( MENAFN - GlobeNewsWire - Nasdaq) VANCOUVER, British Columbia, Dec. 23, 2024 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB: DMGGF) (FRANKFURT: 6AX) ("DMG" or the "Company"), a vertically integrated blockchain and data center technology company, announces the issuance of US Patent No. 12,067,572 for Cryptographic Taint Tracking. This patent, issued by the US Patent and Trademark Office, is a continuation of the previously issued U.S. Patent No. 11,257,089. The original patent laid the foundation for a method to detect and track tainted cryptographic wallets, supporting efforts to combat money laundering and fraud. This new patent builds on the innovative technology behind Blockseer's wallet risk scoring method, which reinforces DMG's clean-block mining initiative and its use in mining pools. The patented methods enable real-time identification and monitoring of wallets linked to nefarious activities, enhancing compliance and supporting law enforcement in their mission to safeguard blockchain networks. Key Features of Cryptographic Taint Tracking (Patent 12,067,572): DMG's CEO, Sheldon Bennett commented,“By advancing a novel methodology to detect and prevent suspicious activity in real-time, we're enhancing the trust and safety of the blockchain. This is a notable step forward to enable custody providers and exchanges to ensure regulatory compliance. As we look forward with our Systemic Trust custody subsidiary and Terra Pool as the key enabling elements of our carbon neutral Bitcoin ecosystem, compliance technology, such as what is being enabled by our patent, is core to ensuring that bad actors are prevented from tainting our ecosystem.” Grant of Stock Options and RSUs In addition, DMG announces the granting of stock options and RSUs to employees and directors of the company. A total of 424,680 stock options ("Options") and 2,050,000 restricted stock units ("RSUs") have been granted. The Options are exercisable over five years at a price of $0.38 per share, with vesting in 25% increments on the six-, 12-, 18-, and 24-month anniversaries of the grant date. The RSUs vest in one year; these grants are designed to create an incentive structure that aligns longer-term performance with the Company's growth. About Systemic Trust Company Ltd. Systemic Trust Company is a special purpose trust company incorporated under the Loan and Trust Corporations Act (Alberta). When STC receives its registration and regulatory approval for operations, it will operate as a standalone, independently capitalized, prudently managed trust company and Qualified Custodian offering digital asset custody services for institutional clients. About Terra Pool Terra Pool is the world's first carbon neutral Bitcoin mining pool, designed to reward miners with carbon neutral bitcoin. It plays a crucial role in advancing a carbon neutral Bitcoin ecosystem. When integrated with DMG's subsidiary, Systemic Trust, a digital asset custodian, financial institutions and content creators will gain the ability to send Bitcoin in a carbon neutral and regulatory-compliant manner. About DMG Blockchain Solutions Inc. DMG is a publicly traded and vertically integrated blockchain and data center technology company that manages, operates and develops end-to-end digital solutions to monetize the digital asset and artificial intelligence compute ecosystems. DMG's sustainable businesses are segmented into two business lines under the Core and Core+ strategies and unified through DMG's vertical integration. For more information on DMG Blockchain Solutions visit: Follow @dmgblockchain on X, LinkedIn, Facebook and subscribe to DMG's YouTube channel. For further information, please contact: On behalf of the Board of Directors, Sheldon Bennett, CEO & Director Tel: +1 (778) 300-5406 Email: ... Web: For Investor Relations: ... For Media Inquiries: Chantelle Borrelli Head of Communications ... Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. Cautionary Note Regarding Forward-Looking Information This news release contains forward-looking information or statements based on current expectations. Forward-looking statements contained in this news release include statements regarding DMG's strategies and plans, the development of Systemic Trust, improving fleet efficiency and continuing to execute on Core+ software initiatives, onboarding of new clients to Terra Pool, the opportunity and plans to monetize bitcoin transactions, the continued investment in Bitcoin network software infrastructure and applications, developing and executing on the Company's products and services, increasing self-mining, efforts to improve the operation of its mining fleet, the launch of products and services, events, courses of action, and the potential of the Company's technology and operations, among others, are all forward-looking information. Future changes in the Bitcoin network-wide mining difficulty rate or Bitcoin hashrate may materially affect the future performance of DMG's production of bitcoin, and future operating results could also be materially affected by the price of bitcoin and an increase in hashrate mining difficulty. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, market and other conditions, volatility in the trading price of the common shares of the Company, business, economic and capital market conditions; the ability to manage operating expenses, which may adversely affect the Company's financial condition; the ability to remain competitive as other better financed competitors develop and release competitive products; regulatory uncertainties; access to equipment; market conditions and the demand and pricing for products; the demand and pricing of bitcoin; security threats, including a loss/theft of DMG's bitcoin; DMG's relationships with its customers, distributors and business partners; the inability to add more power to DMG's facilities; DMG's ability to successfully define, design and release new products in a timely manner that meet customers' needs; the ability to attract, retain and motivate qualified personnel; competition in the industry; the impact of technology changes on the products and industry; failure to develop new and innovative products; the ability to successfully maintain and enforce our intellectual property rights and defend third-party claims of infringement of their intellectual property rights; the impact of intellectual property litigation that could materially and adversely affect the business; the ability to manage working capital; and the dependence on key personnel. DMG may not actually achieve its plans, projections, or expectations. