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How Much Cash Women Really Have Saved — and Why It Falls Short
Yahoo Finance· 2025-12-17 13:05
More than 1 in 5 women have no cash savings at all — and even those who do may not have enough. A recent Fidelity study found that women have an average of $54,000 saved, compared to $62,000 for men. But with rising costs, economic uncertainty and the gender pay gap, that cushion might not go as far as you think. Read Next: 6 Things You Must Do When Your Savings Reach $50,000 Be Aware: 4 Surprising Things That Could Impact Your Wallet If a Recession Hits In this “Financially Savvy Female” column, we’re c ...
Critical Infrastructure Technologies Executes a Confidentiality Agreement with Aegis Critical Energy Defence Corp.
Thenewswire· 2025-12-17 13:05
Core Insights - Critical Infrastructure Technologies Ltd. (CiTech) has signed a Non-Disclosure Agreement (NDA) with Aegis Critical Energy Defence Corp. to explore collaboration opportunities in secure energy and digital platforms [1][2][3] Group 1: Agreement Details - The NDA allows both companies to exchange confidential information and assess potential collaboration in areas such as secure energy, digital platforms, and critical infrastructure applications [2][3] - The agreement does not commit either party to a transaction but facilitates structured discussions while protecting proprietary information [3] Group 2: Company Profiles - Aegis Critical Energy Defence Corp. specializes in advanced battery energy storage systems for various applications, including defence and critical infrastructure [5] - CiTech focuses on developing autonomous, high-capacity mobile communications technology, targeting sectors like mining, defence, and emergency services with its product, the Nexus 16 [7] Group 3: Strategic Importance - The collaboration aims to align the capabilities of both organizations in secure energy and digital domains, which is crucial for regulated and critical infrastructure environments [4] - Aegis emphasizes its commitment to delivering secure energy systems through partnerships with Indigenous communities and global technology leaders [5][6]
StorONE Announces Technology Partnership and Hardware Validation with HPE
Globenewswire· 2025-12-17 13:05
Core Insights - StorONE's platform has been validated through the HPE Partner Ready for Technology Partner Program, confirming its seamless performance on HPE ProLiant Gen11 servers [1] - The integration with HPE GreenLake provides unified visibility and simplified management across on-premises and hybrid cloud environments [3] Company Overview - StorONE offers a cost-efficient enterprise storage platform designed to meet modern economic and security challenges, leveraging intelligent auto-tiering to reduce flash dependency while delivering enterprise-class performance [6][7] - The platform supports all major storage protocols and operates on any server and disk media, providing flexibility and freedom from vendor lock-in [7] Product Features - The unified architecture of StorONE converges block, file, and object services on one platform, featuring AI Smart Auto-Tiering that optimizes data placement and integrated data protection for resilience [2] - Key advantages include resilient data protection with direct-to-disk writes, flexible per-volume erasure coding, and over one hundred thousand immutable snapshots per volume [4] - Significant cost reduction is achieved through AI-enabled Smart Auto-Tiering, which can lower storage spending by up to sixty percent and drive utilization rates up to ninety-five percent [8] Market Demand - The validation from HPE reflects the current market demand for modern storage solutions that provide high performance without the need for all-flash architectures, especially as flash prices rise [5]
Paramount just didn't measure up to Netflix on its bid: Warner Bros. chairman Samuel Di Piazza
Youtube· 2025-12-17 13:05
Core Insights - The board of Warner Brothers expressed concerns regarding the financing proposals from Larry Ellison, indicating a lack of confidence in the guarantees provided for the deal [2][4][6] - Netflix's offer was highlighted as more compelling due to its cash-heavy structure, certainty of closing, and a high termination fee, which addressed operational issues that the board was concerned about [3][6] - The board emphasized the importance of having a reliable equity stack and direct communication with key stakeholders to ensure deal closure, which was not adequately addressed in Ellison's proposals [4][5][10] Financing Concerns - The board questioned the reliability of financing from one of the wealthiest individuals, citing that no guarantees were made in the proposals that would ensure the deal's success [2][4][6] - Investors perceived the $30 per share cash offer from Ellison as attractive, but the board remained cautious about the potential risks associated with the financing structure [7][8] Shareholder Sentiment - Shareholders expressed satisfaction with the board's decision, indicating a positive reception to the strategic changes being implemented after a prolonged period of uncertainty [9][10] - The board acknowledged the need for change and the importance of delivering value to investors, which led to the decision to pursue a spin-off [9][10]
Eldorado Gold Purchases Additional Shares in Amex Exploration
Globenewswire· 2025-12-17 13:05
Core Viewpoint - Eldorado Gold Corporation has acquired an additional 14,868,200 common shares of Amex Exploration Inc. for a total consideration of C$59,472,800, increasing its ownership stake significantly in Amex [1][2]. Group 1: Share Acquisition Details - The acquisition price per share was C$4.00, resulting in a total investment of C$59,472,800 [1]. - Prior to the acquisition, Eldorado owned 23,758,130 shares and 207,000 warrants, representing approximately 16.77% of Amex's outstanding shares on a non-diluted basis [2]. - After the acquisition, Eldorado's ownership increased to 38,626,330 shares and 207,000 warrants, representing approximately 27.27% of the outstanding shares on a non-diluted basis [2]. Group 2: Investment Intentions - The acquisition was made for investment purposes in response to an unsolicited opportunity to increase its stake in Amex [3]. - Eldorado has no current plans that would lead to significant changes in Amex's operations or management [3]. - The company may consider increasing or decreasing its ownership in Amex's securities in the future, depending on market conditions [3]. Group 3: Regulatory Compliance - Eldorado relied on the "private agreement exemption" under National Instrument 62-104 for the acquisition, as the purchase was made from less than five persons and was not offered to all shareholders [4]. - The consideration paid was not greater than 115% of the market price of the shares at the time of the private agreement [4]. - An early warning report will be filed in compliance with NI 62-104, providing additional information regarding the acquisition [5]. Group 4: Company Background - Eldorado Gold is a producer of gold and base metals with operations in Türkiye, Canada, and Greece, and is known for its high-quality assets and responsible operations [7].
