Stockwinners Market Radar for January 17, 2025 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service |
TEM | Hot Stocks20:13 EST Cathie Wood's ARK Investment bought 186.5K shares of Tempus AI today
|
CRSP | Hot Stocks20:12 EST Cathie Wood's ARK Investment bought 147K shares of Crispr Therapeutics today
|
VATE | Hot Stocks18:20 EST INNOVATE Corp. announces FDA approval of MediBeacon TGFR - INNOVATE Corp. announced that the U.S. FDA has approved the MediBeacon TGFR for the assessment of kidney function in patients with normal or impaired renal function. The TGFR is comprised of the TGFR Sensor, TGFR Monitor, and Lumitrace injection, a non-radioactive, non-iodinated fluorescent GFR tracer agent, which together allow assessment of kidney function by measuring the clearance rate of the fluorescent agent as it leaves the body. The system records Lumitrace fluorescence intensity transdermally as a function of time via a sensor placed on the skin. The TGFR Sensor records 2.5 fluorescent readings per second and the TGFR Monitor will display the average session tGFR reading at the patient's bedside or in the outpatient setting.
|
AZN | Hot Stocks17:32 EST AstraZeneca's Datroway approved in U.S. for HER2-negative breast cancer patients - The company states: "Datroway, or Dato-DXd, has been approved in the US for the treatment of adult patients with unresectable or metastatic hormone receptor HR-positive, HER2-negative breast cancer who have received prior endocrine-based therapy and chemotherapy for unresectable or metastatic disease. The approval by the US Food and Drug Administration was based on results from the TROPION-Breast01 Phase III trial. In TROPION-Breast01, Datroway significantly reduced the risk of disease progression or death by 37% compared to investigator's choice of chemotherapy in patients with HR-positive, HER2-negative metastatic breast cancer as assessed by blinded independent central review. Median progression-free survival was 6.9 months in patients treated with Datroway versus 4.9 months with chemotherapy. The safety profile of Datroway was consistent with the known profile of this medicine with no new safety concerns identified. In the Datroway arm, the interstitial lung disease rate was 4.2% and the majority of events were low grade." Reference Link
|
MIGI | Hot Stocks17:19 EST Mawson Infrastructure names William Regan as CFO - Mawson Infrastructure Group announced that it has appointed William Regan as the company's CFO, effective January 17. Regan joined the company in 2024 as Deputy CFO. Regan has 40 years of finance and accounting experience, including 25 years at public companies and 10 years at technology companies. Regan has previously held multiple CFO and senior finance positions, including at Everything Blockchain, Rentech, National Golf Properties, Digital Insight Corporation and DTS Digital Cinema.
|
GPRK | Hot Stocks17:11 EST GeoPark announces 2025 Work Program to deliver increasing value - GeoPark Limited announced its 2025 Work Program, approved by its board. The program is "designed to deliver increasing value to its shareholders through disciplined capital allocation, operational excellence, and sustainable growth." The program integrates and responds to the following key principles of GeoPark's "North Star" strategy: Highly profitable, dependable and sustainable, with more than $400M of annual EBITDA generation; Focused on growth through big assets, big basins and big plays, with a diversified footprint in Colombia, Argentina, and Brazil; Near term performance, long term vision and targets, targeting 70,000 boepd mid-term (2028), 100,000 boepd long-term (2030); Financial flexibility and stewardship, with net debt to EBITDA 1.5-2.1x at $70-80/bbl, strong cashflow generation of $120M-180M ending cash; and Competitive shareholder returns while driving sustainable growth, by maintaining an annual dividend of $30M.
|
LMT | Hot Stocks17:11 EST Lockheed Martin awarded $118.4M U.S. Air Force contract - Lockheed Martin Rotary and Mission System has been awarded a $118,379,696 modification o a previously awarded contract - FA8730-21-C-0022 - for Three-Dimensional Expeditionary Long-Range Radar. The modification brings the total cumulative face value of the contract to $471,564,766. Work will be performed in Liverpool, New York, and is expected to be completed by March 16, 2027.
|
LMT | Hot Stocks17:10 EST Lockheed Martin awarded $280.4M U.S. Navy contract - Lockheed Martin is awarded a $280,418,928 cost-plus-fixed-fee, cost-plus-incentive-fee, and cost type modification to previously awarded contract N00024-23-C-5101 for combat systems engineering efforts of the planned modernization and new combat system capabilities selection for international partner Canadian Royal Navy ships operating AEGIS.
|
NVDA | Hot Stocks17:05 EST Nvidia sees no impact on operations, sales to China from new U.S. rules - According to a regulatory filing, on January 16, 2025, the Bureau of Industry and Security, Department of Commerce, published a rule entitled "Implementation of Additional Due Diligence Measures for Advanced Computing Integrated Circuits." The rule is intended to reduce the diversion of ICs to unauthorized end uses or end users that meet the control parameters of ECCN 3A090 by end users who misrepresent the performance capabilities of their ICs to the foundries that manufacture them or the companies that assemble the ICs, or OSATs, into packages. The rule requires additional diligence for foundries and OSATs to verify technical parameters, although approved IC designers are considered a reliable source to verify technical parameters of the applicable advanced logic ICs. Nvidia Corporation is an approved IC designer and thus the rule is not expected to have an impact on its operations or on product sales to China.
|
BMO | Hot Stocks17:03 EST Bank of Montreal says TSX approves normal course issuer bid for 20M shares - Bank of Montreal announced that it has received approvals from the Toronto Stock Exchange and the Office of the Superintendent of Financial Institutions Canada to proceed with its previously-announced normal course issuer bid to purchase, for cancellation, up to 20M of its common shares, commencing January 22, 2025, and ending no later than January 21, 2026.
|
MCD | Hot Stocks16:47 EST McDonald's director John Mulligan to retire from board - In a regulatory filing, McDonald's disclosed that on January 13, Director John Mulligan notified McDonald's of his decision to retire from the company's Board of Directors, effective as of the date of the company's 2025 Annual Shareholders' Meeting. The retirement is not because of a disagreement with the company on any matter relating to the company's operations, policies, or practices
|
LAAC | Hot Stocks16:33 EST Lithium Argentina shareholders approve corporate migration to Switzerland - Lithium Americas is pleased to announce that the company's shareholders approved its plan to change its place of incorporation from Canada to Switzerland at its Special Meeting of Shareholders. The Special Meeting saw representation of 39.78% of the total shares outstanding being voted. The arrangement resolution to approve the Corporate Migration to Switzerland received overwhelming support with 99.23% approval from all voting shareholders.
|
JZ | Hot Stocks16:31 EST Jianzhi Education receives Nasdaq notification regarding minimum bid price - Jianzhi Education Technology Group Company Limited announced that the Company has received written notification from the staff of the Listing Qualifications Department of the Nasdaq Stock Market LLC dated January 15, 2025, indicating that for the last 30 consecutive business days, the closing bid price for the company's American depositary shares was below the minimum bid price of $1.00 per share requirement set forth in Nasdaq Listing Rules. The Nasdaq notification letter has no current effect on the listing or trading of the company's ADSs on The Nasdaq Capital Market. Pursuant to the Nasdaq Listing Rules, the company is provided with a compliance period of 180 calendar days, or until July 14, 2025, to regain compliance under the Listing Rules. If at any time during the 180-day compliance period, the closing bid price of the company's ADSs is $1.00 per share or higher for a minimum of ten consecutive business days, the Nasdaq will provide the company written confirmation of compliance and the matter will be closed. In the event the company does not regain compliance by July 14, 2025, subject to the determination by the staff of Nasdaq, the company may be eligible for an additional 180-day compliance period. The Nasdaq notification letter will have no effect on the company's business operations, and the company will take all reasonable measures to regain compliance.
|
ARWR | Hot Stocks16:31 EST Arrowhead says FDA accepts NDA for investigational plozasiran - Arrowhead Pharmaceuticals announced that the U.S. FDA has accepted the New Drug Application for investigational plozasiran for the treatment of familial chylomicronemia syndrome, a severe and rare genetic disease. The FDA provided a Prescription Drug User Fee Act action date of November 18, and indicated it is not currently planning to hold an advisory committee meeting. Arrowhead also intends to submit applications for approval of investigational plozasiran for the treatment of patients with FCS to additional regulatory authorities in 2025.
|
MRNA | Hot Stocks16:31 EST Moderna confirms $590M award by U.S. for bird flu vaccine development - Moderna announced ongoing support from the U.S. Department of Health and Human Services, HHS, to accelerate the development of mRNA-based pandemic influenza vaccines. The award was made through the Rapid Response Partnership Vehicle, RRPV, Consortium with funding from the Biomedical Advanced Research and Development Authority, BARDA, part of the HHS Administration for Strategic Preparedness and Response, ASPR. The project will provide additional support for late-stage development and licensure of pre-pandemic mRNA-based vaccines. The agreement will also support the expansion of clinical studies for up to five additional subtypes of pandemic influenza. In 2023, Moderna initiated a Phase 1/2 study to generate safety and immunogenicity data of an investigational pandemic influenza vaccine in healthy adults aged 18 years and older. The study included vaccine candidates against H5 and H7 avian influenza viruses. Based on the positive preliminary data from the Phase 1/2 study, Moderna is preparing to advance mRNA-1018 into Phase 3. The company looks forward to sharing the Phase 1/2 results at an upcoming scientific meeting. This $590M award has been funded in whole or in part with federal funds from the Department of Health and Human Services, Administration for Strategic Preparedness and Response, and Biomedical Advanced Research and Development Authority.
|
CMCSA CMCSK | Hot Stocks16:23 EST Comcast says 'Wicked' surpasses $700M at global box office - Comcast said that Universal Pictures' film "Wicked" has crossed the $700M mark at the global box office. Of the total, $240.4M comes from the international box office, while $460.6M is generated domestically. This milestone was achieved even as the film transitioned to Premium VOD on Dec. 31, 2024 where it became the best first week Universal has seen for any theatrical title with a premium release at $70M in one week. Starring Cynthia Erivo and Ariana Grande, "Wicked" ended 2024 as Universal's second-highest-grossing film of the year globally. It also became the highest-grossing non-sequel of 2024 and claimed the title of the all-time top-grossing stage musical adaptation, surpassing Universal's own "Mamma Mia!." "Wicked: For Good," the film's second act opens in theaters a year after the original, on November 21, 2025. Reference Link
|
SYK NARI | Hot Stocks16:21 EST Stryker commences $80 per share cash offer for Inari Medical - Stryker (SYK) announced that it is commencing, through a wholly owned subsidiary, Eagle 1 Merger Sub, a cash tender offer to purchase all of the issued and outstanding shares of common stock of Inari Medical (NARI) for $80.00 per share in cash. The offer is being made pursuant to the previously announced merger agreement, dated as of January 6, among Stryker, Eagle 1 Merger Sub, Inc and Inari. The tender offer is scheduled to expire at one minute past 11:59 p.m. Eastern Time, on February 18, unless extended in accordance with the terms of the merger agreement. The tender offer is subject to various conditions, including the minimum tender of at least a majority of the issued and outstanding shares of Inari common stock, the expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act and other customary conditions. The transaction is anticipated to close by the end of the first quarter of 2025, as previously announced.
