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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.
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...
Citibank wins lawsuit against fired analyst who expensed his partner’s meals to the company and then claimed he ate two of everything
Citibank wins lawsuit against fired analyst who expensed his partner’s meals to the company and then claimed he ate two of everything
Jan 15, 2024
  Former Citibank Analyst's Unfair Dismissal Claim Rejected   Employee Lied About Food Expenses  A former Citibank analyst, Szabolcs Fekete, has lost his claim of unfair dismissal after a tribunal discovered he had lied about buying food for his partner and charging it to his employer.   Fekete, who was a senior analyst, claimed he had been both wrongfully and unfairly dismissed by Citibank....
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...
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Top Midday Decliners
Top Midday Decliners
Nov 15, 2024
02:37 PM EST, 11/14/2024 (MT Newswires) -- Calidi Biotherapeutics ( CLDI ) said Thursday it has priced its offering of about 4.44 million shares at $1.69 apiece, targeting gross proceeds of $7.5 million. The company intends to use the net proceeds for working capital, general corporate purposes, and pre-clinical and clinical trials. Shares slumped 36% intraday. Bragg Gaming ( BRAG...
US STOCKS-Wall St indexes fall after latest inflation data; Powell speech awaited
US STOCKS-Wall St indexes fall after latest inflation data; Powell speech awaited
Nov 15, 2024
* PPI rises 0.2% on monthly basis in October * Weekly jobless claims lower than forecast * Industrials lead sector losses with defense stocks dragging * Walt Disney ( DIS ) up after beating Q4 earnings estimates * Indexes down: Dow 0.31%, S&P 500 0.36%, Nasdaq 0.39% (Updates to mid-afternoon) By Sinéad Carew and Lisa Pauline Mattackal Nov 14 (Reuters)...
Top Midday Gainers
Top Midday Gainers
Nov 15, 2024
02:15 PM EST, 11/14/2024 (MT Newswires) -- AgEagle Aerial Systems ( UAVS ) secured 17 new purchase orders for eBee TAC drones from US defense and security customers. The stock doubled as intraday volume topped 158.5 million shares versus the daily average of about 2.73 million. Quantum Computing ( QUBT ) shares soared following the 93% surge Wednesday after the...
Equities Fall Intraday as Traders Weigh Producer Prices Data
Equities Fall Intraday as Traders Weigh Producer Prices Data
Nov 15, 2024
02:13 PM EST, 11/14/2024 (MT Newswires) -- US benchmark equity indexes were lower intraday as markets assessed the latest producer prices report. The Dow Jones Industrial Average and the S&P 500 were down 0.3% each at 43,819 and 5,969.4, respectively, after midday Thursday. The Nasdaq Composite fell 0.2% to 19,194.7. Among sectors, industrials saw the biggest drop, while technology led...
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Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Mar 22, 2024
(Reuters) - The U.S. government's antitrust lawsuit against Apple ( AAPL ) draws on the watershed 1998 case that broke Microsoft's ( MSFT ) stranglehold on desktop software, but that may prove to be an imperfect blueprint for addressing smartphone competition. The market for the iPhone today looks very different from the near-monopoly enjoyed by Microsoft's ( MSFT ) Windows...
Dutch PM to meet China's Xi amid strain over chip export policy
Dutch PM to meet China's Xi amid strain over chip export policy
Mar 22, 2024
AMSTERDAM, March 22 (Reuters) - The Netherlands' prime minister will travel to China next week for a meeting with Chinese President Xi Jinping on economic ties, the Dutch government said on Friday, a meeting that is likely to be strained over computer chip export policy matters. The Dutch government this year began denying licenses for ASML, the biggest supplier of...
Deep Dive Into Confluent Stock: Analyst Perspectives (17 Ratings)
Deep Dive Into Confluent Stock: Analyst Perspectives (17 Ratings)
Mar 22, 2024
In the preceding three months, 17 analysts have released ratings for Confluent , presenting a wide array of perspectives from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 7 5 5...
The Analyst Landscape: 7 Takes On Clear Secure
The Analyst Landscape: 7 Takes On Clear Secure
Mar 22, 2024
Analysts' ratings for Clear Secure ( YOU ) over the last quarter vary from bullish to bearish, as provided by 7 analysts. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent...
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This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
How Zara and H&M are trying to clean up fast fashion's messy carbon footprint — are they serious about it
How Zara and H&M are trying to clean up fast fashion's messy carbon footprint — are they serious about it
Sep 18, 2023
Fast fashion retailer H&M is all set to sell second-hand clothes at its Regent Street flagship store in UK from October — offering items that are 'ready to be loved again.' Zara also recently launched its online second-hand service in France, having trialled it in Britain since November last year. But are these 'green initiatives' for real, or just some more greenwashing? CNBC TV18 gives a macro view.
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Is The US Government Selling $240 Million in Bitcoin (BTC) Related to Silk Road?
Is The US Government Selling $240 Million in Bitcoin (BTC) Related to Silk Road?
Jun 27, 2024
The U.S. government has transferred $240 million worth of Bitcoin (BTC) to a Coinbase Prime address. According to Arkham Intelligence, the 3,940 BTC sent to Coinbase were originally forfeited from Silk Road vendor and narcotics dealer Banmeet Singh during his January trial. Seizures and Legal Actions In late 2021, the U.S. Department of Justice (DOJ) seized over 50,000 BTC, valued...
SOL Price Skyrockets 7% in Minutes as VanEck Files for Solana ETF in the US
SOL Price Skyrockets 7% in Minutes as VanEck Files for Solana ETF in the US
Jun 27, 2024
Cryptocurrency-based exchange-traded funds continue to be on the main stage in the US, with the latest filing from VanEck taking into account the fifth-largest digital asset Solana. Shortly after the news broke, the native tokens price shot up by 7% to $150. Matthew Sigel, the companys Head of Digital Assets Research, highlighted the development on X. He noted that the...
ETH Increases Toward $3.5K, Erases Much of Earlier Losses (Ethereum Price Analysis)
ETH Increases Toward $3.5K, Erases Much of Earlier Losses (Ethereum Price Analysis)
Jun 27, 2024
After a bearish correction phase, the price has now reached a crucial support zone, defined by the 100-day moving average and the 0.5-0.618 Fibonacci levels. Given the strong demand at this juncture, a mid-term bullish rebound is looking likely. Technical Analysis By Shayan The Daily Chart A detailed examination of the daily chart reveals that Ethereum has entered a significant...
Coinbase Files Suits Against SEC, FDIC Over Compliance With Crypto Information Requests
Coinbase Files Suits Against SEC, FDIC Over Compliance With Crypto Information Requests
Jun 27, 2024
The largest United States cryptocurrency exchange, Coinbase, has filed lawsuits against the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) for failing to comply with information requests in closed crypto cases. According to filings at the United States District Court for the District of Columbia, Coinbase seeks to compel the SEC and FDIC to comply with...
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