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the demand for its products, the ability to successfully develop software, that there will be no regulation or law that will prevent the Company from operating its business, anticipated costs, the ability to secure sufficient capital to complete its business plans, the ability to achieve goals and the price of bitcoin. Given these risks, uncertainties, and assumptions, you should not place undue reliance on these forward-looking statements. The securities of DMG are considered highly speculative due to the nature of DMG's business. For further information concerning these and other risks and uncertainties, refer to the Company's filings on In addition, DMG's past financial performance may not be a reliable indicator of future performance. Factors that could cause actual results to differ materially from those in forward-looking statements include, failure to obtain regulatory approval, the continued availability of capital and financing, equipment failures, lack of supply of equipment, power and infrastructure, failure to obtain any permits required to operate the business, the impact of technology changes on the industry, the impact of viruses and diseases on the Company's ability to operate, secure equipment, and hire personnel, competition, security threats including stolen bitcoin from DMG or its customers, consumer sentiment towards DMG's products, services and blockchain technology generally, failure to develop new and innovative products, litigation, adverse weather or climate events, increase in operating costs, increase in equipment and labor costs, equipment failures, decrease in the price of Bitcoin, failure of counterparties to perform their contractual obligations, government regulations, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information. The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of or statements made by third parties in respect of the matters discussed above. MENAFN23122024004107003653ID1109025556 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.Global Garment Inventory Software Market Size, Share and Forecast By Key Players-Fishbowl, Oracle Corporation, Priority Software, Prodsmart, Deskera 12-27-2024 07:05 PM CET | Advertising, Media Consulting, Marketing Research Press release from: Market Research Intellect Garment Inventory Software Market USA, New Jersey- According to the Market Research Intellect, the global Garment Inventory Software market is projected to grow at a robust compound annual growth rate (CAGR) of 8.98% from 2024 to 2031. Starting with a valuation of 13.63 Billion in 2024, the market is expected to reach approximately 22.83 Billion by 2031, driven by factors such as Garment Inventory Software and Garment Inventory Software. This significant growth underscores the expanding demand for Garment Inventory Software across various sectors. The garment inventory software market is experiencing rapid growth as the fashion industry increasingly embraces digital tools to streamline operations and manage inventory more efficiently. With the rise of e-commerce and the need for faster production cycles, companies are adopting advanced inventory management solutions that offer real-time tracking, demand forecasting, and stock optimization. This software aids in reducing overstocking, minimizing shortages, and enhancing supply chain visibility, ensuring timely product deliveries. The integration of artificial intelligence and cloud technology further strengthens these platforms, offering improved data accuracy and accessibility. As businesses in the garment industry focus on operational efficiency and customer satisfaction, the demand for innovative garment inventory software is expected to continue expanding, helping companies better manage their inventory and adapt to market trends. The dynamics of the garment inventory software market are shaped by several key factors, including advancements in technology, supply chain complexities, and consumer demands. As the garment industry moves toward faster, on-demand production models, there is a growing need for software that can manage inventory in real-time and provide accurate insights into demand patterns. The integration of AI, machine learning, and IoT has enhanced inventory forecasting and decision-making, enabling businesses to optimize stock levels and reduce waste. Additionally, the growing importance of sustainability and cost-efficiency in the fashion sector is driving the adoption of software solutions that offer better inventory control and resource management. The shift to omnichannel retailing and increased e-commerce activities also contribute to the evolving demand for advanced garment inventory management tools. Request PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @ https://www.marketresearchintellect.com/download-sample/?rid=1890090&utm_source=OpenPr&utm_medium=047 Key Drivers: The growth of the Garment Inventory Software market is driven by several key factors. Technological advancements in Garment Inventory Software have enabled greater efficiency and enhanced capabilities, spurring adoption across industries. Additionally, the rising demand for sustainable and eco-friendly solutions is pushing companies to innovate and adopt greener practices. Expanding applications in sectors like Garment Inventory Software and Garment Inventory Software are further contributing to market demand, as these industries seek advanced solutions to streamline operations and enhance product quality. Favorable government policies