Stockwinners Market Radar for October 08, 2024 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

NEM

Hot Stocks

20:47 EDT Newmont to divest Akyem for up to $1B - Newmont has "announced it will sell its Akyem operation in the Republic of Ghana to Zijin Mining Group Co., Ltd. under a definitive agreement, for cash consideration of up to $1 billion. The sale is part of Newmont's ongoing program to divest non-core assets as the Company makes a strategic shift to focus on its Tier 1 assets. Under the terms of the agreement, Newmont is expected to receive cash consideration of $900 million upon closing. A further $100 million is expected to be received upon the satisfaction of certain conditions. Proceeds from the transaction will support the Company's capital allocation priorities, including strengthening the balance sheet and returning capital to shareholders. The transaction is expected to close in the fourth quarter of 2024, contingent on satisfaction of customary conditions precedent, including regulatory approvals. As a result, the transaction is not expected to have a material impact on Newmont's 2024 outlook and the Company has not adjusted its non-core guidance for the year. Newmont remains committed to Ghana including the investment of $950 million to $1,050 million of development capital in the Ahafo North gold mining project in the Ahafo region of Ghana."
AMZN

Hot Stocks

20:12 EDT Cathie Wood's ARK Investment buys 76.5K shares of Amazon.com today
RXRX

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20:11 EDT Cathie Wood's ARK Investment buys 124K shares of Recursion Pharmaceuticals today
BLDE

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20:10 EDT Cathie Wood's ARK Investment buys 203.3K shares of Blade Air Mobility today
MAXN

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19:50 EDT Maxeon Solar Technologies trading halted, news pending
HOLO

Hot Stocks

19:50 EDT MicroCloud Hologram Inc trading halted, news pending
VIRI

Hot Stocks

19:50 EDT Virios Therapeutics trading halted, news pending
VERB

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19:50 EDT Verb Technology Company Inc trading halted, news pending
XPON

Hot Stocks

19:50 EDT Expion360 Inc trading halted, news pending
WDS TELL

Hot Stocks

19:34 EDT Woodside completes acquisition of Tellurian - Woodside (WDS) announced has completed the acquisition of Tellurian (TELL) and its US Gulf Coast Driftwood LNG development opportunity. Woodside has acquired all issued and outstanding Tellurian common stock for approximately $900M cash, or $1.00 per share. The implied enterprise value is approximately $1.2B. Woodside also announced it has renamed the Driftwood LNG development opportunity Woodside Louisiana LNG. Woodside Louisiana LNG is an under-construction, pre-final investment decision, or FID, LNG production and export terminal in Calcasieu Parish, Louisiana. "This is a major growth opportunity that significantly expands our US LNG position, enabling us to better serve global customers and capture further marketing optimisation opportunities across both the Atlantic and Pacific Basins. Our acquisition provides a new strategic direction for this development. Woodside's world class expertise in project execution, operations and marketing means we are well-positioned to unlock the development and generate value. Woodside Louisiana LNG is a competitively advantaged opportunity. It is fully permitted, front-end engineering design is complete, and site civil works are well advanced. Woodside is targeting FID readiness from the first quarter of 2025, with the experienced Tellurian team and engineering, procurement and construction contractor Bechtel having completed substantial work to advance the opportunity to this stage. We are also pleased with the inbounds received from multiple parties looking to enter the opportunity as a strategic partner," the company stated.
ZLDPF

Hot Stocks

19:13 EDT Zealand Pharma issued Complete Response Letter for dasiglucagon in CHI - Zealand Pharma A/S announced that the U.S. Food and Drug Administration has issued a Complete Response Letter, or CRL, for Part 1 of the New Drug Application, or NDA, for dasiglucagon for the prevention and treatment of hypoglycemia in pediatric patients 7 days of age and older with congenital hyperinsulinism, or CHI, for up to 3 weeks of dosing. The regulatory review of dasiglucagon is being conducted in two parts under the same NDA. Part 1 relates to dosing of up to 3 weeks and Part 2 relates to the use beyond 3 weeks. Supporting the use of dasiglucagon in CHI beyond 3 weeks, the FDA requested additional analyses from existing continuous glucose monitoring datasets from the Phase 3 clinical program. Zealand expects to submit these data by the end of 2024. The CRL is related to the timing of a reinspection at a third-party contract manufacturing facility that was completed in August/September 2024. The third-party manufacturer has not yet received its inspection classification following the reinspection. A prior inspection of the facility had identified deficiencies that did not involve dasiglucagon. These prior deficiencies had been resolved as of this reinspection. The CRL did not state any concerns about the clinical data package or safety of dasiglucagon. "We at Zealand Pharma are acutely aware of the significant unmet medical need for newborns and children with congenital hyperinsulinism who have either no or very limited treatment options today," said David Kendall, M.D., Chief Medical Officer of Zealand Pharma. "We are committed to working with the FDA and our third-party manufacturing partner to bring dasiglucagon to patients living with this devastating disease in the months ahead."
HOOD

Hot Stocks

18:47 EDT Robinhood CEO Tenev sells 250,000 class A shares - In a regulatory filing, Robinhood CEO Vladimir Tenev disclosed the sale of 250,000 class A common shares of the company on October 4 at a price of $22.8815 per share.
AAPL

Hot Stocks

18:34 EDT Apple CFO Maestri sells 59,305 common shares - In a regulatory filing, Apple CFO Luca Maestri disclosed the sale of 59,305 common shares of the company on October 4 at a price of $226.52 per share.
CNP

Hot Stocks

18:19 EDT CenterPoint Energy collaborating with Technosylva to monitor for extreme events - CenterPoint Energy "announced an agreement to work with Technosylva, a global leader in wildfire science and extreme weather risk mitigation solutions, to utilize predictive analytics and artificial intelligence to better prepare CenterPoint's assets in extreme weather prone regions. The two companies have signed a Memorandum of Understanding enabling CenterPoint to leverage Technosylva's leading extreme weather risk predictive analytics and mitigation solutions throughout CenterPoint's entire network and will focus on an all-weather hazards approach. The collaboration is part of CenterPoint's $21B commitment over the next five years to electric and natural gas resilience initiatives, including improved reliability and system modernization."
NVX

Hot Stocks

18:08 EDT Novonix, ICoNiChem sign joint collaboration agreement - Novonix (NVX) and ICoNiChem Widnes "announced the signing of a Joint Collaboration Agreement focused on the development of nickel-based cathode active materials. NOVONIX and ICoNiChem have been selected for funding under the 2024 Canada-UK critical minerals call for proposals, which is focused on advancing projects related to critical minerals essential for industries like renewable energy, electric vehicles, and electronics. To support their participation in the project, NOVONIX Battery Technology Solutions Inc., a Canadian division of NOVONIX, is receiving advisory services and up to CAD $127,928 in funding from the National Research Council of Canada Industrial Research Assistance Program, while ICoNiChem is receiving support through Innovate UK. The 2-year project, with a total budget of CAD $515,686 between NOVONIX and ICoNiChem, aims to further improve the sustainability of the NOVONIX all-dry, zero-waste technology by incorporating recycled metal feedstock, such as cobalt and nickel carbonates and oxides, into the process."
PRKS

Hot Stocks

17:43 EDT United Parks & Resorts names James Mikolaichik as new CFO - United Parks & Resorts announced that James "Jim" Mikolaichik will assume the role of Chief Financial Officer and Treasurer effective Nov. 11, 2024. Mr. Mikolaichik brings over 30 years of global financial and strategic planning experience to United Parks & Resorts. Most recently, he served as CFO of MyEyeDr. Prior to that, he was Executive Vice President and CFO at Diamond Resorts.
LEU

Hot Stocks

17:18 EDT Centrus Energy unit wins award from DoE for HALEU deconversion - Centrus Energy announced that its subsidiary, American Centrifuge Operating, has won an award from the U.S. Department of Energy to support deployment of technology and equipment to deconvert High-Assay, Low-Enriched Uranium from uranium hexafluoride to uranium oxide and/or uranium metal forms, a key step in the nuclear fuel production process. ACO is one of six awardees being announced today for deconversion, with a minimum contract value of $2M and a maximum value for all awardees of $800M. The ultimate dollar amount associated with this award will depend upon what task orders ACO is subsequently issued and their value.
BWXT

Hot Stocks

17:16 EDT BWX Technologies selected by US DOE - BWX Technologies announced that its Nuclear Fuel Services subsidiary was selected by the U.S. Department of Energy, or DOE, as one of the successful bidders for High-Assay Low-Enriched Uranium, or HALEU, deconversion services to support the civil advanced reactor marketplace. This is an indefinite-delivery, indefinite-quantity contract where future orders will be solicited by DOE from those who received awards, including NFS. The minimum ordering guarantee is $2M.
PSTG

Hot Stocks

17:10 EDT Pure Storage founder sells $5.1M in common stock - In a regulatory filing, Pure Storage disclosed that its Founder and Chief Visionary Officer John Colgrove sold 100K shares of common stock on October 4th in a total transaction size of $5.1M.
EXPI

Hot Stocks

17:10 EDT eXp World CEO Sanford sells 40,000 common shares - In a regulatory filing, eXp World Holdings chairman and CEO Glenn Darrel Sanford disclosed the sale of 40,000 common shares of the company on October 8 at a price of $13.4062 per share.
BBW

Hot Stocks

17:09 EDT Build-A-Bear CEO John sells 48,325 common shares - In a regulatory filing, Build-A-Bear president and CEO Sharon Price John disclosed the sale of 48,325 common shares of the company on October 8 at a price of $35.1885 per share.
ATOM

Hot Stocks

17:07 EDT Atomera collaborates with CINT on GaN transistors - Atomera announced a user project at the Center for Integrated Nanotechnologies, or CINT, at Sandia National Laboratories, a Department of Energy, Office of Science, Nanoscale Science Research Center, to address the challenges of growing Gallium Nitride, or GaN, films on Silicon, or Si. This project aims to create the world's first GaN transistors and test data from wafers employing Atomera's Mears Silicon Technology. The effort will build upon improvements already observed at the materials level in GaN/MST on Silicon wafers.
SVM

Hot Stocks

17:05 EDT Silvercorp Metals renews mining license at Ying Mining District - Silvercorp Metals announced that the SGX Mine permit has been renewed for another 11 years with an increased capacity of 500,000 tonnes per year, based on the information posted on the website of the Mineral Rights Administration of the Department of Natural Resources of Henan Province. The Yuelianggou Mining License containing the SGX and HZG silver-lead-zinc mines, located in the western part of the Ying Mining District, has been renewed until September 24, 2035 with an increase in production capacity to 500,000 tonnes per year. To renew a mining permit, the Company is required to complete a series of studies and reports, including a Mineral Resource estimate to Chinese standards, a mine development plan, a mine reclamation plan, an environment and soil preservation plan, an Environment Impact Study update, and a safety production facility construction design. All these studies are required to be reviewed by independent panels and then filed with government authorities. Subject to a final assessment of historical government investment in the License area which may result in certain payments, the License in paper certificate will be issued to Silvercorp. Currently, the SGX and HZG mines are operating normally and is also working on the mine optimization plan to achieve allowed production capacity of 500,000 tonnes per year.
GD

Hot Stocks

17:05 EDT General Dynamics awarded $349.78M Navy contract modification - General Dynamics was awarded a not-to-exceed $349.78M undefinitized contract action modification to a previously awarded contract for long lead time material in support of the planned Virginia Class Block VI submarines, and in furtherance of the Navy's commitment to the health and stability of the industrial base. Work is expected to be completed by September 2035. FY24 shipbuilding and conversion funds in the amount of $349.78M will be obligated at time of award and will not expire at the end of the current fiscal year. Naval Sea Systems is the contracting activity.
GD

Hot Stocks

17:04 EDT General Dynamics awarded $878M Navy contract modification - General Dynamics was awarded a not-to-exceed $878M undefinitized contract action modification to a previously awarded contract for additional material in support of the planned Virginia Class submarines SSN 812 and SSN 813 and in furtherance of the Navy's commitment to the health and stability of the industrial base. Work is expected to be completed by September 2033. FY24 shipbuilding and conversion funds in the amount of $658.5M will be obligated at time of award and will not expire at the end of the current fiscal year. Naval Sea Systems Command is the contracting activity.
OR

Hot Stocks

17:02 EDT Osisko Gold reports preliminary Q3 gold deliveries of 18.4K oz - Osisko Gold "provides an update on its third quarter 2024 preliminary deliveries, revenues and cash margin, as well as on its cash and debt positions as of September 30th, 2024. Osisko earned 18,408 attributable gold equivalent ounces in the third quarter of 2024. Osisko recorded preliminary revenues from royalties and streams of $57.3 million during the third quarter and preliminary cost of sales of $2.2 million, resulting in a quarterly cash margin2 of approximately $55.1 million. As at September 30th, 2024, Osisko's cash position was $58.5 million. The Company's revolving credit facility was drawn by $80.7 million at the end of September 2024, with an additional amount of $469.3 million available to be drawn plus the uncommitted accordion of up to $200.0 million. The net debt position as of September 30, 2024 was reduced to $22.2 million during the third quarter following debt repayments of $27.3 million."
LTRY

Hot Stocks

16:54 EDT Lottery.com auditors raise 'substantial doubt' about company as 'going concern' - In a letter, Yusufali & Associates, LLC state: "We have audited the accompanying restated consolidated balance sheets of Lottery.com Inc. as of December 31, 2023, and 2022, and the related consolidated statements of operations and comprehensive loss, equity, and cash flows for each of the years in the two-year period ended December 31, 2023, and the related notes. In our opinion, except for the effects of the Company having not filed its 2023 and 2022 United States federal and state corporate income tax returns as described in Note 14 of the financial statements, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2023, and 2022, and the results of its operations and its cash flows for the years then ended in conformity with accounting principles generally accepted in the United States of America. The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 2 to the financial statements, the Company has stockholder's deficit, net losses, and negative working capital. These factors raise substantial doubt about the Company's ability to continue as a going concern. Management's plans in regard to these matters are also described in Note 2. The financial statements do not include any adjustments that might result from the outcome of this uncertainty."
STZ

Hot Stocks

16:32 EDT Constellation Brands appoints E. Yuri Hermida Chief Growth & Strategy Officer - Constellation Brands announced the appointment of E. Yuri Hermida as the company's new Executive Vice President, Chief Growth & Strategy Officer. In this role, Hermida will be responsible for Consumer Insights & Innovation, Digital, Transformation, Media, New Business Ventures, and Strategy & Analytics. He will report directly to Bill Newlands, President and Chief Executive Officer, and will serve as a member of Constellation's executive management committee.
GVA

Hot Stocks

16:31 EDT Granite announces $34M seismic improvement project at OAK - Granite announced the signing of a $34M contract to implement seismic improvements to the Oakland International Airport Perimeter Dike. This critical infrastructure project is designed to protect the airport runway from water intrusion from the adjacent San Francisco Bay. Project funding comes in part from the Federal Aviation Administration and will be included in Granite's third-quarter CAP. The primary objective of this project is to enhance the seismic resilience of 4,200 LF of the OAK perimeter dike by utilizing a cement deep soil mixing construction solution. This technique will strengthen the levee wall soils and mitigate the risk of dike failure in the event of a strong seismic event. Keller North America, Inc, a leading geotechnical specialty subcontractor, performed the CDSM scope. In addition to the 62,295 CY of CDSM scope, other work includes clearing and grubbing, constructing temporary work pads, installing wetlands protections, protecting in-place existing fuel lines, and installing 2,100 CY of additional rip rap revetment and aggregate base surfacing to restore the existing perimeter road. "This project is a strategic win for Granite as we continue to build our portfolio of work with the Port of Oakland," said Brent Fogg, Granite Vice President of Regional Operations. "The technical challenges and restricted access of this project will require meticulous logistical planning to ensure an efficient and safe workflow and zero impact on Airport Operations."
ATEX

Hot Stocks

16:31 EDT Anterix appoints Scott Lang as CEO - Anterix announced the appointment of Scott Lang as President and CEO effective by November 1. Rob Schwartz will be stepping down after a decade of pioneering leadership and will support Lang and serve as an advisor to the Board to assist in a successful leadership transition. Lang is a highly accomplished and seasoned global executive with a demonstrated history of innovation, having spent more than 30 years working with major companies at the intersection of telecommunications and electric utilities. As the former CEO and Executive Chairman for Silver Spring Networks, Lang played a major role in successfully positioning the company as an innovative leader within the utility sector before selling the company to Itron in 2018.
CNS

Hot Stocks

16:25 EDT Cohen & Steers reports preliminary AUM of $91.8B as of September 30 - Cohen & Steers reported preliminary assets under management of $91.8B as of September 30, 2024, an increase of $3.7B from assets under management of $88.1B at August 31, 2024. The increase was due to market appreciation of $2.6B and net inflows of $1.3B, partially offset by distributions of $286M.
WOR

Hot Stocks

16:23 EDT Worthington names Colin Souza CFO - Colin Souza will become vice president and chief financial officer of Worthington Enterprises effective November 1. He is currently vice president of finance for the company overseeing financial planning and analysis, corporate development, M&A and corporate strategy and innovation.
WOR

Hot Stocks

16:21 EDT Worthington CEO Andy Rose to retire, Joseph Hayek to succeed - Worthington board of directors announced Joseph Hayek as the company's next president and chief executive officer, or CEO, effective November 1. Hayek, who currently is the company's executive vice president, chief financial and operations officer, will replace Andy Rose who is retiring. Worthington Enterprises board of directors chairman John Blystone, said, "Joe is a proven leader with a deep understanding of the business, Worthington's culture and a demonstrated ability to capitalize on the opportunities ahead. We expect a seamless and effective transition as Joe has earned the respect of the Board, our employees and the investment community, and we look forward to continuing to support him and his leadership team as they drive long-term shareholder value."
BKD

Hot Stocks

16:17 EDT Brookdale reports September weighted average occupancy up 30 basis points - Brookdale Senior Living reported its consolidated occupancy for September: September weighted average occupancy increased 30 basis points sequentially to 79.2%, while month end occupancy grew to 80.5%; September represents the Company's thirty-fifth consecutive month of year-over-year weighted average occupancy growth; Q3 weighted average occupancy increased 130 basis points when compared to the third quarter of 2023, and 80 basis points when compared to the Q2; Q3 move-ins and move-outs were favorable sequentially to the Q3.
ICCC

Hot Stocks

16:14 EDT Immucell reports Q3 revenue $6M, one estimate $5.4M - ImmuCell announced preliminary, unaudited sales results for the third quarter of 2024, which ended September 30. During the three-,nine- and twelve-month periods ended September 30 annualized production output was approximately 73%, 81% and 77%, respectively, of the company's estimated full capacity of approximately $30M per year. As of September 30 the backlog of orders aggregated approximately $7.3M. The Company believes that the current backlog reflects strong demand as distributors work to replenish their buffer stocks and as end-users place orders in advance of the first quarter calving season..."We continue to work to achieve FDA approval to commercialize Re-Tain ," commented Michael F. Brigham, President and CEO of ImmuCell. "We plan to provide an update when we have filed our Non-Administrative NADA . We anticipate making this submission later this year, shortly after the inspectional observations at our contract manufacturer are resolved to the satisfaction of the FDA. We have been in discussions with the FDA about an expedited review at that point."
DIS

Hot Stocks

16:13 EDT Disney says Walt Disney World parks to close in phases on October 9 - In an update on Tuesday, October 8, at 3:30 PM ET, Disney stated: "We continue to closely monitor the path of Hurricane Milton. Based on the latest projection, we are making additional operational adjustments for the safety of our Guests and Cast Members beginning Wednesday, October 9... On Wednesday, October 9, our theme parks and Disney Springs will be closed in phases beginning at 1:00 PM. Disney's Hollywood Studios and Disney's Animal Kingdom theme park will close at 1:00 PM; Magic Kingdom park, EPCOT and Disney Springs will close at 2:00 PM. It is likely the theme parks will remain closed on Thursday, October 10. We will consider opening Disney Springs on Thursday in the late afternoon, with limited offerings. This includes the cancellation of Mickey's Not-So-Scary Halloween Party at Magic Kingdom park on Thursday, October 10. Event tickets will be refunded." Reference Link
MYGN

Hot Stocks

16:13 EDT Myriad Genetics announces five research collaborations to study MRD testing - Myriad Genetics announced a series of ongoing research collaborations to study the use of molecular residual disease, or MRD, testing in breast cancer using Myriad's Precise MRD test. A study to determine whether circulating tumor DNA, or ctDNA, level may predict magnitude of response to pembrolizumab and hormonal therapy in patients with HR-positive inflammatory breast cancer who did not achieve pathological complete response at the time of surgery, led by Bora Lim, at The University of Texas MD Anderson Cancer Center. A study to evaluate whether ctDNA levels correlate with nodal involvement in patients with newly diagnosed HR-positive breast cancer and, if so, how the correspondence may be used to aid in surgical decision making, led by Anna Weiss, at The University of Rochester Medical Center. The multicenter, prospective MONITOR-breast study to determine the association of ctDNA levels to both neoadjuvant and adjuvant therapy in patients with newly diagnosed breast cancer across all subtypes. The study will involve 650 patients and will assess the prognostic potential of ctDNA and the lead time of detecting recurrence earlier ahead of standard-of-care imaging. The multicenter, prospective study JBCRG-C11 to evaluate the maintenance of complete response with trastuzumab deruxtecan in HER2-positive advanced or metastatic breast cancer patients and whether ctDNA can be used to optimally guide therapy, led by Yoichi Naito, of the National Cancer Center Hospital East in Japan. A study in partnership with Aptitude Health to assess ctDNA levels in high-risk patients at diagnosis, during neoadjuvant treatment, and following surgery in community oncology settings.
TRNO

Hot Stocks

16:11 EDT Terreno Realty says operating portfolio 97% leased at September 30, 2024 - As of September 30, 2024, Terreno Realty Corporation owned 294 buildings aggregating approximately 18.3 million square feet and 45 improved land parcels consisting of approximately 152.4 acres leased to 675 customers: The operating portfolio was 97.0% leased at September 30, 2024 as compared to 96.0% at June 30, 2024 and 98.3% at September 30, 2023; The same-store portfolio of approximately 14.6 million square feet was 97.3% leased at September 30, 2024 as compared to 96.0% at June 30, 2024 and 98.4% at September 30, 2023; The improved land portfolio of 45 parcels totaling approximately 152.4 acres was 98.1% leased at September 30, 2024 as compared to 98.1% at June 30, 2024 and 96.3% at September 30, 2023; Cash rents on new and renewed leases totaling approximately 0.5 million square feet and 0.3 acres of improved land commencing during the third quarter increased approximately 24.1% with a tenant retention ratio of 67.3% for the operating portfolio and 100.0% for the improved land portfolio. Cash rents on new and renewed leases totaling approximately 1.6 million square feet and 22.5 acres of improved land commencing during the nine months ended September 30, 2024 increased approximately 40.5% with a tenant retention ratio of 58.0% for the operating portfolio and 66.3% for the improved land portfolio; Executed an early lease renewal for 5.4 acres of improved land in Carson, California with a leading national ground delivery company. The lease, which was to expire in March 2025, will now expire March 2030; Executed an early lease renewal for 99,000 square feet in Torrance, California with a global supplier of automotive parts, components and technologies. The lease, which was to expire in January 2025, will now expire January 2030; Executed a lease for 69,000 square feet in San Leandro, California with an ocean freight provider. The lease commenced on September 30, 2024 and will expire January 2030; Executed early lease renewals of three buildings totaling 172,000 square feet in Sunnyvale, California with a leading provider of molecular diagnostic testing. The leases, which were to expire in March 2025, will now expire March 2030; Executed a lease for 75,000 square feet in Elizabeth, New Jersey with a third-party logistics provider. The lease commenced on September 30, 2024 and will expire January 2028; and pre-leased 67% of Countyline Corporate Park Phase IV Building 33 in Hialeah, Florida.
AREN

