Stockwinners Market Radar for October 23, 2024 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

20:12 EDT Tesla says CEO says expect to roll out ridehailing in TX, probably in CA in 2025 - Says already have ride-hailing options for employees in Bay Area Says building blocks for ride-hailing functionality has been in development for years. Comments taken from Q3 earnings conference call.

19:50 EDT Cheetah Net Supply Chain Service Inc trading halted, news pending

19:00 EDT MediciNova announces update of Phase 2/3 MN-166 trial at NEALS meeting - MediciNova announced the lead Principal Investigator of this clinical trial, Bjorn Oskarsson, MD, FAAN presented the update of an ongoing Phase 2/3 clinical trial of MN-166 in Amyotrophic Lateral Sclerosis patients at the 2024 Annual NEALS Meeting being held virtually on Oct 21-24, 2024. The presentation entitled "COMBAT-ALS Phase 2b/3 Trial of MN-166 (Ibudilast) in ALS: Study Design and Trial Update" was given by Dr. Oskarsson during the poster session. Dr. Oskarsson discussed the background of MN-166 (ibudilast), scientific rationale, study objectives, study design, major inclusion criteria and enrollment update as of October 18, 2024. Additionally, he discussed the new NIH funding Expand Access Protocol clinical trial in ALS patients.

17:50 EDT AST SpaceMobile secures initial contract with Space Development Agency - AST SpaceMobile announced its selection by the Space Development Agency for an Other Transaction agreement to compete for upcoming prototype demonstration projects under the Hybrid Acquisition for proliferated Low-earth Orbit program. The HALO program is a strategic initiative designed to accelerate the development and deployment of advanced space technologies. With this program, the SDA aims to foster competition, drive innovation, and rapidly deliver cutting-edge capabilities to the Department of Defense. "This initial contract validates our commitment to developing innovative solutions for national security space needs," said Chris Ivory, AST SpaceMobile Chief Commercial Officer and Head of its Government Business Unit. "Our space-based cellular broadband technology has the potential to enhance SDA's stated mission at the transport, tracking, and ground layers in a secure and reliable way."

17:48 EDT Tesla sees 20%-30% vehicle sales growth for 2025 - Says with lower cost vehicles and the advent of autonomy, something like 20%-30% growth is "best guess." Comments taken from Q3 earnings conference call.

17:37 EDT Tesla CEO Musk sees 2025 vehicle output growth of 20%-30% - Comments taken from Q3 earnings conference call.

17:30 EDT United Rentals down 3% at $809.20 after Q3 earnings miss

17:27 EDT IBM sees FY24 run rate savings of $3.5B, up from prior view of $3B - Sees FY24 tax rate in mid-teens.

17:25 EDT IBM says 'well-positioned' to capture growth from generative AI - Says making "solid progress" transitioning portfolio to higher growth, higher margin businesses.

17:22 EDT Tesla says cost of goods sold per vehicle 'at lowest level ever' at $35.1K - Says Cybertruck has become third best-selling EV in Q3 behind Model Y and Model 3. Says Q3 Supercharger Stations grew 20% to 6.7K, Supercharger Connectors up 22% at 62.4K.

17:17 EDT Northrop Grumman awarded $1.8B Air Force contract - Northrop Grumman has been awarded a $1.8B contract modification to a previously awarded contract for Next Generation Overhead Persistent Infrared Polar Space Vehicles 1 and 2 for Phase 2 scope to complete the effort through satellite build, launch, and transition to operations. The modification brings the total cumulative face value of the contract to $4.16B. Work will be performed at Redondo Beach, California, and is expected to be completed by April 11, 2031. FY24 research and development funds of $102.09M are being obligated at the time of award. Space Systems Command is the contracting activity.

17:04 EDT Brown & Brown raises quarterly dividend 15% to 15c per share - The dividend is payable on November 13, 2024, to shareholders of record on November 6, 2024.

17:03 EDT Shenandoah boosts dividend 11.1% over December 2023 dividend - The Board of Directors of Shenandoah Telecommunications Company or Shentel declared a cash dividend of 10c per share.The dividend will be payable December 2, to shareholders of record as of the close of business on November 5. This dividend is an increase of 1c per share or 11.1% over the December 2023 dividend and will be Shentel's sixty-fifth consecutive year of annual dividends."We are pleased to announce an increase in the annual dividend, demonstrating our confidence in the long-term growth prospects of our Glo Fiber expansion plans." said President and CEO Christopher E. French.

16:58 EDT Seadrill up 9% at $38.50 on Bloomberg report of potential merger with Transocean - Transocean (RIG) is also up 2% at $4.20 per share.

16:45 EDT Tesla up 9% afterhours at $232.52 after Q3 earnings beat

16:39 EDT S&W Seed receives non-compliance notice from Nasdaq - S&W Seed received a notice from Nasdaq advising the company that its failure to timely file its Annual Report on Form 10-K for the fiscal year ended June 30, 2024 with the SEC is in contravention of Nasdaq Listing Rule 5250(c)and could serve as an additional deficiency and basis for the delisting of the company's securities from Nasdaq. The Company has 60 days from the date of the notice to submit a plan to regain compliance with the Filing Requirement for consideration by Nasdaq. The company intends to timely submit a plan, including, but not limited to, a timeline in which the Form 10-K will be filed. The Nasdaq Notice has no immediate effect on the listing of the company's common stock on the Nasdaq Capital Market. The company implemented a reverse stock split of its common stock at a ratio of 1-for-19 shares effective for marketplace purposes with the open of business on Friday, October 18. The company is subject to a separate review by Nasdaq to determine if the company is able to regain compliance with Nasdaq's $1.00 bid price requirement by November 11.

16:35 EDT Colony Bankcorp reports Q3 net interest margin 2.64% vs. 2.78% last year - CEO Heath Fountain says: "We are pleased with the improvement in operating results during the third quarter of 2024 and to see the continued progression in the performance of our complementary business lines alongside ongoing efficiency and expense discipline. We are also excited about our new digital banking platform rollout that occurred during the quarter. This enhanced platform will provide our customers with a state-of-the-art online banking experience which we believe will enable us to deliver solutions for all our customer's needs in today's digital environment. We had anticipated margin expansion in the second half of the year, but it did not materialize in the third quarter of 2024. However, we are pleased to report increased net interest income this quarter, and we believe that the margin has now reached its lowest point. We are optimistic about seeing improvement going forward as changes in the rate environment and easing from the Federal Reserve have allowed us to relieve pressure on our funding costs. Loan growth picked up slightly in the third quarter and overall asset quality remains strong. Our pipelines for both loans and deposits remain strong and our team has done a fantastic job of continuing to grow and build customer relationships."

16:32 EDT S&T Bancorp raises quarterly dividend to 34c per share - The Board of Directors of S&T Bancorp approved a 34c per share cash dividend on October 23. This is an increase of 1c, or 3.03%, compared to a cash dividend of 33c per share declared in the same period in the prior year. The annualized yield using the October 22 closing price of $38.75 is 3.51%. The dividend is payable November 21 to shareholders of record on November 7.

16:30 EDT Seritage Growth Properties makes $25M loan prepayment - Seritage Growth Properties (SRG) announced that on October 23, 2024, the Company has made a voluntary prepayment of $25 million toward its $1.6 billion term loan facility provided by Berkshire Hathaway Life Insurance Company of Nebraska (BRK.A). With the prepayments, the Company has now repaid a total of $1.345 billion since December 2021 and $255 million of the term loan facility remains outstanding. The current prepayments will reduce Seritage's total annual interest expense related to the term loan facility by approximately $1.75 million. The cumulative repayments since December 2021 have reduced Seritage's total annual interest expense related to the term loan facility by approximately $94.1 million.

16:29 EDT IBM CEO says Q3 performance led by double-digit growth in Software - "Our third-quarter performance was led by double-digit growth in Software, including a re-acceleration in Red Hat. We continue to see great momentum in AI as our models are trusted, fit-for-purpose, and lower cost, with performance leadership. Our generative AI book of business now stands at more than $3 billion, up more than $1 billion quarter to quarter," said Arvind Krishna, IBM chairman, president and chief executive officer. "Heading into the final quarter of 2024, we expect fourth-quarter constant currency revenue growth to be consistent with the third quarter, with continued strength in Software. We are confident in our ability to deliver more than $12 billion in free cash flow for the year, driven by continued expansion of our operating margins."

16:28 EDT ServiceNow, Snowflake partner on Zero Copy integration - ServiceNow (NOW) and Snowflake (SNOW) announced a Zero Copy partnership that connects enterprise-wide data to help solve mission-critical problems at scale. The Zero Copy integration will leverage Snowflake's powerful enterprise AI platform to allow customers to trigger ServiceNow workflows directly from Snowflake. It will also support integrated, bi-directional Zero Copy data sharing between Snowflake and ServiceNow. By linking data-rich insights with operational actions, customers can increase decision speed and enterprise agility without the need to move data. Snowflake is already powering AI and data experiences for several hundred businesses across financial services, media, public sector, retail and telecom with the Snowflake Connector and will continue to expand on this customer value with the ServiceNow Spoke integration that is coming soon. This Zero Copy partnership will also extend this platform integration, which will further customers' ability to connect, understand, and leverage enterprise data assets for deeper business value.

16:25 EDT Pearson, ServiceNow collaborate over AI solutions for workforce deployment - Pearson (PSO) and ServiceNow (NOW) announced a global collaboration to supercharge workforce development and employee experiences in the age of AI. In the first phase of the multi-year deal, ServiceNow will collaborate with Pearson on research and insights that analyze how emerging technology will impact the global workforce and will use Credly by Pearson to issue accreditation and track skills development. Pearson will use ServiceNow's AI-powered Now Platform to boost employee productivity, efficiency, and talent retention.

16:22 EDT Penske Automotive to acquire Porsche Centre Melbourne - Penske Automotive Group has signed an agreement to acquire Porsche Centre Melbourne, located in Melbourne, Australia, from Porsche Retail Group Australia Pty Ltd. Upon completion of the acquisition, Porsche Centre Melbourne will expand the Company's partnership with Porsche in Melbourne to deliver an exceptional level of customer experience. The acquisition is expected to add $130M in estimated annualized revenue, bringing the estimated annualized revenue for the three Porsche Dealerships in Melbourne to $260M. The acquisition is subject to customary conditions and is expected to close by the end of this year.

16:21 EDT American Coastal: Q4 net current accident quarter catastrophe losses ~$16.2M - American Coastal Insurance Corporation announced estimated hurricane losses for the 2024 third and fourth quarters. The Company estimates net current accident quarter catastrophe losses incurred stemming from Hurricanes Debby and Helene in the third quarter of 2024 to be approximately $3.8M , net of tax impacts. $2.4M of this impact from Helene is retained by AmCoastal, with $1.4M being retained by the Company's captive reinsurance entity. The Company does not expect losses from Debby or Helene to reach the excess of loss layers of AmCoastal's reinsurance program and expects to deliver positive net income for the third quarter of The Company estimates net current accident quarter catastrophe losses incurred stemming from Hurricane Milton in the fourth quarter of 2024 to be approximately $16.2M , net of tax impacts. $7.9M of this impact from Milton is retained by AmCoastal, with $8.3M being retained by the Company's captive reinsurance entity. The Company also expects to incur approximately $13M of reinstatement premiums that will be amortized as ceded premiums earned over the remaining eight month coverage period, from October 2024 through May 2025. "Hurricanes Helene and Milton were severe storms with devastating impact, and our primary focus is on servicing our policyholders. ACIC's underwriting discipline and robust reinsurance program serve to protect AmCoastal's balance sheet and reduce volatility from the active Atlantic hurricane season. We estimate a gross loss between $150 and $200M from Milton, leaving 100% of AmCoastal's $1.26B occurrence based reinsurance tower available for subsequent catastrophe events. With AmCoastal's reinsurance tower fully intact and a lower $10.3 million retention on potential second and third events, net of tax impacts, the Company remains strongly positioned for the remainder of the 2024 Atlantic hurricane season, and is expected to remain profitable in the fourth quarter, despite Milton's impact," said Brad Martz, President of American Coastal.

