Ascom Holding (OTC:ACMLF) Stock, Quote.Headers.trade-ideas

Ascom Holding AG is a solutions provider focused on healthcare ICT and mobile workflow solutions. The company consists of a business unit, the purpose of which is to use its product and solutions portfolio and software architecture capabilities to devise integration and mobilization solutions that provide digitalized, complete, and efficient workflows for healthcare as well as for industry, security, and retail sectors. The company has three segments OEM, Enterprise, and Healthcare. It derives a majority of its revenue from the healthcare segment.

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AFFINITY BEVERAGE GROUP by Affinity Beverage Group, Inc.

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KHIRON LIFE SCIENCES CORP by Khiron Life Sciences Corp.

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RIGHT ON BRANDS INC by Right On Brands, Inc.

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ASCOM HOLDING AG BERN by Ascom Holding AG

Ascom Holding AG

SpaceX&#8216;s factory in Bastrop, Texas has built a million<a href="https://www.benzinga.com/news/23/11/35583773/spacex-ceo-elon-musk-says-starlink-business-has-achieved-breakeven-cash-flow-is-an-ipo-on-the-cards"> Starlink </a>standard hardware kits, the company announced on X on Monday.
What Happened: &#8220;Just 10 months after opening our factory in Bastrop, Texas, the Starlink team there has built 1 million Starlink Standard kits!,&#8221; the company wrote on the social media platform X while adding that the team is ramping production to meet surging demand.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Just 10 months after opening our factory in Bastrop, Texas, the Starlink team there has built 1 million Starlink Standard kits!    The team is ramping production to meet the surging demand for high-speed internet around the world &#x1f6f0;&#xFE0F;&#x1f30e;&#x2764;&#xFE0F; <a href="https://t.co/xOjgJRdSHM">pic.twitter.com/xOjgJRdSHM</a>
&mdash; Starlink (@Starlink) <a href="https://twitter.com/Starlink/status/1833213876135203265?ref_src=twsrc%5Etfw">September 9, 2024</a></blockquote>
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Starlink is the satellite internet segment of Elon Musk&#8216;s SpaceX. The company aims to provide low-latency internet to subscribers worldwide with a network of satellites in low-Earth orbit. 
The standard hardware refers to the hardware ideal for residential use and everyday internet applications like streaming and video calls. It is currently priced at $299 in the U.S.
Why It Matters: SpaceX said in May that Starlink is connecting over 3 million people with high-speed internet. The facility is available over across 100 countries, territories, and other markets. 
According to data from astronomer&nbsp;Jonathan McDowell,&nbsp;SpaceX has launched over <a href="https://www.benzinga.com/news/24/09/40744852/elon-musks-spacex-rockets-past-new-milestone-launches-7-000th-starlink-satellite">7000 Starlink satellites</a> into space, of which 6337&nbsp;are working, to provide the service. 
Starlink achieved breakeven cash flow in November 2023, rekindling hopes for an IPO of the segment. In late 2020, Musk said that SpaceX <a href="https://www.benzinga.com/news/20/09/17688296/elon-musk-has-ipo-plans-for-starlink-and-retail-investors-will-get-top-priority">would probably IPO Starlink </a>when its revenue growth is ‘smooth and predictable.'&nbsp;
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
Read More:
<ul>
<li><a href="https://www.benzinga.com/news/24/09/40767440/spacex-set-to-launch-all-civilian-polaris-dawn-mission-on-september-10-after-multiple-delays" target="_blank" rel="noreferrer noopener">Tesla&#8217;s Weekly Insurance Registrations Cross 16K In China: &#8216;&#8230;On Track For Their Best Quarter Ever,&#8217; Says Bull Gary Black</a></li>
</ul>
Photo via Shutterstock

