Latest news with #Cincotta
Business Times
22-07-2025
- Business
- Business Times
Europe: Shares end lower as corporate results, trade anxiety weigh
EUROPEAN shares settled lower on Tuesday, with German equities logging their biggest one-day drop in two months as a batch of disappointing corporate reports and dimming prospects of a US-European Union trade deal weighed on sentiment. The pan-European Stoxx 600 index closed 0.41 per cent lower at 544.34, with Germany's DAX logging a 1.1 per cent drop, easing further from a recent record high. This earnings season is especially of interest for investors as they look for clues on how trade uncertainty and the euro's recent surge are impacting European export-heavy corporates. Latest earnings forecasts showed the outlook for European corporate health has slightly improved, although they are still expected to drop 0.3 per cent on average, according to data compiled by LSEG. A year ago, Stoxx 600 companies on average delivered a 3.0 per cent increase in second-quarter earnings. On Monday, Sartorius Stedim Biotech was among top losers on the Stoxx 600, down 8.1 per cent after the French lab supplies manufacturer reported its half-year results. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up Switzerland's Givaudan lost 5.4 per cent after missing half-year sales forecast due to the Swiss franc's 14 per cent surge this year. Among major lenders, Julius Baer's first half profit took a hit, pressured by loan loss provisions and a charge from the sale of its Brazilian wealth management arm, sending shares of the Swiss bank down 2.1 per cent. Keeping investors wary was also the lack of progress on prolonged negotiations between the US and Europe as they brace for the EU potentially announcing a broader range of counter-measures against Washington and could escalate trade tensions. 'If we see that 30 per cent (US) tariff implemented, followed by potential countermeasures from the European Union, it would significantly hurt the growth outlook for the eurozone - a region where growth is already in a very fragile position,' Fiona Cincotta, senior market analyst at City Index said. Top on the radar for investors is a business activity survey and the European Central Bank's monetary policy verdict later in the week. Markets broadly anticipate that the central bank would leave interest rates unchanged. 'The ECB essentially has their hands tied at the moment until they gain more clarity on what the trade relationship with the US will look like,' Cincotta said. Among others, Dulux paint maker Akzo Nobel declined 3.4 per cent after lowering its core profit outlook for 2025, while Swiss chocolate maker Lindt & Spruengli fell 6.4 per cent as steep hikes in chocolate prices struck half-year volumes. In bright spots, Britain's Compass Group surged 5.4 per cent after the food catering firm agreed to buy European premium food services business Vermaat Groep in a 1.5-billion-euro (S$2.2 billion) deal including debt. Banco BPM closed up 1.2 per cent after Italy's market watchdog has suspended UniCredit's bid for the lender for another 30 days. Attention will be on SAP, the region's largest company by market cap, with its results due later in the day. REUTERS
Yahoo
02-07-2025
- Sport
- Yahoo
Vision comes to light of sneaky Zak Butters act he copied from Nick Daicos
Nick Daicos has found a new admirer in the AFL after new footage emerged of Zak Butters copying a cheeky move of the Collingwood midfielder's in his side's win over Carlton. Blues fans were left frustrated after Thursday night's horror 50-point away loss to Port Adelaide with Michael Voss facing plenty of pressure to stop the form slump. And in the aftermath of the demolition, Butters spoke about a cheeky tactic he developed from his Collingwood rival. On Channel 7, it was revealed after the game that Butters had made a U-turn after looking like he was being substituted to remain on the field. The idea of this was to avoid his tag from Carlton. And Butters admitted he got the idea from watching Daicos lat year. "I watch a lot of vision during the week, I watch lot of footy. I prepare for everything...I actually got it off Nick Daicos. I saw him do it a couple of times last year." And vision has emerged of Butters pulling off the stunt. Butters ran off the field with his tag Alex Cincotta following him across the white line. However, Butters made a quick dash back on the field having not been subbed with Cincotta taking a seat on the bench. The move Zak Butters learnt from Nick Daicos 👀@cleary_mitch — 7AFL (@7AFL) July 1, 2025 This gave Butters an extra few minutes without being pressured to make his mark on the game. Only minutes later Butter took an easy mark in the centre of the field with no Carlton player picking him up. Reporter