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Remark Holdings Inc - MARK STOCK NEWS

Welcome to our dedicated news page for Remark Holdings (Ticker: MARK), a resource for investors and traders seeking the latest updates and insights on Remark Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Remark Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Remark Holdings's position in the market.

News
Remark Holdings Announces Fiscal Year 2023 Financial Results
Rhea-AI Summary
Remark Holdings, Inc. (MARK) announces fiscal year 2023 financial results, reporting a revenue decrease of 62% to $4.4 million. The company's operating loss decreased to $17.2 million, with a net loss of $29.1 million. Remark AI secured a $6.0 million contract with the Rio De Janeiro police department and joined the NVIDIA Metropolis program. Despite challenges in China, Remark AI continues to expand its AI solutions globally.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.75%
Tags
earnings
-
News
Remark Holdings Sets Fiscal Year 2023 Financial Results Call for April 15, 2024, at 4:30 p.m. ET
Rhea-AI Summary
Remark Holdings, Inc. (MARK) announces a conference call to discuss fiscal year 2023 financial results and updates on AI businesses worldwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.32%
Tags
earnings
-
News
Remark AI Launches its Large Multimodal Model (LMM) AI-Powered Aviation Safety Platform (ASP)
Rhea-AI Summary
Remark Holdings, Inc. (MARK) releases its Large Multimodal Model AI-Powered Aviation Safety Platform to improve safety performance in response to Boeing's safety inspection failures. The platform includes an engine inspection kit, anti-collision system, and business intelligence reporter, reducing inspection times and enhancing safety measures. Recent partnerships with Microsoft Azure aim to accelerate deployment among global aviation clients.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.19%
Tags
AI
News
Remark Holdings Enters into Cloud Services Agreement with Microsoft
Rhea-AI Summary
Remark Holdings, Inc. signs a five-year cloud services agreement with Microsoft, expected to drive $240 million in AI business by 2029. The collaboration aims to expand sales and marketing through the Microsoft Azure Marketplace, introducing Remark's AI Video Analytics (RVA) platform. RVA offers advanced AI capabilities for security and public safety applications, leveraging Microsoft Azure Cloud and GPU Services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
68.14%
Tags
none
-
News
Remark Holdings Announces Listing on OTC Pink Market
Rhea-AI Summary
Remark Holdings, Inc. (MARK) announced the commencement of trading of its common stock on the OTC Pink Market under the symbol MARK. The company aims to enhance investor access and liquidity through this listing.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.7%
Tags
none
-
News
Remark Holdings Adjourns Annual Shareholder Meeting UntilJanuary 8, 2024
Rhea-AI Summary
Remark Holdings, Inc. (MARK) has announced the adjournment of its annual shareholder meeting until January 8, 2024, to reach a quorum and conduct business.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
News
Remark Holdings Adjourns Annual Shareholder Meeting Until December 29, 2023
Rhea-AI Summary
Remark Holdings, Inc. (MARK) has adjourned its annual shareholder meeting to December 29, 2022, to secure enough votes for a quorum and conduct business.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.92%
Tags
none
-
News
Remark Holdings, Inc. Releases Version 1.0 of its AI-powered Video Analytics System for Aircraft Engine Inspections And Safety
Rhea-AI Summary
Remark Holdings, Inc. (Nasdaq: MARK) announced the release of version 1.0 of its Airline Engine Safety Inspection System (AESIS). AESIS is intended for use by airlines, airline maintenance teams, engine manufacturers, airplane manufacturers, aircraft leasing companies, insurance companies, regulators, etc. The system can reduce the engine turbine blades inspection time from an average of 40 hours down to 2 hours, representing a 2000% improvement; it also lowers the damage mis-detection rate from an average of 5% to less than 1%, representing a 500% improvement. Major U.S. airlines spent approximately $2.0 billion on maintenance costs in 2022, a figure that has increased on average 20% year over year. AESIS 1.0 can provide a practical solution to cut significant cost and time for airliners, who can repurpose their resources to provide more valuable services to their customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2%
Tags
AI
-
News
Remark Holdings Announces Third Quarter 2023 Financial Results
Rhea-AI Summary
Remark Holdings, Inc. (NASDAQ: MARK) announced its financial results for Q3 2023, highlighting strategic relationships with channel partners and systems integrators. The company expects to announce an agreement with a top cloud computing company soon. Remark AI signed contracts in Central and South America, Malaysia, and India, and presented at Smart City Expo World Congress and Gartner IT Symposium | Expo. Financially, revenue for Q3 2023 was $0.2 million, down from $2.8 million in Q3 2022. Operating loss decreased to $4.1 million from $6.7 million in Q3 2022. Net loss totaled $7.2 million. Cash balance at September 30, 2023, was approximately $0.3 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.04%
Tags
earnings
News
Remark Holdings Sets Third Quarter 2023 Financial Results Call for November 20, 2023, at 4:30 p.m. ET
Rhea-AI Summary
Remark Holdings, Inc. (NASDAQ: MARK) announces conference call to discuss Q3 2023 financial results and AI business updates. The call will be held on November 20, 2023, at 4:30 p.m. Eastern time. Management will provide insights into the company's AI businesses in Asia, Europe, and the United States, and the progress made across its AI platform.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.69%
Tags
earnings
Stock MARK logo
Remark Holdings Inc

OTC:MARK

MARK Rankings

N/A Ranked by Market Cap
N/A Ranked by Stock Gains
N/A Ranked by Dividends

MARK Stock Data

6.51M
20.28M
3.42%
8.33%
9.03%
Software Publishers
Information
Link
US
Las Vegas

About MARK

remark holdings, inc. is primarily focused on the development and deployment of artificial intelligence-based solutions for businesses and software developers in many industries. in addition, the company owns and operates digital media properties that deliver relevant, dynamic content. the company is headquartered in las vegas, nevada, with additional operations in los angeles, california, beijing, shanghai, chengdu and hangzhou, china.