Frank M 
PFG Advisors raised its position in Wells Fargo & Company (NYSE:WFC) by 3.9% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,046 shares of the financial services provider’s stock after acquiring an additional 302 shares during the period. PFG Advisors’ … Read more
Innovative Eyewear, the developer of ChatGPT-enabled smart eyewear, has reported substantial financial growth for the first nine months of 2024, with net revenue reaching $945,752, representing a 76% increase compared to the same period in 2023. Revenue growth has been attributed to successful product launches throughout the year, including the company’s Lyte XL collection and … Read more
4. Juli 2022 In a recent study, we asked Swiss independent wealth managers about their attitude towards sustainable investments. Surprisingly, survey results indicate that one in two wealth managers includes sustainable investment criteria only on client request, and one in four does not include them at all. The full report can be downloaded here. (1) … Read more
The proposed merger between Pinnacle Financial Partners and Synovus Financial , two Southeast regional banks of similar size, drew a negative reaction from investors in the hours after it was announced, reflecting the market’s distaste for mergers of equals and the risks associated with crossing the $100 billion-asset threshold. Shares of each bank, which fell … Read more
The UK Small and Micro Cap market is awash with undervalued growth opportunities not appreciated by the broader UK equity market, leaving them to trade at low valuations. Many are being bid for by competitors or overseas private equity. We have scoured fund manager commentary for potential hidden gems favoured by professional investors and held … Read more
Goldman Sachs has been rapidly deploying generative artificial intelligence throughout the company. It started giving its 12,000 developers Github Copilot coding assistants last year and is now giving developer teams Cognition’s Devin agentic AI to act as a team member. Most recently, it’s provided its GS AI, a platform that hosts generative AI assistants, to … Read more
Structural steel supplier Severfield (LON: SFR) did better than expected in its underlying trading in the first half. However, there was a £21.9m unexpected contract charge. There are also delays to work because of challenging conditions and poor pricing is hitting margins. This is not unusual. There are plenty of companies that have been hit … Read more
Trovata, a fintech that provides cash management to small- and medium- size businesses, has acquired an enterprise treasury management system to expand its offerings to business customers. It bought Financial Science Corporation’s flagship treasury management system, ATOM, according to a company announcement. With ATOM, Trovata will be able to offer deeper treasury management features such … Read more
Choreo LLC trimmed its holdings in Autodesk, Inc. (NASDAQ:ADSK – Free Report) by 2.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,947 shares of the software company’s stock after selling 140 shares during the quarter. Choreo LLC’s holdings in Autodesk were worth … Read more
Image source: Getty Images According to latest figures from HMRC, Stocks and Shares ISAs have a market value of around £430bn. Although this sounds like a lot, there’s more sitting in Cash ISAs. And while I understand the need to have a ‘rainy day’ fund, I believe this money could be earning a better return … Read more