Automotive and Electric Vehicles
Faraday Future (NASDAQ: FFIE) announced that Suede Brooks, a YouTube influencer, fashion model, and designer, will receive her new FF 91 2.0 Futurist Alliance EV at a ceremony with company executives on December 12. This marks a significant marketing push for Faraday as Brooks has a large social media following. Read More
Mullen Automotive's subsidiary, Bollinger Motors, reports successful initial sales of its B4 electric trucks, delivering 25 units worth approximately $4.1 million since production began in September. The Class 4 all-electric commercial truck features a 158-kWh battery pack, 7,300+ pounds payload capacity, and 185-mile average range. Read More
AYRO (NASDAQ: AYRO) has been designated as a tier one supplier for General Motors through its partnership with GLV Ventures. This collaboration expands upon AYRO's previously announced low-cost manufacturing initiatives, leveraging GLV's facilities for design and manufacturing projects. Read More
Technology and Innovation
Globalstar (NYSE: GSAT) achieved its first 5G data call on band n53™ spectrum, reaching impressive download and upload speeds, paving the way for mission-critical applications in autonomous and augmented reality technologies. Read More
Vicon Industries, a Cemtrex subsidiary, announced a partnership with AI chipmaker Hailo to integrate the Hailo-15 System-on-a-Chip into its NEXT Modular Camera System, enhancing video intelligence with advanced edge-based AI processing. Read More
Varonis Systems (NASDAQ: VRNS) expanded its data security coverage to include ServiceNow, offering continuous monitoring of critical data and enhancing cloud IT service management platform security. Read More
Symbotic Inc. (Nasdaq: SYM) completed the acquisition of OhmniLabs, enhancing its mobile robotic and AI solutions through this strategic move. The merger aims to elevate Symbotic's standing in healthcare automation, leveraging OhmniLabs' innovations in autonomous disinfection and telepresence robotics. Read More
Aurora Innovation (NASDAQ: AUR) has inaugurated a 78,000 square-foot research facility in Bozeman, Montana, to advance the development of its FirstLight Lidar technology, which can detect objects over 450 meters away. This move leverages Aurora’s 2019 acquisition of Blackmore and supports its ongoing autonomous trucking innovations. Read More
Upbound Group (NASDAQ: UPBD) has announced a definitive agreement to acquire Brigit, a financial health technology company, for up to $460 million in cash and stock. Read More
Healthcare and Pharmaceuticals
CEL-SCI (NYSE American: CVM) received FDA approval for a 212-patient confirmatory registration study of Multikine in head and neck cancer treatment. The study focuses on patients who showed a 73% survival rate with Multikine during a prior Phase 3 study. Read More
AIM ImmunoTech (NYSE American: AIM) expanded its patent portfolio with a new Netherlands patent covering Ampligen for post-COVID fatigue treatment, showing promising results in reducing fatigue symptoms. Read More
Vir Biotechnology (NASDAQ: VIR) received both FDA Breakthrough Therapy and EMA PRIME designations for its combination therapy to address chronic hepatitis delta. The therapy is based on promising safety and efficacy data from the Phase 2 SOLSTICE trial, with a Phase 3 program scheduled for the first half of 2025. Read More
Corcept Therapeutics (NASDAQ: CORT) announced positive results from the Phase 4 CATALYST trial for Korlym®, demonstrating significant efficacy in treating hypercortisolism with Cushing’s syndrome and challenging diabetes cases. Read More
Repare Therapeutics (RPTX) reported positive results from its MYTHIC Phase 1 gynecologic expansion trial combining lunresertib and camonsertib. The trial showed a 25.9% overall response rate in endometrial cancer and 37.5% in platinum-resistant ovarian cancer. Read More
TAK – Takeda spotlights its late-stage pipeline featuring six programs with potential peak revenue of $10B-$20B. The company expects Phase 3 data readouts in 2025 for three key treatments: oveporexton, zasocitinib, and rusfertide, with regulatory filings planned for FY2025-2026. Read More
Energy and Environment
Electrovaya (NASDAQ: ELVA) reported its FY2024 financial results, noting growth in revenue and key financial metrics. The company highlighted a $50.8 million loan secured for battery manufacturing, indicating robust future plans to enhance its reach with a major equipment OEM customer. Read More
Pembina Pipeline has announced its 2025 financial guidance, projecting adjusted EBITDA of $4.2 billion to $4.5 billion. Read More
EVgo Inc. (NASDAQ: EVGO) secured a $1.25 billion loan facility from the U.S. Department of Energy to expand its fast-charge network by 7,500 stations, tripling its current footprint by 2029. Read More
CVR Energy (NYSE: CVI) has priced a $325 million senior secured term loan B facility due 2027, with SOFR plus 4.0% interest. The proceeds will support capital expenditure plans, including the 2025 Coffeyville refinery turnaround. Read more
Strategic Collaborations and Infrastructure
Archer Aviation (NYSE: ACHR) announced a strategic partnership with Anduril Industries to develop a hybrid VTOL military aircraft, enhancing its defense division alongside a $430 million capital raise. Read More
LeddarTech Holdings (Nasdaq: LDTC) received the first installment of advanced royalty payments from Texas Instruments under their strategic collaboration. Read More
PAGAYA Technologies (NASDAQ: PGY) has announced the closing of a $600 million AAA-rated personal loan ABS transaction. Read More
Financial Services and Real Estate
Costco (COST) reported strong first-quarter fiscal 2025 results with net sales increasing 7.5% to $60.99 billion from $56.72 billion year-over-year. E-commerce sales demonstrated robust growth of 13.0%. Read More
Caesars Entertainment (NASDAQ: CZR) has finalized the sale of LINQ Promenade for $275 million, using the proceeds to prepay their Term Loan B. Read More
Renewable Energy and Environment
Fluence Energy (NASDAQ: FLNC) announced successful completion of safety testing for its Gridstack Pro 2000 energy storage system, surpassing highest industry standards for fire and explosion safety. Read More
Alternus Clean Energy (NASDAQ: ALCE) completed the acquisition of LiiON, a US-based provider of advanced energy storage solutions, to enhance its market reach through advanced battery technologies and strategic partnerships with major clients like Amazon and NASA. Read More
Transportation and Infrastructure
Canaan Inc. (NASDAQ: CAN) entered an agreement with AGM Group Holdings for an initial order of 2,000 Avalon A15 Hydro Bitcoin mining machines, potentially increasing their market presence significantly. Read More
Four Corners Property Trust (NYSE: FCPT) announced the acquisition of a Panera Bread property for $2.0 million, indicating a strong investment strategy in a prominent retail location in Indiana. Read more
