Vyome To Mark First Day of Trading as HIND with Nasdaq Opening Bell
'The HIND journey begins today, a journey in which anyone, anywhere in the world can now participate thanks to our stock being on Nasdaq,' said Krishna Gupta, Chairman of Vyome. 'Our commitment to shareholders is simple: every decision we make will be in their best interests because we have no debt and because our board is smart and heavily aligned with shareholders.'
'Our innovation pipeline is very deep and we have access to world-class talent in both the US and India,' said Shiladitya Sengupta, Founder of Vyome and Associate Professor of Medicine at Harvard Medical School. 'Our immediate focus will be to unlock the value of our clinical stage assets that all revolve around major unmet needs in the $100 billion immuno-inflammatory market, but our vision extends well beyond that.'
'This milestone is the result of phenomenal teamwork across continents – from our scientists and clinicians to our partners and advisors and most importantly our key investors – all united by a shared vision. We are committed to cost-effective operations to create maximal value for all our shareholders going forward,' said Venkat Nelabhotla, Co-founder and CEO of Vyome.
'It is such an honor to celebrate India's Independence Day at the Nasdaq, which we believe is a first,' added Gupta. 'We believe in the special relationship between the US and India, we are a product of it, and we are confident it will be the defining partnership of the next decade – whether in Healthcare, AI, or a number of other innovation-related corridors. Jai HIND and God Bless AMERICA!'
Maxim Group LLC served as financial advisor to ReShape in connection with the transactions and Fox Rothschild LLP acted as its legal counsel. Chardan served as financial advisor to Vyome for the merger and Sichenzia Ross Ference Carmel LLP acted as its legal counsel.
About Vyome
Vyome is building a healthcare platform spanning the US-India innovation corridor. Based in Cambridge, MA, Vyome's immediate focus is leveraging its clinical-stage assets to transform the lives of patients with immuno-inflammatory conditions. By applying groundbreaking science and its unique positioning across the US-India innovation corridor, Vyome seeks to deliver lasting value to shareholders in a hyper cost-efficient manner while upholding global standards of quality and safety. To learn more, please visit www.vyometx.com
Visit us on social media:
X
Forward-Looking Statements
Certain statements made in this press release are 'forward-looking statements' within the meaning of the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as 'target,' 'believe,' 'expect,' 'will,' 'shall,' 'may,' 'anticipate,' 'estimate,' 'would,' 'positioned,' 'future,' 'forecast,' 'intend,' 'plan,' 'project,' 'outlook', and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Examples of forward-looking statements include, among others, statements made in this release regarding the merger, including the benefits of the merger, revenue opportunities, anticipated future financial and operating performance, and results, including estimates for growth. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on management's current beliefs, expectations, and assumptions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of Vyome's control. Actual results and outcomes may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause actual results and outcomes to differ materially from those indicated in the forward-looking statements include, among others, the following: (a) the occurrence of any event, change, or other circumstances relating to the combined company; (b) failure to obtain the necessary consents and approvals; (c) the risk that the merger disrupts current plans and operations as a result of the announcement and consummation of the merger; (e) costs related to the merger; and (f) changes in applicable laws or regulations. Vyome cautions that the foregoing list of factors is not exhaustive. Vyome cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Vyome does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based, whether as a result of new information, future events, or otherwise, except as may be required by applicable law.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
29 minutes ago
- Yahoo
5 Top Artificial Intelligence Stocks to Buy in August
Key Points Nvidia and Broadcom are AI infrastructure leaders. Palantir's AI platform is driving huge growth for the company. Alphabet and GitLab are two AI stocks that are still cheap. 10 stocks we like better than Nvidia › Artificial intelligence (AI) continues to be reshaping the world we live in, which can be both exciting and scary. It's also reshaping the stock market, and it is certainly an area you want to invest in. Let's look at the stocks of five AI leaders that would make top stock buys this month. 