Latest news for BCM Resources (OTC:BCMRF) Stock

BCM Resources Corp is principally engaged in the acquisition, exploration, development, and mining of mineral properties. The company holds interests in the Carter property in Canada and Thompson Knolls Property in the United States.

BCM Resources Corp

Partnering with Broadcom, Tower has enabled fully integrated Wi-Fi FEM devices on a single RFSOI die.&nbsp;&nbsp;

News

AVGO

TSEM

Tower Semiconductor Reports Production Of Wi-Fi 7 RF Front-End Module Devices Based On Its Advanced 300mm RFSOI Technology

This work will support the sovereign nuclear-powered submarines facilities and infrastructure program, enabling the Submarine Rotational Force (SRF) &ndash; West, and accelerating&nbsp;Australia&#39;s&nbsp;ability to safely own, operate, maintain and sustain its own future nuclear powered submarine fleet.

Contracts

KBR Bags Contract To Continue To Deliver Technical Design Services At HMAS Stirling From The Security And Estate Group And The Australian Submarine Agency

Wolfe Research analyst Mike Polark initiates coverage on Stryker (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYK#NYSE">SYK</a>) with a Outperform rating and announces Price Target of $405.

Price Target

Initiation

Analyst Ratings

Wolfe Research Initiates Coverage On Stryker with Outperform Rating, Announces Price Target of $405

Issued by the GCAA, the Air Operator Certificate is required to operate commercial air transport in the UAE. Joby will follow a five-stage application process that will see the Company develop a full complement of air taxi operating manuals, undergo inspections of its UAE-based facilities, and complete GCAA observation of pilot and aircraft mechanic training as well as flight operations.

JOBY

Joby Aviation Says It Has Taken The First Step Towards Becoming A Certified Air Taxi Operator In UAE

Redburn Atlantic analyst Daniela Nedialkova downgrades Costco Wholesale (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>) from Buy to Neutral and raises the price target from $860 to $890.

Downgrades

COST

Redburn Atlantic Downgrades Costco Wholesale to Neutral, Raises Price Target to $890

The announcement follows&nbsp;Alberta&#39;s&nbsp;decision to allow licensed cannabis pop-up stores at adults-only festivals and events.

HITI

High Tide Enters JV With Positive Intent Events To Establish Solid Position In Canada's Nascent Cannabis Hospitality Sector

This story was first published on the&nbsp;<a href="https://in.benzinga.com/content/38782803/apples-iphone-exports-from-india-nearly-double-sights-set-at-1-lakh-cr-for-fy25" target="_blank">Benzinga India portal.</a>
U.S. defense manufacturing giant&nbsp;Lockheed Martin&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lmt#NYSE">LMT</a>) and&nbsp;Tata Advanced Systems&nbsp;have agreed to work on a tactical military aircraft together in India.
What Happened: The two entities have decided to broaden their business relationship to manufacture and assemble the C-130J Super Hercules tactical airlifter, according to a joint press release. This strategic move is anticipated to not only improve India&#39;s defense and aerospace capabilities but also strengthen India-US strategic ties.
The agreement lays the groundwork for potential future business opportunities, including the creation of additional production and assembly capacity in India, provided Lockheed Martin secures the medium transport aircraft (MTA) contract.
If you&rsquo;d like to stay ahead&nbsp;of the curve on the Indian market, sign up for our Ring The Bell newsletter by&nbsp;<a href="https://share.hsforms.com/1K1H7Kd0aRhmSdDIuxTAkxg1npzh" rel="noopener noreferrer" target="_blank">clicking here</a>.
&quot;Collaborating with Lockheed Martin on the C-130J platform proposition for IAF&#39;s (Indian Air Force&#39;s) MTA project is a milestone for Tata Advanced Systems,&quot; said Sukaran Singh, the CEO and managing director of Tata Advanced Systems.&nbsp;
This announcement also marks Tata Advanced Systems&#39; foray into the defense maintenance, repair and overhaul space in India for large aircraft platforms.
The Indian Air Force is actively looking to procure up to 80 medium transport aircraft and issued a request for information last year. Lockheed Martin responded to the RFI as its C-130J Super Hercules aircraft is ideally suited to meet the requirements.
Lockheed Martin and Tata Advanced Systems have a long-standing partnership through the Tata Lockheed Martin Aerostructures joint venture, which aligns closely with the Indian government&#39;s &quot;Make in India&quot; objectives.
Read Next:&nbsp;<a href="https://www.benzinga.com/news/24/09/40785446/apple-in-talks-with-micron-tata-group-to-secure-india-made-chips-for-locally-made-iphones">Apple In Talks With Micron, Tata Group To Secure India-Made Chips For Locally Made iPhones</a>
Disclaimer: Artificial intelligence was used as a secondary aid in the writing of this story.

