SpaceX's
promised government support for the Starlink satellite network could have a
significant effect on the telecom sector. As a consequence, certain firms may
have access to new opportunities and, so far, the stocks do not take this
future development into account.
SpaceX has
successfully entered a market for...
The Nasdaq-listed company GBS Inc.
announced that it has closed its previously announced initial public offering
of 1,270,589 shares. The offering reflected a 20% upsizing at the time the
offering was priced. For each unit sold, the Company issued one share of its
common stock at a price of $17.00 per...
Amryt (Nasdaq: AMYT) announces the US Food
and Drug Administration (FDA) has authorized AP103 as an orphan drug to treat
Dystrophic EpidermolysisBullosa (DEB).
The AP103 drug was developed by Amryt, a gene-therapy company, to treat
patients with DEB, a subset of EB.
The FDA's Office of Orphan...
The security equipment manufacturer
Arlo Technologies Inc (ARLO) recently entered into a collaboration agreement
with Calix Inc (CALX). The strategic partnership news drove the stock price of
Arlo to surge nearly 15% on December 8.
Calix is a provider of enterprise
applications which will also partner with...
NVIDIA
Corporation (NASDAQ: NVDA) operates as a visual computing company in the
steadily expanding global gaming industry. It is primarily involved in four
markets – Gaming, Enterprise, High-Performance Computing & Cloud, and
Automotive – and deals with graphics processing units (GPU), PC gaming, Tegra
processors, and artificial intelligence (AI).
On
Tuesday, Apple Inc (AAPL) rose by 5.01 percent to $127.88. The stock surged as
the Cupertino, California-based technology giant, which capitalizes on Wall
Street for more than $2,100 billion, expects to manufacture up to 96 million
iPhones in the first half of 2021, a rise of almost 30 percent year-on-year.
Consequently,...
Thanks to the news of collaboration
with Amazon.com Inc. (AMZN) in automotive technology, BlackBerry Ltd. (BB) got
a strong increase past week.
The 19% rise in stock price on December
1 was attributed to the fact that BlackBerry will establish a platform for
collecting and analyzing data generated...
In the
trading session on Monday, Palantir Technologies Inc. (PLTR) jumped 21.34
percent to $28.94. The big data analytics expert, according to Bloomberg, has
secured a three-year deal with the FDA, the U.S. Administration of Food and
Medications. The $44.4 million contract will strengthen drug record review and
control.
In the third quarter, furniture
retailer Lowe's Companies Inc. (LOW) showed double-digit growth in comparable
sales. During COVID-19, the company effectively exploited the momentum in the
home improvement industry.
Lowe's comparable sales in the third
quarter rose 30 percent year-on-year. That's a modest slowdown from last
quarter's 35 percent,...
Alphabet Inc
(GOOGL) and Facebook Inc (FB) were up 1.30% and 0.81% in Friday. In order to
limit the misuse by Google and Facebook of their positions considered dominant
in the online advertisement industry, the UK competition authority has unveiled
new regulations that will take effect next year.