16:19 EDT Amerisafe declares special dividend of $3.00 per share - AMERISAFE announced that its Board of Directors had declared a special cash dividend of $3.00 per share. The special cash dividend will be payable on December 13, 2024, to shareholders of record as of December 6, 2024. The Board of Directors also declared a regular quarterly dividend of $0.37 per share, payable on December 13, 2024, to shareholders of record as of December 6, 2024.

16:15 EDT Dream Finders Homes to acquire Alliant National Title Insurance Company - Dream Finders Homes announced that it has entered into a definitive agreement to acquire Alliant National Title Insurance Company, Inc. and a related affiliate. Alliant National, based in Longmont, Colorado, is a title insurance underwriter with more than 700 independent agents in 32 states and the District of Columbia. Alliant National is the largest independent title underwriter in the country with no direct or affiliated operations. Patrick Zalupski, Dream Finders' Chairman and CEO, said, "This is a strategic acquisition for DFH and allows us to further vertically integrate alongside our existing title insurance agency business while facilitating growth in the title insurance marketplace. We are excited to partner with a successful and motivated Alliant National team and believe our homebuilding operations can add meaningfully to the bottom line of Alliant National, which will in turn benefit the bottom line of DFH." The closing of this transaction is subject to closing conditions, including insurance regulatory approvals.

16:14 EDT Waste Connections raises quarterly dividend 10.5% to 31.5c per share - Waste Connections announced that its Board of Directors has declared a regular quarterly cash dividend on the company's common shares and approved a 10.5% increase in the dividend. The regular quarterly cash dividend, which increases to 31.5c per common share of the company from 28.5c per common share of the company, will be paid on November 21 to shareholders of record on the close of business on November 7. The Board intends to review the quarterly dividend each October, with a long-term objective of increasing the amount of the dividend.

16:13 EDT LendingClub sees Q4 pre-provision net revenue $60M-$70M - Sees Q4 loan originations $1.8B-$1.9B.

16:12 EDT Canadian Pacific Kansas City sees FY24 adjusted EPS up double digits vs. FY23 - Sees FY24 RTMs up mid single digits vs. FY23 on a combined basis.

16:07 EDT Tesla says has sufficient liquidity to fund product roadmap - Tesla said: "Our company is currently between two major growth waves: the first one began with the global expansion of the Model 3/Y platform and we believe the next one will be initiated by advances in autonomy and introduction of new products, including those built on our next generation vehicle platform. Despite ongoing macroeconomic conditions, we expect to achieve slight growth in vehicle deliveries in 2024. Energy storage deployments are expected to more than double year-over-year in 2024. We have sufficient liquidity to fund our product roadmap, long-term capacity expansion plans and other expenses. Furthermore, we will manage the business such that we maintain a strong balance sheet during this uncertain period." Tesla said plans for new vehicles, including more affordable models, remain on track for start of production in the first half of 2025.

16:05 EDT Tesla sees slight growth in vehicle deliveries in 2024

16:02 EDT Align Technology announces iTero intraoral scanner product innovations - Align Technology announced iTero intraoral scanner product innovations that provide an overall solution for general practitioner, GP, dentists. "The iTero intraoral scanner innovations introduced today will enable doctors to present a variety of options to their patients, supporting chairside education and communication, that helps deliver a great patient experience and supports patients making informed choices about their dental treatment in consultation with their doctor," said Karim Boussebaa, Align Technology executive vice president and managing director for the iTero scanner and services business.

16:00 EDT Align Technology introduces Invisalign Smile Architect - Align Technology announced the release of the next innovation of Invisalign Smile Architect software, now with Multiple Treatment Plans allowing doctors to visually compare and modify orthodontic only and ortho restorative treatment plans side-by-side. The Multiple Treatment Plans are integrated into ClinCheck treatment planning software for doctors to visually compare, review, and choose the best treatment option for each patient. "Invisalign Smile Architect with Multiple Treatment Plans was developed to help doctors facilitate patient education with treatment planning options for patient care to support more informed treatment decisions for their patients and ultimately enhance practice growth," said Sreelakshmi Kolli, Align Technology chief product and digital officer. "The advanced visual comparison tools within Invisalign Smile Architect software with Multiple Treatment Plans can help general dentists communicate treatment options that may combine orthodontic and restorative procedures to support doctors, patients, and their treatment goals."

15:30 EDT DHL, Diageo team with deployment of Nikola hydrogen fuel cell trucks - DHL Supply Chain and Diageo North America (DEO) have announced plans to incorporate two fuel cell electric trucks, powered with hydrogen, to their U.S. fleet. The Class 8 trucks, manufactured by Nikola Corporation (NKLA), will be deployed and fueled with a HYLA modular refueler at the Diageo campus in Plainfield, Ill., marking a milestone for the state. DHL Supply Chain, Diageo North America's trusted contract logistics partner for over 20 years, has been actively working to develop innovative solutions that help to decarbonize its customers' logistics operations. The hydrogen fuel cell electric trucks are part of a broader sustainable supply chain strategy that has included use of battery electric vehicles, optimizing vehicle usage and routes, shifting to a multimodal approach, and increased use of US EPA SmartWay partner carriers. These efforts have resulted in year-over-year reductions in carbon dioxide emissions for both Diageo and DHL. "We are thrilled to integrate Nikola's hydrogen fuel cell electric trucks into our U.S. fleet," said Jim Monkmeyer, President of Transportation, DHL Supply Chain. "As a global logistics company with the goal of decarbonizing its business, we've integrated sustainability as a fourth strategic bottom line named "Green Logistics of Choice" in our newly announced Strategy 2030. The deployment of these fuel cell electric vehicles is one of many initiatives that demonstrates how we are putting action behind our words." Nikola's hydrogen fuel cell electric trucks offer a sustainable, and efficient alternative to traditional diesel-powered vehicles. Reference Link

15:13 EDT Element Solutions up 11% after Bloomberg says company exploring sale

14:58 EDT ICE reports over 190M contracts of interest rate derivatives traded in Q3 - Earlier on Wednesday, Intercontinental Exchange or ICE, announced record activity across its interest rate derivatives markets with over 190M contracts traded in Q3, surpassing the previous record set in Q1 2020. ICE's interest rate markets also hit record average daily volume or ADV, during the quarter with 2.9M contracts traded, up 39% year-to-date YTD . In the past quarter, a record 118M Euribor futures and options traded, exceeding the last high set in 2013. Euribor is the benchmark for managing short term euro-related interest rate risk. ICE Euribor futures and options ADV is up 28% this year. During September 2024, ADV across the interest rates complex exceeded 3.4M contracts, surpassing the previous monthly record set in May 2010. Meanwhile, SONIA futures, the benchmark for managing U.K. interest rate risk, traded a record 14 million contracts during the month, with ADV up 59% YTD and open interest up 65% year-over-year y/y. "The record trading activity reflects customers utilizing ICE as the only exchange globally to offer a diverse and deeply liquid derivatives complex across European rates," said Caterina Caramaschi, Vice President, Financial Derivatives at ICE. "As participants manage changing interest rate policy and exposure between central bank meeting dates, we are seeing heightened trading activity which is fueling liquidity."

14:38 EDT Amazon??????s enhanced homepage features make shopping easier, personalized - Amanda Doerr, Vice President of Core Shopping at Amazon blogged in part, earlier: "Improvements include personalized recommendations, improved browsing, and streamlined reordering in time for the holiday shopping season. We love innovating to offer customers the best combination of selection, value, and convenience, and strive to set the industry standard for a world-class shopping experience. Our shopping experience is rooted in making customers' lives better and easier every day, leading us to invent features such as quick and easy shopping with Buy Now, customer reviews and more recently review highlights, and Rufus, our AI shopping assistant. We regularly make improvements to our store to help customers find the right products quickly-from personalizing product titles in search, to introducing visual search tools, to making it easier to learn about different types of products with AI Shopping Guides. When rolling out new features, we take an intentionally iterative approach, often testing multiple versions to ensure an easy and intuitive customer experience.We're adding to that list by testing new homepage features and design elements on the Amazon Shopping app for iOS and Android for millions of customers in the U.S. These features bring customers a more personalized and easy-to-navigate place to start their shopping and showcase products and services from across Amazon that reflect their interests and shopping habits. We're testing these new experiences with select customers and look forward to sharing with more U.S. customers in the coming months." Reference Link

14:26 EDT Amphenol seeing 'incremental tick-down' in Europe - On the company's Q3 earnings call, executives at Amphenol stated in part, according to a transcript of the event: "I will say that our view of the trends in Europe are probably a little more muted than maybe they were a quarter ago. I mean, we're pleased with what we've seen in North America and Asia. We we grew in industrial organically in both regions, both on a year-over-year basis and sequentially, but we probably have seen an incremental tick-down in Europe and what to look for there. I mean, I think we'll have to watch the automotive industry in the industry will the automotive market. Industrial market in Europe are fairly tight. As you know, well, you have a lot of factory automation and machine tool industry is in the life cycles that such a big fan economy. And so I think we'll have to watch that and see how it proceeds."

14:12 EDT Good Times Restaurants buys Good Times stores in Broomfield, Northglenn - Good Times Restaurants Inc. announced that it has acquired the Good Times Burgers & Frozen Custard locations in Broomfield and Northglenn, Colorado, from a franchisee. The two restaurants were closed for two days for the installation of new digital menu boards at the walk-up window, installation of the brand's next-generation point-of-sale system and retraining of all the team members. These restaurants have reopened to serve guests with renewed excitement. Ryan Zink, President and CEO, said, "We are thrilled to add two more Good Times Burgers & Frozen Custard restaurants to our company owned and operated portfolio. We are also proud to have completed the menu board and point of sale initiatives throughout the state of Colorado. We expect the two acquired locations will be remodeled during the next eighteen to twenty-four months as part of our ongoing system refresh. We appreciate the wonderful customers in these great communities and look forward to earning their continued loyalty."

12:21 EDT Zoom launches Zoom AI Companion 2.0 - Zoom launched Zoom AI Companion 2.0 on Wednesday, just weeks after announcing the next generation of Zoom AI Companion at Zoomtopia. AI Companion 2.0 is enhanced with additional capabilities to help expand context, synthesize information, and take action to give users time back in their day, so they can focus on meaningful work and building connections with team members, the company said. "We're thrilled with AI Companion's ability to help boost productivity throughout the workday. With our new capabilities, AI Companion has the power to help people make the most of their meetings, kickstart documents, get important information at a glance, and transform their workday," said Jeff Smith, head of product, Workplace AI, Meetings, and Spaces at Zoom. "And, the substantial added value that we're delivering today is just the beginning. Zoom is hyper-focused on customer experience, and in the coming weeks, we'll support broader queries across Zoom Workplace, improve response times, and enable AI Companion to take more actions for the user." Reference Link

12:04 EDT NextEra Energy Partners falls -15.3% - NextEra Energy Partners is down -15.3%, or -$3.84 to $21.25.