SPACE

Tech

SpaceX Bastrop Facility Touches 1M Starlink Hardware Production Milestone

In a major development, tech behemoths Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) and Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) are all set to join the blue-chip S&amp;P 500 index.
Typically, the inclusion is positive for stocks due to increased trading volume and liquidity resulting from purchases by index funds, ETFs, and other funds mirroring the index.&nbsp;
Interestingly, the people at the helm of these companies have been known for their affinity with Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>).
<h2 class="wp-block-heading">A Moderately Big Invention In The Eyes Of Peter Thiel</h2>
Palantir founder Peter Thiel has a significant history with the leading cryptocurrency.&nbsp;
Founders Fund, the venture capital firm established by Thiel, made <a href="https://www.benzinga.com/markets/cryptocurrency/24/02/37087400/peter-thiels-founders-fund-bets-big-on-bitcoin-and-ether-with-200m-investment-report#google_vignette">$1.8 billion through Bitcoin investments</a> just before the market collapsed in 2022. It then purchased another $100 million in Bitcoin in 2023, when the cryptocurrency was trading below $30,000.
Personally, Thiel considers Bitcoin a "moderately big invention." In a <a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40609655/peter-thiel-calls-bitcoin-moderately-big-invention-compared-with-the-internet-it-was-syste">recent episode of the Joe Rogan Experience podcast,</a> he stated, "We can debate whether it was good or bad, but it was a pretty big deal and was systematically underestimated for at least the first 10–11 years."&nbsp;
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40766075/peter-schiff-will-accept-he-was-wrong-about-bitcoin-if-restaurants-begin-to-show-prices-in">Peter Schiff Will Accept He Was Wrong About Bitcoin If Restaurants Begin To Show Prices In Satoshis Among Other Things</a>
<h2 class="wp-block-heading">Michael Dell Finds Bitcoin &#8216;Fascinating&#8217;</h2>
Dell founder and CEO Michael Dell, on the other hand, has only recently expressed an interest in King Crypto through cryptic social media interactions.&nbsp;
It all started when he shared on X a digitally modified image of <a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39439756/michael-dell-interested-in-bitcoin-says-scarcity-creates-value-and-michael-saylor-agrees">Sesame Street&#8217;s Cookie Monster, depicted as consuming Bitcoin instead of cookies.</a>&nbsp;
In one instance, Dell wrote &#8220;Fascinating Bitcoin&#8221; in reaction to BlackRock CEO Larry Fink <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39785673/michael-dell-calls-bitcoin-fascinating-amid-blackrock-ceos-bullish-stance-tech-billionaire">calling Bitcoin a legitimate financial asset</a>.
More recently, the billionaire business tycoon commented "Enjoy Bitcoin" in response to a Sept. 7 exchange with another X user.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Enjoy <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> &#x1f9e1;
&mdash; Michael Dell (@MichaelDell) <a href="https://twitter.com/MichaelDell/status/1832137497943413115?ref_src=twsrc%5Etfw">September 6, 2024</a></blockquote>
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Bitcoin supporters have construed these posts as signals that Dell Technologies, like MicroStrategy, may include the world's largest digital asset on its balance sheet in the future.
Price Action: At the time of writing, Bitcoin was exchanging hands at $57,200.41, up 4% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>. Shares of Dell popped 3.83%, while Palantir&#8217;s stock soared 14% on Monday on the S&amp;P 500 listing.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40765946/trumps-upcoming-crypto-project-a-potential-problem-in-making-defi-stablecoin-promotion-rai">Trump&#8217;s Upcoming Crypto Project A Potential Problem In Making? DeFi, Stablecoin Promotion Raises Conflict Of Interest Worries</a></li>
</ul>
Image Via Shutterstock

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$BTC

DELL

PLTR

Palantir And Dell Are Set To Join S&P 500 Index: Here's What Their CEOs Peter Thiel And Michael Dell Have Said About Bitcoin

Bioceres Crop Solutions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIOX#NASDAQ">BIOX</a>) reported quarterly sales of $124.000 which missed the analyst consensus estimate of $135.360 million by 100.00 percent. This is a 100.00 percent decrease over sales of $104.700 million the same period last year.

Earnings

BIOX

Bioceres Crop Solutions Q4 Sales $124M Miss $135.360M Estimate, Net Loss $2.6M Up From $4.2M YoY

Manchester United and DHL, the club&#39;s official logistics partner, have extended their longstanding partnership which will now run until 2027 (Photo: Business Wire)
The partnership, which began in 2011, is underpinned by a common purpose to inspire positive change among the global communities that the two organisations serve, and that will continue with the evolution of &lsquo;A World United&lsquo; campaign with fresh objectives under a new rallying cry, &lsquo;United for One Goal&#39;.

DHLGY

MANU

Manchester United And DHL Extend Partnership Until 2027, Launch 'United For One Goal' Campaign To Drive Global Positive Change

MongoDB, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>) today announced the expansion of MongoDB for Academia in India, including a new partnership with <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4249718-1&amp;h=612323863&amp;u=https%3A%2F%2Faicte-india.org%2F&amp;a=All+India+Council+for+Technical+Education">All India Council for Technical Education</a> (AICTE), Ministry of Education, Government of India. The AICTE partnership will be supported by SmartBridge's SmartInternz learning platform to give more than 150,000 Indian students access to virtual internships and to gain the skills required to use MongoDB Atlas—the leading multi-cloud developer data platform.
&nbsp;
As part of the program's expansion, MongoDB also announced a new partnership with <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4249718-1&amp;h=1239765821&amp;u=https%3A%2F%2Fwww.geeksforgeeks.org%2F&amp;a=GeeksforGeeks">GeeksforGeeks</a>, a platform for computer science resources in India. The collaboration will make the MongoDB Developer Learning Path available to all of GeeksforGeeks' 25 million registered users.