|
SBUX | Hot Stocks16:17 EST Starbucks CEO sees job eliminations, smaller support teams moving forward - Starbucks CEO Brian Niccol said in a message to staff, "In September, we outlined our plan to revitalize Starbucks by focusing on what has always set us apart: a welcoming coffeehouse where people gather and where we serve the finest coffee, handcrafted by our skilled baristas. Since then, we have been enhancing the in-store experience with the return of the condiment bar, writing on cups, more ceramic mugs and a revised code of conduct. We've shifted our marketing from discounts to highlighting our brand story and coffee leadership. We've taken steps on pricing transparency by removing the non-dairy milk upcharge. We've set a goal of a four-minute wait time in cafes and have provided additional coverage hours in over 3,000 stores. We've doubled paid parental leave for our U.S. retail teams and aim to promote internally for 90% of retail leadership roles in three years. We have much more work to do but I'm pleased with the progress we've made and appreciate how everyone has rallied around the plan. Our initial work has - rightly - focused on our U.S. and Canada stores and the store experience. However, as we look to transform our business globally, we also need to examine the role, structure and size of our support teams around the world. Across our support teams, we have many talented partners with deep expertise and a strong, skilled team that is driving impact for our customers, partners and business every day. As I've spent time working with teams across the business and observed how we work, it's also clear that we have some opportunities to operate more efficiently. Additional opportunities include: Increased ownership and accountability: We need to ensure all our work has a clear owner, who can make decisions, and who is accountable for achieving the goals. This will help us move faster. Clear priorities and reduced complexity: Our Back to Starbucks plan is the priority, and we need to stay focused, reduce complexity and remove conflicting goals. Better integration: We need to reduce silos and duplication of effort. Our size and structure can slow us down, with too many layers, managers of small teams and roles focused primarily on coordinating work. We need to meaningfully change how our support teams are organized and how we work, making sure that we have the capacity and capabilities to deliver on Back to Starbucks, and are prioritizing the areas that have the biggest impact on the experience in our stores. We have recently begun the work to define the support organization for the future. We are approaching this work thoughtfully, but it will involve difficult decisions and choices. I expect that, unfortunately, we will have job eliminations and smaller support teams moving forward. This work will not affect our in-store teams or the investments we are making in store hours. We will communicate changes by early March. I do not take these decisions lightly, and I appreciate that this will create uncertainty and concern between now and then. I wanted to be transparent about our progress and our plans and ensure that you hear about this work directly from me."
|
NMHI | Hot Stocks16:12 EST Nature's Miracle addresses Nasdaq delisting, steps forward - Nature's Miracle issued the following statement in response to the delisting notice from The Nasdaq Stock Market, which indicated that the Nasdaq Hearings Panel has determined to delist the company's common stock and warrants from Nasdaq due to the company's failure to comply with minimum shareholder's equity requirement under Nasdaq Listing Rule 5550(b). Trading in the company's common stock and warrants was suspended effective at the open of business on January 15. The company's common stock and warrants continue to trade on OTC Pink Sheet until the company relists with Nasdaq. "The company believes it presented a strong plan to the Nasdaq Hearings Panel, including that the company entered into a Securities Purchase Agreement with an institutional investor on January 10, 2025. The SPA was disclosed to the public on January 13, 2025, along with details of its closing conditions. This announcement, however, led to a 40% decline in the company's stock price on the same day. Nature's Miracle is working with legal counsel to ensure compliance with all regulatory requirements and to communicate material developments transparently. The company is not aware of any specific activity contributing to the stock's volatility on January 15, 2025. The company was not involved with the issuance of the January 14, 2025 press release by D. Boral, the company's placement agent for the transaction. Nature's Miracle is evaluating its options for relisting with Nasdaq after the company addresses the deficiency issue. The company remains steadfast in its commitment to restoring its Nasdaq listing and enhancing shareholder value. To this end, it is actively exploring strategic options, including potential mergers, acquisitions, and partnerships, to strengthen its financial position and operational capabilities. Nature's Miracle is also working closely with its legal and investor relations teams to provide timely updates to shareholders and other stakeholders. The company deeply values the continued trust and support of its investors and remains committed to transparent and constructive communication throughout this process."
|
CHWY | Hot Stocks16:07 EST Chewy CEO Singh sells 114,130 class A shares - In a regulatory filing, Chewy CEO Sumit Singh disclosed the sale of 114,130 class A shares of the company on January 15 at a price of $37.696 per share.
|
WBA | Hot Stocks15:50 EST DOJ files suit alleging Walgreens dispensed 'millions of unlawful prescriptions' - In a civil complaint filed yesterday in the U.S. District Court for the Northern District of Illinois, the Justice Department alleges that Walgreens Boots Alliance, Walgreen Co. and various subsidiaries dispensed millions of unlawful prescriptions in violation of the Controlled Substances Act and then sought reimbursement for many of these prescriptions from various federal health care programs in violation the False Claims Act, the DOJ announced. Principal Deputy Assistant Attorney General Brian Boynton, head of the Justice Department's Civil Division, said: "Our complaint alleges that Walgreens pharmacists filled millions of controlled substance prescriptions with clear red flags that indicated the prescriptions were highly likely to be unlawful, and that Walgreens systematically pressured its pharmacists to fill prescriptions, including controlled substance prescriptions, without taking the time needed to confirm their validity. These practices allowed millions of opioid pills and other controlled substances to flow illegally out of Walgreens stores." Reference Link
|
DOGZ | Hot Stocks15:15 EST Dogness Intl Corp Class A trading resumes
|
SCPX | Hot Stocks15:14 EST Scorpius Holdings cancels planned 1-for-20 reverse stock split - Scorpius Holdings announced that the company's planned 1-for-20 reverse stock split of its common stock that was announced yesterday, will not be effectuated.
|
OPK | Hot Stocks15:07 EST Opko, BioReference to pay over $700K to resolve False Claims Act allegations - BioReference Health LLC, formerly known as BioReference Laboratories Inc., and OPKO Health Inc. have agreed to pay $704,349 to resolve alleged violations of the False Claims Act arising from BioReference's submission of claims for laboratory tests that had not been ordered by a patient's provider. OPKO is a Delaware Corporation. BioReference, a subsidiary of OPKO, is headquartered in New Jersey and is one of the largest clinical laboratories in the United States. The United States alleged that BioReference and OPKO knowingly submitted false claims to federal healthcare programs for complete blood count (CBC) with automated white blood cell differential laboratory tests that were not medically necessary. Specifically, the United States alleged that, from Jan. 1, 2012, until March 1, 2023, BioReference and OPKO routinely performed more expensive CBC with WBC differential tests when, in fact, medical providers had ordered less expensive CBC with no WBC differential tests, and then billed federal healthcare programs for the more expensive and medically unnecessary tests. Reference Link
|
DINO | Hot Stocks15:05 EST HF Sinclair Navajo to settle Clean Air Act violations - The Justice Department, the Environmental Protection Agency and the New Mexico Environment Department announced a proposed settlement with HF Sinclair Navajo Refining LLC, an HF Sinclair Corp. subsidiary, resolving alleged Clean Air Act and New Mexico Air Quality Control Act violations at the company's oil refinery in Artesia, New Mexico. Under the settlement, HF Sinclair Navajo must pay a civil penalty of $35M, owed in equal shares to the United States and the State of New Mexico. The company must implement compliance measures at an estimated cost of $137M, including significant capital investments, to reduce emissions at its refinery. The compliance measures are projected to achieve reductions of: 180 tons per year of hazardous air pollutants, including benzene, 2,716 tons per year of volatile organic compounds, 51 tons per year of NOx and 31 tons per year of sulfur dioxide. These include reductions already achieved in response to EPA's investigations. All told, the emission reductions have a related climate benefit of reducing 97,551 tons per year of carbon dioxide emission equivalence. HF Sinclair Navajo also must operate 10 real-time air pollution monitors along the refinery fence line and one real-time air pollution monitor and six other passive monitors in the town of Artesia to measure refinery air pollution emissions and make the results available on a public website.
|
DOGZ | Hot Stocks15:05 EST Dogness Intl Corp Class A trading halted, volatility trading pause
|
MSFT... | Hot Stocks14:16 EST FTC releases staff report on large AI partnerships and investments - The Federal Trade Commission released a staff report with its Office of Technology staff's findings from the agency's study into large AI Partnerships and Investments. The FTC stated: "The last two years have seen the creation or expansion of three partnerships between the largest cloud service providers and prominent AI developers: Microsoft-OpenAI, Amazon-Anthropic, and Google-Anthropic. These partnerships have included more than $20 billion in cumulative financial investment and substantial non-monetary value exchange. Notably, each of the three CSP partners also develops AI models and products. In January 2024, the agency launched a market study into these partnerships using its 6(b) authority to better understand the partnerships and their potential implications for competition and consumers... The FTC will continue to use all of its tools, authorities, and the laws on the books to address AI market dynamics that may pose risks to consumers and competition." Reference Link
|
KR | Hot Stocks13:36 EST Kroger acquires land in Little Elm, Texas for new store - Davidson Bogel Real Estate announced its successful representation of Kroger in the acquisition of a 14-acre property in Little Elm, Texas from local investment firm Dollar-Flowers Realty Partners. The 14-acre site, located at US 380 and FM 2931, in one of the fastest-growing communities in North Texas, allows for Kroger to enhance its retail presence and serve the expanding population of Little Elm and surrounding areas with quality grocery offerings. Edward Bogel, Ryan Turner, and David Davidson Jr. of Davidson Bogel represented Kroger in the transaction. Dollar-Flowers was represented internally by Stewart Flowers. HEB owns the land directly west of the future Target but has not released timing for developing the land.
|
DSNKY | Hot Stocks13:24 EST FDA approves Daiichi Sankyo's Datroway for type of breast cancer - The Food and Drug Administration approved datopotamab deruxtecan-dlnk, known as Datroway, marketed by Daiichi Sankyo, a Trop-2-directed antibody and topoisomerase inhibitor conjugate, for adult patients with unresectable or metastatic, hormone receptor-positive, human epidermal growth factor receptor 2-negative breast cancer who have received prior endocrine-based therapy and chemotherapy for unresectable or metastatic disease. Reference Link
|
MFH | Hot Stocks13:19 EST Mercurity Fintech Holdings trading resumes
|
MFH | Hot Stocks13:14 EST Mercurity Fintech Holdings trading halted, volatility trading pause
|
GFS INTC | Hot Stocks13:12 EST GlobalFoundries up 8% to $44.11 after Bloomberg report on semi space
|
BKR | Hot Stocks13:01 EST Baker Hughes reports U.S. rig count down 4 to 580 rigs - Baker Hughes reports that the U.S. rig count is down 4 from last week to 580 with oil rigs down 2 to 478, gas rigs down 2 to 98 and miscellaneous rigs unchanged at 4. The U.S. Rig Count is down 40 rigs from last year's count of 620 with oil rigs down 19, gas rigs down 22 and miscellaneous up 1. The U.S. Offshore Rig Count is unchanged at 14, down 6 year-over-year. The Canada Rig Count is up 13 from last week to 229, with oil rigs up 12 to 156, gas rigs up 1 to 73 and miscellaneous rigs unchanged at 0. The Canada Rig Count is up 6 rigs from last year's count of 223 with oil rigs up 16, gas rigs down 10 and miscellaneous rigs unchanged.
|
BKR | Hot Stocks13:01 EST Baker Hughes reports U.S. rig count down 4 to 580 rigs
|
GSIT | Hot Stocks12:46 EST GSI Technology says seeing 'very large orders' from long-term customer - At the Needham Growth Conference, GSI Technology said it is seeing "very large orders" from a key long-term customer and forecasts through at least into the first few quarters of calendar 2025.
|
BLK | Hot Stocks12:44 EST Tennessee announces settlement with BlackRock over ESG practices - Tennessee Attorney General Jonathan Skrmetti announced a settlement with BlackRock, resolving allegations that the company misled consumers regarding the role of environmental, social, and governance factors in its investment practices. The settlement concludes a lawsuit filed by the State of Tennessee under the Tennessee Consumer Protection Act. BlackRock will increase its disclosure of proxy voting practices and implement compliance measures as part of the settlement. Reference Link
|
META... | Hot Stocks12:38 EST TikTok CEO thanks Trump for commitment to find solution - In a video message following today's Supreme Court ruling, TikTok CEO Shou Zi Chew said, "I want to thank President Trump for his commitment to work with us to find a solution that keeps TikTok available in the United States." Companies in the social media space that compete with TikTok include Meta (META), Alphabet's YouTube (GOOGL), Pinterest (PINS), Reddit (RDDT) and Snap (SNAP).
|
KOLD | Hot Stocks12:00 EST ProShares UltraShort Bloomberg Natural Gas rises 11.3% - ProShares UltraShort Bloomberg Natural Gas is up 11.3%, or $3.19 to $31.31.
|
MYTE | Hot Stocks12:00 EST Mytheresa rises 12.4% - Mytheresa is up 12.4%, or $1.04 to $9.46.
