Latest news for OneMeta (OTC:ONEI) Stock

OneMeta Inc operates to develop artificial intelligence products that enable companies and individuals to reach their highest potential by eliminating language barriers in daily communications by providing high-quality, accurate, and efficient interpretation and translation services using natural language processing (NLP) technology. The company's focus is on developing a proprietary architecture that is faster and more accurate than any other company, with a commitment to providing superior quality services to its customers. It intends to serve a wide variety of markets and customers and will be focused on becoming a leader in the creation of pragmatic products for the interpretation and translation industry.

World Labs Raises $100 million

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TCEHY

DeepL, a prominent artificial intelligence translation startup from Germany, introduced traditional Chinese as a new language option. This move aims to enhance its footprint in Asia.

Mark Zuckerberg Family Office-Backed Google Translate Rival DeepL Expands Language Offerings With Traditional Chinese Targeting Baidu, Tencent

Screenshot 2024-06-07 at 5.33.05 PM

Movers & Shakers

In A Show Of Confidence For OneMeta&#39;s AI Technology, Microsoft Adds Verbum For Teams To Its App Stores

Screenshot 2024-05-28 at 5.43.49 PM

Emerging Markets

OneMeta&#39;s AI Transforms Global Communication With Cutting-Edge Translation And Transcription

OneMeta Inc

ARBK

Argo Blockchain Notified Of Non-Compliance With Nasdaq's $1 Minimum Bid Price Rule

Macro Economic Events

Econ #s

Economics

U.K. Retail Sales (MoM) For December -0.3% Vs. 0.4% Est.; 0.1% (Revised) Prior

U.K. Retail Sales (YoY) For December 3.6% Vs. 4.2% Est.; 0.0% (Revised) Prior

U.K. Core Retail Sales (MoM) For December -0.6% Vs. 0.1% Est.; 0.1% (Revised) Prior

U.K. Core Retail Sales (YoY) For December 2.9% Vs. 3.6% Est.; -0.5% (Revised) Prior

The operating partnership intends to use the net proceeds from this offering to repay amounts outstanding from time to time under its lines of credit and its commercial paper program, and for other general corporate and working capital purposes, including funding potential acquisition opportunities.

Reported Earlier, Extra Space Prices $350M Add-On Offering Of 5.500% Senior Notes Due 2030

<ul>
<li>Q4 Revenue and EBITDA Negatively Impacted by Customer-Driven Project Delays</li>
<li>Tremendous Q4 Bookings at Over $210 million Establishes New Record and Highest-Ever Backlog</li>
<li>Completed Acquisition of Verantis in Late Q4 and Announces Intention to Divest Fluid Handling Business</li>
<li>2025 Full Year Outlook Affirmed</li>
</ul>

CECO

Reported Earlier, CECO Environmental Reports Preliminary 2024 Revenue of $555M–$558M ($577.326M Est.) Down From $575M-$600M And Record $210M Q4 Bookings

IPOs

HVII

Reported Earlier, Hennessy Capital Investment Corp. VII Prices $175M Initial Public Offering Of 17.5M Units At $10/Unit

"Limertinib has demonstrated significant efficacy and safety in NSCLC patients with EGFR T790M mutation and EGFR-sensitive mutations. Patients treated with limertinib showed a reduced risk of CNS progression or death. This approval brings new hope and options to patients with advanced EGFR-mutated NSCLC in China," said Professor Shi Yuankai, MD, Department of Medical Oncology at Chinese Academy of Medical Sciences and Principal Investigator of the Phase 2b and Phase 3 clinical studies.

IVBIY

Reported Earlier, Innovent And ASK Pharm Announce NMPA Approval Of Limertinib For Advanced EGFR T790M-Mutated Lung Cancer

The distribution of shares of Twin Common Stock will be made on a pro rata basis to all&nbsp;holders of FAT Brands' Class A Common Stock and Class B Common Stock as of&nbsp;the close of trading on&nbsp;January 27, 2025 (the "record date"). The distribution will take the form of a special dividend of 0.1520207 share of Twin Common Stock distributed with respect to each one share of FAT Brands Class A Common Stock and Class B Common Stock outstanding as of the record date. The shares of Twin Common Stock are expected to be delivered after the close of trading on January 29, 2025 (the&nbsp;"distribution date"), subject to the satisfaction or waiver of certain conditions, and commence trading on the Nasdaq Global Market under the symbol "TWNP" on the next trading day.&nbsp;

Reported Earlier, FAT Brands Announces January 27, 2025, Record Date For Special Stock Dividend Ahead Of Twin Hospitality Spin-Off

