Latest news with #ForbesGlobal2000
Yahoo
25-06-2025
- Business
- Yahoo
EPAM Systems Stock: Is EPAM Underperforming the Technology Sector?
Newtown, Pennsylvania-based EPAM Systems, Inc. (EPAM) provides digital platform engineering and software development services worldwide. With a market cap of $9.5 billion, the company offers engineering services, including requirements analysis and platform selection, customization, cross-platform migration, implementation, and integration. Companies worth $2 billion to $10 billion are typically referred to as "mid-cap stocks." EPAM fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the information technology services industry. The company benefits from a client base that consists of the majority of Forbes Global 2000 corporations operating worldwide. Super Micro Computer Just Struck a Deal with Ericsson. Should You Buy SMCI Stock Here? CEO Jensen Huang Just Sold Nvidia Stock. Should You? Cathie Wood Is Dumping Circle Stock. Should You? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! However, the company is currently trading 35.8% below its 52-week high of $269 met on Feb. 18. Over the past three months, EPAM stock has declined 3.1%, underperforming the Technology Select Sector SPDR Fund's (XLK) 13.6% rise during the same time frame. EPAM stock has declined 26.1% on a YTD basis, underperforming XLK's 6.3% rise in 2025. Moreover, EPAM has fallen 5.7% over the past 52 weeks, underperforming XLK's 11.2% rally. EPAM stock has been trading below its 200-day moving average since late February and mostly above its 50-day moving average since early May. On May 8, EPAM shares closed up more than 12% after reporting its Q1 results. The company's revenue came in $1.30 billion, surpassing Wall Street forecasts of $1.28 billion. Moreover, its adjusted EPS of $1.74 exceeded the consensus estimates by 7.4%. Looking ahead, the company expects full-year adjusted EPS in the range of $10.70 to $10.95. Its peer, Leidos Holdings, Inc. (LDOS), has grown 5.7% in 2025 and 2.5% over the past year, outperforming the stock. Among the 17 analysts covering the EPAM stock, the consensus rating is a 'Moderate Buy.' Its mean price target of $218.12 suggests an impressive 26.3% upside potential from current price levels. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-06-2025
- Business
- Yahoo
5 Arkansas-based companies in Forbes' latest ‘Global 2000' list
FAYETTEVILLE, Ark. (KNWA/KFTA) — Five companies based in the Natural State were recently included in Forbes' newest 'Global 2000' list. To create the list, Forbes said it looked at companies' sales, profits, assets and market value. For Arkansas companies, Walmart was the highest-ranked at No. 18. The Bentonville-based company was the second-highest ranked American-based retailer behind Amazon (No. 5). Arkansas turns to Mississippi to help with federal highway operations Here's where the other Arkansas-based companies ranked: 565 — Tyson Foods 1389 — J.B. Hunt Transport Services 1423 — Murphy USA 1563 — Bank OZK The five Natural State-based companies were among the 621 based in the United States. Forbes noted the country with the second-most on the list was China with 321. Japan, India and the United Kingdom rounded out the top five. JPMorgan Chase topped the list for the third consecutive year with Berkshire Hathaway, China-based banker ICBC, Saudi Arabian Oil Company and Amazon in the top five. For the full list, visit Forbes' website. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Sign in to access your portfolio
Korea Herald
19-06-2025
- Business
- Korea Herald
BRI Named Indonesia's Largest Public Company in the Forbes Global 2000 List for 2025
JAKARTA, Indonesia, June 19, 2025 /PRNewswire/ -- PT Bank Rakyat Indonesia (Persero) Tbk, (IDX: BBRI), has once again achieved an international milestone by securing the 349th position among the world's 2,000 largest public companies in the Forbes Global 2000 – The World's Largest Companies list for 2025. This achievement positions BRI as the highest-ranked public company from Indonesia on Forbes' prestigious list. The Forbes Global 2000 is an annual ranking, now in its 23rd year. Forbes compiles the list based on four key metrics: sales, profit, assets, and market value. According to Forbes' official publication, despite ongoing global geopolitical uncertainties and the impact of U.S. tariff policies, all four indicators have reached new records this year. The 2,000 companies on the 2025 Global 2000 list represent total annual revenues of USD 52.9 trillion, profits of USD 4.9 trillion, assets of USD 242.2 trillion, and a combined market capitalization of USD 91.3 trillion. According to the report, BRI recorded strong performance with revenue of USD 16.07 billion, profit of USD 3.8 billion, assets totaling USD 123.83 billion, and a market value of USD 33.48 billion, further solidifying its