Infosys, which has the highest Nifty weighting among locally listed technology companies, Thursday said fourth-quarter net profit climbed 30% on gains in non-core income, beating DStreet estimates. Revenue guidance for FY25, a key monitorable for investors, remained conspicuously circumspect, although India’s outsourcing bellwether announced its biggest M&A deal in history, committing nearly about half a billion dollars.Profit climbed to Rs 7,969 crore in the March quarter, beating ET’s poll of...
Israel's government has launched a new fund to encourage institutional investors to boost investments in high-tech companies, the Israel Innovation Authority said on Sunday. The tech sector is a key driver of Israel's economy, accounting for close to 20% of output, 12% of jobs, more than 50% of exports and 25% of tax income. The high-tech sector is a central and significant pillar of the Israeli economy, and we must ensure diversity in its sources of funding, said Finance Minister Bezalel...
By Josh Beckerman Robo-adviser Betterment agreed to buy Marcus Invest's digital investing accounts from Goldman Sachs, which will continue to focus on its
ARK Invest's Brett Winston is betting big on private tech companies for long-term gains.
Dogecoin is grabbing headlines and speculation from its wide community of investors after a recent whale accumulation from a crypto exchange. On-chain data shows an accumulation trend from this whale, with the latest being the acquisition of 300 million DOGE tokens worth $45 million at the current market price. These speculations have led to theories […]
GAMMA Investing LLC acquired a new position in Intel Co. (NASDAQ:INTC – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 26,772 shares of the chip maker’s stock, valued at approximately $1,345,000. Other large investors also recently modified their holdings […]
Investors are always looking for stocks that are poised to beat at earnings season and AGNC Investment Corp. AGNC may be one such company.
The company, which advises companies in property and construction, will use the investment to expand across Europe and grow its software business. : Tech consultancy Catalyst scores €3m investment
Gov. Maura Healey touted that her economic development proposal "goes big" on the burgeoning climate tech field with a $1 billion state investment, and said a study to be published later this week will show that it could result in a similarly significant economic return.
RedBird IMI struck a deal with the Barclay family - long-time Telegraph proprietors - last year to take over the news group, which also includes The Spectator magazine.
ABUJA, April 28 (Reuters) – Nigeria secured a $600 million investment in seaport infrastructure from Danish shipping company A.P. Moller-Maersk MAERSKb.CO, the presidency said in a statement on Sunday. The investment was secured during a meeting
In America, the Washington D.C., uniparty types like to make you think they are all for reining in big corporations in favor of the “little guy.” But in practice, it seems that across many industries, the practice of squeezing out competition via government subsidy or legislative or bureaucratic intervention is often carried out by legislators with a vested interest in the long-term success of their “donating constituency.”