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news-29072024-140715

Elanco’s Growth Outlook: 6 Blockbusters Drive Solid Performance

Elanco Animal Health is on track for significant growth with the expectation of launching six potential blockbusters between 2023-2025. These new products are projected to drive revenue growth and enhance the company's product mix....
news-29072024-140234

Top Altcoins to Watch in a Growing Crypto Market: Santiment’s Picks

Santiment, a crypto analytics firm, has identified some promising altcoins in the growing digital asset market. They use a metric called market value-to-realized-value (MVRV) Z-score to determine whether an asset is undervalued or overvalued....
news-29072024-140201

Kennet Closes €266M Fund VI for Tech Investments

Kennet, a growth equity firm based in London, has recently closed a €266 million fund called Kennet VI. This fund is specifically targeted towards investments in capital efficient B2B SaaS companies across Europe. Some...
news-29072024-140120

Is Tesla’s Innovation Sustainable? Analysts Weigh In

Tesla is set to release its second-quarter earnings on Tuesday, July 23, after the market closes. Analysts are divided on whether the company's innovation is sustainable in the long run. Craig Irwin, a senior...
news-29072024-140013

BEL reports 50% jump in Q1 net profit, stock surges 4%

Bharat Electronics Ltd., a Navratna defence PSU, saw a significant increase in its net profit for the first quarter of the financial year. The company reported a 46% year-on-year growth in net profit, reaching...
news-29072024-135935

CO2-Made Non-Dairy Butter: Eco-Friendly Alternative for a Sustainable Planet

Be it grass-fed or standard butter, that same stick of buttery goodness you use to enrich your morning pancakes or fluff up your baked goods has a dark side where the environment is concerned....
news-29072024-135902

Vanguard Group Inc. Holds $374.71M in Alight, Inc. Stock (NYSE: ALIT)

Vanguard Group Inc. has increased its stake in Alight, Inc. (NYSE: ALIT) by 8.1% in the first quarter, according to the latest 13F filing with the Securities and Exchange Commission (SEC). The firm now...
news-29072024-135817

SDAIA’s Riyadh Data Center Initiatives: A Closer Look

Saudi Arabia's data and artificial intelligence authority, SDAIA, has recently made significant strides in expanding data center projects in Riyadh, the capital city of the Kingdom. Dr. Abdullah Al-Ghamdi, the President of SDAIA, unveiled...
news-29072024-135739

BEAD Grant Application Process Update: Status and Progress

We are currently in the middle of the process to distribute $42.5 billion of government funds to companies that will win Broadband Equity, Access, and Deployment (BEAD) funds. To provide an update on the...
news-29072024-135704

UBS Reiterates Sell on Tesla; AI Optionality Impact

UBS has reiterated its sell rating on Tesla, citing concerns about the impact of AI optionality. The firm believes that Tesla's current valuation does not fully account for the potential risks associated with the...