Stockwinners Market Radar for March 18, 2024 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

CERS

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20:17 EDT Cathie Wood's ARK Investment bought 278K shares of Cerus today
MRNA

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20:16 EDT Cathie Wood's ARK Investment bought 151K shares of Moderna today
U

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20:15 EDT Cathie Wood's ARK Investment bought 226K shares of Unity today
SBUX

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20:00 EDT Starbucks announces new geographic-based leadership structure - Starbucks "announced it will be making several leadership changes, creating a clear geographic leadership structure, supported by global functions with deep functional expertise and the ability to drive impact on a global scale. These changes will go into effect April 1. Michael Conway will take on a newly created role of ceo, North America. Conway has been a Starbucks partner since 2013, is widely respected, and is most currently serving as group president, International and Channel Development. His deep experience in strategic planning and operational excellence, as well as his efforts to support building our brand and culture around the world make him well positioned for this new role. Given the vital nature of her role, Sara Trilling will remain executive vice president and president, North America, focused on enhancing the retail partner experience while growing the North America store portfolio and our North America licensed store business, reporting to Conway. Trilling remains a member of Narasimhan's executive leadership team. Three out of four of the company's new store openings are planned for outside the U.S., and Starbucks intends to grow to 55,000 stores globally as part of the company's strategic plan. With that context, additional regional leaders will include: Brady Brewer will assume the role of ceo, Starbucks International with oversight of the teams across Asia Pacific, EMEA, Japan and LAC, as well as the company's international licensed partners. Over his more than 20 years with Starbucks, Brewer has served in several global, regional and market-specific roles with the company around the world, including as senior vice president in Starbucks Asia Pacific, as chief operating officer of Starbucks Japan, and most recently as evp, chief marketing officer. Belinda Wong, chairwoman and co-ceo and Molly Liu, co-ceo will both continue to lead Starbucks China team, reporting to Narasimhan, as was previously the case. With these appointments, the company will not replace the global chief marketing position most recently occupied by Brewer. Rather, each geographic ceo will have regional marketing support while Narasimhan announced two new global positions: Lyne Castonguay will join Starbucks in the newly created position of evp, chief merchant and product officer, reporting to Narasimhan. Castonguay will oversee a newly created global function focused on global product strategy, developing new products and growth platforms. She will lead both our Global Channel Development team and Siren Retail. Starbucks is an iconic global brand. Throughout its history, the brand has always nurtured the limitless possibilities of human connection- and intends to continue to do so in the future. To that end, the brand's platforms of collaboration in the creative arts, design, architecture, fashion, publishing and music will continue to shape culture while elevating human connection. Starbucks intends to soon appoint a global brand creative leader, reporting to Narasimhan." Reference Link
SOUN

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19:55 EDT SoundHound up 8% afterhours at $8.89 after disclosing Nvidia collaboration
SOUN NVDA

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19:51 EDT SoundHound to offer on-chip voice AI with Nvidia - SoundHound AI (SOUN) "announced an innovative in-vehicle voice assistant that uses a large language model completely on the edge while running on the NVIDIA (NVDA) DRIVE platform. This marks a new chapter for generative AI, proving that the powerful technology can still deliver optimal results in the absence of cloud connectivity. SoundHound's work with NVIDIA will allow it to significantly expand the number of places and situations that generative AI can be deployed. NVIDIA DRIVE will enable SoundHound Chat AI - a breakthrough in-vehicle voice platform that combines both real-time and generative AI capabilities - to provide responses even when there is no connectivity. Among a range of use cases, the new solution will let drivers access SoundHound Vehicle Intelligence, a product that instantly delivers information directly from the car manual and other relevant data sources using natural speech."
DELL NVDA

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19:50 EDT Dell Technologies to strengthen Nvidia collaboration - The company states: "Dell Technologies (DELL) is strengthening its collaboration with NVIDIA (NVDA) to help enterprises adopt AI technologies. By expanding the Dell Generative AI Solutions portfolio, including with the new Dell AI Factory with NVIDIA, organizations can accelerate integration of their data, AI tools and on-premises infrastructure to maximize their generative AI investments. Through close collaboration between Dell and NVIDIA, additions to the end-to-end Dell Generative AI Solutions portfolio helps customers modernize with AI, accelerate business transformation and boost productivity: Dell AI Factory with NVIDIA is the industry's first end-to-end AI enterprise solution integrating Dell's compute, storage, client device, software and services capabilities with NVIDIA's advanced AI infrastructure and software suite, all underpinned by a high-speed networking fabric. Delivered as a fully integrated solution, Dell AI Factory with NVIDIA takes advantage of rack-level design, with rigorous testing and validation to deliver a seamless solution for transforming data into valuable insights and outcomes. This solution also leverages existing offerings in enterprise data security with accompanying Dell services offerings in security and privacy. The Dell AI Factory with NVIDIA supports a wide array of AI use cases and applications to support the entire GenAI lifecycle, from model creation and tuning, to augmentation and inferencing. Customers can also take advantage of enterprise-grade professional services that help organizations accelerate their strategy, data preparation, implementation and adoption of the AI Factory, advancing AI capabilities. The Dell AI Factory with NVIDIA is available via traditional channels and Dell APEX. Dell Technologies will collaborate with NVIDIA to introduce a rack scale, high-density, liquid-cooled architecture based on the NVIDIA Grace Blackwell Superchip. These systems will support the next-generation ecosystem aiming to provide the foundation for improvements in performance density for enterprise AI workloads. Dell PowerEdge XE9680 servers will support new NVIDIA GPU models, including the NVIDIA B200 Tensor Core GPU, expected to offer up to 15 times higher AI inference performance and lower total cost of ownership.2 Dell PowerEdge servers will also support other NVIDIA Blackwell architecture-based GPUs as well as H200 Tensor Core GPUs and NVIDIA Quantum-2 InfiniBand and Spectrum-X Ethernet networking platforms."
YY

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19:04 EDT Joyy up 2% at $34.00 after Q4 earnings beat, above-consensus guidance
CSL

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18:49 EDT Carlisle to acquire MTL Holdings for $410M in cash - Carlisle Companies announced that it has entered into a definitive agreement to acquire MTL Holdings from GreyLion Partners, a U.S. private equity firm. MTL is a provider of pre-fabricated edge metal for commercial roofing systems. Under the terms of the agreement, Carlisle will purchase MTL for $410M in cash. The purchase price represents 8.7x on MTL's adjusted EBITDA for the twelve months ending February 29, 2024, inclusive of run-rate cost synergies and net of the $43M tax step up benefit provided by the transaction. The acquisition is expected to generate cost synergies of approximately $13M within the first three years, and be approximately 60c accretive to adjusted EPS in the first full fiscal year. The acquisition, which is subject to customary closing conditions, is expected to close in the second quarter of 2024.
FINV

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18:41 EDT FinVolution announces 10.2% increase in year-end dividend to 23.7c per ADS - FinVolution Group announced that its board of directors has approved a cash dividend of 23.7c per American Depositary Share for fiscal year 2023. The dividend is expected to be distributed on or around May 7 to shareholders of record as of the close of business on April 16.
NXPI NVDA

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18:41 EDT NXP Semiconductors collaborates with Nvidia to accelerate AI deployment - The company stated: "At NVIDIA GTC, NXP Semiconductors (NXPI) announced a collaboration with NVIDIA (NVDA) that enables NVIDIA's trained AI models to be deployed on NXP's broad portfolio of edge processing devices through the eIQ machine learning development environment. This exciting enablement offers developers the ability to accelerate development in the increasingly competitive world of AI, made possible by the functional integration of the NVIDIA TAO Toolkit into the NXP's eIQ machine learning development environment. NXP is the first semiconductor vendor to integrate the NVIDIA TAO APIs directly within an AI enablement offering to make it easier for developers to deploy trained AI models at the edge. Simplifying the training and deployment of AI models is one of the biggest challenges facing today's AI developers. To address this challenge, NXP collaborated with NVIDIA to integrate the NVIDIA TAO APIs directly within NXP's eIQ machine learning development environment. The NVIDIA TAO low-code AI framework makes it easier to leverage trained AI models and fine tune them for specific uses with transfer learning, while NXP's eIQ development environment eases the deployment of these models to the edge through a combination of software, inference engines, neural network compilers and optimized libraries. As a result of this integration, customers benefit from accelerated AI development, access to a library of pre-tested AI models, and the ability to deploy them on NXP's wide portfolio of edge processors."
PGTI

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18:39 EDT PGT Innovations stockholders approve proposed merger with Miter Brands - PGT Innovations "announced that its stockholders voted to approve the definitive merger agreement with MIWD Holding Company LLC and an amendment to the Amended and Restated Certificate of Incorporation of the Company at a special meeting of the Company's stockholders. As previously announced, under the terms of the definitive merger agreement, MITER Brands will acquire all of the outstanding shares of PGTI common stock for $42.00 per share in cash. The transaction will be financed in part by an equity investment from an affiliate of Koch Equity Development LLC, the principal investment and acquisition arm of Koch Industries, Inc., that is a current investor in MITER Brands."
SMCI NVDA

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18:38 EDT Supermicro launches three Nvidia based generative AI SuperClusters - Supermicro is announcing its latest portfolio to accelerate the deployment of generative AI. The Supermicro SuperCluster solutions provide foundational building blocks for the present and the future of large language model infrastructure. The three powerful Supermicro SuperCluster solutions are now available for generative AI workloads. The 4U liquid-cooled systems or 8U air-cooled systems are purpose-built and designed for powerful LLM training performance, as well as large batch size and high-volume LLM inference. A third SuperCluster, with 1U air-cooled Supermicro NVIDIA MGX(TM) systems, is optimized for cloud-scale inference.
SMCI NVDA

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18:35 EDT Supermicro grows AI optimized product portfolio featuring new Nvidia solutions - Supermicro (SMCI) is announcing new AI systems for large-scale generative AI featuring NVIDIA's (NVDA) next-generation of data center products, including the latest NVIDIA GB200 Grace Blackwell Superchip, the NVIDIA B200 Tensor Core and B100 Tensor Core GPUs. Supermicro is enhancing its current NVIDIA HGX(TM) H100/H200 8-GPU systems to be drop-in ready for the NVIDIA HGX(TM) B100 8-GPU and enhanced to support the B200, resulting in a reduced time to delivery. Additionally, Supermicro will further strengthen its broad NVIDIA MGX(TM) systems lineup with new offerings featuring the NVIDIA GB200, including the NVIDIA GB200 NVL72, a complete rack level solution with 72 NVIDIA Blackwell GPUs. Supermicro is also adding new systems to its lineup, including the 4U NVIDIA HGX B200 8-GPU liquid-cooled system.
GEHC NVDA

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18:33 EDT GE HealthCare accelerates AI innovation with models powered by Nvidia - The company states: "Building on a long-term artificial intelligence collaboration, GE HealthCare (GEHC) used NVIDIA (NVDA) technology to develop its recent research model SonoSAMTrack1, which combines a promptable foundation model for segmenting objects on ultrasound images called SonoSAM1. SonoSAMTrack focuses on segmenting anatomies, lesions, and other essential areas in ultrasound images. SonoSAMLite is a streamlined version of SonoSAMTrack. In healthcare, leveraging AI to enhance patient care, streamline operational efficiencies, and make informed decisions has become increasingly important. Traditionally, the approach to integrating AI into healthcare systems required the retraining of models to accommodate the unique requirements of different patient populations and hospital settings. This conventional method can lead to heightened costs, complexity, and the need for specialized personnel, therefore hindering the broad adoption of AI technologies in healthcare domains. Foundation models have risen to prominence due to their ability to operate as human-in-the-loop AI systems, garnering significant attention. Foundation and generative AI models could play a crucial role by enabling swift adaptation to various diseases, facilitating screening, early detection, tracking progression, and identifying non-invasive biomarkers with minimal training requirements, such as zero-shot or few-shot settings. In a recent study conducted by GE HealthCare, its research project, SonoSAMTrack, showcased high performance across seven ultrasound datasets, encompassing a wide range of anatomies (adult heart and fetal head) and pathologies (breast lesions and musculoskeletal pathologies), as well as different scanning devices. Notably, it outperformed competing methods by a substantial margin. In addition, SonoSamTrack exhibited enhanced performance metrics in terms of speed and efficiency, requiring only 2-6 clicks for precise segmentation, thus minimizing user input2. This achievement was made possible through distillation and quantization techniques, utilizing the NVIDIA TensorRT software development kit and other capabilities for quantization-aware training."
NVDA GOOG

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18:31 EDT Google Cloud, Nvidia expand partnership to scale AI development - Google (GOOG) Cloud and NVIDIA (NVDA) "announced a deepened partnership to enable the machine learning community with technology that accelerates their efforts to easily build, scale and manage generative AI applications. To continue bringing AI breakthroughs to its products and developers, Google announced its adoption of the new NVIDIA Grace Blackwell AI computing platform, as well as the NVIDIA DGX Cloud service on Google Cloud. Additionally, the NVIDIA H100-powered DGX Cloud platform is now generally available on Google Cloud. Building on their recent collaboration to optimize the Gemma family of open models, Google also will adopt NVIDIA NIM inference microservices to provide developers with an open, flexible platform to train and deploy using their preferred tools and frameworks. The companies also announced support for JAX on NVIDIA GPUs and Vertex AI instances powered by NVIDIA H100 and L4 Tensor Core GPUs."
ANSS NVDA

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18:29 EDT Ansys to partner with Nvidia on next-gen simulation solutions - Ansys (ANSS) "announced a collaboration with NVIDIA (NVDA) to develop next-generation simulation solutions powered by accelerated computing and generative AI. The expanded collaboration will fuse cutting-edge technologies to advance 6G technologies, supercharge Ansys solvers via NVIDIA GPUs, integrate NVIDIA AI into Ansys software offerings, develop physics-based digital twins, and customize large language models developed with NVIDIA AI foundry services. Ansys recently joined the AOUSD to strengthen data interoperability and deliver enhanced graphics and visual rendering to its portfolio. Ansys has already connected Ansys AVxcelerate Autonomy to NVIDIA DRIVE Sim powered by the NVIDIA Omniverse platform, and plans to investigate additional integrations across the portfolio, including Ansys STK, Ansys LS-DYNA(TM), Ansys Fluent(TM), and Ansys Perceive EM. This seamless interoperability will empower users to tackle a wide range of challenges, from factory-level to planetary-level simulations."
SPIR

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18:27 EDT Spire Global jumps 6% to $13.01 after announcing Nvidia collaboration
SPIR NVDA

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18:26 EDT Spire Global to enhance AI-driven weather prediction in pact with with Nvidia - The company states: "Spire Global (SPIR) has announced a collaboration with NVIDIA (NVDA) to advance AI-driven weather prediction. Through this collaboration, Spire's Radio Occultation data and proprietary data assimilation capabilities will be integrated with NVIDIA Earth-2 Cloud APIs to leverage AI to accelerate climate and weather predictions. The field of weather prediction is changing rapidly due to advances in AI. Spire's multipurpose constellation of satellites, utilizing RO technology, offers unmatched global coverage of precise vertical profiles of temperature, pressure, and humidity across the globe, including under-observed areas and remote regions. By combining this dataset and Spire's proprietary DA analyses with NVIDIA's advanced AI platforms and APIs, this collaboration aims to usher in a new era of accuracy in weather forecasting. Through this collaboration, Spire aims to deliver differentiated forecast products that are computationally infeasible using traditional NWP models. This includes rapidly updating global forecasts extending into the sub-seasonal timeframe, large ensemble systems capturing the entire range of possible weather outcomes, and generative AI downscaling models resolving fine forecast details over local areas. These capabilities will enhance Spire's core products, such as the DeepVision(TM) weather risk mitigation platform, maritime route optimization, and renewable energy power forecasts. The Company will provide its customers in various sectors, including energy, commodity hedging and trading, maritime, aviation, supply-chain, insurance, transportation, defense and more, with lower latency, extended lead times and heightened forecast accuracy."
KEY BX

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18:22 EDT KeyCorp, Blackstone Credit announce forward flow origination partnership - The company states: "KeyCorp (KEY) announced a forward flow origination partnership with Blackstone (BX) Credit & Insurance focused on Key's Specialty Finance Lending group. SFL is a leading asset-based lender serving clients nationally across middle market, growth capital, transportation, equipment, and other verticals. In connection with the partnership, Blackstone and Key closed a transaction on a seed portfolio of middle market fund finance facilities. Key will continue to originate, hold, and provide asset management services for new commitments across all sectors."
PLD

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18:22 EDT Prologis CEO: We think demand is normalizing - In an interview on CNBC's Mad Money, Hamid Moghadam said the company has a lot of control over its growth in the coming years. He expects $8B-10B in data center development in the next five years. The companies Prologis competes with are having a hard time getting construction loans, he noted.
SNPS NVDA

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18:20 EDT Synopsys showcases EDA performance, next-gen capabilities with Nvidia computing - The company states: "Building on more than three decades of collaboration, Synopsys (SNPS) announced it is working with NVIDIA (NVDA) to substantially accelerate chip design and advance automotive prototyping using the power of AI and accelerated computing. The announcement was made at the NVIDIA GTC global AI conference. Synopsys is applying NVIDIA accelerated compute architectures, including the NVIDIA GH200 Grace Hopper Superchip, to achieve significant, projected runtime gains of up to 15X compared to current methods, across the full EDA stack spanning design, verification, simulation and manufacturing. Synopsys is extending its Synopsys.ai LLM-based capabilities, beginning with Synopsys.ai Copilot, to support NVIDIA AI and compute platforms, giving customers more flexibility to customize their data sets and enable air-gapped on-prem deployment. Synopsys.ai Copilot is an industry-first generative AI capability that is designed to help engineering teams accelerate time to market and address systemic complexity through the power of conversational intelligence. Synopsys will utilize the NVIDIA AI Enterprise software platform, which includes NVIDIA NeMo(TM) framework, and NVIDIA NIM inference and NeMo Retriever microservices deployment containers. Synopsys customers will be able to deploy Synopsys.ai Copilot on air-gapped on-prem environments, leveraging the accelerated computing performance of NVIDIA DGX systems. The Synopys.ai Copilot capability is currently available for early-access trials. The automotive industry is being transformed by digitalization and accelerated computing. Automotive design teams are now building and validating their products in the digital world before manufacturing them in the real world. Synopsys is collaborating with NVIDIA to integrate Synopsys' leading electronics digital twin solutions with the NVIDIA Omniverse(TM) platform to reduce costs and time to market and improve the safety of software-defined and increasingly autonomous vehicles. Synopsys systems software, virtual ECU and electronics digital twin fabric will be connected with Omniverse, a development platform for building interoperable 3D applications for industrial workloads. Synopsys' virtual prototyping solutions provide automotive engineering teams with a digital twin of the electronic system of the car to enable the development, testing and validation of the car's software and electronic systems. Omniverse delivers physically based visualization and simulation of environmental factors."
PSTG NVDA

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18:18 EDT Pure Storage accelerates Enterprise AI adoption - Pure Storage (PSTG) "announced new validated reference architectures for running generative AI use cases, including a new NVIDIA (NVDA) OVX-ready validated reference architecture. As a leader in AI, Pure Storage, in collaboration with NVIDIA, is arming global customers with a proven framework to manage the high-performance data and compute requirements they need to drive successful AI deployments."
NOW NVDA

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18:13 EDT ServiceNow expands Nvidia partnership - ServiceNow (NOW) "announced an expansion of its partnership with NVIDIA (NVDA) to advance the use of enterprise-grade generative AI. ServiceNow is one of the first platform providers to access NVIDIA NIM inference microservices, enabling faster, scalable and more cost-effective large language model development and deployment. Announced today by NVIDIA at GTC, NIM are part of new, enterprise-grade GenAI microservices created to optimize inference in LLMs. ServiceNow is using NIM to serve its Now LLMs - domain specific LLMs that power capabilities within Now Assist, ServiceNow's generative AI experience. The NIM-deployed Now LLMs will allow ServiceNow customers to scale generative AI across new use cases."
CRWD NVDA

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18:12 EDT Crowdstrike collaborates with Nvidia to advance cybersecurity - CrowdStrike (CRWD) "announced a strategic collaboration with NVIDIA (NVDA) to deliver NVIDIA's AI computing services on the industry-leading AI-native CrowdStrike Falcon(R) XDR platform. Combining Falcon platform data with NVIDIA's GPU-optimized AI pipelines and software, including new NVIDIA NIM microservices, puts custom and secure generative AI model creation in the hands of CrowdStrike and NVIDIA customers. According to the 2024 CrowdStrike Global Threat Report, the average breakout time is now down to 62 minutes, with the fastest recorded attack being just over two minutes. As modern attacks grow faster and more sophisticated, organizations need AI-powered security to gain the organizational speed and automation required to stay protected and stop breaches."
VRT NVDA

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18:11 EDT Vertiv Holdings joins NVIDIA Partner Network - Vertiv (VRT) announces it is now a Solution Advisor: Consultant partner in the NVIDIA (NVDA) Partner Network, or NPN, providing wider access to Vertiv's experience and full portfolio of power and cooling solutions. NPN is a global program for technology partners who offer solutions built on or powered by NVIDIA technologies. Among leading software vendors, cloud service providers, solution providers, and system integrators, Vertiv joins the network to offer its expertise in addressing the unique infrastructure challenges presented by accelerated computing. NPN provides access to a range of benefits, including technical support, training, and collaboration opportunities, helping partners deliver innovative solutions to their customers.
NVDA CDNS

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18:09 EDT Cadence Design announces expansion of multi-year collaboration with Nvidia - The company states: "Cadence Design Systems (CDNS) announced an expansion of its multi-year collaboration with NVIDIA (NVDA) across EDA, system design and analysis, digital biology and AI with the unveiling of two transformative solutions to reinvent design using accelerated computing and generative AI. First, the new Cadence(R) Reality Digital Twin Platform is the industry's pioneering comprehensive digital twin solution to facilitate speed-of-light acceleration of the design, simulation and optimization of data centers across multiple industries. The platform virtualizes the entire data center and uses AI, high-performance computing and physics-based simulation to significantly improve data center energy efficiency by up to 30%. The Cadence Reality platform's integration with NVIDIA Omniverse brings OpenUSD data interoperability and physically based rendering to the digital twin solution-helping accelerate data center design and simulation workflows by 30X. Second, the companies are collaborating on generative AI to dramatically accelerate approaches to drug discovery. Cadence's cloud-native molecular design platform Orion will now be supercharged with NVIDIA's generative AI tool, NVIDIA BioNeMo, and NVIDIA microservices for drug discovery to broaden therapeutic design capabilities and shorten time to trusted results. The collaboration brings together decades of expertise in scientific software and accelerated computing from the two companies to deliver transformative approaches to drug discovery. Accelerated by on-demand GPU access at an unprecedented scale, pharmaceutical companies can quickly and reliably generate and assess design hypotheses across a range of therapeutic modalities, including biologics, peptides and small molecules."
NVDA HPE

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18:06 EDT HP Enterprise announces updates to AI-native portfolios - Today at NVIDIA GTC, Hewlett Packard Enterprise (HPE) "announced updates to one of the industry's most comprehensive AI-native portfolios to advance the operationalization of generative AI (GenAI), deep learning, and machine learning applications. The updates include: Availability of two HPE and NVIDIA co-engineered full-stack GenAI solutions. A preview of HPE Machine Learning Inference Software. An enterprise retrieval-augmented generation (RAG) reference architecture. Support to develop future products based on the new NVIDIA Blackwell platform."
NVDA ROK

