FINANCE - Page 2

In the Finance category, you can find the latest news, reports, research and articles on the finance industry.

6 December, 2023 - 1:37 pm (13 hours ago)

SentinelOne’s Q3 earnings surpass expectations, propelling stock surge

SentinelOne Inc., a prominent player in the cybersecurity realm, has reported remarkable financial performance for its fiscal third quarter. The company’s earnings and revenue not only surpassed Wall Street estimates but also

FINANCE

Nio and Rivian’s Turbulent Journey Towards Electric Vehicle Dominance

Nio, a Shanghai-based electric vehicle (EV) maker, embarked on a financial rollercoaster since its initial public offering (IPO) in September 2018. The company, which raised $1 billion through the sale of American Depositary Receipts (ADRs), has experienced significant fluctuations in

5 December, 2023 - 1:22 pm (2 days ago)

Tokyo Exchange spurs corporate strategy shifts

FINANCE

The Tokyo Stock Exchange’s push for improved capital efficiency is prompting significant strategic shifts among Japanese companies, as highlighted by Mizuho Financial Group’s trust

Kognitos Raises $20 Million in Series A Funding

FINANCE·STARTUPS

Kognitos Inc., a startup revolutionizing task automation, recently completed a successful Series A funding round, raising $20 million. Led by Khosla Ventures, this round

Retail Sales in China Increased by 7.6% Yoy, Exceeding the Growth Forecast of 7%

15 November, 2023 - 2:11 pm (22 days ago)

FINANCE

In a surprising turn of events, China’s economic landscape in October showcased a complex mix of rising retail sales and industrial output amidst a continuing real estate sector downturn. Contrary to expectations,

Zelle to Reimburse Victims of Imposter Scam

14 November, 2023 - 9:44 am (23 days ago)

FINANCE

In a remarkable policy shift, Zelle, the popular payment processing platform, has begun reimbursing victims of imposter scams. This significant change, effective from June 30 this year, marks a departure from the

Auto Giants Struggle with Electric Vehicle Adoption and Financial Woes

13 November, 2023 - 3:15 pm (23 days ago)

FINANCE

The automobile sector is currently facing a significant upheaval, with major players like Ford and Lucid grappling with challenges around electric vehicles (EVs) and financial stability. This struggle is reshaping the industry

Sky High Tourism and Disney’s Strategic Pivot Fuel Economic Drama

10 November, 2023 - 2:02 pm (27 days ago)

FINANCE

In an unexpected twist, the skies have become a playground for the affluent, with Virgin Galactic‘s latest earnings report revealing a surge in revenue and a narrower loss per share than anticipated.

Upstart Tanks, Apple Mixed as Tech Faces Challenges

9 November, 2023 - 8:58 pm (27 days ago)

FINANCE

Upstart Holdings Inc., a consumer lending platform that uses artificial intelligence to assess borrowers’ creditworthiness, reported third-quarter earnings results that fell short of analyst expectations. The company’s revenue of $134.6 million missed

Alteryx Triumphs but Peloton Struggles in Market Turbulence

8 November, 2023 - 6:42 pm (28 days ago)

FINANCE

The tech landscape has witnessed a dramatic shift as Alteryx Inc. carves its path to profitability, demonstrating resilience in a fluctuating market. Despite an initial plunge in stock prices following its first-quarter

Rivian Signals Upward Trajectory with Q3 Highlights

8 November, 2023 - 4:36 pm (28 days ago)

FINANCE

Rivian Automotive‘s third quarter painted a promising picture as the electric vehicle maker delivered a performance that exceeded Wall Street‘s forecasts, signaling a positive shift in its operational trajectory. The company announced

Datadog’s Performance Surges on Strong Q3 Results and Elevating Market Confidence

8 November, 2023 - 3:38 pm (28 days ago)

Cybersecurity·FINANCE

Datadog Inc., the cloud-scale monitoring and analytics platform, has become a highlight in the tech sector with its latest financial revelations. Exceeding market expectations, the New York-based company reported a 25% increase