12:02 EDT DigitalOcean announces strategic partnership with Hugging Face - DigitalOcean Holdings announced a strategic partnership with Hugging Face, an open-source and open science platform that helps users build, deploy and train machine learning models. The cornerstone of this new partnership will be the newly available 1-Click Models powered by Hugging Face HUGS, allowing users to quickly deploy third party models with DigitalOcean GPU Droplets, and performance powered by NVIDIA H100, accelerated computing.

12:02 EDT Apple falls 2% after analyst Ming-Chi Kuo highlights cut iPhone orders - The shares are down 2% in midday trading to $231.37.

12:01 EDT JBT Corp. rises 12.1% - JBT Corp. is up 12.1%, or $11.57 to $106.83.

11:41 EDT U.S. video game spending fell 6% year-over-year in September, says Circana - Circana analyst Mat Piscatella said that projected U.S. total spending on video game hardware, content and accessories fell 6% during September 2024 when compared to a year ago. The decline was driven by a 44% drop in hardware spending and a 3% dip in content. 2024 year-to-date spending was flat when compared to the same period in 2023. Mobile content spending for the YTD period ending September was $1.7B higher than a year ago, while console content spending has fallen by $0.8B. Electronic Arts' (EA) "EA Sports FC 25" was September's best-selling video game in tracked spending, with double-digit percentage growth compared to "EA Sports FC 24" during its Sep 2023 launch month. "EA Sports FC 25" reached the highest U.S. launch month dollar sales of any soccer game released to date. Sony's (SONY) "Astro Bot" ranked as the #2 best-selling game of the month, debuting as the 25th best-seller of 2024 year-to-date. September video game hardware spending fell 44% when compared to a year ago, to $251M. This is the lowest monthly hardware spend total for a September month since 2019. PlayStation 5 again led the month's hardware market in unit and dollar sales, with Xbox Series (MSFT) ranking 2nd in dollars and Nintendo Switch (NTDOY) #2 in units sold. Xbox Series X consoles comprised 58% of total Xbox Series units sold in September, and account for the majority of Xbox Series units sold life-to-date. 40% of total PlayStation 5 hardware unit sales in September came from Digital PS5 consoles. Digital consoles now comprise 18% of total life-to-date unit sales of PS5 hardware. Other top-selling games in the U.S. for the month of September were EA's "Madden NFL 25" and "EA Sports College Football 25," Nintendo's "The Legend of Zelda: Echoes of Wisdom," Ubisoft's (UBSFY) "Star Wars Outlaws," Take-Two's (TTWO) "NBA 2K25," and Warner Bros. Discovery's (WBD) "Hogwarts Legacy."

11:22 EDT Boeing: Walking away from defense contracts not the answer

11:11 EDT Boeing CEO says no change in commitment to Spirit AeroSystems deal

10:58 EDT Boeing sees 1H25 cash usage, 2H25 cash positive - Sees calendar year 2025 as cash usage.

10:58 EDT Boeing intending to maintain $10B in cash on hand, says CFO

10:53 EDT Boeing in process of going through portfolio, says CEO

10:50 EDT Boeing expects to burn cash in Q4, 2025

10:46 EDT Boeing says 38 per month target for 737 production will be delayed

10:37 EDT Boeing CEO says 'committed' to resetting relationship with IAM

10:29 EDT Old Dominion sees October revenue per day down from prior year - On the company's Q3 earnings call, Old Dominion stated: "On a sequential basis, our revenue per day for the third quarter decreased 1.9% when compared to the second quarter 2024, with LTL tons per day decreasing 3.2% and LTL shipments per day decreasing 1.0%. For comparison, the 10-year average sequential change for these metrics includes an increase of 3.6% in revenue per day and a 0.9% and LTL tons per day and an increase of 2.3% and LTL shipments per day. The modest sequential changes in LTL tons per day during the third quarter were as follows: you lost 4.4% as compared to June; August decreased 0.8% as compared to July, September increased 1.7% as compared to August. The 10 year average change for these respective months of 2.9% in July, an increase of 0.6% in August and an increase of 3.5 per temper for October. We expect our revenue per day will decrease approximately 11.2% to 7.8% when compared to October 2023, with a decrease of approximately 9.2% to 9.8% in our LTL tons per day. We will provide the actual revenue related details for October in our third quarter Form 10 Q."

10:25 EDT CFPB orders Apple, Goldman Sachs to pay over $89M for 'Apple Card failures' - The Consumer Financial Protection Bureau, or CFPB, has taken action against Apple (AAPL) and Goldman Sachs (GS) for "customer service breakdowns and misrepresentations that impacted hundreds of thousands of Apple Card users." The CFPB said it found that Apple failed to send tens of thousands of consumer disputes of Apple Card transactions to Goldman Sachs, and when Apple did send disputes to Goldman Sachs, the bank did not follow numerous federal requirements for investigating the disputes. Apple and Goldman launched Apple Card despite third-party warnings to Goldman that the Apple Card disputes system was not ready due to technological issues, CFPB added. These failures meant that consumers faced long waits to get money back for disputed charges, and some had incorrect negative information added to their credit reports. The CFPB is ordering Goldman Sachs to pay at least $19.8M in redress and a $45M civil money penalty, and Apple to pay a $25M civil money penalty. The CFPB is also banning Goldman Sachs from launching a new credit card unless it can provide a credible plan that the product will actually comply with the law. The CFPB also found that Apple and Goldman Sachs misled consumers about interest-free payment plans for Apple devices. Many customers thought they would automatically get interest-free monthly payments when buying Apple devices with their Apple Card. Instead, they were charged interest. In some cases, Apple did not even show the interest-free payment option on its website on certain browsers. Goldman Sachs also misled consumers about the application of some refunds, which led to consumers paying additional interest charges.Reference Link

10:04 EDT Uxin Ltd trading resumes

10:00 EDT Constellium falls -17.4% - Constellium is down -17.4%, or -$2.60 to $12.32.

10:00 EDT Daqo New Energy rises 9.8% - Daqo New Energy is up 9.8%, or $2.04 to $22.86.

10:00 EDT Stride rises 29.9% - Stride is up 29.9%, or $19.30 to $83.79.

09:56 EDT General Dynamics says 'very strong' balance sheet - Feels "pretty good" about current capital structure.

09:48 EDT TransUnion rises 4.9% - TransUnion is up 4.9%, or $5.22 to $111.00.

09:47 EDT Stride rises 30.0% - Stride is up 30.0%, or $19.34 to $83.83.

09:47 EDT Constellium falls -19.1% - Constellium is down -19.1%, or -$2.85 to $12.08.

09:43 EDT General Dynamics says pipeline 'pretty robust' in Combat Systems - Sees "good margin performance" in Combat Systems going forward.

09:27 EDT Universal Stainless & Alloy tied to fatal crash last year, Hunterbrook says - Universal Stainless & Alloy is set to be acquired by Aperam S.A. in early 2025, notes Hunterbrook Media, which also says that a U.S. Air Force Safety Investigation Board report leaked to the media shows that "Universal Stainless is behind a fatal Osprey crash in Japan that killed eight U.S. airmen, and potentially at least five prior aircraft failures." Universal has a history of quality control issues going back at least as far as 2001, claims Hunterbrook Media, which notes that based on Hunterbrook Media's reporting, Hunterbrook Capital is short Universal Stainless at the time of publication of its report. Reference Link

09:21 EDT General Dynamics sees Q4 free cash flow greater than 100% of net income

09:18 EDT General Dynamics says 'generating solid operating leverage' - Says three of four business segments in Q3 had revenue increases vs. the prior year. Expects to deliver ~42 G700's in 2024, with 27 in Q4. Expects "reasonably strong" order intake in Q4. Says demand "remains solid" across Combat Systems segment. Says supply chain "not getting better at a fast enough pace." Comments taken from Q3 earnings conference call.

09:17 EDT Hilton: Q4 RevPar to be partially offset by election, ongoing labor disputes

09:15 EDT Hilton sees FY24 net unit growth 7%-7.5%

09:14 EDT Hilton expects to return approximately $3B to shareholders for the FY - Comments taken from Q3 earnings conference call.

09:13 EDT Dolphin Entertainment's Special Projects supports Academy Museum Gala 2024 - Dolphin subsidiary Special Projects played a pivotal role in overseeing talent at the Academy Museum of Motion Pictures' fourth annual gala, which raised over $11 million to support the museum's exhibitions, education initiatives, and public programming. The star-studded event honored Paul Mescal, Rita Moreno, and Quentin Tarantino for their contributions to film, while also featuring a performance by Cynthia Erivo. The gala, presented in partnership with Rolex, was co-chaired by Dr. Eric Esrailian, Salma Hayek Pinault, Nicole Kidman, Eva Longoria, and Tyler Perry.The Academy Museum of Motion Pictures, which held its fourth annual gala this year, raised over $11 million to support the museum's exhibitions, education initiatives, and public programming, including screenings, K-12 programs, and access initiatives in service of the general public and the local community of Los Angeles.

09:10 EDT EnWave signs license, equipment purchase agreement with CNTA of Spain - EnWave announced that it has signed a license agreement, equipment purchase agreement and a referral agreement with CNTA, the Spanish National Centre for Food Technology and Safety. CNTA is a private non-profit association that aims to contribute towards improving the competitiveness and quality of the Spanish food sector. The license grants the R&D rights to CNTA to use EnWave's proprietary Radiant Energy Vacuum dehydration technology in collaboration with their many current and future clients. The Equipment Purchase made by CNTA is for a 10kW REV machine that will showcase their state-of-the-art facility with the value proposition of REV technology.

09:08 EDT Washington-based credit union WECU selects Upstart for personal lending - WECU, a Washington-based credit union with over 160,000 members and over $2.7B in assets, has announced a new partnership with Upstart the leading artificial intelligence AI lending marketplace, to provide personal loans to new and existing members. "At WECU, we believe that lives can be transformed through smart, responsible lending practices. That's why we're thrilled to partner with Upstart," said Matt Berendsen, VP of Lending at WECU. "By partnering with Upstart, we are expanding access to fair and accessible loans that align with our mission of improving the financial well-being of our members and our community." "We are proud to have WECU in the family of Upstart lending partners," said Michael Lock, Senior Vice President of Lending Partnerships at Upstart. "In partnership with Upstart, WECU is able to extend its reach beyond its direct members, helping more Washington State residents access the capital they need to improve their lives."

09:07 EDT Verizon Frontlie launches two new deployable asset prototypes - Verizon Frontline announced the launch of two new deployable asset prototypes designed to support the mission-critical communications needs of first responders during public safety operations. Created as part of the Verizon Frontline Innovation Program, the newly-developed Off-Grid, Cross-Communications Network trailer, or OXEN, and Emergency Response Incident Command Center vehicle, or ERICC, are the latest deployable assets available for use by public safety agencies via the Verizon Frontline Crisis Response Team. Recently, both were deployed in support of public safety agencies in Milwaukee, Wisc., at the Republican National Convention, and in Chicago at the Democratic National Convention. The OXEN is a ruggedized trailer built to provide first responders with a full range of Verizon Frontline connectivity options, including 5G Ultra Wideband, 4G LTE and satellite backhaul. The asset also offers mobile edge compute capabilities and radio interoperability. The OXEN can be powered by solar, shoreline power, or a diesel generator. The ERICC is a retrofitted vehicle built to provide first responders who don't have their own command center with a functional mobile workspace for three to five people, giving them better situational awareness during emergency response operations and the ability to establish off- grid communications.

