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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.
Gas cylinder explosion in Mumbai: 6 injured, 11 rescued from collapsed houses
Gas cylinder explosion in Mumbai: 6 injured, 11 rescued from collapsed houses
Nov 29, 2023
Six persons, including a 47-year-old woman, were injured in the incident. All of them were admitted to the nearby Shatabdi Hospital. They are being treated at the Out-patient Department (OPD) of the hospital and their condition is stable.
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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Futures flat as investors brace for inflation data, Fed decision
Futures flat as investors brace for inflation data, Fed decision
Jun 12, 2024
(Reuters) -U.S. stock index futures traded flat to marginally higher on Wednesday as investors awaited a key inflation reading and a policy announcement from the Federal Reserve as it concludes its two-day meeting. Markets have been broadly cautious this week, seeking clearer signs on the central bank's likely policy path, although a surge in Apple shares helped lift the S&P...
Sector Update: Tech
Sector Update: Tech
Jun 12, 2024
08:48 AM EDT, 06/12/2024 (MT Newswires) -- Technology stocks were edging higher premarket Wednesday, with the Technology Select Sector SPDR Fund (XLK) advancing by 1.2% and the SPDR S&P Semiconductor ETF (XSD) up 0.1%. Oracle (ORCL) shares were up over 6% after the company reported an increase in fiscal Q4 sales and unveiled partnerships with Microsoft ( MSFT ) and...
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Wednesday Ahead of US FOMC Announcement
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Wednesday Ahead of US FOMC Announcement
Jun 12, 2024
08:34 AM EDT, 06/12/2024 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.1% and the actively traded Invesco QQQ Trust (QQQ) was 0.2% higher in Wednesday's premarket activity, ahead of the US Federal Reserve's monetary policy announcement. US stock futures were also higher, with S&P 500 Index futures up 0.1%,...
General Motors, Toll Brothers And 2 Other Stocks Insiders Are Selling
General Motors, Toll Brothers And 2 Other Stocks Insiders Are Selling
Jun 12, 2024
The Nasdaq 100 closed higher by more than 100 points on Tuesday. 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...
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End of day gold price forecast update - 02-05-2024
End of day gold price forecast update - 02-05-2024
May 2, 2024
Gold price continues to decline to test 2300.00$, waiting for more decline to achieve the main expected target at 2260.60$, supported by the EMA50 that presses negatively on the price, noting that holding below 2325.90$ is important to the continuation of the expected decline. ...
Unity Software Appoints Gaming Industry Veteran Matthew Bromberg As CEO
Unity Software Appoints Gaming Industry Veteran Matthew Bromberg As CEO
May 2, 2024
Matthew Bromberg was appointed the new CEO of Unity Software Inc ( U ) , effective May 15, 2024, succeeding interim CEO Jim Whitehurst. According to GamesIndustry.biz, Bromberg brings over two decades of industry experience, having previously served as COO at Zynga and in leadership roles at Electronic Arts Inc ( EA ) , including serving as the group general...
End of day gold price forecast update - 02-05-2024
End of day gold price forecast update - 02-05-2024
May 2, 2024
Gold price continues to decline to test 2300.00$, waiting for more decline to achieve the main expected target at 2260.60$, supported by the EMA50 that presses negatively on the price, noting that holding below 2325.90$ is important to the continuation of the expected decline. ...
Research Alert: CFRA Reiterates Strong Buy Recommendation On Shares Of Cyberark Software Ltd.
Research Alert: CFRA Reiterates Strong Buy Recommendation On Shares Of Cyberark Software Ltd.
May 2, 2024
03:45 PM EDT, 05/02/2024 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We trim our target to $281 from $297 on a P/S of 12x our NTM sales, on lower market multiples and higher risks to demand. We increase our 2024 EPS...
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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.
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.
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
Jul 12, 2023
The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.
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