Okta Inc. Scoring a Double Upgrade Ahead of Earnings
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Okta Inc. Scoring a Double Upgrade Ahead of Earnings

Okta Inc. received a double upgrade from Goldman Sachs, predicting growth and addressing challenges in the identity-management software market. Analyst Gabriela Borges changed her rating to buy, anticipating a favorable risk/reward ratio an...

New Oversight and Rules Urged for Large Regional Banks
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New Oversight and Rules Urged for Large Regional Banks

FDIC Chairman Martin Gruenberg urges stronger oversight and new rules for large regional banks to address recent failures and potential risks they pose to the financial system.

Tesla Cuts Prices in China, Sparking Questions on EV Demand
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Tesla Cuts Prices in China, Sparking Questions on EV Demand

Tesla has announced significant price reductions for its electric vehicles in China, leading to discussions about the state of EV demand in the country. The move comes after Tesla unveiled enticing incentives for its Model 3 sedans and Mode...

Market Updates
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Market Updates

Get the latest updates on the market performance, currency and commodity outlook, yield movements, and Asian market performance.

BiVictriX Therapeutics Seeking Funding for BVX001 Treatment
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BiVictriX Therapeutics Seeking Funding for BVX001 Treatment

BiVictriX Therapeutics seeks funding through share placing and subscription to develop BVX001 treatment for acute myeloid leukemia. Initiatives include toxicity data collection and orphan drug designation.

Ansell Reports Decline in Annual Profit due to Inventory Stockpiling
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Ansell Reports Decline in Annual Profit due to Inventory Stockpiling

Ansell, the Australia-listed protective-garment manufacturer, announced a 6.6% decrease in its annual profit due to the need to clear inventory stockpiled during the Covid-19 pandemic.

Revenue and Sales Projections
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Revenue and Sales Projections

Netflix's revenue falls short of analyst expectations, but the company plans to drive growth through ad-supported options and cracking down on password sharing. The stock experienced a slight decline after the release of the results.

Nvidia's Dominance in the AI Server Market
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Nvidia's Dominance in the AI Server Market

Nvidia is dominating the AI server market and could generate $300 billion in AI-related revenue by 2027, according to Mizuho analyst Vijay Rakesh.

Sluggish Growth Signals Weaker Conditions Ahead
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Sluggish Growth Signals Weaker Conditions Ahead

New data shows that the US economy experienced its slowest pace of growth in July. The service sector may be losing momentum while manufacturers face significant challenges. Despite this, stock indices showed modest gains.

Compass Group Reports 15% Organic Revenue Growth in Q3 FY2023
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Compass Group Reports 15% Organic Revenue Growth in Q3 FY2023

Compass Group reports a 15% increase in organic revenue in Q3 FY2023, driven by client retention, new business growth, pricing strategies, and volume growth. The company plans to focus on bolt-on acquisitions and expects future revenue and...