Expedia shares jump on strong bookings from business clients
Reuters· 2025-11-07 11:25
Core Insights - Expedia's shares increased by 15.8% in premarket trading following a positive revenue and margin growth forecast for 2025, driven by strong bookings from business clients [1] Group 1 - The company anticipates higher revenue for 2025, indicating a positive outlook for its financial performance [1] - The expected growth in margins suggests improved profitability alongside revenue increases [1] - Strong bookings from business clients are a key factor contributing to the optimistic forecast [1]
Fidelity National Financial and F&G Annuities & Life Announce a Planned Distribution of Approximately 12% Ownership of F&G to FNF Shareholders
Prnewswire· 2025-11-07 11:25
Core Points - Fidelity National Financial, Inc. (FNF) has approved a special stock distribution of approximately 16 million shares of F&G Annuities & Life, Inc. (F&G) to its shareholders, representing about 12% of F&G's outstanding shares [1][4] - The distribution will occur on December 31, 2025, with shareholders of record as of December 17, 2025, receiving approximately six shares of F&G for every 100 shares of FNF held [2][4] - The distribution is intended to be a taxable dividend for U.S. federal income tax purposes [3] Company Information - FNF is a leading provider of title insurance and transaction services in the real estate and mortgage industries, and is the largest title insurance company in the U.S. [8] - F&G is focused on providing insurance solutions for retail annuity and life customers, as well as institutional clients [9]
Universal Music went from suing an AI company to partnering with it. What will it mean for artists?
TechXplore· 2025-11-07 11:24
Core Viewpoint - Udio, an AI music company, reached an out-of-court settlement with Universal Music Group (UMG) over copyright infringement allegations, marking a significant shift from litigation to collaboration in the music industry [1][2][3] Group 1: Settlement Details - The lawsuit was initiated by the Recording Industry Association of America on behalf of UMG, Sony Music, and Warner Records, claiming Udio trained its AI on UMG's music catalog [2] - The settlement includes a strategic agreement to develop a new product that will be trained exclusively on UMG's catalog while respecting copyright [3] - The private nature of the settlement leaves uncertainty regarding how compensation for artists will be calculated [4] Group 2: Industry Implications - The agreement reflects the evolving dynamics of the music business, where major labels are increasingly engaging with AI technologies [4][6] - Similar settlements and partnerships are becoming common, as seen with Spotify's recent deal with UMG, Sony, and Warner to create responsible AI products [6] - These arrangements may allow music giants to financially benefit from non-infringing AI uses and receive a share from copyright payments [8] Group 3: Impact on Creators - The engagement of major rights-holders with generative AI products pressures smaller players to participate in the evolving landscape [9] - There is currently no clear model for how attribution and revenue will be distributed to creators whose works are used in AI training [10] - Emerging companies are developing "attribution tracing" technologies to potentially divide royalties based on AI-generated outputs, but this raises concerns about the economic power assigned to algorithms [11][12] Group 4: Broader Considerations - Individual artists lack clear protection against having their work used for AI training, leading to potential power imbalances in the industry [15] - A model trained on UMG's extensive catalog could revolutionize music creation, offering diverse styles and applications [16] - The traditional copyright framework may not adequately support the shared cultural value of music in the age of AI, prompting a need for new support mechanisms for original music [17]
Bull of the Day: Ondas Holdings (ONDS)
ZACKS· 2025-11-07 11:21
Key Takeaways Small-cap provider of drone systems building security enterprise on Palantir techOrders 500 Wasp Drones from Norway's Rift Dynamics to deliver to US defense marketsAcquires Sentrycs for leading counter-UAS technology already used in 25 countriesOndas Holdings ((ONDS) is a $2.2 billion provider of autonomous drone systems and private wireless solutions through its business units Ondas Autonomous Systems (OAS), Ondas Capital and Ondas Networks. Ondas technologies offer a powerful combination of ...
Sensex, Nifty fall for third day, dragged by foreign fund outflows, weak global peers
The Hindu· 2025-11-07 11:20
Benchmark indices Sensex and Nifty ended lower on Friday (November 7, 2025) as relentless foreign fund outflows and weak trends in global markets hit investors’ sentiment.The 30-share BSE Sensex declined 94.73 points, or 0.11%, to settle at 83,216.28. During the day, it tanked 640.06 points, or 0.76%, to 82,670.95.The 50-share NSE Nifty dipped 17.40 points, or 0.07%, to 25,492.30.From the Sensex firms, Bharti Airtel tumbled 4.46% after Singtel said it has sold about 0.8% stake in the firm for ₹10,353 crore ...
Mailchimp: 98% mid-market marketers say AI will improve effectiveness, but only one third are using it
Retail Times· 2025-11-07 11:20
Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, today released a new Mailchimp report, The Marketing Equalizer: Leveraging AI for Mid-Market Growth. The report was created in partnership with WARC, the global authority on marketing effectiveness.Key report findings include:More than half of mid-market companies operate with 10 or fewer marketing staff98% of respondents believe AI will improve marketing effectivenessOnl ...
Nvidia Supplier Foxconn Announces First-Ever Deployment Of Humanoid Robots For AI Server Production - NVIDIA (NASDAQ:NVDA), Hon Hai Precision (OTC:HNHPF)
Benzinga· 2025-11-07 11:19
Foxconn Technology Group, owned by Hon Hai Precision Industry (OTC:HNHPF) is reportedly set to deploy humanoid robots for the production of AI servers in Texas amid its aggressive expansion push in the U.S.North America To Be The Main BaseFoxconn will introduce the humanoid robots within a few months, the company’s Chairman and CEO, Young Liu, told Nikkei Asia on the sidelines of the Global Management Dialogue, a forum organized by Nikkei and Swiss business school IMD, in Tokyo. This marks the first instanc ...
Aspo Plc - Managers' Transactions – Mikko Pasanen
Globenewswire· 2025-11-07 11:15
Aspo Plc Managers’ transactions November 7, 2025, at 13.15 EET Aspo Plc - Managers' Transactions – Mikko Pasanen ___________________________________________ Name: Mikko Pasanen Position: Other senior manager Issuer: Aspo Oyj LEI: 7437000TB0GHDHLPX677 Notification type: INITIAL NOTIFICATION Reference number: 129614/7/6 ____________________________________________ Transaction date: 2025-11-05 Venue: NASDAQ HELSINKI LTD (XHEL) Instrument type: SHARE ISIN: FI0009008072 Nature of transaction: ACQUISITION Trans ...
Gravity Reports Third Quarter of 2025 Result and Business Updates
Globenewswire· 2025-11-07 11:15
Seoul, South Korea, Nov. 07, 2025 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games based in South Korea, today announced its unaudited financial results for the third quarter ended September 30, 2025, prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board and business updates. THIRD QUARTER 2025 HIGHLIGHTS Total revenues were KRW 138,894 million (US$ ...
Opendoor Stock Plunges 21% In Friday Pre-Market: What's Going On? - Opendoor Technologies (NASDAQ:OPEN)
Benzinga· 2025-11-07 11:14
Shares of Opendoor Technologies Inc. (NASDAQ:OPEN) plunged 20.56% during the pre-market trading session on Friday after the company reported third-quarter results.‘Refounding’ The CompanyThe company reported a revenue of $915 million for the third quarter, surpassing the estimated $849.59 million. However, it recorded a loss of eight cents per share, missing the anticipated loss of seven cents per share.Opendoor bought 1,169 homes during the quarter, a steep drop from 3,504 in the same period last year. It ...