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Vodafone Idea share will be in focus on Tuesday after the company’s board approved the issuance of up to 175.53 crore equity shares worth Rs 1,980 crore on a preferential basis. The shares will be issued at a price of Rs 11.25 per share, which is a premium of 39% to Monday's closing price and modestly higher than the FPO price of Rs 11 per share. The shares aggregating up to Rs 1,280 crore will be issued to Omega Telecom Holdings Private Limited while worth Rs 700 crore to Usha Martin Telematics Limited. Both are Vodafone Group entities and promoters of the company. Omega Telecom Holdings held 0.40% stake in Vodafone as on September 30, 2024 while Usha Martin's stake stood at 0.13%. 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It sold its entire remaining through a series of block deals with prominent global investment banks, alternative asset managers, large overseas fund houses, hedge funds, local mutual funds, and pension funds, raising around Rs 2,801.7 crore. This move completes Vodafone’s exit from the Indian tower company, which is now a subsidiary of Bharti Airtel . Vodafone Idea narrowed its losses to Rs 7,176 crore in the September quarter of FY25, compared with Rs 8,738 crore in the same quarter of last year. Revenue from operations in the reporting period rose marginally by 2% year-on-year (YoY) to Rs 10,932 crore. On a sequential basis, loss has widened from Rs 6432 crore posted in the preceding June quarter. Meanwhile, revenues improved 4% quarter-on-quarter, aided by the recent tariff hikes undertaken by all private operators. EBITDA for the quarter increased to Rs 4550 crore in the reporting quarter. This compares with Rs 4283 crore in the last year quarter. Cash EBITDA excluding Ind AS 116 impact improved to Rs 2320 crore, highest since the merger, growing by 10% QoQ. Also Read: Torrent Power raises Rs 3,500 crore in maiden QIP On Monday, Vodafone Idea shares closed at Rs 8.1, down 0.25% on the BSE, while the benchmark Sensex declined 0.25%. The stock has dropped 49% in the past six months and over 52% year-to-date, with the company’s market capitalization now at Rs 56,456 crore. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel )Jayden Daniels sets record for most rushing yards by a rookie QB in NFL historyAI Virtual Assistants Market Is Booming So Rapidly | Google Assistant, Amazon Alexa, Apple Siri 12-24-2024 05:32 PM CET | Advertising, Media Consulting, Marketing Research Press release from: HTF Market Intelligence Consulting Pvt. Ltd. AI Virtual Assistants Market HTF MI recently introduced Global AI Virtual Assistants Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2024-2032). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence. Some key players from the complete study are Google Assistant, Amazon Alexa, Apple Siri, Microsoft Cortana, IBM Watson, Nuance Communications, Baidu DuerOS, Alibaba AliGenie, Samsung Bixby, SoundHound, Rasa, LivePerson, Avaamo. Download Sample Report PDF (Including Full TOC, Table & Figures) 👉 https://www.htfmarketreport.com/sample-report/3984829-global-ai-virtual-assistants-market?utm_source=Akash_OpenPR&utm_id=Akash According to HTF Market Intelligence, the Global AI Virtual Assistants market is expected to grow from 12 Billion USD in 2024 to 40 Billion USD by 2032, with a CAGR of 16% from 2024 to 2032. The AI Virtual Assistants market is segmented by Types (Conversational AI, NLP, Speech Recognition, Image Recognition), Application (Customer Service, Smart Devices, Healthcare, E-commerce) and by Geography (North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA). Definition: This market includes AI-powered software capable of performing tasks, answering queries, and assisting businesses or individuals through voice or text interactions. Applications include customer service, personal productivity, and smart devices. Dominating Region: • North America Fastest-Growing Region: • Asia-Pacific Market Trends: •Emotional AI, Multilingual Support, Custom AI Models Market Drivers: •AI Advancement, Smart Device Adoption, Demand for Automation Market Challenges: •Data Privacy, Bias in AI, Complexity in Training Have a query? Market an enquiry before purchase 👉 https://www.htfmarketreport.com/enquiry-before-buy/3984829-global-ai-virtual-assistants-market?utm_source=Akash_OpenPR&utm_id=Akash The titled segments and sub-section of the market are illuminated below: In-depth analysis of AI Virtual Assistants market segments by Types: Conversational AI, NLP, Speech Recognition, Image Recognition Detailed analysis of Tank Container Shipping market segments by Applications: Customer Service, Smart Devices, Healthcare, E-commerce Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions: • The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.) • North America (United States, Mexico & Canada) • South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.) • Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.) • Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia). Buy Now Latest Edition of AI Virtual Assistants Market Report 👉 https://www.htfmarketreport.com/buy-now?format=1&report=3984829?utm_source=Akash_OpenPR&utm_id=Akash