Stocks
Bit Digital, Inc. (Nasdaq: BTBT) Acquires Enovum Data Centers to Enhance HPC Operations
October 15, 2024 02:36 PM AEDT| By Team Kalkine MediaHighlights:,Acquisition of a fully operational 4MW Tier 3 datacenter in Montreal.,288 MW development pipeline in major metropolitan areas enhances growth potential.,Expected run-rate colocation EBITDA of USD $13 million by 2Q25.,Bit Digital, Inc. (NA...
Southwest Airlines (NYSE: LUV) Responds to Elliott Investment Management's Shareholder Proposal
October 15, 2024 02:24 PM AEDT| By Team Kalkine MediaHighlights:,Implementation of a three-year transformational plan expected to deliver $4 billion in cumulative incremental run rate EBIT contribution by 2027.,Target to achieve ROIC of 15 percent or greater in 2027.,Comprehensive Board refreshment red...
Palantir Technologies Inc. (NYSE: PLTR) Sets Date for Q3 2024 Earnings Release
October 15, 2024 02:21 PM AEDT| By Team Kalkine MediaHighlights:,Palantir Technologies Inc. to release Q3 2024 earnings on November 4, 2024, after market close.,Live webcast to discuss results scheduled for 3:00 PM MT / 5:00 PM ET.,Investors can submit questions via the Say Technologies platform for th...
Descartes Systems Group (Nasdaq: DSGX) Acquires Sellercloud to Enhance E-commerce Solutions
October 15, 2024 02:04 PM AEDT| By Team Kalkine MediaHighlights:,Descartes acquired Sellercloud for $110 million, expanding its e-commerce capabilities.,Sellercloud's IMS and OMS will enhance Descartes' product suite, meeting customer demands.,Potential performance-based earn-out up to $20 million, inc...
NVO Bioscience Completes Merger with NAYA Biosciences, Now Trading as NAYA on NASDAQ
October 15, 2024 02:00 PM AEDT| By Team Kalkine MediaHighlights:,Merger expands portfolio to include clinical and commercial-stage assets in fertility, oncology, and autoimmune diseases,Combined company to trade on NASDAQ under ticker NAYA,Maintains revenue-generating fertility business while expanding...
BigBear.ai (NYSE: BBAI) Secures $165.15 Million Contract with U.S. Army for Global Force Management Services
October 15, 2024 01:56 PM AEDT| By Team Kalkine MediaHighlights:,Secured a $165.15 million contract with the U.S. Army for GFIM Production Services,Five-year contract duration provides stable revenue stream,Sole source prime contractor status for the project,BigBear.ai (NYSE:BBAI) has been awarded a si...
AGBA Group Holding (Nasdaq: AGBA) and Triller Corp. Move Forward with Merger Completion
October 15, 2024 01:53 PM AEDT| By Team Kalkine MediaHighlights:,Merger received Nasdaq approval, indicating regulatory compliance,Merger completion expected within days, showing progress in the deal,Reverse stock split implemented to maintain Nasdaq compliance, potentially improving stock marketabilit...
SoFi Technologies, Inc. (NASDAQ: SOFI) Enters $2 Billion Loan Platform Agreement with Fortress Investment Group
October 15, 2024 01:49 PM AEDT| By Team Kalkine MediaHighlights:,Secured a $2 billion loan platform business agreement with Fortress Investment Group,Expansion of loan platform business capabilities,Diversification towards less capital-intensive and more fee-based revenue sources,SoFi Technologies, Inc...
Analysts Signal Positive Outlook for Lowe's with Updated Price Targets
October 15, 2024 09:42 AM AEDT| By Team Kalkine MediaHeadlines,Truist Financial raises Lowe's target price, indicating growth potential.,Other analysts provide varying price targets for Lowe's, showcasing mixed outlooks.,Overall consensus among analysts highlights Lowe's as a favorable option in the se...
