04:27 PM EDT, 08/26/2024 (MT Newswires) -- Jeffrey T Diehl, Director, on August 22, 2024, sold 54,502 shares in Q2 Holdings ( QTWO ) for $4,029,690. Following the Form 4 filing with the SEC, Diehl has control over a total of 470,226 shares of the company, with 44,519 shares held directly and 425,707 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1410384/000141038424000172/xslF345X05/wk-form4_1724703820.xml Price: 74.30,...

SHANGHAI/Beijing (Reuters) - E-commerce retailer JD.com ( JD ) needs to convince investors of its relevance amid a stagnant Chinese e-commerce market, aggressive price war and now, the departure of Walmart ( WMT ), its biggest shareholder. Walmart ( WMT ) announced this week a full exit from the Beijing-based e-commerce platform, selling off its $3.74 billion stake, which triggered...

The food industry is ripe for consolidation now that the Federal Reserve is expected to cut interest rates in September. According to Kevin Dreyer, co-CIO of Value at Gabelli Funds, lower rates generally stimulate M&A activity. One thing to note is that, as rates come down, that tends to lead to an upswing in M&A activity, Dreyer told CNBC on...

(Reuters) - The benefits of California's revised bill that seeks to regulate how artificial intelligence is developed and deployed in the state likely outweigh the costs, Anthropic said on Thursday. San Francisco-based Anthropic is a rival to ChatGPT-maker OpenAI and is backed by Amazon ( AMZN ) and Alphabet. California's proposed bill on AI regulation, SB 1047, advanced by State...