Government

Regulations

MongoDB Teams Up with AICTE and GeeksforGeeks to Empower Indian Students with In-Demand Tech Skills

Former Hollywood producer Harvey Weinstein has been rushed to a New York City hospital for emergency heart surgery, adding to his ongoing health woes.
What Happened: Weinstein, 72, was transported from Rikers Island to Bellevue Hospital late Sunday after experiencing severe chest pains. His representatives, Juda Engelmayer and Craig Rothfeld, confirmed the procedure <a href="https://apnews.com/article/harvey-weinstein-hospital-surgery-new-york-de6d6fb85887ce8784da22b523d56831">according</a> to the Associated Press.
Rothfeld identified the surgery as pericardiocentesis, a procedure to remove fluid from around the heart. Weinstein had been feeling unwell for several weeks, with his condition deteriorating daily.
Weinstein&#8217;s lawyer, Arthur Aidala, urged jail officials to move him to Bellevue, warning that Weinstein&#8217;s life was at risk. The Department of Correction&#8217;s website confirmed Weinstein&#8217;s transfer to Bellevue&#8217;s Prison Ward.
Weinstein has had multiple health issues, including COVID-19, pneumonia, and heart problems, since his 2020 conviction. He remains in custody awaiting a retrial scheduled for Nov. 12.
See Also: <a href="https://www.benzinga.com/general/entertainment/24/09/40758484/nba-legend-shaq-shows-off-his-new-widebody-carbon-fiber-tesla-cybertruck-elon-musk-has-a-on?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">NBA Legend Shaq Shows Off His New Widebody Carbon Fiber Tesla Cybertruck: Elon Musk Has A One Word Reaction</a>
Why It Matters: The latest health scare for Weinstein comes amid significant legal developments. In April, New York's highest court overturned <a href="https://www.benzinga.com/news/24/04/38449812/harvey-weinsteins-conviction-overturned-new-trial-expected-ashley-judd-labels-it-an-act-of-instituti">Weinstein's 2020 conviction</a> for sexual assault and rape, citing judicial errors. 
The court ruled 4-3 that the trial judge erred by allowing testimonies from women whose accusations were not part of the charges Weinstein faced. This decision impacted Weinstein's choice not to testify in his own defense.
Manhattan District Attorney Alvin Bragg's office has indicated plans to retry Weinstein. Judge Jenny Rivera, writing for the majority, stated, "The remedy for these egregious errors is a new trial." 
Read Next:
<a href="https://www.benzinga.com/news/24/09/40767860/mark-cuban-praises-elon-musks-ai-chatbot-grok-for-answering-kamala-harris-pov-on-immigration-i-think?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mark Cuban Praises Elon Musk&#8217;s AI Chatbot Grok For Answering Kamala Harris&#8217; POV On Immigration: &#8216;I Think It&#8217;s Accurate&#8217;</a>
Image Via Shutterstock 
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>

Legal

Harvey Weinstein Rushed To NYC Hospital For Emergency Heart Surgery Amid Ongoing Health Issues And Legal Battles

In accordance with Nasdaq&#39;s listing rules, the Company has 60 calendar days after the Notice to submit a plan to regain compliance with the Listing Rule. Pursuant to the Notice, following receipt of such plan, Nasdaq may grant an extension of up to 180 calendar days from the Form 10-Q&#39;s due date, or until February 17, 2025, for the Company to regain compliance. The Company intends to take the necessary steps to regain compliance with Nasdaq&#39;s listing rules as soon as practicable.
As previously disclosed, the filing of the Form 10-Q was delayed due to the matters described in the Form NT 10-Q. As of today, the assessment described in the Form NT 10-Q is ongoing and all parties continue to work diligently to complete the assessment and to file the Form 10-Q as soon as practicable.

WAVS

Reported Earlier, Western Acquisition Ventures Received Nasdaq Deficiency Notification Over Form 10-Q Delay, Pursues Plan To Regain Compliance

TiVo, a wholly-owned subsidiary of entertainment technology company Xperi Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/xper#NYSE">XPER</a>), announced today it has expanded its footprint across Europe with its personalized content discovery platform for smart TV,
<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.tivo.com%2F&amp;esheet=54118842&amp;newsitemid=20240910423571&amp;lan=en-US&amp;anchor=TiVo&amp;index=1&amp;md5=b32e9ee89cf441b19f57368625a8429a">TiVo</a>, a wholly-owned subsidiary of entertainment technology company <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fxperi.com%2Fcompany%2F&amp;esheet=54118842&amp;newsitemid=20240910423571&amp;lan=en-US&amp;anchor=Xperi+Inc.&amp;index=2&amp;md5=be616ffac1dcb21855fba41e3dd2c6d3">Xperi Inc.</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPER#NYSE">XPER</a>), announced today it has expanded its footprint across Europe with its personalized content discovery platform for smart TV, operator and automotive solutions, now in 38 European markets and across 18 major brands. The expanded footprint for content discovery services allows TiVo to aid its partners in addressing the continuously growing challenge of discovery in a fragmented streaming landscape.
In the upcoming U.K. Video Trends Report for Q2 2024, it is revealed that consumers in the U.K. use an average of 6.5 content sources, with an average monthly spending of nearly £75. Additionally, 61% of consumers use more than one app in a typical viewing session and over 50% of respondents consider it a significant pain point to browse multiple apps to find something to watch.
TiVo's personalized content discovery platform leverages artificial intelligence algorithms to analyze viewing habits, preferences and regional cultural nuances. By integrating data from multiple streaming services, traditional broadcasters and local content providers, TiVo's super aggregation offers a seamless user experience in discovering relevant shows, movies, live TV and even sports programs. The platform provides consumers with personalized and curated content, helping viewers navigate the vast sea of available content while also enabling content creators to reach their target audiences more effectively.
The personalized content discovery platform is backed by TiVo's advanced metadata solutions, which aim to solve common user frustrations around finding and accessing desired content across multiple platforms. By pairing content availability data with normalized program metadata, TiVo enables seamless universal search, discovery and personalization capabilities for its operators.
TiVo Broadband, which launched in the U.S. earlier this year and is now available in Europe, is transforming the content experience through super aggregation and advanced discovery for broadband-only customers. This operator-branded solution provides integrated access and advanced search, discovery and recommendations to free ad-supported streaming TV (FAST), advertising-based video on demand (AVOD), over-the-top and live TV, as well as content from a variety of subscription video-on-demand (SVOD) channels tailored to a broadband-only customer base.