Hot Stocks

16:09 EDT Arena Group receives continued listing standard notice from NYSE - The Arena Group Holdings announced that it received a notification on October 2, 2024 from the NYSE American informing the Company that it is not in compliance with the minimum stockholders' equity requirements of Sections 1003(a)(i), 1003(a)(ii) and 1003(a)(iii) of the NYSE American Company Guide requiring stockholders' equity of (i) $2.0 million or more if the Company has reported losses from continuing operations and/or net losses in two of its three most recent fiscal years, (ii) $4.0 million or more if the Company has reported losses from continuing operations and/or net losses in three of the four most recent fiscal years and (iii) $6.0 million or more if the Company has reported losses from continuing operations and/or net losses in its five most recent fiscal years, respectively.
ALAB

Hot Stocks

16:08 EDT Astera Labs introduces new portfolio of fabric switches - Astera Labs announced a new portfolio of fabric switches, including the industry's first PCIe 6 switch, built from the ground up for demanding AI workloads in accelerated computing platforms deployed at cloud-scale. The Scorpio Smart Fabric Switch portfolio is optimized for AI dataflows to deliver maximum predictable performance per watt, high reliability, easy cloud-scale deployment, reduced time-to-market, and lower total cost of ownership. The Scorpio Smart Fabric Switch portfolio features two application-specific product lines with a multi-generational roadmap: Scorpio P-Series for GPU-to-CPU/NIC/SSD PCIe 6 connectivity - architected to support mixed traffic head-node connectivity across a diverse ecosystem of PCIe hosts and endpoints; Scorpio X-Series for back-end GPU clustering - architected to deliver the highest back-end GPU-to-GPU bandwidth with platform-specific customization. Jitendra Mohan, Chief Executive Officer, Astera Labs, said, "Hyperscalers are deploying highly specialized AI platforms at an unprecedented pace, scale, and complexity. Our new Scorpio Smart Fabric Switch portfolio delivers maximum system utilization and uptime for two specific AI use cases - scale-out PCIe connectivity with Scorpio P-Series and back-end, scale-up GPU clustering with Scorpio X-Series. Scorpio offers energy efficient fabric solutions with predictable, secure, and high-performance data flows and extensive fleet management capabilities for accelerated AI infrastructure deployments at cloud-scale."
INSM

Hot Stocks

16:07 EDT Insmed presents data from Phase 3 ASPEN study - Insmed presented positive late-breaking subgroup data from the Phase 3 ASPEN study, a global, randomized, double-blind, placebo-controlled Phase 3 study to assess the efficacy, safety, and tolerability of brensocatib in patients with non-cystic fibrosis bronchiectasis. Posters with the details from these subgroup analyses can be found HERE. These data were presented at the CHEST 2024 Annual Meeting, held October 6-9 in Boston, along with several other presentations from across Insmed's respiratory portfolio. "The positive results from the landmark Phase 3 ASPEN study have generated tremendous excitement among physicians and patients alike, providing hope for a much-needed approved treatment for bronchiectasis," said lead study investigator James Chalmers, Professor and Consultant Respiratory Physician at the School of Medicine, University of Dundee, UK. "It is particularly exciting to see that, consistent with the overall trial analysis, brensocatib 25 mg was able to slow lung function decline as measured by FEV1 for all prespecified subgroups, further underscoring the potential impact this investigational treatment candidate may have on a diverse range of patients if approved." Consistent with positive results for the overall ASPEN population, the annualized rate of pulmonary exacerbations favored brensocatib at both the 10 mg and 25 mg doses over placebo for almost all subgroups. In a separate analysis, least squares mean difference for brensocatib 25 mg demonstrated a reduced decline in post-bronchodilator FEV1 at Week 52 versus placebo for all prespecified subgroups. Results for patients treated with brensocatib 10 mg among subgroups were aligned with the overall trial population results. Insmed plans to file a New Drug Application with the FDA for brensocatib in patients with bronchiectasis in the fourth quarter of 2024. Pending regulatory approvals, Insmed anticipates a U.S. launch for brensocatib in mid-2025 followed by launches in Europe and Japan in the first half of 2026. If approved, brensocatib would be the first approved treatment for patients with bronchiectasis as well as the first approved dipeptidyl peptidase 1 inhibitor-a new mechanism of action with the potential to address a range of neutrophil-mediated diseases.
SQ

Hot Stocks

16:07 EDT Square launches orders platform - In the third quarter of 2024, Square said it completed a significant infrastructure shift, creating a "best-in-class commerce platform with leading payments and ordering capabilities for sellers." "The new platform fundamentally changes how the company builds products and will provide expanded commerce capabilities like Pre-Auth and Bar Tabs to sellers of all sizes across verticals in the U.S.," the company said. "Square's new order-based infrastructure is designed to help sellers grow their business by enabling them to complete a sale anywhere and anyhow, which allows them to run an efficient operation that delights customers and gives sellers time back." "We are thrilled that sellers in the U.S. are now on the new Orders Platform, which is currently in general availability. This is a key unlock for innovation and we expect this will accelerate product velocity going forward," said Saumil Mehta, Head of Product for Square. "With the Orders platform, Square will be able to provide more checkout flexibility to sellers - whether their customers are seeking to order ahead, open a bar tab or set up a subscription, sellers using Square will be able to offer more options to capture sales across their businesses."
ZETA

Hot Stocks

16:06 EDT Zeta Global to acquire LiveIntent for $250M - Zeta Global announced it has entered into an agreement to acquire LiveIntent. Founded in 2009, LiveIntent is a pioneer in people-based marketing, with proprietary technology powering mobile-centric experiences and first-party identity solutions to identify, unlock, engage, and monetize audiences across channels. "We are excited to welcome LiveIntent to Team Zeta as we continue to build out our position and sharpen our differentiation in AI-powered marketing," said David A. Steinberg, Co-Founder, Chairman, and CEO of Zeta Global. "We have gotten to know the LiveIntent team through our work with them over the past five years and have seen firsthand the benefits of their core assets and experienced the impact of their platform. As more brands view first party data as a corporate asset, seek to make AI actionable, and move towards a single platform that powers more efficient and effective marketing across the customer lifecycle, this acquisition accelerates Zeta's flywheel and positions the combined company to continue to grow faster than the market." Pursuant to the definitive merger agreement, Zeta will purchase LiveIntent for a total consideration of $250 million, subject to customary adjustments, in the form of $77.5 million in cash-on-hand and $172.5 million in common stock at closing. The stock consideration is subject to a lockup and limitations on sale volume following the release. The agreement also provides for a potential earnout of 50% cash and 50% stock tied to significant Adjusted EBITDA growth and sustained margin expansion targets in each of fiscal years 2025, 2026, and 2027. The maximum potential earn-out consideration is $25 million per year for each of the three years. Zeta has also agreed to issue $25 million in Performance Stock Units to the LiveIntent management team tied to certain performance and retention targets for fiscal years 2025, 2026, and 2027. The transaction is expected to close in the fourth quarter of 2024 and is subject to customary closing conditions.
BA

Hot Stocks

15:57 EDT S&P places Boeing ratings on CreditWatch negative - S&P Global Ratings stated: "The strike by Boeing Co.'s machinist union is in its fourth week, increasing financial risk for the company. We estimate the company will incur a cash outflow of approximately $10 billion in 2024, due in part to working capital buildup to support manufacturing process overhaul and costs associated with the strike. We believe the company will likely require incremental funding to maintain its target cash balance, fund operating and working capital, and meet debt maturities. Therefore, we placed the ratings on Boeing, including the 'BBB-' issuer credit rating and senior unsecured debt ratings, on CreditWatch with negative implications. We are also placing our 'A-3' short-term and commercial paper ratings on CreditWatch with negative implications. The CreditWatch listing reflects the increased likelihood of a downgrade if the strike persists toward the end of the year, further constraining the recovery in the company's cash flow generation and the company does not raise capital sufficient to meet its upcoming needs in such a way that does not increase financial leverage."
CMCSA

Hot Stocks

15:26 EDT Universal Studios Florida will be closed on Thursday, October 10 - In a weather update at 2:15 PM, Universal Orlando Resort stated: "Due to Hurricane Milton, Universal Orlando Resort is making the following operational changes for Wednesday, Oct. 9 and Thursday, Oct. 10. On Wednesday, Oct. 9, Universal Studios Florida, Islands of Adventure and Universal CityWalk will be open until 2 p.m. and will be closed on Thursday, Oct. 10. (*Note: Hours of operation are subject to change based on forecast alterations and some attraction and experience availability may be limited on Wednesday as we prepare for an early closure). Universal Volcano Bay will be closed Wednesday, Oct. 9 and Thursday, Oct. 10. Halloween Horror Nights at Universal Studios Florida is canceled for Wednesday, Oct. 9 and Thursday, Oct. 10. Our hotels remain operational as they focus on taking care of our guests. We anticipate a full reopening of our destination, including Halloween Horror Nights, on Friday, Oct. 11 at our normal operating hours pending the outcome of storm impacts." Reference Link
MSFT

Hot Stocks

15:06 EDT Microsoft debuts Copilot in OneDrive, available for commercial customers - Jason Moore With Copilot Agents blogged in part earlier: "You can gather relevant files, documents, and data into a powerful, shareable assistant that knows everything about your project. They're simple to create. You can even customize it with a unique name and icon, making it instantly recognizable across your workspace. At today's OneDrive , we unveiled a powerful lineup of new features designed to help you work smarter, stay organized, and relive life's best moments - all through the magic of AI. Whether you're an IT Pro managing enterprise-grade compliance or a parent organizing family memories...One of the most exciting innovations shared today is that Copilot Agents are coming to OneDrive! Think of Copilot Agents as a custom-built AI assistant, designed by you and tailored to meet your specific needs. Create Your Own AI Assistant..Automate and Simplify Repetitive Tasks. Shareable and Scalable.Collaboration at a New Level..The true power of Copilot Agents lies in their flexibility. Just like any other file, you can copy, share, and organize them with ease. Need to onboard a new team member? ...Today marks a new milestone with the arrival of Copilot in OneDrive, available now for all commercial customers. Copilot transforms the way you interact with your files, offering AI-powered capabilities that boost productivity like never before." Reference Link
IMRX

Hot Stocks

14:59 EDT Immuneering treatment of pancreatic cancer granted FDA orphan status - Immuneering's treatment of pancreatic cancer was granted FDA orphan designation, according to a post to the agency's website. Reference Link
BA

Hot Stocks

14:47 EDT FAA issues safety alert for operators over Boeing 737 rudder issue - The U.S. Federal Aviation Administration issued a safety alert for operations over the potential for a jammed or restricted rudder on Boeing (BA) 737 series aircraft equitted with optional Collins Aerospace (RTX) SVO-730 Rudder Rollout Guidance Actuators. A recent event occurred involving a Boeing 737-8, where the flightcrew was unable to move the rudder pedals during landing rollout. Based on post-incident investigation, it is believed that the Collins Aerospace SVO-730 RRGA was the source of the flight control restriction. The RRGA provides rudder inputs during landing rollout, where directional guidance is provided by the autoflight system after touchdown on CAT IIIB equipped airplanes. The airplane was equipped with the RRGA, but not electrically connected to the Digital Flight Control System. Preliminary findings suggest the jammed or restricted rudder was a result of moisture that had previously entered the actuator and froze during flight. Boeing 737 airplanes with the SVO-730 RRGA installed may be affected by this condition. This also includes airplanes with electrically deactivated actuators that remain mechanically connected to the upper portion of the rudder input torque tube per normal system installation. Airplanes which have the RRGA actuators removed are not affected. Operators should familiarize themselves with the information contained in this SAFO and Boeing's Multi-Operator Message 24-0142-02B. This MOM references an Operations Manual Bulletin to be provided to each operator to reiterate appropriate flightcrew guidance. Reference Link
MSFT...

Hot Stocks

14:39 EDT Hearst and OpenAI announce strategic content partnership - Hearst announced a new content partnership with OpenAI which will integrate Hearst's extensive newspaper and domestic magazine content into OpenAI's products, enhancing the utility and reach of both companies' offerings. As part of the partnership, OpenAI will incorporate content from Hearst's celebrated brands of trusted journalism - including Houston Chronicle, San Francisco Chronicle, Esquire, Cosmopolitan, ELLE, Runner's World, Women's Health and others - into its advanced AI products. This collaboration spans over 20 magazine brands and 40+ newspapers, enriching ChatGPT's 200 million weekly users with a vast array of lifestyle content. From local news to fashion and home design and health, fitness, and automotive insights, users will now experience an even broader and deeper connection to the topics that shape their daily lives. "As generative AI matures, it's critical that journalism created by professional journalists be at the heart of all AI products," said Hearst Newspapers President Jeff Johnson. "This agreement allows the trustworthy and curated content created by Hearst Newspapers' award-winning journalists to be part of OpenAI's products like ChatGPT - creating more timely and relevant results." "Our partnership with OpenAI will help us evolve the future of magazine content," said Hearst Magazines President Debi Chirichella. "This collaboration ensures that our high-quality writing and expertise, cultural and historical context and attribution and credibility are promoted as OpenAI's products evolve."...Investors in OpenAI include Microsoft (MSFT), Thrive Capital, Khosla Ventures, Fidelity Management, Nvidia (NVDA), and SoftBank (SFTBY). Reference Link
NVO LLY

Hot Stocks

14:35 EDT CBO sees medicare covering anti-obesity drugs raising federal spending by $35B - The Congressional Budget Office estimates the budgetary effects of an illustrative policy that would authorize Medicare to cover anti-obesity medications. The policy would apply to all beneficiaries with obesity and some beneficiaries who are classified as overweight. Medicare beneficiaries who are overweight or who have the medical condition of obesity are more likely to have worse health outcomes and higher health care expenditures than beneficiaries in the healthy weight category. Among adults enrolled in randomized controlled trials, treatment with certain anti-obesity medications (AOMs) has been shown to lead to significant weight loss and improved health when recipients use the drugs consistently and at the prescribed time intervals. Those drugs include glucagon-like peptide 1 (GLP-1) receptor agonists, which were originally approved to treat diabetes. The Medicare program covers some obesity-related services, including screening, behavioral counseling, and bariatric surgery (a procedure performed on the stomach or intestines to induce weight loss). It is prohibited by law from covering medications for weight management as part of the standard prescription drug benefit. Medicare covers GLP-1-based products only for beneficiaries who use them for medically accepted indications other than weight management. Currently, those accepted indications are diabetes and cardiovascular disease. Policymakers have introduced legislation to authorize Medicare to cover those medications more broadly. The CBO said that authorizing coverage of the medications would increase federal spending by about $35B from 2026 to 2034, adding that the average direct federal cost per AOM user would be roughly $5,600 in 2026, decreasing to $4,300 in 2034. Additinally, the CBO said that over 12.5M Medicare beneficiaries would newly quality for AOMs in 2026 under the illustrative policy, noting that 2% of the newly eligible population would use an AOM in 2026. Publicly traded companies with anti-obesity drugs include Novo Nordisk (NVO) and Eli Lilly (LLY). Reference Link
GM

Hot Stocks

14:31 EDT General Motors to build battery cell development center in Michigan - General Motors announced at its Investor Day that it "will be building a battery cell development center at our global tech center in Warren, Michigan."
GM

Hot Stocks

14:26 EDT GM up 1% after saying sees 2025 profitability in 'similar range to 2024' - Shares of GM are up 33c, or about 1%, to $46.31 in afternoon trading as the company's investor day event continues.
META...

Hot Stocks

14:26 EDT States sue TikTok alleging that platform exploits and harms young users - California Attorney General Rob Bonta and New York Attorney General Letitia James co-led a bipartisan coalition of 14 attorneys general in filing separate enforcement actions against TikTok for violations of state consumer protection laws. Filed in Santa Clara County Superior Court, Attorney General Bonta's action alleges that TikTok exploits and harms young users and deceives the public about the social media platform's dangers. The action seeks significant penalties, as well as injunctive and monetary relief, to address TikTok's misconduct. "Our investigation has revealed that TikTok cultivates social media addiction to boost corporate profits. TikTok intentionally targets children because they know kids do not yet have the defenses or capacity to create healthy boundaries around addictive content," said Attorney General Rob Bonta. "When we look at the youth mental health crisis and the revenue machine TikTok has created, fueled by the time and attention of our young people, it's devastatingly obvious: Our children and teens never stood a chance against these social media behemoths. TikTok must be held accountable for the harms it created in taking away the time - and childhoods - of American children." Publicly traded companies in the social media space that compete with TikTok include Meta Platforms (META), Alphabet (GOOGL), Pinterest (PINS), Reddit (RDDT) and Snap (SNAP). Reference Link
GM

Hot Stocks

14:16 EDT GM says EV a growth market, on track to retrieve positive variable profit in Q4 - Discussing EVs at its Investor Day, General Motors said, "We are on track to retrieve positive variable profit in Q4. To get there, we are driving strong execution, accelerated material cost reductions on top of that and realizing our operational efficiencies as we come online in volume. We expect to produce approximately 200,000 EVs in North America this year, which we think is the right level because the market continues to grow slowly but surely and we are scaling to meet the demand where it is at... At the other end of the market late next year, we will launch the next generation Bolt. The 2026 Bolt will offer the same value as the original Bolt and much more and it will be a moneymaker for us... As we predicted EV are privy to be for us a growth market."
GM

Hot Stocks

13:59 EDT GM says EV losses to peak in 2024, to focus on improving profitability in 2025 - Discussing 2025 at the company's Investor Day, General Motors said it expects performance "will be in a similar range to 2024." "We believe our EV losses peak this year, and we're focused on significantly improving profitability next year. We will exit 2024 with a fixed cost structure that is $2B lower than two years ago. GM and our partner SAIC are taking bold steps to make sure our joint venture in China is profitable and sustainable. In China, you will begin to see evidence of a turnaround yet this year with a significant reduction in dealer inventory and modest improvements in sales and share. A combination of these factors will allow us to continue to generate and return significant cash to shareholders after we reinvest in the business. We expect to reduce our common shares outstanding to less than one billion by early next year. That is down about 600,000,000 shares from our peak."
BTBT...

Hot Stocks

13:46 EDT Crypto.com files suit against U.S. SEC to 'protect' future of crypto industry - Crypto.com, a cryptocurrency exchange that supports trading, investing, staking, wallets, NFTs, has filed a lawsuit against the U.S. SEC after receiving a Wells notice... Crypto.com blogged in part, earlier on Tuesday: "Crypto.com has filed suit against the U.S. Securities and Exchange Commission, or SEC . We are doing so to protect the future of the crypto industry in the U.S., joining a series of our peers who are actively defending themselves and taking action against a misguided federal agency acting beyond its authorization under the law. Our decision to sue the SEC follows our receipt of a Wells notice from the Commission staff, illustrating that the SEC's unauthorized and unjust regulation by enforcement campaign continues despite bipartisan indications that the next Administration will take a more constructive and effective approach to advancing crypto in the U.S. For now, improper SEC enforcement actions are part of the process of operating a legitimate and licensed crypto business in the U.S. While this is an unprecedented move for our company to file suit against a federal agency, actions by that agency towards our industry have left us no other choice...This unlawful rule never went through a notice and comment period required by the Administrative Procedure Act and furthermore the agency's application thereof is arbitrary and capricious, particularly when those crypto assets possess virtually indistinguishable characteristics from and are sold in an identical manner as BTC ($BTC) and ETH ($ETH)... We seek to stop the SEC's illegal actions in excess of their authority and in violation of federal law in their tracks. Publicly traded companies in the space include Bit Digital (BTBT), Coinbase (COIN), Core Scientific (CORZ), Greenidge Generation (GREE), Mara Holdings (MARA), MicroStrategy (MSTR), Riot Platforms,(RIOT), Stronghold Digital Mining (SDIG) and TeraWulf (WULF). Reference Link
PRKS

Hot Stocks

13:11 EDT United Parks says Orlando, Tampa parks closed Wednesday, Thursday - Following the latest updates on Hurricane Milton, United Parks & Resorts issued this information on each of its Florida parks: "Busch Gardens Tampa is CLOSED on Tuesday, October 8th, Wednesday, October 9th and Thursday, October 10th. Howl-O-Scream is cancelled for Thursday, October 10. Tickets may be used for any remaining Howl-O-Scream event nights; Adventure Island remains running on its seasonal schedule without changes at this time. Please check our social media for updates regarding park opening on Friday, October 11; SeaWorld Orlando remains OPEN on Tuesday, October 8th. We will be CLOSED on Wednesday, October 9th and Thursday, October 10th; Aquatica Orlando remains OPEN on Tuesday, October 8th. We will be CLOSED on Wednesday, October 9th and Thursday, October 10th. All date-intended tickets for closure days have been extended through December 31, 2024 and requires no action to be taken. Discovery Cove remains OPEN on Tuesday, October 8th. We will be CLOSED on Wednesday, October 9th and Thursday, October 10th. Our Named Storm Policy is in effect." Reference Link
TPC PSN

Hot Stocks

12:11 EDT Tutor Perini executes contract for $1.66B project in Honolulu - Tutor Perini (TPC) announced that it has executed the contract with the Honolulu Authority for Rapid Transportation and received a Notice to Proceed with design and construction of the previously announced City Center Guideway and Stations Project in Honolulu, Hawaii. The scope of the approximately $1.66B contract includes the design and construction of six rail stations and approximately three miles of elevated rail guideway beginning just east of the Middle Street Transit Center Station and ending at the Civic Center Station, which will be located just east of the intersection of Halekauwila Street and South Street in downtown Honolulu. Project design is expected to begin immediately while construction is estimated to commence in the second half of 2025. Construction of this segment is expected to be substantially completed in 2030. Parsons Corporation (PSN) will serve as Tutor Perini's design subcontractor. The contract value was added to the company's backlog in the third quarter of 2024.
SMAR AMZN

Hot Stocks

12:09 EDT Smartsheet, AWS partner to synchronize data into Amazon Q Business - Today at its annual ENGAGE customer conference, Smartsheet (SMAR) announced it is partnering with AWS (AMZN) to launch a new connector that synchronizes data from Smartsheet into Amazon Q Business, a generative AI-powered assistant that can answer questions, provide summaries, generate content, and securely complete tasks based on data and information in customers' enterprise systems. "The connector will enable Amazon Q Business customers to query their intelligent assistant for information about their projects, programs, and processes managed in Smartsheet, offering a unified search experience across their knowledge base so employees can make data-driven decisions and operate at peak."
ADUS AVAH

Hot Stocks

12:09 EDT Addus, Aveanna higher after Harris discusses health aide coverage - Shares of Addus HomeCare (ADUS) and Aveanna Healthcare (AVAH) are moving higher after Vice President Kamala Harris proposed a new Medicare benefit for in-home eldercare that would cover long-term home care services, including health aides. Harris discussed the proposal, which was reported earlier today by the Wall Street Journal, while appearing this morning on ABC's The View. The Vice President said the proposal would ease the burden on working adults responsible for aging parents and raising children. "It's just almost impossible to do it all. Especially if they work - we're finding that so many are then having to leave their job," Harris said.
TTWO

Hot Stocks

12:02 EDT Take-Two's Rockstar says first 'Red Dead Redemption' coming to PC October 29 - Take-Two's Rockstar Games said that 2010 game "Red Dead Redemption" and its "Undead Nightmare" expansion will arrive on PC for the first time October 29. "In collaboration with Double Eleven, this new version adds PC-specific enhancements including native 4K resolution at up to 144hz on compatible hardware, monitor support for both Ultrawide (21:9) and Super Ultrawide (32:9), HDR10 support, and full keyboard and mouse functionality," the company said. "There's also support for NVIDIA DLSS 3.7 and AMD FSR 3.0 upscaling technologies, NVIDIA DLSS Frame Generation, adjustable draw distances, shadow quality settings, and more." Reference Link
DYSL

Hot Stocks

12:02 EDT Dynasil Corporation of America names Matthew Dallimore as president and COO - The Board of Directors of Dynasil Corporation of America announced the appointment of Matthew Dallimore as President of Dynasil on October 1. "Dr. Dallimore has been leading Radiation Monitoring Devices as President since 2022," said Peter Sulick, Chairman and CEO of Dynasil. "We are excited to work with Dr. Dallimore to grow our businesses, in particular, the growing partnership between RMD and Hilger Crystals."
CIA

Hot Stocks

12:00 EDT Citizens rises 9.1% - Citizens is up 9.1%, or 41c to $4.93.
AZUL

Hot Stocks

12:00 EDT Azul rises 14.9% - Azul is up 14.9%, or 47c to $3.67.
MYTE

Hot Stocks

12:00 EDT Mytheresa rises 20.7% - Mytheresa is up 20.7%, or $1.40 to $8.16.
DQ

Hot Stocks

12:00 EDT Daqo New Energy falls -15.4% - Daqo New Energy is down -15.4%, or -$4.02 to $22.08.
JKS

Hot Stocks

12:00 EDT JinkoSolar falls -18.1% - JinkoSolar is down -18.1%, or -$5.92 to $26.85.
OCFT

Hot Stocks

12:00 EDT OneConnect falls -23.9% - OneConnect is down -23.9%, or -$1.12 to $3.57.
INHD

Hot Stocks

11:44 EDT Inno Holdings announces 1-for-10 reverse stock split - Inno Holdings' board of directors approved a reverse stock split of Inno's common stock, no par value, at a ratio of 1-for-10. The Reverse Stock Split is expected to become effective immediately after the close of trading on the Nasdaq Capital Market on October 9, 2024, and Inno's Common Stock is expected to begin trading on the Nasdaq on a split-adjusted basis at the opening of trading on October 10, 2024, under the existing ticker symbol "INHD". The Company filed an amendment to its Certificate of formation on October 8, 2024, to implement the Reverse Stock Split as of the Effective Time. The primary goal of the Reverse Stock Split is to increase the per share market price of the Common Stock to regain compliance with the minimum $1.00 average closing price requirement for continued listing on the Nasdaq.
SNAP...

