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Technology
Rumble Stock Soars 133% in a Week. Here's Why.
December 27, 2024 01:19 PM AEDT| By Team Kalkine MediaHighlights,Rumble stock surged 34.6% on Wednesday, marking a 133% increase over the last week.,The surge follows news that Rumble is set to receive a $775 million investment from Tether, the company behind the USDT stablecoin.,The deal, which involve...
Castellum Cybersecurity Company to Raise Funds for Working Capital and Corporate Purposes
December 27, 2024 01:16 PM AEDT| By Team Kalkine MediaHighlights,Castellum, Inc. plans to offer and sell shares of its common stock in a public offering.,The net proceeds from the offering are intended to be used for working capital and general corporate purposes.,Maxim Group LLC is acting as the sole p...
Rogers Co. (NYSE:ROG) Draws Increased Interest From Institutional Investors
December 25, 2024 04:17 AM AEDT| By Team Kalkine MediaHighlights,Barclays PLC raised its position in Rogers Co. by 285.5% in Q3.,Institutional ownership in Rogers Co. is at 96.02%.,Rogers Co. posted earnings per share of $0.98 for the quarter, exceeding estimates.,Rogers Corporation has recently seen a...
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N-able Inc. (NYSE:NABL) Faces Setbacks A Look at Key Metrics
December 25, 2024 02:14 AM AEDT| By Team Kalkine MediaHighlights,N-able's stock hits a new 52-week low.,Institutional investors own the majority of N-able's stock, signaling strong confidence.,The company reports strong revenue growth despite stock challenges.,N-able Inc. recently hit a 52-week low, dra...
Why Is HIVE Digital Betting Big on NVIDIA GPUs for AI Growth?
December 24, 2024 10:38 PM AEDT| By Team Kalkine MediaHighlights,HIVE deploys NVIDIA GPUs for advanced AI computing services.,Revenue run-rate from AI models projected to surpass Bitcoin mining.,Quebec operations use renewable energy to support sustainable computing.,HIVE Digital Technologies,(NASDAQ:HI...
Perfect Corp. (NYSE: PERF) to Acquire Wannaby Inc. to Expand into Luxury Fashion Market
December 24, 2024 05:57 PM AEDT| By Team Kalkine MediaHighlights,Perfect Corp. signs agreement to acquire Wannaby Inc., enhancing its tech for luxury fashion.,Acquisition includes innovative virtual try-on tech for shoes, bags, and apparel.,Farfetch continues to utilize Wannaby’s solutions post-acquisit...
HIVE Digital Technologies (NASDAQ: HIVE) Announces $30 Million Investment in NVIDIA GPU Clusters for AI Computing
December 24, 2024 05:51 PM AEDT| By Team Kalkine MediaHighlights,HIVE Digital Technologies invests $30 million in NVIDIA H100 and H200 GPU clusters for AI services.,H100 cluster expected to generate $15M in annual revenue, with H200 cluster delivering $20M+ by Q2 2025.,Deployment powered by 100% renewab...
EPAM Systems (NYSE:EPAM) Poised for Expansion Amidst Rising Share Value
December 24, 2024 04:27 AM AEDT| By Team Kalkine MediaHighlights,EPAM Systems forecasts 44% growth in profits.,Shares saw a notable increase in recent months.,Current pricing may not fully reflect growth prospects.,EPAM Systems Inc. has recently drawn significant market attention following notable share...
Understanding the Price Movements of DigitalOcean Holdings (NYSE:DOCN)
December 24, 2024 03:12 AM AEDT| By Team Kalkine MediaHighlights,DigitalOcean Holdings saw significant price fluctuations recently.,The stock is trading around its fair value, with limited upside potential.,High growth potential could lead to a higher share value in the coming years.,DigitalOcean Holdin...
Franklin Resources Adjusts Stake in Allegion as Investor Interest Grows
December 24, 2024 03:11 AM AEDT| By Team Kalkine MediaHeadlines,Franklin Resources Sells Allegion Shares,Other Investors Adjust Positions in Allegion,Hedge Funds Hold Significant Stake in Allegion,Franklin Resources Inc. has reduced its stake in Allegion plc,(NYSE:ALLE),, trimming its holdings by nearly...