and incentives in regions such as North America, Europe, and Asia-Pacific support investment and growth. Moreover, an increasing focus on Garment Inventory Software for improving operational efficiency and cost-effectiveness is encouraging businesses to embrace new technologies, fostering sustained market expansion. Mergers and Acquisitions Mergers and acquisitions (M&A) play a pivotal role in the Garment Inventory Software market, as companies look to expand their capabilities, access new technologies, and strengthen market presence. Leading players engage in strategic acquisitions to consolidate their position and gain a competitive edge. These transactions often facilitate the integration of advanced Garment Inventory Software solutions, helping firms broaden their product portfolios and meet growing customer demands. Additionally, M&A activities support companies in achieving economies of scale and penetrating new regional markets, particularly in high-growth areas like Asia-Pacific. Through such strategic alliances, businesses aim to accelerate innovation, enhance operational efficiency, and address evolving market challenges, ultimately driving the overall growth of the Garment Inventory Software market. Get a Discount On The Purchase Of This Report @ https://www.marketresearchintellect.com/ask-for-discount/?rid=1890090&utm_source=OpenPr&utm_medium=047 The following Key Segments Are Covered in Our Report By Type Cloud-based On-premises By Application Small and Medium Enterprises (SMEs) Large Enterprises Major companies in Garment Inventory Software Market are: Fishbowl, Oracle Corporation, Priority Software, Prodsmart, Deskera, Royal 4 Systems, Sage Group, MRPeasy, Acumatica Global Garment Inventory Software Market -Regional Analysis North America: North America is expected to hold a significant share of the Garment Inventory Software market due to advanced technological infrastructure and the presence of major market players. High demand across sectors like Garment Inventory Software and Garment Inventory Software is driving growth, with the U.S. being a key contributor. Additionally, ongoing investments in R&D and innovation reinforce the region's strong market position. Europe: Europe is projected to experience steady growth, driven by stringent regulatory standards and a rising focus on sustainability in Garment Inventory Software practices. Countries like Germany, France, and the UK are leading due to their advanced industrial base and supportive government policies. The demand for eco-friendly and efficient Garment Inventory Software solutions is expected to continue fostering market expansion. Asia-Pacific: Asia-Pacific is anticipated to be the fastest-growing region, fueled by rapid industrialization and urbanization. Countries such as China, India, and Japan are driving demand due to expanding consumer bases and increasing investments in infrastructure. The region's robust manufacturing sector and favorable economic policies further enhance growth opportunities in the Garment Inventory Software market. Latin America: Latin America and the Middle East & Africa are expected to show moderate growth in the Garment Inventory Software market. In Latin America, growth is supported by rising industrial activities in countries like Brazil and Mexico. Meanwhile, in the Middle East & Africa, infrastructure development and an increasing focus on innovation in sectors like Garment Inventory Software are key drivers of market expansion. Middle East and Africa: The Middle East and Africa represent emerging markets in the global Garment Inventory Software market, with countries like UAE, Saudi Arabia, South Africa, and Nigeria showing promising growth potential. Economic diversification efforts, urbanization, and a young population are driving demand for Garment Inventory Software products and services in the region. Frequently Asked Questions (FAQ) 1. What is the current size of the Garment Inventory Software market? Answer: The Garment Inventory Software market was valued at approximately 13.63 Billion in 2024, with projections suggesting it will reach 22.83 Billion by 2031, growing at a CAGR of 8.98%. 2. What factors are driving the growth of the Garment Inventory Software market? Answer: The market's expansion is attributed to several factors, including increased demand for Garment Inventory Software, advancements in Garment Inventory Software technology, and the adoption of Garment Inventory Software across various sectors. 3. Which regions are expected to dominate the Garment Inventory Software market? Answer: Regions such as North America, Europe, and Asia-Pacific are anticipated to lead due to the presence of major industry players and growing investments in Garment Inventory Software. 4. Who are the key players in the Garment Inventory Software market? Answer: Prominent companies in the Garment Inventory Software market include Garment Inventory Software, Garment Inventory Software, and Garment Inventory Software, each contributing to market growth through innovations and strategic partnerships. 5. What challenges does the Garment Inventory Software market face? Answer: The market faces challenges such as Garment Inventory Software, regulatory compliance, and competition from alternative solutions. However, ongoing advancements aim to address these issues. 6. What are the future trends in the Garment Inventory Software market? Emerging trends include the integration of Garment Inventory Software technology, sustainability practices, and digital transformation in processes, all expected to shape the market's future. 7. How can businesses benefit from the Garment Inventory Software market? Answer: Businesses can leverage growth opportunities in the Garment Inventory Software market by adopting new solutions, enhancing operational efficiency, and expanding their offerings to meet evolving consumer demands. 