Small Cap

XPER

Xperi Inc's TiVo Expands Across Europe with AI-Powered Content Discovery, Streamlining Viewing for 18 Major Brands

On Monday, Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) announced a new feature in its AirPods Pro 2, aiming to transform the hearing health experience. This feature will offer an end-to-end hearing health experience, including active Hearing Protection, a scientifically validated Hearing Test, and a clinical-grade Hearing Aid feature.
What Happened: With an estimated 1.5 billion people worldwide suffering from hearing loss, as per the World Health Organization, Apple has developed a comprehensive solution focused on prevention, awareness, and assistance.
The Hearing Protection feature will help users avoid exposure to loud environmental noise, while the Hearing Test feature will allow users to check their hearing at home. The results of this test will be used to create a personalized hearing profile for each user.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The typical prescription hearing aids cost $2,000 to $7,000 which makes them inaccessible to millions who need them. In 2022, the FDA approved over the counter hearing aids. Now Apple's latest AirPods offer a hearing aid mode. Excited to see this technology become widely used! <a href="https://t.co/ioI5KVbT5I">pic.twitter.com/ioI5KVbT5I</a>
&mdash; Nick Mark MD (@nickmmark) <a href="https://twitter.com/nickmmark/status/1833212156395065715?ref_src=twsrc%5Etfw">September 9, 2024</a></blockquote>
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The Hearing Aid capability uses the personalized hearing profile to transform the AirPods Pro into a &#8220;clinical-grade hearing aid,&#8221; boosting sounds in real-time to help users better engage in conversations and stay connected to their surroundings.
The Hearing Test and Hearing Aid features are expected to receive marketing authorization from global health authorities soon, including the U.S. Food and Drug Administration, and will be available this fall in more than 100 countries and regions.
See Also: <a href="https://www.benzinga.com/news/24/09/40679223/mark-cuban-explains-why-despite-getting-a-lot-of-flak-from-elon-musk-and-others-he-continues-to-post?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mark Cuban Explains Why, Despite Getting A Lot Of Flak From Elon Musk And Others, He Continues To Post On &nbsp;X: &#8216;Don&#8217;t Want to Be Where Everyone Agrees with Me&#8217;</a>
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">AirPods Pro 2 adding a clinical grade hearing aid functionality: Awesome
&mdash; Marques Brownlee (@MKBHD) <a href="https://twitter.com/MKBHD/status/1833198121691844674?ref_src=twsrc%5Etfw">September 9, 2024</a></blockquote>
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Why It Matters: This announcement follows a series of developments and hints in Apple&#8217;s hearing health initiatives. In November 2022, a study published in the iScience journal suggested that AirPods Pro <a href="https://www.benzinga.com/news/22/11/29780663/apple-airpods-pro-as-hearing-aids-it-may-be-closer-than-you-think">met four of five standards </a>of personal sound amplification products, indicating their potential as a hearing assistive device.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The AirPods are now hearing aids, without the stigma of hearing aids. If you have some hearing loss but don&#39;t want to be sporting hearing aids, you can now just throw in apple airpods and nobody is the wiser.
&mdash; Joseph Carlson (@joecarlsonshow) <a href="https://twitter.com/joecarlsonshow/status/1833199286756221112?ref_src=twsrc%5Etfw">September 9, 2024</a></blockquote>
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In March, <a href="https://www.benzinga.com/news/24/03/37579256/apple-ios-18-to-reportedly-introduce-hearing-aid-mode-for-airpods-pro-what-we-know-so-far">rumors circulated about</a> the new &#8220;hearing aid mode&#8221; for AirPods Pro in the upcoming iOS 18 update, building on the existing Live Listen feature.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/24/09/40767860/mark-cuban-praises-elon-musks-ai-chatbot-grok-for-answering-kamala-harris-pov-on-immigration-i-think?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mark Cuban Praises Elon Musk&#8217;s AI Chatbot Grok For Answering Kamala Harris&#8217; POV On Immigration: &#8216;I Think&nbsp;It&#8217;s Accurate&#8217;</a></li>
</ul>
Image via Apple
Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Health Care

General

AAPL

Apple's AirPods Pro 2 Bring 'Clinical-Grade Hearing Aid' Without The Stigma Or High Cost: Here's What People Have To Say

Unless the Company requests an appeal of Staff&#39;s determination by&nbsp;September 10, 2024, trading of the Company&#39;s Class A Ordinary Shares, Warrants, and Units will be suspended at the opening of business on&nbsp;September 12, 2023, and a Form 25-NSE will be filed with the Securities and Exchange Commission (the &quot;SEC&quot;), which would remove the Company&#39;s securities from listing and registration on the Nasdaq Stock Market.

