Latest news with #Ecosystem
Yahoo
23-05-2025
- Business
- Yahoo
Intuit (INTU) Shares Skyrocket, What You Need To Know
Shares of tax and accounting software provider, Intuit (NASDAQ:INTU) jumped 7.6% in the afternoon session after the company reported an impressive "beat and raise" quarter as it upped its full-year EPS guidance and provided revenue guidance for the next quarter that exceeded Wall Street's estimates, sending a clear signal of improved confidence in its business momentum. Adding to the positive, its revenue (fiscal Q3 2025), EPS, and adjusted operating income topped analysts' expectations during the quarter. The outperformance was driven by standout growth in its Global Business Solutions Group, where revenue rose 19%, powered by gains in its Online Ecosystem and QuickBooks Online offerings. Zooming out, we think this was a good "beat-and-raise" print with some key areas of upside. The shares closed the day at $720.10, up 8.1% from previous close. Is now the time to buy Intuit? Access our full analysis report here, it's free. Intuit's shares are not very volatile and have only had 8 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business. The biggest move we wrote about over the last year was 9 months ago when the stock dropped 8.3% on the news that the company reported weak second-quarter earnings results. Its gross margin declined, and its billings missed Wall Street's estimates. The company also provided underwhelming long-term guidance ahead of its investor day session. FY25 growth projection for the Consumer segment was lowered to 6-10% (from prior 8-12%). Similarly, Credit Karma revenue forecast was revised to 10-15% (from the prior 20-25%), while the SBSE ( Small Business and Self Employed) unit was unchanged at 15-20%. Overall, it was a challenging quarter, given the weak outlook. Intuit is up 15.6% since the beginning of the year, and at $720.13 per share, has set a new 52-week high. Investors who bought $1,000 worth of Intuit's shares 5 years ago would now be looking at an investment worth $2,552. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
New Straits Times
20-05-2025
- Business
- New Straits Times
Mara proposes hospital to strengthen Bumiputera role in medical sector
KUCHING: Majlis Amanah Rakyat (Mara) aims to elevate its healthcare services to a higher level through a proposal to establish a Mara Hospital to strengthen Bumiputera participation in the medical sector and professional entrepreneurship. Its chairman Datuk Dr Asyraf Wajdi Dusuki said this initiative is a continuation of the success of Mara-operated clinic networks such as UNI Clinic, UNI Dental and UNI Pharmacy, which now number 140 branches nationwide. "We already have clinics. Why not, one day, have a Mara Hospital as well," he said during the launch of UNI Klinik Metrocity here today. He said Mara has an advantage through a comprehensive ecosystem that includes education, such as the UniKL Royal College of Medicine Perak in Ipoh, which offers medical and pharmacy courses, as well as student financing programmes both domestically and abroad. Asyraf Wajdi said Mara intends to unite all layers of students, alumni, entrepreneurs and investors into a strategic ecosystem called 'Mara Ecosystem 2.0'. "It is time to gather all those who have benefited from Mara into an extensive network of Bumiputera entrepreneurs and investors. "The achievements of Bumiputera should be measured through the 3P Agenda, namely, participation by ensuring more Bumiputera are involved in strategic sectors. "Secondly, ownership, by increasing Bumiputera ownership of assets, companies and businesses and thirdly, dominance, by establishing Bumiputera as dominant players in high-value economic sectors such as healthcare and technology. "We cannot just be proud of how many doctors we produce. "We must measure how many doctors can become entrepreneurs, and subsequently manufacturers and suppliers," Asyraf Wajdi said. He said Mara must operate as a large conglomerate with full coordination across education, entrepreneurship and investment. – Bernama
GSM Arena
09-05-2025
- GSM Arena
Huawei unveils its own PC operating system
Huawei's emancipation from Western dependencies is progressing. The latest piece puts HarmonyOS on every device — meet HarmonyOS PC (or Hongmeng Computer for the Chinese market), Huawei's very own computer operating system. The unveiling came during Huawei's HarmonyOS Computer Technology and Ecosystem Communication Event (yeah, that's a mouthful) at the hands of Zhu Dongdong - Huawei's President of tablets and PCs. HarmonyOS PC is based around three core pillars - HarmonyOS Base, HarmonyOS Ecosystem, and HarmonyOS Experience. The Base features the HarmonyOS kernel, the Ark Engine for graphics and UI performance, the StarShield architecture for security, and various other backend components. HarmonyOS Ecosystem includes more than 150 exclusive apps and integration for more than 2000 universal ecosystem apps. There's an integrated WPS office and various apps to meet basic computing requirements. HarmonyOS Experience brings support for more than 1000 external devices - 800 standard peripherals and 20 device categories like keyboards, mice, and monitors. There are also more than 200 secondary devices, like printers, scanners, and more. As you can imagine, HarmonyOS PC has deep AI integration too! Huawei didn't share much about the UI, but looking at this video, which the company posted on its Weibo account, the OS has a dock of icons at the bottom center of the homescreen, not unlike Apple's macOS. Huawei says that its HarmonyOS PC is coming on May 19! Source | Via
Business Wire
06-05-2025
- Business
- Business Wire
Northern Trust Joins Project Ensemble to Test the Tokenization of Carbon Credits in a Cross-Border Setting
