Author: admin

GigaCloud Technology (GCT), a global B2B marketplace and e-commerce storage and fulfillment solutions provider, is experiencing rapid growth: the company’s recent Branding-as-a-Service (BaaS) program has significantly improved seller competitiveness and user engagement, resulting in record revenue and a surge in active buyers and sellers in 1Q24. This growth has been further fueled by the successful expansion of its global fulfillment infrastructure.The stock is up 56% year to date, with room to grow further given the company’s growth trajectory, and it is trading at a discount to industry peers, making it an attractive choice for investors looking for solid growth and…

The performance index of Saudi Arabian government entities in “Adoption of Emerging Technologies” improved significantly by 10 percentage points compared to last year, rising from 60.3% in 2023 to 70.7% in 2024.This improvement is due to an increase in the number of participating government agencies from 13 to 35.The progress was detailed in an annual report released by the Digital Government Agency (DGA), which highlighted the readiness of government agencies to adopt emerging technologies in 2024.The rising adoption index reflects wider participation and growing interest, in line with the Kingdom’s goal of fostering innovation and supporting the latest technologies.It also…

There’s something magical about summer that we’ve all witnessed. I call it the outside phenomenon. After months of rain and short days, sunshine and warmth call us all to get outside. What exactly? It doesn’t matter. That’s where the outside phenomenon comes in. Doing everything outside. Netflix dinners turn into picnics, relaxing cappuccino dates turn into iced latte walks, and listening to your favorite artists on Spotify turns into going to a festival. Summer is here, and with it the exciting season of music festivals. From Tomorrowland to Pinkpop to Zwarte Cross, millions of music fans gather every year to…

milindri/iStock via Getty Images introduction Immersion Corp (NASDAQ:IMMR) is scheduled to report its Q2 2024 earnings on August 8th, so I wanted to consider whether now would be a good time to start buying the stock. The company’s revenue streams are very hard to predict, but the company has solid financials and some interesting bets on other companies’ recovery, so it’s intriguing for now. However, I’m staying on the sidelines as I want to see how the company’s revenue trends over the next few quarters. company IMMR has been around for many years, but it has only become more popular…

The biggest concern is the hospital industryThe world came to a halt after a technology outage reported Thursday grounded planes, knocked power out to hospitals and closed banks around the world. The cause was a glitch in a software update, not cybercriminals. Still, TJ O’Connor, an assistant professor at Florida Institute of Technology, said the cascading effects of the outage point to larger concerns about our society’s reliance on the internet. (Florida Tech photo) BREVARD COUNTY • MELBOURNE, FLORIDA – The world came to a standstill after a reported technical outage grounded planes, knocked power out to hospitals and closed…

Engineers at the Southwest Research Institute have discovered a vulnerability in DC fast-charging stations that could allow hackers to access your electric vehicle while you’re getting your coffee.Power Line Communication (PLC) is a method of transmitting data through existing power cables, such as the electrical plugs in your home. It works by sending harmonic signals down the power lines and allowing a receiver at the other end to interpret and extrapolate the data in those harmonics. In this way, transmissions such as voice, video, and even everyday internet traffic can be sent and received directly over electrical wiring. This type…

Regular readers know that we at Simply Wall St take dividends seriously, which is why it’s exciting to see that Infortrend Technology, Inc. (TWSE:2495) is hitting its ex-date in the next three days. Typically, the ex-date is one business day before the record date, which is the day the company determines which shareholders are eligible to receive the dividend. The ex-date is important because it takes two full business days for the settlement process, so if you miss it, it won’t be recorded in the company’s books on the record date. This means that you’ll need to buy Infortrend Technology…

Unfortunately for some shareholders, the recent pain has dragged on, with Whole Shine Medical Technology Co., Ltd.’s (SZSE:002622) share price falling 27% in the last 30 days. The recent decline caps a disastrous 12 months for shareholders, who have suffered a loss of 63% in that time. Despite the large share price decline, many would not find it noteworthy that Wholeshine Medical Technology’s price-to-sales ratio (P/S) of 1.3x is roughly in line with the median P/S for the China healthcare industry. This may not be particularly surprising, but when the P/S ratio is not justified, investors could be missing out…

The cascading computer outages that grounded planes, crippled hospitals and disrupted vital public services laid bare just how dependent the global economy is on a single company: Microsoft.Regulators and lawmakers from all political stripes have sounded the alarm, saying the massive outage that crippled Windows shows the dangers of concentrating so much power in one company that runs governments, businesses and critical infrastructure around the world.The outages rippled around the world, with credit card systems down in Australia, airlines in India handing out handwritten tickets and US courts postponing hearings including those in Hollywood mogul Harvey Weinstein’s sex crimes case.…

The New Mexico Clean Energy Transition Roundtable: Pathways to Commercialization of Emerging Technologies drew a packed audience at Fuller Lodge on Monday morning. The roundtable was held in conjunction with the Los Alamos Science Festival. Photo: Maire O’Neill/losalamosreporter.com Ward Hendon, General Partner at Dangerous Ventures, gives a presentation on the clean energy transition. Hendon is an investor, teacher and entrepreneur. He is a lecturer at the University of California, Los Angeles Anderson School of Management where he teaches classes on entrepreneurship and impact investing, and at the University of North Carolina School of Law where he teaches classes on the…