09:06 EDT SRIVARU announces expansion into Indian State of Kerala - SRIVARU Holding announced its expansion into the Indian State of Kerala with the launch of its PRANA 2.0 electric motorcycle through a new joint dealership with Electrogreen Motors in Thiruvananthapuram, Kerala's capital. The joint dealership model, developed by SRIVARU, allows the Company to partner with established local dealers, leveraging their resources and market reach. This approach enables SRIVARU to expand rapidly while minimizing upfront costs and ensuring capital efficiency. The new dealership in Kerala will offer SRIVARU's flagship electric motorcycles, the PRANA 2.0 Grand and PRANA 2.0 Elite.

09:05 EDT Constellium sinks 18% to $12.28 after Q3 results, outlook miss estimates

09:04 EDT AppFolio unveils FolioSpace resident experience, acquires LiveEasy for $80M - AppFolio unveiled FolioSpace, a next-generation resident experience that redefines how property managers and renters connect throughout the entire resident journey. FolioSpace will enable AppFolio's 20,000 property management customers to create a unified and elevated experience for the millions of residents they serve - from application through renewal. To accelerate its resident vision, on October 22, 2024 AppFolio acquired all of the outstanding shares of LiveEasy, a concierge platform providing moving and home services. By vertically integrating LiveEasy and offering its services as part of FolioSpace Resident Onboarding, AppFolio will reduce the stress of moving, deliver increased convenience, and save renters time and money. FolioSpace reimagines how property managers engage with residents by bringing the entire resident journey into one application. By streamlining tasks and communication, FolioSpace replaces traditional manual processes with intuitive digital workflows, including: Resident Application & Screening: A seamless application and approval process for applicants while providing property managers the data they need to select trusted residents and protect themselves from fraud. Resident Onboarding: A configurable digital checklist to streamline leasing and welcome new residents, plus with LiveEasy, access to savings and dedicated support in setting up their utilities, internet and cable, and moving services. Resident Services Marketplace: A collection of essential services to improve residents' living experience, while also creating value for property managers. Resident Inbox: A reimagined inbox gives residents a central location to communicate with their property managers for everything from maintenance requests to leasing questions. Property managers can use AppFolio Realm-X Messages, which leverages the power of genAI, to help them sort through, act on, and respond to routine resident communications. LiveEasy is the trade name of Move EZ, Inc., which AppFolio acquired via merger for approximately $80M, subject to customary adjustments.

09:03 EDT Raytheon awarded $676M contracts for its TOW weapon system by US Army - Raytheon, an RTX business, was awarded $676M to continue manufacturing the tube-launched, optically-tracked, wireless-guided TOW weapon system for the U.S. Army. The two separate awards comprise an annual production contract for $430M in FY23 and an additional $246M award in 2024. Raytheon continues to improve TOW's design with modernized fuzing and target detection. These upgrades were recently demonstrated in successful Fly-To-Buy lot acceptance tests of the latest TOW 2B variant of the missile. Improvements to the overall missile design and packaging will help meet the latest military environmental requirements to support evolving logistical and terrain challenges. This testing milestone ensures TOW users around the world have the latest and most effective weapon system for their deterrence and defensive needs.

09:00 EDT Kronos Bio announces preclinical data from p300 KAT inhibitor program - Kronos Bio announced preclinical data from its p300 KAT inhibitor program for human papillomavirus-driven tumors at the EORTC-NCI-AACR Symposium on Molecular Targets and Cancer Therapeutics. Kronos Bio is exploring the utility of its p300 KAT inhibitor, KB-9558, for HPV-driven tumors. In the presentation, the authors show that the HPV genome preferentially integrates into transcriptionally active regions in the human genome where it becomes dependent on p300 to drive expression of its E6 and E7 oncogenes. It is widely recognized that elevated transcription of HPV E6 and E7 genes promotes degradation of tumor suppressors p53 and Rb. Importantly, inhibition of p300 KAT activity was highly selective in repressing the transcription of E6 and E7, which in turn led to restoration of the p53 and Rb pathways and drove anti-tumor effects through apoptosis and inhibition of uncontrolled tumor cell growth. In the presentation titled, "Oncogenic human papillomavirus hijacks p300 to drive viral transcription, creating a therapeutic vulnerability that can be exploited with selective p300/CBP catalytic inhibitors", the authors describe the experiments that led to the following key findings: HPV integrates into the human genome at specific locations where p300 regulates transcription; p300 inhibition demonstrated specific and potent reduction of expression of HPV oncogenes E6 and E7, both at the RNA and protein level; Loss of E6 and E7 led to restoration of p53 and Rb tumor suppressor pathways which led to the upregulation of p53 activated genes and downregulation of Rb repressed genes; Re-expression of E6 and E7 from an exogenous lentiviral vector where viral oncogene transcription is not mediated by p300 KAT activity reversed the effects of p300 KAT inhibition on p53 restoration and anti-tumor effects; These findings support the potential of KB-9558, a p300 KAT inhibitor, to treat HPV-driven tumors given its potential to suppress E6 and E7 expression and restore the p53 pathway

08:57 EDT Infosys strengthens collaboration with Meta Platforms - Infosys (INFY) strengthened its collaboration with Meta (META) to drive innovation in generative AI through open-source initiatives. Infosys is a strong proponent of open-source software and remains steadfast in its commitment to democratizing AI. Leveraging Meta's Llama stack, a family of open-source large language models and tools, Infosys is driving significant advancements in AI and fostering innovation across industries. To accelerate adoption of Meta's Llama stack and spur innovation, Infosys also unveiled a Meta center of excellence focused on accelerating enterprise AI integration while supporting internal adoption and contributions to open-source communities. This center will enable a large pool of talent on the Llama stack, develop industry-specific use cases, and collaborate closely with Meta to help customers seamlessly adopt the Llama stack.

08:54 EDT AT&T seeing 'better than expected returns' on fiber investments

08:45 EDT LQR House announces first shipment of SWOL Tequila for LCBO review - LQR House announced the shipment of its first batch of SWOL Tequila for analysis by the Liquor Control Board of Ontario. This marks a significant step for LQR House as it begins its international expansion and entry into the Canadian market. The shipment of SWOL Tequila will undergo a thorough analysis by the LCBO, which oversees alcohol regulation in the province. This regulatory analysis is expected to take approximately six weeks. Once SWOL Tequila is cleared for distribution across Ontario by the LCBO, the Company's distributor, Of The Earth Distribution Corp. is expected to start distribution in the province.

08:44 EDT Tevogen AI joins Microsoft for Startups - Tevogen Bio (TVGN) announces its Artificial Intelligence effort, Tevogen AI, has joined Microsoft (MSFT) for Startups. This partnership marks a significant milestone for Tevogen, providing unparalleled access to Microsoft's extensive ecosystem. The partnership is set to accelerate and streamline the development of Tevogen's proprietary algorithms, significantly advancing our mission to lower the total cost of drug development, expedite drug discovery, and deliver life-changing therapies to large patient populations. Mittul Mehta, CIO and Head of Tevogen AI commented "The leadership at Tevogen Bio is extremely optimistic about the future for Tevogen as a partner with Microsoft. Joining Microsoft for Startups underscores Microsoft's conviction in Tevogen's ability to not only innovate, but also deliver." The partnership with Microsoft, the leading innovator in the AI space, is a substantial investment in Tevogen's goal to provide affordable and accessible therapies. By leveraging Microsoft's cutting-edge AI technology, Tevogen aims to push the boundaries of what AI can achieve in the biotech industry.

08:42 EDT Vimeo launches spatial app for Apple Vision Pro - Vimeo (VMEO) announced the launch of its app for Apple Vision Pro (AAPL). This immersive app brings viewers into the content and empowers Vision Pro users to view, upload, and share their spatial videos with others to enjoy. The free app is now available to download on the visionOS App Store. With its ability to add remarkable depth and dimension to a scene, spatial video delivers a way to tell powerful stories, as it offers a more engaging and immersive experience for both personal and professional use cases. Spatial videos can be recorded on Apple Vision Pro, the iPhone 16 line, iPhone 15 Pro and iPhone 15 Pro Max. Canon has also announced the development of a new stereoscopic lens, the RF-S7.8mm F4 STM DUAL Lens, compatible with the popular EOS R7 camera body that will capture gorgeous spatial video.

08:42 EDT Cadiz and RIC Energy to build California's largest green hydrogen facility - Cadiz and RIC Energy, a global renewable energy company, announced they have entered into an agreement to build California's largest green hydrogen facility at Cadiz Ranch in the Mojave Desert. Under the agreement, Cadiz will supply land and water to RIC Energy for the creation of industrial quantities of 100% green hydrogen using solar energy. Rail lines, pipelines and interstate highways that intersect Cadiz Ranch will deliver green hydrogen to Southern California markets to fuel zero-emission trucks, cars and electric generation. RIC Energy chose the Cadiz area for its first US facility after a six-month diligence process that evaluated several locations across the state. Plans call for a self-sufficient, integrated, off-grid green hydrogen production facility utilizing photovoltaic solar for its power supply on up to 3,000 acres of the Cadiz Ranch. The new facility is expected to feature a combination of state-of-the-art technologies to create green hydrogen, complying with the strictest regulations of IRA's Section 45V, using on-site Cadiz water resources and fully renewable electricity generated from a local solar array. Cadiz will supply up to 500 acre-feet of water per year for hydrogen production. Cadiz, in turn, will be able to use green hydrogen and solar to power its water supply and groundwater banking operations. When operating at full capacity, the clean energy facility will produce 50,000 kilograms of hydrogen per day to fuel zero-emission trucks and cars, as well as be able to supply to many other California industries currently using fossil hydrogen. Plans call for on-site electricity storage along with equipment to compress and liquefy the hydrogen for rail or road transportation. The site at Cadiz is also ideal for possible future hydrogen pipelines serving the Los Angeles region. The hydrogen can also be blended locally with natural gas for transport via on-site and nearby existing gas transmission pipeline networks, with the objective of serving California's burgeoning hydrogen market and meeting California's mandate to deliver 90% clean electricity by 2035. According to ARCHES, its projects are expected to create over 200,000 green jobs in California and are forecast to generate $2.95B per year in economic value beginning in 2030, including significant health and healthcare cost savings from reduced pollution.

08:42 EDT Trump Media announces launch of Truth+ streaming on Amazon Fire TV - Trump Media & Technology (DJT) announces that it has successfully launched an app for Amazon (AMZN) Fire TVs to access the Truth+ streaming platform.

08:40 EDT SeaStar Medical announces Stanford Medicine is cleared to enroll subjects - SeaStar Medical announces that Stanford Medicine is cleared to actively enroll subjects in the NEUTRALIZE-AKI pivotal trial. With the recent addition of two Department of Defense medical centers, 12 sites are now activated to enroll subjects in the trial with enrollment at 52. "It goes without saying that Stanford is an incredibly important site," said Kevin Chung, MD, Chief Medical Officer of SeaStar Medical. "The recent decision by the U.S. Centers for Medicare and Medicaid Services to reimburse certain expenses for Medicare patients enrolled in this trial is proving critical in recruiting new medical sites. We are delighted that Stanford will be working with us to help change the standard of care for our most critically ill patients."

