CashNews.co Nvidia (NVDA) shares have retreated from its record high. The sell-off was triggered by the surprise rout in chip player ASML (ASML), which shocked investors this week by offering a weak outlook. The company cited softening demand for non-AI applications. But drilling deeper, all indications are that demand for Nvidia’s new Blackwell chip remains […]
Nvidia is set to dominate another Big Tech earnings season #NewsUnitedStates
CashNews.co We’re rolling into what is expected to be another wild tech earnings season, and you can bet AI is going to be front and center. And if there’s one company that everyone is watching, it’s Nvidia (NVDA). Shares of the chip giant are up more than 16% in the last month, and the stock […]
Names William Phelan as Chief Financial Officer and Chief Accounting Officer #NewsUnitedStates
CashNews.co ROANOKE, Va., October 16, 2024–(BUSINESS WIRE)–Luna Innovations Incorporated (NASDAQ: LUNA), a global leader in advanced fiber optic-based technology, today announced the appointment of William L. Phelan as its new Chief Financial Officer and Chief Accounting Officer, effective immediately. Mr. Phelan succeeds John Roiko, who joined Luna out of retirement in May 2024 and played […]
Sturm, Ruger & Company, Inc. to Report Third Quarter 2024 Financial Results on Wednesday, October 30 #NewsUnitedStates
CashNews.co SOUTHPORT, Conn., October 16, 2024–(BUSINESS WIRE)–Sturm, Ruger & Company, Inc. (NYSE-RGR) will announce its financial results for the third quarter 2024 and file its Quarterly Report on Form 10-Q on Wednesday, October 30, 2024, after the close of the stock market. On Thursday, October 31, 2024, Sturm, Ruger will host a webcast at 9:00 […]
Housing Finance Corporation Loophole Criticized in Texas #NewsUnitedStates
CashNews.co Texas’ multifamily syndicators are exploiting a loophole in one of the state’s housing programs as a way to salvage underperforming real estate projects. With rising interest rates, flat rent growth, and sky-high property taxes making many projects unviable, housing finance corporations have become an essential tool for developers trying to turn a profit on […]
Statewide Republicans outraise, outspend opponents in latest campaign finance filings • Indiana Capital Chronicle #NewsUnitedStates
CashNews.co In the third quarter of 2024, Indiana’s Republican statewide candidates outraised their Democratic opponents in the latest campaign finance reports filed with the Indiana Secretary of State’s office. However, both Democrats in the governor’s and attorney general’s races reported more individual donations than Republican contenders between July 1 and Sept. 30 of this year. […]
Dogness Reports Financial Results for Fiscal Year Ended June 30, 2024 #NewsUnitedStates
CashNews.co PLANO, Texas, Oct. 16, 2024 /PRNewswire/ — Dogness (International) Corporation (“Dogness” or the “Company”) (NASDAQ: DOGZ), a developer and manufacturer of a comprehensive line of Dogness-branded, OEM and private label pet products, today announced its financial results for the fiscal year ended June 30, 2024. Logo (PRNewsfoto/Dogness International Corporation) Silong Chen, Chief Executive Officer […]
City, former finance director settle case with SEC #NewsUnitedStates
CashNews.co The city of Rochester has resolved its case with the Securities and Exchange Commission. The lawsuit against the city and its former finance director, Rosalind Brooks-Harris, is now closed. In 2022, the SEC charged the city, Brooks-Harris and Everton Sewell, former chief financial officer of the Rochester City School District, with misleading investors in […]
City of Oakland: Officials say next week’s finance meeting may detail possible budget cuts #NewsUnitedStates
CashNews.co OAKLAND, Calif. (KGO) — “The coliseum sale is not the silver bullet to a decades old, fiscal issues that we have here in the City of Oakland. That’s an issue that is decades old. What it will help, is soften the landing,” says Oakland Mayor Sheng Thao, who answered questions ABC7’s Midday Live. The […]
Investment banking surge at Morgan Stanley solidifies Wall Street revival #NewsUnitedStates
CashNews.co An investment banking surge at Morgan Stanley (MS) solidified a dealmaking revival across Wall Street, as the firm’s profits in the third quarter exceeded analyst expectations. Fees from investment banking jumped 56% from a year ago, the largest leap among big banks, to nearly $1.4 billion. The pick-up in investment banking and an increase […]