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18:04 EDT Rockwell Automation to increase scope of AI in manufacturing with Nvidia - Rockwell Automation (ROK) "announced it is collaborating with NVIDIA (NVDA) to accelerate a next-generation industrial architecture. Manufacturing is a $15-trillion global industry that touches everything humans need to survive and thrive-from clean water to food, life-saving drugs and therapies, sustainable energy, mobility, and more. Rockwell plans to evolve the industry by creating the factory of the future, making it easier for automation customers to digitalize industrial processes. Factories of the future will be characterized by enhanced sensing capabilities with machine vision, accelerated compute capability in control systems, advanced simulations equipped with learning agents, widespread adoption of autonomous mobile robots and generative AI experiences to enhance information retrieval for frontline operators."
GNTY

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17:24 EDT Guaranty Bancshares announces 1.25M share repurchase program - In a regulatory filing, the company stated, "On March 13, 2024, the Board of Directors of Guaranty Bancshares, Inc. approved a new stock repurchase program, which authorizes Guaranty to repurchase up to 1,250,000 shares of Guaranty's outstanding common stock from time to time, subject to certain conditions. This is an increase from the 1,000,000 shares that were authorized for repurchase in April of 2022, which expires on April 21, 2024. The new stock repurchase program will be effective upon expiration of the current program on April 21, 2024 until the earlier of April 21, 2026 or the date all shares authorized for repurchase under the program have been repurchased, unless shortened or extended by the board of directors. The stock repurchase program does not obligate Guaranty to repurchase any specified number of shares of its common stock."
DCTH

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17:21 EDT Delcath Systems names Martha Rook as COO - Delcath Systems is pleased to announce the appointment of Martha Rook as its new COO. She joins Delcath from insitro where she served as a Chief Technical Operations Officer and was responsible for core research services, facilities and laboratory operations, quality and project and portfolio management.
CC

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17:17 EDT Chemours receives NYSE notice of non-compliance - On March 18, The Chemours Company received notice from the New York Stock Exchange that the company is not in compliance with Section 802.01E of the NYSE Listed Company Manual due to a delay in filing its Annual Report on Form 10-K for the year ended December 31, 2023, with the SEC. The NYSE informed the company that, under the NYSE's rules, the company will have six months from March 15, 2024 to file the Form 10-K with the SEC. The company can regain compliance with the NYSE listing standards by filing the Form 10-K with the SEC before such date.
MSFT NVDA

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17:16 EDT Microsoft and Nvidia announce integrations to acccelerate gen-AI for enterprises - The companies announce: "At GTC on Monday, Microsoft Corp. (MSFT) and NVIDIA (NVDA) expanded their longstanding collaboration with powerful new integrations that leverage the latest NVIDIA generative AI and Omniverse technologies across Microsoft Azure, Azure AI services, Microsoft Fabric and Microsoft 365. Microsoft will be one of the first organizations to bring the power of NVIDIA Grace Blackwell GB200 and advanced NVIDIA Quantum-X800 InfiniBand networking to Azure, deliver cutting-edge trillion-parameter foundation models for natural language processing, computer vision, speech recognition and more. Microsoft is also announcing the general availability of its Azure NC H100 v5 VM virtual machine based on the NVIDIA H100 NVL platform. Designed for midrange training and inferencing, the NC series of virtual machines offers customers two classes of VMs from one to two NVIDIA H100 94GB PCIe Tensor Core GPUs and supports NVIDIA Multi-Instance GPU (MIG) technology, which allows customers to partition each GPU into up to seven instances, providing flexibility and scalability for diverse AI workloads. Microsoft is expanding its collaboration with NVIDIA to transform healthcare and life sciences through the integration of cloud, AI and supercomputing technologies. By harnessing the power of Microsoft Azure alongside NVIDIA DGX Cloud and the NVIDIA Clara suite of microservices, healthcare providers, pharmaceutical and biotechnology companies, and medical device developers will soon be able to innovate rapidly across clinical research and care delivery with improved efficiency. Industry leaders such as Sanofi and the Broad Institute of MIT and Harvard, industry ISVs such as Flywheel and SOPHiA GENETICS, academic medical centers like the University of Wisconsin School of Medicine and Public Health, and health systems like Mass General Brigham are already leveraging cloud computing and AI to drive transformative changes in healthcare and to enhance patient care. NVIDIA Omniverse Cloud APIs will be available first on Microsoft Azure later this year, enabling developers to bring increased data interoperability collaboration, and physics-based visualization to existing software applications. At NVIDIA GTC, Microsoft is demonstrating a preview of what is possible using Omniverse Cloud APIs on Microsoft Azure. Using an interactive 3D viewer in Microsoft Power BI, factory operators can see real-time factory data overlaid on a 3D digital twin of their facility to gain new insights that can speed up production."
AMZN NVDA

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17:14 EDT AWS, Nvidia: New NVIDIA Blackwell GPU platform coming to AWS - Amazon Web Services (AWS), an Amazon.com company (AMZN), and NVIDIA (NVDA) announced that the new NVIDIA Blackwell GPU platform-unveiled by NVIDIA at GTC 2024-is coming to AWS. AWS will offer the NVIDIA GB200 Grace Blackwell Superchip and B100 Tensor Core GPUs, extending the companies' longstanding strategic collaboration to deliver the most secure and advanced infrastructure, software, and services to help customers unlock new generative artificial intelligence capabilities.
EXLS

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17:13 EDT ExlService announces $125M accelerated share repurchase program - EXL "announced that, as part of its capital allocation program, it has entered into an accelerated share repurchase agreement with Citibank, N.A. to repurchase $125 million of the company's common stock."
LGO

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17:12 EDT Largo Inc. announces proposed JV with Stryten Energy - Largo Inc. is pleased to announce the signing of a non-binding letter of intent with Stryten Energy to establish a 50:50 joint venture that would combine the company's wholly owned subsidiary, Largo Clean Energy Corp. with Stryten's vanadium redox flow battery business. This announcement comes in concert with Enel Green Power Espana and LCE's go-live of a 5.5-megawatt hour VRFB in Spain, the deployment of one of the largest utility scale vanadium system in Europe. The combination of the parties' decades of VRFB technology expertise, access to raw vanadium supplies from friendly sources, and high-volume electrolyte production capabilities is expected to transform the long-duration energy storage sector in North America.
AAOI

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17:09 EDT Applied Optoelectronics director buys $398K in common stock - In a regulatory filing, Applied Optoelectronics disclosed that its director Che-Wei Lin bought 31.4K shares of common stock on March 18th in a total transaction size of $398K.
KLAC

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17:04 EDT KLA Corp. to exit flat panel display business - In a regulatory 8-K filing, the company stated: KLA Corporation has made the strategic decision to exit the Company's flat panel display, or FPD, business that is part of its PCB, Display and Component Inspection reporting segment. The Company expects to complete the exit through end of manufacturing of FPD products by December 31, 2024. The Company will continue to provide services to the installed base for the discontinued product lines. The decision is based on multiple factors, including the cancellation of a significant new technology project by a major customer, and represents the culmination of our decision to investigate alternatives for our FPD business that was disclosed in our letter to shareholders and quarterly report on Form 10-Q for the quarter ended December 31, 2023. The FPD business accounted for 1.4% of the Company's total revenue in calendar year 2023."
QTI

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17:01 EDT QT Imaging names Raluca Dinu as acting CEO, Anastas Budagov as CFO - QT Imaging "announced that the Board of Directors has appointed former GigCapital5, Inc. CEO Dr. Raluca Dinu as Active Chief Executive Officer and member of the Board of Directors, effective March 12, 2024. Dr. Dinu will serve in this position for one year, when the Company will reevaluate this strategic position. Dr. John Klock will step down as Chief Executive Officer, but will remain part of the Board of Directors, transitioning to serve as a Company advisor. As previously announced, Anastas Budagov will take the position of Chief Financial Officer. Dr. Dinu served as a senior executive in small and large size public companies, has a global, operationally focused business background, public company governance experience, delivered strong results in turnaround and M&A situations, lead strategic growth, and consolidation in fast-paced business environments."
BKKT

Hot Stocks

16:52 EDT Bakkt announces Andy Main to succeed Gavin Michael as CEO - Bakkt Holdings announced that Andy Main has been appointed President and CEO, effective March 26. He will succeed Gavin Michael, who is stepping down to pursue other opportunities. Michael will serve in an advisory role through March 2025 to assist in the leadership transition and advise the Board and executive team on strategic matters. Andy Main has served on Bakkt's Board of Directors since its public listing in 2021 and is deeply familiar with Bakkt's business, having advised and mentored the marketing and sales organizations over the last year.
IVA

Hot Stocks

16:51 EDT Inventiva announces LEGEND trial meets primary endpoint - Inventiva announced results of its interim analysis of the Phase II, Proof-of-Concept clinical trial, LEGEND, evaluating lanifibranor in combination with empagliflozin in patients with MASH/NASH and poorly controlled Type 2 Diabetes, or T2D. The LEGEND trial has been designed as a multi-center, randomized, 24-week treatment, placebo-controlled Phase II proof-of-concept trial to assess the safety and efficacy of lanifibranor in combination with the SGLT2 inhibitor empagliflozin for the treatment of patients with non-cirrhotic MASH/NASH and T2D. The trial is double-blind for the placebo arm and lanifibranor arm, and open-label for the combination of lanifibranor and empagliflozin arm. The diagnosis of non-cirrhotic MASH/NASH was based on historic histology evaluation or a combination of non-invasive methods including diagnostic methods including imaging. As planned per protocol, the interim analysis was done once half of the 63 planned randomized patients with MASH completed the 24-week treatment period or prematurely discontinued from treatment. The study achieved the primary efficacy endpoint with an absolute reduction in Hemoglobin A1c of 1.14% and 1.59% in patients with MASH and T2D treated with lanifibranor or in combination with empagliflozin at week 24 compared to an increase of 0.26% observed in the placebo arm.The study also demonstrated a statistically significant reduction in hepatic steatosis measured by MRI-PDFF1, in patients treated with lanifibranor alone and in combination with empagliflozin, 47% and 38% respectively, compared to placebo. Overall, 83% and 67% of patients treated with lanifibranor alone or in combination with empagliflozin respectively, showed a reduction greater or equal to 30% of their hepatic fat, compared to 0% in the placebo arm. In addition, the study demonstrated a statistically significant effect on several secondary and exploratory endpoints, including liver enzymes and aspartate aminotransferase , insulin resistance, HDL and adiponectin. Markers of liver inflammation and fibrosis were assessed for the first time with lanifibranor and showed a significant effect with lanifibranor alone and in combination with empagliflozin. The study also demonstrated that patients treated with lanifibranor in combination with empagliflozin maintained a stable weight throughout the 24 weeks study, addressing the moderate, metabolically healthy, weight gain that can be observed in some patients treated with lanifibranor alone. Furthermore, these results demonstrated a significant relative reduction in the VAT/SAT ratio in patients treated with lanifibranor alone or in combination with empagliflozin, down 5% and 17% respectively, compared to an increase of 11% in patients under placebo. This result reflects a shift from pro-inflammatory visceral fat towards metabolically healthy adipose tissue. The treatment with lanifibranor 800mg/daily alone and in combination with empagliflozin 10mg/daily for 24 weeks appears to be well tolerated, with no safety concerns reported. Given that the primary endpoint of LEGEND was met, and statistically significant results were achieved on several key additional markers, the company has decided to stop the recruitment as defined per protocol. More details on these results are expected to be presented in upcoming scientific conferences and submitted for publication.
RBA TGT

Hot Stocks

16:47 EDT RB Global appoints Nancy King as chief technology officer - RB Global (RBA) announced the appointment of Nancy King as chief technology officer, effective June 3. King brings information technology leadership experience in Fortune 100 organizations. Most recently, she served as the senior VP of product engineering at Target (TGT), driving the overall vision, strategy and talent development for product engineering.
DLO...

Hot Stocks

16:47 EDT DLocal drops almost 20% after reporting Q4 financial results - Shares of global payment processing platform DLocal (DLO) were down almost 20% in after-hours trading on Monday after the company reported financial results for the quarter... Pedro Arnt, CEO of dLocal said: "Looking ahead, I am even more excited for what's to come. For 2024 we expect TPV growth of 40% to 50%, surpassing $26B of TPV at the midpoint. We see gross profit between $320 and US$360M and Adjusted EBITDA between US$220 and US$260m. We are committed to running a financial model that combines robust mid-term gross profit growth with an EBITDA margin that is among the best in our comparables. Therefore, we are re-affirming our mid-term guidance of 25%-35% gross profit CAGR and Adjusted EBITDA to gross profit of 75%+. The trajectory towards that mid-term guidance comes in for 2024 at around 70% Adjusted EBITDA over gross profit as we continue investing and tightening the foundations for long-term growth by further strengthening the dLocal team, with particular emphasis on our engineering talent pool; further upgrading back office capabilities and continuing to invest behind our license portfolio throughout emerging markets. The combination of these actions will further widen our moat and continue to position DLO as the go-to payments platform to serve emerging markets. As we look beyond 2024, we believe that as we conclude our short-term investment cycle, we will start to see the operational leverage inherent to our business kick in. We steer our business for decades, not quarters. We continue to have a high conviction in our massive opportunity. Other listed companies in the space include: PayPal (PYPL), Block (SQ), SoFi Technologies (SOFI) and Visa (V).
ARVN

Hot Stocks

16:46 EDT Arvinas names Noah Berkowitz as Chief Medical Officer - Arvinas "announced the appointment of Noah Berkowitz, M.D., Ph.D., to the role of Chief Medical Officer and a member of the Executive Committee reporting to President and Chief Executive Officer John Houston, Ph.D. Effective today, Dr. Berkowitz will lead the ongoing clinical development of Arvinas' PROTAC(R) protein degrader programs in oncology and neuroscience."
CMTL

Hot Stocks

16:45 EDT Comtech down 8% at $4.25 after Q2 results, guidance
CMTL

Hot Stocks

16:45 EDT Comtech sees FY24 revenue, adusted EBITDA 'better than FY23' - The company states: "We continue to implement many important lean initiatives and process improvement activities anticipated to drive sustainable, profitable growth in our business. Several of these actions have already contributed to our improved financial performance, affording us the opportunity to report our third consecutive fiscal quarter of positive GAAP operating income since fiscal 2021. As we enter the third quarter of fiscal 2024, as described in more detail in our Q2 FY24 Form 10-Q, business conditions continue to be challenging, and the operating environment is largely unpredictable. Nevertheless, despite these business conditions and resulting challenges and although we anticipate some variability from time to time as we move through our One Comtech transformational change, we are targeting net sales and Adjusted EBITDA* for fiscal year 2024 to be better than fiscal 2023."
NVDA

Hot Stocks

16:42 EDT Nvidia announces new X800 series of networking switches - Nvidia announced a new wave of networking switches, the X800 series, designed for massive-scale AI. The world's first networking platforms capable of end-to-end 800Gb/s throughput, Nvidia Quantum-X800 InfiniBand and Nvidia Spectrum-X800 Ethernet "push the boundaries" of networking performance for computing and AI workloads. They feature software that further accelerates AI, cloud, data processing and HPC applications in every type of data center, including those that incorporate the newly released Nvidia Blackwell architecture-based product lineup. Initial adopters of Quantum InfiniBand and Spectrum-X Ethernet include Microsoft Azure and Oracle Cloud Infrastructure. Coreweave is also among early adopters. Next year, Quantum-X800 and Spectrum-X800 will be available from a wide range of leading infrastructure and system vendors around the world, including Aivres, DDN, Dell Technologies, Eviden, Hitachi Vantara, Hewlett Packard Enterprise, Lenovo, Supermicro and VAST Data.
NVDA

Hot Stocks

16:39 EDT Nvidia launches DGX SuperPOD for generative AI supercomputing - Nvidia announced its next-generation AI supercomputer - the Nvidia DGX SuperPOD powered by Nvidia GB200 Grace Blackwell Superchips - for processing trillion-parameter models with constant uptime for superscale generative AI training and inference workloads. Featuring a new liquid-cooled rack-scale architecture, the new DGX SuperPOD is built with Nvidia DGX GB200 systems and provides 11.5 exaflops of AI supercomputing at FP4 precision and 240 terabytes of fast memory - scaling to more with additional racks. Each DGX GB200 system features 36 Nvidia GB200 Superchips - which include 36 Nvidia Grace CPUs and 72 Nvidia Blackwell GPUs - connected as one supercomputer via fifth-generation Nvidia NVLink. GB200 Superchips deliver up to a 30x performance increase compared to the Nvidia H100 Tensor Core GPU for large language model inference workloads. The Grace Blackwell-powered DGX SuperPOD features eight or more DGX GB200 systems and can scale to tens of thousands of GB200 Superchips connected via Nvidia Quantum InfiniBand. For a shared memory space to power next-generation AI models, customers can deploy a configuration that connects the 576 Blackwell GPUs in eight DGX GB200 systems connected via NVLink.
NVDA...

Hot Stocks

16:36 EDT Nvidia announces Synopsys, TSMC integrate cuLitho - Nvidia (NVDA) announced that TSMC (TSM) and Synopsys (SNPS) are going into production with Nvidia's computational lithography platform to accelerate manufacturing. TSMC and Synopsys, have integrated Nvidia cuLitho with their software, manufacturing processes and systems to speed chip fabrication, and in the future support the latest-generation Nvidia Blackwell architecture GPUs. Nvidia also introduced new generative AI algorithms that enhance cuLitho, a library for GPU-accelerated computational lithography, improving the semiconductor manufacturing process over current CPU-based methods.
NCMI

Hot Stocks

16:34 EDT National CineMedia jumps 11% to $4.68 after Q4 results, guidance, and buyback
DRH

Hot Stocks

16:34 EDT DiamondRock jumps 3% to $24.45 after announcing Innovex combination
NVDA

Hot Stocks

16:34 EDT Nvidia announces Blackwell platform - Nvidia announced that the Nvidia Blackwell platform has arrived - enabling organizations everywhere to build and run real-time generative AI on trillion-parameter large language models at up to 25x less cost and energy consumption than its predecessor. The Blackwell GPU architecture features six technologies for accelerated computing, which will help unlock breakthroughs in data processing, engineering simulation, electronic design automation, computer-aided drug design, quantum computing and generative AI. Among the many organizations expected to adopt Blackwell are Amazon Web Services, Dell Technologies, Google, Meta, Microsoft, OpenAI, Oracle, Tesla and xAI.
DRQ

Hot Stocks

16:33 EDT Dril-Quip to combine with Innovex - Dril-Quip and Innovex Downhole Solutions "announced a definitive agreement under which Dril-Quip and Innovex will merge in an all-stock transaction to create a unique energy industrial platform. Upon closing of the transaction, Dril-Quip stockholders will own approximately 52% and Innovex stockholders will own approximately 48% of the combined company on a fully diluted basis. The combined company is expected to derive approximately 56% of its revenue from the international and offshore markets and approximately 44% from the North American onshore markets and would have more than $1.0B in annual revenue and $221M in adjusted EBITDA, including synergies in FY23. The combined company will have a strong balance sheet with a pro forma, year-end 2023 net cash position of $99M."
LICY GLNCY

Hot Stocks

16:31 EDT Li-Cycle discloses $75M strategic financing from Glencore - Li-Cycle Holdings provided a business update, with CEO Ajay Kochhar stating: "Since embarking on our comprehensive review, we are pleased to report significant progress, including improving our current liquidity position and conducting an internal technical review of the Rochester Hub. We recently announced $75 million of strategic financing from Glencore to enhance our liquidity position and further build on our long-term strategic partnership. Additionally, as part of our internal technical review of the Rochester Hub project, we confirmed the technical viability of producing lithium carbonate and mixed hydroxide precipitate. We also continue to work closely with the DOE on the conditional commitment for a loan of up to $375 million. We believe the strategic value of the Rochester Hub is underpinned by strong industry fundamentals driving robust demand for domestic sources of critical battery materials."
GTLS

Hot Stocks

16:29 EDT Chart Industries awarded order from Element Resources LSEC facility, no terms - Chart Industries announced an order from Element Resources for its Lancaster Clean Energy Center LCEC , a major renewable green hydrogen production facility located in the City of Lancaster, California. At the LCEC, Element will produce over 20,000 tons of renewable green hydrogen annually through its first phase, making it one of the largest green hydrogen projects in the state. The LCEC, which is targeted to begin commercial operations in 2026, will operate off-grid, using dedicated photo voltaic PV solar to power Element's electrolyzers to produce zero-emission, renewable hydrogen. The increased hydrogen production capacity will serve the growing demand for clean mobility fuels as well as clean energy for manufacturing. Element Resources is purchasing hydrogen liquefaction plants from Chart, utilizing Chart's hydrogen refrigeration technology, cold box design, and the associated rotating equipment. This order above includes Chart's supply of the hydrogen liquefaction system, liquid hydrogen storage tanks, and trailer loadout bays as well as liquid hydrogen transports and ISO Containers. Hydrogen compression for storage, distribution and heavy duty fueling is also included in this order.
LPLA

Hot Stocks

16:27 EDT LPL Financial announces Christa Carone joins firm as EVP and CMCO - LPL Financial announced Christa Carone has joined the firm as Executive Vice President and Chief Marketing and Communication Officer. Carone leads the firm's Client and Prospect Marketing, Corporate Communication, Digital & Content Operations, and Brand teams. Carone's decades of marketing, communication and operational experience within financial services, digital media and advertising technology will help fast-track the evolution of LPL's brand and go-to-market strategy. She reports to Divisional President, Chief Growth Officer, Rich Steinmeier, and is based in San Diego. "The LPL value proposition for advisors and financial institutions in terms of affiliation optionality, products and platforms, and business support has never been stronger," said Steinmeier. "Christa's extensive leadership and experience in the marketing, fintech and operations space, as well as her entrepreneurial mindset and understanding of marketing as a key growth driver, demonstrate that she's the right leader to help us tell that story and deliver impactful marketing strategies that build awareness and engagement."
PMVP

Hot Stocks

16:22 EDT PMV Pharmaceuticals reports promising efficacy of rezatapopt in OC study - PMV Pharmaceuticals announced that a Phase 1 analysis reported promising anti-tumor activity of rezatapopt, PC14586 in heavily pre-treated patients with advanced ovarian cancer harboring a TP53 Y220C mutation. Rezatapopt is a first-in-class precision oncology small molecule investigational therapy that selectively targets the TP53 Y220C mutation in solid tumors. These data were featured today in a late-breaking oral presentation at the 2024 Society for Gynecologic Oncology SGO Annual Meeting on Women's Cancer being held March 16-18, in San Diego, CA. The presentation entitled, "Phase 1 Analysis from the PYNNACLE Phase 1/2 Study PC14586 in the Subgroup of Patients with Advanced Ovarian Cancer Harboring a TP53 Y220C Mutation," was delivered by Alison M. Schram, M.D., Medical Oncologist, Memorial Sloan Kettering Cancer Center. "In this Phase 1 study, we observed promising efficacy of rezatapopt in heavily pre-treated patients with advanced ovarian cancer harboring a TP53 Y220C mutation. In addition, rezatapopt showed a favorable safety profile," said Dr. Schram. "These data are encouraging given the significant unmet medical need for patients with advanced solid tumors, particularly in patients with ovarian cancer who are platinum resistant. Further study of rezatapopt as monotherapy in ovarian cancer is warranted."
DKNG