position on the global stage. This reflects BRI's consistency and strong competitiveness as a financial institution that continues to grow and transform internationally. Commenting on BRI's recognition as the No. 1 public company in Indonesia on the Forbes Global 2000 list for 2025, BRI President Director Hery Gunardi expressed his pride and appreciation for all BRILiaN personnel (BRI employees), as well as BRI's loyal customers. "This achievement is dedicated to all BRILiaN personnel who have given their best contributions, allowing BRI to grow sustainably. We also extend our gratitude to all our loyal customers who continue to use and enjoy BRI's products and services," said Hery Gunardi. He added that the recognition is solid proof of BRI's commitment to maintaining strong fundamentals amid increasingly complex global economic challenges. "This recognition inspires us to continue transforming and innovating to deliver world-class services, especially for the Indonesian people," he said. According to Forbes, BRI ranks 349 globally and first in Indonesia on the 2025 Global 2000 list, alongside 11 other Indonesian companies such as Bank Mandiri (408), BCA (482), Telkom Indonesia (1,003), and BNI (1,064), among others.
Cision Canada
18-06-2025
- Business
- Cision Canada
Syniverse to team up with Aduna to expand access to network APIs
Collaboration will combine Syniverse's global enterprise messaging reach with Aduna's unified telecom API platform PLANO, Texas, June 18, 2025 /CNW/ -- Aduna, the industry's first global aggregator of network APIs, today announced a strategic partnership with Syniverse, the world's most connected company®. The collaboration will enable Syniverse to integrate with Aduna's unified API platform, which aggregates network APIs from network providers around the world to give developer platforms, like Syniverse, streamlined access to advanced network capabilities with carrier-grade performance to enable developers to build new solutions for enterprises leveraging the networks. Syniverse delivers over one trillion messages annually and serves Global 2000 enterprises across financial services, travel, retail, and media. Through this partnership, Syniverse seeks to offer its customers seamless access to powerful network APIs, including SIM Swap, Number Verification and Device Location, across a trusted, multi-operator environment. "Aduna is building the foundation for the future of programmable connectivity," said Andrew Davies, CEO of Syniverse. "This partnership allows us to offer our customers secure, real-time network intelligence at scale—accelerating digital transformation and protecting against rising fraud threats." "Syniverse brings deep CPaaS expertise, strong enterprise relationships, and strong operational scale," said Anthony Bartolo, CEO of Aduna. "Together, we're making it easier for businesses to tap into the power of the world's mobile networks through standardized, developer-friendly APIs." With Syniverse becoming a part of its growing partner ecosystem, Aduna continues to strengthen its ambition to be the go-to interface for accessing telecom network capabilities. The partnership will broaden the reach of network APIs to new markets and customer segments, while reinforcing Aduna's commitment to creating a scalable, interoperable, and developer-friendly environment. About Syniverse Syniverse is the world's most connected company. We seamlessly connect the world's networks, devices, and people so the world can unlock the full power of communications. Our secure, global technology powers the world's leading carriers, top Forbes Global 2000 companies, and billions of people, devices, and transactions every day. Our engagement platform delivers better, smarter experiences that strengthen relationships between businesses, customers, and employees. For over 30 years, we have accelerated important advances in communications technology. Today we are an essential driver of the world's adoption of intelligent connectivity, from 5G and CPaaS to IoT and beyond. Find out more at About Aduna Aduna is a landmark venture between some of the world's leading telecom operators and Ericsson, dedicated to enabling developers worldwide to accelerate innovation by leveraging networks to their full potential via common network Application Programming Interfaces (APIs). Its venture partners include AT&T, Bharti Airtel, Deutsche Telekom, e&, KDDI, Orange, Reliance Jio, Singtel, Telefonica, Telstra, T-Mobile, Verizon and Vodafone. Aduna's developer partner platforms include Google Cloud, Infobip, Sinch, and Vonage. By combining network APIs from multiple operators globally under a unified platform based on the CAMARA open-source project, driven by the GSMA and the Linux Foundation, Aduna provides a standardized platform to foster collaboration, enhance user experiences, and drive industry growth.
