Technology and Innovation
Tuya Smart (NYSE: TUYA) has partnered with DeepSeek to revolutionize smart pet care devices using multimodal AI, enhancing pet health monitoring and care solutions.
STMicroelectronics (STM) announced new silicon photonics and BiCMOS technologies for cloud optical interconnects, boosting data center efficiency.
Maris-Tech (Nasdaq: MTEK) has completed the development of MARS RF, an advanced ultra-lightweight video streaming solution for miniature drones, meeting defense forces' operational needs as reported.
Xiao-I (NASDAQ: AIXI) launched tAIkbox 1 in the U.S., an AI-powered device to enhance customer service in call centers, offering natural interactions and improving task efficiency in key sectors.
Exelixis (NASDAQ: EXEL) has announced a new $500 million stock repurchase program, following their current buyback initiative, aiming to return value to shareholders through strategic capital allocation as unveiled.
Major Financial Partnerships and Acquisitions
Celsius Holdings (CELH) has announced the acquisition of Alani Nu for $1.8 billion, aiming to create a leading better-for-you, functional lifestyle platform with strong growth in the energy drink category as announced.
Cosette Pharmaceuticals is acquiring Mayne Pharma Group for around USD $430 million, a move to strengthen its position in women's health and dermatology sectors as confirmed.
T-Mobile (NASDAQ: TMUS) has secured a significant contract with the City of New York to enhance public safety and affordability through its 5G standalone network as part of a transformative deal.
Quarterly Financial Updates
MercadoLibre (NASDAQ: MELI) posted strong Q4 2024 results with net revenue rising 37% YoY to $6.1 billion and net income at $639 million as disclosed.
Nexa Resources (NYSE: NEXA) delivered robust 2024 results, with a 76% uptick in Adjusted EBITDA to $714 million, highlighting operational effectiveness as evidenced.
Coca-Cola Consolidated (NASDAQ: COKE) achieved strong Q4 2024 results, with net sales increasing 7.1% to $1.7 billion according to their report.
Nu Holdings (NYSE: NU) recorded impressive FY 2024 financial growth, with revenue up 58% to $11.5 billion and net income doubling as announced.
Centerra Gold reported Q4 results with significant cash reserves; gold and copper outputs were near guidance levels, affirming strong operational management as detailed.
Eldorado Gold achieved positive cash flow and a strong conclusion to 2024 with a substantial increase in gold production supporting future growth.
Healthcare and Biotechnology Advances
Omeros (NASDAQ: OMER) announced significant results for narsoplimab's Expanded Access Program in treating TA-TMA, demonstrating reduced mortality and higher survival rates supporting regulatory submissions.
Cerus (CERS) posted a 15% increase in full-year product revenue to $180.3 million, achieving financial improvements with promising projections.
Gilead Sciences (GILD) received conditional European marketing authorization for seladelpar, marking a significant milestone in their product offerings as achieved.
Market Dynamics
60 Degrees Pharmaceuticals (NASDAQ: SXTP) announced a 1-for-5 reverse stock split to maintain Nasdaq listing compliance, a strategic move to ensure ongoing market standing as anticipated.
Millicom (Tigo) confirmed plans to consolidate its listing on NASDAQ U.S., aiming for improved liquidity and streamlined operations as planned.
Yext (NYSE: YEXT) announced plans to release its Q4 and fiscal year 2025 financial results on March 5, 2025 as scheduled.
Legal and Compliance Developments
Revvity (NYSE: RVTY) has secured a favorable court ruling ensuring exclusive access to Spotfire® software through 2034, reinforcing its competitive advantage as guaranteed.
Industry Events and Initiatives
ComEd, a unit of Exelon (NASDAQ: EXC), awarded scholarships to nine Chicago State University students pursuing STEM degrees, investing in future talent as proudly announced.
NIKE (NYSE: NKE) has slated its Q3 fiscal 2025 financial results announcement for March 20, following market close, maintaining transparency with stakeholders as updated.