Dish Network Reports Losses, Shifts Focus to 5G Future

7 November, 2023 - 5:34 pm (29 days ago)

FINANCE

Dish Network Corp. faces a challenging quarter as it reports a significant drop in earnings and revenues, diverging from Wall Street’s expectations. The satellite provider disclosed a loss per share of $0.26,

Buffett’s Blue-Chip Anchors and the Allure of Undervalued Stocks

6 November, 2023 - 12:59 pm (31 days ago)

FINANCE

In the tapestry of the investment world, Warren Buffett’s Berkshire Hathaway stands as a testament to the power of strategic, long-term investing. With a penchant for comprehensible and dividend-paying ventures, Buffett’s portfolio

Challenging Times for Corporate Giants: Domino’s and CVS Navigate Through Economic Strain

6 November, 2023 - 12:35 pm (31 days ago)

FINANCE

In the realm of fast food, Domino’s Pizza stands as a colossus with a global presence that has seen an exponential rise from its humble beginnings in 1960. This pizzeria powerhouse, once

Roku’s Revenue Rise, Disney’s Struggle, and Insider Confidence Surge

3 November, 2023 - 7:02 pm (33 days ago)

FINANCE

With a focus on the dynamic shifts within various sectors, this news compilation delves into the latest developments, ranging from Roku’s financial turnaround to Disney’s challenges and insider trading activities in major

Apple Defies Hardware Slowdown with Record Service Revenue Growth

3 November, 2023 - 10:50 am (34 days ago)

FINANCE·TECHNOLOGY

Apple Inc. has navigated through a perplexing fiscal quarter with a dichotomy of outcomes: a record-setting spike in service revenues juxtaposed with a palpable hardware downturn. Despite the iPhone and Services divisions

Intuit’s Financial App Mint to Cease; Users Directed to Credit Karma

3 November, 2023 - 9:41 am (34 days ago)

FINANCE·TECHNOLOGY

In an unforeseen financial technology shift, Intuit has declared the forthcoming closure of its esteemed budgeting application, Mint. Having garnered a robust user base of 3.6 million active accounts as reported in

Southeast Asia’s Digital Economy Thrives with $218 Billion Surge Despite Investment Retreat

1 November, 2023 - 2:49 pm (36 days ago)

FINANCE

Southeast Asia’s digital economy is proving its resilience, reaching a projected $218 billion in transaction value this year despite a slump in private funding, according to a report co-published by Google, Temasek,

Citadel’s Ken Griffin Flies More Than 1,200 Employees to Tokyo Disneyland

31 October, 2023 - 6:02 pm (36 days ago)

FINANCE

In an extravagant gesture of appreciation, Citadel’s Ken Griffin flew over 1,200 employees and their families to Tokyo Disneyland, celebrating the company’s 30th and 20th anniversaries with a Maroon 5 concert and

Wall Street and the US Auto Industry Winds: Impact of Goldman Sachs and UAW Strike on the Economy

30 October, 2023 - 1:14 pm (38 days ago)

FINANCE

Founded in a one-room basement office by Marcus Goldman in 1869, Goldman Sachs ascended to the pinnacle of Wall Street, establishing a wide network of offices across the United States by 1920.

Thursday’s Financial Arena: Meta’s Innovations, Amazon’s Prospects and Market Volatility

26 October, 2023 - 6:51 pm (41 days ago)

FINANCE

With 73 earnings reports scheduled for release on Thursday afternoon, financial analysts and investors are keeping their eyes peeled. Among the firms reporting, Amazon, Ford, Intel, and U.S. Steel remain the most

How SenseTime’s Goals Are Overshadowed by Global AI Ethics Concerns?

25 October, 2023 - 4:45 pm (42 days ago)

AI·FINANCE·TECHNOLOGY

SenseTime, an AI trailblazer from China, has been navigating the intricate landscape of U.S. government export controls. This minefield has hindered giants like Nvidia from offloading crucial chips to Chinese firms, putting

Predibase’s AI Advancements Shine as Alphabet Faces Cloud Challenges

25 October, 2023 - 4:14 pm (42 days ago)

FINANCE·AI·TECHNOLOGY

Predibase Inc., a rising low-code machine learning development startup, has introduced a software development kit (SDK) set to revolutionize the way developers train large language models (LLMs). Predibase emphasizes ease of use

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