Author: Lucas

Shares of Veritone, Inc. (NASDAQ:VERI) are falling Thursday after the California-based company announced an equity offering.What To Know: Veritone, which builds AI tools for enterprise companies, entered into a definitive agreement to offer and sell approximately 12.86 million shares of its common stock at $5.83 per share. Veritone’s stock was down more than 18% following the news, according to Benzinga Pro.The company anticipates gross proceeds of $75 million from the offering. Net proceeds are expected to be used for working capital and general corporate purposes. The common stock offering is expected to close on Friday. Veritone had approximately $13.57 million…

TOKYO :Japan’s Kawasaki Heavy Industries is in talks to co-develop new engines for Germany’s Taurus cruise missiles, two sources familiar with the matter said, another potentially significant step in Tokyo’s retreat from decades of pacifism.The Japanese contractor signed a memorandum of understanding on the project on the sidelines of a defence show in Tokyo in May, said the sources, speaking on condition of anonymity due to the sensitivity of the issue.Kawasaki declined to comment. A spokesperson for European defence company MBDA, which builds the weapon, said it was not able to provide any comment on the matter at this time.…

John Stewart, Founding and Managing Partner of MiddleGround Capital.Automation has been making manufacturing more productive, cost-efficient, competitive and safe since the first Industrial Revolution. Today, tariff policies, the shift toward onshoring and reshoring, and the limited labor supply provide even more reasons for U.S. industrial manufacturers to adopt automated solutions—including intelligent interconnected systems or “Industry 4.0” solutions. Industry executives and investors alike should view automation as an essential tool for positioning businesses for long-term success and enhancing value.Help Wanted: 3.8 Million Manufacturing WorkersFor American manufacturers, investing in automation isn’t an option—it is a need. The manufacturing workforce deficit is growing…

Available for over a yearRecord high gold prices have us looking at the science of inflation, why gold is leaking from volcanoes, and entomologist Katy Price explains why shiny gold can be a good color for camoflague. Plus the dark science going on in a gold mine, whether we can move at the speed of light, and the debate around golden rice. All that, plus more unexpected elements. Presenter: Marnie Chesterton Producers: Alice Lipscombe-Southwell, with Margaret Sessa-Hawkins, Robbie Wojciechowski and Lucy Davies.Programme WebsiteShow less Source link

Key insight: Commercial real estate loan exposure has been a headache for many banks in recent years, as office property values flailed and interest rates rapidly rose in 2022 and 2023.Supporting data: The bank’s approval rates for commercial real estate loans have doubled compared with recent quarters, said the company’s chief financial officer.Forward look: M&T is eyeing a potential turning point in the first quarter of 2026, anticipating that CRE loan growth will resume around that time.M&T Bank may finally stop pruning its commercial real estate loan book in the new year, making way for loan growth that has long…

Money expert Martin Lewis has gone on record to warn Chancellor Rachel Reeves that any plan to cut Cash ISA limits down to £10,000 ‘isn’t going to work’.The Money Saving Expert founder took to his Martin Lewis Podcast with a fresh episode on Thursday, October 16 where he addressed mounting speculation that Labour will cut Cash ISA limits in half in its upcoming Autumn Budget next month.The aim according to the government, Martin set out, is to encourage investing by keeping the overall £20,000 limit but only allowing half of that to be held in cash and instead pushing people…

Photo by SSPL/Getty ImagesSSPL via Getty ImagesHere’s why we believe Iridium Communications (IRDM) stock deserves your attention: It is growing, generating cash, and is available at a substantial valuation discount. Let’s review the numbers.Cash Yield: Iridium Communications boasts an impressive cash flow yield of 16.2%.Growing: The revenue growth over the last 12 months is 7.6%, indicating that the cash reserves are expected to increase.Valuation Discount: Currently, IRDM stock is trading 46% below its 3-month high, 47% below its 1-year high, and 59% below its 2-year high.Free Cash Flow Yield is defined as free cash flow per share divided by stock…

Take a look at the essential concepts, terms, quotes, or phenomena every day and brush up your knowledge. Here’s your UPSC current affairs knowledge nugget on Stablecoins and CBDCs.(Relevance: In 2019, UPSC Mains examiners asked a question on cryptocurrency. As blockchain technology use increases, applications diversify. India’s Finance Minister and RBI Governor have articulated the government’s stance and discussed the pros and cons of these currencies. With the launch of a pilot project on RBI-backed digital currency, it becomes significant for you to know the basics about stablecoins and CBDCs.) Why in the news? Reserve Bank of India (RBI) Governor…

Like the guard injured during the Worcester Art Museum robbery, security employees rarely carried arms – and, as portrayed mockingly in The Mastermind, they could often be dozy “retirees” or “acid heads”, as Reichardt says, with limited training. She adds: “Museums used to have these cool circular drives out front, which made the getaway pretty handy.” And, while the film features an FBI art crime investigator reminiscent of real-life agent Robert Wittman – who recovered $300m (£225m) worth of art over the course of his career – the actual FBI Art Crime Team was only founded in 2004.AlamyHeiress-turned-revolutionary Rose Dugdale’s…

What is momentum trading? Momentum trading is the practice of buying and selling assets according to the recent strength of price trends. It is based on the idea that if there is enough force behind a price move, it will continue to move in the same direction. When an asset reaches a higher price, it usually attracts more attention from traders and investors, which pushes the market price even higher. This continues until a large number of sellers enter the market – for example, when an unforeseen event causes them to rethink the asset’s price. Once enough sellers are in…