Hot Stocks

11:42 EDT Snap announces launch of Sponsored Snaps, Promoted Places on Snap Map - Snap (SNAP) announced: "Today, we are excited to begin testing two new advertising placements on Snapchat together with our launch partners: Sponsored Snaps with Disney (DIS), and Promoted Places with McDonalds (MCD) and Taco Bell (YUM). These new placements are a natural extension of the way people already engage with businesses on Snapchat and help advertisers expand their reach with the Snapchat community across two of the most widely and frequently used parts of our service. Sponsored Snaps enable businesses to engage their customers through visual messaging, by delivering a full-screen vertical video Snap directly to Snapchatters. Snapchatters opt-in to opening the Snap and can reply by sending a message directly to the advertiser or using the call-to-action to open a predetermined link. Sponsored Snaps are visually distinct from other Snaps in the inbox, and are not delivered with a push notification. If Sponsored Snaps are left unviewed, they will be removed from the inbox. Promoted Places highlight sponsored places of interest on the Snap Map, helping our community discover places that they want to visit." Reference Link
RDY

Hot Stocks

11:36 EDT Aurigene Oncology announces results of Phase 1 study of DRL-1801 - Aurigene Oncology has announced the Phase 1 results for Ribrecabtagene autoleucel from the SWASTH study - India's first trial for a novel autologous BCMA directed CAR-T cell therapy in patients with relapsed / refractory multiple myeloma. The study reported initial results from the first 8 patients. All patients were heavily pre-treated with median of 5.5 previous lines of treatment. Most patients had also received transplant in the past and had disease progression post-transplant. All 8 patients achieved clinical response, with 5/8 having achieved stringent complete response. With respect to safety, there were no high-grade events of Cytokine Release Syndrome or neurotoxicity, in any of the patients. After reviewing the Phase 1 data, the Indian Regulatory Agency i.e., Drugs Controller General of India, has given the nod to commence Phase 2 part of the trial. These results of Phase 1 were presented at the 21st annual meeting of the International Myeloma Society at Rio De Janeiro, Brazil, held recently. Ribrecabtagene autoleucel is an autologous anti-BCMA CAR-T therapy that utilizes a humanized single-domain antibody as the antigen binding domain and lentivirus as a vector. DRL-1801 for the clinical trials is manufactured at the CAR-T GMP manufacturing facility at Aurigene Oncology Limited, Bangalore.
ADBE

Hot Stocks

11:27 EDT Adobe introduces free app to help with labeling AI-generated content - Adobe has introduced its Adobe Content Authenticity, a new, free web app that allows creators to easily attach Content Credentials to their digital work - helping them protect their work, show attribution and better connect with audiences online. "Content Credentials are like a "nutrition label" and serve as secure metadata that can help you share information about yourself and your work. Just as a painter might add their signature to their painting, applying Content Credentials to your work with the web app is like signing your work in the digital world," the company explained. "With the web app, you can also select a Generative AI Training and Usage Preference to influence how generative AI models from other companies use your work. Adding this preference indicates to other supporting generative AI models that you don't want your work to be trained on or used." The Content Authenticity web app will be available as a free public beta in Q1 2025. Adobe's plan is to integrate Content Authenticity with Creative Cloud apps that support Content Credentials like Photoshop, Adobe Lightroom and more, ultimately becoming a centralized hub for managing your Content Credentials preferences across Adobe apps.Reference Link
INV

Hot Stocks

11:25 EDT Innovaro Inc trading resumes
INV

Hot Stocks

11:10 EDT Innovaro Inc trading halted, volatility trading pause
BA

Hot Stocks

11:06 EDT Boeing announces Q3 total commercial airplane deliveries of 116 - Boeing said it delivered 92 737s, 6 767s, 4 777s and 14 787s in Q3, for a total of 116 commercial airlines. Total defense, space & security program deliveries for Q3 were 34. Year-to-date, Boeing delivered 291 commercial airplanes and made 76 defense, space & security program deliveries.
IBEX

Hot Stocks

11:03 EDT Ibex expands call center operations in Honduras - ibex announced a significant expansion of its operations in Tegucigalpa, the capital of Honduras. This expansion underscores ibex's commitment to growth in the region and strengthens its nearshore strategy. ibex has officially added almost 10,000 square feet of space to its real estate footprint in Honduras. The expanded facility now includes more than 180 additional production seats, representing a 35% increase in operational capacity. The space also features additional recreational areas, offices and training spaces, demonstrating ibex's dedication to creating a supportive and productive work environment for its employees. ibex's expanded operations in Honduras are expected to create approximately 250 new job opportunities, further contributing to the local economy. The new space became operational in mid-September, with the frontline team successfully handling its first calls. ibex anticipates full utilization of the upgraded space in the coming month.
PRPO

Hot Stocks

10:04 EDT Precipio expands Bloodhound MPN panel by adding CALR mutation subtyping - Precipio announces the launch of a new version of its Bloodhound MPN panel that is now able to distinguish between CALR type 1 and type 2 mutations. The CALR mutation data plays a critical role in disease prognosis and therapeutic decision-making. This differentiation aligns with the latest National Comprehensive Cancer Network guidelines released in August of this year. This is the only quantitative PCR-based panel of its kind on the market that distinguishes between CALR Type 1 and Type 2 alongside the other genes relevant to the molecular evaluation of MPN.
SALM

Hot Stocks

10:03 EDT Salem Media enters podcast partnership with Jesus Calling - Salem Media Group announced that LifeAudio announced its newest partnership with Jesus Calling. The Jesus Calling podcast brings heartfelt encouragement and spiritual wisdom to listeners, offering a daily message that brings hope and strengthens faith. Known for its popular devotional series, the podcast will now provide a new platform for its audience to engage with meaningful, faith-driven content through LifeAudio's expansive reach.
SGH

Hot Stocks

10:02 EDT Cree LED partners with IDC Componentes, Ilumiled - Cree LED announced the city of Santiago de Queretaro in central Mexico has tapped IDC Componentes and Ilumiled to upgrade all of its downtown lighting-a project that will replace 1600 sodium-based lamps with LED fixtures. Authorized by the state and municipal governments, the upgrade maintains the downtown area's light color and softness while improving the light uniformity and cutting power consumption by more than half over the next five to 10 years.
MYTE

Hot Stocks

10:01 EDT Mytheresa rises 9.2% - Mytheresa is up 9.2%, or 62c to $7.38.
PPG

Hot Stocks

10:01 EDT PPG, Shaw Industries sign strategic agreement for resinous flooring products - PPG announced that it has signed a strategic agreement with flooring leader Shaw Industries Group to offer the PPG FLOORING line of resinous flooring products. The products will be available to Shaw's customers in the commercial property market via its Patcraft brand. The partnership helps expand the market reach for PPG's products and adds to Shaw's expansive portfolio of flooring and surface solutions.
BKKT

Hot Stocks

10:01 EDT Bakkt rises 10.4% - Bakkt is up 10.4%, or $1.02 to $10.83.
AZUL

Hot Stocks

10:01 EDT Azul rises 18.0% - Azul is up 18.0%, or 57c to $3.77.
DQ

Hot Stocks

10:00 EDT Daqo New Energy falls -15.7% - Daqo New Energy is down -15.7%, or -$4.09 to $22.01.
LU

Hot Stocks

10:00 EDT Lufax falls -16.4% - Lufax is down -16.4%, or -65c to $3.32.
OCFT

Hot Stocks

10:00 EDT OneConnect falls -24.8% - OneConnect is down -24.8%, or -$1.17 to $3.52.
WW

Hot Stocks

09:55 EDT WeightWatchers jumps after adding compounded weight loss drugs - Shares of WeightWatchers are moving higher after the company announced the addition of compounded semaglutide into its offering. "Shortages of GLP-1 medications have plagued the market for more than two years, with patients often unable to find name-brand medications in stock at their local pharmacies. Over the past year, WeightWatchers has called local pharmacies across the country on behalf of members to conduct almost 3 million stock checks for GLP-1 medications and found them in stock just 4.5% of the time. These shortages can result in delays or interruptions of treatment, which negatively impact health outcomes for patients," the company said in a statement. "Given the ongoing shortages of branded medications such as Ozempic and Wegovy, WeightWatchers is committed to ensuring our members still have access to effective alternatives and the support they need to achieve the health outcomes they deserve," the company added. Shares of WeightWatchers are up 9% to 86c in morning trading.
JKS

Hot Stocks

09:48 EDT JinkoSolar falls -14.5% - JinkoSolar is down -14.5%, or -$4.76 to $28.01.
LU

Hot Stocks

09:48 EDT Lufax falls -16.7% - Lufax is down -16.7%, or -66c to $3.31.
OCFT

Hot Stocks

09:47 EDT OneConnect falls -21.1% - OneConnect is down -21.1%, or -99c to $3.70.
AEVA

Hot Stocks

09:47 EDT Aeva Technologies rises 3.6% - Aeva Technologies is up 3.6%, or 12c to $3.57.
RNR

Hot Stocks

09:47 EDT RenaissanceRe rises 4.3% - RenaissanceRe is up 4.3%, or $11.02 to $264.83.
AZUL

Hot Stocks

09:47 EDT Azul rises 15.4% - Azul is up 15.4%, or 49c to $3.68.
RCI WBD

Hot Stocks

09:41 EDT Rogers confirms plans to launch Warner Bros. Discovery brands in 2025 - Rogers Communications (RCI) confirmed it will be the proud home of Warner Bros. Discovery's (WBD) suite of English-language U.S. lifestyle and factual brands starting January 1, 2025. This confirms Rogers plans to bring this sought after content to Canadians and follows Bell's decision to abandon its legal efforts to block Canadians from seeing Discovery channels. As the exclusive English-language content rights holder, distributor, and advertising representative for the Discovery brands in Canada, Rogers will launch TV channels for Discovery ID and Discovery and willwork with Canadian distribution partners to make the content widely available. In addition, content from Cooking, OWN, MotorTrend, Animal Planet, and Discovery Science will be available on demand and via Citytv+ on Amazon Prime Video Channels.
NEON

Hot Stocks

09:40 EDT Neonode appoints Peter Kruk to board of directors - Neonode announced that Peter Kruk has joined the company's Board of Directors as a Class II director. Peter Kruk currently serves as the CEO and as a board member of NCAB Group AB, a Nasdaq Stockholm-listed company and a leading global producer of printed circuit boards.
KACL

Hot Stocks

09:38 EDT Kairous Acquisition Corp Ltd trading resumes
SOBR

Hot Stocks

09:36 EDT Sobr Safe Inc trading resumes
KSCP

Hot Stocks

09:36 EDT Knightscope announces contract expansions with FDNY, PANYNJ - Knightscope announced that the New York City Fire Department renewed its service agreement for their K1 Call Boxes, and the Port Authority of New York and New Jersey added a Full Service Maintenance Plan to cover the 8 K1 Call Boxes on the George Washington Bridge.
BCE WBD

Hot Stocks

09:34 EDT Bell Media, Warner Bros. Discovery expand partnership in Canada - Bell Media (BCE) has expanded its landmark partnership with Warner Bros. Discovery (WBD) for the Canadian market, extending Crave for multiple years as the exclusive home of HBO and Max content. The expansion of Bell Media's existing licensing agreement with Warner Bros. Discovery, announced in 2023, ensures Crave subscribers have continued access to a vast library of premium content for the foreseeable future. The new agreement also includes a co-production commitment for original Canadian content with global appeal, licensing of Bell Media original content for use on Warner Bros. Discovery platforms outside of Canada, and extended access to French-language content for use on Bell Media platforms. Bell Media and Warner Bros. Discovery also confirmed today that they have settled all matters in their recent dispute regarding Bell Media's suite of Discovery-branded channels. Details regarding changes to Bell Media-owned Discovery channels will be made available in the coming weeks.
KACL

Hot Stocks

09:33 EDT Kairous Acquisition Corp Ltd trading halted, volatility trading pause
WMT

Hot Stocks

09:32 EDT Walmart expands pet care offerings with new service locations, online vet access - Walmart announced key expansions to its core pet care offerings, widening access to in-person and virtual veterinary care, pet prescription delivery, grooming services, and pet food and supplies. Walmart announced the expansion of its Walmart Pet Services centers, planned to open over the next month in the following cities: Cumming, Georgia; Alpharetta, Georgia; Glendale, Arizona; Chandler, Arizona; Mesa, Arizona. In addition, starting October 18, Walmart will officially launch its Walmart+ benefit with Pawp, which was announced earlier this year. This new online pet care service will give Walmart+ members free, 24/7 access to Pawp's team of veterinary professionals with unlimited $0 visits via text or video.
SOBR

Hot Stocks

09:31 EDT Sobr Safe Inc trading halted, volatility trading pause
TCS

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09:30 EDT Container Store adopts limited duration stockholder rights plan - Container Store Group announced that it has adopted a limited duration stockholder rights plan, which is effective immediately and is scheduled to expire on October 7, 2025. The company's board of directors adopted the rights plan in response to the rapid and significant accumulation of the company's common stock by a single stockholder and to protect value for all of the company's stockholders. Under the rights plan, one preferred stock purchase right will be distributed for each share of common stock held by shareholders of record on October 23. The rights will become exercisable if a person or group acquires 20% or more of the company's common stock. In such event, each right will entitle its holder to purchase, at the then-current exercise price, additional shares of the Company's common stock at a 50% discount. Except as provided in the rights plan, the board is entitled to redeem the rights at $0.01 per right. The rights will expire on October 7, subject to the company's right to extend such date, unless earlier redeemed or exchanged by the company or terminated. Under the rights plan, any person who currently owns more than the Triggering Percentage may continue to own its shares of common stock but may not acquire any additional shares without triggering the rights plan. The rights plan does not prevent any action that the board determines to be in the best interest of the company and its stockholders. The dividend distribution to establish the new rights plan will be payable to stockholders of record on October 23. Additional details about the rights plan will be contained in a Form 8-K to be filed by the company with the Securities and Exchange Commission.
NITO

Hot Stocks

09:30 EDT N2OFF enters LOI with Ethiopian Federal Entity for Save Foods solutions - N2OFF announced that its subsidiary Save Foods has entered into a strategic non-binding letter of intent with GENSIS PM TDC the Ethiopian Federal Entity for Pollution Reduction and Telnet Development to utilize Save Foods' innovative eco-friendly solutions across Ethiopia's large-scale farming sector. If consummated into a binding definitive agreement, this relationship will mark a significant milestone for Save Foods as it supports Ethiopia's efforts to advance sustainable agricultural practices, enhance crop yields, and ensure food safety.
ALPMY

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09:30 EDT Astellas Pharma, AviadoBio announce license agreement for AVB-101 - AviadoBio and Astellas Pharma announced an exclusive option and license agreement for AVB-101, an investigational, AAV-based gene therapy in Phase 1/2 development for patients with frontotemporal dementia with progranulin mutations. Under the terms of the agreement, Astellas will have the option to receive a worldwide exclusive license for the development and commercialization rights to AVB-101 in FTD-GRN and other potential indications. Astellas will make a $20M equity investment and up to $30M in upfront payments for the option to license AVB-101. AviadoBio is also eligible to receive up to $2.18B in license fees and milestone payments plus royalties if Astellas exercises its option.
GNS

Hot Stocks

09:28 EDT Genius Group CEO Roger James Hamilton purchases 500,000 ordinary shares - Genius Group confirmed the purchase by Roger Hamilton, its CEO, of 500,000 ordinary shares from the Company. The purchase of the ordinary shares was approved by the Board on August 9, 2024 at a per share price equal to 105% of the closing price on the prior trading day to the date of purchase, in a combination of cash and conversion of debt due from the Company. Based upon the closing price on the prior trading day prior to the date Roger Hamilton provided notice of intent to purchase, which was September 24, 2024, Mr. Hamilton is acquiring the shares today at a purchase price of $0.91 per share. The most recent application to the company follows a series of funding rounds Mr. Hamilton has personally made in the company over the last twelve months, including over $2.1 million in funding via an interest free loan in the fourth quarter of 2023, participation in the Company's funding round in January 2024 with a $1.0 million equity purchase, and a further $330,000 interest free loan in July 2024.
PDYN

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09:27 EDT Palladyne AI completes Phase I of Air Logistics Complex contract - Palladyne AI announced that it has completed Phase I of its previously announced multi-million-dollar contract with the Air Logistics Complex at Warner Robins Air Force Base in Georgia. Phase II will continue integration and use case validation of Palladyne IQ software for use in remediation activities including media blasting for complex aircraft components. This is the second year of a contemplated four-year effort valued at $13.8M, the result of Palladyne AI's selection in the highly competitive Strategic Funding Increase program emerging from the Air Force's innovation incubator, AFWERX AFVentures. In Phase II of the contract, Palladyne IQ software will be used in preparation of complex, high-value aircraft components of varying types and sizes via detection, identification, and surface mapping to maintain the correct distance and angle for optimal application of surface preparation materials.
LEXX

Hot Stocks

09:24 EDT Lexaria Bioscience provides updates on current GLP-1 market - Lexaria Bioscience provides an update on recent glucagon-like peptide-1 receptor agonist market sector advancements In 2020 the total market size for GLP-1 drugs was less than $4 billion. That same year, Novo Nordisk paid $1.8 billion to purchase Emisphere's SNAC drug delivery technology which was subsequently incorporated into Rybelsus semaglutide oral tablets, resulting in the first and only Food and Drug Administration approved GLP-1 drug for use as an oral tablet. Today, the GLP-1 market is growing faster than nearly all historic forecasts had predicted. Bay Bridge Bio has published a useful interactive chart which highlights that, while there are a number of GLP-1 drug brands available today, over 95% of the current market is served by only two drugs: semaglutide manufactured by Novo Nordisk; and the dual action GLP-1 plus glucose-dependent insulinotropic polypeptide receptor agonist tirzepatide manufactured by Eli Lilly. Combined revenue of these two drugs during Q2, 2024, was $11.04 billion compared to $5.89 billion in Q2, 2023, and just $2.55 billion during Q2, 2022. As a stark comparison, these drugs generated less than $300 million during the entire year of 2018. Despite this unprecedented growth, GLP-1/GIP drugs currently delivered by oral tablet comprise only roughly 10% of the entire market dominated by injectable delivery. The share of the market addressed with oral tablets is likely to grow aggressively as patients are expected to migrate away from injections as more available oral forms become available. Lexaria expects that its DehydraTECH drug delivery system could be a global leader in GLP-1/GIP drug delivery as oral delivery dominates in the years to come. Analysts around the world have been trying to keep up with GLP-1 trends. Compounding the difficulty in doing so is projecting which major pharmaceutical firms will achieve approval for GLP-1/GIP and related drugs currently in the development pipeline. Tirzepatide, for example, was only approved by the FDA in May, 2022, but Eli Lilly is forecasting $15 billion in revenue from the drug during calendar 2024. Lexaria has already provided evidence that DehydraTECH seems to provide improved drug delivery kinetics and improved blood sugar control with the world's leading GLP-1 drug: semaglutide. Lexaria's interest and focus on the GLP-1/GIP and related drug sector will continue for the foreseeable future with additional studies and evaluation.
TCS

Hot Stocks

09:20 EDT Container Store adopts limited duration stockholder rights plan - Container Store announced that it has adopted a limited duration stockholder rights plan, which is effective immediately and is scheduled to expire on October 7, 2025. "The Company's Board of Directors adopted the rights plan in response to the rapid and significant accumulation of the Company's common stock by a single stockholder and to protect value for all of the Company's stockholders. The limited-duration rights plan is designed to promote the fair and equal treatment of all stockholders of the Company, ensure that the Board remains in the best position to discharge its fiduciary duties to the Company and its stockholders, guard against any stockholder obtaining undue influence over the Company through open market accumulations and provide all stockholders an opportunity to maximize the value of their investment in the Company. The rights plan is similar to plans adopted by other publicly traded companies. Under the rights plan, one preferred stock purchase right will be distributed for each share of common stock held by shareholders of record on October 23, 2024. The rights will become exercisable if a person or group acquires 20% or more of the Company's common stock (including shares that are synthetically owned pursuant to derivative transactions or ownership of derivative securities). In such event, each right will entitle its holder (other than the person or group triggering the rights plan, whose rights will become void and will not be exercisable) to purchase, at the then-current exercise price, additional shares of the Company's common stock at a 50% discount. Except as provided in the rights plan, the Board is entitled to redeem the rights at $0.01 per right. The rights will expire on October 7, 2025, subject to the Company's right to extend such date, unless earlier redeemed or exchanged by the Company or terminated. Under the rights plan, any person who currently owns more than the Triggering Percentage may continue to own its shares of common stock but may not acquire any additional shares without triggering the rights plan. The rights plan does not prevent any action that the Board determines to be in the best interest of the Company and its stockholders. The dividend distribution to establish the new rights plan will be payable to stockholders of record on October 23," the company stated.
DLPN

Hot Stocks

09:16 EDT Dolphin Entertainment announces launch of Always Alpha sports management firm - Dolphin announced the launch of the first sports management firm of its kind fully focused on women's sports - Always Alpha - to bolster the industry's limitless potential and address dated, transactional talent management models that were not built for today's multifaceted talent. Founded by Olympic legend and women's rights advocate Allyson Felix, her longtime business partner and brother Wes Felix and standout sports executive Cosette Chaput, the venture is supported by Dolphin's portfolio of best-in-class marketing and communications companies. With the ethos that womanhood is multidimensional and that personal management should be customized to reflect this, Always Alpha aims to empower modern women who are breaking barriers, owning their voices and creating a better future on and off the field of play.
CXDO

Hot Stocks

09:15 EDT Crexendo selected by Symbio to launch AdvancedPBX solution - Crexendo announced its partnership with Symbio to launch AdvancedPBX, a cloud based communications solution. This solution is built on Crexendo's NetSapiens platform which recently surpassed 5 million global users and is the third largest, and fastest growing software platform in North America, according to Frost & Sullivan. Crexendo's NetSapiens platform is designed to empower service providers with a fast, scalable, and feature-rich system that can be configured in minutes, not days. Symbio's AdvancedPBX will utilize Crexendo's NetSapiens platform to deliver a suite of communication features, including advanced contact center capabilities and AI-driven smart call transcription. It is provisioned through Telcoinabox's operations and business support systems, streamlining deployment and management resulting in the ability to turn up service in 5 minutes.
KDLY

Hot Stocks

09:14 EDT KindlyMD enters contract with UnitedHealthcare Insurance - KindlyMD is now contracted with UnitedHealthcare Insurance Company. On November 1, 2024, KindlyMD will begin serving patients insured with UnitedHealthcare and will be eligible to receive reimbursement for those services. This new contract with UnitedHealthcare Insurance will enhance and expand coverage access to patients referred by additional major hospitals and medical systems for KindlyMD in Utah.
MEIL

