Prism MarketView

July 12, 2024 at 2:00 pm

Stocks making the biggest moves midday: Wells Fargo, JPMorgan, AT&T, Carvana and more

Take a look at the companies that have made waves in today’s midday trading: Wells Fargo — The San Francisco-based lending company saw its shares dip almost 7% after it revealed a 9% decrease in net interest income. Despite surpassing Wall Street’s expectations for the second quarter’s earnings and revenue, Wells Fargo’s $11.92 billion net… [Read More]

July 12, 2024 at 11:03 am

Understanding GPUs: The Engine Behind AI Development

In the rapidly evolving world of technology, Graphics Processing Units (GPUs) have transitioned from being primarily gaming components to becoming crucial elements in artificial intelligence (AI) development. What are GPUs? A Graphics Processing Unit (GPU) is a specialized electronic circuit designed to rapidly manipulate and alter memory to accelerate the creation of images intended for… [Read More]

July 12, 2024 at 11:03 am

Stocks Up as Inflation Expectations Fuel Fed Bets: Markets Wrap

Producer Prices Rise Slightly More Than Forecast on Margins Consumer Sentiment Falls to Eight-Month Low, Inflation Eases Stocks rose and bond yields fell as the latest economic readings reinforced speculation that the Federal Reserve might cut rates as early as September. The S&P 500 topped 5,600 after sliding almost 1% in the previous session, with… [Read More]

July 12, 2024 at 10:29 am

Vistagen Tops PRISM Mental Health Index with Migraine Patent News

Neuroscience-focused biopharmaceutical company, Vistagen Therapeutics (Nasdaq: VTGN), topped the PRISM Mental Health Index on Thursday, rising nearly 20% during intraday trading and closing up 12.36% at $3.91. The company announced it has secured multiple new patents related to the use of its migraine treatment candidate, PH80. PH80 is a non-systemic, hormone-free investigational pherine nasal spray… [Read More]

July 12, 2024 at 9:04 am

Stocks making the biggest premarket moves: Wells Fargo, JPMorgan, Tesla, Carvana and more

Have a look at the corporate heavyweights making the most significant shifts in premarket trading: Wells Fargo — The bank’s shares took a 6% hit after it disclosed a net interest income of $11.92 billion for Q2, which marks a 9% downfall from the previous year. The numbers failed to meet the $12.12 billion expectation… [Read More]

July 11, 2024 at 12:56 pm

SoundHound (SOUN) Drives Forward and Expands Chat AI Feature in Peugeot, Opel, and Vauxhall Vehicles Throughout Europe

Today SoundHound AI (SOUN) is making moves currently leading the PRISM NextGen Tech and AI Index as it is trading up ~9%. Yesterday, the company announced it has launched SoundHound Chat AI voice assistant that integrates with ChatGPT in Peugeot, Opel and Vauxhall vehicles throughout Europe. These three vehicle brands reach 11 European markets that… [Read More]

July 11, 2024 at 11:23 am

A New Vision for Treating Eye Pain: OKYO Pharma Initiates Phase 2 Trial of OK-101 for Neuropathic Corneal Pain

OKYO Pharma Limited (NASDAQ: OKYO), a leader in the development of novel ophthalmic therapies, saw its shares surge 22% after announcing it is set to commence a Phase 2 clinical trial for its innovative drug, OK-101, targeting neuropathic corneal pain (NCP). This trial marks a significant step as OK-101 is believed to be the first… [Read More]

July 11, 2024 at 11:01 am

SKYX Brightens Outlook: Production Begins on Global Patented, Smart Plug and Play Recessed Lighting Product

Today the disruptive smart platform technology company, SKYX Platforms Corp (SKYX) announced the production of its latest product, a global patented advanced, smart, plug and play recessed light. The global market for recessed lighting is estimated to be a multi-billion-unit market. SKYX new Plug & Play recessed light global patents include U.S., China, Canada, Hong-Kong… [Read More]

July 11, 2024 at 9:19 am

Oncocyte CEO Josh Riggs on Market Disruption, Product Market Fit and Future Outlook Featured on MedTech Guru’s Podcast

CEO Josh Riggs of the molecular diagnostics technology company, Oncocyte (OCX) was featured on the MedTech Guru’s latest podcast episode 247, “Take Advantage of the Moment.” Riggs discusses Oncocyte’s innovative strategies in molecular diagnostic technology and the profound impact innovation can make toward improving patient care. In the episode, MedTech podcast host Thomas Hickey identifies… [Read More]

July 11, 2024 at 8:44 am

Stocks making the biggest moves premarket: Delta Air Lines, Costco Wholesale, Pfizer and more

A look at buzzing companies before the market opens: Delta Air Lines‘ shares plunged by 9% as the airline disclosed a less-than-predicted sales growth projection for the ongoing quarter, in spite of hitting record highs, its net income dwindled by 30% for Q2. The wholesale club, Costco Wholesale, boosted its shares by roughly 3% post… [Read More]

July 10, 2024 at 1:40 pm

BioStem (BSEM) Obtains Institutional Review Board (IRB) Approval to Advance Clinical Study Utilizing AmnioWrap2™ to Treat Diabetic Foot Ulcers

A leader in regenerative medicine, BioStem Technologies (BSEM) announced the IRB has approved a clinical study to evaluate AmnioWrap2™ (AW2) in diabetic foot ulcers (DFU), one of the company’s placental-derived allograft commercial products. BioStem focuses on developing, manufacturing and commercializing placental-derived biologics for advanced would care that addresses diabetic foot ulcers, a critical health issue… [Read More]

July 10, 2024 at 1:12 pm

SMART Global Continues To Show Brilliance As Its Q3 Financials Improve From Previous Quarter, Stock Up ~20%

The PRISM NextGen Tech Index is currently led by SMART Global Holdings (SGH) who announced their third quarter financial results that beat estimates on EPS ($0.37 vs FactSet $0.30) and slightly beat on Q3 revenues as well ($300.6M vs FactSet $300.0M). The memory-focused company increased its net sales by 5.5% from the previous quarter and… [Read More]

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