Mitch Cleary claimed Butters was 'running free' against Carlton in a move that could become more regular when players are being tagged. Against Carlton the 24-year-old midfielder had 30 disposals and 19 handballs in a stellar performance. Butters admitting he likes to learn from his rivals was welcomed by AFL fans with Daicos one of the favourites to take out the Brownlow Medal in 2025. Butters has been enjoying a strong season, but his side remain outside finals footy in 10th place. "Zak Butters, being tagged by Alex Cincotta, pretended to come off the ground, Cincotta was then taken off, but Butters did a u-turn and is now running free." - @cleary_mitch Zak Butters playing 4D chess ♟️ #AFLPowerBlues — 7AFL (@7AFL) June 26, 2025 Port Adelaide's thumping win took them four points above Carlton who now sit in 11th on the ladder with their finals hopes dangling by a thread. And Blues general manager of football Brad Lloyd claimed he is aware Voss and him are targets. Asked if he and Voss would be at the club next year, Lloyd replied: "I'm unsure of that. "We will just stick at it and keep going to work," he told reporters at Melbourne airport on Friday. It's for others to judge. We have been going at it for a little while now and we have had some good times and some down times like we are now." Voss' contract runs till the end of 2026, but faces pressure if his side doesn't make the top eight. Incoming chief executive Graham Wright is known for making changes and will take over from Brian Cook at the end of a season. In ugly scenes after the loss, the club's headquarters were tagged overnight with graffiti to "sack the board". Carlton president Rob Priestley has backed coach Voss to remain in charge at least until the end of the season, but captain Patrick Cripps has also weighed-in. Cripps said the noise was certainly growing louder at Carlton, but he was ready to find out who was willing to fight for the club. 'The thing I really try to focus on as well with the other leaders is making sure we're all on the same page but also trying to keep the energy high … as much as you can, you've got to try and block the external out and it can be loud,' Cripps said on the new vodcast On The Inside.
Yahoo
08-02-2025
- Business
- Yahoo
Cellebrite DI Ltd. (CLBT) Integrates Generative AI into Guardian Platform to Enhance Digital Investigations
We recently compiled a list of the . In this article, we are going to take a look at where Cellebrite DI Ltd. (NASDAQ:CLBT) stands against the other AI stocks. The evolving space of AI has been a major focus these days, as experts and executives are weighing in on how it is reshaping the tech sector. From the rise of open-source models to the shift towards AI agents that perform tasks autonomously, AI is quickly transforming industries. Advancements in large language models are continuing to progress and companies are rethinking their strategies, with some seeing AI as a commodity and others exploring new ways to harness its potential. At the same time, regulatory shifts and market reactions to these technological developments, like the introduction of DeepSeek's R1 model, are creating both opportunities and challenges for the future of AI in tech. Financial Markets analyst, Fiona Cincotta recently discussed AI's impact on tech earnings and the regulatory environment under the new Trump administration on Bloomberg Technology. She highlighted that AI continues to be the main focus for investors, who are eager to see returns from the significant investments made in the sector. The optimism surrounding AI has helped maintain high stock valuations, as investors expect the potential for cost reductions in the future. However, Cincotta noted a divergence between software and hardware companies, with software firms benefiting from fewer restrictions, while chipmakers could face challenges due to tariffs and export limitations. When talking about regulation, Cincotta mentioned that a potential reduction in regulation under the new administration could benefit the tech industry, especially in AI, where regulation is still an open question. She suggested that decreased regulation would likely boost stock prices in the tech sector. She also discussed investor expectations, especially the pressure to see results from AI investments. While AI spending is still seen as crucial, the recent unveiling of DeepSeek raised questions about the sustainability of such investments. Investors are optimistic for now, but as we approach mid-2025, they will expect stronger revenue streams and profit margins. She pointed out that some Big Tech stocks are under scrutiny, with investors looking for solid financial returns as a measure of success. Nevertheless, the Mag7 tech stocks remain a focal point for investor interest. For