Stockwinners Market Radar for January 03, 2024 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

COIN

Hot Stocks

20:05 EST Cathie Wood's ARK Investment sold 166K shares of Coinbase today
TSLA

Hot Stocks

20:04 EST Cathie Wood's ARK Investment bought 105K shares of Tesla today
JSPR

Hot Stocks

19:50 EST Jasper Therapeutics trading halted, news pending
ACON

Hot Stocks

19:50 EST Aclarion Inc trading halted, news pending
SSNLF HYMTF

Hot Stocks

19:39 EST Samsung, Hyundai to collaborate on connecting residential, mobility spaces - Hyundai Motor (HYMTF) and Kia Corporation announced that they have signed an agreement on January 3 with Samsung Electronics (SSNLF) for a Car-to-Home and Home-to-Car service partnership, aiming to enhance the connectivity between residential and mobility spaces. Under this agreement, Hyundai and Kia customers will be able to remotely control digital appliances via touch and voice commands through their cars' in-car infotainment systems. Conversely, they will have remote vehicle control via AI speakers, TVs and smartphone apps to control various vehicle functions. This is made possible through the organic integration of Hyundai and Kia's connected car services and Samsung's Internet of Things platform, 'SmartThings'. Customers are expected to use it in various ways in their daily lives, enjoying uninterrupted connectivity experiences.
NET

Hot Stocks

19:36 EST Cloudflare director sells $765.8K in common stock - In a regulatory filing, Cloudflare disclosed that its director Carl Ledbetter sold 10K shares of common stock on January 3rd in a total transaction size of $765.8K.
PPIH

Hot Stocks

18:41 EST Perma-Pipe International accepted into QatarEnergy's Tawteen Program - PERMA-PIPE International "announces its acceptance into QatarEnergy's Tawteen program. Tawteen is the Supply Chain Localization Program for the energy sector in Qatar led by QatarEnergy. PERMA-PIPE will aim to provide pre-insulated piping systems, custom fabrication and 3-layer polyethylene coatings for QatarEnergy projects." Saleh Sagr, Senior Vice President for PERMA-PIPE's MENA region commented, "We are pleased to announce and place great significance on our relationship with QatarEnergy and the Qatari market. QatarEnergy is in the process of expanding its LNG production capacity from 77 million mtpa to 126 million mtpa by 2026, and this will require the construction of compression facilities and pipelines. We have served this market since 2006 and now, through the Tawteen Program, our local facility will be able to work more closely with QatarEnergy providing our latest innovative technologies."
STLA

Hot Stocks

18:36 EST FCA US reports Q4 U.S. sales fell 1% y/y - FCA US LLC reports sales of 343,552 vehicles in the fourth quarter and 1,527,090 vehicles for the full 2023 calendar year. Overall, fourth-quarter U.S. sales declined 1% while full-year results decreased 1%. Total U.S. sales within the company's commercial fleet channel increased 20% versus 2022, notching its best year ever. The company's total PHEV U.S. sales increased 124% year over year and 118% in the fourth quarter versus last year. FCA takes the 1-2-3 spots among best-selling plug-in hybrids in the U.S. The Jeep Wrangler 4xe is America's best-selling plug-in hybrid vehicle; the Grand Cherokee 4xe is No. 2 and the Chrysler Pacifica Hybrid claims the No. 3 spot. FCA US holds the highest PHEV market share in the industry, owning 47%. Stellantis is setting the course for 50% passenger-car and light-duty truck battery-electric vehicles (BEV) sales mix in the United States by the end of this decade.
PANW

Hot Stocks

18:28 EST Palo Alto Networks CTO sells $10.4M in common stock - In a regulatory filing, Palo Alto Networks disclosed that its CTO Nir Zuk sold 36K share of common stock on January 2 in a total transaction size of $10.4M.
NDSN

Hot Stocks

17:48 EST Nordson EVP Lovass sells 2,000 common shares - In a regulatory filing, Nordson executive VP Stephen Lovass disclosed the sale of 2,000 common shares of the company on January 2 at a price $258.68 per share.
ASTL

Hot Stocks

17:34 EST Algoma Steel sees 3Q24 adjusted EBITDA between (C$10M) and breakeven - Algoma Steel provided guidance for its Q3 ending December 31, 2023. 3Q24 total steel shipments are expected to be around 515K tons and Adjusted EBITDA is expected to be in the range of (C$10M) to breakeven. CEO Michael Garcia commented, "Our operations ran in line with our expectations during the fiscal Q3, with a heavy focus on seasonal maintenance that included completion of our annual basic oxygen furnace relining and other servicing across the steelworks. Due to the lagging nature of our order book, UAW strike-driven soft demand and pricing in the previous quarter and through October impacted our fiscal Q3 results...In October, steel pricing began to recover in anticipation of a strike settlement, and since the strike's end pricing has continued to improve, currently sitting near 12-month highs. We expect this pricing strength, coupled with continued solid market fundamentals, to drive significantly improved realized pricing and overall fiscal results starting with our fiscal Q4".
LHX

Hot Stocks

17:30 EST L3Harris Technologies awarded $479M USSOCOM contract - L3Harris Technologies was awarded a single award, indefinite-delivery/indefinite-quantity, firm-fixed-price contract, with seven one-year ordering periods, and a potential maximum value of $479M for the continued procurement of next generation tactical communications radios and associated sustainment and support services as required in support of U.S. Special Operations Command, or USSOCOM. FY24 procurement funds in the amount of $2.52M are being obligated at time of award. This contract shall result in delivery orders funded with valid procurement, operations, and maintenance funding, and research, development, testing, and evaluation funding as appropriate. This contract was awarded under the Competition in Contracting Act exception to full and open competition as implemented by Federal Acquisition Regulation 6.302-1. USSOCOM is the contracting activity.
RGP

Hot Stocks

17:26 EST Resources Connection says close of 2023 has been sluggish
SKYH

Hot Stocks

17:16 EST Sky Harbour updates development budget for Dallas Addison Airport - Sky Harbour released an update to its development budget for Dallas Addison - ADS - Airport Phase 1, from an estimated range of $25M-$27M to an estimated range of $30M-$32M. The increase is largely due to owner-initiated improvements intended to enhance the quality and aesthetic of Sky Harbour's offering to residents and introduced as a result of learnings at existing Sky Harbour facilities. In Q1, the company intends to make cash contributions in the amount necessary to fund these estimated cost increases from unrestricted funds on hand at the corporate level into Sky Harbour Capital and the Obligated Group's construction fund.
SKYH

Hot Stocks

17:15 EST Sky Harbour names Will Whitesell as COO - Sky Harbour has appointed Will Whitesell as COO. Outgoing COO Alex Saltzman has entered an amicable separation agreement and will assist with transfer of responsibilities in good order. Loren Benedict has joined Sky Harbour subsidiary, RapidBuilt, as chief of operations. Whitesell brings more than 20 years of construction, development and senior management experience at Turner Construction, The Related Companies, and Suffolk Construction, most recently serving for five years as Suffolk's COO for the New York region. Benedict brings decades of manufacturing, construction and leadership experience in the pre-engineered metal building space, including at Lefever Building Systems and DCB Construction.
CVS ABBV

Hot Stocks

17:05 EST CVS Caremark accelerates biosimilars adoption through formulary changes - CVS Caremark (CVS), a CVS Health company, announced the continuation of its efforts to expand adoption of biosimilars. Effective April 1 Humira will be removed from our major national commercial template formularies and Humira biosimilars will be covered. Humira will continue to be an option for its customers with Choice and Standard Opt Out commercial formularies. Commercial formularies are the drug lists used by employers, unions and health plans for prescription drug coverage. In much the same way that generic drugs are used as alternatives to branded drugs, biosimilars offer quality, safe, and effective treatment options that have no clinically meaningful difference from their reference products. A vibrant and competitive biosimilar market is essential to driving sustainable cost savings and options for consumers over the long term. The biosimilars market in the U.S. is projected to grow from less than $10B in 2022 to more than $100B by 2029. "We are committed to accelerating the adoption of biosimilars and providing customer choice alongside a seamless member experience," said David Joyner, Executive Vice President, CVS Health and President of CVS Caremark. "Our customers want to have choices. By preferring biosimilars that have a significantly lower list price than their reference product, CVS Caremark is putting our customers in the driver's seat to best meet the health care needs of their members and lower drug costs." The company also announced that AbbVie, (ABBV) as part of its continued commitment to access, has entered into an agreement to supply Cordavis, a CVS Health company, with a committed volume of co-branded Humira. This will provide another treatment option for adalimumab patients and aligns to the CVS Caremark focus on customer choice and seamless member experience. The Cordavis Humira product will be available in the second quarter. Cordavis Humira provides additional options for payors.
GSD

Hot Stocks

17:05 EST Global System Dynamics provides update on Nasdaq compliance status - Global System Dynamics provided an update regarding the status of its compliance with Nasdaq's continued listed standards and anticipated next steps to maintain its listing on The Nasdaq Capital Market. Pursuant to a letter dated January 2, 2024, Nasdaq Hearings Panel granted GSD's request to continue its listing on Nasdaq, subject to the Company filing its response to the Securities and Exchange Commission comments received on the Company's Form S-4, by or before January 19, 2024. The Staff also requires GSD to complete its business combination with DarkPulse, Inc on or before April 1, 2024. The Company and its legal team are working diligently to meet the deadline. Rick Iler, CFO of GSD, stated, "We are very excited to report that we have been granted a conditional extension to accomplish our business combination by Nasdaq by April 1, 2024. We will continue to work diligently to meet the stipulations of the Staff. Once completed, we remain confident that this transaction will create significant shareholder value." s previously disclosed by the Company, on April 5, 2023, Nasdaq notified the Company that it no longer complied with the market value of listed securities requirement pursuant to Nasdaq Listing Rule 5550(b)(2). In accordance with Listing Rule 5810(c)(3)(C), the Company was provided 180 calendar days, or until October 2, 2023, to regain compliance. On October 4, 2023, Nasdaq notified the Company that it had determined to delist the Company's securities as it did not comply with the requirements for continued listing on the Nasdaq Capital Market. A hearing on the matter was held on December 7, 2023. Based on the information presented, the Staff has granted the Company's request for an exception through April 1, 2024 to regain compliance with the continued listing requirements, conditioned upon the Company's achievement of certain milestones included in the plan of compliance previously submitted to Nasdaq.
AQU

Hot Stocks

17:02 EST Aquaron Acquisition extends period to consummate business combination - Aquaron Acquisition announced that Bestpath IoT has deposited into the company's trust account an aggregate of $210K in order to extend the period of time the company has to complete a business combination for three additional months, from October 6, 2023 to January 6, 2024. The company issued a promissory note to Bestpath with a principal amount equal to the amount deposited. The promissory note bears no interest and is convertible into the company's shares of common stock at a price of $10.00 per unit at the closing of a business combination by the company. The purpose of the extension is to provide more time for the company to complete a business combination.
ACT

Hot Stocks

16:54 EST Enact Mortgage enters into quota share reinsurance agreement - Enact Holdings announced that its flagship legal entity, Enact Mortgage Insurance Corporation, has entered into a quota share reinsurance agreement with a broad panel of highly rated reinsurers. Under the agreement, and subject to certain conditions, Enact will cede approximately 21% of a portion of expected new insurance written for the period from January 1, 2024 through December 31, 2024. "We are pleased to have entered into our new quota share agreement, which gives us additional reinsurance capacity from a broad panel of highly rated reinsurers on attractive terms," said Rohit Gupta, President and CEO of Enact. "This transaction further diversifies our sources of capital, improves the risk profile of our new insurance written, and furthers our ability to pursue high-quality new business. We appreciate the confidence and support shown by our reinsurance partners as we continue in our mission to responsibly help more people become homeowners."
HPQ

Hot Stocks

16:36 EST HP Inc. CEO Lores sells 38,000 common shares - In a regulatory filing, HP Inc. president and CEO Enrique Lores disclosed the sale of 38,000 common shares of the company on January 2 at a price of $29.75 per share.
VIGL

Hot Stocks

16:35 EST Vigil Neuroscience extends projected cash runway into second half of 2025 - Vigil Neuroscience provided a 2023 year-in-review and outlined key milestones anticipated in 2024. The company also today announced that it has extended its projected cash runway into the second half of 2025. Based on the totality of the data reported in 2023 from the ILLUMINATE and IGNITE studies, the company plans to engage with the FDA in the first half of 2024 regarding a potential accelerated development pathway for iluzanebart in ALSP. The company has extended its projected cash runway into the second half of 2025 by focusing its financial resources on current business priorities, including its iluzanebart and VG-3927 clinical development programs. The company's reallocation of capital is not expected to have any impact on employee headcount or anticipated development milestones. Vigil is on track to report interim data from the ongoing Phase 1 clinical trial of VG-3927 in healthy volunteers in mid-2024. The company expects to report Phase 2 results from its IGNITE clinical trial evaluating iluzanebart in ALSP from all patients at six months at both 20 mg/kg and 40 mg/kg doses in the third quarter of 2024.
CR

Hot Stocks

16:35 EST Crane says Vian deal to be accretive to segment EBITDA margins immediately - CEO, Max Mitchell, said: "We are very excited to announce this transaction. Vian is highly complementary to our Fluid Solution within the Aerospace & Electronics segment, significantly expanding our portfolio of mission critical aerospace flow control products. Vian has strong positions on the most attractive commercial and military aircraft platforms today, and combined with our existing fluid and thermal management capabilities, further strengthens our positioning for future content opportunities on engines, gearboxes and auxiliary power units. We expect that Vian's margins will be accretive to the Aerospace & Electronics' segment EBITDA margins immediately, with a long-term sales growth rate in line with the segment's previously disclosed 7% to 9% long-term CAGR. Vian, along with the other acquisitions that we continue to pursue, meets our clearly defined strict financial and strategic acquisition criteria."
CR

Hot Stocks

16:34 EST Crane acquires Vian Enterprises for $103M - Crane "announced that it has acquired Vian Enterprises, Inc. for approximately $103 million on a cash free and debt free basis. Founded in 1968, Vian is a global designer and manufacturer of multi-stage lubrication pumps and lubrication system components technology for critical aerospace and defense applications with sole-sourced and proprietary content on the highest volume commercial and military aircraft platforms. Through August 2023, we estimate that Vian had trailing 12-month sales of approximately $33 million and adjusted EBITDA of approximately $8 million, with an order backlog exceeding $100 million. Crane financed the acquisition primarily with proceeds from its revolving credit facility."
CAN...

Hot Stocks

16:33 EST Canaan secures follow-on purchase orders from Cipher and Stronghold - Canaan (CAN) has secured follow-on purchase orders from joint venture entities of Cipher Mining (CIFR) and from Stronghold Digital Mining (SDIG). The orders, which combined involve the purchase of over 17,000 Bitcoin mining machines, build upon Canaan's existing relationships with Cipher and Stronghold. On December 29, 2023, Cipher entered into an agreement whereby two joint venture entities in which Cipher has a 49% interest purchased from Canaan 16,700 A1466 model mining machines with an average hash rate of 150T/s. These machines are to be delivered in April and May 2024 for use at Cipher's Bear and Chief data centers, both located in Texas. The 11,000 A1346 model mining machines which were purchased on May 9, 2023 have been delivered and installed at Cipher's Odessa data center. On December 26, Stronghold entered into an agreement whereby Stronghold has purchased from Canaan 1,100 A1346 model mining machines with an average hash rate of 123T/s. These are to be delivered by January 2024 for use at Stronghold's Scrubgrass Plant. Additionally, Stronghold has an option to purchase an additional 2,500 A1466 model mining machines with an average hash rate of 140T/s-150T/s. The 2,000 A1346 model mining machines which were purchased on July 27, 2023 have been delivered and installed at Stronghold's Patha Creek Plant.
CMG

Hot Stocks

16:33 EST Chipotle Chairman Brian Niccol sells $2.5M in company shares - Chairman of Chipotle Mexican Grill Brian Niccol sold 1,100 shares of company stock at $2,278.45 per share on January 2 ,for a total transaction amount of $2,506,295.
FEBO

Hot Stocks

16:33 EST Fenbo Holdings appoints Meng Derong as co-chairman - Fenbo Holdings announced the appointment of Meng Derong as co-chairman and independent non-executive director, effective on January 1. Meng has over 20 years of experience in enterprise management, particularly in operational management of supply chain systems.
GEOS

Hot Stocks

16:32 EST Geospace announces $30M contract to sell shallow water ocean bottom nodes - Geospace Technologies announced a $30 million contract with an international marine geophysical services provider for the purchase of the Company's latest shallow water ocean bottom nodes known as Mariner. This contract replaces the approximately $20 million contract announced in June 2023. Delivery of the Mariner products is complete, and revenue will be recognized in Q1 of FY24.
RM

Hot Stocks

16:30 EST Regional Management announces departure of COO John Schachtel - Regional Management "announced that Executive Vice President and COO John Schachtel is leaving Regional Management. Rob Beck, President and Chief Executive Officer, and other members of the executive team are expected to absorb Mr. Schachtel's responsibilities post-departure."
MCD

Hot Stocks

16:29 EST McDonald's VP Capozzi sells $814K in company shares - McDonald's VP Heidi Capozzi disclosed the sale of 2,750 shares of company stock at $295.84 per share on December 29, for a total transaction amount of $813,560.
SUM

Hot Stocks

16:25 EST Summit Materials' pending Cementos Argos transaction recommended - Summit Materials announced that proxy advisory firms ISS and Glass Lewis have recommended that Summit shareholders vote in favor of all proposals in connection with its pending combination with Argos North America, the U.S. operations of Cementos Argos, at the company's upcoming Special Meeting of Stockholders on Thursday, January 11. In making their respective recommendations, ISS and Glass Lewis stated: "Support for the transaction is warranted in light of compelling strategic rationale and the expected financial benefits. The combined entity will have increased scale, a more diversified geographic presence, and the transaction is expected to result in significant cost savings and be accretive to free cash flow per share." "The deal should greatly enhance the company's scale and geographic reach, which could better position the company to take advantage of various anticipated tailwinds relating to the supply and demand for cement. The company also expects to realize at least $100M in annual run-rate cost synergies from the proposed transaction through various means, including operational efficiencies, optimizing sourcing and increased utilization of the import terminals' network." The transaction is expected to close in 1Q24, subject to customary closing conditions, including approval by Summit Materials shareholders.
CIFR

Hot Stocks

16:24 EST Cipher entities Bear, Chief Mountain in pact with Canaan to buy A1466 miners - Cipher Mining announced that Bear and Chief Mountain the joint venture entities in which Cipher holds 49% interests, have entered into agreements with Canaan to purchase 16,700 units of the latest generation Avalon A1466 miners for delivery in the second quarter of 2024. Cipher and its joint venture partner plan to install half of these miners at the Bear facility and half at the Chief facility, representing an expansion of ~30 MW, or ~1.25 EH/s, at each data center. Payment terms allow Bear LLC and Chief Mountain LLC to deliver up to 30% of the total consideration in the 90 days after delivery. Tyler Page, CEO of Cipher, commented, "We are pleased to announce we have finalized and funded the plans for initial 30 MW expansions in the second quarter at each of our Bear and Chief joint venture facilities. These expansions, along with plans for our newly acquired Black Pearl site, position us for strong growth, and I expect Cipher to be one of the industry winners coming out of the halving."
ELLO

Hot Stocks

16:21 EST Ellomay Capital to sell Talmei Yosef, Israel, solar facility for $12.2M - Ellomay Capital it executed an agreement to sell its holdings in the 9 MW solar facility located in Talmei Yosef, Israel. The agreement provides for the sale of the company's holdings in the Talmei Yosef Facility to Greenlight Fund and Doral Group Renewable Energy, in equal parts, in consideration for NIS 44.75M - approximately $12.2M, with an additional potential payment of up to NIS4M in the event the Talmei Yosef Facility will produce more than 18 million Kwh during 2024. The agreement provides for a cutoff date of June 30, 2023 and the company will be entitled to all revenues of the Talmei Yosef Facility up to such date, net of expenses for the period. The agreement includes customary representations and indemnification undertakings in connection with breaches of representations, which, other than with respect to customary exceptions, are subject to a cap of NIS9M and limited to a period of 18 months from the closing date. All conditions to closing are required to be fulfilled within a period of 90 days from execution of the Agreement, which can be extended to up to 150 days under certain circumstances. One of the conditions to closing is the end of the war in southern Israel and that the Talmei Yosef Facility will be physically accessible. In addition, the Agreement provides that in the event that due to the current war and hostilities in Israel the facility will be damaged or its output will decrease, the buyers will have the right not to consummate the acquisition of the facility. Following consummation of the sale, the company will maintain the rights to the two projects under development located in the vicinity of the Talmei Yosef Facility,
SEM

Hot Stocks

16:18 EST Select Medical announces potential separation of Concentra - Select Medical announced that its board of directors has approved a plan to pursue the separation of Select Medical's wholly-owned occupational health services business, Concentra Group Holdings Parent, LLC. If consummated, the potential separation would create two independent, publicly traded companies positioned for continued growth and market leadership. The potential separation aims to increase stockholder value and focus each company's strategic priorities on its respective marketplace. The potential separation is intended to be effected in a tax-free manner to Select Medical and its stockholders and be completed in late 2024. It is expected that after the separation, if consummated, Select Medical's stockholders will retain their current shares of Select Medical and also receive a pro rata distribution of Concentra stock in a transaction that is intended to be tax free to Select Medical and its stockholders for U.S. federal income tax purposes. The number of shares to be distributed and the specific transaction structure will be determined before the potential separation is complete. In connection with the proposed transaction, it is contemplated that Concentra would complete one or more financing transactions, the net proceeds from which will be used to repay intercompany debt or otherwise be distributed to Select Medical Corporation, and which will be used by Select Medical Corporation to repay a portion of its outstanding indebtedness. Select Medical is committed to establishing strong capital allocation strategies for each business that align with each businesses' long-term goals. Further details about capital structure, governance and other elements of the potential separation will be announced later. Robert A. Ortenzio, Executive Chairman and Co-Founder of Select Medical, stated, "The board and management team regularly evaluate strategic alternatives to maximize stockholder value, while supporting our overall mission - providing an exceptional patient care experience that promotes healing and recovery in a compassionate environment. We are pursuing the potential separation of Concentra with the objective of enhancing success of each business by creating two companies that will be leaders in their respective markets."
CGNX

Hot Stocks

16:17 EST Cognex CFO Paul Todgham resigns - Cognex SVP, Finance and CFO Paul Todgham has resigned from his position effective March 15, 2024. Todgham will continue to serve in the role of CFO until March 15 and will remain available to the company on a consulting basis after that time. Cognex is conducting a search process to identify a new CFO.
TGNA

Hot Stocks

16:17 EST Tegna, NBC renew affiliation agreements - TEGNA and NBC announced a comprehensive, multi-year deal that renews station affiliation agreements for 20 TEGNA markets nationwide, including 10 of the top 25 markets for NBC. The 20 markets renewed cover more than 21 million households, nearly 17 percent of U.S. TV households. TEGNA is the largest independent owner of NBC affiliates.
COLD PRMW

Hot Stocks

16:17 EST Americold Realty Trust CFO Marc Smernoff to depart, Jay Wells to succeed - Americold Realty Trust (COLD) announced a series of leadership updates. As part of these changes, the company and Marc Smernoff, executive VP and CFO, have mutually agreed that Smernoff's employment with the company will terminate, effective January 12. Jay Wells has been appointed to succeed Smernoff as executive VP and CFO, effective January 15. Wells joins Americold from Primo Water (PRMW). ,
UE

