Technology and Semiconductor News
Wallbox (WBX) achieved a milestone with UL certification for its Quasar 2 bidirectional charger in the U.S., highlighting advances in home energy solutions. Its compliance with multiple safety standards showcases Wallbox's engineering prowess.
WISeKey's subsidiary WISeSat.Space announced the launch of a new-generation satellite on January 14, 2025, marking a significant step in creating a global satellite constellation. This project targets the growing IoT market, projected to exceed 75 billion devices by 2030.
Waystar (WAY) launched Waystar AltitudeAI™, a new generative AI technology designed to automate healthcare claims appeals, potentially recovering billions in lost payments due to denied claims.
Finance and Real Estate Developments
Comstock Holding Companies (NASDAQ: CHCI) announced three new retail leases at Loudoun Station, enhancing its Metro-connected mixed-use development. Noteworthy tenants like Dogtopia contribute to Loudoun's growing commercial appeal.
BlackRock’s LifePath Paycheck™ has emerged as the fastest-growing lifetime income strategy, accumulating $16 billion in assets since its April 2024 launch, offering lifetime income to over 200,000 U.S. workers.
Millicom (Tigo) executed share buybacks of Swedish Depository Receipts and common shares, as part of its ongoing repurchase program to optimize capital efficiency and enhance shareholder value.
Pharmaceutical and Biotechnology Developments
AbbVie (ABBV) and Simcere Zaiming announced a partnership to develop SIM0500, targeting multiple myeloma, with potential milestone payments of up to $1.055 billion.
Energy and Space Industry Updates
Alamos Gold reported record 2024 gold production of 567,000 ounces and plans a 24% increase by 2027. Their Lynn Lake project in Manitoba is expected to add 176,000 ounces annually from early 2028.
B2Gold announced 2024 gold production of 804,778 ounces, within revised guidance. Projections for 2025 indicate up to 1,075,000 ounces, bolstered by projects like Fekola Phase 7 and Fekola Regional.
Redwire (RDW) delivered additional Roll-Out Solar Array wings to the ISS, enhancing power capacity and showcasing the ROSA technology's applications.
Retail and Consumer Goods
SciSparc, merging with AutoMax, received a $13 million shipment of JAC Motors vehicles, marking an entrance into Israel's electric car market amid growing demand for sustainable transport.
IAC announced plans to spin off Angi completely, offering IAC shareholders stakes in the home services platform. The tax-free transaction is set to conclude in early 2025, providing Angi with independence for growth.
Five Below (FIVE) reported an 8.7% increase in holiday sales to $1.19 billion despite a 3.2% drop in comparable sales, fueling optimism for a recovery in consumer engagement.
Innovative Business Strategies
Howard Hughes Holdings (HHH) confirmed receiving an unsolicited bid from Pershing Square Capital Management to acquire additional shares through a merger transaction for a majority stake.
LeddarTech reported significant strides at CES 2025, including showcasing its LeddarVision Surround software. Strategic partnerships and potential deals were in focus during the event.
Atkore Inc. (ATKR) announced its fiscal year 2025 earnings release for February 4, 2025, marking investor interest due to its diverse product applications across multiple industries.