8. Why invest in a Garment Inventory Software market report from MRI? Answer: MRI's report provides in-depth analysis, future projections, and key insights to support strategic decision-making, enabling businesses to stay competitive and capitalize on growth trends in the Garment Inventory Software market. For More Information or Query, Visit @ https://www.marketresearchintellect.com/product/global-garment-inventory-software-market-size-and-forecast/?utm_source=OpenPr&utm_medium=047 https://github.com/Sumit231998/MRI2/blob/main/Microsuspension-Polyvinyl-Chloride%C3%82%C2%A0-Market-Size-And-Forecast%3A-Detailed-Analysis-of-Regional-and-Global-Market-Trends.md https://github.com/Sumit231998/MRI2/blob/main/OLED-Anode-Material-Market-Size-And-Forecast%3A-Exploring-Growth-Prospects-and-Competitive-Landscape.md https://github.com/Sumit231998/MRI2/blob/main/Operation-Theatre-Light-Market-Size-And-Forecast%3A-Exploring-Growth-Prospects-and-Competitive-Landscape.md https://github.com/Sumit231998/MRI2/blob/main/Organic-Rose-Geranium-Essential-Oil-Market-Size-And-Forecast%3A-Trends%2C-Insights%2C-and-Growth-Projections-for-2024-2031.md https://github.com/Sumit231998/MRI2/blob/main/Outdoor-Hard-Coolers-Market-Size-And-Forecast%3A-Exploring-Growth-Prospects-and-Competitive-Landscape.md 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https://github.com/Sumit231998/MRI3/blob/main/Impact-Investing-Market-Size-And-Forecast%3A-Industry-Overview-and-Future-Outlook.md https://github.com/Sumit231998/MRI3/blob/main/Inorganic-Microporous-Ceramic-Membrane-Market-Size-And-Forecast%3A-Industry-Overview-and-Future-Outlook.md https://github.com/Sumit231998/MRI3/blob/main/Leather-Cleaners-and-Conditioners-Market-Size-And-Forecast%3A-Industry-Overview-and-Future-Outlook.md https://github.com/Sumit231998/MRI3/blob/main/Liquid-Penetrant-Inspection(LPI)-Market-Size-And-Forecast%3A-Impact-of-Technology-and-Innovation-on-Market-Development.md https://github.com/Sumit231998/MRI3/blob/main/Management-System-for-Healthcare-Facilities-Market-Size-And-Forecast%3A-Industry-Overview-and-Future-Outlook.md https://github.com/Sumit231998/MRI3/blob/main/Marine-Reinsurance-Market-Size-And-Forecast%3A-Industry-Overview-and-Future-Outlook.md https://github.com/Sumit231998/MRI3/blob/main/Mechanically-Bolted-Rebar-Coupler-Market-Size-And-Forecast%3A-Impact-of-Technology-and-Innovation-on-Market-Development.md https://github.com/Sumit231998/MRI3/blob/main/Medical-Disinfection-Machine-Market-Size-And-Forecast%3A-Impact-of-Technology-and-Innovation-on-Market-Development.md https://github.com/Sumit231998/MRI3/blob/main/Medical-Informatization-Market-Size-And-Forecast%3A-Industry-Overview-and-Future-Outlook.md https://github.com/Sumit231998/MRI3/blob/main/Medical-Radiation-Shielding-Products-Market-Size-And-Forecast%3A-Industry-Overview-and-Future-Outlook.md https://github.com/Sumit231998/MRI3/blob/main/Metal-Neurovascular-Stent-Market-Size-And-Forecast%3A-Industry-Overview-and-Future-Outlook.md https://github.com/Sumit231998/MRI3/blob/main/Optical-Grade-Niobium-Oxide--Market-Size-And-Forecast%3A-Impact-of-Technology-and-Innovation-on-Market-Development.md https://github.com/Sumit231998/MRI3/blob/main/Perflubron-Market-Size-And-Forecast%3A-Impact-of-Technology-and-Innovation-on-Market-Development.md https://github.com/Sumit231998/MRI3/blob/main/Perishable-Logistics-Solutions-Market-Size-And-Forecast%3A-Impact-of-Technology-and-Innovation-on-Market-Development.md https://github.com/Sumit231998/MRI3/blob/main/Photovoltaic-Conductive-Paste-Market-Size-And-Forecast%3A-Key-Drivers-and-Challenges-Shaping-Future-Growth.md https://github.com/Sumit231998/MRI3/blob/main/Polydimethylsiloxane-(PDMS)-in-Cosmetics-Market-Size-And-Forecast%3A-Industry-Overview-and-Future-Outlook.md https://github.com/Sumit231998/MRI3/blob/main/Polyolefin-Adhesive-Market-Size-And-Forecast%3A-Industry-Overview-and-Future-Outlook.md https://github.com/Sumit231998/MRI3/blob/main/Polyquaternium-44-Market-Size-And-Forecast%3A-Impact-of-Technology-and-Innovation-on-Market-Development.md https://github.com/Sumit231998/MRI3/blob/main/Rotational-Molding-Machines-Market-Size-And-Forecast%3A-Industry-Overview-and-Future-Outlook.md https://github.com/Sumit231998/MRI3/blob/main/Seamless-Carbon-Steel-Pipe-Market-Size-And-Forecast%3A-Impact-of-Technology-and-Innovation-on-Market-Development.md https://github.com/Sumit231998/MRI3/blob/main/Smart-Clothing-and-Textile-Technologies-and-Applications-Market-Size-And-Forecast%3A-Industry-Overview-and-Future-Outlook.md https://github.com/Sumit231998/MRI3/blob/main/Software-Defined-Wide-Area-Network-(SD-WAN)-For-Government-Market-Size-And-Forecast%3A-Impact-of-Technology-and-Innovation-on-Market-Development.md https://github.com/Sumit231998/MRI3/blob/main/Spent-Nuclear-Fuel-Dry-Storage-Cask-Market-Size-And-Forecast%3A-Industry-Overview-and-Future-Outlook.md https://github.com/Sumit231998/MRI3/blob/main/Subhealth-Assessment-and-Intervention-Market-Size-And-Forecast%3A-Industry-Overview-and-Future-Outlook.md https://github.com/Sumit231998/MRI3/blob/main/Sustainable-Carbon-Black-(sCB)-Market-Size-And-Forecast%3A-Key-Drivers-and-Challenges-Shaping-Future-Growth.md https://github.com/Sumit231998/MRI3/blob/main/Vehicle-Flexible-Lighting-Market-Size-And-Forecast%3A-Impact-of-Technology-and-Innovation-on-Market-Development.md https://github.com/Sumit231998/MRI3/blob/main/Video-Teller-Machine(VTM)-Market-Size-And-Forecast%3A-Industry-Overview-and-Future-Outlook.md https://github.com/Sumit231998/MRI3/blob/main/Voice-over-5G-(Vo5G)-Market-Size-And-Forecast%3A-Impact-of-Technology-and-Innovation-on-Market-Development.md About Us: Market Research Intellect Market Research Intellect is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions. Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research. Our research spans a multitude of industries including Energy, Technology, Manufacturing and Construction, Chemicals and Materials, Food and Beverages, etc. Having serviced many Fortune 2000 organizations, we bring a rich and reliable experience that covers all kinds of research needs. For inquiries, Contact Us at: Mr. Edwyne Fernandes Market Research Intellect APAC: +61 485 860 968 EU: +44 788 886 6344 US: +1 743 222 5439 This release was published on openPR.