Hot Stocks

16:16 EST Urban Edge says it achieved 'record' leasing activity in Q4 - Urban Edge Properties announced it achieved record leasing activity for the fourth quarter of 2023, executing 22 new leases comprising 234,000 square feet, including the backfill of a 94,000 square foot former Bed Bath and Beyond with a single national credit tenant at Totowa Commons in Totowa, NJ. With this activity, Urban Edge has reached same-property portfolio leased occupancy of 96% as of December 31, 2023, an increase of 150 basis points compared to September 30, 2023 and 100 basis points compared to December 31, 2022 and the highest level since 2018. Same-space new leases executed in the fourth quarter generated an average rent spread of 38% on a cash basis. Urban Edge also announced today that it has completed the sales of Freeport Commons in Freeport, NY and a self-storage facility in North Bergen, NJ in separate transactions for a combined $101 million, representing a blended 5.8% cap rate on forward NOI. Freeport Commons was secured by a $43 million mortgage loan that was repaid at closing, generating net proceeds from both sales to the Company of approximately $56 million. The sale of Freeport Commons completes the 1031 exchange associated with the $309 million acquisition of Shoppers World and Gateway Center on October 23, 2023. The Company is also currently under contract to sell an additional non-core industrial asset for approximately $30 million. "2023 was a transformational year for Urban Edge highlighted by record leasing volumes, significant capital recycling that provided accretive earnings growth, and sizable refinancing activity that has further enhanced our strong balance sheet," said Jeff Olson, Chairman and CEO. "We continue to execute our business plan and remain on track to achieve our targeted FFO as adjusted of $1.35 per share in 2025."
CALM

Hot Stocks

16:16 EST Cal-Maine Foods falls 5% to $51.91 after Q2 earnings miss
CALM

Hot Stocks

16:13 EST Cal-Maine Foods say can mitigate HPAI-related loss of production - The company states: "Outbreaks of HPAI, or highly pathogenic avian influenza, have continued to occur in U.S. poultry flocks. Prior to November 2023, there were no reported significant outbreaks of HPAI in commercial table egg layer flocks since December 2022. On January 3, 2024, the USDA division of Animal and Plant Health Inspection Service reported that approximately 12.9 million commercial table egg layers and 1.5 million commercial table egg pullets have been depopulated as a result of HPAI outbreaks since the beginning of November 2023. Cal-Maine Foods experienced an HPAI outbreak within its facilities in Kansas, resulting in depopulation of approximately 1.5 million laying hens and 240 thousand pullets, or approximately 3.3% of its total flock, subsequent to quarter end. Cal-Maine Foods believes that it can mitigate the loss of production through flock rotations. The Company remains dedicated to robust biosecurity programs across its locations; however, no farm is immune from HPAI. HPAI is still present in the wild bird population and the extent of possible future outbreaks, with heightened risk during the migration seasons, cannot be predicted. According to the U.S. Centers for Disease Control and Prevention, these detections do not present an immediate public health concern. The Company believes the HPAI outbreak will continue to affect the overall supply of eggs until the layer hen flock is fully replenished. The layer hen flock five-year monthly average for the month of December from 2018 through 2022 was 330.1 million hens. According to the USDA, the U.S. flock consisted of 321.6 million layers producing table or market type eggs as of December 1, 2023, which is 2.6 % below the five-year average."
CALM

Hot Stocks

16:12 EST Cal-Maine Foods CFO says decline in Q2 revenue due to lower egg selling prices - CFO Max Bowman states: ""For the second quarter of fiscal 2024, our net sales were $523.2 million compared with $801.7 million for the same period last year. The decline in sales revenue for the second quarter of fiscal 2024 was primarily due to the significant decrease in the net average selling price for conventional eggs. However, our sales volumes improved slightly with 288.2 million total dozens sold in the second quarter of fiscal 2024 compared with 284.1 million, an increase of 1.4%, over the same period last year. Net income attributable to Cal-Maine Foods, Inc. for the second quarter of fiscal 2024 was $17.0 million, or $0.35 per diluted share, compared with $198.6 million, or $4.07 per diluted share, for the second quarter of fiscal 2023. These results include a $19.6 million loss contingency accrual, reflected in SG&A expenses, for our estimated share of damages and fees awarded in a pending anti-trust legal proceeding. We are still pursuing legal actions to reverse, and if necessary, appeal the decisions. While conventional egg prices improved sequentially, the net average selling price per dozen was $1.458 for conventional eggs in the second quarter of fiscal 2024, down 49.4% compared with $2.883 for the prior-year quarter. Net average selling price for specialty eggs was $2.277 per dozen, compared with $2.370 per dozen for the second quarter of fiscal 2023, a decline of 3.9%. Specialty dozens sold were 33.2% of total dozens sold in the second quarter of fiscal 2024 compared with 33.8% in the prior-year period. Cage-free eggs accounted for approximately 30.4% of shell egg revenue for the second quarter of fiscal 2024. We reported operating income of $14.2 million for the second quarter of fiscal 2024, compared with operating income of $259.9 million for the prior-year quarter, primarily reflecting lower market prices. However, we benefitted from lower feed ingredient prices compared with the same period a year ago. We continued to focus on the aspects of our business we can control and managed our operations efficiently despite higher input costs at our production, processing and distribution centers, as well as ongoing investments in enhanced biosecurity measures to mitigate the risk of highly pathogenic avian influenza".
FIXX

Hot Stocks

16:11 EST Homology Medicines receives noncompliance notification from Nasdaq - Homology Medicines announced that it received notification from Nasdaq indicating that, for the last thirty consecutive business days, the bid price for the company's common stock had closed below the minimum $1.00 per share requirement for continued listing on the Nasdaq Global Select Market.
SLP

Hot Stocks

16:09 EST Simulations Plus names Will Frederick COO, Dan Szot CRO - Simulations Plus announced the following leadership changes effective January 3, 2024. "We are excited to announce key strategic appointments that will advance our objective to seamlessly and organically align with our clients' needs," said Shawn O'Connor, Chief Executive Officer. "We have a deep bench of talent at Simulations Plus, and I am delighted to recognize the excellent leadership and accomplishments that each person has demonstrated. This team has a wide range of experience, proven execution and a shared vision that will strengthen our ability to realize our strategic growth initiatives." Will Frederick, currently Chief Financial Officer, assumes the additional role of Chief Operating Officer in recognition of his operational leadership. Mr. Frederick has served as Chief Financial Officer since joining Simulations Plus in December 2020. Dan Szot joins Simulations Plus as Chief Revenue Officer. In this new role, Mr. Szot oversees the sales and marketing teams to identify collaborative cross-selling opportunities and enhance productivity. Mr. Szot was previously at Dassault Systemes where he served as Global Vice President of Sales and Field Operations for the BIOVIA brand. In his over 20 years in the industry, Mr. Szot has had broad experience across all phases of drug development in large organizations in enterprise sales, research discovery, and clinical applications. Mr. Szot reports to Shawn O'Connor, Chief Executive Officer. Josh Fohey transitions from Vice President of Business Development to Senior Vice President, Operations. In this key operational role, Mr. Fohey will leverage his customer insights to provide leadership across all business units supporting client-focused services operations, product operations, and quality management. Mr. Fohey joined Simulations Plus in 2019 as Director of Operations and was promoted to Vice President, Operations in 2020. Prior to joining Simulations Plus, he had several operational, scientific, and business development roles during his 14 years at Covance. In his new role, Mr. Fohey reports to Will Frederick, Chief Financial Officer and Chief Operating Officer. Sandra Suarez-Sharp, Ph.D., currently Vice President, Regulatory Affairs, is promoted to President, Regulatory Strategies.
VLD

Hot Stocks

16:07 EST Velo3D discloses continued listing standard notice from NYSE - Velo3D announced it was notified on December 28, 2023 by the New York Stock Exchange that the Company is not in compliance with Rule 802.01C of the NYSE's Listed Company Manual relating to the minimum average closing price of the Company's common stock required over a consecutive 30 trading-day period. The notice does not result in the immediate delisting of the Company's common stock from the NYSE. The Company intends to notify the NYSE within 10 business days of its intent to regain compliance with Rule 802.01C. The Company can regain compliance at any time within the six-month cure period if, on the last trading day of any calendar month during the cure period, the common stock has a closing share price of at least $1.00 and an average closing share price of at least $1.00 over the 30 trading-day period ending on the last trading day of that month. The Company fully intends to remain listed on the NYSE, and will consider the best available alternatives, including, but not limited to, a reverse stock split, subject to stockholder approval, if necessary to regain compliance.
FHTX

Hot Stocks

16:06 EST Foghorn Therapeutics CFO Allan Reine to depart - Foghorn Therapeutics announced that CFO, Allan Reine will be departing the company to pursue another opportunity. The company has commenced a formal search for a successor. Reine's last day as a full-time employee with Foghorn will be January 16.
NXST

Hot Stocks

16:06 EST Nexstar, Fubo reach multi-year distribution agreement - Nexstar Media Group (NXST), and FuboTV (FUBO), announced that they have reached a new comprehensive multi-year distribution agreement covering 89 Nexstar-owned local TV stations affiliated with The CW Network, MyNetworkTV, ABC, and independents, including 37 CW Network affiliates, 25 MyNetworkTV affiliates, 23 ABC affiliates, and four independent television stations. The agreement also extends Fubo's carriage of Nexstar's national cable news network, NewsNation. Financial terms were not disclosed.
INTC

Hot Stocks

16:05 EST Intel names Justin Hotard to lead Data Center and AI Group - Intel Corporation announced the appointment of Justin Hotard as executive vice president and general manager of its Data Center and AI Group, effective Feb. 1. He joins Intel with more than 20 years of experience driving transformation and growth in computing and data center businesses, and is a leader in delivering scalable AI systems for the enterprise. Hotard will become a member of Intel's executive leadership team and report directly to CEO Pat Gelsinger. He will be responsible for Intel's suite of data center products spanning enterprise and cloud, including its Intel(R) Xeon(R) processor family, graphics processing units and accelerators. He will also play an integral role in driving the company's mission to bring AI everywhere.
GLPG

Hot Stocks

16:05 EST Galapagos collaborates with BridGene Biosciences for small molecule drugs - Galapagos announced a strategic collaboration and licensing agreement with BridGene Biosciences, a leader in the discovery of small molecule drugs for traditional "hard-to-drug" targets. Under the collaboration, BridGene will use its chemoproteomics platform, IMTAC, to discover novel small molecule drug candidates against the collaboration targets. The parties will collaborate to advance the molecules to clinical candidates, which Galapagos has the exclusive rights to develop and commercialize. The preclinical research collaboration will focus on oncology targets named by Galapagos. Galapagos will pay BridGene up to $27M in upfront and preclinical research milestone payments and more than $700M in clinical and commercial milestones, assuming success of the programs. BridGene is also eligible to receive tiered royalties on net sales of each product resulting from the collaboration.
CGNX

Hot Stocks

16:05 EST Cognex CFO to resign, company conducting search for new CFO - In a regulatory filing, Cognex disclosed that on January 3, the company and Paul Todgham, Senior Vice President of Finance and Chief Financial Officer of the company, mutually agreed that Mr. Todgham will resign from the company, effective March 15, 2024. "Mr. Todgham's resignation was not the result of any disagreements with the company on any matters relating to its operations, policies or practices. The company is conducting a search for a new Chief Financial Officer," Cognex stated.
WSFS

Hot Stocks

16:04 EST WSFS Financial names Lisa Brubaker as Chief Human Resources Officer - WSFS Bank, the primary subsidiary of WSFS Financial Corporation, announced that Lisa Brubaker will assume the role of Executive Vice President, Chief Human Resources Officer reporting to Rodger Levenson, Chairman, President and Chief Executive Officer of WSFS. In her new role, Brubaker will lead all Human Resources functions, including Talent Acquisition, Total Rewards, Operations, Learning & Development, Associate Engagement, and Diversity, Equity & Inclusion.
GLPG

Hot Stocks

16:04 EST BridGene in $27M collaboration and licensing pact with Galapagos - BridGene Biosciences announced a strategic collaboration and licensing agreement with Galapagos . Under the collaboration, BridGene will use its chemoproteomics platform, IMTAC , to discover novel small molecule drug candidates against the collaboration targets. The parties will collaborate to advance the molecules to clinical candidates, which Galapagos has the exclusive rights to develop and commercialize.The preclinical research collaboration will focus on oncology targets named by Galapagos. Galapagos will pay BridGene up to $27M in upfront and preclinical research milestone payments and more than $700M in clinical and commercial milestones, assuming success of the programs. BridGene is also eligible to receive tiered royalties on net sales of each product resulting from the collaboration. "BridGene's proven expertise in discovering small molecule drugs for challenging targets positions them as an ideal partner in pioneering new avenues in oncology drug discovery," said Pierre Raboisson, PhD, Senior Vice President and Head of Small Molecules Discovery at Galapagos. "By integrating BridGene's innovative platform with our robust capabilities in drug discovery and clinical development, we are poised to develop breakthrough cancer therapies. Our goal is to deliver transformative precision medicines for cancer with limited treatment options."
BMI TRMB

Hot Stocks

16:02 EST Badger Meter acquires water monitoring hardware and software from Trimble - Badger Meter (BMI) has acquired select remote water monitoring hardware and software from Trimble (TRMB), inclusive of the Telog brand of RTUs - remote telemetry units - and Trimble Unity Remote Monitoring software. The acquisition provides real-time monitoring hardware and software targeted at distributed data collection for applications in water, wastewater, stormwater and environmental water monitoring.
HWC

Hot Stocks

16:01 EST Hancock Whitney Bank president Joe Exnicios to retire March 1, 2024 - Senior Executive Vice President of Hancock Whitney Corporation and President of Hancock Whitney Bank Joseph S. "Joe" Exnicios has announced his planned retirement date of March 1, 2024. He has been with the company since 1978. "Joe Exnicios has been a driving force behind our organization's success as a financial and community partner throughout the metropolitan New Orleans region for the past 46 years," said Hancock Whitney President and Chief Executive Officer John Hairston. "Having been a bank leader in the New Orleans market early in his career, Joe transitioned to lead the commercial bank before assuming several executive positions, ultimately reaching the role of bank president. While Joe has enjoyed tremendous success as an executive, his greatest gift has been in coaching and mentoring hundreds of young bankers during his many years in service."
MSFT

Hot Stocks

14:05 EST Microsoft adds voice shortcuts to Windows 11 Preview Build - Microsoft said in a blog post that it is releasing Windows 11 Insider Preview Build 26020 to the Canary Channel. Build 26020 comes with extended languages, multi-display support, and custom commands for voice access, as well as previews for natural voices of 10 new locales launched in September 2023. Reference Link
PTHR

Hot Stocks

14:02 EST Pono Capital Three Inc trading resumes
PTHR

Hot Stocks

13:52 EST Pono Capital Three Inc trading halted, volatility trading pause
WULF

Hot Stocks

13:44 EST TeraWulf self-mines 334 bitcoin in December - December 2023 Highlights: Self-mined 334 bitcoin in December with an average production rate of over 10 bitcoin per day. Power cost averaged $11,212 per bitcoin self-mined, or approximately $0.038/kWh in December. Building 3 at the Lake Mariner facility is operationally ready with energization of additional 18,500 S19j XP miners expected in February 2024. Construction of Building 4 is underway. Expansion of existing high-performance computing project supporting generative AI and large language model applications at the Lake Mariner facility, planned for 2024. Expect to repay approximately $14 million of debt with cash generated in Q4 2023, with an $11 million expected repayment in January 2024, thereby reducing the Company's future interest payments. "During December, the Company mined 334 bitcoin, a slight increase from November's bitcoin production, due to continued improvement leveraging lower winter temperatures across both the Lake Mariner and Nautilus facilities, along with streamlined miner maintenance and healthy transaction fees," said Sean Farrell, SVP of Operations at TeraWulf. "The Lake Mariner team also performed routine maintenance in December on the primary transformer that feeds approximately 4,700 miners. The 15-day outage included replacement of the tertiary bushings on the unit as a preventative measure to ensure long term reliability."
QS VWAGY

Hot Stocks

13:12 EST QuantumScape solid-state cell passed first endurance test, PowerCo says - Volkswagen's (VWAGY) PowerCo confirmed that QuantumScape's solid-state cell passed its first endurance test. "QuantumScape has recently reached an important milestone, which was now confirmed by PowerCo: its solid-state cell has significantly exceeded the requirements in the A-sample test and successfully completed more than 1,000 charging cycles," the company said in a statement. This corresponds to a total mileage of more than half a million kilometers, it added. The same time, the cell barely aged and still had 95% of its capacity at the end of the test, according to PowerCo. Reference Link
CNI...

Hot Stocks

13:07 EST North American rail traffic up 4.4% for the week ending December 30 - The Association of American Railroads, AAR, reported U.S. rail traffic for the week ending December 30, as well as volumes for December 2023. U.S. railroads originated 876,881 carloads in December 2023, up 7.3%, or 59,804 carloads, from December 2022. U.S. railroads also originated 982,383 containers and trailers in December 2023, up 10.2%, or 90,881 units, from the same month last year. Combined U.S. carload and intermodal originations in December 2023 were 1,859,264, up 8.8%, or 150,685 carloads and intermodal units from December 2022. "Total U.S. rail carloads were up 2.% in the fourth quarter of 2023 over the fourth quarter of 2022, while U.S. intermodal was up 5.5 % over the same period. That means Q4 was clearly the best quarter of 2023 for U.S. rail volumes on a year-over-year basis," said AAR Senior Vice President John T. Gray. "It appears that intense rail efforts to improve service quality are paying off. Railroads are hopeful that gains in the fourth quarter will carry over into the first quarter of 2024 and beyond." Excluding coal, carloads were up 45,833 carloads, or 7.9%, in December 2023 from December 2022. Excluding coal and grain, carloads were up 40,036 carloads, or 8%. Total U.S. weekly rail traffic was 370,800 carloads and intermodal units, up 3.4% compared with the same week last year. Total carloads for the week ending December 30 were 182,062 carloads, up 4.1% compared with the same week in 2022, while U.S. weekly intermodal volume was 188,738 containers and trailers, up 2.7% compared to 2022. North American rail volume for the week ending December 30, on 10 reporting U.S., Canadian and Mexican railroads totaled 270,807 carloads, up 5% compared with the same week last year, and 254,475 intermodal units, up 3.8% compared with last year. Total combined weekly rail traffic in North America was 525,282 carloads and intermodal units, up 4.4%. North American rail volume for the first 52 weeks of 2023 was 34,105,519 carloads and intermodal units, down 2.1% compared with 2022. Publicly traded companies in the space include CSX (CSX), Canadian National (CNI), Canadian Pacific Kansas City (CP), Kansas City Southern (KSU), Norfolk Southern (NSC), Union Pacific (UNP), Trinity Industries (TRN), Greenbrier (GBX), FreightCar America (RAIL) and Wabtec (WAB)... Reference Link
ROKU

Hot Stocks

13:03 EST Roku announces launch of Roku Pro Series TVs - Roku announced the new Roku Pro Series TVs, which it says are "further expanding the lineup of award-winning Roku-branded televisions to bring more choice to consumers." Available in three sizes, 55", 65", and 75", the Roku Pro Series "delivers a powerful yet simple streaming experience with a brilliant picture, immersive audio, and elegant design that elevates customers' entertainment," the company stated. Roku Pro Series TVs, available in sizes between 55-75", along with a unique optional mount developed by Roku, will be available in the U.S. beginning spring of 2024 with retail prices under $1,500. Roku also announced today that Roku Smart Picture, a new set of features, will come to the Roku TV program in spring 2024.
FUJHY

Hot Stocks

13:01 EST Subaru reports December U.S. sales up 1.8% to 57,764 vehicles - Subaru of America reported "17 consecutive months of increased sales" with 57,764 vehicles sold for December 2023, a 1.8% increase compared with a December 2022 total of 56,760 vehicles. Subaru ended calendar year 2023 with 632,086 vehicle sales, a 13.6% increase compared with calendar year 2022.
EVO

Hot Stocks

12:50 EST Evotec CEO Lanthaler to step down - Evotec announced that CEO Werner Lanthaler has informed the company that he has decided to step down as CEO and will not continue to serve until the end of his current term, for personal reasons. The Supervisory Board has accepted his resignation from his office. Werner Lanthaler will continue to be available as a strategic advisor to the company's Supervisory Board. Dr Mario Polywka, former COO and currently member of the Supervisory Board has agreed to step in as interim CEO. Evotec confirms guidance 2023.
HMC

Hot Stocks

12:33 EST Honda reports December U.S. sales up 36.5% to 123,388 units - American Honda reports December U.S. sales of 123,388 units, up 36.5% versus last year. American Honda reports 2023 sales up 33.4% to 1.31M units.
NPO

Hot Stocks

12:27 EST McNally Capital to sell Advanced Micro Instruments to Enpro - McNally Capital announced the firm has entered into a signed purchase agreement for the sale of Advanced Micro Instruments, Inc. to Enpro Inc. AMI is a provider of highly engineered, application-specific analyzers and sensing technologies that monitor critical parameters to maintain infrastructure integrity, enable process efficiency, enhance safety, and facilitate the clean energy transition. "Under McNally's stewardship, AMI has strengthened in all facets. From facilitating revolutionary product development and organic growth to diversifying our client and distribution base with widespread industry adoption of AMI's products, they have driven tremendous value creation for the Company," said AMI founder and former President and CEO, Steven Kirchnavy. The transaction is expected to close in early 2024, subject to limited closing conditions, including regulatory approvals.
YRD

Hot Stocks

12:00 EST Yirendai rises 11.7% - Yirendai is up 11.7%, or 42c to $4.01.
GOTU

Hot Stocks

12:00 EST Gaotu Techedu rises 13.9% - Gaotu Techedu is up 13.9%, or 46c to $3.73.
TDCX

Hot Stocks

12:00 EST TDCX rises 33.5% - TDCX is up 33.5%, or $1.62 to $6.45.
LDI

Hot Stocks

12:00 EST LoanDepot falls -9.1% - LoanDepot is down -9.1%, or -31c to $3.09.
LTHM

Hot Stocks

12:00 EST Livent falls -9.6% - Livent is down -9.6%, or -$1.74 to $16.31.
PNST

Hot Stocks

12:00 EST Pinstripes falls -33.9% - Pinstripes is down -33.9%, or -$4.51 to $8.80.
EQNR BP

Hot Stocks

11:50 EST Equinor, BP to terminate OREC agreement for Empire Wind 2 project - Equinor (EQNR) and bp (BP) announced an agreement with the New York State Energy Research and Development Authority to terminate the Offshore Wind Renewable Energy Certificate Agreement for the Empire Wind 2 project, an offshore wind project in the US with potential generative capacity of 1,260 MW. This agreement reflects changed economic circumstances on an industry-wide scale and repositions an already mature project to continue development in anticipation of new offtake opportunities. The decision recognizes commercial conditions driven by inflation, interest rates and supply chain disruptions that prevented Empire Wind 2's existing OREC agreement from being viable. "Commercial viability is fundamental for ambitious projects of this size and scale. The Empire Wind 2 decision provides the opportunity to reset and develop a stronger and more robust project going forward," said Molly Morris, president of Equinor Renewables Americas. "We will continue to closely engage our many community partners across the state. As evidenced by the progress at the South Brooklyn Marine Terminal, our offshore wind activity is ready to generate union jobs and significant economic activity in New York." The Empire Wind 1 and Empire Wind 2 projects recently reached a key federal permitting milestone, having received the federal Record of Decision from BOEM; last month, Empire Wind 1 also received its Article VII Certificate of Environmental Compatibility and Public Need in New York. Reference Link
GOLD FQVLF