&nbsp;i-80 GOLD CORP announces that, in connection with its previously announced prospectus offering of common shares of the Company (the "Shares") for aggregate gross proceeds of US$10,000,000 (the "Offering"), it has set the pricing of the Shares to be offered at C$0.80 (the "Offering Price").
 &nbsp;

IAUX

Reported Earlier, i-80 Gold Sets Pricing At C$0.80/Share For $10M Prospectus Offering

EV giant Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) has extended the free lifetime supercharging offer on foundation series Cybertrucks in its inventory to Jan. 31.
What Happened: Benzinga first noted the&nbsp;<a href="https://www.benzinga.com/tech/24/12/42524912/teslas-99k-foundation-series-cybertrucks-still-available-a-sign-of-possible-demand-hurdles" target="_blank" rel="noreferrer noopener">foundation series Cybertrucks in Tesla's inventory</a>&nbsp;in mid-December. Tesla has, since then, added offers&nbsp;<a href="https://www.benzinga.com/tech/24/12/42712707/tesla-offers-free-lifetime-supercharging-with-foundation-series-cybertruck-as-it-looks-to-clear-inventory" target="_blank" rel="noreferrer noopener">including free supercharging</a>&nbsp;on the vehicle if the order is placed on or after Dec. 27. The offer, it then said, will only be available for a limited time.
However, weeks later, there are still foundation-series Cybertrucks left in the inventory and the company is continuing to offer free supercharging during the period of initial ownership. 
The company now says on its website that it has extended the &#8220;limited&#8221; offer to orders placed on or after Dec. 27 and delivered by Jan. 31.
Why It Matters: The foundation series refers to a limited and pricier edition of the Cybertruck with laser-etched foundation series badges and premium accessories and a starting price of $99,990 for the base version.&nbsp;Tesla made only the foundation series Cybertrucks for the first few months of deliveries.
In October, however, Tesla started selling the <a href="https://www.benzinga.com/25/01/42891397/non-foundation-series-cheaper-cybertrucks-join-tesla-inventory">regular version of Cybertruck</a> priced about $20,000 lower than the foundation series. Demo vehicles as well as new Foundation series trucks <a href="https://www.benzinga.com/tech/25/01/42837223/teslas-foundation-series-cybertruck-inventory-still-haunts-elon-musk-led-ev-giant-despite-offers">continue to be sold</a> in its inventory. 
According to data from automotive research firm Kelley Blue Book, the Cybertruck was Tesla's third best-selling vehicle in the U.S. in 2024, after its mass-market offerings Model 3 and Model Y.
The company sold&nbsp;<a href="https://www.benzinga.com/25/01/42967593/cybertruck-sales-rise-in-2024-weighed-down-on-tesla-model-s-deliveries-in-us-shows-data" target="_blank" rel="noreferrer noopener">38,965 units in the 12 months through the end of December</a>, significantly higher than the number of Tesla Model S or Model X sold in the country.
Check out more of Benzinga'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 Next:
<ul>
<li><a href="https://www.benzinga.com/25/01/43024116/li-auto-says-l6-suv-deliveries-crossed-200000-units-in-less-than-9-months-of-launch" target="_blank" rel="noreferrer noopener">Tesla Rival Li Auto Says L6 SUV Deliveries Crossed 200,000 Units In Less Than 9 Months Of Launchations</a></li>
</ul>
Photo courtesy: Tesla

TSLA

Tesla Extends Free Lifetime Supercharging Offer On Foundation Series Cybertruck Till Jan End

