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  • Nov 27, 2024

Hyperscale Data issues special dividend of Series F Exchangeable Preferred Stock

Hyperscale Data (GPUS) plans to issue a special one-time dividend of 1M shares of a newly designated Series F Exchangeable Preferred Stock to all common stockholders and holders of the Series C Convertible Preferred Stock on an as-converted basis. The record date for the Distribution has been set for December 13. The company has set a payment date of December 23, subject to adjustment. The number of shares of Series F Preferred Stock issuable is approximately 0.139 for each share of Eligible Cap

  • Nov 27, 2024

Trump Tariff Threat ‘Chilling Signal’ for Mexico Economy

(Bloomberg) -- Even as Mexico President Claudia Sheinbaum attempts to quell concerns over Donald Trump’s threat of 25% tariffs, economists are looking glumly at the trouble ahead should the US president-elect actually follow through.Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes

  • Nov 27, 2024

uCloudlink Group Reports Revenue Growth and Market Expansion

uCloudlink Group (UCL) has released an update. uCloudlink Group Inc. reported a 5.6% year-over-year increase in total revenues to $25.2 million for Q3 2024, driven by growth in data connectivity and SaaS services. Despite a slight decrease in net income, the company expanded its global presence with new product launches and strategic partnerships. uCloudlink continues to diversify its offerings and strengthen its market position in the mobile data traffic sharing sector. For further insights int

  • Nov 27, 2024

Seeking Up to 10% Dividend Yield? Analysts Suggest 2 Dividend Stocks to Buy

Every investor wants to see his portfolio generate a solid return, and there’s no shortage of strategies to achieve this goal. One of the more popular strategies is dividend investing – a timeless approach that continues to stand the test of time. The key here is the long-term total outperformance of the total return. Hartford Funds, after reviewing 50 years’ worth of stock records, demonstrated that dividend stocks generated an average annual return exceeding 9% for the half-century ending in 2

  • Nov 27, 2024

Dell stock falls after downbeat Q4 revenue forecast amid PC weakness

(Reuters) -Dell forecast fourth-quarter revenue below Wall Street expectations on Tuesday, weighed down by weaker demand for its traditional PCs and competition from rival server makers, sending its shares down more than 10% in extended trading. Despite booming demand for the company's AI-optimized servers used to handle large artificial intelligence workloads, Dell's PC segment has been grappling with stiff competition from rivals and weak consumer spending amid an uncertain economy. Enterprise customers are being mindful of their PC and IT spending in the short term, Dell executives said on a post-earnings conference call, adding that the company's consumer business was weaker than expected.

  • Nov 27, 2024

India's Mahindra bets on premium electric SUVs to boost market share

Indian automaker Mahindra & Mahindra has launched a new range of electric vehicles as the country's no. 2 SUV maker by volume looks to boost its market share by entering segments dominated by rivals Hyundai Motor and Toyota. Mahindra launched the smaller sporty BE 6e and luxurious XEV 9e electric SUVs late on Tuesday. With its smaller SUV, Mahindra will enter India's fast-growing compact SUV market, which grew nearly 20% in the first six months of the current fiscal year and is dominated by Hyundai's Creta and Toyota's Urban Cruiser Hyryder - both priced between around $13,000 and $24,000.

  • Nov 27, 2024

Trump's policies may pose medium-term risk to inflation, New Zealand central bank official says

A top New Zealand central banker said on Thursday that U.S. President-elect Donald Trump's economic policies could pose a medium-term risk to inflation though the bank had not conducted any formal modelling on potential impacts. Reserve Bank of New Zealand (RBNZ) Chief Economist Paul Conway said Trump's policy agenda could result in higher prices and so there could be "more inflation volatility going forward".

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