EarnestTse/iStock via Getty Images Uber Technologies (NYSE:UBER) could be impacted by the Hong Kong government’s efforts to regulate online car-hailing platforms through licensing requirements and by imposing tougher penalties on illegal ride services. Notably, transport officials in Hong Kong sent a proposal to the legislature asking for further study onContinue Reading
spawns/iStock via Getty Images SATO Technologies (TSXV:SATO:CA) (OTCQB:CCPUF) said on Friday that the bitcoin computing organization earned 11 bitcoins in June, down from 13 in May. BTC produced per EH/s stood at 25.1 for the month. The company reported June mining revenue of $727.5K, down from $843 in the priorContinue Reading
Niu Technologies (NASDAQ:NIU) said in the second quarter of 2024, it sold 256,162 units, including e-motorcycles, e-mopeds, e-bicycles, kick-scooters and e-bikes. The number of units sold in China market and international markets was 207,552 and 48,610, respectively. In international markets, micro-mobility sales grew over 50% year over year. Source: PressContinue Reading
JHVEPhoto/iStock Editorial via Getty Images Luminar (NASDAQ:LAZR) announced on Wednesday that it is launching its Sentinel full-stack software suite, following five years of breakthrough developments in software and AI systems. Sentinel was noted to differ from full-stack autonomous software solutions from other companies that develop software for driverless robotaxis. TheContinue Reading
Andree_Nery/iStock via Getty Images Shoals Technologies (NASDAQ:SHLS) -2.9% in Tuesday’s trading after Citigroup double downgrades the solar energy equipment supplier to Sell from Buy with a $5 price target, ahead of an initial determination of its patent infringement case against Voltage. Shoals’ (SHLS) infringement case has an initial determination slatedContinue Reading
Arlo Technologies (NYSE:ARLO) to collaborate with Allstate to offer DIY smart home security solutions. Arlo (ARLO) will soon offer their customers Allstate protection plans for their Arlo.com purchases, enabling customers to extend protection to three years from date of purchase. “People have an emotional attachment to their homes. It’s theirContinue Reading
Ocean Power Technologies (NYSE:OPTT) on Thursday announced the signing of an Original Equipment Manufacture agreement with Teledyne Marine, a division of Teledyne Technologies (NYSE:TDY), a supplier in the maritime technology inclusive of connectors, instruments, and vehicles. “This strategic partnership aims to enhance OPT’s product offerings and drive innovation within the industryContinue Reading
Road Town, British Virgin Islands, June 25th, 2024, Chainwire Promontory Technologies is excited to announce the launch of its Promontory Alpha Fund, a quantitative, systematic, multi-strategy approach to trade liquid listed digital (“crypto”) assets. The fund is designed to be market-neutral and avoid deep drawdowns, offering both a BVI vehicleContinue Reading
HIVE Digital Technologies press release (NASDAQ:HIVE): FY GAAP EPS of -$0.57 beats by $0.10. The company said, that using a comprehensive income of $25.0 million, the EPS was $0.28. Revenue of $114.47M (+7.7% Y/Y) beats by $2.71M. HIVE achieved an Adjusted EBITDA of $37.5 million for the fiscal year. TheContinue Reading
