Elastic Stock Soars 29%. Here’s Why.
Elastic Stock Soars 29%. Here’s Why.
Business News
Business News
How good is the Gladiator II movie? Here’s what the betting markets predict
Kalshi co-founder and CEO Tarek Mansour reacts to the FBIs raid on Polymarket and talks election betting on The Claman Countdown. “Gladiator II” is hitting theaters in the U.S. on Friday, and traders are placing their bets on how well the sequel to the 2000 Hollywood blockbuster “Gladiator” might do at the box office and … Read more
Swiss National Bank chief stresses tackling inflation as main goal By Reuters
ZURICH (Reuters) – The Swiss National Bank will continue to target low inflation as the touchstone of its monetary policy, Chairman Martin Schlegel said on Friday, underlining continuity with predecessor Thomas Jordan who stepped down in September. Schlegel stressed keeping inflation within a range of 0-2% – which the central bank calls price stability – … Read more
Gatwick airport south terminal evacuated after suspected banned item found
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The south terminal of London’s Gatwick airport has been evacuated following the discovery of a suspected banned item. The British Army’s Explosive Ordnance Disposal unit was deployed on Friday morning after the item was found … Read more
How CFOs can avoid the ‘innovator’s dilemma’
Good morning. It can be challenging for companies to stay ahead in a hyper-competitive market. But prioritizing innovation can make all the difference. That was the topic of Fortune’s Emerging CFO virtual event on Wednesday, presented in partnership with Workday (a CFO Daily sponsor). David Duncan, advisor, speaker, and author of “The Secret Lives of … Read more
Swan Energy subsidiaries Reliance Naval and Triumph Offshore to merge
Swan Energy on Friday announced that its subsidiaries, Reliance Naval and Engineering and Triumph Offshore, will merge. Under the proposed deal, Triumph Offshore will merge into Reliance Naval and Engineering. Triumph Offshore is a wholly owned subsidiary of Swan Energy, while Reliance Naval is a step-down subsidiary. The scheme requires approval from the Ahmedabad bench … Read more
Intuit Stock Falls on Weaker Guidance; CEO Downplays Fears of Free U.S. Tax App
Intuit Stock Falls on Weaker Guidance; CEO Downplays Fears of Free U.S. Tax App
Cato suspends quarterly dividend (NYSE:CATO)
Cato Corporation (NYSE:CATO) has suspended its regular quarterly dividend, in light of the current economic conditions and current sales trends. Shares fell 7% premarket on Friday in reaction. The company incurred a loss of $0.79 per share in the third quarter on revenue of $146.17M that fell 7.6% Y/Y. It last paid dividend of $0.17/share in September.
McLaren’s Zak Brown, Mastercard’s Raja Rajamannar tout partnership ahead of Las Vegas Grand Prix
McLaren Racing CEO and Mastercard executive Raja Rajamannar talk partnership ahead of Las Vegas Grand Prix. McLaren Racing Formula 1 Team and Mastercard officially launched their partnership on Thursday ahead of practice for the 2024 Las Vegas Grand Prix. McLaren Racing CEO Zak Brown and Mastercard chief marketing and communications officer Raja Rajamannar hosted several … Read more