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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...
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....
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SNAPSHOT-India stocks, rupee, swaps, call at 3:30 p.m. IST
SNAPSHOT-India stocks, rupee, swaps, call at 3:30 p.m. IST
Mar 22, 2024
MUMBAI, March 22 (Reuters) - STOCKS: The benchmark BSE Sensex rose 190.75 points, or 0.26%, to 72,831.94, while the broader NSE index gained 66.1 points, or 0.30%, to 22,078.05, as IT sector bellwether Accenture's revenue warning offset optimism around U.S. Federal Reserve rate cuts. RUPEE: The Indian rupee weakened 0.33% versus the U.S. dollar, and quoted at 83.43 per dollar,...
US Stock Futures Flat Ahead of Powell Speech After Reaching Record Highs on Thursday
US Stock Futures Flat Ahead of Powell Speech After Reaching Record Highs on Thursday
Mar 22, 2024
08:24 AM EDT, 03/22/2024 (MT Newswires) -- US stock futures were flat in Friday's premarket session after equity indexes closed at record highs on Thursday, as investors awaited Federal Reserve Chairman Jerome Powell's speech, scheduled for 9:00 am ET. Powell will deliver the opening remarks at a Fed Listens event in Washington on the topic of transitioning to a post-pandemic...
Futures tick up after Wall Street hits record highs
Futures tick up after Wall Street hits record highs
Mar 22, 2024
(Reuters) - U.S. stock index futures inched higher on Friday, setting Wall Street on course for strong weekly gains as investors cheered the Federal Reserve sticking to its rate-easing stance and awaited commentary from Chair Powell later in the day. All three main U.S. indexes hit fresh record closing highs in the previous session as chip stocks rallied after Micron...
Dell, TJX And 2 Other Stocks Insiders Are Selling
Dell, TJX And 2 Other Stocks Insiders Are Selling
Mar 22, 2024
The Nasdaq 100 closed higher by around 80 points on Thursday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an...
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Skyworks names insider Robert Schriesheim as interim CFO after Dentinger withdraws
Skyworks names insider Robert Schriesheim as interim CFO after Dentinger withdraws
May 29, 2025
May 29 (Reuters) - Chipmaker Skyworks Solutions on Thursday named insider Robert Schriesheim as interim finance chief, after Mark Dentinger decided not to join the Apple supplier as previously announced. Dentinger, who was set to take over as CFO on June 2, will not be joining due to a medical condition, the company said. It has begun searching for a...
Gold gathers its gains -Analysis-30-05-2025
Gold gathers its gains -Analysis-30-05-2025
May 29, 2025
The (Gold) price declined in its last intraday trading, in a correctional move to gather the gains of the previous bullish wave, attempting to offload the clear overbought condition on the (RSI), especially with the beginning of a negative overlapping signal appearance on them, which might limit the bullish momentum temporarily. Despite this decline, Gold remains technically supported by its...
Chinese tech companies prepare for AI future without Nvidia, FT reports
Chinese tech companies prepare for AI future without Nvidia, FT reports
May 29, 2025
(Reuters) -China's biggest technology companies have begun the process of switching to homegrown chips as they contend with a dwindling stockpile of Nvidia ( NVDA ) processors and tightening United States export controls, the Financial Times reported on Thursday. Alibaba ( BABA ), Tencent ( TCTZF ) and Baidu ( BIDU ) are among those starting to test alternative semiconductors...
Marvell forecasts second-quarter revenue above estimates on strong demand for custom AI chips
Marvell forecasts second-quarter revenue above estimates on strong demand for custom AI chips
May 29, 2025
By Priyanka G May 29 (Reuters) - Marvell Technology ( MRVL ) forecast second-quarter revenue above Wall Street estimates on Thursday, betting on strong demand for its custom chips powering artificial intelligence workloads in data centers. Demand for custom AI chips continues to fuel growth, while networking chips and electro-optics have also seen robust order momentum. These advancements help hyperscalers...
