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PayU’s India biz clocks $211 million in revenues; Prosus attributes growth to Lazycard shutdown
PayU’s India biz clocks $211 million in revenues; Prosus attributes growth to Lazycard shutdown
Nov 29, 2023
The growth in revenues largely came from its existing merchants and payment processing stack Wibmo, as new merchant signups continued to be paused for the Indian entity after a Reserve Bank of India (RBI) order.
Adobe’s CFO is helping steer the company’s path into generative AI
Adobe’s CFO is helping steer the company’s path into generative AI
Jan 15, 2024
  Generative AI: Adobe's Finance Organization Embraces Innovation   Introduction  Adobe, a leading software company, is charging full steam ahead towards a future powered by generative AI products, with finance playing a pivotal role in this transformative journey. Dan Durn, CFO and EVP of finance, technology services, and operations at Adobe, emphasizes the significance of the finance organization's involvement in strategic discussions, understanding...
Trade Setup for November 30: Nifty set for best month of 2023 as record high in sight
Trade Setup for November 30: Nifty set for best month of 2023 as record high in sight
Nov 29, 2023
November has turned out to be the best month of the year so far for the Nifty, with the index gaining 5.5% so far ahead of Thursday's monthly F&O expiry.
With California having nearly a third of America’s homeless, Gavin Newsom leans into the ‘Yes in God’s backyard’ movement
With California having nearly a third of America’s homeless, Gavin Newsom leans into the ‘Yes in God’s backyard’ movement
Jan 15, 2024
  California's New Law: Turning Parking Lots into Affordable Housing   Introduction  In an effort to combat the ongoing homeless crisis, California has enacted a new law that allows religious institutions and nonprofit colleges to convert their parking lots and other properties into low-income housing.   The Law's Provisions  The law, signed by Governor Gavin Newsom, rezones land owned by religious institutions and nonprofit colleges...
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Sector Update: Tech Stocks Drop Late Afternoon
Sector Update: Tech Stocks Drop Late Afternoon
Sep 2, 2025
03:43 PM EDT, 09/02/2025 (MT Newswires) -- Tech stocks retreated late Tuesday afternoon with the Technology Select Sector SPDR Fund (XLK) falling 1.4% and the SPDR S&P Semiconductor ETF (XSD) dropping 2%. The Philadelphia Semiconductor index declined 1.6%. In sector news, Anthropic, which is backed by Amazon.com (AMZN) and Alphabet's (GOOG) Google ( GOOG ), completed a series F fundraising...
Sector Update: Financial
Sector Update: Financial
Sep 2, 2025
03:17 PM EDT, 09/02/2025 (MT Newswires) -- Financial stocks were retreating in late Tuesday afternoon trading, with the NYSE Financial Index falling 1.2% and the Financial Select Sector SPDR Fund (XLF) declining 1.1%. The Philadelphia Housing Index was down 0.9%, and the Real Estate Select Sector SPDR Fund (XLRE) was shedding 2%. Bitcoin (BTC-USD) was increasing 1.4% to $110,809, and...
Sector Update: Energy
Sector Update: Energy
Sep 2, 2025
03:18 PM EDT, 09/02/2025 (MT Newswires) -- Energy stocks were lower late Tuesday afternoon, with the NYSE Energy Sector Index shedding 0.3% and the Energy Select Sector SPDR Fund (XLE) down 0.2%. The Philadelphia Oil Service Sector index fell 0.9% and the Dow Jones US Utilities index declined 0.7%. West Texas Intermediate crude oil rose 2.5% to $65.58 a barrel,...
Sector Update: Tech
Sector Update: Tech
Sep 2, 2025
03:23 PM EDT, 09/02/2025 (MT Newswires) -- Tech stocks retreated late Tuesday afternoon with the Technology Select Sector SPDR Fund (XLK) falling 1.4% and the SPDR S&P Semiconductor ETF (XSD) dropping 2%. The Philadelphia Semiconductor index declined 1.7%. In corporate news, the EU paused its plan to fine Alphabet's (GOOG) Google ( GOOG ) for allegedly abusing its dominant position...
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Jul 16, 2024
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Competitor Analysis: Evaluating Advanced Micro Devices And Competitors In Semiconductors & Semiconductor Equipment Industry
Competitor Analysis: Evaluating Advanced Micro Devices And Competitors In Semiconductors & Semiconductor Equipment Industry
Jul 16, 2024
In the fast-paced and cutthroat world of business, conducting thorough company analysis is essential for investors and industry experts. In this article, we will undertake a comprehensive industry comparison, evaluating Advanced Micro Devices ( AMD ) in comparison to its major competitors within the Semiconductors & Semiconductor Equipment industry. By analyzing crucial financial metrics, market position, and growth potential, our...
Polygon's New ZK Proving System, 'Plonky3,' Comes as Open-Source Toolkit
Polygon's New ZK Proving System, 'Plonky3,' Comes as Open-Source Toolkit
Jul 16, 2024
Polygon Labs, the main developer firm behind the layer-2 blockchain Polygon, released on Tuesday the latest version of its zero-knowledge proving system, “Plonky3” – designed to be more flexible than the previous model. A proving system is at the heart of zero-knowledge rollups, and a crucial component in the cryptographic security of distributed networks with multiple layers. It is the...
