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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.
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...
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...
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B. Riley to sell Great American Group unit to Oaktree for about $400 mln, WSJ reports
B. Riley to sell Great American Group unit to Oaktree for about $400 mln, WSJ reports
Oct 15, 2024
Oct 14 (Reuters) - Investment bank B. Riley has agreed to sell its appraisal and valuations unit, Great American, to asset-management firm Oaktree Capital for about $400 million, the Wall Street Journal reported on Sunday, citing people familiar with the matter. As part of the deal, B. Riley will receive about $203 million in cash, preferred equity interests in a...
Despite massive production, soy remains niche food in Brazil
Despite massive production, soy remains niche food in Brazil
Oct 15, 2024
SAO PAULO (Reuters) - Brazil's foodie hub Sao Paulo may be best known for its prized cuts of grilled meat and lavish sushi spreads, but some upscale restaurants are featuring a novel star ingredient: soy. The agricultural powerhouse is the world's top producer of soy, shipping over a million tons a week to China on average. But unlike in Asia...
NYT sends AI startup Perplexity 'cease and desist' notice over content use
NYT sends AI startup Perplexity 'cease and desist' notice over content use
Oct 15, 2024
(Reuters) -The New York Times has sent Perplexity a cease and desist notice demanding the company stop using the newspaper's content for generative AI purposes, the startup said on Tuesday, marking the latest clash between the news publisher and an AI firm. The news publisher said in the letter, a copy of which it shared with Reuters, that the way...
Catalent to sell New Jersey facility
Catalent to sell New Jersey facility
Oct 15, 2024
Oct 14 (Reuters) - Catalent ( CTLT ) said on Monday it had agreed to sell its oral solids development and small-scale manufacturing facility in Somerset, New Jersey to private contract drug manufacturer Ardena. (Reporting by Bhanvi Satija in Bengaluru; Editing by Anil D'Silva) ...
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Bitcoin Drops To $59,000 As US Government Moves To Sell More BTC
Bitcoin Drops To $59,000 As US Government Moves To Sell More BTC
Aug 14, 2024
Bitcoin fell 2.5% on Wednesday to $59.100 after the U.S. government moved more of its Silk Road-affiliated Bitcoin holdings to Coinbase Prime. On-chain analysis platform Arkham Intelligence flagged the move on Wednesday, noting that 10,000 BTC worth $593 million had been moved. “Wallet bc1ql received 10K BTC from a known US Government wallet 2 weeks ago,” Arkham wrote to Twitter....
Important Binance Update Affecting This Popular Meme Coin: Details
Important Binance Update Affecting This Popular Meme Coin: Details
Aug 14, 2024
TL;DR Binance announced the addition of two new trading pairs available later this month. The company also revealed the delisting of several trading pairs, such as BLZ/FDUSD and BICO/BTC, with no significant impact on the prices of the involved cryptocurrencies. The Latest Listings Binance continues to update its services to respond to recent market trends and improve overall user experience....
Morgan Stanley Becomes Fifth Largest IBIT Holder With $188M Position
Morgan Stanley Becomes Fifth Largest IBIT Holder With $188M Position
Aug 15, 2024
According to a Form 13F filing with the United States Securities and Exchange Commission on Aug. 14, Morgan Stanley reported owning 5,500,626 shares of BlackRock’s iShares Bitcoin Trust (IBIT) as of June 30. The investment was valued at $187.8 million at the end of June. The filing notes under “Investment Discretion” state that all of the shares are allocated to Morgan...
Jump Trading Offloads More Ethereum as ETH Price Dumps 3.5% Daily
Jump Trading Offloads More Ethereum as ETH Price Dumps 3.5% Daily
Aug 14, 2024
Crypto algorithmic trading platform and market maker Jump Trading has resumed its ether (ETH) sales, offloading more than 17,000 ETH worth over $46.44 million on Wednesday. An X post by blockchain analytics firm Lookonchain disclosed that Jump Trading claimed the assets from the liquid staking protocol Lido and moved them out for sale in batches of 2,000 ETH. Jump Trading...
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