Hot Stocks

09:13 EDT Methes Energies introduces biodegradable bar & chain oil - Methes Energies announced the introduction of their new biodegradable bar & chain oil made with domestically sourced renewable bio-base stocks and branded as b2 biOil "all season" bar & chain oil for use with all chainsaws. It has been estimated that over 20 million gallons of bar & chain oils are lost through application every year as oil is released from the bar after a few revolutions...spraying or adhering to the sawdust all over the work area as virtually 100% of the lubricant ends up in the environment. By switching to a biodegradable bar & chainsaw oil made with American grown base stocks will further help reduce environmental pollution. b2 biOil "all season" bar & chain oil is formulated for use with all makes and models of chainsaws in the harshest weather condition. Made with domestically harvested vegetable oils, the product exhibits excellent flow characteristics and super lubricity even in low temperatures. In addition to the superior performance, the oil remains harmless to humans and the environment, representing an ideal balance between high performance and an environmentally safer solution for the socially responsible end-user/operator.
FAT

Hot Stocks

09:11 EDT Fat Brands announces opening of four new locations in Georgia - FAT Brands, parent company of Great American Cookies, Marble Slab Creamery and 16 other restaurant concepts, announces the opening of four new Great American Cookies and Marble Slab Creamery locations in Georgia. Adding to over 50 existing locations in the state, Great American Cookies and Marble Slab Creamery are now open in Cartersville, GA, Athens, GA, Bethlehem, GA, and Snellville, GA.
NTWK

Hot Stocks

09:11 EDT NetSol Technologies unveils unified Transcend Platform - NETSOL Technologies announced its new unified Transcend Platform - an AI-powered digital retail and asset finance solution for automotive and equipment OEMs, auto captives, commercial lenders, dealers, brokers and financial institutions. The new NETSOL Transcend Platform offers a robust set of products and solutions under one umbrella, showcasing the company's commitment to harnessing the transformative potential of Artificial Intelligence. The Transcend Platform signifies NETSOL's transformation and adoption of AI technologies for asset finance companies and OEMs. This comprehensive platform addresses various use cases, from asset, auto and equipment finance and leasing technology to innovative digital retail solutions facilitating complex purchasing journeys. NETSOL customers like MINI USA-a subsidiary of BMW-have had significant success with the platform, achieving a 23% increase in average conversion rate from lead to sales over three years.
OSIS

Hot Stocks

09:10 EDT OSI Systems commences operations in Uruguay for cargo turnkey screening services - OSI Systems announced that its Security division has successfully commenced operations in Uruguay in collaboration with its Ministry of Economics and Finance to enhance security and efficiency at Uruguay's ports and borders through advanced customs screening applications. OSI Systems CEO Deepak Chopra commented, "We are excited to begin the operational phase and look forward to supporting Uruguay's customs and border security activity."...The Company has turnkey border and port inspection programs in operation with multiple international customs, border, and port authorities. These turnkey inspection programs have proven highly successful, improving public safety and security and increasing the accuracy of customs declarations. Under these programs, the Company, through its S2 Global business, typically manages cargo scanning equipment, supervises inspection site construction and network design, and trains local staff to analyze data on the CertScan platform. This platform integrates images and data like cargo manifests, biometrics, container and vehicle numbers, and customs declarations.
ULY

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09:10 EDT Urgently secures three-year contract renewal with customer partner - Urgent.ly announced its three-year contract renewal with a customer partner that operates a global automotive fleet management company. The renewal extends this long-term customer partner relationship to nine years, with Urgently powering the fleet management company's roadside assistance program. With the addition of this customer partner renewal, Urgently has successfully retained all roadside assistance contracts up for renewal since the beginning of the second quarter of 2024, an indication of Urgently's commitment to delivering customer value through exceptional service, cutting edge technology and a prioritization of safety.
SSTI

Hot Stocks

09:10 EDT SoundThinking delivers report to Oakland officials on ShotSpotter use - SoundThinking delivered a 30-page report to Oakland city officials detailing the crucial role of the Oakland Police Department's use of ShotSpotter in the city's public safety strategy. The report comes as the Oakland City Council's Public Safety Committee prepares to discuss the potential renewal of the ShotSpotter contract. SoundThinking's report, based on data from the OPD and independent studies, found that since its deployment in Oakland in 2006, ShotSpotter has: Directed OPD to 386 gunshot victims from 2020 to 2023 who did not have a corresponding 911 call within 15 minutes or 1,000 feet of the location, potentially saving numerous lives. Enhanced faster and more comprehensive police response to criminal gunfire incidents, crucial as less than 10% of such incidents are reported via 911. Supported major crime-fighting initiatives like Operation Ceasefire with accurate gunfire data for effective resource deployment and strategic violence reduction efforts. Demonstrated cost-effectiveness and ROI: every life is immeasurable, but the National Institute for Criminal Justice Reform estimates the cost savings of preventing each fatal shooting to be $3.2 million. This compares very favorably to the roughly $800,000 annual investment in ShotSpotter in Oakland. The report addresses and refutes several claims made against ShotSpotter, providing evidence of its effectiveness in reducing response times, improving evidence collection, and its impact on arrest outcomes. It highlights ShotSpotter's high accuracy rate of 97%, which exceeds its contractual commitment of 90%, and its acceptance as reliable evidence in over 340 court cases across 24 states.
TTOO

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09:10 EDT T2 Biosystems, Prxcision announce co-marketing collaboration - T2 Biosystems and Prxcision have announced a co-marketing collaboration intended to deliver a revolutionary solution for patients suspected of bloodstream infections and sepsis, and combat the escalating crisis of antibiotic resistance. "Our platform delivers real-time insights that were once unimaginable," said Paul Ambrose, CEO of Prxcision, Inc. "pRxcision brings cutting-edge AI to the patient's bedside-empowering clinicians to navigate complex decisions with confidence. We are thrilled about this collaboration and believe it can accelerate the adoption of our technology, driving significant improvements in hospitals across the country."
NET

Hot Stocks

09:09 EDT Cloudflare acquires Kivera, terms undisclosed - Cloudflare announced the acquisition of Kivera, a cloud security, data protection, and compliance platform.
FTNT

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09:08 EDT Fortinet announces general availability of Lacework FortiCNAPP - Fortinet announced the general availability of Lacework FortiCNAPP, a single unified, AI-driven platform to secure everything from code to cloud all from a single vendor. The introduction of Lacework FortiCNAPP offers additional benefits that extend beyond Lacework's leading offering, such as automated remediation and blocking of active runtime threats, as well as enhanced visibility into FortiGuard Outbreak Alerts, which provide key information about new and emerging threats and the risk they pose within an organization's environment.
TTEK

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09:08 EDT NI Water selects Tetra Tech for GBP 800M watermanagement framework - Tetra Tech announced that Northern Ireland, NI, Water selected Tetra Tech, including its RPS operations, as one of the companies on the NI Water framework contract, with a value up to GBP 800M, which will support the sustainable delivery of key water and wastewater infrastructure projects across Northern Ireland. Under this 8-year framework, Tetra Tech engineers and scientists will support NI Water to manage programs including strengthening climate resilience and improving the delivery of sustainable services to NI Water customers. Tetra Tech will provide innovative solutions such as integrated environmental modelling and the use of Machine Learning and AI techniques to optimize treatment operations. "Tetra Tech has provided NI Water with critical water infrastructure support for decades," said Dan Batrack, Tetra Tech Chairman and CEO. "We look forward to continuing to use our Leading with Science approach and global water expertise to support the delivery of their leading water and wastewater program."
WW

Hot Stocks

09:08 EDT WW adds compounded GLP-1, expanding accessibility og weight loss medications - WeightWatchers announced the addition of compounded semaglutide into its offering, broadening eligible members' access to clinical weight management interventions that are underpinned by the comprehensive, science-backed, behavioral and lifestyle support that has helped millions of people reach and sustain their weight goals. "At WeightWatchers, we have always combined proven science and personalized support to help our members achieve meaningful, lasting results. With the addition of compounded semaglutide, we are expanding our offering to include a clinical weight management solution that is both accessible and affordable," said Tara Comonte, Interim CEO of WeightWatchers. "This launch is the culmination of extensive research and rigorous work by our team to ensure that we are offering the highest quality care - reaffirming the trust we've built over six decades as the leader in weight management."
NWVCF

Hot Stocks

09:08 EDT EnWave secures $5M revolving credit facility - EnWave has signed a revolving credit facility agreement with Desjardins Tech & Innovation Banking of the Desjardins Group. The amount available to the Company under the facility is calculated as the lesser of $5 million and a function of royalties, receivables and inventory. Additionally, the Company signed a $500,000 loan agreement with Desjardins with an amortization period of 48 months. The Term Loan is to be repaid monthly on equal and consecutive payments of principal plus interest. The Credit Facility and Term Loan are secured by the Company's assets and subject to the Company maintaining an ongoing minimum liquidity position. The Credit Facility and Term Loan provides the Company with non-dilutive financing, as needed, to execute an enhanced and intensified sales strategy. EnWave plans to attract additional top-level sales talent and increase the Company's international presence in key growth markets. EnWave is currently working with a global recruitment firm to attract and hire its first sales manager in Europe. A second sales manager will be recruited for the South Asian region. Other markets will be considered later in the fiscal year.
BYU

Hot Stocks

09:07 EDT Baiyu Holdings files Nasdaq delisting appeal notice - BAIYU Holdings has filed timely a formal notice of appeal to a Hearings Panel of a Nasdaq Stock Market Listing Qualifications Staff's determination to delist the company's securities from Nasdaq. BAIYU intends to maintain that the Staff did not consider all relevant facts in making its delisting decision. The Nasdaq Staff based its delisting decision on concerns relating to the substance and timing of the company's recent disclosures regarding a contract for the sale of electric lithium batteries to be purchased from a U.S.-based auto supplier and a letter of intent to build and operate electric vehicle charging stations in Cairo, Egypt. The Nasdaq Staff's articulated concerns relate to the adequacy of the company's due diligence in the transactions and what it considered unusual trading activity in the company's common stock following the announcements. The company has not conducted any marketing or promotional campaigns regarding the company's stock during calendar 2023 and 2024, and no company officer or director traded BAIYU stock in August, September or October 2024. The company continues to take steps to put in place the complementary and component elements of the transaction. The contract represents the official debut of the company's proprietary lithium battery brand into the U.S. market. BAIYU anticipates that its common stock will remain listed on the Nasdaq pending the outcome of the hearing and subsequent decision by a hearings panel. Meanwhile, the company continues to be current with its SEC filings and expects to maintain the registration of its securities.
EDBL WMT

Hot Stocks

09:06 EDT Edible Garden, Walmart strengthen sustainability efforts with Hydro Basil - Edible Garden (EDBL) announced the expansion of its distribution partnership with Walmart (WMT), which now includes the introduction of sustainably grown Hydro Basil. To support this addition, Edible Garden has developed a custom-designed Basil Station display that integrates seamlessly into Walmart's produce sections without disrupting existing planograms.
AILE

Hot Stocks

09:06 EDT iLearningEngines announces launch of Insurtech Enterprise AI Knowledge Cloud - iLearningEngines announced the launch of its Insurtech Enterprise AI Knowledge Cloud and hyper apps aiming to serve the European Insurtech industry. iLearningEngines aims to help private insurers and their industry associations adopt and scale their AI projects, particularly where telematics application development can be accelerated and hyper-automated. This will be achieved by leveraging Generative AI partners such as Genlab Venture Studio, a founding member of CoSAI, Coalition for Safe AI, and global cloud service providers, global systems integrators, assurance and audit partners.
AMBC

Hot Stocks

09:05 EDT Ambac announces partnership with Mike Miller-led MGA Pivix - Ambac Financial Group announced it has partnered with Mike Miller and his team on the launch of Pivix Specialty Insurance Services or Pivix, a managing general agency focusing on the excess and surplus or E&S, lines market. Miller, the former president of Scottsdale Insurance, Nationwide's E&S carrier, is president and chief executive officer of Pivix. "We are thrilled that Mike Miller and his team have chosen to partner with Ambac," said Claude LeBlanc, Ambac CEO. "Our goal is to be the premier destination for MGAs and underwriting talent, and Mike is among the best in the industry. His pedigree and reputation in the E&S market are unparalleled. We are excited to support him and his team in scaling Pivix."...Naveen Anand, president of Cirrata, said, "We look forward to growing our partnership with Mike and the Pivix team. They have the underwriting expertise, broker relationships and technology to make Pivix a formidable player in the E&S market." Insurance Advisory Partners acted as exclusive financial advisor to Pivix Specialty Insurance Services.
CWD

Hot Stocks

09:05 EDT CaliberCos announces transaction with Satori Collective - Caliber announced that it has reached a definitive agreement with Satori Collective in which Satori will contribute seven hotel properties to Caliber subsidiary Caliber Hospitality Trust, or CHT, an externally advised private hospitality corporation. The transaction is expected to close in early 2025, subject to customary closing conditions. Atlanta-based Satori Collective, formerly known as Banyan Investment Group and founded in 2013, is an investment management firm focused primarily on hotel property investment. The seven Satori properties in this agreement include a mix of middle-market full service, select service and extended stay hotels in the Midwestern and Southern U.S., representing Marriott, Hilton and IHG hospitality brands. The combined portfolio value is approximately $120M.
CETX

Hot Stocks

09:05 EDT Cemtrex's AIS subsidiary awarded $4.7M infrastructure contract - Cemtrex has been award a $4.7 million contract through its Advanced Industrial Services subsidiary for Trade in Services Agreement energy upgrades at Fort Indiantown Gap in Lebanon County, PA through the Pennsylvania Department of Military and Veterans Affairs Department of General Services. The project includes general construction, HVAC, plumbing, and electrical services to construct a mechanical and pump room, install insulated wall/ceiling panels, and upgrade the existing mechanical and electrical systems, including a hybrid ground source heat pump loop and photovoltaic solar array. The project is expected to be completed in 2025.
RICK

Hot Stocks

09:04 EDT RCI Hospitality reports Q4 club & restaurant sales and share buybacks - RCI Hospitality reported club and restaurant sales for Q4. Sales do not include non-core operations and are subject to final closing. The company also reported 4Q24 and FY24 share buybacks. In nightclubs, total Q4 sales of $60.2M declined 0.5% vs. 4Q23. The change primarily reflected: 2.2% same-store sales growth, which was negatively impacted by ten closure days at three clubs in the Houston area due to Hurricane Beryl in July; sales from three new and reformatted clubs in Texas; the temporary closing of two clubs in Texas for most of the quarter; the transition of two clubs to new formats and/or hours to accommodate recent restrictions on Dallas businesses. In Bombshells, total 4Q24 sales of $11.9M declined 12.2% vs. 4Q23. The change primarily reflected a 16.2% same-store sales decline, negatively impacted by 26 closure days at five locations in the Houston area due to Hurricane Beryl in July; new sales from the Stafford location, which opened in November 2023, partially offset by a decline in sales from the San Antonio location, which was sold at the beginning of September. RCI repurchased 174,790 common shares for $7.8M at an average of $44.81 per share, resulting in 8,955,000 shares of common stock outstanding and $21.0M in remaining purchase authorization. In FY24, RCI repurchased 442,639 shares for $20.6M at an average of $46.55 per share.
JLL

Hot Stocks

09:04 EDT JLL assists PartsSource's relocation of headquarters - PartsSource is relocating from Aurora, Ohio to 50 Executive Parkway in Hudson, Ohio. JLL facilitated the 46,000 square-foot headquarters relocation to the 70,000 square-foot office building owned by Benedict Realty Group. JLL Senior Vice President Kristy Hull and Vice President Daniel Rose represented PartsSource in the transaction. PartsSource will occupy the first and second floors of the newly renovated Class A office building, which has excellent highway visibility, boasting 500 feet of frontage along I-80. The office offers team members convenient access to restaurants, hotels and retail offerings, creating a vibrant working environment to enhance the employee experience and help achieve long-term business success.
CRC

Hot Stocks

09:04 EDT Colorado School of Mines, Carbon TerraVault awarded $8.9M in DOE funding - Colorado School of Mines and Carbon TerraVault Holdings, a subsidiary of California Resources, announced the award of $8.9 million from the U.S. Department of Energy, DOE, for a Carbon Storage Assurance Facility Enterprise, CarbonSAFE, project in California. The grant will allow Mines, CTV, and industry partners Blade Energy Partners and Providence Strategic Consulting to conduct a feasibility study on the CTV III CO2 Storage Project, an underground carbon storage reservoir in San Joaquin County, California. The project will store up to an expected 71 million metric tons of carbon emissions.
KA MRK

Hot Stocks

09:02 EDT Kineta announces completion of enrollment in monotherapy arm of VISTA-101 - Kineta (KA) announced that it has completed the enrollment of new patients into the monotherapy arm of the VISTA-101 phase 1 clinical trial evaluating KVA12123, Kineta's novel VISTA blocking immunotherapy, in patients with advanced solid tumors. The monotherapy portion of the trial enrolled patients in 6-dose cohorts ranging from 3mg to 1000mg every two weeks and no dose limiting toxicities or cytokine related adverse events have been observed in the study. The Company is continuing to enroll patients into cohorts evaluating KVA12123 in combination with Merck's (MRK) anti-PD-1 therapy, KEYTRUDA.
AVGO

Hot Stocks

09:02 EDT Broadcom to highlight solutions at 2024 Open Compute Project Global Summit - Broadcom announced that momentum continues to build in support of its vision of enabling AI infrastructure through a combination of open standards, scalability, and power efficient solutions. Broadcom will highlight advancements across the areas via a series of presentations, product demonstrations, and other forums at the 2024 Open Compute Project Global Summit. The 2024 Summit takes place in San Jose, Calif. from Oct. 15-17. At the summit several cutting-edge AI solutions will be featured including: Ethernet networking switches like the Tomahawk 5 and Jericho3-AI designed to accelerate AI/ML workloads. The Trident4-X11 Ethernet switch engineered to create the front-end fabric that interfaces with the back-end AI fabric. Tomahawk 5 - Bailly, the world's leading 51.2 Tbps CPO Ethernet switch, which combines advanced silicon photonics CPO technology with Broadcom's Tomahawk 5 switch chip, setting a new benchmark for power efficiency and performance in AI infrastructure. High-performance, low-power 400G PCIe Gen 5.0 Ethernet adapters, developed as open, standards-based solutions to address connectivity challenges as XPU bandwidth increases and AI data center clusters expand. PCIe Gen 5.0 switches, which are the open, standards-based fabric of choice for AI connectivity; drawing half the power of alternatives, with industry leading SerDes, telemetry and diagnostics. The industry's first PCI Express Gen5/Gen6 retimers, offering ultra-low power solutions to enhance efficiency and scalability in AI infrastructure. Sian and Sian2 DSPs, supporting 200G/lane pluggable modules for connecting next-generation AI clusters.
KR DIS

Hot Stocks

09:02 EDT Kroger: Boost by Kroger Plus will now include Disney streaming options - The Kroger Co. (KR) announced Boost by Kroger Plus will now include Disney (DIS) streaming options as part of annual memberships. Kroger Plus members can select Disney+ Basic (With Ads), Hulu (With Ads) or an ESPN+ subscription as part of an inclusion benefit.
MDXXF

Hot Stocks

08:57 EDT PharmAla to supply University of Texas, San Antonio with LaNeo MDMA - PharmAla Biotech has been contracted as a supplier of MDMA to a proposed clinical trial at the University of Texas, San Antonio. Pursuant to a submitted grant funding application by the principals, the contract envisions the creation of a new dosage form for LaNeo MDMA, which will subsequently be tested in an investigator-initiated human clinical trial.
JAGX

Hot Stocks

08:57 EDT Jaguar submits abstract for study of impact of diarrhea from cancer therapies - Jaguar Health announced that a late-breaking abstract evaluating the incidence, severity and management of diarrhea from targeted therapies with or without standard chemotherapy in the cohort of adult patients with breast cancer in the placebo group of the OnTarget phase 3 study recently conducted by Jaguar family company Napo Pharmaceuticals, was submitted by the study's primary investigators to a relevant oncology conference for consideration for a presentation. In this study 142 patients with solid tumors received placebo tablets and nearly 75 of them were patients with breast cancer receiving targeted therapies with or without standard chemotherapy. These findings were collected from patient reported outcomes provided by the patients using digital applications for their gastrointestinal signs and symptoms. Napo is continuing the analysis of data from the OnTarget trial, with plans for further discussions with the FDA. The natural history from the placebo group of patients with breast cancer provides further insights into cancer therapy dose modifications necessitated due to cancer therapy-related diarrhea.
ONDS

Hot Stocks

08:55 EDT Ondas appoints Markus Nottelman as senior advisor - Ondas Holdings announced that Markus Nottelmann has joined the Company as Senior Advisor, focusing on commercial development and strategic activity for Ondas' wholly-owned subsidiary Ondas Networks, where he will also serve as a board member. Nottelmann is an accomplished executive and brings a wealth of experience through holding various financial and operating roles including leadership positions with Sperry Rail Service and Acuren Inspections, both subsidiaries of Rockwood Holdings, LP, as well as Furmanite Inc. and DMA S.r.l. Since 2020, Markus has been applying his broad experience as strategic CFO, leading several companies through strategic assessments, transformations, and acquisitions.
GNLN

Hot Stocks

08:54 EDT Greenlane enters non-binding LOI to distribute CURB Lifestyle technology - Greenlane Holdings has entered into a non-binding letter of intent to be a distributor in the U.S., Canada, Latin America, and the EU of the CURB Lifestyle patented, non-heating, inhalation device capable of safely delivering a wide range of formulations, including nicotine, cannabinoids, and other wellness compounds. CURB's inhalation device is targeting multi-billion-dollar markets, with the primary verticals encompassing nicotine, cannabis and wellness. The CURB products are expected to be available to order beginning November 15, 2024 via the Company's multiple online retail storefronts, as well as its wholesale portal. Greenlane also plans to make the device available to its dispensary clients for use with cannabis formulations as a healthier option of consumption. Greenlane and CURB have also agreed to explore the development and distribution of a comprehensive portfolio of lifestyle products designed to seamlessly fit into the daily lives of consumers. Utilizing CURB's innovative formulas, these products will offer a dual-use approach, providing consumers with flexibility and convenience in how they integrate wellness into their routines. CURB and Greenlane will focus on creating a series of wellness formulas aimed at enhancing consumers' health and lifestyle, including vitamins, pre and post workout, sleep aid, stress relief and other lifestyle wellness applications.
AREC

Hot Stocks

08:52 EDT American Resources' ReElement appoints Yi Ding as CTO - American Resources announced that its wholly owned subsidiary, ReElement Technologies, has appointed Dr. Yi Ding, Ph.D., as Chief Technology Officer. Dr. Ding joined ReElement Technologies in the summer of 2022 as the Company's Director of Research and Development.
SPAI

Hot Stocks

08:51 EDT Safe Pro's Airborne Response mobilized by Florida power utility operator - Safe Pro Group announced that its Mission Critical Unmanned Solutions subsidiary, Airborne Response, has been mobilized by Florida's largest power utility operator under an emergency services contract in anticipation of Hurricane Milton. Airborne is mobilizing its uncrewed aircraft systems teams as Florida's Governor has declared a widespread state of emergency for 51 of Florida's 67 counties. Airborne has over 120 pilots trained and ready to respond in the aftermath of a hurricane landfall. The storm is expected to bring life-threatening impacts to Florida's gulf coast, including high winds, storm surges and heavy rainfall which could cause flash flooding. Under a recently extended multi-year contract, Airborne Response's flight teams will utilize UAS to assess the condition of Florida's power lines and poles to assist utility restoration crews responding to storm damage. Airborne Response's drone services have supported disaster response efforts in Florida for nearly a decade, completing over 500 drone flights on behalf of enterprise customers during relief and recovery efforts in the aftermath of Category 4 Hurricane Ian, generating nearly $1 million in revenue at that time.
SRCO

