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UBS' Michael Lasser shares the bull case for Dollar General and Dollar Tree

UBS' Michael Lasser shares the bull case for Dollar General and Dollar Tree

CNBC2 days ago

Michael Lasser, UBS, joins 'Closing Bell Overtime' to talk the bull case for dollar stores.

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PayPal's Venmo, Snowflake upgrade, Asana: Trending Tickers
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PayPal-owned (PYPL) mobile payment app Venmo is adding new features to its platform, including 15% cashback rewards at select retailers. UBS analysts upgrade Snowflake stock (SNOW) to a Buy rating and raise their price target to $265 per share. Asana (ASAN) shares sink Wednesday morning after topping first quarter earnings estimates while reporting a notable year-over-year decline in sales growth. To watch more expert insights and analysis on the latest market action, check out more Wealth here. Now time for some of today's trending tickers. We are watching PayPal, Snowflake, and Asana. First up, PayPal owned Venmo, adding new features in hopes of expanding user adoption of its debit card and other financial services. The updates include 15% cashback for Venmo debit card holders at retailers, including Walmart, McDonald's and Sephora, as well as expanding its Pay with Venmo feature. Next up, Snowflake getting an upgrade to buy from neutral. UBS is the one behind this call and along with several price target hikes following its summit. UBS analysts saying that it's not too late to take advantage of what could be just the beginning of a sustained enterprise investment in data services and cloud providers. Evercore ISI, which raised its price target to $240, saying AI has reached a tipping point and that makes Snowflake's current pace of growth durable. Finally, here we're checking in on shares of Asana falling on worries about the software company's sales growth, which slowed to 9%. That's down from 26% growth a year ago. Despite narrowly beating the street's expectations for the first quarter, city analysts warn and quote, the billing miss and guide down raises some growth concerns. You can scan the QR code below to track the best and worst performing stocks of the session with Yahoo Finance's Trending Tickers page.

PayPal's Venmo, Snowflake upgrade, Asana: Trending Tickers
PayPal's Venmo, Snowflake upgrade, Asana: Trending Tickers

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YUKKA's New CEO Prepares to Take on Global Markets
YUKKA's New CEO Prepares to Take on Global Markets

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Europe's AI revolution in finance is accelerating, and YUKKA is making a bold leadership move to drive it forward. 'Europe has the technology, the expertise, and the regulatory foresight to lead in finance-focused AI. Now, it's about scaling that vision globally. We intend to set new standards for finance industry'— Oliver Berchtold BERLIN, GERMANY, June 4, 2025 / / -- Europe's AI revolution in finance is accelerating, and YUKKA is making a bold leadership move to drive it forward. The AI-driven financial intelligence company has appointed Oliver Berchtold as CEO, positioning itself as a key player in Europe's strategy to compete in AI on the global stage. With Berchtold at the helm, Yukka is set to expand internationally and redefine how financial institutions use AI for high-stakes decision-making. As the U.S. and China dominate the AI arms race, Europe is playing to its strengths—finance and precision-driven AI solutions. YUKKA is at the forefront of this push, providing financial institutions with AI-powered insights that prioritize reliability, reduce risk, and improve decision-making in volatile markets. Unlike generic AI models, YUKKA's proprietary research AI is built to deliver risk-assessed, portfolio-driven intelligence without hallucinations. From identifying high ESG risk scores in a large corporate network to spotting early indicators of market downturns, Yukka's AI platform consistently outperforms generic models in finance-specific scenarios. These capabilities are gaining rapid traction among top-tier institutions, including UBS, SwissRE, Allianz, Universal Investment, and KPMG. 'AI in finance isn't just about automation—it's about precision,' says Oliver Berchtold, CEO of Yukka. 'Europe has world-class financial expertise, and we are now leveraging AI to turn that knowledge into a competitive advantage. My focus as CEO is to scale Yukka's impact and ensure that European financial AI becomes the global benchmark.' From Startup to Global Scale: A Leadership Shift for Growth Yukka's appointment of Berchtold marks a strategic transition from a fast-growing AI startup to a global financial AI powerhouse. He succeeded Andreas Pusch, who successfully established YUKKA's position as a leading AI company in finance. Under Pusch's leadership, YUKKA: - Secured major financial clients—including UBS, SwissRE, Universal Investment, Allianz, and KPMG, proving the real-world value of its AI solutions. - Expanded internationally, with new HQ in Berlin, offices in Switzerland, and soon New York—a direct step toward global market expansion. - Earned recognition as a Gartner 'Cool Vendor' for its real-time NLP solutions. Pusch will remain actively involved as COO, ensuring a smooth transition while driving operational execution. 'I'm immensely proud of what we've achieved and this is the right time to accelerate our growth,' says Pusch. 'Oliver's expertise in AI-driven expansion and product-led growth makes him the ideal leader for this next chapter.' Under Berchtold's leadership, YUKKA is set to: - Double down on AI-driven finance innovation, ensuring that Europe sets global benchmarks for financial AI. - Scale its AI solutions internationally, with a focus on expanding in the U.S. and key financial markets. - Position AI as a tool for proactive decision-making, empowering investors, banks, and asset managers with cutting-edge AI-driven insights. 'Europe has the technology, the expertise, and the regulatory foresight to lead in finance-focused AI,' says Berchtold. 'Now, it's about scaling that vision globally. We intend to set new standards for the industry that place Europe firmly on the global AI map.' As AI reshapes the global financial sector, YUKKA's leadership transition signals not just a new CEO, but a bold strategic move in Europe's AI future. Andrej Persolja Yukka Lab AG +386 70 728 836 [email protected] Visit us on social media: LinkedIn Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

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