KULR Technology Group Enters Joint Development Collaboration for $100M AI Server Rack Battery Backup Unit Opportunity
Globenewswire· 2025-12-17 13:05
Core Insights - KULR Technology Group has entered a Joint Development Collaboration with a leading global battery-cell manufacturer to co-develop a next-generation KULR ONE® MAX Battery Backup Unit (BBU) product line aimed at AI-scale data centers and high-power compute environments [1][2] Group 1: Collaboration and Product Development - The collaboration will focus on designing, developing, and certifying a state-of-the-art BBU architecture based on a new ultra-high-power 21700 cell platform [2][4] - KULR will lead the safety engineering and UL certification processes, while the partner will provide cell-level integration and technical resources [4][5] - The joint development is projected to have a commercial program value of up to $100 million [2] Group 2: Market Position and Demand - KULR aims to enhance its strategic position in the AI data-center energy market, addressing the growing global demand for safe, certifiable, high-power lithium-ion backup systems [3][6] - The BBU system will be optimized for ultra-high-current and high-power AI server workloads, reflecting the increasing compute density and energy intensity in the industry [4][3] Group 3: Long-Term Supply Commitment - The joint-development partner has committed to supplying ultra-high-power 21700 cells for the BBU product line throughout the program's lifetime, ensuring KULR has predictable and scalable access to high-performance cells [5]
Savara Announces Participation in the 44th Annual J.P. Morgan Healthcare Conference
Businesswire· 2025-12-17 13:05
LANGHORNE, Pa.--(BUSINESS WIRE)--Savara Inc. (Nasdaq: SVRA) (the "Company†), a clinical stage biopharmaceutical company focused on rare respiratory diseases, today announced that members of the management team will present and host one on one meetings at the 44th Annual J.P. Morgan Healthcare Conference. Date/Time of Presentation: Wednesday, January 14, 5:15pm PT/8:15pm ET Presenter: Matt Pauls, Chair and Chief Executive Officer, Savara Location: Westin St. Francis, San Francisco, Elizabethan B. ...
Here's when Tesla stock will reach $500, according to ChatGPT
Finbold· 2025-12-17 13:04
Tesla (NASDAQ: TSLA) reached a new all-time high of $488 on Tuesday, December 16, and artificial intelligence (AI) suggests that the $500 Tesla stock price target could be in reach sooner than you think.Based on Finbold’s inquiries that incorporated relevant market data as of December 17, OpenAI’s flagship large language model (LLM), ChatGPT-5.2, has argued that Tesla stock is ‘very close’ to $500 and could potentially reach the milestone in a matter of weeks, with TSLA shares trading above $490 in pre-mark ...
Lennar Posts Mixed Q4 Results, Joins Worthington Enterprises And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session - AMC Robotics (NASDAQ:AMCI), Avantor (NYSE:AVTR)
Benzinga· 2025-12-17 13:04
Shares of Lennar Corp (NYSE:LEN) fell sharply in pre-market trading after the company reported mixed financial results for the fourth quarter. Lennar reported fourth-quarter revenue of $9.37 billion, beating analyst estimates of $9.02 billion, according to Benzinga Pro. The company reported adjusted earnings of $2.03 per share for the quarter, missing estimates of $2.21 per share. U.S. stock futures were higher this morning, with the Dow futures gaining around 0.2% on Wednesday. AlphaVest Acquisition Corp ( ...
Lennar Posts Mixed Q4 Results, Joins Worthington Enterprises And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
Benzinga· 2025-12-17 13:04
U.S. stock futures were higher this morning, with the Dow futures gaining around 0.2% on Wednesday.Shares of Lennar Corp (NYSE:LEN) fell sharply in pre-market trading after the company reported mixed financial results for the fourth quarter.Lennar reported fourth-quarter revenue of $9.37 billion, beating analyst estimates of $9.02 billion, according to Benzinga Pro. The company reported adjusted earnings of $2.03 per share for the quarter, missing estimates of $2.21 per share.Lennar shares dipped 3.8% to $1 ...