Chinese state-sponsored hackers have reportedly breached U.S. Treasury Secretary Janet Yellen's computer.
What Happened: The hackers also accessed the computers of deputy secretary Wally Adeyemo and acting under secretary Brad Smith, <a href="https://www.bloomberg.com/news/articles/2025-01-16/chinese-hacked-us-treasury-secretary-yellen-s-computer-in-breach?srnd=homepage-asia">reported</a> Bloomberg, citing two people familiar with the matter.&nbsp;
The breach managed to access less than 50 unclassified files from Yellen&#8217;s computer. The overall impact was far more extensive — with hackers accessing over 400 laptop and desktop machines, the report noted, citing a Treasury report reviewed by the publication.
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/43021026/apple-stock-has-moved-up-4-2-since-iphone-16-launched-analyst-says-it-has-another-8-upside-as-manufacturing-cost-decline-bolsters-cupertinos-margins">Apple Stock Has Moved Up 4.2% Since iPhone 16 Launched, Analyst Says It Has Another 8% Upside As Manufacturing Cost Decline Bolsters Cupertino&#8217;s Margins</a>
The intruders identified as the &#8220;Silk Typhoon&#8221; and &#8220;UNC5221,&#8221; seem to have been focused on information about sanctions, intelligence, and international affairs. However, they did not access the department&#8217;s email or classified systems.
The hackers were also able to obtain&nbsp; &#8220;law enforcement sensitive&#8221; data and information on investigations by the Committee on Foreign Investment in the U.S.
The congressional aides and lawmakers on Capitol Hill were briefed about the hack on Wednesday and Thursday.&nbsp;
Subscribe to the <a href="https://bztechtrends.beehiiv.com/subscribe">Benzinga Tech Trends newsletter</a> to get all the latest tech developments delivered to your inbox.
Why It Matters: This incident is the latest in a series of cyberattacks attributed to the Chinese government, targeting key U.S. federal departments.
Last month also it was reported that the Treasury was targeted by a Chinese <a href="https://www.benzinga.com/news/global/24/12/42734671/china-linked-hackers-breach-us-department-of-treasury">state-sponsored hacking group</a>.
In November 2024, a <a href="https://www.benzinga.com/news/24/11/42154276/us-confronts-chinese-cyber-espionage-threat-worst-telecom-hack-in-our-nations-history">major cyber-espionage campaign</a> by Chinese hackers targeted U.S. telecom providers, compromising phone calls and text messages.
Earlier in the year, the Federal Bureau of Investigation had also warned of Chinese hackers potentially <a href="https://www.benzinga.com/markets/asia/24/04/38346345/chinese-hackers-may-control-your-water-and-are-laying-in-wait-fbi-warns-3-startups-to-watch">controlling critical U.S. infrastructure</a>, including water-treatment facilities and energy grids. 
Photo via Shutterstock.
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/01/43018848/those-are-air-bubbles-the-time-steve-jobs-rejected-the-first-ipod-prototype-and-pushed-apple-engineers-to-think-smaller" target="_blank" rel="noreferrer noopener">Steve Jobs Dropped The First iPod Prototype In A Fish Tank And It Wasn&#8217;t To Test If It Was Waterproof</a></li>
</ul>

Media

Janet Yellen's Computer Hacked By Chinese Hackers, Attackers Obtain 'Law Enforcement Sensitive' Data By Targeting US Treasury Department

Activist investor Starboard Value LP has reportedly acquired a 7.7% stake worth approximately $500 million in Qorvo Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QRVO#NASDAQ">QRVO</a>) on Thursday, targeting the struggling semiconductor manufacturer for potential operational changes.
What Happened: The stake, led by Starboard CEO Jeff Smith, comes as Qorvo faces mounting challenges in the radio frequency chip market, reported the Wall Street Journal, <a href="https://www.wsj.com/finance/starboard-builds-big-stake-in-chip-maker-qorvo-7a18a71f">citing</a> sources. 
The Greensboro, N.C.-based company&#8217;s shares have declined nearly 28% over the past year amid intensifying competition from rivals like Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) and Skyworks Solutions Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWKS#NASDAQ">SWKS</a>).
The investment represents a return to familiar territory for Starboard, which previously held a position in TriQuint Semiconductor before its 2014 merger with RF Micro Devices to form Qorvo. The activist firm has maintained a strong presence in the semiconductor sector, with past investments in NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Marvell Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>).
Qorvo&#8217;s recent performance has worried investors, with the company&#8217;s shares tumbling after missing Wall Street&#8217;s quarterly projections. CFO Grant Brown acknowledged these challenges in October, citing weaker demand for premium smartphones and announcing factory consolidation efforts to improve profitability.
Qorvo did not immediately respond to <a href="http://pro.benzinga.com/" target="_blank" rel="noreferrer noopener">Benzinga</a>'s request for comment.
See Also: <a href="https://www.benzinga.com/markets/equities/25/01/43047812/bill-ackman-calls-hindenburg-researchs-closure-a-big-loss-praises-short-sellers-contribution-to-capital-markets">Bill Ackman Says Hindenburg Research Closing &#8216;A Big Loss,&#8217; Praises Short Seller&#8217;s Contribution To Markets: &#8216;Short Selling Is Really Hard&#8217;</a>
Why It Matters: The chip maker, currently valued at approximately $7 billion, has struggled to maintain its market position as consumers shift toward entry-level Android devices. Wall Street analysts maintain a <a href="https://www.benzinga.com/quote/QRVO/analyst-ratings">consensus price target</a> of $97.65, though recent assessments from Goldman Sachs, Mizuho, and Loop Capital suggest more modest expectations with an average target of $77.
<figure class="wp-block-image aligncenter size-large is-resized"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17000713/Screenshot-2025-01-17-at-10.36.23%E2%80%AFAM-1024x376.png" alt="" class="wp-image-738146" style="width:540px;height:auto" /></figure>
Starboard&#8217;s investment in Qorvo adds to its <a href="https://www.benzinga.com/markets/equities/24/10/41419988/tylenol-listerine-maker-kenvue-under-activist-spotlight-with-starboard-value-stake-overhaul-ahea">recent string of activist positions</a>, including stakes in Pfizer Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFE#NYSE">PFE</a>), Kenvue Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KVUE#NYSE">KVUE</a>), and Riot Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIOT#NASDAQ">RIOT</a>).
Price Action: Qorvo surged 7.08% in after-hours trading to $78.80 on Thursday. The stock closed at $73.59, down 0.77% on the regular trading session, and has fallen 27.43% over the past year, according to <a href="https://www.benzinga.com/pro/">data from Benzinga Pro</a>.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/equities/25/01/43047766/jim-cramer-questions-nvidias-trading-pattern-amid-positive-tsmc-earnings-and-bidens-china-export-regulations">Jim Cramer Questions Nvidia&#8217;s Trading Pattern Amid Positive TSMC Earnings And Biden&#8217;s China Export Regulations</a></li>
</ul>
Image Via Shutterstock 
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Equities