Hot Stocks

16:20 EDT DraftKings names Jason Park chief transformation officer, Alan Ellingson CFO - DraftKings announced that Jason Park, DraftKings' CFO, will become the company's chief transformation officer, effective as of May 1. In this newly created role, Park will lead initiatives to deploy technologies to capture additional operating efficiencies as well as oversee the integration of the proposed acquisition of Jackpocket. Alan Ellingson, DraftKings' senior VP, finance and analytics, will be elevated to CFO, effective as of May 1. Park joined DraftKings as CFO in June 2019 and oversaw the company's transition to the public markets.
ZPTA WNNR

Hot Stocks

16:19 EDT Zapata AI to trade on Nasdaq upon consummation of combination with Andretti - Andretti Acquisition (WNNR) announced that, upon the consummation of its previously announced proposed business combination with Zapata Computing, "Zapata AI", an industrial generative AI company, the combined entity is expected to list on the Nasdaq Stock Market. The common stock and public warrants of the combined company will trade under the ticker symbols "ZPTA" and "ZPTAW", respectively.
RAIL

Hot Stocks

16:17 EDT FreightCar America CEO James Meyer to change roles, Nicholas Randall to succeed - FreightCar America announced effective May 1, the appointment of Nicholas Randall, the company's current COO, as president and CEO and member of the company's board of directors. Randall will succeed James Meyer who has been appointed as the company's executive chairman of the board of directors. William Gehl, the company's current chairman, will remain on the board of directors and serve as lead independent director. Randall joined FreightCar America in 2023 as COO.
KR ELV

Hot Stocks

16:17 EDT Kroger to sell specialty pharmacy business to CarelonRx, terms not disclosed - The Kroger Co. (KR) announced that it has entered into a definitive agreement for the sale of its specialty pharmacy business to CarelonRx, a subsidiary of Elevance Health (ELV). Kroger Specialty Pharmacy is separate from other Kroger Family of Pharmacies, including in-store retail pharmacies and The Little Clinics, and therefore in-store retail pharmacies and The Little Clinics are not included in this transaction. This transaction is subject to customary closing conditions, including regulatory approvals and is expected to close in the second half of 2024; it is not expected to have an impact on Kroger's 2024 guidance.
DALN

Hot Stocks

16:14 EDT DallasNews promotes Cathy Collins to CFO - DallasNews announced that Cathy Collins had been promoted to CFO effective March 18, reporting to Katy Murray, president of DallasNews Corporation. Over the last six years, Cathy has served in multiple progressive finance leadership roles. Prior to joining the company, Cathy worked for 16 years with ALM Media as controller for seven years and regional publisher for nine years.
CBT

Hot Stocks

16:13 EDT Cabot launches new Propel E8 carbon black for tire tread applications - Cabot "announced the global launch of its new PROPEL(R) E8 engineered reinforcing carbon black designed to provide superior tread durability at low rolling resistance for high-performance tire tread applications. This new product addresses the unique challenges posed by the heavier weight and higher torque of electric vehicles compared to traditional internal combustion engine vehicles. The PROPEL E8 grade complements Cabot's existing solutions within the PROPEL E series, which are also suitable for use in high-performance tires. As the global mobility landscape shifts to electric, the demand for more robust and efficient tires has become evident. Automotive tire manufacturers are looking for innovative solutions that improve the efficiency of EV tires and enable a longer lifespan. The increased weight and higher torque of EVs have shown to increase tire wear by up to 30%* in comparison to its ICE counterparts. As such, this is generating a rise in end-of-life tires (EOLTs) over the lifespan of an EV as well as higher total cost of ownership. Cabot's PROPEL E8 solution is designed to address such challenges by delivering low rolling resistance with increased tread durability to improve the tire lifespan, maximize range and reduce overall tire waste. "
DLO

Hot Stocks

16:13 EDT DLocal appoints Dr. Veronica Raffo as an independent board member - dLocal announces the appointment of Dr. Veronica Raffo as an independent board member, effective March 18, 2024. Dr. Raffo will join the esteemed ranks of our Audit Committee, bringing with them a wealth of experience and expertise in corporate governance. Dr. Raffo brings a distinguished track record of accomplishments as a partner in Ferrere, one of the top legal firms in Uruguay and the region. At Ferrere, she participates actively in its management and strategic leadership. She has more than 25 years of experience advising a stellar list of global clients, managing highly complex and sensitive cases with a focus on corporate issues, dispute negotiation, compliance audits and corporate governance.
DLO GE

Hot Stocks

16:13 EDT DLocal appoints Mark Ortiz new CFO - dLocal (DLO) announced that Mark Ortiz has been appointed Chief Financial Officer. Ortiz will report directly to dLocal's CEO, Pedro Arnt, overseeing dLocal's accounting, financial planning and analysis, financial reporting internal audit, SEC reporting, tax, credit, risk, and treasury functions. Mark's appointment complements the already exceptional leadership team at dLocal. Mark joins dLocal during a period of rapid growth as it continues to deliver on its mission to unlock the power of emerging markets. He brings over 30 years of extensive international financial and operational management experience primarily within GE's (GE) umbrella companies. While at GE, Mark held senior positions in various financial areas, culminating in roles as Global FP&A Leader for GE Capital, CFO for the Industrial Finance & Energy Financial Services businesses, and Global Controller for GE Capital's Real Estate and Equipment Leasing and Lending platforms. During his professional career he lived and worked in over 20 markets, making him the ideal candidate to bolster dLocal's current emerging markets high-growth expansion strategy. "I am very impressed with the outstanding results that dLocal achieved in such a short period of time and really excited about the growth potential of the company." says Mark Ortiz, dLocal's newly appointed CFO. "I am honored to join dLocal as its next Chief Financial Officer and look forward to continuing to build this great company."
ALPN

Hot Stocks

16:11 EDT Alpine Immune Sciences says cash sufficient to fund operations into 2026 - As of December 31, 2023, Alpine's cash and investments totaled $368.2 million compared to $273.4 million as of December 31, 2022. The Company anticipates its current cash and investments are sufficient to fund planned operations into 2026.
GL

Hot Stocks

16:11 EDT Globe Life raises quarterly dividend to 24c per share - Globe Life announced that its Board of Directors has raised the quarterly dividend to 24c per share on all of the outstanding common stock of the company held of record as of close of business of the company's transfer agent on April 5. The dividend will be paid on May 1.
BLKB

Hot Stocks

16:08 EDT Blackbaud to terminate stockholder rights plan - Blackbaud announced that its Board of Directors has unanimously voted to terminate the company's stockholder rights plan effective as of the close of business on March 18. The Rights Plan was scheduled to expire on October 2. Stockholders do not have to take any action as a result of this termination. In deciding to terminate the Rights Plan, the Board determined that an active Rights Plan is not necessary, at this time, to serve the best interests of all stockholders.
SNT

Hot Stocks

16:07 EDT Senstar Technologies completes corporate redomiciliation from Israel to Canada - Senstar Technologies announced the completion of its redomiciliation process from Israel to Ontario, Canada effective March 18. The shares of Senstar Technologies Corporation will begin trading on the Nasdaq Global Market on March 19 under the symbol "SNT".
KBR

Hot Stocks

16:06 EDT KBR awarded new subcontract with Bering Straits Information Technologies - KBR announced it has won a new subcontract with Bering Straits Information Technologies, a subsidiary of Bering Straits Native Corporation, in support of the U.S. Air Force Air Combat Command to provide human performance optimization services at various military bases around the world. The Human Performance Optimization contract is a multi-award IDIQ anticipated to be executed over a span of ten years, extending until March 2034, and was assembled as one of the U.S. Air Force's newest programs to enhance human performance. In support of BSIT and the customer, KBR will provide resiliency and well-being services for military personnel throughout the country and abroad. The contract was specifically designed to optimize physical and cognitive performance, decrease occupational injury rates, accelerate return to duty, and ensure combat readiness across aircrew and warfighter communities.
ATSG BA

Hot Stocks

16:03 EDT Air Transport Services delivers additional Boeing 767 Freighter to DHL - Air Transport Services (ATSG) announced that it has commenced a new lease agreement with DHL Network Operations under which ATSG's Cargo Aircraft Management has leased a Boeing (BA) 767-300 freighter aircraft to DHL to operate within DHL's global network. The agreement will increase the total CAM-leased 767 fleet at DHL to fourteen.
NCMI

Hot Stocks

16:02 EDT National CineMedia announces new $100M share repurchase program - National CineMedia announced that its Board of Directors has approved a new share repurchase program authorizing the purchase of up to $100M of the Company's common stock through April 1, 2027. During the course of the program, NCM plans to use operating cash flow distributions from NCM LLC to opportunistically repurchase shares at prevailing market prices, while continuing to invest capital in growing its advertising network through strategic initiatives.
ICE LEN

Hot Stocks

16:02 EDT Lennar Mortgage moves servicing ops to Intercontinental Exchange technology - Intercontinental Exchange (ICE) announced that Lennar Mortgage (LEN) will move its servicing operations onto the industry-leading ICE MSP loan servicing system. Already a longtime user of ICE's Encompass digital lending platform, Lennar will see greater efficiencies and compliance support from the seamless integration of the systems via the ICE end-to-end technology ecosystem.
ORTX

Hot Stocks

15:43 EDT Orchard Therapeutics announces FDA approval of Lenmeldy - Orchard Therapeutics announced the U.S. FDA has approved Lenmeldy, formerly known as OTL-200, for the treatment of children with pre-symptomatic late infantile, pre-symptomatic early juvenile or early symptomatic early juvenile, collectively referred to as early-onset-metachromatic leukodystrophy. Orchard Therapeutics will provide more details about the launch of Lenmeldy in the U.S. through a separate announcement this week.
ATMU CMI

Hot Stocks

15:25 EDT Atmus Filtration announces separation from Cummins - Atmus Filtration Technologies (ATMU) announced its separation from Cummins (CMI), marking Atmus' first day as a fully independent company. As separately announced, Cummins accepted an aggregate of 5,574,051 shares of Cummins common stock in exchange for 67,054,719 shares of Atmus common stock.
DIS

Hot Stocks

13:43 EDT Trian urges Disney shareholders to vote for director candidates - The Trian Group, which beneficially owns $3.5B of common stock in The Walt Disney Company, released a letter to its fellow Disney shareholders, which read in part, "For more than a century, Disney has captivated millions of people all over the world with unforgettable films and experiences. Like you, Trian loves Disney and wants to see the Company succeed. With its iconic franchises, global presence and scale, unparalleled customer loyalty and enviable commercial flywheel, Disney and its shareholders should prosper. But despite its many advantages, Disney has lost its way. Disney fell from its #1 position at the box office, was late to enter the streaming business and doubled down on linear TV at the wrong time. As a result, financial performance has deteriorated, with earnings per share, free cash flow, operating income and many other key metrics lower than they were five years ago. Consequently, shareholders have suffered. Disney's stock has underperformed its media peers and the broader market over most relevant periods: over the past one, two, three, four and five years. To help ensure a better future for this great company, we believe Disney needs new independent directors who have a shareholder mindset, deep and relevant experience and a sense of urgency. We have nominated two such candidates: Nelson Peltz and Jay Rasulo, each of whom have invested their own money in Disney stock and are dedicated to helping Disney. Nelson was a public company CEO and has served on the boards of many public companies facing performance, governance and CEO succession challenges, just like Disney. Jay is the former Chief Financial Officer of Disney and ran the Company's parks and resorts business before that...Nelson Peltz and Jay Rasulo have dedicated themselves to helping build a better future for this iconic company. Like you, we want Disney to improve the guest experience at its parks and on its cruises; create unforgettable, industry-leading films and television content; and deliver sustainable growth and value for shareholders for generations to come. We are confident that, given its many advantages, Disney can do better. But we need your help. Together, we can elect two new independent directors who will bring focus, alignment and accountability to the Company's boardroom. Together, we can Restore the Magic at Disney. To ensure the election of Nelson Peltz and Jay Rasulo, it is essential that shareholders vote FOR Nelson Peltz and Jay Rasulo and WITHHOLD on Michael B.G. Froman, Maria Elena Lagomasino and all three Blackwells Nominees."
META...

Hot Stocks

13:22 EDT TikTok announces Creativity Program is out of beta - "Home to a global community powered by our creators and their creativity, TikTok brings together people around the world through content that connects, entertains, and inspires. With a community as unique and diverse as ours, we remain committed to investing in the best tools and technology for our creators to unleash their creativity, build their community and monetize in a way that's most authentic to them. And as we constantly look to enhance the TikTok experience for everyone on our platform, we learn from how tools and features are embraced..We first introduced longer videos in 2022, and since then, interest in longer-form storytelling has only grown. So much so that the TikTok community now spends 50% of their time on TikTok watching videos longer than one minute. We introduced the Creativity Program Beta to encourage creators on their TikTok journey to generate higher earnings and unlock more opportunities by sharing their longer content. During the beta period, we spent time gathering valuable feedback from our community, ensuring the program meets the needs of our creators.... we're excited to share that the Creativity Program is out of beta. As we officially introduce Creator Rewards Program, we look forward to continuing to partner with our creators and helping them realize their full potential," said the company in part in an earlier blog post... Publicly traded companies in the social space include Meta Platforms (META), Pinterest (PINS), Snap (SNAP), Alphabet (GOOG, GOOGL), and Twitter (TWTR). Reference Link
DB

Hot Stocks

13:05 EDT Deutsche Bank fined EUR 50,000 by BaFIN over 2023 IT security incident - The Federal Financial Supervisory Authority, or BaFin, announced that it has imposed an administrative fine of EUR 50,000 on Deutsche Bank AG. The fine was imposed because BaFin ascertained that the institution had communicated incorrect information regarding a major customer-relevant IT security incident occurring in the provision of payment services in 2023. Moreover, the bank had informed BaFin of the incident with a significant delay. The administrative fine order is final and binding, BaFin said. Reference Link
GNS

Hot Stocks

13:04 EDT Genius Group enters merger agreement with OpenExO - Genius Group and OpenExO, an AI-driven global community of 36,000 educators, entrepreneurs and enterprises building the exponential ecosystems of the future, signed a definitive agreement to merge companies in an all-share transaction. This merger accelerates Genius' plan to build a worldwide AI Education Group serving a global network of 100 Genius Cities and prepare 100 million students for our exponential future. Salim Ismail founded OpenExO with Kent Langley. They have built a reputation as world leading experts in exponential thinking. The transaction will close once the various closing conditions and necessary approvals, including, but not limited to, NYSE approval, are met.
FRHC

Hot Stocks

12:55 EDT Freedom Holding down 6% amid report on Turlov's assets - The Kazakh Telegraph Agency, or KazTAG, reported that the assets of Kazakh billionaire Timur Turlov were arrested in the case of withdrawing funds from Russia, which has been pointed to by traders as related to weakness seen in shares of Freedom Holding, which are down about 4% to $71.97 in New York trading. Reference Link
DOGZ

Hot Stocks

12:26 EDT Dogness Internationa trading resumes
DOGZ

Hot Stocks

12:21 EDT Dogness Internationa trading halted, volatility trading pause
GOOG GOOGL

Hot Stocks

12:03 EDT YouTube introduces AI-generated content labeling tool - In a company blog post, the YouTube team said, "Generative AI is transforming the ways creators express themselves - from storyboarding ideas to experimenting with tools that enhance the creative process. But viewers increasingly want more transparency about whether the content they're seeing is altered or synthetic. That's why today we're introducing a new tool in Creator Studio requiring creators to disclose to viewers when realistic content - content a viewer could easily mistake for a real person, place, or event - is made with altered or synthetic media, including generative AI. As we announced in November, these disclosures will appear as labels in the expanded description or on the front of the video player. We're not requiring creators to disclose content that is clearly unrealistic, animated, includes special effects, or has used generative AI for production assistance." Reference Link
RIVN TSLA

Hot Stocks

12:02 EDT Rivian up 3% to $11.42 after saying owners have access to Tesla chargers
RIVN TSLA

Hot Stocks

12:01 EDT Rivian says owners now have access to Tesla Superchargers - Rivian Automotive (RIVN) said its owners now have access to the Tesla (TSLA) Supercharger network and will start receiving NACS DC adapters in April. "This spring, Rivian owners will be able to use an adapter to access over 15,000 compatible Tesla Superchargers across North America. This is in addition to the 16,000 existing fast chargers they already have access to through other public charging networks. Because we handle our charging hardware and software in-house, we can seamlessly integrate most fast chargers - including the Supercharger network - into our charging ecosystem...Access to the Supercharger network will require an adapter at first, which we will begin shipping to all Rivian owners this spring for free. The North American Charging Standard (NACS) connector used on Superchargers is becoming widely adopted across the industry, so starting in 2025 our vehicles will ship with new, fully integrated NACS hardware," the company said on its website. Reference Link
LAC

Hot Stocks

12:00 EDT Lithium Americas falls -9.0% - Lithium Americas is down -9.0%, or -58c to $5.89.
ANRO

Hot Stocks

12:00 EDT Alto Neuroscience falls -11.1% - Alto Neuroscience is down -11.1%, or -$1.76 to $14.05.
GETY

Hot Stocks

12:00 EDT Getty Images falls -11.8% - Getty Images is down -11.8%, or -61c to $4.56.
BLND

Hot Stocks

12:00 EDT Blend Labs rises 10.1% - Blend Labs is up 10.1%, or 28c to $3.10.
SHCO

Hot Stocks

12:00 EDT Soho House rises 11.1% - Soho House is up 11.1%, or 55c to $5.52.
SMR

Hot Stocks

12:00 EDT Nuscale Power rises 28.7% - Nuscale Power is up 28.7%, or $2.25 to $10.10.
ATNI

Hot Stocks

11:35 EDT ATN International boosts quarterly dividend to 24c from 21c - ATN International's board declared a quarterly dividend of 24c per share, payable on April 5, on all common shares outstanding to stockholders of record as of March 31. The dividend is increased from 21c per share.
PCG

Hot Stocks

11:26 EDT PG&E denied application to transfer non-nuclear generation assets to Pac Gen - On Friday, the California Public Utilities Commission denied the application of Pacific Gas and Electric Company, or PG&E, seeking authorization for PG&E to transfer substantially all of its non-nuclear generation assets to Pacific Generation, or Pac Gen, based on the proposed decision of Administrative Law Judge Sophia J. Park, as well as the issuance of a certificate of public convenience and necessity to Pacific Generation to operate as a utility subject to the California Public Utilities Commission's jurisdiction and other authorizations and determinations. Reference Link
DIS

Hot Stocks

11:16 EDT Disney says Glass Lewis recommends holders support company board nominees - The Walt Disney Company announced that independent proxy voting and corporate governance advisory firm Glass, Lewis & Co. recommended shareholders vote the white proxy card in support of all of Disney's 12 director nominees and no other nominees at the company's Annual Meeting on April 3. "We are pleased that Glass Lewis recognizes the strength of our highly qualified nominees and supports our plans to return this iconic company to a period of sustained growth and shareholder value creation. In its recommendation, Glass Lewis clearly identifies the strength of the diverse skillsets across our Board nominees, the credibility of our succession planning process and recent changes to the Board and compensation program and the promise of our recent efforts to bolster growth and value creation to position Disney for the future," said Mark Parker, Chairman of The Walt Disney Company Board of Directors.
STLA ACHR

Hot Stocks

11:04 EDT Stellantis further increases strategic shareholding in Archer Aviation - Stellantis N.V. (STLA) and Archer Aviation Inc. (ACHR) announced that Stellantis recently completed a series of open market purchases of ~8.3 million shares of Archer's stock signaling Stellantis' continued confidence in Archer's plans to bring electric vertical take-off and landing aircraft to market beginning in 2025. Stellantis' increased investment in Archer follows CEO Carlos Tavares' recent visit to Archer's headquarters and manufacturing facilities in Santa Clara, California. "Archer has established itself as a market leader in the electrification of aviation and we believe that together we can usher in the next transportation revolution," said Stellantis CEO Carlos Tavares. "This recent move by Stellantis signals our confidence in Archer's team and the progress we see firsthand through our deep partnership."
UNH

Hot Stocks

10:38 EDT UnitedHealth advanced $2B to providers impacted by cyberattack - UnitedHealth Group in a statement on its website Friday saud it "continues to make progress in mitigating the impact to consumers and care providers of the unprecedented cyberattack on the U.S. health system and the Change Healthcare services, while continuing to expand financial assistance to affected providers." Change Healthcare began releasing medical claims preparation software on Friday, which will be made available to thousands of customers over the next several days. The company expects to have third-party attestations available prior to services becoming operational. On March 15, the company restored Change Healthcare's electronic payments platform and is proceeding with payer implementations. To assist care providers whose finances have been disrupted by the cyberattack, UnitedHealth has advanced more than $2B n thus far through multiple initiatives. "The company recognizes the high level of fragmentation of the U.S. health system can result in uneven experiences, therefore it continues to enhance and expand funding support to make it easier for care providers to access funding help at no cost. To further assist care providers, the company also suspended prior authorizations for most outpatient services and utilization review of inpatient admissions for Medicare Advantage plan," it said. Reference Link
CHRO

Hot Stocks

10:01 EDT Chromocell Therapeutics names Frank Knuettel as permanent CEO - Chromocell Therapeutics announced that its interim CEO Frank Knuettel, has been appointed as the company's permanent CEO. Knuettel was previously appointed Interim CEO in July 2023, while currently serving as the company's CFO, a role he will continue to fill for the near future.
LAC

Hot Stocks

10:00 EDT Lithium Americas falls -6.6% - Lithium Americas is down -6.6%, or -43c to $6.04.
FOUR

Hot Stocks

10:00 EDT Shift4 Payments falls -8.2% - Shift4 Payments is down -8.2%, or -$6.32 to $71.18.
AKA

Hot Stocks

10:00 EDT a.k.a. Brands falls -10.3% - a.k.a. Brands is down -10.3%, or -$1.07 to $9.31.
FF

Hot Stocks

10:00 EDT FutureFuel rises 6.4% - FutureFuel is up 6.4%, or 45c to $7.51.
ANVS

Hot Stocks

10:00 EDT Annovis Bio rises 9.1% - Annovis Bio is up 9.1%, or 83c to $9.92.
SMR

Hot Stocks

10:00 EDT Nuscale Power rises 22.8% - Nuscale Power is up 22.8%, or $1.79 to $9.64.
VOR

Hot Stocks

09:58 EDT Vor Bio treatment of acute myeloid leukemia granted FDA orphan designation - The FDA granted orphan designation to Vor Biopharma's treatment of acute myeloid leukemia, according to a post to the agency's website. Reference Link
NSRGY

Hot Stocks

09:58 EDT Nestle granted orphan status for fatty acid oxidation treatment - Tha FDA granted Aimmune Nestle orphan status for its treatment of fatty acid oxidation disorders, D-beta-hydroxybutyrate. Reference Link
HCMA