Hot Stocks

08:49 EDT Sparta Commercial Services reports results with early EzBroker360 adopters - Sparta Commercial Services announced that its subsidiary, Agoge Global USA and its joint venture partner, WeDev Group Ltda., experienced a notable increase in the number of client transactions processed on its EZBroker360 platform since its July 31, 2024 quarter end launch. "We are thrilled to see strong market adoption almost immediately after the launch of our platform," said Anthony Havens, CEO. "Our team continues to work diligently to disrupt an untapped sector of the import/export industry, and the positive response from our clients is a testament to our efforts. This has led to requests from current clients to expand their relationship and a growing backlog of prospects queuing up to get on the platform." Our platform combines a Merchant of Record model with a comprehensive suite of services that simultaneously improves the efficiency, reduces the cost, and increases the speed of the financial management process for Brazilian importers and exporters. Introduced just a few short months ago, our platform has been successfully implemented at a number of trading organizations for a range of services, including the seamless integration of invoice management, bill of lading processing, and import/export declarations, along with a robust staged financing module. In fact, several transactions are on the precipice of completing a 'full loan cycle,' where clients will have received and repaid critical import/export costs funded through our platform. Having proven commercial success with these initial implementations, the Company will now begin onboarding additional clients as our bandwidth grows.
NVX

Hot Stocks

08:48 EDT Novonix, Voltaiq announces strategic partnership to drive efficiency, quality - Voltaiq and NOVONIX announced a strategic partnership aimed at revolutionizing the battery industry's approach to quality control and efficiency. This collaboration comes at a time when battery companies are under pressure to optimize operations in an increasingly competitive global market. The partnership between Voltaiq and NOVONIX represents a significant step forward in addressing these challenges, combining Voltaiq's best-in-class battery quality analytics software with NOVONIX Ultra-High Precision Coulometry equipment, as well as its expertise in battery R&D and materials development.
MTWO

Hot Stocks

08:48 EDT M2i Global, Global Remediation, Linecrest enter licensing agreement - Global Remediation Inc, in collaboration with M2i Global announced a Licensing agreement facilitated by Komodo Capital with Australia's Linecrest. This agreement aims to revolutionize and enhance the sustainability and security of critical mineral supply chains.M2i's ecosystem provides partners with access to turnkey solutions, facilitating expanded business opportunities, securing offtake agreements, influencing strategic government policy, engaging with aligned NGOs, and trusted laboratories. Linecrest in collaboration with its research and development partner Nova Terra Limited and Australian Universities, is a leading provider of innovative mineral processing technology. Together, they have developed a proven, cutting-edge technology in Australia that is now entering the next stage of commercialization. Their advanced processing methodology, which integrates X-Ray fluorescence and infrared technology to detect and sort minerals at a commercial scale, has demonstrated its ability to increase mining efficiencies and reduce highly contaminated waste by over 30%.
RBLX

Hot Stocks

08:47 EDT Roblox lower after Hindenburg short report says metrics inflated for Wall Street - Roblox has reported net losses every quarter since becoming a public company, with last twelve months losses totaling $1.07B, Hindenburg Research stated in a report in which the firm discloses that it holds a short position in the stock. "Since Roblox isn't profitable, its stock price (and, in turn, insiders' ability to dump hundreds of millions of dollars of stock) is reliant on the growth metrics it presents to Wall Street. Our research indicates that Roblox is lying to investors, regulators, and advertisers about the number of "people" on its platform, inflating the key metric by 25-42%+. We also show how engagement hours, another key metric, is inflated by an estimated 100%+," the firm stated in its short report. The firm adds that it believes "Roblox intentionally conflates 'people' with DAUs, consistently inflating the reported number of people on its platform." The short-selling firm added: "Beyond inflated key user metrics, our in-game research revealed an X-rated pedophile hellscape, exposing children to grooming, pornography, violent content and extremely abusive speech." In pre-market trading, Roblox shares are down $3.70, or 9%, to $37.69. Reference Link
OGEN

Hot Stocks

08:47 EDT Oragenics completes key FDA-recognized study for ONP-002 - Oragenics has completed a key study for their new concussion drug, ONP-002. This drug is designed to be delivered through the nose, which could help it reach the brain quickly after a head injury. The recent study shows that the drug successfully targets areas inside the nose that are connected to the brain. This makes it more likely to reach and treat the brain after a concussion. Intranasal casting studies are valued by the FDA for pharmaceuticals delivered via the nasal passage and accept such studies in FDA submissions. Oragenics is now preparing to move forward with human testing in patients who come to the emergency room with a concussion, aiming to give the first dose of the drug within 8 hours of the injury.
AISP

Hot Stocks

08:46 EDT Airship AI awarded $1.2M contract with Fortune 100 company - Airship AI has been awarded a contract worth $1.2 million with a Fortune 100 transportation and e-commerce company for the support and maintenance over the next nine months for an existing globally deployed Acropolis Enterprise Video and Data Management platform supporting the company's operational and physical security requirements.
YOSH

Hot Stocks

08:46 EDT Yoshiharu enters partnership with Xing Sheng Group - Yoshiharu Global entered into a non-binding Memorandum of Understanding with Xing Sheng Group through a Master License Agreement for the Liaoning Province in China to introduce a new flagship Yoshiharu restaurant in Shenyang, China, home to over 43 million people. Founded in 1991, Xing Sheng Group is a prominent Chinese conglomerate with ventures in real estate, investments, and film production, operating 17 subsidiaries in major cities across China. Its real estate arm, Shenyang Yongsheng Seven Stars Tourism Development, specializes in developing tourist attraction centers in Shenyang and is currently constructing China's largest water park. This strategic partnership offers Yoshiharu a prime opportunity to develop a location within the water park, catering to both local residents and visiting tourists. As the capital and largest city of China's northeast Liaoning Province, Shenyang is a dynamic transportation and commercial hub of northeast China, positioning the new flagship location to serve the ethnically and culturally diverse population. Following Yoshiharu's recent expansion into Las Vegas, this flagship location in Shenyang will play a pivotal role in advancing the Company's growth strategy by introducing and expanding the Yoshiharu brand and its culinary offerings to new markets.
IVDA

Hot Stocks

08:46 EDT Iveda Solutions files 2nd patent for liquid storage management system, LevelNOW - Iveda announced a second patent for its recently launched liquid storage management solution, LevelNOW. This update features a specialized vent cap designed for standard 200-liter steel oil drums, providing a first-of-its-kind solution for industries that manage oil and gas. The vent cap valve uses a conductor sensor with an innovative magnetic end to keep the fluid level sensor taut and perpendicular to ensure accurate fluid measurement and to help prevent spills, leaks and evaporation. Leveraging advanced IoT sensors, LevelNOW offers real-time monitoring and control, signaling to a wireless gateway outside the drum to reduce costly losses and improve operational efficiency. Uniquely designed, the vent cap valve connector and sealing device ensures easy installation and removal without compromising the steel drum's seal, and the magnetic end prevents reverse connections, enhancing the system's reliability and safety. The ability to leverage IoT sensors--specifically those that work with existing equipment to communicate data to the LevelNOW platform--allows the system to execute data-informed actions on behalf of the human to increase accuracy and productivity, providing significant advancements for the industry overall...This second patent follows Iveda's first LevelNOW patent-a customizable IoT sensor, which measures liquid levels externally on containers of various sizes and shapes. By improving safety, enhancing operational efficiency, and providing tangible savings, LevelNOW is revolutionizing liquid storage management, making it an essential tool for companies looking to protect their assets and boost profitability.
RWAY

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08:45 EDT Runway Growth Finance provides Q3 portfolio update - Runway Growth Finance provided an operational and portfolio update for the third quarter ended September 30, 2024. Originations: In the third quarter of 2024, Runway Growth funded seven investments: two investments in new portfolio companies and five investments in existing portfolio companies. These include: Completion of a new $23.0 million investment to Snap! Mobile; Completion of a new $45.3 million investment to Zinnia Corporate Holdings; Completion of a new $20 million investment to existing portfolio company Elevate Services; Completion of follow-on investments with an aggregate amount of $6.3 million to two existing portfolio companies; and During the quarter Runway-Cadma I, its joint venture with Cadma Capital Partners LLC, purchased a portion of its Airship Group, Inc. loan, amounting to a $5.0 million equity investment in the JV subsidiary. During the third quarter ended September 30, 2024, Runway Growth experienced the following liquidity events: Full principal repayment of the Company's senior secured term loan to CloudPay, Inc. of $75.0 million; An assignment of $10.0 million of the Company's investment in Airship Group, Inc. to the JV; and Other scheduled principal amortization of $0.6 million.
BBKCF

Hot Stocks

08:44 EDT Bigg Digital Assets' Netcoins USA partners with APX Lending - BIGG Digital Assets announced that Netcoins USA has signed a partnership agreement with APX Lending, a crypto-backed lending platform, to provide crypto-backed loans to their clients in the United States. Netcoins USA and APX Lending have entered into a strategic partnership to offer preferred trading and lending services to their respective client bases in the United States This complementary partnership will broaden Netcoins' product offering to their US clients, capitalizing on the growing $5.5 billion crypto-backed lending market. Under this partnership, Netcoins USA and APX Lending will collaborate to deliver a robust and integrated trading and borrowing experience to their respective USA customers. Together, they aim to provide a high-touch, premium service across both platforms. This will include simple onboarding processes, preferred lending and trading rates for shared clients, and access to lower fee services - making the client experience seamless.
RBLX

Hot Stocks

08:43 EDT Roblox down 10% after called 'pedophile hellscape' in Hindenburg short report
GAIA

Hot Stocks

08:43 EDT Gaia announces HEAL Conference hosted by Kelly Gores - Gaia announced its upcoming event, The HEAL Conference hosted by Kelly Gores, host of the HEAL with Kelly podcast, and director and producer of the award-winning documentary HEAL. This immersive experience will take place November 9 - 10 at Gaia's state-of-the-art event center, the GaiaSphere, at the Company's headquarters in Boulder, Colorado. This catalyzing weekend event builds upon teachings from Gores' documentary, which explores the power of the mind-body connection and the body's natural healing capabilities. Gores will share the learnings of the HEAL brand with attendees, spreading knowledge about the remarkable ability and intelligence of the human body to expand one's belief of what's possible and inspire individuals to become conscious co-creators with their lives
SHIP

Hot Stocks

08:42 EDT Seanergy Marine mails CEO letter to shareholders - Seanergy Maritime Holdings announced that it has mailed a letter from Stamatis Tsantanis, Seanergy's Chairman and Chief Executive Officer, to shareholders in connection with the Company's upcoming 2024 Annual Meeting of Shareholders. The letter highlights the Company's: Transformation over the last four years into a prominent pure-play Capesize shipping company with attractive competitive positioning and an improved balance sheet, poised to capitalize on tailwinds in the Capesize market; Comprehensive strategic plan that has enabled Seanergy to grow its business, deliver record financial results and increase returns to shareholders; and qualified directors who each brings a deep understanding of the industry. Their continued oversight is critical for us to build on our momentum and execute our strategic plans. The Seanergy Board of Directors continues to unanimously recommend that shareholders vote on the WHITE proxy card "FOR" Seanergy's nominees and "AGAINST" the proposals made by Economou, and discard any other proxy card you may receive from Economou.
SLNO

Hot Stocks

08:42 EDT Soleno says FDA sees no need for advisory committee meeting for DCCR NDA - Soleno Therapeutics announced a regulatory update from the U.S. Food and Drug Administration. The FDA Review Division has determined that there does not appear to be a need for an advisory committee meeting at this time for the New Drug Application for DCCR extended-release tablets for the treatment of Prader-Willi syndrome. However, the Division's review team will continue to consider the potential need for an advisory committee meeting during their ongoing review. As announced previously, the DCCR NDA was designated for Priority Review with a Prescription Drug User Fee Act target action date of December 27, 2024.
KOPN

Hot Stocks

08:42 EDT Kopin gets order for SXGA-R15 microdisplay system for 3D AOI, no terms - Kopin Corporation announced that it has secured its first production purchase order for the recently launched SXGA-R15 microdisplay system for 3D Automated Optical Inspection or 3D AOI . This initial order comes from Mirtec of South Korea..."This order from Mirtec is evidence that with the low-cost and small form factor advantages offered by the SXGA-R15 system, we believe Kopin is well positioned to capitalize on this surge in demand across Asia and other global markets," said Greg Truman, Vice President of Business Development for Europe and Asia. "Kopin's SXGA-R15 is particularly well-suited for high-growth sectors like semiconductor manufacturing and automotive electronics, where the demand for high-precision 3D inspection continues to rise. We are excited to support Mirtec's continuing innovation in 3D AOI and contribute to enabling their next generation of automated inspection machines."
TNXP

Hot Stocks

08:40 EDT Tonix Pharmaceuticals announces AI collaboration with X-Chem - Tonix Pharmaceuticals announced that it has entered into an AI and ML research collaboration with X-Chem. Tonix's TNX-4200 antiviral program focuses on the development of oral CD45 phosphatase inhibitors, with broad-spectrum activity against a range of viral families. As previously disclosed, Tonix entered into a contract with the U.S. Department of Defense's Defense Threat Reduction Agency for up to $34 million to advance the development of Tonix's TNX-4200 broad-spectrum oral antiviral program for medical countermeasures, including an Investigational New Drug submission and a first-in-human Phase 1 clinical study.
OCX

Hot Stocks

08:39 EDT OncoCyte's DetermaIO predicts response to Atezolizumab in Phase 2 trial - Oncocyte announced the peer-reviewed publication of positive data related to its proprietary gene expression test, DetermaIO. The NeoTRIP Phase 2 clinical trial randomized patients with triple-negative breast cancer, TNBC, to receive neoadjuvant carboplatin and nab-paclitaxel, with or without the immunotherapy, atezolizumab. As a secondary point of interest in the study, Oncocyte's DetermaIO test was among several established biomarkers and gene signatures assessed for its ability to predict which patients with early stage TNBC are most likely to benefit from the immunotherapy. The study was performed in collaboration with the Michelangelo Foundation for Cancer Research, a well-regarded independent scientific organization based in Milan. Only DetermaIO was both statistically significant and predictive of a pathologic complete response among the various biomarkers assessed.
GIFT

Hot Stocks

08:39 EDT RDE CFO Steve Handy purchases 25,620 shares in the open market - RDE announced that recently hired Chief Financial Officer Steve Handy purchased a total of 25,620 shares for a total of $50,333. The transactions we executed on October 1, 3 and 4, 2024 and resulted in average price per share of $1.9646.
RR

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08:38 EDT Richtech Robotics signs distribution agreement with Sproutmation - Richtech Robotics has signed a distribution agreement with Sproutmation. Sproutmation's first purchase order is for 20 Scorpion units. Under the arrangement, Sproutmation has agreed to an annual sales target of 100 robot units.
WATT

Hot Stocks

08:38 EDT Energous ships 1W PowerBridge transmitter systems for multinational retailer - Energous Corporation announced it has shipped its Energous 1W PowerBridge transmitter systems for use by a Fortune 10 multinational retail organization. The transmitters, which are ruggedized and weatherproof, are purpose built for commercial transportation applications, allowing real time inventory tracking during distribution. This deployment follows the retailer's previous orders of Energous 2W PowerBridge transmitters for its grocery distribution centers. In legacy supply chain management systems, data is typically tracked manually with bar code scanners or paper documents, leading to information gaps and errors. As more retailers use Internet of Things enabled devices such as scanners and tags to track products, they can create smart supply chains which improve efficiency, customer service, and profitability. Energous PowerBridge transmitter systems provide a WPN that delivers an always-on, OTA, automated energy flow that optimizes IoT device performance, enabling the retailer to digitally monitor their transportation network 24/7/365. As a result, distribution becomes more efficient, and they can proactively address shipment issues, whether on the road or in a warehouse, in real time. "This shipment of our 1W transmitters not only establishes the foundation for a new WPN that will enhance this retailer's transportation network visibility and control, but also strengthens our existing relationship with them, given their use of our 2W transmitters for grocery distribution optimization," said Mallorie Burak, Interim Principal Executive Officer and CFO, Energous Wireless Power Solutions. "Our wireless power solutions are safe and cost-effective, providing companies with operational infrastructures that are always on, enabling a constant stream of real-time data, and delivering up to 99 percent visibility of all tracked assets and inventory, from the warehouse to the store.
CYDY

Hot Stocks

08:37 EDT CytoDyn appoints Max Lataillade as head of clinical development - CytoDyn announced that Max Lataillade, DO, MPH, has been appointed as Senior Vice President and Head of Clinical Development. Under his consulting agreement, Dr. Lataillade will lead the Company's global research and development strategy and oversee end-to-end R&D activities to advance the Company's clinical development pipeline. He most recently served as Vice President, Head of Early Development and Global Research Strategy at ViiV Healthcare.
ICU

Hot Stocks

08:36 EDT SeaStar expands NEUTRALIZE-AKI trial with two military medical facilities - SeaStar Medical announces the activation of Brooke Army Medical Center and the United States Army Institute of Surgical Research, expanding the number of sites in its NEUTRALIZE-AKI pivotal trial. This trial is evaluating the safety and efficacy of SeaStar Medical's innovative Selective Cytopheretic Device in treating acute kidney injury in adult ICU patients receiving continuous kidney replacement therapy. With the inclusion of these prestigious military medical facilities, SeaStar Medical now has 11 active clinical sites with 48 subjects enrolled to date. The SCD has received U.S. Food and Drug Administration Breakthrough Device Designation for adults with AKI, which is awarded to the SCD as a therapy to treat a serious or life-threatening condition with preliminary clinical evidence indicating it may demonstrate substantial improvement over available therapies on clinically significant endpoints. In July 2024, the U.S. Centers for Medicare and Medicaid granted Category B coverage for certain expenses incurred by medical centers treating Medicare and Medicaid patients enrolled in the NEUTRALIZE-AKI pivotal trial. Among other accomplishments, SeaStar Medical began shipping the SCD Pediatric, brand named QUELIMMUNE, for pediatric patients with AKI and sepsis indications in July 2024, having received Humanitarian Device Exemption approval from the FDA earlier in 2024. Additionally, the Company paid-off all interest-bearing debt in September 2024.
ECDA

Hot Stocks

08:35 EDT ECD Automotive Design launches retail strategy, site selection process - ECD Automotive Design announced it has embarked upon a new retail strategy to own and operate brick and mortar showrooms to market and sell ECD's vehicles. In support of the strategy, ECD has signed an agreement with Site Selection Group, of Dallas, Texas, to research and identify real estate locations to effectuate ECD's retail showroom concept. The Company anticipates three avenues to generate additional revenue at a retail location: a customer signs for a new, custom build and begins the process that allows for over 2 million design choices, a customer purchases an existing ECD new car that is available for immediate delivery and a customer purchases a used ECD vehicle from ECD.
PEG

Hot Stocks

08:35 EDT PSE&G announces settlement agreement with NJ Board of Public Utilities - In a regulatory filing on Monday, PSE&G announced that it reached a settlement agreement with the staff of the New Jersey Board of Public Utilities, the New Jersey Division of Rate Counsel and other parties to conclude PSE&G's electric and gas distribution base rate case filed in December 2023. This settlement, if approved by the BPU at an upcoming meeting, provides for a $505M increase in annual revenues, based on an unchanged 9.6% ROE and an increased 55% equity ratio.
HUBG

Hot Stocks

08:34 EDT Hub Group enters joint venture with EASO - Hub Group announced that it entered into a joint venture with EASO. Transaction Highlights: Unique partnership adds significant scale to Hub Group's intermodal business and drayage capabilities in Mexico; expands physical footprint via EASO's network of terminals; Joint venture will be the largest cross-border and intra-Mexico intermodal company, positioning Hub Group to capitalize on nearshoring trends and providing meaningful growth opportunities; EASO has been expanding its cross-border presence and converting over-the-road freight to intermodal, resulting in over 30% YoY intermodal volume growth; Sizable synergy opportunities associated with cross-selling, operational integration, asset utilization and drayage enhancements; Immediately accretive upon close to Hub Group's 2024 EPS prior to expected cross-sell and operational synergies
MSFT RZLV

Hot Stocks

08:34 EDT Microsoft, Rezolve AI collaboration to focus on AI solutions for global retail - Building on the recent announcement of the strategic partnership between Microsoft Corp. (MSFT) and Rezolve AI (RZLV), it was confirmed today that their ongoing collaboration will focus on delivering advanced AI solutions to enhance the global retail sector, which presents a $30 trillion market opportunity. This collaboration leverages the integration of Rezolve AI's proprietary Brain suite of commerce solutions with Microsoft's Azure cloud infrastructure, providing retailers with AI tools designed to optimize operations, drive consumer engagement, and enhance omni-channel experiences. As part of the partnership, Microsoft is committed to supporting Rezolve AI with Go-to-Market initiatives which is expected to reach a minimum of $130 million over the next five years. These GTM efforts will fuel global market penetration by connecting Rezolve AI with top retail customers across three major continents each quarter, , and will drive Rezolve Ai's target of over $100 million ARR for 2025 and accelerated growth over the subsequent years thereafter. This financial backing underscores Microsoft's belief in Rezolve AI's potential to transform the retail sector through its powerful suite of solutions.
BKSY

Hot Stocks

08:34 EDT BlackSky awarded seven-figure contract to deliver NEI services - BlackSky won a seven-figure contract to deliver non-Earth Imaging, or NEI, services to support the customer's Space Domain Awareness, or SDA, capabilities. As part of the contract BlackSky will integrate Gen-2 satellite imagery of on-orbit spacecraft into the customer's collection of SDA assets.
LPTH

Hot Stocks

08:32 EDT LightPath awarded initial BlackDiamond glass order - LightPath Technologies announced receipt of an initial development contract from a new European defense customer for the use of BlackDiamond glass in optical systems. The BlackDiamond glass, which has already completed qualification with the customer, utilizes the company's proprietary BlackDiamond Chalcogenide material, and will be utilized in the prototypes within the defense customer's optical systems. Upon successful development into the customer's next-generation optical systems, LightPath maintains the opportunity for larger recurring orders in the future.
PTLO

Hot Stocks

08:32 EDT Portillo's partners with Milk Bar for Chocolate Cake Cookie - Portillo's and Milk Bar have teamed up to create a limited-edition treat, the Portillo's Chocolate Cake Cookie. Starting Tuesday, Oct. 8, the limited-edition, individually-wrapped Portillo's Chocolate Cake Cookie will be available for purchase inside at all Portillo's restaurants with dining rooms via the grab-and-go display. In addition, a six-count Cookie Tin will be available for nationwide shipping at MilkBarStore.com, while supplies last.
SAVA

Hot Stocks

08:21 EDT Cassava Sciences up 8% at $27.44 in pre-market following CEO letter
SAVA

Hot Stocks

08:21 EDT Cassava Sciences to announce top-line results of ReTHINK trial before year-end - In a regulatory 8-K filing, the company publishes the letter from its CEO Rick Barry, stating: "A lot has happened in the few months since I last wrote to you. It's time that I update you on what has taken place here at Cassava and the substantial progress that we have made. I am happy to inform you that our ReTHINK Phase 3 clinical trial recently completed its last patient, last visit. All patients have completed dosing, and all that remains is to collect and analyze the data. For a company our size, this is a remarkable achievement. This study enrolled 804 patients at 77 sites in the US, Puerto Rico, Canada, and Australia. Patients were randomized 1:1 between placebo and simufilam 100 mg, twice daily. Approximately 70% of the patients entered the study with mild Alzheimer's disease, while 30% entered with moderate Alzheimer's. We expect to announce top-line results of the ReTHINK trial before year end. We submitted our proposed Statistical Analysis Plan to FDA in July and are now responding to comments that we have received from the agency. We expect to finalize the Statistical Analysis Plan in the near term." Reference Link
THO

Hot Stocks

08:19 EDT Thor Industries increases quarterly dividend 4.2% to 50c per share - THOR Industries announced that its Board of Directors approved, at its October 8, 2024 meeting, the payment of a regular quarterly cash dividend of $0.50 per share. The new quarterly dividend amount represents a 4.2% increase from the previous quarterly dividend amount of $0.48.
GVP