AI Virtual Assistants Market Research Objectives: - Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years. - To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks). - To analyze the with respect to individual future prospects, growth trends and their involvement to the total market. - To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market. - To deliberately profile the key players and systematically examine their growth strategies. FIVE FORCES & PESTLE ANALYSIS: In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry. • Political (Political policy and stability as well as trade, fiscal, and taxation policies) • Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates) • Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles) • Technological (Changes in digital or mobile technology, automation, research, and development) • Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions) • Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability) Get 10-25% Discount on Immediate purchase 👉 https://www.htfmarketreport.com/request-discount/3984829-global-ai-virtual-assistants-market?utm_source=Akash_OpenPR&utm_id=Akash Points Covered in Table of Content of Global AI Virtual Assistants Market: Chapter 01 - AI Virtual Assistants Executive Summary Chapter 02 - Market Overview Chapter 03 - Key Success Factors Chapter 04 - Global AI Virtual Assistants Market - Pricing Analysis Chapter 05 - Global AI Virtual Assistants Market Background or History Chapter 06 - Global AI Virtual Assistants Market Segmentation (e.g. Type, Application) Chapter 07 - Key and Emerging Countries Analysis Worldwide AI Virtual Assistants Market Chapter 08 - Global AI Virtual Assistants Market Structure & worth Analysis Chapter 09 - Global AI Virtual Assistants Market Competitive Analysis & Challenges Chapter 10 - Assumptions and Acronyms Chapter 11 - AI Virtual Assistants Market Research Methodology Key questions answered • How Global AI Virtual Assistants Market growth & size is changing in next few years? • Who are the Leading players and what are their futuristic plans in the Global AI Virtual Assistants market? • What are the key concerns of the 5-forces analysis of the Global AI Virtual Assistants market? • What are the strengths and weaknesses of the key vendors? • What are the different prospects and threats faced by the dealers in the Global AI Virtual Assistants market? Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, Japan, Australia or Southeast Asia. Nidhi Bhawsar (PR & Marketing Manager) HTF Market Intelligence Consulting Private Limited Phone: +15075562445 sales@htfmarketreport.com About Author: HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to empower businesses with growth strategies. We offer services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making. This release was published on openPR.
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Netflix ( NFLX ) stock has closed at a fresh record every day this past week — and it could keep soaring. A growing number of analysts are calling for the streaming giant's shares to soon trade in the quadruple digits. On Wednesday, Pivotal Research analyst Jeff Wlodarczak raised his price target on Netflix to a Street high of $1,100 a share, implying over 20% upside based on current trading levels of around $900. Bank of America's Jessica Reif Ehrlich followed one day later, boosting her target to $1,000 from $800. Jefferies analyst James Heaney also raised his target to $1,000 earlier this week. The price target increases come despite some concerns over slowing growth for the streaming giant. Wall Street analysts who cover Netflix have a median price target of just around $800 a share, according to the latest Bloomberg consensus estimates. One of the main catalysts for the recent price target boosts is the company's continued foray into live events, with the most recent boxing match between Jake Paul and Mike Tyson attracting over 108 million global viewers last weekend to become the most-streamed sporting event of all time. For context, the 2024 Super Bowl, which was the most-watched American TV broadcast ever , pulled in 124 million US viewers. The Netflix event's impressive numbers came despite the streamer experiencing several technical glitches throughout the broadcast, which analysts (and investors) mostly shrugged off. "We view the event as a (very) successful learning experience for NFLX and expect these technical issues will not happen again with future live events," Pivotal Research's Wlodarczak wrote on Wednesday. The analyst said the event's success likely means Netflix will "accelerate its offerings of 'eventized' live programming," which will help lower subscriber churn and increase the streamer's ability to raise prices. "The NFLX service remains a highly compelling, frankly relatively inexpensive, entertainment alternative for consumers, which bodes well for future subscriber/average revenue per user growth," he said. Since the start of the year, Netflix shares have surged over 85%, far outpacing the broader markets and streaming rivals, including Disney ( DIS ) and Comcast ( CMCSA ). Much of the uptick has been driven by the company's