StubHub IPO: STUB Stock Nudges Higher In Ticket Marketplace's Debut
Investors· 2025-09-17 16:53
SPECIAL REPORT: Here's The Most Trusted Credit Card Company — Once Again The company filed for an IPO in March before pulling back amid market turmoil caused by President Donald Trump's initial tariff plan. Will Strong Run Continue StubHub IPO? The StubHub IPO comes as the overall market for new offerings is heating up. Last week saw seven large IPOs, the busiest week since 2021, according to Renaissance Capital. That included strong debuts from "buy now pay later" firm Klarna (KLAR) and cryptocurrency trad ...
MDA SPACE RECEIVES 2025 GLOBAL SATELLITE BUSINESS OF THE YEAR AWARD AT WORLD SPACE BUSINESS WEEK
Prnewswire· 2025-09-17 16:53
Core Insights - MDA Space Ltd. has been awarded the 2025 Global Satellite Business of the Year by Novaspace, recognizing its significant contributions to the space industry [1][2]. Company Achievements - MDA Space achieved an industry first in satellite beam forming and steering with its Ka-band radiating array (DRA) using direct sampling [3]. - The company continued the deployment of its MDA AURORA product line, which offers software-defined broadband and direct-to-device (D2D) satellite solutions, allowing customers to modify payload functionalities while in orbit [3]. Industry Recognition - The Global Satellite Business of the Year award celebrates organizations that demonstrate extraordinary accomplishments and positive contributions to the satellite sector globally [2]. - MDA Space's CEO, Mike Greenley, emphasized the commitment and expertise of the MDA Space Satellite Systems team in advancing satellite technology to meet market needs [3]. Company Background - MDA Space has over 55 years of experience and has been involved in more than 450 missions, positioning itself as a leader in communications satellites, Earth and space observation, and space exploration [4]. - The company employs over 3,800 experts across Canada, the US, and the UK, showcasing a blend of experience and engineering excellence [4].
Tesla dodges trial and settles lawsuit over a deadly Autopilot crash
Business Insider· 2025-09-17 16:53
Tesla has avoided another jury trial over a deadly crash involving the electric carmaker's Autopilot driver-assist system. Elon Musk's company reached a deal this week to settle a lawsuit with the family of a 15-year-old boy who was killed in a 2019 California highway collision after a Tesla Model 3 slammed into the teen's father's pickup truck.Notice of settlement documents were filed in Alameda County Superior Court on Monday, just four weeks before the case was scheduled to go to trial. The documents sa ...
SoundHound AI Executes Expansion Playbook Again With Interactions Deal
Yahoo Finance· 2025-09-17 16:52
Core Viewpoint - SoundHound AI, Inc. has agreed to acquire Interactions Corporation for up to $85 million, which includes $60 million in cash and a $25 million performance-based earn-out [1] Group 1: Acquisition Details - The acquisition is part of SoundHound's horizontal expansion strategy, which has contributed to its recent growth [2] - Interactions Corporation offers complementary AI technology and a diverse customer base across various industries, including retail, consumer technology, insurance, and automotive [2] Group 2: Financial Implications - The acquisition is expected to create significant cross-sell and upsell opportunities as SoundHound integrates its solutions into Interactions' client base [3] - SoundHound reported stronger-than-expected financial results, with a second-quarter revenue of $42.7 million, surpassing the forecast of $32.9 million [5] - Management has raised its 2025 sales outlook to between $160 million and $178 million, exceeding Wall Street's consensus of $159.5 million [5] Group 3: Analyst Insights - H.C. Wainwright analyst Scott Buck maintains a Buy rating with an $18 price target, indicating a potential upside of approximately 20% from current levels [4] - The acquisition is seen as enhancing SoundHound's financial profile and growth pipeline, reinforcing confidence in achieving operating profitability by late 2025 [6]
These 3 charts show how the rise of technology stocks has transformed the U.S. equity market
MarketWatch· 2025-09-17 16:52
Some on Wall Street like to compare the current artificial-intelligence driven stock-market boom with the dot-com bubble of the 1990s. ...
Chevron & Israel Announce Launch of New Gas Pipeline Project to Egypt
ZACKS· 2025-09-17 16:51
Key Takeaways Chevron and Israel start building the Nitzana pipeline to send Leviathan gas supplies to Egypt.The pipeline will boost Israel's exports above 2.2 bcf per day and ease Egypt's energy crunch.Energean also plans to use Nitzana from 2027, strengthening regional energy cooperation.Per Reuters, Chevron Corporation (CVX) has partnered with Israel Natural Gas Lines to begin work on the Nitzana natural gas pipeline, a strategic project designed to carry gas from the Leviathan field to Egypt. The initia ...
CAVA vs. Sweetgreen: Which Fast-Casual Stock Has the Edge Right Now?
ZACKS· 2025-09-17 16:51
Key Takeaways CAVA's new units are averaging above $3M AUVs, reinforcing the scalability of its growth model.Sweetgreen is rolling out Infinite Kitchen and Project One Best Way to improve execution and efficiency.CAVA stock fell 15.3% in three months, while Sweetgreen shares plunged 27.9% over the same period.CAVA Group, Inc. (CAVA) and Sweetgreen, Inc. (SG) represent two distinct yet compelling approaches to the fast-casual healthy eating opportunity. CAVA is pioneering the Mediterranean category, with str ...
Walmart's stock is approaching a new high. But analysts say the months ahead could get ‘noisier.
MarketWatch· 2025-09-17 16:51
BofA analysts cite AI, younger consumers and delivery speeds as positives for the big-box chain — but steeper price competition likely lies ahead. ...
Micron: Riding The AI Wave As Memory Demand Unlocks Multi-Year Growth Potential (MU)
Seeking Alpha· 2025-09-17 16:50
Micron Technology, Inc. (NASDAQ: MU ) is a semiconductor company that operates in the data storage and computer memory markets. These are crucial for data centers and enable AI enhancements, which experience significant demand. Besides artificial intelligence, its designed and manufacturedDear Reader,I am a Senior Derivatives Expert with over 10 years of experience in the field of Asset Management, specializing in equity analysis and research, macroeconomics, and risk-managed portfolio construction. My prof ...
Micron: Riding The AI Wave As Memory Demand Unlocks Multi-Year Growth Potential
Seeking Alpha· 2025-09-17 16:50
Micron Technology, Inc. (NASDAQ: MU ) is a semiconductor company that operates in the data storage and computer memory markets. These are crucial for data centers and enable AI enhancements, which experience significant demand. Besides artificial intelligence, its designed and manufacturedDear Reader,I am a Senior Derivatives Expert with over 10 years of experience in the field of Asset Management, specializing in equity analysis and research, macroeconomics, and risk-managed portfolio construction. My prof ...