NVIDIA exec: banks must prep for AI boom
CFO Dive
JULY 25, 2023
While generative AI has potential, this “new generation of AI doesn't run well, at all, on the current computer infrastructure that banks have,” NVIDIA’s Malcom DeMayo said.
CFO Dive
JULY 25, 2023
While generative AI has potential, this “new generation of AI doesn't run well, at all, on the current computer infrastructure that banks have,” NVIDIA’s Malcom DeMayo said.
Barry Ritholtz
JULY 25, 2023
Over the weekend, I noticed someone was wrong on the internet. Anthony Pompliano is a crypto fan who has amassed a huge (1.6 million) following on Twitter. As the Tweet (X?) above shows, he made a newbie error looking at the performance of the S&P500: He left out dividends, thereby omitting most of the returns. I replied 1 to the tweet, politely pointing out that my colleague Ben Carlson had previously explained that “since 1928, equity market returns including dividends are 70% higher than
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CFO Dive
JULY 25, 2023
Eva Boratto joins the Columbus, Ohio-based personal products maker — long a familiar storefront inside many retail properties — as it shifts away from malls.
CFO News
JULY 25, 2023
Indian scheduled commercial banks have recovered around Rs 10 lakh crore from non-performing assets (NPAs) in the last nine financial years, according to the country's finance ministry. Minister of State for Finance Bhagwat Karad added that the Insolvency and Bankruptcy Code, 2016 and the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 have helped change the credit culture.
Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem
Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.
CFO Dive
JULY 25, 2023
The funds will be invested toward product development, growing the company’s team and accelerating its “go-to-market strategy,” according to Bunker CEO Shivom Sinha.
Corporate Finance Brief brings together the best content for corporate finance professionals from the widest variety of industry thought leaders.
CFO Dive
JULY 25, 2023
The Federal Reserve is widely expected to raise the benchmark rate again this week. Finance executives must adjust their strategies, PwC’s Wes Bricker asserts.
CFO News
JULY 25, 2023
Agarwal possesses over 15 years of experience in the finance domain and has worked previously with OYO as the India CFO as well as in companies like Airtel and Vodafone.
CFO Dive
JULY 25, 2023
One of Silicon Valley’s highest-profile CFOs, Ruth Porat will be stepping down from the top finance role after about eight years to become the tech giant’s president and chief investment officer.
CFO News
JULY 25, 2023
Capital markets regulator Sebi has received 4,085 complaints pertaining to the flouting of corporate governance norms against 1,551 companies in the last four-and-half years, Parliament was informed on Tuesday.
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CFO Dive
JULY 25, 2023
The tentative deal is a welcome development for the shippers and businesses that rely on UPS. The agreement still needs to be reviewed and voted on by union-represented employees.
CFO Thought Leader
JULY 25, 2023
Among the different career highlights that Chris Kramer shares with us, perhaps none is as memorable as what might be called his “Indiana Jones moment.” Having distinguished himself as a “technical accountant” during the first half of his career, Kramer was often dispatched to observe and scrutinize the accounting practices of prospective acquisition targets in foreign lands—a succession of deployments that led him to frequently encounter unexpected circumstances.
Future CFO
JULY 25, 2023
The top strategic business priority shared by CFOs and CEOs is growth while they rate inflation as a top factor damaging their organisations, said Gartner recently. Though they see inflation as damaging, they are less likely to favour raising prices than they were in 2022, the research firm noted. According to a Gartner survey of 422 actively employed CEOs, CFOs, and other senior executive business leaders conducted through December 2022, 45% of CEOs surveyed ranked growth in their top three str
CFO News
JULY 25, 2023
Hello, happy hump day, but maybe not for Byju’s. Peak XV Partners, formerly Sequoia India, has told its investors that it will have to significantly mark down the value of its holding in Byju’s as it was in the dark about the company’s finances. This and more in today’s ETtech Morning Dispatch.
Speaker: James Kahler, COO of Full Course
Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.
The Reformed Broker
JULY 25, 2023
Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►Dow Win Streak – “U.S. stocks closed higher, with the Dow posting its longest win streak in over six years” ►Earnings Recession – The earnings recession everyone’s talking about is backward lo.
CFO News
JULY 25, 2023
Rating agency ICRA said it expects the revenues of its sample set of 25 Indian pharmaceutical companies which account for 60% of the overall Indian pharmaceutical industry to grow by 7-9% in FY24.
Capital CFO LLC
JULY 25, 2023
Starting a business is an exciting venture, but it can also be overwhelming, especially when it comes budgeting for a startup and managing your finances. As a startup founder, getting […] The post Budgeting for a Startup: Tips for Getting Your Finances in Order appeared first on Capital CFO+.
CFO News
JULY 25, 2023
The Centre has transferred over Rs 3.09 lakh crore to states out of the Rs 10.21 lakh crore that are budgeted for the current fiscal year, according to Pankaj Chaudhary, the Minister of State for Finance. As a response to a question in the Lok Sabha, he explained that there is no pending payment in terms of the amount that needs to be devolved to states from the Centre.
Speaker: Jamie Eagan
As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of
One to One
JULY 25, 2023
There are five different phases of company growth that a business will experience within it´s life cycle. According to Statista, in 2021, there were a total of 333.34 million active companies worldwide. Every company has it´s Read More. The post Phases of company growth appeared first on ONEtoONE Corporate Finance.
CFO News
JULY 25, 2023
The Knight Frank-Naredco Real Estate Sentiment Index for April-June 2023 showed a rise in both current and future sentiment scores to the optimistic zone. The underlying demand remains firm, and the performance of both office and residential property markets is expected to be robust.
The Reformed Broker
JULY 25, 2023
Final Trades: 3M, Live Nation, M&T Bank & more from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.
CFO News
JULY 25, 2023
Air India, which is undergoing a brand refurbishment strategy, has decided to remove the Maharajah mascot from its brand identity. The company wants to become the preferred airline for business travellers and corporate executives and feels that the mascot, though successful, no longer resonates with these kinds of customers.
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Fox Corporate Finance
JULY 25, 2023
May 2023: Biotechnology Medical Technology Health Technology Funding Volume (€m) 0 Trend Funding Volume (€m) 0 Trend Funding Volume (€m) 0 Trend Biotechnology Funding Volume (€m) 0 Trend Medical Technology Funding Volume (€m) 0 Trend. Read more The post Venture Capital Sentiment Tracker – June 2023 appeared first on FCF Fox Corporate Finance GmbH.
CFO News
JULY 25, 2023
The impact of climate shocks and uncertainties surrounding it can make measurement and management of inflation and anchoring of inflation expectations difficult, the Reserve Bank of India said, calling out all stakeholders for a coordinated effort to protect the economy from shocks.
Centage
JULY 25, 2023
Businesses across numerous industries use Microsoft Excel spreadsheets to accomplish a wide range of tasks, including bookkeeping, accounting, and project management. Excel formulas can make performing simple calculations easy and automatic. Though some businesses rely on Excel for budgeting and financial management needs, the software has some notable disadvantages that may make it a less-than-optimal solution for your business.
CFO News
JULY 25, 2023
India's data centre market is booming, with investments totalling $10bn since 2020 and a projected doubling of data centre stock to reach 20 million square feet by 2025, according to property consultant Colliers India. Global majors such as Google, Microsoft and Amazon have already built hyperscale data centres in the country, while AdaniConneX has raised $213m for a 67 MW data centre portfolio in Noida and Chennai.
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