1. Nvidia Nvidia (NASDAQ: NVDA) remains the king of AI infrastructure. Its graphics processing units (GPUs) power most AI workloads worldwide, and in the first quarter, it commanded an astonishing 92% of the GPU market. What really sets it apart is its CUDA software platform, which it planted into universities and research labs years before AI went mainstream. That early push created a generation of developers trained on its tools and libraries built on top of its platform, building a moat that rivals struggle to cross. Nvidia has also accelerated its product cycle, planning new chip launches annually to stay ahead of the competition. Its growth opportunities also go beyond data centers, with the automotive market another big opportunity, thanks to the rise of self-driving and robotaxis. Nvidia's mix of market dominance, software moat, and expansion into new markets keeps it firmly at the center of AI. 2. Palantir Technologies Palantir Technologies (NASDAQ: PLTR) started as a critical analytics partner to U.S. government agencies but is now making its mark in commercial markets. Its Artificial Intelligence Platform (AIP) integrates data from numerous sources into an "ontology," allowing AI models to produce clear, actionable results. AIP is essentially becoming an AI operating system, making it a vital platform as companies begin to use AI in their operations. The strength of AIP could be seen in its Q2 results, as the company's U.S. commercial revenue surged 93%, while its total deal value more than doubled and its customer base climbed 43%. Given the breadth of use cases across very different industries that AIP can handle, Palantir has a long runway of growth in front of it. The company has continued to see accelerating revenue growth, and the best part is that many of its customers are still in their early stages of usage. As an essential component of the emerging AI economy, Palantir has the potential to grow into one of the largest companies in the world. 3. Alphabet Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) is proving that AI can strengthen its core businesses. Search has gained momentum with AI Overviews, which is now being used by over 2 billion people a month, helping drive a 12% year-over-year increase in search revenue last quarter. Google Cloud is another major beneficiary of AI, with its revenue jumping 32% and operating profit more than doubling in Q2, thanks to strong AI demand on its Vertex platform. Another area that is often overlooked is Alphabet's Tensor Processing Units (TPUs). As inference performance per dollar starts becoming one of the most important factors in running AI models, Alphabet has a nice advantage with its custom chips. In addition to search and cloud computing, Alphabet is also seeing solid contributions from its other businesses. YouTube ad revenue grew 13% last quarter, with Shorts leading the way. Meanwhile, Waymo is picking up steam, rolling out its robotaxi services to new cities across the U.S. From a valuation perspective, Alphabet is one of the most attractive AI stocks in the market, trading at a forward P/E just over 20. This makes it a must-own stock. 4. Broadcom Rather than competing directly with Nvidia with GPUs, chipmaker Broadcom (NASDAQ: AVGO) is playing to its strengths in AI networking and custom chip design. Its Ethernet switches and other networking components are critical for moving vast amounts of data between AI clusters. Demand here is booming, with its AI networking revenue up 70% in Q1. The real prize, though, may be its work on custom application-specific integrated circuits (ASICs). Broadcom helped develop Alphabet's TPUs and is now designing chips for multiple hyperscalers (companies with massive data centers), with management estimating its top three customers alone could represent a $60 billion to $90 billion opportunity in fiscal 2027. Its recent acquisition of VMware adds another growth lever, with its Cloud Foundation platform helping enterprises manage AI workloads across hybrid cloud environments. Between its leadership in data center networking components, custom chip expertise, and virtualization software, Broadcom is becoming one of the most important players in AI infrastructure. 5. GitLab GitLab (NASDAQ: GTLB) is evolving from a code repository into a full-fledged AI-powered software development platform. Its GitLab 18 release brought more than 30 upgrades, including Duo Agent, which can automate testing, deployment, security, and monitoring. That's important, because developers spend only a fraction of their time writing code. Automating the rest of the workflow can dramatically increase productivity. GitLab has delivered steady 25%-plus revenue growth since going public, with Q1 sales rising 27% year over year. The value of its platform in an AI-driven development world opens the door to a possible shift from seat-based to consumption-based pricing, which could drive revenue even higher. With AI changing how software is built, GitLab's end-to-end approach positions it as a key player in enterprise software development. As investors worry about the impact of AI on software, GitLab's stock has fallen to a very attractive valuation of a forward price-to-sales (P/S) ratio of 7 times the 2025 analyst estimates. Should you buy stock in Nvidia right now? Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Nvidia wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $663,630!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,115,695!* Now, it's worth noting Stock Advisor's total average return is 1,071% — a market-crushing outperformance compared to 185% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 13, 2025 Geoffrey Seiler has positions in Alphabet and GitLab. The Motley Fool has positions in and recommends Alphabet, GitLab, Nvidia, and Palantir Technologies. The Motley Fool recommends Broadcom. The Motley Fool has a disclosure policy. 5 Top Artificial Intelligence Stocks to Buy in August was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