push into live content and the positive impact that could have on its ad-supported offering. Last week, Netflix said its ad tier, now two years old, has reached 70 million global monthly active users , a significant jump from the 40 million users the company revealed at its second Upfront presentation in May. Netflix's next big live event will be its NFL Christmas Day doubleheader, with the Kansas City Chiefs vs. Pittsburgh Steelers and the Baltimore Ravens vs. Houston Texans. Beyoncé will serve as the headline performer during the Ravens vs. Texans halftime show, which analysts said should help attract viewers outside of the US. The company inked a three-season deal with the NFL earlier this year to air the Christmas Day games, which will be produced by CBS Sports ( PARA ). The streamer reportedly coughed up about $75 million per game, according to the Wall Street Journal. Jefferies' Heaney, who described the success of the Paul-Tyson match as a "breakthrough" moment for Netflix's live events strategy, said he's increasingly confident the NFL Christmas Day games will outperform linear viewership and serve as a catalyst to ad growth. BofA's Reif Ehrlich agreed, adding, "Live and advertising are complementary growth drivers, as more live programming drives additional high value, premium ad inventory. Netflix's ability to monetize this premium live inventory will be key to making advertising a multiyear growth driver." Netflix recently beat Wall Street expectations across every major financial metric in its third quarter results on Oct. 17 , with shares surging to all-time highs as many analysts call Netflix the winner of the hard-fought streaming wars. Still, the company recently revealed that year-over-year engagement levels came in roughly flat — a potential headwind when it comes to its ability to raise prices and boost growth. "With much of the subscriber growth seemingly representing improved monetization of an existing (and not growing) user base, we question whether the momentum can continue into next year," MoffettNathanson analyst Robert Fishman wrote in a recent note to clients. Valuation has also been a concern, with Fishman adding that Netflix's stock "is massively expensive for a company whose own guidance implies a revenue deceleration into 2025." Last month, Netflix said its revenue growth is expected to slow from an expected 15% this year to between 11% and 13% in 2025. Alexandra Canal is a Senior Reporter at Yahoo Finance. Follow her on X @allie_canal , LinkedIn, and email her at alexandra.canal@yahoofinance.com. Click here for the latest stock market news and in-depth analysis, including events that move stocks Read the latest financial and business news from Yahoo Finance .
MINNEAPOLIS – Penn State fans, greetings from Huntington Stadium. James Franklin’s No. 4 Nittany Lions are warming up ahead of their Big Ten matchup with P.J. Fleck’s Minnesota Golden Gophers. The weather is incredible for Minnesota at this time of year: 40 degrees and no wind. You can follow along here at PennLive for updates throughout the game. PSU has won two consecutive games since dropping a narrow 20-13 decision to Ohio State at Beaver Stadium. The Lions scored a total of 84 points in victories over Washington (35-6) and Purdue (49-10). Minnesota was off last week. PSU is 4-0 on the road. Penn State wideout Julian Fleming i s listed as questionable on the Big Ten-mandated availability report and young corner Elliot Washington is out with an undisclosed injury. Here’s the big question: What will Minnesota’s defense do to try and stop Penn State star tight end Tyler Warren? Warren, who leads the Lions in catches (67), yards (808) and receiving touchdowns (five). One more note on Warren: He will double his 2023 output in receptions with his next catch. He had 34 receptions for 422 yards and seven touchdowns in 2023. THIRD QUARTER PENN STATE 23, MINNESOTA 22 3:43: Penn State moved 57 yards in five plays to take its first lead on a 12-yard touchdown run by Nick Singleton. Penn State tight end Tyler Warren had three catches for 30 yards on the drive. Ryan Barker’s extra point gave the Lions the lead. PENN STATE 23, MINNESOTA 22. 9:59: Penn State’s defense could not get a stop on Minnesota’s first possession. The Gophers drove 51 yards in nine plays to set up a 42-yard field goal by Dragan Kesich. MINNESOTA 22, PENN STATE 16. HALFTIME MINNESOTA 19, PENN STATE 16 The final couple of minutes got crazy here in Minneapolis. Minnesota had all the momentum late, then Penn State and Drew Allar stole it, only to see a crazy special teams play but the Gophers in front, 19-16. First, Minnesota’s Derik LeCaptain deflected a Riley Thompson punt, giving the Gophers’ possession at the PSU 21 with 1:10 left before half. The Gophers then ran a trick play, with running back Darius Taylor taking a handoff, pitching it to wideout Daniel Jackson, who flipped it back to quarterback Max Brosmer. Tight end Jameson Geers was wide open on the right side for a 21-yard touchdown. Minnesota led 17-10, but PSU answered with a six-play, 75-yard touchdown drive that Allar capped with a four-yard rush with 19 seconds left before half. However, Ryan Barker’s point-after try was blocked by Minnesota’s Jack Henderson and teammate Ethan Robinson returned it for a two-point score. It could have been 17-17, but it was 19-16, Gophers. 