Exagen Inc. ( NASDAQ:XGN – Get Free Report ) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 78,100 shares, an increase of 36.5% from the November 30th total of 57,200 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average daily volume of 82,200 shares, the days-to-cover ratio is presently 1.0 days. Exagen Price Performance Shares of Exagen stock opened at $4.71 on Friday. The firm has a fifty day moving average price of $3.84 and a two-hundred day moving average price of $2.98. The company has a market cap of $83.07 million, a PE ratio of -5.01 and a beta of 1.49. The company has a debt-to-equity ratio of 1.54, a current ratio of 4.05 and a quick ratio of 4.05. Exagen has a fifty-two week low of $1.30 and a fifty-two week high of $6.22. Exagen ( NASDAQ:XGN – Get Free Report ) last issued its quarterly earnings results on Tuesday, November 12th. The company reported ($0.28) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.30) by $0.02. Exagen had a negative return on equity of 92.58% and a negative net margin of 30.36%. The firm had revenue of $12.51 million for the quarter, compared to analyst estimates of $13.55 million. During the same period in the previous year, the company posted ($0.31) earnings per share. Analysts expect that Exagen will post -0.87 EPS for the current year. Wall Street Analyst Weigh In Read Our Latest Stock Analysis on Exagen Insider Buying and Selling In other news, major shareholder Nmsic Co-Investment Fund, L.P. sold 200,000 shares of the firm’s stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $3.30, for a total transaction of $660,000.00. Following the completion of the sale, the insider now directly owns 2,108,958 shares of the company’s stock, valued at $6,959,561.40. This trade represents a 8.66 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink . Also, CEO John Aballi purchased 24,305 shares of the stock in a transaction that occurred on Thursday, November 14th. The stock was purchased at an average cost of $2.81 per share, with a total value of $68,297.05. Following the purchase, the chief executive officer now owns 689,799 shares in the company, valued at $1,938,335.19. This represents a 3.65 % increase in their position. The disclosure for this purchase can be found here . 26.10% of the stock is currently owned by corporate insiders. Institutional Inflows and Outflows Hedge funds have recently added to or reduced their stakes in the business. Renaissance Technologies LLC grew its position in Exagen by 93.3% during the 2nd quarter. Renaissance Technologies LLC now owns 94,234 shares of the company’s stock worth $172,000 after acquiring an additional 45,476 shares during the last quarter. Creative Planning acquired a new position in Exagen in the third quarter worth $110,000. Palumbo Wealth Management LLC grew its holdings in shares of Exagen by 14.5% during the third quarter. Palumbo Wealth Management LLC now owns 76,364 shares of the company’s stock worth $236,000 after purchasing an additional 9,695 shares during the last quarter. Verus Capital Partners LLC acquired a new stake in shares of Exagen in the third quarter valued at $39,000. Finally, Stonepine Capital Management LLC increased its stake in shares of Exagen by 49.0% in the third quarter. Stonepine Capital Management LLC now owns 534,398 shares of the company’s stock valued at $1,651,000 after buying an additional 175,701 shares in the last quarter. Institutional investors and hedge funds own 75.25% of the company’s stock. About Exagen ( Get Free Report ) Exagen Inc develops and commercializes various testing products under the AVISE brand in the United States. The company enables healthcare providers to care for patients through the diagnosis, prognosis, and monitoring of autoimmune and autoimmune-related diseases, including systemic lupus erythematosus (SLE) and rheumatoid arthritis (RA). Featured Articles Receive News & Ratings for Exagen Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exagen and related companies with MarketBeat.com's FREE daily email newsletter .