Media

Lockheed Martin, Tata Advanced Systems Join Forces To Manufacture Military Aircraft In India

Earnings

IMOS

ChipMOS August 2024 Revenue $66.2M, Representing Increase Of 2.5% From Prior Month And Up 15.4% Y/Y

Comstock Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LODE#NYSE">LODE</a>) ("Comstock" and the "Company") and its subsidiary, Comstock Metals Corporation ("Comstock Metals"), a technology leader in efficiently recycling end-of-life solar panels into reusable aluminum, copper, silver, glass and other minerals, that delivers a 100% closed-loop, zero-landfill solution, today announced additional revenues from two commercial companies that have engaged Comstock Metals for the decommissioning and disposal of end-of-life solar panels. &nbsp;
Comstock Metals strives to efficiently and effectively recycle materials at industrial scales, such that these materials are carefully recovered in a manner whereby they can be recycled and reused over and over again, representing the true definition of circularity, and the process and service that Comstock Metals strives to perfect and offer.

LODE

Comstock Metals Gains New Revenue from Solar Panel Recycling Contracts

Each ADS represents 40 Class A ordinary shares, par value&nbsp;$0.00001&nbsp;per share, of the Company. XCharge&#39;s ADSs have been approved for listing and are expected to begin trading on the Nasdaq Global Market today under the ticker symbol &quot;XCH.&quot; The offering is expected to close on September 11, 2024, subject to customary closing conditions.

IPOs

EV Charging Solutions Provider XCHG Limited Reports Pricing Of Its IPO Of 3.33M ADSs At $6.2 Per ADS

MAIA Biotechnology, Inc., (NYSE:<a href="https://www.benzinga.com/stock/MAIA#NYSE">MAIA</a>) ("MAIA", the "Company"), a clinical-stage biopharmaceutical company developing targeted immunotherapies for cancer, today announces favorable interim survival benefit from its lead clinical candidate THIO, a telomere-targeting treatment for patients with advanced non-small cell lung cancer (NSCLC). A Phase 2 clinical trial, THIO-101, is evaluating THIO sequenced with Regeneron's immune checkpoint inhibitor (CPI) cemiplimab (Libtayo&#xAE;) in patients with advanced NSCLC who failed two or more standard-of-care therapy regimens.
Published available results suggest that overall survival (OS) in third-line patients is 5.8 months.1
As of August 01, 2024, 16 patients had survival follow-up surpassing 12 months, including 9 in third line treatment (3L). Interim median survival follow-up in 3L was 10.6 months.
"THIO is showing a survival benefit for patients with advanced NSCLC. As our follow-up continues, we have noted that three of the earliest patients enrolled are approaching 17-month survival. We're on track to achieve our survival goals in third-line therapy," said Vlad Vitoc, M.D., Chairman and Chief Executive Officer of MAIA. "THIO's outperformance to date supports our thesis that our telomere targeting agent could become a treatment option for people suffering from advanced NSCLC."
The 12-month survival data corresponds to the Company's most recent data from THIO-101 demonstrating favorable disease control and overall response rates. As <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fir.maiabiotech.com%2Fnews-events%2Fpress-releases%2Fdetail%2F108%2Fmaia-biotechnology-reveals-new-clinical-data-showing&amp;esheet=54119550&amp;newsitemid=20240910368128&amp;lan=en-US&amp;anchor=announced+in+April+2024&amp;index=1&amp;md5=1c8bf8a57b7b658226136ec1d7221493">announced in April 2024</a>, THIO 180mg + CPI in third-line treatment showed, in part, overall response rate (ORR) of 38%, disease control rate (DCR) of 88% and median progression-free survival (PFS) of 5.5 months.
MAIA expects to release full efficacy results of THIO-101 this year.

