Sowei 2025-01-12
NEW YORK, Dec. 08, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of WM Technology, Inc. (NASDAQ: MAPS) between May 25, 2021, and September 24, 2024, both dates inclusive (the “Class Period”), of the important December 16, 2024 lead plaintiff deadline in the securities class action first filed by the Firm. SO WHAT: If you purchased WM Technology securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the WM Technology class action, go to https://rosenlegal.com/submit-form/?case_id=29177 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 16, 2024 . A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose, among other things, that: (1) WM Technology’s monthly average user metrics (“MAUs”) were severely inflated for years; and (2) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the WM Technology class action, go https://rosenlegal.com/submit-form/?case_id=29177 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm . Attorney Advertising. Prior results do not guarantee a similar outcome. ------------------------------- Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40 th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 case@rosenlegal.com www.rosenlegal.com



ON Semiconductor Corporation ( NASDAQ: ON ) Nasdaq Investor Conference December 10, 2024 11:00 AM ET Company Participants Hassane El-Khoury - CEO Thad Trent - CFO Conference Call Participants Joe Moore - Morgan Stanley Joe Moore Great. Thank you, everybody. I'm Joe Moore back again. Very happy to have with us the management team of ON Semi, Hassane El-Khoury, CEO; and Thad Trent, CFO. Question-and-Answer Session Q - Joe Moore So maybe if go off-script breaking news today that you've acquired the Universal Silicon Carbide business from Qorvo. Can you talk a little bit about that? What benefits do you guys see from that? Hassane El-Khoury Sure. So if you think about the strategic rationale, of course, we're a power semiconductor provider, including silicon carbide and wide bandgap, and we've always said that the competitive advantage that we have is the ability to give customers a solution to stay look for their specific needs and or optimized. So how does that -- the acquisition of the silicon carbide JFET business fit into this overall strategy and more appropriately, how does it fit the customer need. With the emergence of AI, the AI trajectory from a power perspective is increasing every generation. And now the AI server going from 40-kilowatt to, call it, hundreds of kilowatts, as that transition happens, you start to need more of wide bandgap technology devices rather than just a silicon from an efficiency perspective, but also from a cost and area. Because a rack doesn't get any different. The size of a rack, the XY and height are almost spec-ed. So therefore, real estate is important. So you need a more compact power solution that is able to provide the efficiency when you deploy at scale. That's what the silicon carbide JFET does for us. It's a smaller die. It's a higher efficiency, higher frequency product than this regular -- even silicon carbide. And with our ability to, over time, bring that in, it gives us that also a competitive advantage from

New Delhi: India’s Unified Payments Interface (UPI) has succeeded in increasing financial inclusion and promoting equitable economic growth and access to formal credit for the first time, by enabling underserved groups, according to a study by top professors. The authors of the study said that the success of UPI can be replicated in other countries as well and India can play a leading role in helping them adopt the fintech system. “Within a short span, UPI led to exponential penetration of digital payments across India and is used at all levels from street vendors to large shopping malls,” said the paper prepared by IIM and ISB professors. Since its launch in 2016, the Unified Payments Interface (UPI) has transformed financial access in India, enabling 300 million individuals and 50 million merchants to perform seamless digital transactions, the study states. By October 2023, 75 per cent of all retail digital payments in India were through UPI. The rapid adoption of UPI was possible due to affordable internet across the country. “The affordability of digital technology played a critical role, enabling widespread UPI adoption in rural and urban areas alike,” according to the study. According to the paper, a 10 per cent increase in UPI transactions led to a 7 per cent rise in credit availability, reflecting how digital financial histories enabled lenders to assess borrowers better. Between 2015 and 2019, fin-tech loans to subprime borrowers grew to match those of banks, with fin-techs thriving in high UPI-usage areas,” according to the study. The authors said that fintech lenders scaled rapidly, increasing their loan volumes 77 times, far outpacing traditional banks in catering to smaller, underserved borrowers. The study also highlights that despite the credit surge, default rates did not rise, showing that UPI-enabled digital transaction data helped lenders expand responsibly.Intech Investment Management LLC Makes New $790,000 Investment in Spire Inc. (NYSE:SR)

