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Cary Street Partners Financial LLC lowered its position in shares of Exxon Mobil Corporation (NYSE:XOM – Free Report) by 5.4% in the third quarter, HoldingsChannel reports. The fund owned 124,442 shares of the oil and gas company’s stock after selling 7,168 shares during the period. Cary Street Partners Financial LLC’s holdings in Exxon Mobil were worth $14,031,000 as of its most recent SEC filing. A number of other hedge funds and other institutional investors also recently made changes to their positions in XOM. Ipsen Advisor Group LLC grew its position in Exxon Mobil by 1.6% in the third quarter. Ipsen…

The chip maker’s results are unlikely to be much of a catalyst for the stock as investors look forward to the GTC in March, one analyst says

eNovate, a subsidiary of eFinance Investment Group, and Cobi, a UAE-headquartered AI-native customer intelligence platform, have entered into a strategic partnership to integrate AI-powered intelligence across Egypt’s digital payment ecosystemThe collaboration, enabled through Mastercard’s Engage programme, is designed to redefine how young people across Egypt engage with digital financial services. By combining eNovate’s payment suite with Cobi’s engagement platform, financial institutions will gain access to a new level of intelligence, personalisation, and behavioural insight.Targeting the youth segment with ‘Rize’The initiative will initially roll out through the Rize app, eNovate’s flagship digital wallet. Cobi’s intelligence layer will be used to power…

In an exclusive interview with Reuters, former Bank of Japan chief, Haruhiko Kuroda expressed concerns about potential inflationary upswing coming from Takaichi’s big spending plans and a weak yen. Kuroda is famous for leading the BoJ during the Abenomics era. He launched a massive monetary stimulus in 2013 in an attempt to bring Japan out of deflation. Now, Kuroda is calling for tighter monetary and fiscal policy as the economic context is the opposite of what he experienced in the last decade. “When Abenomics was deployed, Japan was suffering from deflation and a strong yen. Now, Japan is experiencing inflation…

(RTTNews) – Ageas (AGS.BR) reported that its fiscal 2025 Group Net Operating Result was 1.65 billion euros, an increase of 33% from last year. Net Operating Earnings per share was 8.80 euros compared to 6.78 euros. Adjusted for one-off impact, assuming a 25% tax rate, Net Operating Result would amount to 1.35 billion euros, representing an year-on-year growth of more than 9%. Net Result was 1.71 billion euros compared to 1.12 billion euros, prior year. Fiscal 2025 Gross inflows were 19.62 billion euros compared to 18.31 billion euros, last year. For fiscal 2026, the Group expects Net Operating Result to…

Cava, the fast-casual Mediterranean restaurant chain, reported record-breaking revenue for fiscal year 2025 on Tuesday and forecast sales growth for fiscal year 2026.Shares gained roughly 10% in extended trading Tuesday. “While there are a lot of factors around us that are creating pressures from a margin perspective, our model has allowed us to be very thoughtful and minimize price increases to our guests and to consumers in general, which really helps elevate our value perception,” CFO Tricia Tolivar told CNBC. Though the company said last quarter that it saw a pullback among younger consumers, Tolivar said that trend came to…

Analyst Report: Global Payments, Inc.

Another AI-related headline involving a Mag 7 member has hit the headlines once again. But is anybody really surprised?AMD and Meta Build Deeper RelationshipThis time, it’s Advanced Micro Devices AMD and Meta Platforms META in the news, with the companies agreeing to a definitive multi-year partnership to deploy up to six gigawatts of AMD Instinct GPUs to support the development and deployment of META’s broader AI buildout.Unsurprisingly, the deal further reinforces META’s massive spending on its broader AI mission, with the company forecasting total FY26 expenses in a band of $162 – $169 billion, the majority of which is allocated…

Free NewsletterGet the hottest Fintech Singapore News once a month in your InboxTriple-A is expanding its cross-border remittance network through a partnership with Mastercard.The company has integrated Mastercard Move into its remittance-as-a-service platform to support faster international payouts for banks, fintech firms and telecom operators.The move enables European financial institutions to launch global remittance services with near real-time settlement and improved liquidity management.Banks in the Middle East, Africa and Latin America can also use Triple-A’s infrastructure to facilitate remittance flows from Europe to key home markets.Triple-A, a licensed global payment institution, said the collaboration marks another step in its continued…

Zambia, Africa’s second-biggest copper producer, will use larger-than-expected mining revenues to start a stabilization fund this year, a senior treasury official said, ensuring the government has a buffer when a red-hot rally in the metal fades.