this article, we selected AI stocks by reviewing news articles, stock analysis, and press releases. We listed the stocks in ascending order of their hedge fund sentiment taken from Insider Monkey's database of 900 hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here). A female engineer in a datacenter, wearing a headset, monitoring digital data. Number of Hedge Fund Holders: 30 Cellebrite DI Ltd. (NASDAQ:CLBT) provides digital forensics solutions for legally sanctioned investigations, offering tools for data collection, analysis, and management across several sectors, including law enforcement and enterprise services. On February 6, Cellebrite introduced Generative AI capabilities within its Guardian evidence management platform which improve efficiency for law enforcement agencies. The AI-driven solution helps investigators quickly summarize and analyze large volumes of data, such as text messages, chat threads, and browsing histories, and provides insights into relationships and crime patterns. Cellebrite's 2024 industry survey found that while AI-related crime is rising, most respondents see AI as a tool to combat crime. Overall CLBT ranks 4th on our list of the AI stocks that are making waves on Wall Street. While we acknowledge the potential of CLBT as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than CLBT but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
08-02-2025
- Business
- Yahoo
Direct Digital Holdings, Inc. (DRCT) Launches AI Council to Empower SMBs in Digital Advertising
We recently compiled a list of the . In this article, we are going to take a look at where Direct Digital Holdings, Inc. (NASDAQ:DRCT) stands against the other AI stocks. The evolving space of AI has been a major focus these days, as experts and executives are weighing in on how it is reshaping the tech sector. From the rise of open-source models to the shift towards AI agents that perform tasks autonomously, AI is quickly transforming industries. Advancements in large language models are continuing to progress and companies are rethinking their strategies, with some seeing AI as a commodity and others exploring new ways to harness its potential. At the same time, regulatory shifts and market reactions to these technological developments, like the introduction of DeepSeek's R1 model, are creating both opportunities and challenges for the future of AI in tech. Financial Markets analyst, Fiona Cincotta recently discussed AI's impact on tech earnings and the regulatory environment under the new Trump administration on Bloomberg Technology. She highlighted that AI continues to be the main focus for investors, who are eager to see returns from the significant investments made in the sector. The optimism surrounding AI has helped maintain high stock valuations, as investors expect the potential for cost reductions in the future. However, Cincotta noted a divergence between software and hardware companies, with software firms benefiting from fewer restrictions, while chipmakers could face challenges due to tariffs and export limitations. When talking about regulation, Cincotta mentioned that a potential reduction in regulation under the new administration could benefit the tech industry, especially in AI, where regulation is still an open question. She suggested that decreased regulation would likely boost stock prices in the tech sector. She also discussed investor expectations, especially the pressure to see results from AI investments. While AI spending is still seen as crucial, the recent unveiling of DeepSeek raised questions about the sustainability of such investments. Investors are optimistic for now, but as we approach mid-2025, they will expect stronger revenue streams and profit margins. She pointed out that some Big Tech stocks are under scrutiny, with investors looking for solid financial returns as a measure of success. Nevertheless, the Mag7 tech stocks remain a focal point for investor interest. For this article, we selected AI stocks by reviewing news articles, stock analysis, and press releases. We listed the stocks in ascending order of their hedge fund sentiment taken from Insider Monkey's database of 900 hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here). A professional executive looking over a blurred city skyline, highlighting the power of programmatic advertising. Number of Hedge Fund Holders: N/A Direct Digital Holdings, Inc. (NASDAQ:DRCT) offers an advertising platform that optimizes campaigns and provides solutions for underserved markets, focusing on small and mid-sized businesses. On February 6, Direct Digital Holdings (NASDAQ:DRCT) launched an AI Council to support small and mid-sized businesses (SMBs) in using AI for digital advertising. The council aims to bridge the AI gap between large corporations and smaller enterprises by providing education, strategy development, technology implementation, and performance monitoring. It will offer workshops, practical guides, and free eBooks to make AI more accessible to SMBs. The initiative will also collaborate with experts to ensure the latest AI innovations are available to improve the competitiveness of smaller businesses in the digital advertising space. Overall DRCT ranks 9th on our list of the AI stocks that are making waves on Wall Street. While we acknowledge the potential of DRCT as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than DRCT but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
