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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.
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....
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...
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Top Midday Stories: Nvidia's Strong Earnings Drive Overall Market Gains;
Top Midday Stories: Nvidia's Strong Earnings Drive Overall Market Gains;
Nov 20, 2025
11:32 AM EST, 11/20/2025 (MT Newswires) -- All three major US stock indexes were up in late-morning trading after Nvidia ( NVDA ) reported strong earnings late Wednesday afternoon. The September employment report showed nonfarm payrolls rose by 119,000, solidly above the 51,000-job increase expected in a survey compile by Bloomberg as of 7:35 a.m. August payrolls were revised downward...
US Equity Indexes Lose Steam in Midday Trading
US Equity Indexes Lose Steam in Midday Trading
Nov 20, 2025
12:17 PM EST, 11/20/2025 (MT Newswires) -- US equity indexes fell in Thursday's midday trading, giving up all gains following a blockbuster earnings report from Nvidia ( NVDA ) overnight. The Nasdaq Composite fell 0.3% to 22,512.1, with the S&P 500 down 0.2% to 6,627.2 and the Dow Jones Industrial Average 0.1% lower at 46,070.3. Technology and industrials led the...
Walmart bumps up outlook ahead of holidays, plans listing switch to Nasdaq
Walmart bumps up outlook ahead of holidays, plans listing switch to Nasdaq
Nov 20, 2025
* U.S. comparable sales up 4.5%, beating 3.8% estimates * Adjusted earnings 62c/share; revenue up 5.8% to $179.5 billion * Wealthier consumers drive growth in delivery, general merchandise * Walmart ( WMT ) to shift listing to Nasdaq from NYSE on Dec 9 * Raises full-year net sales and earnings forecasts * Shares rise 5.9% in morning trading By Juveria...
US STOCKS-Wall Street ticks higher after Nvidia results, jobs data
US STOCKS-Wall Street ticks higher after Nvidia results, jobs data
Nov 20, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Indexes up: Dow 0.66%, S&P 0.86% and Nasdaq 1.07% * Chip and AI stocks gain on Nvidia ( NVDA ) results * September NFP at +119,000 vs +50,000 estimate * Walmart ( WMT ) up after raising annual forecast...
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Exploring The Competitive Space: NVIDIA Versus Industry Peers In Semiconductors & Semiconductor Equipment
Exploring The Competitive Space: NVIDIA Versus Industry Peers In Semiconductors & Semiconductor Equipment
May 24, 2024
In today's rapidly changing and fiercely competitive business landscape, it is essential for investors and industry enthusiasts to thoroughly analyze companies. In this article, we will conduct a comprehensive industry comparison, evaluating NVIDIA ( NVDA ) against its key competitors in the Semiconductors & Semiconductor Equipment industry. By examining key financial metrics, market position, and growth prospects, we aim to...
Unpacking the Latest Options Trading Trends in Lam Research
Unpacking the Latest Options Trading Trends in Lam Research
May 24, 2024
High-rolling investors have positioned themselves bearish on Lam Research ( LRCX ) , and it's important for retail traders to take note. This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in LRCX often signals that someone has privileged information. Today, Benzinga's...
Redcentric says in talks for sale to Milan-listed Wiit
Redcentric says in talks for sale to Milan-listed Wiit
May 24, 2024
(Recasts with company confirmation of sale process) By Amy-Jo Crowley LONDON, May 24 (Reuters) - British IT services group Redcentric is in the early stages of talks over a sale of the company to Milan-listed Wiit SpA, it said on Friday. The news followed a Reuters report that it was working with investment bank Lazard ( LAZ ) on an...
Decoding ASML Holding's Options Activity: What's the Big Picture?
Decoding ASML Holding's Options Activity: What's the Big Picture?
May 24, 2024
High-rolling investors have positioned themselves bullish on ASML Holding ( ASML ) , and it's important for retail traders to take note. This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in ASML ( ASML ) often signals that someone has privileged...