Agilent Technologies Delivers Steady 2024 Performance and Positive Outlook
December 23, 2024 10:32 PM AEDT| By Team Kalkine MediaHeadlines,Agilent Technologies delivers consistent performance.,Strong growth potential in key business segments.,A promising outlook for the upcoming year.,Agilent Technologies,(NYSE:A),has reported its full-year results for 2024, aligning closely w...
Teradata's Growth Prospects and Valuation Insights
December 23, 2024 10:18 PM AEDT| By Team Kalkine MediaHeadlines,Teradata Corporation's valuation remains a topic of interest, with its price-to-earnings ratio notably above industry norms.,Recent earnings growth showcases the company's potential, even as historical performance shows mixed results.,Analy...
Why Are Quantum Tech Stocks Facing Such Sharp Declines?
December 23, 2024 09:51 PM AEDT| By Team Kalkine MediaHighlights,Quantum Computing Inc. develops quantum technologies with integrated photonics.,Qubits allow faster and more complex calculations than conventional computers.,Applications include financial modeling, drug discovery, and materials science.,...
What’s Driving Uncertainty Around Credo Technology Shares Now?
December 23, 2024 09:34 PM AEDT| By Team Kalkine MediaHighlights,Credo Technology Group operates in the semiconductor and technology sector.,The company's focus is on high-speed connectivity solutions and innovations.,Market performance reflects significant fluctuations over the past year.,Credo Technol...
Why Did CVV Shares Start the Week on a Downbeat Note?
December 23, 2024 09:10 PM AEDT| By Team Kalkine MediaHighlights,CVD Equipment operates in the semiconductor equipment manufacturing sector.,The company shows robust liquidity with a strong current and quick ratio.,Its stock fluctuates within a broad range, reflecting market dynamics.,CVD Equipment Corp...
Why Is MARA’s Stock Stuck Below Its Recent Highs?
December 23, 2024 09:07 PM AEDT| By Team Kalkine MediaHighlights,MARA operates in the digital asset mining sector.,Focuses on blockchain technology and cryptocurrency mining activities.,Implements sustainable practices in digital mining operations.,Marathon Digital Holdings,(NASDAQ:MARA),operates within...
Is Fortinet Struggling to Maintain Momentum After Recent Market Surge?
December 23, 2024 08:50 PM AEDT| By Team Kalkine MediaHighlights,Fortinet operates in the cybersecurity software and hardware sector.,Recent trading levels show growth trends in stock valuation metrics.,Fortinet's financial ratios highlight its robust operational capacity.,Fortinet,(NASDAQ:FTNT),operate...
Why Did Zscaler's Quarterly Revenue Surge Over Last Year’s Levels?
December 23, 2024 08:46 PM AEDT| By Team Kalkine MediaHighlights,Zscaler specializes in cybersecurity, emphasizing cloud security solutions for businesses.,Revenue for the quarter increased compared to the same period last year.,Earnings results reflected improved performance and exceeded market expecta...
Intelligent Living Application Group Inc. (NASDAQ: ILAG) Reports Mixed Financial Performance for H1 2024 with Revenue Growth
December 23, 2024 04:14 PM AEDT| By Team Kalkine MediaHighlights,Revenue increased by 131.1% year-over-year, reaching $4.47 million.,Gross profit surged by over 5700%, marking a significant improvement in profitability.,Despite growth, the company recorded a net loss of $2.25 million, though improved fr...
Faraday Future (Nasdaq: FFIE) Secures $30 Million Financing to Accelerate Growth and FX Strategy Development
December 23, 2024 02:56 PM AEDT| By Team Kalkine MediaHighlights,Faraday Future receives $30 million financing to boost growth and develop FX strategy.,FX prototype mules to arrive in Los Angeles for testing and development.,The company aims to target the U.S. mainstream market with affordable AIEVs.,Fa...
