Bastards! Why not settle and give MASI a huge payout!!! Apple racing to change software after losing patent: Report
NIO has had two bits of moderately good news lately. Some financing and some distribution. NIO rallies again as new strategic investment is seen boosting sales, cash flow Dec. 19, 2023 11:56 AM ET NIO Inc. (NIO) Stock NIO (NYSE:NIO) rallied for a second straight day after the Chinese electric car maker disclosed that it landed an aggregate investment of $2.2B from CYVN Holdings, an investment vehicle based in Abu Dhabi. CYVN will own 20.1% of NIO’s shares after the deal closes and be the company's largest shareholder. However, CEO/founder William Bin Li would still own 39% of the voting rights. Bank of America noted that CYVN Holdings will be entitled to nominate two directors to NIO's (NIO) board so long as it continues to beneficially own no less than 15% of outstanding share capital. If CYVN Holdings beneficially owns less than 15% but more than 5% of NIO’s outstanding share capital, it will be entitled to nominate one director to NIO’s board. The firm thinks the NIO (NIO) investment will help boost cash flow. Analyst Ming Hsun Lee: "Our analysis reveals NIO’s cash burn in 1-3Q23 is around RMB17.5bn. As a result, CYVN’s US$2.2bn will support NIO’s operation and cash flow for few more quarters." NIO (NIO) is expected to use the extra capital to sharpen brand positioning, bolster sales and service capabilities, and make long-term investment in core technologies. Notably, NIO (NIO) plans to hold the 2023 NIO Day and launch its flagship EV model ET9 on December 23. BofA kept a Buy rating on NIO (NIO) given the company's advantages in the premium smart electric vehicle segment, and solid volume sales backed by the new Alps sub-brand. Shares of NIO (NIO) rallied 4.97% late on Tuesday morning to $8.77 vs. the 52-week trading range of $7.00 to $16.18.
Stoney the idiots keep shorting AFRM! I am pulling numbers out of the air but don’t you think $55 or $60 is credible in the squeeze? It’s not the fundamentals, it’s the failure of the shorts to crush it. Blocks of 100k scooped up. Maybe I am overthinking it?
MASI Mini- spiking-! Maybe this relieves them of future court expenses...? Masimo Corporation (MASI) was down a Buck a momnent ago. NasdaqGS - NasdaqGS Real Time Price. 116.10+0.88 (+0.76%) As of 12:24PM EST.
The hackers who took down CZR & MGM have been apprehended and the info being returned.. Caesars Entertainment, Inc. (CZR) NasdaqGS - NasdaqGS Real Time Price. 48.75+1.48 (+3.13%)<--maybe up for a reason******
Actually it looks like The US gov stole the info back! No arrests. WASHINGTON, Dec 19 (Reuters) - U.S. officials say they have seized digital extortion websites associated with the notorious "Blackcat" ransomware gang and are helping dozens of victims recover their data. Blackcat - also known as ALPHV or Noberus - is accused of working with the prolific hacking gang known as "Scattered Spider," which has terrorized major businesses including MGM Resorts International and Caesars Entertainment. In a statement published on Tuesday, the Justice Department said that it had "gained visibility into the Blackcat ransomware group's computer network" and seized "several websites." There was no mention of arrests or of action against Scattered Spider, a group believed by security researchers to be composed at least in part of young, English-speaking hackers in the West. The group has acted as the sharp end of the spear for Blackcat, seeding data-scrambling software on victims' devices which can typically only be removed following a massive ransom payment. The Justice Department and the Federal Bureau of Investigation did not immediately return messages seeking additional detail about the seizure. The statement said that the FBI had developed a decryption tool that could help up to 500 victims recover their data following the Blackcat seizure. It said that "to date, the FBI has worked with dozens of victims in the United States and internationally to implement this solution, saving multiple victims from ransom demands totaling approximately $68 million."
To be honest there was some news I'm not up to date on. Walmart and self check out. Doesn't sound that large to me and self checkout is super annoying. self check and pay later? Why not just steal it.
THOUGHTS ON CNBC PANEL? They weren't quite at that state I like to see with the meat juice on the chins. I would call it 75-80% of max rah rah ability.