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Maple Leaf Foods beats Q2 revenue expectations, raises FY outlook
Maple Leaf Foods beats Q2 revenue expectations, raises FY outlook
Aug 7, 2025
Overview * Maple Leaf Foods ( MLFNF ) Q2 revenue grows 8.5%, beating analysts' expectations * Adjusted EPS for Q2 beats consensus, driven by improved profitability * Co raises fiscal 2025 revenue, adjusted EBITDA outlook Outlook * Maple Leaf Foods ( MLFNF ) expects 2025 revenue growth in mid-single-digit range * Company forecasts 2025 adjusted EBITDA between C$680 mln and...
ING Comments on Euro, Swiss Franc, Sterling, Czech Republic's Koruna
ING Comments on Euro, Swiss Franc, Sterling, Czech Republic's Koruna
Aug 7, 2025
06:09 AM EDT, 08/07/2025 (MT Newswires) -- United States President Donald Trump's optimism on a possible Ukraine-Russia truce is likely feeding into euro strength, which stands in complete opposition to the US dollar on the matter, said ING. Should a truce become a more tangible prospect, EUR/USD and EUR/CHF are expected to serve as the primary channels for euro appreciation,...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Trump Proposes 100% Tariff on Chip Imports With Exemptions for US Investors
Trump Proposes 100% Tariff on Chip Imports With Exemptions for US Investors
Aug 7, 2025
06:09 AM EDT, 08/07/2025 (MT Newswires) -- US President Donald Trump on Wednesday proposed a 100% tariff on semiconductor imports while offering exemptions to companies that invest in domestic manufacturing, according to media reports. The US president announced the plan from the Oval Office alongside Apple ( AAPL ) chief executive officer Tim Cook who pledged $100 billion to expand...
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Shiba Inu (SHIB) Explodes 13% Overnight but Rival Meme Coin Outperforms
Shiba Inu (SHIB) Explodes 13% Overnight but Rival Meme Coin Outperforms
Mar 18, 2024
Meme coins are back at it with significant gains throughout the past 24 hours. The market is recovering, in general, but some meme coins are undoubtedly performing better than the rest. Shiba Inu (SHIB) is up a whopping 13% over the past 24 hours, trading at slightly below $0.0003. The cryptocurrency remains down some 10% on the weekly chart, outlining...
Will Bitcoin Enter The Danger Zone as Fed Rate Decision Looms ?
Will Bitcoin Enter The Danger Zone as Fed Rate Decision Looms ?
Mar 18, 2024
“Its officially Fed week, the week weve all been waiting for,” exclaimed macroeconomics outlet The Kobeissi Letter on March 17. The US Central Bank will make its highly anticipated announcement on March 20, which will set the tone for the USs economic outlook going forward. Key Events This Week: 1. Housing Starts data Tuesday 2. Fed Interest Rate Decision Wednesday...
​​​​​FTSE 100 Drops Back from Eight
​​​​​FTSE 100 Drops Back from Eight
Mar 15, 2024
FTSE 100, Dow Jones, Nasdaq 100 Daily Price and Charts ​​​FTSE 100 retreats from a ten-month high ​Wednesday saw the price reach its highest level in ten months, but a reversal on Thursday might suggest that more declines are in store, at least towards the 50-day simple moving average. ​Below this lies 7600, where buying pressure appeared in the second...
US SEC Charges 17 in $300M Crypto Ponzi Scheme
US SEC Charges 17 in $300M Crypto Ponzi Scheme
Mar 18, 2024
The United States Securities and Exchange Commission (SEC) has charged 17 individuals for allegedly perpetrating a cryptocurrency Ponzi scheme that defrauded thousands of Latino investors in the country for approximately $300 million. According to an official release from the regulator, the alleged fraudsters operated under a company named CryptoFX LLC, which is based in Houston, Texas. SEC Charges 17 For...
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