|
SMR | Hot Stocks12:00 EST Nuscale Power rises 13.5% - Nuscale Power is up 13.5%, or $2.73 to $23.01.
|
UNG | Hot Stocks12:00 EST United States Natural Gas Fund falls -6.5% - United States Natural Gas Fund is down -6.5%, or -$1.29 to $18.65.
|
QBTS | Hot Stocks12:00 EST D-Wave Quantum falls -6.6% - D-Wave Quantum is down -6.6%, or -39c to $5.42.
|
SOXS | Hot Stocks12:00 EST Direxion Daily Semiconductor Bear 3X Shares falls -7.2% - Direxion Daily Semiconductor Bear 3X Shares is down -7.2%, or -$1.44 to $18.50.
|
PKE | Hot Stocks11:29 EST Park Aerospace corrects 'incorrect reporting' about Q3 call and presentation - Park Aerospace reports "incorrect reporting" by independent transcription services and news articles relating to the company's Q3 investor conference call and investor presentation which occurred on January 14. The company states: "The company's fiscal year 2025 third quarter investor presentation made several references to the 'requalification', by one of the company's customers, of products supplied by one of the company's suppliers. In addition, during the third quarter investor conference call, Brian E. Shore, the company's Chairman and CEO, made several references to the 'requalification' or 'requal' of the supplier's products. Unfortunately, several independent computer or AI generated transcription services incorrectly reported the references during the investor conference call to the 'requalification' or 'requal' of the supplier's products as the 'recall' of its products. In addition, several news articles written about the company's third quarter investor conference call incorrectly reported that there was a 'recall' of the company's supplier's products. Apparently, the authors of these articles relied on the incorrect computer or AI generated transcriptions rather than the company's investor call presentation and the actual comments made by Mr. Shore during the investor conference call. There was no reference, in the company's third quarter investor presentation, to any recall of any products, and the term 'recall' was not used in the presentation. There was no reference, during the third quarter investor conference call, to any recall of any products. The term 'recall' was never used during the investor call. The company is not responsible for the accuracy of independent computer or AI generated transcriptions of, or independent reports about, the company's investor conference calls, and the company has no obligation to correct inaccuracies in such independently generated transcriptions or independent reports now or in the future. However, while a 'requalification' is a fairly common and benign event in the aerospace industry, a 'recall' has potentially very negative implications. Accordingly, the company has elected, in this instance, to correct the incorrect transcriptions and articles. As stated, there was no reference in the company's third quarter investor conference call or investor presentation to any 'recall' of any suppliers' products, and the company is not aware of any such recall."
|
STT | Hot Stocks11:27 EST State Street sees FY25 NII 'roughly flat' year-over-year - Says seeing 'strong momentum' across various businesses. Says pleased with 'meaningful progress' achieved in the investment services business. Says 'encouraged by strategic progress' in investment services business. Says product innovation continues to be a 'strategically important' growth driver for global advisors. Says continues to have 'solid momentum' in the front office. Says State Street Alpha continues to be 'important differentiator'. Says remains 'intensely focused' on maintaining expense discipline. Sees FY25 fee revenue up approx. 3%-5% year-over-year. Sees expenses up about 2%-3% year-over-year. Says expects continued 'productivity savings'. Sees positive fee and total operating leverage. Sees global equity markets up 5% from year-end 2024. Says interest rate outlook aligned with forward curve as of year-end 2024. Expects to see modest increase in volatility. Sees effective tax rate at or above 22%.
|
META... | Hot Stocks11:20 EST Trump says his decision on TikTok coming 'in not too distant future' - President-elect Donald Trump stated in a post to Truth Social: "The Supreme Court decision was expected, and everyone must respect it. My decision on TikTok will be made in the not too distant future, but I must have time to review the situation. Stay tuned!" Reference Link
|
STT | Hot Stocks11:13 EST State Street remains focused on 'consistently' returning capital to shareholders - Says Q4 results represents 'a strong close to a strong year'. Says executed well against objectives. Says pleased with 'improved' revenue performance. Says looks to drive further fee revenue growth in 2025 and beyond. Says remains focused on consistently returning capital to shareholders, targeting return of 80% of earnings. Says strategic actions have positioned State Street 'to compete better and win'. Says CFO search is progressing 'as planned'. Says announced the appointment of Mark Keating as interim CFO. Comments taken from Q4 earnings conference call.
|
PEP | Hot Stocks11:08 EST PepsiCo sued by FTC for rigging soft drink competition - The Federal Trade Commission sued PepsiCo alleging that the second-largest food company in the world has engaged in illegal price discrimination by providing one customer-a large, big box retailer-with unfair pricing advantages, while raising prices for competing retailers and customers. For years, Pepsi has disadvantaged retailers-ranging from large grocery chains to independent, local convenience stores-who compete with one of its largest big box customers by consistently giving that favored large, big box retailer customer key benefits and advantages, such as promotional payments, while denying those same benefits to its competitors, the FTC's complaint alleges. "When firms like Pepsi give massive retailers a leg up, it tilts the playing field against small firms and ultimately inflates prices for American consumers," said FTC Chair Lina M. Khan. "The FTC's action will help ensure all grocers and other businesses-no matter the size-can get a fair shake and compete on the merits of their skill, efficiency, and talent." Reference Link
|
INTC | Hot Stocks10:52 EST Intel up 6% to $20.89 after SemiAccurate report of buyout interest
|
WBS | Hot Stocks10:34 EST Webster Financial sees FY25 NII $2.45B-$2.50B - Assumes 2 fed funds rate cuts beginning in March. Sees FY25 adjusted non-interest income $370M-$390M. Expects adjusted expenses to be in range of $1.39B-$1.41B and efficiency ratio in range of 45%-47%. Sees deposit growth 4%-5%. Sees common equity tier 1 ratio near-term target 11% and long-term target 10.5%. Comments taken from Q4 earnings conference call presentation slides.
|
BDMD | Hot Stocks10:33 EST Baird Medical Investment Holdings Ltd trading resumes
|
HBAN | Hot Stocks10:29 EST Huntington Bancshares sees FY25 NII up 4%-5% - Sees FY25 average loans up 5%-7%, with average deposits up 3%-5%. Sees FY25 noninterest income up 4%-6% and noninterest expense up 3.5%-4.5%. Sees FY25 net chargeoffs 25-35bps.
|
BDMD | Hot Stocks10:28 EST Baird Medical Investment Holdings Ltd trading halted, volatility trading pause
|
GPRK | Hot Stocks10:16 EST GeoPark trading resumes
|
ATEX | Hot Stocks10:14 EST Anterix up after FCC proposes broadband services on 900 MHz band framework - Shares of Anterix are up $1.37, or 5%, to $29.20 in Friday morning trading after the Federal Communications Commission proposed to establish a framework that will enable increased broadband deployment on all ten megahertz in the 896-901/935-940 MHz band. In a notice of proposed rulemaking and order dated January 16, the FCC stated in part: "The transition from solely narrowband use to combined broadband and narrowband use has been achieved in many areas around the country through a negotiation-based mechanism where a broadband licensee, after protecting and/or negotiating the acquisition or relocation of most incumbents, is permitted to mandatorily relocate a limited percentage of remaining covered incumbents - except those with complex systems - from the new broadband segment by paying reasonable relocation costs, including providing comparable facilities. In 2021, the Commission began accepting applications for 900 MHz broadband segment licenses. Since then, over 130 counties across the country have been transitioned to include a 900 MHz broadband segment, including counties in California, Kansas, and Florida. Anterix, Inc., through PDV Spectrum Holding Company, LLC, holds nearly all of these 900 MHz broadband licenses. Other parts of the country remain narrowband only, while Guam, the Northern Mariana Islands, and American Samoa have no apparent 900 MHz licensees at all." Reference Link
|
ATEX | Hot Stocks10:10 EST Anterix jumps after FCC proposes framework for 900 MHz broadband - The shares are up 5% to $29.17 in morning trading.
|
META... | Hot Stocks10:07 EST Supreme Court rules against TikTok challenge of provisions of new law - In a ruling posted to the court's site, the Supreme Court stated: "As of January 19, the Protecting Americans from Foreign Adversary Controlled Applications Act will make it unlawful for companies in the United States to provide services to distribute, maintain, or update the social media platform TikTok, unless U. S. operation of the platform is severed from Chinese control. Petitioners are two TikTok operating entities and a group of U. S. TikTok users. We consider whether the Act, as applied to petitioners, violates the First Amendment... There is no doubt that, for more than 170 million Americans, TikTok offers a distinctive and expansive outlet for expression, means of engagement, and source of community. But Congress has determined that divestiture is necessary to address its well-supported national security concerns regarding TikTok's data collection practices and relationship with a foreign adversary. For the foregoing reasons, we conclude that the challenged provisions do not violate petitioners' First Amendment rights. The judgment of the United States Court of Appeals for the District of Columbia Circuit is affirmed." Companies in the social media space that compete with TikTok include Meta (META), Alphabet's YouTube (GOOGL), Pinterest (PINS), Reddit (RDDT) and Snap (SNAP). Reference Link
|
PEBK | Hot Stocks10:03 EST Peoples Bancorp announces special dividend of 16c per share - Peoples Bancorp of North Carolina announced the declaration of a special cash dividend in the amount of 16c per share. The special cash dividend will be paid on February 14, to shareholders of record on February 3.
|
HIMS | Hot Stocks10:00 EST Hims & Hers falls -6.5% - Hims & Hers is down -6.5%, or -$1.81 to $26.13.
|
UNG | Hot Stocks10:00 EST United States Natural Gas Fund falls -6.8% - United States Natural Gas Fund is down -6.8%, or -$1.36 to $18.58.
|
LUCK | Hot Stocks10:00 EST Lucky Strike falls -7.3% - Lucky Strike is down -7.3%, or -77c to $9.82.
|
MYTE | Hot Stocks10:00 EST Mytheresa rises 8.0% - Mytheresa is up 8.0%, or 67c to $9.09.
|
SSL | Hot Stocks10:00 EST Sasol rises 9.8% - Sasol is up 9.8%, or 49c to $5.47.
|
KOLD | Hot Stocks10:00 EST ProShares UltraShort Bloomberg Natural Gas rises 12.5% - ProShares UltraShort Bloomberg Natural Gas is up 12.5%, or $3.52 to $31.64.
|
XCUR | Hot Stocks09:58 EST Exicure Inc trading resumes
|
BYFC | Hot Stocks09:54 EST Broadway Financial trading resumes
|
XCUR | Hot Stocks09:53 EST Exicure Inc trading halted, volatility trading pause
|
BYFC | Hot Stocks09:49 EST Broadway Financial trading halted, volatility trading pause
|
ORN | Hot Stocks09:47 EST Orion Group rises 7.4% - Orion Group is up 7.4%, or 54c to $7.83.
|
SSL | Hot Stocks09:47 EST Sasol rises 9.7% - Sasol is up 9.7%, or 48c to $5.46.
|
KOLD | Hot Stocks09:47 EST ProShares UltraShort Bloomberg Natural Gas rises 13.4% - ProShares UltraShort Bloomberg Natural Gas is up 13.4%, or $3.77 to $31.89.
|
SOXS | Hot Stocks09:47 EST Direxion Daily Semiconductor Bear 3X Shares falls -5.9% - Direxion Daily Semiconductor Bear 3X Shares is down -5.9%, or -$1.17 to $18.76.
|
LUCK | Hot Stocks09:47 EST Lucky Strike falls -6.4% - Lucky Strike is down -6.4%, or -68c to $9.91.
|
UNG | Hot Stocks09:47 EST United States Natural Gas Fund falls -7.2% - United States Natural Gas Fund is down -7.2%, or -$1.43 to $18.51.
|
AEP | Hot Stocks09:44 EST American Electric pays $19M to settle SEC investigation - American Electric Power said it reached a settlement with the Securities and Exchange Commission, concluding and resolving in its entirety its involvement with respect to the SEC investigation which AEP previously disclosed, concerning AEP's relationship with and statements about Empowering Ohio's Economy, a social welfare organization, and AEP's related internal accounting and disclosure controls. Under the terms of the administrative order, in which AEP neither admits nor denies the SEC's findings, AEP has agreed to pay a civil penalty of $19M and to cease and desist from committing or causing any violations and any future violations of specified provisions of the federal securities laws and rules promulgated thereunder. AEP recorded an accrual for the full amount of the penalty in Q3.