Hot Stocks

11:37 EST Barrick falls 3% to $17.31 after Bloomberg report of First Quantum interest
GM

Hot Stocks

11:19 EST General Motors reports Q4 U.S. deliveries up 0.3% to 625,176 units - General Motors and its dealers delivered 2.6M vehicles in the U.S. in 2023, up 14% year-over-year, the company announced. "GM led the industry in total sales and was the top selling manufacturer of trucks, full-size pickups, full-size SUVs, affordable SUVs and fleet vehicles," the company said. "GM has tremendous momentum. We grew our market share in 2023, maintaining strong pricing and low incentives. We led the industry in trucks and had great success with our affordable SUVs like the Chevrolet Trax and Buick Envista, some of today's hottest-selling vehicles. In 2024, we expect industry sales to remain strong and we're excited about the opportunities ahead as we expand customer choice with new vehicles like the Chevrolet Equinox EV and Cadillac Escalade IQ," added Marissa West, GM senior vice president and president, North America. Reference Link
MSTR

Hot Stocks

11:02 EST MicroStrategy chairman sells almost $216M worth of company shares - MIcroStrategy Chairman Michael Saylor is selling $215.88M worth of company shares, according to a filing on Tuesday. The 315,000 shares were acquired via stock options, the filing says.
MZDAY

Hot Stocks

10:49 EST Mazda North America reports December sales up 44.8% to 39,518 vehicles - Mazda North American Operations reported total December sales of 39,518 vehicles, an increase of 44.8% compared to December 2022. Full-year sales totaled 363,354 vehicles; an increase of 23.2% compared to 2022. With 26 selling days in December, compared to 27 the year prior, the company posted an increase of 50.4% on a Daily Selling Rate, or DSR, basis.
TM

Hot Stocks

10:44 EST Toyota reports Q4 U.S. sales up 15.4% to 619,661 vehicles - Toyota Motor North America reported year-end 2023 U.S. sales of 2,248,477 vehicles, an increase of 6.6% on a volume basis and an increase of 7.0% on a daily selling rate, or DSR, basis compared to 2022. The company reported U.S. fourth quarter 2023 sales of 619,661 vehicles, an increase of 15.4% on a volume basis and an increase of 18.5% on a DSR basis compared to the fourth quarter of 2022. U.S. December 2023 sales totaled 226,116 vehicles, an increase of 25.5% on a volume basis and an increase of 30.3% on a DSR basis compared to December 2022. Reference Link
ELTX

Hot Stocks

10:10 EST Angion Biomedica Corp trading resumes
ELTX

Hot Stocks

10:05 EST Angion Biomedica Corp trading halted, volatility trading pause
RDW

Hot Stocks

10:00 EST Redwire rises 7.5% - Redwire is up 7.5%, or 22c to $3.18.
PSTG

Hot Stocks

10:00 EST Pure Storage rises 7.9% - Pure Storage is up 7.9%, or $2.75 to $37.57.
TDCX

Hot Stocks

10:00 EST TDCX rises 28.2% - TDCX is up 28.2%, or $1.36 to $6.19.
ANVS

Hot Stocks

10:00 EST Annovis Bio falls -10.1% - Annovis Bio is down -10.1%, or -$1.91 to $17.02.
XPOF

Hot Stocks

10:00 EST Xponential Fitness falls -10.2% - Xponential Fitness is down -10.2%, or -$1.29 to $11.36.
PNST

Hot Stocks

10:00 EST Pinstripes falls -19.7% - Pinstripes is down -19.7%, or -$2.62 to $10.69.
MULN

Hot Stocks

09:52 EST Mullen Automotive hits Class 3 delivery target for 2023 - Mullen Automotive announces that for calendar year 2023 Mullen achieved its previously announced Class 3 target with 154 Class 3's built and 141 Class 3's delivered to Randy Marion Automotive Group for a total invoiced amount of $9,196,021. The remaining 13 vehicles are being utilized for engineering and marketing purposes. Mullen THREE production is based out of Tunica, Mississippi, which is home to Mullen's commercial vehicle assembly for both the Mullen ONE, Class 1 EV cargo van, and the Class 3 EV cab chassis trucks.
WAKE

Hot Stocks

09:51 EST Piedmont Federal Savings Bank completes acquisition of Wake Forest - Piedmont Financial Holding Company has announced the completion of its acquisition of Wake Forest Bancshares. Piedmont Federal was chartered in 1903 and serves clients in markets ranging from the Northwest Piedmont to the Triad and Lake Norman. Its merger with Wake Forest Federal, founded in 1922, has extended its deposit client base to include Wake Forest Federal's office located in the heart of Wake Forest, NC, which will continue to operate as "Wake Forest Federal, a division of Piedmont Federal," for the foreseeable future. Per the terms of the transaction, minority shareholders of Wake Forest Bancshares received $34.34 in cash for each publicly owned share. Wake Forest Federal members will receive mutual rights in Piedmont Federal, which is 100% mutually owned by its members. In addition, Piedmont Federal will establish a $500,000 foundation to benefit the community of Wake Forest. It is believed that this would be the largest privately sourced community foundation in the Wake Forest area. The current members of the Wake Forest Federal Board will initially serve on the Board of Trustees of the foundation, as will one independent member who will be appointed by Piedmont Federal in consultation with Wake Forest Federal. Renee Shaw, President and CEO of Wake Forest Federal, has joined Piedmont Federal's board, and the remaining directors of Wake Forest Federal have been invited to join a local advisory board.
MRNA...

Hot Stocks

09:49 EST Florida surgeon general calls for halt to use of mRNA Covid-19 vaccines - Joseph Ladapo, Florida's surgeon general, is calling for a halt to the use of mRNA Covid-19 vaccines. He said via a statement on X, formerly known as Twitter, "The U.S. FDA and the Centers for Disease Control and Prevention have always played it fast and loose with Covid-19 vaccine safety, but their failure to test for DNA integration with the human genome - as their own guidelines dictate - when the vaccines are known to be contaminated with foreign DNA is intolerable." mRNA Covid-19 vaccine makers include Moderna (MRNA) and Pfizer (PFE). Reference Link
KOLD

Hot Stocks

09:47 EST ProShares UltraShort Bloomberg Natural Gas falls -8.2% - ProShares UltraShort Bloomberg Natural Gas is down -8.2%, or -$7.47 to $84.10.
PNST

Hot Stocks

09:47 EST Pinstripes falls -10.1% - Pinstripes is down -10.1%, or -$1.34 to $11.97.
XPOF

Hot Stocks

09:47 EST Xponential Fitness falls -13.2% - Xponential Fitness is down -13.2%, or -$1.67 to $10.98.
BITI

Hot Stocks

09:47 EST Biotie Therapies rises 6.2% - Biotie Therapies is up 6.2%, or 77c to $13.03.
PSTG

Hot Stocks

09:47 EST Pure Storage rises 6.6% - Pure Storage is up 6.6%, or $2.29 to $37.11.
TDCX

Hot Stocks

09:47 EST TDCX rises 28.6% - TDCX is up 28.6%, or $1.38 to $6.21.
SIDU

Hot Stocks

09:45 EST Sidus Space Inc trading resumes
PROP

Hot Stocks

09:43 EST Prairie Operating Co trading resumes
PNST

Hot Stocks

09:43 EST Pinstripes Holdings Inc trading resumes
PNST

Hot Stocks

09:38 EST Pinstripes Holdings Inc trading halted, volatility trading pause
SIDU

Hot Stocks

09:35 EST Sidus Space Inc trading halted, volatility trading pause
RTX

Hot Stocks

09:34 EST NSPA awards COMLOG contract under European Sky Shield Initiative - The NATO Support and Procurement Agency has awarded COMLOG, a joint venture between Raytheon, and MBDA, their first contract under the European Sky Shield Initiative, or ESSI. With a total value of up to $5.6B, the NSPA contract supports a coalition of nations, including Germany, the Netherlands, Romania and Spain, with a combined quantity of up to 1,000 Patriot GEM-T missiles, if all options are exercised. The contract includes qualification of updated components, addition of new suppliers, test equipment, and spares to support future sustainment. To support delivery, COMLOG will expand the production capacity of GEM-T missiles in Europe.
PROP

Hot Stocks

09:33 EST Prairie Operating Co trading halted, volatility trading pause
KSCP

Hot Stocks

09:32 EST Knightscope awarded authority to operate by U.S. federal government - Knightscope announced that it has received its Authority to Operate from the Federal Risk and Authorization Management Program, sponsored by the U.S. Department of Veterans Affairs. FedRAMP is a government-wide program that provides a standardized approach to security assessment, authorization, and continuous monitoring for cloud products and services. This achievement means that Knightscope will eventually be listed on the FedRAMP Marketplace as an approved provider for federal agencies as a next step and can also begin its deployment processes to perform on the contract awarded by the VA for its first K5 ASR. "Knightscope's ATO achievement proves our organizational focus on cyber security and our unwavering commitment to our mission of better securing our country," said Mercedes Soria, EVP and Chief Intelligence Officer.
COIN...

Hot Stocks

09:28 EST Crypto names slide in pre-market as bitcoin falls below $42,000 - Stocks levered to bitcoin prices are trading sharply lower with the cryptocurrency falling from above $45,400 to below $42,000 overnight. In pre-market trading, Bit Digital (BTBT) is down 10.5% at $3.41 per share, Riot Blockchain (RIOT) is down 9.4% at $13.95, Marathon Digital (MARA) is down 10.7% at $20.56, MicroStrategy (MSTR) is down 6.6% at $640.00 and Coinbase Global (COIN) is down 6.8% at $146.25.
TMUS DIS

Hot Stocks

09:27 EST T-Mobile adds Hulu as free streaming service for Go5G Next customers - T-Mobile (TMUS) announced Disney's (DIS) Hulu is joining its suite of complimentary streaming services for Go5G Next customers. "Starting January 24, Hulu and its lineup of thousands of popular TV shows and hit movies will be included at no extra cost as a part of the Un-carrier's most value-packed plan, Go5G Next. And Hulu on Us isn't something customers only get for a few months like some of the streaming benefits other providers offer ... new and existing Go5G Next customers can simply enjoy it as a part of their plan. At no additional cost," T-Mobile stated in a press release. Reference Link
XRX

Hot Stocks

09:27 EST Xerox targets 15% workforce reduction, announces new operating model - Xerox announced a new operating model and organizational structure to further the company's Reinvention. The company has redesigned and realigned its executive team to support the new operating model. Effective immediately, John Bruno will lead the enterprise alignment of Print, Digital Services, and IT Services businesses. Louie Pastor returns to Xerox as chief transformation and administrative officer, charged with overseeing the Xerox Reinvention Office and the newly established Global Business Services organization. Flor Colon, has been appointed chief legal officer and corporate secretary. In addition, Joanne Collins Smee, executive VP and president, Americas and Tracey Koziol, executive VP of global offering solutions and chief product officer, have departed the company effective December 31, 2023. By implementing this new operating model, the company will take action this quarter, targeting a 15% workforce reduction. Proposed reductions will be subject to formal consultation with local works councils and employee representative bodies where applicable. Xerox is committed to providing transition support for affected employees.
WAVE

Hot Stocks

09:27 EST Eco Wave Power sends clean electricity to Israeli National Electric grid - Eco Wave Power Global is pleased to announce that it has commenced sending of clean electricity from its EWP-EDF One project in the Port of Jaffa, to the Israeli National Electrical grid. Eco Wave Power has recently finalized the construction of the EWP-EDF One project in the Port of Jaffa, in Israel. The EWP-EDF One Project was co-funded by EDF Renewable IL, who owns 50% of the project, and by the Israeli Ministry of Energy, which recognized the Eco Wave Power technology as a Pioneering technology. The project has 100KW installed capacity and is comprised of 10 floaters.
FLUX

Hot Stocks

09:25 EST Flux Power adds to gains in pre-market trading after CEO update letter - Shares of 'lithium-ion energy storage solutions firm" Flux Power are up 5c or 1% in pre market trading to $5.10 per share after issuing a corporate update letter to shareholders from Ron Dutt, CEO. Highlights included "added on average two new major customers each quarter while maintaining orders from existing customers. Expanding revenues from these relationships helped drive new customers to our technology." Sees "new heavy-duty models and OEM private label program commencing early in calendar year 2024 will effectively meet the robust market demand and significant backlog of open orders supports our strategy, along with a pipeline of high probability orders of over $100M' in FY24...In 2023 we took significant actions to strengthen our capital structure switching from our Silicon Valley Bank facility to a new $15M credit facility with Gibraltar Business Capital, This facility, along with our improvement in operating cash performance, supports our current business growth. An additional $2M subordinated line of credit with Cleveland Capital provides greater working capital optionality beyond our projected needs and continued confidence in our growth strategy from a long-term investor in Flux Power."
AYRO

Hot Stocks

09:19 EST Ayro receives first U.S. government order for low-speed electric vehicle - AYRO announces that the Company received its first U.S. Government order for the Company's utility low-speed electric vehicle, the AYRO Vanish, for a United States Embassy located in South Asia.
SMTI

Hot Stocks

09:17 EST Sanara MedTech announces exclusive license agreement for collagen peptides - Sanara MedTech has signed an exclusive license agreement with Tufts University to develop and commercialize patented technology covering 18 unique collagen peptides. As part of this agreement, Sanara has formed a new subsidiary, Sanara Collagen Peptides, and has issued 10% of SCP's outstanding units to Tufts. SCP has exclusive rights to develop and commercialize new products based on the licensed patents and patents pending. The agreement includes one U.S. patent, one granted European patent, one Canadian patent pending, and one Patent Cooperation Treaty patent pending. SCP will pay royalties to Tufts based on net sales of licensed products and technologies. Royalties will be calculated at a rate of 1.5% or 3%, depending on the type of product or technology developed. SCP will pay Tufts a minimum annual royalty of $50,000 on January 1 of the year following the first anniversary of the first commercial sale of the licensed products or technologies. SCP will pay Tufts a $100,000 minimum annual royalty on January 1 of each subsequent year during the royalty term specified in the exclusive license agreement.
DLPN

Hot Stocks

09:07 EST Dolphin Entertainment's 42West rebrands BHI to Fandoms & Franchises - Dolphin Entertainment has announced the rebranding of independent PR agency Bender/Helper Impact to Fandoms & Franchises. Dolphin Entertainment had acquired the company in 2021, making it the fourth division of 42West.
INTA

Hot Stocks

09:06 EST Intapp selected by AlixPartners to strengthen deal management - Intapp announced that global consulting firm AlixPartners has selected DealCloud as its new deal and pipeline management solution. "We're excited to work with AlixPartners, and to see consulting firms continually turn to Intapp solutions for firm management software," said Mark Holman, President of Accounting & Consulting at Intapp. "DealCloud will create a centralized deal management hub for the AlixPartners corporate development practice group, helping them create efficiencies and better manage their business."
CLSK

Hot Stocks

09:05 EST CleanSpark provides December Bitcoin mining update - December Bitcoin Mining Update (unaudited). Bitcoin mined in December: 720. CY2023 bitcoin mined: 7,391. Total BTC holdings as of December 31: 3,002. Total BTC sold in December: 293. Deployed fleet: 88,924. Month-end fleet efficiency: 26.4 J/Th. Current hashrate: 10.08 EH/s. The company sold 293 BTC in December 2023 at an average of approximately $42,700 per BTC. Sales of BTC equated to proceeds of approximately $12.5M. December daily BTC mined averaged 23.2 and reached a high of 29.8.
CWT

Hot Stocks

09:04 EST California Water Service promotes Mares, Dean, Bunting, and James - California Water Service announced the promotions of Michael Mares to Senior Vice President, Operations; Shannon C. Dean to Senior Vice President, Customer Service & Chief Sustainability Officer; Shawn Bunting to Senior Vice President, General Counsel & Business Development; and Sophie James to Vice President, Water Quality & Environmental Affairs, effective January 1, 2024. In their roles, Mares will oversee utility operations in California, Hawaii, New Mexico, and Washington; while Dean will continue oversight of corporate communications, customer service, government and community affairs, and the Company's sustainability and corporate citizenship efforts.
WGO

Hot Stocks

09:04 EST Winnebago kicks off 2024 with customer-driven RV lineup - Winnebago is kicking off 2024 with a wave of new products and technologies that will provide RVers with limitless outdoor experiences. With over 100 floorplans on display in Tampa, there's something for everyone - from travel trailers to camper vans to full size Class A motorhomes. Five new products are in the limelight to kick off 2024: View / Navion featuring the all-new Winnebago Connect digital platform, EKKO Sprinter, Revel featuring the all-new Winnebago Power system, Access and the M-Series.
FLUX SIVBQ

Hot Stocks

09:04 EST Flux Power: 'probability' of $100M + orders in FY24, secures new credit facility - Flux Power Holdings (FLUX) issued a letter to shareholders from Ron Dutt, CEO of Flux Power. Added 8 new customers in 2023, reflecting customers desire to fulfill long-term fleet needs of replacing lead acid battery packs with lithium-ion. Expansion of Gross Margins Leading to Profitability in FY2024..Strategic Supply Chain & Profitability..Improvement Initiatives continued to accelerate the path to cash flow breakeven. ..Secured a new $15M credit facility, with expansion capability to $20M, from Gibraltar Business Capital to fund working capital and to repay its existing credit facility with Silicon Valley Bank (SIVBQ) .Secured a new $2M subordinated line of credit with Cleveland Capital providing additional credit support with an extended duration to A Customer order backlog of $31.1M as of November 2, ..To meet the demanding needs of our customers with cutting-edge solutions, we continued to innovate our products and capabilities and expand our reach into new applications...Our significant backlog of open orders supports our strategy, along with a pipeline of high probability orders of over $100M ahead of us in 2024. In 2023 we took significant actions to strengthen our capital structure while managing our business growth and margin expansion with careful priorities as part of our strategy to enhance shareholder value. We migrated from our Silicon Valley Bank facility to a new $15M credit facility with Gibraltar Business Capital, which provides lower interest rates, a two-year term, and the potential to expand the facility to $20M to accommodate higher working capital needs as our business grows. This facility, along with our improvement in operating cash performance, supports our current business growth. An additional $2.0 million subordinated line of credit with Cleveland Capital provides greater working capital optionality beyond our projected needs and continued confidence in our growth strategy from a long-term investor in Flux Power. As we look to the future, we believe it is good corporate practice to have replaced our previous shelf registration as this allows the Company maximum flexibility with respect to our capital management.
BL

Hot Stocks

09:03 EST BlackLine names Emily Campbell as Chief Marketing Officer - BlackLine announced that technology industry veteran Emily Campbell has joined the company as chief marketing officer, effective Jan. 2nd. As CMO, Campbell is responsible for driving BlackLine's global marketing strategy as the digital finance transformation leader seeks to capitalize on the growing worldwide demand for solutions that drive greater automation, efficiency, financial governance, and risk management for the Office of the CFO. She will report to Co-CEO Owen Ryan. Campbell comes to BlackLine with more than 25 years of marketing leadership experience, most recently as CMO at Infinite Electronics where she oversaw global brand marketing strategy, e-commerce, customer experience, communications, inside sales, and technical support.
ASRT

Hot Stocks

09:03 EST Assertio announces CEO Peisert to step down, Mason to serve as interim CEO - Assertio announced that Dan Peisert is stepping down as the Company's Chief Executive Officer. The Board has appointed Heather Mason, currently an independent director of the Company and Chair of its Nominating and Corporate Governance Committee, to serve as interim CEO as the Company conducts a search for a permanent chief executive. Mason has served as a member of the Assertio board since 2019 and brings deep experience as a leader in the pharmaceutical and healthcare industry with a strong track record in successful commercial execution.
EVC SNAP

Hot Stocks

09:03 EST Entravision enters sales partnership with Snap - Entravision (EVC) has entered into a sales partnership with Snap (SNAP). The partnership aims to leverage Snap's advertising solutions and consumer reach in emerging markets such as South Korea, Vietnam and the Philippines. Snapchat continues to grow its community and business operations across Asia-Pacific and this strategic partnership with Entravision will enable brands in these new markets to engage with Snapchatters around the world. Through innovative technology and advertiser solutions, Snapchat allows brands and marketers to connect with 750M users per month.
TTOO

Hot Stocks

09:02 EST T2 Biosystems announces FDA 510k submission to expand use of T2Candida panel - T2 Biosystems announced that it has submitted a 510(k) premarket notification to the U.S. Food and Drug Administration to expand the use of its FDA-cleared T2Candida Panel to include pediatric testing. "This FDA submission marks another important milestone in our commitment to expand the clinical utility of our sepsis test panels and we look forward to working through the premarket review process to obtain clearance," stated John Sperzel, Chairman and CEO of T2 Biosystems. "Candidiasis disproportionally affects critically ill children, and we believe a pediatric testing claim for our FDA-cleared T2Candida Panel will allow clinicians to improve outcomes and reduce cost by achieving faster targeted antifungal treatment for their pediatric patients."
HYMTF

Hot Stocks

09:02 EST Hyundai Motor America reports December total sales of 75,164 units, up 4% y/y - Hyundai Motor America reported total December sales of 75,164 units, a 4% increase compared with December 2022 and the highest December sales total in company history. This is the 17th month in a row Hyundai has achieved increases in total sales. Hyundai set total sales records in December for IONIQ 5 (+90%), Santa Fe PHEV (+3205%), Santa Fe HEV (+74%), Tucson (+8%), Tucson PHEV (+8455%) and Palisade (+95%). All-time total sales monthly records were set for Tucson PHEV, Santa Fe PHEV and Palisade.
GOVX

Hot Stocks

09:02 EST GeoVax Labs announces issuance of Malaria vaccine patent - GeoVax Labs announced that the U.S. Patent and Trademark Office has issued Patent No. 11,857,611 to GeoVax, pursuant to the Company's patent application No. 17/726,254 titled "Compositions and Methods for Generating an Immune Response to Treat or Prevent Malaria." The claims granted by the patent generally cover compositions comprising GeoVax's modified vaccinia Ankara vector expressing Plasmodium antigens and methods of inducing an immune response to malaria utilizing the compositions. The compositions and methods covered in the claims are useful both prophylactically and therapeutically and may be used to prevent and/or treat malaria.
LPLA

Hot Stocks

09:01 EST LPL Financial: Zachary Fiandt joins broker-dealer, RIA, custodial platforms - LPL Financial announced that financial advisor Zachary Fiandt CFP, CIMA has joined LPL Financial's broker-dealer, RIA and custodial platforms, aligned with Financial Partners, Inc., an existing firm that's part of Exemplar Financial Network. Fiandt reported having served approximately $260M in advisory assets and joins LPL from PNC Private Bank Trust.
RTX

Hot Stocks

09:01 EST RTX's Raytheon awarded $400M U.S. Air Force contract - The U.S. Air Force awarded Raytheon, an RTX business, a $400M contract to produce and deliver more than 1,500 StormBreaker smart weapons. StormBreaker is the leading air-to-surface, network enabled weapon that can engage moving targets in all weather conditions using its multi-effects warhead and tri-mode seeker.
LQR