AVGO

KVUE

MRVL

NVDA

QRVO

RIOT

SWKS

Qorvo Soars 7% After Hours As Activist Investor Starboard Reportedly Takes Stake In Semiconductor Company

Chinese EV-making giant BYD Co Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) has now overtaken its American rival Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) twice in quarterly battery electric vehicle (BEV) sales in the past two years as competition intensified.
What Happened: BYD first <a href="https://www.benzinga.com/24/12/42680542/tesla-or-byd-which-ev-giant-will-sell-more-battery-electric-vehicles-in-q4">took over Tesla</a> as the world&#8217;s biggest BEV seller in the last quarter of 2023. Tesla took back the crown in the first quarter of 2024 and kept it for three consecutive quarters.
However, in the fourth quarter of 2024, <a href="https://www.benzinga.com/25/01/42780142/chinese-player-byd-overtakes-tesla-yet-again-as-worlds-biggest-ev-seller-in-q4">BYD took back the title</a> after selling 595,413 BEVs, significantly higher than the 495,570 delivered by Tesla in the period. 
For the entirety of 2024, BYD sold 1,764,992 BEVs, or just 24,234 units less than Tesla. 
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="690" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/16234455/FAQAk-quarterly-bev-sales-tesla-vs-byd-1024x690.png" alt="" class="wp-image-738126" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/16234455/FAQAk-quarterly-bev-sales-tesla-vs-byd-1024x690.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/16234455/FAQAk-quarterly-bev-sales-tesla-vs-byd-300x202.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/16234455/FAQAk-quarterly-bev-sales-tesla-vs-byd-768x518.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/16234455/FAQAk-quarterly-bev-sales-tesla-vs-byd.png 1240w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
BYD also makes plug-in hybrids (PHEVs) in addition to BEVs, unlike Tesla which makes only BEVs, giving it another addressable market segment.
According to data research firm Rho Motion, 17.1 million EVs, including BEVs and PHEVs, will be sold in 2024.
In 2024, BYD sold 4.25 million passenger vehicles (both BEVs and PHEVs), accounting for roughly 25% of the world&#8217;s total EV sales in the period.
Tesla, in the period, sold 1.79 vehicles, or just 10.5% of overall global EV sales. 
Why It Matters: Tesla CEO Elon Musk dismissed BYD as a competitor in a Bloomberg <a href="https://www.bloomberg.com/news/videos/2023-12-27/in-2011-tesla-ceo-musk-mocked-chinese-competitor-byd-video">interview</a> in 2011.
&#8220;Have you seen their car?&#8221; Musk then laughed when the reporter asked about BYD rivaling his EV company. He added that he does not think the BYD product is &#8220;particularly attractive.&#8221;
The billionaire CEO, however, did a complete U-turn on this statement in January 2024. 
&#8220;Frankly, I think if there are not trade barriers established, they will pretty much demolish most other car companies in the world. So they&#8217;re extremely good." the CEO said about Chinese EV makers during the company&#8217;s earnings call after BYD trumped Tesla in quarterly deliveries for the first time. 
The rivalry between the two EV makers has only intensified since. In Q3 2024, BYD <a href="https://www.benzinga.com/news/24/10/41647639/teslas-chinese-rival-byd-outshines-elon-musks-ev-giant-in-quarterly-revenue-for-first-time-since-202">trumped Tesla in quarterly revenue</a> for the first time since 2022. BYD stopped making combustion engine vehicles in March 2022 to focus on electric vehicles.
Check out more of Benzinga'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 Next:
<ul>
<li><a href="https://www.benzinga.com/25/01/43024116/li-auto-says-l6-suv-deliveries-crossed-200000-units-in-less-than-9-months-of-launch">Tesla Rival Li Auto Says L6 SUV Deliveries Crossed 200,000 Units In Less Than 9 Months Of Launch</a></li>
</ul>
Photo courtesy: Shutterstock