08-02-2025
- Business
- Yahoo
Richtech Robotics (RR) Debuts AI-Powered Robot Barista at Clouffee & Tea Grand Opening in Las Vegas
We recently compiled a list of the . In this article, we are going to take a look at where Richtech Robotics Inc. (NASDAQ:RR) stands against the other AI stocks. The evolving space of AI has been a major focus these days, as experts and executives are weighing in on how it is reshaping the tech sector. From the rise of open-source models to the shift towards AI agents that perform tasks autonomously, AI is quickly transforming industries. Advancements in large language models are continuing to progress and companies are rethinking their strategies, with some seeing AI as a commodity and others exploring new ways to harness its potential. At the same time, regulatory shifts and market reactions to these technological developments, like the introduction of DeepSeek's R1 model, are creating both opportunities and challenges for the future of AI in tech. Financial Markets analyst, Fiona Cincotta recently discussed AI's impact on tech earnings and the regulatory environment under the new Trump administration on Bloomberg Technology. She highlighted that AI continues to be the main focus for investors, who are eager to see returns from the significant investments made in the sector. The optimism surrounding AI has helped maintain high stock valuations, as investors expect the potential for cost reductions in the future. However, Cincotta noted a divergence between software and hardware companies, with software firms benefiting from fewer restrictions, while chipmakers could face challenges due to tariffs and export limitations. When talking about regulation, Cincotta mentioned that a potential reduction in regulation under the new administration could benefit the tech industry, especially in AI, where regulation is still an open question. She suggested that decreased regulation would likely boost stock prices in the tech sector. She also discussed investor expectations, especially the pressure to see results from AI investments. While AI spending is still seen as crucial, the recent unveiling of DeepSeek raised questions about the sustainability of such investments. Investors are optimistic for now, but as we approach mid-2025, they will expect stronger revenue streams and profit margins. She pointed out that some Big Tech stocks are under scrutiny, with investors looking for solid financial returns as a measure of success. Nevertheless, the Mag7 tech stocks remain a focal point for investor interest. For this article, we selected AI stocks by reviewing news articles, stock analysis, and press releases. We listed the stocks in ascending order of their hedge fund sentiment taken from Insider Monkey's database of 900 hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here). An industrial tech facility with robotic arms for precision machining components. Number of Hedge Fund Holders: 1 Richtech Robotics Inc. (NASDAQ:RR) manufactures, and sells robotic solutions for automation in industries such as hospitality, healthcare, and retail. Richtech Robotics (NASDAQ:RR) announced that the grand opening of Clouffee & Tea at Town Square, Las Vegas, will take place on February 9, 2025. It marks the debut of the company's AI-driven food and beverage brand, featuring its robot barista, ADAM. ADAM is powered by NVIDIA AI and can interact with customers, take verbal orders, and craft beverages with precision. Richtech Robotics' President, Matt Casella said: 'Today's announcement is a major milestone for Richtech Robotics, marking the official launch of our innovative food and beverage brand, Clouffee & Tea. This grand opening highlights our ability to leverage AI-powered robotics to drive real revenue in the hospitality industry, setting a new standard for automation in customer experiences.' Overall RR ranks 8th on our list of the AI stocks that are making waves on Wall Street. While we acknowledge the potential of RR as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than RR but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