‘Friday Night Lights’ TV reboot is in the works
Believe it or not, Cowboys might have hope yet after chaotic win at WashingtonDharmendra Pradhan Graces 12th & 13th Combined Convocation of IIT BhubaneswarI had a visit on Sunday this week from a secondary school teacher who was asking how he can help his students who are all underage and who have sports betting apps and accounts. He is distressed that they have absorbed the gambling ad message and that their passion for sport is expressed through gambling. I assured him that given Labor and the Coalition would legislate a ban on social media for 16-year-olds they cannot enforce, it was surely a fait accompli that we would see a gambling ad ban which they can enforce. Exactly the same anxiety that parents feel about social media, they feel about gambling ads grooming their kids. Just a few hours later I saw the news that the prime minister, Anthony Albanese , seems to have squibbed any gambling ad reform at all. I was profoundly shocked. A year ago, I had witnessed the emotion of the PM when he spoke at Peta Murphy’s funeral and I had been assured that Labor would honour her groundbreaking legacy on gambling reform. I honestly believed that. She showed us the pathway to address one of our biggest health issues, in the country with the world’s highest per-capita gambling losses. The only question, I believed, was whether they would adopt her recommendation for a full ad ban or legislate just a partial ban. Would they move gambling out of racing and sport to address it in our health departments? Would they implement a national gambling regulator or continue to allow the Northern Territory to continue as the de facto regulator of these ads? Sign up for Guardian Australia’s breaking news email But to squib any reform at all, and dishonour her legacy so totally, never entered my mind. What has just happened? Well, it was not public opinion that defeated any reform. More than 70% of the public wanted a full ad ban and everyone wanted some limits placed on the ubiquity of these predatory ads normalising gambling in children’s minds with the AFL and NRL. The AFL supporters’ survey showed that 76% wanted a gambling ad ban from TV and radio. With more than a million ads a year on free-to-air television, the Australian public has had enough. There is a collective psychic vomit every time an ad appears, as well as parental incomprehension about why, 18 months after the Murphy inquiry, our children are still being subjected to this. Peter Dutton knew this. Months before the Murphy recommendations were handed down, he promised in his 2023 budget reply to limit gambling ads and received an overwhelmingly positive response. The Coalition has not responded to Murphy and was waiting to react to the government’s response. Now that the government has squibbed any reform, Dutton has a big opportunity. Sign up to Breaking News Australia Get the most important news as it breaks after newsletter promotion What happened is pretty simple in my view. The vested interests cowed the PM into dishonouring Murphy’s legacy. Those vested interests start with the obscenely rich foreign-owned sports betting companies. The British online gambling company Bet365 is well connected through their peak body Responsible Wagering Australia, which had former Labor senator Stephen Conroy as CEO followed by former Liberal chief of staff Kai Cantwell. Sporting bodies are often associated with gambling companies. The former CEO of the AFL is now CEO of Tabcorp. The AFL have been lobbying the PM not to implement the Murphy recommendations. Peter V’Landys is the chair of the NRL as well as chief executive and board member with NSW Racing. Media companies Seven, Nine and Foxtel have also been lobbying against the Murphy recommendations. In the same week that the federal government squibbed reform, the gambling industry achieved other successes. The Tasmanian government backflipped on its pokies reforms even though public opinion supports a cashless card. Tasmania Labor supported the Liberals signing the death warrant for promised reform. In New South Wales, the pokies industry sitting at the table of the premier Chris Minns’ expert panel has slowed down any cashless card reform to way beyond the next election. To have them at the table is a bit like having tobacco at the table to get smoking reform. In the US, despite overwhelming public desire to get gun reform, guns remain entrenched and it remains the US’s blind spot. In Australia, despite overwhelming desire to get gambling reform, gambling remains entrenched. What now seems clear is that, a year after her death, the recommendations of the brave Peta Murphy with multi-partisan support showed us a path forward, but our government caved in to vested interests. Tim Costello is chief advocate of the Alliance for Gambling Reform
For the first time since 2016, a new team is joining Formula 1 — Cadillac. Nearly two years after General Motors first announced it was launching a bid to join the premier class of international racing for open-wheel, single-seater formula racing cars, the automaker, along with TWG Global, have reached an agreement in principle with F1 to introduce a Cadillac team to the series in 2026. Since that bid first began, GM has been assembling its team, which will include board member Mario Andretti. Additionally, GM is also launching an F1 power unit that will eventually allow the Cadillac F1 team to be "full works," which means it will build its own vehicles and power units for its races. GM is hoping Cadillac will be a full works team by 2030. This will give GM and Cadillac more control over their own vehicles and a chance to develop innovative new high-performance engineering, including software, vehicle dynamics simulation, aerodynamics, and chassis and component development. It will also help showcase the brand to the million-plus viewers who have made Formula One among the fastest-growing sports in the world. While Cadillac has been around since the turn of the last century, GM has made it clear it's looking toward the future rather than the past with its new Caddys. Earlier this year, it unveiled its futuristic concept coupe, the Cadillac Opulent Velocity . It's very possible that technology developed by its F1 team may also find its way into street-legal passenger cars at some point. "As the pinnacle of motorsports, F1 demands boundary-pushing innovation and excellence," said GM President Mark Reuss in a statement. "This is a global stage for us to demonstrate GM's engineering expertise and technology leadership at an entirely new level." Formula One racing isn't just about the vehicles but the people behind them — which is exactly why it's such a tough sport to win. Cadillac isn't taking its spot as F1's eleventh team lightly and is bringing some of the biggest names in auto racing into the fold to ensure it's a Caddy that crosses the finish line first. "We're excited to partner with General Motors in bringing a dynamic presence to Formula 1," said Dan Towriss , CEO of TWG Global's motorsports businesses. "Together, we're assembling a world-class team that will embody American innovation and deliver unforgettable moments to race fans around the world." This world-class team will include none other than automotive Hall of Famer Mario Andretti, who has won the Indy 500, Daytona 500, a dozen Grands Prix, and many other races — some of them while driving a 1965 Ford Brawner Hawk . In fact, Andretti was the last American to have been an F1 champion — though GM, who has enlisted the 84-year-old for its board of directors, clearly hopes he can bring future victories to the Cadillac team. "My first love was Formula 1," said Andretti, "and now — 70 years later — the F1 paddock is still my happy place." He continued, "To still be involved at this stage of my life — I have to pinch myself to make sure I'm not dreaming." With operations in Fishers, Indiana; Charlotte, North Carolina; Warren, Michigan; and Silverstone, England, Andretti and the Cadillac team will officially compete in their first F1 circuit in 2026. Hopefully, the first Caddy they produce and race won't end up on the list of the worst F1 cars ever made .
