Category: Stocks
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Social Media Platform X Set to Rival Venmo and Apple Pay, While NYSE Considers 24-Hour Trading
Social media platform X is set to revolutionize its service offerings by integrating an extensive suite of financial services, aiming to create a hybrid experience reminiscent of Venmo and Apple…
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LuxUrban Hotels Inc. Announces Strong Financial Results for Q4 2023 and Full Year 2023
MIAMI, March 26, 2024 (Reuters) – LuxUrban Hotels Inc. (Nasdaq: LUXH, LUXHP), a leading hospitality company specializing in leasing entire existing hotels on a long-term basis and renting rooms to…
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Johnson Fistel Investigates Lifecore Biomedical for Potential Securities Law Violations
Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of securities laws by Lifecore Biomedical, Inc. (NASDAQ: LFCR) following the company’s restatement of financial statements, which led to…
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Netcapital Announces Third Quarter Fiscal 2024 Financial Results
Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, has announced select financial results for the third quarter of fiscal year 2024 ended January 31, 2024….
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Li-Cycle Provides Business Update Following $75 Million Investment from Glencore
Li-Cycle Holdings Corp. (NYSE: LICY), a global leader in lithium-ion battery resource recovery, has announced a business update following its recent $75 million strategic investment from Glencore. The company will…
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Lyft Investors Alerted by Robbins LLP Regarding Class Action Lawsuit
Robbins LLP, a law firm specializing in shareholder rights litigation, has reminded investors of a class action lawsuit filed on behalf of those who purchased or acquired Lyft, Inc. (NASDAQ:…
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PGT Innovations Shareholders Approve Acquisition by MITER Brands
PGT Innovations, Inc. (NYSE: PGTI) announced today that its stockholders have voted to approve the definitive merger agreement with MIWD Holding Company LLC (“MITER Brands”) and an amendment to the…
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Zimmerman Law Offices PC Files Class Action Lawsuit Against Change Healthcare Inc., UnitedHealth Group Inc., UnitedHealthcare Inc., and Optum
Zimmerman Law Offices PC and DannLaw have filed a class action lawsuit on behalf of healthcare providers and pharmacies affected by the Change Healthcare data breach. The lawsuit alleges that…
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Kaskela Law LLC Investigates Carrols Restaurant Group, Inc. Merger
Kaskela Law LLC has announced an investigation into Carrols Restaurant Group, Inc. (NASDAQ: TAST) (“Carrols”) on behalf of the company’s shareholders regarding its proposed acquisition by Restaurant Brands International Inc….
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TikTok Encourages U.S. Users to Contact Senators, Oppose Ban Legislation
TikTok published a notification to some U.S. users, urging them to contact their senators and request a vote against a bill that could lead to a ban on the popular…
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Reddit to sell 22 million shares at range of $31 to $34
Reddit Inc. and its investors are gearing up for one of the year’s largest initial public offerings (IPOs), seeking to raise as much as $748 million. The social media platform…
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Elon Musk: X Could Soon Receive Money Transmitter License in New York
During the Morgan Stanley technology, media, and telecom conference, Elon Musk announced that his social media platform X is close to receiving approval for a money transmitter license in New…
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Goldman Sachs BDC Receives Rating on $400 Million Debt Issuance
Goldman Sachs BDC, Inc. (GSBD), benefiting from its association with Goldman Sachs and its substantial $2.5 trillion Assets Under Supervision, has garnered attention for its strong market position. The support…
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Reddit Targets $6.5 Billion Valuation for IPO, Down from Prior Estimates
Reddit, the popular online discussion platform, is aiming for a valuation of up to $6.5 billion in its upcoming initial public offering (IPO)
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AT&T to Compensate Customers with $5 After Massive Outage
AT&T announced it will be crediting $5 to the accounts of customers hit by the hours-long network outage. This gesture, however, will be limited to certain customer segments, excluding AT&T Business, prepaid, and Cricket users, the company’s budget-friendly wireless option.
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Broadcom Close to Sealing $3.8 Billion Deal with KKR for Desktop Access Business
In a strategic move that underscores Broadcom’s ambition to streamline its operations, the semiconductor giant is on the cusp of finalizing a sale worth approximately $3.8 billion. The deal will…
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Biden Administration Escalates Pressure on China’s SMIC with Import Restrictions
The Biden administration has intensified its scrutiny of China’s top sanctioned chipmaker, Semiconductor Manufacturing International Corp (SMIC), by cutting off its most advanced factory from further American imports. This move…
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SEC Orders UBS Financial Services Inc. to Transfer Remaining Funds and Terminates Fair Fund
The Securities and Exchange Commission (SEC) has issued an order authorizing UBS Financial Services Inc. to transfer the remaining funds of $20,487.50, which are infeasible to return to investors, to…
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Super Micro Computer Plans $1.5 Billion Convertible Note Offering
Super Micro Computer, Inc. (NASDAQ: SMCI), a major player in IT solutions for AI, cloud, storage, and 5G/Edge, has announced its intention to offer $1.5 billion in convertible senior notes…
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Nvidia Q4 Revenue Soars 360% YoY Amid AI Chip Demand
Nvidia Corp. has reported stellar results for its latest quarter, surpassing market expectations as its revenue more than tripled from the previous year. The company’s revenue for the fiscal fourth…
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