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Australian Stock Market continues to see downward trend: ASX 200 drops further as Droneshield loses momentum day after big rise; Check top gainers and losers
The Economic Times· 2025-12-17 06:07
DroneShield Limited lost its momentum on Wednesday, the day after finding a place in the top gainers on the This comes a day after the Australian share market witnessed a decline as it ended the day on Tuesday (December 16, 2025) with the S&P/ASX 200 closing on the lower side, dropping 36.10 points, or 0.42%, to 8,598.90.ASX 200: Top gainers and losersOn the S&P/ASX 200, several stocks recorded notable gains and declines. Among the top performers, IGO Limited (IGO) led the board with a last price of $7.690 ...
Planet Labs' Financial Performance and Stock Insights
Financial Modeling Prep· 2025-12-17 06:02
Planet Labs (NYSE:PL) faces a potential decrease in stock price as per National Bank's price target.The company's stock has recently surged by 35% due to a significant increase in its backlog, indicating potential future revenue growth.Despite the surge, concerns about stagnant growth, high expenses, and reliance on government contracts persist among investors.Planet Labs (NYSE:PL), a San Francisco-based company specializing in Earth-imaging and geospatial analytics, is known for its innovative technology t ...
TikTok monitored Grindr activity through third-party tracker, privacy group alleges
Reuters· 2025-12-17 06:02
Core Point - A privacy advocacy group, noyb, has filed complaints against TikTok, Grindr, and AppsFlyer for allegedly breaching regional privacy laws, which could lead to the exposure of sensitive data [1] Group 1 - The complaints were submitted to Austria's data protection authority [1] - The allegations suggest that the companies risk exposing sensitive user data [1]
Nektar Therapeutics (NKTR) Discusses Topline Results From REZOLVE-AA Phase 2b Study of rezpegaldesleukin in Alopecia Areata - Slideshow (NASDAQ:NKTR) 2025-12-17
Seeking Alpha· 2025-12-17 06:01
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AIxC Appoints Andrew Grossman As Head of Legal Where He Will Direct the Company's Legal, Compliance, and Governance Strategy
Prnewswire· 2025-12-17 06:01
Core Insights - AIxCrypto Inc. has appointed Andrew Grossman as Head of Legal to oversee legal, compliance, and governance functions, focusing on SEC disclosures and strategic agreements [1][2][3] - The company recently rebranded from Qualigen Therapeutics, Inc. to AIxCrypto Holdings, Inc., aiming to integrate AI and blockchain technologies while bridging Web2 and Web3 [4][5] Company Strategy - AIxCrypto is positioned at the intersection of Web3 and AI, with a commitment to responsible innovation and sustainable commercial value [3] - The company aims to create a leading ecosystem that connects AI, crypto, and blockchain technologies, establishing itself as a gateway to the emerging AI Web3 landscape [4][5] Leadership and Compliance - Andrew Grossman brings extensive experience in securities regulation and corporate governance, which will enhance AIxCrypto's compliance framework [2][3] - His leadership is expected to strengthen the company's compliance capabilities and support long-term regulatory alignment, particularly in collaboration with Faraday Future Intelligent Electric, Inc. [3]
New Published Data Confirms Nemluvio® (Nemolizumab) Can Rapidly Relieve Itch and Improve Sleep in as Early as Two Days in Both Atopic Dermatitis and Prurigo Nodularis
Financialpost· 2025-12-17 06:00
Article contentTaken individually, each study (ARCADIA 1 and 2 for atopic dermatitis and OLYMPIA 1 and 2 for prurigo nodularis) also demonstrated a significant PP-NRS response at Day 2.1 These new data reinforce nemolizumab’s efficacy and its potential to deliver rapid relief from itch – the most burdensome symptom for many patients with atopic dermatitis and prurigo nodularis.13,14 Media can find more information and resources on atopic dermatitis and prurigo nodularis in this toolkit.About Nemluvio® (nemo ...
Texas Sues Utility Company Xcel Over ‘Blatant Negligence’ in Fatal Wildfire
Insurance Journal· 2025-12-17 06:00
Texas Attorney General Ken Paxton sued Xcel Energy Inc., accusing the utility company of “blatant negligence” over its role in the Smokehouse Creek wildfire that killed three people and caused more than $1 billion in damage last year.“The company made false representations about its safety commitments and ignored warnings that its aging infrastructure needed immediate repair and to be updated,” according to a statement from the AG’s office Tuesday. Xcel shares fell as much as 4.34% on Tuesday. Paxton said i ...
111, Inc. Announces Third Quarter 2025 Unaudited Financial Results
Prnewswire· 2025-12-17 06:00
Core Insights - 111, Inc. achieved non-GAAP operational profitability for the third consecutive quarter, demonstrating resilience in a challenging macroeconomic environment [4][5] - The company is transitioning to an asset-light business model by divesting three self-operated subsidiaries, which will now serve as fulfillment partners, enhancing liquidity and profitability [4][18][21] - The "MANTIANXING" initiative has significantly improved supply chain capabilities, resulting in a 20.5% increase in GMV and a 31.0% increase in customer count compared to the previous quarter [4][6] Financial Performance - Net revenues for Q3 2025 were RMB3.0 billion (US$421.5 million), a decrease of 16.7% from RMB3.6 billion in Q3 2024 [7][34] - Non-GAAP net income was RMB1.1 million (US$0.2 million), consistent with the same quarter last year, accounting for 0.04% of net revenues [6][13] - Total operating expenses decreased by 13.4% to RMB180.3 million (US$25.3 million) compared to RMB208.2 million in the same quarter of the previous year [6][10] Strategic Initiatives - The divestiture of three subsidiaries is part of a broader strategy to shift from a capital-intensive model to an asset-light partnership structure, which is expected to improve profitability and liquidity [18][21][22] - The company aims to build an AI-powered transaction platform for pharmaceutical procurement, enhancing decision-making for pharmacies and maximizing supplier reach [4][7] Operational Metrics - The company generated positive operating cash flow of RMB89.3 million (US$12.5 million) year-to-date, with net cash from operating activities of RMB38.1 million (US$5.4 million) for the quarter [6][10] - Fulfillment expenses accounted for 2.9% of net revenues, slightly up from 2.8% in the same quarter last year, while selling and marketing expenses decreased by 19.7% [10][19] Balance Sheet Highlights - As of September 30, 2025, the company held cash and cash equivalents totaling RMB557.5 million (US$78.3 million), an increase from RMB518.3 million at the end of 2024 [17][33] - Total liabilities decreased to RMB2.26 billion (US$317.96 million) from RMB2.41 billion, reflecting improved financial health [33]
Cool Company Ltd. Announces Meeting Date for Special Meeting for Proposed Merger with Newly Formed, Wholly Owned Subsidiary of EPS Ventures Ltd
Businesswire· 2025-12-17 06:00
Core Points - Cool Company Ltd. has scheduled a special meeting for its shareholders on January 6, 2026, at 1:00 PM GMT [1] - The purpose of the meeting is to vote on the proposed merger with a newly formed, wholly owned subsidiary of EPS Ventures Ltd. [1] - This merger was previously announced on December 8, 2025, and is a significant development for CoolCo [1]
RTX Surges to Record Highs as Defense Orders Explode
Investing· 2025-12-17 05:48
Market Analysis by covering: Rtx Corp. Read 's Market Analysis on Investing.com ...