Hot Stocks

09:55 EDT HCM Acquisition Corp trading resumes
SOXS

Hot Stocks

09:47 EDT Direxion Daily Semiconductor Bear 3X Shares falls -6.1% - Direxion Daily Semiconductor Bear 3X Shares is down -6.1%, or -22c to $3.37.
FOUR

Hot Stocks

09:47 EDT Shift4 Payments falls -9.5% - Shift4 Payments is down -9.5%, or -$7.37 to $70.13.
AKA

Hot Stocks

09:47 EDT a.k.a. Brands falls -10.3% - a.k.a. Brands is down -10.3%, or -$1.07 to $9.31.
XPEV

Hot Stocks

09:47 EDT XPeng rises 7.1% - XPeng is up 7.1%, or 68c to $10.32.
VIST

Hot Stocks

09:47 EDT Vista Energy rises 7.5% - Vista Energy is up 7.5%, or $3.06 to $43.81.
SMR

Hot Stocks

09:47 EDT Nuscale Power rises 11.6% - Nuscale Power is up 11.6%, or 91c to $8.76.
HCMA

Hot Stocks

09:45 EDT HCM Acquisition Corp trading halted, volatility trading pause
CMAX

Hot Stocks

09:40 EDT CareMax trading resumes
BMO

Hot Stocks

09:40 EDT Bank of Montreal enters partnership with Shell Canada - BMO announced its new, exclusive partnership with Shell Canada, offering more benefits and savings opportunities for BMO credit and debit card customers. Customers are now eligible for a discount of 7 cents per litre on Shell V-Power NiTRO Premium fuel and 2 cents per litre on all other Shell fuels at Shell service stations in Canada when they use a BMO credit or debit card that has been linked to a valid AIR MILES collector card.
BNAI

Hot Stocks

09:39 EDT DHC Acquisition Corp trading resumes
GSK

Hot Stocks

09:38 EDT GSK reports 'clinically meaningful' overall survival results from RUBY trial - GSK plc over the weekend announced "statistically significant and clinically meaningful" overall survival, or OS, results from Part 1 and progression-free survival, or PFS, results from Part 2 of the RUBY/ENGOT-EN6/GOG3031/NSGO phase 3 trial in adult patients with primary advanced or recurrent endometrial cancer. These data were presented in a late-breaking plenary session at the Society of Gynecologic Oncology 2024 Annual Meeting on Women's Cancer held March 16-18, the company noted. Hesham Abdullah, Senior Vice President, Global Head Oncology, R&D, GSK said: "The positive data presented today further show how dostarlimab-based regimens could benefit a broader set of patients with endometrial cancer. The results we've seen to date comprise the growing body of evidence supporting the role of dostarlimab as the backbone of our immuno-oncology development programme. Our goal is to continue to identify ways to use dostarlimab alone and in combination with other therapies to help improve outcomes for patients with limited treatment options."
LCUT

Hot Stocks

09:38 EDT Lifetime Brands trading resumes
CTOS

Hot Stocks

09:37 EDT Custom Truck One Source acquires business of SOS Fleet Services - Custom Truck One Source announces its acquisition of the business of SOS Fleet Services, LLC, a full-service repair facility located in Alexandria, Louisiana. This acquisition brings over 30,000 square feet of space and a highly experienced team that will significantly enhance Custom Truck's service footprint in the region. Our new Alexandria branch is poised to offer the full breadth of Custom Truck's rental product offering, as well as repair service, to customers in the area. This acquisition, along with the recently announced 2024 planned branch openings in Casa Grande, AZ, Sacramento, CA and Salt Lake City, UT, will increase Custom Truck's national footprint to 39 locations, from its previous 35. Our footprint expansion will enable us to better serve our customers, ensuring readiness and capability to meet their needs.
BNAI

Hot Stocks

09:34 EDT DHC Acquisition Corp trading halted, volatility trading pause
LCUT

Hot Stocks

09:33 EDT Lifetime Brands trading halted, volatility trading pause
CMAX

Hot Stocks

09:30 EDT CareMax trading halted, volatility trading pause
COSM

Hot Stocks

09:27 EDT Cosmos Health receives approval to sell Sky Premium Life in UAE - Cosmos Health has received regulatory approval to sell its Sky Premium Life vitamins and food supplements in the United Arab Emirates market, and has obtained its inaugural purchase orders. Cosmos Health has obtained Consumer Product Registration Certificates from the Public Health & Safety Department of the Government of Dubai. Registration Certificates of this type are valid for 5 years from the date of issue, are renewable, and allow the free distribution of products in the UAE market. Additionally, the Company is in advanced discussions with leading local entities and anticipates securing an exclusive distribution agreement based on the most favorable offer.
BVN

Hot Stocks

09:25 EDT Buenaventura obtains key operating permit for Yumpag Mine - Compania de Minas Buenaventura is pleased to announce it has received its final operating permit from the Peruvian Ministry of Energy and Mines to begin production at its Yumpag mine Leandro Garcia, Buenaventura's CEO, commented, "Receipt of this final permit for our flagship Yumpag mine represents a significant milestone for Buenaventura and also reflects our proficiency in handling mining projects as well as regulatory processes efficiently and effectively. Securing the necessary project stages and approvals in a timely manner demonstrates our readiness to capitalize on opportunities and execute strategic objectives with precision." He continued, "We're very enthusiastic about Yumpag's future prospects to produce high-grade silver resources, with promising exploration campaigns. We've therefore achieved a key pillar to support Buenaventura's overall growth strategy which, coupled with our focus on operational excellence and commitment to responsible resource management, position us to unlock significant value for our stakeholders." The final operating permit approval for Buenaventura's flagship Yumpag mine signifies the culmination of rigorous planning and preparation. This milestone marks the start of 1,000-ton-per-day uninterrupted mining at Yumpag, enabling Buenaventura to achieve its 2024 production guidance of 6.5 - 7.2 million silver ounces
RELL IPWR

Hot Stocks

09:23 EDT Richardson Electronics announces distribution agreement with Ideal Power - Richardson Electronics (RELL) announced a global distribution agreement with Ideal Power (IPWR) for products including the discrete B-TRAN device and SymCool power module. Ideal Power is pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN bidirectional semiconductor power switch.
IPWR RELL

Hot Stocks

09:22 EDT Ideal Power enters distribution agreement with Richardson Electronics - Ideal Power (IPWR) announced an agreement with Richardson Electronics RELL) for the global distribution of Ideal Power's products including the discrete B-TRAN device and SymCool power module.
SHCO

Hot Stocks

09:19 EDT Soho House chairman issues letter to shareholders - The letter said, "...I thought I'd proactively share my thoughts with you directly in the event confidential information is indeed leaked. I've made hundreds of investments in my life, but none with a business model I like better than Soho House. It's hard to read that we aren't profitable when our Houses are very profitable and create tremendous long-term value as an in-place network. I feel the real focus should be on mature Houses that are in their second 5-year period of their growth curve, when the profitability and durability of the units really kicks into gear. With approximately half our Houses still less than five years old, we have substantial embedded value that will grow as those Houses mature, even before adding a single new House. Our post five-year Houses contribute on average 35% plus House-Level margin, with some of our oldest Houses well above that, making the network more valuable with time. This a unique and really compelling feature of the business model. Public companies always have a tug of war over short term vs. long term profits. I'd again emphasize that this (to me) should be about value creation more than anything...The recent negative write up caused the company to have an outside audit firm be hired by an independent law firm. It's expensive to be a public company, this year it will be even more for a forensic audit that confirmed there are absolutely no issues and took critical management time away from the business. It's important to note that this wasn't anyone with knowledge of some non-public fact. On top of all this, management already spends a huge amount of time on public company issues that could be better spent growing and managing the business. I've debated for some time whether Soho House should be a public company. To be honest the biggest argument I have with myself (it's not solely my decision and many other opinions matter) is that I've never had shareholders lose money with me from an IPO of a company I control. My personal belief in the value being created at Soho House is so strong that I'd rather just be patient, but my investing style shouldn't be imposed onto others. Over time we've had inquiries about taking the company private. As we reported, the Board formed a special committee to review any transaction that would require me to be part of the future of the company. To be clear, I want to and intend to be an owner for the long haul, but at this time I'm not part of a group and haven't made a bid (although I'm not prohibited). We were shocked Friday when it came to my attention that certain information from the special committee process had been leaked. Neither the broader Board nor management have been part of the special committee process, making this potential leak particularly concerning to us, and warranted this statement. To be clear, I'm not part of any bid at this time, but any proposal that may be on the table requires me to roll my shares. Hence the current need for a special committee. In layman's terms, the process is that the independent special committee is advised by their bankers and lawyers as to the appropriateness and the fairness of any proposal. Then I have to agree to contribute my shares at that value. Then the independent Board votes and then the minority shareholders vote, requiring a "majority of the minority." In summary there are a lot of checks and balances... The public market doesn't seem to understand or fully appreciate the value of Soho House, and the interest from the special committee process has shown private buyers may be willing to step-up and close the gap. However, it's not for me to opine on the fairness or the appropriate value of the company's stock, especially if I am not intending to be a seller. In closing, given the mere potential of leaked information involving the special committee process, I wanted to go the extra step to share with you directly how I see the Company, any proposal and the process."
LSTR

Hot Stocks

09:16 EDT Landstar System appoints chief sales offericers - Landstar System announced that two Landstar veterans have been promoted to lead Landstar's sales organization as executive officers of the Company. Effective today, Matt Dannegger has been appointed Chief Field Sales Officer, and Jim Applegate has been appointed Chief Corporate Sales, Strategy and Specialized Freight Officer. In his role as Chief Field Sales Officer, Mr. Dannegger will be responsible for the recruiting and growth of Landstar's independent sales agents. His focus will be to support the more than 1,000 independent agents in their business planning, sales and marketing efforts, cross-selling the full spectrum of Landstar services, and implementation of new tools and technologies to help unlock sales productivity. Mr. Dannegger has been with Landstar for more than 15 years serving in various field sales leadership roles of increasing responsibility, most recently as Senior Executive Vice President in charge of all agent field sales. As Chief Corporate Sales, Strategy and Specialized Freight Officer, Mr. Applegate will be responsible for Landstar's corporate sales efforts, strategic growth initiatives, specialized freight offerings, and business development. Since joining Landstar in 2009, he has served as a vice president in various sales roles including business development, business solutions and corporate sales. Most recently, Mr. Applegate served as Executive Vice President of Business Intelligence and Strategy.
RVSN

Hot Stocks

09:16 EDT Rail Vision enters non-binding MOU with railway technologies company - Rail Vision has entered a non- binding memorandum of understanding with a US-base leading railway technologies company for the distribution of Rail Vision's MainLine and Switch Yard systems. Upon the execution of definitive documentation, the ultimate objective of this engagement is for the distributor to market the Company's solutions across North America.
WAVD

Hot Stocks

09:13 EDT WaveDancer, Firefly Neuroscience receive stockholder approvals for merger - WaveDancer and Firefly Neuroscience, each received the requisite stockholder approvals required to consummate the merger between both companies. The WaveDancer stockholder approval was obtained at a special meeting of its stockholders held on March 14, 2024. The Firefly approval was obtained through a written consent by the holders of a majority of the outstanding voting shares of Firefly. Approval of the proposals by the WaveDancer stockholders will enable WaveDancer to proceed with its merger with Firefly, a medical technology and AI company developing and pioneering innovative neuroscientific solutions to improve outcomes for patients with mental illnesses and neurological disorders. Firefly has developed its FDA 510(k)-cleared Brain Network Analytics software platform and is focused on advancing diagnostic and treatment approaches for people suffering from mental illnesses and cognitive disorders, including depression, dementia, anxiety disorders, concussions, and attention-deficit/hyperactivity disorder. Given stockholder support, WaveDancer will continue forward with its merger efforts and expects the deal to close in Q2 2024, subject to satisfying the closing conditions which include meeting the requirements for the combined company to be listed on Nasdaq. The combined company will focus on continuing to develop and commercialize Firefly's BNA platform, which was previously approved by the U.S. Food and Drug Administration. Upon closing, the combined company is expected to operate under the name Firefly Neuroscience, Inc., and trade on the Nasdaq Capital Market.
APDN MRVI

Hot Stocks

09:10 EDT Applied DNA Sciences enters manufacturing agreement with Alphazyme - Applied DNA Sciences and Alphazyme have entered into an agreement under which Alphazyme will scale-up manufacturing of Applied DNA's proprietary Linea RNA polymerase. Under the terms of the agreement, Alphazyme will perform manufacturing process development, enabling the scaling of Linea RNAP manufacturing from its current research scale to the commercial scale necessary to empower the Company's growing demand for the Company's Linea IVT platform. The Linea IVT platform combines the Company's enzymatically produced Linea DNA IVT templates and its proprietary Linea RNAP to empower the manufacture of better mRNA faster. It enables higher target mRNA yields with reduced double-stranded RNA contamination and simplified mRNA production workflows.
VOXR

Hot Stocks

09:08 EDT Vox Royalty announces dividend reinvestment plan, share repurchase program - Vox Royalty announced that its Board of Directors has adopted a dividend reinvestment plan and approved a share repurchase program. The DRIP provides eligible shareholders of Vox with the opportunity to have all, or a portion of any cash dividends declared on common shares by the Company automatically reinvested into additional common shares, without paying brokerage commissions. At the current time, the common shares will be issued under the DRIP at a 5% discount to the Average Market Price, as defined in the DRIP. The Company has the discretion to cause share issuances under the DRIP to be satisfied by issuing common shares from treasury or through purchases of common shares on the open market including the facilities of the Toronto Stock Exchange, the Nasdaq, or any other alternative open market in Canada or the United States, and will advise as such with each dividend declaration. The Company has adopted the DRIP commencing with its upcoming Q1 2024 dividend. In order to be eligible to receive DRIP shares in lieu of cash for the Q1 2024 dividend, enrollment must be completed by registered shareholders by 5:00 pm on Thursday, March 21, 2024. Beneficial shareholders will need to make arrangements in advance of such time through their brokers and/or nominees in accordance with such parties' internal requirements. For its Q1 2024 dividend, the Company intends to issue common shares from treasury. The Board of Directors of the Company has approved the adoption of an SRP for the repurchase of up to US$1,500,000 of its common shares. The SRP is structured to comply with Rule 10b-18 under the Securities Exchange Act of 1934. The Plan will be administered through an independent broker.
SMCI

Hot Stocks

09:07 EDT Supermicro joins S&P 500 Index - Super Micro has been selected to join the Standard and Poor's 500 Index, which tracks 500 of the most valuable companies traded on the U.S. stock exchanges.
IPG

Hot Stocks

09:07 EDT Interpublic Group announces MullenLowe global CEO Kristen Cavallo to retire - Interpublic Group announced that Kristen Cavallo will be retiring as Global CEO of MullenLowe this spring and will remain available to the company in an advisory capacity until 2025. Cavallo announced that her next move will include applying her deep and varied communications experience to political and societal causes. Cavallo recently announced her successors as CEOs appointing Frank Cartagena at MullenLowe U.S. and Danny Robinson at The Martin Agency. Both were previous Chief Creative Officers who bring those skill sets to the role. Alex Leikikh, Interpublic Executive Vice President and MullenLowe Global Chairman, will resume Global MullenLowe CEO responsibilities, a role he held previously.
BMY KRTX

Hot Stocks

09:07 EDT Bristol Myers completes acquisition of Karuna Therapeutics - Bristol Myers Squibb (BMY) announced that it has successfully completed its acquisition of Karuna Therapeutics (KRTX). With the acquisition's completion, Karuna shares have ceased trading on the Nasdaq Global Select Market and Karuna is now a wholly owned subsidiary of Bristol Myers Squibb. "Through this transaction, BMS has added KarXT, an antipsychotic with a novel mechanism of action and a differentiated efficacy and safety profile, and Karuna's early-stage and pre-clinical pipeline. KarXT has a Prescription Drug User Fee Act, or PDUFA, date of September 26, 2024 for the treatment of schizophrenia in adults. KarXT is also in registrational trials both for adjunctive therapy to existing standard of care agents in schizophrenia and for the treatment of psychosis in patients with Alzheimer's disease, with potential to expand to additional indications, including Bipolar I disorder and Alzheimer's disease agitation. As previously disclosed, the transaction is expected to be dilutive to Bristol Myers Squibb's non-GAAP diluted earnings per share by approximately $0.30 in 2024 from the financing cost of the transaction, which is primarily from a recently completed new debt issuance. Bristol Myers Squibb expects to offset the operational expenses of the transaction through continued disciplined resource allocation, cost efficiencies and portfolio prioritization. Bristol Myers Squibb's cash flows and strong financial profile enable continued commitment to strong investment-grade credit ratings and investment for growth through business development opportunities and distributions to shareholders through ongoing dividends and share repurchases. The transaction will be accounted for as an asset acquisition resulting in an approximately $12 billion one-time, non-deductible Acquired In-Process Research and Development charge impacting both 2024 first quarter and full-year GAAP and non-GAAP EPS by approximately $5.93. Consistent with past practice, Bristol Myers Squibb generally provides updates to its financial outlook once each quarter. When considering Bristol Myers Squibb's financial outlook issued on February 2, 2024, investors and analysts should take into account the impacts outlined above. Bristol Myers Squibb will provide an update to its financial outlook when it reports first quarter 2024 results on April 25," the company stated.
AIRG

Hot Stocks

09:06 EDT Airgain in distribution deal with Techship for NimbeLink product line - Airgain announced that it signed a distribution agreement with Techship for its NimbeLink product line of embedded cellular modems and other wireless-enabled products. Under the agreement, Techship will distribute Airgain's NimbeLink family of plug-in cellular modems globally, supporting OEMs in designing and producing connected devices. "With our new agreement with Techship, Airgain expands its product distribution on two continents," said Lance Laing, Vice President of US Sales for Airgain. "Techship's hyper-focus on embedded wireless designs combined with its strong presence in the European market allow us to capitalize on the interest we have seen in these key geographies. We are excited to work with the Techship team to simplify bringing wireless products...Expanding on the new offering, he stated, "We guide thousands of global companies through deploying wireless solutions in their desired launch regions. Navigating the tedious certification journey in every regional market often involves high costs and extra development time. With Airgain's end-device certified modems, however, we can offer companies a quicker path to global deployment."
WIX

Hot Stocks

09:04 EDT Wix.com announces streamlined approval process for share repurchases - Wix.com announced amendments to the Israeli Companies Regulations, which eliminate, subject to certain conditions, the requirement to obtain mandatory Israeli court approval for share repurchases for companies that were otherwise required to obtain such approval. Companies are still subject to other necessary legal approvals outside of the previously mandatory Israeli court approval. These Relief Regulations will streamline required regulatory approvals for share repurchases, allowing Wix to expedite its ability to begin execution of share repurchase activity. As previously announced, Wix is in the process of pursuing the necessary approvals required under Israeli law, now under the new Relief Regulations, for $225M in additional share repurchases, as authorized by the Board of Directors.
IPCFF

Hot Stocks

09:04 EDT International Petroleum announces results of normal course issuer bid - International Petroleum announced that IPC repurchased a total of 87,600 IPC common shares during the period of March 11 to 15, 2024 under IPC's normal course issuer bid / share repurchase program. IPC's NCIB, announced on December 1, 2023, is being implemented in accordance with the Market Abuse Regulation No 596/2014 and Commission Delegated Regulation No 2016/1052 and the applicable rules and policies of the Toronto Stock Exchange and Nasdaq Stockholm and applicable Canadian and Swedish securities laws. During the period of March 11 to 15, 2024, IPC repurchased a total of 55,000 IPC common shares on Nasdaq Stockholm. All of these share repurchases were carried out by Pareto Securities AB on behalf of IPC.
SCLX

Hot Stocks

09:04 EDT Scilex provides responses to product composition questions related to ELYXYB - Scilex Holding Company announced that it has responded to questions on the product composition in the ELYXYB patent from Health Canada's Office of Patented Medicines and Liaison during review of a New Drug Submission to Health Canada's Pharmaceutical Drugs Directorate, Bureau of Cardiology, Allergy and Neurological Sciences for the approval of ELYXYB for acute treatment of migraine with or without aura in Canada. Clinicians in a recent market research study expressed their desire for fast and safe alternatives for two large pools of acute migraine patients - those who have an insufficient response to triptan therapy and those who have contraindications to triptan use. ELYXYB's product profile mapped with a high degree of certainty to these stated unmet needs.
STRC

Hot Stocks

09:04 EDT Sarcos Technology changes name to Palladyne AI - Sarcos Technology announced that effective immediately, the company has changed its name to Palladyne AI. Effective April 8, the company's ticker symbol will change to (PDYN). The new name reflects the company's narrowed focus on commercializing the artificial intelligence and machine learning software that it has been developing since 2020.
TALO TTE

Hot Stocks

09:03 EDT Talos Energy to sell TLCS to TotalEnergies for $148M - Talos Energy (TALO) announced that it has entered into an agreement for the sale of its wholly owned subsidiary, Talos Low Carbon Solutions, to TotalEnergies E&P USA (TTE) for a purchase price of $125M plus customary reimbursements, adjustments and retention of cash, combined totaling approximately $148M. The transaction was based on an effective date of January 1, 2024 and will close later today. Talos intends to use the proceeds from the sale to immediately repay borrowings under its credit facility and for general corporate purposes. The sale includes Talos's entire carbon capture and sequestration business, including its three projects along the U.S. Gulf Coast: Bayou Bend CCS LLC, Harvest Bend CCS LLC and Coastal Bend CCS LLC. Talos may realize additional future cash payments upon achievement of certain milestones at the Harvest Bend or Coastal Bend projects or upon a subsequent sale of these projects by TotalEnergies. Robin Fielder, Talos Executive Vice President, Low Carbon Strategy and Chief Sustainability Officer, will continue to serve in her role for a transition period before leaving Talos to pursue other opportunities.
TTOO

Hot Stocks

09:02 EDT T2 Biosystems announces new publication on T2Resistance Panel - T2 Biosystems announced the publication of a new study highlighting the clinical benefits and performance of real-world use of the T2Resistance Panel in The Journal of Clinical Microbiology. The European study demonstrated high accuracy for the T2Resistance Panel, faster detection times, and the impact of faster test results on clinical interventions based on T2 sepsis test results. "This publication is the strongest demonstration to date of the clinical impact the T2Resistance Panel in a real-world hospital setting," said John Sperzel, Chairman and CEO of T2 Biosystems. "We believe the growing dataset will be a catalyst for increased adoption in countries that accept the CE Mark where the T2Resistance Panel is currently available. We also believe the international clinical experience with direct-from-blood detection of resistance genes is an important precursor to our launch in the U.S. market, where we have already received Breakthrough Device designation from the U.S. Food and Drug Administration, and plan to submit a 510(k) premarket notification to the FDA later this year."
VCIG

Hot Stocks

09:02 EDT VCI Global acquires AI-based secured messaging platform from Cogia GmbH - VCI Global announced it has closed transaction with Cogia GmbH, by successfully acquired Socializer Messenger from Cogia GmbH, a software company based in Germany. This highly secure messenger platform is currently serving the government of a NATO founding EU country. "We are very excited about today's announcement that VCI Global has successfully added another innovative product, the Socialized Messenger, to our technology portfolio. We look forward to introducing more innovative technology products to our clients and partners in the near future," said Dato' Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global.
ARHS

