Medical technology company, NeuroOne (Nasdaq: NMTC) has been featured in Pharma’s Almanac, in an article highlighting the company’s advanced thin-film electrode technology and its potential applications in neurological and neuropsychological treatment. NeuroOne’s OneRF™ Ablation system is minimally invasive and offers surgeons the ability to perform diagnostics and therapeutic interventions in the same surgical session, reducing… [Read More]
HIDDEN VALUE STOCK TO WATCH: NASDAQ: OCX Oncocyte’s Major Advancements in Precision Diagnostics Significant Findings Highlight Use-Case for Potential Global Adoption of Test Oncocyte Corporation (Nasdaq: OCX), a leader in precision diagnostics, has announced that their lead product, VitaGraft™ Kidney, was featured in the prestigious “The New England Journal of Medicine.” The study shows highly… [Read More]
Oncocyte Corporation’s (Nasdaq: OCX) VitaGraft TM Kidney diagnostic test for transplant monitoring has been successfully utilized in a Phase 2 clinical trial published in the peer-reviewed New England Journal of Medicine. The study’s results point to new clinical utilities – therapeutic efficacy and recurrence monitoring – for VitaGraft Kidney, a dd-cfDNA test, which is already… [Read More]
May 30, 2024
VBI Vaccines Advances Glioblastoma Cancer Vaccine with “Incredibly Encouraging” New Data
Biopharmaceutical company, VBI Vaccines Inc. (Nasdaq: VBIV) has announced new interim tumor response data from its Phase 2b study of VBI-1901, the company’s cancer vaccine candidate, in recurrent glioblastoma (rGBM) patients. The company’s share price rose almost 10% in trading on Wednesday following the news, and rose an additional 3.37% in morning trading on Thursday…. [Read More]
The mobile growth platform and PRISM AdTech and Media Index company, Digital Turbine (APPS) announced its Q4 earnings that beat EPS estimates by five cents but missed quarterly revenue consensus by ~$5.5M. FY guidance was mostly in line. However, shares traded down which may be partly due to reporting adjusted EBITDA of $12.3M, down from… [Read More]
May 30, 2024
C3.ai Stock Soars on Earnings: Increased Revenues, Raised FY Guidance and Strong AI Demand
The AI application software company C3.ai (AI) announced positive Q4 earnings today that boosted the stock up ~13% as it took the lead in the PRISM NextGen Tech and AI Index. The company’s Q4 EPS beat estimates (($0.11) ex-items vs FactSet ($0.30)) and revenues also came in above consensus ($86.6M vs FactSet $84.4M). Furthermore, the… [Read More]
Global leader in powering recommendations for the open web Taboola.com Ltd. (TBLA), announced a partnership with Foundry, the media, data, and martech division of IDG, Inc., which attracts 28 million monthly visitors. Foundry is leveraging Taboola’s suite of products across its global digital consumer properties, including Macworld, PCWorld, TechHive, Tech Advisor, PCWelt, and M3. Taboola… [Read More]
May 30, 2024
Actelis Networks (ASNS) To Acquire Quality Industrial (QIND) Expanding Energy Operations
Actelis Networks, Inc. (ASNS), a leader in networking solutions for IoT applications, has signed a binding term sheet that will allow the company upon closing to acquire 61%-75% of the issued and outstanding shares of Quality Industrial Corporation (QIND). Quality Industrial has operations based in Dubai and provides solutions for critical infrastructure industrial and energy… [Read More]
Sporting A Solid Quarter Dicks Sporting Goods (DKS) reported earnings this week that beat and raised. Q1 EPS exceeded estimates at $3.30 vs FactSet $2.96. Additionally, revenues came in higher than consensus. The company raised its FY24 EPS guidance to $13.35 – 13.75 vs prior guidance $12.8 -13.25 well exceeding estimates (FactSet $13.31). DKS Management… [Read More]
May 30, 2024
Stocks making the biggest moves premarket: Salesforce, Kohl’s, Foot Locker and American Eagle Outfitters
These are the companies grabbing attention before trading kicks off. Salesforce The cloud software provider’s stocks fell 16% in the wake of weaker-than-expected revenues and projected earnings trailing Wall Street’s forecast. Revenue growth was at 11% in the first fiscal quarter, marking the first time since 2006 that Salesforce revenue has fallen short, per LSEG… [Read More]
May 30, 2024
American Airlines Did Not Prepare for Takeoff, As CCO Resigns and Guidance Falls, United Maintains Outlook
American Airlines (AAL) announced the departure of its Chief Commercial Officer who will depart June 2024 and provided updated Q2 guidance. According to FactSet the updated Q2 guidance is as follows: EPS $1.00-1.15 ex-items vs prior guidance $1.15-1.45 Adjusted operating margin to ~8.5%-10% vs prior guidance ~9.5%-11.5% Reaffirms Available seat miles (vs. 2Q 2023) +7%-9%,… [Read More]
ConocoPhillips (COPS) agreed on Wednesday to acquire Marathon Oil (MRO) in an all-stock transaction valued at $17Bn, enhancing the company’s shale assets amid a significant consolidation wave in the oil and gas industry. The acquisition will add 2Bn barrels of resources to ConocoPhillips’ U.S. inventory, expanding its presence across shale fields in Texas, New Mexico,… [Read More]