da-kuk/E+ via Getty Images India's digital economy is shifting from IT exports to domestic consumption. DGIN's index rebalances toward fintech, e-commerce, and telecom to capture that growth. The MVIS Digital India Index — the underlying benchmark for the VanEck Digital India ETF ( DGIN ) — is updating its methodology to better reflect where growth is occurring in India today, shifting exposure aw...
da-kuk/E+ via Getty Images India's digital economy is shifting from IT exports to domestic consumption. DGIN's index rebalances toward fintech, e-commerce, and telecom to capture that growth. The MVIS Digital India Index — the underlying benchmark for the VanEck Digital India ETF ( DGIN ) — is updating its methodology to better reflect where growth is occurring in India today, shifting exposure away from global IT exporters and toward domestic consumption, financial services, and connectivity. This piece outlines the structural case for India's domestic digital economy and explains what is driving the index change. From Export IT to Domestic Digital India's listed equity market has long been dominated by large IT services companies that generate the majority of their revenue from clients outside the country. For years, these exporters shaped India's representation in global equity indices. That weighting, however, no longer reflects the composition of India's evolving domestic economy. Rising smartphone penetration and household income growth are accelerating domestic digital activity across payments, e-commerce, online financial services, and telecom infrastructure. India's GDP has expanded from roughly $2 trillion in 2015 to approximately $3.9 trillion in 2025 1 , with a growing share of economic activity flowing through domestic digital channels. The companies capturing that growth are increasingly different from those that have historically defined India's listed market. Structural Drivers Three structural factors underpin the expansion of India's domestic digital economy. Connectivity: India has approximately 958 million active internet users. A nationwide 5G rollout has extended high-speed access to urban and semi-urban markets, while data costs remain among the lowest globally. 2 Together, this infrastructure enables digital businesses to reach consumers across income levels and geographies at low marginal cost. Demographics: India's median age is 28, and its...
(RTTNews) - Kontron AG (SANT.DE, KTN.DE), an Austria-based technology company, said Wednesday that it has approved a new share buyback program to repurchase up to 2.9 million shares, representing approximately 4.54% of its share capital, for 50 million euros.
(RTTNews) - Kontron AG (SANT.DE, KTN.DE), an Austria-based technology company, said Wednesday that it has approved a new share buyback program to repurchase up to 2.9 million shares, representing approximately 4.54% of its share capital, for 50 million euros.
Making sure wealth is used for good in the wider community is key to growth beyond the family office Christopher Hui, Secretary for Financial Services and the Treasury, Hong Kong SAR told the audience at the Bloomberg Family Office Summit 2026 in Hong Kong. (Source: Bloomberg)
Making sure wealth is used for good in the wider community is key to growth beyond the family office Christopher Hui, Secretary for Financial Services and the Treasury, Hong Kong SAR told the audience at the Bloomberg Family Office Summit 2026 in Hong Kong. (Source: Bloomberg)
Assertio (ASRT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
Assertio (ASRT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
Paychex press release ( PAYX ): Q3 Non-GAAP EPS of $1.71 beats by $0.04 . Revenue of $1.81B (+19.9% Y/Y) beats by $30M . Effective income tax rate was 24.2% for the third quarter compared to 24.3% for the prior year period. Our financial position and cash flow generation remained strong during the nine months. As of February 28, 2026, we had: Cash, restricted cash, and total corporate investments ...
Paychex press release ( PAYX ): Q3 Non-GAAP EPS of $1.71 beats by $0.04 . Revenue of $1.81B (+19.9% Y/Y) beats by $30M . Effective income tax rate was 24.2% for the third quarter compared to 24.3% for the prior year period. Our financial position and cash flow generation remained strong during the nine months. As of February 28, 2026, we had: Cash, restricted cash, and total corporate investments of $1.8 billion. Short-term and long-term borrowings, net of debt issuance costs, of $5.0 billion. Cash flow from operations was $2.0 billion for the nine months. Business Outlook Our fiscal 2026 outlook reflects current assumptions and market conditions, excluding acquisition-related costs. Changes in the macroeconomic environment could alter our guidance. Our updated business outlook is as follows: Interest on funds held for clients is now anticipated to be in the range of $200 million to $210 million. All other aspects of our fiscal 2026 guidance remain consistent with our prior outlook. More on Paychex Paychex: If Shares Keep Falling, An Upgrade Could Be In Store Paychex: Mind The Margin With A Moat Clocking Out Paychex: A Deal Too Good To Pass Up Paychex Q3 2026 Earnings Preview PayPal, Paychex team up to deliver early paydays for employees
Dominion Lending Centres ( DLCG:CA ) declares CAD 0.05/share quarterly dividend , 25% increase from prior dividend of CAD 0.04. Payable June 15; for shareholders of record June 1; ex-div June 1. See DLCG:CA Dividend Scorecard, Yield Chart, & Dividend Growth. More on Dominion Lending Centres Historical earnings data for Dominion Lending Centres Dividend scorecard for Dominion Lending Centres Financ...
