CEO Financial News

Bitcoin (BTC), the world’s largest cryptocurrency by market value, surged over 3% to reach $67,200 on Wednesday, its highest level since July, driven by investor enthusiasm and political developments in the US. "Market optimism was fueled by strong participation in Trump-backed WLFI tokens and anticipation of crypto-friendly regulations as the US presidential elections approach," said Edul Patel, CEO of Mudrex.

The Japanese entertainment giant Toho has reached an agreement to acquire the Oscar-winning animation outfit GKIDS, the companies said Tuesday

Mexican officials say companies have pledged $20 billion in new foreign direct investment in Mexico

Walgreens is planning to close around 1,200 locations, as the drugstore chain and its rivals struggle to define their role for U.S. shoppers who no longer look to them first for convenience

Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...

HCLTech garnered about a third of incremental demand from data and artificial intelligence (AI) verticals, helping India’s third largest software services provider post better-than-expected revenue — 6.7% higher from a year earlier — in the fiscal second quarter. Speaking to ET, CEO and managing director C Vijayakumar declined to elaborate on revenues earned from data and AI businesses. “It (data and AI revenues) is spread across different verticals, and every client situation is different, so I'm not able to quantify it. But I think at least a third of the (incremental) demand seems to be coming from AI and data, roughly,” he said. Announcing the September quarter results on Monday, the Noida-based company reported revenue of Rs 28,862 crore, up 6.7% from a year ago and 2.6% sequentially. Revenue surpassed the Rs 28,710 crore ET estimate for Q2. The company also raised its lower-end guidance for revenue growth to 3.5-5.0% from the earlier 3.0-5.0% for FY25.

Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.

Telsey Advisory Group CEO Dana Telsey gives her take on the retail industry and consumer behavior on ‘Barron’s Roundtable.’

Mao is the Editor for Partnerships and Sponsored Content at Cryptonews. With five years in the crypto industry, she collaborates with partners to bring the latest updates and insights to our readers.

Tata Chemicals, on Tuesday reported a 19.51 per cent growth in net profit during the quarter ending September 30 to Rs 98 crore compared to the same period in the previous financial year. The company's net profit stood at Rs 82 crore during the corresponding quarter of the previous fiscal year, Rallis India said in a regulatory filing. Revenue from operations of the company witnessed an 11.53 per cent growth during the second quarter of the current fiscal year at Rs 928 crore compared to Rs 832 crore a year ago.

The WNBA drew sellout crowds and unprecedented ratings in a transformational season

Subscribe to enjoy similar stories. Investors are shifting gears and giving stocks of traditional fast-moving consumer goods (FMCG) companies a miss. Instead, they seem to have taken a liking to retailers and new-age quick commerce platforms, which are redefining how consumers buy products and have become the new proxies for growth.

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Pashupati Advani, Founder, Global Foray, says long-term, Avenue Supermarts is a good place to be in and a well-run company and the promoter and the CEO have done very well and have made fantastic things that are making it happen. It is unfortunate that temporary blips have meant that brokerage houses have lowered their weights, but it is just a matter of time before it does well again. Advani also says that Avenue Supermarts is making a large amount of net profit now from non-food items in the sense of making money on garments and underwears and socks and all the other things, kind of like Costco and Walmart in the US. The financialisation theme is not a short-term theme, it is not a matter of a few months or even a few years at that. Definitely a long-term theme for India. With respect to that and the fact that the NSE IPO is expected to be around the corner, which are the names from the financial ancillary setup that you would recommend? Pashupati Advani: Obviously, because the NSE IPO is coming, then CDSL and BSE obviously would be participating because the NSE IPO is coming currently at a higher PE than the BSE one. People would look at BSE as a cheaper alternative and go for a convergence to mean. The bank index is doing well, and is being pulled up by HDFC Bank, which is a very large part of it.

Auto manufacturers competing to persuade drivers to go electric are rolling out cheaper, more tech-rich models at the Paris Motor Show

The second largest shareholder of Southwest Airlines is calling for special meeting of shareholders to vote on its slate of eight new directors, which would represent a majority of the struggling airline’s board

Stellantis is fixing its slowing U.S. sales at the right pace after fumbling a marketing plan earlier this year, CEO Carlos Tavares told reporters Monday

In this article

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...