MCAA

Reported Earlier, Mountain & Co. I Acquisition Corp. Received Nasdaq Delisting Determination, Plans To Appeal To Maintain Listing

&nbsp;Innovent Biologics, Inc. (&quot;Innovent&quot;) (HKEX: 01801), a world-class biopharmaceutical company that develops, manufactures and commercializes high quality medicines for the treatment of oncology, cardiovascular and metabolic, autoimmune, ophthalmology and other major diseases, announces an oral presentation of updated results from a pivotal Phase 2 clinical trial of Dupert&reg;（fulzerasib）for the treatment of adult patients with advanced non-small cell lung cancer (NSCLC) harboring the KRAS G12C mutation at the 2024 World Conference on Lung Cancer (WCLC).
Fulzerasib is a novel, orally active, potent KRAS G12C inhibitor. Based on the results from this single-arm registrational Phase 2 clinical study (NCT05005234).
Dupert&reg;&nbsp;(fulzerasib) received approval by the NMPA in&nbsp;August 2024&nbsp;for the treatment of adult patients with advanced NSCLC harboring the KRAS G12C mutation who have received at least one systemic therapy.

IVBIY

Reported Earlier, Innovent Presents Update On Dupert (Fulzerasib) For KRAS G12C-Mutated NSCLC At 2024 World Conference On Lung Cancer

The company&nbsp;has entered into a securities purchase agreement with a single institutional investor to purchase 1,369,488 shares of common stock at an offering price of $0.7302 per share, in a registered direct offering priced at-the-market.

AMPG

Reported Earlier, AmpliTech Group Prices $1M Registered Direct Offering, Priced At-The-Market

Ionis intends to use the net proceeds from the offering to fund its independent commercial launches, late-stage clinical programs, earlier pipeline programs, and research and development activities, as well as for working capital and general corporate purposes.

IONS

Reported Earlier, Ionis Prices $500.3M Public Offering Of 11.5M Common Shares At $43.50/Share

StepStone intends to use all of the net proceeds from the Offering, after underwriting discounts and commissions and expenses, to purchase shares of Class A common stock from certain holders thereof and to pay cash upon exchange of Class B units (together with an equal number of shares of Class B common stock of StepStone) and Class C units, as applicable, by certain holders thereof. As a result, StepStone will not retain any net proceeds from the Offering, and StepStone expects the Offering will result in no dilution to existing stockholders

STEP

Reported Earlier, StepStone Prices Secondary Offering Of 4,099,997 Shares At $50/Share

In a recent exchange on the social media platform X, Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk and Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) founder Joe Lonsdale engaged in a discussion about government efficiency and the potential for significant cost savings through technological intervention. 
What Happened: The exchange began with Lonsdale, known for founding the data analytics company Palantir, posting a comment about government spending. 
&#8220;It&#8217;s impractical to cut the budget, we need to tax you more&#8221; they insist, as they hand out 100&#8217;s of billions of dollars to their progressive friends to recruit more progressive activists,&#8221; Lonsdale wrote on Sunday.
Musk, never one to shy away from controversial topics, responded to Lonsdale&#8217;s post with an intriguing proposal. &#8220;Joe, perhaps you would be interested in joining the Dept of Govt Efficiency,&#8221; Musk suggested. 
He accompanied this invitation with an AI-generated image depicting himself seated on a chair labeled &#8220;D.O.G.E&#8221; &#8211; an acronym for the Department of Government Efficiency. 
This proposed department is reportedly part of former President Donald Trump&#8216;s plans for his administration if he were to be reelected, aligning with Trump&#8217;s publicly expressed interest in including industry experts in advisory roles within the U.S. government to maximize efficiency.
The conversation took an interesting turn when another user suggested that Palantir&#8217;s software could facilitate the process of identifying inefficiencies. 
Lonsdale agreed enthusiastically, stating, &#8220;Yep. We could quickly find tens of billions of dollars of fraud and waste in Medicare and Medicaid alone.&#8221; 
He went on to reveal a surprising historical tidbit, claiming, that 44th U.S. President Barack Obama, &#8220;even verbally agreed to let us do it back in the day but then his people stopped it from going ahead; wasn&#8217;t politically useful to find all that for some reason.&#8221; 
This claim suggests that there may have been previous attempts to leverage Palantir&#8217;s technology for government efficiency, which were ultimately not pursued.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Joe, perhaps you would be interested in joining the Dept of Govt Efficiency <a href="https://t.co/7yKQLban1B">pic.twitter.com/7yKQLban1B</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1832853069786452472?ref_src=twsrc%5Etfw">September 8, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/news/24/09/40758753/in-2020-elon-musk-predicted-that-100-cars-produced-by-2040-will-be-electric-and-fully-autonomous-now?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">In 2020 Elon Musk Predicted That 100% Cars Produced By 2040 Will Be Electric And Fully Autonomous. Now He Says &#8216;99% Is Probably Right&#8217;</a>
Why It Matters: The collaboration between Musk and Trump has been gaining momentum as the 2024 election approaches. In early September, reports surfaced that Trump is considering appointing Musk to a <a href="https://www.benzinga.com/markets/equities/24/09/40679572/elon-musk-cant-wait-to-work-with-trump-in-cutting-waste-and-needless-regulation-as-reports-sugge">commission to audit U.S. federal agencies</a>. 
This plan has been under discussion for several months, highlighting the growing political synergy between the two influential figures.
Moreover, Lonsdale and fellow Palantir co-founder Peter Thiel have publicly endorsed <a href="https://www.benzinga.com/general/politics/24/06/39557155/palantir-co-founders-thiel-lonsdale-back-trump-in-2024-election-id-rather-have-him-than-biden">Trump for the 2024 election</a>, reflecting a broader trend of Silicon Valley leaders aligning with Trump&#8217;s policies.
This partnership between Musk and Trump has raised questions about the future of the electric vehicle industry and other sectors, given their combined <a href="https://www.benzinga.com/news/24/08/40303828/cnbc-speculates-reasons-why-elon-musk-and-donald-trump-are-teaming-up-to-win-the-white-house-is-the">influence and resources</a>. 
In a further sign of his political engagement, Musk recently hired a Republican strategist to <a href="https://www.benzinga.com/news/24/08/40619332/after-endorsing-trump-for-president-elon-musk-now-hires-republican-strategist-signaling-a-deeper-div">guide his political activities</a>, indicating a deeper involvement in Republican politics and voter mobilization efforts.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/24/09/40767860/mark-cuban-praises-elon-musks-ai-chatbot-grok-for-answering-kamala-harris-pov-on-immigration-i-think?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mark Cuban Praises Elon Musk&#8217;s AI Chatbot Grok For Answering Kamala Harris&#8217; POV On Immigration: &#8216;I Think It&#8217;s Accurate&#8217;</a></li>
</ul>
Image Via Shutterstock 
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>

