Technology

Analyzing Netcall's (LON:NET) Strong Earnings Growth and Insider Confidence
December 20, 2024 01:06 AM AEDT| By Team Kalkine MediaHighlights,Netcall (NET) shows a strong 32% year-over-year growth in earnings per share (EPS).,EBIT margins have improved from 10% to 14%, reflecting robust operational efficiency.,Insider ownership of £11 million aligns executives' interests with sh...

Insider Activity and Market Insights Tracsis plc (LON:TRCS)
December 20, 2024 12:50 AM AEDT| By Team Kalkine MediaHighlights,Tracy Sheedy, an insider, purchased 950 shares at 530p per share in a recent transaction.,Tracsis' stock shows a 12-month range of 481p to 980p, reflecting notable volatility.,The company announced an increased dividend yield of 0.2%, sign...

TikTok Appeals to Supreme Court Over Looming US Ban
December 19, 2024 09:22 PM AEDT| By Team Kalkine MediaHighlights:,TikTok Faces Supreme Court:,The platform’s appeal against a nationwide ban will be heard on January 10.,National Security Concerns:,The US cites risks linked to TikTok’s parent company, Beijing-based ByteDance.,Key Political Timing:,The b...

Clean Power Hydrogen Secures £6.1 Million Funding to Accelerate Green Hydrogen Technology
December 19, 2024 09:22 PM AEDT| By Team Kalkine MediaHighlights:,Clean Power Hydrogen PLC raises £6.1 million via placing and share subscription to support technology development.,Funds to drive the commercialisation of Membrane-Free Electrolyser (MFE) technology.,Milestone achieved with the successful...

Vultr Secures $333 Million Funding to Expand Global Cloud Network and AI Capabilities
December 19, 2024 09:22 PM AEDT| By Team Kalkine MediaHighlights:,Vultr raises $333 million in its first funding round, valuing the company at $3.5 billion.,Capital will support global data center expansion and investment in GPUs for AI applications.,Strategic partnerships with AMD and LuminArx bolster...

FD Technologies Announces £120 Million Return to Shareholders via Tender Offer
December 19, 2024 06:48 PM AEDT| By Team Kalkine MediaHighlights,£120 Million Capital Return:,FD Technologies plans to return up to £120 million to shareholders following the sale of its First Derivative Business to EPAM Systems, Inc.,Tender Offer Price at £19.50 Per Share:,Shareholders can sell their s...

Netflix Faces €4.75 Million Fine for GDPR Breaches in the Netherlands
December 19, 2024 03:17 AM AEDT| By Team Kalkine MediaHighlights:,Netflix fined €4.75 million by the Dutch Data Protection Authority for GDPR violations.,Consumers were inadequately informed about data usage practices between 2018 and 2020.,Netflix updated its privacy policy but disputes the fine impose...
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Oman Joins Global Investors in Elon Musk’s XAI Amid Growing AI Ambitions
December 19, 2024 03:17 AM AEDT| By Team Kalkine MediaHighlights:,Oman Investment Authority secures a stake in Elon Musk’s AI venture, XAI.,XAI valuation doubles to $50 billion following a $6 billion funding round.,Funds will fuel development of Grok, XAI’s generative AI model integrated across Musk-led...

Pre-Christmas AI Showdown: Google and OpenAI Unleash a Blizzard of Innovations
December 19, 2024 03:17 AM AEDT| By Team Kalkine MediaHighlights:,Google leads the AI race with Veo 2, a cutting-edge video generation tool surpassing OpenAI’s Sora in realism and performance.,OpenAI introduces the o1 Model and Sora, focusing on enhanced reasoning and accessible creative tools for marke...

Capita Faces Revenue Decline but Retains Growth Potential Amid Analyst Downgrade
December 19, 2024 03:17 AM AEDT| By Team Kalkine MediaHighlights:,Capita PLC’s revenue dropped by 8% over 11 months, with a high-single-digit decline forecast for 2024.,Cost savings have supported profits despite weaker revenues and increased cash outflow.,Deutsche Bank revised Capita’s target price to...

