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X @The Economist
The Economist· 2025-12-04 16:29
Foreign carmakers are localising their operations in the country https://t.co/O2FqWt4BFz ...
ODYSIGHT.AI ANNOUNCES SUCCESSFUL PROOF-OF-CONCEPT IN THE GLOBAL MINE TRUCK SEGMENT CONDUCTED WITH A MAJOR INTERNATIONAL AUTOMOTIVE OEM
Globenewswire· 2025-12-04 14:00
OMER, Israel, Dec. 04, 2025 (GLOBE NEWSWIRE) -- Odysight.ai Inc. (NASDAQ: ODYS), a leader in AI-powered visual sensing and Predictive Maintenance (PdM) solutions, announces the successful completion of a Proof of Concept (POC) project in the global mine truck segment conducted with a major international automotive OEM. As part of the evaluation, Odysight.ai’s solution was installed on an 8x4 heavy-duty mine truck chassis. The system was fully integrated into the vehicle’s structural framework to enable cont ...
Cars Commerce Appoints Seasoned SaaS and Marketplace Technologist Cormac Twomey as Chief Technology Officer
Prnewswire· 2025-12-04 12:30
Core Insights - Cars.com Inc. has appointed Cormac Twomey as the new Chief Technology Officer (CTO) to enhance innovation and scale the technology platform [1][2] - Twomey brings extensive experience in SaaS and digital marketplace technologies, having previously served as CTO at OpenTable, where he successfully transitioned the company to a SaaS-based model [2][3] - His appointment is expected to drive the company's growth in AI and improve automotive retail and wholesale capabilities [1][2] Company Overview - Cars Commerce is a technology company focused on empowering the automotive industry through innovative products and AI-driven solutions [4] - The company operates a platform that includes various brands such as Cars.com, Dealer Inspire, AccuTrade, DealerClub, and Cars Commerce Media Network, aimed at streamlining car buying and selling processes [4] - The platform supports local retail operations by providing essential tools for trade-in, appraisal, and marketing services [4]
Down 40%, Should You Buy SoundHound AI Right Now?
The Motley Fool· 2025-12-03 20:15
The company is growing, but so are its losses.How times have changed for SoundHound AI (SOUN +3.21%). The stock had a mammoth run of 835% in 2024, just to falter throughout much of this year. SoundHound stock is down 40% on a year-to-date basis, despite increasing its revenue and developing the building blocks of a unique business that's already being embraced by some industries.Is SoundHound stock just in a lull, or do the company's rapidly expanding losses signal a fundamental problem? Let's take a closer ...
Recycled Aluminum Market Set for $91 Billion Boom by 2032
Yahoo Finance· 2025-12-03 20:00
The global aluminum recycling market is set for a substantial expansion, projected to reach $91.3 billion by 2032, as industrial consumers aggressively pursue low-carbon material sources to mitigate skyrocketing energy costs and meet stringent decarbonization targets. The forecast, detailed in a new market analysis, highlights a fundamental shift in the global metal supply chain. The recycling market, valued at $57.2 billion in 2024, is expected to expand at a compound annual growth rate (CAGR) of 6.2%. ...
