The Nasdaq Composite is up 32.3% this year, while the ARK Innovation ETF has returned 20.2%. Source link
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Steven Amaya, Chief Accounting Officer of TaskUs, Inc. (NASDAQ:TASK), a $1.53 billion market cap company with a “GREAT” InvestingPro Financial Health score, recently executed a series of stock transactions, according to a filing with the Securities and Exchange Commission. On December 13 and 16, Amaya sold a total of 78,179 shares of TaskUs’ Class A Common Stock, amounting to approximately $1.42 million. The shares were sold at prices ranging from $17.13 to $18.17 per share, amid the stock’s impressive 34% gain over the past six months and strong liquidity position with a current ratio of 3.02. In addition to the…
INDIANAPOLIS – Eli Lilly and Company (NYSE: NYSE:), a pharmaceutical giant with a market capitalization of over $700 billion and impressive gross profit margins of nearly 81%, has received approval from China’s National Medical (TASE:) Products Administration (NMPA) for Kisunla™ (donanemab-azbt), marking it as the fourth major market endorsement following the United States, Japan, and Great Britain. According to InvestingPro data, Lilly maintains a GOOD financial health score, positioning it strongly for this expansion. Kisunla is designed to treat adults with early symptomatic Alzheimer’s disease, including those with mild cognitive impairment (MCI) and mild dementia stages who have confirmed amyloid…
A woman looks over her finances. An annual survey conducted by TIAA Institute and the Global Financial Literacy Excellence Center (GFLEC) at the George Washington University School of Business found that adults could correctly answer only one-half of the questions, on average, a troubling figure that has remained stagnant over time. Despite the vast depth of information and education available today, financial literacy isn’t improving among adults in the U.S. A financial advisor can help you improve your financial literacy to better understand your money. On average, American adults correctly answered only 50% of the questions in the 2022 Personal Finance Index,…
Stocks fell Tuesday as investors prepped for the start of the Fed’s last policy meeting of the year. Expectations are high for a quarter-point rate cut at the conclusion of the meeting on Wednesday. November retail sales came in strong on Tuesday, pushing rate-cut odds slightly lower. US stocks dropped on Tuesday as investors braced for the Federal Reserve’s last policy decision of the year. The Fed’s two-day meeting starts Tuesday, with markets strongly convinced it will deliver 2024’s final interest rate cut on Wednesday. The CME FedWatch Tool shows the odds of a 25 basis point cut stand at…
https://www.tipranks.com/news/company-announcements/sealsq-corp-announces-issuance-of-7-7-million-ordinary-shares SEALSQ Corp ( (LAES) ) just unveiled an update. SEALSQ Corp is undertaking an offering of 7,692,308 ordinary shares, facilitated through a Registration Statement filed with the U.S. Securities and Exchange Commission. This legal opinion from Harney Westwood & Riegels confirms that the issuance of these shares has been duly authorized under British Virgin Islands law, ensuring they will be validly issued, fully paid, and non-assessable once allocated. This development is pivotal for SEALSQ Corp as it enhances their capital structure without imposing further financial obligations on shareholders, potentially strengthening their market position. More about SEALSQ Corp YTD Price…
New York, New York–(Newsfile Corp. – December 17, 2024) – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Customers Bancorp, Inc. (NYSE: NYSE:) between March 1, 2024 and August 8, 2024, both dates inclusive (the “Class Period”), of the January 31, 2025 lead plaintiff deadline in the securities class action first filed by the Firm. SO WHAT: If you purchased Customers Bancorp securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To…
In an aerial view, brand new Honda cars are displayed on the sales lot at Honda Marin on February 06, 2024 in San Rafael, California. Honda announced the recall of 750,000 vehicles in the U.S. for an air bag defect that could unintentionally deploy the air bags in a collision. Justin Sullivan | Getty ImagesNissan Motor shares surged Wednesday following a media report that the Japanese automaker is looking to merge with Honda.Nissan shares were last trading up 20%, while Honda shares slipped 2%.Honda and Nissan are considering operating under a holding company, and soon will sign a memorandum of understanding,…
Anand Buch, Chief Strategy Officer of Crexendo , Inc. (NASDAQ:), recently sold 159,999 shares of the company’s common stock, valued at approximately $783,995. The shares were sold at a price of $4.90 each on December 16, 2024. The transaction comes amid a strong performance period for Crexendo, with the stock posting a remarkable 61% gain over the past six months. According to InvestingPro analysis, the company currently trades at a P/E ratio of 114.5x. Following this transaction, Buch holds 553,502 shares directly. In addition to the sale, Buch exercised stock options to acquire 159,999 shares at a price of $0.91…
More than 1,100 homes at Fort Liberty — in the neighborhoods of Ardennes, Bataan, Casablanca, Corregidor and Hammond Hills and at the Pope and Randolph Pointe duplexes — will receive $91 million in renovations.“The additional funding for privatized housing on Fort Liberty will help Corivas address some needed repairs and preventative maintenance concerns,” Col. K. Chad Mixon, Fort Liberty garrison commander, said in an announcement Tuesday issued by Corvias. “Soldiers and their families deserve the best we can provide and we look forward to working with our Corvias partners to ensure their housing needs are a top priority.”The release said Corvias secured…