Hot Stocks

08:58 EDT Arhaus presents Outdoor 2024 Collection - Arhaus reveals its Outdoor 2024 Collection, 'Echoes.' Showcasing new silhouettes in striking all-weather materials and durable performance fabrics, 'Echoes' encourages the creation of new memories in everlasting style, while reflecting upon the unforgettable moments that make outdoor living cherishable. The complete Outdoor 2024 Collection is now available online at Arhaus.com and in more than 90 Arhaus showrooms nationwide.
MDXXF

Hot Stocks

08:57 EDT Cortexa supplies GMP psilocybin under TGA authorized prescriber scheme - PharmAla Biotech announced that, through its joint venture, Cortexa, in what is an Australian and the Company believes a world first, has supplied GMP Psilocybin for therapeutic use outside of a clinical trial to a patient under the authorised prescriber scheme. The patient was being treated with Psilocybin for treatment resistant depression. In doing so, Cortexa is now established as the only Australian company able to immediately supply and deliver both GMP MDMA and Psilocybin for both clinical trials and prescriptions via the TGA's Authorised Prescriber Scheme.
WLDS

Hot Stocks

08:50 EDT Wearable Devices publishes report by XR team on Mudra Band - Wearable Devices published a comprehensive report by its XR team reviewing the latest developments in the wearable technology market, focusing on extended reality. This comprehensive report draws on extensive research into Human-Computer Interaction to present a detailed overview of the innovative strides made by industry leaders such as Apple and Meta, as well as the pioneering role of the company's Mudra Band in advancing smart glasses technology. In their report, the XR team from Wearable Devices elucidates the growing dynamism and mainstream appeal of the smart glasses market, notably accelerated by the entrance of major players such as Meta and Apple. This strategic participation not only energizes the market but also serves as a dual endorsement of the underlying technology and user experience. The report puts a spotlight on the myriad methods of HCI currently revolutionizing the field of smart glasses. These range from touchless and hands-free interfaces, advanced eye-tracking, to the cutting-edge realms of neural interface wristbands and thought-based brain implants. Apple has leaned in its Spatial experience and Apple Vision Pro, towards integrating gesture cameras and sensors for pointing and eye tracking for navigation, focusing on blending advanced user experiences with accessibility and intuitiveness. On the other hand, Mark Zuckerberg and Meta are championing the cause of neural interfaces in the Meta Quest series, pushing forward the frontier of HCI with a belief in the vast potential of neural control to provide even more natural and intuitive digital interactions.
MELI

Hot Stocks

08:49 EDT MercadoLibre publishes 2024 Institutional Presentation for Investors - MercadoLibre published its 2024 Institutional Presentation for Investors, which is available on the company's Investor Relations website via the following link: https://investor.mercadolibre.com/investor-presentation/.
OMQS

Hot Stocks

08:48 EDT Omniq secures contract from restaurant chain for self-ordering platform - OMNIQ announced a landmark contract with a renowned American hamburger chain. This collaboration marks a significant milestone as the company ventures into the Israeli market, with its first branch now open in Tel Aviv. The contract signifies the beginning of a strategic partnership, with plans to equip four more branches within Israel by the end of this year. This endeavor not only underscores OMNIQ's pivotal role in enhancing the dining experience but also its commitment to innovation and quality. Under this agreement, OMNIQ will furnish the restaurant's Israeli branches with full OMNIQ equipment, integrating state-of-the-art computer systems designed for the Kitchen Display System. This technology streamlines kitchen operations, ensuring orders are prepared efficiently and accurately, enhancing customer satisfaction. Additionally, OMNIQ will introduce new, special Fintech self-order compact kiosks to these Israeli outlets. These kiosks are designed to optimize the ordering process, allowing customers to place orders conveniently, thus reducing wait times and improving the overall dining experience.
XPL

Hot Stocks

08:42 EDT Solitario expands Geyser gold target with multi-gram gold assay results - Solitario Resources reports that it has significantly expanded, and better defined through infill rock sampling, the Geyser gold zone area on its Golden Crest project. Recently received assay results from reconnaissance rock sampling of outcrop, sub-crop and float from the 2023 field season yielded gold values as high as 171.5, 108.0, 78.6 and 59.9 grams per tonne gold. Geyser was previously reported as three separate zones: Geyser, Spur and Zig Zag. Results from the 2023 reconnaissance rock grab sampling program resulted in these three zones coalescing into a single zone that is now solely referred to as the Geyser Zone. The complete Geyser dataset from the 2022 and 2023 field seasons totals 515 rock grab samples. Ninety-nine of these samples have returned values in excess of 1.0 gpt gold, with 36 exceeding 10 gpt gold. The Geyser Zone is V-shaped and is believed to represent two intersecting structural trends. The west limb is a broad rectilinear zone that trends north-south and is 1,200 meter long and up to 600 meters wide. At its southern end, a distinct, structurally controlled zone branches off to the northeast for 1,100 meters forming the eastern limb of the V-shaped surface mineralization. This zone varies from 200 to 400 meters in width. A third, less-well defined subzone exists east of this structure. The two primary limbs to the Geyser prospect are characterized by scattered, but widespread, high-grade gold values surrounded by large zones of lower-grade mineralization between 0.2 to 2.0 gpt gold. Previously reported Spur Trench 1 results, 0.82 gpt gold over a continuously sampled 234-meter trench in bedrock and sub-crop, exemplifies this lower-grade halo. Chris Herald, President and CEO of Solitario, stated: "We believe Geyser has developed into one of the most exciting greenfields gold exploration targets in North America. Mineralization defined to date at Geyser displays a widespread distribution of very high-grade gold in surface samples, within an overall halo of lower-grade gold. We remain amazed at the strength of this 80-square kilometer hydrothermal gold system, and the fact that it remained undiscovered throughout the 150-year history of exploration and mining in the northern Black Hills. We are confident that with continued surface exploration, this strongly mineralized area will continue to expand. We are still receiving assay results for rocks collected during 2023 and anticipate releasing additional results in the next several weeks."
LSEA

Hot Stocks

08:41 EDT Landsea Homes commences private offering of senior notes - Landsea Homes intends to offer $300,000,000 aggregate principal amount of senior notes due 2029. subject to market conditions and other factors. The Notes will be guaranteed, jointly and severally, on a senior unsecured basis, by all of the Company's material wholly owned subsidiaries as of their issuance and will rank pari passu with all other unsecured and unsubordinated indebtedness of the Company and Guarantors. The Company intends to use the net proceeds from the sale of the Notes to pay down a portion of the outstanding borrowings under its revolving credit facility.
SRM

Hot Stocks

08:41 EDT SRM Entertainment announces Clarida to lead Product Design Team - SRM Entertainment announced that Michael Clarida, a visually creative and result oriented specialist with over 25 years of marketplace experience, will lead SRM's Product Design Team. With extensive experience in product design, toy design, 2D and 3D concepts, apparel, fashion, as well as production spec-pacs, Clarida has a successful track record of helping to bring the magical inspirations of developers and creatives to life. "SRM is building a strong design team dedicated to bringing innovative product concepts to life for theme park customers worldwide. Ambitious objectives reflect company leaders' belief in the importance of setting strong goals on a regular basis. As a result, we will continue creating fun new products that help build our reputation as an industry leader in our space" stated SRM's CEO Rich Miller.
NXT

Hot Stocks

08:40 EDT Nextracker CFO David Bennett to transition to CAO, Charles Boynton to succeed - Nextracker announced the appointment of Charles Boynton as CFO, effective after he completes his tenure with his current employer, which is expected in May. Nextracker's current CFO, David Bennett, will continue to serve in this role until transitioning to chief accounting officer, or CAO, once Boynton joins the company. Boynton has more than 30 years of finance and accounting experience, as well as significant experience in the solar industry. Boynton will lead Nextracker's global finance and accounting organization and will report directly to founder and CEO, Dan Shugar. Boynton has been on Nextracker's board since February 2023 and will step down from that position effective immediately.
VRSSF MSFT

Hot Stocks

08:40 EDT Verses Technologies names Kipman as Strategic Advisor - VERSES AI (VRSSF) announces that Alex Kipman, CEO and Founder of Analog AI has joined as a Strategic Advisor. Kipman spent over two decades at Microsoft (MSFT), most recently in the role of Corporate Vice President/Technical Fellow, Mixed Reality and Artificial intelligence.
NFE

Hot Stocks

08:40 EDT New Fortress Energy sells emergency power plants in PR to PREPA for $373M - New Fortress Energy announces two transactions that further solidify our commitment to providing affordable and sustainable energy solutions in Puerto Rico. The Company sold the emergency power plants it constructed on behalf of the U.S. Army Corps of Engineers in San Juan and Palo Seco to PREPA for $373M in cash, subject to certain items and conditions. These plants were developed by the Company in 2023 in rapid response to a competitive bid by the U.S. Army Corps of Engineers to provide emergency power in order to stabilize the power grid in Puerto Rico. They have become a cornerstone of Puerto Rico's energy portfolio, delivering critical baseload power to stabilize the grid in the aftermath of recent natural disasters, and as contemplated, their ownership has been transferred to PREPA.
BBKCF

Hot Stocks

08:40 EDT Bigg Digital Assets announces public service initiative on digital asset scams - BIGG Digital Assets announces a significant public service initiative. This initiative is aimed at aiding small capitalization companies in safeguarding against investment fraud. BIGG reassures its stakeholders that it remains untouched by any such fraudulent activities. This announcement is fueled by critical insights gained through open-source intelligence and firsthand accounts of fraud victims. Investment scams, while varied in their complexity, exploit the universal desire for quick financial gains. These schemes often involve direct communication through emails, texts, or social media, enticing victims with the promise of investment in exchange for a surety in digital assets such as Bitcoin, Ethereum, USDT, or USDC. The scammers may fake legitimacy through fabricated web presences and insist on upfront payments in digital currency. Individuals and companies must remain vigilant and conduct thorough due diligence before proceeding with any investment offer. Blockchain Intelligence Group is also warning of specific threats like the Meta-Mask Wallet Drainer Malware, targeting the corporate officers of small-cap companies. The way Meta-Mask Wallet Drainer Malware is a malicious tool or script that is specially designed to transfer or redirect cryptocurrency from a victim's wallet to that under the control of an attacker. Illicit actors gain access to the victim's computer by sending them a file hat has this malware embedded within it. Taking immediate action is imperative for any suspected scam victims. If a victim suspects they have any potentially infected computers they should seek advice from a qualified IT person. Any victim, once it's clear a scam has occurred, should follow a process that involves prompt notification to their local law enforcement. The next notification should be to Blockchain Intelligence Group, which will begin to follow every move the scammers make on the blockchain. This is a fee-based service offered by Blockchain Intelligence Group. This will give law enforcement the time needed to get familiar with the case and make notifications to involve digital asset exchange providers. Leveraging over 30 billion data points from both on-chain and open-source intelligence, along with our advanced analytics platform, QLUE, we provide unparalleled capabilities in monitoring digital asset transactions. This technology, coupled with our dedicated team of digital asset investigators, enables continuous tracking and eventually leads to the unmasking and apprehension of culprits. Our recent successes include the interruption of scams aimed at small-cap CEOs, resulting in the freezing of fraudulent assets across multiple exchanges pending further legal action. We recognize the obstacles law enforcement faces in digital asset investigations, mostly due to a lack of specialized training and access to competent data analytics tools. Blockchain Intelligence Group is committed to bridging this gap by offering our resources, software, and expertise to assist law enforcement agencies in effectively combating the $4.5 billion investment scam industry.
SHOT

Hot Stocks

08:39 EDT Safety Shot appoints Long to board of directors - Safety Shot announces that David Long, the CEO and co-founder of Orangetheory Fitness, has joined the company's Board of Directors. Long has over 20 years of experience in the fitness and wellness industries, leading and increasing growth for companies.
NOW

Hot Stocks

08:38 EDT ServiceNow to acquire 4Industry, terms undisclosed - ServiceNow announced it has signed an agreement to acquire 4Industry, a Netherlands-based partner whose manufacturing technology application is built on the Now Platform, and has completed the acquisition of Smart Daily Management, a connected digital worker application from EY. The technology and industry expertise from 4Industry and the Smart Daily Management application will be utilized to build a new Connected Worker solution on the ServiceNow platform, expected in 2025.
ELAB

Hot Stocks

08:38 EDT Elevai Labs announces the launch of its online E-commerce portal - ELEVAI LABS announces the launch of its online E-commerce portal. The new E-commerce portal serves as a business-to-business extension of the Company's existing B2B relationship with physician dispensed providers currently offering ELEVAI products in the $19.7 billion global industry. Through the Company's online platform, retail customers can now select a physician provider to start their personalized skin care journey. Dr. Jordan Plews, CEO, expressed his enthusiasm, "As a physician-dispensed skincare line, ELEVAI believes that the purchase of ELEVAI Skincare products is best made through an authorized ELEVAI Skincare Professional. This reflects our commitment to our valued and carefully selected Dermatologists, Plastic Surgeons, and other Skincare Professionals with the medical knowledge and experience needed to guide patients on their skincare journey and maintain the fidelity of the brand."
BREA

Hot Stocks

08:37 EDT Brera Holdings announces 'FENIX Trophy Final Four' matches - The FENIX Trophy Tournament has announced its "Final Four" host location and dates. After last year's exciting final stage played in Milan's legendary San Siro Stadium setting, the third edition of the tournament, which has expanded to 12 iconic non-professional teams from 10 different countries to convey a new vision of football, will be held from May,10 to 12 in Desenzano del Garda, an idyllic town located on the southern shore of Northern Italy's beautiful Lake Garda. The 'Tre Stelle' stadium will host the semi-finals and finals. Currently only Lewes FC, a community club devoted to the drive for gender equality through the Equality FC project supported by Nike, is certain of its trip to Italy. Also in the hunt is United of Manchester, a supporter-owned and democratically run club famously created by Manchester United fans after that club's takeover by the Glazer family in May 2005 with the motto "our club, our rules." The Prague Raptors, very active in supporting projects such as Farenet, HerGameToo, and Football v Homophobia, as well as children-focused charities, is expected to make a run for the finals. London-based Enfield Town, first fan-owned club set up in British football in 2001, is also one step away from qualifying. The two semi-finals will be played on Friday May 10 at 6.30 p.m. and 9.00 p.m. Sunday May 12 will be entirely dedicated to the championship finals. The third v. fourth place final will start at 2.00pm, and the decisive first v. second place final will kick off at 4.30 p.m.
MBLY

Hot Stocks

08:37 EDT Mobileye winds down aftermarket solutions unit impacting 130 employees globally - Mobileye has chosen to wind down its aftermarket solutions unit that provides retrofitted advanced driver assistance technology, after a thorough review of this unit's business prospects and investment needs. As automakers and other vehicle manufacturers have steadily increased the rate at which integrated ADAS solutions are installed on new vehicles, the demand and future addressable market for retrofitted ADAS solutions has declined. As a result, this division has seen its revenues decline meaningfully, to roughly $40M on an annual basis, and in recent years has not positively contributed to Mobileye profitability. "This was a very difficult decision," said Prof. Amnon Shashua, President and CEO of Mobileye. "The IMS division, formerly known as Aftermarket, was an early driver of Mobileye's leadership, demonstrating that road safety can be effectively delivered at a low cost, a key catalyst for increasing adoption of ADAS technologies on new vehicles. Unfortunately, the success of Mobileye's built-in ADAS solutions has diminished the opportunities for retrofit solutions to the point where it is no longer viable to continue the retrofit solutions activity." This move will focus Mobileye's resources on the tremendous opportunities for delivering more advanced forms of driver assist technologies and autonomous driving. The company will work to support about 130 employees affected by the shutdown worldwide over the near-term and remains committed to satisfying the needs of existing IMS customers over the medium-term. Mobileye will also continue offering and servicing customers of its General Safety Regulation GSR solutions for commercial vehicle manufacturers. This action is not expected to have any material impact on Mobileye's 2024 results.
OTLY

Hot Stocks

08:36 EDT Oatly teams up with Barry's to bring Oatmilk to in-studio fuel bars nationwide - Oatly Group kicked off a marketing partnership with global fitness brand Barry's today, bringing the Company's new Unsweetened Oatmilk to Fuel Bar menus in Barry's studios nationwide. Barry's Fuel Bars provide clients with pre-and-post workout shakes that aid in their fitness goals and recovery. Beginning today, March 18, and running through April 22, Oatly is available at 40 Barry's locations throughout the US, marking the first oatmilk option available at the premium workout studio's Fuel Bar.
NRXP

Hot Stocks

08:36 EDT NRx Pharmaceuticals announces plan to distribute shares of HOPE Therapeutics - NRx Pharmaceuticals announced that its Board of Directors has authorized its Chairman and management to take all necessary steps to affect a dividend of HOPE Therapeutics stock along with a royalty right of 1% of Ketamine sales to NRXP Shareholders and applicable warrant holders. The intent of the Board is to distribute 49% of HOPE stock in this dividend. Shares of HOPE are planned to be publicly listed. Instructions and further details will be communicated through the company's website and usual channels as they become available.
GAIA

Hot Stocks

08:36 EDT Gaia launches Gaia+ streaming platform - Gaia announced the launch of Gaia+ an evolution of Gaia's premium membership tier, creating the world's most extensive streaming platform for transformation, spiritual growth and consciousness expansion. Available across mobile and connected TV devices, Gaia+ not only provides members access to immersive workshops and live events, but also includes guided programs featuring the foremost experts in personal development and healing along with 8,000+ inspirational documentaries and series, all in one place. Gaia+ is meticulously crafted to empower the community on their personal transformation journey by providing expert guides who offer supportive guidance every step of the way. These guides offer members the opportunities and techniques to find purpose, release emotional baggage, rediscover joy, build resilience, alleviate stress, and manifest abundance, among other strategies. Gaia is consistently curating new events, guides and experts, with fresh content frequently uploaded to the platform to add to the world's largest conscious media library.
TNYA

Hot Stocks

08:35 EDT Tenaya announces publication of TN-401 gene therapy preclinical data - Tenaya Therapeutics announced the publication of its preclinical research related to its gene therapy candidate, TN-401, in the current issue of Nature Communications Medicine. "Following a single infusion of our AAV9-based PKP2 gene therapy in a severe knock-out mouse model of the disease, PKP2 protein levels were restored. This led to dose-dependent improvements in right ventricular dilation and ejection fraction, reductions in arrhythmia frequency and severity, and prevention of adverse fibrotic remodeling, with near-maximal efficacy achieved at the 3E13 vg/kg dose." said Tim Hoey, Ph.D., Chief Scientific Officer of Tenaya.
ATOS

Hot Stocks

08:35 EDT Atossa Therapeutics regains compliance with Nasdaq minimum bid price rule - Atossa Therapeutics received written notice from the Listing Qualifications Department of The Nasdaq Stock Market that the Company has regained compliance with the minimum closing bid price requirement under Nasdaq Listing Rule 5550(a)(2). Atossa is a clinical stage biopharmaceutical company developing innovative medicines in areas of significant unmet medical need in oncology, with a focus on using (Z)-endoxifen to prevent and treat breast cancer. As previously disclosed, on September 26, 2023, the Company was notified by Nasdaq that it was not in compliance with Nasdaq Listing Rule 5550(a)(2) because its common stock failed to maintain a minimum closing bid price of $1.00 per share for 30 consecutive business days. To regain compliance, the Company was required to maintain a minimum closing bid price of $1.00 per share for at least 10 consecutive trading days. This requirement was met on March 14, 2024.
EGIO

Hot Stocks

08:34 EDT Edgio to delay filing 10-K due to onboarding of new audit team - The company states: "As previously disclosed, on December 18, 2023, the Company received notice that the Company's previous independent registered public accounting firm had decided to resign as independent registered public accounting firm of the Company, effective that day. The Audit Committee of the Board of Directors of the Company accepted the previous independent registered public accounting firm's resignation. The Audit Committee engaged in a thorough search for a new independent registered accounting firm and on January 26, 2024, the Company engaged a new independent registered public accounting firm. The onboarding of a new audit team takes considerable time in order for the new audit firm to familiarize itself with the Company's accounting and financial processes. Due to the engagement of a new independent registered public accounting firm in the first quarter of 2024, which is late in the normal auditing process, the completion of the Company's public company audit is delayed and the annual report on Form 10-K will be late."
UPH

Hot Stocks

08:33 EDT UpHealth completes sale of Cloudbreak Health at $180M full cash deal - UpHealth announced that it completed its previously announced sale of Cloudbreak Health, best known for its Martti translation offering, to a newly formed entity controlled by GTCR LLC for $180 million in gross cash proceeds on March 15, 2024. The $180 million in gross proceeds will be used to pay all closing expenses including any potential liability for taxes on the sale and paying down the Company's debt, including all of the Company's $115 million 2026 Notes and a substantial portion of its $57.2 million 2025 Notes. "The Cloudbreak sale transaction will significantly deleverage our balance sheet, stabilize our business and empower us to concentrate our resources on TTC Healthcare," said Martin Beck, Chief Executive Officer. "TTC is a profitable and cash-generating behavioral health business with an incredibly bright future and we look forward to working with our talented team to profitably scale and deliver high-quality care to more patients. We are proud to continue to increase our presence in the behavioral health sector which is one of the most critical healthcare verticals for all U.S. and global citizens, regardless of age, gender, sexual orientation, religion, nationality and ethnicity."
CAUD

Hot Stocks

08:33 EDT Collective Audience launches AudienceDesk powered by AudienceCloud - Collective Audience has launched AudienceDesk powered by AudienceCloud. The powerful new AdTech and MarTech solution brings together publisher supply, brand and agency demand, together with unique audience data, into a unified cloud platform. AudienceCloud's AI-driven capabilities and data infrastructure empowers users with a next generation technology stack. It includes applications that enable them to easily and cost-efficiently build, reach, connect and monetize using the singular AudienceDesk interface. The easily deployed AudienceCloud API can also be used to integrate the technology into existing third-party platforms and environments.
CSCO SPLK

Hot Stocks

08:33 EDT Cisco completes acquisition of Splunk - Cisco (CSCO) announced it completed the acquisition of Splunk (SPLK), setting the foundation for delivering unparalleled visibility and insights across an organization's entire digital footprint. Cisco and Splunk notified Nasdaq of the completion of the acquisition and requested that Nasdaq file a notification of delisting with the SEC on Splunk's behalf. Splunk's common stock ceased trading on Nasdaq prior to the opening of trading on March 18.
DERM

Hot Stocks

08:33 EDT Journey Medical announces U.S. FDA acceptance of NDA for DFD-29 - Journey Medical Corporation announced that the FDA has accepted the Company's New Drug Application, NDA, for DFD-29 for the treatment of inflammatory lesions and erythema of rosacea in adults. The FDA has set a Prescription Drug User Fee Act, PDUFA, goal date of November 4, 2024. "We are pleased that the FDA has set a PDUFA date of November 4, 2024 for DFD-29 and we look forward to collaborating with the agency throughout the review process in order to bring this unique treatment option to patients suffering from rosacea," said Claude Maraoui, Co-Founder, President and Chief Executive Officer of Journey Medical. "If approved, we believe that DFD-29 will be the only oral medication to address both inflammatory lesions and erythema from rosacea, and will be a preferred treatment option by physicians and their patients to address the condition."
CTXR