Crude Oil Gains 1%; Macy's Reports Strong Q3 Results
Benzinga· 2025-12-03 17:21
Market Overview - U.S. stocks experienced an upward trend, with the Dow Jones increasing by over 250 points, closing at 47,765.87, a rise of 0.61% [1] - The NASDAQ rose by 0.07% to 23,430.56, while the S&P 500 gained 0.22% to reach 6,844.57 [1] - Energy shares saw a notable increase of 1.2%, while information technology stocks fell by 0.6% [1] Company Performance - Macy's Inc reported third-quarter sales of $4.713 billion, a decrease of 0.6% year-over-year, but exceeded analysts' expectations of $4.621 billion. The adjusted earnings per share for the quarter were 9 cents [2] Commodity Market - Oil prices rose by 1% to $59.21, while gold increased by 0.6% to $4,246.90. Silver and copper also saw gains of 0.4% to $58.935 and 3% to $5.4000, respectively [5] European Market - European shares were mostly higher, with the eurozone's STOXX 600 rising by 0.16% and Spain's IBEX 35 Index increasing by 1.55%. However, London's FTSE 100 fell slightly by 0.02% [6] Asian Market - Asian markets closed mixed, with Japan's Nikkei gaining 1.14%, while Hong Kong's Hang Seng, China's Shanghai Composite, and India's BSE Sensex experienced declines of 1.28%, 0.51%, and 0.04%, respectively [7] Notable Stock Movements - Capricor Therapeutics, Inc. shares surged by 291% to $24.87 following positive results from its Phase 3 HOPE-3 Trial [8] - Virax Biolabs Group Limited shares increased by 71% to $0.6709 due to clinical progress announcements [8] - Aeva Technologies, Inc. saw a 16% rise to $12.58 after being selected as a LiDAR supplier for a major European OEM [8] - CIMG Inc. shares dropped by 35% to $0.1200 after announcing a reverse stock split [8] - ADC Therapeutics SA shares fell by 29% to $3.2499 following updated trial data [8] - Pure Storage, Inc. shares decreased by 26% to $69.99 after reporting third-quarter results [8] Economic Indicators - The S&P Global services PMI declined to 54.1 in November from 54.8 in the previous month [11] - U.S. industrial production increased by 0.1% month-over-month in September, contrasting with a revised 0.3% decline in August [11] - Private businesses in the U.S. reduced jobs by 32,000 in November, compared to a revised gain of 47,000 in the previous month [11] - U.S. crude oil inventories rose by 0.574 million barrels in the week ending Nov. 28, compared to a 2.774 million barrel gain in the previous week [11]
X @Bloomberg
Bloomberg· 2025-12-03 16:38
VW continues to struggle with slow EV uptake in Europe, excess capacity in its factories, and softening sales in China and the US. https://t.co/VKbsO2YsDQ ...
Oracle initiated, Uber upgraded: Wall Street's top analyst calls
Yahoo Finance· 2025-12-03 14:35
Core Viewpoint - The article highlights significant research upgrades for various companies, indicating a positive shift in investor sentiment and potential growth opportunities in their respective markets [1]. Group 1: Upgrades - Arete upgraded Uber (UBER) to Buy from Neutral with a price target of $125, increased from $82, citing that concerns over competition from autonomous vehicles are overstated [2]. - Arete upgraded Lyft (LYFT) to Neutral from Sell with a price target of $20, up from $10, noting potential partnerships with Amazon's Zoox by 2026 [2]. - Longbow upgraded Garmin (GRMN) to Buy from Neutral with a price target of $250, arguing that the recent 25% decline in shares is an overreaction to anticipated revenue challenges in the automotive sector in early 2026 [2]. - Morgan Stanley upgraded Vertex Pharmaceuticals (VRTX) to Overweight from Equal Weight with a price target of $516, up from $438, reflecting a more optimistic view on the company's kidney franchise pipeline [2]. - William Blair upgraded Driven Brands (DRVN) to Outperform from Market Perform after positive management meetings, indicating improved confidence in the company's leadership stability [2].
Where Food Comes From Partners with Pangea to Empower American Beef Producers Through CARE Certified Sustainable Leather
Globenewswire· 2025-12-03 14:00
CASTLE ROCK, Colo., Dec. 03, 2025 (GLOBE NEWSWIRE) -- Where Food Comes From, Inc. (WFCF) (Nasdaq: WFCF), the most trusted resource for independent, third-party verification of food production practices in North America, proudly announces a groundbreaking collaboration with Pangea, a global supplier of premium automotive leather, as well as Prime Pursuits and Walmart. Together, all are committed to enhancing transparency within supply chains by introducing CARE Certified sustainable leather to automotive bra ...