Latest news with #NasdaqMarketSite
The Star
2 days ago
- Business
- The Star
GlobalFoundries boosts investment plans to $16 billion, with research focus
FILE PHOTO: A screen displays the company logo for semiconductor and chipmaker GlobalFoundries Inc. during the company's IPO at the Nasdaq MarketSite in Times Square in New York City, U.S., October 28, 2021. REUTERS/Brendan McDermid/File Photo SAN FRANCISCO (Reuters) -Chip manufacturer GlobalFoundries said on Wednesday it planned to increase its investment plans to $16 billion, allocating an additional $1 billion to capital spending and $3 billion to research in several emerging chip technologies. The Malta, New York-based company said it is working with the Trump administration to bring chip manufacturing technology and various components of that supply chain onto U.S. soil. The chip manufacturer attributed the expansion to the boom in artificial intelligence hardware, a trend that has also benefited other chipmakers such as Taiwan Semiconductor ManufacturingCo. "The AI revolution is driving strong, durable demand for GF's technologies that enable tomorrow's data centers," GlobalFoundries Chief Executive Tim Breen said in a statement. The $1 billion capital spending boost is expected to support factory expansions in New York and Vermont, and is in addition to the $12 billion the company said in 2024 it planned to invest over the next 10 plus years. GlobalFoundries did not disclose a specific timeframe for the additional funding it announced on Wednesday. The $3 billion in research and development GlobalFoundries said it will spend will be split into three areas: chip packaging technologies, silicon photonics that can be used to make quantum computing processors, and gallium nitride which is used in electric vehicles and other power-related applications. In April, Intel and TSMC showed off their latest chip manufacturing and packaging capabilities at events, including the capability to stitch together multiple chips into a dinner-plate-sized device. (Reporting by Max A. Cherney and Stephen Nellis in San Francisco; Editing by Himani Sarkar)
Yahoo
4 days ago
- Business
- Yahoo
SS Innovations to Ring the Nasdaq Opening Bell on Tuesday, June 3, 2025
FORT LAUDERDALE, Fla., June 02, 2025 (GLOBE NEWSWIRE) -- SS Innovations International, Inc. (the 'Company' or 'SS Innovations') (NASDAQ: SSII), a developer of innovative surgical robotic technologies dedicated to making robotic surgery affordable and accessible to a global population, today announced that the Company will ring the opening bell at the Nasdaq MarketSite in New York City on Tuesday, June 3, 2025. Dr. Sudhir Srivastava, Chairman of the Board and Chief Executive Officer of SS Innovations, will lead the bell ringing ceremony and be joined by members of the Company's management team, Board of Directors, advisors, and other guests. Dr. Srivastava commented, 'This event commemorates the April 2025 uplisting of SS Innovations' common stock to Nasdaq, a major milestone that would not have been possible without the dedication and hard work of our entire team in developing the SSi Mantra, a cost-effective, differentiated surgical robotic system of premier quality. We also are celebrating the successful completion of more than 4,000 robotic surgeries by the SSi Mantra across over one hundred types of surgeries without any complications, injuries or mortalities – a notable milestone that we surpassed last month. We are encouraged by the growing acceptance of the SSi Mantra among physicians across India and in six other countries, and we are pursuing new markets around the world, including the European Union and the United States. Through growing global deployment of the SSi Mantra, we aim to enable advanced, accessible, and affordable robotic surgery for a broader segment of patients in need.' The live broadcast of the Nasdaq Opening Bell ceremony will begin at 9:15 a.m. Eastern Time and will be available, along with a replay of the event, at: About SS Innovations SS Innovations International, Inc. (Nasdaq: SSII) develops innovative surgical robotic technologies with a vision to make the benefits of robotic surgery affordable and accessible to a larger segment of the global population. The Company's product range includes its proprietary 'SSi Mantra' surgical robotic system and its comprehensive suite of 'SSi Mudra' surgical instruments, which support a variety of surgical procedures including robotic cardiac surgery. An American company headquartered in India, SS Innovations plans to expand the global presence of its technologically advanced, user-friendly, and cost-effective surgical robotic solutions. Visit the Company's website at or LinkedIn for more information and updates. About the SSi Mantra The SSi Mantra surgical robotic system is a user-friendly, modular, multi-arm system with many advanced technology features, including: 3 to 5 modular