BELLEVUE, WA—LogicMark, Inc. (NASDAQ:LGMK) has recently seen significant stock purchases by one of its major shareholders, Winvest Investment Fund Management Corp. According to a recent filing, Winvest acquired a total of 3,468,987 shares over the course of several transactions from October 9 to October 16, 2024. These purchases were made at prices ranging from $0.0849 to $0.1047 per share, amounting to a total investment of approximately $306,879. Winvest, which is led by CEO Jourdan Matthews, now holds a substantial stake in LogicMark, with direct ownership of over 4 million shares following these transactions. The purchases reflect Winvest’s continued investment in…
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Slaven Vlasic/Getty Images for The New York Times; Chelsea Jia Feng/BIBank of America analysts raised their price target for Nvidia stock to $190 a share this week.They see the AI market growing to $400 billion, giving Nvidia a “generational opportunity.”They point to Nvidia’s strong lead among competitors, helped by its enterprise partnerships.Nvidia stock has been on a tear all year, but investors can brace for even more gains ahead, Bank of America analysts say.In a Thursday note, the analysts raised their price objective on the stock from $165 to $190. That implies a 38% upside from its price of about…
Image source: The Motley Fool It’s not often we’d utter Warren Buffett and Scottish Mortgage Investment Trust in the same breath. After all, the first is a blue-blooded value investor, while the latter mainly invests in tech innovators. Yet the portfolios of both Berkshire Hathaway, Buffett’s giant holding company, and the FTSE 100 growth-focused trust have one stock in common: Nu Holdings (NYSE: NU). Oh, and Cathie Wood of Ark Invest also loves this under-the-radar company! What do these top investors see in Nu Holdings stock? And at $14, should I also invest? What is it? Nubank (owned by Nu…
WARREN, N.J., Oct. 18, 2024 (GLOBE NEWSWIRE) — Tevogen Bio (Tevogen or Tevogen Bio Holdings Inc.) (Nasdaq: TVGN) is a clinical-stage specialty immunotherapy biotech developing off-the-shelf, genetically unmodified T cell therapeutics to treat infectious disease and cancers. Since being founded in 2020, Tevogen Bio has taken a unique approach to both drug development and managing its business operations. The company launched is proprietary ExacTcell™ technology, designed to create accessible and disease-specific cellular immunotherapies. Tevogen Bio received 3 U.S. patents, with an additional 9 patents pending, including 2 for Artificial Intelligence, and has filed 12 international applications. Additionally, the company reported…
As Beijing strives to revive its economy with a slew of stimulus measures, private and foreign entrepreneurs remain cautious about their investment strategy in China, calling policies too narrow and insufficient to revive confidence amid economic headwinds.Private investors and international exporters said they were holding off on new investments or shifting focus overseas, pressing for more “tangible” and “broader-based” actions.“The Chinese government needs to take more tangible and comprehensive actions, rather than simply offering financial adjustments, which are often more notional than practical,” said Deepak Khanna, vice-president for the Asia-Pacific region at Indian home appliances company Usha International.But while reiterating…
Weather forecasters, Federal Emergency Management Agency employees, the National Guard and other U.S military personnel, state and local officials, first responders and those providing emergency services before, during and after Hurricanes Helene and Milton offer guidance and support in times of intense fear and loss. Utility linemen driving towards the storms to position themselves to immediately remove downed trees and restore electricity inspire awe. Volunteers and neighbors helping neighbors represent the best of us. These scenes offer glimmers of hope and resilience as we mourn lives lost and property and businesses devastated. When first responders and others are putting their…
By Dave Sherwood and Marianna Parraga HAVANA (Reuters) -Cuba restored a trickle of power to its grid by mid-evening on Friday, officials said, hours after the island plunged into a countrywide blackout following the collapse of one of its major power plants. The vast majority of the country’s 10 million residents were still in the dark on Friday night, but scattered pockets of the capital Havana, including some of the city’s major hospitals, saw lights flicker back on shortly after dark. Grid operator UNE said it hoped to restart at least five of its oil-fired generation plants overnight, providing enough…
(Bloomberg) — Warren Buffett is amplifying his bet on Sirius XM Holdings Inc., as Berkshire Hathaway Inc. keeps adding more shares of the radio broadcasting firm to its portfolio.Most Read from BloombergThe conglomerate has acquired $42 million worth of shares in the three days through Friday, regulatory filings show.Berkshire Hathaway now has a stake of about 32.5% in Sirius XM’s publicly traded stock, having become the top holder last month. That change came as billionaire John Malone’s Liberty Media split off its 83% stake and combined it with its separate tracking shares in the broadcaster.Bershire added more of the stock…
Marquee at the main entrance to BlackRock headquarters building in Manhattan.Erik Mcgregor | Lightrocket | Getty ImagesSALT LAKE CITY — A year ago, Samara Cohen believed there was so much pent-up demand for bitcoin that she and her team at BlackRock launched one of the first-ever spot bitcoin exchange-traded products in the U.S. Now investors are flocking in, and a lot of them are crypto enthusiasts who are new to Wall Street.Cohen, who heads up the asset manager’s exchange-traded funds and index investments as chief investment officer, told CNBC that BlackRock now sees the demand was for a better way…
Insight Holdings Group, LLC, a significant stakeholder in nCino, Inc. (NASDAQ:NCNO), has disclosed the sale of shares amounting to approximately $12.1 million. The transactions, executed on October 16 and 17, involved selling a total of 312,072 shares of nCino’s common stock. The shares were sold at prices ranging from $36.0204 to $36.1597. Following these sales, Insight Holdings and its affiliates still hold a substantial number of shares in the company. These transactions were made under a pre-established trading plan. In other recent news, nCino, Inc. has made significant strides in its operations, with a focus on enhancing operational efficiency and…