Friday, October 7

Science

Invesco DWA Technology Momentum ETF (NASDAQ:PTF) Sees Significant Increase in Short Interest
Science

Invesco DWA Technology Momentum ETF (NASDAQ:PTF) Sees Significant Increase in Short Interest

Invesco DWA Technology Momentum ETF (NASDAQ:PTF - Get Rating) was the recipient of a significant growth in short interest in May. As of May 31st, there was short interest totalling 14,300 shares, a growth of 308.6% from the May 15th total of 3,500 shares. Based on an average daily trading volume, of 14,700 shares, the days-to-cover ratio is presently 1.0 days. Shares of NASDAQ PTF opened at $116.40 on Friday. The stock's 50 day moving average price is $121.39 and its two-hundred day moving average price is $138.38. Invesco DWA Technology Momentum ETF has a 52-week low of $107.92 and a 52-week high of $186.47. Institutional investors have recently made changes to their positions in the company. IFP Advisors Inc acquired a new stake in shares of Invesco DWA Technology Momentum ETF during th...
G7 Connect and E6 Technology Announce Completion of Merger
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G7 Connect and E6 Technology Announce Completion of Merger

The merger will create the largest and most influential software service provider in the industry, with businesses spanning key vertical markets covering both production and consumer logistics. The Group's customers include major players in the trillion-yuan road freight transport market. With its product portfolio serving as a one-stop digital service that integrates subscriptions and transactions, the merged entity consolidates the two prior firms' advantages in technology, making it the only technology company in the sector to provide a comprehensive range of Internet of Things (IoT) software as a service (SaaS) services. The Group is well positioned to provide customers with more cost-competitive, premium services by optimizing its supply chain and service networks and reducing procu...
NaaS Technology Inc. Announces Completion of Merger and New Board and Management
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NaaS Technology Inc. Announces Completion of Merger and New Board and Management

BEIJING, June 10, 2022 /PRNewswire/ -- NaaS Technology Inc. (NASDAQ: NAAS) (the "Company"), one of the largest and fastest-growing electric vehicle charging service providers in China, today announced the successful completion of the transaction previously announced on February 8, 2022 between RISE Education Cayman Ltd ("RISE"), the Company's predecessor, and Dada Auto Inc. ("NaaS") (the "Transaction"). As announced on April 29, 2022, the Transaction and certain additional Transaction-related proposals were approved by RISE's shareholders at an extraordinary general meeting held on April 29, 2022 (the "EGM"). The Company, with its name changed to "NaaS Technology Inc.," continues to be listed on Nasdaq with its new ticker "NAAS." Completion of Transaction Pursuant to the Agreement and Pla...
What Is mRNA and Who Invented the Technology? – NBC New York
Science

What Is mRNA and Who Invented the Technology? – NBC New York

Recognized for the expeditious development of a lifesaving shot, scientists Dr. Katalin Karikó and Dr. Drew Weissman accepted an award in front of dozens of their peers celebrating the duo's tireless efforts in inventing the mRNA technology behind the COVID-19 vaccine. On Tuesday in Manhattan, in conjunction with the Feinstein Institutes for Medical Research and Molecular Medicine, the Ross Prize honored the two biomedical researchers who changed the game during the COVID pandemic. Dr. Weissman, a physician and researcher at Penn Medicine, directs a variety of projects including a pan-coronavirus vaccine to prevent the next COVID epidemic. Dr. Karikó is a Hungarian-American biochemist and researcher at Penn Medicine and a senior vice president at BioNTech, a German biot...
Rio Tinto invests in battery technology firm Nano One
Science

Rio Tinto invests in battery technology firm Nano One

Rio Tinto has collaborated with battery metals innovator Nano One Materials to enhance the latter’s multi-cathode (multi-CAM) commercialisation plan. The Anglo-Australian miner has also invested $10m (C$12.5m) in Nano One for a stake of nearly 4.9% in the company. The transaction will see Nano One issuing 4.6 million shares at C$2.70 apiece in a non-brokered private placement. Nano One will use the proceeds to acquire the Candiac facility in Québec, Canada, along with its conversion to One-Pot lithium iron phosphate (LFP) and industrial-scale piloting of other CAM solutions. The firm will also utilise the investment for working capital purposes, commercialisation, technology and supply chain development...
Star Trek’s Warp Drive Technology, Explained
Science