MAIA

MAIA Biotechnology Reports Survival Data in Advanced Lung Cancer Trial

JMP Securities analyst Jonathan Wolleben initiates coverage on Skye Bioscience (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SKYE#NASDAQ">SKYE</a>) with a Market Outperform rating and announces Price Target of $15.

SKYE

JMP Securities Initiates Coverage On Skye Bioscience with Market Outperform Rating, Announces Price Target of $15

This investment, made through&nbsp;Accenture Ventures, will support EMTECH in its efforts to transform central banks&#39; financial and technology infrastructure and make it easier for central banks to regulate and supervise fintechs in an increasingly digital economy.

Accenture Invests In Financial Technology Company EMTECH; Terms Not Disclosed

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) senior engineer Wes Morrill on Monday responded to a video of a <a href="https://www.benzinga.com/news/24/09/40701340/tesla-introduces-winter-package-for-cybertruck-priced-at-3k-ahead-of-the-mercury-drop">Cybertruck</a> running through a picket fence to sustain significant damage and pinned it to the removal of a few significant parts on the vehicle.
What Happened: A YouTuber called Supercar Ron ran a Cybertruck through a white picket fence in one of his videos posted in June. The vehicle sustained significant damage, raising questions about the truck&#8217;s durability and off-roading protection.
However, Morrill took to X on Monday to note that the truck used in the video had the front bumper and aluminum skid plate for underbody protection removed. 
&#8220;&#8230;if you plan to drive into fences probably best not to remove the front bumper and aluminum skid plate that come stock,&#8221; Morrill wrote. He also added that battery armor and rock sliders will be available as a retrofit option on the Cybertruck by the end of this year to ensure added protection to the vehicle when off-roading. 
Morrill is Cybertruck's lead engineer at Tesla.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Battery armor and Rock sliders will be available as a retrofit option end of this year. Also if you plan to drive into fences probably best not to remove the front bumper and aluminum skid plate that come stock.
&mdash; Wes (@wmorrill3) <a href="https://twitter.com/wmorrill3/status/1833159231719305372?ref_src=twsrc%5Etfw">September 9, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: Tesla says that the Cybertruck is durable and rugged enough to go anywhere. However, videos have emerged showing otherwise.
Late last month, Morrill took to X to respond to another video showing the <a href="https://www.benzinga.com/news/24/08/40569195/tucker-carlsons-cybertruck-mud-woes-prompt-tesla-engineer-to-consider-stuck-detection-feature">Cybertruck getting stuck in a swamp</a> in rural Maine and having to be subsequently pulled out. 
Morrill then pinned the incident on drivers in the video not taking the necessary precautions to offroad through the mud. Any truck, he noted, may have been stuck in the same situation.
"No one is an expert the first time they drive off-road but anyone can learn," Morrill said while adding that he has been considering a "stuck detection" feature on the truck.
Stuck detection, he said, will give Cybertruck drivers pop-up suggestions like try raising the ride height in case they get stuck and do not know how to get out. 
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/24/09/40785971/teslas-weekly-insurance-registrations-cross-16k-in-china-on-track-for-their-best-quarter-ever-says-b">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

Tech

TSLA

Tesla Engineer Pins Video Of Cybertruck Sustaining Damage On Driving Through Fence To Removal Of Stock Parts

Today, Bank of America announced that it has raised its&nbsp;U.S. minimum hourly wage to $24 per hour, the latest step in the company's commitment to $25 by 2025. With the increase, the minimum annualized salary for full-time employees in the U.S. will rise to nearly $50,000. The increase applies to all full-time and part-time hourly positions in the U.S.

