Latest news with #Vector
Yahoo
5 hours ago
- Business
- Yahoo
Vector AIS Welcomes John Spiridis as SVP of Enterprise Growth & Services
SAN FRANCISCO, June 3, 2025 /PRNewswire/ -- Vector AIS, the modern fund administrator purpose-built for closed-end alternative investment funds, is excited to announce that John Spiridis will join the firm as Senior Vice President, Enterprise Growth & Services, beginning in early June. John brings over two decades of experience spanning fund administration and private markets operations, having held senior roles at industry-leading firms including Credit Suisse, Citco, BNY Mellon, TPG, and most recently Man Varagon. With deep expertise across both the GP and fund administrator perspectives, John is uniquely positioned to help guide Vector's next phase of growth and platform evolution. As Vector continues expanding its footprint across private equity and adjacent private market strategies, John's appointment underscores the firm's commitment to building strategic infrastructure and capabilities that scale with client needs. In his new role, John will lead efforts to strengthen Vector's private equity service offering, refine go-to-market strategies, and support cross-functional growth initiatives across product, delivery, and business development. "We're thrilled to welcome John to the team," said Molly Yakubian, CEO. "His background, values, and vision align closely with where we're headed as a company. John's experience on both sides of the private markets ecosystem gives him an exceptional ability to see around corners and ensure we scale intentionally, sustainably, and always with the client at the center." John's mandate will span asset classes, with an initial focus on private equity. He will also play a key role in shaping the roadmap for Valence, Vector's proprietary technology platform, and in fostering strategic partnerships, referral relationships, and industry visibility through thought leadership. Known for his collaborative approach and emphasis on team culture, John is already resonating with Vector's values and mission. "From the outset, it's been clear that John brings not just exceptional experience, but also the energy, warmth, and curiosity that make Vector special," said Molly. To learn more about John Spiridis, visit his LinkedIn profile. Contact Information hello@ View original content to download multimedia: SOURCE Vector AIS 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
Yahoo
3 days ago
- Business
- Yahoo
Why Unity Software Stock Skyrocketed This Week
Unity stock got a big boost from bullish analyst coverage this week. Solid gains for the broader market also helped lift Unity's share price. Jeffries is seeing signs that Unity's AI-powered digital-advertising platform could power a comeback for the company. 10 stocks we like better than Unity Software › Unity Software (NYSE: U) stock closed out last week's trading with big gains thanks to bullish coverage from an analyst. The company's share price ended this Friday's trading up 25.7% from the previous week's market close. On Friday, Jeffries published new coverage on Unity and upgraded its rating on the stock from hold to buy. Unity's share price also got a boost from bullish momentum for the broader market over last week's trading. The S&P 500 index ended the week up 1.9%. Jeffries released a new note on Unity stock before the market opened on Friday, upgrading its rating on the stock to buy and raising its one-year price target from $22 per share to $29 per share. The investment firm sees signs that Unity's new Vector digital advertising is gaining traction and will help accelerate a turnaround for the business. Vector is using artificial intelligence (AI) to provide better ad targeting for games and applications built on Unity's development platform, and the company is positioning the new software as a key pillar of its comeback strategy. On the one hand, Unity is still in the relatively early stages of its turnaround effort, and the company could continue to see soft sales performance this year as it rolls out Vector and transitions customers to the platform. On the other hand, Jeffries thinks Vector will help power accelerating sales growth next year and beyond. If the new software helps reposition the company as a stronger player in the app advertising market, Unity stock could climb well above current levels. It's too early to say whether that will be the case, but the stock could deliver big upside for risk-tolerant investors. Before you buy stock in Unity Software, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Unity Software wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $651,049!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $828,224!* Now, it's worth noting Stock Advisor's total average return is 979% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Keith Noonan has positions in Unity Software. The Motley Fool has positions in and recommends Unity Software. The Motley Fool has a disclosure policy. Why Unity Software Stock Skyrocketed This Week was originally published by The Motley Fool 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
