Technology
Pinewood Technologies Invests $4.2M in Automotive AI Firm Seez
September 05, 2024 03:07 AM AEST| By Team Kalkine MediaOn Wednesday, Pinewood Technologies, previously known as Pendragon, announced a strategic alliance and commercial partnership with Seez App Holding, a prominent player in automotive artificial intelligence (AI). As part of this collaboration, Pinewoo...
With Nvidia’s Share Price Nosediving Again, Should Investors Be Concerned?
September 04, 2024 10:22 PM AEST| By Team Kalkine MediaOn September 3, Nvidia,(NASDAQ: NVDA),experienced a notable 9% decline in its share price. Typically, such daily fluctuations might not warrant significant attention. Although there is some exposure to Nvidia through an artificial intelligence invest...
Bango (AIM:BGO) Partners with Disney to Expand Disney+ Access via Digital Vending Machine®
September 04, 2024 02:59 PM AEST| By Team Kalkine MediaBango (AIM: BGO) has announced a groundbreaking agreement with Disney that will extend the availability of Disney+ through innovative consumer offers facilitated by Bango’s Digital Vending Machine® (DVM™). This partnership is set to enhance Disney+'s...
EnSilica Rises 5.5% on First Production Order
September 03, 2024 08:14 PM AEST| By Team Kalkine MediaShares of EnSilica PLC,(LSE:ENSI),rose by 5.5% following the announcement of its first production order for an Arm-based industrial controller ASIC. This contract, anticipated to generate over $30 million in revenue over seven years, marks a signific...
Technology Sector Company Prepares for Contract Payment Upon Approval
September 02, 2024 10:32 PM AEST| By Team Kalkine MediaEthernity Networks Ltd, a,technology sector,company specializing in networking solutions, announced a delay in government approval for a US$1.05 million contract with a Tier 1 US-based aerospace system products provider. The agreement involves the de...
Raspberry Pi Poised for FTSE 250 After 3 Months on Market
September 02, 2024 10:22 PM AEST| By Team Kalkine MediaIn less than 90 days since Raspberry Pi’s debut on the UK stock market, the company could be on the verge of joining the FTSE 250 index, with the potential announcement set for tomorrow, September 3rd. This determination will be based on the company'...
SRT Marine Systems Wins Two Follow-On Contracts
September 02, 2024 09:25 PM AEST| By Team Kalkine MediaSRT Marine Systems,(LSE:SRT),, a maritime technology firm, has recently secured two follow-on contracts with established sovereign agency clients in Asia, with a total value of $4.6 million for the coming 12 months.,The company disclosed on Monday th...
Kainos Faces Revenue Challenges Amid Market Uncertainty
September 02, 2024 08:40 PM AEST| By Team Kalkine MediaKainos Group PLC, a player in the,Technology sector,, saw its shares fall by 13% to 959p on Monday morning. The decline followed the company's warning that its revenue for the year is likely to be lower than previously anticipated.,The company indica...
SRT Marine's New Contracts Boost Share Value
September 02, 2024 08:37 PM AEST| By Team Kalkine MediaSRT Marine Systems PLC experienced a notable 10% increase in share value following the announcement of two new contracts with existing sovereign agency customers in Asia. These agreements, valued at $4.6 million over the next 12 months, are set to ex...
CNC Reports Surge in Revenue and Profit for First Half
September 02, 2024 07:55 PM AEST| By Team Kalkine MediaConcurrent Technologies PLC saw a notable increase in its share price on Monday following the release of its interim results, which highlighted record revenue and profit figures for the first half of the year. The computer products and systems manufa...
OpenAI Reportedly Attracting Interest from Apple and Nvidia as New Investors
August 31, 2024 02:28 AM AEST| By Team Kalkine MediaApple Inc.,(NASDAQ:AAPL),and NVIDIA Corp.,(NASDAQ:NVDA),are reportedly considering participation in a significant new funding round for OpenAI, the artificial intelligence powerhouse behind ChatGPT. This move reflects a broader trend among tech giant...
Nvidia Stumbles as Sky-High Expectations Outpace Performance
August 31, 2024 02:25 AM AEST| By Team Kalkine MediaExpectation often leads to disappointment, a truth recognized by many—from Star Wars fans in 1999 to US Democrats in 2016, and Republicans four years later. Nvidia Corp stakeholders are now finding themselves in a similar situation.,Despite Nvidia's,...
Nvidia's Earnings: Three Key Factors to Watch
August 31, 2024 02:22 AM AEST| By Team Kalkine MediaChipmaking leader NVIDIA Corp,(NASDAQ:NVDA),is set to unveil its second-quarter results for the 2025 financial year, which has quickly become a highly anticipated event. This release is critical not only for Nvidia but also for the broader technology...
Peel Hunt Flags Uncertainty for Nanoco
August 31, 2024 12:21 AM AEST| By Team Kalkine MediaBroker Peel Hunt provided a sobering outlook following the announcement that Nanoco Group PLC,(LSE:NANO),had lost a crucial customer for its infrared sensing materials. This development has led to a significant reassessment of the company's prospects...
Filtronic Secures $8.4m Contract with SpaceX
August 30, 2024 09:09 PM AEST| By Team Kalkine MediaCommunications equipment company Filtronic,(LSE:FTC),has announced a significant contract with SpaceX valued at $8.4 million. The agreement, which is irrevocable, continues the demand for Filtronic's E-band solid-state power amplifier modules, essent...
Nexteq Appoints Duncan Faithfull as CEO
August 30, 2024 12:21 AM AEST| By Team Kalkine MediaOn Thursday, Nexteq,(LSE:NXQ),, a prominent technology solutions provider, announced that Duncan Faithfull has been appointed as the new chief executive officer, effective immediately. Faithfull, who has been with the company since 2020, previously h...
Essensys Reports Revenue Growth and Narrowed Losses for FY
August 29, 2024 10:31 PM AEST| By Team Kalkine MediaEssensys, a prominent software and technology group, reported on Thursday that its full-year revenue, underlying losses, and cash position are set to surpass current market expectations.,The company anticipates revenues of £24.0 million for the fisca...
What Tracsis expects from next financial year?
August 29, 2024 08:23 PM AEST| By Team Kalkine MediaTracsis (LSE:TRCS), a prominent transport technology provider, has released its trading update for the fiscal year ending July 31, 2024. The company's performance aligns with its revised guidance, reflecting a stable financial trajectory despite some...
London Open: Stocks Inch Up Ahead of Nvidia Earnings
August 28, 2024 09:10 PM AEST| By Team Kalkine MediaLondon stocks showed a modest increase in early trading on Wednesday, following a positive performance on Wall Street. At 0820 BST, the FTSE 100 index was up by 0.1% to 8,356.95.,Susannah Streeter, head of money and markets at Hargreaves Lansdown, no...
CyanConnode Wins Major Contract, Boosting Growth Prospects
August 28, 2024 08:38 PM AEST| By Team Kalkine MediaCyanConnode,(LSE:CYAN),, a company specializing in radio frequency networks, announced on Wednesday that it has secured a significant contract from a global partner to supply 6.5 million Omnimesh modules for various smart metering projects across Ind...