Star Trek’s Warp Drive Technology, Explained

The universe created by the wonderful mind of Gene Roddenberry back in the late 1960s contains a myriad of wacky and wonderful things, from fabulous diverse alien races, to a dizzying array of futuristic technology. One such incredible piece of tech sits at the very heart of Star Trek. Without it, there wouldn’t be much of a show at all, and those such as Kirk and Picard would be extremely limited in exploring the miraculously empty Milky Way. The technology, of course, is the Warp Drive, and acts as an important cornerstone within the vast Star Trek history. GAMERANT VIDEO OF THE DAY The Warp Drive's Role In The Star Trek Franchise The Warp Drive is fundamental for two distinct reasons. One is that it acts as an important marker for First Contact between the Federation (or the Vulcans...
Thursday Sector Leaders: Consumer Products, Technology & Communications
Science

Thursday Sector Leaders: Consumer Products, Technology & Communications

The best performing sector as of midday Thursday is the Consumer Products sector, losing just 0.2%. Within that group, Whirlpool Corp (Symbol: WHR) and Genuine Parts Co. (Symbol: GPC) are two large stocks leading the way, showing a gain of 1.7% and 1.6%, respectively. Among consumer products ETFs, one ETF following the sector is the iShares U.S. Consumer Goods ETF (Symbol: IYK), which is down 0.6% on the day, and down 0.79% year-to-dat...
Webb telescope still performing well after micrometeoroid impact on mirror segment, NASA says
Science

Webb telescope still performing well after micrometeoroid impact on mirror segment, NASA says

A high-speed dust-size micrometeoroid slammed into one of the James Webb Space Telescope's 18 primary mirror segments last month, causing a slight but noticeable effect on the segment's performance, NASA said Wednesday. It was the fifth such impact detected since Webb's Christmas Day launch.Given the $10 billion telescope's open design, with its mirrors exposed to space, engineers expected random hits by bits of space dust over the life of the observatory, but an impact between May 23 and 25 was larger than pre-flight models predicted.After analyzing the C3 mirror segment's post-impact performance, engineers sent commands to actuators on the back of the mirror to ever-so-slightly reposition it, counteracting most, but not all, of the impact's observed results. Even with the hit, NA...
5G Technology Market Size to Grow by USD 128.46 billion | Deutsche Telekom AG, Intel Corp., Nokia Corp., and Qualcomm Inc. Emerge as Key Vendors Among Others
Science

5G Technology Market Size to Grow by USD 128.46 billion | Deutsche Telekom AG, Intel Corp., Nokia Corp., and Qualcomm Inc. Emerge as Key Vendors Among Others

To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst. 5G Technology Market Scope Report Coverage Details Page number 120 Base year 2021 Forecast period 2022-2026 Growth momentum & CAGR Accelerate at a CAGR of 69.34% Market growth 2022-2026 $ 128.46 billion Market structure Fragmented YoY growth (%) 67.81 Regional analysis North America, Europe, APAC, South America, and Middle East and Africa Performing market contribution North America at 46% Key consumer countries US, China, Japan, Germany, and UK Competitive landscape Leading companies, competitive strategies, consumer engagement scope Companies profiled Accenture Plc, Cisco Systems Inc., CommScope Inc., Dell Technologies Inc., Deutsche Telek...
Popular Science Magazine announces 2016 Invention awards winners
Science

Popular Science Magazine announces 2016 Invention awards winners

More of the futuristic technology that you only saw in movies is coming to life, and sooner than you may imagine.Popular Science magazine says the "golden age of invention is here." Their new issue features the "2016 Invention Awards," which highlight this year's 10 greatest creations by independent inventors. For the 10th annual list, editors looked for unique products that can disrupt the tech world."These are independent inventors, so it's a group of friends who decided to build a startup in their garage, it's someone who was tinkering and decided to make his own hoverboard," Sophie Bushwick, project editor at Popular Science, told "CBS This Morning" Tuesday. You may remember Rosie the robot maid from "The Jetsons." Forty years after the cartoon fir...