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 ...
Uber Reportedly Investing in Autonomous Driving Firm Pony.ai
PYMNTS.com· 2024-11-22 01:00
When autonomous driving firm Pony.ai goes public, Uber reportedly plans to invest. The ride hailing/food delivery company intends to purchase more than $10 million worth of shares in Pony.ai's initial public offering (IPO), which is expected to be priced next week, Bloomberg News reported Thursday (Nov. 21), citing sources familiar with the matter. One source told the news outlet that Uber may also consider using China-based Pony.ai's technology in a project outside of the U.S. PYMNTS has contacted both com ...
Skunk Works® Demonstrates Airborne Battle Management of AI-Controlled Aircraft
Prnewswire· 2024-11-22 01:00
IOWA CITY, Iowa, Nov. 21, 2024 /PRNewswire/ -- Lockheed Martin Skunk Works® (NYSE: LMT), in partnership with Lockheed Martin's Demonstrations and Prototypes organization and the University of Iowa's Operator Performance Laboratory (OPL), showcased a crewed-uncrewed teaming mission where an airborne battle manager issued real-time commands to AI-controlled aircraft through a touchscreen pilot vehicle interface (PVI).In a series of flight tests, the Skunk Works and OPL teams simulated an offensive counter air ...
HUMACYTE, INC. (NASDAQ: HUMA) INVESTOR ALERT: Investors With Large Losses in Humacyte, Inc. Should Contact Bernstein Liebhard LLP To Discuss Their Rights
GlobeNewswire News Room· 2024-11-22 01:00
NEW YORK, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that a shareholder has filed a securities class action lawsuit on behalf of investors (the "Class") who purchased or acquired the securities of Humacyte, Inc. ("Humacyte" or the "Company") (NASDAQ: HUMA) between May 10, 2024 and October 17, 2024, inclusive. For more information, submit a form at Humacyte, Inc. Shareholder Class Action Lawsuit, email Investor Relations Manager Peter Allocco at pallocco@bernlieb.com, or call us at (2 ...
Opinion: Nvidia Had Great Earnings, and These Are Key Points AI Investors Should Know
The Motley Fool· 2024-11-22 00:59
Nvidia continues to see strong demand for its upcoming Blackwell AI solution. In today's video, I discuss recent updates impacting Nvidia (NVDA -1.45%). To learn more, check out the short video, consider subscribing, and click the special offer link below. *Stock prices used were the after-market prices of Nov. 20, 2024. The video was published on Nov. 20, 2024. ...
KYNDRYL OUTLINES GROWTH STRATEGY AT 2024 INVESTOR DAY
Prnewswire· 2024-11-22 00:57
Poised for ongoing annual revenue growth, margin expansion and significant cash flow generation Board authorizes $300 million share repurchase programNEW YORK, Nov. 21, 2024 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today hosted its 2024 Investor Day. At the event, senior management outlined the Company's growth strategy, multi-year outlook and capital allocation priorities, including initiating a $300 million share repurchase program."Sinc ...
Sprouts Farmers Rises 49% in Three Months: What's Next for Investors?
ZACKS· 2024-11-22 00:56
Sprouts Farmers Market, Inc. (SFM) shares have gained 48.7% in the past three months, surpassing the industry and the broader S&P 500 index’s growth of 28.1% and 6.4%, respectively. This strong performance underscores the company’s solid business strategies and market positioning.Image Source: Zacks Investment ResearchSFM stock last traded at $142.75 and just 3.9% below its 52-week high of $148.56, touched on Nov. 12, 2024. This highlights the stock's strong upward momentum, indicating continued investor co ...