Hot Stocks

08:31 EDT Citius Pharmaceuticals: FDA accepts BLA resubmission of LYMPHIR - Citius Pharmaceuticals announced that the U.S. FDA has accepted the resubmission of the company's Biologics License Application for LYMPHIR, an IL-2-based immunotherapy for the treatment of patients with relapsed or refractory cutaneous T-cell lymphoma after at least one prior systemic therapy. The FDA has assigned a PDUFA goal date of August 13, 2024.
FSR

Hot Stocks

08:24 EDT Fisker reports financing commitment, negotiations with automaker for investment - Fisker announced a financing commitment from an existing investor providing up to $150M of gross proceeds. The financing is being provided by the holder of the company's 2025-dated convertible notes and will be organized in four tranches. The financing is subject to certain conditions, including the filing of Fisker's 2023 Form 10-K. Fisker is also continuing negotiations with a large automaker for a potential transaction which could include an investment in Fisker, joint development of one or more electric vehicle platforms, and North America manufacturing. The closing of any transaction would be subject to satisfaction of important conditions, including completion of due diligence and negotiation and execution of appropriate definitive agreements. Fisker has produced approximately 1,000 vehicles in 2024 through March 15, and has delivered approximately 1,300 globally in that same timeframe. The company has approximately 4,700 vehicles in its currently inventory, carried over from 2023 and including 2024 production. While it has not completed an NRV analysis for 2024, Fisker believes the completed vehicle value for its inventory as of March 15 is in excess of $200M. Fisker will pause production for six weeks starting the week of March 18, 2024, to align inventory levels and progress strategic and financing initiatives.
FRZA

Hot Stocks

08:22 EDT Forza X1 appoints Joseph Visconti as interim CEO, Daniel Norton as president - Forza X1 announced last week the appointment of Joseph Visconti as the Company's Interim CEO and Daniel Norton as the Company's President, effective immediately. They replace Jim Leffew, who notified the Company of his resignation on March 6th. Visconti currently serves as Forza's Executive Chairman and Chief of Product Development in addition to his recent appointment as Interim CEO. Norton has been an integral part of the Company since its creation in 2021, serving as its Director of Engineering.
INTZ

Hot Stocks

08:20 EDT Intrusion announces 1-for-20 reverse stock split, exchange agreement - Intrusion announced that following approval from stockholders at the Special Meeting of Stockholders on March 15, 2024, the Company intends to effectuate a 1-for-20 reverse stock split of its issued and outstanding shares of common stock, par value $0.01 per share. The Company also announced today that it has entered into an exchange agreement with Streeterville Capital, LLC to exchange an aggregate $9,275,000 in senior debt pursuant to notes issued in March and June of 2022 for a newly designated Series A Preferred Stock. The 1-for-20 reverse stock split and entry into the Exchange Agreement are part of the Company's plan to regain compliance with the minimum bid price requirement of $1.00 and the equity standard for continued listing on the Nasdaq Capital Markets.
LAB

Hot Stocks

08:19 EDT Standard BioTools announces exchange of all oustanding Series B Preferred stock - Standard BioTools has exchanged all outstanding shares of its Series B Convertible Preferred Stock for shares of common stock pursuant to an agreement with stockholders affiliated with Viking Global Investors and Casdin Capital. Under the terms of the exchange agreement, Standard BioTools issued a total of approximately 93 million shares of common stock in exchange for all of the Series B Preferred at an exchange price of $2.75 per share. This exchange price resulted in the issuance of approximately 17.8 million additional shares of common stock, as compared to the shares of common stock issuable under the Series B Preferred's stated $3.40 per share conversion price. The issuance of the incremental shares of common stock represents less than 5% dilution on an as-issued basis, and has resulted in the elimination of all Series B Preferred senior rights, including the elimination of the approximately $250 million liquidation preference, the put right in the event of a change in control and Series B Preferred governance rights. As a result, the Company now has approximately 382.5 million shares of common stock outstanding. TD Cowen served as financial advisor to the Special Committee of the Board of Directors and Mintz, Levin, Cohn, Ferris, Glovesky and Popeo served as legal counsel.
DGLY

Hot Stocks

08:19 EDT Digital Ally's Kustom Entertainment launches Kustom Tickets Platform - Kustom Entertainment, current subsidiary of Digital Ally, unveils Kustom Tickets, an advanced online ticketing platform designed to offer users a seamless and enjoyable ticket-buying experience. Stan Ross, CEO of Kustom Entertainment, expressed his enthusiasm about the launch, stating, "Kustom Tickets is a testament to our commitment to providing exceptional experiences for our audience. We believe that buying tickets should be as enjoyable as attending the events themselves. We've combined innovative design, user-friendly features, cutting-edge technology, and transparent pricing to create a platform that sets a new standard in the world of online ticketing and introduces a new revenue stream for Kustom Entertainment. Along with the recent acquisition of the Country Stampede Music Festival, the launch of Kustom Tickets positions Kustom Entertainment for a tremendous 2024."
MYNZ

Hot Stocks

08:18 EDT Mainz Biomed to host educational webinar on Colorectal Cancer - Mainz Biomed, in collaboration with Ganzimmun, will host an educational webinar on Early Detection of Colorectal Cancer: New Laboratory Diagnostic Options which is taking place on March 20, 2024. Designed for pharmacists, physicians, and healthcare professionals, this online training session aims to shed light on innovative laboratory diagnostic approaches for colorectal cancer screening.
WISH

Hot Stocks

08:18 EDT ContextLogic files proxy statement regarding proposed transaction with Qoo10 - ContextLogic announced that a special meeting of its stockholders has been called to consider and vote on its proposed transaction with Qoo10, among other related proposals. As previously announced on February 12, 2024, a Qoo10 wholly owned subsidiary will acquire substantially all of the Company's operating assets and liabilities, principally comprising its Wish ecommerce platform, for approximately $173 million in cash, subject to certain purchase price adjustments. Taking into account the Company's current estimates of the impact of those purchase price adjustments, the Company estimates that ContextLogic's cash on hand would be approximately $150 million to $157 million if the Asset Sale closes on or about April 16, 2024. The Special Meeting will be held virtually on April 12, 2024 at 10 a.m. Pacific time, and ContextLogic stockholders of record at the close of business on March 7, 2024 are entitled to vote at or in advance of the Special Meeting. The ContextLogic Board of Directors unanimously recommends that ContextLogic stockholders vote "FOR" all proposals to be voted on at the Special Meeting. Following the close of the Asset Sale, ContextLogic will have limited operating expenses and a balance sheet that will be debt-free and will include net cash proceeds from the Asset Sale, approximately $2.7 billion of Net Operating Losses carryforwards and certain retained assets. The Board intends to use the proceeds from the transaction to help utilize its NOLs. The Board also intends to explore the opportunity for a financial sponsor to help ContextLogic realize the value of its tax assets. The Board is unanimous in its view that the proposed sale of the Company's operating assets and liabilities, while preserving the significant NOLs and certain other tax attributes, represents the best path forward to maximize value for ContextLogic stockholders. The Company's post-closing Board will conduct a careful and extensive review of available opportunities for the Company's NOLs and certain other tax attributes, and there is no set timeframe for completing the exploration of alternatives. The expectation is that, after that review has run its course, the Board will authorize the Company to distribute its cash to stockholders if the Board eventually determines that it will be unable to utilize the NOLs and certain other tax attributes. The Company expects to complete the transaction in the second quarter of 2024, subject to the approval of ContextLogic's stockholders and other customary closing conditions. To facilitate the solicitation of proxies in connection with the Special Meeting, the Company has filed definitive proxy materials with the U.S. Securities and Exchange Commission.
CKPT AZN

Hot Stocks

08:17 EDT Checkpoint Therapeutics appoints Sharma to board of directors - Checkpoint Therapeutics (CKPT) announced the appointment of Amit Sharma, M.D., FACP, FASN, FNKF, to its Board as an independent, non-executive director, effective immediately. Dr. Sharma currently serves as Vice President of Clinical Development and Therapeutic Head for Nephrology and Hematology at Alexion, AstraZeneca (AZN) Rare Disease.
RTC

Hot Stocks

08:16 EDT Baijiayun receives Nasdaq notice of non-compliance - Baijiayun Group announced that it received a notification letter dated March 14 from the Listing Qualifications Department of The Nasdaq Stock Market indicating that the company is not in compliance with the minimum bid price requirement set forth in Rule 5450(a)(1) of the Nasdaq Listing Rules as the closing bid price of the company's Class A ordinary share has been below $1.00 per Share for a period of 30 consecutive trading days. The company intends to monitor the closing bid price of its Shares and will continue to consider its available options to regain compliance with the minimum bid price requirement under the Nasdaq Listing Rules. The company is currently in compliance with all other Nasdaq continued listing standards. The Notification Letter does not affect the company's business operations, its U.S. SEC reporting requirements or contractual obligations.
INFN

Hot Stocks

08:16 EDT Infinera, Orange International Network establish long-term partnership - Infinera announced a new partnership with Orange, one of the world's leading telecommunications operators. This partnership sets the foundation for a collaboration on Orange's international backbone network. Orange selected Infinera's GX Series compact modular networking platform based on its ability to provide high-capacity connectivity with excellent economics. This solution will enable Orange to continue to deliver superior services across its footprint for its wholesale customers as bandwidth requirements continue to grow. "Infinera looks forward to our long-term partnership with Orange to deliver our GX Series solution on Orange's new and existing optical transport routes, expanding Orange's offerings to network operators and wholesale carriers, with resilient and reliable global connectivity capability," said Nick Walden, Senior Vice President, Worldwide Sales, Infinera.
LFVN

Hot Stocks

08:15 EDT LifeVantage wraps up Momentum Academy 2024 - LifeVantage Corporation proudly celebrated Consultant success at Momentum Academy 2024 from March 14-16 at the Gaylord Opryland Resort & Convention Center in Nashville, Tennessee. The event was a significant milestone in the Company's commitment to growth, embodying the 'Rise Up' theme and showcasing the U.S. launch of a revamped TrueScience Activated Skincare Collection as well as the introduction of TrueScience TrueProtect Daily Mineral Sunstick, a broad-spectrum, mineral-based, sheer sunscreen. Momentum Academy 2024 offered attendees an extraordinary chance to advance their businesses through an innovative format. Workshops, seminars, and keynotes provided deep dives into enrollment, retention, and advancement strategies, laying a robust foundation for entrepreneurial growth consistent with the 'Rise Up' theme. In addition to the new products, the event saw the launch of new Consultant Enrollment Packs and Subscription stacks, highlighting the best of inside Activation, outside Activation and the best of both, Liquid Collagen. In addition, New Activation videos were introduced along with targeted Enrollment Pack promotions to help drive growth. A Rise Retreat was also announced as part of the Rise Era Incentive for Consultants achieving specific milestones.
CATX BMY

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08:15 EDT Perspective Therapeutics announces collaboration agreement with Bristol Myers - Perspective Therapeutics (CATX) announced a clinical trial collaboration agreement with Bristol Myers Squibb (BMY) to evaluate the safety and tolerability of Perspective's targeted alpha-particle therapy 212PbVMT01 in combination with Bristol Myers Squibb's nivolumab in patients with histologically confirmed melanoma and positive melanocortin 1 receptor imaging scans. This combination study is an amendment to the Company's ongoing Phase1/2a study of 212PbVMT01 in patients with metastatic melanoma. The study has completed enrollment in the first cohort and has commenced dosing in the second cohort. Under the terms of the collaboration, Perspective will sponsor and fund the combination study and Bristol Myers Squibb will provide nivolumab for use in the study.
AZN

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08:14 EDT AstraZeneca announces analysis from its DUO-E Phase III trial - The latest analysis of the results from the DUO-E Phase III trial showed Imfinzi plus platinum-based chemotherapy followed by Imfinzi plus Lynparza demonstrated an improvement in multiple key secondary efficacy endpoints, particularly in patients with mismatch repair proficient advanced or recurrent endometrial cancer compared to chemotherapy alone. These results will be presented in a late-breaking session at the 2024 Society of Gynecologic Oncology Annual Meeting on Women's Cancer in San Diego, California. A post-hoc exploratory subgroup analysis assessed patients by mismatch repair status, a biomarker of interest in endometrial cancer. In this analysis, median duration of response in pMMR patients in the Lynparza and Imfinzi arm was more than double versus the control arm. Additional secondary endpoints showed consistent results for pMMR patients treated with Lynparza and Imfinzi, demonstrating a reduction in the risk of second progression or death by 32% for the combination versus the control arm, and improvement in time to first and second subsequent treatments. Imfinzi plus chemotherapy followed by Imfinzi monotherapy showed consistent benefit regardless of MMR status, with the greatest benefit observed in patients with mismatch repair deficient disease across all secondary endpoints. In the overall trial population, results in the Lynparza and Imfinzi arm showed extended ORR and DoR, as well as consistently improved benefit in secondary endpoints, including overall survival, time to first subsequent therapy, PFS2 and time to second subsequent therapy. These data are consistent with the positive primary analysis presented last year, which showed that the Imfinzi arm and the Lynparza and Imfinzi arm both demonstrated a statistically significant and clinically meaningful improvement in PFS compared to chemotherapy alone in the overall trial population. The safety profiles of both experimental regimens were manageable, well-tolerated and broadly consistent with the known profiles of the individual agents. Regulatory filings for DUO-E have been accepted for review by regulatory authorities across the world including in the US, Europe and Japan.
AUUD

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08:13 EDT Auddia announces $3.5M financing - Auddia announced that it has closed on $3.5M of new financing by selling 1.3M common shares from its previously announced equity line. Management believes that by strengthening the balance sheet and improving the premium listening experience available on faidr, which includes commercial free AM/FM listening with the ability to skip content and the enhanced podcast listening experiences facilitated by Seamless Play and Forward+, that the Company is better positioned to execute on its M&A strategy.
AWH

Hot Stocks

08:11 EDT Aspira Women's Health appoints Milligan as President - Aspira Women's Health announced that it has expanded its senior management team with the addition of Sandra Milligan, M.D., J.D. as President effective April 1, 2024. Dr. Milligan will report to Nicole Sandford, who will remain CEO. The Company has also promoted Dr. Todd Pappas, Vice President of Research & Development, to lead the Company's product development team reporting directly to Dr. Milligan, following the departure of Dr. Jody Berry. Dr. Milligan is an accomplished and proven leader with 25+ years of experience in the healthcare sector, with corporate experience that includes executive roles of increasing responsibility at innovative biopharmaceutical companies.
TSLA

Hot Stocks

08:11 EDT Tesla rises 4% to $169.55 after announcing price increases
ALGS

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08:10 EDT Aligos Therapeutics initiates Phase 2a HERALD study of ALG-055009 - Aligos Therapeutics announced the initiation of the Phase 2a HERALD study of ALG-055009 in subjects with metabolic dysfunction-associated steatohepatitis, MASH. Screening of subjects has begun at clinical study sites across the U.S. "ALG-055009 has enhanced potency, greater beta selectivity, and a favorable PK profile. We believe that these optimized pharmacologic properties may result in improved therapeutic outcomes for patients living with MASH. The initiation of the HERALD study is an important next step in achieving our goal to create a best-in-class thyroid hormone receptor beta agonist," stated Lawrence Blatt, Ph.D., MBA, Chairman, President, and CEO of Aligos Therapeutics. "This is an exciting time in the MASH space with the first drug recently approved, but we believe there is still a need for additional treatment options. We look forward to sharing topline HERALD data in Q4 this year."
NVEE

Hot Stocks

08:09 EDT NV5 Global awarded $27M by Caltrans District 6 for construction management - NV5 Global announced that it has been awarded a three-year, $27 million contract by the California Department of Transportation, Caltrans, District 6 to provide construction management for not at-risk services. NV5 will deliver construction inspection, office engineering, claims support, and constructability support services for transportation projects within Caltrans District 6, serving Fresno, Kern, Kings, Madera, and Tulare counties. "NV5's work with Caltrans in District 6 will support NV5's accelerated organic growth in the infrastructure sector and underscores our commitment to delivering value and innovation to support infrastructure sustainability, reliability, and safety," said Dickerson Wright, PE, Executive Chairman of NV5.
DZSI

Hot Stocks

08:08 EDT DZS introduces DZS Saber 2200 transport switch - DZS introduced its next expansion of the category-defining Saber portfolio - the DZS Saber 2200 transport switch. This hardened, high capacity, low latency, Layer 2 solution transforms the economics of deploying the flexible 100G transport circuits necessary for advanced mobile front/midhaul and edge transport. Featuring an array of critical time sensitive networking features including integrated Grand Master Timing, the compact 1RU Saber 2200 supports standard 100G direct detect optics, a variety of coherent optics including OpenZR+ and XR and can function as a high-precision time protocol Class C Boundary Clock with Synchronous Ethernet support.
CTMX

Hot Stocks

08:08 EDT CytomX Therapeutics announces milestone achievement in PROBODY TCB - CytomX Therapeutics announced that the first clinical candidate in its TCB, T-Cell Engaging Bispecific, agreement with Astellas has entered into GLP toxicology studies which triggers a $5 million payment to CytomX. The clinical candidate is the first PROBODY TCB molecule under this alliance to progress into a GLP toxicology study. CytomX and Astellas are also collaborating on additional conditionally activated TCB programs with CytomX eligible to receive future preclinical, clinical and commercial milestones. "We are excited by the continued momentum towards a potential future IND for the first PROBODY TCB clinical candidate in our collaboration with Astellas, and we continue to partner with Astellas on multiple preclinical programs. The progress with this collaboration highlights the benefits of our strategy to create value through both wholly-owned and partnered programs, as well as the potential of our expanding pipeline of PROBODY T-cell engagers which are designed to localize T-cell activity to the tumor microenvironment," said Sean McCarthy, D.Phil., chief executive officer and chairman of CytomX Therapeutics.
VPLM

Hot Stocks

08:07 EDT Voip-Pal.com announces special advisor appointments - VoIP-Pal.com announcde three new advisory appointments. Clay Perreault, Austin McDonald, and Ray Leon have been appointed as special advisors to the Board of Directors. Mr. Perreault will serve as Technical Consultant, Mr. McDonald as Business Advisor, and Mr. Leon as Mediation and Settlement Advisor. Clay Perreault is the founder and Ex-President of Digifonica. Austin McDonald is a past Adjunct Professor at Stevens Institute of Technology, NJ. Ray Leon is a former engineer for GE and IBM, has founded and or cofounded multiple successful startup companies, and has extensive business mediation and arbitration experience.
STRL

Hot Stocks

08:07 EDT Sterling Infrastructure unit awarded $100M project - Sterling Infrastructure announced that Plateau Excavation, a Sterling subsidiary, has been awarded a data center project in the southeastern U.S. with a value of approximately $100M. The project scope covers 280 acres and includes 125,000 linear feet of underground infrastructure installation. Work is expected to begin in the second quarter of 2024.
PGRE

Hot Stocks

08:07 EDT Paramount Group signs 74,000 square foot lease at 1301 Avenue of the Americas - Paramount Group announced that it has signed a 74,000-square-foot lease with Citizens at 1301 Avenue of the Americas, a 1.7 million square-foot Class A office building, located between 52nd and 53rd Streets in Midtown Manhattan. With this lease signing, the Company has made further progress leasing vacant space at 1301 Avenue of the Americas. "We are delighted to welcome Citizens Bank to 1301 Avenue of the Americas as the latest addition to Paramount's world-class tenant roster," said Peter Brindley, Executive Vice President, Head of Real Estate. "This new lease builds on the momentum of recent leasing activity along Avenue of the Americas, and in our portfolio specifically. Paramount Club, located at 1301 Avenue of the Americas, is a members-only club created for corporate employees across our New York portfolio. Paramount Club is scheduled to open May 1, 2024 and continues to be a key differentiator in the market."
KTOS

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08:07 EDT Kratos Defense receives $57.6M contract for 70 BQM-177A aerial targets - Kratos Defense & Security Solutions announced that its Unmanned Systems Division has received a $57,673,542 modification to a previously awarded firm-fixed-price contract. This modification exercises options to procure full rate production Lot Five of the BQM-177A Surface Launched Aerial Targets to provide for the production and delivery of 70 BQM-177A Surface Launched Aerial Targets and 70 Rocket-Assisted Takeoff attachment kits, as well as associated technical and administrative data in support of weapons system test, and evaluation and fleet training for the Navy. Steve Fendley, President of Kratos Unmanned Systems Division, said, "It's exciting to be a major part of this critically important capability for the U.S. Navy with our BQM-177A Sub-Sonic Aerial Targe aircraft system. The 177A continues to push the envelope delivering leading edge realistic threat-representative capabilities to support today's peer-level threat environment. We look forward to the increased production rate and continuing to evolve the system with our customer as the threats evolve."
TSLA

Hot Stocks

08:06 EDT Tesla says U.S. Model Y prices will increase $1,000 on April 1 - Tesla North America on Friday night said via X that prices in the U.S. will increase by $1,000 for all Model Y trims on April 1. Reference Link
AOS...

