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Legal Action Filed by Murdoch Aimed at AI Start-Up Perplexity
October 22, 2024 10:52 PM AEDT| By Team Kalkine MediaHighlights:,Dow Jones and the New York Post have filed a lawsuit against Perplexity AI for allegedly copying copyrighted content from their publications.,The lawsuit claims that Perplexity’s use of content undermines publishers’ revenue from advertis...
Rainbow Rare Earths Indicates Strong Progress at Phalaborwa Project, With Market Expansion Aspirations
October 22, 2024 10:45 PM AEDT| By Team Kalkine MediaHighlights:,Rainbow Rare Earths has successfully produced valuable products from the Phalaborwa Rare Earths Project, including mixed rare earth carbonate and high-purity neodymium and praseodymium oxide.,The company is in discussions with potential o...
Blade Runner Creators Allegedly Engaged in Spat with Elon Musk
October 22, 2024 10:40 PM AEDT| By Team Kalkine MediaHighlights:,Alcon Entertainment has filed a lawsuit against Tesla for the unauthorized use of AI-generated images inspired by,Blade Runner 2049,.,The lawsuit claims that Tesla utilized these unlicensed visuals during a recent unveiling event while re...
Meta's Facial Recognition Tech Revived to Combat ‘Celeb-Bait’ Scammers
October 22, 2024 10:36 PM AEDT| By Team Kalkine MediaHighlights,Meta Platforms Inc. is testing a new facial-recognition technology to combat scams involving fake celebrity accounts on Facebook and Instagram.,The technology scans profiles and matches them with official celebrity images to detect potenti...
Tesla’s Eye-Catching Prototypes Fail to Conceal Underlying Business Issues
October 22, 2024 10:34 PM AEDT| By Team Kalkine MediaHighlights,Tesla's recent unveiling of its robotaxi prototypes failed to impress analysts and investors, leading to a 7% drop in its share price.,The company's valuation has decreased by 12% since the start of the year, contrasting with strong perfor...
Avis Budget Group, Inc. (CAR) Identified as Bear of the Day
October 22, 2024 10:27 PM AEDT| By Team Kalkine MediaHighlights,Avis Budget Group, Inc. has experienced a significant decline in its earnings outlook for 2024, with recent EPS estimates falling well below consensus expectations.,The company’s stock has decreased by 60% over the past two years, reflecti...
Essential Insights for MetLife's Upcoming Earnings Release
October 22, 2024 10:23 PM AEDT| By Team Kalkine MediaHighlights,MetLife, Inc. is set to release its fiscal Q3 earnings results on October 30, with analysts projecting a profit of $2.16 per share.,The company has shown strong performance in recent quarters, with a year-to-date share increase of 28.3%, o...
Transocean Secures Contract Worth $193M for Ultra-Deepwater Drillship
October 22, 2024 10:18 PM AEDT| By Team Kalkine MediaHighlights,Transocean Ltd. has secured a one-year contract for its ultra-deepwater drillship, Deepwater Conqueror, valued at approximately $193 million.,The drillship is currently contracted with Chevron in the Gulf of Mexico, with operations schedul...
Molecular Partners and Orano Med Present Enhanced Preclinical Data for MP0712 at EANM 2024
October 22, 2024 10:11 PM AEDT| By Team Kalkine MediaHighlights,Molecular Partners AG and Orano Med presented promising preclinical data for their Radio-DARPin Therapeutic candidate, MP0712, at the EANM Congress 2024.,MP0712 demonstrated dose-dependent efficacy, favorable safety profiles, and high spec...
GRI Bio Confirms Exercise of Warrants
October 22, 2024 10:09 PM AEDT| By Team Kalkine MediaHighlights,GRI Bio has entered into definitive agreements to exercise existing warrants, allowing the purchase of 762,236 shares at a reduced price.,The company will issue new unregistered Series D-1 and D-2 warrants in conjunction with this exercise...
