Shares of Luminar Technologies Inc. traded 11.5% higher after the company reported it formed a collaborative partnership to integrate its enhanced safety and autonomy technology in the production of Mercedes-Benz passenger vehicles.
Shares of Activision Blizzard Inc. traded 26% higher after the developer and publisher of World of Warcraft® and Call of Duty® reported it agreed to be acquired by Microsoft Inc. for $95 per share in cash.
After semiconductor sales shattered records in 2021 amid an ongoing supply shortage, chip manufacturers are forecasting another year of growth in 2022. An overwhelming digital transformation is expected to ramp up this year across multiple industries, which could subsequently bring over half a trillion dollars to the semiconductor industry, writes McAlinden Research Partners.
In this Dec. 15 episode of Streetwise Live! viewers learned about Datable Technology, what it does, why it is a compelling story and why two former Disney executives invested in it. They, Mike Ridgewell and Marc Reintjes, were on the panel along with Datable Chairman Kim Oishi and eResearch analyst Chris Thompson.
CMC Materials Inc. shares traded 33% higher after the semiconductor materials company reported it agreed to be acquired by Entegris Inc. in a combination cash and stock deal valued at approximately $6.5 billion.
Vancouver-based software and technology company Datable Technology Corp. is helping consumer packaged goods companies collect data from consumers who opt-in to their apps, promotions, contests and loyalty programs. eResearch Corp. indicated that it is initiating coverage of the company with a "Speculative Buy" rating as it is now in the midst of a rapid revenue growth cycle.
Shares of global cloud infrastructure and enterprise software firm Oracle Corp. traded 16% higher after the company reported Q2/22 financial results that exceeded prior revenue guidance and non-GAAP earnings estimates.
Digital Prime Technologies reported that an affiliate of Cowen Inc. has completed a strategic investment in the company. Cowen plans to use Digital Prime's software to expand its prime brokerage capabilities in the digital asset sector to meet the rising demand from institutional clients.
Gaming is an estimated $192 billion market, and it is forecasted to grow to almost $400 billion by 2026. Sophic Capital makes the case that telcos need to evolve from being utilities to offering gaming services to attract and keep Gen-Z subscribers.
In a recent conversation with Streetwise Reports, David Lucatch, CEO and president of Liquid Avatar, talked about the company's multifaceted approach to bringing blockchain technology to people's everyday experiences and transactions.
Shares of Aspen Aerogels Inc. reached a new 52-week high after the company reported Q3/21 financial results that included a 26% increase in YoY revenues. The firm raised its FY/21 revenue estimates by greater than $10 million and said it is beefing up planned investments during Q4/21 to position it for even stronger revenue growth and profitability in future years.