HONG KONG--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) today announced it has joined Project Ensemble, a Hong Kong Monetary Authority (HKMA) initiative, to help develop an experimental framework for cross-border trading of digital carbon credits. Project Ensemble is the HKMA's initiative aimed at supporting and shaping the development of the tokenization ecosystem in Hong Kong. In this collaboration, industry pioneers will test a framework for the cross-border trade of tokenized carbon credits. The collaboration aims to explore how overseas investors can seamlessly access tokenized voluntary carbon credits traded in Hong Kong. The project will be supported by The Northern Trust Carbon Ecosystem™, a fully digital platform for the end-to-end lifecycle management of digital carbon credits which utilizes private ledger digital blockchain technology. The initiative will leverage The Northern Trust Carbon Ecosystem's seamless settlement experience by recording, transferring and settling digital carbon credits as instructed in its role as designated custodian. Project Ensemble, launched in 2024, is the HKMA's initiative aimed at supporting and shaping the development of the tokenization ecosystem in Hong Kong. Central to this initiative is the Ensemble Sandbox, which is now facilitating the testing of tokenization use cases across different areas, including green and sustainable finance. In the Ensemble Sandbox, Northern Trust, along with other industry pioneers, will test a framework for the cross-border trade of tokenized carbon credits. Northern Trust announced the formal launch of The Northern Trust Carbon Ecosystem in September 2024. The ecosystem connects institutional buyers with project developers focused on climate solutions to avoid, reduce, or remove greenhouse gases in the atmosphere. Buyers can purchase digital carbon credits directly from project developers and retire these against their emissions footprint. The Northern Trust Carbon Ecosystem can support a variety of verified carbon credits, including those from removal and avoidance, providing a unified and fully transparent ledger. Justin Chapman, Group Head of Strategic Partnerships, Digital Assets and Financial Markets at Northern Trust, said: 'Our participation in Project Ensemble represents a significant step in bridging digital asset innovation with sustainable finance on a global scale. By collaborating with industry peers and regulators in Hong Kong, we are exploring new ways to connect markets and facilitate cross-border carbon credit transactions. This initiative exemplifies Northern Trust's strategy of partnering to drive innovation – leveraging our Carbon Ecosystem and digital asset expertise to help develop robust market infrastructure that can accelerate climate action and benefit investors worldwide.' Angelo Calvitto, Head of Asia Pacific at Northern Trust, said: 'The Asia-Pacific region's financial and digital innovation is unmatched in vibrancy and pace, with Hong Kong cementing its position as a leading hub for sustainable finance and tokenization. Northern Trust's participation in Project Ensemble underscores our commitment to being at the forefront of this regional transformation, connecting tokenized markets and building the cross-border sustainable finance infrastructure that will power the next generation of financial services. We are confident that this collaborative initiative will unlock new opportunities across APAC's dynamic markets and help shape the future of finance.' About Northern Trust Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 24 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of March 31, 2025, Northern Trust had assets under custody/administration of US$16.9 trillion, and assets under management of US$1.6 trillion. For more than 135 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit us on Follow us on Instagram @northerntrustcompany or Northern Trust on LinkedIn.
Technical.ly
02-05-2025
- Business
- Technical.ly
Meet these 10 ecosystem leaders and more at the Technical.ly Builders Conference
Philly Tech Week 2025 is right around the corner, and that means it's once again time for the Builders Conference. The annual gathering of entrepreneurship and innovation leaders is bigger and better than ever this year, with two days of insightful discussions and opportunities to connect with like-minded peers from 20+ states. The first day, May 8, is focused on Ecosystem Storytelling, and will take place at the Science History Institute. May 9, the conference will be at the Comcast Technology Center with conversations will be around Economic Mobility. Read on to learn about some of the partners you'll find at the event, and check out the full list of speakers and sessions on the registration page. May 8 — Ecosystem Storytelling Vanessa Chan, University of Pennsylvania Who: 'Vanessa Chan is an accomplished entrepreneur, angel investor, speaker and educator renowned for her expertise in commercializing technologies. She is the inaugural Vice Dean of Innovation & Entrepreneurship at the University of Pennsylvania's Engineering School and the Jonathan & Linda Brassington Professor of Practice. In 2021, Dr. Chan was appointed by President Biden to serve as the Chief Commercialization Officer at the U.S. Department of Energy and the Director of the Office of Technology Transitions.' Session: Discussion: The State of Ecosystem Storytelling (9:45 a.m.) Tammi Thomas, TEDCO Who: 'As TEDCO's Chief Development & Marketing Officer, Tammi Thomas is responsible for the overall strategic direction, execution and management of TEDCO's marketing and fundraising strategies. Her leadership is instrumental towards the organization's success in identifying, investing in, and growing Maryland-based technology and life science-based start-ups. Tammi is an award-winning communicator with more