robotic arms, an open-faced ergonomic surgeon command center, a large 3D 4K monitor, a touch panel monitor for all patient related information display, a virtual real-time image of the robotic patient side arm carts, and the ability for superimposition of 3D models of diagnostic imaging. A vision cart provides the table-side team with the same magnified 3D 4K view as the surgeon to provide better safety and efficiency. The SSi Mantra utilizes over 40 different types of robotic endo-surgical instruments to support different specialties, including cardiac surgery. The SSi Mantra has been clinically validated in India in more than 100 different types of surgical procedures. Forward Looking StatementsThis press release may contain statements that are not historical facts and are considered forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words 'anticipate,' 'assume,' 'believe,' 'estimate,' 'expect,' 'will,' 'intend,' 'may,' 'plan,' 'project,' 'should,' 'could,' 'seek,' 'designed,' 'potential,' 'forecast,' 'target,' 'objective,' 'goal,' or the negatives of such terms or other similar expressions to identify such forward-looking statements. These statements relate to future events or SS Innovations' future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Investor Contact:The Equity Group Kalle Ahl, CFA T: (303) 953-9878 kahl@ Devin Sullivan, Managing Director T: (212) 836-9608dsullivan@ Media Contact:press@ (212) 739-0300
Yahoo
4 days ago
- Business
- Yahoo
Health In Tech Chief Growth Officer to Be Featured on "New to The Street" Interview at NYSE
STUART, Fla., June 2, 2025 /PRNewswire/ -- Health In Tech (Nasdaq: HIT), an Insurtech platform company backed by third-party AI technology, is pleased to share that Chief Growth Officer Dustin Plantholt will be featured in an upcoming interview on "New to The Street," filmed live at the New York Stock Exchange (NYSE) on June 3, 2025, at 10:00 AM ET. Joining Mr. Plantholt for the interview are two key industry collaborators: Chad A. Huff, Agency VP, Hilb Group David Baily, Principal and Commercial Insurance Advisor, Baily Insurance Together, they will explore how their collaboration is shaping smarter, more transparent health benefit solutions for small and mid-size businesses across the United States. The full interview will broadcast on Bloomberg TV as part of sponsored business programming. In addition, a highlight segment from the interview will be featured on the Nasdaq MarketSite billboard in Times Square, bringing the story front and center to a global audience in one of the world's most iconic locations. "This interview marks an exciting milestone for Health In Tech and our valued partners," said Dustin Plantholt. "Through our work with Hilb Group and Baily Insurance, we are helping to reshape the landscape of self-funded healthcare with solutions that are built on innovation, clarity, and trust." About Health In Tech Health In Tech (Nasdaq: "HIT") is an Insurtech platform company backed by third-party AI technology, which offers a marketplace that aims to improve processes in the healthcare industry through vertical integration, process simplification, and automation. By removing friction and complexities, we streamline the underwriting, sales and service process for insurance companies, licensed brokers, and TPAs. Learn more at About Hilb Group Hilb Group is a leading property and casualty and employee benefits insurance brokerage and advisory firm headquartered in Richmond, Virginia. Hilb Group is a portfolio company of The Carlyle Group, a global investment firm. Hilb Group seeks to grow through strategic acquisitions and by leveraging its resources and expertise to drive organic growth in its acquired agencies. The company has completed more than 190 acquisitions with over 125 offices in 31 states. Hilb Group is rated as one of the Fastest Growing Brokers by Business Insurance, a Top P/C Agency by Insurance Journal, and one of America's Fastest Growing Private Companies in the Inc. 5000. For more information on Hilb Group's growth as well as career opportunities, please visit our website at About Baily Insurance Baily Insurance has been a trusted, faith-based, family-owned agency since 1880, providing tailored insurance solutions for individuals, families, and businesses. Learn more at In pursuit of their mission to "Honor God with our work," Baily Insurance also co-founded Fusion Health Plans, a national platform leveraging Health-In-Tech's cutting-edge solutions. Fusion helps insurance brokers save their employer clients millions through smarter self-funded and level-funded benefit plans for groups of 25 to 250 employees. Explore more at Use of Forward‑Looking Statements Certain statements in this press release are forward-looking statements for purposes of the safe harbor provisions under the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may include estimates or