BYDDY

In 2011, Elon Musk Mocked Tesla Rival BYD. Fast Forward To 2024, The Chinese Automaker Is The Only Real Contender To TSLA's Global Dominance

Reported Earlier, Chinese Unemployment Rate For December 5.1% Vs. 5.0% Est.; 5.0% Prior

Reported Earlier, China Industrial Production Year to Date (YoY) For December 5.8% Vs. 5.8% Prior

Reported Earlier, China Industrial Production (YoY) For December 6.2% Vs. 5.4% Est.; 5.4% Prior

Reported Earlier, China Gross Domestic Product Year to Date (YTD) YoY For Q4 5.0% Vs. 4.8% Prior

Reported Earlier, China Gross Domestic Product (YoY) For Q4 5.4% Vs. 5.0% Est.; 4.6% Prior

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
The market rally is causing investors to become more and more aggressive recently, and I believe this trend could accelerate as the rally continues. Thus, it seems to be a good time to buy some speculative stocks. Sub-$1 <a href="https://investorplace.com/stock-types/penny-stocks/">penny stocks</a> are as speculative as you can get in the stock market. It&rsquo;s not enough for the stock to be listed on any major exchange, so we&rsquo;re almost dealing with pure pink sheets here, except for two stocks.



These companies have very little information about them available online and are rarely covered by analysts. Regardless, if these companies land big contracts or capture a good amount of market share in their sectors, you can easily realize 10,000%-plus gains from them in a short amount of time. The inverse is also true, so you should be very careful about what you&rsquo;re putting your money into. You&rsquo;ll only find lottery tickers below $1.



So, let&rsquo;s explore the seven sub-$1 penny stocks that may be worthy of consideration. 



<h2>NamSys (NMYSF)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/03/bonus-pay-money-300x169.jpg" alt="100 dollar bills being passed from one hand to the other. Can represent stimulus checks or payment. millionaire-maker stocks"><div>Source: Maryna Pleshkun/Shutterstock.com</div></div>NamSys Inc. (OTCMKTS:<a href="https://investorplace.com/stock-quotes/nmysf-stock-quote/">NMYSF</a>) provides cloud-based cash management and currency processing software solutions, primarily serving the banking and retail sectors in North America. It has a SaaS business model, which is driving robust recurring revenue growth.



The company <a href="https://www.google.com/finance/quote/CTZ:CVE" target="_blank">reported total revenue of 1.66 million CAD</a> for the quarter, up an impressive 9.3% year-over-year (YOY). Notably, recurring revenue from software subscriptions, hosted services and product support surged 9.2% to 1.64 million CAD. Its flagship Cirreon Smart Safe platform is also very sticky and has little customer churn. Additionally, gross margins expanded by 1.8 percentage points to a healthy 63%.



While the stock has treaded water over the past five years, NamSys&rsquo; accelerating financial momentum could be the catalyst to propel shares significantly higher going forward.



<h2>MariaDB (MRDB)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/cloud1600c-300x169.jpg" alt="image of a cloud surrounded by various symbols related to internet connectivity and interaction"><div>Source: Shutterstock</div></div>MariaDB (NYSE:<a href="https://investorplace.com/stock-quotes/mrdb-stock-quote/">MRDB</a>) is a cutting-edge cloud database company providing businesses with an open-source relational database solution. MRDB&rsquo;s flagship product offers cross-cloud flexibility and universal accessibility that appeals to organizations of all sizes. Developers praise its intuitive design, adaptability and game-changing impact within the open-source domain. In fact, it&rsquo;s been <a href="https://mariadb.com/database-topics/mariadb-vs-mysql/" target="_blank">downloaded over one billion times to date</a> and has dethroned MySQL as the go-to in Linux distributions.



