CashNews.co Key Takeaways Nvidia’s market capitalization overtook Microsoft’s on Monday, making it the second-largest company in the world behind Apple. The semiconductor company and its partners are seeing robust demand for products to support artificial intelligence (AI). Analysts suggested Nvidia shares could still climb higher, given the strength of AI spending and seasonal tailwinds. Nvidia’s […]
CashNews.co Univest Financial Corporation SOUDERTON, Pa., Oct. 07, 2024 (GLOBE NEWSWIRE) — Univest Financial Corporation (Nasdaq: UVSP), parent company of Univest Bank and Trust Co. and its insurance, investment and equipment finance subsidiaries, announced it will host a conference call to discuss its third quarter 2024 earnings on Thursday, October 24, 2024 at 9:00 a.m. […]
CashNews.co In time for a fall homebuying season that could be busier than usual due to lower mortgage rates, Opendoor has made appointments to a pair of vital roles. The company announced that it has named Selim Freiha its chief financial officer, while Shrisha Radhakrishna assumes the title of chief technology and product officer. They’re […]
CashNews.co Navigating the challenges of AI adoption But despite the enormous potential of AI in finance, its adoption is not without challenges. One of the primary concerns is around ethical and responsible AI use. As Pradeep points out: “BFSI firms must establish guardrails to mitigate biases and ensure transparency in AI-driven outcomes”: particularly important in […]
CashNews.co Optinose, Inc. YARDLEY, Pa., Oct. 07, 2024 (GLOBE NEWSWIRE) — Optinose (NASDAQ:OPTN), a pharmaceutical company focused on patients treated by ear, nose and throat (ENT) and allergy specialists, today announced the appointment of Terry Kohler as Chief Financial Officer. Mr. Kohler was most recently the Chief Financial Officer for Verrica Pharmaceuticals, a dermatology therapeutics […]
CashNews.co Home Editor’s Letter A Cascade Effect On Interest rates VOL. 38 NO. 9 At Global Finance, generating the report cards for central bank governors has always been a complex and thorough project. Scoring more than 100 governors from very different economies and with such different mandates for their central banks is a complex task. […]
CashNews.co Liqueous LP DOVER, Del., Oct. 07, 2024 (GLOBE NEWSWIRE) — Liqueous LP, a leading multi-strategy fund, focused on leveraging emerging technologies to set a new industry standard for how micro, small, and mid-market issuers access growth capital, is pleased to announce a comprehensive $65 million financing program for Nuburu Inc. (NYSE American: BURU), a […]
CashNews.co With a user base of more than 94 million—larger than the population of Germany—GCash is arguably the most popular Filipino finance app. Launched in 2004, GCash began as an SMSbased money-transfer service catering to the Philippines’s large underbanked population. Users could deposit cash into their ewallets for a small transaction fee at convenience stores […]
CashNews.co In the office of the chief financial officer (CFO), determining what metrics matter—and how often to track them—is one of the most critical and challenging tasks of the job. “It’s really about finding the right balance between signal and overhead that lays the foundation of an effective finance function,” says Alex Wu, founder and […]
CashNews.co (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images The global financial landscape is undergoing a fundamental transformation, driven by rapid advancements in technology. In particular, the emergence of decentralized finance (DeFi) and Web3 technologies promises to break down traditional barriers to financial services, making them more accessible to […]