|
BZAI | Hot Stocks09:42 EST BurTech Acquisition Corp trading resumes
|
STFS | Hot Stocks09:40 EST Star Fashion Culture Holdings Ltd trading resumes
|
META... | Hot Stocks09:38 EST Trump says spoke to China's Xi Jinping about trade, fentanyl and TikTok - President-elect Donald Trump stated in a post to Truth Social: "I just spoke to Chairman Xi Jinping of China. The call was a very good one for both China and the U.S.A. It is my expectation that we will solve many problems together, and starting immediately. We discussed balancing Trade, Fentanyl, TikTok, and many other subjects. President Xi and I will do everything possible to make the World more peaceful and safe!" Reference Link
|
BZAI | Hot Stocks09:37 EST BurTech Acquisition Corp trading halted, volatility trading pause
|
CRKN | Hot Stocks09:31 EST Crown Electrokinetics announces exclusive partnership with Electro Scan Inc. - Crown Electrokinetics announced that it has entered into an exclusive partnership with Electro Scan Inc., the developer of cutting-edge lead detection technology. Under this agreement, Crown has secured exclusive rights to deploy Electro Scan's advanced lead detection device, the Swordfish, across 48 U.S. states. This partnership firmly positions Crown's Element 82 as a leader in lead pipe detection solutions. Element 82 is expected to play a significant role in contributing to Crown's expected full year 2025 revenue guidance of $30M-$35M, highlighting the strategic value of this collaboration.
|
STFS | Hot Stocks09:30 EST Star Fashion Culture Holdings Ltd trading halted, volatility trading pause
|
BHC | Hot Stocks09:30 EST Bausch Health acknowledges XIFAXAN selection for Medicare Negotiation Program - Bausch Health Companies and Salix Pharmaceuticals acknowledged that the Centers for Medicare and Medicaid Services has selected XIFAXAN 550 mg tablets as one of the medicines for the second round of negotiation as part of the Inflation Reduction Act with an initial price applicability in 2027 of the Drug Price Negotiation program. The company said, "We look forward to engaging in open and transparent conversations with CMS, where we will share information on the value that XIFAXAN delivers for the healthcare system in addition to sharing recommendations from The American Association for the Study of Liver Diseases and the European Association for the Study of the Liver who gave XIFAXAN the highest possible recommendation via their practice guidelines. We will continue to be driven by our commitment to patients in advocating for a healthcare environment that supports patient access to critical medications as well as encouraging future innovation."
|
GPRK | Hot Stocks09:26 EST GeoPark trading halted, news pending
|
PEP | Hot Stocks09:21 EST PepsiCo closes acquisition of Siete Foods - PepsiCo announced that it has closed the acquisition of Garza Food Ventures LLC, dba Siete Foods, for $1.2B.
|
NVS | Hot Stocks09:21 EST Novartis files lawsuit against Biden administration over payment terms - Novartis has filed a lawsuit accusing the Biden administration of unlawfully preventing the company from changing payment terms to some hospitals that participate in the 340B Drug Discount Program. In its lawsuit, the company argued the U.S. Health Resources and Services Administration wrongfully interpreted a federal law concerning the use of rebates in the program. Novartis sells the Entresto heart drug, which was selected by Medicare for price negotiations. The agency wants manufacturers to ensure the 340B discount and maximum fair price under the Inflation Reduction Act are not applied to the same drug.Reference Link
|
TRNO | Hot Stocks09:16 EST Terreno Realty sells property in South San Francisco, CA for $8M - Terreno Realty sold an industrial property located in South San Francisco, California on January 16, 2025 for a sale price of approximately $8.0 million. The property consists of one industrial building containing approximately 22,000 square feet on 0.7 acres which is 100% leased to one tenant. The property was purchased by Terreno Realty Corporation on July 10, 2020 for $6.3 million. The unleveraged internal rate of return generated by the investment was 7.5%.
|
RGR | Hot Stocks09:15 EST Sturm Ruger appoints Todd Seyfert as president, CEO - Sturm, Ruger & Company announces the appointment of Todd Seyfert as its next President and Chief Executive Officer, effective March 1, 2025. Seyfert brings to Ruger a distinguished track record of driving corporate growth, profitability, and operational excellence across multiple manufacturing enterprises.
|
LPLA | Hot Stocks09:13 EST LPL Financial to pay civil penalty of $18M to settle SEC charges - The Securities and Exchange Commission announced charges against broker-dealer and investment adviser LPL Financial for multiple failures related to its anti-money laundering program. To resolve the SEC's charges, LPL agreed to pay a civil penalty of $18M and to implement improvements to its AML policies and procedures. Reference Link
|
AIMD | Hot Stocks09:13 EST Ainos granted 180-day extension to regain Nasdaq compliance - Ainos had received written notification from the Listing Qualifications Department of the Nasdaq Stock Market that the Company is eligible for a 180-day extension to regain compliance with the $1.00 minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2). As previously reported, on July 15, 2024, the Company received a deficiency letter from the Nasdaq notifying the Company that, for the last 30 consecutive business days, the closing bid price for the Company's common stock has been below the minimum $1.00 per share required for continued listing on The Nasdaq Capital Market pursuant to the Rule and the Company had been given 180 calendar days, or until January 13, 2025, to regain compliance with the Rule. Pursuant to the Written Notification, the Company now has until July 14, 2025 to meet the minimum bid price requirement. The Written Notification has no immediate effect on the listing or trading of the Company's shares, which will continue to trade on the Nasdaq Capital Market.
|
FIGS | Hot Stocks09:11 EST Figs won't pursue STORY3's unsolicited acquisition proposal - In a regulatory filing last night, Figs disclosed that on January 16, the company sent a letter to STORY3 Capital Partners, informing STORY3 that the company's board of directors, including a special committee of independent and disinterested directors with independent financial and legal advisors, after careful consideration, "remains confident in the company's standalone plan and prospects and has decided not to pursue STORY3's unsolicited acquisition proposal." Reference Link
|
PLBC | Hot Stocks09:09 EST Plumas Bancorp appoints Kevin Foster to board of directors - Plumas Bancorp announced the appointment of Kevin Foster to its Board of Directors, effective January 15, 2025. Foster retired in 2023 after a 40-year career in banking and technology. His most recent position was at Ernst & Young.
|
CUBE | Hot Stocks09:08 EST CubeSmart COO Joel Keaton to retire - CubeSmart announced that Joel Keaton, COO, will retire effective April 30, 2025. In connection with Keaton's planned retirement, the company is promoting proven leaders to assume his responsibilities. Following his retirement, Mr. Keaton will serve as a consultant to CubeSmart to ensure a smooth transition. In connection with Joel's retirement, the company announced the following leadership changes: Amy Cross will be promoted to Executive Vice President, Technology, Data Science, and Marketing. Cross currently serves as Senior Vice President, Information Technology and Revenue Management. Cross will report to President and CEO Christopher Marr. Guy Middlebrooks will be promoted to Executive Vice President, Operations. Middlebrooks currently serves as Senior Vice President, Third Party Management. In his new role, he will oversee the Company's field operations organization in addition to third party management and store transitions. Middlebrooks will also report to Marr.
|
RBB | Hot Stocks09:06 EST RBB Bancorp reschedules Q4, FY24 financial results report - RBB Bancorp rescheduled the release of financial results for its fourth quarter and year ended December 31, 2024 to after the markets close on Monday, February 3, 2025. The Company and its advisors require additional time to complete quarterly and year end-related analysis necessary to report financial results. Management will hold a conference call at 11:00 a.m. Pacific Time/2:00 p.m. Eastern Time on Tuesday, February 4, 2025 to discuss the Company's financial results.
|
RXT APO | Hot Stocks09:05 EST Rackspace appoints Jeffrey Benjamin as independent chairman of the board - Rackspace Technology (RXT) announced Board and executive transitions. The Company also re-affirmed financial guidance for the fourth quarter 2024, as previously provided in a press release issued on November 12, 2024. Jeffrey Benjamin will succeed David Sambur as Independent Chairman of the Board. Benjamin has been on the Rackspace Board since 2016 and chairs the Audit Committee. Benjamin has over 25 years of experience in investment management and has served on the boards of American Airlines Group and Caesars Entertainment Company, among others. Sambur, Partner and Co-Head of Equity at Apollo Global Management (APO), stepped down from the Rackspace Board after nine years of dedicated service. In addition, Vikram Mahidhar will be joining the Rackspace Board. Mahidhar has led the digital, data, and artificial intelligence team at Apollo Global Management as an Operating Partner within the Apollo Portfolio Performance Solutions group since 2021. The company also announced that Brian Lillie, President of Private Cloud, will be moving on from his position to focus on personal commitments. Rackspace CEO Amar Maletira will assume the role of Interim Leader for the Private Cloud business. The Company has initiated a search for Lillie's successor. Lillie is expected to remain with the Company in an advisory capacity until April 5, 2025.
|
MGM | Hot Stocks09:04 EST MGM Grand Hotel & Casino announces $300M room and suite remodel - MGM Grand Hotel & Casino is revealing details surrounding its $300M remodel encompassing all of the hotel's 4,212 rooms and suites within its main tower. The transformation, which is slated for completion in December 2025, is set to enhance the overall guest experience with modern, sophisticated design elements inspired by the flair of the disco era. The remodeled rooms will join a vibrant lineup of new dining and entertainment experiences set to open at MGM Grand later this year. The first phase of the main tower's newly remodeled rooms will be available for reservation beginning March 1. These new rooms and suites add to the diverse collection of remodeled accommodations available at MGM Grand, including the 700-room Studio Tower which was completed in 2022.
|
AMGN | Hot Stocks09:03 EST Amgen announces FDA approval of Lumakras in combination with Vectibix - Amgen announced that the U.S. FDA has approved Lumakras in combination with Vectibix for the treatment of adult patients with KRAS G12C-mutated metastatic colorectal cancer, as determined by an FDA-approved test, who have received prior fluoropyrimidine-, oxaliplatin- and irinotecan-based chemotherapy. Approval is based on the pivotal Phase 3 CodeBreaK 300 study, which demonstrated that Lumakras plus Vectibix is the first and only targeted treatment combination for chemorefractory KRAS G12C-mutated mCRC to show superior progression-free survival compared to the investigated standard-of-care.
|
BUSE CFB | Hot Stocks09:02 EST First Busey receives Federal Reserve approval to acquire CrossFirst Bancshares - First Busey Corporation (BUSE) has received the approval of the Federal Reserve to acquire by merger CrossFirst Bankshares (CFB). Both companies received shareholder approval for the transaction on Dec. 20, 2024. Busey and CrossFirst intend to close the holding company merger on March 1, 2025, subject to the satisfaction of the remaining customary closing conditions, including the receipt of approval from the Illinois Department of Financial and Professional Regulation. The transaction has also been approved by the Kansas Office of the State Bank Commissioner. Busey will operate CrossFirst Bank as a separate banking subsidiary of Busey until it is merged with Busey Bank, which is expected to occur in late June 2025. At the time of the bank merger, CrossFirst Bank banking centers will become branches of Busey Bank. Busey and CrossFirst have been actively engaged in integration planning since the announcement of the transaction.
