News

Here’s why I won’t invest in Nvidia competitor Cerebras’ IPO
October 12, 2024 10:41 PM AEDT| By InvezzCerebras Systems Inc. – a California-based artificial intelligence company is seeking to go public in the US at a valuation of about $8.0 billion in 2024. The venture-backed firm specializes in chips that are used for training large language models a...

Xinjiang Changji Electric Power Supply Company: Power "Inspections" Help Heating Companies Operate at Full Capacity
October 12, 2024 10:35 PM AEDT| By CisionCHANGJI, China, Oct. 12, 2024 /PRNewswire/ -- Recently, as the 2024 heating season has commenced, to ensure residents enjoy clean and warm heating through the winter, on October 9th, members of the se...

Brazil’s proposed millionaires tax: How it could impact key sectors, including crypto
October 12, 2024 09:45 PM AEDT| By InvezzBrazil is on the verge of significant economic reform as the government explores a potential tax on millionaires to offset planned income tax breaks for lower-income citizens. Finance Minister Fernando Haddad revealed that this proposal is part of Pr...

MicroStrategy’s NAV premium hits highest level since 2021 as BTC falls 16%
October 12, 2024 09:04 PM AEDT| By InvezzMicroStrategy Inc. (MSTR) has seen its net asset value (NAV) premium surge to its highest level since February 2021, despite Bitcoin’s ongoing price decline. The NAV premium, which reflects the market value of MicroStrategy’s stock relative to...

The GMIF2024 Annual Awards Revealed: Micron, Silicon Motion, Western Digital, and More Companies Make the List
October 12, 2024 08:32 PM AEDT| By CisionSHENZHEN, China, Oct. 12, 2024 /PRNewswire/ -- On September 27, the Third GMIF2024 Innovation Summit (Global Memory Innovation Forum) was successfully concluded in Renaissance Shenzhen Bay Hotel. The...

NFT auction market cools significantly: is there a silver lining for investors?
October 12, 2024 08:32 PM AEDT| By InvezzThe NFT (non-fungible token) auction market has cooled down significantly from its 2021 frenzy, characterized by fewer auctions and lower price ranges, but experts are likening the phase to a healthy consolidation that will usher in more sustainable...

Ailux Biologics, a Division of XtalPi, Enters into a License Agreement with Janssen Biotech on Biologics AI Platform
October 12, 2024 07:57 PM AEDT| By CisionCAMBRIDGE, Mass., Oct. 12, 2024 /PRNewswire/ -- XtalPi, a global leader in AI drug discovery, announced today a license agreement between Ailux Biologics, a division of XtalPi Inc., and Ja...

Boeing is laying off 10% of its workforce, here’s why
October 12, 2024 05:41 PM AEDT| By InvezzBoeing Co. announced late Friday that it plans to cut approximately 10% of its workforce, a move that surprised markets as the aerospace and defense giant continues to face significant financial challenges. The company warned investors of a larger-th...

The Rise of CBD in Cambodia Dara Sakor Tourism, Infrastructure and Investment Promotion Advance Together to Reshape the New Image of Cambodia's City
October 12, 2024 04:38 PM AEDT| By CisionKOH KONG, Cambodia, Oct. 12, 2024 /PRNewswire/ -- Recently, COASTAL CITY DEVELOPMENT GROUP has newly upgraded Cambodia Dara Sakor -Stardream Lake area and will plunge 200 hectares of land into sa...

Shanghai Electric Showcases Green Energy Innovations at Enlit Asia 2024, Bringing Products Designed to Empower Malaysia for Green Transition
October 12, 2024 11:38 AM AEDT| By CisionKUALA LUMPUR, Malaysia, Oct. 12, 2024 /PRNewswire/ -- Shanghai Electric (SEHK:2727, SSE:601727) unveiled its latest energy innovations at Enlit Asia 2024, the leading conference and e...

Which Top 5 Stocks Led the Decline?
October 12, 2024 10:58 AM AEDT| By Team Kalkine MediaHighlights,Surf Air Mobility Inc. saw a significant decline, reflecting recent market challenges within the mobility sector.,Inno Holdings Inc. and Veea Inc. faced downward trends, showcasing pressures across the technology and service industries.,Bi...

Who Are the Top 5 Gainers Today In US Market?
October 12, 2024 10:57 AM AEDT| By Team Kalkine MediaHighlights,Top Wealth Group Holding Limited saw a significant rise, reflecting strong activity in the financial sector.,The Container Store experienced a notable surge, showcasing momentum within the retail and storage solutions industry.,Verb Techno...

X3 Holdings Receives Extension to Regain Compliance with the Nasdaq's Minimum Bid Price Requirement
October 12, 2024 07:30 AM AEDT| By CisionSINGAPORE, Oct. 12, 2024 /PRNewswire/ -- X3 Holdings Co., Ltd. (Nasdaq: XTKG) (the "Company" or "XTKG"), a global provider of digital solutions and technology services spanning div...

Top Losers Across Diverse U.S. Sectors
October 12, 2024 07:18 AM AEDT| By Team Kalkine MediaHighlights,Surf Air Mobility sees a steep drop, reflecting challenges in the aviation technology sector.,Inno Holdings and Veea Inc. face significant declines, signaling ongoing struggles in the tech sector.,Big Tree Cloud Holdings and Team Inc. exp...

Top Gainers Across Diverse U.S. Sectors
October 12, 2024 07:12 AM AEDT| By Team Kalkine MediaHighlights,CAMP4 Therapeutics Corporation leads the market with a dramatic stock increase, signaling a strong day for the biotech sector.,Top Wealth Group Holding Limited continues its upward trend, showcasing the strength of diversified investment s...

China Liberal Education Holdings Limited Reports Financial Results for the First Six Months of Fiscal Year 2024
October 12, 2024 07:05 AM AEDT| By CisionBEIJING, Oct. 12, 2024 /PRNewswire/ -- China Liberal Education Holdings Limited (Nasdaq: CLEU) ("China Liberal," the "Company," "we," "our," or "us"),...
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Understanding Withholding in Securities and Taxation: Practices, Regulations, and Implications
October 12, 2024 04:26 AM AEDT| By Team Kalkine MediaHighlights:,Securities Withholding:,Illegal practice where participants in a public offering,retain,shares privately to profit from price increases.,Tax Withholding:,Employers withhold a,portion,of employees' income to cover tax liabilities.,Corporat...

Understanding "With Ice" in Securities Trading: The "When Issued" Market
October 12, 2024 04:24 AM AEDT| By Team Kalkine MediaHighlights:,Definition:,"With Ice" refers to securities traded on a "when issued" basis.,Trading Mechanism:,These securities are bought and sold before the official issuance date, based on expected future availability.,Risk Consideration:,Trades are...

Text-to-Game: the new phenomenon sweeping the games industry
October 12, 2024 04:06 AM AEDT| By InvezzThe gaming industry has long been a playground for innovation and technological advancement. However, a new trend is making waves, potentially transforming the way games are created, experienced, and monetized. Text-to-Game technology is quickly beco...

The Winner’s Curse: A Dilemma for Uninformed Bidders in Financial Markets
October 12, 2024 04:05 AM AEDT| By Team Kalkine MediaHighlights:,Definition:,The winner’s curse is a situation where uninformed bidders overpay for an asset due to lack of knowledge.,IPO Impact:,Uninformed participants in IPOs may receive larger allotments of overpriced issues that informed bidders avo...