Equities

Global

TSLA

Elon Musk Invites Joe Lonsdale To Join D.O.G.E, But Palantir Founder Points Out Failure Of Similar Idea To Boost Government Efficiency During Obama Era

This store, located on George Street in&nbsp;Sydney, marks the brand&#39;s first-ever Sanrio-themed IP collection shop in&nbsp;Australia&nbsp;and its first flagship shop in the country. With over 2,500 SKUs and an area of approximately 300 square meters, this new store is set to offer a brand-new and joyful shopping experience to the Australian market.

MNSO

Reported Earlier, MINISO Debuts First Sanrio-Themed Flagship Store In Australia

In what could be a concerning trend for the industry, a Federal Reserve survey found that the cryptocurrency market&#8217;s growth this year has not resulted in an equivalent rise in cryptocurrency ownership.
What Happened: A survey by the Consumer Finance Institute of the Federal Reserve Bank of Philadelphia revealed a disconnect between Bitcoin&#8217;s (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) market price and ownership over the last two years.
The survey indicated a drop in ownership rates from 24.6% in January 2022 to 19.1% in October 2022, during the bearish crypto winter. Around this time, the price of Bitcoin tumbled nearly 60%.
Even with the market&#8217;s recovery over the subsequent months, the ownership rates did not see a corresponding increase. By October 2023, only 17.1% of the respondents owned cryptocurrency.
Prices started accelerating in October 2023, and by January 2024, more than half of the value lost during the cryptocurrency winter was regained. The ownership, however, dropped to 15.5%.
By the next survey in April 2024, ownership slightly increased to 16.1%, a disproportionate rise compared to the impressive 66% jump in price. Bitcoin also hit its all-time high in this period.
Between April and July, the price fluctuated around highs, but the survey reported a drastic decrease in ownership to 14.7%.
Interestingly, the low ownership contradicted the findings of the April 2024 survey, when more than 21% of respondents indicated a willingness to purchase cryptocurrencies in the future. In October 2022, this number was just over 10%
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40776328/microstrategys-bitcoin-strategy-has-outperformed-every-s-p-500-company-and-even-nvidia-sin">MicroStrategy&#8217;s Bitcoin Strategy Has Outperformed Every S&amp;P 500 Company And Even Nvidia Since 2020, Says Michael Saylor</a>
Why It Matters: The findings of the CFI survey raised concerns about the prevailing sentiment around the asset class and the lasting impact of the cryptocurrency winter.
Bitcoin has jumped 28.85% year-to-date, offering better returns than blue-chip equity indices like the S&amp;P 500, and gold. However, its declining ownership pointed to possible concerns over its <a href="https://in.tradingview.com/chart/XlzxagWe/?symbol=BITSTAMP%3ABTCUSD">price fluctuations</a>, instances of which have increased this year.
Price Action: At the time of writing, Bitcoin was exchanging hands at $54,632.87, up 3.71% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.
Photo by Igor Faun on Shutterstock
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40773784/bitcoin-etfs-are-not-an-adoption-vehicle-with-holders-on-2b-unrealized-losses-analyst-says">Bitcoin ETFs Are &#8216;Not An Adoption Vehicle&#8217; With Holders On $2B Unrealized Losses, Analyst Says</a></li>
</ul>

