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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.
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...
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...
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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Bitcoin Miner Stocks Fall As Bitcoin Crashes: What's Going On?
Bitcoin Miner Stocks Fall As Bitcoin Crashes: What's Going On?
Jul 5, 2024
Shares of Bitcoin mining companies, including Marathon Digital Holdings, Inc ( MARA ). and Riot Platforms, Inc. ( RIOT ) , are falling Friday as the price of Bitcoin dips below $56,000.  The Details: Bitcoin has fallen nearly 12% over the past five days as investors watch the movement of a large amount of Bitcoin by Mt. Gox from a...
What's Going On With Arm Holdings Stock?
What's Going On With Arm Holdings Stock?
Jul 5, 2024
Arm Holdings Plc ( ARM ) shares are trading higher on above-average volume Friday. Here's a look at what's going on.  What To Know: Arm shares have gained more than 30% over the past month, and the stock joined the Nasdaq 100 Index at the end of June. Arm CFO Jason Child highlighted the importance of Arm as industries adopt...
Wall Street set for higher open after job growth moderates
Wall Street set for higher open after job growth moderates
Jul 5, 2024
By Ankika Biswas and Lisa Pauline Mattackal (Reuters) - Wall Street's main indexes were on track to open higher on Friday as markets reopened after the July 4 holiday, with data showing that U.S. job growth slowed to a still-healthy pace in June. The Labor Department's report showed non-farm payrolls rose by 206,000 jobs in June, higher than the expected...
US STOCKS-Nasdaq gains on megacap boost as markets assess payrolls data
US STOCKS-Nasdaq gains on megacap boost as markets assess payrolls data
Jul 5, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * U.S. unemployment rate rises to 4.1% * All three major indexes set for weekly gains * Macy's up on report Arkhouse, Brigade Capital raise buyout offer * Indexes: Dow down 0.08%, S&P flat, Nasdaq up 0.23% (Updated at 9:50...
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$1000 Invested In Guidewire Software 10 Years Ago Would Be Worth This Much Today
$1000 Invested In Guidewire Software 10 Years Ago Would Be Worth This Much Today
Aug 9, 2024
Guidewire Software ( GWRE ) has outperformed the market over the past 10 years by 2.46% on an annualized basis producing an average annual return of 12.99%. Currently, Guidewire Software ( GWRE ) has a market capitalization of $11.97 billion. Buying $1000 In GWRE: If an investor had bought $1000 of GWRE stock 10 years ago, it would be worth...
Abu Dhabi's ADQ, Sotheby's majority owner Drahi to invest $1 billion in auction house
Abu Dhabi's ADQ, Sotheby's majority owner Drahi to invest $1 billion in auction house
Aug 9, 2024
DUBAI (Reuters) -Abu Dhabi wealth fund ADQ and Sotheby's majority owner Patrick Drahi will invest $1 billion in the auction house in a deal that will see ADQ acquire a minority stake in the company, the fund and Sotheby's said on Friday. French-Israeli billionaire Drahi, who founded telecoms group Altice, has been struggling with soaring debt costs because of a...
Critical Insights From EPAM Sys Analyst Ratings: What You Need To Know
Critical Insights From EPAM Sys Analyst Ratings: What You Need To Know
Aug 9, 2024
9 analysts have shared their evaluations of EPAM Sys during the recent three months, expressing a mix of bullish and bearish perspectives. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 3 4 0 0 Last...
DevRev raises over $100 mln in Series A, joins AI unicorn Club
DevRev raises over $100 mln in Series A, joins AI unicorn Club
Aug 9, 2024
Aug 9 (Reuters) - Customer relationship software firm DevRev has raised $100.8 million in series A funding round from Khosla Ventures and others, as interest in firms utilizing artificial intelligence continues to grow. The latest funding round has brought the Palo Alto-based company's valuation to $1.15 billion, marking its entry into the unicorn club. WHY IT MATTERS The AI boom...
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BRIEF-Mattr Signs Definitive Agreement To Sell Its Brazilian Pipe Coating Business To Vallourec For US$17.5M
BRIEF-Mattr Signs Definitive Agreement To Sell Its Brazilian Pipe Coating Business To Vallourec For US$17.5M
Sep 16, 2024
Sept 16 (Reuters) - Mattr Corp ( MTTRF ): * MATTR SIGNS DEFINITIVE AGREEMENT TO SELL ITS BRAZILIAN PIPE COATING BUSINESS TO VALLOUREC FOR US$17.5M Source text for Eikon: Further company coverage: ...