08:39 EDT Farmmi granted 180 days by Nasdaq for compliance with minimum bid price - Farmmi announced that on October 22, it received notification from The Nasdaq Stock Market confirming the Company has been granted an additional 180 calendar day period for compliance under its minimum bid price requirement through April 21, 2025. To regain compliance with NASDAQ's minimum bid price requirement, the closing bid price of the Company's ordinary shares needs to be at least $1.00 per share or greater for at least ten consecutive business days by April 21, 2025.

08:38 EDT Travelzoo announces 1M share repurchase plan - Travelzoo announced that its board of directors has authorized a new program to repurchase up to 1M shares of the company's outstanding common stock.

08:37 EDT Rezolve AI announces significant update to BRAiN Assistant - Rezolve Ai announced a significant update to its BRAiN Assistant, introducing several new features and improvements designed to enhance the user experience and the effectiveness of responses. This latest refresh underscores Rezolve's commitment to leveraging cutting-edge technology to deliver superior AI-driven solutions. The BRAiN Assistant serves as the consumer-facing showcase of Rezolve Ai's technology capabilities. The platform has already attracted over 58,000 users during its pilot, demonstrating its robust performance and user appeal. Key Features of the Updated BRAiN Assistant: Routing Algorithm for Optimal AI Model Selection: The BRAiN Assistant now utilizes a sophisticated routing algorithm to choose the best AI language model based on prompt analysis. This ensures that the most appropriate AI model is selected for each specific query, significantly improving the accuracy and relevance of the responses. Model Variety and Custom Solutions: The assistant employs multiple AI models and selects the one that best fits the nature and type of query. For commerce-related queries, the assistant prefers its custom-built model called brainpowa, which is specifically tailored to handle such requests efficiently and effectively. Real-Time Internet Search: Another significant enhancement is the capability to search internet sources in real-time. This allows the assistant to process and incorporate the latest information quickly, ensuring that users receive the most up-to-date and accurate answers. Independence from Specific AI Providers: The system does not rely on any particular AI provider or model. This, combined with the routing algorithm, offers greater flexibility and adaptability by utilizing various AI models as needed.

08:37 EDT Stellantis presents $29.5M investment in upgraded wind tunnel - Stellantis unveiled its Moving Ground Plane, or MGP, technology, a $29.5M investment, at the company's research and technical center in Auburn Hills, Michigan. The upgraded wind tunnel will be able to measure and reduce airflow resistance from wheels and tires, which can account for up to 10% of total real-world aerodynamic drag. Optimizing aerodynamic efficiency is crucial in the effort to extend the driving range of electrified vehicles on a single charge. This enhancement directly contributes to improved efficiency, benefiting customers with longer EV ranges and potentially reducing battery sizes, which in turn could lead to cost and weight savings. Changes to wheelbase and track testing, which can take as much as two hours in conventional wind tunnels, can now be done in minutes. The upgraded facility is part of an estimated $85M commitment included in the 2019 UAW contract. It includes a new annex for staging test vehicles and a new outbuilding to support the MGP system, which uses high-pressure compressed air to drive the wheel and center belts at speeds up to 140 mph. The entire process is carefully controlled by electromechanical actuators. The measuring platform and turntable that comprise the heart of the MGP equipment weighs 137 tons, rests on a concrete foundation and are supported by a specially designed steel frame. The wind tunnel, capable of generating wind speeds of more than 160 mph, has been in continuous operation since 2002.

08:34 EDT Sunrun builds, operates NY residential power plants with Orange and Rockland - Sunrun (RUN) and Orange and Rockland Utilities, a wholly owned subsidiary of Consolidated Edison (ED), have successfully activated New York's, NY, largest residential power plant using more than 300 solar-plus-storage systems. During dozens of peak electricity demand events this summer, the home batteries supplied stored solar energy to help stabilize the electric grid. "This is an important step toward the future of fortifying New York's energy grid, utilizing innovation to build a more affordable and reliable way to deliver power. We are excited to see residents of New York benefit from the sharing of stored solar power and know this partnership with Orange and Rockland will show the path forward for the rest of the state," said CEO of Sunrun, Mary Powell.

08:33 EDT Coca-Cola CEO: Business trends improved each month during the quarter - Comments taken from Q3 earnings conference call.

08:33 EDT Collins Aerospace signs contract with Air Europa - Collins Aerospace, an RTX (NYSE: RTX) business, announced it has signed a 10-year contract with Air Europa to provide comprehensive maintenance, repair and overhaul, or MRO, services for the airline's fleet of 787 aircraft. Through its FlightSense and DispatchSM combined asset and MRO programs, Collins will supply Air Europa with onsite support for a number of 787 systems, including electric power, environmental control, avionics, lighting and cargo. In addition, Collins will provide predictive health maintenance through its Ascentia software platform and expand its pool of 787 spares in Europe. Collins' FlightSense and Dispatch programs offer maintenance agreements tailored to airlines' specific operational requirements. Ascentia, a cloud-based solution, uses advanced data analytics and machine-learning algorithms to help airlines improve maintenance operations and increase reliability. Together, FlightSense, Dispatch and Ascentia are part of Collins' larger MRO ecosystem, combining parts, systems and expertise to deliver more effective data-driven services to customers.

08:29 EDT Eutelsat America, OneWeb announce partnership agreement with Iridium - Eutelsat America Corp. and OneWeb Technologies, operating in combination as a wholly owned independent U.S. proxy company and subsidiary of Eutelsat Group, announced a partnership agreement with Iridium Communications to provide Iridium Certus and Iridium Satellite Time and Location services to U.S. government customers. EACOWT will now offer an enhanced GNSS-resilient Low Earth Orbit Ku-Band/L-band solution by adding Iridium Certus and Iridium STL services to its portfolio of government services. The solution will enable EACOWT to offer resilient connectivity, alongside out-of-band management solutions for remote terminals.

08:27 EDT GameSquare's Stream Hatchet launches AI-powered Influencer Discovery Tool - Stream Hatchet announced the launch of its AI-Powered Influencer Discovery Tool, designed to redefine how brands identify and connect with creators that resonate with their target audiences. This AI-powered solution marks a significant breakthrough in influencer marketing by using proprietary algorithms to sift through data on over 50 million creators to find the most aligned partners for brand campaigns. As brands seek innovative ways to maximize their marketing impact, traditional methods of influencer discovery have proven inefficient and unable to capture the nuanced fit required for lasting partnerships. Stream Hatchet's new AI Discovery Tool addresses this gap by leveraging machine learning to evaluate both quantitative and qualitative creator attributes, ensuring that clients are not only finding the most popular creators, but those whose content style, audience engagement, and values align with the brand's messaging.

08:25 EDT GlobalFoundries, NXP Semiconductors to deliver next-gen 22FDX solutions - GlobalFoundries (GFS) and NXP Semiconductors (NXPI) announced collaboration to drive next-generation solutions across a range of end markets including automotive, IoT and smart mobile devices. This collaboration leverages GF's 22FDX process technology platform and global manufacturing footprint to optimize the power, performance and time-to-market of NXP's solutions. GF's 22FDX chips will be manufactured in Dresden and Malta, New York, providing NXP geographically diverse supply for their customers.

08:24 EDT FTC Solar to supply 1GW of projects for Sandhills Energy - FTC Solar announced that FTC will be supplying its innovative 1P Pioneer trackers for 1 gigawatt of projects over three sites. The projects include a 448-megawatt project in Burt County, Nebraska, a 320-megawatt project in Cass County, Nebraska, both about 50 miles outside of Omaha, and the previously announced 225-megawatt project in Butler County, Nebraska. Yann Brandt, FTC Solar's President and CEO, commented, "We're looking forward to supporting these projects with our Pioneer 1P tracker and continuing to grow our relationship with Sandhills Energy. Market interest in Pioneer continues to grow, driven by key features such as its fast assembly time, high energy density, reduced pile count, and shorter embedment depth."

08:23 EDT Windtree Therapeutics completes national phase filings for istaroxime - Windtree Therapeutics announced that the Company has completed national phase filings of patent applications around the world, including in the United States, Germany, France, Italy, Japan and China. "Windtree continues to prepare for the potential of istaroxime in treating cardiogenic shock patients by expanding and strengthening our patent estate," said Craig Fraser, Chairman and Chief Executive Officer of Windtree. "Unique aspects of istaroxime are utilized in our strategy for intellectual property and positive clinical development has helped bring these aspects to light."

08:22 EDT Travelzoo sees Q4 revenue up - The company said, "For Q4, we expect growth in revenue year-over-year, albeit at a smaller pace than in 2023. However, there could be unexpected fluctuations. We also expect for Q4 higher profitability year-over-year and quarter-over-quarter. For 2025, we expect substantial growth in revenue as a result of additional revenue from membership fees. In December 2023, we announced the introduction of a membership fee for Travelzoo beginning January 1. We recognize membership fee revenue ratably over the subscription period. Legacy Travelzoo members as of December 31, 2023, which represent more than 95% of members, are exempt from the fee during 2024. Therefore, we do not anticipate membership fee revenue from these members before 2025.

08:21 EDT Jasper Therapeutics commences open-label extension study of chronic urticarias - Jasper Therapeutics announced that it is commencing an open-label extension study in chronic urticarias that will roll over patients from the BEACON and SPOTLIGHT studies upon completion of their initial follow up period. Additionally, Jasper also announced it has obtained regulatory clearance in the US and in the EU to further expand the BEACON study in CSU by adding a 360mg single-dose cohort (n=4), and that enrollment in this cohort has commenced. Jasper continues to plan to report initial data from all doses of the BEACON study up through 240mg in CSU during the week of January 6th, 2025. Data from the newly added 360mg single-dose cohort is expected to be reported in the first half of 2025.

08:18 EDT PMV provides update on Phase 2, Phase 1b portions of PYNNACLE trial - PMV Pharmaceuticals (PMVP) provided an update on the Phase 2 monotherapy and Phase 1b combination portions of the ongoing PYNNACLE clinical trial. Enrollment on track in registrational Phase 2 portion of PYNNACLE clinical trial evaluating rezatapopt; more than 75% of sites activated across the U.S., Europe, and Asia-Pacific; interim analysis expected by mid-2025. Dose-limiting toxicities observed in rezatapopt and Merck's (MRK) anti-PD-1 therapy KEYTRUDA combination arm of Phase 1b PYNNACLE trial; rezatapopt 500 mg once-daily in combination with pembrolizumab 200 mg every three weeks established as maximum tolerated dose; due to limited clinical benefit at this dose, PMV is discontinuing enrollment in the Phase 1b combination arm. PMV Pharmaceuticals is collaborating with MD Anderson Cancer Center and Memorial Sloan Kettering Cancer Center to support an investigator-initiated Phase 1b study evaluating rezatapopt monotherapy and in combination with azacitidine in patients with recurrent or refractory AML/MDS harboring a TP53 Y220C mutation

08:14 EDT Gauzy selected by Ferrari to become a strategic supplier - Gauzy announced that Ferrari has selected the Company to become a strategic supplier, resulting in Gauzy already beginning to serially produce its Suspended Particle Device Smart Glass technology for the car manufacturer's SUV. Gauzy's SPD light control glass is available in the panoramic roof of the SUV, marking the first-time Ferrari has implemented smart glass technology on a mass production level for any of its automotive designs.

