Lumentum sees sales more than double as AI demand swells
Though Lumentum posted blowout earnings and an upbeat forecast, its stock was largely flat after hours.
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When Faster Isn’t Better: The New Rules of Business Payments
Business customers today have more ways to move money than at any point in recent memory. The arrival of near-instant payment networks like FedNow and RTP has expanded the menu of options, giving companies new ways to balance speed, cost, and security when making payments. In a PaymentsJournal Podcast, Darren Beyer, Chief Product Officer and…
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Dave Ramsey: Steps for Withdrawing From Your Retirement Account
Mark Humphrey/AP/REX / Shutterstock.com Commitment to Our Readers GOBankingRates’ editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services – our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology….
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Finaliza la empresa conjunta entre Kingstone Capital AG Switzerland y Versorgungswerk der Zahnärzte Berlin
Finaliza la empresa conjunta entre Kingstone Capital AG Switzerland y Versorgungswerk der Zahnärzte Berlin (VZB) Gravity Capital Hong Kong se convierte en el nuevo accionista. La transacción se completó el 30 de junio de 2026, poniendo fin a la anterior estructura de empresa conjunta con VZB. ZURICH, 12 de agosto de 2026 /PRNewswire/ — Tras la adquisición…
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A ray of sunshine
Markets had a good week. Global equities gained around 2.6% in both local currency and sterling terms and are now some 1.5% above their high in early June. UK gilts also returned 0.9% and US Treasuries 0.5% last week and even gold regained some of its mojo, gaining 7.5%.The US led the gains, rising 3.4%…
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Marketing isn’t a cost center anymore
For most of its history, marketing lived on the expense side of the ledger. It was the function that built awareness and made the company look good. Its budget was treated accordingly: nice to have, first to cut, hard to defend in a downturn. But that era is ending. There is growing consensus that marketing’s…
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Elon Musk Said SpaceX’s AI Revenue Will Outpace All Its Other Products
Elon Musk has predicted that AI will earn SpaceX more money than its other offerings. On Tuesday, SpaceX posted a 30-minute all-hands recording on X that CEO Elon Musk held with employees, during which he said AI has become an “extremely important part of SpaceX’s future.” “Probably our AI revenue — not probably, definitely —…
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OCC Receives 40 New Bank Applications in 18 Months
The FDIC has implemented a new review process for deposit insurance applications, with new procedures designed to encourage new bank formation, accelerate the review process and improve the efficiency of the application process, the regulator said in a Monday (Aug. 10) press release. The regulator’s new two-phase approach includes providing de novo applicants who satisfy…
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Stock Market Outlook Today, August 12, 2026: Sensex, Nifty Likely To Remain Range-Bound Amid Crude Oil Concerns
Sensex and Nifty are likely to remain cautious on Wednesday, August 12, after the Sensex and Nifty 50 ended the previous session under pressure. Rising crude oil prices remained a key concern for investors, with Brent crude hovering around the $90-per-barrel mark, adding to worries over inflation and market sentiment. Stock Market Outlook Today, 12…
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Eye on Small Business: Square Expands its Credit Card Program; J.P. Morgan Backs Dream Payouts’ Launch – Digital Transactions
Small businesses dominate the U.S. economy, and two payments companies are taking steps to ensure they offer relevant services. First, Square added 3% cash back on Square Bill Pay transactions and the ability to pay vendors even if they don’t accept cards. And, with J.P. Morgan Payments’ backing, Dream Payments launched Dream Payouts to help…