Hot Stocks

08:53 EST LQR House reports 458% y/y revenue increase in December - LQR House announces a 458% YOY increase in revenue for December 2023 compared to December 2022. This achievement aligns with The National Retail Federation's forecast, projecting record-breaking holiday spending between $957.3 billion and $966.6 billion during November and December 2023. In December 2022, LQR House recorded revenue at $74,053, and the Company has witnessed a significant growth to $339,713 in December 2023. We believe that this accomplishment is not isolated but part of a broader trend, evidenced by record-breaking sales over the Black Friday to Cyber Monday weekend where November's monthly revenue surged over 300% year-over-year. In our view, these results indicate that this is not a one-time occurrence for LQR House, but rather, we believe it's evolving into a recurring situation where LQR House is actively cultivating consistent momentum.
DGLY

Hot Stocks

08:52 EST Digital Ally concludes 2023 with over 100 new subscription customers - Digital Ally announced over 110 new subscription contracts were signed throughout 2023, a notable milestone that brings the Company's total to exceed 300 contracts, continuing to display the strong demand for our FirstVu Pro body-worn cameras and EVO-HD in-car video solutions. The Company's switch to a subscription program model in mid-2020 has proven to be a great success and widely accepted in the industry, already surpassing $10M in deferred revenues, as adequate funding for many municipalities can often be a rigorous and slow process. The subscription model minimizes their upfront capital expenditure and allows flexibility for the customer based on their current financial situation, without having to sacrifice their urgency for video evidence technology.
CDIO

Hot Stocks

08:50 EST AMA grants Cardio Diagnostics CPT PLA reimbursement code for Epi+Gen CHD - Cardio Diagnostics Holdings announced that the American Medical Association AMA has granted and assigned a dedicated Current Procedural Terminology Proprietary Laboratory Analysis code, 0439U, for the company's AI-driven coronary heart disease CHD event risk assessment test, Epi+Gen CHD... Receipt of this new CPT PLA code, which will be effective on April 1, 2024, is a significant step toward payer billing and payment, facilitating broader adoption of the first and only AI-powered integrated genetic-epigenetic clinical blood test for evaluating the likelihood of a patient experiencing a CHD event, mainly a heart attack, within the next three years....Primary Prevention of Heart Attacks: The Clinical and Economic Benefits of Epi+Gen CHD In peer-reviewed studies, Epi+Gen CHD was more cost-effective and more sensitive for assessing heart attack risk compared to standard lipid-based risk calculators. Specifically, in a validation study conducted with Intermountain Healthcare, Epi+Gen CHD was shown to be, on average, about twice as sensitive in detecting risk for a CHD event in women than lipid-based calculators. "Cardio Diagnostics is committed to driving widespread adoption of our solutions, and obtaining a reimbursement code for Epi+Gen CHD is a critical milestone in our commercialization strategy and for gaining reimbursement from federal and private payers," said Meesha Dogan, Ph.D., CEO and Co-Founder of Cardio Diagnostics. For employers, this means potentially greater access to a technology that enables a healthier workforce and significant savings in healthcare costs related to heart disease. Cardio Diagnostics continues to lead the way in precision cardiovascular medicine, leveraging the power of AI and epigenetics to help prevent heart attacks.
CLF

Hot Stocks

08:50 EST Cleveland-Cliffs increases current spot market base prices - Cleveland-Cliffs announced that it is increasing current spot market base prices for all carbon hot rolled, cold rolled and coated steel products, effective immediately with all new orders. Cliffs' minimum base price for hot rolled steel is now $1,150 per net ton.
AREC

Hot Stocks

08:47 EST American Resources affiliated company Novusterra partners with Kenai Defense - American Resources Corporation announced that their affiliated company, Novusterra announced that its patented technology to produce carbon nanomaterial additives for concrete and asphalt pavements is being used as the exclusive patented technology in a comprehensive research project to improve the future durability of airfields for the United States Air Force.
IVP

Hot Stocks

08:46 EST Inspire Veterinary announces opening of Sugarland, Texas pet hospital - Inspire Veterinary Partners announced the opening of a its Sugarland, Texas animal hospital, in a new location and larger facility that incorporates design to better serve its customer and support its staff.
SCYX GSK

Hot Stocks

08:46 EST Scynexis reports binding MOU with GSK for amendment to license agreement - In a regulatory filing, Scynexis (SCYX) disclosed that on December 26, 2023, the company and GlaxoSmithKline Intellectual Property Limited (GSK) entered into a binding memorandum of understanding for amendment to the exclusive license agreement between Scynexis and GSK, dated March 30, 2023. Pursuant to the terms of the License Agreement, Scynexis granted GSK an exclusive, even as to Scynexis and its affiliates, royalty-bearing, sublicensable license for the development, manufacture, and commercialization of ibrexafungerp, including the approved product BREXAFEMME, for all indications, in all countries other than Greater China and certain other countries already licensed to third parties. The License Agreement is being amended in connection with the delay in the commercialization of BREXAFEMME and further clinical development of ibrexafungerp associated with this event. Pursuant to the License Agreement, Scynexis has already received an upfront payment of $90M and a development milestone payment of $25M, the filing noted. Reference Link
INTC DBRG

Hot Stocks

08:46 EST Intel and DigitalBridge launch Articul8, an enterprise generative AI company - Intel (INTC) and DigitalBridge Group, (DBRG) announced the formation of Articul8 AI..Articul8, an independent company offering enterprise customers a full-stack, vertically-optimized and secure generative artificial intelligence GenAI software platform. The platform delivers AI capabilities that keep customer data, training and inference within the enterprise security perimeter. The platform also provides customers the choice of cloud, on-prem or hybrid deployment....Intel Corp. and DigitalBridge Group Inc. announce the formation of Articul8 AI Inc., an independent company offering enterprise customers a full-stack, vertically-optimized and secure generative artificial intelligence software platform....Articul8 was created with intellectual property and technology developed at Intel, and the two companies will remain strategically aligned on go-to-market opportunities and collaborate on driving GenAI adoption in the enterprise. Arun Subramaniyan, formerly vice president and general manager in Intel's Data Center and AI Group, has assumed leadership of Articul8 as its CEO...DigitalBridge Ventures, the venture initiative of DigitalBridge, served as lead investor of Articul8. In addition, Intel, along with a syndicate of established venture investors, including Fin Capital, Mindset Ventures, Communitas Capital, GiantLeap Capital, GS Futures and Zain Group, has taken an equity stake in the company..."GenAI is at the forefront of our clients' business strategy and needs. Our collaboration began nearly two years ago while the venture was still in the incubation stage at Intel. Since then, we have deployed Articul8 products for multiple clients seeking production-ready platforms with rapid time to market," said Rich Lesser, global chair of BCG. ..As an independent company supported by industry investment, Articul8 will be able to accelerate its go-to-market strategy and scale its product offerings for the broader GenAI ecosystem.
SASI

Hot Stocks

08:44 EST Sigma Additive Solutions completes acquisition of NextTrip - Sigma Additive Solutions announced the completion of its acquisition of NextTrip Holdings, Inc., a travel technology company based in Sunrise, Florida, through a previously announced share exchange. The acquisition, which was first announced October 2023, closed on December 29, 2023, at which time NextTrip became a wholly owned subsidiary of the Company. Additionally, effective upon closing of the acquisition, Jacob Brunsberg, President and CEO of Sigma, resigned from such roles, and Bill Kerby, CEO of NextTrip, was appointed a CEO of Sigma. Mr. Brunsberg will continue to serve as a director on Sigma's board. On December 28, 2023, at Sigma's 2023 annual meeting of shareholders, Sigma shareholders voted to approve the issuance of shares of Sigma common stock associated with the acquisition of NextTrip, pursuant to the Share Exchange Agreement entered into with NextTrip and certain other parties in October 2023, and to further approve the terms of such Share Exchange Agreement.
CAUD

Hot Stocks

08:43 EST Collective Audience appoints Patrick Dolan to Advisor Collective - Collective Audience has appointed Patrick Dolan to its Advisor Collective, a recently announced strategic advisory community designed to advance the company's mission of transforming the AdTech, MarTech and digital media industry. Dolan served more than 14 years as president and COO of Interactive Advertising Bureau.
OSS

Hot Stocks

08:42 EST One Stop Systems joins two key U.S. DoD consortiums, SCEC and SOSSEC - One Stop Systems has been accepted as a member of two US Department of Defense, DoD, business consortiums, the System of Systems Consortium, SOSSEC, and the Sensors, Communications, and Electronics Consortium, SCEC. These consortiums were formed to address the technology procurement requirements of the DoD, including facilitating research and development, technology demonstrations and prototype projects.
TMC

Hot Stocks

08:42 EST Metals Company 'welcomes' passage of 2024 National Defense Authorization Act - TMC, the metals company welcomed the passage of the 2024 National Defense Authorization Act into law and the inclusion of provisions directing the Department of Defense to submit a report to the House Armed Services Committee assessing the domestic processing of seafloor polymetallic nodules by March 1, 2024. In the language attached to the newly approved Act, the Committee acknowledged the imperative of establishing a secure supply chain of critical and strategic minerals and materials and noted, "that to meet national security requirements the United States must have the ability to source critical minerals in innovative arenas to decrease reliance on sources from foreign adversaries." As a potential new frontier for resource extraction, the Committee directs the Pentagon to produce a report which, among other things, outlines "a roadmap recommending how the United States can have the ability to source and/or process critical minerals in innovative arenas, such as deep-sea mining." Through the NDAA, the House Armed Services Committee has directed the Assistant Secretary of Defense for Industrial Base Policy to submit a report to the Committee by March 1, 2024 "assessing the processing of seabed resources of polymetallic nodules domestically. The report shall include, at a minimum, the following: a review of current resources and controlling parties in securing seabed resources of polymetallic nodules; an assessment of current domestic deep-sea mining and material processing capabilities; and a roadmap recommending how the United States can have the ability to source and/or process critical minerals in innovative arenas, such as deep-sea mining, to decrease reliance on sources from foreign adversaries and bolster domestic competencies."
NHWK

Hot Stocks

08:41 EST NightHawk subsidiary commences work on contract for leading university - NightHawk Biosciences announced its Scorpius BioManufacturing subsidiary has commenced work on a contract that it was awarded by a leading university to develop and manufacture a novel biologic targeting substance use disorder, which includes drug, alcohol and opioid addiction. Jeff Wolf, CEO of NightHawk, commented, "We are honored to have been awarded this multi-million dollar contract by one of the foremost research universities in the United States. Scorpius was selected due to its process development and large molecule manufacturing expertise, as well as its flexibility and dedication to customer service. We are off to a strong start and look forward to expanding this relationship into additional programs in 2024 and beyond. Overall, we could not be more excited by the traction and growing pipeline within Scorpius."
PRFX

Hot Stocks

08:40 EST PainReform reports in vitro test results of PRF-110 - PainReform reported in vitro test results comparing the Company's lead product, PRF-110, versus the industry leader, as a topical analgesia for postoperative pain relief. The in vitro tests were designed to mimic the spreadability attribute critically required for post-surgical topical applications. PRF-110 demonstrated superior formulation properties with respect to surface-tissue spreading, including a greater ability to spread evenly due to its viscosity, and superior surface interaction with surgical tissue based on a slide test, which demonstrated sliding of the formulations down inclined, dry and wet surfaces. In phosphate-buffered saline, the sliding of PRF-110 was twice that of the competitor. Ilan Hadar, Chief Executive Officer of PainReform, stated, "We are encouraged by these results, which further demonstrate that PRF-110, our long-acting ropivacaine formulation, provides unique and significant benefits for local administration in postoperative pain management. PRF-110 clearly excelled in terms of surface/tissue spreading and staying in place-a key advantage in achieving effective post-surgical pain relief-as it is critical to have even distribution inside the surgical wound."
NTWK

Hot Stocks

08:40 EST NetSol Technologies says Haydock Finance subscribes to Dock, Lane - NETSOL Technologies announced that existing customer Haydock Finance has signed up for two additional products from NETSOL's Appex Now marketplace - Dock and Lane. Dock is a centralized document generation tool with template-based configuration and simple syntax, allowing users to create accurate documents in just seconds. Lane offers a feature-rich, end-to-end order management system for asset leasing/loans and credit companies.
AMPX

Hot Stocks

08:39 EST Amprius Technologies completes first volume shipment of battery cells for Army - Amprius Technologies announced the successful volume shipment of advanced battery cells in a program supported by the U.S. Army by the end of 2023 as previously committed. This marks a milestone for Amprius in its U.S. Army-funded Manufacturing Technology program, an industrial preparedness effort focused on scaling critical Army-wide manufacturing requirements.
CLVR

Hot Stocks

08:39 EST Clever Leaves granted Australian GMP certification for cannabis products - Clever Leaves Holdings has been granted Australian GMP certification for its facilities in Colombia by the Therapeutic Goods Administration, the regulatory body for health products in Australia. This certification authorizes Clever Leaves to manufacture cannabis products for patients in Australia, marking a significant achievement for the multinational operator. Similar to the stringent standards of the EU-GMP certification, the Australian GMP certification from the TGA ensures the delivery of the highest quality medicinal cannabis to patients. It safeguards against product contamination, variations in compound concentrations, mix-ups, incorrect labeling, and other potential issues. This certification is a prerequisite for the manufacturing and commercialization of cannabis products in the Australian market.
SLRX

Hot Stocks

08:39 EST Salarius announces Phase 1/2 trial of seclidemstat resumes patient enrollment - Salarius Pharmaceuticals announces that the hematologic cancer Phase 1/2 clinical trial being conducted at the University of Texas MD Anderson Cancer Center is now listed as active and recruiting on clinical trials.gov - trial NCT04734990. Salarius also announces that an additional Ewing sarcoma patient treated with seclidemstat, topotecan and cyclophosphamide has achieved a partial response as demonstrated by at least a 30% decrease in the sum of diameters of the patient's target lesions, bringing the objective response rate in Ewing sarcoma first-relapse patients to 60%, with a 60% disease control rate. "We are pleased that the FDA has removed the partial clinical hold on the MD Anderson trial with seclidemstat in blood cancers, and we are excited about the prospect of MD Anderson enrolling additional patients and building a broader database of patient data," said David Arthur, president and chief executive officer of Salarius Pharmaceuticals. "MDACC researchers previously reported what we believe are encouraging interim results, and we look forward to learning what potential benefits patients will experience at higher doses of seclidemstat."
SIDU

Hot Stocks

08:38 EST Sidus Space gets NOAA okay to provide imaging services to governments - Sidus Space announced that the National Oceanic and Atmospheric Administration NOAA has granted Sidus a Tier 1 remote sensing license to include Panchromatic PAN and Shortwave Infrared SWIR imaging capabilities. This approval includes Sidus' upcoming LizzieSat scheduled for launch in March 2024, as well as subsequent LizzieSat satellites....Through this new license authority, Sidus LizzieSat satellites will collect and distribute images and data to government and commercial customers supporting a wide range of applications. "NOAA's Tier 1 remote sensing license approval is a significant milestone for Sidus Space. With PAN and SWIR imaging capabilities, we're focused on our commitment to practical innovation in space technology while addressing real world challenges," said Carol Craig, CEO and Founder of Sidus Space. LizzieSat is expected to launch in March 2024 on SpaceX's Transporter-10 mission from Vandenberg Space Force Base, California and remain in space for data collection for four years of operation.
RSTN

Hot Stocks

08:38 EST RDE completes acquisition of CardCash.com - RDE has closed on its acquisition of CardCash.com, a privately owned pioneer in the secondary gift card marketplace, including all of its products and intellectual property. The combined businesses accounted for over $100 million in revenue in 2023, due mainly to the acceleration of business traction in the U.S. consumer gift card market, valued at $300 billion annually. This business combination significantly expands RDE's cross-selling marketing opportunities and provides Restaurant.com customers with a broader range of discounted gift card options across multiple industries. Restaurant gift cards are already the most popular option on the market, making up one-third of sales gift card sales annually.
OTLY

Hot Stocks

08:38 EST Oatly Group announces nationwide availability at The Coffee Bean & Tea Leaf - Oatly Group announced a new foodservice distribution arrangement with The Coffee Bean & Tea Leaf Brand, one of the world's leading roasters and retailers of specialty coffee and tea. "We're thrilled to bring Oatly to customers of The Coffee Bean & Tea Leaf, an iconic brand that cherishes a great coffee experience just like we do," said Mike Messersmith, President, Oatly North America. "With our roots in the US inextricably tied to the coffee channel, we are so happy to continue widening our presence in this space."
NNDM

Hot Stocks

08:37 EST Nano Dimension CPO Hanan Gino to depart - Hanan Gino, Chief Product Officer and Head of M&A, is also leaving the Company, but will continue to serve as an advisor. Hanan's responsibilities will be assumed by the CEO and the Corporate Development Team.
VRNT

Hot Stocks

08:37 EST Verint awarded $49M from U.S. healthcare company - Verint announced the booking of a contract valued at more than $49M from a U.S. healthcare company to increase customer experience automation in their customer operations.
NNDM

Hot Stocks

08:37 EST Nano Dimension appoints Dotan Bar-Natan as general counsel - Dotan Bar-Natan joined Nano in the newly created position of General Counsel. Dotan most recently served as General Counsel at SodaStream International, where he spent ten years.
BG

Hot Stocks

08:36 EST Financity facilitated increase of Accounts Receivable Securitization Program - Finacity Corporation announced that it has facilitated an increase from $1.1 billion to $1.5 billion of the commitment capacity, with an accordion feature of an additional $1 billion, for the Accounts Receivable Securitization Program of Bunge Global SA, a leading global agribusiness and food company. As part of the process, Finacity also supported the addition of 2 new seller countries, Mexico and Poland, and 7 new subsidiary company originators for Bunge in its Program. Pricing for the Program includes premiums or discounts to the applicable margin tied to certain sustainability criteria, including, but not limited to, science-based targets that define Bunge's climate goals within its operations and a commitment to a deforestation-free supply chain in 2025.
NNDM

Hot Stocks

08:36 EST Nano Dimension appoints Tomer Pinchas as permanent CFO - Tomer Pinchas, COO as well as since August 2023 Acting CFO, has been appointed permanent CFO in addition to his position as a COO. Mr. Pinchas succeeds Yael Sandler, who has been the Company's CFO since 2015 and will not be returning from her maternity leave.
DIS

Hot Stocks

08:36 EST Disney confirms Blackwells Capital intent to nominate three directors to board - Disney confirmed that Blackwells Capital, together with its affiliates, has provided notice of its intent to nominate three individuals for election to the company's board of directors at the 2024 annual meeting of shareholders. The governance and nominating committee, which evaluates director nominations, will review the proposed Blackwells nominees and provide a recommendation to the board as part of its governance process. The company expects to file preliminary materials with respect to the 2024 annual meeting of shareholders with the Securities and Exchange Commission, which will include the board's recommended slate of director nominees. Disney shareholders are not required to take any action at this time.
WKHS

Hot Stocks

08:35 EST Workhorse Group receives HVIP approval from CARB for W56 - Workhorse Group announced the California Air Resources Board, CARB, determined the Company's W56 electric vehicle is eligible for the Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project, HVIP. The HVIP incentive program reduces cost barriers for EV ownership in California to help transition the state to zero emissions. Through the HVIP incentive program, vehicle purchasers and participating dealers are eligible to apply for a base voucher of $85,000 per W56 purchased. "The receipt of HVIP approval from CARB for the W56 is the next step for Workhorse to unlock growth opportunities and build market share in the EV step van segment," said Workhorse CEO Rick Dauch. "We are continuing production of the W56 and have strategically expanded our regional dealer network in California and other states where we expect CARB mandates will be adopted. We have held numerous positive product demonstrations in California, and customer interest for the W56 is strong. With the HVIP approval and capacity to build up to 5,000 W56 units per year, Workhorse is well positioned to advance our product roadmap and drive growth."
NNDM

Hot Stocks

08:35 EST Nano Dimension says Reshaping Nano Initiative 'well underway' - The company said, "The Initiative has the following objectives: Achieving positive operating income in early 2025, and Reducing cash burn comparing to 2023 by approx. 75%-85%, Expecting to reach cash flow positive post A above. Nano Dimension is able to achieve this as it has reached greater scale and synergies on the back of its robust M&A program to date. Only three years ago, Nano Dimension was a niche company focused on additively manufactured electronics. Today the Company is an advanced manufacturing leader as a pioneer in AME along with cutting-edge solutions for precision-additive manufacturing solutions, complemented by sophisticated and proven solutions in Additive Electronics and print systems, which are all brought together by a vision to apply our internally developed deep learning-based DeepCube/Deep Learning AI wherever possible. This is reflected in our financials with revenue going from $3.4 million in 2020 to $56.2M million this year, with approx. 29% organic growth over the last 12 months. During Q4/2023 The Company's workforce worldwide was reduced by approximately 25%, The Executive Management group of the Company was reduced by 25%. With greater scale and organizational efficiencies, we have already completed plans that looked critically at our costs of goods sold and operating expenses. You should expect to see a portion of the full year expected savings of $30 million in our results for Q1/2024. We want to highlight that the Initiative was crafted around setting financial objectives that reflect the maturity of our different groups and product lines, which allows us to stay focused on our innovation driven growth engines that make Nano Dimension such an exciting company."
BLDP

Hot Stocks

08:34 EST Ballard Power announces new long-term supply agreement with NFI Group - Ballard Power Systems announced the signing of a new Long-Term Supply Agreement with NFI Group, an independent bus and coach manufacturer and a leader in electric mass mobility solutions in North America and Europe. The agreement marks a new phase in the established partnership between Ballard and NFI, focused on deployment-level volumes of fuel cell powered buses across all of NFI's major brands including New Flyer, Alexander Dennis, and MCI. As part of the LTSA, NFI has placed its first purchase order under the agreement for a minimum of 100 FCmove-HD+ modules for planned delivery in 2024. The modules will primarily be produced in Ballard's Bend, Oregon facility with Buy America compliance, and will power New Flyer's next generation Xcelsior CHARGE FC hydrogen fuel cell buses for deployment across the US and Canada, including California, Manitoba, Nevada, New York, Ohio, and Pennsylvania.
SGBX

Hot Stocks

08:33 EST Safe & Green CEO provides letter to shareholders - "Safe & Green Holdings provided the following letter to stockholders from Paul Galvin, the Company's Chairperson and CEO: "We are pleased to share with you the significant milestones and exciting developments that Safe & Green Holdings accomplished in 2023 as well as take a look at what we believe is a very promising future for the Company in 2024. 2023 was a busy and exciting year for Safe & Green Holdings, including the spin-off of Safe and Green Development Corporation into a separate, publicly traded entity, which involved more than a year of dedicated effort and hard work from the Safe & Green team. With a robust construction pipeline exceeding $800 million and record growth, we have expanded our manufacturing capabilities to meet the increasing demand... Looking towards 2024, the prospects for Safe & Green Holdings are promising thanks to our current involvement in numerous projects. Our revenue from manufacturing and construction services has grown substantially and we are confident in the scalability of our business model and eager to continue expanding our presence across the United States. The outlook for the Company is bright, and we remain dedicated to managing our expenses wisely and enhancing stockholder value for our long-term stockholders. I want to express my heartfelt gratitude to our Board of Directors and the entire Safe & Green Holdings team for their relentless efforts and significant contributions to the Company's achievements over the past year."
NEWT