Despite a rocky five-year stock performance, MariaDB seems to be orchestrating an impressive turnaround in recent months. Shares have skyrocketed more than 100% year-to-date (YTD). So, if the company can sustain its current growth trajectory, this rally could still have plenty of runway ahead.



Admittedly, gaping losses have been MariaDB&rsquo;s Achilles heel in years past. However, management deserves kudos for slashing those deficits dramatically over the last three quarters. In Q1 of 2024, net losses <a href="https://www.google.com/finance/quote/MRDB:NYSE" target="_blank">narrowed</a> to $3.5 million from $17.6 million two quarters ago. Similarly, the operating cash burn was more than halved to $7.2 million.



Now, MariaDB is by no means out of the woods just yet. Liquidity concerns can&rsquo;t be brushed aside. But if the company continues executing on its streamlining initiatives while driving breakneck top-line expansion, MRDB could deliver big upside.



<h2>5G Networks (MLBEF)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/04/global-earth-connections-mapped-300x169.jpg" alt="Global network of map points"><div>Source: Blue Planet Studio/Shutterstock.com</div></div>While the &ldquo;5G&rdquo; in its name may confuse some investors, the company actually has no relation to the 5G cellular standard rollout by telcos. Instead, 5G Networks (OTCMKTS:<a href="https://investorplace.com/stock-quotes/mlbef-stock-quote/">MLBEF</a>) is determined to be the one-stop-shop for Oceania businesses&rsquo; entire cloud and connectivity needs. The <a href="https://5gnetworks.au/news/webcentral-and-5g-networks-agree-to-merge/" target="_blank">merger with Webcentral</a> has created Australia&rsquo;s largest independent provider in this space. It now commands over 330,000 customers.



<a href="https://www.google.com/finance/quote/5GN:ASX" target="_blank">Revenues were 96.1 million AUD</a>, which was basically flat for all of 2023. However, the company trimmed losses by 23.57%. I believe it has enough cash to handle losses until it turns profitable since the company is already giving cash back to shareholders. Also, 5G Networks has announced the cancellation of 816,123 of its ordinary fully paid shares following an on-market buy-back process concluded on June 28, 2024. It repurchased a total of 3,678,256 ordinary fully paid shares on the previous trading day. This is part of a larger cumulative buy-back of 20,943,629 shares to date, as <a href="https://www.tipranks.com/news/company-announcements/5g-networks-limited-continues-share-buy-back-4" target="_blank">reported by TipRanks</a>.



I personally think this is a bit premature, given the company hasn&rsquo;t achieved profitability yet. However, it is still promising.



<h2>Zoomd Technologies (ZMDTF)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/12/digital_marketing_16-300x169.png" alt="a photo of someone typing on a laptop on a wooden table with computer-related images"><div>Source: My Life Graphic/Shutterstock.com</div></div>Zoomd Technologies (OTCMKTS:<a href="https://investorplace.com/stock-quotes/zmdtf-stock-quote/">ZMDTF</a>) is a rising star in the marketing technology arena. Based on their latest earnings report, I believe this sub-$1 penny stock has the potential for explosive growth. The company&rsquo;s revenue <a href="https://zoomd.com/zoomd-technologies-reports-first-quarter-2024-financial-results/" target="_blank">increased by 16%</a> compared to the previous quarter, and profitability is finally within reach after six consecutive quarters of net losses.



Last year, management made tough but necessary strategic decisions to refocus the business. Those moves are clearly paying off. Operating profit surged nearly 950% quarter-over-quarter to $0.6 million. Adjusted EBITDA also skyrocketed by $1 million to reach $1.2 million. ZMDTF achieved this while keeping capital expenditures steady, showing an impressive ability to drive higher returns without overextending.



With a cash balance of $2.3 million and no long-term debt, Zoomd Technologies looks well-positioned to capitalize on the booming digital advertising market. Its unified user acquisition platform should see robust demand as more businesses shift ad dollars online.



<h2>OneMeta (ONEI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/software1600d-300x169.jpg" alt="A man examines a digital screen with different icons for software."><div>Source: Shutterstock</div></div>OneMeta (OTCMKTS:<a href="https://investorplace.com/stock-quotes/onei-stock-quote/">ONEI</a>) aims to break down global communication barriers with AI-powered software. The company reported a tiny revenue of <a href="https://www.google.com/finance/quote/ONEI:OTCMKTS" target="_blank">$5,387 for the first quarter of 2024</a>, a 70% increase compared to the same period last year.



