Why Planet Labs Stock Was Up 8% Today
The Motley Fool· 2024-11-22 01:10
Planet Labs (PL 7.64%) operates the largest constellation of Earth observation satellites in the world. On Thursday, it's also looking like one of the biggest gainers among space stocks, gaining 8.6% through 11:30 a.m. ET. That's curious, because the latest bit of news out of Planet Labs initially received the opposite reaction from investors. When the company announced yesterday that it had won a "six-figure deal" to help Global Fishing Watch "map small vessel activity across millions of square kilometers ...
ROSEN, LEADING INVESTOR COUNSEL, Encourages Humacyte, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – HUMA
GlobeNewswire News Room· 2024-11-22 01:08
NEW YORK, Nov. 21, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Humacyte, Inc. (NASDAQ: HUMA) between May 10, 2024 and October 17, 2024, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 17, 2025. SO WHAT: If you purchased Humacyte securities during the Class P ...
Reddit Up and Down as Bug Apparently Causes Outages
CNET· 2024-11-22 01:07
Reddit has acknowledged on social media that technical issues appear to be causing the popular message board service to suffer some outages. The problems appeared to have begun on Wednesday and were still affecting the site and app as of Thursday morning. The site Downdetector showed a spike of more than 45,000 complaints on Wednesday afternoon and then an even bigger spike of nearly 70,000 reports around 9 a.m. ET Thursday morning. (Downdetector is owned by the same parent company as CNET, Ziff Davis.) In ...
Alphabet Shares Dip As DOJ Requests Sale Of Google Chrome & Other Remedies After Antitrust Win
Deadline· 2024-11-22 01:07
Shares of mighty Alphabet are down about 7% today after the U.S. Department of Justice said it should sell its Chrome web browser among other remedies after the tech giant lost a landmark antitrust case last summer. Government lawyers said in a filing that splitting Google's dominant search engine from Chrome, which controls about two-thirds of the browser market, as well as from its Android operating system, is necessary to ensure a competitive Internet. The filing comes after U.S. District Judge Amit Meht ...
Trading Near 52-Week High, Why Allstate Stock is Still Worth Buying
ZACKS· 2024-11-22 01:05
Shares of The Allstate Corporation (ALL) have rallied 41% over the year-to-date period to close at $197.29 on Wednesday. The significant gains have pushed the stock’s price closer to the upper end of its 52-week range of $134.17-$201. It outperformed its peers like MetLife, Inc. (MET) and American International Group, Inc. (AIG) , the overall industry, and the S&P 500 Index during this time.YTD Price Performance Comparison Image Source: Zacks Investment ResearchALL’s Earnings Estimates & ValuationThe Zacks ...
Delving Beyond Alibaba's Q2 Earnings: Should You Buy the Stock?
ZACKS· 2024-11-22 01:05
Alibaba's (BABA) recent second-quarter fiscal 2025 results paint a picture of steady growth amid challenging market conditions. While revenues of $33.7 billion exceeded the Zacks Consensus Estimate by 0.69%, the non-GAAP earnings of $2.15 per ADS fell short of the consensus mark by 4.87%, reflecting increased strategic investments across key business segments. Core Business Strength and Monetization Progress The company's domestic e-commerce segment demonstrates robust fundamentals, with Taobao and Tmall re ...
Nvidia: Grossly Undervalued
Seeking Alpha· 2024-11-22 01:03
Nvidia Corporation (NASDAQ: NVDA ) just released third fiscal quarter earnings that were better than expected on both the bottom and the top line. Nvidia’s Data Center segment remained on fire in the quarter ending on OctoberAnalyst’s Disclosure: I/we have a beneficial long position in the shares of NVDA, AMD, INTC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha ...
Polaris Donates Nearly $85,000 To Off-Road and Snow Organizations Through Its Fall 2024 TRAILS GRANTS
Prnewswire· 2024-11-22 01:02
Combined with the Spring 2024 TRAILS GRANTS, Polaris has donated more than $220,000 in 2024 and more than $3.5 million since the program's inception MINNEAPOLIS, Nov. 21, 2024 /PRNewswire/ -- Today, Polaris Inc. (NYSE: PII), announced it is donating nearly $85,000 to off-road vehicles (ORV), all-terrain vehicles (ATV) and snowmobile riding clubs, and organizations across the United States and Canada as a part of its TRAILS GRANTS program. The TRAILS GRANTS program offers support to organizations and program ...
SAGE's Dalzanemdor Fails to Meet Goal in Huntington's Disease Study
ZACKS· 2024-11-22 01:01
Sage Therapeutics’ (SAGE) phase II study evaluating its neuropsychiatric candidate, dalzanemdor (SAGE-718), for treating cognitive impairment (CI) associated with Huntington’s Disease (HD) failed to meet the primary endpoint.The double-blind, placebo-controlled DIMENSION study evaluated the effects of dalzanemdor in participants with CI associated with HD.Top-line data from the study showed that dalzanemdor failed to demonstrate a statistically significant difference from baseline compared to placebo on the ...
Senator Urges Fed to Maintain Asset Cap on WFC Over Compliance Issues
ZACKS· 2024-11-22 01:01
Elizabeth Warren, a top Democratic Senator, has requested the Federal Reserve not to remove the $1.95 trillion asset cap imposed on Wells Fargo & Company (WFC) until the bank solves its risk management and compliance issues. This was reported by Reuters on Nov. 20, 2024. In a letter to the Fed's chairman, Jerome Powell and regulatory chief, Michael Barr, Warren highlighted that the restriction, which was imposed in 2018, should not be lifted until WFC "can show that it can properly manage the risks associat ...