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Baghdadi Capital Group Selects nCino to Power Global Growth and Expansion Strategy
Globenewswire· 2025-10-09 10:30
Core Insights - nCino has entered the Spanish market through a partnership with Baghdadi Capital Group, aiming to standardize and automate operations for its non-bank financial services [1][6] - Baghdadi Capital has financed approximately 2.5 billion euros to date and seeks a unified platform to optimize operations and maintain compliance while expanding internationally [3][11] - The nCino Platform will enhance Baghdadi Capital's efficiency in onboarding and origination across various financial operations, allowing for faster market entry and improved customer service [4][5] Company Overview - nCino is a leading provider of intelligent banking solutions, helping financial institutions digitize processes and improve operational efficiency [7] - Baghdadi Capital, founded in 2019, specializes in working capital and strategic investments, aiming to complement traditional banking with innovative solutions for SMEs [2][8] - Baghdadi Capital is executing a diversification strategy by acquiring interests in factoring and specialty finance companies globally, with a focus on building a significant independent working-capital finance platform [9][10]
Boomi Introduces New Change Data Capture for SAP Data, Powering Agentic Transformation With Real-Time Insights
Businesswire· 2025-10-08 08:00
Core Insights - Boomi has launched native Change Data Capture (CDC) ingestion for SAP data, enhancing its AI-driven automation capabilities [1] - This new feature allows enterprise teams to securely ingest data from SAP ECC, S/4HANA, and SAP Business Warehouse (BW) into any cloud data lake or warehouse without the need for coding [1] - The launch aims to make critical SAP data instantly accessible across organizations, improving data accessibility and integration [1]
U.S. Markets Navigate Government Shutdown and Weak Jobs Data, Tech and Lithium Shine
Stock Market News· 2025-10-01 16:07
Market Overview - U.S. stock markets showed resilience despite a government shutdown and disappointing employment data, with major indexes stabilizing and some turning positive by midday [1][2] - The S&P 500 was virtually unchanged, the Nasdaq Composite remained flat, and the Dow Jones Industrial Average added 18 points, indicating a quick market adjustment to the shutdown [3] Economic Data - The ADP Employment Report revealed a surprising decline of 32,000 jobs in September, contrasting with expectations of a 45,000 increase, marking the largest drop in private payrolls in two and a half years [5] - The ISM Manufacturing Index indicated weaker-than-expected manufacturing activity, contributing to a challenging economic backdrop [6] Upcoming Economic Reports - The government shutdown is anticipated to delay key economic reports, including weekly jobless claims and the Consumer Price Index (CPI) inflation data, adding uncertainty for investors [7] Company News and Stock Movements - Nike's shares surged over 4% after exceeding analysts' expectations for profit and revenue, driven by strong growth in North America [8] - Lithium Americas Corp's stock jumped over 25% following confirmation of a $2.26 billion loan from the U.S. government [8] - Nvidia rallied after CoreWeave announced a $14.2 billion AI cloud deal with Meta Platforms, with Nvidia reportedly surpassing a $4.5 trillion valuation [12] - UiPath's stock rose more than 8% due to partnerships with major tech companies for AI-driven automation [12] - Pfizer led gains in the S&P 500 after reaching an agreement to cut drug prices [12] - Rocket Companies completed a $14.2 billion acquisition of Mr. Cooper Group, uniting major players in the mortgage sector [12] - Corteva's shares declined by 6.6% after announcing a split into two independent companies [12] - Cal-Maine Foods fell by 1.6% after missing quarterly profit and revenue expectations [12] - Reddit Inc's stock dropped 8.2% due to reduced usage of its content in ChatGPT responses [12] - United Natural Foods, Inc. soared 18.5% after reporting fourth-quarter revenues that exceeded estimates [12]
Unisys Named an Innovator in Avasant's State and Local Government Digital Services 2025 RadarView™
Prnewswire· 2025-09-03 13:00
Core Insights - Unisys has been recognized as an Innovator in Avasant's State and Local Government Digital Services 2025 RadarView, marking a significant advancement from its previous Challenger status in 2024 [2][3] - The recognition highlights Unisys's strong capabilities in enabling secure data-driven transformation for state and local governments, emphasizing its commitment to enhancing citizen engagement and cybersecurity [2][3] Group 1: Company Recognition - Unisys earned the Innovator designation for its differentiated approach in supporting public sector digital transformation [2] - This is the second consecutive year Unisys has been featured in Avasant's report, indicating consistent performance and innovation in the sector [2] Group 2: Key Capabilities - Unisys leverages over 150 years of public sector experience to provide AI-driven automation, secure cloud solutions, and application modernization [3] - The company focuses on analytics, citizen engagement, and cybersecurity to facilitate digital transformation in the public sector [5] Group 3: Operational Excellence - Avasant commended Unisys for maximizing technology investments while maintaining security standards through operational efficiency and cost control [5] - The company has cultivated a strong network of public sector-focused partnerships to simplify procurement for government clients [5]
