5 Things to Know Before the Stock Market Opens
News of the day for Nov. 27, 2024
News
Stocks Down Pre-Bell Ahead of Key Inflation Report; Asia Gains, Europe Falls
The main US stock measures were pointing lower in Wednesday's premarket activity as traders await th
Cheche Group Achieves Profitability Amid NEV Market Growth
Cheche Group (CCG) has released an update. Cheche Group, a prominent auto insurance technology platform in China, reported a significant turnaround in its financial results for the third quarter of 2024, achieving a net income of RMB4.1 million compared to a net loss in the prior year. The company witnessed a notable increase in total written premiums and policy issuance, driven by strategic partnerships with new energy vehicle companies, which fueled its revenue growth. Additionally, Cheche’s s
Planning The Leap from PE to Public Markets at 4th Palm Beach CorpGov Forum
PE Edge and Exec Edge are pleased to provide complete video coverage of the fourth annual Palm Beach CorpGov Forum held on Nov. 13-14, featuring a two-day event with panels, firesides and networking receptions. The audience comprised more than 200 attendees including institutional investors, family offices/HNWIs, attorneys, investment bankers and key advisors. Planning The Leap from […]
Hyperscale Data issues special dividend of Series F Exchangeable Preferred Stock
Hyperscale Data (GPUS) plans to issue a special one-time dividend of 1M shares of a newly designated Series F Exchangeable Preferred Stock to all common stockholders and holders of the Series C Convertible Preferred Stock on an as-converted basis. The record date for the Distribution has been set for December 13. The company has set a payment date of December 23, subject to adjustment. The number of shares of Series F Preferred Stock issuable is approximately 0.139 for each share of Eligible Cap
Maxeon Solar Technologies restructures to focus on US market
The company has leased a building in Albuquerque, New Mexico to construct a 2GW module assembly facility.
uCloudlink Group Reports Revenue Growth and Market Expansion
uCloudlink Group (UCL) has released an update. uCloudlink Group Inc. reported a 5.6% year-over-year increase in total revenues to $25.2 million for Q3 2024, driven by growth in data connectivity and SaaS services. Despite a slight decrease in net income, the company expanded its global presence with new product launches and strategic partnerships. uCloudlink continues to diversify its offerings and strengthen its market position in the mobile data traffic sharing sector. For further insights int