Movers & Shakers Archives - Page 11 of 31

1 minute read

Google, Amazon, Microsoft AI Partnerships Face FTC Scrutiny

January 25, 3:17 PM

The Federal Trade Commission (FTC) announced on Thursday that it has launched an inquiry into generative AI investments and partnerships in order to better understand these relationships and their impact on the competitive landscape.

AMZN

1 minute read

ServiceNow Reports Better-Than-Expected Q4 Results

By Erica Kollmann

January 24, 5:41 PM

ServiceNow reported quarterly earnings of $3.11 per share which beat the analyst consensus estimate of $2.79 by 11.47%. The company reported quarterly sales of $2.44 billion, beating the analyst consensus estimate of $2.4 billion by 1.61% and representing a 25.62% increase over sales of $1.94 billion from the same period last year.

NOW

2 minute read

Newmont Fortifies Management On Heels Of $17B Deal, Appoints New Chief Legal Officer

By Stjepan Kalinic

January 24, 5:12 PM

Newmont's recent $16.8 billion purchase of Newcrest Mining solidified its status as the largest global gold producer.

NEM

1 minute read

What’s Going On With Genius Group Stock?

By Erica Kollmann

January 24, 2:37 PM

Genius Group Limited shares are trading higher Wednesday. The company announced that it has signed a definitive merger agreement with FatBrain AI, an AI SaaS and solutions company. Genius Group said that the merger has been approved by the boards of both companies, a definitive agreement has been signed and the merger will close subject to fulfillment of certain closing conditions.

GNS

1 minute read

Why Spirit Aerosystems Stock Is Climbing

By Erica Kollmann

January 24, 1:22 PM

According to the Seattle Times report, Boeing mechanics are responsible for improperly installing the fuselage panel that blew off an Alaska Airlines jet mid-flight earlier this month. The fuselage panel had been removed for repair and then reinstalled improperly on the final assembly line at Boeing's Renton factory, according to the source.

2 minute read

What’s Going On With B2Gold Stock?

By Erica Kollmann

January 24, 1:04 PM

B2Gold Corp shares are trading lower Wednesday. The company reported its fourth-quarter and full year 2023 consolidated gold production and revenue figures after the market close on Tuesday. B2Gold announced its total consolidated gold production for fourth-quarter at 288,665 ounces, below its consolidated gold production of 367,870 ounces from the same period in 2022.

BTG

1 minute read

Why Redhill Biopharma Stock Is Moving Higher

By Erica Kollmann

January 24, 12:30 PM

Redhill Biopharma Ltd. shares are trading higher Wednesday after the company was granted a patent for a method for eradicating helicobacter pylori infections in patients regardless of body mass index.

RDHL

1 minute read

Why Nxu Stock Is Charging Higher Today

By Erica Kollmann

January 24, 12:06 PM

Nxu, Inc. shares are trading higher Wednesday after the company announced that it has secured a patent protecting the design for a locking mechanism in the NxuOne charging handle. Nxu stated that it also secured a second patent protecting its proprietary thermal management solution for electric vehicle batteries.

NXU

1 minute read

Why SciSparc Stock Is Lighting Up

By Erica Kollmann

January 24, 11:54 AM

SciSparc Ltd. shares are trading higher Wednesday after the company announced that it has entered into a standby equity purchase agreement with YA II PN, Ltd., a fund managed by Yorkville Advisors Global, LP.

SPRC

2 minute read

What’s Going On With Rail Vision Stock?

By Erica Kollmann

January 23, 1:58 PM

Rail Vision Ltd. (NASDAQ:RVSN) shares are rocketing higher Tuesday. The company announced that its Main Line system had obtained formal certifications for European Union (EU) railway standards on Monday. Rail Vision said that the EU certification underscores its commitment achievement to quality, safety, and innovation in the railway technology market.

RVSN