Fortinet Named a Leader in the 2025 Gartner® Magic Quadrant™ for Hybrid Mesh Firewall
Globenewswire· 2025-08-27 15:03
Core Insights - Fortinet has been recognized as a Leader in the 2025 Gartner Magic Quadrant for Hybrid Mesh Firewall, achieving the highest position for Ability to Execute [1][2][3] Company Overview - Fortinet is a global leader in cybersecurity, focusing on the convergence of networking and security, and has been acknowledged in 12 different Gartner Magic Quadrant reports [2][12] - The company offers a comprehensive cybersecurity portfolio with over 50 enterprise-grade products, serving more than half a million customers [12] Product and Technology Highlights - Fortinet's solutions are powered by custom-built ASICs for enhanced performance and utilize FortiOS, a unified operating system for both hardware and virtual deployments [2][3] - The Fortinet Security Fabric integrates FortiOS, FortiGuard Labs intelligence, and AI-driven security, reducing complexity and operational overhead while enhancing threat detection and response [6] - Innovations such as FortiAI-Assist leverage AI technologies to improve network operations and response times, while early adoption of post-quantum cryptography ensures future-proof data protection [6] Strategic Vision - Fortinet's recognition in both the Gartner Magic Quadrant for Hybrid Mesh Firewalls and SASE Platforms reflects its vision for a new-generation SASE firewall that simplifies operations and reduces costs [4] - The company aims to provide consistent, hybrid secure access across various environments, including data centers, cloud, and remote edges, to keep pace with evolving network complexities [4] Licensing and Flexibility - The FortiFlex licensing model offers usage-based security licensing, allowing customers to transition seamlessly between hardware, virtual, and cloud firewall options, optimizing costs and accelerating time to value [6]
Datavault AI Debuts Enterprise Commercialization for AI Agents Built with IBM watsonx for AI-Powered Data Monetization
GlobeNewswire News Room· 2025-07-29 09:34
Core Insights - Datavault AI Inc. is expanding the commercialization of its AI agents, DataScore® and DataValue®, in collaboration with IBM watsonx.ai to enhance enterprise financial modeling, risk assessment, and pricing strategies [1][3] - The partnership with IBM aims to accelerate AI adoption across various industries, including finance, healthcare, sports, entertainment, and government [2] - The CEO of Datavault AI views this collaboration as a strategic inflection point, positioning the company to scale its data monetization platform globally [3] Company Developments - Datavault AI is a Platinum partner in IBM's Partner Plus program, which will facilitate collaboration on deployment, testing, and development [2] - The company has developed a fully integrated AI-powered ecosystem to help organizations monetize their data assets through its flagship AI agents [5] - The Data Vault Bank® is expected to be released in October 2025, converting enterprise data into structured, tradable assets [5] Product Offerings - DataScore® is a patented AI-driven scoring and risk analysis tool that ensures compliance with regulatory standards [6] - DataValue® is a patented AI-driven pricing engine that assigns financial valuations to enterprise data, creating new liquidity and trading opportunities [6] - The Data Vault Web 3.0 platform enhances secure, compliant, and scalable data monetization across industries [7] Market Potential - According to McKinsey & Company, generative AI is projected to add between $2.6 trillion and $4.4 trillion annually across key business applications, highlighting the significance of AI-driven automation in enterprise technology [4]
Oracle Enables Automation of Drug Supply Management Across Vendors and Studies to Help Speed and Simplify Clinical Trials
Prnewswire· 2025-06-04 12:00
Core Insights - Oracle has introduced new interoperability advancements in its Randomization and Trial Supply Management (RTSM) solution, aimed at optimizing drug supply management across complex clinical trials and multiple therapeutic areas [1][2][3] - The enhancements allow sponsors and CROs to manage drug inventory across various clinical trials simultaneously, reducing inefficiencies and accelerating trial execution timelines [1][4] - Oracle's RTSM now supports integrated supply management with major partners, ensuring timely delivery of the right drug to the right site, regardless of the technology platform used in the study [1][2] Technology and Features - Built on Oracle Cloud Infrastructure (OCI), RTSM provides end-to-end automation for drug supply ordering, tracking, and allocation, catering to the growing demand for multi-vendor strategies and cross-trial flexibility [2][3] - The system includes built-in analytics for centralized inventory levels, shipment statuses, and drug usage across trial portfolios, enhancing operational efficiency [2][3] Strategic Vision - Oracle's strategy emphasizes interoperability, connectivity, AI-driven automation, and agentic workflows, aiming to unify life sciences and clinical applications to create a more intelligent and patient-centric research ecosystem [3][4] - The enhancements reflect Oracle's commitment to delivering an open and connected ecosystem, enabling sponsors to accelerate innovation and improve patient outcomes [4][5] Company Background - Oracle Life Sciences is recognized as a leader in cloud technology and pharmaceutical research, with over 20 years of experience in supporting clinical development and leveraging real-world evidence [5][6] - The company aims to empower the life sciences industry to enhance patient outcomes through innovation and advancements in clinical research [5]