|
WFC BAC | Hot Stocks09:02 EST Wells Fargo advisory firms, Merrill Lynch to pay $60M to settle SEC charges - The Securities and Exchange Commission on Friday announced settled charges against registered investment advisers Wells Fargo Clearing Services LLC (WFC) and Wells Fargo Advisors Financial Network LLC and against Merrill Lynch, Pierce, Fenner & Smith Incorporated (BAC) for failing to adopt and implement written policies and procedures reasonably designed to prevent violations of the Advisers Act and the rules thereunder relating to the firms' cash sweep programs. The firms agreed to settle the SEC's charges and pay $60M in total civil penalties. According to the SEC's orders, Wells Fargo Advisors and Merrill Lynch offered bank deposit sweep programs as the only cash sweep option for most advisory clients and received a significant financial benefit from advisory client cash in the BDSPs. The orders find that these firms or their affiliates set the interest rates offered in the BDSPs and that, during periods of rising interest rates, the yield differential between the BDSPs and other cash sweep alternatives at times grew to almost 4 percent. According to the orders, Wells Fargo Advisors and Merrill Lynch failed to adopt and implement reasonably designed policies and procedures (1) to consider the best interests of clients when evaluating and selecting which cash sweep program options to make available to clients, including during periods of rising interest rates, and (2) concerning the duties of financial advisors in managing client cash in advisory accounts. Without admitting or denying the SEC's findings, Wells Fargo Clearing Services, Wells Fargo Advisors Financial Network, and Merrill Lynch consented to the entry of orders finding that they violated the Advisers Act and ordering them to be censured and to cease and desist from violating the charged provisions. Wells Fargo Clearing Services agreed to pay a civil penalty of $28M; Wells Fargo Advisors Financial Network agreed to pay a civil penalty of $7M; and Merrill Lynch agreed to pay a civil penalty of $25M. Reference Link
|
BOC | Hot Stocks08:49 EST Boston Omaha appoints Graff to board of directors - Boston Omaha announced the appointment of David S. Graff to the Boston Omaha Corporation Board of Directors, effective immediately. Graff will serve as Chair of the Audit Committee and a member of the Compensation Committee.
|
OKLO | Hot Stocks08:48 EST Oklo, RPower join forces to accelerate power availability for data centers - Oklo has signed a memorandum of understanding with RPower, a leading provider of onsite prime and backup power solutions, to deploy a phased power model for data centers. This model combines immediate energy deployment using RPower natural gas generators with a transition path to clean, reliable energy from Oklo's Aurora powerhouses, eliminating reliance on diesel generators and supporting scalable, sustainable operations.
|
NOW | Hot Stocks08:48 EST ServiceNow signs agreement to acquire Cuein - ServiceNow announced it has signed an agreement to acquire Cuein. Cuein will help advance the effectiveness of ServiceNow AI Agents by enhancing their ability to understand, process, and transform data from siloed customer interactions across different channels and systems into a comprehensive analysis with actionable insights. This acquisition continues to fuel ServiceNow's roadmap in agentic AI and reinforces its role as the AI platform for business transformation.
|
VEEA | Hot Stocks08:47 EST Veea, Lynxspring announce collaborative strategic partnership - Veea and Lynxspring announced they have partnered to jointly rollout technologies and solutions that simplify data management, improve operational efficiency, and enable real-time decision-making for building owners and operators. "Lynxspring's 23+ years of experience in OT connectivity, technology development and deployment, integration and interoperability expertise and their ability to complement our technology and solutions through powerful software, hardware and support services make them an ideal partner for our company," said Allen Salmasi, Founder and CEO of Veea. "Integrating the Lynxspring platform with the Veea Edge platform enables us to address a wide range of use cases through combined offerings of our products and services."
|
BMBL | Hot Stocks08:46 EST Bumble appoints Herd as CEO, to succeed Jones - Bumble announced that Founder and Executive Chair, Whitney Wolfe Herd, will become Chief Executive Officer, effective mid-March 2025. Wolfe Herd will succeed Lidiane Jones, who has resigned from her role for personal reasons. Jones will continue as CEO until the transition takes effect.
|
LAES | Hot Stocks08:35 EST SEALSQ announces Common Criteria EAL5+ Certification for MS600X Platform - SEALSQ announced that its MS600X Secure Hardware Platform has been awarded the Common Criteria EAL5+ Certification. The Common Criteria Evaluation Assurance Level is a globally accepted standard for evaluating the security of IT products. The EAL5+ Certification is specifically tailored for products designed to protect high-value assets against sophisticated attacks
|
COHR | Hot Stocks08:34 EST Coherent announces availability of Ultrabroadband Diffraction Gratings - Coherent announced the launch of its Ultrabroadband UV-VIS and VIS-NIR Diffraction Gratings. The company said, "These cutting-edge optics set a new standard in optical system performance, offering unmatched design flexibility, precision and efficiency for various applications in the life science and medical markets. Diffraction gratings are vital optical components that use finely spaced grooves to diffract light into its constituent wavelengths, enabling precise spectral analysis and control. By simplifying complex optical systems and enhancing system efficiency, these gratings are transforming life sciences, medical diagnostics, and industrial applications."
|
BTOC AMZN | Hot Stocks08:33 EST Armlogi announces integration of Amazon Shipping into shipping solutions - Armlogi Holding (BTOC) announced the integration of Amazon Shipping (AMZN) into its suite of shipping solutions. This new addition is expected to enhance Armlogi's shipping capabilities, providing customers with more efficient and cost-effective options for parcel delivery. Since its launch last week, Amazon Shipping has already enabled Armlogi to handle thousands of parcels daily.
|
BRFH | Hot Stocks08:32 EST Barfresh announces customer wins in West Coast education market - Barfresh Food Group announced multiple new customer wins on the West Coast education market, adding more than 1,400 schools. Many of these new school district partnerships are already actively serving Barfresh's portfolio of smoothie beverages, including its Twist & Go carton and bottled smoothie products, to their student populations. These new schools include a new partnership with Revolution Foods, which serves approximately 900 schools and approximately 200,000 meals a day. Revolution Foods now serve Barfresh Twist & Go smoothies on its breakfast menus.
|
APD | Hot Stocks08:32 EST Air Products board urges shareholders to vote on the white proxy card - Air Products' Board of Directors issued an open letter to shareholders in connection with its upcoming 2025 Annual Meeting of Shareholders, which will be held at 8:30 a.m. U.S. Eastern Time on January 23. It stated, in part, "Dear Fellow Shareholder, This year's Annual Meeting is only days away and we urge you to protect the value of your investment in Air Products by voting "FOR" ONLY Air Products' nominees on the WHITE proxy card. While Air Products successfully executes a long-term strategy for growth and value creation, Mantle Ridge continues to run a disruptive and misguided campaign focused on impeding our significant progress in favor of its own short-term goals. Support for Mantle Ridge and its insufficiently qualified and highly conflicted nominees would bring about value destruction and jeopardize Air Products' prospects."
|
NVO | Hot Stocks08:23 EST Novo Nordisk drops after Ozempic selected for U.S. price negotiations - The stock is down 3%, or $2.81, to $80.26 in premarket trading.
|
NVO | Hot Stocks08:21 EST Novo Nordisk drops after Ozempic selected for price U.S. negotiations - The stock is down 3%, or $2.81, to $80.26 in premarket trading.
|
NVO... | Hot Stocks08:19 EST Ozempic, Xtandi among next 15 drugs selected for U.S. price talks - The Department of Health and Human Services, through the Centers for Medicare & Medicaid Services, announced the selection of 15 additional drugs covered under Medicare Part D for price negotiations. In accordance with the Inflation Reduction Act, the negotiations with participating drug companies for these 15 drugs will occur in 2025 and any negotiated prices will become effective in 2027, the agency said in a statement. The selected drug list for the second cycle of negotiations is: Novo Nordisk's (NVO) Ozempic, Rybelsus, and Wegovy, GSK's (GSK) Trelegy Ellipta, Pfizer's (PFE) Xtandi, Bristol Myers' (BMY) Pomalyst, Pfizer's (PFE) Ibrance, Boehringer Ingleheim's Ofev, AbbVie (ABBV) and Ironwood's (IRWD) Linzess, AstraZeneca's (AZN) Calquence, Teva's (TEVA) Austedo, GSK and Theravance's (TBPH) Breo Ellipta, Boehringer's Tradjenta, Salix's (BHC) Xifaxan, AbbVie's Vraylar, Merck's (MRK) Janumet, and Amgen's (AMGN) Otezla. Companies with a selected drug will have until February 28 to decide if they will participate in negotiations. Reference Link
|
TD | Hot Stocks08:18 EST TD Bank approves amendments to its Corporate Governance Guidelines - The Board has approved amendments to its Corporate Governance Guidelines to reduce the discretionary director term extension from five years to two years after an initial 10-year term. In keeping with this new policy, Amy Brinkley, Colleen Goggins and Karen Maidment will retire from the Board at the 2025 Annual Meeting of Shareholders scheduled for April 10. Claude Mongeau and Brian Ferguson have elected not to seek an extension under the new policy and will also retire at the shareholders' meeting. Other than Mr. MacGibbon, the remaining incumbent directors have joined the Board since 2020. MacGibbon has informed the Board that he will step down as Chair and retire as a director by December 31. The Corporate Governance Committee has initiated a Chair succession process. Until a new Chair is selected, MacGibbon will provide continuity as he guides the Board's renewal and supports a successful CEO transition.
|
OPTT | Hot Stocks08:17 EST Ocean Power appoints three members to Advisory Board - Ocean Power Technologies announced that concurrent with the completion of the Company's 2024 Annual Meeting of Stockholders on January 16, 2025, the OPT Board of Directors has appointed Natalie Lorenz-Anderson, Rear Admiral Joseph DiGuardo and Rear Admiral Victorino Mercado as Advisory Board Members. The Advisory Board Members will provide advice and recommendations to the OPT Board with respect to matters as the Board may from time-to-time request concerning operations, strategic plans and commercial plans. Lorenz-Anderson previously served as a member of the Board but elected not to stand for re-election at the 2024 Annual Meeting due to increased demands on her time associated with other professional commitments, including her involvement in MIT. In addition, Mr. DiGuardo and Mr. Mercado previously served as consultants to the Board.
|
TD | Hot Stocks08:16 EST TD Bank COO Raymond Chun to be appointed CEO on February 1 - Raymond Chun, currently COO, will be appointed Group President and CEO on February 1, accelerating the previously announced transition date of April 10. Upon Chun's appointment, Bharat Masrani will retire as Group President and CEO and from the Board of Directors. Masrani will remain available to the Bank in an advisory capacity until July 31; during the transition, he will provide continuity on the Bank's critical Anti-Money Laundering remediation effort.
|
ZTEK | Hot Stocks08:12 EST Zentek provides update on ZenGUARD Enhanced Air Filters in Canada - Zentek provided an update on the launch of ZenGUARD Enhanced Air Filters in the Canadian Market. The Company is prioritizing the completion of all required documentation to support the manufacture and sale of ZenGUARD Enhanced Air Filters under its existing medical device establishment licence alongside ZenGUARD Surgical Masks. This documentation will be completed in compliance with Canadian Medical Device Regulations and ISO 13485:2016 Quality Management System for medical devices. The Company is targeting initial sales to early adopters by the end of March, 2025. Zentek's Canadian manufacturing partner will produce finished ZenGUARD Enhanced Air Filters, which the Company will then sell directly to its customers and potentially others in the manufacturing partner's extensive sales network. Zentek has previously completed its Innovative Solutions Canada Testing Stream contract to validate ZenGUARD Enhanced Air Filters as a safe and effective device to mitigate the transmission of disease. As a result, this innovation is eligible for purchase by the Government of Canada through the Pathway to Commercialization opportunity. Once ZenGUARD Enhanced Air Filters are added to the Company's MDEL, Zentek will work diligently with Public Services and Procurement Canada to begin supplying its innovation to the Federal Government and report the associated cost savings and emission reductions to each specific agency..
|
ARWYF | Hot Stocks08:10 EST ARway CEO acquires 3.79M shares of company stock - ARway.ai has issued the CEO of the Company an aggregate of 3,786,363 common shares at a deemed price of $0.055 per Share in satisfaction of outstanding indebtedness in the aggregate amount of $208,250. The CEO has elected to take common shares instead of cash for his salary compensation for the past few years.
|
LCFY | Hot Stocks08:09 EST Locafy launches enhanced Partner Program - Locafy announced the launch of its enhanced Partner Program, marking a strategic shift from its previous reseller model. The company also announced a new partnership with Unique Point, a digital marketing agency led by industry veteran Tony Bulic. The program focuses on collaborating with established industry leaders who can drive significant volume in their respective markets, including real estate, home services, and other key verticals. This targeted approach allows Locafy to maintain high service standards while expanding its market presence through strategic partnerships.