Hot Stocks

08:32 EST NewtekOne announces record loan closings for Q4 2023 - NewtekOne announced that its nationally chartered bank subsidiary, Newtek Bank, N.A., closed a record $262.9 million of SBA 7 loans for the three months ended December 31, 2023, which represents a new quarterly record for the company, and a 20.6% increase over the previous quarterly record of $218.0 million SBA 7 loans closed for the three months ended September 30, 2023. In addition, NewtekOne, through Newtek Small Business Finance and Newtek Bank, closed a record $828.1 million of SBA 7 loans for the twelve months ended December 31, 2023, a new annual record for the Company, and a 7.3% increase over $771.9 million of SBA loans closed for the twelve months ended December 31, 2022. Barry Sloane, Chairman, President and Chief Executive Officer commented, "According to the Small Business Administration's data on its website for the quarter ended December 31, 2023, which is NewtekOne's fourth quarter 2023 and the SBA's first fiscal quarter 2024, Newtek Bank was the largest SBA7(a) lender, including bank and non-bank lenders, by total approved dollar amount of SBA 7(a) loans. Further, in our first year as a bank holding company owning a nationally chartered bank, we are pleased to report that Newtek Bank closed a record $262.9 million of SBA 7(a) loans in the fourth quarter of 2023. In addition, on a consolidated basis, which includes loans closed by Newtek Bank as well as our non-bank subsidiaries, we closed a record $1.1 billion of loans across our multiple lending programs in 2023. We look forward to providing a more granular breakdown of loan closings across loan products during our full year 2023 earnings conference call, for which a date will be announced during the first quarter 2024. Our ability to generate assets for the balance sheet, deposits to fund that asset growth, and manage a well-capitalized bank and bank holding company are some of the many accomplishments that we look forward to reporting. We remain comfortable with fourth quarter and full year 2023, and full year 2024 previously stated guidance."
TCBP

Hot Stocks

08:32 EST TC Biopharm announces additional cost reduction steps, 50% headcount reduction - TC BioPharm announced that the company is undertaking a series of initiatives to reduce costs and drive efficiency in order to reduce cash burn and expand its financial runway. TC BioPharm's Overhead Reduction Plan includes: Scaled down Research and Development to strictly process development for commercial applications and manufacturing; Implementing a focused manufacturing platform targeting only product needed to complete ACHIEVE trial in 2024; Further streamlining the organization to drive process-related efficiencies; Reduction of headcount by approximately 50%. As a result of these challenging but necessary changes to the organizational structure, dedicated team members will be impacted as the company operates with a reduced headcount moving forward. "Management is implementing these initiatives in order to significantly reduce our cash-burn as we prioritize our immediate objective of advancing our lead therapeutic to the nearest data inflection point, specifically the ACHIEVE trial interim review," said, Bryan Kobel, CEO of TC BioPharm. "Our immediate goal is pursuing the most cost effective and time efficient milestones, which under review will be the ACHIEVE trial currently underway in the UK. These cost reduction initiatives are expected provide us with the necessary time to realize the value the team have created and hopefully for the biotech headwinds to subside. I regret having to launch such a stringent undertaking, but it would be fiscally irresponsible to continue without these measures. This is not a reflection of any of the employees, their hard work or their competency, we have a stellar group of individuals who have continually hit their milestones, unfortunately the public markets continue to be difficult to navigate and as a consequence, these steps are being taken immediately to preserve cash."
HHS

Hot Stocks

08:29 EST Harte Hanks appoints Elizabeth Ross to board of directors - Harte Hanks announced the addition of Elizabeth Ross to the Board of Directors, effective January 2, 2024. As the current CEO of Shift Paradigm, a growth and technology business partner, Elizabeth Ross brings decades of agency experience in B2B and B2C marketing.
ICCT

Hot Stocks

08:28 EST iCoreConnect acquires FeatherPay, terms not disclosed - iCoreConnect has acquired FeatherPay, a provider of digital patient payments and billing technology. This strategic acquisition marks a significant expansion of iCoreConnect's portfolio into the fintech sector, further solidifying its position as an innovator in technology solutions. In conjunction with this acquisition, iCoreConnect is proud to unveil its new Fintech division, iCorePay. The Company announced that Craig Haynor, CEO and Founder of FeatherPay, will be joining iCoreConnect to lead the new Fintech division. The new division will focus on developing and enhancing financial technology solutions within the healthcare industry. FeatherPay will serve as the cornerstone of this new division, bringing its expertise and cutting-edge technology to the forefront of iCoreConnect's fintech initiatives. FeatherPay's industry-best Product and Engineering team will also be joining iCoreConnect in the acquisition.
VTAK

Hot Stocks

08:27 EST Catheter Precision appoints David Jenkins as CEO - David Jenkins, previously Interim CEO, is named CEO effective January 2, 2024. He will continue as Executive Chairman of the Board. Susanne Meline has resigned from the Board of Directors as of December 28, 2023, and is replaced by John Francis as of January 2, 2024. Mr. Francis, Ms. Meline's spouse, is a Managing Member of Francis Capital Management, LLC, an investment management firm specializing in small capitalization equities, since 2000.
VTAK

Hot Stocks

08:27 EST Catheter Precision terminates CFO Passey, appoints Thomassen as interim CFO - Catheter Precision announced changes to the executive management and board of directors, including a change to the CFO. Mr. Passey's employment was terminated effective December 31, 2023. In his place, the Board of Directors has appointed Margrit Thomassen, CPA, to be interim CFO as of January 2, 2024. Margrit has been a full-time employee at the Company's Catheter Precision subsidiary since 2019 and has served as controller of the Company since the acquisition of Catheter Precision by Ra Medical in January 2023.
DWAY

Hot Stocks

08:24 EST DriveItAway CEO provides year-end message to shareholders - The company issued a letter to shareholders from CEO John Possumato. "As we all mark the end of 2023, I want to share my enthusiasm about what has been accomplished by your Company in meeting the challenges and headwinds of 2023, and my optimism that, in setting the foundation for future growth, we have defined the strategy and path to leverage the tailwinds for us in the automotive industry that we see forward into 2024. Our Company software platform and app is dedicated to enabling millions of people in the United States who do not have access to personal transportation or have inadequate personal transportation, the ability to immediately drive and then buy the vehicle of his/her choice. Through our technology that "de-risks" the transaction of subprime and deep subprime credit, we do this in a way that creates new customers for car dealers and allows everyone access to quality vehicles, and now access to EV/PHEV vehicles, for the growth in a sustainable future... FIRST, we have developed our SaaS platform further, to provide the highest most efficient, and equitable level of service to our dealer customers, partners, and end-user drivers... SECOND, the pendulum is rapidly swinging back in the auto industry to conditions much more favorable for your Company. It has become apparent to all now that new and used vehicle inventory is building rapidly, and the industry is back to "normal" with increasingly more vehicle supply than demand... THIRD, DriveItAway has developed relationships in the last year with many partner organizations, that will allow it to scale in 2024 and many years to come, by helping to solve very real problems in the United States and Canada today. While 2023 presented many challenges, we are leaving the year much stronger, having gone further in creating the foundation upon which to scale rapidly, as the macro-economic tailwinds in the United States move in our direction. With a clear strategy, and with the continued support of our shareholders, we are poised for a journey of remarkable growth and achievement in the coming years. We look forward to sharing this journey with you and to achieving new heights together"
LVS...

Hot Stocks

08:24 EST Macau reports December casino revenue up 433.3% to 18.57B patacas - Earlier in the week, Macau's gaming bureau reported December gross revenue from games of fortune in the region was up 433.3% year-over-year to 18.567B patacas. Publicly traded companies in the Macau gaming space include Las Vegas Sands (LVS), MGM Resorts (MGM), Wynn Resorts (WYNN) and Melco Resorts (MLCO). Reference Link
MXCT

Hot Stocks

08:22 EST MaxCyte, Lion TCR announces the signing of a strategic platform license - MaxCyte and Lion TCR announced the signing of a strategic platform license. This partnership will enhance MaxCyte's presence in Asia, with anticipated expansion into the US and European markets. Under the terms of the agreement, Lion TCR obtains worldwide non-exclusive clinical and commercial rights to use MaxCyte's Flow Electroporation technology and ExPERT platform. In return, MaxCyte is entitled to receive annual license fees and program-related revenue. "We are thrilled to partner with Lion TCR to support the development of their TCR-T cell therapies for hepatocellular carcinoma and life-threatening viral infections," said Maher Masoud, President and CEO of MaxCyte. "Through this important partnership, we will be able to help provide the opportunity for patients in Asia to benefit from these innovative mRNA-based TCR-T cell treatments and continue supporting the development of new therapies for patients with solid tumors."
ACIU

Hot Stocks

08:20 EST AC Immune provides update on program progress, says key milestones in 2024 - AC Immune provided an update on positive progress in its active immunotherapy programs, with three Phase 2 trials progressing to key clinical milestones in 2024. ACI-24.060: AC Immune's wholly-owned anti-amyloid beta active immunotherapy-candidate. The six-month Abeta positron emission tomography imaging results are expected in H1 2024, and the 12-month Abeta PET data are expected in H2 2024. ACI-7104.056: AC Immune's wholly-owned anti-alpha-synuclein active immunotherapy, to treat Parkinson's disease. Safety and immunogenicity updates from the trial will be reported in H2 2024. ACI-35.030: AC Immune's partnered investigational targeted active immunotherapy, selective for pathological phosphorylated Tau. Under the terms of the licensing agreement, AC Immune has received a milestone payment of CHF15 million and expects to receive another milestone payment of CHF 25 million related to achieving an undisclosed enrollment target in 2025.
SNAP

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08:19 EST Snap selects Samba TV as preferred measurement partner - Samba TV announced a strategic partnership with Snap Inc., creator of Snapchat. To help brands further understand the value of advertising on Snapchat, the social media company tapped industry-leading data and measurement provider Samba TV to provide outcome measurement to Snap advertisers in the entertainment vertical. Samba TV is the only measurement company with a global footprint, including coverage for all of the major walled gardens, more than 200 national networks in the U.S., local networks in more than 100 U.S. DMAs, as well as more than 400 digital publishers.
COLL

Hot Stocks

08:19 EST Collegium Pharmaceutical board authorizes $150M share repurchase program - Collegium's board of directors authorized a new share repurchase program to repurchase up to $150.0 million in common stock over 18 months.
ZVSA

Hot Stocks

08:18 EST ZyVersa Therapeutics CEO issues letter to shareholders - ZyVersa Therapeutics announces that Stephen Glover, Co-Founder, Chairman, Chief Executive Officer, and President, has issued a Letter to Shareholders providing a corporate outlook with anticipated milestones for 2024. "Like so many in the biotech and pharmaceutical industry, we are looking forward to 2024 with great optimism for improved conditions in the financial markets and a milestone-rich year in the development of our lead renal and anti-inflammatory therapeutic candidates, which is expected to drive value for our shareholders... On the financial front, various market watchers are seeing signals that the biotech and pharma investment environment is set to trend positively in 2024... We are looking forward to an active first quarter of this new year, including initiation of our first clinical trial for our Cholesterol Efflux MediatorTM VAR 200. VAR 200 is designed to ameliorate renal lipid accumulation that damages the kidney's filtration system... We are on schedule to initiate our Phase 2a clinical trial with VAR 200 in patients with diabetic kidney disease in the first quarter of 2024. This will be an open label trial for real-time data reads... We are equally excited about our progress in the development of our proprietary Inflammasome ASC Inhibitor IC 100, which is designed to block initiation and perpetuation of damaging inflammation that contributes to a multitude of inflammatory diseases... The IC 100 preclinical program is nearing completion and IND submission is planned for the fourth quarter of 2024, with Phase 1 trial initiation expected shortly thereafter... We view 2024 as a potentially transformative year for ZyVersa based on the value-building milestones that we expect to achieve over the next 12 to 15 months. I look forward to working with my leadership team and fellow Board members to execute a business and clinical strategy that has potential to position ZyVersa as a leading and innovative company developing transformative drugs for underserved patients with renal and inflammasome-mediated inflammatory diseases."
RSI

Hot Stocks

08:16 EST Delaware Lottery launches online sports betting powered by Rush Street - Following a successful soft launch on December 27, the Delaware Lottery announced the launch of its first online sportsbooks along with the relaunch of its three online casinos, ushering in a new era of online gaming in the First State. The new online casinos and online sportsbooks are powered by Rush Street Interactive. In addition to the introduction of online sports betting in Delaware, the State's three casinos now offer a revamped array of exciting new online casino games. Customers across Delaware, aged 21 and older, can place bets on all mobile devices, tablets, desktop and laptop computers. "We are thrilled to begin this historic and much-anticipated launch of the new online sportsbook and casino with the Delaware Lottery and bring our award-winning product to Delaware," said Richard Schwartz, Chief Executive Officer of RSI. "With our extensive offering of gaming content, wide range of deposit and withdrawal methods, real-time cash-out approvals, and best-in-class customer service, Delaware customers are going to love the convenience of wagering on their favorite sports, slots, and table games from anywhere in the state."
SSKN

Hot Stocks

08:15 EST Strata Skin Sciences granted extension by Nasdaq to regain compliance - STRATA Skin Sciences received a notification letter from Nasdaq Stock Market that the Company has been granted a 180-day extension, or until June 24, 2024, to regain compliance with Nasdaq's minimum bid price rule. As previously disclosed, on June 26, 2023, the Company received Notice from Nasdaq notifying the Company of its noncompliance with Nasdaq Listing Rule 5550(a)(2) (the "Rule") by failing to maintain a minimum closing bid price for its common stock on the Nasdaq Global Select Market of at least $1.00 per share for 30 consecutive business days. The Company was given a period of 180 calendar days, or until December 26, 2023, to regain compliance with the minimum closing bid price requirement. Nasdaq's determination is based on the Company meeting the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on the Nasdaq Capital Market, with the exception of the bid price requirement, and the Company's written notice of its intention to cure the deficiency during the second compliance period and if necessary, by effecting a reverse stock split. If at any time before June 24, 2024, the closing bid price of the Company's ordinary shares is at least $1.00 per share for a minimum of 10 consecutive business days, the Company will regain compliance with this Nasdaq rule and this matter will be closed. The Company will continue to monitor the closing bid price for its common stock and to assess its options for maintaining the listing of its common stock on the NASDAQ Capital Market in light of this Notice.
ACRV

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08:15 EST Acrivon Therapeutics appoints Cuillerot as Chief Medical Officer - Acrivon Therapeutics announced the appointment of Jean-Marie Cuillerot, M.D., as chief medical officer. Dr. Cuillerot was previously the chief medical officer at Dragonfly Therapeutics where he established and led a clinical team advancing multiple potential first-in-class assets.
NVEE

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08:14 EST NV5 Global awarded $5M contract to improve wastewater collection in California - NV5 Global announced that it has been awarded a two-year, $5M contract by the Hi-Desert Water District to transition approximately 4,000 San Bernardino County residences from on-site septic systems to a centralized sewer wastewater treatment system. NV5 will serve as the owner's representative for Phases 2 and 3 of the Hi-Desert Water District's septic-to-sewer project. NV5 will also deliver expertise in design review, environmental compliance support, grant funding assistance, and construction management and inspection services. The project is part of a 64-mile sewer collection system that the district is constructing to decrease the reliance on septic tanks in its service area. "Water treatment systems improve quality of life and positively impact the environment by reducing surface water pollution and recharging groundwater supplies. NV5 is pleased to contribute to this project which will improve water infrastructure for Hi-Desert Water District customers while enhancing the community's environmental sustainability," said Dickerson Wright, PE, Chairman and CEO of NV5.
WIMI

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08:13 EST WiMi Hologram Cloud develops RPSSC technology - WiMi Hologram Cloud developed RandomPatchSpatialSpectrumClassifier technology to fully utilize the complementarity between spatial and spectral information. The R&D of WiMi's RPSSC combines a 2D Gabor filter and a random patch convolution feature extraction method. First, the RPSSC uses principal component analysis and LDA algorithms to downscale the original hyperspectral image. The purpose of this step is to eliminate redundant spectral information while retaining the main information, increase the inter- and intra-class distance ratios, and prepare data for subsequent feature extraction and classification. On the dimensionalized image, RPSSC introduces a two-dimensional Gabor filter. Gabor filters are widely used in the field of computer vision to extract spatial structural features such as edges and textures of images. Through the Gabor filter, the RPSSC technology can capture the local texture and spatial information in the image, which lays the foundation for the subsequent feature extraction. Next, employed the GRPC method to the RPSSC, which takes Gabor features as input. Random patch convolution realizes the extraction of multilevel spectral features from an image by randomly selecting patches in the image and performing convolution operations on these patches. This step aims to synthesize spatial and spectral information, allowing the model to understand the features of the image more comprehensively. Finally, the RPSSC technology fuses the spatial features extracted from the GRPC with the multilevel spectral features. Through this fusion process, the model is able to synthesize the spectral information and local spatial structure information to provide a richer feature representation for image classification. Ultimately, RPSSC employs a support vector machine (SVM) classifier to classify the fused features to achieve accurate classification of hyperspectral images.
VYNE

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08:13 EST VYNE Therapeutics appoints Borowski to board of directors - VYNE Therapeutics announced the appointment of Christine Borowski, Ph.D., to its board of directors, effective as of January 1, 2024. Dr. Borowski has served as Vice President at Access Biotechnology, a leading healthcare investor, since January 2022, and previously served as Senior Associate beginning in July 2019.
RARE

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08:12 EST Ultragenyx announces completion of enrollment in Phase 1/2 trial of GTX-102 - Ultragenyx Pharmaceutical announced the completion of patient enrollment in its Phase 1/2 clinical trial of GTX-102 for the treatment of pediatric patients with Angelman syndrome, AS. The dose-expansion cohorts have enrolled 53 patients for a total of 74 patients enrolled globally in the Phase 1/2 trial. GTX-102 is an investigational antisense oligonucleotide delivered via intrathecal administration and is designed to target and inhibit expression of UBE3A antisense transcript, UBE3A-AS. "With completion of enrollment in the Phase 1/2 trial, we remain on track to report results in the first half of 2024 from at least 20 expansion cohort patients on therapy for a minimum of 6 months. We are confident that the cumulative safety and efficacy data will allow for dose and endpoint selection to support our Phase 3 program," said Eric Crombez, M.D., chief medical officer at Ultragenyx. "We appreciate the support of the Angelman community, including the patients, families and healthcare providers, as we urgently work together to develop a new treatment option that may be able to improve the quality of life of those impacted by this devastating disease."
FRSH

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08:12 EST Freshworks says Monos completes digital transformation of customer support - Freshworks announced Monos has completed a digital transformation of its customer support operations through the adoption of Freshworks' customer service solutions. The AI-powered ticketing and conversational support solutions have helped Monos increase agent efficiency-making the retailer's customer happiness agents, and customers, even happier. Monos implemented Freshdesk to support multiple communication channels, including email, chat, Instagram and Facebook. The company is also using Freddy AI for its new generative AI capabilities. Agents have improved productivity and efficiency with AI suggested responses, automated workflows of support operations, and chatbots to quickly resolve customer queries, leading to exceptional customer experiences.
FDMT

Hot Stocks

08:11 EST 4D Molecular, Arbor Biotechnologies establish partnership to co-develop - 4D Molecular Therapeutics and Arbor Biotechnologies announced a strategic partnership focused on advancing new AAV-based gene-editing therapies for central nervous system, CNS, diseases with high unmet medical needs in both rare and common disease populations. 4DMT and Arbor will co-develop and co-commercialize up to six AAV-delivered CRISPR/Cas-based therapeutic candidates, with the costs and profits shared evenly based on mutually agreed plans. Arbor will lead research, development and, if approved, commercialization efforts on the first product candidate in the collaboration, which will address a molecular target implicated in amyotrophic lateral sclerosis. 4DMT will lead research, development and, if approved, commercialization efforts on the second product candidate. "The recent landmark FDA approval of the world's first CRISPR-based treatment is a revolutionary event for genetic medicines and the biotech industry. Gene editing technology continues to rapidly advance and we believe the safe and efficient delivery of these potentially transformative therapies can address CNS diseases of high unmet need," said David Kirn, M.D., Co-Founder and Chief Executive Officer of 4DMT. "Arbor is at the forefront of this rapid innovation, and they have discovered and optimized gene editing payloads that are compact enough to be delivered within a single AAV vector. We look forward to combining our complementary technologies and capabilities to power a new generation of potential genetic medicines. This collaboration provides us with the opportunity for next-generation gene editing capabilities and CNS products, while simultaneously allowing us to maintain our focus on clinical development in large market ophthalmology and pulmonology."
IRTC

Hot Stocks

08:11 EST iRhythm receives CE Marking under EU MDR for Zio monitor, ZEUS System - iRhythm Technologies announced that its next generation long-term ambulatory cardiac monitor - the Zio monitor ECG System - has received CE mark certification under the European Union's Medical Device Regulation 2017/745 from its Notified Body, the BSI Group. The Zio monitor ECG System secured its CE mark based on compliance to EU MDR standards of performance, quality, safety, and efficacy, along with the body of clinical evidence supporting Zio in detecting potential cardiac arrhythmias.
KROS

Hot Stocks

08:10 EST Keros Therapeutics to develop KER-065 for treatment of obesity - Keros Therapeutics announced that it plans to develop KER-065, a novel ligand trap designed to bind to and inhibit TGF-ss ligands, including myostatin and activin A, for the treatment of obesity. "Obesity is a complex and chronic disease associated with numerous comorbidities and a growing prevalence in patients. We believe there is a need for additional treatment options, including one that leads to weight loss without an associated loss of muscle and a potential for frailty. Based on our preclinical data, we believe that KER-065 has the potential to treat obesity without those limitations, by increasing skeletal muscle, reducing fat mass through an increase in energy expenditure, improving insulin sensitivity and improving cardiac function," said Jasbir S. Seehra, Ph.D., President and Chief Executive Officer of Keros. "To that end, we recently commenced our Phase 1 clinical trial evaluating KER-065 in healthy volunteers and, following its successful completion, plan to initiate a proof-of-concept trial of KER-065 in obese patients."
ACBA

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08:10 EST Ace Global Business Acquisition announces contribution to trust account - Ace Global Business Acquisition announced that Ace Global Investment Limited, the company's initial public offering sponsor, has deposited into the company's trust account an aggregate of $98,858.95 representing, approximately $0.05 per ordinary share, in order to extend the period of time the company has to complete a business combination for an additional one month period, from January 9, 2024 to February 8, 2024. The company issued a promissory note to the Sponsor with a principal amount equal to the amount deposited. The promissory note bears no interest and is convertible into the company's units at a price of $10.00 per unit at the closing of a business combination by the company. The purpose of the extension is to provide time for the company to complete a business combination.
MLAB

Hot Stocks

08:09 EST Mesa Labs completes the acquisition of GKE Science & Technology - Mesa Laboratories announced the completed acquisition of GKE-GmbH's sterilization indicators business and its accredited, independent testing lab SAL GmbH on October 16th, 2023. Today, Mesa announced the completion of the acquisition of GKE's Chinese sales entity, Beijing GKE Science & Technology effective December 31, 2023, which completes all related transactions. Together, the entities are referred to as "GKE." The three GKE entities are expected to add EUR 19-EUR 20 million of revenues over the next 12 months and deliver mid-single digit organic revenues growth over the next several years. Excluding the impact of purchase accounting and integration expenses, we expect gross profit as a percentage of revenues to be in line with our existing SDC business and adjusted operating income1 as a percentage of revenues to approach 37%-40% over the next 12 months.
LSEA