Hot Stocks

08:19 EDT GSE Systems says received non-binding indication of interest - In a regulatory filing, GSE Systems announced that on October 1, after business hours, the company received a non-binding, unsolicited letter from a third party that stated Company Z was prepared to offer $5.50 to $5.75 per share for the company's common stock. Company Z requested that the company enter into "exclusivity" with company Z to allow 17-21 days to conduct due diligence and negotiate a definitive agreement. The Board of Directors of the company met with representatives of Robert W. Baird & Co. Incorporated and Miles & Stockbridge P.C. on Wednesday, October 2, 2024, to assess the letter. The Board instructed its representatives to seek clarification and ascertain whether the letter was a Takeover Proposal that was likely to lead to a Superior Proposal. The company then provided Parent with all required notifications under the Merger Agreement. The same day, representatives of Baird and M&S contacted a representative of Company Z to clarify the terms of the letter. Among other things, the company's representatives notified Company Z that the terms of its letter were inconsistent with Section 5.2 of the Merger Agreement and the best interests of the company's stockholders. Further, it became clear that Company Z lacked an understanding of the full extent of the transaction value. A representative of Baird informed Company Z that it would need to enter into an Acceptable Confidentiality Agreement and conduct expedited due diligence. Shortly after the call, a representative of M&S provided Company Z with a draft confidentiality agreement. While the Board was prepared to enter into an Acceptable Confidentiality Agreement and provide information to Company Z as permitted by Section 5.2(b) of the Merger Agreement, Company Z did not take any further action. On Thursday, October 3, 2024, a representative of M&S emailed Company Z to inquire as to status and to remind Company Z that time is of the essence. Company Z provided no response. On Friday, October 4, 2024, a representative of M&S again emailed Company Z to inquire as to status. In response, a representative of Company Z advised that it did not agree with the requirements of an Acceptable Confidentiality Agreement or an expedited diligence process. In response, a representative of M&S advised that Baird and M&S were available to review any comments to the draft confidentiality agreement and then address concerns related to a potential process. Company Z provided no further response. In light of the foregoing, the Transaction Committee held a meeting the afternoon of October 4, 2024. The Transaction Committee discussed prior non-binding indications of interest received from third parties, including those reflected in the Background of the Merger section of the Company's proxy statement on Form DEFM14A, prior negotiations with Company A, prior negotiations with Company B and prior negotiations with Company D, each of which had conducted extensive due diligence. After discussing that each of the foregoing parties had submitted non-binding offers or indications of interest, but later withdrew from the process after receiving access to due diligence, and also citing Company Z's failure to comply with the procedural requirements set forth in the Merger Agreement, the Board expressed concern that Company Z's non-binding proposal appears unlikely to mature into a binding Takeover Proposal, much less a Superior Proposal. GSE reaffirms its recommendation that the stockholders approve the merger agreement with Parent at the October 25 special meeting.
PRSO

Hot Stocks

08:18 EDT Peraso to showcase customer solutions at Wispapalooza 2024 - Peraso announced its participation at WISPAPALOOZA 2024, where the Company will be showcasing its innovative 60 GHz fixed wireless access solutions designed to provide next-generation connectivity for wireless Internet service providers.WISPAPALOOZA is one of the largest gatherings for WISPs in North America, offering attendees an unparalleled opportunity to explore cutting-edge solutions that enhance broadband delivery to residential and commercial customers. Representatives from Peraso will attend the show in Las Vegas, October 14 - 17, 2024 where they will feature the Company's 60 GHz FWA solutions and discuss how Peraso is leveraging its expertise in mmWave technology to deliver high-speed, low-latency internet access to the masses.
ENSC

Hot Stocks

08:17 EDT Ensysce leadership participates at Annual Pain Therapeutics Summit - Ensysce Biosciences announced that Dr. Lynn Kirkpatrick, Chief Executive Officer of Ensysce, will present at the 18th Annual Pain Therapeutics Summit taking place on October 28 and 29, 2024 in Boston, MA. Dr. Kirkpatrick's presentation "When All You Have is a Hammer ... A New Approach to Soften the Blow" will be held on Monday, October 28th at 1:00 PM Eastern Time. In this session, Dr. Kirkpatrick will review the proliferation of new analgesic entrants that have promised opioid-like efficacy but to date have not delivered. The result has been opioid mistrust and unfortunately, a reduction in access for those who depend on opioid pain relief for a decent quality of life. Instead of turning away from these effective analgesics, Ensysce embraced their efficacy by introducing new TAAP and MPAR classes of opioids. The lead agents, PF614 and PF614-MPAR, are expected to provide a novel option for high-risk patients delivering exquisite pain relief yet with advantages over currently used Abuse Deterrent Formulation opioid products. TAAP-modified opioids reduce multiple forms of abuse and only release the opioid when taken orally and exposed to trypsin in the gut. MPAR applies another layer of safety resulting in oral overdose protection by adding a trypsin inhibitor to each of the TAAP products. Dr. Kirkpatrick will present clinical data demonstrating these unique qualities of TAAP and MPAR and supporting their added benefits over the ADF class.
PRZO

Hot Stocks

08:16 EDT ParaZero announces back-to-back orders for its counter-drone solution - ParaZero Technologies recently announced that it has achieved significant milestones in the rapidly growing Counter-Unmanned Aerial Systems, C-UAS, market with back-to-back orders for its advanced counter-drone solution. These recent successes highlight ParaZero's impressive entry into the counter-drone sector, following its earlier announcement this year to expand into the defense and Homeland Security, HLS, market. "These orders represent a pivotal moment for ParaZero as we expand our portfolio to meet the rising global demand for counter-drone technology," said Boaz Shetzer, CEO of ParaZero Technologies. "The advanced capabilities of our C-UAS systems allow our clients to effectively mitigate the threats posed by rogue drones, ensuring the safety of both military and civilian environments."
INFY ONB

Hot Stocks

08:16 EDT Infosys, Old National Bancorp expand collaboration - Infosys (INFY) and Old National Bank (ONB) recently entered into a strategic expansion of their four-year collaboration. This deepening of a highly successful relationship enables Old National to leverage Infosys services, solutions and platforms for operations transformation and process digitization powered by automation and GenAI, and transformation of key business areas. Since 2020, Infosys has helped Old National modernize its digital landscape using a highly efficient, self-funding model. The resulting uplift in stability, resiliency and improved client experience has served to accelerate and sustain Old National's growth.
MYNZ

Hot Stocks

08:15 EDT Mainz Biomed reports increased demand for enhanced ColoAlert product - Mainz Biomed announced increasing demand from existing and prospective laboratory partners for its enhanced ColoAlert product that has been launched in July 2024 and is currently being commercialized across Europe and in select international markets. This advanced version of the Company's colorectal cancer, CRC, screening test is set to become the standard offering for all existing partners, reflecting its proven benefits in optimizing screening efficiency and improving user experience.
LIFE

Hot Stocks

08:14 EDT aTyr Pharma to present on efzofitimod for pulmonary sarcoidosis at CHEST 2024 - aTyr Pharma announced that the Company's lead therapeutic candidate, efzofitimod, will be featured in the Best of CHEST Journals session at the CHEST 2024 Annual Meeting, which is scheduled to take place October 6 - 9, 2024, in Boston, MA. "We are very pleased to have efzofitimod featured in this year's Best of CHEST session, which speaks to the high quality of the data from the Phase 1b/2a study that was previously published in the journal," said Sanjay Shukla, CEO. "We believe the findings from this study, which showed the ability of efzofitimod to reduce-and in some cases eliminate- steroid use in patients while controlling symptoms, are an important step forward in developing a potential new treatment for sarcoidosis." The presentation will review data supporting the efficacy of efzofitimod in pulmonary sarcoidosis, including findings from a Phase 1b/2a study for key efficacy endpoints including measures of steroid reduction, lung function, sarcoidosis symptoms and inflammatory biomarkers that were published in CHEST and a post hoc analysis of the Phase 1b/2a study that evaluated time-to-first-relapse and relapse rate for steroid use that was published in the European Respiratory Journal. Efzofitimod is currently being investigated in the global pivotal Phase 3 EFZO-FIT study in 268 patients with pulmonary sarcoidosis. Topline data from the study are expected in the third quarter of 2025.
BKR

Hot Stocks

08:14 EDT Baker Hughes lands largest integrated compressor line order in its history - Baker Hughes, announced Tuesday its largest order ever of Integrated Compressor Line, ICL, units with Dubai Petroleum Establishment, DPE, for and on behalf of Dubai Supply Authority, DUSUP, to enhance the reliability of energy supply and support local decarbonization efforts. The order was booked in the third quarter of 2024. The 10 ICL units - five for gas storage and five for dual-use injection boosting or gas export to the existing gas distribution system - will be installed at the Margham Gas storage facility in Dubai, significantly increasing its capacity. Through the adoption of the ICL technology, the project aims to achieve a high-reliability system with reduced emissions. The project will provide stability to Dubai's energy supply by strengthening the system's ability to switch between natural gas and solar power.
ASST

Hot Stocks

08:13 EDT Asset Entities announces new episode on "The Lounge" podcast - Asset Entities announced their next episode on the Lounge featuring former National Champion Miami Hurricanes, Michael Irvin and Sandy Jack. This episode will feature Irvin and Jack, who discuss their journey as teammates at the University of Miami, playing football for famed head coach Jimmy Johnson, winning a national championship with the Hurricanes, and other life lessons. "The Lounge" is hosted by well-known TikToker, Kyle Fairbanks, who also serves as the Executive Vice Chairman and Chief Marketing Officer for Asset Entities. The Lounge can be viewed on its YouTube channel @TheAELounge.
LNSR

Hot Stocks

08:12 EDT Lensar announces more than 1M procedures completed with cataract laser systems - LENSAR announced that more than one million procedures have been performed using its technology. "We are proud to celebrate this significant milestone with our surgeon partners. Our mission is to bring innovative robotic laser solutions to cataract surgeons to help them improve clinical efficiencies and outcomes, while revolutionizing the patient and surgical experience," said Nick Curtis, President and CEO of LENSAR. "The completion of our millionth procedure is a testament to our longstanding commitment to provide premium robotic technology that we believe enhances the user experience and addresses the needs of our surgeon partners and their patients. We see the achievement of this milestone as confirmation that cataract surgeons recognize the many benefits that our robotic laser systems provide."
PARXF

Hot Stocks

08:12 EDT Parex Resources reports Q3 average production 47,569 boe/d - Q3 2024 Production Update: Q3 2024 average production was 47,569 boe/d. Average production was in line with the most recent production guidance. September 2024 production was supported by a new well at Capachos. Parex's production guidance incorporates a range of technical outcomes and contingency for significant downtime events; there were no notable downtime events during the quarter.
TRU

Hot Stocks

08:11 EDT First Orion, TNS, TransUnion partnership launches brand calling with logos - First Orion, Transaction Network Services, TNS, and TransUnion announced the availability of branded calling with logos across the top three U.S. wireless carriers. The partnership ensures branded calls with rich content are verified with end-to-end authentication, providing a secure method to help prevent call spoofing. With the addition of logo delivery to the portfolio of rich content, the partnership expects a continued increase in secure branded calling adoption before the end of 2024.
TOON SSNLF

Hot Stocks

08:10 EDT Kartoon Studios, Samsung TV Plus launch kids free streaming channel - Kartoon Studios (TOON) announced it has launched Kartoon Channel's videogame FAST channel through Samsung (SSNLF) TV Plus in three large European territories - the UK, Italy, and Spain. In addition, through a joint venture with Power Kids, Kartoon Channel will be offered in India, one of the largest television markets in the world. These new territories will immediately provide Kartoon Channel with a footprint of over 1.5 billion new viewers.
DUOT CNI

Hot Stocks

08:08 EDT Duos Technologies Group signs five year strategic agreement with CN - Duos Technologies Group (DUOT) announces a new five-year agreement signed with CN (CNI) that will enable Duos to offer Machine Vision/AI Wayside Detection Safety Data through a subscription service. For more than five years, CN has used Machine Vision/AI Wayside Detection technology along its network in Canada and the United States. CN has been using this solution to complement current manual inspections, helping maintain its fleet with more efficiency, leading to a safer and more reliable railway.
RGLS

Hot Stocks

08:08 EDT Regulus completes enrollment in fourth cohort of Phase 1b kidney disease trial - Regulus has completed enrollment of 26 patients in the fourth cohort in the Phase 1b MAD study of RGLS8429 for the treatment of Autosomal Dominant Polycystic Kidney Disease, or ADPKD. The trial remains on track for an End of Phase 1 meeting with the FDA by the end of 2024, and Regulus plans to share topline data from a substantial number of patients in cohort four in early 2025. The Phase 1b MAD study is fixed dose trial evaluating the safety, tolerability, pharmacokinetics and pharmacodynamics of RGLS8429 in adult patients with ADPKD. The study is evaluating RGLS8429 treatment across three different weight-based dose levels and one fixed dose level.
STKH

Hot Stocks

08:07 EDT Steakholder Foods receives first purchase order under agreement with Wyler Farm - Steakholder Foods announced that it has received its first purchase order from Wyler Farm under the commercial cooperation agreement signed in May 2024. This order expands Steakholder Foods' premix revenue stream to include its proprietary SH - Beef premix blend, following the Company's earlier announcement this month of its first premix revenue stream for its SH - Fish premix blend. Arik Kaufman, CEO of Steakholder Foods, said: "We are thrilled to see production at Wyler Farm commencing on schedule, keeping planned product rollout on track no later than early 2025. This first order for our SH - Beef premix blend, following our recent SH - Fish premix blend orderdemonstrates our ability to generate recurring revenue across multiple products and partners. As these initial commercial deals mature in 2025, we expect to see meaningful revenue growth and increased interest from other potential market participants. We remain focused on expanding our commercial presence in the alternative protein sector and are well-positioned to forge additional collaborations."
INFN

Hot Stocks

08:06 EDT Converge selects Infinera's 1.2T ICE7 - Infinera announced that Converge ICT Solutions selected Infinera as its submarine line terminal equipment vendor for the fiber pairs over which Converge has been granted an Indefeasible Right of Use on the Bifrost Cable System, using Infinera's GX Series Compact Modular Platform and its next-generation high-performance 1.2T ICE7 optical engine. Additionally, Converge will use Infinera's solutions to modernize its nationwide terrestrial fiber network across the Philippines.
TRIN

Hot Stocks

08:06 EDT Trinity Capital originates a record $635M of investments in Q3 - Trinity Capital announced a portfolio update for the third quarter of 2024. Trinity originated a record $635M of investments in the third quarter of 2024, bringing total new commitments for the first three quarters of 2024 to $1.2B. Additionally, Trinity funded a record $459M of total investments in the third quarter.
NVEE

Hot Stocks

08:06 EDT NV5 Global announces acquisition of Kisebach Consulting, Senergy BCS - NV5 Global announced the acquisition of two domestic data center commissioning and energy management companies, Kisebach Consulting and Senergy BCS, to further accelerate NV5's strong organic growth in the data center market. "NV5's data center business continues to deliver double digit organic growth, and we see an opportunity to accelerate that organic growth, particularly in the domestic data center market," said Ben Heraud, Chief Executive Officer of NV5. "The key to expanding our highly profitable data center business is to provide clients with the leading technical expertise to meet the growing demand for artificial intelligence data center capacity, cooling, and energy efficiency. Senergy BCS and Kisebach Consulting provide decades of data center-specific experience and relationships with some of the nation's leading data center owners and operators, and we look forward to the contributions they will make to our data center business."
PTCT

Hot Stocks

08:05 EDT PTC Therapeutics provides update on vatiquinone Friedreich ataxia program - PTC Therapeutics provided today several positive updates on the vatiquinone Friedreich ataxia - FA - program. The pre-specified endpoint for two different FA long-term extension studies was met, with highly statistically significant evidence of durable treatment benefit on disease progression. In addition, PTC recently aligned with FDA on key aspects of the planned NDA submission for vatiquinone. Analysis of the MOVE-FA long-term extension study demonstrated that 144 weeks of vatiquinone treatment resulted in a 3.7-point benefit on the modified Friedreich Ataxia Rating Scale relative to a matched natural history cohort. This treatment difference on the primary endpoint represents a clinically meaningful 50% slowing in disease progression over 3 years. These results confirm that the slowing of disease progression recorded in the 72-week placebo-controlled MOVE-FA trial are maintained over 144 weeks of treatment. In addition, vatiquinone continued to be safe and well tolerated without any treatment-related serious adverse events reported. Following 24-months of treatment with vatiquinone, subjects had a 4.8-point benefit on the mFARS relative to a matched natural history population. PTC plans to submit the vatiquinone NDA in December.
CRMD

Hot Stocks

08:04 EDT CorMedix announces new commercial agreement with mid-sized dialysis operator - CorMedix announced that it has entered into a new commercial supply contract with a top-five mid-sized dialysis operator for the supply of DefenCath to dialysis clinics in the US. This new agreement will provide access to DefenCath for adult patients with kidney failure receiving hemodialysis through a central venous catheter at more than 200 outpatient dialysis clinics located across the United States. "This new agreement, in combination with our existing customer agreements, gives CorMedix the opportunity to make DefenCath available to patients receiving hemodialysis though a CVC at roughly 60% of the outpatient dialysis centers in the US," says CorMedix CEO, Joseph Todisco. "We are working closely with all of our new customer relationships on the operational steps needed to ensure DefenCath availability in their clinics in the coming months."
RIME

Hot Stocks

08:04 EDT Algorhythm terminates at-the-market equity program - Algorhythm Holdings has terminated its "at-the-market" equity program with Ascendiant Capital, LLC, as sales agent. The Company elected to terminate the ATM because it had achieved its objective of raising capital under the ATM. Through the utilization of the most recently amended ATM, the Company raised approximately $1.4 million in gross proceeds, selling approximately 2.16 million shares of common stock at an average share price of $0.65 per share.
SUUN

Hot Stocks

08:04 EDT SolarBank to develop 13.8 MW DC ground-mount solar power project - SolarBank is excited to announce its plans to develop a 13.8 MW DC ground-mount solar power project known as the Grandview project on a site located in Lancaster County, Pennsylvania. The Project is part of a three-project plan totalling 24.8 MW DC. The proposed community solar project - which would be one of the first of its kind in Pennsylvania - would provide residents, including renters and those without suitable rooftops, with the opportunity to benefit from solar energy without the need to install panels on their own properties. The company has secured a lease over the Project site and will continue to work to complete the next steps in permitting, interconnection and securing the necessary financing for construction of the Project. The development of the Project as a community solar project will be subject to the final approval of House Bill 1842 by the State government of Pennsylvania.
DDS

Hot Stocks

08:03 EDT Dillard's introduces Muse by Marchesa dress line - Dillard's introduced Muse by Marchesa, a new line of social dresses, separates and footwear for all dress-wear occasions designed exclusively for Dillard's by Georgina Chapman, Creative Director and co-founder of Marchesa. Currently available in 99 Dillard's locations and online at dillards.com, Muse by Marchesa incorporates the couture sensibility and signature opulence with which the Marchesa name has become synonymous. The collection exudes Marchesa's iconic artistry through high fashion designs and unique textural elements including embroidery, three-dimensional fabrication, and stone and jewel encrusting.
LPCN

Hot Stocks

08:02 EDT Lipocine signs supply and distribution agreement with Pharmalink for Tlando - Lipocine announced an exclusive supply and distribution agreement with Pharmalink to commercialize Tlando, its oral testosterone replacement therapy, in the Gulf Cooperation Council countries consisting of Saudi Arabia, Kuwait, the United Arab Emirates, Qatar, Bahrain, and Oman. Under the terms of the agreement, Lipocine received an upfront payment from Pharmalink and, upon Marketing Authorizations in individual GCC countries, Lipocine will provide Tlando drug product to Pharmalink at an agreed transfer price. Pharmalink will have the exclusive rights to Tlando throughout the GCC region and will be responsible for promotion, distribution and sale of the product in the territory.
APO

Hot Stocks

08:02 EDT SCI Capital Partners receives $1.6B investment from Apollo Funds - SCI Capital Partners announced that it has closed a structured continuation vehicle transaction in partnership with funds managed by Apollo to support the continued growth of SCI owned companies Morton Salt and Reddy Ice. SCI will continue to control both companies. Apollo Funds anchored the transaction with support from a high-quality syndicate of new institutional investors. SCI continues to control both companies while benefitting from the strategic support, sector and operational expertise of the Apollo platform. SCI legacy investors and company management teams remain significant investors.
J

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07:47 EDT Jacobs to operate and maintain advanced water reuse facility in California - Jacobs secured a 10-year contract with Soquel Creek Water District to operate and maintain a new advanced water purification facility. The facility, part of SqCWD's Pure Water Soquel program, focuses on groundwater replenishment and seawater intrusion prevention in Santa Cruz County, California. The new facility will treat municipal secondary effluent to replenish SqCWD's sole drinking water source, the Santa Cruz Mid-County Groundwater Basin. The advanced water purification facility will provide sustainable drinking water for the traditionally drought-stressed region. Optimizing the plant will also reduce ocean discharge by up to 25%. Jacobs has served as the operations and maintenance at-risk consultant for the advanced water purification facility since 2020. Under the new contract, Jacobs will use its Digital OneWater suite of solutions to improve the plant's performance and mitigate risk.
DPRO

Hot Stocks

07:45 EDT Draganfly announces board changes, new committee appointments - Draganfly announces updates to its Board of Directors and Advisory Board. Olen Aasen is stepping down from the Draganfly Board, and Kim Moody has been appointed as the new Audit Chair. Additionally, Draganfly is welcoming back Andy Card, former White House Chief of Staff, to the Advisory Board. Julie Myers Wood, Chief Executive Officer at Guidepost Solutions, has been appointed as the head of the Compensation Committee. Tim Dunnigan, CEO & President of MMS Products, Inc., and a retired U.S. Army Infantry Officer, will join the Audit Committee. Thomas B. Modly, former Acting Secretary of the Navy and Under Secretary of the Navy, will serve on the Audit and Nominating Committee.
IBG

Hot Stocks

07:44 EDT Innovation Beverage announces nationwide availability of Australian Bitters - Innovation Beverage Group announced that through its U.S. distributor, Buettner Global Services, IBG's Australian Bitters is now available nationwide in the United States through Sysco.
ESKYF

Hot Stocks

07:43 EDT Eskay Mining announces results from 2024 prospecting campaign - Eskay Mining announced results from it 2024 prospecting campaign. Areas of focus included newly identified outcropping high-grade gold veins located in the southern portions of the Company's 100% controlled Consolidated Eskay property. Mac Balkam, CEO & President of Eskay Mining, stated, "over the past 5 years Eskay has undertaken a property wide multi faceted exploration program identifying numerous VMS systems and building a wealth of geological data. Our 2024 prospecting program was commissioned to establish a short list for a significant 2025 discovery. The assay results from our prospecting surpassed expectations and in particular, the high grade outcrop gold/ silver assays along a 3km stretch of the C-10 -Vermillion-TM belt is a very promising drill area, among others, for 2025." In 2020, Eskay conducted BLEG stream sediment sampling across many parts of the Property with promising gold anomalies coming from multiple watersheds, especially in the south. Early interpretation of this data postulated that these anomalous basins might host precious metal-rich volcanogenic massive sulfide deposits, especially when outcrops of VMS mineralization were discovered the subsequent year. Drill testing of these targets failed to yield significant precious metal values leaving this anomalism unexplained. Prospecting and sampling in 2024 at C10-Vermillion as well as a new area near Ted Morris Glacier has resulted in the discovery of numerous high-grade quartz-carbonate-sulfide veins and stockwork veining in shear zones. These are now strongly viewed as the likely source of the prolific gold anomalies in BLEG samples in this area . Because of the strong similarities in vein styles identified at C10, Vermillion and the TM Zone, Eskay takes the view that these areas are part of the same mineralizing event and that it is likely that more prospecting could lead to the discovery of more such veins.
ZENA

