December 05, 2024 at 2:08 pm

The Great Energy Equation: How Data Centers, EVs, and AI Are Transforming the Grid and Spurring Innovation

As the world accelerates into a digitally driven era, the escalating energy demands of data centers, electric vehicles (EVs), and artificial intelligence (AI) are exerting unprecedented pressure on global power grids. This surge presents both formidable challenges and compelling opportunities for innovative energy solutions. In 2022, data centers, AI, and cryptocurrency mining collectively consumed approximately… [Read More]
December 05, 2024 at 2:05 pm

PRISM Emerging EV: Blink and Power Design Partner To Provide Power to EVs

A leading global manufacturer and operator of electric vehicle (EV) charging equipment, Blink Charging (BLNK), announced a new partnership with Power Design, Inc., one of the largest design-build multi-trade contractors in the U.S. In the agreement, Blink will provide 429 EV chargers with 723 charging plugs for luxury multifamily apartments and condominiums across various Power… [Read More]
December 05, 2024 at 11:25 am

Protara Stock Surges 116% on Breakthrough Bladder Cancer Trial Results

Protara Therapeutics, Inc. (Nasdaq: TARA) announced promising results from its Phase 2 ADVANCED-2 trial, sending its stock soaring 116%. The trial evaluated TARA-002, the company’s investigational cell-based therapy for Non-Muscle Invasive Bladder Cancer (NMIBC), and demonstrated significant efficacy and safety across both Bacillus Calmette-Guérin (BCG)-Unresponsive and BCG-Naïve patient cohorts. Data Highlights: BCG-Unresponsive Patients: Achieved a… [Read More]
December 04, 2024 at 4:47 pm

Trump Nominates SEC Chair: Who is Paul Atkins and What to Expect

Today it was announced that President-elect Donald Trump has nominated former SEC member, Paul Atkins to be the SEC Chair. Currently, Gary Gensler holds the position and had formerly been an investment banker with Goldman Sachs. This shift in leadership will be an impactful change for Wall Street as Atkins takes a more conservative approach… [Read More]
December 04, 2024 at 4:05 pm

Stoke Therapeutics Wins FDA Breakthrough Therapy Designation for Dravet Syndrome Treatment

Stoke Therapeutics (Nasdaq: STOK) announced that its investigational therapy, zorevunersen, has received Breakthrough Therapy Designation from the U.S. Food and Drug Administration (FDA) for the treatment of Dravet syndrome with a confirmed mutation in the SCN1A gene. This designation recognizes the potential of zorevunersen to offer substantial improvement over existing treatments for this severe and… [Read More]
December 04, 2024 at 3:35 pm

Hut 8 Launches $500M ATM Program and Stock Buyback to Drive Bitcoin Mining Expansion

Hut 8 Corp. (Nasdaq | TSX: HUT), a leader in energy infrastructure and Bitcoin mining, has unveiled two significant capital market initiatives. The company announced a $500 million “at-the-market” (ATM) offering program and a $250 million stock repurchase program, highlighting its proactive approach to treasury management and shareholder returns. Key highlights include: ATM Program: Hut 8… [Read More]
December 04, 2024 at 1:46 pm

The “Check Engine” Light Is On: General Motors Reports Over $5Bn Charge Related to China

General Motors (NYSE: GM) announced it will record two non-cash charges totaling over $5Bn billion related to its joint venture in China, reflecting restructuring costs and a diminished valuation of its operations in the region. The charges will be recorded in GM’s fourth-quarter earnings, impacting net income but not adjusted results. Breakdown of Charges Restructuring… [Read More]
December 04, 2024 at 11:05 am

Small-Cap Oil and Gas Firms Await a Boom Under Trump’s Deregulatory Push

The oil and gas sectors are poised for significant transformation as President-elect Donald Trump prepares to assume office. His administration’s policies are expected to substantially impact the industry, with particular implications for small-cap companies. Trump’s agenda includes rolling back environmental regulations and promoting fossil fuel development. He plans to rescind existing climate policies and increase… [Read More]
December 04, 2024 at 10:20 am

PRISM Holiday Gift Guide: Top Trendy Tech Gadgets for Every Enthusiast

The holiday season has kicked off and is now in full swing as consumers pulled out their pocketbooks to make their Black Friday and Cyber Monday purchases. It comes as no surprise that Black Friday had more success from online sales than in-store. According to Mastercard SpendingPulse, this Black Friday online sales surged 14.6% year-over-year… [Read More]
December 04, 2024 at 8:50 am

Stocks making the biggest moves premarket: Salesforce, Foot Locker, Pure Storage, PSQ Holdings & more

Business Highlights Before Market Open: Salesforce — An impressive 12% surge in shares has been noticed following the impressive third-quarter revenue beat by the enterprise software company. Coming ahead of the LSEG predicted $9.35 billion, Salesforce reported a robust $9.44 billion in revenue. The company’s subscription revenue also outperformed analyst predictions. Dollar Tree — With… [Read More]