Crypto Winter Of 2022 Dealt A Death Blow To Bitcoin And Other Coins? Fed Report Indicates A Lasting Impact

In a bold move to counter domestic profitability challenges and global trade barriers, nearly 900 Chinese auto suppliers and several EV manufacturers are showcasing their products at a Frankfurt trade fair.
What Happened: Chinese automakers like BYD (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>), Geely (OTC:<a class="ticker" href="https://www.benzinga.com/stock/GELYF#OTC">GELYF</a>), Hongqi, and GAC International are set to present their vehicles at the Automechanika fair. This marks a new trend for the event, which has traditionally been a platform for suppliers.
Despite the emergence of trade barriers in Europe and North America, aimed at limiting the influx of China-made EVs, China&#8217;s auto sector continues to invest heavily in overseas expansion. The &#8220;EV Expo&#8221;, which opens on Tuesday, was established in partnership with the China Council for the Promotion of International Trade.
See Also: <a href="https://www.benzinga.com/news/24/09/40758526/boeing-starliner-returns-to-earth-without-sunita-williams-and-butch-wilmore-lands-in-new-mexico-afte?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Boeing Starliner Returns To Earth Without Sunita Williams And Butch Wilmore, Lands In New Mexico After 6-Hour Flight</a>
Automechanika&#8217;s director, Olaf Musshoff, expressed at a press conference, &#8220;We want EVs made by Chinese carmakers which are currently to some extent unknown to gain trust in the industry.&#8221;
Moody&#8217;s data shows that the auto sector&#8217;s share of China&#8217;s total outbound investments rose from 16% in 2018 to 22% in 2023, and car exports have hit record highs this year. The significant presence of Chinese suppliers at the fair, almost double the number of German suppliers, highlights their expanding role in the global supply chain. Chinese automakers are increasingly planning local production in Europe and other regions to circumvent trade tariffs limiting imports.
Why It Matters: The Chinese auto industry&#8217;s move to expand globally comes in the wake of European Commission&#8217;s <a href="https://www.benzinga.com/news/24/07/39635158/eu-imposes-provisional-duties-of-as-much-as-37-6-on-chinese-ev-imports">additional tariffs of up to 37.6% </a>on EV imports from China in July. The tariffs were a response to concerns that state-subsidized, cheaper EVs from China could push domestic players out of the market. The EU&#8217;s steps are similar to the ones taken by the U.S. and Canada to restrict access of Chinese EVs into these markets.
In response to these tariffs, Chinese EV manufacturers began <a href="https://www.benzinga.com/news/24/07/39662998/chinese-ev-makers-pivot-to-africa-amid-eu-and-us-tariff-hurdles">exploring Africa as a potential market</a>. However, China also <a href="https://www.benzinga.com/news/24/08/40484760/china-hits-back-at-eus-unfair-ev-tariffs-that-gave-relief-to-chinese-made-tesla-will-take-all-necess">voiced strong opposition </a>to these tariffs in August, labeling them as "unfair" and assuring its commitment to safeguard its EV industry against such actions.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/24/09/40758753/in-2020-elon-musk-predicted-that-100-cars-produced-by-2040-will-be-electric-and-fully-autonomous-now?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">In 2020 Elon Musk Predicted That 100% Cars Produced By 2040 Will Be Electric And Fully Autonomous. Now He</a></li>
</ul>
Photo via Shutterstock
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Pooja-Rajkumari" target="_blank" rel="noreferrer noopener">Pooja Rajkumari</a>

Eurozone

BYDDF

BYDDY

GELYF

BYD, Geely And Other Chinese EV Makers Make A Strong Showing At Frankfurt Trade Fair Amid Restrictions From EU, US, Canada