Nathan Cleary has opened up on his future on the field, declaring there is a reason why winning his fourth straight NRL premiership has not dulled his motivations. But he also has his mind set on family life beyond footy after sharing his dream of becoming a parent with his Matildas superstar partner Mary Fowler. The 27-year-old is on the comeback trail from off-season shoulder surgery and facing a huge challenge to keep Penrith on top in 2025 following the departure of running mates Jarome Luai, James Fisher-Harris and Sunia Turuva. “It’s a question that often gets asked, about motivation,” Cleary said on ex-NRL player Keegan Hipgrave’s podcast . “The way I think of it is I’m not really a person who will sit down and have yearly goals. I know what I want but it comes from little improvements each day and trying to find the joy in that. “I remember goal-setting when I was younger. All I want to do is play NRL, and then you get to NRL, it’s like alright, what’s next? Then it’s alright, if I win a competition I could happily retire. “But then you win a competition, it’s alright, well, this is pretty addictive, I want to win another one.” Cleary said his career turned in 2019-20 when he began caring less about external opinions, realising he was worried within games that he would be criticised for mistakes. His father and coach Ivan proved crucial to that turnaround. “I think in a way it’s almost disrespectful to the people in your corner if you’re so worried about what other people are thinking and not taking their opinions on board,” Cleary said. “I’ve had such a great group around me, particularly family, teammates, coaches all the way through, and I was almost neglecting that for these random people who wanted to have a shot at me.” Fowler has since become an important sounding board on the occasions the sporting stars do want to discuss their on-field pursuits. “She definitely understands,” Cleary said. “People look at us and think we’re talking about our sport all the time but sometimes it’s just nice to sit there as two human beings and enjoy other’s company and talk about something other than sport. “When we’re together we just enjoy each other’s company but it’s that support and trust that if something is going wrong we can talk to each other about it and bounce ideas off each other. It’s been really nice.” The discussion around Cleary and Fowler inevitably took over the podcast, with Hipgrave keen to explore how the Panthers halfback navigates the long-distance relationship. “Sometimes you just get home and you want a little cuddle but I think it’s helped us in a way to connect on more than just a physical level and actually have genuine conversations,” he said. “We just navigate around it and when we do see each other, it’s the best thing ever. You are really grateful for those moments we get to spend together. “Constant communication is what works for us, we make a real emphasis on that. And compromise as well. You’re not always going to love the same things. “The thing that I’ve noticed about having a partner is I just want to make her happy and I want her to feel safe and feel like I’m there for her so anything she wants to do, I’ll be like ‘yeah I’ll do that because it’s going to make you happy’.” Cleary said he walked on egg shells early when he was unsure if he could joke with Fowler as he does with family and friends. But more than a year on, they are serious enough that he was willing to share his hopes to one day have children with her. Hipgrave bounced off Cleary saying he “would love” to have kids in the future to ask if he and Fowler were thinking about it soon. “It’s obviously tough that we are both pretty stuck into our sport,” Cleary said. “I definitely want to in the future. I’d love for it to be with Mary, I just think she’d be the best mother but yeah we’ll see. “It’s not a rush at the moment but definitely in the future. I see that post-footy, I would love to have a little family of my own.” While Cleary has achieved it all in his sport, Fowler is just 21 and still coming into her own as a Manchester City star and Matildas leader. Cleary had earlier spoken of the strong relationships he has with his parents and three siblings. “I’m really lucky with my family. We’ve got such a great close-knit family,” he said. “My parents are still together and they’ve just taught us what caring and love is about. I’ve got three siblings, we’re always super close.”Tonight, Dean McCullough had the prospect of a sixth trial of the series so far, much to a few people's annoyance, but it was Jane Moore who got people talking. Last night, Barry and Danny decided on the new chores each campmate would be doing from now on, Loose Women's Jane Moore accused Barry of being "sexist" and "ageist". Barry explained: "We were looking at you for possible water duty and I thought 'well, you're 62 years old, you're a year younger than me'." As Jane shook her head, she exclaimed: "Ageist and sexist!" Tonight, Jane Moore was slammed on social media. On X, one fan posted: "Jane comes across a bit of a martyr. She isn't the only one on dishes duty. Why is she acting like it is her sole responsibility #imaceleb". Another simply said: "We need to vote for Jane to do a trial next". Someone else commented: "GK said it, vote Jane (more important because she had a strop at Danny and Barry and ruined their night!)". Last night on I’m a Celebrity...Get Me Out of Here On Sunday (24 November), Coleen Rooney and Dean McCullough faced a gruesome Bushtucker Trial, winning nine stars for the camp. However, McCullough was again voted to face Monday’s trial “Jack the Screamstalk,” much to the frustrations of Ant and Dec (and the public). Elsewhere, Jane Moore and Barry McGuigan argued over chores. McGuigan and Danny Jones were voted by the public to become the new camp leaders. The pair set about upsetting the jungle apple cart by selecting Moore and Tulisa to wash up, and Coleen Rooney and Maura Higgins to act out the duties of camp maintenance. Despite Jones’s initial worry that women were being asked to do less physical tasks and that it could be taken negatively, McGuigan brushed it off. Moore accused McGuigan of “misogyny” and later “ageism” when he used her age as a justification for his and Jones’s decisions.No. 2 UConn men’s basketball upset by Memphis in thrilling overtime opener at Maui Invitational, 99-97