expectations about Health In Tech's possible or assumed operational results, financial condition, business strategies and plans, market opportunities, competitive position, industry environment, and potential growth opportunities. In some cases, forward-looking statements can be identified by terms such as "may," "will," "should," "design," "target," "aim," "hope," "expect," "could," "intend," "plan," "anticipate," "estimate," "believe," "continue," "predict," "project," "potential," "goal," or other words that convey the uncertainty of future events or outcomes. These statements relate to future events or to Health In Tech's future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause Health In Tech's actual results, levels of activity, performance, or achievements to be different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond Health In Tech's control and which could, and likely will, affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects Health In Tech's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to Health In Tech's operations, results of operations, growth strategy and liquidity. Investor Contact Investor Relations:ir@ View original content to download multimedia: SOURCE Health In Tech 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
22-05-2025
- Business
- Yahoo
Unsolicited Takeover Bids: Vinson & Elkins Partner Francisco Morales, Live at Nasdaq
CorpGov hosted a fireside chat on May 20 at Nasdaq MarketSite with Francisco J. Morales Barrón, Partner — Mergers & Acquisitions and Private Equity at Vinson & Elkins. The in-person interview was joined by Editor-at-Large Jarrett Banks and they discussed about the telltale signs that a company may be vulnerable to an unsolicited bid or an activist pushing for a sale or break-up, the likelihood of unsolicited and hostile takeover bids this year, and more. Watch the interview below About Francisco J. Morales Barrón Mr. Morales advises public and private companies, private equity firms and their portfolio companies in connection with domestic and cross-border strategic transactions, including mergers & acquisitions, divestitures and equity financing transactions. His work spans a variety of industries, including technology, software, media, real estate, industrials, life sciences, healthcare, retail and consumer goods. He also counsels public and private companies on general corporate matters. Mr. Morales' business profile: About Vinson & Elkins Vinson & Elkins is a law firm of global distinction, working with leading companies on wide-ranging matters in key industries across the economy. Drawing on deep knowledge and experience, we engage closely with our clients, providing forward-thinking counsel that positions them to achieve their goals. For a century and counting, we've built our firm on simple foundations: delivering excellent work and service, advising on complex matters, succeeding as a team, and caring for our clients, colleagues, and communities. Our clients trust us to guide them through some of their most important opportunities and challenges. We make it our mission to return that trust with sound advice, thoughtful strategy, and innovative solutions. Contact: CorpGov Editor@ The post Unsolicited Takeover Bids: Vinson & Elkins Partner Francisco Morales, Live at Nasdaq appeared first on CorpGov. Sign in to access your portfolio
Miami Herald
21-05-2025
- Business
- Miami Herald
AINOS (NASDAQ: AIMD) Signs Long-Form Interview and National TV Commercial Agreement with New to The Street
Strategic media partnership will amplify AINOS's brand and innovation story across major financial networks and digital platforms NEW YORK CITY, NY / ACCESS Newswire / May 21, 2025 / AINOS, Inc. (NASDAQ:AIMD), a diversified biotech and AI-driven diagnostics company, has signed a long-form broadcast and commercial media agreement with New to The Street, a leading provider of televised investor communications. As part of the agreement, AINOS will be featured in monthly long-form interview segments and nationally broadcast commercials across: CNBCFOX BusinessBloomberg TelevisionNew to The Street's YouTube channel, with 2.51 million subscribers and growing The content will spotlight AINOS's leadership, product pipeline, and forward-looking strategy to a broad base of retail and institutional investors. New to The Street, known for its televised presence at the NYSE and Nasdaq MarketSite, has helped hundreds of emerging growth companies expand visibility through a combination of earned, sponsored, and digital media. The AINOS campaign will also include a custom segment intro, with recurring broadcast features and cross-platform exposure across NTTS's investor-focused ecosystem. The first segment is scheduled to air in June 2025, with subsequent features rolling out monthly. For media inquiries, contact: Monica BrennanMedia Relations - New to The Streetmonica@ SOURCE: New To The Street