|
GSIT | Hot Stocks08:08 EST GSI Technology selected for U.S. Army SBIR contract - GSI Technology has been selected by the U.S. Army for a potential contract award of up to $250,000 under the DoD Small Business Innovation Research program. The contract represents a significant opportunity for GSI to develop advanced, Army-specific edge computing AI solutions using its groundbreaking Gemini-II technology. First, GSI will determine the feasibility of integrating Gemini-II with AI models specifically tailored for the Army's edge computing needs. This will involve a comprehensive assessment of operational challenges, optimization with the Gemini-II architecture, and establishing key performance metrics through detailed customer discovery and technical specifications for edge AI development. The second objective centers on identifying and validating the most suitable AI algorithms for the Gemini-II platform. GSI will conduct in-depth research to select efficient edge AI models, develop a detailed integration plan, and evaluate performance metrics for low-latency and high-throughput applications of value in military environments.
|
HEPS | Hot Stocks08:07 EST Hepsiburada, Vodafone Turkiye partner to enhance customer experience - D-MARKET Electronic Services & Trading d/b/a Hepsiburada and Vodafone Turkiye have announced a strategic collaboration aimed at enhancing customer experience in the e-commerce and telecommunication sectors. The collaboration integrates the new "Hepsiburada for Vodafone Users" platform into the Vodafone Yanimda app, which has over 16 million users. Hepsiburada will manage the end-to-end e-commerce operations on this new platform, providing easy access to Hepsiburada's 280 million SKUs across more than 30 product categories. Customers shopping on this platform will benefit from rewards, including free data, special discounts, and promotions.
|
IPA | Hot Stocks08:06 EST ImmunoPrecise Antibodies realigns pipeline strategy, AI-powered pipeline - ImmunoPrecise Antibodies announced the launch of its AI-powered pipeline of both optimized and new therapeutics. By combining advanced artificial intelligence with first-principles thinking, the BioStrand pipeline reimagines drug discovery, offering unmatched speed, precision, and transparency.
|
AREB | Hot Stocks08:06 EST American Rebel signs distribution agreement with Tramonte Distributing - American Rebel Holdings has signed a distribution agreement with Tramonte Distributing for a six county region of northeast Ohio, including the city of Akron.
|
AMIX | Hot Stocks08:05 EST Autonomix finalizes design of ASIC microchip for sensing technology catheter - Autonomix Medical has finalized the design, achieving "design lock", for its Application Specific Integrated Circuits microchip following the successful completion of in vivo preclinical testing and extensive bench testing, continuing progress toward its U.S. pivotal trial.
|
IMAX NFLX | Hot Stocks08:04 EST Imax in pact with Netflix for 'Narnia' film release - Imax Corporation (IMAX) announced that it has entered into an agreement with Netflix (NFLX) to debut director Greta Gerwig's forthcoming film "Narnia" exclusively across the Imax global theater network with a two-week run beginning Thanksgiving 2026. Reference Link
|
KBH | Hot Stocks08:03 EST KB Home announces opening of community in Robla - KB Home announced the grand opening of Archer Estates in Robla, a prime Sacramento neighborhood. The one- and two-story homes at Archer Estates offer up to six bedrooms and four baths.
|
URI | Hot Stocks08:02 EST United Rentals names Brandt to board of directors - United Rentals announced Julie Brandt has joined the company's board of directors, effective immediately. Her appointment expands the composition of the board to 11 members, nine of which are independent directors.
|
KBH | Hot Stocks08:02 EST KB Home announces opening of community in Washington - KB Home announced the grand opening of Stillwater, a new community of two-story homes in desirable Lake Stevens, Washington. The community's floor plans feature up to five bedrooms and three-and-a-half baths, with some plans offering daylight basements.
|
LUV | Hot Stocks08:01 EST Southwest completes IATA Operational Safety Audit - Southwest Airlines announced another milestone in its commitment to Safety and transformational journey with the successful completion of the IATA Operational Safety Audit. IOSA is a flagship program of the International Air Transport Association.
|
QSI | Hot Stocks08:01 EST Quantum-Si announces inducement grants under Nasdaq listing rule - Quantum-Si announced that the Compensation Committee of Quantum-Si's Board of Directors has granted 44,893 restricted stock units to new employees under the Company's previously adopted Quantum-Si Incorporated 2023 Inducement Equity Incentive Plan, as amended. The RSUs were granted as an inducement material to the new employees becoming an employee of Quantum-Si in accordance with Nasdaq Listing Rule 5635(c)(4).
|
WKEY LAES | Hot Stocks07:57 EST WISeKey announces integration of SEALCOIN with WISeSat satellite platform - WISeKey International (WKEY) announces the integration of its SEALCOIN with the WISeSAT satellite platform. The company said, "This innovative development allows secure, decentralized cryptocurrency transactions to be processed via low-orbit satellites, marking a significant leap in global financial inclusion and blockchain infrastructure. Of note, both entities are subsidiaries of WISeKey: SEALCOIN AG focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform, while WISeSat AG focuses on space technology for secure satellite communication, specifically for IoT applications. The integration leverages WISeSAT satellites secured by SEALSQ's (LAES) VIC-408 secure semiconductor technology, allowing them to function as blockchain nodes in orbit to validate, store, and secure SEALCOIN transactions. Users can initiate transactions through secure wallets or IoT-enabled devices."
|
PRZO | Hot Stocks07:56 EST ParaZero receives Israel MOD approval for HALO Precision Airdrop System - ParaZero Technologies has received official approval from the Israeli Defense Export Controls Agency under the Ministry of Defense for the marketing of its HALO Precision Airdrop System.
|
VST | Hot Stocks07:51 EST Vistra extends selloff, shares down 7% to $161.94 amid plant fire
|
BNAI | Hot Stocks07:41 EST Brand Engagement Network prepares for 2025 Automotive AI Agent rollout - BEN is finalizing preparations to launch its Automotive AI Agent, a solution that integrates with major automotive data and service platform providers and supports over 13,000 dealerships nationwide. This initiative highlights BEN's strong commitment to the automotive sector. The AI Agent streamlines dealership operations by improving lead conversion, automating scheduling, enhancing service efficiency, and providing advanced analytics. Additionally, BEN plans to expand its efforts through pilot programs in the Midwest, stronger reseller partnerships in Mexico, and collaborations with Canadian dealership groups. These initiatives showcase BEN's dedication to delivering innovative, safe, scalable, and data-driven solutions to meet the evolving needs of automotive dealerships.
|
BNAI | Hot Stocks07:40 EST Brand Engagement Network terminates reseller relationship with AFG - Brand Engagement Network announced the termination of its Exclusive Reseller Agreement with AFG Companies, Inc. and the filing of a lawsuit in the Northern District of Texas, Dallas Division, against AFG and its CEO, Ralph Wright Brewer III. The lawsuit alleges fraudulent misrepresentation, breach of contract, and the concealment of a ransomware attack on their network shortly before the agreement was executed. The company said, "The Agreement, signed in August 2023, was intended to expedite BEN's entry into the automotive market. However, AFG's failure to provide access to the agreed-upon operational-ready data platform hindered BEN's ability to deliver its AI solutions to dealerships. BEN believes these issues caused significant delays in key automotive initiatives and irreparably damaged trust in the partnership."
|
QNTM HUGE | Hot Stocks07:36 EST Quantum BioPharma to be in court with Raza Bokhari on January 24 - Quantum BioPharma (QNTM) will be back in the Ontario Superior Court of Justice on January 24, 2025. Quantum BioPharma is seeking a Court Order declaring Dr. Raza Bokhari, current CEO of Medicus Pharma, to be a vexatious litigant. Dr. Raza Bokhari was CEO of FSD Pharma (HUGE) now Quantum BioPharma, in 2019 and was terminated for cause in July 2021. As previously disclosed in Quantum BioPharma's news releases issued May 11, 2023, October 4, 2023 and February 5, 2024, Arbitrator Cunningham dismissed Dr. Bokhari's claim that the Company had wrongfully dismissed him, awarding FSD Pharma approximately C$2.81M in costs of the arbitration plus interest. Also, $175,000 in costs were awarded by Justice Conway in respect of the set aside application, and $5,000 in costs were awarded by the Court of Appeal in respect of Dr. Raza Bokhari's failed motion for leave to appeal. Dr. Raza Bokhari filed a re-consideration motion with the Court of Appeal of Ontario which is pending. Quantum BioPharma filed and served a Petition to Confirm Arbitration Award in the United States District Court for the Eastern District of Pennsylvania to formally begin the process to collect the monies awarded from Dr. Raza Bokhari. An Order was granted and Judgment was entered in favor of FSD Pharma, now Quantum BioPharma, and against respondent Dr. Raza Bokhari on June 27, 2024 as follows: 1. $147,301.04 plus interest at a rate of 4% per annum from November 9,2022, until the date the Judgment is satisfied, accruing interest of $16.14 per day; 2. C$31,912.55 plus interest at a rate of 4% per annum from November 9,2022, until the date the Judgment is satisfied, accruing interest of C$3.49 per day; 3. C$15,000, plus interest at a rate of 4% per annum from March 1, 2023,until the date the Judgment is satisfied, accruing interest of C$1.64 per day; and 4. C$2,814,229.15, plus interest at a rate of 6% per annum from May 7, 2023 until the date the Judgment is satisfied, accruing interest of $462.61 per day. Dr. Raza Bokhari also appealed this Order and Judgment and was granted stay and provided the supersedeas bond for $2,882,441.48 through the date of the issuance of the mandate by the United States Court of Appeals for the Third Circuit. Judgment by the United States Court of Appeals is pending.
|
WDC | Hot Stocks07:34 EST Western Digital says Jabre to resign, searching for CFO for hard disk drive unit - In a regulatory filing last night, Western Digital disclosed that on January 10, Wissam Jabre, the company's Executive Vice President and Chief Financial Officer, notified the company that he does not intend to continue in the role of Chief Financial Officer of the company's hard disk drive business following the previously announced separation of its flash business pursuant to a spin-off transaction. Jabre is resigning from the company to pursue other opportunities effective February 28, when the company anticipates it will have completed the separation. "The company has commenced a comprehensive search for the role of Chief Financial Officer of the company's hard disk drive business following the separation," the filing noted. Reference Link
|
NEXCF | Hot Stocks07:33 EST Nextech3D.AI CEO acquires 21M shares of company stock - Nextech3D.AI has entered into an agreement with the CEO of the Company to issue an aggregate of 21,046,338 common shares at a deemed price of $0.065 per Share in satisfaction of outstanding indebtedness in the aggregate amount of $1,368,012. The CEO has elected to take common shares instead of cash for his salary compensation for the past few years.
|
ZLAB | Hot Stocks07:33 EST Zai Lab announces China's NMPA accepted NDA for KarXT - Zai Lab announced that China's National Medical Products Administration, NMPA, has accepted the New Drug Application, NDA, for KarXT for the treatment of schizophrenia in adults. "There are more than 8 million patients living with schizophrenia in China who face significant unmet needs due to the limited efficacy and undesirable side effects of current treatment options," said Dr. Rafael Amado, M.D., President, Head of Global Research and Development at Zai Lab. "In clinical trials, KarXT demonstrated statistically significant reductions of schizophrenia symptoms along with a tolerable safety profile. If approved, KarXT has the potential to redefine the treatment landscape."
|
OUST | Hot Stocks07:31 EST Ouster announces departure of CFO Weinswig - Ouster announced the departure of its Chief Financial Officer, Mark Weinswig, effective January 31, 2025, to pursue a new career opportunity. Weinswig will assist the Company to ensure a successful transition of responsibilities prior to his departure. Weinswig's resignation is not a result of any disagreement related to the Company's operations, policies or practices, including any accounting principles and practices, or related to any financial statements or disclosures.
|
VST | Hot Stocks07:27 EST Vistra falls as fire breaks out at Moss Landing Power Plant - A fire broke out last night at Vistra's Moss Landing Power Plant and adjoining lithium-ion battery facility on the Monterey County coast in Central California. The Monterey County Sheriff's Office issued evacuation orders for areas surrounding the plant. Shares of Vistra are down 3%, or $5.60, to $168.40 in premarket trading.