Richtech Robotics Announces Preliminary Inclusion in US small-cap Russell 2000® Index
Globenewswire· 2025-05-28 13:00
Core Insights - Richtech Robotics Inc. has been selected for preliminary inclusion in the US small-cap Russell 2000 Index, effective after market close on June 27, 2025, as part of the 2025 Russell Indexes reconstitution [1] - The company's stock will also be added to the appropriate growth and value indexes, reflecting its membership in the broader Russell 3000 Index [1] - This inclusion is seen as a validation of the company's momentum and growing market confidence in its AI-driven automation solutions [2] Company Overview - Richtech Robotics specializes in AI-driven service robots, focusing on the hospitality and healthcare sectors [4] - The company's mission is to transform the service industry through collaborative robotic solutions that enhance customer experience and operational efficiency [4] - Richtech Robotics aims to create a landscape of enhanced interactions and innovation, propelling organizations toward higher levels of excellence and satisfaction [4] Market Context - Russell indices are widely utilized by investment managers and institutional investors for index funds and as benchmarks for active investment strategies [2] - As of June 2024, approximately $10.6 trillion in assets are benchmarked against the Russell US indexes, indicating the significance of these indices in the investment landscape [2]
BILL Holdings Plunges 47% Year to Date: Should You Buy the Stock on Dip?
ZACKS· 2025-05-27 17:26
Core Viewpoint - BILL Holdings (BILL) has experienced a significant decline in stock value, dropping 46.8% year-to-date, underperforming compared to the broader tech sector and peers like SAP and Intuit, which have seen gains of 19.7% and 14.5% respectively [1][2] Group 1: Market Performance - The underperformance of BILL can be linked to broader market weaknesses in the tech sector, ongoing fears regarding U.S. tariffs, and a challenging macroeconomic environment characterized by persistent inflation and high interest rates [2] - In contrast, competitors SAP and Intuit have successfully enhanced their offerings, particularly in the SMB sector, contributing to their stock gains [1][2] Group 2: Company Developments - BILL is enhancing its platform with increased adoption, AI-driven automation, and expanded payment solutions, which are expected to help the company compete effectively in the SMB sector [3] - In fiscal Q3 2025, BILL processed nearly $79 billion in payment volume across 30 million transactions, aiding over 488,600 businesses in automating financial operations [4] - The company introduced new procurement and financial automation innovations in April 2025, unifying various financial workflows to help businesses manage cash flow [5] Group 3: Customer Growth and Partnerships - BILL added 4,200 net new customers in fiscal Q3 2025, bringing the total to 164,800 customers using its AP and AR solutions [6] - Key partnerships, such as with Xero and Regions Bank, have been instrumental in expanding BILL's SMB clientele and enhancing its digital payment solutions [7][8] Group 4: Financial Guidance - For Q4 fiscal 2025, BILL anticipates revenues between $370.5 million and $380.5 million, indicating year-over-year growth of 8-11% [9] - The company expects fiscal 2025 revenues to be between $1.45 billion and $1.46 billion, reflecting a year-over-year growth of 12-13% [11] - The Zacks Consensus Estimate for Q4 fiscal 2025 revenues is $375.13 million, with a consensus earnings estimate of 39 cents per share [10] Group 5: Profitability and Cash Flow - BILL's focus on automation and an expanding customer base is driving strong growth and profitability, with a free cash flow margin of 25% in fiscal Q3 2025 [12] - The company is positioned for sustained success, supported by its robust product portfolio and market demand [12]
High Wire Networks Reports 10% Gross Profit Uplift Amid Strategic Transformation and Technology Investments
Globenewswire· 2025-04-24 12:30
BATAVIA, Ill., April 24, 2025 (GLOBE NEWSWIRE) -- High Wire Networks, Inc. (OTCQB: HWNI), a global provider of managed cybersecurity services, today announced a 10% increase in gross profit over the past 90 days as a result of strategic execution, operational discipline, and a renewed focus on AI-driven automation. The uptick follows High Wire's organization-wide strategic transformation initiatives, which include refining its go-to-market approach, accelerating partner engagement, and deploying hyperautoma ...