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EXCLUSIVE-SAP offers concessions in bid to address EU antitrust concerns, sources say
EU looking at business practices related to software salesEuropean Commission has questioned companies about SAP, OracleConcessions could avert an investigation and possible heavy fineBy Foo Yun Chee BRUSSELS, Sept 22 (Reuters) - SAP, Europe's largest software maker, has offered concessions t...Reuters
Mon, Sep 22
Other
CNX Resources announces CEO's retirement, names CFO Alan Shepard as successor
Sept 22 (Reuters) - Natural gas producer CNX Resources CNX.N on Monday announced the retirement of CEO Nicholas Deiuliis, effective December 31, and named CFO Alan Shepard as his successor.Shepard, who will take up the role starting January 1, 2026, joined the company in 2020 and has served as its C...Reuters
Mon, Sep 22
Stocks
Is Nu Holdings Stock a Buy Now?
Key PointsNu is the dominant digital bank in its home country of Brazil, and it is finding success in other Latin American markets. Driven by impressive unit economies, its profits are soaring at a faster rate than its revenues. The stock has performed extremely well, but the valuation is still att...The Motley Fool
Mon, Sep 22
Stocks
Crypto firm Bitmine down after $365 mln direct stock deal announced
** Shares of Bitmine Immersion Technologies BMNR.A down 5.7% premarket at $57.80 after crypto mining firm announces $365.2 mln equity raise ** BMNR early Mon says it sold ~5.2 mln shares at $70 to an institutional investor in registered direct offering with Moelis & Co MC.N as sole placemen...Reuters
Mon, Sep 22
Cryptocurrencies
China’s tech finds new lifelines beyond U.S. borders
China’s technology exports to the United States have plunged, yet solid orders from other regions are still keeping China’s trade engine humming. A Goldman Sachs analysis published Sunday found Chinese tech shipments to the U.S. in August were down 70% versus the fourth quarter of 2024. The drop came after President Donald Trump rolled out […]Cryptopolitan
Mon, Sep 22
Commodities
SOFTS-Cocoa slumps to two-month low, coffee and sugar rise
LONDON, Sept 22 (Reuters) - Cocoa futures on ICE fell to two-month lows on Monday with weak demand seen leading to a global surplus in the upcoming 2025/26 season, while coffee and sugar were higher. COCOA* London cocoa LCCc2 lost 1.8% to 4,967 pounds a metric ton by 1119 GMT after setting a ...Reuters
Mon, Sep 22
Other
Oracle appoints insiders Clay Magouyrk and Mike Sicilia as co-CEOs
Sept 22 (Reuters) - Cloud provider Oracle ORCL.N said on Monday it was appointing insiders Clay Magouyrk and Mike Sicilia to CEO roles, while current CEO Safra Catz has been appointed to serve as executive vice chair of the board.Reuters
Mon, Sep 22
Stocks
Ionis' rare neurological disorder drug shows promise in clinical trial
Sept 22 (Reuters) - Ionis Pharmaceuticals' IONS.O experimental drug improved walking ability in patients with a rare progressive and often fatal neurological condition, the company said on Monday, meeting the main goal in an early-to-late-stage study.Shares of the company were up about 3% in pre...Reuters
Mon, Sep 22
Other
Oracle Corporation Announces Promotion Of Clay Magouyrk And Mike Sicilia To CEOs
Sept 22 (Reuters) - Oracle Corp ORCL.N:ORACLE CORPORATION ANNOUNCES PROMOTION OF CLAY MAGOUYRK AND MIKE SICILIA TO CEOSORACLE - SAFRA CATZ APPOINTED EXECUTIVE VICE CHAIR OF THE BOARD OF DIRECTORSORACLE - REAFFIRMED THE FINANCIAL GUIDANCE PROVIDED ON ITS SEPTEMBER 9, 2025ORACLE CORPORATION ANNOUNCES ...Reuters
Mon, Sep 22
Stocks
Stifel raises Micron PT following enterprise SSD demand from hyperscalers
** Stifel raises PT on memory chipmaker Micron Technology MU.O to $173 from $145 as big cloud companies boost enterprise SSD demand** Brokerage sees AI adoption is creating a sustained increase in demand for both higher-capacity and lower-cost SSDs ** "We expect Micron to outgrow/earn the prior ...Reuters
Mon, Sep 22
Cryptocurrencies
Crypto.com CEO denies concealment allegations linked to 2023 phishing attack
A teenager and his accomplices took control of crypto exchange Crypto․com’s employee account in 2023, which blockchain investigator ZachXBT has accused the company of concealing. Replying to the exchange’s post on Saturday, ZachXBT claimed the platform had been compromised several times, but it allegedly “covered up a breach that impacted the personal information of users.” […]Cryptopolitan
Mon, Sep 22
Stocks
Congressional Budget Office: President Trump's Tariffs Are Pushing Inflation Higher But Could Also Cut Deficit More Than Expected
Key PointsMuch debate has ensued over whether President Donald Trump's tariffs will lead to a significant increase in inflation.The Congressional Budget Office (CBO), which looks at the financial impact of Congressional bills and other policies, said inflation has come in higher than it expected.How...The Motley Fool
Mon, Sep 22
Stocks
Deutsche Telekom slips after U.S. subsidiary announces new CEO
** Shares in Deutsche Telekom DTEGn.DE slip 2% after its subsidiary T-Mobile TMUS.O said its current chief operating officer, Srini Gopalan, will take over from Mike Sievert as the company's next CEO effective November 1 ** A trader told Reuters the news is affecting the Germany company's sh...Reuters
Mon, Sep 22
Stocks
Buy and Hold: 2 Artificial Intelligence (AI) Stocks Built for the Long Haul
Key PointsNvidia is capitalizing on the global AI buildout by supplying advanced chips and networking solutions.ASML's best-in-class lithography machines are indispensable for advanced chip manufacturing. 10 stocks we like better than Nvidia › The artificial intelligence (AI) revolution has taken th...The Motley Fool
Mon, Sep 22
Stocks
Wedbush sets Street-high PT on Apple on strong demand for new iPhones
** Brokerage Wedbush raises PT on Apple AAPL.O to $310 from $270 on early strong demand signs for iPhone 17** New PT is highest on Wall Street, representing a more than 26% upside to stock's last close of $245.5** Wedbush says combination of pent-up consumer upgrade cycle and some design changes...Reuters
Mon, Sep 22
Stocks
Fed Chair Jerome Powell Just Implemented a 'Risk Management' Rate Cut. Will This Push the S&P 500 Index to 7,000 or Is It a Sell-the-News Event?
Key PointsFed Chair Jerome Powell called the Fed's decision a "risk management cut" in case the economy suddenly slows significantly.The stock market has been banking on interest rate cuts for months now, pushing up the broader S&P 500 index.Interestingly, the Federal Open Market Committee's dot plo...The Motley Fool
Mon, Sep 22
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