|
WMT | Hot Stocks07:23 EST Walmart unveils new 350-acre campus in Bentonville - Walmart unveiled its New Home Office campus in Northwest Arkansas, a 350-acre designed workplace. This campus establishes a new standard for corporate headquarters that prioritizes worker well-being, environmental stewardship, and public accessibility.
|
GCTS | Hot Stocks07:21 EST GCT Semiconductor participates in exclusive Armaco Digital event - GCT Semiconductor announced the participation in the Aramco Digital event, held in collaboration with the 450 MHz Alliance, on January 20-22 at the Sofitel Al Khobar The Corniche Hotel in Dhahran, Saudi Arabia. GCT will gather with industry leaders and innovators to discuss the global evolution and next generation of 450 MHz solutions.
|
NVO | Hot Stocks07:20 EST Novo Nordisk's Semaglutide 7.2mg s.c. achieved 21% weight loss in STEP UP trial - The company states: "Novo Nordisk announced headline results from STEP UP, a phase 3b trial in the global STEP programme. STEP UP is a 72-week efficacy and safety trial investigating subcutaneous semaglutide 7.2 mg compared to semaglutide 2.4 mg and placebo, all administered once weekly. The trial included 1,407 randomised adults with obesity. All treatment arms were in conjunction with lifestyle intervention. The trial achieved its primary endpoint by demonstrating a statistically significant and superior weight loss at week 72 with semaglutide 7.2 mg versus placebo. When evaluating the effects of treatment if all people adhered to treatment1 from a mean baseline body weight of 113 kg, people treated with semaglutide 7.2 mg achieved a superior weight loss of 20.7% after 72 weeks compared to a reduction of 17.5% with semaglutide 2.4 mg and 2.4% with placebo. In addition, 33.2% of those who received semaglutide 7.2 mg achieved a weight loss of 25% or more after 72 weeks, compared to 16.7% with semaglutide 2.4 mg and 0.0% with placebo. When applying the treatment policy estimand2, people treated with semaglutide 7.2 mg achieved a superior weight loss of 18.7% compared to a reduction of 15.6% with semaglutide 2.4 mg and 3.9% with placebo. In the trial, semaglutide 7.2 mg appeared to have a safe and well-tolerated profile. The most common adverse events were gastrointestinal, and the vast majority were mild to moderate and diminished over time, consistent with the GLP-1 receptor agonist class. The results from the second semaglutide 7.2 mg phase 3 trial, STEP UP T2D, in adults with type 2 diabetes and obesity are expected within the next few months."
|
CSTL | Hot Stocks07:20 EST Castle Biosciences to share data on DecisionDx-SCC - Castle Biosciences will share data supporting its dermatologic portfolio of tests for skin cancer, DecisionDx-SCC, DecisionDx)-Melanoma and MyPath Melanoma, through poster presentations at the annual Maui Derm Hawaii meeting, being held Jan. 20-24, 2025, in Maui, Hawaii. The Company's poster on DecisionDx-SCC, which was selected as a "Late Breakers" top five finalist for the best poster Akamai Award, shares new data from a study involving Castle's largest cohort of patients with cutaneous squamous cell carcinoma, SCC, to date. This study demonstrates improved risk stratification of patients with SCC tumors located on the head or neck when the test's results are combined with Brigham and Women's Hospital staging.
|
UMAC | Hot Stocks07:19 EST Unusual Machines adds electronic speed controller to Blue UAS Framework - Unusual Machines announced the release of the Rotor Riot Brave 55A ESC and its addition to the Blue UAS Framework. This product addresses the critical need for non-Chinese, NDAA-compliant components in the U.S. drone industry. Unusual machines now has two drone components placed on the Blue UAS Framework.
|
FRSX | Hot Stocks07:10 EST Foresight's Eye-Net achieves Euro NCAP compliance validation for V2X solution - Foresight Autonomous Holdings announced that its wholly owned subsidiary, Eye-Net Mobile has passed field tests conducted by UTAC. The field tests were conducted under the European New Car Assessment Programme regulations. The evaluation by UTAC is part of Eye-Net's collaboration with Software Republique in its roadmap to deploy Eye-Net's digital services in France. The company said, "The trials validated the effectiveness of Eye-Net's cellular vehicle-to-everything technology in enhancing road safety and preventing collisions. The tests, utilizing an autonomous vehicle and automated validation platforms connected to the Eye-Net solution, simulated real-world collision scenarios and achieved a perfect 100% success rate. In each scenario, the system consistently triggered the autonomous vehicle's automatic emergency braking system, in time to enable safe braking and collision prevention, with alert timing variations of less than 20 milliseconds."
|
TECK | Hot Stocks07:08 EST Grid Metals announces TSX-V approval of Makwa option, JV agreement - Grid Metals announced TSX-V approval of its definitive option and joint venture agreement with Teck Resources. Grid has also received the C$400,000 minimum cash payment that was due from Teck by January 31, 2025 as required under the Agreement.
|
HBAN | Hot Stocks07:06 EST Huntington Bancshares reports Q4 net interest margin 3.03% vs. 3.07% last year
|
SMX | Hot Stocks07:05 EST SMX announces deployment of hardware protection tech for various applications - SMX announced the deployment of its proprietary hardware protection technology designed for various applications, in the rapidly evolving fields of cyber hardware and electronics, including as applied to the Artificial Intelligence industry. The company said, "Leveraging patented sub-molecular marking, and using micro-GPS trackers and advanced blockchain encryption, the SMX technology is designed to ensure unprecedented traceability and security for electronic hardware, by integrating seamlessly into manufacturing processes and to enable full authentication. This system offers: Real-Time Authentication and Control: Authorities and manufacturers can monitor, approve, identify and verify origination of sources, to mitigate risks and anti-tampering, ensuring compliance with geolocation and ownership restrictions. Blockchain-Based Digital Twin IOT2: Each marked component is paired with a tamper-proof digital twin, enabling lifecycle tracking and fraud prevention. Circular Economy Enablement: SMX's solution supports the recycling and reuse of e-waste, reducing reliance on virgin raw materials and promoting sustainability."
|
OCUL | Hot Stocks07:04 EST Ocular Therapeutix reports inducement grant under Nasdaq listing rule - Ocular Therapeutix has granted inducement awards to one newly hired employee. The awards were made as inducements material to the individual's acceptance of employment with Ocular under Ocular's 2019 Inducement Stock Incentive Plan in accordance with Nasdaq Listing Rule 5635(c)(4). The inducement equity awards were granted effective as of January 13, 2025 and consist of a non-statutory stock option to purchase up to 95,600 shares of Ocular's common stock at a per share exercise price equal to the closing price of Ocular's common stock on The Nasdaq Global Market on the effective date of grant, and a restricted stock unit award representing the right to receive 31,375 shares of Ocular's common stock. The stock option has a ten-year term and is scheduled to vest over four years, with 25% of the original number of shares vesting on January 13, 2026 and the remainder vesting in equal monthly installments over the three years thereafter, subject to the individual's continued service to Ocular through the applicable vesting dates. The restricted stock unit award is scheduled to vest over three years, in equal annual installments, with the first annual installment vesting on January 13, 2026, and subject to the recipient's continued service to Ocular through the applicable vesting dates.
|
IMCC | Hot Stocks07:04 EST IM Cannabis announces change of auditors - IM Cannabis announces that it has changed its auditor from Kost Forer Gabbay & Kasierer, a member of Ernst & Young Global to Fahn Kanne & Co. Grant Thornton Israel, effective January 16. The Predecessor Auditor resigned effective January 16 at the company's request, and the company's board of directors, upon the audit committee's recommendation, appointed the Successor Auditor to fill the resulting vacancy until the close of the next annual meeting of the company's shareholders.
|
AUTL | Hot Stocks07:03 EST Autolus Therapeutics presents clinical data updates at Tandem Meetings - Autolus Therapeutics announces an oral presentation and three poster presentations accepted to the 2025 Tandem Meetings Transplantation & Cellular Therapy Meetings of ASTCT and CIBMTR, being held from February 12-15, 2025, in Hawai'i Convention Center, Honolulu, HI. Oral: Title: Risk Factors Associated with Sub-Optimal Outcomes and Hematotoxicity Following Obecabtagene Autoleucel or Relapsed/Refractory B-Cell Acute Lymphoblastic Leukemia: Summary: Risk-stratification for hematotoxicity, using pre-LD clinical parameters together with disease burden, has potential use for identifying patients more likely to benefit from obe-cel treatment and experience reduced toxicity. Patients with low-risk hematotoxicity scores had consistently better outcomes than patients with high-risk hematotoxicity scores. Abstract 24949 - Poster: Title: An Economic Model Comparing the Costs Associated with Cytokine Release Syndrome and Immune Effector Cell-Associated Neurotoxicity Syndrome Among Patients Treated with Chimeric Antigen Receptor T-Cell Therapies for Relapsed/Refractory B-Cell Acute Lymphoblastic Leukemia: Summary: A decision tree economic model was developed using rates and median durations of AEs reported in the FELIX and ZUMA-3 trials. Obe-cel was associated with lower CRS- and ICANS-related healthcare costs versus brexu-cel, primarily due to lower rates of Gr 3/4 AEs and faster resolution of these events. These results suggest that obe-cel improves resource utilization and reduces healthcare costs versus other CAR T-cell therapies for R/R B-ALL. Abstract 26113 - Poster: Title: Comparison of Obecabtagene Autoleucel Versus an External Control Arm in Adult Patients with Relapsed/Refractory B-Cell Acute Lymphoblastic Leukemia: Summary: The study was designed to report efficacy and safety outcomes of obe-cel in FELIX patients vs. patients treated with non-CAR T-cell standard of care therapies in a matched External Control Arm. Obe-cel demonstrated higher ORR and longer OS and EFS vs. SOC in matched ECAs. Safety was comparable between treatment groups, demonstrating a positive benefit-risk profile of obe-cel for treatment of adult R/R B-ALL. Abstract 26366 - Poster: Title: Deep Molecular Remission Predicts Better Clinical Outcomes in Adults with Relapsed/Refractory B-Cell Acute Lymphoblastic Leukemia Treated with Obecabtagene Autoleucel: Summary: Among obe-cel responders for whom measurable residual disease by next-generation sequencing could be analyzed, 84% achieved MRD less than10-6 leukemic cells, which was associated with more durable responses, and higher EFS and OS rates than patients with MRD greater than or equal to10-4 and MRD between 10-4 and 10-6 leukemic cells. Patients who did not achieve MRD less than10-6 had poorer outcomes.
|
BLRX | Hot Stocks07:02 EST BioLineRx changes ratio of ADRs to ordinary shares - BioLineRx announced that its Board of Directors has approved a change in the number of its ordinary shares represented by American Depositary Shares, issued by the Bank of New York Mellon as depositary, from 15 ordinary shares per ADS to 600 ordinary shares per ADS. The change in exchange ratio for the ADSs will have the same effect as a 1-for-40 reverse stock split of the ADSs, reducing the number of outstanding ADSs from 142,340,133 to 3,558,503 ADSs. The ADSs will continue to trade on the Nasdaq Capital Market. BioLineRx's ordinary shares, which are not affected by the change, will continue to trade on the Tel Aviv Stock Exchange. The new ADS to ordinary share ratio of 1 for 600 will be effective prior to the commencement of trading on the Nasdaq Capital Market on Thursday, January 30. Because each ADS will represent 40 times the current number of BioLineRx's ordinary shares represented by ADSs and the total number of ordinary shares remains the same, the trading price of the ADSs is expected to increase by the same multiple after the ratio change, enhancing the suitability of the ADSs for trading on the Nasdaq Capital Market. BioLineRx can give no assurance, however, that the ADS price after the change in the ADS ratio will be equal to or greater than 40 times the ADS price before the change.
|
FAST | Hot Stocks06:59 EST Fastenal sees 2025 investment in property and equipment $265M-$285M - The company stated, "For 2025, we expect our investment in property and equipment, net of proceeds from sales, to be within a range of $265M-$285M, an increase from $214.1M in 2024. This increase reflects three items. First, we expect elevated IT spending as projects that were expected in 2024 experienced delays and will occur in 2025. Second, we expect higher distribution center spending to complete our upgraded Utah hub, begin construction on a new Atlanta hub, and improve our picking capacity and efficiency across our hub network. Third, we expect greater outlays for FMI hardware reflecting an increase in our targeted signings."