Business Insider
14-06-2025
- Business
- Business Insider
South Africa leads as 17 African companies make Forbes list of world's largest firms
For the 23rd consecutive year, Forbes has released its Global 2000 ranking, highlighting the world's largest and most influential publicly traded companies, with South Africa accounting for the majority of Africa's entries. Forbes released its 23rd Global 2000 ranking of the world's largest publicly traded companies in 2025. A total of 17 African companies are on the list, with South Africa leading the entries. South Africa dominated the African representation with firms across finance, tech, mining, chemicals, and more. In 2025, a total of 17 African companies made the Forbes Global 2000 ranking, dominated by South Africa with 14 entries, followed by Morocco with 2 and Egypt with 1. Per Forbes, the 2025 Global 2000 companies collectively account for $52.9 trillion in revenue, $4.9 trillion in profits, $242.2 trillion in assets, and a $91.3 trillion market capitalization. Notably, despite global economic challenges such as renewed U.S. trade tensions, these companies achieved record-breaking figures across all four key metrics: revenue, profit, assets, and market value; showcasing remarkable resilience. 17 African countries ranked within the global top 2,000: RANK Company Country Sector New Gains 1 FirstRand South Africa Banking $2.26 B 2 Standard Bank Group South Africa Banking $2.39 B 3 Naspers South Africa IT software & Services $3.31 B 4 Sanlam South Africa Insurance $1.21 B 5 Absa Group South Africa Banking $1.17 B 6 Attijariwafa Bank Morocco Banking $956 M 7 Nedbank South Africa Banking $926.6 M 8 Old Mutual South Africa Insurance $418.2 M 9 Gold Fields South Africa Materials $ 1.24 B 10 AngloGold Ashanti South Africa Materials $1 B 11 MTN group South Africa Telecom Services $-523.2 M 12 CAPITEC South Africa Insurance $659.1 M 13 International Commercial Bank Egypt Banking $1.1 B 14 Momentum Metropolitan Holdings South Africa Insurance $271.4 M 15 Sasol South Africa Chemicals $ -2.69 B 16 Banque Centrale Populaire Morocco Banking $416.9 M 17 Bid South Africa Hotels, Restaurants & Leisures $433.3 M Africa's representation on the Forbes Global 2000 list may be modest, but there's no doubting its economic influence is steadily growing within and beyond the continent. This is evident in the diverse range of companies featured, from established multinationals to emerging tech and financial powerhouses. South Africa has once again cemented its dominance in Africa's corporate landscape, with the majority of the continent's representatives in the 2025 Forbes Global 2000 list. Out of the 17 African firms that made the cut, 14 are based in South Africa, spanning sectors such as banking, insurance, telecommunications, mining, and chemicals. Leading South Africa's presence are FirstRand, Standard Bank, and Naspers, reflecting the country's strength in finance and tech. Morocco follows distantly with two companies, Attijariwafa Bank and Banque Centrale Populaire, while Egypt's Commercial International Bank (CIB) is the only North African entrant outside Morocco. The exclusion of Nigerian companies from the ranking is concerning. Despite hosting major oil and industrial giants, Nigeria's low number of publicly listed large-cap firms and weak presence in global financial benchmarks limit its corporate visibility, even as Africa's most populous nation.