Despite the losses, I believe OneMeta holds good potential. Their flagship product transforms smartphones into personal translators. This technology could revolutionize international communication. In April 2024, they <a href="https://www.accesswire.com/856368/onemeta-begins-translation-services-for-the-archdiocese-of-oklahoma-city" target="_blank">began</a> providing translation services for the Archdiocese of Oklahoma City. Also, they claimed to have reduced translation and transcription speed to under 200 milliseconds.



However, you should keep the risks in mind. The company operates in a competitive space, with tech giants heavily investing in translation technologies.



Nonetheless, OneMeta&rsquo;s stock has surged 117% over the past year. If the company can effectively scale its services and show a clear roadmap to profitability, I believe OneMeta could become a major player in the global communication space.



<h2>Skkynet Cloud Systems (SKKY)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/09/cloud-computing-300x169.jpg" alt="an image of a cloud imprinted on a circuit board lit up by blue circuit lights. AVCT stock. cloud computing stocks"><div>Source: Blackboard / Shutterstock</div></div>Skkynet Cloud Systems (OTCMKTS:<a href="https://investorplace.com/stock-quotes/skky-stock-quote/">SKKY</a>) provides industrial companies with real-time data and cloud solutions. The market for these services is growing strongly due to the AI and machine learning boom. Startups like Skkynet Cloud Systems are well-positioned to benefit from this trend as more companies look to diversify their cloud operations beyond Big Tech providers.



In Q2 of fiscal year 2024, Skkynet&rsquo;s <a href="https://seekingalpha.com/filings/pdf/17621353" target="_blank">revenue increased 28% YOY to $601,806</a>. While still a small company, this growth is encouraging. However, losses did expand.



SKKY ended the quarter with $1.03 million in cash, up from $916,780 in October 2023. Its balance sheet looks clean, with minimal liabilities. Deferred revenue, a key indicator of future growth, stands at $372,451.



While still losing money, I&rsquo;m optimistic about the company&rsquo;s prospects in the fast-growing industrial cloud space. If it can continue scaling rapidly and win new enterprise contracts, we could see this sub-$1 stock deliver explosive returns in the coming years.



<h2>Global Mofy Metaverse (GMM)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/06/metaverse-1600-300x169.png" alt="Illustration of the metaverse. A young boy wearing a VR headset is in the metaverse."><div>Source: PopTika / Shutterstock</div></div>Global Mofy Metaverse Limited (NASDAQ:<a href="https://investorplace.com/stock-quotes/gmm-stock-quote/">GMM</a>) is a technology solutions company focused on virtual content for the metaverse. While I see immense potential in this burgeoning industry, the metaverse remains a niche market that may be ahead of its time for mainstream adoption.



However, Global Mofy Metaverse&rsquo;s recent moves and financial results suggest it could be a pioneer in this space. The company&rsquo;s <a href="https://www.stocktitan.net/news/GMM/global-mofy-metaverse-launches-69-million-fund-with-strategic-rycf3kvnexo2.html" target="_blank">$69 million fund launch</a> could lead to aggressive growth.



Plus, I&rsquo;m optimistic about the partnership between GMM&rsquo;s subsidiary, Gauss AI, and Heartdub to develop a generative video AI platform, which could lead to something meaningful. Global Mofy Metaverse&rsquo;s record fiscal 2023 revenue of $26.9 million is pretty solid for a penny stock.



Regardless, the price is below Nasdaq&rsquo;s $1 minimum, so keep an eye out for a reverse split.



On Penny Stocks and Low-Volume Stocks:&#8239;With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That&rsquo;s because these &ldquo;penny stocks&rdquo; are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that&#8239;InvestorPlace.com&rsquo;s writers disclose this fact and warn readers of the risks.



Read More:&#8239;Penny Stocks &mdash;&nbsp;<a href="https://investorplace.com/2014/05/fraud-penny-stocks-scams/" target="_blank">How to Profit Without Getting Scammed</a>



On the date of publication, Omor Ibne Ehsan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines.</a>



On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.
<div>Omor Ibne Ehsan is a writer at InvestorPlace. He is a self-taught investor with a focus on growth and cyclical stocks that have strong fundamentals, value, and long-term potential. He also has an interest in high-risk, high-reward investments such as cryptocurrencies and penny stocks. You can follow him on <a href="https://www.linkedin.com/in/omor-ibne-ehsan-56068022b/">LinkedIn</a>.</div><h3>More From InvestorPlace</h3>
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OneMeta AI (ONEI) just unveiled an update. OneMeta, Inc. has partnered with Five9, Inc., a leader in cloud software for contact centers, through a ...