Dominion Lending Centres ( DLCG:CA ) declares CAD 0.05/share quarterly dividend , 25% increase from prior dividend of CAD 0.04. Payable June 15; for shareholders of record June 1; ex-div June 1. See DLCG:CA Dividend Scorecard, Yield Chart, & Dividend Growth. More on Dominion Lending Centres Historical earnings data for Dominion Lending Centres Dividend scorecard for Dominion Lending Centres Financial information for Dominion Lending Centres
Douglas Rissing/iStock via Getty Images The Business Model Of CXW Following the annual results from last February, it’s time to provide coverage on CoreCivic, Inc. ( CXW ) to explain them, and assess whether the recent +15% over the past month still has room to run. The company has beaten estimates across the board in everything that could be beaten in my view, by this I mean it has beaten revenue...
Douglas Rissing/iStock via Getty Images The Business Model Of CXW Following the annual results from last February, it’s time to provide coverage on CoreCivic, Inc. ( CXW ) to explain them, and assess whether the recent +15% over the past month still has room to run. The company has beaten estimates across the board in everything that could be beaten in my view, by this I mean it has beaten revenue, EPS and EBITDA, and despite the stock falling more than -9% that day, the recent rally over the past month means CXW is now trading above pre-earnings levels. To put it into context, the company’s business model consists of operating custody facilities that it leases to the federal, state and local government, in exchange for a per diem per inmate and per day housed. With around 72,000 beds under management, in 2025 CXW has generated $2.2B in revenue with an EBITDA margin of around 16%. Can this be considered high or low for this business model? Well, its direct competitor, GEO Group ( GEO ), has generated around $2.63B in 2025 with an EBITDA margin of 16.45% (vs 15.79% for CXW), so considering both trade at an EV above $3B, in terms of sales and margin it seems to be in line with the market. Moreover, beyond these two companies, there are no other alternatives apart from government capacity itself, so these are companies with limited replaceability in the short and medium term. Data by YCharts Data by YCharts This can be seen in the element that has made 2025 and 2026 different years compared to previous ones, as on January 20, 2025, the Trump administration signed a series of executive orders that boosted ICE detentions, and shortly after the OBBBA, allocating more than $45B specifically for these detentions through September 2029. With CXW’s contracts in place , and around 16,000 active ICE beds, ICE revenue increased from $565M in 2024 to $771M in 2025, which shows that the company is capturing part of that demand. Data by YCharts And the thing is, CXW had not grown s...
We write about Cathie Wood a lot, and for good reason. She has been one of Wall Street’s earliest and most consistent believers in crypto. Long before Bitcoin and Ethereum became institutional assets, Wood was building exposure through companies like Coinbase, Tesla and a growing list of ...
We write about Cathie Wood a lot, and for good reason. She has been one of Wall Street’s earliest and most consistent believers in crypto. Long before Bitcoin and Ethereum became institutional assets, Wood was building exposure through companies like Coinbase, Tesla and a growing list of ...
Douglas Rissing/iStock via Getty Images The U.S. current account balance stood at -$190.7B in Q4 2025, compared with the -$211.0B consensus and narrowing from -$239.1B in the prior quarter (revised from -$226.4B), according to data r eleased by the Bureau of Economic Analysis on Wednesday. The 20.2% narrowing of the deficit in Q4 reflected a shift in the balance on primary income from a deficit in...
Douglas Rissing/iStock via Getty Images The U.S. current account balance stood at -$190.7B in Q4 2025, compared with the -$211.0B consensus and narrowing from -$239.1B in the prior quarter (revised from -$226.4B), according to data r eleased by the Bureau of Economic Analysis on Wednesday. The 20.2% narrowing of the deficit in Q4 reflected a shift in the balance on primary income from a deficit in Q3 to a surplus in Q4 and a reduced deficit on goods. The Q4 shortfall was 2.4% of current-dollar gross domestic product, down from 3.1% in Q3. Exports of goods and services to, and income received from, foreign residents rose by $32.4B to $1.33T in Q4, reflecting increases in goods exports and in primary (earned) income receipts. Imports of goods and services from, and income paid to, foreign residents decreased $16.0B to $1.52T, highlighting decreases in primary (earned) income payments and in goods imports, the BEA said . For full-year 2025, the current account deficit narrowed by 5.8% to $1.12T, representing 3.6% of current-dollar GDP, down from 4.0% in 2024. More on the U.S. Economy TLT: The Repeating Pattern And The Impending Break Gold Loses Its Luster As Stagflation Risk Jumps On Iran War Yesterday's Optimism Turns More Guarded A move above 4.5% on the US10Y would be a ‘tipping point’ for stocks – Schroders US2Y surges toward 4% as weak auction signals cracks in demand
Monty Rakusen February U.S. import prices: +1.3% M/M vs. +0.6% consensus and +0.6% prior (revised from +0.2%), according to data released by the Bureau of Labor Statistics on Wednesday. Export prices: +1.5% M/M vs. +0.5% consensus and +0.6% prior. Developing… Check back for updates. More on the US Economy Consumer Sentiment Is Near The Breaking Point War And Bonds Productivity revised lower to 1.8...
Monty Rakusen February U.S. import prices: +1.3% M/M vs. +0.6% consensus and +0.6% prior (revised from +0.2%), according to data released by the Bureau of Labor Statistics on Wednesday. Export prices: +1.5% M/M vs. +0.5% consensus and +0.6% prior. Developing… Check back for updates. More on the US Economy Consumer Sentiment Is Near The Breaking Point War And Bonds Productivity revised lower to 1.8% in Q4, while labor costs revised higher New home sales slump in January, the lowest level in more than three years