May 28, 2024
Finance

Wall Street drifts in quiet trading after returning from 3-day weekend

U.S. stock indexes are drifting near their record heights after Wall Street returned from a three-day weekend. The S&P 500 was up 0.1% early Tuesday and just below its record set last week. The Dow Jones Industrial Average was down 111 points, and the Nasdaq composite was up 0.4% after setting its latest all-time high.

Read More
Finance

Achieves $16.4 Million in Total Revenue and Marks First EBITDA-Positive Quarter

Entourage Health Corp. Entourage’s solid financial performance entering 2024 underscores its positive trajectory and positions the Company for continued success in upcoming quarters Total revenue of $16.4 million represents a 9% increase year-over-year and a 23% sequential increase from Q4 2023. Gross profit before fair value changes improved by 92% year-over-year, leading to a record

Read More
Finance

Nashville bank partners with Healing Trust to finance homebuyers, small businesses

The partnership comes after a similar investment from the Titans Foundation to award loans to small businesses and housing developers. Citizens Bank’s mission is to expand financial services to low-income and marginalized communities. Nashville’s Citizens Bank, a Black-owned bank with a far-reaching legacy, announced a strategic partnership with The Healing Trust to offer $2 million

Read More
Finance

Market to Grow by 33.5% to Reach $2.7 Billion this Year Before Reaching $7.85 Billion by 2029

Company Logo Singaporean Embedded Finance Business and Investment Opportunities Market Singaporean Embedded Finance Business and Investment Opportunities Market Dublin, May 28, 2024 (GLOBE NEWSWIRE) — The “Singapore Embedded Finance Business and Investment Opportunities Databook – 75+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments – Q1 2024 Update” report has been added to ResearchAndMarkets.com’s

Read More
Finance

Bajaj Finance share price Today Live Updates : Bajaj Finance Stock Gains in Today’s Trading

Bajaj Finance Share Price Today Live Updates : On the last day of trading, Bajaj Finance opened at ₹6865, closed at ₹6838.25 with a high of ₹6956.5 and a low of ₹6811. The market capitalization was ₹426,289.55 crore. The 52-week high was ₹8190 and the 52-week low was ₹6190. The BSE volume for the day

Read More
Finance

China Chipmakers Catching Up Fast in AI, SenseTime’s Xu Says

(Bloomberg) — China’s domestic AI chipmakers are making fast progress in closing the gap on international leaders, according to SenseTime Group Inc. co-founder Xu Bing. Most Read from Bloomberg Asia has a shortage of computation power for artificial intelligence, lagging significantly behind the US, but China has the talent and data to make up lost

Read More
Finance

New Zealand tightens some home loan rules

By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s central bank on Tuesday introduced limits on how much housing finance lenders can provide for borrowers who want to take on a high amount of debt relative to their incomes. The new rules come as policymakers seek to reduce default risk in New Zealand’s housing market, which

Read More
Finance

TrustBIX Inc. Announces March 31, 2024 Second Quarter Financial Results

Edmonton, Alberta–(Newsfile Corp. – May 27, 2024) – TrustBIX Inc. (TSXV: TBIX) (“TrustBIX” or the “Company”) announced today financial results for the second quarter ended March 31, 2024, and the related Management’s Discussion and Analysis (MD&A). “We continue to focus on ViewTrak and Alberta Food Security (“AFSI”). The ViewTrak team has been very busy assisting customers

Read More
Finance

How SaaS can transform public sector HR and finance systems

Implementing and running HR and finance systems has long been challenging for public sector organisations. Fortunately, providers of cloud-based SaaS HR and finance systems are changing the game by leveraging data and technologies such as AI and ML to help organisations overcome obstacles and achieve success. Traditional HR and finance systems typically required extensive customisation,

Read More
Finance

Mene Inc. Reports Financial Results for the First Quarter 2024

TORONTO, May 27, 2024–(BUSINESS WIRE)–Menē Inc. (TSX-V:MENE) (US:MENEF) (“Menē” or the “Company”), an online 24 karat jewelry brand, today announced financial results for the first quarter ended March 31, 2024. All amounts expressed herein reflect Canadian dollars unless otherwise noted. FINANCIAL HIGHLIGHTS IFRS Revenue of $4.8 million, a decrease of $2.3 million (32%) Year-over-Year (“YoY”).

Read More