39 minutes ago
- Yahoo
History Shows That Palantir Stock's Monster Run Is Speeding Toward an Epic Crash -- and It All Might Come Down to 1 Detail That No One Is Talking About
Key Points Palantir stock is surging thanks to the company's ability to consistently deliver record-breaking growth from its artificial intelligence (AI) products. While it's tempting to follow momentum, Palantir is trading at valuations that eclipse even those seen during prior stock market bubbles. Institutional investors appear to be reining in their buying activity. 10 stocks we like better than Palantir Technologies › As of the closing bell on Aug. 12, shares of data mining darling Palantir Technologies (NASDAQ: PLTR) have skyrocketed by 147% year to date -- making it the top-performing stock in the S&P 500 for two years running. The obvious talking point here is that Palantir has been on a monster run throughout the course of the artificial intelligence (AI) revolution. Skeptics point to Palantir's lofty valuation as the cornerstone of the bear argument, as the stock trades at levels encroaching on dot-com-era bubble territory. While that's true, such concerns haven't stopped the stock from repeatedly notching new highs. I think there is a far subtler detail surrounding Palantir stock that rarely gets discussed. If history is any guide, it could set the stage for an epic reversal. Is now the time to sell Palantir stock? Read on to find out. Valuation that redefines what it means to be "expensive" During the late 1990s, internet companies were often measured by non-financial metrics based on user engagement. Businesses such as Amazon, Cisco, Microsoft, Alphabet, and Yahoo! were valued based on eyeballs and clicks rather than sales and profits. At the peak of dot-com euphoria, many of these internet pioneers traded at price-to-sales (P/S) multiples between 30 and 40 -- considered unsustainably high at the time. Palantir has completely redefined how next-generation technology businesses are valued, though. As of Aug. 12, Palantir boasts a market cap of nearly $444 billion -- larger than Salesforce, SAP, and Adobe, which are far more mature, diversified businesses. Perhaps even more striking is that Palantir's P/S of 137 exists in its own stratosphere -- completely outside the dimensions of its software-as-a-service (SaaS) peers. Some argue that traditional valuation methodologies such as P/S or earnings multiples don't fully capture Palantir's true value or its full potential. Instead, they urge investors to focus on industry-specific and financially engineered metrics such as the Rule of 40 to see just how "cheap" Palantir stock really is. I think this argument is flawed. There's a more telling metric -- and one that almost nobody talks about -- that makes me think Palantir stock could be on a collision course with history. Is "smart money" trying to tell us something? The chart below tracks buying activity in Palantir stock across institutional investors since its initial public offering (IPO) in late 2020. Initially, there was a wave of "smart money" buying during early 2021, which was met with substantial selling during the latter half of that year. Palantir's institutional ownership picked up again following the company's splash into the AI realm a couple of years ago. It's this dynamic where I think the retail investing crowd is missing the bigger picture and buying into a mirage. As the chart above illustrates, there is a convergence happening between the institutional buying and selling in Palantir stock. When net demand tightens -- meaning that buying is no longer materially higher than selling -- it takes less downside pressure to inspire a precipitous drop in share price. I see the dynamics illustrated in the chart above as an inflection point for Palantir stock. In addition, banks, wealth management firms, mutual funds, and hedge funds all have different priorities. Many of these institutions are required to hold large-cap stocks for benchmarking purposes, not because they think the stock is undervalued or because they carry some "diamond hands" conviction that shares are going higher despite abnormal volatility in the present. When a stock becomes an abnormally high weight relative to the overall portfolio, institutional investors often trim their exposure. This is known as portfolio rebalancing. This scenario can be perfectly explained in the video clip above in which mutual fund billionaire Ron Baron describes his fiduciary responsibility to take profits from time to time in even his highest-conviction positions, such as Tesla. If a stock becomes overinflated, institutions will use this market liquidity as a mechanism to sell their shares to retail at a premium. This dynamic is more colloquially referred to leaving retail "holding the bag" when the hype narrative fades. While I can't say for certain where Palantir stock is headed, my thought is that fund investors are going to pressure portfolio managers to trim exposure to Palantir and take some money off the table, much like what Baron experienced. I think the pressure will be rooted in the anticipation of a valuation reset for Palantir given its frothy positioning relative to peers. Will history repeat itself? Although history is not always a perfect predictor, I think it's a strong barometer in this case. While it's virtually impossible to pick the perfect time to sell a stock, I think there are some compelling -- and overlooked -- details that suggest Palantir stock could be headed lower from current price points sooner than many bulls expect. Should you buy stock in Palantir Technologies right now? Before you buy stock in Palantir Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Palantir Technologies wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $668,155!