Author: Bella Hayes

VANCOUVER – Siyata Mobile Inc. (NASDAQ:SYTA), a global provider of Push-to-Talk over Cellular (PoC) devices and cellular signal booster systems, with a market capitalization of just $2.99 million and notable revenue growth of 41.59% in the last twelve months, will implement a 1-for-10 reverse stock split of its common shares. According to InvestingPro data, the company trades at relatively low valuation multiples despite its growth. The change is set to take effect at the start of trading on December 27, 2024, with the goal of meeting ‘s minimum bid price requirement. The reverse stock split will consolidate ten current shares…

Philadelphia, Pennsylvania–(Newsfile Corp. – December 24, 2024) – Investors who have held Fox Factory (NASDAQ: FOXF) shares since prior to May 6, 2021, can seek corporate reforms, the return of funds spent defending litigation back to the company, and a court approved incentive award, at no cost to them whatsoever. Visit https://grabarlaw.com/the-latest/foxfactory-shareholder-investigation, or contact Joshua Grabar at jgrabar@grabarlaw.com or call us at 267-507-6085. WHY: Grabar Law Office is investigating claims on behalf of long-term Fox Factory Holding (NASDAQ:) Corp. shareholders. The investigation concerns whether certain officers of Fox Factory have breached their fiduciary duties owed to the company. An underlying…

NEW YORK, Dec. 24, 2024 (GLOBE NEWSWIRE) — LifeMD, Inc. (: LFMD), a leading provider of virtual primary care services, today announced that its Board of Directors has authorized a cash dividend to holders of the Company’s 8.875% Series A Cumulative Perpetual Preferred Stock (Nasdaq: LFMDP) equal to $0.5546875 per share. The preferred dividend will be paid on January 15, 2025, to holders of record at the close of business on January 3, 2025. About  LifeMD, Inc. LifeMD ® is a leading provider of virtual primary care. LifeMD offers telemedicine, access to laboratory and pharmacy services, and specialized treatment across…

WATERTOWN, Mass. – In a recent legal development, Enanta Pharmaceuticals, Inc. (NASDAQ: NASDAQ:), currently valued at $135 million in market capitalization, has faced a setback as the United States District Court of Massachusetts ruled in favor of Pfizer Inc. (NYSE:) in a patent infringement lawsuit regarding Pfizer’s COVID-19 antiviral, Paxlovid. The court declared Enanta’s patent invalid, thus granting Pfizer’s motion for summary judgment. According to InvestingPro analysis, the company’s stock is currently trading below its Fair Value, suggesting potential upside despite recent challenges. The patent in question, U.S. Patent No. 11,358,953, was claimed by Enanta to be infringed by Pfizer…

Investing.com — Despite the decline last week, the experienced a notable post-election rally, largely driven by gains in technology-related companies.  However, analysts at Wells Fargo (NYSE:) caution that beneath this surface-level optimism, the market may be vulnerable to a pullback. Through December 17, the S&P 500 posted a modest gain of 0.38% month-to-date, in contrast to declines in other major indices.  The dropped 3.12%, and the small-cap fell 4.06% during the same period.  Wells Fargo attributes this divergence to weakening economic surprises, as measured by the Bloomberg U.S. Economic Surprise Index.  The index, which gauges how economic data compares to…

ABU DHABI – Abu Dhabi Future Energy Company, commonly known as Masdar, has announced significant growth in its renewable energy portfolio for the first half of the year ending June 30, 2024. The company, which is a global leader in renewable energy and sustainable urban development, reported substantial investments and strategic acquisitions that have expanded its operations across multiple geographies. Masdar’s interim financial statements, reviewed by Ernst & Young, indicate that the company’s total assets have increased to AED 25.49 billion, up from AED 18.20 billion at the end of the previous year. This growth is attributed to strategic investments…

This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated October 3, 2024 to its short form base shelf prospectus dated September 11, 2024. Vancouver, British Columbia–(Newsfile Corp. – December 24, 2024) – HIVE Digital Technologies Ltd. (TSXV: TSXV:) (NASDAQ: HIVE) (FSE: YO0) (the “Company” or “HIVE”), a global leader in sustainable blockchain infrastructure, proudly announces the acquisition and deployment of an additional cluster of cutting-edge NVIDIA (NASDAQ:) H100 GPUs in the Canadian province of Quebec and the newest NVIDIA H200 GPUs, which have shipped to Quebec. This $30 million investment reinforces HIVE’s…

Investing.com– U.S. stock index futures were largely steady on Monday evening after a rally in the world’s largest technology stocks pushed Wall Street higher amid thin trading ahead of the Christmas holiday. The New York Stock Exchange is set to close early Tuesday for Christmas Eve, and the market is shut on Christmas Day. were largely unchanged at 6,034.0 points, while  edged lower to 21,730.50 points by 19:33 ET (00:33 GMT).  were largely steady at 43,324.0 points. Wall Street recovers from Fed-induced last week’s slump The U.S. Federal Reserve projected fewer-than-expected cuts in 2025 on Wednesday. This had led to…

Investing.com – The US dollar rose in thin holiday-impacted trade Tuesday, retaining recent strength as traders prepared for fewer Federal Reserve rate cuts in 2025. At 04:25 ET (09:25 GMT), the , which tracks the against a basket of six other currencies, traded 0.1% higher to 107.905, near the recently hit two-year high. Dollar remains in demand The dollar has been in demand since the Federal Reserve outlined a hawkish outlook for its interest rates after its last policy meeting of the year last week, projecting just two 25 bp rate cuts in 2025. In fact, markets are now pricing…

KARACHI – Development Company Limited (OGDCL) has announced the successful revival of the Dars West-2 Well, which has commenced hydrocarbon production from the B-Sand of the Lower Goru Formation. The operation reflects the company’s ongoing efforts to maximize hydrocarbon recovery using innovative techniques. The Dars West-2 Well, which is situated in the Tando Allah Yar district of Sindh Province, Pakistan, was initially completed in the C-Sand of the Lower Goru Formation and integrated into the production system on January 31, 2024. The well, however, ceased to flow on September 24 due to a decline in wellhead production. After a comprehensive…