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Nebius to resume Nasdaq trading after severing ties with Russia and Yandex
TechCrunch· 2024-10-18 09:48
Nebius, the company formerly known as Yandex that’s now focused on cloud infrastructure for AI uses (aka “AI compute”), is to begin trading on the public markets once again — more than two years after the Nasdaq halted trading due to economic sanctions imposed in the wake of Russia’s Ukraine invasion in 2022.The Netherlands-based company is vying to become one of Europe’s leading players in the burgeoning “GPU-as-a-service” space, and sits in a somewhat unique position — it is a startup in many ways as it’s ...
Telix Files Form 20-F Registration Statement for Nasdaq ADS
GlobeNewswire News Room· 2024-10-17 21:28
MELBOURNE, Australia, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Telix Pharmaceuticals Limited (ASX: TLX, Telix, the Company) announces that it has publicly filed a Form 20-F registration statement (Registration Statement) with the United States (U.S.) Securities and Exchange Commission (SEC) relating to a proposed listing of American Depository Shares (ADS), representing the Company’s ordinary shares, on the Nasdaq Stock Market (Nasdaq). The proposed Nasdaq listing is expected to be established as a Level II Americ ...
Nasdaq Turns to AI to Improve Bank and Insurance Risk Assessment
PYMNTS.com· 2024-10-17 21:07
Nasdaq has introduced technology to calculate investment portfolio risk using machine learning.The new functionality, announced Thursday (Oct. 17), will be woven into Nasdaq’s Calypso platform, used by banks, insurers and other financial institutions to do things like access capital markets, manage risk and adhere to regulatory reporting obligations.“Nasdaq’s machine learning technology is combined with a sophisticated form of mathematical modeling that can significantly improve the efficiency of conducting ...
Fresh2 Group Ltd. Announces Receipt of Staff Delisting Determination from Nasdaq; Intends to Request A Hearing
GlobeNewswire News Room· 2024-10-17 20:05
New York, NY, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Fresh2 Group Ltd. (NASDAQ: FRES) (“Fresh2” or the “Company”), a  B2B e-commerce and supply chain management company within the restaurant and food industry, today announced that on October 16, 2024, it received a Staff Determination Letter from the Nasdaq Stock Market LLC (“Nasdaq”)  indicating that the Company did not comply with Nasdaq’s filing requirements as set forth in Listing Rule 5250(c)(1). The letter is a result of the Company’s failure to file its F ...
Sky Quarry to Ring the Nasdaq Closing Bell on Friday, October 25, 2024
GlobeNewswire News Room· 2024-10-17 14:55
Core Viewpoint - Sky Quarry Inc. is celebrating its recent listing on the Nasdaq Exchange by ringing the closing bell on October 25, 2024, marking a significant milestone for the company and its stakeholders [1][2]. Company Overview - Sky Quarry Inc. is an integrated energy solutions company focused on revolutionizing the waste asphalt shingle recycling industry, aiming to repurpose and upcycle millions of tons of asphalt shingle waste to divert it from landfills [1][4]. - The company is involved in oil production, refining, and environmental remediation, utilizing innovative technologies to improve waste management and reduce environmental impact [4]. Upcoming Events - The Nasdaq Closing Bell ceremony will be broadcast live on October 25, 2024, starting at 3:45 p.m. Eastern Time, with a Behind the Bell interview following the ceremony [3]. - Company management will be in New York City for investor meetings and media interviews on October 24-25, 2024 [3].
Sonnet BioTherapeutics Inc. Regains Compliance with Nasdaq
GlobeNewswire News Room· 2024-10-17 12:45
PRINCETON, NJ, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Sonnet BioTherapeutics Holdings, Inc. (the “Company” or “Sonnet”) (NASDAQ: SONN), a clinical-stage company developing targeted immunotherapeutic drugs, today announced that it received notice on October 16, 2024 from The Nasdaq Stock Market LLC (“Nasdaq”) that the Company regained compliance with the bid price requirement in Listing Rule 5550(a)(2) (the “Bid Price Rule”) for continued listing on the Nasdaq Capital Market. Accordingly, in application of Listin ...
Nasdaq poised to jump as chip maker TSMC inspires gains in Nvidia, AMD
Proactiveinvestors NA· 2024-10-17 12:32
About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...
Nasdaq Integrates AI to Simplify and Accelerate Bank and Insurance Risk Calculations
GlobeNewswire News Room· 2024-10-17 07:00
Core Viewpoint - Nasdaq has developed a new methodology utilizing advanced machine learning to enhance investment portfolio risk calculations and predictive analytics, which will be integrated into its Calypso platform for financial institutions [1][3]. Group 1: Nasdaq's Technological Advancements - Nasdaq's machine learning technology can process complex trading and regulatory risk calculations up to 100 times faster while maintaining high accuracy, significantly reducing the physical infrastructure needed for these calculations [3][4]. - The new XVA Accelerator employs Chebyshev Tensors and a patented technique from MoCaX Intelligence, allowing for rapid adjustments during market volatility by identifying fewer 'smart' scenarios for timely risk analytics [7][9]. - The XVA Accelerator adapts dynamically to changing market conditions, providing accurate approximations with fewer calculations, thus lowering energy requirements and carbon footprint [8][9]. Group 2: Industry Context and Regulatory Environment - The rise in market volatility and regulatory requirements has led to increasingly complex risk calculations, with typical portfolios requiring up to 1 trillion calculations per day [1][6]. - Financial institutions are enhancing their internal risk frameworks to meet the demands of regulations like the Basel III Endgame, which introduces more complex calculations for XVA [5]. - The Credit Value Adjustment process, which involves millions of Monte Carlo simulations, is critical for managing risks and has become more complex since the Global Financial Crisis of 2007-2008 [2][6].
Optinose Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
GlobeNewswire News Room· 2024-10-16 20:05
YARDLEY, Pa., Oct. 16, 2024 (GLOBE NEWSWIRE) -- OptiNose, Inc. (NASDAQ:OPTN), a pharmaceutical company focused on patients treated by ear, nose and throat (ENT) and allergy specialists, today announced that the company has granted a non-qualified stock option awards to purchase an aggregate of 185,000 shares of its common stock to eight new employees as an inducement material for accepting employment with OptiNose. The stock option awards were granted outside of the OptiNose, Inc. 2010 Stock Incentive Plan ...
Direct Digital Holdings Regains Nasdaq Compliance
Prnewswire· 2024-10-16 20:01
HOUSTON, Oct. 16, 2024 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating through its companies Colossus Media, LLC ("Colossus SSP"), Orange 142, LLC ("Orange 142") and Huddled Masses LLC ("Huddled Masses"), announced today that it received written notice from the staff of the Listing Qualifications Department (the "Staff") of The Nasdaq Stock Market LLC informing the Company that it has ...