08:13 EDT Acumen to deliver late-breaking presentation on ACU193 at CTAD conference - Acumen Pharmaceuticals announced that it will present a late-breaking presentation featuring insights from its participant screening approach used in the ongoing Phase 2 ALTITUDE-AD clinical trial evaluating sabirnetug, ACU193, at the 17th Annual Clinical Trials on Alzheimer's Disease, CTAD, conference taking place in Madrid, Spain, and online from Oct. 29 - Nov., 1, 2024. Acumen will provide updated data on how it uses a validated research-use plasma pTau217 assay to screen potential participants in ALTITUDE-AD. Phosphorylated tau at position 217 is a biomarker that indicates AD pathology. The plasma pTau217 assay is being used as an initial screening tool to identify people who qualify for additional amyloid testing to determine eligibility for the ALTITUDE-AD trial.

08:11 EDT Shift4 Payments and MSE in new, multi-year partnership for Capital One Arena - Monumental Sports & Entertainment or MSE has announced a new, multi-year partnership with Shift4, the leader in integrated payments & commerce technology, to handle payment processing for Capital One Arena, the multi-purpose sports and entertainment venue owned and operated by MSE in Washington, D.C. Shift4 will deliver the most comprehensive, end-to-end solution to connect all revenue centers across Capital One Arena, including Shift4's state-of-the-art payment processing technology to modernize the venue's transaction experience. The partnership will connect traditional point-of-sale and kiosk ordering with mobile and contactless solutions, so fans can efficiently order food and beverages and not miss extra minutes of the action. Shift4 will also process payments for ticket sales at the venue, including Washington Wizards and Washington Capitals games as well as hundreds of other events hosted at the arena each year...Shift4's integrated commerce solutions are used by every major professional sports league as well as colleges, entertainment venues, and many other business verticals, transforming the way fans and guests shop, order and pay.

08:10 EDT Humacyte to host KOL event on he use of ATEV for AV access in hemodialysis - Humacyte will host a virtual KOL event on Thursday, October 31, 2024 at 8:00 AM ET. To register, click here. The event will feature Charles Keith Ozaki, MD, Mohamad Anas Hussain, MD, PhD, and Timmy Lee, MD, MSPH, who will discuss the current treatment landscape and unmet need for improved arteriovenous access in hemodialysis patients. During the event, the surgeons will share case studies and highlight the V007 Phase 3 clinical results for Humacyte's acellular tissue engineered vessel product candidate versus arteriovenous fistula, for hemodialysis access in patients with end-stage kidney disease. The ATEV is an investigational, first-in-class bioengineered human tissue that is designed to be a universally implantable vascular conduit for use in arterial replacement and repair and dialysis access. The ATEV is an investigational product and has not been approved for sale by the FDA or any other regulatory agency.

08:08 EDT AngioDynamics and UCLH launch study of 'long term effects' of NanoKnife System - AngioDynamics announced the launch of an international multi-center prospective registry study to assess the long term effects of treating men with unifocal intermediate-risk prostate cancer with the NanoKnife System in partnership with the University College London Hospital UCLH. Approximately 40% of all diagnosed prostate cancer cases are classified as intermediate risk.1 In the first year after surgery, 36% of men report urinary leakage, and 95% are affected by erectile dysfunction 70% described as moderate/severe The NanoKnife System delivers an innovative alternative to conventional radical surgery or radiotherapy, each of which often results in significant dysfunction in urinary continence and erectile potency. With its non-thermal approach, the NanoKnife system is engineered to preserve vital structures inside and outside the prostate, offering patients effective treatment of tumors, low complication rates, and minimal impact on quality of life.3

08:08 EDT Lumos Pharma reports Q3 net loss $7.5M - Operating expenses for the third quarter ended September 30, 2024, were $8.4 million. Net loss for Q3 2024 was $7.5 million. Cash balance as of September 30, 2024, was $13.5 million. The Company is not providing any guidance at this time and withdraws its prior cash runway guidance.

08:07 EDT Skyharbour completes majority earn-in, forms joint venture with Rio Tinto - Skyharbour Resources completed its earn-in requirements to earn a 51% interest in the Russell Lake Uranium Project, located in Northern Saskatchewan, Canada, pursuant to the option agreement dated May 10th, 2022, as amended on January 15, 2024 with Rio Tinto Exploration Canada. The Project is strategically located in the central core of the Eastern Athabasca Basin of northern Saskatchewan adjacent to regional infrastructure, including an all-weather road and powerline. Skyharbour will also be commencing an upcoming fall drill program which will consist of approximately 4,000-5,000m at the project. Formation of the JV: Pursuant to the Agreement, Skyharbour has now earned a 51% interest in the Property by initially paying a cash payment of CAD $508,200, issuing 3,584,014 common shares of the Company to Rio Tinto and incurring an aggregate $5,717,250 in exploration expenditures on the Property over the 3-year term of the earn-in. The Company and Rio Tinto have formed a joint venture to further explore the Property, with the Company holding a 51% ownership interest and Rio Tinto holding a 49% ownership interest. Russell Lake Uranium Project Overview: The Russell Lake Project is a large, advanced-stage uranium exploration property totalling 73,294 hectares strategically located between Cameco's Key Lake and McArthur River Projects and adjoining Denison's Wheeler River Project to the west and Skyharbour's Moore Uranium Project to the east. The northern extension of Highway 914 between Key Lake and McArthur River runs through the western extent of the Property and greatly enhances accessibility, while a high-voltage powerline is situated alongside this road and the western edge of the property south of Key Lake. Skyharbour's acquisition of a majority interest in Russell Lake creates a large, nearly contiguous block of highly prospective uranium claims totalling 108,999 hectares between the Russell Lake and the Moore uranium projects. Skyharbour now has a 51% interest in Russell Lake having formed a joint venture partnership with Rio Tinto at the project. There has been historical exploration carried out at Russell Lake, however most of it was conducted before 2010 prior to the discovery of several major deposits in/around the Athabasca Basin. In 2023, Skyharbour's inaugural diamond drilling program tested several Fox Lake Trail targets and the Grayling Zone. Significant uranium mineralization was intersected in the majority of holes at the Grayling Zone over a strike length exceeding one kilometre. Drill hole RSL23-01 intersected one of the better drill results from the project, returning a 5.9 metre wide intercept of 0.151% U3O8 at a depth of 338.4 metres, which included 1.0 metres of 0.366% U3O8 at 343.3 metres depth within a thrust wedge. More recently, Skyharbour completed 5,152 metres of drilling in a 2024 winter drill program earlier this year, making a new discovery at the newly identified Fork Target area. Hole RSL24-02 marks the best intercept of uranium mineralization historically at the project, returning a 2.5 metre wide intercept of 0.721% U3O8 at a relatively shallow depth of 338.1 metres, including 2.99% U3O8 over 0.5 metres at 339.6 metres just above the unconformity in the sandstone. Skyharbour is fully-funded for an upcoming fall drill program which will consist of approximately 4,000-5,000m at the project to follow up on the recent discovery. Several notable exploration targets exist on the property including the Grayling Zone, the M-Zone Extension target, the Little Man Lake target, the Christie Lake target, the Fox Lake Trail target and the newly identified Fork Zone target. More than 35 kilometres of largely untested prospective conductors in areas of low magnetic intensity also exist on the Property.

08:06 EDT Bridgewater Banc gets regulatory okays for First Minnetonka City acquisition - Bridgewater Bancshares announced the receipt of all necessary regulatory approvals, including approval from the Federal Deposit Insurance Corporation and the Minnesota Department of Commerce, to complete Bridgewater Bank's previously announced acquisition of First Minnetonka City Bank. The acquisition is expected to close in the fourth quarter of 2024, subject to the satisfaction of customary closing conditions.

08:05 EDT Jayud Global Logistics announces acquisitions in California, Georgia - Jayud Global announced the acquisition of significant stakes in two key logistics facilities in California and a licensed customs brokerage firm in Georgia. These strategic investments are part of Jayud's ongoing efforts to expand its operational footprint in the United States and enhance its comprehensive suite of logistics services. Jayud has acquired a 20% stake in a 70,000 sq.ft. warehouse located in Rialto, California, and a 49% stake in a 50,000 sq.ft. warehouse located in Chino, California. These facilities are located in major logistics hubs in California, enhancing Jayud's capacity to manage and streamline supply chains in one of the U.S.'s busiest trade corridors.

08:02 EDT PayPal and Global Payments expand collaboration - PayPal Holdings (PYPL) announced an expanded collaboration with Global Payments (GPN) aimed at transforming checkout experiences. This partnership will see Global Payments offer their U.S. merchants enhanced PayPal and Venmo branded checkout solutions and accelerated guest checkout through Fastlane by PayPal. Fastlane enhances the shopping experience for consumers and drives increased conversion rates for businesses leveraging the platform. Fastlane harnesses PayPal's decades of payment expertise to revolutionize the guest checkout experience, enabling users to complete purchases in as little as one click. This innovative solution empowers guest shoppers and can help deliver nearly 50% higher checkout conversion rates compared to traditional guest checkout flows for consumers paying with a card, while reducing checkout time by more than 28%*.

07:46 EDT NextEra Energy Partners reaffirms FY24 portfolio contribution expectations - The company said, "NextEra Energy Partners continues to expect the run-rate contribution for adjusted EBITDA from its forecasted portfolio at December 31, to be in the range of $1.9B-$2.1B. The year-end 2024 run-rate projection reflects expected calendar-year 2025 contributions from the forecasted portfolio at year-end 2024. The partnership also continues to evaluate alternatives to address its remaining convertible equity portfolio financing obligations and its cost of capital, focusing on its capital structure and the potential for redeployment of more cash flow toward driving organic cash flow growth. Given the demand for power, NextEra Energy Partners has many ways in which it can seek to grow, which could include not only acquiring assets, but also wind repowerings and potentially other organic growth opportunities. NextEra Energy Partners plans to complete its review by no later than the Q4 call and intends to provide its distribution and run-rate cash available for distribution expectations at that time."

07:41 EDT Kura Oncology presents new data on KO-2806 with targeted therapies - Kura Oncology announced the upcoming presentation of new preclinical data supporting the combination of its next-generation farnesyl transferase inhibitor, FTI, KO-2806 with targeted therapies, including KRASG12C inhibitors and pan-RAS inhibitors, at the EORTC-NCI-AACR Symposium on Molecular Targets and Cancer Therapeutics in Barcelona, Spain. "We look forward to presenting an update to our growing body of preclinical and clinical data that demonstrate the potential of KO-2806 as a companion therapeutic to augment the antitumor activities of KRASG12C and pan-RAS inhibitors," said Troy Wilson, Ph.D., J.D., President and Chief Executive Officer of Kura Oncology.

07:40 EDT ZenaTech announces agreement to acquire ZooOffice - ZenaTech announced that it has entered into an agreement to acquire ZooOffice, the holding company for software companies Jadian and DeskFlex, from ZenaTech's former parent company. The acquisition of these two software companies will provide important compliance and inspection software as well as scheduling and mapping software that will be incorporated into ZenaTech's ZenaDrone AI drone solutions. This transaction further expands ZenaTech's portfolio of SaaS software solutions and customer base and is expected to add to recurring revenue in the government sector among others. The acquisition is subject to shareholder and regulatory approvals that may be required.

