Bytes Technology downgraded by UBS due to twin threat from Microsoft cuts - Yahoo Finance UK

Citi's CTO David Griffiths had a change of role this summer, becoming the bank's group head of artificial intelligence. The bank has now appointed his successor, and he comes from UBS.💥Follow us on WhatsApp for news alerts.💥Paul McEwen joined Citi as chief technology officer and head of infrastructure, based in New York. He spent the last 12 and a half years at UBS in a variety of senior roles including global head of technology services, as well as group head of infrastructure and security engineering. In the middle of that stint, he left for Wells Fargo, where he worked for seven months as its head of infrastructure before returning to UBS. McEwan is a citi alum. He was at the bank from 2000 to 2006 and served as global head of applications. He also spent eight years at JPMorgan where he was CTO of client services. As head of infrastructure, McEwen will presumably work alongside Griffiths on Arc, Citi's internal agentic platform which launched earlier this year. McEwen wrote in an article earlier this year that UBS has been working on AI agents too and is "seeing promising results...

Open this photo in gallery:CREA projects the national average home price to tick 0.2 per cent higher on an annual basis to $681,681 this year. Paige Taylor White/The Canadian PressThe Canadian Real Estate Association has downgraded its forecast for home sales activity in 2026 for the third straight quarter. CREA now expects a total of 444,530 homes to be sold by the end of this year, representing a 5.2 per cent decrease from 2025. That’s down from its July forecast of a 1.4 per cent year- over-year decline, which marked a reversal from its April forecast of a one per cent gain. The association had predicted 5.1 per cent growth year-over-year in January. CREA also projects the national average home price to tick 0.2 per cent higher on an annual basis to $681,681 this year, which is around $5,000 lower than predicted in the summer. The association said its revised forecast comes amid a “roller-coaster year,” with the global energy crisis fuelling inflation risks and affecting borrowing costs.

Sphere Entertainment (NYSE:SPHR - Get Free Report) was downgraded by equities research analysts at Craig Hallum from a "buy" rating to a "hold" rating in a report issued on Monday, Marketbeat.com reports. They currently have a $132.00 price objective on the stock. Craig Hallum's price target indicates a potential upside of 2.91% from the company's current price. Cheap Thrills: Why These 3 Entertainment Stocks Are SoaringOther research analysts have also issued research reports about the stock. Piper Sandler began coverage on shares of Sphere Entertainment in a report on Thursday, August 20th. They issued an "overweight" rating and a $185.00 price objective for the company. Susquehanna increased their price target on Sphere Entertainment from $159.00 to $182.00 and gave the stock a "positive" rating in a report on Thursday, June 18th. Citigroup reissued a "market outperform" rating on shares of Sphere Entertainment in a research note on Tuesday, September 1st. Citizens Jmp upped their target price on Sphere Entertainment from $175.00 to $200.00 and gave the company a "market outperform" rating in a research report on Wednesday, June 17th.

Here’s your NYT Strands hint for today, plus the spangram and all of today’s Strands answers for puzzle No. 959 on Sunday, Oct. 18, 2026. Today’s Strands theme was tricky. It helps to be a runner. Read on for all the answers.

A supply-chain attack involving ConnectWise’s cloud services has exposed Microsoft 365 customers to unauthorized application access, with researchers reporting successful sign-ins across 173 partner and customer tenants. The incident centres on credentials associated with ConnectWise Cloud Backup, formerly SkyKick, and raises concerns about attackers exploiting permissions already entrusted to business software. ConnectWise has confirmed unauthorized access to application identities within its Cloud Backup environment. In an October 17 update on its service-status page, the company said it was shutting off application access, interrupting customer backups while investigation and remediation continued.