Technology and AI Developments
HIVE Digital Technologies is investing $30 million in NVIDIA GPU clusters in Quebec. This investment aims to meet growing demands for AI computing with 248 H100 GPUs and 508 H200 GPUs and is expected to yield significant revenue by Q2 2025. Read More
AGM Holdings (NASDAQ: AGMH), focused on high-performance hardware, is developing a 375MW data center in Canada in a joint venture for Bitcoin mining and AI computing, in collaboration with Canaan Creative Global. Read More
Jet.AI (NASDAQ: JTAI) has introduced 'Ava', an AI model that enhances private jet booking through real-time aircraft availability and pricing. Read More
Color Star Technology (Nasdaq: ADD) has strengthened its Middle Eastern ties by appointing His Highness Shaikh Humaid Abdulla Rashed Ahmed Almualla as an independent director. This step is aimed at unlocking new investment opportunities and propelling the company's AI entertainment technologies. Read More
Energy and Infrastructure Projects
BAIYU Holdings is expanding into the U.S. automotive parts market and engaging in energy projects in Egypt, focusing on infrastructure development to tap into burgeoning energy sectors. Read More Read More
NANO Nuclear Energy (NASDAQ: NNE) has acquired nuclear energy technology assets from Ultra Safe Nuclear for $8.5 million, aiming to produce zero-carbon power. Read More
Eversource (NYSE: ES) has acquired a portion of the Mystic property from Constellation Energy for a multi-use energy interconnection hub. This strategic move is expected to support renewable energy sources, enhancing grid reliability in Massachusetts. Read More
Retail Expansion and Innovations
MINISO (NYSE: MNSO) inaugurated its flagship European store in Spain, presenting an 'IP theme park-style' shopping experience as part of its European growth strategy. Read More
Healthcare and Pharmaceuticals
Clearmind Medicine (NASDAQ: CMND) obtained IRB approval for a trial aimed at treating alcohol use disorder, underscoring its commitment to addressing global health challenges. Read More
AstraZeneca (AZN) retracted its lung cancer treatment application in the EU following regulatory consultation, with ongoing trials poised to advance its development. Read More
Achilles Therapeutics (NASDAQ: ACHL) announced a $12 million sale of key technology assets to AstraZeneca, including the TRACERx data from over 3,200 tumor samples. Read More
Corporate Strategies and Financial Announcements
SIFCO Industries (SIF) reported Q4 2024 earnings showcasing growth amid industry challenges, reflecting positive sectoral trends. Read More
Mobilicom (MOB) enhanced its financial stability by raising $1.2 million through warrant exercises, aiming to extend its cash runway. Read More
Brera Holdings (BREA) is set to acquire majority ownership of SS Juve Stabia in a strategic three-step process that includes performance-based milestone bonuses. Read More
VersaBank (Nasdaq: VBNK) raised $11.25 million through a public offering over-allotment, bolstering its Common Equity Tier 1 capital for banking operations. Read More
Real Estate and Legal Matters
Dentsply Sirona (NASDAQ: XRAY) is embroiled in securities class actions connected to its Byte aligner business, with significant stock declines following regulatory scrutiny and a $495 million goodwill impairment. Read More
MGP Ingredients (NASDAQ: MGPI) faces legal challenges over alleged misstatements about inventory and demand, resulting in major stock drops as truth surfaced in multiple stages. Read More
PACS Group is subjected to a securities class action lawsuit alleging inaccuracies related to Medicare claims. Potential lead plaintiffs have until January 13, 2025, to file. Read More
Shipping and Charter Contracts
Diana Shipping Inc. (NYSE: DSX) continued its time charter contract with Cobelfret S.A., projecting to generate approximately $4.22 million in gross revenue. Read More
Consumer Services
Webuy Global (WBUY) achieved a milestone in Disney cruise sales through its AI-powered travel assistant, showcasing its customer service prowess. Read More