07:38 EDT Boeing CEO says company 'clearly at a crossroads' - In prepared remarks ahead of the company's Q3 earnings conference call, Boeing President and CEO Kelly Ortberg said "Clearly, we are at a crossroads. The trust in our company has eroded. We're saddled with too much debt. We've had serious lapses in our performance across the company which have disappointed many of our customers." Ortberg sees opportunities ahead, including that Boeing's backlog is roughly half-a-trillion dollars, its customer base "want us and need us to succeed," and its employees "are thirsty to get back to the iconic company they know." Ortberg says Boeing needs a fundamental culture change, must stabilize the business, needs to improve execution discipline on new platform commitments, and must build a new future for Boeing. Ortberg says he is encouraged with the progress Boeing is making already.

07:36 EDT Lilium, GE Aerospace partner for eVTOL flght safety - With eVTOLs on the cusp of taking off commercially in the coming years, GE Aerospace (GE) is partnering with Lilium (LILM), to build a solid safety foundation for this exciting new mode of travel. The two companies are bringing together their respective flight data and analytics platforms to build scalable flight data management solutions that inform the right safety standards and guidelines for eVTOL operators. GE's Event Measurement System platform will be a critical digital component of Lilium's unique and comprehensive aftermarket offering "POWER-ON" that provides safe, efficient, and customer-centric solutions for operators of the Lilium Jet. All Lilium customers will have access to a range of digital services to support their daily operations with critical insights and actionable data. As part of this extraordinary partnership, GE Aerospace and Lilium will build an OEM-level Flight Data Monitoring or Flight Operations Quality Assurance program, to monitor eVTOL safety at a fleet wide level, as well as establish a voluntary FDM program option for Lilium's customers, built in collaboration by both companies

07:33 EDT Boeing: Q3 results reflect IAM work stoppage, previously announced charges - Q3 financials reflect impacts of the International Association of Machinists and Aerospace Workers work stoppage and previously announced charges on commercial and defense programs.

07:31 EDT Boeing reports total company backlog of $511B, including over 5,400 airplanes

07:28 EDT A2Z Cust2Mate announces compliance with Nasdaq listing requirements - A2Z Cust2Mate Solutions has received formal notice from the Nasdaq Stock Market stating that the Company has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). As previously disclosed, the Company received a written notice from Nasdaq on April 24, 2024, notifying the Company that it had failed to meet the $1.00 per share minimum bid price requirement for continued inclusion on the Nasdaq Capital Market. To regain compliance with the Listing Rule, the Company's common shares were required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive business days, which was achieved on October 21, 2024. Nasdaq has stated that this matter is now closed. A2Z further announced that, the board of directors has approved the extension of the expiry dates of a total of 653,746 share purchase warrants, by twelve months to Nov 6, 2025. The Warrants were issued pursuant to private placements which closed on November 8, 2022. Each Warrant entitles the holder thereof to acquire one common share of the Company at a price of $3.75 per common share, and all other terms of the Warrants, including exercise price, will remain the same.

07:24 EDT Diversified Energy announces natural gas supply contract with LNG facility - Diversified Energy Company announced the execution of a supply agreement with a major Gulf Coast LNG facility to provide natural gas to export. Under the terms of the agreement, Diversified will provide approximately 40 Bcf of natural gas under a fixed pricing construct indexed to Gulf Coast pricing for a period of three years, beginning in November 2024. Fueled by a vision to supply clean American energy to the world, this significant contract collaboration encompasses the commitment to ensure energy security for global trading partners who are facing supply disruptions, geopolitical tensions, rising regional demands, and changing consumption patterns. Additionally, the Company has been able to strategically take advantage of the recent strength of the natural gas price curve to add to its multiple-year hedge portfolio in 2025 through 2027, with an average NYMEX hedge price of approximately $3.45 per MMBtu. The Company will provide additional disclosures and an updated hedging schedule with its Third Quarter 2024 Trading Statement.

07:23 EDT Jianzhi Education strengthens edtech capabilities with new AI initiatives - Jianzhi Education Technology Group announced its new Artificial Intelligence, AI, initiatives. Jianzhi will develop and implement new algorithms to facilitate educational content and utilize AI in various aspects of the teaching process, including teaching design, student performance analysis, and homework grading, with a view to significantly enhance teaching efficiency and students' learning experience.

07:21 EDT Chicago Atlantic closes on $50M unsecured term loan - Chicago Atlantic Real Estate Finance entered into a $50.0 million unsecured term loan from two institutional private lending platforms to fund the Company's future investments and other general corporate purposes. The unsecured term loan matures in October 2028, is interest only and bears a fixed cash interest rate of 9.0%. The Company can prepay the term loan in whole or in part at any time and from time to time subject to applicable prepayment penalties. The full balance of the loan was drawn at closing and was used to repay current outstanding borrowings on the Company's $110.0 million senior secured revolving credit facility and for other working capital purposes. The Company also announced that Egan-Jones has assigned a rating of BBB+ to both the Company and the senior unsecured term loan.

07:19 EDT Monte Rosa Therapeutics presents preclinical data at ENA 2024 - Monte Rosa Therapeutics announced the company will present preclinical data at the 36th EORTC-NCI-AACR Symposium, ENA 2024, taking place in Barcelona, Spain from October 23 to 25, on the potential of its cyclin E1-directed molecular glue degraders for the treatment of CCNE1-amplified solid tumors. The data being presented demonstrate that Monte Rosa's MGD degrades cyclin E1 with a high level of selectivity, sparing other closely related proteins, including other cyclins, and cyclin-dependent kinases. The data also showed that a cyclin E1-directed MGD led to downstream pathway inhibition and induced tumor growth suppression and regression preferentially in CCNE1-amplified and over-expressing tumor cell lines and xenograft models. The Company continues to perform preclinical research in order to progress the program towards a development candidate nomination.

07:18 EDT Eccogene receives milestone payment of $60M from AstraZeneca - Eccogene will receive a $60 million payment from AstraZeneca, which is being triggered by successfully achieving milestones related to the development of ECC5004/AZD5004 including the first patient dosed in the Phase 2b program. VISTA and SOLSTICE are two global Phase 2b multicenter trials assessing the efficacy and safety of ECC5004/AZD5004, administered orally, once daily, to participants who are obese or overweight with at least one weight-related comorbidity and type 2 diabetes, respectively. AstraZeneca licensed the global rights to ECC5004/AZD5004 from Eccogene in November 2023, for which the Company received an upfront payment of $185 million and can receive up to $1.825 billion in future milestones, as well as royalty payments. Eccogene retains co-development and co-commercialization rights to ECC5004/AZD5004 in China.

07:15 EDT Cogent Biosciences announces pipeline expansion into KRAS - Cogent Biosciences announced the addition of a potent and selective KRAS inhibitor to its pipeline. Preclinical data from this program as well as its newly announced H1047R mutant-selective PI3Kalpha clinical candidate will be presented in two poster presentations at the 2024 EORTC-NCI-AACR International Symposium on Molecular Targets and Cancer Therapeutics taking place in Barcelona, Spain October 23-25, 2024. Title: Identification of a Pan KRAS(On) Inhibitor with Selectivity Over KRAS over H/NRAS and pM Activity Across Prevalent KRAS Mutations: Mutations in KRAS are among the most prevalent mutations found in cancer, occurring most often in colorectal cancer, non-small cell lung cancer and pancreatic cancer. The poster presented today describes Cogent's internally-developed pan KRAS(ON) inhibitor with selectivity over HRAS and NRAS and picomolar activity across KRAS mutations without the potential liabilities of molecules in the class. Following oral administration, CGT6737 demonstrated robust PK/PD and tumor growth inhibition with 90% PD inhibition in mouse xenograft models. Lead optimization of CGT6737 is ongoing. Title: Preclinical Characterization of a Novel PI3Kalpha H1047R Mutant Selective Inhibitor: Cogent is also developing a potential best-in-class, wild-type-sparing, PI3Kalpha inhibitor that provides coverage for the H1047R mutation, which affects greater than55,000 cancer patients each year. The phosphoinositide 3-kinase pathway is a key cell cycle regulating pathway that has an established role in tumor growth and development. The approved agents for these patients often lead to dose limitations, resulting from activity against wild-type PI3Kalpha. The poster presented today highlights Cogent's clinical candidate CGT6297, a potent allosteric inhibitor of PI3K, with 25-fold selectivity over PI3Kalpha WT. CGT6297 has high oral bioavailability and low clearance across species, providing robust inhibition of downstream signaling and efficacy in animal models. Importantly, when compared to a clinically relevant dose of a currently approved therapy in a mouse tumor model, CGT6297 demonstrated superior efficacy with no increase in insulin. IND-enabling studies are expected to be initiated in 2025.

07:14 EDT Telesat awards contract to Intellian to design, supply gateway antennas - Telesat and Intellian announced a contract award for Intellian to design, supply, install, and integrate 127 Gateway Antenna Systems at Landing Stations for the Telesat Lightspeed Low Earth Orbit, LEO, constellation. Intellian's 4-meter Gateway Antenna System has been meticulously engineered to optimize tracking precision and high gain performance for LEO satellites and durability in all weather conditions. The Telesat Lightspeed Landing Stations play a crucial role in the delivery of Telesat's enterprise-class services.

07:13 EDT Climb Global's Climb Channel launches NA partnership with FinQuery - Climb Channel Solutions, a wholly owned subsidiary of Climb Global Solutions, announced the addition of FinQuery to their North American, NA, line card. The strategic partnership with Climb Channel Solutions will expand the reach of FinQuery's Software Management platform, enabling them to assist a broader range of organizations in achieving significant cost savings, mitigating risk, and enhancing overall efficiency. "Climb is excited about the addition of FinQuery and their Software Management platform which offers total visibility into where companies spend most of their budget; leases, contacts, and software applications," said Dale Foster, CEO of Climb Channel Solutions.

07:11 EDT Kaixin Auto announces 1-for-60 share consolidation - Kaixin announced that it will effect a share consolidation of its ordinary shares at a ratio of 1-for-60, effective on October 25, 2024. The Company's ordinary shares are expected to begin trading on a post-consolidation basis at the open of the market session on October 25, 2024. Upon the market opening on October 25, 2024, the Company's ordinary shares will continue to be traded on The Nasdaq Capital Market under the symbol "KXIN" with the new CUSIP number G5223X159.

07:10 EDT Eyenovia announces publication of study on Optejet, presentation - Eyenovia announced a publication in the Journal of Ocular Pharmacology and Therapeutics as well as an upcoming presentation at the American Academy of Optometry's "Academy 2024 Indianapolis" Annual Meeting. The peer-reviewed paper highlights the ability of Eyenovia's proprietary Optejet dispenser to deliver a therapeutic dose of latanoprost with far less exposure to the preservative benzalkonium chloride than traditional eye drops. In contrast, this in-vitro study of latanoprost plus BAK delivered in the same amount by the Optejet dispenser avoided the cytotoxicity associated with larger volumes found in eye drops and was similar to no treatment controls and BAK-free latanoprost drops. Eyenovia also announced today an upcoming presentation at the American Academy of Optometry's "Academy 2024 Indianapolis," which is being held November 6-9, in Indianapolis, IN. The presentation details the results of an open-label Phase 4 study of 1% tropicamide and 2.5% phenylephrine ophthalmic metered spray, similar to Mydcombi, Eyenovia's commercially available product for inducing mydriasis.