Bank of America Boosts U.S. Minimum Wage to $24 an Hour, Full-Time Workers Now Earn $50K Annually

JMP Securities analyst Patrick Walravens upgrades Oracle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) from Market Perform to Market Outperform and announces $175 price target.

Upgrades

ORCL

JMP Securities Upgrades Oracle to Market Outperform, Announces $175 Price Target

CEO of Creative Strategies, Ben Bajarin, anticipates a significant upgrade cycle for Apple&#8217;s newly announced iPhone 16, 
What Happened: Bajarin discussed the potential for a supercycle, similar to the one that occurred with previous iPhone releases during<a href="https://www.cnbc.com/closing-bell-overtime/"> CNBC&#8217;s</a> &#8220;Closing Bell Overtime&#8221; on Monday. He pointed out that Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) has a large aging installed base, with many users still using four and five-year-old iPhones.
&#8220;I think that within the iPhone 16 line, they have offered enough value that I think that&#8217;s going to convince a lot of consumers,&#8221; Bajarin said. He also noted a shift towards the iPhone Pro in recent years, but believes this might rebalance with the iPhone 16 due to its packed features and aggressive carrier updates.
Bajarin expressed confidence in the strength of the base-level iPhone 16, calling it the &#8220;strongest&#8221; they&#8217;ve launched in some time. He does not foresee a drastic pulling forward of upgrades based on the hardware alone, but predicts a portion of the aging base will upgrade within the next six months.
See Also: <a href="https://www.benzinga.com/news/24/09/40765746/apples-iphone-16-launch-parade-on-monday-gets-rained-on-by-huawei-chinese-companys-tri-fold-phone-ge?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Apple&#8217;s iPhone 16 Launch Parade On Monday Gets Rained On By Huawei: Chinese Company&#8217;s Tri-Fold Phone Gets &nbsp;Over A Million Orders In Just 7 Hours</a>
Why It Matters: The iPhone 16,<a href="https://www.benzinga.com/news/24/09/40780100/apple-intelligence-ready-iphone-16-with-faster-processor-dedicated-camera-button-announced-check-pri"> introduced at the "Glowtime" event</a>, is designed for Apple Intelligence from the ground up, according to CEO Tim Cook. Among its multiple features, it boasts a faster processor and a dedicated camera button.
However, the new iPhone series has <a href="https://www.benzinga.com/news/24/09/40785959/iphone-16-fails-to-sway-some-chinese-buyers-im-going-to-buy-huaweis-tri-fold-phone-missing-ai-featur">faced some criticism</a>. It failed to impress some Chinese buyers due to its lack of AI features, with the AI software, Apple Intelligence, only set to be available in Chinese language next year.
Furthermore, Apple continues to restrict its <a href="https://www.benzinga.com/news/24/09/40785410/those-esim-only-iphone-16-models-remain-exclusive-to-us-market-rest-of-the-world-still-gets-the-phys">eSIM-only iPhone 16 models</a> with 5G mmWave to the U.S. market, maintaining its previous strategy.
Price Action: Apple was trading 1.18% lower at the time of writing in the pre-market on Tuesday, according to <a href="https://pro.benzinga.com">Benzinga Pro</a>.
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>
Photo courtesy: Apple
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>

General

AAPL

Apple's iPhone 16 Could Trigger A Massive Upgrade Cycle, Says Expert: 'They Have Offered Enough Value'

Guggenheim analyst Vamil Divan initiates coverage on ProKidney (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PROK#NASDAQ">PROK</a>) with a Buy rating and announces Price Target of $6.