Yahoo
3 days ago
- Business
- Yahoo
Unity upgraded to Buy at Jefferies on accelerating revenue growth expectations
As previously reported, Jefferies upgraded Unity (U) to Buy from Hold with a price target of $29, up from $22, based on the view that the improved Vector ad model can drive accelerating revenue growth in FY26 and beyond. While acknowledging it is early, the firm says green shoots being seen from Vector, upcoming feature upgrades, and new management give it confidence in at least high-single digit percentage revenue growth in FY26 and it believes the risk-reward is favorable as it sees potential for 'significant EBITDA upside.' Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on U: Disclaimer & DisclosureReport an Issue Unity upgraded to Buy from Hold at Jefferies Unusual call flow in option market yesterday Record call volume in Unity Software opens position 22% above spot Unity Software call volume above normal and directionally bullish Unity price target lowered to $30 from $33 at Needham 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
Yahoo
4 days ago
- Business
- Yahoo
Why Unity Software Inc. (U) Soared On Wednesday
We recently published a list of . In this article, we are going to take a look at where Unity Software Inc. (NYSE:U) stands against other best-performing stocks. Unity Software increased by 12.52 percent on Wednesday to close at $24.54 apiece despite the lack of fresh catalyst to spark buying appetite. In recent news, Unity Software Inc. (NYSE:U) announced that it narrowed its net loss by 73 percent in the first quarter of the year to $77.9 million from the $291.5 million registered in the same period last year, while revenues declined by 5.4 percent to $435 million from $460 million year-on-year on the back of lower revenues from its core businesses. For the second quarter of the year, Unity Software Inc. (NYSE:U) said that it is targeting to hit revenues between $415 million and $425 million, as well as adjusted EBITDA of $70 million to $75 million. A software engineer coding while surrounded by the latest industry tools and technology. Last month, Unity Software Inc. (NYSE:U) launched its AI-powered platform called Vector, as it aims to keep pace with AppLovin Corp. 'Vector is designed to leverage data from across the Unity ecosystem, integrating self-learning artificial intelligence models that will provide deeper insights, optimize performance, and deliver better results for customers,' said Unity President and CEO Matt Bromberg in the company's last earnings call. Overall, U ranks 4th on our list of best-performing stocks. While we acknowledge the potential of U, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than U and that has 10,000x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. 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
RNZ News
26-05-2025
- Climate
- RNZ News
Weather: Slips, power outages, road closures, with more rain to come
Flooding in Nelson on Monday. Photo: Supplied / Valeriya Horyayeva Wild weather has swept through both the North and South Islands, but another wet front is on the way. In the upper South Island, State Highway 6 through Lower Buller Gorge between Inangahua Junction and Westport remains closed. Heavy rain caused multiple slips and surface flooding on the highway on Monday and on Sunday. Motorists are advised to avoid the area and delay their journey if possible. Parts of Dairy Flat in North Auckland were still without power on Tuesday, after strong winds and heavy rain also hit the city overnight. Vector said it was working to restore power after a power pole was damaged by flying debris and vegetation on Monday evening. Fire and Emergency crews were also out in Auckland last night, clearing damaged trees and power lines. But the Fire Service said there had not been any weather-related calls on Tuesday morning. MetService says it'll be a fine day in Nelson today after Monday's deluge but there's more of that wet weather to come. Duty forecaster John Law told Morning Report the rain was starting to clear but it wouldn't last long. "Another area of low pressure runs closer towards us on Wednesday, brings with it some heavy rainfall for places like the western coast of the South Island, parts of Nelson, Tasman and Buller," he said. "You will find that wet weather and windy weather move back towards those western parts of the North Island, so well worth keeping an eye on the forecast - particularly Wednesday and Thursday." Law said Nelson's flooding on Monday was likely because the area was hit with intense bursts of rainfall. "Places like Nelson saw as much as 30-40mm of rain in a very short space of time and it's that intensity in that short course of time that caused most of the issues there." When asked why there wasn't any warning about Monday's weather, he said the forecast was "always a tricky story" and occasionally didn't always go to plan. Sign up for Ngā Pitopito Kōrero , a daily newsletter curated by our editors and delivered straight to your inbox every weekday.
