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IDEX: Navigating Uncertainty With Steady Growth And Strong Cash Flow
Seeking Alpha· 2025-07-02 18:51
Core Insights - The article discusses the author's academic and professional background in Machine Learning, Economics, and Finance, highlighting expertise in Data Science and Machine Learning applications within the banking and finance sectors [1] - The current research focus is on Generative AI in sustainable finance, indicating a trend towards integrating advanced technologies in financial practices [1] Group 1: Academic and Professional Background - The author holds a PhD in Machine Learning with a focus on Economics and Finance, and has affiliations with prestigious business schools and research centers [1] - Professional experience includes working at Deloitte Financial Advisory, specializing in Data Science and Machine Learning applications for clients in banking, insurance, and finance [1] - The author teaches Asset Pricing and Introduction to Corporate Finance at ESADE Business School at both MSc and BSc levels [1] Group 2: Research Interests and Skills - Current research interests include Generative AI applications in sustainable finance, reflecting a growing intersection of technology and finance [1] - Proficient in programming languages such as Python, R, and SQL, which are essential for data analysis and machine learning applications in finance [1]
X @Cointelegraph
Cointelegraph· 2025-07-02 18:20
🇮🇹 JUST IN: Italy’s Banca Sella is testing stablecoin custody with Fireblocks, eyeing next steps after summer. https://t.co/HWEdNjZWr5 ...
Microsoft Cuts 8K Jobs in 2025's 4th Round of Layoffs
PYMNTS.com· 2025-07-02 18:07
Core Viewpoint - Microsoft is cutting nearly 9,000 jobs, representing under 4% of its workforce, as part of ongoing organizational changes to enhance agility and effectiveness in a dynamic marketplace [2][3]. Group 1: Job Cuts and Workforce Impact - The job cuts will affect nearly 8,800 positions based on a workforce of 228,000 employees in mid-2024, following previous reductions earlier in the year [3]. - The company has made routine adjustments to its workforce to align with strategic demands, even during stable periods [3]. - The recent layoffs follow a 1% performance-based reduction in January, 6,000 cuts in May, and approximately 300 in June [3]. Group 2: Strategic Focus and Management Changes - The cuts aim to reduce management layers, allowing employees to focus more on meaningful work by leveraging new technologies [3]. - Phil Spencer, CEO of Microsoft's gaming division, indicated that the company will end or decrease work in certain areas to focus on strategic growth and increase agility [4]. Group 3: Industry Context - The layoffs at Microsoft occur alongside similar cuts at other major companies, including JPMorgan Chase, Morgan Stanley, and Wells Fargo, as well as Walmart's plan to cut around 1,500 jobs [5]. Group 4: AI Developments - Microsoft announced that its AI Diagnostic Orchestrator (MAI-DxO) achieved an 85% accuracy rate in diagnosing complex cases, significantly outperforming the average accuracy of 20% among physicians in a study [6]. - The company emphasized the importance of trust in AI performance for both clinicians and patients [7].
X @Ash Crypto
Ash Crypto· 2025-07-02 17:06
BREAKING:🇺🇸 RIPPLE HAS APPLIED FOR US BANKING LICENSE. ...
X @CoinDesk
CoinDesk· 2025-07-02 16:53
NEW: 🚨 Ripple is seeking a U.S. banking license, per WSJ. https://t.co/X5OetUPPG6 ...
南京第二场“地产绿色优质农产品进万家”活动举行
Nan Jing Ri Bao· 2025-07-01 23:37
Group 1 - The second "Green Quality Agricultural Products into Thousands of Homes" supply and demand docking meeting in Nanjing was held on June 30, 2025, with participation from 32 financial institutions and agricultural enterprises [1] - Various green quality agricultural products, including rainbow tomatoes and premium rapeseed oil, were showcased, featuring 155 types across nine categories [1] - The "Food Gift Qinhuai" and "Jinling Flavor Rice" brands led the display, highlighting local agricultural products and their unique qualities [1] Group 2 - A collaboration between China Merchants Bank Nanjing Branch and Xuesong Tea Co., under Nanjing New Agricultural Group, resulted in the "Shangqingyun" Rain Flower tea gift box, which has sold nearly 8,000 units, generating sales of approximately 2.4 million yuan [2] - The bank plans to further collaborate with more local agricultural product operators to enhance marketing and sales channels for Nanjing's agricultural products [2] Group 3 - Strategic cooperation agreements were signed between Nanjing Grain Group and various banks, including China Agricultural Development Bank and Ningbo Bank [3] - The "Food Gift Qinhuai" brand has integrated 255 authorized entities, covering 1,568 product categories, and has driven sales exceeding 1.455 billion yuan since its launch in 2020 [3]
X @Bloomberg
Bloomberg· 2025-07-01 20:50
Stay on top of the global banking industry with emerging trends, winners and losers, and market opportunities. Sign up for our new weekly newsletter: https://t.co/1Wqnsrh3z9Read the latest edition: https://t.co/4BUfgs8IMK https://t.co/oofyxnQrSV ...
BNP Paribas Primary New Issues: STAB Notice - No Stab DOLCETTO HOLDCO S.P.A
GlobeNewswire News Room· 2025-07-01 08:10
Group 1 - The announcement indicates that no stabilisation was carried out for the securities offered by Dolcetto Holdco S.P.A, as per the Market Abuse Regulation [2] - The aggregate nominal amount of the securities includes €590 million in fixed-rate notes and €400 million in floating-rate notes [3] - The offer price for the securities is set at 100 [3] Group 2 - The stabilisation managers involved in the offering include BNP Paribas, Barclays, Deutsche Bank, Intesa, Mizuho, CACIB, and KKR [4] - The announcement clarifies that the securities are not being offered for sale in the United States and have not been registered under the U.S. Securities Act of 1933 [5]
Barclays Bank PLC: AI Prime & Cy S.C.A. announces pricing of an accelerated placing of shares of InPost S.A.
Globenewswire· 2025-07-01 07:06
Group 1 - AI Prime & Cy S.C.A., an Advent International company, has announced the pricing of an accelerated placing of 17.5 million ordinary shares in InPost S.A., representing approximately 3.5% of the company's existing share capital, at a price of EUR 13.25 per share [2][3] - Following the settlement of the placing, Advent International's total ownership interest in InPost S.A. will increase to approximately 6.5%, with settlement expected on July 3, 2025 [3] - The company will not receive any proceeds from this placing [4] Group 2 - Barclays Bank PLC acted as the Sole Global Co-ordinator and Bookrunner for the placing [3] - The remaining shares held by AI Prime will be subject to a 60-day lock-up period from the settlement date, with customary exemptions [3]