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Resilient Consumers Lift Five Below’s Results as Transactions Surge 8.7%
Five Below’s second quarter results spotlighted a resilient consumer, as comparable sales surged 12.4% year over year. Management noted during commentary with analysts that transactions and ticket s...
Baltimore Loses Over $803,000 to Fraud Involving Vendor Payments
The City of Baltimore lost over $803,000 when a fraudster diverted two of the city’s electronic fund transfer (ETF) payments intended for a vendor to another bank account. One payment val...
Auditoria.AI adds New AI Agent for Financial Planning and Analysis
Auditoria.AI said Wednesday (Aug. 27) that it enhanced its intelligent applications for corporate finance during the first half of the year by adding a new artificial intelligence (AI) agent and by fo...
Nasdaq-listed KindlyMD to raise $5B via equity to buy Bitcoin
KindlyMD, a Nasdaq-traded health-care firm that recently merged with bitcoin treasury company Nakamoto, said it plans to raise as much as $5 billion in equity to expand its Bitcoin (BTC) reserves. The...
Investment advisors drive 388,301 ETH surge in institutional ETF adoption during Q2
Institutional investors increased their Ethereum (ETH) exposure via exchange-traded funds (ETFs) by 388,301 ETH in the second quarter, with investment advisors commanding the largest share of adoption...
Google Cloud Says Blockchain Offers ‘Credibly Neutral’ Platform for Financial Institutions
Google’s Layer 1 blockchain will provide a neutral infrastructure layer for use by financial institutions, Google Cloud Head of Strategy, Web3 Rich Widmann said Tuesday (Aug. 26). Writing...
Senator Wyden Slams U.S. Judiciary For Incompetent, Nontransparent Cybersecurity Practices
Late last year, eight major U.S. telecoms were the victim of a massive intrusion by Chinese hackers who managed to spy on public U.S. officials for more than a year. The “Salt Typhoon” hack was...
JPMorgan’s $500 Million Bet Fuels 130% Surge for NMR
Numeraire (NMR), the native token of decentralized hedge fund platform Numerai, rallied more than 130% in the past week....
Google Cloud builds neutral layer-1 blockchain in biggest threat to Swift yet
Google Cloud has taken its first major step into blockchain infrastructure development with the launch of the Google Cloud Universal Ledger (GCUL), a Layer 1 network designed to support faster payment...
IBM and AMD collaboration seeks open source quantum future
IBM and AMD have announced a partnership to jointly develop next-generation computing architectures. These architectures will integrate IBM’s quantum systems with AMD’s AI-specialized chips. This ...
Newswire > Tag: management
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