TikTok Appeals to Supreme Court Over Looming US Ban
December 18, 2024 04:27 AM AEDT| By Team Kalkine MediaHighlights:,Supreme Court Challenge:,TikTok has appealed to block a January 19 ban imposed under national security concerns.,Political Timing:,The ban coincides with the eve of the US presidential inauguration.,Key Legal Battle:,ByteDance faces a cho...

Nvidia Faces Setbacks as Production Delays Impact Thor Chip Rollout
December 18, 2024 04:27 AM AEDT| By Team Kalkine MediaHighlights:,Thor Chip Delays:,Mass production of Nvidia's Thor chip is now unlikely until mid-2025, deterring automakers.,Shift to Alternatives:,Chinese automakers like XPeng and NIO are prioritizing in-house chip development or alternative solutions...

SYME Reports Growth in Inventory Monetisation Pipeline and New Funding Milestones
December 17, 2024 07:49 PM AEDT| By Team Kalkine MediaHighlights,Inventory Monetisation Pipeline,: Grows to £125.2 million as of December 2024, up from £124 million in September.,Monetised Inventory Value,: Increases to £3.5 million, showcasing steady growth through the SYME Platform.,New Funding Commit...

XLMedia Faces Market Turmoil Amid Reduced Earnout Expectations and Transition Plans
December 17, 2024 02:36 AM AEDT| By Team Kalkine MediaHighlights:,Reduced Earnout Forecast:,XLMedia now anticipates earning $3-5 million from the sale of its European and North American operations, a significant drop from the projected $15 million.,Transformation to Cash Shell:,The company is winding do...

Social Media Platforms Face Strict Deadlines Under New Online Safety Act
December 17, 2024 02:36 AM AEDT| By Team Kalkine MediaHighlights:,New Online Safety Act in Effect:,Social media companies must implement safeguards against harmful content by March 2025 or face significant penalties.,Platforms Risk Severe Fines:,Failure to comply could result in fines up to 10% of globa...

Analyzing the Connection Between Concurrent Technologies' (LON:CNC) Stock Performance
December 16, 2024 11:00 AM AEDT| By Team Kalkine MediaHighlights,Concurrent Technologies (CNC) saw a 16% stock increase in the last three months.,A decent Return on Equity (ROE) of 13% may not fully explain the decline in earnings.,High dividend payouts limit earnings reinvestment, affecting growth pros...

Westminster Group Plc (AIM: WSG) Secures Mobile Phone Detection Contract in European Prisons
December 13, 2024 06:38 PM AEDT| By Team Kalkine MediaHighlights,Westminster’s German subsidiary wins contract to install mobile phone detection systems in European prisons.,The contract highlights Westminster’s commitment to providing advanced security solutions to global clients.,CEO Peter Fowler stre...

HUTCHMED (Nasdaq/AIM: HCM; HKEX:13) Receives US$10 Million Milestone Payment from Takeda Following FRUZAQLA® Reimbursement Approval in Spain
December 13, 2024 06:32 PM AEDT| By Team Kalkine MediaHighlights,HUTCHMED receives US$10 million milestone payment from Takeda after FRUZAQLA®'s reimbursement approval in Spain.,FRUZAQLA® now reimbursed for metastatic colorectal cancer patients in Spain, expanding European access.,The approval is based...
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4GLOBAL's North American Expansion Drives Strategic Growth Amid Market Transition
December 12, 2024 10:38 PM AEDT| By Team Kalkine MediaHighlights:,North American revenue surged by 161%, underscoring early success in regional focus.,Gross profit margin increased to 73%, reflecting a transition to higher-margin offerings.,UK market revenue grew by 6%, mitigating challenges in the Midd...

SEEEN plc (AIM: SEEN) Partners with US Club Lacrosse to Drive Video Commerce and Interactivity through On-Demand Platform
December 12, 2024 06:38 PM AEDT| By Team Kalkine MediaHighlights,SEEEN partners with US Club Lacrosse to enhance on-demand video offerings.,Integration of Key Video Moments and Shoppable Video Prompts to boost engagement and revenue.,USCL’s platform to engage viewers and drive participation in lacrosse...
AI on the Rise: A Look at Top AI Companies and Their Stocks