Author: Bella Hayes
Press ReleaseNokia (HE:) and Motorola Solutions (NYSE:) announce drone technology integration for public safety and mission-critical industries 4G/5G drone-in-a-box solution, powered by AI-enabled software, to help first responder agencies and industries keep communities and workers safer.Customers will benefit from enhanced situational awareness, remote operations, and faster decision-making.12 December 2024Espoo, Finland and Chicago, U.S. – Nokia and Motorola Solutions announced a drone technology integration to launch an AI-enhanced turnkey, automated drone-in-a-box solution that sets a new standard for first responders and mission-critical industries, offering enhanced situational awareness, streamlined remote operations, and faster decision-making. The solution integrates Nokia Drone Networks with Motorola…
Investing.com– Australia’s November jobs data, released on Friday, with stronger-than-expected job growth and a decline in unemployment should be viewed in the context of broader multi-month trends, rather than as signs of a renewed tightening in labor market conditions. “We saw something similar in late 2023 that proved to be a ‘head fake’, with shifting seasonality also presenting as an issue,” Westpac analysts said in a note. Employment rose by 35,600 in November, exceeding Westpac’s forecast of +20,000 and the market consensus of +25,000. However, the pace of employment growth is slowing, with the three-month annualized rate falling to 3.0%…
Investing.com– Bitcoin rose on Thursday, extending an overnight rebound as risk appetite was boosted by in-line U.S. consumer inflation data, which kept investors largely betting on a December interest rate cut. The world’s largest cryptocurrency had now recouped all of its losses made over the past week, while also appearing to have broken out of a $90,000 to $100,000 trading range seen in recent weeks. rose 3.5% to $100,875.9 by 00:47 ET (05:47 GMT). Broader crypto prices also advanced tracking Bitcoin, although most altcoins clocked much stronger gains as risk appetite increased. The prospect of friendlier U.S. crypto regulations under…
TOKYO–(BUSINESS WIRE)–The Biomedical Division of PHC Corporation (Headquarters: Chiyoda-ku, Tokyo, Japan; President: Nobuaki Nakamura), has received a 2024 Innovation Award from The Analytical Scientist1 for its live cell metabolic analyzer, LiCellMo™. LiCellMo, launched for research use in Japan in September and the United States, UK, EU, China and other Asian select geographies in October2, provides continuously measured data on key cellular metabolic pathways3, giving researchers a precise picture of previously unobservable changes in the state of cells over time and allowing them to make more informed research decisions. This will help contribute to novel research findings and important advances in…
Investing.com– NVIDIA Corporation (NASDAQ:) added hundreds of staff in China this year with a focus on increasing its research capabilities and developing new artificial intelligence-based autonomous driving technologies, Bloomberg reported on Wednesday. The company added about 200 people in Beijing to strengthen a team of researchers looking into self-driving, Bloomberg reported. The company also increased its after-sales service and networking software teams in the country. The move comes amid increasing interest in autonomous driving in China, with established majors such as Baidu Inc (NASDAQ:) already offering robotaxi services in certain cities through its Apollo Go venture. Robotaxi firm Pony AI also…
U.Today – A higher low, a crucial reversal signal that might pave the way for fresh bullish momentum, is being hinted at by the price action of . When XRP was unable to break above the $2.80 resistance level, a critical area that signaled the end of its recent rally, it entered correction mode on Dec. 3. A distinct higher low pattern may restore market optimism, but the current pullback is trying traders’ patience. As can be seen from the chart, XRP has been consolidating within a descending channel that formed following November’s sharp rally. The price has dropped to…
PLANTATION, Fla.–(BUSINESS WIRE)–Chewy, Inc. (NYSE: CHWY) (Chewy (NYSE:)), a trusted destination for pet parents and partners everywhere, announced today the pricing of an underwritten public offering of 15,852,886 shares of its Class A common stock, par value $0.01 per share, by Buddy Chester Sub LLC (the Selling Stockholder), which is an entity affiliated with funds advised by BC Partners Advisors LP (BC Partners), Chewy’s largest shareholder (the Offering). The Selling Stockholder granted the underwriter a 30-day option to purchase up to an additional 2,377,932 shares of Class A common stock. Chewy will not sell any shares of its Class A…
NAARDEN, the Netherlands and MIAMI, Dec. 11, 2024 (GLOBE NEWSWIRE) — NewAmsterdam Pharma Company N.V. (: NAMS; NewAmsterdam or the Company), a late-stage, clinical biopharmaceutical company developing oral, non-statin medicines for patients at risk of cardiovascular disease (CVD) with elevated low-density lipoprotein cholesterol (LDL-C), for whom existing therapies are not sufficiently effective or well-tolerated, today announced the pricing of the previously announced underwritten public offering of (i) 12,117,347 of the Company’s ordinary shares, nominal value €0.12 per share (the Ordinary Shares), at a public offering price of $24.50 per share and (ii) to certain investors that so choose in lieu…
(Reuters) – Oil prices were little changed in early Asian trade on Thursday as forecasts of weak demand and a higher-than-expected rise in U.S. gasoline and distillate inventories stemmed gains from an additional round of European Union sanctions that threatened Russian oil flows. futures were down 5 cents at $73.47 a barrel at 0141 GMT. U.S. West Texas Intermediate crude futures fell 11 cents to $70.18. Both benchmarks rose over $1 each on Wednesday. OPEC cut its demand growth forecasts for 2025 for the fifth straight month on Wednesday and by the largest amount yet. “Investors will be closely monitoring…
REDWOOD CITY, Calif.—Lath Hitesh, the Chief Financial Officer of C3.ai, Inc. (NYSE:), recently sold a significant portion of the company’s stock. According to a recent SEC filing, Hitesh sold 11,339 shares of Class A Common Stock on December 9, 2024, at a price of $42 per share, amounting to a total transaction value of $476,238. The sale comes as C3.ai’s stock has shown remarkable momentum, with a 21% gain over the past six months and a market capitalization of approximately $4.9 billion. Following this transaction, Hitesh retains ownership of 851 shares in the company. The sale was conducted under a…