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A microtransit startup that wants to ‘make core transit routes stronger’

Is it a bus? Is it an UberPool? Not quite. It’s microtransit. The future of transit is bigger than your car yet fits in the palm of your hand. The Routing Company partners with cities to offer apps that provide on-demand shuttles and buses that promise to meet commuters where they are at the push of a button. Its focus is better coverage, efficiency, equity and convenience for riders. The startup competes against ride-sharing firms like Uber, which just announced a deal with New York City… Source link

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Is the bull market over? Probably not, strategist says

Although the S&P 500 (^GSPC) has yet to return to the peaks it reached around the turn of the new year, the stock market has recently gained traction to bounce back from mid-March lows. LPL Financial (LPLA) Chief Market Strategist Ryan Detrick provided some context surrounding the current state of the market with regard to bull markets seen in prior decades. “We looked at 11 bull markets since World War II. Once they got to the third year, three of those 11 actually died. In other words, a… Source link

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Hasbro activist investor Alta Fox: we are stunned

With Hasbro’s stock (HAS) hovering at a 52-week low, the battle with its new activist investor Alta Fox Capital is heating up. Alta Fox founder Connor Haley tells Yahoo Finance his firm — a 2.5% holder in Hasbro — has been rebuffed in its effort to reach a settlement. “We’ve got a world class slate of advisers, and they are all collectively stunned at the level of entrenchment of the current Hasbro board. I think we went well out of our way to offer a beyond reasonable settlement,” Haley… Source link

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Cerberus Sentinel Elects Ashley Devoto to Board of Directors

Cerberus Cyber Sentinel Corporation Sandra Douglass Morgan moves to Advisory Board from Board of Directors for U.S. cybersecurity services firm SCOTTSDALE, Ariz., March 28, 2022 (GLOBE NEWSWIRE) — via InvestorWire – Cerberus Cyber Sentinel Corporation (Nasdaq: CISO), a Managed Compliance and Cybersecurity Provider (MCCP) based in Scottsdale, Ariz., announces that Ashley Devoto has been elected to its board of directors. Devoto is the chief information security officer (CISO) for Cerberus… Source link

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Stock futures drift as investors await wave of economic reports

U.S. equity futures were near breakeven in premarket trading Monday as investors prepare for a busy week rife with key economic data that could position the Federal Reserve to act more aggressively on plans to raise interest rates. Futures tied to the Dow Jones Industrial Average, Nasdaq Composite, and S&P 500 were mostly flat ahead of the open after all three major benchmarks registered their second straight week of gains on Friday to close at one-month highs. Meanwhile, bond yields… Source link

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Digihost Announces 2021 Audited Year End Financial Results and Provides Operational Update

Table: BTC mining operations Table: BTC mining operations This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated March 4, 2022 to its short form base shelf prospectus dated February 23, 2022. TORONTO, March 28, 2022 (GLOBE NEWSWIRE) — Digihost Technology Inc. (“Digihost” or the “Company”) (Nasdaq: DGHI; TSXV: DGHI), an innovative U.S. based Bitcoin (“BTC”) mining company, is pleased to provide a summary of the… Source link

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Terran Orbital Begins Trading on the New York Stock Exchange Under Ticker Symbol “LLAP” and Announces Revenue Backlog Now Exceeds $200 million

Terran Orbital to Ring Opening Bell at the New York Stock Exchange Today, March 28, 2022, at 9:30 a.m. in Celebration of the New Listing BOCA RATON, Fla., March 28, 2022 /PRNewswire/ — Terran Orbital Corporation (NYSE: LLAP) (“Terran Orbital” or the “Company”), a leading small satellite manufacturer primarily serving the United States aerospace and defense industry, announced that its common stock and warrants will begin trading on the New York Stock Exchange today, March 28, 2022, under the… Source link

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Why you should fear oil prices at $90, $100, $150, or $200: Morning Brief

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, March 28, 2022 Almost any direction you look, it points to higher oil prices and a potentially damaging effect on the global economy — one the market will have to factor in once and for all. To be sure, the stage is set for a renewed push higher in oil prices after a momentary relief sell-off. President Biden’s “cannot remain in power”… Source link

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European markets push higher ahead of Ukraine-Russia peace talks

European markets were in the green as the latest round of peace talks kick off in Turkey on Monday. Photo: Ty O’Neil/SOPA Images/LightRocket via Getty European markets started the week in the green as oil prices fell after parts of Shanghai entered lockdown and Ukraine and Russia start their latest round of peace negotiations on Monday in Turkey. The FTSE 100 (^FTSE) shot up 0.5% as investors watch out for a speech from Bank of England governor Andrew Bailey on Monday. UK chancellor Rishi… Source link

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WISeKey to Present at the Maxim Group 2022 Virtual Growth Conference on March 29th

Wisekey International Holding SA WISeKey to Present at the Maxim Group 2022 Virtual Growth Conference on March 29th Geneva – March 28, 2022 – WISeKey International Holding Ltd. (“WISeKey,” SIX: WIHN / Nasdaq: WKEY), a leading global Semi-conductor, AI and IoT company, today announced that its CEO, Carlos Moreira is scheduled to participate in fireside chat at the Maxim Group Virtual Growth Conference on Tuesday, March 29, 2022 at 9:00am ET. Conference agenda and registration details can… Source link

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