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Month: November 2020

BITF stock

China Automotive Systems (CAAS) Soars on Increased Sales ofsteering units

CAAS has shipped around 120K steering units for the different electric vehicle models and expects the tally to reach 140K by the end of 2020. The leading supplier of power steering components in China is improving its sales as it expects the year to end at 140,000 sales of its steering units. China Automotive Systems, …

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BMRA Stock

Twitter Inc. (TWTR) halts Thai royalist account related to influence campaign

A Thai pro-royalist account connected to the palace was suspended by Twitter Inc. (TWTR), which was found to be affiliated to thousands of others created in recent weeks, sharing messages in support of King Maha Vajiralongkorn and the monarchy. It was found tens of thousands of tweets that seemed to be from accounts exacerbating royalist …

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PHCF Stock

SuRo Capital Corp.(SSSS) revealed details about investing in Palantir Technologies, (PLTR)

To provide additional clarification about its current investment in Palantir Technologies, Inc., SuRo Capital Corp. (Nasdaq: SSSS) released the following statement: “We own Palantir’s 4,618,952 limited common shares. Mark Klein, President and Chief Executive Officer of SuRo Capital, said that this is in line with the Palantir lock-up deal, representing 80 percent of our pre-IPO …

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NRG Stock

Smartphones were used for Thanksgiving Day sales smashing all records

During the coronavirus pandemic, some shoppers may have opted to avoid shops, but they still put several products into the virtual shopping cart. According to Adobe Analytics numbers, Thanksgiving Day spending increased by 21.5 percent year over year to $5.1 billion, setting a new high. Internet transactions on Thanksgiving Day 2019 were $4.2 billion. The …

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APLS Stock

Qantas announced 2nd huge layoffs plan this year

In an attempt to limit its financial losses, Qantas will outsource more than 2,000 ground staff roles. The job losses come on top of 6,000 layoffsitrevealed earlier this year by Australia’s flagship carrier. Due to Covid-19 and border constraints, Qantas announced a $2bn loss in August.Unfortunately, the domestic and international chief executive of the airline, …

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EAT stock

Aurora Mobile Limited (JG) agreed to deal with China United Network Communications Ltd.

Aurora Mobile Limited (NASDAQ: JG), China’s leading mobile development service provider, recently announced that with China United Network Communications Limited Beijing Branch, it has entered into a 5G strategic partnership framework agreement and a 5G messaging link test agreement. The two landmark agreements make Aurora Mobile Beijing Unicom’s 5G strategic partner and 5G messaging partner, …

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TTOO stock

Allot Ltd. (ALLT), says 68 percent of customers will swap telecoms for improved cybersecurity

Allot Ltd. (NASDAQ: ALLT), a leading global supplier of advanced communication service provider (CSP) and business network analytics and security-as-a-service technologies, has today announced conclusions from its Global Customer Security Study. The key study report indicates that CSPs are well placed to seize a clearly identified demand by addressing the unmet need of their consumers …

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SNGX stock

35 stocks making the biggest moves premarket today

<strong>FuelCell Energy Inc. (FCEL)</strong> stock soared 4.75% to $10.15 in the pre-market trading. The most recent rating by JP Morgan, on November 19, 2020, is a Neutral. <strong>SCWorx Corp. (NASDAQ: WORX)</strong> shares are trading down -6.76% at $2.07 at the time of writing. Company’s 52-week ranged between $1.00 to $14.88. <strong>Nano Dimension Ltd. (NNDM)</strong> lost …

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