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Crown Electrokinetics Stock Purchase (CRKN) Deal with Liqueous Boosts $100 Million Growth Agreement
Crown Electrokinetics Corp. (NASDAQ: CRKN) has entered into a $100 million stock purchase agreement with Liqueous, LP. This arrangement gives Crown the right to sell its common stock, further advancing its market position. Additionally, Crown has secured $33 million in lead pipe remediation contracts and expanded its fiber optic network projects, demonstrating strong growth and financial improvements.
NHTSA Opens Probe into 2.4 Million Tesla Full Self-Driving Vehicles Over Collisions
The NHTSA is investigating 2.4 million Tesla Full Self-Driving vehicles after incidents, including a fatal crash involving reduced visibility conditions.
Game-Changing Venture Capital Infusion Fuels Tech Investment Growth
Emergence Capital nears $1 billion of new funds for tech investment, enhancing its role in supporting emerging technologies. The latest funding signals strong investor confidence and promises to accelerate innovation in the tech sector.
Chip Stocks Surge Following TSMC's Strong Sales Forecast Amid Growth Concerns
TSMC’s strong sales forecast boosts semiconductor stocks, easing investor concerns. With AI-product revenue set to triple, the industry sees renewed growth potential.
Powerful AI Chip Demand Drives TSMC to Raise Revenue Outlook
Taiwan Semiconductor Manufacturing Co. (TSMC) lifts its 2024 revenue forecast, citing strong AI chip demand from major clients like Nvidia and Apple.
China Troubles Drag Down Pernod Ricard's Q1 Sales
Pernod Ricard’s Q1 sales fell by 5.9%, largely due to China troubles, including weak consumer demand and new anti-dumping measures on EU brandy imports. Despite the decline, the company remains optimistic about its fiscal 2024/25 growth prospects.
Devastating Meta Layoffs Hit WhatsApp and Instagram Amid Strategic Shakeup
Meta layoffs hit Instagram and WhatsApp, impacting teams as part of strategic changes aimed at long-term goals. Read how Meta's workforce is affected.
Explosive Short Squeeze Potential for Nuburu Inc. BURU
Explore Nuburu Inc.'s strategic partnerships and blue laser technology amid high short interest, indicating potential for a short squeeze.
BURU Faces NYSE Threshold Securities List with Naked Short Selling Concerns
BURU's inclusion on the NYSE Threshold Securities list raises concerns about naked short selling. Investors should stay informed and proactive in their decision-making.
Crypto Heist Mastermind Faces Five Years in Prison for $6 Billion Scam
US prosecutors are urging a five-year prison sentence for Ilya Lichtenstein, mastermind of the $6 billion Bitfinex crypto heist, emphasizing the need to deter cyber crime.
Oil Prices Steady Amid Middle East Uncertainty and OPEC+ Cuts
Oil prices steady amid ongoing Middle East uncertainty and OPEC+ production cuts, as analysts revise demand forecasts downward, particularly from China.
NUBURU Transitions to New Equity Line of Credit to Support Commercialization
NUBURU announces the transition to a new Equity Line of Credit with Liqueous to support its innovative blue laser technology and commercialization efforts.
NUBURU Focuses on Blue Laser Technology as It Cancels Special Proxy Statement for Funding
CENTENNIAL, Colo., October 14, 2024--NUBURU, Inc. ("NUBURU" or the "Company") (NYSE American: BURU), a leading innovator in high-power and high-brightness industrial laser technology, today announced the cancellation of its Special Proxy Statement. Due to insufficient proxies to form a quorum, the company has withdrawn the proposals and canceled the Special Meeting. However, these critical proposals will be included in the upcoming annual meeting proxy statement, expected to be filed by October 31, 2024. The company aims to secure stockholder approval at this meeting to advance its commercialization and growth plans.
Morning Bid Tech Banks Propel New US Records as China Struggles
The U.S. bond market rejoins after a holiday, witnessing Wall Street stocks surge to new heights, with the S&P 500 and Dow Jones achieving fresh US records. Despite worries over China's economic stability, excitement in the tech and banking sectors fuels optimism as strong corporate earnings influence global market sentiment.
Asian Shares Mixed After Wall Street Reaches New Records
Explore the mixed performance of Asian shares as they react to Wall Street's record highs and China's economic challenges. Discover insights into market sentiment, economic outlook, and corporate earnings impacting Asian equities.
AI Processors AMD Debuts Latest Chips in Battle Against Nvidia and Intel
AMD has launched its new AI processors including the EPYC and MI325X chips as it competes with Nvidia and Intel in the rapidly growing AI market.
Persistent Inflation Causes Stock Market Declines as CPI Rises in September
Discover how persistent inflation influenced the stock market today. Major indexes close lower following the latest CPI report.
France Targets Colossal Debt by Hitting Big Firms and the Wealthy
France's government unveils a bold budget plan to tackle its colossal debt, targeting large corporations and wealthy individuals to restore fiscal health amid political challenges.
Chinese Stock Market Decline Shocks Investors Ahead of Key Policy Briefing on Fiscal Stimulus
The Chinese stock market decline deepens as investors await Beijing's policy briefing on fiscal stimulus. Will new measures revive the slowing economy?
Impax Asset Management Increases Stake in Nvidia After Underestimating Its Market Potential
Impax Asset Management has significantly increased its investment in Nvidia Corp., recognizing the undervaluation of the tech giant amid a booming AI sector. By tripling its stake, Impax aligns its sustainable investment strategy with Nvidia's innovative energy-efficient chips, positioning itself for growth in an evolving market landscape.
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