TechMediaBreaks Archive - Page 28 of 132

WednesdayNov 06, 2024 2:14 pm

TechMediaBreaks – Pinterest Inc. (NYSE: PINS) Financial Overview and Growth Potential

Pinterest (NYSE: PINS) is a social media platform that allows users to discover and save ideas through images and videos. The company generates revenue primarily through advertising, offering tools that help businesses reach their target audience. As Pinterest enhances its advertising tools and user engagement, it is expected to see a year-over-year increase in revenue, which should positively impact its earnings. Pinterest’s financial metrics reflect investor confidence in its growth potential. The company has a high price-to-earnings (“P/E”) ratio of 118.73, showing that investors are willing to pay a premium for its earnings. This suggests optimism about Pinterest’s future profitability,…

WednesdayNov 06, 2024 9:00 am

TechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Deemed “Awardable” by DoD’s Tradewinds Solutions Marketplace

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”) announced it has achieved "Awardable" status in the US Department of Defense's (DoD) Tradewinds Solutions Marketplace, which showcases cutting-edge technologies for potential DoD adoption. This designation endorses D-Wave’s annealing quantum computing technology as a vetted solution for addressing complex challenges in logistics, manufacturing, scheduling, drug discovery, and sustainability. D-Wave collaborated with Clipper Defense to present use cases, including supply chain and transportation logistics optimization, highlighting the company’s potential to support DoD mission objectives. To view the full press release, visit https://ibn.fm/OcYay About D-Wave Quantum Inc. D-Wave is a leader in the development and delivery of…

TuesdayNov 05, 2024 2:48 pm

TechMediaBreaks – AQUALAB Unveils Advanced Solution – SKALA Dry

AQUALAB by Addium today introduced SKALA Dry, an advanced software solution designed to dramatically enhance the capabilities of spray dryers, continuous lines and other industrial dryers. SKALA Dry is a powerful upgrade for food processing operations that need to maintain the highest levels of operational efficiency and product quality. Utilizing PLC temperature data, SKALA Dry is able to make intelligent set point adjustments before products leave the dryer, giving users significantly improved moisture control, less product variability and more profit. “Without a way to measure what’s happening inside your dryer, all you can do is react to problems after they’ve…

TuesdayNov 05, 2024 2:24 pm

TechMediaBreaks – Alphabet Inc. (NASDAQ: GOOGL) Secures Legal Victory

Alphabet (NASDAQ: GOOGL, GOOG), through Google, has recently achieved a legal victory by defeating a proposed class action lawsuit. The lawsuit accused Google of illegally profiting from Google Play gift card scams and refusing to refund millions of dollars to victims. A federal judge dismissed the case, marking a significant win for the tech giant. This legal victory comes at a time when GOOGL’s stock price is approximately $169.58, showing a slight increase of 0.20% or $0.34. The stock has traded between $168.84 and $170.11 today. This stability in stock price reflects investor confidence in Google’s ability to navigate legal…

MondayNov 04, 2024 2:39 pm

TechMediaBreaks – Benzinga Conference to Bring Finance Veterans and Digital Innovators Together to Shape Future of Capital Markets

The Benzinga Future of Digital Assets and Fintech Deal Day conference is set to showcase timely insights into the challenges and opportunities shaping the next era of capital markets. The conference will feature 130+ speakers representing the full spectrum of today’s financial landscape. Building on the success of last year’s event, the conference will bring even more industry-defining collaborations and enable attendees to connect with capital markets leaders during high-impact networking sessions and roundtables. “This isn’t just another fintech and digital assets conference,” says Jason Raznick, CEO of Benzinga. “We’re bringing together traditional finance veterans and digital innovators to shape…

FridayNov 01, 2024 12:22 pm

TechMediaBreaks – Meta Platforms Inc. (NASDAQ: META) Surpasses Q3 Earnings Expectations

Meta (NASDAQ: META) has delivered impressive third-quarter earnings, exceeding Wall Street’s expectations in both revenue and profit. Despite this strong financial performance, the stock has seen a decline. Analysts are concerned about potential new capital expenditure issues related to AI within the Big Tech sector. Currently, META’s stock price stands at $569.79, marking a 0.39% increase or $2.21. The stock has fluctuated today, trading between $562.58 and $573.25. Over the past year, META has seen a high of $602.95 and a low of $311.02. This volatility reflects the market’s mixed sentiment despite the company’s strong earnings. Meta’s market capitalization is…

FridayNov 01, 2024 9:00 am

TechMediaBreaks – SOBRsafe Inc. (NASDAQ: SOBR) Secures Nasdaq Compliance, Continues Listing Under Monitoring Period

SOBRsafe (NASDAQ: SOBR) announced its compliance with Nasdaq's listing standards, meeting minimum bid price, public float, and stockholders' equity requirements per the August 2024 Nasdaq Hearings Panel decision. As a result, SOBRsafe's common stock will remain listed on the Nasdaq Capital Market. The company will undergo a one-year monitoring period starting Oct. 30, 2024, during which any recurrence of non-compliance with the stockholders' equity rule will result in an immediate Delist Determination Letter, requiring a new hearing request without a compliance grace period. To view the full press release, visit https://ibn.fm/2ihhB About SOBRsafe(TM) Alcohol misuse is the fourth leading cause…

ThursdayOct 31, 2024 11:46 am

TechMediaBreaks – Trump Media & Technology Group Corp. (NASDAQ: DJT) Faces Significant Stock Decline

Trump Media & Technology Group (NASDAQ: DJT) is facing a notable decline in its stock value, with shares dropping over 16% on Wednesday. This marks the largest percentage decrease in six months, halting the stock’s recent upward trend. The company, known for its social media platform, competes with major players like Twitter and Facebook. The current price of DJT is $38.27, showing a decrease of 4.40% or $1.76. This decline is part of a broader fluctuation, with the stock trading between $37.60 and $43.86 today. Such volatility is not uncommon in the tech sector, where market sentiment can shift rapidly.…

TuesdayOct 29, 2024 3:13 pm

TechMediaBreaks – SuperCom Ltd.’s (NASDAQ: SPCB) Platform Providing Win-Win Solution for Criminal Justice Systems

SuperCom (NASDAQ: SPCB), an electronic monitoring (“EM”) technology innovator, has developed an end-to-end solution that utilizes GPS tracking, communication, monitoring technologies, and real-time tracking and reporting to help justice systems worldwide reduce recidivism and improve offender rehabilitation. “SuperCom’s flagship platform works in near real-time to transmit information on a monitored subject’s whereabouts, not only on a geographical footprint but also with elevation data, for more effective use in the 3-D landscape inhabited by apartment dwellers and office workers,” a recent article reads. “The system also notifies victims via cell phone if an offender’s location is proximal to their location.” To…

MondayOct 28, 2024 12:44 pm

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Gains $10M Support from Robert Bollinger to Propel B4 EV Truck Production

Mullen Automotive (NASDAQ: MULN) announced that Bollinger Motors founder, Robert Bollinger, has provided $10 million in non-dilutive debt financing to accelerate the production and sales of Bollinger’s all-electric Class 4 B4 truck. This funding supports Bollinger’s full-scale production efforts, with trucks now assembled by Roush Industries in Michigan, using over 70% U.S.-made content. Mullen CEO David Michery commended Bollinger’s continued commitment to building the brand, with more details on the financing to be filed in an upcoming Form 8-K with the SEC. To view the full press release, visit https://ibn.fm/HCNb4 About Mullen Automotive Inc. Mullen Automotive is a Southern…

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