Justin Herbert ignites Chargers rout to reach playoffs in Jim Harbaugh's first season
josefkubes 3M ( NYSE: MMM ) soared mid-year, posting its best earning-day reaction in the company’s history, but the rally has stalled lately. Still up more than 45% in 2024 (total return), shares of the Minnesota-based Industrials sector stalwart have eased off the Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.US proposes voluntary guidelines for self-driving vehicles in waning days of Biden administration
Why investors don’t need to be nervous about a stretched stock market in 2025: StrategistCriminologist says Canada should better track foreign student departures
Enphase Energy's ENPH short percent of float has risen 7.8% since its last report. The company recently reported that it has 15.84 million shares sold short , which is 15.76% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.03 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish. See Also: List of the most shorted stocks Enphase Energy Short Interest Graph (3 Months) As you can see from the chart above the percentage of shares that are sold short for Enphase Energy has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted. Comparing Enphase Energy's Short Interest Against Its Peers Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis. According to Benzinga Pro , Enphase Energy's peer group average for short interest as a percentage of float is 7.37%, which means the company has more short interest than most of its peers. Did you know that increasing short interest can actually be bullish for a stock? This post by Benzinga Money explains how you can profit from it. This article was generated by Benzinga's automated content engine and was reviewed by an editor. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Stocks closed higher on Wall Street at the start of a holiday-shortened week. The S&P 500 rose 0.7% Monday. Several big technology companies helped support the gains, including chip companies Nvidia and Broadcom. The Dow Jones Industrial Average added 0.2%, and the Nasdaq composite rose 1%. Honda’s U.S.-listed shares rose sharply after the company said it was in talks about a combination with Nissan in a deal that could also include Mitsubishi Motors. Eli Lilly rose after announcing that regulators approved Zepbound as the first prescription medicine for adults with sleep apnea. Treasury yields rose in the bond market. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. Major stock indexes rose on Wall Street in afternoon trading Monday, after a choppy start to a holiday-shortened week. The S&P 500 rose 0.6%. The Dow Jones Industrial Average recovered from an early slide to gain 29 points, or 0.1% as of 3:40 p.m. Eastern time. The tech-heavy Nasdaq composite rose 0.8%. Gains in technology and communications stocks helped outweigh losses in consumer goods companies and elsewhere in the market. Semiconductor giant Nvidia, whose enormous valuation gives it an outsize influence on indexes, rose 3.3%. Broadcom climbed 5.5% to also help support the broader market. Walmart fell 2% and PepsiCo slid 1.2%. Japanese automakers Honda Motor and Nissan said they are talking about combining in a deal that might also include Mitsubishi Motors. U.S.-listed shares in Honda jumped 13.4%, while Nissan slipped 0.2%. Eli Lilly rose 3.5% after announcing that regulators approved Zepbound as the first and only prescription medicine for adults with sleep apnea. Department store Nordstrom fell 1.6% after it agreed to be taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal. The Conference Board said that consumer confidence slipped in December. Its consumer confidence index fell back to 104.7 from 112.8 in November. Wall Street was expecting a reading of 113.8. The unexpectedly weak consumer confidence update follows several generally strong economic reports last week. One report showed the overall economy grew at a 3.1% annualized rate during the summer, faster than earlier thought. The latest report on unemployment benefit applications showed that the job market remains solid. A report on Friday said a measure of inflation the Federal Reserve likes to use was slightly lower last month than economists expected. Worries about inflation edging higher again had been weighing on Wall Street and the Fed. The central bank just delivered its third cut to interest rates this year, but inflation has been hovering stubbornly above its target of 2%. It has signaled that it could deliver fewer cuts to interest rates next year than it earlier anticipated because of concerns over inflation. Expectations for more interest rate cuts have helped drive a roughly 25% gain for the S&P 500 in 2024. That drive included 57 all-time highs this year. Inflation concerns have added to uncertainties heading into 2025, which include the labor market's path ahead and shifting economic policies under an incoming President Donald Trump. "Put simply, much of the strong market performance prior to last week was driven by expectations that a best-case scenario was the base case for 2025," said Brent Schutte, chief investment officer at Northwestern Mutual Wealth Management Company Treasury yields rose in the bond market. The yield on the 10-year Treasury rose to 4.59% from 4.53% late Friday. European markets were mostly lower, while markets in Asia gained ground. Wall Street has several other economic reports to look forward to this week. On Tuesday, the U.S. will release its November report for sales of newly constructed homes. A weekly update on unemployment benefits is expected on Thursday. Markets in the U.S. will close at 1 p.m. Eastern on Tuesday for Christmas Eve and will remain closed on Wednesday for Christmas. Damian J. Troise And Alex Veiga, The Associated Press
