Global medical technology company, Vapotherm (OTCQX: VAPO) topped the PRISM Emerging Medical Devices Index on Wednesday, rising +15.94% in intraday trading. The company’s share price has performed strongly over the past three months after it announced a development and commercialization partnership with Onymos to create an end-to-end Internet of Medical Things solution (IoMT), in March…. [Read More]
Leading regenerative medicine company, BioStem Technologies (OTC: BSEM) has reported record revenues for the fourth quarter of 2023, reaching $11.5 million, a 1,355% increase year-over-year. The company achieved gross profit of $10.9 million, adjusted EBITDA income of $1.67 million in the fourth quarter of 2023, and net revenue of $16.7 million, an increase of 143%… [Read More]
As Wall Street anticipates the upcoming US jobs report, stocks advanced, propelled by major technology firms. Treasury bonds also saw an uptick, whereas the dollar experienced a decline. On the eve of crucial employment data release, jobless claims exceeded expectations, hinting at potential job cuts. This scenario might support the Federal Reserve’s move towards rate… [Read More]
April 04, 2024
Stocks making the biggest moves premarket: Levi Strauss, Intuitive Machines, Wayfair and more
Here’s a glance at the companies making waves before market open. Hertz Global— The car hire company’s stock declined by almost 5% following Goldman Sachs’ downgrade from neutral to sell. The reason, according to Analyst Lizzie Dove, is pending pressure which investors haven’t fully accounted for. Block — A downgrade from Morgan Stanley led to… [Read More]
Today PRISM MarketView added two more companies to its PRISM NextGen and AI Index that tracks small and micro-cap stocks and is comprised of companies participating in segments of the technology sector, focused on the emerging next generation. Beamr Imaging, Ltd. Video encoder, transcoder and optimization solutions company Beamr Imaging, Ltd (BMR) recently presented its… [Read More]
As March Madness moves into the Final Four, some degenerate gamblers, sports aficionados or both are still looking to capitalize on their bracket pools. Saturday night, the remaining teams will face off to determine who will be left standing to compete for the NCAA Basketball Championship. Hands down the best match up to see will… [Read More]
April 03, 2024
Greenland Technologies (GTEC) Provides Green to Investors Screens Announcing Expansion of HEVI Network to North Carolina
Today’s PRISM Emerging EV Index current leader is a pioneer in technology development and manufacturing of electric industrial vehicles and drivetrain systems. Greenland Technologies Holding Corporation (GTEC) announced today the latest expansion of its rapidly growing HEVI Authorized Service Provider (ASP) national network program to North Carolina. The addition of Truck and Auto Repair in… [Read More]
IceCure Medical Ltd. (Nasdaq: ICCM) has filed a 510(k) submission with the FDA for clearance of its next-generation single probe cryoablation system, the XSense™ System and cryoprobes. “As our ProSense® single probe cryoablation system builds market traction globally, we continue to develop our technology pipeline with innovative single and multi-probe systems,” commented IceCure’s CEO, Eyal… [Read More]
April 03, 2024
PRISM Market Moves on Wednesday: Signet Jewelers, Spotify Gain Ground; ULTA, Wolfspeed Drop
US equities are trading higher at midday on Wednesday, near best levels. Rails, industrial metals, precious metals, GLP-1s, semi cap equipment and streaming are outperforming, while staples are lagging. Treasuries are weaker, the Dollar index is down (0.4%), Gold is up +0.9%, Bitcoin futures are up +0.9% and WTI crude has gained +0.7%. Outperformers at… [Read More]
April 03, 2024
PRISM Emerging AI Company Spotlight: Innodata
Shares in leading data engineering company, Innodata Inc. (Nasdaq: INOD) have risen steadily over the past five days after the company announced the release of Intelligent Insights™. The company’s share price rose a further 5.92% in morning trading on Wednesday. Intelligent Insights is a new generative AI-powered media intelligence feature integrated into Innodata’s industry-leading PR… [Read More]
Growth in US services slows, and inflation gauge hits a four-year low as hiring surges since July. The stock market saw a rebound following new economic data, which did not significantly alter the expectations for Federal Reserve rate cuts this year, despite recent worries over potential delays in policy easing. Investors, looking forward to insights… [Read More]
Clinical stage biotechnology company, Lipella Pharmaceuticals (Nasdaq: LIPO) has been granted a Type C meeting request by the FDA. The company expects to meet with the regulator on May 21, 2024 to discuss its proposed Phase 2b clinical trial design for the evaluation of its lead candidate LP-10. Lipella is developing LP-10 as a potential… [Read More]