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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...
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.
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Wall St futures ease as Big Tech results revive AI spending worries; oil jumps
Wall St futures ease as Big Tech results revive AI spending worries; oil jumps
Jul 23, 2026
July 23 (Reuters) - U.S. stock index futures dipped on Thursday as concerns over heavy AI spending resurfaced after the first batch of Big Tech earnings, while another jump in oil prices linked to the widening Middle East conflict weighed on sentiment. Investors offered a downbeat reaction to earnings from Alphabet and Tesla, the first of the so-called Magnificent Seven...
Japan's small caps emerge from AI's shadow as investors eye value
Japan's small caps emerge from AI's shadow as investors eye value
Jul 23, 2026
* Foreigners bought net 10.1 trillion yen of Japanese stocks through early July * Topix gauge up 1% since June 25 versus more than 8% drop for Nikkei * Tokyo exchange's next reform to tighten Topix liquidity standards By Junko Fujita TOKYO, July 23 (Reuters) - Japan's deep bench of small- and mid-cap stocks has been largely overlooked amid AI...
Social Buzz: Wallstreetbets Stocks Mixed Pre-Bell Thursday; ServiceNow to Advance, Tesla to Decline
Social Buzz: Wallstreetbets Stocks Mixed Pre-Bell Thursday; ServiceNow to Advance, Tesla to Decline
Jul 23, 2026
06:36 AM EDT, 07/23/2026 (MT Newswires) -- The most-talked-about stocks in the Reddit subforum Wallstreetbets were mixed hours before Thursday's opening bell. ServiceNow ( NOW ) rose by 7.5% in premarket activity, swinging from a 6.5% fall at Wednesday's close. ServiceNow ( NOW ) reported higher Q2 adjusted earnings and revenue. Micron Technology ( MU ) was 3% higher pre-bell,...
ROI-Junk bonds' 'thin' spreads are an illusion: Marty Fridson
ROI-Junk bonds' 'thin' spreads are an illusion: Marty Fridson
Jul 23, 2026
(The views expressed here are those of the author, the publisher of Income Securities Investor) By Marty Fridson NEW YORK, July 23 (Reuters) - Credit spreads on so-called junk bonds may appear slim compared to historical averages. But that says more about the analytical method being used than the fair value of these instruments. As their more appropriate name -...
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Industry Comparison: Evaluating Apple Against Competitors In Technology Hardware, Storage & Peripherals Industry
Industry Comparison: Evaluating Apple Against Competitors In Technology Hardware, Storage & Peripherals Industry
May 21, 2024
In the ever-evolving and intensely competitive business landscape, conducting a thorough company analysis is of utmost importance for investors and industry followers. In this article, we will carry out an in-depth industry comparison, assessing Apple ( AAPL ) alongside its primary competitors in the Technology Hardware, Storage & Peripherals industry. By meticulously examining key financial metrics, market positioning, and growth...
Amazon's cloud unit pauses orders of Nvidia's most powerful chip, FT reports
Amazon's cloud unit pauses orders of Nvidia's most powerful chip, FT reports
May 21, 2024
(Reuters) - Amazon.com's ( AMZN ) cloud services unit has paused orders of Nvidia's ( NVDA ) most advanced superchip to wait for a more powerful new model, the Financial Times reported on Tuesday. The new model called Blackwell, the chip sector heavyweight's new flagship AI processor, is expected to ship later this year, Nvidia ( NVDA ) said in...
Amazon's cloud unit pauses orders of Nvidia's most powerful chip, FT reports
Amazon's cloud unit pauses orders of Nvidia's most powerful chip, FT reports
May 21, 2024
May 21 (Reuters) - Amazon.com's ( AMZN ) cloud services unit has paused orders of Nvidia's ( NVDA ) most advanced superchip to wait for a more powerful new model, the Financial Times reported on Tuesday. (Reporting by Akash Sriram in Bengaluru; Editing by Anil D'Silva) ...
Evaluating Pure Storage: Insights From 15 Financial Analysts
Evaluating Pure Storage: Insights From 15 Financial Analysts
May 21, 2024
During the last three months, 15 analysts shared their evaluations of Pure Storage ( PSTG ) , revealing diverse outlooks from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings...
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Microsoft's Robust Fiscal Q4 Results Driven by Azure Growth, M365 Copilot Traction, RBC Says
Microsoft's Robust Fiscal Q4 Results Driven by Azure Growth, M365 Copilot Traction, RBC Says
Jul 30, 2026
12:14 PM EDT, 07/30/2026 (MT Newswires) -- Microsoft's ( MSFT ) robust fiscal Q4 results were driven by Azure growth amid rising demand and continued M365 Copilot traction, RBC Capital Markets said in a Thursday research report. Azure growth delivered upside on efficiency gains across the CPU and GPU fleet, as well as process enhancements, the firm said. Meanwhile, M365...
K Wave Media Reports 1-for-30 Reverse Stock Split
K Wave Media Reports 1-for-30 Reverse Stock Split
Jul 30, 2026
12:11 PM EDT, 07/30/2026 (MT Newswires) -- K Wave Media ( KWM ) said Thursday it will effect a 1-for-30 reverse stock split to help maintain compliance with Nasdaq's minimum bid price requirement for continued listing. The shares are expected to begin trading on a split-adjusted basis at market open on Aug. 3, the firm said. Shares were down over...
Silicon Motion's Q2 Revenue, Margins Top Estimates on Broad-Based Growth, Wedbush Says
Silicon Motion's Q2 Revenue, Margins Top Estimates on Broad-Based Growth, Wedbush Says
Jul 30, 2026
11:58 AM EDT, 07/30/2026 (MT Newswires) -- Silicon Motion Technology ( SIMO ) reported Q2 revenue and margins well above expectations and issued a sharply higher Q3 outlook, driven by broad-based growth in embedded, automotive and artificial intelligence-related products, Wedbush said in a report Thursday. Q2 revenue rose 127% from a year earlier to $451 million, topping the $403 million...
Goldman Sachs queried top lawyer Ruemmler on Epstein links as scrutiny mounted
Goldman Sachs queried top lawyer Ruemmler on Epstein links as scrutiny mounted
Jul 30, 2026
NEW YORK, July 30 (Reuters) - Goldman Sachs ( GS ) queried its former top lawyer Kathy Ruemmler in 2023, 2025 and 2026 about links to Jeffrey Epstein amid growing scrutiny of the late convicted sex offender's ties to the elite and wealthy, according to a transcript released by the U.S. Congress House Oversight Committee. I wouldn't characterize it as...
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