June Retail Sales Defy Expectations For Decline
June Retail Sales Defy Expectations For Decline
Jul 16, 2024
12:42 PM EDT, 07/16/2024 (MT Newswires) -- US retail sales held steady last month versus market views for a decline, as spending growth in most major categories helped offset declines in the gas station and motor vehicle components, Census Bureau data showed Tuesday. Sales were flat in June following an upwardly revised 0.3% rise in the month before. Analysts were...
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ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
Jan 4, 2023
The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.
Lok Sabha passes Forest (Conservation) Amendment Bill — All you need to know
Lok Sabha passes Forest (Conservation) Amendment Bill — All you need to know
Jul 11, 2023
Activists have contended that words like "ecotourism facilities" and "any other purposes" are too vague and may pave the way for widespread exploitation and misuse.
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Nov 6, 2023
Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Mar 13, 2023
A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 
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i-80 Gold Says Ramping Up 2024 Granite Creek Exploration & Development Program
i-80 Gold Says Ramping Up 2024 Granite Creek Exploration & Development Program
May 7, 2024
06:29 AM EDT, 05/07/2024 (MT Newswires) -- i-80 GOLD CORP. ( IAUX ) on Tuesday provided an update on planned programs at the company's Granite Creek Property located in Humboldt County, Nevada. It said this work being conducted in 2024 is expected to include definition and expansion drilling, underground development and test mining of the South Pacific Zone, and a...
BRIEF-Perpetual To Be Broken Up, Name Sold To Kkr In A$1.5 Billion Deal - AFR
BRIEF-Perpetual To Be Broken Up, Name Sold To Kkr In A$1.5 Billion Deal - AFR
May 7, 2024
May 7 (Reuters) - AFR: * PERPETUAL TO BE BROKEN UP, NAME SOLD TO KKR IN A$1.5 BILLION DEAL ...
Aura Minerals Posts 45% Jump in Q1 Adjusted EBITDA
Aura Minerals Posts 45% Jump in Q1 Adjusted EBITDA
May 7, 2024
06:28 AM EDT, 05/07/2024 (MT Newswires) -- Aura Minerals ( ORAAF ) overnight Monday reported a 45% increase in first-quarter adjusted EBITDA as total production grew 28%. First-quarter adjusted EBITDA rose to US$53.2 million from US$36.6 million. Net revenue increased to US$132.1 million from US$97 million. Aura attributed the EBITDA increase to higher gold prices, lower costs and higher sales...
Why Beauty Company Coty's Shares Are Gaining Today
Why Beauty Company Coty's Shares Are Gaining Today
May 7, 2024
Coty Inc ( COTY ) shares are trading higher after the company reported third-quarter FY24 sales growth of 8% year-on-year to $1.386 billion, beating the analyst consensus estimate of $1.371 billion. The sales increase was supported by high-single-digit percentage growth in all regions. LFL revenue increased 10%, supported by growth in fragrances, color cosmetics, skin care and body care. Prestige net revenues increased 8% and that of Consumer Beauty gained 6%. Revenue in the...
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South Korea’s Crypto Trading Volume Hits Record $34B Amid Martial Law Controversy
South Korea’s Crypto Trading Volume Hits Record $34B Amid Martial Law Controversy
Dec 4, 2024
On December 3, South Korea witnessed a historic surge in cryptocurrency trading as the nation dealt with the declaration of martial law. Trading volumes in the Korean virtual asset market skyrocketed to approximately $34.6 billion within 24 hours, marking the highest recorded level of the year. XRP Drives Record Trading Volume According to local reports citing CoinGecko data, from 9:00...
Why Is Ripple (XRP) Plunging When Trump Picked Pro
Why Is Ripple (XRP) Plunging When Trump Picked Pro
Dec 4, 2024
TL:DR; Led by bitcoin, most of the cryptocurrency market is well in the green today, but this is not the case for Ripples native token. This comes in a particularly confusing time as Donald Trump made his choice for a new SEC chair and he is someone with good history with the crypto industry. Pro-SEC Chair at Last? It was...
Total Crypto Market Cap Tops $3.8 Trillion in Record High
Total Crypto Market Cap Tops $3.8 Trillion in Record High
Dec 5, 2024
Total crypto market cap has reached an all-time high of $3.83 trillion following a 2.7% rise on the day, according to Coingecko. Digital asset market momentum has largely been driven by Donald Trump’s presidential election victory and the promise of a pro-crypto regulatory landscape in the United States. Since election day on Nov. 5, almost $1.5 trillion has entered the...
History: Bitcoin Reaches $100,000 For The First Time
History: Bitcoin Reaches $100,000 For The First Time
Dec 4, 2024
Bitcoin’s price has claimed a new all-time high above $100,000 on Thursday morning – the first time the asset has ever cracked six figures in USD value.  At this price, Bitcoin’s market capitalization is well above $2 trillion, about $1.2 trillion higher than where it stood at the start of the year.  November and now December have been the magic...
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