than 30 years of experience in marketing, technology, economic development, higher education, and entrepreneurship.' Session: Ecosystem Building is a Job Now: Organizing, Connecting & Storytelling (10:30 a.m.) Tally Wolff, Arlington Economic Development Who: 'Tally Wolff is the Startup Ecosystem Manager at Arlington Economic Development, where she runs the Arlington Innovation Fund, an initiative aimed at supporting and growing the region's startup ecosystem. She's spent her career helping entrepreneurs thrive, starting at Ashoka, launching a social enterprise accelerator in Columbus (SEA Change), and later running programs at the edtech startup WeThrive. Most recently, she's helped nontraditional talent break into tech through coding bootcamps like Generation USA and Tech Elevator.' Session: Remote vs. Hybrid for Startups: Recruiting & Ecosystem Engagement (10:30 a.m.) Jason Bannon, Greater Philadelphia Chamber of Commerce Who: 'Jason Bannon believes in the power of good stories to build meaningful connections. He leads marketing and communications for the Chamber of Commerce for Greater Philadelphia, bringing more than 20 years of brand marketing experience in for-profit and non-profit businesses to the role. A Temple University graduate and native to Greater Philadelphia, his experience with Ben Franklin Technology Partners of Southeastern Pennsylvania advocated for the growth of Greater Philadelphia and its tech, life sciences, and innovation communities. A veteran of consumer and B2B marketing roles for global and regional brands, he proudly spreads the word that Philadelphians have, can, and will continue to change the world.' Session: Ecosystem Storytelling is about People, not just Places (11:30 a.m.) Ben Bartolome, JPMorgan Who: 'Ben Bartolome is a Vice President of Startup Banking at JPMorgan, supporting pre-seed and seed-stage startups in their growth journey from start to exit. Prior to joining JPMorgan, he was the co-founder and CEO of Walkthrough, a Philly-based B2C fintech dedicated to making financial wellness and advice accessible to anyone who needs it. Earlier in his career, he was also a data scientist and quant in the energy space for different hedge funds, proprietary trading firms, and large financial institutions.' Session: Honing Your Pitch: For Sales, Investors & Employees (11:30 a.m.) Anthony George, Ben Franklin Technology Partners Who: 'Anthony George is a Venture Capital Associate for the Tech Investment Group at Ben Franklin Technology Partners where he assists with sourcing, due diligence, and portfolio administration. Prior to joining Ben Franklin in 2021, Anthony held a position at the University of Delaware's Office of Economic Innovation and Partnerships. Prior to that role, for nearly a 10-year period, Anthony was involved with the launch, management, and growth of five small businesses in several different industries, including information technology. These businesses achieved nearly $12 million in annual sales in 2019.' Session: VC Roundtables: Telling Your Story to Investors (3:00 p.m.) Kimberly Klayman, Ballard Spahr Who: 'Kimberly W. Klayman is the Practice Leader of the Emerging Companies and Venture Capital Group. Kimberly has broad experience representing privately held emerging companies, as well as venture capital, private equity funds, family offices and corporate venture groups that invest in high growth companies. She works with companies through the entire corporate life cycle, including pre-formation and general corporate counseling, venture capital financings, and mergers and acquisitions. Kimberly also counsels investors and platform companies in strategic acquisitions of high growth companies.' May 9 — Economic Mobility Danae Mobley, 1Philadelphia Who: 'At every age, people are owed the right to acquire knowledge and explore their true potential. Danae's work is centered on being the conduit between what's possible and actualization. For more than two decades, Danae has built a career centered in innovation as an educator-turned-urban planner — turned CEO. She currently sits at the helm as Chief Executive Officer of Coded by, a Philadelphia-based nonprofit that equips underrepresented people with the tools needed to either lead or start their own tech or innovation-focused companies. Additionally, she serves as Executive Director of 1Philadelphia — a citywide initiative aimed at establishing Philadelphia as a hub for equitable tech and innovation.' Our emcee for the day! Scott Nissenbaum, Ben Franklin Technology Partners Who: 'Scott Nissenbaum is President, Chief Executive Officer, and member of the Board of Directors at Ben Franklin Technology Partners. He believes that technology can make the world a better place and has dedicated his career to that ideal. Prior to becoming President and CEO at Ben Franklin, Scott served as its Chief Investment Officer and Executive Vice President, where he led the organization's investment group, a team of 10 investment professionals making seed and early-stage investments across IT, Digital Health, Life Sciences, and Advanced Manufacturing.' Session: Discussion: Case Studies on Entrepreneurship Access (10 a.m.) Haniyyah Sharpe-Brown, Accenture Who: 'Haniyyah Sharpe-Brown serves as the Senior Manager of Operations and Strategic Programs at Accenture, overseeing operations in Philadelphia and Pittsburgh. Her role is crucial in enhancing connections with the local business community, managing operations, and fostering collaborative opportunities for social impact. She leads the Philadelphia Apprentice Network, engaging apprentices, employers, and partners to promote skill-building and career advancement. Additionally, she is a member of the Governor's Advisory Commission on African American Affairs and serves on the Board of Directors for Philadelphia Works.'