Interim Results Indicate Progress in Phase 3 ENSURE Program of Vidofludimus Calcium
October 22, 2024 10:06 PM AEDT| By Team Kalkine MediaHighlights,Immunic, Inc. received a positive recommendation from the Independent Data Monitoring Committee for its phase 3 ENSURE program, assessing vidofludimus calcium for relapsing multiple sclerosis.,The ENSURE program remains on schedule for com...
SAP's Q3 2024 Performance Metrics Unveiled
October 22, 2024 10:01 PM AEDT| By Team Kalkine MediaHighlights,SAP reported a 25% increase in cloud revenue for Q3 2024, reaching €4.35 billion, and total revenue rose by 9% to €8.47 billion.,The company raised its 2024 outlook for cloud and software revenue, non-IFRS operating profit, and free cash f...
Full-Year Performance Projections Adjusted Following GM's Third-Quarter Results for 2024
October 22, 2024 09:57 PM AEDT| By Team Kalkine MediaHighlights,General Motors reported third-quarter 2024 revenue of $48.8 billion, reflecting a year-over-year increase of 10.5%.,Key financial metrics, including EBIT-adjusted and EPS-diluted-adjusted, demonstrated significant growth compared to the pr...
Noteworthy US Penny Stocks Highlighted for October 2024
October 22, 2024 09:49 PM AEDT| By Team Kalkine MediaHighlights,Mixed performance in the U.S. stock market has led to renewed interest in penny stocks.,A selection of penny stocks exhibiting strong financial health is available for exploration.,Companies in diverse sectors, including transportation, bi...
Vivos Therapeutics, Inc. (NASDAQ:VVOS) Pioneers Noninvasive Solutions for Sleep Disorders
October 22, 2024 07:32 PM AEDT| By Team Kalkine MediaHighlights:,Vivos Therapeutics receives new AMA CPT codes for enhanced insurance reimbursement of OSA treatments.,FDA clears Vivos CARE oral devices for effective treatment of sleep apnea in children and adults.,Over 31,000 patients treated globally...
Microsoft Corp (NASDAQ:MSFT) Empowers Enterprises to Create Custom AI Agents Starting Next Month
October 22, 2024 07:29 PM AEDT| By Team Kalkine MediaHighlights:,Microsoft to enable businesses to develop personalized AI agents using Copilot Studio from next month.,New AI agents targeting sales, service, finance, and supply chain unveiled for Dynamics 365.,McKinsey demonstrates AI agent potential,...
NVIDIA Corp (NASDAQ:NVDA) Hits All-Time High, Fueling Continued AI Boom
October 22, 2024 07:27 PM AEDT| By Team Kalkine MediaHighlights:,NVIDIA reaches new all-time high on the Nasdaq, reflecting ongoing AI-driven growth.,Company now valued at nearly $3.5 trillion, making it the second-largest U.S. firm by market capitalization.,Anticipated rollout of flagship GPU 'Blackwe...
Walt Disney Co (NYSE:DIS) Prepares for Leadership Transition with New CEO Announcement Planned for 2026
October 22, 2024 07:25 PM AEDT| By Team Kalkine MediaHighlights:,Disney announces plans to name a new CEO to succeed Bob Iger by early 2026.,James Gorman appointed chairman of the board, effective January 2, 2025.,Mark Parker steps down after nine years of service, marking a shift in board leadership.,...
Meta Platforms Inc (NASDAQ:META) Tackles Celebrity Scams with New Facial-Recognition Technology
October 22, 2024 07:21 PM AEDT| By Team Kalkine MediaHighlights:,New facial-recognition tool aims to combat ‘celeb-bait’ scams on Meta's platforms.,Technology matches user profiles to official celebrity images to identify fraud.,Despite past privacy issues, Meta seeks to restore compromised accounts wi...
Toronto Stocks Reach New Highs as Materials Sector Leads the Way
October 22, 2024 11:26 AM AEDT| By Team Kalkine MediaHeadlines,Toronto Stocks Hit Record High Amid Materials Sector Surge,Anticipated Interest Rate Shift Sparks Optimism,The Toronto Stock Exchange’s,S&P/TSX composite index,has reached new heights, driven by strong performance in the materials sector. G...