7:50: Penn State’s offense turns an interception by linebacker Dom DeLuca into three points. Allar took another big sack on a drive, but Ryan Barker connected on a 45-yard field goal midway through the second quarter. PENN STATE 10, MINNESOTA 10. 10:48: Well, the Lions’ offense answered the Minnesota field goal with a quick score. Allar connected with wide-open speedy wideout Omari Evans on a 45-yard bomb. Barker with the extra point. MINNESOTA 10, PENN STATE 7. 12:56: Minnesota’s offense moved the Gophers into scoring territory again, and Gophers kicker Dragan Kesich connects from 48 yards on a field goal to give the hosts a 10-0 lead with 12:56 left before halftime. Minnesota only had to drive 25 yards in seven plays after Allar’s sack on fourth down. MINNESOTA 10, PENN STATE 0. FIRST QUARTER MINNESOTA 7, PENN STATE 0 Penn State’s offense has to get its act together as the Lions trail 7-0 after one quarter. The Lions managed just 30 yards total on their first two drives. And on the third drive, Allar, facing a fourth-and-five play from the Minnesota 33, was sacked for a 12-yard loss. 8:57: The game could not have started much worse for Penn State. First, starting right tackle Anthony Donkoh left the game on the Lions’ first offensive series with an apparent leg injury. He was replaced by Nolan Rucci. Then tight end Tyler Warren, aligned as the wildcat QB, got stuffed for no gain on a third-and-one try from the PSU 35. Minnesota took possession on its 30 and drove 70 yards in nine plays, the last one a 20-yard scoring run by backup running back Marcus Major with 8:57 left in the first quarter. Dragan Kasich with the extra point. MINNESOTA 7, PENN STATE 0. ©2024 Advance Local Media LLC. Visit pennlive.com . Distributed by Tribune Content Agency, LLC.Aston Villa’s impressive Champions League debut continued as they strengthened their chances of automatic qualification to the last 16 after a 3-2 win at RB Leipzig. Ross Barkley’s 85th-minute winner gave them victory after they had twice squandered the lead in Germany. John McGinn and Jhon Duran goals at the start of each half were cancelled out by Lois Openda and Christoph Baumgartner. But Barkley had the final say less than two minutes after coming off the bench as his deflected effort earned the points which sent his side third in the new Champions League league phase. The top eight automatically qualify for the next stage and with games against Monaco and Celtic to come, Unai Emery’s men are a good bet to avoid the need for a play-off round in their first foray in this competition. Leipzig are out, having lost all six of their games. Villa enjoyed a dream start and were ahead with less than three minutes on the clock. Matty Cash, playing in a more advanced position on the right, crossed for Ollie Watkins, who nodded down into the path of McGinn and the skipper made no mistake from close range. That gave the visitors confidence and they had enough chances in the first 15 minutes to have the game wrapped up. Lucas Digne’s cross from the left was begging to be converted but Watkins could not make contact from close range and then Morgan Rogers shot straight at Leipzig goalkeeper Peter Gulacsi. Then Youri Tielemans found himself with time and space on the edge of the area from Watkins’ tee-up but the Belgium international disappointingly dragged wide. All that good work was undone in the 27th minute, though, as Emiliano Martinez was left red-faced. The Argentinian was too casual waiting to collect Nicolas Seiwald’s long ball and Openda nipped in to get the ball first and tap into an empty net. pic.twitter.com/LGoAMrLkQy — Aston Villa (@AVFCOfficial) December 10, 2024 Duran was introduced at the break and needed just a couple of minutes to fire a warning when he drilled wide after a loose ball fell to him 14 yards out. But the Colombian got his goal in the 52nd minute, though it was another moment for the goalkeeper to forget. Duran was invited to drive forward and unleashed a 25-yard shot, which was hardly an Exocet, but still was too much for Gulacsi, who barely even jumped. It was his 10th goal of the season and sixth from the bench as he continues his super-sub role. 😍 pic.twitter.com/ZHeVFiYUW9 — Aston Villa (@AVFCOfficial) December 10, 2024 The striker was not complaining and he thought he had doubled his tally shortly after when he converted Cash’s centre but the provider was ruled offside by VAR. Five minutes later, Villa found themselves pegged back again with a finish of real quality. Openda was sent clear by another long ball and his cross was perfect for Baumgartner to cushion a far-post volley back across goal and into the corner. Digne brought a save out of Gulacsi and then Openda shot straight at Martinez as both sides pushed for a winner. It was Villa who got it as Barkley saw his deflected effort wrong-foot Gulacsi and hit the back of the net.
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Vodafone Idea shares in focus as promoters to infuse Rs 1,980 crore via preferential issue at 39% premium