Hot Stocks

08:08 EST Landsea Homes names Kelly Rentzel as General Counsel - Landsea Homes announced that Kelly Rentzel has joined the company's senior leadership team as General Counsel. Rentzel joins Landsea Homes from First Foundation, a financial services company with two wholly owned operating subsidiaries, First Foundation Advisors and First Foundation Bank.
SHOT

Hot Stocks

08:08 EST Safety Shot announces brand activation event at Coachella - Safety Shot announced its inaugural brand activation with "Safety Shot House" at the Coachella Valley Music and Arts Festival on April 12 - 14, 2024. One of the highest profile events in the music and arts world, Coachella attendees, an estimated 250,000 over both weekends, are an ideal demographic for Safety Shot, the world's first patented drink that helps people feel better faster by reducing blood alcohol content and boosting clarity. Safety Shot joins other global beverage brands that have created activations at Coachella including Heineken, Patron, Don Julio, 818 Tequila, Aperol Spritz, and Evian.
BNGO

Hot Stocks

08:07 EST Bionano Genomics announces OGM added to ISCN - Bionano Genomics announced a publication outlining the addition of optical genome mapping, OGM, to the International System for Human Cytogenomic Nomenclature, ISCN. The OGM nomenclature is expected to be published in the 2024 edition of the ISCN guide, a reference volume covering ISCN nomenclature that is utilized worldwide by cytogeneticists, molecular biologists, technicians, and students. "We are pleased to see the ISCN committee recognize OGM through its inclusion in their nomenclature, which has been a standard reference for cytogeneticists since 1960. An international nomenclature is essential for clear communication in publications and consistency in databases. This nomenclature will serve as a practical and easily available reference that will enable genetic laboratories to maintain consistent levels of reporting on OGM findings. Inclusion in ISCN is a significant milestone for OGM and for researchers using the workflow to advance molecular cytogenetics," added Erik Holmlin, PhD, president and chief executive officer of Bionano.
SLGC

Hot Stocks

08:07 EST Egan-Jones: SomaLogic holders should vot 'against' Standard BioTools deal - Madryn Asset Management a holder of approximately 4.2% of the outstanding common stock of SomaLogic (SLGC), announced that Egan-Jones Proxy Services an independent proxy advisory firm, has recommended shareholders vote AGAINST the proposed merger with Standard BioTools (LAB) at the Company's Special Meeting of Shareholders on January 4. In its report, Egan-Jones noted: "Egan-Jones views the proposed transaction to be untimely and inadvisable in terms of maximizing shareholder value." "We believe that the proposed merger agreement was a result of an insufficient search process due to the presence of conflict[s] of interests, which we view as detrimental to the assessment of the true value of the Company." "Assuming that the merger will be consummated, Eli Casdin and Casdin Capital, will retain their valuable Series B Preferred Put-Right in the pro forma combined entity."..Mr. Casdin's ties with certain members of the Transaction Committee makes the process' integrity questionable." "...the merger significantly undervalues the Company's worth... We believe that there is a crucial discount to the premium and to the Company's value as well." "...SomaLogic is better off as a stand-alone company, in the absence of a significantly higher offer." Avinash Amin, Managing Partner of Madryn Asset Management, stated: "Egan-Jones clearly recognizes that the Proposed Merger is inherently flawed and not in the best interests of SomaLogic or its shareholders. We are pleased that Egan-Jones has joined the chorus of shareholders who have publicly opposed the Transaction due to its numerous failings, including an inadequate process, poor governance and blatant undervaluation of SomaLogic. We urge our fellow shareholders to follow Egan-Jones' independent recommendation and vote against this Transaction."
INO

Hot Stocks

08:07 EST Inovio to submit BLA for INO-3107 in 2H24 - INOVIO announced plans to submit a BLA for INO-3107 as a potential treatment for Recurrent Respiratory Papillomatosis in the second half of 2024. This announcement follows an Initial Comprehensive Multidisciplinary Breakthrough Therapy (Type B) Meeting with the FDA on critical aspects of the data package required to submit a BLA under the agency's accelerated approval program. "Based on productive discussions with the FDA, we believe we now have established a path to submitting a BLA for INO-3107 under the accelerated approval program," said Dr. Jacqueline Shea, INOVIO's President & CEO. "Our plan is to complete the submission of our BLA in the second half of 2024 and request a Priority Review. We also plan to initiate a confirmatory trial prior to submission of our BLA. Concurrently, we will continue advancing our commercial plans, with the goal of being ready to launch INO-3107 in 2025."
TPET

Hot Stocks

08:07 EST Trio Petroleum commences production of two wells in South Salinas project - Trio Petroleum provided updates on its HV-1 confirmation well and its HV-3A discovery well in the Company's South Salinas Project. On December 27, the Company moved a rig onto location at its South Salinas Project to begin a workover of its HV-1 well, and subsequently the rig will move to its previously drilled HV-3A well. The Company estimates both wells should be producing on pump in mid- to late-January. A pumping unit and temporary facilities are already installed at the HV-1 well site and are now being reinstalled at the HV-3A well site. The HV-1 was drilled as a two-mile step-out from the previously drilled HV-3A well. The HV-1 location was chosen based on interpretation of 3-D seismic data with the goal of better defining the magnitude of the Presidents Field located in the large 9,267 acre South Salinas Asset in which Trio owns an 85.75% working interest. During the drilling and testing of the HV-1 well, the Company was excited by the oil shows and swab testing results of the Mid-Monterey-Clay, a zone previously not assigned any value in the Company's reserve report, but which swab tested at rates of up to approximately 125 barrels of oil per day. The swabbing operations were short-term and are not necessarily indicative of long-term production capacity and, therefore, the Company plans to further test the zone by putting it on pump and producing from this new zone. The Company believes production from this zone will further increase the reserves and PUDs of the Company's current approximate $2 billion PV reserve value. The workover of the HV-1 well will isolate existing perforations in the Mid-Monterey-Clay at 6,390-6,560 feet depth from perforations in shallower zones, allowing the Company to then production test the Mid-Monterey-Clay by putting it on pump. Recently, Company management revisited the exploration permit for the HV-3A well and determined that production of the well could resume, and that a majority of the permitted eighteen-month test-period remains. This unexpected, but very favorable, outcome enables the Company to produce from two wells, the HV-1 and HV-3A, much earlier than expected. The Company is currently improving the road to the HV-3A well site, reinstalling temporary facilities, and putting the well back on pump. There are currently 250 feet of open perforations in the HV-3A well, of which 125 feet are in the Yellow Zone and 125 feet are above the Yellow Zone in the Upper-Monterey-Clay. Earlier production testing on pump of these same HV-3A perforations recovered 18.5 degrees to 22.4 degrees API gravity oil at rates up to 154 BOPD, with the average over the final two weeks being 33 BOPD plus 86 barrels of water per day. The future production of the HV-3A well could be improved as the perforations have not yet been acidized for borehole-cleanup and there are significant behind-pipe intervals in the well that have not yet been perforated. The Company intends to production test the existing open perforations on pump and to then take steps, as may be appropriate, to increase oil and gas production at the well, such as acidizing for borehole-cleanup, adding new perforations, and/or opening existing deeper perforations that previously produced oil and that are currently below bridge plugs.
BNGO

Hot Stocks

08:06 EST Bionano Genomics announces publication of framework paper for OGM-Dx HemeOne - Bionano Laboratories announced the publication of the first framework paper for the clinical adoption and implementation of the optical genome mapping workflow for hematological malignancy applications, a process utilized by Bionano Laboratories in the development of its laboratory developed test, marketed as OGM-Dx HemeOne. In the publication, the authors note that many recent peer-reviewed papers have validated OGM's potential to contribute to the analysis of hematological malignancies, highlighting its reported high levels of concordance with traditional cytogenetic methods, its ability to detect novel structural variants missed by those methods, and its ability to contribute to a more complete and thorough understanding of relevant hematologic biomarkers. The authors believe that a proactive approach to the development of standards would be beneficial for global laboratories' understanding of how best to use an OGM workflow. Consortium members collaboratively outlined a consensus framework designed to provide guidance to laboratories interested in the adoption and implementation of OGM. The authors covered considerations that need to be addressed when incorporating OGM into a laboratory, including assessment of clinical utility, proof of principle study, method validation, clinical validation, and implementation. The framework addresses these considerations with specific recommendations in three areas: validation, quality control, and analysis and interpretation of variants. Through the publication, the authors stated that their primary purpose is to assist laboratories with a more uniform implementation of OGM in hematologic malignancies with the aim of achieving globally accepted standards.
CBAY

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08:06 EST CymaBay: Analysis of Phase 3 ENHANCE study published in Hepatology - CymaBay Therapeutics announced the first published findings demonstrating the impact of seladelpar on serum interleukin-31 levels and its correlation with pruritus improvement in people with primary biliary cholangitis. Seladelpar is a first-in-class oral, selective PPARdelta agonist being investigated for the treatment of patients with PBC. The latest findings from a post-hoc analysis of the Phase 3 ENHANCE study, were published today in the open access journal Hepatology and are the first peer-reviewed published report of a correlation in decreases in IL-31, bile acids and pruritus symptoms in PBC following treatment with an investigational agent. In a post-hoc analysis of the Phase 3 ENHANCE study, IL-31 serum levels were measured in people with PBC who received daily oral doses of seladelpar 5 mg (n=53), 10 mg (n=53) or placebo (n=55) for three months. IL-31 is a cytokine known to mediate pruritus and blocking IL-31 signaling can provide relief in pruritic skin diseases. Statistically significant dose-dependent decreases in IL-31 were observed with seladelpar 5 mg (-30%, p=0.0003) and 10 mg (-52%, pless than0.0001) compared to placebo (+31%) in the study. IL-31 levels correlated with pruritus intensity using a numerical rating scale (NRS, 0-10; r=0.54, pless than0.0001). Participants who experienced an improvement in pruritus (decrease in NRS of 2 or more) demonstrated greater dose-dependent reductions in IL-31 compared to those without pruritus improvement (decrease in NRS of less than 2).Baseline IL-31 levels also closely correlated with total (r=0.54, pless than0.0001) and conjugated bile acids (up to 0.64, pless than0.0001). Strong correlations were also observed between changes in IL-31 levels and changes in total bile acids (r=0.63, pless than0.0001) and conjugated bile acids in the seladelpar 10 mg group.
CRNC MSFT

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08:05 EST Cerence, Microsoft collaborate for AI-powered automotive user experience - Cerence (CRNC) is collaborating with Microsoft (MSFT) to deliver an evolved in-vehicle user experience that combines Cerence's extensive automotive technology portfolio and professional services with the innovative technology and intelligence of Microsoft Azure AI Services. As a first step, Cerence and Microsoft have collaborated to deliver a curated, automotive-grade implementation for users to access OpenAI's ChatGPT model through Microsoft Azure OpenAI Service in their vehicles. Through the companies' collaboration, automotive OEMs and their customers will benefit from Cerence's deep vertical expertise and footprint in transportation combined with Microsoft cloud capabilities, creating a holistic user experience through seamless integration into automakers' voice and touch user interfaces. Cerence plans to deploy these new capabilities to new vehicles with Cerence Assistant, the company's flagship in-car assistant platform, enabling automakers to deliver added value post-purchase and upgrading the user experience with myriad knowledge domains and real-time data.
CNSL

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08:05 EST Consolidated issues letter to shareholders encouraging vote for Searchlight deal - Consolidated Communications has mailed a letter to its shareholders in connection with its upcoming special meeting of shareholders. Consolidated is reminding shareholders to vote for the proposed acquisition of the company by affiliates of Searchlight Capital Partners and British Columbia Investment Management Corporation. The special meeting is scheduled to be held on January 31. Shareholders of record as of December 13, 2023, are entitled to vote at the special meeting.
ECDA

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08:05 EST ECD Automotive Design CEO, co-founder publishes open letter - ECD Automotive Design announced that its co-founder and chief executive officer, Scott Wallace, published an open letter outlining the Company's strategy. "This is an exciting time, not just for the founders, team members, and shareholders of ECD Automotive Design, but for gearheads everywhere... Our public listing on the Nasdaq in December of 2023 speaks to how far we've come in such a short time. But we are just beginning. To be sure, this is a niche industry today - we cater to the top 1% of the super wealthy. But in many ways, we don't just sell automobiles. We sell an immersive, interactive experience... Our vision is to consolidate the large and fragmented restomod industry by establishing a leading brand in the luxury auto space. There are hundreds of small, private, restomod companies across the country and the world, but many are unable to source, produce, and deliver to keep up with high demand because of their size and organization structure... We believe that the real opportunity comes with consolidating the classic autos ecosystem. Broadly speaking, there is a $15 billion market spread across manufacturing, supply chain, route-to-market and finance... ECD is pursuing this strategy from a position of strength. We are growing, profitable and well capitalized... ECD's goal is to become a much larger company over the next few years, growing both organically and strategically, while expanding margins and generating cash. We intend to execute our business plan with the same unfaltering focus on capital allocation that allowed Humble to scale during its first decade of existence with minimal outside capital. Having a culture where return on invested capital is deeply rooted from the shop floor to the C-Suite is a competitive advantage and will serve as a North Star for how ECD will ultimately drive long term shareholder value."
LRE

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08:03 EST Lead Real Estate reports 'positive' response from Shanghai property show buyers - Lead Real Estate reported that the Company received a strong attendee turnout in its exhibit booth at the Shanghai Luxury Property Show Real Estate Exhibition held in China from December 8 to December 10, 2023. More than 100 potential customers, including Chinese luxury home and hotel buyers, visited LRE's booth at the Shanghai LPS, and many expressed interest in the Company's properties. Among these properties was LRE's newest and best-selling condominium, Excelsior Yoyogi-Koen-mae, which has a selling price of 1.298 billion Japanese yen, or approximately $9.1 million, per unit. A prominent Chinese real estate buyer is currently visiting Japan to view this property, as well as several other luxury LRE condominiums, according to the Company.
ICCM

Hot Stocks

08:03 EST IceCure Medical's ProSense boosts immune response against cancer in study - IceCure Medical announced the publication of a study titled "Piezo1 facilitates optimal T cell activation during tumor challenge" in the highly influential peer-reviewed journal OncoImmunology. The study, conducted at Case Western Reserve University School of Medicine in Cleveland, Ohio, by Muta Abiff et al, utilized ProSense for cryoablation procedures in a mouse model to explore the role of the Piezo1 protein in regulating T-cell tumor immune-mediated rejection of soft tissue tumors. The Piezo1 study involved performing cryoablation with ProSense on tumor volumes of approximately 100mm3 (diameter ~6 mm) using a mouse model. The cryoprobe was placed percutaneously directly on the tumor mass. The data demonstrates that cryoablation induces immune rejection by enhancing CD8+ T cell activation, a process dependent on T cell expression of Piezo1. Increased activation and responsiveness, potentially leading to a more robust immune response against abnormal cells, was detected up to 2 weeks after cryoablation, displayed as an increase in CD25 and interferon gamma expression on CD8+ T cells.
WKSP

Hot Stocks

08:02 EST Worksport announces strategic parntership with NeuronicWorks - Worksport announce that it has formed a strategic partnership with NeuronicWorks to manufacture and assemble the COR battery system in preparation for the system's anticipated Alpha release. Along with supplying Worksport's circuit boards for the COR hub, NeuronicWorks will perfect the construction of the full unit. COR's Alpha release, which will allow real-world testing and first-hand user experiences, is intended to be a pivotal step towards the manufacturing of the COR system in Canada, and eventually launching it using both international and domestic parts. "Selecting a high-tech manufacturing partner like NeuronicWorks is a big step for Worksport on the road to the eventual market introduction of the revolutionary and world-beating SOLIS solar light truck cover and its companion COR battery system," said Worksport CEO Steven Rossi. "We are thrilled to be partnering with such a distinguished electronic engineering leader and benefit from its substantial track record in bringing to market highly advanced proprietary products. Assembling the COR system in Canada in partnership with this leading electrical engineering company is a testament to our commitment to quality and sustainability. By bringing assembly to Canada, we have further strengthened our position in the renewable energy sector."
ENTX

Hot Stocks

08:02 EST Entera Bio receives extension from Nasdaq to regain compliance - Entera Bio received an extension of 180 calendar days from the Nasdaq Stock Market to regain compliance with the Nasdaq's minimum $1.00 bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on the Nasdaq Capital Market. The Nasdaq determination is based on the Company meeting the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on the Nasdaq Capital Market with the exception of the Bid Price Requirement. This current notification from Nasdaq has no effect on the Company's business operations or on the listing or trading of the Company's shares, which will continue to trade on the Nasdaq Capital Market under the symbol ENTX. As a result of the extension, the Company has until June 24, 2024 to regain compliance with the Bid Price Requirement. To regain compliance, the closing bid price of the Company's ordinary shares must be at least $1.00 for at least 10 consecutive business days prior to June 24, 2024. Nasdaq would then provide a written confirmation of compliance and the matter will be closed. If the Company does not regain compliance with the Bid Price Requirement by June 24, 2024, Nasdaq will provide written notification to the Company that its shares will be subject to delisting. At such time, the Company may appeal the delisting determination to a Nasdaq Hearings Panel. The Company would remain listed pending the Panel's decision.
CMGR

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07:52 EST Clubhouse Media reports HoneyDrip.com active users up 5% in December - Clubhouse Media Group announced that HoneyDrip.com has seen month over month growth, continuing into December 2023. Honeydrip.com is a digital platform designed and wholly owned by CMGR with a focus on the empowerment of creators. The site allows creators to connect and engage with fans and monetize exclusive content. HoneyDrip.com has experienced rapid growth in four main categories during the month of December 2023 alone: 1) Active performers on the site increased by 4%; 2) Content posts to be sold increased by 6%; 3) Active users increased by 5%; 4) Applications from creators wishing to join the site increased by 3%.
DIS

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07:50 EST Blackwells Capital nominates three candidates for Disney board - Blackwells Capital, a shareholder of The Walt Disney Company announced that it has nominated three candidates - Jessica Schell, Craig Hatkoff and Leah Solivan - for election to the board of directors of Disney at the Company's 2024 annual meeting of shareholders. The firm said, "Blackwells' November 30, 2023 press release catalyzed the idea that shareholders deserve the opportunity to continue supporting Disney's turnaround and transformation efforts under the leadership of the current Board and CEO, Robert A. Iger, unbound by Trian Fund Management and Nelson Peltz's reprise of a contrived campaign that is disconnected from the needs of Disney stakeholders. Ten months ago, Mr. Peltz withdrew Trian's unnecessary proxy fight at Disney. Mr. Peltz would now have shareholders elect him personally, along with a disgruntled former Disney employee. Neither candidate has the skillsets Trian claims the Board lacks. Rather, we believe Mr. Peltz's latest effort is driven by animus against Mr. Iger, and an ego-driven urge to claim credit for a transformation already underway. Flip-flopping, self-interest and personal quarrels have no place in a Boardroom. Individuals seeking to gain representation on Disney's Board must have skillsets that the Board needs as well as a demonstrable record of creating value for all stakeholders. Mr. Peltz and his coterie seem to fail that test, time and time again." A brief description of each of Blackwells' nominees follows: Schell has extensive experience in the entertainment, technology and retail industries as an executive with Warner Brothers Discovery and NBC Universal. Hatkoff has extensive experience in the real estate industry, having served as a director on the boards of prominent public real estate companies and as head of a real estate M&A at one of the largest investment banks in the United States. Solivan is a venture capitalist and technology expert, leading several successful funds that invests in consumer, SaaS and infrastructure companies.
LASE

Hot Stocks

07:49 EST Laser Photonics receives order from OPG Nuclear Division - Laser Photonics announced it received an order from Ontario Power Generation's, or OPG, Nuclear Division for its MarkStar Pro laser marking system.
FRFHF

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07:47 EST Fairfax Financial raises annual dividend to $15.00 per share - Fairfax Financial Holdingshas declared an increased dividend of $15.00 per share on its outstanding multiple voting and subordinate voting shares, payable on January 25, 2024 to shareholders of record on January 18, 2024. Applicable Canadian withholding tax will be applied to dividends payable to non-residents of Canada.
REKR

Hot Stocks

07:37 EST Rekor Systems completes acquisition of All Traffic Data Services - Rekor Systems has completed the acquisition of All Traffic Data Service, further solidifying its expertise in transportation data collection and analytics. ATD collaborates closely with numerous traffic engineering firms, metropolitan planning organizations, municipalities, and state Departments of Transportation, where Rekor currently lacks a sales presence. They are actively involved in data collection across a wide-ranging geographic area, encompassing states like California, Colorado, Arizona, Nebraska, Nevada, Oregon, and Washington. This addition expands the coverage of Rekor's urban mobility operations across the country's western region. Further, it strengthens its position in the Southeast, providing ready access to experienced urban mobility personnel and operational facilities to support the expansion of its IoT network. This acquisition follows Rekor's 2022 acquisition of Southern Traffic Services, demonstrating the Company's commitment to shaping the future of urban mobility. The new addition will combine two complementary data collection companies under the Rekor banner. This is anticipated to accelerate Rekor's business plan and path to profitability going forward. It combines over 30 years of traffic engineering and data collection expertise with Rekor's next-generation artificial intelligence and machine learning technologies. The combination of local presence, experienced resources, and new technology uniquely positions the Company to become the leading provider of artificial intelligence and machine learning-driven solutions for traffic management, urban mobility, and public safety for departments of transportation in the United States. In conjunction with this transaction, Drew Meyers, a Partner at Seaport Capital, has been appointed to the Rekor Board of Directors. The acquisition is valued at $19 million through a combination of cash and stock. ATD will operate as a business unit within Rekor, leveraging its existing team of approximately 41 employees across offices in 14 states. For fiscal year 2023, ATD is expected to generate approximately $9.5 million in revenue and an estimated $3 million in EBITDA.
NCNO

Hot Stocks

07:36 EST nCino announces Camden National Bank implemented solutions from Mortgage Suite - nCino announced the implementation of its mortgage origination and closing solutions from nCino's Mortgage Suite by Camden National Bank. The Bank's replacement of its legacy mortgage point-of-sale technology with digital solutions from nCino's Mortgage Suite is the latest in a series of modernization efforts. The transition to nCino's Mortgage Suite has made it easier for the Bank to accept digitally signed loan documents instead of requiring wet-signed paperwork, which in turn will allow Camden National Bank to offer solutions that support remote online notarization closings, a notarization method recently authorized by newly enacted legislation in Maine and Massachusetts.
ACHFF

Hot Stocks

07:36 EST Arch Biopartners gets Turkish MOH approval for Phase II trial of LSALT peptide - Arch Biopartners has received approval in Turkey from the Ministry of Health to proceed with a Phase II trial for LSALT peptide, targeting the prevention and treatment of cardiac surgery-associated acute kidney injury. LSALT peptide is the Company's lead drug candidate for preventing and treating inflammation injury in the kidneys, lungs and liver. With the Ministry of Health approval for the trial, Arch can now proceed to contract and activate clinical sites in Turkey. Patient enrollment is planned to start in February 2024.
SLS