Hot Stocks

07:43 EDT ZenaTech's ZenaDrone commences operations to launch commercial drone services - ZenaTech announced that its subsidiary, ZenaDrone, has commenced aerial operations to launch commercial drone services in the US. This was made possible due to recently achieving Federal Aviation Authority, FAA, exemption approval. ZenaDrone will be setting up Drone-as-a-Service operations, initially through its Phoenix, Arizona office, making its drone hardware and software solutions available to customers for use in land surveying, inspection, monitoring, tracking, and other applications using the ZenaDrone 1000 product. "After over a year and a half of application submission and approval timelines, and preparation to ensure we can operate in compliance with FAA requirements, we are excited to be able to commence operations for commercial services and revenue generation in the US," said CEO Dr. Shaun Passley, Ph.D. "We are hopeful this work will pave the way for similar regulatory approvals in additional countries where we've applied and seek to operate in the future."
STRM

Hot Stocks

07:41 EDT Streamline Health debuts eValuator quality module - Streamline Health Solutions announced that it has debuted a new quality module for eValuator and successfully implemented that module at an existing eValuator client. "We developed the quality module based on market research and were fortunate to build it in collaboration with existing eValuator clients to provide maximum value for health systems nationwide." stated Ben Stilwill, President and Chief Executive Officer, Streamline. "We expect the insights this quality module delivers will improve the quality of care our clients are able to provide while bolstering our ability to ensure health systems are accurately paid for the care they've provided."
FCN

Hot Stocks

07:40 EDT FTI Consulting's Technology segment launches IQ.AI for legal, compliance - FTI Consulting announced that the firm's Technology segment has launched IQ.AI by FTI Technology, artificial intelligence solutions that address a range of client issues across disputes and investigations, antitrust and data breach response. FTI Technology's digital insights and risk management experts, attorneys, data scientists and consultants designed and deliver IQ.AI as a proprietary combination of workflows and expertise for applying industry-leading AI technologies in legal and regulatory matters. With IQ.AI, FTI Technology helps clients balance innovation, technology performance and risk mitigation for specific AI use cases. Offerings include: IQ.AI for Investigations: Includes document summarization to quickly and defensibly generate overviews, extract key facts, develop case chronologies and enhance human review. IQ.AI for Data Breach: Enables the quick identification and extraction of personally identifiable information, personal health information and other sensitive data for breach response and data protection compliance during legal and regulatory document productions. IQ.AI for Antitrust: Features can include monitoring in support of compliance with antitrust and other regulations, including oversight for prohibited behaviors within enterprise communications platforms and chat applications and customized analytics to reduce risk across large complex datasets.
BIIB

Hot Stocks

07:39 EDT Biogen results from Part B, Part C Phase 2/3 DEVOTE study - Biogen announced detailed results from Part B and Part C of the Phase 2/3 DEVOTE study evaluating the safety and efficacy of an investigational higher dose regimen of nusinersen in spinal muscular atrophy, SMA, showing benefits in both individuals previously treated and treatment-naive to nusinersen with infantile-onset or later-onset SMA. The investigational, higher dose regimen of nusinersen comprises a more rapid loading regimen, two 50 mg doses 14 days apart, and higher maintenance regimen, 28 mg, every 4 months, compared to the approved nusinersen regimen. Data to be presented during the World Muscle Society, WMS, 2024 Congress highlight the potential of this investigational higher dose regimen to help address remaining unmet need in SMA. Biogen plans to file applications for the 50/28 mg higher dose nusinersen regimen with global regulatory agencies. Nusinersen is currently commercialized under the brand name SPINRAZA in over 71 countries at the label-approved dose of 12 mg.
TRML

Hot Stocks

07:38 EDT Tourmaline Bio forms Cardiovascular Scientific Advisory Board - Tourmaline Bio announced the formation of its Cardiovascular Scientific Advisory Board. The CV SAB is expected to provide strategic guidance and expertise as Tourmaline advances its pacibekitug cardiovascular diseases program, including the TRANQUILITY Phase 2 clinical trial that commenced earlier this year and for which Tourmaline continues to expect topline data in the first half of 2025. The CV SAB brings together academic and industry veterans with significant experience in cardiovascular medicine, clinical trial design and execution, and therapeutic innovation. Their insights and guidance are expected to be instrumental in shaping the strategic direction of Tourmaline's cardiovascular program as the company prepares for Phase 3 clinical trial readiness in 2025, supporting efforts to redefine standards of care for high-risk cardiovascular disease patients. Cardiovascular Scientific Advisory Board Members: Joshua Beckman, MD, MSc - UT Southwestern Medical Center; Marc Bonaca, MD, MPH - University of Colorado, CPC Clinical Research; Robin Choudhury, MA, DM, FRCP - University of Oxford; Douglas L. Mann, MD - Washington University School of Medicine; James Min, MD - Cleerly, Inc.; Pradeep Natarajan, MD, MMSc - Massachusetts General Hospital; Michael D. Shapiro, DO, MCR - Wake Forest University School of Medicine; Michael Szarek, PhD - University of Colorado, CPC Clinical Research.
NCNO

Hot Stocks

07:38 EDT nCino's Commercial Banking Solution selected by Taisho Bank - nCino announced that Tokushima Taisho Bank, a TOMONY Holdings, Inc. Group Company, has selected nCino's Commercial Banking Solution to transform business lending on a single platform, adding efficiency and increased value to all customer and employee interactions.
ELBM

Hot Stocks

07:37 EDT Electra Battery Materials to participate in OECD Conference - Electra Battery Materials announced CEO Trent Mell will be participating in the 2024 OECD Conference of Mining Regions and Cities taking place October 8 to 11, 2024, in Greater Sudbury, Canada. The OECD is a forum and knowledge hub for data, analysis and best practices in public policy. This conference brings together stakeholders from across the public and private sectors, academia, civil society organisations, and Indigenous representatives, this year focusing on partnering for sustained development in mining regions and future-proofing regional mineral supply for the energy transition. Mr. Mell will be speaking as part of a panel discussion, as well as meeting with industry and other stakeholders during the conference. The panel, titled Advancing circular practices to increase local added-value, will discuss unlocking new business opportunities, notably circular economy strategies such as recycling. Electra CEO, Trent Mell said, "I am looking forward to participating in these important discussions. The OECD Conference of Mining Regions and Cities is an opportunity for stakeholders from various levels of government, locally and globally, along with industry and community representatives to come together to collaborate on solutions for building a greener future. Electra is committed to helping build a sustainable, North American battery materials supply chain, reducing reliance on foreign sources."
CSCI

Hot Stocks

07:36 EDT Cosciens Biopharma director Carolyn Egbert resigns - COSCIENS Biopharma announced the resignation of Carolyn Egbert from the Board of Directors, effective immediately. "We are extremely grateful to Carolyn for her twelve years of dedicated service to the Company as a member of the Board of Directors, including serving eight years as Chair. Throughout her tenure as a board member of Aeterna Zentaris, now CONSCIENS, she provided valuable contributions and insight," said Chair of the Board, Ronald Miller. "With Carolyn's decision to resign from the Board and as the Company continues to evolve at various levels, we have made the strategic decision to streamline our board structure and move forward with six members, including five independent directors which we believe more closely aligns with the industry standard for a Company at our stage."
VVOS

Hot Stocks

07:36 EDT Vivos granted CPT coverage, reimbursement codes for all Vivos CARE devices - Vivos Therapeutics announced the American Medical Association, AMA, has issued new CPT medical codes applicable to all Vivos CARE oral medical devices, which will become effective January 1, 2025. Vivos Chairman and CEO, Kirk Huntsman, stated, "This is exciting news for OSA patients and medical providers who treat sleep breathing disorders. Our CARE oral medical devices are the only ones cleared by the U.S. Food and Drug Administration for the treatment of moderate to severe OSA, and these new medical codes will now facilitate coverage and reimbursement by commercial medical insurance payers. From Vivos' perspective, we believe this will enable a larger number of patients from most demographics to access our breakthrough, proprietary airway remodeling technology and more effectively treat their OSA. This development comes at an opportune moment for Vivos as our recent regulatory approvals, coupled with our new alliance-based marketing and distribution model and now these new codes put Vivos in an improved position to drive revenue growth."
INKT

Hot Stocks

07:35 EDT MiNK Therapeutics, Autonomous Therapeutics enter research collaboration - MiNK Therapeutics and Autonomous Therapeutics announced a research collaboration aimed at effectively targeting and treating metastatic tumors. This collaboration will leverage Autonomous' precision encrypted RNA technology and MiNK's innovative iNKT cell therapies, MiNK-215 and agenT-797. The companies will evaluate these technologies in metastatic solid tumor models. The goal is to develop novel therapies that effectively target metastatic cancer cells in patients while avoiding healthy cells-a challenge that existing cancer medicines have not been able to overcome. Based on the results, the companies plan to launch a Phase 1 clinical trial in patients with treatment-refractory metastatic solid tumors, including microsatellite stable colorectal cancers.
SDST

Hot Stocks

07:34 EDT Stardust Power, KMX Technologies enter 90-day exclusivity period - Stardust Power and KMX Technologies announced that it has entered into a 90-day exclusivity period during which Stardust Power and KMX will negotiate the terms and conditions related to Stardust Power's exclusive use of lithium brine concentration technology from KMX. The transaction is subject to the negotiation and execution of definitive documentation and the parties' mutual board approvals.
TRAW

Hot Stocks

07:33 EDT Traws Pharma announces topline Phase 1 data for tivoxavir marboxil - Traws Pharma announced topline Phase 1 safety and pharmacokinetic results for its investigational one-dose influenza therapy, tivoxavir marboxil. Tivoxavir was designed as a potential best-in-class inhibitor of the highly-conserved influenza protein, CAP-dependent endonuclease, intended for use across a broad range of flu viruses. The Phase 1 trial was a randomized, double-blind, placebo-controlled study to assess the safety, tolerability, pharmacokinetics and pharmacodynamics of ascending doses of one-time tivoxavir marboxil treatment in healthy, influenza-negative, adult volunteers. At the identified Phase 2 dose, no treatment related adverse events were reported during the Phase 1 study. Topline data from this study showed that a single dose of tivoxavir marboxil maintained plasma drug levels consistently above the EC90 for more than five days and within the predicted therapeutic window. Preclinical studies showed that tivoxavir marboxil demonstrated potent inhibition of drug-resistant influenza viruses, as well as potent inhibition of highly pathogenic bird flu viruses
SPHR

Hot Stocks

07:32 EDT Sphere Entertainment EVP, CFO and Treasurer David Byrnes leaving the company - Sphere Entertainment announced that David Byrnes, EVP, CFO and Treasurer, will be leaving the company. The company will commence a search for a new CFO and Treasurer. Byrnes will continue in his current role for an interim period to facilitate a smooth transition. Byrnes has served as EVP, CFO and Treasurer of the company since December 2023. Prior to that, he served as EVP and CFO of Madison Square Garden Entertainment from January 2022 to December 2023.
HYZN

Hot Stocks

07:32 EDT Hyzon Motors to start production of 200kW Fuel Cell System - Hyzon announced the Start of Production of its revolutionary single-stack 200kW Fuel Cell System. This enables Hyzon to manufacture standardized FCSs at volume for commercial sale, further accelerating the decarbonization of heavy-duty industries. According to Chief Operating Officer Dr. Bappa Banerjee, the declaration of the SOP validates Hyzon's ability to produce 700 fuel cell systems per year over a three-shift operation. Having successfully passed the ISO 9001 audit in September 2024, Hyzon expects to achieve formal ISO 9001 certification for its fuel cell manufacturing and design/R&D activities in Q4 2024, ensuring its development and production processes meet the highest international standards for quality management.
SIGA

Hot Stocks

07:32 EDT Siga Technologies enters agreement to supply TPOXX in Morocco - SIGA Technologies entered into an agreement to supply TPOXX in Morocco. The contract was executed in response to a request from the Ministry of Health in Morocco to make the therapy available in the country and help prepare and protect its citizens against any potential mpox outbreak. Tecovirimat is approved in the U.S., Canada, and the EU, and while it has also been available in Africa through clinical trials and as part of the World Health Organization's emergency use access protocol, this agreement marks SIGA's first commercial sale of TPOXX on the continent.
TRNR

Hot Stocks

07:17 EDT Interactive Strength exhibits FORME at APTA Private Practice Annual Conference - Interactive Strength announced that the Company will be exhibiting FORME at the APTA Private Practice Annual Conference on October 9-12 in National Harbor, MD.cFORME is entering the medical channel for the first time and the market is large and growing. APTA Private Practice is a component of the American Physical Therapy Association, and the Conference is the premier annual gathering for physical therapists nationwide who own, operate, or work in a private practice setting.
LASE

Hot Stocks

07:15 EDT Laser Photonics comments on stock volatility amid short report - Laser Photonics commented on recent business updates and trading activity. The company said, "The Company believes positive news surrounding LPC, particularly the excitement generated by the LSAD concept, contributed to significant stock volatility in September. LPC shares rose from $3.29 on September 3 to an intraday high of $19.80 on September 23. This price movement attracted the attention of short sellers. LPC recently became aware of a short report published after the writer had already taken a short position, attempting to manipulate the stock price for profit. The Company is actively exploring legal options and wishes to clarify the following: The report centers on allegations involving an individual affiliated with, but not employed by, or a director of, LPC. This individual is not involved in the Company's day-to-day operations. The individual referenced has never been convicted of any felony, including the claims made in the report. The report was released post short-positioning, suggesting an intent to manipulate the stock price downward for personal gain. LPC remains committed to providing shareholders with transparent and timely updates as the Company continues to grow across its core business segments."
LTHCF

Hot Stocks

07:15 EDT Lithium Ionic announces drill results from program at Bandeira Lithium Project - Lithium Ionic announce new drill results from the ongoing drilling program at its Bandeira Lithium Project, located in Brazil's most prolific lithium-producing district in Minas Gerais State. Among the results is the thickest lithium-bearing intercept drilled to date at the Project and the second highest grade X width intersection, underscoring the potential for continued mineral resource growth at this flagship asset.
CLNFF

Hot Stocks

07:14 EDT Calian secures new contracts for nuclear, environmental services division in Q4 - Calian Group secured a number of new contracts in the fourth quarter for its nuclear and environmental services division, marking significant growth in the last quarter of FY2024 ending on September 30. The new contracts-19 in total-represent a 58% increase over Q3 FY2024, primarily driven by the successful integration of MDA's nuclear assets and strong organic growth. The acquisition of MDA's nuclear division in March 2024 has allowed Calian to capitalize on increased synergies across its nuclear business, through the addition of engineering, tooling and robotics expertise, enhancing its capacity to deliver comprehensive, end-to-end solutions for Canada's growing nuclear sector. The new contracts span major new nuclear projects in Ontario, Saskatchewan and New Brunswick, supporting life-extension programs for Canada's existing nuclear facilities and support for next-generation technologies like small modular reactors (SMRs). This expansion has also led to a doubling of the division's workforce to meet the growing demand for FY2025.
VHIBF

Hot Stocks

07:13 EDT Vitalhub completes acquisition of MedCurrent for $12M - VitalHub announces the completion of the previously announced acquisition of MedCurrent Corporation. VitalHub's acquisition of MedCurrent aligns with VitalHub's strategic vision to integrate technology solutions that streamline healthcare delivery. MedCurrent's OrderWise platform will complement VitalHub's existing Patient Flow software suite, providing a comprehensive solution and strengthening VitalHub's market positioning. VitalHub acquired MedCurrent from its shareholders in an all-cash transaction for a purchase price of $12.0 million, or net up-front consideration of $8.3 million after working capital adjustments of $3.7 million. Total consideration also includes a future conditional earn-out of up to $21.9 million, subject to exchange rate adjustments, payable in cash and based on annual performance over 36 months
CNQ CVX

Hot Stocks

07:13 EDT Canadian Natural raises quarterly dividend by 8% to C$0.5625 per share - Canadian Natural (CNQ) "announces that, in conjunction with the acquisition of Chevron (CVX) Canada Limited's Alberta assets and as a result of Canadian Natural's significant free cash flow, including targeted additional free cash flow generation from the acquired assets and the Company's strong financial position, the Board of Directors have agreed to increase the quarterly cash dividend by 7% to $0.5625 per common share, up from the previous quarterly cash dividend of $0.525 per common share. The dividend will be payable on January 3, 2025 to shareholders of record at the close of business on December 13, 2024. This will make 2025 the 25th consecutive year of dividend increases by Canadian Natural, with a CAGR of 21% over that time."
AMWL

Hot Stocks

07:12 EDT Amwell expands clinical programs portfolio to include Hello Heart - Amwell announced Hello Heart, the digital leader in preventive heart health, is a partner in the Amwell clinical programs portfolio available on the Amwell Converge platform. Amwell health plan clients can now offer their employer accounts the Hello Heart cardiovascular solution to eligible members and employees with high blood pressure, high cholesterol, or other risk factors for cardiovascular disease. Members can easily access the Hello Heart solution from their current Amwell-powered offering. In addition, members will have access to virtual primary care, urgent care, behavioral health and other clinical program offerings.
OPTHF AMRN

Hot Stocks

07:12 EDT Optimi Health appoints Parisa Zamiri as CMO, Tom Reilly as CFO - Opthea (OPTHF) announced three senior hires as the Company continues to prepare for the sozinibercept Phase 3 topline data readouts of COAST anticipated in early Q2 calendar year 2025 and ShORe in mid calendar year 2025. Parisa Zamiri, MD, PhD has been appointed Chief Medical Officer, effective October 7, 2024, reporting to Frederic Guerard, PharmD, CEO, Opthea. She will oversee clinical development and operations, regulatory and medical affairs, as well as biometrics. She most recently served as the CMO at Complement Therapeutics. Tom Reilly has been appointed CFO, effective October 28, 2024, reporting to Frederic Guerard.Before joining Opthea, Mr. Reilly served as CFO and Head of Human Resources of Amarin Corporation (AMRN), supporting the commercial expansion of the company's lead asset in cardiovascular disease. Anand Sundaram has been appointed Vice President Marketing, effective October 14, 2024, reporting to Mike Campbell, Chief Commercial Officer, Opthea. He joins the Company from Astellas where he served in commercial strategy and market access leadership roles to drive the successful launch of Izervay in geographic atrophy.
CNQ

Hot Stocks

07:11 EDT Canadian Natural to acquire 20% interest in Athabasca Oil Sands Project - The company states: "Canadian Natural Resources announces that it entered into an agreement to acquire, subject to regulatory approvals, from Chevron Canada Limited its 20% interest in the Athabasca Oil Sands Project, which includes 20% of the Muskeg River and Jackpine mines, the Scotford Upgrader and the Quest Carbon Capture and Storage facility. This acquisition brings Canadian Natural's total current working interest in AOSP to 90%. The acquisition adds approximately 62,500 bbl/d of long life no decline Synthetic Crude Oil production, contributing to Canadian Natural's significant sustainable free cash flow generation. The agreement also includes the acquisition of additional various working interests in a number of other non-producing oil sands leases with aggregate acreage of approximately 267,000 gross / 100,000 net acres. In addition, Canadian Natural has also agreed to acquire, subject to regulatory approvals, Chevron's 70% operated working interest of light crude oil and liquids rich assets in the Duvernay play in Alberta. Production from these assets is targeted to average in 2025 approximately 60,000 BOE/d, consisting of 179 MMcf/d of natural gas and 30,000 bbl/d of liquids. These Duvernay assets provide the opportunity for meaningful near term growth while contributing additional free cash flow."
AEVA

Hot Stocks

07:11 EDT European OEM selects Aeva for automated vehicle validation program - Aeva announced that a major European passenger vehicle OEM, together with a simulation and validation technology leader, will use Aeva's 4D LiDAR technology in its automated vehicle development program. Aeva's Aeries II sensors will gather ground truth data, considered to be the "gold standard" in environmental modeling, to provide the OEM with accurate data to validate its next-generation vehicle automation systems. This new validation program points to the growing interest for adoption of Aeva's FMCW technology and is in addition to Aeva's other ongoing automotive opportunities including previously disclosed production RFQs with Global Top 10 Passenger OEMs.Aeva's unique FMCW technology is being incorporated into the OEM's vehicle automation projects in collaboration with a leading simulation and validation technology provider. For the validation program, vehicles equipped with Aeva 4D LiDAR(TM) sensors will gather precise data of the environment around the vehicle. The data will serve as the benchmark for validating its next-generation vehicle automation systems including sensing, perception, decision-making, and control systems.
RCAT

Hot Stocks

07:11 EDT Red Cat secures $1.6M in contracts for its FlightWave Edge 130 Blue - Red Cat announced it secured $1.6M in contracts for Edge 130 Blue drones, FlightWave's Blue UAS approved military-grade tricopter to the U.S. Customs & Border Protection, CBP. The contract was secured through Darley, a leading distributor of equipment and technology to first responders and the military, and was coordinated for procurement by the U.S. Defense Logistics Agency, DLA, on behalf of CBP. "We are excited to continue our relationship with the U.S. Customs & Border Protection, the largest federal law enforcement agency that already uses our Teal 2 drones for enhanced situational awareness with supplemental airborne reconnaissance, surveillance and tracking," said Jeff Thompson, Red Cat CEO. "Following our playbook from the acquisition and growth of our flagship Teal drones, we are well positioned to scale up production and get the Edge 130 Blue into the hands of our current customers like the CBP, as well as other security and defense forces around the world."
GILT

Hot Stocks

07:10 EDT Gilat Satellite awarded approximately $4M contract for connectivity in LatAm - Gilat Satellite Networks announced that it has secured approximately $4 Million contract to provide rural connectivity including banking transactions in Latin America, LatAm, for a period of 3 years. Gilat provides critical connectivity for people living in remote areas who rely on the bank for payment services, as well as support services for senior citizens, families, and other underserved populations. "We are very pleased to support essential banking services in the rural areas of Latin America," stated Ron Levin, Gilat's Chief Commercial Officer. "Over the years, we have built a robust satellite network, continuously enhancing it with the latest technological advancements. This ensures that we consistently meet the high-quality standards required for business continuity, even in remote areas and in the face of potential disasters."
GSK

Hot Stocks

07:09 EDT GSK presents data from AReSVi-006 trial - GSK announced new data from the AReSVi-006 phase III trial evaluating the efficacy and safety of a single dose of Arexvy against lower respiratory tract disease, or LRTD, caused by respiratory syncytial virus, or RSV, in adults aged 60 years and older, including those at increased risk, over three full RSV seasons. These data will be presented at the CHEST 2024 Annual Meeting, organized by the American College of Chest Physicians. Arexvy is the world's first RSV vaccine and was approved based on efficacy in adults aged 60 and older including those who are at increased risk due to certain underlying medical conditions. These results indicate that after a single dose of GSK's RSV vaccine, cumulative efficacy over three full RSV seasons was clinically meaningful at 62.9% against RSV-LRTD and 67.4% against severe RSV-LRTD compared to placebo. In the third season, the vaccine's efficacy was 48.0% against RSV-LRTD. Safety and reactogenicity data were consistent with previous results from the phase III program. In season one, the vaccine was generally well tolerated. The most frequently observed adverse events were pain at the injection site, fatigue, myalgia, headache, and arthralgia within four days of vaccination. These results include efficacy against different RSV subtypes, in adults with advancing age and those with certain underlying medical conditions. Since RSV can exacerbate medical conditions and potentially lead to hospitalizations, cumulative efficacy over three RSV seasons has the potential for significant health impact. It has the potential to offer health care professionals flexibility to administer the vaccine year-round. Over time, revaccination is expected to be required to maintain an optimal level of protection. GSK will continue to share efficacy and immune response data, including on revaccination, with recommending bodies to inform decisions on immunization schedules and future revaccination. In addition to the presentation at CHEST, the data will be submitted for scientific peer-reviewed publication and to regulators for review.
KKR

Hot Stocks

07:08 EDT KKR acquires operator of near-airport parking The Parking Spot, no terms - KKR has acquired The Parking Spot or TPS the nation's leading owner and operator of near-airport parking properties, from an affiliate of Green Courte Partners a private equity real estate investment firm. Financial terms of the transaction were not disclosed. "The Parking Spot has demonstrated a compelling track record of growth and delivery of a high-quality offering to travelers that aligns well with our investment philosophy," said Dash Lane, Partner at KKR. "With its strong and established platform, well-known industry brand, and superior customer service, TPS is recognized as an industry leader. Above all, we are strong believers in the TPS management team and their vision, along with the employees who have contributed meaningfully to the Company's success. We are eager to work with them to further build on their impressive performance and capitalize on the numerous growth opportunities that lie ahead."
BPTH