Businessman Anthony Scaramucci, who very briefly served as White House Communications Director during former President Donald Trump&#8217;s tenure, on Friday weighed in on whether the ripple created by Vice President Kamala Harris&#8217; entry into the race is slowly settling down and what she should be doing in <a href="https://www.benzinga.com/general/politics/24/09/40782598/harris-vs-trump-how-to-watch-2024-presidential-debate-rule-disputes-and-key-topics-for-voters">the Sept. 10 debate hosted by Disney-owned ABC News.</a>
Honeymoon Over? Harris&#8217; campaign is not a proper campaign, suggested Scaramucci in the latest episode of the Rest Is Politics US <a href="https://www.youtube.com/watch?v=FTGzGR-OG0o&amp;t=67s">podcast</a> he cohosts with British journalist Katty Kay. When his co-hosts brought up the point that some Democrats are sending feelers that they are nervous, Scaramucci said Harris was going to rallies and was speaking off prompters but the confrontational element of the campaign was missing.
&#8220;There&#8217;s the confrontation that the American public wants to see whether people like it or not, they want you in a heated position; they want you in a hot seat and they want you to subject yourself to questions,&#8221; he said. &#8220;The American public has decided that if you can answer questions extemporaneously, you&#8217;re so showing a depth of knowledge, some level of wisdom and some level of experience,&#8221; he said.
If the vice president doesn&#8217;t start doing that it is going to hurt her not only with the right-wing media but also with the general public, the ex-White House aide said. The general public will begin wondering whether a race in the U.S. can be of a teleprompter and whether it be without holding press conferences, he added.
If that is the case, Scaramucci sees it as creating a lot of murkiness, and a lot of good opposition research people will begin to make up policies for the vice president that are not hers&#8217;. The Democratic camp might be thinking they can do this without interviews, banking on their confidence in internal polling averages, he said.
Scaramucci said the situation is similar to what prevailed just after Labor Day during Hillary Clinton&#8217;s campaign in 2016. The former secretary of state was well ahead but she went on to lose, he noted. &#8220;I would be worried if I were them,&#8221; he said. Referring to Trump, he said, &#8220;This guy is formidable,&#8221; adding &#8220;You may not like him. He does things that are misogynistic; he does things that are absurd.&#8221;
Co-host Kay said Harris had an almost perfect five weeks from her launch up to the Democratic National Convention even as her rival Trump had a pretty few bad weeks over August. Yet his poll numbers didn&#8217;t crash, which has caused nervousness among the Democratic camp, who were looking for a strong lead and much better poll numbers after the DNC, she said. 
The area where Harris is the weakest is on the economic message and immigration &#8211; two issues on which Trump is still ahead in the polls, Kay said.
See Also: <a href="https://www.benzinga.com/news/24/09/40767879/veteran-pollster-weighs-in-on-new-trump-vs-harris-poll-that-shows-ex-president-closing-in-if-you-sup">Veteran Pollster Weighs In On New Trump Vs. Harris Poll That Shows Ex-President Closing In: &#8216;If You Support Policies That 60% Of The Country Opposes…You&#8217;re Asking For Trouble&#8217;</a>
The Presidential Debate: Scaramucci thinks the campaign starts in earnest on Sept. 10, the date of the first debate. Offering her a piece of advice, the SkyBridge Capital founder said, &#8220;Be careful, don&#8217;t Hillary Clintonize the debate. Do not be the policy wonk. Do not study the policy,&#8221; he said.
The American people are looking for a &#8220;verbal sparring match,&#8221; adding that &#8220;What they want is they want you to best Donald Trump; they want you to parry him and they want you to explain to people that you&#8217;re more confident and you&#8217;re a safer pair of hands.&#8221;
If Harris can stand up to Trump, it will give people the confidence that she can stand up to people such as<a href="https://www.benzinga.com/topic/vladimir-putin"> Russian President Vladimir Putin</a>, Scaramucci said. If she chooses to go to her policy book and list every policy, she is really going to get hurt by Trump, he said.
His co-host said Harris has to stay calm and focused in the light of the theatrics Trump will display, and then he needs to be needled with words like &#8220;old&#8221; or &#8220;small.&#8221;
Scaramucci, meanwhile, the vice president has to be offensive on California, describing it as an amazing economy. She shouldn&#8217;t take the bait when Trump personally attacks her, he said. &#8220;If I was her media coach I&#8217;d say&#8230;..we&#8217;re gonna get you in front of a camera in front of a microphone in front of a zoom, get the microphone in your face and we&#8217;re going to work on eliminating the cackle or the laugh or whatever you want to call.&#8221; 
Did You Know?
<ul>
<li>Congress Is Making Huge Investments.&nbsp;<a href="https://www.benzinga.com/gov-trades" target="_blank" rel="noreferrer noopener">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
Image via Shutterstock

Politics

Media

Anthony Scaramucci Tells Kamala Harris Not To Be 'Policy Wonk' And 'Hillary Clintonize' Tuesday's Debate: 'They Want You To Best Donald Trump'

Lockheed Martin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) and Tata Advanced Systems Limited have entered into a teaming agreement to expand upon the companies' business relationship through the C-130J Super Hercules tactical airlifter. This announcement marks a significant step in enhancing India's defence and aerospace capabilities while also deepening India-U.S. strategic ties.
&nbsp;
This agreement provides a framework for collaboration on future potential business opportunities to include:
<ul>
<li>Establishing a Maintenance, Repair and Overhaul (MRO) facility in India to support the Indian Air Force's (IAF) existing fleet of 12 C-130Js as well as other global Super Hercules fleets;</li>
<li>Expanding C-130J manufacturing and assembly in India to produce aircraft for the IAF's Medium Transport Aircraft (MTA) program, subject to U.S. and Indian government approvals.</li>
</ul>
Lockheed Martin will continue to build C-130Js for the U.S. government and other global operators at the existing Super Hercules production facility in&nbsp;Marietta, Georgia, USA. Lockheed Martin will establish additional production and assembly capacity in India if awarded the MTA contract.

Lockheed Martin Teams Up with Tata to Boost India's Defense with C-130J Airlifter Production

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Ascom Holding (ACMLF) Forecast

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