Squeezing Higher
DENVER, Colo., Jan 07, 2025 (247marketnews.com)- Siyata Mobile (NASDAQ: SYTA), Hoth Therapeutics (NASDAQ: HOTH) FuboTV (NYSE: FUBO), Disney (NYSE: DIS), Aurora (NASDAQ: AUR), and NVIDIA (NASDAQ: NVDA)
Siyata Mobile (NASDAQ: SYTA) is squeezing higher today, as it nears its upcoming press event to showcase a new significant material development, about which its CEO emphasized, “Siyata is in the best position it’s been in since our company’s inception, as our capital expenditures have directly improved all performance metrics, and we look forward to delivering continued successful results. Please tune into our upcoming press conference, which will highlight a next level shareholder value creation event that you surely won’t want to miss.”
Hoth Therapeutics (NASDAQ: HOTH) announced positive interim safety and efficacy results from its Phase 2a clinical trial of HT-001, designed to address skin toxicities linked to Epidermal Growth Factor Receptor Inhibitors (EGFRi) in cancer patients, with 100% of the patients in cohort 1 achieving primary efficacy endpoint and no treatment-related adverse efffects observed.
FuboTV (NYSE: FUBO) is having a nice follow through, after it and Disney (NYSE: DIS) stated that they agreed to form a combined virtual MVPD company, by combining Disney’s Hulu + Live TV business with Fubo, with Disney becoming majority owner, 70%, of the resulting company and operate under the Fubo publicly traded company name (NYSE: FUBO).
Disney’s Executive Vice President and Head of Corporate Development, Justin Warbrooke, stated, “This combination will allow both Hulu + Live TV and Fubo to enhance and expand their virtual MVPD offerings and provide consumers with even more choice and flexibility. We have confidence in the Fubo management team and their ability to grow the business, delivering high-quality offerings that serve subscribers with the content they want and offering great value.”
Aurora (NASDAQ: AUR), Continental, and NVIDIA (NASDAQ: NVDA) reported forming a long-term strategic partnership to deploy driverless trucks at scale, powered by NVIDIA DRIVE Thor system-on-a-chip (SoC), which will be integrated into the Aurora Driver, an SAE L4 autonomous driving system that Continental plans to mass-manufacture in 2027.
Chris Urmson, Aurora’s CEO and co-founder, commented, “Delivering one driverless truck will be monumental. Deploying thousands will change the way we live. NVIDIA is the market leader in accelerated computing, and they’ll strengthen our ecosystem of partners and our ability to deliver safe and reliable driverless trucks to our customers at scale.”
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