UK Tax Authority Ramps Up Crypto Compliance Efforts as Global Scrutiny Intensifies
HMRC’s Aggressive Crypto Tax Enforcement Strategy The UK’s HM Revenue & Customs has dramatically escalated its pursuit of unpaid cryptocurrency…
Tag: Fiscal year
Harvard’s Endowment Hits Record $56.9 Billion Amid Political Tensions
Harvard University’s endowment has surged to $56.9 billion, marking significant growth despite ongoing political tensions. The institution also reported record donations while navigating federal funding challenges and legal disputes.
Record Endowment Growth
Harvard University’s financial endowment has reportedly reached $56.9 billion in fiscal 2025, growing by nearly $4 billion according to recent reports. Sources indicate this represents an 11.9% return on investments for the fiscal year ending June 30, surpassing the institution’s long-term target of 8%. The endowment’s performance follows a 9.6% return in fiscal 2024, when it totaled $53.2 billion.
Salesforce Stock Surges Following Optimistic 2030 Revenue Forecast at Dreamforce
Salesforce stock jumped significantly in extended trading after the company issued an ambitious financial forecast projecting over $60 billion in revenue by 2030. The upward revision came during the company’s annual Dreamforce conference in San Francisco, where executives indicated growth is re-accelerating after a slower period.
Salesforce Shares Rally on Upbeat Long-Term Outlook
Salesforce stock moved up as much as 5% in extended trading Tuesday after the business software provider issued an optimistic financial forecast projecting revenue exceeding $60 billion by 2030, according to reports from the company’s annual Dreamforce conference. The projected figure reportedly surpasses the $58.37 billion consensus among analysts polled by LSEG, suggesting confidence in the company’s growth trajectory.
Ericsson Navigates Flat RAN Market with Strategic Focus on 5G Standalone Transition
Ericsson’s third-quarter earnings reveal a 9% revenue decline to 56.2 billion SEK amid challenging market conditions. The telecommunications giant reportedly plans continued cost-cutting measures while positioning 5G Standalone technology as its primary growth opportunity heading into the 6G era.
Ericsson’s Mixed Quarter Amid Market Challenges
Telecommunications equipment giant Ericsson reported a mixed third quarter for the financial year, with sources indicating the vendor is navigating what it describes as a “flat” RAN market. According to reports, the company saw revenues drop by nine percent year-on-year to 56.2 billion Swedish kronor ($5.9 billion), though analysts suggest organic decline was just two percent when accounting for foreign-exchange movements.