Nelson2
2 days ago
Sideem
Please invest a little dry powder on this one
DeFi Technologies Acquires Majority Stake in Swiss Artificial Intelligence and Asset Management Firm Neuronomics AG
DeFi Technologies Increases its Stake in Neuronomics AG to 52.5%: DeFi Technologies acquires a majority stake in Neuronomics AG, a Swiss asset management firm specializing in artificial intelligence and computational neurosciences.
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Strategic Expansion in Asset Management and Trading: This acquisition strengthens DeFi Technologies' artificial intelligence, asset management and trading capabilities, diversifying revenue streams while complementing DeFi Alpha, the Companyβs specialized arbitrage trading desk.
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Technological Innovation and Performance Excellence: Neuronomics utilizes advanced model-driven quantitative strategies that have delivered exceptional risk-adjusted performance. By significantly outperforming benchmarks, Neuronomics positions DeFi Technologies for continued growth in the asset management sector and the wider cryptocurrency market.
Nelson2
3 days ago
Classic Cramer mumbo jumbo and in error again. βTheyβre losing moneyβ ??? βTotal specβ ???? Based on what fββg convoluted Cramer hypothesis?????
I think NOT!
10. BlackBerry Limited (NYSE:BB)
Number of Hedge Fund Holders: 23
In response to a callerβs question about BlackBerry Limited (NYSE:BB), Cramer said:
βBlackberryβs a dice roll. I mean like, you know, itβs like 4, 3, 2, 1. I donβt know what itβs gonna do. This one is just a total spec. Nothing more than that.β
BlackBerry (NYSE:BB) offers a wide range of intelligent security software and services to enterprises and governments, including endpoint security, secure messaging solutions, mobile application development platforms, cyber threat intelligence, and critical event management tools. Cramer was similarly bearish about the company in October 2022 when he stated, βIβve been against them the whole way down. Theyβre losing money.β
Β Β Since he made that comment, BlackBerry (NYSE:BB) stock gained merely a modest 14.57%.
Nelson2
4 days ago
Any questions boyz? #4 on top 9 tech innovation companies list ranked by # of hedge funds invested in them by Insider Monkey List
β4. BlackBerry Ltd. (NYSE:BB)
Number of Hedge Fund Holders: 23
BlackBerry Ltd. (NYSE:BB) offers intelligent, high-performance software and services to clients in diverse industries, such as the automotive and industrial sectors, to help them generate new revenue streams and innovate business models safely and reliably. The companyβs expertise in offering secure communications services enables it to deliver operational resiliency through a certified portfolio for mobile fortification and critical events management.
On March 4th, QNX, a division of BlackBerry Ltd. (NYSE:BB), announced that FERNRIDE deployed the QNX OS for Safety to improve the security and operational reliability of its autonomous terminal tractor solution. QNX offers a robust foundation for software-defined businesses through operating systems, hypervisors, development tools, and support services. Its software is used in automotive, medical devices, industrial, robotics, vehicles, and aerospace industries. Meanwhile, FERNRIDE offers scalable automation solutions for port and yard logistics, revolutionizing container terminal operations. With the QNX embedded software, FERNRIDE can advance its product development while addressing logistical challenges like labor shortage and tight deadlines and complying with strict EU safety regulations.
βWe are proud to collaborate with FERNRIDE to deliver its cutting-edge autonomous solution, especially at a time when the logistics industry is urgently seeking ways to reduce costs while not compromising on meeting safety goals. By leveraging the capabilities of safety certified software and engineering services, FERNRIDE is helping to drive the future of autonomy and empowering their customers to achieve next-level efficiency and safety. This collaboration demonstrates our commitment to working with companies at the forefront of innovation who prioritize safety, security, reliability, and performance.β
-said Grant Courville, SVP of Products and Strategy at QNX.