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Neogen Closes $130 Million Sale of Cleaners, Disinfectants Business to Kersia Group
Neogen Closes $130 Million Sale of Cleaners, Disinfectants Business to Kersia Group
Jul 18, 2025
09:02 AM EDT, 07/18/2025 (MT Newswires) -- Neogen (NEOG) said Friday it has completed the sale of its global cleaners and disinfectants business to Kersia Group for $130 million in cash, plus contingent consideration tied to future performance of the business. Net proceeds from the transaction will be used to repay $100 million of debt in the current quarter, Neogen...
Champions Oncology Names Rob Brainin CEO
Champions Oncology Names Rob Brainin CEO
Jul 18, 2025
09:02 AM EDT, 07/18/2025 (MT Newswires) -- Champions Oncology ( CSBR ) said Friday that it has appointed its board member Rob Brainin as its chief executive officer, effective Aug. 25. Brainin will join Champions from Veracyte ( VCYT ) , where he most recently served as chief business officer, the company said. He will succeed Ronnie Morris, who is...
Charles Schwab profit surges on trading boom, asset growth
Charles Schwab profit surges on trading boom, asset growth
Jul 18, 2025
(Reuters) -U.S. brokerage firm Charles Schwab said on Friday its profit rose nearly 60% in the second quarter, driven by robust trading activity and increased asset management fees. Shares of Charles Schwab, which have gained nearly 26% in 2025, rose 2.5% in premarket trading. Market uncertainty from President Trump's broad tariff measures sparked heightened volatility earlier this year, driving investors...
TIMELINE-Biggest oil and gas sector deals since start of the century
TIMELINE-Biggest oil and gas sector deals since start of the century
Jul 18, 2025
(Adds Chevron's $53 billion acquisition of Hess) July 18 (Reuters) - U.S. oil and gas major Chevron ( CVX ) completed its $53 billion acquisition of Hess on Friday, after it prevailed in a landmark legal battle against larger rival Exxon Mobil to gain access to the biggest oil discovery in decades. Chevron's ( CVX ) acquisition of Hess will...
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Will Markets Continue to Dump Amid $1.6B in Crypto Options Expiring Today? 
Will Markets Continue to Dump Amid $1.6B in Crypto Options Expiring Today? 
Oct 10, 2024
Around 18,800 Bitcoin options contracts will be expiring on Friday, Oct. 11, with a notional value of around $1.1 billion. Today’s options expiry is very similar to last week’s as implied volatility declines, and expiry events are now smaller. Therefore, it is unlikely to impact spot markets, which have been retreating this week. Bitcoin Options Expiry This week’s batch of...
Ripple Price Analysis: Calm Before the Storm for XRP Following Long Consolidation?
Ripple Price Analysis: Calm Before the Storm for XRP Following Long Consolidation?
Oct 10, 2024
Ripple’s price has been consolidating in a very tight range in the last few days, and it has yet to give any indication of its future direction. By Edris Derakhshi (TradingRage) The USDT Paired Chart On the USDT paired chart, the price has recently experienced a massive drop from the $0.65 level, breaking below the 200-day moving average, which is...
Here’s How Much Ripple (XRP) and Shiba Inu (SHIB) Binance Currently Holds
Here’s How Much Ripple (XRP) and Shiba Inu (SHIB) Binance Currently Holds
Oct 10, 2024
TL;DR Binance’s latest Proof-of-Reserves report shows full backing of customer assets. The effort aims to increase transparency after FTX’s collapse. Its Time for PoR Again Binance recently released its latest Proof-of-Reserves (PoR) report. The efforts main goal is to show that the exchange has enough crypto assets to cope with all customers withdrawals, with reserves available in case of emergency. When...
Google Officially Integrates Ethereum Name Service (ENS) into Search Engine
Google Officially Integrates Ethereum Name Service (ENS) into Search Engine
Oct 10, 2024
Google has officially integrated the Ethereum Name Service (ENS) into its search engine. This allows users to search for any .eth domain and view the corresponding Ethereum (ETH) balance directly within the search results. This development marks a major step in making cryptocurrency information more accessible to the general public. ENS Support and Features Google has officially integrated ENS, allowing...
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