|
SLB | Hot Stocks06:55 EST SLB sees 2025 CapEx ~$2.3B - This amount is excluding any impact from the anticipated closure of the announced acquisition of ChampionX. Capital investment for the full-year 2024 was $2.6B.
|
SLB | Hot Stocks06:53 EST SLB announces $2.3B accelerated share repurchase program - "SLB remains committed to expanding EBITDA margins, generating strong cash flows, and increasing returns to shareholders. Given our confidence in the business outlook and our ability to continue generating strong cash flows, we are pleased to announce that our Board of Directors has approved a 3.6% increase to our quarterly dividend. Additionally, as we believe our stock is undervalued relative to the strength of our business, we entered into accelerated share repurchase (ASR) transactions to repurchase $2.3 billion of our company's common stock. This positions us to increase total return to shareholders from $3.3 billion in 2024 to a minimum of $4 billion in 2025," CEO Le Peuch concluded.
|
SLB | Hot Stocks06:52 EST SLB raises quarterly dividend 3.6% to 28.5c per share - On January 16, SLB's Board of Directors approved a 3.6% increase in SLB's quarterly cash dividend from 27.5c per share of outstanding common stock to 28.5c per share, beginning with the dividend payable on April 3, to stockholders of record on February 5.
|
CFG | Hot Stocks06:45 EST Citizens Financial provides medium-term financial targets - ROTCE of ~16%-18%; CET1 ratio ~10%-10.5%; Dividend payout ratio ~35%-40%; Efficiency ratio mid-50's%. Key economic assumptions: Real GDP growth averaging ~2-2.5% annually over the medium term; Unemployment rate centered around ~4% over the medium term; Fed funds reaching terminal rate of ~3.50% by YE2027. Medium-term NIM target 3.25%-3.50%.
|
CFG | Hot Stocks06:40 EST Citizens Financial sees Q1 NII down 1.5%-2.5%, sequentially - Sees Q1: Noninterest income down ~2% given seasonality; Non interest expense up 1.5%-2% given seasonality; Net charge-offs down moderately, continued reserve release expected; CET1 ratio 10.50%-10.75%, expects share repurchases; Tax rate 20%-21%. Comments taken from investor presentation slides.
|
CFG | Hot Stocks06:36 EST Citizens Financial expects positive operating leverage in FY25 of ~1.5% - Cumulative IBD down-beta to approach low/mid 50s by YE2025; Expects Private Bank to contribute 5%+ to FY25 earnings; Progressing towards medium-term financial targets. Key 2025 economic and rate assumptions: FY25 average real GDP growth of ~2%, CPI of ~2.5% and unemployment rate of ~4%; Fed funds of 4% by YE2025 with 25 bps rate cuts in Q2 and Q4; 10-year Treasury rate of ~4.50%-4.75% by YE2025. Comments taken from investor presentation slides.
|
CFG | Hot Stocks06:33 EST Citizens Financial sees 2025 NIM up 3%-5% - Sees 2025: NIM of ~3.00%; Spot loans up low single digits driven by Private Bank and 2H25 Commercial activity; up mid single digits excluding Non-Core; Average loans down ~2%-3% reflecting 2H24 drop and continuing Non-Core run off; Interest earning assets down ~1%; Noninterest income up ~8%-10% driven primarily by Capital Markets and Wealth; Noninterest expense up ~4%; up ~2.6% ex Private Bank & Private Wealth; Net charge-off ratio ~$650M-$700M; high-40s bps; ACL likely to see releases over the course of the year; CET1 ratio 10.5%-10.75%; share repurchases dependent on market conditions and loan growth; Tax rate ~21%. Comments taken from investor presentation slides.
|
AZN | Hot Stocks06:33 EST AstraZeneca's Calquence combination approved in U.S. - AstraZeneca's Calquence in combination with bendamustine and rituximab has been approved in the US for the treatment of adult patients with previously untreated mantle cell lymphoma, MCL, who are ineligible for autologous hematopoietic stem cell transplantation. The approval was granted by the Food and Drug Administration, FDA, after securing Priority Review. It was based on results from the ECHO Phase III trial which were presented at the European Hematology Association 2024 Congress. Results from the ECHO trial showed Calquence plus bendamustine and rituximab reduced the risk of disease progression or death by 27% compared to standard-of-care chemoimmunotherapy. Median PFS was 66.4 months for patients treated with the Calquence combination versus 49.6 months with chemoimmunotherapy alone.
|
IMRN | Hot Stocks06:09 EST Immuron reports strong sales growth of Travelan - Sales Highlights: Global December 2024 Quarter AUD$2.5M, up 70% on prior quarter, up 249% on pcp. December 2024 Half Year AUD$4M, up 70% on pcp. Australia: December 2024 Quarter AUD$1.9M, up 83% on prior quarter, up 314% on pcp. December 2024 Half Year AUD$2.9M, up 54% on pcp. North America: December 2024 Quarter AUD$0.7M, up 43% on prior quarter, up 141% on pcp. December 2024 Half Year AUD$1.1M, up 130% on pcp.
|
RF | Hot Stocks06:05 EST Regions Financial reports Q4 net interest margin 3.55% vs. 3.60% last year
|
PLUG | Hot Stocks06:05 EST Plug Power announces closing of $1.66B Energy Department loan - Plug Power last night said it closed a $1.66B loan guarantee from the U.S. Department of Energy's Loan Programs Office. "Finalizing this loan guarantee with the Department of Energy represents a significant step in the expansion of our domestic manufacturing and hydrogen production capabilities, which create many high-quality jobs throughout the U.S.," said Plug CEO Andy Marsh. "In addition to reducing carbon emissions and enhancing the resilience of the U.S. energy grid, we believe the hydrogen economy aligns closely with national security interests, ensuring that the U.S. remains at the forefront of energy technology development and deployment on a global scale." Plug says the the loan guarantee will help finance the construction of up to six projects to produce and liquify zero- or low-carbon hydrogen at scale throughout the United States.
|
TURN | Hot Stocks06:03 EST 180 Degree Capital, Mount Logan Capital to merge in all-stock transaction - 180 Degree Capital announced that it has entered into a definitive agreement to combine with Mount Logan Capital in an all-stock transaction. The surviving entity is expected to be a Delaware corporation operating as Mount Logan Capital listed on Nasdaq under the symbol "MLCI." In connection with the Business Combination, 180 Degree Capital shareholders will receive proportionate ownership of New Mount Logan determined by reference to 180 Degree Capital's NAV at closing relative to a valuation of Mount Logan of approximately $67.4M at signing, subject to certain pre-closing adjustments. Shareholders holding approximately 20% of the outstanding shares of 180 Degree Capital and approximately 23% of the outstanding shares of Mount Logan signed voting agreements supporting the Business Combination, and an additional approximately 7% and 9% of 180 Degree Capital and Mount Logan shareholders, respectively, have provided non-binding written indications of support for the Business Combination. 180 Degree Capital and Mount Logan will combine in an all-stock transaction at an estimated $139M pro forma enterprise value at closing. Following completion of the transaction, each of 180 Degree Capital and Mount Logan will be wholly owned subsidiaries of New Mount Logan, which will be listed on Nasdaq under the symbol MLCI. Under the terms of the definitive agreement, shareholders of each of 180 Degree Capital and Mount Logan will receive an amount of newly issued shares of common stock of New Mount Logan based on the ratio of the net asset value per share of 180 Degree Capital relative to a valuation of Mount Logan of $67.4M at signing, subject to certain pre-closing adjustments. Based on the estimated NAV of 180 Degree Capital1 as of January 15, which is a 24% premium to 180 Degree Capital's closing stock price on that date, the estimated pro forma post-merger shareholder ownership would be approximately 40% for current 180 Degree Capital shareholders and 60% for current Mount Logan shareholders. The transaction is expected to be completed in mid-2025.
|
TURN | Hot Stocks06:01 EST 180 Degree Capital, Mount Logan Capital to merge in all-stock transaction
|
SMGZY | Hot Stocks05:50 EST Engine Capital urges Smiths Group to commit to strategic alternatives process - Engine Capital, a meaningful shareholder of Smiths Group, sent a letter calling on the company's Board of Directors to publicly commit to a strategic alternatives process aimed at a sale to maximize value for shareholders. Main points include: 1) Smiths Has Persistently Traded at a 'Conglomerate Discount' to its Sum of the Parts and its Segment-Level Peers Despite Strong Financials and Operating Performance, 2) Believes a Sale of the Entire Company or its Four Businesses Could Deliver a Significant Premium to Smiths' Current Share Price, 3) Cautions the Board and New CEO Roland Carter Against Pursuing Material Acquisitions While Maintaining its Conglomerate Structure.
|
GFS | Hot Stocks05:49 EST GlobalFoundries to create center for advanced packaging, testing of chips in NY - GlobalFoundries announced plans to create a new center for advanced packaging and testing of U.S.-made essential chips within its New York manufacturing facility. Supported by investments from the State of New York and the U.S. Department of Commerce, the first-of-its-kind center aims to enable semiconductors to be securely manufactured, processed, packaged and tested entirely onshore in the United States to meet the growing demand for GF's silicon photonics and other essential chips needed for critical end markets including AI, automotive, aerospace and defense, and communications. GF's overall investment in the New York Advanced Packaging and Photonics Center is expected to be $575M, with an additional $186M investment in research and development over the next 10-plus years. These efforts are expected to create approximately 100 new full-time GF jobs in New York over the next five years.
|
JG | Hot Stocks05:47 EST Aurora Mobile's EngageLab partners with StardustTV - Aurora Mobile announced that its subsidiary EngageLab, a global multi-channel user engagement solution provider, has established a strategic partnership with StardustTV, Global Short Dramas and Movies Platform. StardustTV, a global Short Dramas and Movies Platform, focuses on the international market for short dramas and has extensive successful experience in popular themes and potential online literature creations. It holds an important position in the short drama overseas market.
|
RBB | Hot Stocks05:45 EST RBB Bancorp says no damage to properties from Southern California wildfires - RBB states, "In response to the catastrophic fires in Los Angeles County, the Bank has partnered with non-profit organizations serving low-to-moderate income communities and donated $30,000 to provide essential supplies to affected families. In addition, the company is actively reaching out to its team members and customers to perform welfare checks and is providing resources for 24/7 confidential counseling and wellness support. The company has not experienced any damage to its facilities or properties and its branches have remained open during normal business hours. Also, as of the date of this release, we are not aware of any material impact on our loan portfolio or collateral due to the Southern California wildfires. Six commercial properties with a total balance of approximately $12.5M and six residential properties with a total balance of $3.4M are near or in an evacuation area, to our knowledge, and all of such collateral has insurance coverage in place. The situation is still evolving, and we will continue to monitor its status for potential exposure. The Bank remains committed to supporting the communities it serves and is actively reviewing opportunities to make additional contributions towards recovery and the rebuilding."
|
FAT | Hot Stocks05:45 EST Fat Brands approves distribution of special stock dividend - Fat Brands is pleased to announce that its Board of Directors has approved the distribution of a special stock dividend to Fat Brands' common stockholders of shares of Class A Common Stock of Twin Hospitality Group, the operating unit for its Twin Peaks and Smokey Bones restaurant brands. The distributed shares will represent approximately 5% of the fully diluted shares of Class A Common Stock of Twin Hospitality, and the remaining shares of Twin Hospitality will continue to be held by FAT Brands immediately following the distribution. The distribution of shares of Twin Common Stock will be made on a pro rata basis to all holders of Fat Brands' Class A Common Stock and Class B Common Stock as of the close of trading on January 27. The distribution will take the form of a special dividend of 0.1520207 share of Twin Common Stock distributed with respect to each one share of Fat Brands Class A Common Stock and Class B Common Stock outstanding as of the record date. The shares of Twin Common Stock are expected to be delivered after the close of trading on January 29, subject to the satisfaction or waiver of certain conditions, and commence trading on the Nasdaq Global Market under the symbol "TWNP" on the next trading day.
|