PROK

Guggenheim Initiates Coverage On ProKidney with Buy Rating, Announces Price Target of $6

Elon Musk‘s spacecraft manufacturing company SpaceX on Tuesday successfully launched the <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">all-civilian Polaris Dawn crew</a> composed of four, including Shift4 Payments CEO Jared Isaacman, to low-Earth orbit to conduct the first-ever private spacewalk.
What Happened: SpaceX&#8217;s Falcon 9 rocket launched the mission to space from NASA's Kennedy Space Center in Florida at around 5:23 a.m. ET.
SpaceX&#8217;s Dragon spacecraft and the all-civilian Polaris Crew composed of four including its mission commander&nbsp;<a href="https://www.benzinga.com/sec/insider-trades/0001805608/jared-isaacman" target="_blank" rel="noreferrer noopener">Isaacman</a>, Kidd Poteet, Sarah Gillis, and Anna Menon will spend up to five days in orbit. While Isaacman and Poteet worked together at Shift4, Gillis and Menon are SpaceX engineers. 
The Polaris Dawn mission was initially&nbsp;<a href="https://www.benzinga.com/news/24/08/40501311/spacex-delays-launch-of-private-human-spaceflight-mission-polaris-dawn-program-founder-jared-isaacma" target="_blank" rel="noreferrer noopener">slated to launch in late August</a>&nbsp;but has been postponed multiple times since owing to a<a href="https://www.benzinga.com/news/24/08/40569255/spacex-postpones-landmark-polaris-dawn-mission-launch-to-wednesday-after-identifying-helium-leak-elo" target="_blank" rel="noreferrer noopener">&nbsp;helium leak</a>&nbsp;in ground equipment on the launchpad and&nbsp;<a href="https://www.benzinga.com/news/24/08/40592730/spacexs-first-commercial-spacewalk-delayed-by-unfavorable-weather-elon-musk-led-company-has-no-new-d" target="_blank" rel="noreferrer noopener">unfavorable weather forecast.</a>&nbsp;SpaceX is prioritizing crew safety given the increased risk associated with the mission, Musk previously said about the delays.
Why It Matters:&nbsp;Polaris Dawn is the first of up to three human spaceflight missions planned under the Polaris program founded by&nbsp;Shift4 Payments&nbsp;CEO&nbsp;Jared Isaacman.
The key objective of the mission is to <a href="https://www.benzinga.com/news/24/08/40437487/elon-musk-says-polaris-dawn-mission-will-be-epic-as-spacex-gears-up-for-its-first-spacewalk" target="_blank" rel="noreferrer noopener">conduct a spacewalk</a> nearly 435 miles above the Earth donning SpaceX-designed extravehicular activity spacesuits and marking the first-ever spacewalk by a commercial company.
While space agency NASA routinely conducts extravehicular activities, no private player has attempted it before, making this a landmark mission for SpaceX and commercial spaceflight companies. The spacewalk is scheduled for Thursday and will last about 20 minutes.
The crew will also conduct several research and science experiments on the mission.
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/24/09/40766744/elon-musk-says-tesla-will-open-a-lot-more-superchargers-asks-ev-enthusiasts-for-input-on-where-to-in" target="_blank" rel="noreferrer noopener">Elon Musk Says Tesla Will Open ‘A Lot More Superchargers,&#8217; Asks EV Enthusiasts For Input On Where To Install Them Next</a></li>
</ul>
Photo courtesy: Polaris Dawn

SPACE

SpaceX Launches Polaris Dawn Crew To Space With Aim Of First-Ever Private Spacewalk

Bernstein analyst Brendan Luecke initiates coverage on GE Aero (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>) with a Outperform rating and announces Price Target of $201.

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