Notre Dame's Danny Nelson scores twice, defending champ US beats Latvia 5-1 in world junior hockeyWI Children’s Hospital Rejected Christmas Toy Donations Because of ‘Religious’ Org Name (Then Apologized)Players Era Festival organizers betting big NIL is future of college tourneysHow major US stock indexes fared Monday, 12/23/2024
Driving a feed truck on a farm means steering a 60,000-pound vehicle inches away from a concrete feed trough that would wreck the truck. While augers are shoveling food out of the truck to the hungry cattle below, drivers have to drive perfectly straight. "It's just one of the most demanding jobs in one of the worst environments out there," said Jason Hansen, the CEO of ALA Engineering. "And so food truck drivers, specifically, do not stick around very long." ALA Engineering, a startup based in Scottsbluff that also has an office at Nebraska Innovation Campus, hopes to change the livestock industry with driverless technology. The company showed off its concept for a driverless feed truck at the Nebraska Ag Expo in Lincoln earlier this month. Hansen said the truck could help farmers deal with labor shortages and food costs. The ALA Navigator is still being developed, but the company brought its technology attached to a normal feed truck to the Ag Expo. Once the truck is on the market, it would drive a predetermined route with lane limits. The truck will also have sensors in order to see any obstacles on the road ahead while it is dumping feed. Hansen, who studied software engineering at the University of Nebraska-Lincoln, said the predetermined routes that will be used by the truck means that autonomous vehicles in agricultural settings are safer than a driverless car in city traffic. "When larger robotaxi companies and stuff make big public mistakes, it shines negatively on the autonomy industry as a whole," Hansen said. "And it's worth knowing that agricultural and industrial and off-highway autonomy is a lot different than kind of urban autonomy, especially when it comes to safety." Although the company's trucks may be less likely to crash, there are still big stakes. "If you plant a week late it's a big deal," Hansen said. "If you don't feed cattle for a week, it's the end of the world." The engineering company is building multiple different sensors into the truck so that it can operate day after day in whatever weather conditions a state like Nebraska might throw at it. The backup sensors even have backups. Asher Khor, the senior embedded engineer for the company and a UNL graduate, said the truck can be accurate within less than an inch. "If you're a few inches off, you will hit the bunk," Khor said. "They're major vehicles and so we need really, really precise accuracy of the vehicle." The truck is meant to solve problems like inaccuracies in food distribution and crashes. Hansen also said the agriculture industry as a whole has experienced labor shortages. The average farmer was unable to hire 21% of the workforce they would have hired under normal circumstances, according to a 2022 National Council of Agricultural Employers survey. The vehicle is set to go into production in 2026, Hansen said. Before then, the company will work on commercial pilot programs and complying with different regulations. The truck will be ALA Engineering's first product. Hansen said the company had built a driver-assistance program but decided to keep engineers working in research and development, building toward the end goal of an autonomous vehicle. The startup's goal isn't to replace all of a farmer's trucks or employees, Hansen said. He said good employees are often more useful elsewhere in a stockyard. "As your oldest truck ages out of your fleet, bring in one of ours," Hansen said. "As you lose an employee, or you have an unfilled position, bring in one of our trucks." Get local news delivered to your inbox!
Russia pioneers next-gen nuclear energyA child was hospitalized after a raccoon attack inside the family's home, state officials said Friday. The incident happened on Monday in Cassia County after the child's mom had just returned home with the infant still in the carrier, the Idaho Fish and Game Department said in a statement. > 24/7 San Diego news stream: Watch NBC 7 free wherever you are The mother then heard a loud noise in the home and ran to the infant to find a raccoon attacking him, officials said. “The mother found a raccoon attacking her infant. She was able to grab the animal to stop the attack,” the department said in a statement. The child was taken to the Cassia Regional Hospital and then transferred to a hospital in Salt Lake City for further treatment, officials said. After the hospital drop-off, the child's father along with a Cassia County Sheriff's deputy returned to the home, found the raccoon still inside and killed it, wildlife officials said. The raccoon tested negative for rabies. Officials do not know how it got into the home. U.S. & World Toddler saved by mom before nearly falling off cliff overlooking Hawaii's Kilauea volcano Winning $1.22 billion Mega Millions ticket, fifth-largest jackpot ever, sold in California Raccoon attacks against humans are "extremely rare," but they can become aggressive if they feel threatened, officials said in a statement.