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OneMeta

DeepL, a prominent artificial intelligence&nbsp;translation startup from Germany, introduced traditional Chinese as a new language option. This move aims to enhance its footprint in Asia.



What Happened: The Cologne-based company, valued at $2 billion, primarily targets businesses with its translation software. Traditional Chinese is widely used in Taiwan and Hong Kong, both significant hubs for technology and finance, which influenced DeepL&#8217;s decision to launch in these markets, <a href="https://www.cnbc.com/2024/07/24/deepl-ai-translation-firm-launches-traditional-chinese-language.html">reported</a> CNBC on Tuesday.



CEO Jaroslaw Kutylowski highlighted Taiwan and Hong Kong as &#8220;strong technological markets&#8221; and emphasized Taiwan&#8217;s role as a major exporter, particularly in the semiconductor industry.



This launch follows DeepL&#8217;s previous expansions into Asia, where it already supports Japanese and Korean languages. Kutylowski noted similarities between the Taiwanese market and other successful Asian markets like Japan and Korea.



DeepL&#8217;s traditional Chinese operations will initially be managed from Japan, with potential plans to establish a physical presence in Taiwan or Hong Kong in the future.



Last week, DeepL unveiled its next-generation large language model, claiming superior translation quality compared to OpenAI&#8216;s ChatGPT, Alphabet Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) subsidiary Google, and Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>). 



The company, backed by notable investors such as ICONIQ Growth, a fund from Mark Zuckerberg's family office and Index Ventures, aims to compete with major Chinese tech firms like Baidu Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) and Tencent Holdings. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TCEHY#OTC">TCEHY</a>).



See Also: <a href="https://www.benzinga.com/news/24/07/39879895/if-youre-a-lawyer-for-crowdstrike-youre-probably-not-going-to-enjoy-the-rest-of-your-summer-say-dan?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">&#8216;If You&#8217;re A Lawyer For Crowdstrike, You&#8217;re Probably Not Going To Enjoy The Rest Of Your Summer&#8217;: Microsoft-Crowdstrike Outage Could Top $1B In Costs, Analyst Says</a>



Kutylowski indicated that DeepL&#8217;s focus will remain on expanding its Asian language offerings, with more languages expected in the coming months. The company is also developing a spoken language translation product, although no launch timeline has been provided.



"Translation of spoken language is going to be an important part of our strategy in Asia. We will see more and more of that product being a revenue stream," Kutylowski said.



Why It Matters: DeepL&#8217;s expansion into traditional Chinese comes amid a growing trend of AI-powered translation technologies making significant strides. In October 2022, Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) launched an <a href="https://www.benzinga.com/news/22/10/29336004/metas-new-ai-powered-translator-can-interpret-a-spoken-only-language-in-real-time">AI speech-to-speech translation</a> system for Hokkien, a primarily oral language. This innovation highlighted the potential of AI to bridge communication gaps in languages lacking a standard written form.



Furthermore, in May, OneMeta Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ONEI#OTC">ONEI</a>) introduced advanced technology for <a href="https://www.benzinga.com/partner/emerging-markets/24/05/39036872/onemetas-ai-transforms-global-communication-with-cutting-edge-translation-and-transcript">real-time translation</a> and transcription across multiple languages, showcasing the transformative power of AI in global communication.



China has also been active in the AI translation space. In May, the China Cyberspace Research Institute unveiled a large language model based on President Xi Jinping&#8216;s political philosophy. This model, still in testing, underscores <a href="https://www.benzinga.com/markets/asia/24/05/38956682/chatgpt-meet-xigpt-china-unveils-new-ai-model-that-speaks-xi-jinpings-thoughts-spouts-official-party">China&#8217;s commitment to integrating AI</a> with its political and social narratives.



Additionally, YouTube announced in June 2023 its <a href="https://www.benzinga.com/news/23/06/32979839/lost-in-translation-youtubes-new-ai-dubbing-service-will-have-you-speaking-every-language-like-a-pro">AI-powered dubbing service</a>, aiming to simplify video dubbing in various languages. This initiative, part of Alphabet Inc.&#8217;s efforts, highlights the increasing role of AI in content creation and distribution.



Read Next: <a href="https://www.benzinga.com/markets/equities/24/07/39871636/crowdstrike-issues-statement-following-massive-outage-that-stemmed-from-content-update-for-windo?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">CrowdStrike Issues Statement Following Massive Outage That Stemmed From Content Update For Windows Hosts: &#8216;This Was Not A Cyberattack&#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>

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