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08:06 EDT A.O. Smith names Stephen Shafer President and COO - A. O. Smith (AOS) announced the appointment of Stephen Shafer as president and COO effective March 18. Shafer is an accomplished business leader with deep global experience in manufacturing and leading highly innovative businesses. He joined 3M Company (MMM) in 2010 and has held several positions with increasing levels of responsibility in multiple 3M business units in both the U.S. and China. Most recently, he served as president of the Automotive and Aerospace Solutions Division for 3M Company. Prior to 3M, Steve worked for McKinsey & Company and Ford Motor Company (F) holding various roles focusing on manufacturing, supply chain and operational improvement.
NTAP

Hot Stocks

08:05 EDT NetApp appoints Alessandra Yockelson as CHRO - NetApp announced Alessandra Yockelson has joined the company as Chief Human Resources Officer, reporting to CEO, George Kurian. Alessandra will lead all aspects of people and organizational strategy, including talent development and growth, performance management, team engagement, recruiting, DEIB, and compensation and benefits. Alessandra joins NetApp from Pure Storage, where she served as Chief Human Resources Officer since August 2021 and led organizational change efforts that resulted in global performance scaling.
BNIX

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08:05 EDT Bannix Acquisition announces monthly extension to complete business combination - Bannix Acquisition announced that its board of directors has decided to extend the date by which Bannix must consummate an initial business combination from March 14, 2024 for an additional month, to April 14, 2024. As previously disclosed, at an annual meeting of its stockholders held on March 8, 2024, Bannix' stockholders voted in favor of a proposal to amend Bannix's Amended and Restated Certificate of Incorporation to provide Bannix with the right to extend the Deadline Date up to six times for an additional one month each time until September 14, 2024. Also as previously announced, if an Extension is implemented, the sponsor of Bannix, Instant Fame, or its designees will deposit into the trust account, as a loan, the lesser of $25,000 and $0.05 for each share that is not redeemed in connection with the annual meeting. On March 14, 2024, the Board, at the request of the Sponsor, decided to implement the thirteen Extension and to extend the Deadline Date for an additional month to April 14, 2024.
SEM

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08:04 EDT Concentra Group submits draft registration statement relating to IPO - Concentra Group Holdings Parent announced that it has confidentially submitted a draft registration statement on Form S-1 with the U.S. SEC relating to the proposed initial public offering of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The initial public offering is expected to occur after the SEC completes its review process, subject to market and other conditions. Concentra is a wholly-owned subsidiary of Select Medical Holdings.
INSE

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08:04 EDT Inspired Entertainment provides update on Q4 reporting timeline - Inspired Entertainment has filed a Form 12b-25, Notification of Late Filing, with the U.S. Securities and Exchange Commission related to the Company's Annual Report on Form 10-K for the year ended December 31, 2023. The Company is working diligently to finalize its financial statements and currently expects to file its Form 10-K on or before April 15, 2024. During the fourth quarter of 2023, the Company devoted considerable resources to undertaking a broad-based review of its accounting policies in connection with the restatements of the Company's previously issued financial statements, and therefore, the Company's ability to commence the preparation of its December 31, 2023 financial statements for inclusion in its 2023 Form 10-K was delayed. The Company continues to reiterate its earnings statements made on February 27, 2024, that it expects fourth quarter Revenue and Adjusted EBITDA to be in-line with consensus, as of such date. Further disclosures are included in the Form 12b-25, as filed with the Securities and Exchange Commission on March 15, 2024.
FOUR

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08:00 EDT Shift4 sinks 8% to $71.25 after CEO tells staff takeover bids not high enough
ZVSA

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07:59 EDT ZyVersa Therapeutics announces IRB approval of Phase 2a trial protocol - ZyVersa Therapeutics announces Institutional Review Board approval of the Phase 2a clinical trial protocol to evaluate the efficacy and safety of Cholesterol Efflux Mediator VAR 200 in patients with diabetic kidney disease. The clinical trial is on track to begin in the first half of 2024. Initiation of this clinical trial is a key milestone for ZyVersa. It is the first in human trial for VAR 200 intended to substantiate that the promising preclinical results demonstrated in three different animal models of kidney disease translate to patients with kidney disease. The preclinical data demonstrated across all three kidney disease models that VAR 200: Reduced cholesterol and lipid levels in the kidneys' filtration system. Protected against kidney injury and fibrosis. Significantly reduced protein in the urine.
ERJ

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07:56 EDT Embraer sees commercial aviation deliveries of 72-80 aircraft in 2024 - Sees 2024 Executive Aviation deliveries between 125-135 aircraft. Total company revenues in a $6B-$6.4B range, adjusted EBIT margin between 6.5%-7.5%, and adjusted free cash flow of $220M or higher for the year.
EFX VTEX

Hot Stocks

07:46 EDT Equifax, Vtex announce partnership - Equifax (EFX) has joined forces with Vtex (VTEX) to help fortify fraud prevention capabilities for merchants across the globe. This strategic partnership, which started in 2023, combines the fraud detection and prevention expertise from Equifax with the robust Vtex commerce platform, empowering enterprise customers to better secure their businesses while delivering unmatched customer experiences. The collaboration enables customers on the Vtex platform to seamlessly integrate with the Equifax Kount Payment Fraud solution, an advanced anti-fraud solution that is used by more than 20,000 businesses operating in over 40 countries around the world to better engage with their customers while combating fraud. The integration is designed to offer real-time fraud protection during payment events, helping to safeguard transactions without disrupting the checkout flow.
OCTO

Hot Stocks

07:39 EDT Eightco Holdings appoints Vassilakos as CEO, Executive Chairman - Eightco Holdings announced that Paul Vassilakos has been named as the Company's Executive Chairman and Chief Executive Officer. Kevin O'Donnell, who served as the Company's Executive Chairman since October 2021 and Interim Chief Executive Officer for the last month, will remain a member of the Board of Directors. Brian McFadden, a member of the Company's Board who had previously served as the Company's Chief Executive Officer, will be resigning from the Board. Vassilakos co-founded Forever 8 Fund, the Company's largest subsidiary, in July 2020 and has served as a Managing Director of Forever 8 since such time.
NTLA

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07:38 EDT Intellia Therapeutics announces first patient dosed in Phase 3 MAGNITUDE study - Intellia Therapeutics announced the first patient dosed in the global pivotal, Phase 3 MAGNITUDE trial of NTLA-2001. NTLA-2001 is an investigational in vivo CRISPR-based therapy designed as a single-dose treatment to inactivate the TTR gene and thereby prevent the production of TTR protein for the treatment of transthyretin amyloidosis. The MAGNITUDE trial is evaluating the efficacy and safety of NTLA-2001 in patients with ATTR amyloidosis with cardiomyopathy. "Dosing of the first patient in the MAGNITUDE trial of NTLA-2001 puts us one step closer to bringing a potential one-time gene editing treatment to people living with ATTR amyloidosis," said Intellia President and Chief Executive Officer John Leonard, M.D. "With multiple sites now enrolling patients, including in the U.S., we are off to a great start to rapidly enroll this landmark study. MAGNITUDE was informed by the compelling interim Phase 1 results reported last year. These data showed that a single-dose treatment of NTLA-2001 resulted in deep and durable reductions of the TTR protein responsible for the clinical consequences of the disease. We look forward to evaluating the efficacy and safety of NTLA-2001 in patients with cardiomyopathy in the pivotal Phase 3 trial. Assuming a positive outcome, it will pave the way for future global marketing applications, ultimately supporting our goal to bring forth a groundbreaking therapy for the ATTR amyloidosis community."
TMDIF

Hot Stocks

07:38 EDT Titan Medical enters all-stock merger agreement with Conavi Medical - Titan Medical has entered into a definitive amalgamation agreement dated March 17, 2024 with Conavi Medical to combine the companies in an all-stock transaction. The combined company will focus on continuing to commercialize Conavi's Novasight Hybrid System designed to guide common minimally invasive coronary procedures. Under the terms of the Agreement, Titan will acquire all of the issued and outstanding shares of Conavi and in exchange Conavi shareholders will be issued common shares of Titan. This transaction will constitute a reverse takeover of Titan and will be carried out subject to the terms and conditions. In connection with the Transaction, Titan expects to delist its common shares from the Toronto Stock Exchange and apply to have them listed instead on the TSX Venture Exchange. The Transaction is anticipated to close on or around July 15, 2024. Conavi is focused on designing, manufacturing, and marketing imaging technologies to guide common minimally invasive cardiovascular procedures. Its patented Novasight Hybrid System is the first system to combine both intravascular ultrasound and optical coherence tomography to enable simultaneous and co-registered imaging of coronary arteries. The Novasight Hybrid System has 510(k) clearance from the U.S. Food and Drug Administration; and regulatory approval for clinical use from Health Canada, China's National Medical Products Administration, and Japan's Ministry of Health, Labor and Welfare. Conavi is organized under the Business Corporations Act and headquartered in Toronto, Ontario. Provided the Transaction is completed in accordance with the provisions of the Amalgamation Agreement, the following benefits are anticipated for the combined entity; Strong Balance Sheet with institutional investor support; Established product development and manufacturing capability; Proven product being commercialized in the coronary imaging space; A large and diverse market opportunity addressed with a proprietary product offering which provides patient benefit and a sustainable economic value proposition to users; and Increasing market traction and key opinion leader engagement. The journey to this announcement started over 15 months ago, when Titan announced the commencement of a strategic review process and the engagement of Raymond James as financial advisor. With limited cash resources and limited access to new capital, Titan announced a series of cost-cutting measures to extend the runway for the strategic review process. After outreach to over 40 potential counterparties and concerns expressed by potential counterparties on Titan's stage of development, financial circumstances, and time to commercialization, Titan announced a further cost reduction and a halt to all expenditures related to the development of its ENOS single access robotic-assisted surgery system in February of 2023. To generate cash and avert the possibility of insolvency, Titan also announced a strategic pivot to asset sales and licensing of its IP. This pivot has proven successful as Titan announced non-exclusive licensing and intellectual property sales agreements with established players in the RAS industry in May, June and August of 2023. Throughout 2023, it was made clear to Titan that a merger with another RAS company was not a viable option and Titan broadened its search for a merger partner beyond RAS. This expanded search resulted in a number of proposals and after careful evaluation, Titan's management and board of directors decided on a merger with Conavi.The Titan Board is unanimous in its decision to execute the Amalgamation Agreement and to recommend this Transaction to its shareholders. Under the terms of the Agreement, Titan will effect a consolidation of the Titan Shares based on a ratio of pre-consolidation shares to post-consolidation shares to be mutually agreed upon. As a condition to the completion of the Transaction, Conavi will complete a concurrent financing of subscription receipts, the terms of which will be announced at a later date, for minimum gross proceeds of $15 million up to a maximum of $20 million. The subscription receipts are expected to convert into Conavi Shares immediately prior to completion of the Transaction. Following the Consolidation and the Concurrent Financing, a wholly-owned subsidiary of Titan will amalgamate with Conavi, pursuant to which issued and outstanding post-Consolidation Titan Shares will be issued to holders of Conavi Shares on the basis of an exchange ratio to be determined using the pre-money valuation of Conavi of $69,840,000 and a pre-transaction valuation of Titan including an allocation of $5,000,000 plus the amount of cash held in Titan at the closing of the Transaction less certain liabilities of Titan. However, the exchange ratio will be adjusted, if necessary, strictly to the extent required to result in the holders of Titan Shares prior to the closing of the Transaction holding at least 10% of the Combined Entity Shares following completion of the Transaction. In addition, the Combined Entity will establish a new equity incentive plan for key employees, directors and officers of the Combined Entity and will issue stock options in exchange for the outstanding Conavi outstanding stock options under the plan. The parties to the Transaction are at arm's length. Titan intends to hold a special and annual meeting of shareholders, at which, among other things, the Titan Shareholders will be asked to approve: the change of name from Titan Medical Inc. to Conavi Medical Inc., or such other name as Conavi may determine and the Titan Board may approve, the Consolidation, a new equity incentive plan for the Combined Entity, and the Transaction.
BWAY

Hot Stocks

07:37 EDT Brainsway broadens partnership with Katie's Way Plus - BrainsWay announced that its significant existing partner, Katie's Way Plus, which provides comprehensive mental health services tailored to the unique needs of active duty military members, veterans, and their families, has ordered an additional 18 Deep Transcranial Magnetic Stimulation systems. Katie's Way Plus will now grow to an extensive network of approximately 40 Deep TMS systems. "The broadening of this important partnership reflects our continued success in attracting large enterprise customers nationwide," said Hadar Levy, Chief Executive Officer of BrainsWay. "The synergistic alliance between BrainsWay and Katie's Way Plus is poised to meaningfully impact the landscape of mental health care for military personnel, ensuring access to cutting-edge solutions tailored to their unique needs."
SPRC

Hot Stocks

07:36 EDT SciSparc granted patent for core-technology - SciSparc announced that it has been granted a patent for its core-technology, the combination of cannabinoids and n-acylethanolamines, by the Canadian Intellectual Property Office. The Patent aligns seamlessly with the Company's proprietary technology and is designed to enhance the safety of cannabinoids by using low dosages of active components while maintaining their therapeutic benefits. This patent grant adds to the patent portfolio of the Company, thereby supporting the innovation of SciSparc's technologies. Oz Adler, CEO of SciSparc, commented, "With this patent, we continue to strengthen our global intellectual property rights. SciSparc is a unique company in the cannabis space. We believe we are building value for our investors, as the Company continues to develop technologies for the treatment of central nervous system disorders."
AVXL

Hot Stocks

07:35 EDT Anavex initiates placebo-controlled U.S. Phase 2 trial of ANAVEX3-71 - Anavex Life Sciences announced that the first patient in its U.S. FDA cleared placebo-controlled Phase 2 clinical study of ANAVEX3-71 for the treatment of schizophrenia has been screened ahead of schedule. "Initiating our Phase 2 trial of ANAVEX3-71 in schizophrenia ahead of schedule is a testament to the hard work and dedication of our clinical study team," stated Christopher U Missling, PhD, President and Chief Executive Officer of Anavex. "Schizophrenia is a challenging disorder that can impair social and occupational functions and overall quality of life for the nearly 24 million people affected worldwide. Following on from our positive initial Phase 1 results in healthy volunteers, our Phase 2 study will apply novel neuroinflammatory, metabolomic, and transcriptomic biomarkers at the intersection of schizophrenia pathophysiology and ANAVEX3-71's novel, dual mechanism of action, with the goal of addressing the large unmet need in this patient population. We are excited to build on our diverse Precision Medicine Platform, which advanced blarcamesine onto a regulatory pathway for potential treatment of Alzheimer's disease."
ABEO

Hot Stocks

07:34 EDT Abeona Therapeutics announces FDA completed PLI of its Ohio facility - Abeona announced that the U.S. Food and Drug Administration, FDA , has completed a Pre-License Inspection, PLI, of its Cleveland, Ohio manufacturing facility related to the Company's Biologics License Application, BLA, for pz-cel for recessive dystrophic epidermolysis bullosa. During the inspection, the FDA reviewed the facilities, systems, and processes at the Cleveland site. The FDA also observed the manufacturing process for pz-cel, as well as performance of in-process and release assays. The two-week PLI, which was conducted by five FDA inspectors, concluded on March 1, 2024. Upon completion of the inspection, a Form 483 was issued with observations related to process controls. On March 15, 2024, the Company submitted a response to the FDA, outlining already implemented and ongoing steps toward resolution that follow FDA guidance provided during the audit. In addition, the FDA has completed the clinical study site inspections of Stanford University School of Medicine in Palo Alto, CA and University of Massachusets Medical School in Worcester, MA, both of which enrolled subjects in the pivotal Phase 3 VIITAL study supporting the pz-cel BLA, with no Form 483 observations noted.
NCNO

Hot Stocks

07:32 EDT nCino to acquire DocFox, terms not disclosed - nCino signed a definitive agreement to acquire DocFox, a solution provider automating onboarding experiences for commercial and business banking. DocFox's technology helps simplify and automate the onboarding and account opening process for commercial and business banking, enabling remarkable client experiences. By integrating into nCino, the combined offering will help enable financial institutions to unify and intelligently manage the entire client lifecycle across information intake, document collection and due-diligence on a single platform, regardless of the entity's complexity. DocFox has helped institutions condense complicated and admin-intensive onboarding processes from weeks to days or even hours. DocFox was founded in 2016 and has over 450 customers across three continents. The acquisition of DocFox is expected to close in March 2024. Keefe, Bruyette & Woods, A Stifel Company served as financial advisor to DocFox and Wilson Sonsini Goodrich & Rosati, Professional Corporation served as legal counsel to DocFox. Sidley Austin LLP served as legal counsel to nCino.
ACHFF

Hot Stocks

07:31 EDT Arch Biopartners publishes data from Phase II trial for LSALT Peptide - Arch Biopartners published a peer reviewed paper in the British Medical Journal Open detailing the results of the international Phase II human trial for LSALT peptide targeting acute lung and kidney inflammation in hospitalized patients infected with SARS-CoV-2 virus. LSALT peptide is a DPEP-1 inhibitor and the Company's lead drug candidate for preventing and treating inflammation injury in the kidneys, lungs, and liver. The paper in BMJ Open describes the clinical highlights, outcomes and biomarker results of the study. The Phase II trial was an international, multicenter, randomized, double-blind, placebo-controlled, proof of concept study of LSALT peptide for the prevention of organ inflammation such as acute respiratory distress syndrome and acute kidney injury in patients infected with SARS-CoV-2. The exploratory, adaptive trial was initiated in the early stages of the global pandemic to identify clinical signals of efficacy for LSALT peptide in the treatment of acute lung and kidney inflammation. The results of the Phase II trial provided first-ever evidence validating DPEP-1 as a mediator of organ inflammation and therapeutic target in humans. In addition, LSALT peptide was well tolerated with no safety issues related to the drug. New biomarker data for LSALT peptide was disclosed for the first time in the BMJ Open publication. An analysis of serum inflammatory biomarkers was performed from blood samples collected from study participants. Biomarkers analyzed which relate to organ inflammation included cytokines and chemokines such as IL-6, CXCL8, CXCL10, IL-1beta and CCL7. Collectively, a greater proportion of inflammatory biomarkers decreased in patients receiving LSALT peptide compared with placebo. In particular, the reduction of CXCL10 in the LSALT peptide group versus the placebo group was statistically significant at the end of treatment. CXCL10 plays a role in facilitating leukocyte recruitment to various vascular beds including the lungs and kidneys. The reduction of CXCL10 and the other inflammatory biomarkers during LSALT peptide treatment is consistent with LSALT peptide's mechanism of action as an inhibitor of DPEP-1 mediated leukocyte recruitment to the lungs and kidneys. The new data provides more scientific rationale for Arch to advance LSALT peptide to prevent leukocyte recruitment and organ inflammation for other indications, including a larger Phase II trial targeting cardiac surgery-associated AKI, which recently began recruiting patients.
VERB

Hot Stocks

07:25 EDT VERB's MARKET.live adds 100 more retail brands - Verb Technology Company continues the expansion of its MARKET.live livestream social shopping platform with the addition of one hundred more innovative brands.
RILY

Hot Stocks

07:19 EDT B. Riley Financial unable to file 10-K due to delays in finalizing financials - In a regulatory 8-K filing on Friday, the company stated: "On February 29, 2024, B. Riley Financial filed a Notification of Late Filing on Form 12b-25 indicating that it was unable, without unreasonable effort or expense, to file its Annual Report on Form 10-K for the year ended December 31, 2023 by February 29, 2024, the required filing date, due to delays experienced in finalizing the Company's financial statements. As discussed in the Form 12b-25, this delay resulted from the dedication of time and resources expended by the Company related to the review by the Audit Committee of the Company's Board of Directors, with the assistance of outside counsel, of the Company's transactions with Brian Kahn." Shares of B. Riley Financial are down 11% in pre-market trading at $15.65.
AZN

Hot Stocks

07:19 EDT AstraZeneca to expand savings programs for inhaled U.S. respiratory portfolio - AstraZeneca announced it will expand the savings programs for its entire US inhaled respiratory portfolio, "helping eligible patients pay no more than $35 per month for their medicine," said the company in a rellease. Expanding the savings programs will help make its inhalers more affordable to the most vulnerable patients living with asthma and chronic obstructive pulmonary disease COPD , including those who are uninsured and underinsured. Pascal Soriot, Chief Executive Officer, AstraZeneca, said: "AstraZeneca's expanded savings programs build on our longstanding commitment to addressing barriers to access and affordability for patients living with respiratory diseases to ultimately help patients lead healthier lives. We remain dedicated to addressing the need for affordability of our medicines, but the system is complex and we cannot do it alone. It is critical that Congress bring together key stakeholders to help reform the healthcare system so patients can afford the medicines they need, not just today, but for the future."
ACN

Hot Stocks

07:17 EDT Accenture to acquire Aris Group, terms undisclosed - Accenture has agreed to acquire Aris Group, a technology services provider focused on supporting public sector transformation across Europe. Based in Luxembourg and privately held, Aris Group was founded in 2003 and has grown into one of the largest independent service providers in Europe's public sector market. With a team of more than 2,330 people across Luxembourg, Belgium, and Greece primarily, Aris Group focuses on work with the European Union, including the EU Commission, its various institutions and member state organizations. The transaction is subject to customary closing conditions.
SILO

Hot Stocks

07:16 EDT Silo Pharma files patent for ketamine implant therapeutic - Silo Pharma has filed a provisional patent application titled 'Methods and Combinations for Managing Pain' with the United States Patent and Trademark Office. The patent application includes protection for the Company's SP-26 implantable drug delivery system for a novel time-released, dose-controlled formulation of ketamine, initially targeted for fibromyalgia. Silo believes that implantable drug delivery may be well-suited for chronic pain management. The next tests of the SP-26 ketamine implant will measure drug dissolution and time-release action.
NTRA

Hot Stocks

07:12 EDT Natera announces CIRCULATE-PRODIGE-70 study in France - Natera announced a collaboration with the Federation Francophone de Cancerologie Digestive and CHU Dijon Bourgogne on the CIRCULATE-PRODIGE-70 study, a randomized, multicenter, prospective phase III clinical trial in France investigating molecular residual disease, or MRD-guided adjuvant treatment in stage II colorectal cancer patients. The study's main objective is to determine the benefit of adjuvant chemotherapy in stage II CRC patients with detectable circulating tumor DNA post-surgery. Patients who are Signatera MRD-positive will be randomized to receive ACT or pursue observation. Patients who are Signatera MRD-negative will be treated according to the standard of care. Approximately 1,600 patients will be tested with Signatera, and a successful study result is expected to pave the way for the adoption and reimbursement of Signatera in France. The initial readout is expected in 2025.
QBTS

Hot Stocks

07:11 EDT D-Wave Quantum names Lorenzo Martinelli as Chief Revenue Officer - D-Wave Quantum announced it is expanding its executive team to supercharge both its go-to-market growth strategy and product innovation. The two appointments include cloud entrepreneur and IT industry veteran Lorenzo Martinelli as the Company's first Chief Revenue Officer, tapped to spearhead the company's commercial expansion into key vertical markets. D-Wave has also promoted Dr. Trevor Lanting to Chief Development Officer to lead its product innovation roadmap, spanning D-Wave's full stack of quantum computing hardware and software solutions.
PTGX TAK

Hot Stocks

07:10 EDT Protagonist closes rusfertide license, collaboration agreement with Takeda - Protagonist Therapeutics (PTGX) announces the closing of the worldwide collaboration and license agreement for rusfertide with Takeda (TAK) disclosed on January 31, 2024. Closing of the transaction was contingent on completion of review under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in the United States. Protagonist will receive the $300 million upfront payment associated with the transaction in the second quarter of 2024.
OFIX

Hot Stocks

07:10 EDT Orthofix names Lucas Vitale chief people, business operations officer - Orthofix announced that Lucas Vitale has joined the company in the newly created role of chief people and business operations officer. Vitale most recently served as the chief human resources officer, or CHRO, at ReNAgade Therapeutics, a venture backed pharmaceutical company, and prior to that, he served as the CHRO at Berkeley Lights/PhenomeX.
PEV

Hot Stocks

07:09 EDT Phoenix Motor, InductEV enter long-term charging partnership - Phoenix Motor announced an Integration Agreement with InductEV. InductEV's solution allows EV fleets to achieve their decarbonization goals with hands-free on-route charging, while reducing costs. The new partnership will develop software, hardware and cooling and electrical systems integration of InductEV's wireless charging pads with Phoenix's zero-emission drive systems. This strategic partnership will provide Phoenix's customers with the option to select wireless inductive charging for use in duty cycles and recurring routes. Phoenix has already accepted orders for wireless charging of its Class 4 shuttles and expects to deploy its first wireless charging-capable shuttle buses later in 2024.
OGEN

Hot Stocks

07:08 EDT Oragenics appoints James Kelly as chief medical officer - Oragenics announced it has appointed James Kelly as its chief medical officer, to oversee its upcoming Phase II clinical trial. Oragenics' drug candidate, ONP-002 is combined with its intranasal device intended for the treatment of mild Traumatic Brain Injury, or TBI, aka concussion. ONP-002 is a new chemical entity designed to target the brain through delivery into the nasal cavity and onward to the brain. A 40-patient Phase I study was completed and showed the drug to be safe and well-tolerated.
CLSD JNJ