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,106,071!* Now, it's worth noting Stock Advisor's total average return is 1,070% — a market-crushing outperformance compared to 184% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 13, 2025 Adam Spatacco has positions in Alphabet, Amazon, Microsoft, Palantir Technologies, and Tesla. The Motley Fool has positions in and recommends Adobe, Alphabet, Amazon, Cisco Systems, Cloudflare, CrowdStrike, Datadog, Microsoft, MongoDB, Palantir Technologies, Salesforce, ServiceNow, Snowflake, Tesla, and Zscaler. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. History Shows That Palantir Stock's Monster Run Is Speeding Toward an Epic Crash -- and It All Might Come Down to 1 Detail That No One Is Talking About was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Fast Company
40 minutes ago
- Fast Company
Employers need help managing workers who are taking second jobs
Employers who sense rising levels of anxiety and signs of disengagement or displeasure in their workplace now have survey data to explain the sources of that unsettling vibe. But those insights also suggest managers need to address the sources of that unhappiness to avoid losing employees to companies that are already doing so. That was the main lesson in a recent study by staff recruitment, management, and payroll software company Remote. It polled '2,000 full-time, desk-based U.S. workers' about their perceptions of their workplaces. The overarching message participants sent was they're 'worried about the economy, unsure about their career future, and searching for employers they can trust.' As a result, many respondents said they're looking for greater financial and job security, and simultaneously want more input and guidance from employers—as well as increased flexibility in their work. Some of those expectations are directly linked to financial pressures many participants said they were under, as well as habits developed under pandemic-era remote working arrangements. Their own money concerns—and the increased fears about the economy's future that 80 percent of respondents expressed—led nearly 20 percent of participants to say they'd already taken on a second job or side hustle. An additional 57 percent say they're looking to do so, for the same reasons. Rising employee preoccupations with working a second job, along with their pandemic experiences of having worked from home, made flexibility a top priority for all but 11 percent of participants. About a third said their desire for fully remote employment was higher than it was a year ago, with 26 percent saying the same for hybrid. Around 60 percent of both groups said they'd take a pay cut to secure those arrangements, which tend to offer greater range in doing work and alsofacilitate juggling a side hustle. Interestingly, other replies in the Remote survey indicated that employers providing increased flexibility may help remedy another problem cited: worker complaints about insufficient communication and support. Polling data found just 17 percent of respondents said they were getting enough resources and support to feel stable and engaged on the job. Meanwhile, only 8 percent said their company regularly shares information on how the economy may impact their role or organization, with about a quarter describing those updates as 'vague.' Over a third of participants—or 35 percent—said they receive no feedback on that from bosses—but wish they did. Unexpectedly, however, 50 percent of people with hybrid arrangements and 46 percent of fully remote employees reported getting higher levels of that information and direction from managers. Meaning, with only 37 percent of in-office respondents feeling the same, 'organizations with distributed teams may lean more towards intentional, proactive communication,' analysis of the findings said. What can employers do to respond to the study's results? Its authors offered the following steps that companies might take to provide workers the 'honesty, stability, and real investment in their well-being' they need and reduce the risks of them seeking these qualities elsewhere instead. Talk about it. Regular, transparent updates help employees feel grounded. Rethink flexibility. Flexible policies have moved out of perk territory, and into the essential camp. Flexible working can be a lifeline for disengaged and anxious employees and for those with needs and responsibilities that don't fit into rigid structures. Invest in development. Clear career paths build security and loyalty. Support financial wellness. Educational resources can go a long way. Create space for dialogue. Especially when the conversations are hard. 'The findings serve as a reminder that people-first leadership isn't about guesswork, but listening, responding, and proactively creating environments where employees can maintain stability and productivity, even in uncertain times, instead,' noted Remote's chief people officer, Barbara Matthews. — By Bruce Crumley