07:08 EDT Transcode announces SRC approval of second cohort in Phase 1 TTX-MC138 trial - TransCode Therapeutics announced that the Safety Review Committee, SRC, monitoring its Phase 1 clinical trial has unanimously approved opening of the second cohort of patients based on its favorable review of Cohort 1 safety data. The therapeutic candidate being evaluated, TTX-MC138, is TransCode's lead candidate designed to inhibit microRNA-10b, a microRNA critical to the emergence and progression of metastatic cancer. All patients in the first cohort remain on study for continued treatment. No significant safety or dose limiting toxicities have been reported. The dose administered to the second cohort will be approximately double the dose administered to the first cohort.

06:51 EDT MAG Silver reports Q3 production from Juanicipio - Q3 highlights: Consistent throughput: The Juanicipio plant maintained steady production with 332,290 tonnes of ore processed in Q3, consistent with Q2, marking the third consecutive quarter of 100% ore processing through the Juanicipio plant. Continued grade overperformance: Silver head grade averaged 481 grams per tonne during the quarter, contributing to a year-to-date average of 485g/t. This continues to outperform expectations and underscores the high-grade nature of the Juanicipio deposit. Improved metal recovery: Metal recovery rates continue to improve, highlighting the success of ongoing operational enhancements and circuit optimizations at the Juanicipio plant. Robust production: Juanicipio achieved strong preliminary production estimates of 4.9 million silver ounces and 10,801 gold ounces, exceeding quarterly expectations and demonstrating the strength of the asset. Guidance on-track: With continued operational outperformance, silver grades are expected to be at the top end of revised guidance (420g/t to 460g/t) for 2024, reinforcing confidence in Juanicipio's long-term potential. Comprehensive financial and operational results are expected to be released on November 8.

06:45 EDT Iteris' stockholders approve merger agreement with Almaviva - Iteris announced that Iteris stockholders approved the proposed merger agreement with Almaviva at Iteris' Special Meeting of Stockholders held yesterday. As previously announced, under the terms of the merger agreement, Almaviva will acquire Iteris in an all-cash transaction in which Iteris' stockholders will receive $7.20 per share of common stock, valuing Iteris at approximately $335M equity value. The parties anticipate the transaction will close on or about November 1, subject to customary closing conditions. Upon completion of the merger, Iteris common stock will no longer be listed on any public market. More than 98% of the shares of Iteris common stock present, in person or by proxy, at the Special Meeting representing approximately 71% of Iteris' total issued and outstanding shares of common stock as of the record date, voted in favor of the merger agreement and transaction.

06:32 EDT Wabtec sees FY24 operating cash flow conversion of greater than 90%

06:29 EDT GE Vernova: Experienced one fatality in Q3 - Says remains committed to fatality-free operations and deploying Life Saving Rules.

06:28 EDT Taylor Morrison sees FY24 home closings 12,725 - Sees FY24 average closing price $600,000. Sees FY24 ending active community count 330-340. Sees FY24 effective tax rate 24.5%-25%.

06:24 EDT Deutsche Bank seeks ECB authorization for further share repurchases - The Common Equity Tier 1 capital ratio was 13.8% in the quarter, up from 13.5% in the previous quarter. This development reflected strong third-quarter earnings and the bank's adoption of transitional rules for unrealized gains and losses of certain debt instruments. These positive impacts more than offset higher risk weighted assets, predominantly higher market risk and credit risk RWA, net of reductions from the aforementioned capital efficiency measures as part of the accelerated execution of the Global Hausbank strategy. Deutsche Bank recently sought ECB authorization for further share repurchases.

06:17 EDT Revolution Medicines presents data from RMC-6236 Monotherapy Study - Revolution Medicines announced encouraging antitumor activity and safety/tolerability data for RMC-6236, its RAS multi-selective inhibitor, in patients with previously treated pancreatic ductal adenocarcinoma, or PDAC. These updated results were presented during a late-breaking poster session at the EORTC-NCI-AACR Symposium on Molecular Targets and Cancer Therapeutics in Barcelona, October 23-25. The RMC-6236-001 Phase 1/1b study is a multicenter, open-label, dose-escalation and dose-expansion study designed to evaluate RMC-6236 as monotherapy in patients with advanced solid tumors harboring RAS mutations or wild-type RAS. As of the July 23, 2024 data cutoff date, a total of 127 patients previously treated for PDAC were treated with RMC-6236 at doses ranging from 160 mg to 300 mg once daily. RMC-6236 appeared to be generally well tolerated at dose levels ranging from 160 mg to 300 mg QD and showed an overall safety profile consistent with previously reported results. No new safety signals were observed. The most common treatment-related adverse events, or TRAEs, were rash and GI-related toxicities that were primarily Grade 1 or 2 in severity. The most common reported Grade greater than or equal to3 TRAEs were rash, stomatitis, and diarrhea. TRAEs leading to dose modification occurred in 35% of patients with no treatment discontinuations due to TRAE. The average dose intensity across doses ranging from 160 mg to 300 mg was 92%.

06:15 EDT Deutsche Bank 'made progress on all dimensions' of Global Hausbank strategy - Deutsche Bank made progress on all dimensions of its accelerated Global Hausbank strategy in the third quarter: Revenue growth: Revenues grew 5% year on year to EUR 7.5B in the quarter, with 5% growth in commissions and fee income, as net interest income in the key segments of the banking book was broadly stable year on year. The bank's compound annual revenue growth rate over the last 12 months compared with the full year 2021 was 5.6% at the end of the quarter, within the bank's raised target range of between 5.5% and 6.5%. Operational efficiency: The bank made further progress on its EUR 2.5B Operational Efficiency program which includes optimization of the platform in Germany and workforce reductions, notably in non-client-facing roles. In the third quarter, total savings either realized or expected from measures completed reached EUR 1.7B, including EUR 1.5B in savings realized. Workforce reductions related to the program reached a cumulative total of approximately 3,300 full-time equivalents, including approximately 600 during the third quarter, more than 90% of the planned total through year end 2024. In addition, contract external staff have been reduced by approximately 1,400, notably through internalisations, in the first nine months of 2024. Capital efficiency: Deutsche Bank delivered RWA equivalent benefits of a further EUR 3B during the third quarter through data and process improvements. As a result, cumulative RWA reductions from capital efficiency measures reached EUR 22B, marking further progress towards the bank's raised goal of EUR 25-30B by the end of 2025. Deutsche Bank continues to pursue additional opportunities to exceed this goal.

06:11 EDT Beyond to cut workforce by 20%, terminates Chief Product Officer - In a regulatory filing, Beyond announced that on October 20, the board of directors of the company approved a RIF affecting approximately 20% of the company's workforce, which is expected to be substantially implemented in the fourth quarter of 2024. These actions were taken to strategically create a more variable, leverageable cost structure and create a more streamlined organization to align to its asset-light business that supports an affinity and data monetization model with a strong technology focus. The company estimates the RIF will result in annualized reduction of fixed costs by approximately $20M. In connection with a reduction in force, Carlisha Robinson, former Chief Product Officer of Beyond, was terminated without cause effective October 22.

06:07 EDT Tutor Perini unit awarded $1.1B Kensico-Eastview Connection Tunnel Project - Tutor Perini announced that its subsidiary, Frontier-Kemper Constructors has been awarded a contract valued at approximately $1.1B by the New York City Department of Environmental Protection for the Kensico-Eastview Connection Tunnel Project. The scope of work entails the construction of a new deep rock tunnel between the Kensico Reservoir and the Catskill/Delaware Ultraviolet Light Disinfection Facility, both in Westchester County, New York. The new tunnel will provide an additional means of conveying water between the Kensico Reservoir and the CDUV Facility, enhancing operational resiliency and redundancy for New York City's water supply system. Work is expected to begin in the coming months with substantial completion expected in 2030. The contract value was added to the company's backlog in the third quarter of 2024.

06:04 EDT Amazon.com announces new fuel savings offer for Prime Members - Amazon announced that Prime members can now save 10c per gallon at approximately 7,000 bp, Amoco, and ampm gas stations across the U.S. This offer could save Prime members on average nearly $70 per year on gas if purchasing at qualifying locations. Additionally, Prime members can expect even more savings on transportation-related costs in the future-in 2025, Amazon plans to add an electric vehicle charging savings offer with bp pulse, bp's electric vehicle charging business, with more details to be revealed next year.

05:35 EDT Berry Global, Glatfelter provide update on HHNF spin-off and merger completion - Berry Global (BERY) and Glatfelter (GLT) announced that Berry has set a record date of the close of business on November 1 for the proposed spin-off of its Health, Hygiene and Specialties Global Nonwovens and Films business, or HHNF Business. The spin-off and merger of Berry's HHNF Business with Glatfelter are expected to be completed on November 4, subject to the satisfaction or waiver of the closing conditions for the transaction. As previously announced, in connection with the merger, Glatfelter will effect a reverse stock split and change its name to Magnera Corporation. Subject to the satisfaction or waiver of the closing conditions, on November 4, Berry will distribute all of the shares of stock of its wholly owned subsidiary that owns the HHNF Business to Berry stockholders as of the close of business on the November 1 record date by means of a pro rata distribution, Spinco will merge into a subsidiary of Magnera, and the shares of Spinco distributed to Berry stockholders will convert into the right to receive Magnera shares. Upon completion of the merger, Berry stockholders are expected to collectively own approximately 90% of the outstanding shares of Magnera common stock on a fully-diluted basis, and current Glatfelter shareholders are expected to collectively own approximately 10% of the outstanding shares of Magnera common stock on a fully-diluted basis. The actual number of shares of Magnera common stock that Berry stockholders will receive in the spin-off and merger with respect to each share of common stock, $0.01 par value per share of Berry will be determined based on the number of shares of Glatfelter common stock outstanding on a fully-diluted basis prior to the merger, the number of shares of Spinco common stock outstanding, which will equal the number of shares of Berry common stock outstanding on the actual record date, and the reverse stock split ratio determined by Glatfelter's board of directors. The spin-off and merger remain subject to the satisfaction or waiver of certain conditions including, but not limited to, approval by Glatfelter shareholders of certain matters related to the transactions. If the closing conditions are not satisfied or waived in advance of November 1, Berry may elect to change the record date to a later date.

05:28 EDT Lead Real Estate to introduce Mother Bracelet fitness trackers to two hotels - Lead Real Estate (LRE) announced that LRE will introduce Mother Bracelet, a fitness tracker developed by Medirom Mother Labs, a subsidiary of Medirom Healthcare (MRM), which operates a health tech business, to two hotels under the ENT Terrace brand. This initiative will launch on Friday, November 1, under the theme "Circulation of Happiness through Energy of Travel." Mother Bracelet is a fitness tracker that does not require charging. Following the introduction, these trackers will be available free of charge to guests staying at the ENT Terrace hotels. In addition to visualizing their own health condition, guests can earn energy points just by walking.

05:08 EDT Eli Lilly announces MHRA grants marketing authorization for donanemab - Eli Lilly announced that the Medicines and Healthcare products Regulatory Agency, or MHRA, has granted marketing authorization for donanemab, an injection for intravenous infusion every four weeks to treat mild cognitive impairment and mild dementia due to Alzheimer's disease in eligible adults in Great Britain. Eligible patients are limited to apolipoprotein E e4, or ApoE e4, heterozygotes or non-carriers, which is a requirement for the class of currently approved amyloid-targeting therapies in Great Britain. Donanemab is the only amyloid plaque-targeting therapy with evidence to support stopping therapy when amyloid plaques are removed. Great Britain is the third major market to approve donanemab, marketed as Kisunla.