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07:35 EST Sellas Life Sciences provides corporate update - SELLAS Life Sciences Group provided a business update and will host a corporate webinar. "2023 was a very productive year for SELLAS," said Angelos Stergiou, MD, ScD h.c., President and Chief Executive Officer of SELLAS. "We advanced our clinical-stage programs for both galinpepimut-S and SLS009, reported positive initial topline Phase 2a data of SLS009 which showed the first complete response achieved in an acute myeloid leukemia patient resistant to venetoclax combination therapies and significant antileukemic effect and apparent survival benefit, initiated a Phase 1b/2 trial of SLS009 in relapsed/refractory peripheral T-cell lymphomas and held a successful FDA Type C meeting which solidified our GPS CMC program and commercial manufacturing and regulatory plans. We are pleased that the potential for SLS009 has been recognized by the FDA as evidenced by the granting of Fast Track Designation for PTCL and Orphan Drug Designations for AML and PTCL."
JNJ

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07:34 EST Elektrofi, Janssen Biotech enter collaboration, license agreement - Elektrofi has entered a multi-target worldwide research collaboration and license agreement with Janssen Biotech, a Johnson & Johnson company. This collaboration will initially focus on developing an at home self-administered subcutaneous version of a lead oncology asset. The agreement was facilitated by Johnson & Johnson Innovation. Under the terms of the agreement, Elektrofi will receive an upfront payment of $18 million in exchange for Janssen receiving the exclusive right to a lead Janssen oncology target and up to four additional targets. Elektrofi will be eligible to receive future milestones surpassing $155 million per target, subject to achieving developmental, regulatory, and sales-based milestones, as well as a tiered upper mid-single digit royalty on global net sales for commercialized products. Janssen will be responsible for each product's clinical development and commercialization. The strategic partnership with Janssen further expands the use of Elektrofi's innovative formulation technology platform. Through its collaborations with leading pharmaceutical companies, Elektrofi has the potential to develop up to 12 unique products with its partners.
S

Hot Stocks

07:34 EST SentinelOne announces acquisition of CNAPP firm PingSafe in cash and stock deal - SentinelOne announced that it has agreed to acquire PingSafe. The acquisition of PingSafe's cloud native application protection platform, CNAPP , when combined with SentinelOne's cloud workload security and cloud data security capabilities, is expected to provide companies with a fully integrated platform that drives better coverage, hygiene and automation across their entire cloud footprint...."With the addition of PingSafe, we intend to redefine cloud security by fusing best-of-breed cloud workload protection, AI and analytics capabilities with a modern and comprehensive CNAPP," said Ric Smith, Chief Product and Technology Officer, SentinelOne. "This new approach to cloud security will eliminate the need for companies to navigate the complexity of multiple-point solutions, triage and investigate with incomplete context, or pipe data between disparate data silos. Instead, they can comprehensively manage their entire attack surface from a single platform that, unlike legacy CNAPP and standalone providers, delivers the full context, real-time interaction and analytics needed to correlate, detect and stop multi-stage attacks in a simple, automated way."..SentinelOne will acquire PingSafe for a combination of cash and stock. The acquisition is expected to close in SentinelOne's first quarter of fiscal year 2025, subject to any applicable regulatory approvals and customary closing conditions.
VRCA WBA

Hot Stocks

07:32 EST Verrica Pharmaceuticals announces specialty pharmacy agreement with Walgreens - Verrica Pharmaceuticals (VRCA) announced that it is growing its distribution network by entering into an agreement with Walgreens (WBA) to distribute YCANTH through its specialty pharmacy. Walgreens joins Verrica's existing specialty pharmacy, Nufactor, who continues to be instrumental in helping the Company build awareness of YCANTH therapy among high volume dermatology and pediatric medical practices. "We are excited to enter into this agreement with Walgreens to help bring the first FDA-approved therapy for the treatment of molluscum contagiosum, YCANTH, to the millions of adults and children who contract this viral skin disease each year," said Ted White, President and Chief Executive Officer of Verrica Pharmaceuticals. "Walgreens and Verrica mutually recognize the need to address this significant unmet medical need in dermatology, and we look forward to working together to provide greater access to YCANTH for patients in need. We will also continue to work closely with Nufactor, our other Specialty Pharmacy, who continues to be an extraordinary partner."
CME

Hot Stocks

07:32 EST CME Group reports record annual ADV of 24.4M contracts in 2023 - CME Group reported its full-year, Q4 and December 2023 market statistics, showing it reached a record average daily volume of 24.4M contracts during the year, an increase of 5% over 2022. Q4 ADV increased 17% to a record 25.5M contracts and December ADV increased 20% to a record 23M contracts. Reference Link
BBIO

Hot Stocks

07:31 EST BridgeBio announces FDA clearance of IND application for BBO-8520 - BridgeBio Pharma has announced that the United States Food and Drug Administration, FDA, has cleared the investigational new drug, IND, application for BBO-8520, a first-in-class orally bioavailable and highly potent small molecule direct inhibitor of KRASG12C ON state. BBO-8520 binds covalently to the Switch II pocket in both the GTP-bound ON and GDP-bound OFF state conformations of KRASG12C, leading to rapid and robust inhibition of KRASG12C activity. BBO-8520's ability to inhibit the ON state should provide optimal target coverage and address KRASG12C amplification and receptor tyrosine kinase activation - the two key mechanisms of adaptive resistance to current OFF state inhibitors. BBO-8520 drives substantial tumor growth inhibition in multiple preclinical models, even after emergence of resistance to sotorasib, an FDA approved OFF state inhibitor of KRASG12C.
ABVC

Hot Stocks

07:27 EST ABVC BioPharma, BioLite receive $460M milestone payment from AiBtl - ABVC BioPharma and its subsidiary BioLite announced the Company and its subsidiary received an aggregate of 46 million shares from AiBtl BioPharma, as its first milestone payment under a global licensing agreement. The agreement between the Company and AiBtl placed a value of $460 on such payment. AiBtl is a private company, and the share value is based on the terms of the agreement between the parties and the valuation report done by an independent third party. The Company entered into a definitive global licensing agreement with AiBtl on November 12, 2023, for the Company's CNS drugs with the indications of MDD and ADHD. According to the terms of the agreement, AiBtl delivered 46M shares to the Company as the first milestone payment. The Company expects AiBtl to achieve the further milestones under the agreement, upon which the Company may receive the remaining licensing fees of up to $7M cash and 5% royalties of net sales, up to $200M.
IDR

Hot Stocks

07:25 EST Idaho Strategic expects continuation of recent production profile in 2024 - Idaho Strategic Resources providesits 2023 year in review via a President's Letter to Stakeholders, which read in part, "2023 was an exciting year for the Company on all fronts. Perhaps the biggest and most obvious change has been the Company's shift to profitability, which began in the fourth quarter of 2022 and has continued throughout the three reported quarters of 2023. Coinciding with the Company's increased revenue and profitability, I witnessed an extreme increase in ownership mentality amongst our team members at all levels of the organization. With an almost battlefield-like cohesiveness, the cooperation in our team is a trait rarely seen in business these days. It is very rewarding to see some of the seeds planted long ago that are now bearing fruit. Achieving profitability while building exploration upside is a goal that we have had since we began mining operations and it is only one differentiating factor that sets us apart from much of our junior mining peers...We anticipated and are cognizant of the long-term cycles that have reversed and while we may all be traversing the same seas, not all of us are in the same boat. Looking ahead to 2024, with all the caveats in place that are necessary for a junior producing mining company, I expect a continuation of the recent production profile of the Company as we look to maintain profitability. I also expect that 2024 will be another year where we are reinvesting our profits and cash flow - specifically into increased exploration of both the greater Murray Gold Belt District and our rare earth elements landholdings. From a macro perspective, we are positioned in a recognized store of value to help withstand and possibly benefit from both a devaluation of the U.S. Dollar and its lessening status as the World's reserve currency. Additionally, increased tensions with the U.S.' global adversaries and an increasing importance of securing domestic sources for minerals necessary for decarbonization and national security will make for a challenging year for our country and an interesting and potentially transformational 2024 for Idaho Strategic."
LASE

Hot Stocks

07:21 EST Laser Photonics receives order for MarkStar Pro Laser Marking System - Laser Photonics received an order from Ontario Power Generation's Nuclear Division for its MarkStar Pro laser marking system.
PEV...

Hot Stocks

07:20 EST Phoenix's EdisonFuture plans to accept bitcoin payments - Phoenix Motor announced that its EdisonFuture subsidiary plans to accept Bitcoin as a payment option for its customers to pay for EdisonFuture brand electric pick-up trucks and delivery vans, once those products become available in the market. The company conducted market research and discovered that there was a growing interest around bitcoin which was accelerated by the coronavirus pandemic and complex geopolitics. This informed our decision to allow customers to pay for our products and services using bitcoin, and to better meet the growing demand for Web 3 and Artificial Intelligence in the near future.
AOTVF

Hot Stocks

07:19 EST Ascot announces fourth batch of assay results from Premier Gold Project - Ascot Resources announces the fourth and final batch of assay results from the 2023 exploration drill program at the Company's Premier Gold Project, located on Nisga'a Nation Treaty Lands in the prolific Golden Triangle of northwestern British Columbia. Derek White, President and CEO of Ascot commented, "Our 2023 surface drilling program finished on a high note, with many planned stope shapes at Big Missouri being confirmed and, in some cases, expanded. We look forward to exploiting this material in the coming months and processing it at the Premier mill, where we anticipate starting pre-commissioning shortly. Similar confirmatory and expansion results were achieved in 2023 at the Prew Zone of the Premier Deposit, where underground access development is also being progressed. Overall, the 2023 drill program enhances our confidence in the geological model, which is all the more important as we become Canada's next gold producer."
POET

Hot Stocks

07:18 EST Poet Technologies announces ZKTel as customer, collaborator - POET Technologies announced that Shaoxing ZKTel Equipment is one of the lead customers for POET's 100G optical engines. POET and ZKTel have been collaborating to develop a 100G CWDM4 optical transceiver module using POET optical engines supplied by POET's joint venture company, Super Photonics Xiamen. Each module contains a 100G CWDM4 transmit and a receive engine with monolithically integrated MUX and DMUX, directly modulated lasers, and high-speed photodiodes. POET developed the product to suit ZKTel's desired designs, demonstrating the flexibility of the optical interposer technology. "We have been working with ZKTel for more than a year and are pleased to announce a design win for POET with another module supplier that will go into production in 2024," said Dr. Suresh Venkatesan, POET's Chairman and CEO. "ZKTel is a highly respected and significant player in the China datacom industry and to collaborate with them through SPX is further validation of POET's commercial and technical strategy. ZKTel has a robust product portfolio and an expansive number of end users. Through this collaboration, POET and SPX have a roadmap with ZKTel that goes beyond the initial 100G CWDM optical engine sales."
NSPR

Hot Stocks

07:18 EST InspireMD appoints Pete Ligotti as EVP, GM of North America - InspireMD announced the appointment of Pete Ligotti as Executive Vice President and General Manager of North America. Ligotti joins InspireMD from NuVasive where he served as Vice President and General Manager of NuVasive Specialized Orthopedics - NSO since January 2022. In connection with the appointment of Mr. Ligotti as Executive Vice President and General Manager of North America, InspireMD has granted Mr. Ligotti 138,460 shares of restricted stock and stock options to purchase 46,150 shares of InspireMD's common stock. The grant of restricted stock and stock options was approved by the Compensation Committee of InspireMD's Board of Directors and was granted outside of InspireMD's 2021 Equity Compensation Plan, with a grant date of January 2, 2024, as an inducement material to Mr. Ligotti entering into employment with InspireMD, in accordance with Nasdaq Listing Rule 5635(c)(4). The restricted stock and stock options vest over three years, with one-third vesting on the first anniversary of the grant and the remainder vesting in two equal installments on the second and third anniversaries of the grant date, subject to Mr. Ligotti being continuously employed by InspireMD as of such vesting dates. The stock options have a ten-year term and an exercise price of $2.71, the closing sales price of InspireMD's common stock on the grant date.
ACRHF

Hot Stocks

07:17 EST Acreage Holdings enters New York AU market with first produce sale - Acreage announced it has launched Adult-Use, AU, operations in New York. "We are tremendously proud to officially become an adult-use wholesale distributor in New York," said Dennis Curran, Chief Executive Officer and Chairman of Acreage. "As a New York-headquartered company and long-time medical operator in the state, we have been anxiously awaiting the launch of our adult-use operations here. We believe there is immense growth potential in the Empire State, with it expected to become one of the largest cannabis markets in the country, representing an incredible opportunity for us to dramatically increase our total addressable consumer base. We have built strong relationships in New York and are well prepared for this long-anticipated AU launch, with our team having identified key partners for sales. For years, our high-quality products have only been available to medical-use patients, and we are excited for adult-use consumers to now learn why so many patients choose The Botanist."
PMN

Hot Stocks

07:16 EST ProMIS appoints Warma as interim CEO, Farfel to pursue other opportunities - ProMIS Neurosciences announced a strategic leadership change. The Company's Board of Directors appointed Neil Warma as interim Chief Executive Officer to succeed Gail Farfel, Ph.D., who has stepped down to pursue other opportunities. Warma has served as an independent Director on ProMIS' Board since 2022.
MBXBF

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07:15 EST Microbix Biosystems sells over C$1M of QAPs to lab PT, EQA services provider - Microbix Biosystems has sold and shipped over C$1 Million of its quality assessment products to a leading agency that provides clinical laboratory accreditation services. This is Microbix's largest-ever individual shipment to a lab proficiency-testing and external quality assessment services provider. The orders were for Microbix QAPs, in both the traditional liquid-vials and formatted onto Copan FLOQSwabs, to support proficiency programs covering numerous infectious diseases across multiple disease categories. The QAPs provided included those to support antigen and molecular tests. They will be used to help validate accuracy of testing on a wide range of test systems - ranging from high-throughput automated instruments to lower volume point-of-care and lab-developed tests. These sales were realized in the fourth quarter of calendar 2023. As with the over C$1 Million set of QAPs purchase orders from a multinational test-maker announced in late September, this PT/EQA-oriented set of P.Os. was nearly equivalent to a full year's worth of QAPs sales from 2020 and is indicative of Microbix beginning to realize its targeted sales growth for this segment of its business. The unit number of QAPs shipped under this set of P.Os. is in the tens of thousands and Microbix expects ongoing sales to this longtime PT/EQA customer
VFF

Hot Stocks

07:14 EST Village Farms announces launch of top-selling cannabis brands in U.K. - Village Farms International announced the first shipment and launch of two leading cannabis brands in the United Kingdom. The Company's Pure Sunfarms and The Original Fraser Valley Weed Co brands will be distributed by 4C LABS. "This launch of our leading BC-grown cannabis brands is a game-changer for patients in the UK, the third most populated country in Europe," said Michael DeGiglio, Chief Executive Office, Village Farms. "We are proud to launch brands and products in the UK that have driven our top-three market share performance in Canada, while also proving successful in other international markets. Through our wholly owned subsidiary, Pure Sunfarms, we are now exporting our preferred Canadian-grown cannabis products to four international medical markets, including Germany, Australia and Israel, which together with the UK, represent a population of more than 185 million."
KELYA

Hot Stocks

07:12 EST Kelly Services completes sale of European staffing business to Gi Group - Kell has completed the sale of its European staffing business to Gi Group Holdings S.P.A.. Kelly previously announced on November 2, 2023, that it had entered into a definitive agreement to sell the business to Gi. Kelly received cash proceeds of EUR 100 million upon closing the transaction. Additional proceeds from an earnout provision based on a multiple of an adjusted 2023 EBITDA measure would be payable in the second quarter of 2024 if achieved. With the sale of Kelly's European staffing business, the company's operating model comprises four reportable segments focused on global MSP and RPO solutions, and North American specialty outcome-based and staffing services. The segments include Professional & Industrial; Science, Engineering & Technology; Education; and Outsourcing & Consulting Group. The company retains its MSP, RPO, and functional service provider business, maintaining a global capability in these businesses in the North America, Asia Pacific, and Europe, Middle East, and Africa regions. The sale also accelerates the company's efforts to significantly improve its EBITDA margin through its ongoing business transformation initiative, contributing approximately 30 basis points of favorable impact on a pro forma, full year 2023 basis. By combining this impact with the benefit of a full year of expected transformation-related savings and current top-line expectations, the company would expect to achieve a normalized, adjusted EBITDA margin in the range of 3.3% to 3.5%.
BCDA

Hot Stocks

07:12 EST BioCardia issues letter to shareholders - BioCardia issues the following letter to shareholders: "BioCardia completed 2023 with three active clinical programs of its autologous and allogeneic cell therapies to treat heart disease, with a focus on ischemic heart failure of reduced ejection fraction. We expect to report clinical data from each of these programs in 2024. In coming months, we will provide a more detailed update on our therapeutic pipeline including expected timelines for data readouts and regulatory milestones. Today, I am writing to share a brief update on our business development activities related to our Biotherapeutic Delivery Partnering, BDP, business and our Morph Access Innovations business... In BDP, our team provides support for pre-clinical and clinical stage programs to enable and enhance our partner's biotherapeutic development efforts. Efforts include review and preparation of protocols, sharing of strategic and regulatory insights, and providing technical input on strategies for handling and delivering biologic agents. We provide protocols and data collection templates as well as catheter products and technologies that are available today. We perform training for staff and physicians and support procedures using our biotherapeutic delivery systems. We believe that BioCardia having more opportunities to participate meaningfully in new high-value therapies through BDP is in our shareholders' interests and outweighs concerns with respect to enabling competitive therapeutic programs. We have two new biotherapeutic delivery partnerships we anticipate finalizing soon based on terms agreed upon in December 2023. Both potential partners have extensive positive large animal experience with our delivery systems, as do a number of additional potential partners. We have the ability to fully support several of these partners, sharing our knowledge, experience and technology to help advance their efforts. We have also been active in partnering discussions for our Morph products for markets where our products and technologies enable high value therapies beyond biotherapeutic intervention... Our BDP and Morph partnering efforts are enhanced by both the performance of our offerings in our clinical programs and our extensive intellectual property portfolio. We have had recent patent issuances in Japan and EU that are in our partner's interests... The coming year offers the potential for catalysts that could dramatically improve our prospects, timetable, and attractiveness as a business, both from our therapeutic programs themselves and from the technologies we have developed to advance these therapeutic programs"
NA

Hot Stocks

07:11 EST Nano Labs announces update to holders of ADRs - Nano Labs announced that Citibank N.A., the depositary of the company's American depositary receipts, distributed to all holders and beneficial owners of the company's ADRs a notification on December 29, 2023 regarding the amendment to the deposit agreement, dated December 19, 2023, as amended, by and among the company, the Depositary, and all holders and beneficial owners of the ADRs, and the termination of ADR facility for the company's American depositary shares. The effective date of the termination of the Deposit Agreement will be February 1, 2024.
TNGX

Hot Stocks

07:11 EST Tango Therapeutics announces first patient dosed in Phase 1/2 trial of TNG348 - Tango Therapeutics announced that the first patient has been dosed in the phase 1/2 trial evaluating TNG348 as a single agent and in combination with olaparib, a PARP inhibitor, in patients with BRCA1/2-mutant or other HRD+ cancers. TNG348 is a novel, selective inhibitor of USP1. The U.S. FDA granted TNG348 Fast Track designation in September 2023. "Dosing the first patient in the TNG348 phase 1/2 trial is an important milestone for us and for patients with advanced ovarian, breast and certain other cancers. TNG348 has the potential to become a meaningful treatment for cancers caused by DNA damage repair pathways defects," said Barbara Weber, M.D., President and Chief Executive Officer of Tango Therapeutics. "As we begin 2024, we are hopeful for the impact we believe we can make for patients by advancing multiple synthetic lethality programs across our clinical-stage pipeline."
LAES

Hot Stocks

07:09 EST SEALSQ Corp. to launch cryptocurrency protocol SEALCOIN - SEALSQ will unveil its revolutionary cryptocurrency protocol, SEALCOIN, during the Davos roundtable on Space IoT and Cybersecurity. This pioneering event aims to address the critical aspects of cybersecurity in the era of Space IoT. SEALCOIN is designed as a solution for the emerging Machine-to-Machine economy, facilitating seamless data and currency exchanges among billions of internet-connected devices. This innovative protocol enables IoT structures from various companies to autonomously interact and access a wide range of services, transcending conventional currency exchange to encompass a complex network of IoT-enabled transactions and services.
LQDT

Hot Stocks

07:09 EST Liquidity Services announces it has acquired Sierra Auction - Liquidity Services announced it has acquired Sierra Auction, a full-service auction company specializing in the sale of vehicles, equipment and surplus assets for government agencies, commercial businesses, and charities. Sierra hosts the largest weekly public online auctions in Arizona. The transaction accelerates Liquidity Services' penetration of the southwest US market for municipal government surplus and expands the size of Liquidity Services' overall transportation and used equipment footprint. "With Sierra's strong track record of delivering value for government and commercial clients, this transaction enhances our business with immediate access to a growing portfolio of clients in the attractive southwestern US surplus market, expands our pre-and post-sale logistics services for fleet owners, and increases our network of buyers for used vehicles and high value equipment," stated Bill Angrick, Chairman of the Board and Chief Executive Officer of Liquidity Services.
HEPS

Hot Stocks

07:08 EST Hepsiburada announces new CFO Koseolu takes office - D-MARKET Electronic Services & Trading, referred to herein as "Hepsiburada," announced that M. Seckin Koseolu has officially taken on the role of the Company's Chief Financial Officer, CFO, effective January 1, 2024. As previously announced on August 18, 2023, former CFO, Oz, will continue to hold his current board member positions in certain subsidiaries of the Company.
AEVA

Hot Stocks

07:07 EST Aeva Technologies selected by automotive OEM asTier 1 LiDAR supplier - Aeva announced that one of the top global automotive OEMs has selected Aeva as its Tier 1 LiDAR supplier for its series production vehicle program. To Aeva's knowledge, the production win represents one of the largest automotive series production awards in its class. The selection positions Aeva to become a trusted direct Tier 1 supplier to automotive OEMs globally. "This win is a defining moment for Aeva and the larger automated driving industry, as it represents one of the largest production design wins with an OEM transitioning to FMCW technology, and is Aeva's first major production win with a top global automotive OEM," said Soroush Salehian, Co-Founder and CEO at Aeva. "This is the culmination of multiple years of diligent effort by the Aeva team and extensive collaboration and qualification of our 4D LiDAR in the automotive industry, and we look forward to sharing more about the significance of this program in the coming weeks." The multi-year production program is expected to generate revenues starting in first quarter of 2024 with production ramp by mid-decade. Aeva expects to reveal more details together with the OEM regarding this major win in early 2024.
NMRD

Hot Stocks

07:07 EST Nemaura Medical decides to accept Nasdaq determination to delist - Nemaura Medical is providing an update regarding recent decisions that will impact Nemaura Medical's listing status on The Nasdaq Capital Market and our broader strategic direction. The company said, "After thorough analysis, Nemaura Medical's Board of Directors and management team have made the strategic decision to accept Nasdaq's determination to delist Nemaura Medical and move to the OTC Markets. This decision arises from a careful consideration of several factors, including challenges outside of our control that have led to a significant attrition of the share price. In light of these circumstances, maintaining our Nasdaq listing would necessitate a substantial dilution of approximately 90%, a move we believe would not serve the best interests of our valued shareholders. The transition to the OTC Markets will provide operational flexibility, reduced compliance costs, and the ability to focus on long-term growth without the immediate pressures associated with maintaining a Nasdaq listing. Committed to creating shareholder value, we are actively pursuing strategic partnerships critical to driving Nemaura Medical's growth. We believe these partnerships will play a key role in securing the necessary funding to propel innovation, expand market presence, and enhance our overall competitiveness. We understand that this decision may raise questions and concerns. We want to assure shareholders that we remain committed to open and transparent communication. We value shareholder trust and support and are dedicated to keeping shareholders informed throughout this transition. As we navigate this new phase, regular updates on our progress, strategic partnerships, and any material developments impacting shareholders will be provided. Additionally, in the near-term, we will continue to file annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K with the SEC. Please feel free to reach out to our Investor Relations team via emailith any questions or if further clarification is needed. Thank you for your continued trust and confidence in Nemaura Medical. Together, we look forward to shaping a successful future."
APLM GLYC