Ocean Power Technologies Deploys AI Solutions in Kuwait
October 15, 2024 09:41 AM AEDT| By Team Kalkine MediaHighlights,Ocean Power Technologies has formed a service partnership with 3B General Trading & Contracting to explore offshore energy and maritime projects in Kuwait, expanding its presence in the Middle East.,The partnership will involve the deploym...
Will Mullen Credit Boost EV Sales for Mullen Automotive?
October 15, 2024 09:23 AM AEDT| By Team Kalkine MediaHighlights,Mullen Automotive has launched Mullen Credit, a new financing subsidiary designed to support its growing network of dealerships and offer financing options for fleets and small businesses, enhancing the company's ability to serve its expan...
Is Dolphin Entertainment's Reverse Stock Split a Strategic Move?
October 15, 2024 09:22 AM AEDT| By Team Kalkine MediaHighlights,Dolphin Entertainment, Inc. is enacting a 1-for-2 reverse stock split to meet NASDAQ’s minimum bid price requirement, reducing its outstanding common stock while aiming to enhance flexibility for future business operations.,This reverse st...
AGBA Group and Triller Near Completion of Strategic Merger
October 15, 2024 09:20 AM AEDT| By Team Kalkine MediaHighlights,AGBA Group Holding and Triller Corp. are set to finalize their merger, combining AGBA’s financial services platform with Triller’s AI-driven social media technology, positioning the new entity for rapid expansion in the global market.,The...
Cycle Pharmaceuticals Pushes for Vanda Acquisition Amid Struggles
October 15, 2024 09:18 AM AEDT| By Team Kalkine MediaHighlights,Cycle Pharmaceuticals has reaffirmed its acquisition proposal for Vanda Pharmaceuticals, offering an all-cash deal that significantly values Vanda above its recent stock price, with the aim of expanding its presence in the pharmaceutical s...
NAYA Biosciences Emerges from INVO Merger with Expanded Focus
October 15, 2024 09:15 AM AEDT| By Team Kalkine MediaHighlights,INVO Bioscience has successfully merged with NAYA Biosciences, forming a new entity that combines INVO's fertility business with NAYA's advancements in oncology and autoimmune disease therapies, operating under the name NAYA Biosciences.,T...
Home Depot Gains Momentum After Analyst Upgrades and Price Target Increases
October 15, 2024 08:45 AM AEDT| By Team Kalkine MediaHeadlines,Home Depot Experiences Positive Movement Following Analyst Upgrades,Multiple Analysts Adjust Price Targets, Indicating Strong Confidence,Trading Volume Reflects Investor Interest Amid Upward Trend,Home Depot, Inc.,(NYSE:HD),recently saw an...
BigBear.ai Secures Major U.S. Army Contract for Data Solutions
October 15, 2024 07:53 AM AEDT| By Team Kalkine MediaHighlights,BigBear.ai has secured a long-term contract in the defense technology sector, focusing on advanced data solutions to enhance the U.S. Army's force management systems.,The company's work aims to integrate and modernize legacy systems into a...
SoFi Expands Loan Platform with Strategic Partnership
October 15, 2024 07:38 AM AEDT| By Team Kalkine MediaHighlights,SoFi Technologies, Inc. has entered into a significant business agreement in the fintech sector to expand its loan platform, enhancing its ability to serve pre-qualified borrowers through third-party partnerships.,The agreement with Fortre...
Integer Holdings Surges to New High Following Analyst Praise
October 15, 2024 07:25 AM AEDT| By Team Kalkine MediaHeadlines,Integer Holdings achieves a new 1-year high after favorable analyst upgrades,Positive ratings from multiple analysts boost market confidence,Strong trading volume indicates heightened investor interest,Integer Holdings Co.,(NYSE:ITGR),has r...
Avient's Price Target Increase Reflects Growth Potential
October 15, 2024 07:17 AM AEDT| By Team Kalkine MediaHeadlines,Oppenheimer increases price target for Avient, signaling confidence in growth.,Deutsche Bank upgrades Avient's rating, reflecting positive market sentiment.,Avient shares show upward movement amidst favorable analyst assessments.,Avien,(NYS...