Hot Stocks

07:08 EDT Bio-Path initiates development of therapeutic program for obestiy treatment - Bio-Path announced the initiation of a therapeutic program to develop BP1001-A for the treatment of obesity and related metabolic diseases. This program marks the first application of DNAbilize technology for development of a non-cancer application, which highlights the broad therapeutic potential of this technology. The Company also reported completion of enrollment in the third dosing cohort of its ongoing Phase 1/1b clinical trial evaluating BP1002 for the treatment of refractory/relapsed acute myeloid leukemia patients, including venetoclax-resistant patients. The cohort enrolled more quickly than projected, which underscores the ongoing need for new treatment options for these relapsed/refractory patients
AVTX

Hot Stocks

07:08 EDT Avalo Therapeutics announces first patient dosed in Phase 2 LOTUS trial - Avalo Therapeutics announced that the first patient has been dosed in the Company's Phase 2 LOTUS trial of AVTX-009 in hidradenitis suppurativa. AVTX-009 is a humanized monoclonal antibody that binds to interleukin-1beta with high affinity and neutralizes its activity. The LOTUS Trial is a randomized, double-blind, placebo-controlled, parallel-group Phase 2 trial with two AVTX-009 dose regimens to evaluate the efficacy and safety of AVTX-009 in approximately 180 adults with moderate to severe hidradenitis suppurativa. Subjects will be randomized to receive either one of two doses of AVTX-009 or placebo during a 16-week treatment phase. The primary efficacy endpoint is the proportion of subjects achieving Hidradenitis Suppurativa Clinical Response at Week 16. Secondary objectives include but are not limited to: proportion of patients achieving HiSCR50 and HiSCR90 as well as change from baseline in: International HS Severity Score System, draining fistula count, abscess and inflammatory nodule count and patients achieving at least a 30% reduction on a numerical rating scale in Patient's Global Assessment of Skin Pain. The number of patients with anti-drug antibodies, safety, and tolerability will be assessed.
ME

Hot Stocks

07:07 EDT 23andMe announces Mathew Knowles as new brand ambassador - 23andMe announced an ongoing collaboration with Mathew Knowles, father of Beyonce and Solange Knowles, to serve as a new global brand ambassador for the Company. 23andMe and Knowles will work together to spread awareness of the importance of and advocate for increased accessibility to genetic testing. "Because of his own health journey, Mathew Knowles has been an ardent advocate for the importance of genetic testing and recognizing the incredible value in knowing your potential genetic risk of developing various types of cancer," said Anne Wojcicki, CEO and Co-Founder of 23andMe. "I'm proud to partner with Mathew on amplifying his story and working together to increase accessibility to genetic testing to empower consumers with this knowledge as it aligns perfectly with our mission at 23andMe."
TEVA

Hot Stocks

07:06 EDT Teva biosimilar candidate is accepted for review by U.S. FDA, E.U. EMA - Teva Pharmaceutical Industries announced that the United States Food and Drug Administration, FDA, has accepted, and the European Medicines Agency, EMA, has validated, applications for TVB-009P, a biosimilar candidate to Prolia. Both applications, a Biologics License Application, BLA, in the U.S., seeking interchangeability, and a Marketing Authorization Application, MAA, in the European Union, EU, include all indications approved for the reference product, Prolia, including conditions with a high risk for fracture, such as osteoporosis in postmenopausal women. The FDA's anticipated decision and EMA's expected opinion are anticipated in the second half of 2025.
EGLXF BP

Hot Stocks

07:06 EDT Enthusiast Gaming partners with ampm for second iteration of ampm Snack Squad - Enthusiast Gaming Holdings (EGLXF), announced that, in partnership with ampm, the convenience store brand owned and operated by BP p.l.c. (BP), the second iteration of the ampm Snack Squad, a livestreamed casual gaming competition which officially kicked off in August with QTCinderella and Foolish Gamers in September, will continue throughout the remainder of the year and feature four additional events. Through Enthusiast Gaming, ampm will connect with the gaming community by bringing together top content creators to showcase their love for gaming and ampm snacks throughout a series of engaging livestreams highlighting key ampm tentpole moments throughout the year. From August to December, each month will feature a new content creator and their community hosting a Snack Squad sponsored stream. This reimagined version of the ampm Snack Squad brings unique twists to last year's program and allows for even more fan prizes and community engagement. Viewers can catch all of the action while chatting with their favorite content creators as they enjoy ampm's epic goods snacks.
CBRL

Hot Stocks

07:05 EDT Biglari Capital sends letter to Cracker Barrel shareholders, urges change - Biglari Capital issued the following letter to shareholders of Cracker Barrel Old Country Store. The letter stated, in part, "Dear Shareholders of Cracker Barrel Old Country Store Inc.: Through affiliated entities, we have been shareholders of Cracker Barrel since 2011. We currently own 2,069,141 shares. Since 2019, the shareholders of Cracker Barrel have collectively lost over $2.9 billion in market value. As 9.3% owners of the stock, we have lost our proportional share. Neither the appointment of Julie Felss Masino as the company's CEO nor her new transformation plan has restored shareholder confidence. In fact, Cracker Barrel's share price fell 14.5% when the transformation plan was revealed on May 16, 2024, and is down 50.9% since Ms. Masino became CEO-elect on August 7, 2023. This letter is devoted not only to the current plans of the company but also to the historical decisions that led to Cracker Barrel's current crisis. A postmortem is instructive so as not to repeat past mistakes." Reference Link
RNLX

Hot Stocks

07:04 EDT Renalytix commences trading on OTCQB in U.S. - Renalytix announces that as previously disclosed regarding its intention to move listing of its American Depository Shares from Nasdaq to the OTC Markets Group Inc., that effective with the market open today its ADSs are now trading on the OTCQB. The Directors have considered the benefits of the Nasdaq listing against the cost of maintaining the listing and have decided to downlist the ADSs from Nasdaq, and apply to have the ADSs quoted on the OTCQB. Accordingly, the Company has filed Form 25 with the United States SEC on October 7, 2024, and as a result, the Company's last trading day of its ADSs on Nasdaq was October 7, 2024.
CLF

Hot Stocks

07:04 EDT Cleveland-Cliffs announces expiration of HSR Act waiting period for Stelco deal - Cleveland-Cliffs announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, in connection with its pending acquisition of Stelco Holdings. The expiration of the HSR Act waiting period clears an important regulatory hurdle and marks a significant step toward the closing of this acquisition, which is expected to occur in the fourth quarter of 2024 following the satisfaction or waiver of other customary closing conditions and approvals.
VSTE

Hot Stocks

07:03 EDT Vast, Mabanaft award SM1 engineering contracts to Fichtner, bse Methanol - Vast Renewables announced a significant milestone in the development of its green methanol plant, SM1. Vast and its consortium partner, global energy company Mabanaft, have awarded international engineering group Fichtner and German e-fuels leader bse Methanol contracts to commence pre-front-end engineering and design work. This follows the appointment of Dr. Amy Philbrook, Arup's Australasia Clean Fuels Technical Lead, as Project Manager. Part of the Port Augusta Green Energy Hub in South Australia, SM1 will have the capacity to produce 7,500 tonnes of green methanol each year. Methanol is one of the most versatile hydrogen derivatives and, if produced using clean energy, it has the potential to decarbonise shipping and aviation fuels. SM1 will be supplied with baseload clean and renewable heat from Vast's 30 MW / 240 MWh concentrated solar thermal power plant. Fichtner has extensive experience designing and engineering renewable energy projects globally, including energy storage and hydrogen, and has played a key role in the development of SM1. Fichtner's role in the project builds off their recent report that highlighted using CSP in green fuels production can potentially reduce costs by up to 40 percent. SM1 is a first-of-its-kind project that can demonstrate this potential and catalyse Australia's green fuels industry and a global pipeline of projects. Pre-FEED is a critical milestone in the project's development. A key part of Fichtner's work will involve integrating the proven technologies to produce green methanol: Leilac calcination plant from fellow Australian technology company, Calix, to capture unavoidable process carbon dioxide produced in the making of cement and lime Methanol plant, with German technology company bse Methanol acting as process provider and Original Equipment Manufacturer. bse Methanol has developed the FlexMethanol modules which enable the economic conversion of energy and carbon dioxide from flue gas into a chemical energy store by means of modular and decentralised production units. Electrolysis plant to produce hydrogen: Vast is planning to develop SM1 with consortium partner Mabanaft, a global energy company, after signing a joint development agreement in June 2024. The project has secured funding agreements for up to A$19.48M from the Australian Renewable Energy Agency and up to EUR12.4M from Projekttrager Julich on behalf of the German government.
GSK

Hot Stocks

07:02 EDT GSK presents new data from AReSVi-006 phase III trial of Arexvy - GSK announced new data from the AReSVi-006, Adult Respiratory Syncytial Virus, phase III trial evaluating the efficacy of a single dose of Arexvy against lower respiratory tract disease, LRTD, caused by respiratory syncytial virus, RSV in adults aged 60 years and older, including those at increased risk over three full RSV seasons. These data will be presented today at the CHEST 2024 Annual Meeting, organized by the American College of Chest Physicians. Today's results indicate that after a single dose of GSK's RSV vaccine, cumulative efficacy over three full RSV seasons was clinically meaningful at 62.9% against RSV-LRTD and 67.4% against severe RSV-LRTD compared to placebo. In the third season, the vaccine's efficacy was 48.0% against RSV-LRTD. These results include efficacy against different RSV subtypes, in adults with advancing age, and those with certain underlying medical conditions. Since RSV can exacerbate medical conditions and potentially lead to hospitalisations, cumulative efficacy over three RSV seasons has the potential for significant health impact. It has the potential to offer health care professionals flexibility to administer the vaccine year-round. Over time, revaccination is expected to be required to maintain an optimal level of protection.
ACM

Hot Stocks

06:56 EDT Aecom selected as lead designer for North Houston highway improvement project - Aecom has been selected by the Texas Department of Transportation to provide design services for Segment 3C-4 of the North Houston Highway Improvement Project, a planned multi-segment redesign of I-45N, between downtown Houston and the North Sam Houston Tollway. The project includes lane expansions intended to alleviate traffic congestion, enhance commuter safety and improve flood resiliency. Aecom's scope of work includes designing four express lanes, realigning I-45's six main lanes, and widening from one to four managed lanes from west of Houston Avenue to west of White Oak Bayou.
EXK

Hot Stocks

06:53 EDT Endeavour Silver reports Q3 2024 production results - Endeavour Silver reported Q3 2024 production of 874,717 silver ounces and 9,290 gold ounces, for silver equivalent production of 1.6 million ounces. Total year-to-date production of 6.0 million AgEq ounces is tracking towards the updated 2024 production guidance of 7.3 million to 7.6 million AgEq ounces. Production decreased in August and September due to a trunnion failure of the primary ball mill. At Guanacevi, production for Q3 2024 amounted to 768,905 silver ounces and 2,828 gold ounces. Estimated fabrication timing remains at 15 weeks with the mine being back to full operations in December 2024. With throughput remaining steady, gold production at Bolanitos continues to be slightly above plan due to higher gold grades. Silver production continues to be slightly below plan due to lower silver grades. Processed ore grades are expected to have similar variation for Q4. The company sold 1,017,392 silver ounces and 9,412 gold ounces during Q3. Drawdowns totaling $25M were made during Q3 2024 to develop the Terronera mine, and a further and final drawdown of $35M subsequent to quarter end.
AXP

Hot Stocks

06:49 EDT American Express falls 1% after BTIG cuts to Sell, HSBC to Neutral - The shares in premarket trading are down $2.49 to $271.30.
MRK

Hot Stocks

06:49 EDT Merck's Keytruda met primary endpoint in Phase 3 carcinoma study - Merck announced that the Phase 3 KEYNOTE-689 trial evaluating Keytruda - pembrolizumab -, Merck's anti-PD-1 therapy, as a perioperative treatment for patients newly diagnosed with stage III or IVA, resected, locally advanced head and neck squamous cell carcinoma - LA-HNSCC - met its primary endpoint of event-free survival. The study evaluated Keytruda as neoadjuvant therapy, then continued after surgery in combination with standard-of-care radiotherapy as adjuvant therapy, followed by Keytruda as maintenance therapy, vs. adjuvant radiotherapy alone. At a pre-specified first interim analysis conducted by an independent Data Monitoring Committee, there was a statistically significant and clinically meaningful improvement in EFS for patients receiving the Keytruda perioperative treatment regimen. The study also showed a statistically significant improvement in major pathological response, a key secondary endpoint, for patients in the Keytruda arm vs. adjuvant radiotherapy alone. The safety profile of Keytruda was consistent with that observed in previously reported studies; no new safety signals were identified. A trend toward improvement in overall survival, another key secondary endpoint, was observed for Keytruda as neoadjuvant treatment and Keytruda in combination with standard-of-care radiotherapy as treatment after surgery and maintenance therapy with Keytruda. The OS results did not reach statistical significance in patients whose tumors were PD-L1 Combined Positive Score greater than or equal to10 at the time of this first interim analysis. OS will be evaluated at the next interim analysis.
SAGE

Hot Stocks

06:41 EDT Sage Therapeutics falls 21% after Phase 2 dalzanemdor results miss endpoint - In pre-market trading, shares are down 21% to $5.30.
AL...

Hot Stocks

06:34 EDT Air Lease provides Q3 activity update - Air Lease (AL) announced an update on aircraft investments, sales, and significant financing activities occurring in the third quarter of 2024. As of September 30, 2024, ALC's fleet was comprised of 485 owned aircraft and 64 managed aircraft, with 287 new aircraft on order from Airbus (EADSY) and Boeing (BA) set to deliver through 2029. Aircraft Investments: Delivered 20 new aircraft from ALC's orderbook including three Airbus A220s, six Airbus A321neos, three Airbus A330-900neos, two Airbus A350-900s, two Boeing 737-8s, one Boeing 787-9, and three Boeing 787-10s. Aircraft investments in the quarter totaled approximately $1.9B. Sales: Sold nine aircraft to third-party buyers. Aircraft sales proceeds for the quarter totaled approximately $340M.
SAGE

Hot Stocks

06:32 EDT Sage Therapeutics' dalzanemdor did not meet primary endpoint in Phase 2 study - Sage Therapeutics announced today topline results from LIGHTWAVE, a 12-week, Phase 2 placebo-controlled study to evaluate the effects of dalzanemdor in participants with mild cognitive impairment - MCI - or mild dementia due to Alzheimer's Disease - AD -. The LIGHTWAVE Study did not demonstrate a statistically significant difference from baseline in participants treated with dalzanemdor versus placebo on the Wechsler Adult Intelligence Scale Fourth Edition Coding Test score at Day 84, the primary outcome measure of the study. Based on these data, the company does not plan further clinical development of dalzanemdor in AD. The company expects to report topline data from the Phase 2 DIMENSION Study of dalzanemdor in people with cognitive impairment associated with Huntington's Disease later this year. Dalzanemdor was generally well-tolerated and no new safety signals were observed. The majority of treatment emergent adverse events were mild to moderate in severity. Analyses did not demonstrate any meaningful differences in the dalzanemdor-treated group versus placebo in exploratory endpoints such as RBANS total score or MoCA total score.
CLOV

Hot Stocks

06:17 EDT Clover Health's Counterpart Health names David Tsay Chief Medical Officer - Counterpart Health appointed David Tsay as Chief Medical Officer. David Tsay has over two decades of experience in health technology, product development, and clinical innovation. Prior to Counterpart, Dr. Tsay served in clinical leadership roles in the technology industry, most recently as Chief Medical Officer at Cue Health where he led regulatory, clinical, and medical affairs. Before Cue Health, Dr. Tsay led the clinical team for digital health medical device products at Apple. Prior to Apple, Dr. Tsay served as Associate Chief Transformation Officer at New York-Presbyterian.
VOD...

Hot Stocks

06:14 EDT Vodafone, Google announce 10 year, billion-plus dollar deal - Vodafone (VOD) and Google (GOOGL) announced a ten year strategic expansion of their existing partnership to bring new services, devices, and TV experiences to millions of Vodafone's customers across Europe and Africa, supported by Google Cloud and Google's Gemini models. The agreement will bring storage, security, and AI assistance to Vodafone's customers in 15 countries, as well as its partners in an additional 45 markets worldwide, while Google will use Vodafone's fixed and mobile connectivity services to improve workforce productivity. "Our expanded partnership with Vodafone will help bring our most advanced AI products and services, including our Gemini models, to more people across Europe and Africa," said Sundar Pichai, CEO of Google and Alphabet. "I'm excited to see how Vodafone's consumers, small businesses and governments, will use generative AI and Google Cloud to transform the way they work and access information." Reference Link
CANF

Hot Stocks

06:09 EDT Can-Fite BioPharma treatment of pancreatic cancer granted FDA orphan status - Can-Fite BioPharma's namodenoson was granted FDA orphan designation as a treatment of pancreatic cancer, according to a post to the agency's website. Reference Link
CDNA

Hot Stocks

06:06 EDT CareDx announces closure of DOJ investigation with no finding of wrongdoing - CareDx announced that the Department of Justice has concluded its investigation into CareDx with no finding of wrongdoing and declined to take any further action. In a Court document unsealed on October 7, 2024, the DOJ indicated that it is declining to intervene in a qui tam action filed by a former CareDx employee. The decision by the DOJ follows the decision made by the U.S. SEC in September 2023 to close its investigation and take no action against the company. The company believes the closure of the DOJ's investigation underscores that the underlying allegations, which have now been reviewed by two separate government agencies, were meritless, reinforcing its confidence in the integrity of its operations. The qui tam complaint, which was filed under seal on February 12, 2021, in the federal district court for the Eastern District of New York, is now unsealed. CareDx will continue to vigorously defend itself should the former employee choose to proceed with this litigation.
HON

Hot Stocks

06:06 EDT Honeywell to spin off Advanced Materials business into publicly traded company - Honeywell announced a plan to spin off its Advanced Materials business into an independent, U.S. publicly traded company, which is targeted to be completed by the end of 2025 or early 2026. Honeywell expects to execute the planned spin in a tax-free manner to its shareowners. The planned spin-off of the Advanced Materials business follows four recent acquisitions Honeywell announced as part of its capital deployment strategy. Honeywell is currently on pace to exceed its commitment to deploy at least $25B toward capital expenditures, dividends, share purchases and accretive acquisitions through 2025, with approximately $9B deployed towards acquisitions to date in 2024. Following the completion of the planned spin of the Advanced Materials business. Upon completion of the spin-off, the Advanced Materials business will be a sustainability-focused specialty chemicals and materials pure play with positions across fluorine products, electronic materials, industrial grade fibers, and healthcare packaging solutions. Advanced Materials is expected to have FY24 estimated revenue of between $3.7B and $3.9B with an EBITDA margin greater than 25%. The planned spin-off transaction is targeted for completion by the end of 2025 or early 2026, subject to certain customary conditions, including, among others, the filing and effectiveness of applicable filings with the U.S. Securities and Exchange Commission, assurance that the spin-off of the Advanced Materials business will be tax-free to Honeywell's shareowners, receipt of applicable regulatory approvals and final approval by Honeywell's board of directors. Approval by Honeywell's shareowners is not required. The spin transaction will not impact Honeywell's FY24 guidance. As the process progresses, Honeywell intends to provide additional information regarding the future management team and board of directors for the independent Advanced Materials company.
ARES

Hot Stocks

06:04 EDT Ares Management to acquire GCP International - Ares Management has entered into a definitive agreement to acquire the international business of GLP Capital Partners and certain of its affiliates, excluding its operations in Greater China, and existing capital commitments to certain managed funds, in a transaction valued at $3.7B. The consideration includes approximately $1.8B in cash and approximately $1.9B in Ares Class A Common Shares. The transaction is structured to include long-term performance incentives designed to align GCP International leadership with the interests of fund clients and Ares stockholders. The acquisition nearly doubles Ares' assets under management to approximately $96B across North America, Europe, Asia and Latin America. The transaction is expected to be modestly accretive to Ares' after-tax realized income per share of Class A and non-voting common stock in the first full calendar year following the acquisition with meaningfully higher accretion expected in future years. GCP International is a global alternative asset management firm with $44B of AUM, as of June 30. GCP International has local presence in major geographies, including Japan, Europe and the U.S. It is also gaining a reputation as a player in global data center investing and operations with several large hyperscale development projects in process, representing over 1GW of IT capacity in key markets across London, Tokyo, Osaka and Sao Paulo, and has a substantial pipeline for future growth. The transaction will follow a separation of GCP International from GLP Capital Partners' remaining business, which will remain independent and headquartered in Singapore with a focus on investing in Greater China. Mei will serve as CEO of GLP and GCP's remaining business, along with its leadership team in China and a select number of other global executives. He will also continue to support GCP International's and Ares' growth and success as an Ares Partner and Senior Advisor. Steele and GCP International's leadership teams responsible for managing and operating the funds in Japan, Europe, the U.S., Brazil and Vietnam will join Ares as part of the transaction. The transaction is expected to close in the first half of 2025. Ares has secured fully committed bridge financing in relation to the transaction.
NVEI

Hot Stocks

05:28 EDT Nuvei, JCB International expand international partnership in APAC - JCB International announced that it has expanded its global partnership with Nuvei to include Singapore and Hong Kong. This expansion builds upon Nuvei's existing relationship with JCB in Europe. Nuvei now offers JCB acceptance to its global merchant ecosystem, enabling JCB's community of more than 158M cardmembers to pay directly to online businesses integrated with Nuvei.
CETY

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05:25 EDT Clean Energy Technologies enters MoU with TNC for microgrid solutions - Clean Energy Technologies has signed a memorandum of understanding, or MoU, with True North Computation, or TNC, a bitcoin mining company, to deliver advanced microgrid solutions for their datacenters and cryptocurrency mining operations. This collaboration will empower TNC to optimize its energy consumption and improve the environmental impact of its mining operations by integrating Clean Energy Technologies' advanced microgrid solutions. Clean Energy Technologies' technology will reduce TNC's energy costs through fully integrated power generation, energy storage, heat recovery, and energy management systems, delivering long-term savings in a 20MW microgrid application within the U.S. Clean Energy Technologies and its affiliates will provide engineering, procurement, and management services for this project.
SATS

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05:20 EDT EchoStar announces three-year supply agreement with Connected - EchoStar Mobile and Connected, a startup dedicated to delivering narrowband connectivity from space, have announced a strategic partnership to revolutionize off-grid connectivity. This collaboration introduces Connected One, an IoT solution that leverages EchoStar's satellite technology to bridge connectivity gaps in remote and underserved regions, even when venturing off the grid. Under the new three-year agreement, EchoStar Mobile will supply its advanced EM2050 modules to Connected. This integration enhances Connected's product portfolio by incorporating direct-to-device satellite communications, reducing the need for extensive ground infrastructure and increasing connectivity reliability in the most remote regions through EchoStar's geostationary satellite network.
ZLDPF

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05:17 EDT Zealand Pharma reports Breakthrough Therapy designation for survodutide - Zealand Pharma reported that Boehringer Ingelheim announced that the FDA has granted Breakthrough Therapy designation for survodutide, a dual glucagon/GLP-1 receptor agonist for the treatment of adults living with non-cirrhotic MASH and moderate or advanced fibrosis. The Breakthrough Therapy designation expedites the development and review of medicines for serious or life-threatening diseases that have shown preliminary clinical evidence indicating substantial improvement over available treatments. In addition, Boehringer announced the initiation of two Phase III clinical trials for survodutide for the treatment of adults living with metabolic dysfunction-associated steatohepatitis and fibrosis.
BIDU

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05:10 EDT Baidu CFO Rong Luo to switch roles, Junjie He named interim CEO - Baidu announced certain management rotation. Rong Luo will be serving as executive VP in charge of the Baidu Mobile Ecosystem Group, or MEG, and no longer serve as CFO, effective immediately. Concurrently, Junjie He has been appointed as the interim CFO of the company, transitioning from his current position as senior VP and head of the Baidu Mobile Ecosystem Group, or MEG.