Hot Stocks

07:06 EST Apollomics completes enrollment in Phase 3 bridging study of APL-106 - Apollomics (APLM) announced the completion of enrollment in its Phase 3 bridging study evaluating uproleselan, APL-106, an investigational, first-in-class E-selectin antagonist, added to a standard chemotherapy regimen for the treatment of adults with relapsed or refractory acute myeloid leukemia. This Phase 3 bridging study is being performed in China with Chinese r/r AML patients. Apollomics licensed uproleselan from GlycoMimetics (GLYC), including the rights to clinical development, production and commercial sales in the Greater China market. Guo-Liang Yu, Chairman and CEO of Apollomics said, "As a potential first-in-class therapeutic that addresses chemoresistance, uproleselan has the potential to be transformative in patients with AML. I would also like to thank our investigators, staff, as well as our clinical team and CRO partners, for their commitment to completing this important milestone."
CMMB

Hot Stocks

07:06 EST Chemomab Therapeutics completes enrollment in Phase 2 trial of CM-101 - Chemomab Therapeutics announced early completion of patient enrollment in its Phase 2 clinical trial assessing CM-101 as a treatment for primary sclerosing cholangitis. The company also announced that it expects to report topline data from the PSC clinical trial by midyear 2024, rather than in the second half of 2024 as previously projected.
ESPR DSNKY

Hot Stocks

07:06 EST Esperion, Daiichi Sankyo announce $125M amendment to collaboration - Esperion (ESPR) and Daiichi Sankyo Europe (DSNKY), announced a $125M amendment to their collaboration, which includes an amicable resolution to their commercial dispute and certain other adjustments to enhance the long-term value of their products. DSE has agreed to pay Esperion $100M in mid-January ahead of an anticipated Type II variation approval by the European Medicines Agency, or EMA, for Nilemdo Tablet and Nustendi Tablet. DSE will make an additional $25M payment to Esperion in the calendar quarter immediately following EMA's decision on the pending application. The legal action pending in the United States District Court for the Southern District of New York will be dismissed. The parties also agreed, as part of the resolution: for Esperion to transition to DSE manufacturing and supply responsibilities in Europe and other territories, resulting in significant cost savings and efficiencies for both companies; to expand their collaboration in Europe and other territories, to include the potential development and commercialization of a triple formulation product comprising bempedoic acid, ezetimibe and a statin, which could represent significant long-term value for the collaboration; for DSE to now lead all regulatory communications with the EMA regarding the pending applications.
BRKR

Hot Stocks

07:05 EST Bruker acquires electron microscopy company Nion, no terms - Bruker announced that it has acquired Nion, a privately-held company that develops and manufactures innovative high-end scanning transmission electron microscopes or STEM . Nion was the first company to introduce aberration correction for STEM instruments with ultra-high stability for highest resolution images, and Nion is the world leader in ultra-high energy and spatial resolution electron energy-loss spectroscopy or EELS. This acquisition enhances Bruker's product offerings and technology portfolio in materials science research and provides the technology base for applications in electron diffraction crystallography. In 2023, Nion had approximately $8M in revenue. Financial details of the transaction were not disclosed. Located in Kirkland, WA, USA, Nion was founded in 1997 by Dr. Ondrej Krivanek and Dr. Niklas Dellby. Under their leadership, Nion developed into a premier provider for high-end STEMs for researchers in materials science research worldwide.
RHHBY

Hot Stocks

07:05 EST Remix Therapeutics enters license agreement with Roche - Remix Therapeutics announced a collaboration and license agreement with Roche for the discovery and development of small molecule therapeutics that modulate RNA processing using Remix's REMaster drug discovery platform. Under the terms of the agreement, Remix will receive an upfront payment of $30M and are eligible to receive up to $12M in near-term milestone payments, as well as preclinical, clinical, commercial and sales milestones of up to $1B and tiered royalties. In exchange, Roche will have exclusive rights to specific targets. Remix will conduct discovery and preclinical activities with Roche, and Roche will be responsible for development and commercialization of any resulting products.
ATHA

Hot Stocks

07:05 EST Athira Pharma completes enrollment of Phase 2/3 LIFT-AD trial of fosgonimeton - Athira Pharma announced completion of enrollment in the Phase 2/3 LIFT-AD clinical trial of fosgonimeton as a potential treatment for mild-to-moderate Alzheimer's disease. "The successful completion of enrollment in LIFT-AD marks an important milestone for Athira and enables the topline data readout in the second half of 2024," said Mark Litton, Ph.D., President and Chief Executive Officer of Athira. "We believe LIFT-AD has the potential to meet the study's primary endpoint based on the unblinded interim efficacy and futility analysis performed by an independent committee on the first 100 patients who completed the trial. This interim analysis gives us confidence in a potentially positive outcome for LIFT-AD, as stringent evaluation criteria were applied based on validated and clinically meaningful cognitive and functional outcomes.
XRTX

Hot Stocks

07:04 EST Xortx Therapeutics submits new patent for treatment of chronic kidney disease - XORTX Therapeutics announces submission of a new patent for the treatment of chronic kidney disease. This patent is designed to protect new discoveries and strategies for the treatment of individuals with varied degrees of kidney function in the setting of CKD. Importantly, this patent entitled "Oral and Sublingual Formulations of Xanthine Oxidase Inhibitors and Methods of Treating Disease" outlines new formulations and methods for safer and more effective the use of xanthine oxidase inhibitors in the setting of CKD in particular autosomal dominant polycystic kidney disease, diabetic nephropathy, IgA nephropathy, lupus nephritis and focal segmental glomerulosclerosis. The positive topline results from the XRX-OXY-101 bridging pharmacokinetic clinical study reported in Q1 2023 characterized the pharmacokinetics of the Company's proprietary formulation of oral oxypurinol, XORLO. Results from the Study showed that XORLO was well tolerated by the 88 subjects who received the drug. There were no safety concerns during the testing of drug across the various dosing regimens used. Overall results were positive and showed: a substantial increase in the bioavailability of oxypurinol with the XORLO formulation platform; a substantially increased dose proportionality compared to non-formulated oxypurinol; a multiple dosing regimen that achieved therapeutic target values. In simple terms, substantially increased early oral absorption of XORLO, and increased circulating concentrations of oxypurinol necessary to inhibit production of uric acid across the desired therapeutic range and thereby slow down the advancements of CKD. Each of these results will provide key data to facilitate precise dosing recommendations for upcoming registration trials in individuals with progressing kidney disease due to ADPKD as well as other causes of CKD.
TRDA

Hot Stocks

07:04 EST Entrada Therapeutics promotes Dowden to President - Entrada Therapeutics announced that Nathan Dowden, current Chief Operating Officer of Entrada Therapeutics, has been promoted to President and Chief Operating Officer, effective as of January 1, 2024. Nate joined Entrada in 2019 and has 30 years of strategy, investment, and operational experience in the healthcare sector.
ALKS

Hot Stocks

07:03 EST Alkermes reports results from Phase 3 study of LYBALVI - Alkermes announced topline results from a phase 3, open-label extension study assessing the long-term safety, tolerability and durability of treatment effect of LYBALVI in patients with schizophrenia, schizophreniform disorder or bipolar I disorder for up to four years of treatment, following treatment received in prior LYBALVI studies. LYBALVI is approved in the U.S. for the treatment of adults with schizophrenia, and for the treatment of adults with bipolar I disorder, as a maintenance monotherapy or for the acute treatment of manic or mixed episodes, as monotherapy or as adjunct to lithium or valproate. In this global, open-label extension study, 523 participants received at least one dose of LYBALVI and 35.9% of participants completed the four-year treatment period. The safety profile of LYBALVI was consistent with previous studies. Patients' symptoms of schizophrenia or bipolar I disorder remained stable with up to four years of treatment with LYBALVI, as measured by the Clinical Global Impression of Severity scale. Long-term treatment with LYBALVI was associated with minimal changes in body weight and waist circumference with up to four years of treatment. Similarly, there were generally minimal changes in lipid and glycemic parameters, including HDL cholesterol, LDL cholesterol, triglycerides, fasting glucose and HbA1c over the measured time period. Overall, 60% of patients reported an adverse event. The most common AEs reported (greater than5%) were weight gain, headache, anxiety, insomnia, somnolence, nausea and weight decrease; most AEs were mild to moderate in severity.
IVVD

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07:02 EST Invivyd submits request for EUA to U.S. FDA for VYD222 - Invivyd announced that it has requested Emergency Use Authorization, EUA, from the U.S. Food and Drug Administration, FDA, for VYD222, a broadly neutralizing, half-life extended monoclonal antibody candidate, for the pre-exposure prevention of COVID-19 in immunocompromised adults and adolescents. The EUA submission was based on positive initial results from the CANOPY Phase 3 pivotal clinical trial of VYD222, as well as ongoing in vitro neutralization activity against relevant variants such as JN.1. "We are tremendously pleased by the fact that VYD222 continues to demonstrate in vitro neutralization activity against the latest dominant variant, JN.1, as well as other prevalent SARS-CoV-2 strains," said Dave Hering, Chief Executive Officer of Invivyd. "We believe that the demonstrated durability of VYD222 is reflective of our strategy to select antibody candidates that target conserved epitopes to achieve our stated goal of keeping pace with viral evolution."
TALO

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07:02 EST Talos Energy starts oil and natural gas production at Lime Rock, Venice - Talos Energy announced that it has successfully started oil and natural gas production at Talos's Lime Rock and Venice discoveries, located near its 100% owned and operated Ram Powell platform in the U.S. Gulf of Mexico. Talos owns a 60% working interest in both wells. The Lime Rock and Venice wells were brought safely online in late December 2023 and have achieved an initial combined gross production rate of over 18,500 barrels of oil equivalent per day, averaging about 45% oil and 55% liquids. The estimated combined gross ultimate recoverable resources of these two discoveries are approximately 20M to 30M barrels of oil equivalent. In addition to Talos's net production, we will collect volume-based production handling fees from non-operated partners in both discoveries. The Lime Rock prospect was acquired in Lease Sale 256 in November 2020 and is approximately seven miles from the Ram Powell facility. The Venice prospect was identified within the existing Ram Powell unit acreage approximately three miles from the Ram Powell facility. Talos initially held a 100% working interest in both prospects before successful farm-downs to achieve its targeted 60% working interest.
GRDI

Hot Stocks

07:02 EST Griid Infrastructure receives commencement of delisting notice from NYSE - GRIID Infrastructure announces that, following the Company's notifying the NYSE American of the Company's intention to voluntarily delist from the Exchange, as previously disclosed in the Current Report on Form 8-K filed on January 2, 2024 with the United States Securities and Exchange Commission, the Company received a letter from the on January 2, 2024 stating that the staff of the Exchange has determined to commence proceedings to delist the Company's Common Stock, Units and Redeemable Warrants pursuant to Section 119(f) of the NYSE American Company Guide because the Company consummated a business combination transaction without the required authorization from the Exchange. At this time, the Securities have been suspended from trading on the Exchange and will not continue to trade on the Exchange. The Company has a right to a review of the delisting determination by a Committee of the Board of Directors of the Exchange, provided a written request for such review is requested no later than January 9, 2024. Consistent with its notification of the Exchange regarding its intention to voluntarily delist from the Exchange, the Company has notified the Exchange that it does not intend to make such a request.
APLT

Hot Stocks

07:01 EST Applied Therapeutics announces MAA validation, NDA submission for AT-007 - Applied Therapeutics announced it has submitted a New Drug Application, NDA, to the U.S. Food and Drug Administration, FDA, for govorestat, AT-007 for the treatment of Classic Galactosemia. The NDA was submitted in December 2023. In addition, the Company submitted a Marketing Authorization Application, MAA, to the European Medicines Agency, EMA, in the fourth quarter of 2023, which was subsequently validated and accepted for review in December 2023. "The submissions of both the NDA and MAA for govorestat are supported by rapid and sustained reduction in galactitol, which resulted in a meaningful benefit on clinical outcomes across pediatric patients, alongside a favorable safety profile," said Shoshana Shendelman, PhD, Founder and CEO of Applied Therapeutics. "We look forward to working closely with both regulatory agencies throughout the review process and hope to bring the first treatment to patients with Galactosemia soon."
SU

Hot Stocks

06:50 EST Suncor reports upstream production of 808,000 barrels per day in Q4 - Suncor provided an operational update for the fourth quarter of 2023, highlighting upstream production of 808,000 barrels per day, or bbls/d, which it calls "the second highest quarter in the company's history." The fourth quarter performance results in an annual average upstream production of 746,000 bbls/d, in line with Suncor's corporate guidance provided in November 2022. Suncor's net synthetic crude oil production was 476,000 bbls/d and net non-upgraded bitumen production was 282,000 bbls/d; resulting in total Oil Sands production of 758,000 bbls/d for the quarter. Total production from Exploration & Production was 50,000 bbls/d during the fourth quarter and includes production from the ongoing ramp up of Terra Nova. "I am very proud of the Suncor team for ensuring we delivered on our commitments. Not only did we meet the annual production guidance set a year ago, but December was also Suncor's best month ever with upstream production averaging over 900,000 bbls/d. This is a tangible example that when we set a commitment, we will be laser focused on meeting it," said Rich Kruger, President and Chief Executive Officer.
DYN

Hot Stocks

06:35 EST Dyne Therapeutics reports 'positive' initial data from ACHIEVE trial of DYNE-101 - Dyne Therapeutics announced positive initial clinical data from its ACHIEVE trial of DYNE-101 in patients with myotonic dystrophy type 1 and its DELIVER trial of DYNE-251 in patients with Duchenne muscular dystrophy who are amenable to exon 51 skipping. In the ACHIEVE trial, DYNE-101 demonstrated a dose-dependent splicing correction and increase in muscle delivery and DMPK knockdown while also showing functional improvement in myotonia. Key initial findings from ACHIEVE include: Muscle Delivery: Administration of 3.4 mg/kg of DYNE-101 Q4W demonstrated a mean ASO muscle concentration of 21.5 ng/g at 3 months, while administration of 1.8 mg/kg Q4W showed a mean ASO muscle concentration of 10.0 ng/g at 3 months. DMPK Knockdown: Evaluable patients in the 3.4 mg/kg Q4W group had a 40% mean DMPK knockdown from baseline compared to 25% in patients in the 1.8 mg/kg Q4W group at 3 months. Splicing: Evaluable patients treated with 3.4 mg/kg Q4W of DYNE-101 had a 19% mean splicing correction from baseline across a broad, 22-gene panel at 3 months, with all evaluable participants experiencing an improvement. Patients in the 1.8 mg/kg Q4W group at 3 months had a 13% mean splicing correction. Function: Patients treated with 1.8 mg/kg of DYNE-101 Q4W had a mean 3.8 second benefit in myotonia at 6 months as measured by video hand opening time. Myotonia, which is difficulty in relaxing muscles, is a common symptom of DM1 patients. Patient Reported Outcome: Patients in the DYNE-101 1.8 mg/kg Q4W group experienced an overall improvement at 6 months in the Myotonic Dystrophy Health Index, including the fatigue subscale, suggesting potential benefit of DYNE-101 in the CNS.
AFMD

Hot Stocks

06:33 EST Affimed to sell AbCheck to Ampersand Biomedicines for $6M - Affimed announced that it has reached a definitive agreement to sell its wholly-owned subsidiary, AbCheck s.r.o., to Ampersand Biomedicines. Under the terms of the agreement, Ampersand Biomedicines will acquire AbCheck for a purchase price of $6M consisting of $5M in cash to be paid in two tranches, and $1M in Ampersand common stock, subject to certain adjustments and a holdback. Affimed is also entitled to receive milestone payments from a pre-existing AbCheck partnership.
AGIO

Hot Stocks

06:31 EST Agios Pharmaceuticals: Phase 3 ENERGIZE study met primary endpoint - Agios Pharmaceuticals announced that the global Phase 3 ENERGIZE study of mitapivat in adults with non-transfusion-dependent alpha- or beta-thalassemia achieved its primary endpoint of hemoglobin response. Statistical significance was also achieved for both key secondary endpoints associated with change from baseline in FACIT-Fatigue Score and hemoglobin concentration. "The results of the Phase 3 ENERGIZE study underscore the potential of mitapivat to be a meaningful treatment option for adults with non-transfusion dependent alpha- or beta-thalassemia. All subgroup analyses favored the mitapivat treatment arm compared to placebo," said Sarah Gheuens, M.D., Ph.D., chief medical officer and head of R&D at Agios. "We are grateful to all of the patients who participated in this trial, our collaborators, study investigators and advisors in the patient and clinical communities for their partnership in achieving this milestone. These data bring us one step closer to a treatment for all thalassemia patients, and we look forward to the ENERGIZE-T readout mid-year."
TDCX

Hot Stocks

06:07 EST TDCX receives proposal from CEO to acquire remaining Class A ordinary shares - TDCX announced that its board of directors has received a preliminary non-binding proposal letter dated January 2, 2024, from Laurent Junique, Founder, Executive Chairman, Director, CEO, and ultimate beneficial owner of the company, to acquire all of the outstanding ordinary shares of the company, including the Class A ordinary shares represented by the American Depositary Shares of the company that are not already held by the Founder for a proposed purchase price of $6.60 per Ordinary Share or ADS in cash. The company has formed a special committee of the Board, comprised solely of independent and disinterested directors, to consider the Proposal Letter and the Proposed Transaction and make recommendation to the Board. The Board expects that the special committee will retain independent legal and financial advisors to assist in the review of the Proposed Transaction. The company cautions that the Board has just received the Proposal Letter and has not made any decisions with respect to the Proposal Letter and the Proposed Transaction. There can be no assurance that the Founder will make any definitive offer to the company, that any definitive agreement relating to the Proposal Letter will be entered into between the company and the Founder, or that the Proposed Transaction or any other similar transaction will be approved or consummated. The company does not undertake any obligation to provide any updates with respect to this or any other transaction, except as required under applicable law.
GRVY

Hot Stocks

06:04 EST Gravity: Ragnarok X: Next Generation received ISBN Code by Chinese government - Gravity announced that Ragnarok X: Next Generation received an ISBN Code by Chinese government disclosed on December 22, 2023. This is the second ISBN code with Ragnarok IP approved by Chinese government in 2023 Ragnarok X: Next Generation has continued its outstanding performances since its launching in Taiwan, Hong Kong and Macau in 2020. The game ranked the first in top-grossing in both markets, Google Play and Apple App Store in Taiwan and Hong Kong and Macau after its launching. Also, it ranked the first in top-grossing in Apple App Store in Thailand, Indonesia and Philippines since its launching in Southeast Asia in 2021. The cumulative download number of the game has been reached over 23 million. Gravity said that "We are very excited to introduce Ragnarok X: Next Generation to Chinese uses, which recorded mega hit in each launching markets. We will try our best to provide successful services in Chinese market."
DIS

Hot Stocks

06:01 EST Disney, ValueAct Capital enter information-sharing arrangement - The Walt Disney Company and ValueAct Capital Management, L.P. have entered into a confidentiality agreement that enables the company to provide information to the investment firm and consult with ValueAct on strategic matters, including through meetings with the Disney Board and management. ValueAct has extensive experience investing in media and technology companies navigating significant business transformations, including Spotify, The New York Times, 21st Century Fox, Nintendo, Microsoft, Adobe and Salesforce. "ValueAct Capital has a track record of collaboration and cooperation with the companies it invests in, and its Co-CEO Mason Morfit has been very constructive in the conversations we've had over the past year. We welcome their input as long-term shareholders," said Robert A. Iger, Disney's CEO. "Disney is the world's leading entertainment company. It has the best intellectual property, sports brand and parks & experiences assets in the industry. As legacy technologies transition to digital platforms, we believe Disney can lead the media industry forward. We could not be more excited to partner with Bob and the Board to help create long-term sustainable shareholder value," said Mason Morfit, ValueAct Capital Co-CEO and Chief Investment Officer. ValueAct has confirmed it will support the Disney Board of Directors' recommended slate of nominees for election to the Board at the 2024 Annual Meeting.
EADSY RYCEY

Hot Stocks

05:58 EST Airbus confirms Japan Airlines A350-900 involved in accident Tuesday - Airbus (EADSY) confirmed on Monday that an A350-900 operated by Japan Airlines was involved in an accident during flight JAL516 from Sapporo New Chitose Airport to Haneda International Airport shortly after 17:47 local time. All 367 passengers and 12 crew members on-board evacuated the aircraft, Airbus said. "The A350 collided with a DHC-8 aircraft at landing in Haneda. The Japanese authorities have since confirmed that sadly five of the six people on board the DHC-8 did not survive. The exact circumstances of the event are still unknown. The aircraft involved in the accident, registered under the number JA13XJ, was MSN 538, delivered to Japan Airlines from the production line on 10 November 2021. It was powered by Rolls-Royce (RYCEY) Trent XWB engines." Reference Link
GSIT

Hot Stocks

05:36 EST GSI Technology selected by Afwerx for $1.1M SBIR Direct-to-Phase II contract - GSI Technology announced it has been selected by Afwerx for an SBIR Direct-to-Phase II contract in the amount of $1.1M to demonstrate high-data computation use cases leveraging the distinct compute in-memory architecture of its next-generation Associative Processing Unit-2, or APU2. GSI will create specialized algorithms for the U.S. Air Force Research Laboratory, or AFRL, to leverage the compute-in-memory architecture of the Gemini APU. This chip is designed for various AI applications to tackle key challenges in the Department of the Air Force, or DAF, including in-aircraft search and rescue, object detection, moving target indication, change detection, and SSIM in GPS-absent situations. GSI will also develop algorithms using data from the United States Space Force, or USSF, to showcase the performance benefits of its compute-in-memory APU2 integrated circuit, or IC.
LTRX

Hot Stocks

05:14 EST Lantronix, P3 Digital Services enter partnership and technology pre-integration - Lantronix and P3 Digital Services together announced their partnership and technology pre-integration.Lantronix's embedded in-vehicle infotainment platform is now pre-integrated with Sparq OS, the IVI software platform created by P3 Digital Services. Pre-integration between software and hardware accelerates time to market and minimizes technology risk. At the same time, with proven and trusted technology interoperation, the OEM can significantly save engineering and management time.
TME UMGNF

Hot Stocks

05:10 EST Tencent Music, Universal Music Group extend multi-year strategic licensing pact - Tencent Music (TME) and Universal Music Group (UMGNF) announced the renewal of a multi-year strategic licensing agreement, fortifying their shared commitment to creating value for artists and exceptional experiences for music lovers. Under the agreement, TME continues to have access to UMG's music catalogue for QQ Music, Kugou Music, Kuwo Music, and WeSing. The partnership includes music streaming in Dolby Atmos and high-definition formats.
CTSH

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05:05 EST Cognizant signs application development, support services pact with Cambridge - Cambridge University Press & Assessment has signed a multi-year contract with Cognizant with the goal of improving operational effectiveness, maintaining exam results integrity and staying competitive in the evolving education sector. Under the agreement, Cognizant will continue to provide application development and support services to Cambridge.