Hot Stocks

07:07 EDT Clearside Biomedical appoints Chong as Chief Medical Officer - Clearside Biomedical (CLSD) announced that Victor Chong, M.D., MBA was appointed Chief Medical Officer on March 14, 2024. Dr. Chong is a board-certified retinal specialist with more than 25 years of experience as a retinal physician and navigating all phases of ophthalmic drug development. Dr. Chong served most recently as VP, Global Head of Retina DAS at Johnson & Johnson (JNJ) Innovative Medicine.
GNS

Hot Stocks

07:07 EDT Genius Group releases additional details of FatBrain AI transaction - Genius Group released additional details on their recently announced transaction to form an AI-powered Education and Acceleration group to power Sovereign AI ecosystems of tomorrow for entrepreneurs, enterprises, governments and students through AI education and enablement: Deal Structure: The transaction was the purchase of selected FatBrain AI assets and liabilities by Genius Group in an all-share transaction, through the purchase of the stock of a FatBrain subsidiary which is held by Genius as a wholly owned subsidiary, and no merger into Genius has taken place. Post-Transaction Revenue, Profit: Following the transaction, Genius Group's 2023 pro forma revenue is expected to grow approximately 150%, with 2023 pro forma revenue guidance growing to an estimated $76 million to $80 million. Genius Group's 2023 pro forma net profit is expected to grow approximately 150%, with 2023 pro forma net profit guidance growing to an estimated $7 million to $9 million. Post-Transaction Balance Sheet: Following the transaction, Genius Group's 2023 pro forma total assets is expected to grow approximately 40%, with 2023 pro forma total assets guidance growing to an estimated $110 million to $115 million. Genius Group's 2023 pro forma net profit is expected to grow approximately 50%, with 2023 pro forma total liabilities guidance growing to an estimated $60 million to $65 million. Post-Transaction Structure: The Post-structure leaves Genius Group Ltd as the parent company with the FatBrain assets existing in a wholly owned subsidiary of the parent company, which will continue to trade on NYSE American under the ticker NYSEAmerican:GNS as a Singapore-based company with its consolidated financials compliant with IFRS Standards. Post-Transaction Leadership: Genius Group has an exeuctive executive team and Board of Directors as follows. Peter Ritz, FatBrain's AI's CEO, will join the Genius Group Board as Executive Director and Michael Moe, FatBrain AI's Chairman, will join the Genius Group Board as Non-Executive Chairman. The Current Genius Group of Roger James Hamilton, Suraj Naik and Richard Berman, Eric Pulier and Salim Ismail remain on the Board. The split of the Board is: 2 members FatBrain AI representation. 5 members Genius Group representation. Post-Transaction Ownership: All of FatBrain AI's former shareholders, which includes investors in the US and accomplished technology and education entrepreneurs and investors, including Michael Moe and Peter Ritz, will receive one Genius Group share for every three FatBrain AI shares. The ownership split immediately subsequent will be approximately 57% owned by Genius Group's shareholders and 43% owned by FatBrain AI's shareholders. Approvals: All necessary approvals for the transaction from shareholders, the board and regulators were received prior to the closing. The transaction is not a change of control transaction, and thus the Company believes does not qualify as a significant transaction or merger which would trigger any valuation provisions under any Company agreements. Market Capitalization of FatBrain Ai and Genius Group: Based on our 2023 guidance revenue and post-deal ownership splits of FatBrain AI and Genius Group, together with Genius Group/'s $0.29 per ordinary share closing day price on Wed 13 Mar, 2024 - the closing date of the transaction, this delivers a price / revenue multiple for FatBrain AI's once their shares are converted to Genius Group's of approximately a 0.4x price / trailing revenue multiple. Genius Group's price / trailing revenue multiple by comparison delivers approximately a 0.85x price / revenue multiple. Market Capitalization of Post-Transaction Group vs Industry Peers: The market capitalization based on shares issued post-transactions, delivers a ratio of approximately a 0.65x price / revenue multiple based on the $0.29 closing date price. This compares to the price / revenue multiples of publicly listed Edtech peers: As of their current share prices, Udemy's price / revenue multiple is 2.73x; Coursera's ratio is 3.58x; and Duolingo ratio is 17.5x. This gives our publicly traded Edtech peers a range of price / revenue multiples between four times and twenty-seven times Genius Group. We believe this represents a significant, potential upside in our share price as we grow and get closer to a fair value in comparison to our public-listed peers in Edtech. Growth Plan: The plan provides an integrated roadmap and product range to strive to reach the following: launch 100 Genius Cities, impact 100 million customers and students and achieve $1 billion in annual revenues within the next decade, with a shared mission: To build an AI-driven entrepreneur education and acceleration platform, empowering our exponential future."
SATS

Hot Stocks

07:06 EDT EchoStar announces contract extension for ORAN-based private 5G networks - EchoStar announced the contract period of performance extension by the Department of Defense Office of the Under Secretary of Defense for Research and Engineering FutureG Office, for the continued deployment of standalone 5G networks at Joint Base Pearl Harbor-Hickam in Hawaii and at the Naval Air Station Whidbey Island in Washington State. The contract extension builds on the award for NASWI in 2021 and additional expansion in Hawaii in 2022, extending both through 2025 with additional 5G enhancements. EchoStar is a premier supporter of the use of Open Radio Access Network in DoD networks and recently won a $50M NTIA grant to build an ORAN test center.
LFSWF

Hot Stocks

07:06 EDT Lifeist Wellness' Australian Vaporizers saw single highest day of sales - Lifeist Wellness announces that its wholly-owned subsidiary, Australian Vaporizers Pty, enjoyed the single highest day of sales in its history on Friday, March 8, 2024. Aussie Vapes attributes the banner day to successful customer outreach and education about new rules governing aromatherapy vaporizer devices in Australia. Aussie Vapes was among the first companies to be granted a Therapeutic Goods Administration import licence for aromatherapy vaporizer devices. Meni Morim, CEO of Lifeist said, "We are gratified by the increase in sales and positive word of mouth that these efforts have inspired, and deeply appreciate the trust our customers place in us. We will continue to actively participate in this evolving conversation and anticipate contributing valuable insights that can help shape future policy."
SNDX

Hot Stocks

07:05 EDT Syndax names Steven Closter as Chief Commercial Officer - Syndax Pharmaceuticals announced the appointment of Steven Closter as Chief Commercial Officer, effective immediately. Closter will lead the company's commercial strategy and operations, including marketing, sales, and market access, succeeding Steve Sabus, who is departing for personal reasons. Prior to joining Syndax, Closter served in various roles at Sunovion Pharmaceuticals, which was consolidated into Sumitomo Pharma America in 2023, ultimately serving as Vice President, Brand Strategy and Launch Excellence.
AACI

Hot Stocks

07:04 EDT MISA forged partnership with Rezolve AI - In a strategic move that highlights the Kingdom of Saudi Arabia's commitment to technological advancement and economic growth, the Ministry of Investment of Saudi Arabia, MISA, has forged a partnership with Rezolve AI Limited. This collaboration is set to revolutionize the artificial intelligence landscape, establishing an AI Centre of Excellence in Saudi Arabia as a cornerstone of Vision 2030's innovation and development goals. Key Highlights of the Partnership: Establishment of an AI Centre of Excellence in Saudi Arabia; and Creation of Global Market Leaders. The initiative is integral to Saudi Arabia's strategic vision, positioning the Kingdom not just as a leader in AI technology but also as the foundation for global AI-driven companies. This underscores Saudi Arabia's role as a nucleus for technological innovation and economic diversification. On December 17, 2021, Rezolve AI entered into a definitive Business Combination Agreementwith Armada Acquisition Corp. I
MRCY

Hot Stocks

07:04 EDT Mercury Systems announces early access program for RFS1140 direct RF SiP - Mercury Systems announced the early access program for its RFS1140 direct RF System-in-Package. Electronic warfare, communications, test and measurement, and radar applications at the edge are becoming more sophisticated, requiring secure, direct digitization of RF signals with high sampling rates and low latency. The RFS1140 is the first multi-chip module to combine the processing power of the AMD Versal AI Core series adaptive SoC along with Jariet Technologies high-speed data converters and Micron LPDDR4 NOR flash memory. By integrating the latest commercial processing chips into a SWaP-optimized, rugged package, Mercury's SiP offers maximum performance for next-generation applications. The early access program for the RFS1140 includes product documentation and support as well as priority delivery for evaluation hardware as it becomes available this year.
IINN

Hot Stocks

07:03 EDT Inspira Technologies announces AMAR regulatory submission of INSPIRA ART100 - Inspira Technologies is excited to announce the AMAR submission for approval of the INSPIRA ART100, marking a significant milestone in Inspira's venture into new markets. AMAR - the Israeli Ministry of Health's medical device regulation unit, is the authority responsible for controlling medical device licenses and approvals including the issuance of certificates of free sale which are necessary for marketing regulatory approvals in the Southeast Asia and South American markets, potentially propelling the company towards targeting exceptional growth opportunities.
FWBI

Hot Stocks

07:03 EDT First Wave BioPharma announces acceptance of two abstracts on celiac disease - First Wave BioPharma announced that two abstracts have been accepted for presentation at the 2024 Digestive Disease Week Conference taking place May 18-21, 2024, in Washington, D.C. The first presentation, titled, "A Composite Mucosal Scale for Celiac Disease Encompassing both Morphology and Inflammation," will highlight VCIEL, a new quantitative composite scale, combining the histologic scales of villus height to crypt depth ratioand density of intraepithelial lymphocytes, designed to enhance the accuracy and precision for measuring small intestinal mucosal health of celiac disease patients with particular benefit for histologic endpoint measurements in clinical trials. The second presentation, titled, "Dynamics of Serologic Change to Gluten in Celiac Disease Patients," will report research involving the largest database of CeD clinical results and will explore key issues related to the diagnostics of CeD, such as the effects of resuming a gluten-containing diet on seropositivity and the correlation between two different tTG-IgA assays.
FULC

Hot Stocks

07:02 EDT Fulcrum Therapeutics appoints Horn as Chief Medical Officer - Fulcrum Therapeutics announced the appointment of Patrick Horn, M.D., Ph.D., as chief medical officer, effective immediately. Interim chief medical officer, Iain Fraser, MBChB, DPhil, will continue to serve on Fulcrum's executive leadership team as SVP of early development. Together, Drs. Horn and Fraser will be responsible for leading clinical development and overseeing regulatory strategy and execution. Dr. Patrick Horn's most recent role was as the Chief Medical Officer at HemoShear Therapeutics
EYPT

Hot Stocks

07:01 EDT EyePoint reports inducement grants under Nasdaq listing rule - EyePoint Pharmaceuticals announced that the Company granted non-statutory stock options to new employees as inducement awards outside the Company's 2023 Long-Term Incentive Plan in accordance with NASDAQ Listing Rule 5635(c)(4). The Company granted stock options to purchase up to an aggregate of 77,000 shares of EyePoint Pharmaceuticals common stock to six new employees. The stock options were granted on March 15, 2024. The grants were approved by the Compensation Committee and made as an inducement material to each employee entering into employment with EyePoint Pharmaceuticals in accordance with NASDAQ Listing Rule 5635(c)(4). The option awards have an exercise price of $21.48 per share, the closing price of EyePoint Pharmaceuticals' common stock on March 15, 2024. The options have a ten-year term and vest over four years, with 25% of the original number of shares vesting on the first anniversary of the applicable employee's date of grant and the remainder vesting in equal monthly installments over the following three years. Vesting of the options is subject to the employee's continued service with EyePoint Pharmaceuticals through the applicable vesting dates.
PHVS

Hot Stocks

06:51 EDT Pharvaris initiates RAPIDe-3, the Phase 3 clinical trial - The company announced the initiation of RAPIDe-3, the Phase 3 clinical trial evaluating the efficacy and safety of deucrictibant immediate-release capsule (PHVS416) for the treatment of HAE attacks.
WD

Hot Stocks

06:37 EDT Walker & Dunlop arranges $109M construction financing for Brooklyn project - Walker & Dunlop, Inc. announced that it structured $109M in construction financing for the development of 1034-1042 Atlantic Avenue, a to-be-constructed, 247-unit Class-A multifamily development located on two conjoining parcels creating a cross-block lot between Atlantic Avenue and Pacific Street in Brooklyn, New York.
BW

Hot Stocks

06:36 EDT Babcock & Wilcox unit signs agreement for gas conversion project - Babcock & Wilcox announced that its B&W Thermal business segment has signed an agreement valued at approximately $246M for a gas conversion project for a power plant in North America. Under the agreement, B&W has received limited notice to proceed for the coal-to-natural gas project. Notice to proceed for the full contract is anticipated in the fourth quarter of 2024. B&W will convert the plant's two coal-fired boilers - totaling more than 1,000 megawatts - to use natural gas fuel. B&W's full scope would include the design and installation of new burners, air systems, fans and other equipment necessary to implement the fuel switch.
OCGN

Hot Stocks

06:35 EDT Ocugen names Huma Qamar, MD, MPH as Chief Medical Officer - Ocugen announced the appointment of Dr. Huma Qamar as Chief Medical Officer. Prior to joining Ocugen, Dr. Qamar was Senior Vice President, Head of R&D at FSD Pharma-demonstrating her commitment to advancing scientific innovation and pharmaceutical development.
MLNK

Hot Stocks

06:34 EDT MeridianLink CFO Sean Blitchok to step down, Larry Katz to succeed - MeridianLink announced that Sean Blitchok will step down as its CFO on April 1, with Larry Katz joining the organization on that day as its new CFO and member of its board of directors. Blitchok will maintain an advisory role with the company through Sept. 30, 2024. Prior to joining MeridianLink, Katz served as an independent consultant and senior advisor to various private equity firms.
PSN

Hot Stocks

06:26 EDT Parsons awarded $15.5M contract from NOAA - The National Oceanic and Atmospheric Administration announces the award of a $15.5M one-year base value contract to Parsons Corporation of Chantilly, Virginia, for system integration and cloud management services for the Traffic Coordination System for Space. NOAA's Office of Space Commerce is developing TraCSS as a modern, cloud-based IT system that will provide space situational awareness and space traffic coordination services to private and civil space operators. Such services are essential for global spaceflight safety and the long-term sustainability of the space environment for commercial, civil, national security, and international uses.
ROSS

Hot Stocks

06:16 EDT Ross Acquisition Corp II announces suspension, expected de-listing from NYSE - Ross Acquisition Corp II announced that the New York Stock Exchange notified the Company that it plans to suspend trading of the Company's Class A ordinary shares, public warrants and public units before market open today and commence delisting proceedings with respect to such securities. The NYSE determined to take these actions because Sections 102.06e and 802.01B of the NYSE's Listed Company Manual do not permit a special purpose acquisition company, such as the Company, to remain listed for more than three years after the company's initial public offering without completing an initial business combination. The Company did not complete an initial business combination before March 16, 2024, which was the three-year anniversary of its initial public offering. The Company has a right to a review of this determination by a Committee of the Board of Directors of the Exchange. The NYSE will apply to the Securities and Exchange Commission to delist the securities upon completion of all applicable procedures, including any appeal by the Company of the NYSE Regulation staff's decision. At this time, the Company does not intend to appeal the NYSE Regulation staff's decision. The Company is currently applying to list its securities to the Nasdaq Stock Market. As of the date of this press release, the Company has not received approval from Nasdaq for such listing, and there can be no assurance that the Company will obtain such approval in time or at all. Moreover, even if the Company obtains such approval and re-lists its securities on Nasdaq, there can be no assurance that it will be able to maintain such listing. In particular, like the NYSE, Nasdaq requires that special purpose acquisition companies, such as the Company, complete an initial business combination no later than 36 months after its initial public offering. However, the Company expects that Nasdaq would allow it to appeal a delisting and be granted additional time to complete an initial business combination after 36 months. However, it may not be successful in such an appeal. If it is not successful in such an appeal its securities will be delisted from Nasdaq.
GDTC

Hot Stocks

06:12 EDT Cytomed Therapeutics to launch complimentary cell banking - CytoMed Therapeutics has obtained board approval to launch, subject to certain terms and conditions, a pilot program to isolate and cryo-store peripheral blood mononuclear cell for and as a reward to loyal shareholders of CytoMed on a complimentary basis. This Program is in line with the company's strategy to build up a private bank of PBMC donors to develop allogeneic off-the-shelf cellular therapies using pre-qualified healthy donor blood. This Program will commence on June 1, 2024, or at such other date as CytoMed shall provide. Interested shareholders are advised to refer to CytoMed's website for any future updates regarding the Program.
GRVY

Hot Stocks

06:06 EDT Gravity: Ragnarok Origin will launch in China on March 26 - Gravity announced that Ragnarok Origin will launch in China on March 26. The game received a ISBN by Chinese government in August 2023. Ragnarok Origin has driven Ragnarok IP's power globally with its remarkable performances since its launching in Korea in 2020, Japan and North America in 2021, Taiwan, Hong Kong and Macau in 2022, Southeast Asia in 2023 and North, Central, South America in February 2024, respectively.
GOEV

Hot Stocks

06:05 EDT Canoo's Oklahoma City facility approved as Foreign Trade Zone - Canoo announced that the U.S. Department of Commerce has approved its Oklahoma City facility as a Foreign Trade Zone. The approval marks a significant milestone that will accelerate Canoo's Made in America electric vehicle manufacturing strategy, improve unit profitability and enable a faster path to breakeven. Canoo's Oklahoma City facility currently employs more than 100 workers and will support as many as 1,100 good-paying manufacturing jobs at full capacity. FTZ designation allows for the elimination of all customs duties on vehicles sold to customers overseas and for deferral of customs duties on imported parts used in vehicles sold domestically. The company proudly sources more than 90% of its parts from the U.S. and allied nations. Approximately 70% of parts come from North America, and the remaining from the rest of the world. For international sales, the FTZ will significantly enhance profitability by lowering the vehicle cost by up to 5% on parts imported from the rest of the world. This cost reduction will occur when these Made-in-America vehicles are exported to international markets, which we plan to announce in the near future. For domestic sales, the FTZ designation improves working capital by millions of dollars by deferring customs, duties and tariffs related to imports from the time of port-of-entry of the parts until the vehicle is delivered to its customers. Furthermore, Canoo anticipates additional cost savings and benefits through a simplified customs process, a streamlined supply chain, and overall enhancements to its site security.
TELL

Hot Stocks

06:03 EDT Tellurian announces executive leadership changes - Tellurian announced the following leadership changes: Executive Vice President and President of Driftwood Assets, Samik Mukherjee, has been appointed President of Tellurian Investments, and has responsibility for the development of all Tellurian's assets, including upstream, Driftwood LNG and pipeline, as well as permitting, safety and asset integrity. Daniel Belhumeur, President of Tellurian Inc., retains accountability for finance, investor relations, legal, public and government affairs and human resources. Presidents Samik Mukherjee and Daniel Belhumeur will jointly manage Tellurian's commercial activities as we integrate our commercial activities with future operational execution and optimization. Tellurian CEO Octavio Simoes will move into an advisory role, and as previously announced, is to retire in June 2024.
CTRE

Hot Stocks

06:02 EDT CareTrust REIT raises quarterly dividend to 29c from 28c per share - CareTrust REIT announced that its Board of Directors has increased its quarterly common stock cash dividend from 28c to 29c per common share. The current dividend will be payable to common stockholders of record as of the close of business on March 28, and management affirmed that the company plans to pay the dividend on or about April 15.
UXIN

Hot Stocks

05:24 EDT Uxin enters term sheet for financing - Uxin announced that it has entered into a term sheet with Xin Gao and an investment fund focusing on automobile related industries on March 18 with respect to financing by the company from the Investors. Xin Gao is an existing shareholder of the company. Xin Gao is controlled by Kun Dai, the chairman of the company's board of directors and the company's chief executive officer. The term sheet constitutes a commitment by company and the Investors to negotiate in good faith to enter into definitive agreements for the financing from the Investors in an aggregate amount of approximately $34.8M at a subscription price of $0.004858 per share. The proposed transaction is subject to the parties' execution of definitive agreements and closing conditions to be stipulated therein.
NVEI

Hot Stocks

05:21 EDT Nuvei responds to recent press reports - Nuvei announced that it is aware of recent media reports speculating as to a potential going-private transaction involving the company. The company said, "While the Company's policy is to not comment on rumours or speculation, the Company confirms that, in connection with expressions of interest received by the Company, the board of directors of the Company formed a special committee of independent directors to evaluate and consider, in consultation with the Special Committee's and the Company's respective financial and legal advisors, such expressions of interest as well as any other strategic alternatives that may be available under the circumstances in the best interest of the Company. The Company further confirms that it is engaged in discussions with certain third parties in connection with a potential transaction involving continued significant ownership by certain of the holders of multiple voting shares, including Phil Fayer, Nuvei's founder, Chair and Chief Executive Officer. The Company cautions readers that it has not entered into any agreements or understandings to effect a privatization or similar transaction, and there can be no assurance that any discussions that have taken place will result in any such agreements or understandings. The Special Committee is continuing its evaluation of the proposals received to date and the strategic alternatives available to the Company, and no decision has been made at this time whether to pursue a transaction or maintain the status quo. Given the nature of the process, the Company does not intend on commenting further unless otherwise required pursuant to applicable securities laws and regulations."
LOGI

Hot Stocks

05:16 EDT Logitech CFO Charles Boynton to depart - Logitech announced that Charles Boynton, CFO, will be departing the company to pursue another career opportunity. Boynton will remain with the company as CFO through mid-May to ensure a transition for the end of the 2024 fiscal year. His successor will be named at a later date.
J

Hot Stocks

05:10 EDT Jacobs appointed to UK SST through 2030 - Jacobs has been selected by United Utilities, one of the U.K.'s largest listed water companies, to its Strategic Solutions Team, or SST, to support program optimization for major capital works through the asset management period, or AMP8, which runs from 2025 to 2030, and asset management period 9, or AMP9, which runs from 2030 to 2035. Working with United Utilities and its construction delivery partners, Jacobs will drive program and asset optimization, value engineering, innovation and standardization across the water company's existing and new asset base - developing integrated solutions and recommending preferred options based on best value, lowest carbon and cost. Jacobs' technical services will range from feasibility and value management studies, commercial modeling, business case development, design and digital engineering, to whole life cost, best value assessments and more. United Utilities values the total framework agreement at approximately $211M over the base contract period of six years with a five-year extension option.
WTW

Hot Stocks

05:07 EDT WTW to receive funding from USAID for climate-resilient insurance solution - WTW announced that it will receive funding from the U.S. Agency for International Development, or USAID, to develop a climate-resilient insurance solution that aims to unlock climate adaptation investment from the private sector. With USAID funding, WTW will design a pilot facility enabling the U.S. Development Finance Corporation to offer a parametric insurance solution that protects its direct loans to private enterprises from climate-related shocks. Following a triggering event, the subsequent loan repayment will be covered by the insurance payout. The Resilience Wrapper protects the borrowers' debt servicing obligations from the most impactful climate risks, ensuring that they can remain operational and avoid default following a shock event.
QD

Hot Stocks

05:01 EDT Qudian announces $300M share repurchase program - Qudian announced that its board of directors has authorized a share repurchase program under which the company may repurchase up to $300M worth of its outstanding American depositary shares, each representing one Class A ordinary share, and/or (ii) Class A ordinary shares over the next 36 months starting from June 13.