RXO Completes Acquisition of Coyote Logistics for $1.03 Billion
RXO Completes Acquisition of Coyote Logistics for $1.03 Billion
Sep 16, 2024
07:40 AM EDT, 09/16/2024 (MT Newswires) -- RXO (RXO) said Monday that it completed its acquisition of Coyote Logistics from UPS for $1.03 billion, making it the third-largest brokered transportation provider in North America. With this acquisition, the company said it now offers increased network density and additional power lanes for customers, including access to more customers with opportunities to...
Update: Market Chatter: Google Ad Tech Unlikely to be Severed From Alphabet by EU Regulators
Update: Market Chatter: Google Ad Tech Unlikely to be Severed From Alphabet by EU Regulators
Sep 16, 2024
07:40 AM EDT, 09/16/2024 (MT Newswires) -- (Updates with the European Commission's response to a request for comment in the fourth paragraph.) The European Commission is weighing whether to acquire Alphabet's (GOOG, GOOGL) Google ( GOOG ) to end its anti-competitive practices in its ad tech business but is unlikely to order a breakup as previously cautioned, Reuters reported Friday,...
Johnson & Johnson Says its Bladder Cancer Drug Combined With Cetrelimab Shows High Response Rate in Study
Johnson & Johnson Says its Bladder Cancer Drug Combined With Cetrelimab Shows High Response Rate in Study
Sep 16, 2024
07:42 AM EDT, 09/16/2024 (MT Newswires) -- Johnson & Johnson ( JNJ ) said Monday interim results from its phase 2 study of its experimental bladder cancer therapy, TAR-200, showed in combination with chemotherapy using cetrelimab, TAR-200 demonstrated a nearly double pathologic complete response to using chemotherapy alone on patients with muscle-invasive bladder cancer. Treatment-related adverse events occurred in 72%...
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Crypto Price Analysis May
Crypto Price Analysis May
May 31, 2024
This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Polkadot. Ethereum (ETH) This week, Ethereum has moved sideways with a modest 1.5% price increase. Bulls tried to take ETH above $3,900, but they were stopped despite the few attempts. It appears that the resistance at $4,000 will require more time to be broken. As long...
Shiba Inu Blasts Through Another Huge Milestone, What About SHIB’s Price? (Details)
Shiba Inu Blasts Through Another Huge Milestone, What About SHIB’s Price? (Details)
May 31, 2024
TL;DR Shiba Inus Shibarium hit a new milestone in terms of total blocks processed on the network. Additionally, SHIBs burn rate surged by 350%, aiming to reduce supply and potentially increase value. Shibarium Keeps Progressing Shiba Inus layer-2 scaling solution Shibarium made the headlines again after completing another major achievement. The latest data shows that the total blocks processed on...
USD/JPY Stuck Around 157.00 Ahead of US Inflation Data
USD/JPY Stuck Around 157.00 Ahead of US Inflation Data
May 31, 2024
USD/JPY Analysis, Sentiment and Chart Japanese Yen Prices, Charts, and Analysis Tokyo CPI rises to 2.2% in May.USD/JPY traders wait for US inflation data. Recommended by Nick Cawley Get Your Free JPY Forecast Tokyo Inflation Report Signals Rising Price Pressures in May The latest Tokyo inflation report, widely regarded as a leading indicator for national inflation trends, reveals increasing price...
Bitcoin (BTC) Stopped Ahead of $70K, Pepe (PEPE) Resumes Bull Run (Market Watch)
Bitcoin (BTC) Stopped Ahead of $70K, Pepe (PEPE) Resumes Bull Run (Market Watch)
May 31, 2024
Bitcoins price went on a volatile ride in the past 24 hours by dumping to $67,100 and later skyrocketing to almost $70,000 before it was stopped. The altcoins are with minor gains overnight, while Pepe has resumed its bullish trajectory with a 9% daily surge. BTCs Down and Up and Down Ride After a quiet weekend in which BTC stood...
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