Major Developments in the Technology and Healthcare Sectors
FICO has partnered with iSON Xperiences to enhance customer management in 15 African countries. This collaboration will leverage FICO's decisioning technology to elevate customer interactions and life cycle management. Read More
In a groundbreaking move, Altair and the Technical University of Munich have made strides in quantum computing applications for computational fluid dynamics, presenting a quantum CFD algorithm. Read More
SEALSQ Corp (NASDAQ: LAES) is positioning itself at the forefront of defense against adversarial quantum attacks with post-quantum cryptographic algorithms. The company's team recently published research on memory-efficient implementations of CRYSTALS-Kyber, a Quantum-Resistant Algorithm optimized for microcontrollers and embedded devices. Read More
Adobe has announced new Adobe Express innovations to empower large enterprises in accelerating and scaling on-brand content creation. The platform is seeing strong momentum with new enterprise customers including ABB, Dentsu, Havas, IBM, Prudential, and Virgin Australia. Read More
Strategic Acquisitions and Collaborations
Global giant Rio Tinto announced a definitive agreement to acquire Arcadium Lithium for $6.7 billion, substantially increasing its footprint in energy transition commodities. Read More
E-Home Household Services Holdings (EJH) intends to merge and acquire Fuzhou Yunding Mutual Chain Information Technology Company to expand the front-end industry chain into AI and smart community services. Their services have been deployed in over 500 community projects with notable clients like Fuzhou University and Xiamen Siming District Government. Read More
LendingClub and Pagaya Technologies have jointly acquired the intellectual property of Tally Technologies. LendingClub CEO Scott Sanborn emphasized the importance of this acquisition in helping members manage debt more effectively. Read More
SaverOne has expanded to Spain and Portugal through a distribution agreement with Sistemas ADAS, aligning with their global strategy in transport safety solutions. Read More
Horizon Technology Finance (NASDAQ: HRZN) reported significant progress in Q3 2024, originating $93.1 million in new loans. The company ended the quarter with a committed backlog of $189.9 million in debt investments. Read More
Pharmaceutical and Biotech Advances
Biogen received FDA Breakthrough Therapy Designation for Felzartamab, aimed at addressing antibody-mediated rejection in transplant patients. Read More
Kymera Therapeutics announced FDA clearance for KT-621, an innovative oral STAT6 degrader. Read More
ORIC Pharmaceuticals has announced a presentation at the EORTC-NCI-AACR Symposium on Molecular Targets and Cancer Therapeutics, showcasing their novel inhibitor ORIC-114. Read More
PHAXIAM Therapeutics has announced the validation of a new investigator-initiated phase 2 study called PHAGOSCARPA. Read More
Notable Financial and Corporate Updates
Global Net Lease has completed $569 million in asset dispositions through Q3 2024, contributing to debt reduction. Read More
ALFA plans to spin off its ownership of Alpek in a corporate simplification process. Read More
Nisun International (NISN) has launched a $15 million share repurchase program, allowing the company to buy back its Class A common shares. Read More
SKYX Technologies has provided a corporate update showcasing insider investments and significant sales growth, alongside partnerships with major brands. Read More
AZZ Inc. reported strong fiscal results for the second quarter of fiscal year 2025, with net income increasing 25% to $35.4 million. Read More
Innovative Developments in Consumer and Retail Industries
SoFi Technologies (SOFI) expanded its credit card offerings, adding the SoFi Everyday Cash Rewards and the SoFi Essential Credit Card to its line-up. Read More
Cantaloupe, Inc. (CTLP) launched the AdVantage program to increase consumer engagement through digital advertising. Read More
VirnetX Holding (VHC) has established a Cooperative Research and Development Agreement with the Air Force Research Laboratory to enhance cybersecurity and Zero Trust technologies. Read More
Costco Wholesale (Nasdaq: COST) reported net sales of $24.62 billion for September 2024, a 9.0% increase from September last year. Read More
Applied Digital (Nasdaq: APLD) reported financial results with a 67% revenue increase, reaching $60.7 million. Read More
Energy and Sustainability Initiatives
Walmart (NYSE: WMT) has invested in 74 Solar Landscape community solar projects, expected to power over 3,600 homes by 2025. Read More
Gatos Silver (NYSE/TSX: GATO) reported an 11% increase in silver equivalent production in Q3 2024, raising its annual production guidance. Read More