Missing 15-year-old inmate may have escaped juvenile detention center in Tampa

NEW YORK (AP) — U.S. stocks climbed Thursday after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected. The S&P 500 pulled 0.5% higher after flipping between gains and losses several times during the day. Banks, smaller companies and other areas of the stock market that tend to do best when the economy is strong helped lead the way, while bitcoin briefly broke above $99,000. Crude oil, meanwhile, continued to rise. The Dow Jones Industrial Average jumped 461 points, or 1.1%, and the Nasdaq composite edged up by less than 0.1%. Nvidia rose just 0.5% after beating analysts’ estimates for profit and revenue yet again, but it was still the strongest force pulling the S&P 500 upward. It also gave a forecast for revenue in the current quarter that topped most analysts’ expectations due to voracious demand for its chips used in artificial-intelligence technology. Its stock initially sank in afterhours trading Wednesday following the release of the results. Some investors said the market might have been looking for Nvidia’s revenue forecast to surpass expectations by even more. But its stock recovered in premarket trading Thursday, and Wedbush analyst Dan Ives said it was another “flawless” profit report provided by Nvidia and CEO Jensen Huang, whom Ives calls “the Godfather of AI.” The stock meandered through Thursday as well, dragging the S&P 500 and other indexes back and forth. How Nvidia’s stock performs has more impact than any other because it’s grown into Wall Street’s most valuable company at roughly $3.6 trillion. The frenzy around AI is sweeping up other stocks, and Snowflake jumped 32.7% after reporting stronger results for the latest quarter than analysts expected. The company, whose platform helps customers get a better view of all their silos of data and use AI, also reported stronger revenue growth than expected. BJ’S Wholesale Club rose 8.3% after likewise delivering a bigger profit than expected. That may help calm worries about how resilient U.S. shoppers can remain, given high prices across the economy and still-high interest rates. A day earlier, Target tumbled after reporting sluggish sales in the latest quarter and giving a dour forecast for the holiday shopping season. It followed Walmart , which gave a much more encouraging outlook. Nearly 90% of the stocks in the S&P 500 ended up rising Thursday, and the gains were even bigger among smaller companies. The Russell 2000 index of smaller stocks jumped a market-leading 1.7%. Google’s parent company, Alphabet, helped keep indexes in check. It fell 4.7% after U.S. regulators asked a judge to break up the tech giant by forcing it to sell its industry-leading Chrome web browser. In a 23-page document filed late Wednesday, the U.S. Department of Justice called for sweeping punishments that would include restrictions preventing Android from favoring its own search engine. Regulators stopped short of demanding Google sell Android but left the door open to it if the company’s oversight committee continues to see evidence of misconduct. All told, the S&P 500 rose 31.60 points to 5,948.71. The Dow jumped 461.88 to 43,870.35, and the Nasdaq composite added 6.28 to 18,972.42. In the crypto market, bitcoin eclipsed $99,000 for the first time before pulling back toward $98,000, according to CoinDesk. It’s more than doubled so far this year, and its climb has accelerated since Election Day. President-elect Donald Trump has pledged to make the country “the crypto capital of the planet” and create a “strategic reserve” of bitcoin. Bitcoin got a further boost after Gary Gensler, the chair of the Securities and Exchange Commission, said Thursday he would step down in January . Gensler has pushed for more protections for crypto investors. Bitcoin and related investment have a notorious history of big price swings in both directions. MicroStrategy, a company that’s been raising cash expressly to buy bitcoin, saw an early Thursday gain of 14.6% for its stock quickly disappear. It finished the day with a loss of 16.2%. In the oil market, a barrel of benchmark U.S. crude rose 2% to bring its gain for the week to 4.8%. Brent crude, the international standard, climbed 1.8%. Oil has been rising amid escalations in the Russia-Ukraine war. In stock markets abroad, shares of India’s Adani Enterprises plunged 22.6% Thursday after the U.S. charged founder Gautam Adani in a federal indictment with securities fraud and conspiracy to commit securities and wire fraud. The businessman and one of the world’s richest people is accused of concealing that his company’s huge solar energy project on the subcontinent was being facilitated by an alleged bribery scheme. Stock indexes elsewhere in Asia and Europe were mixed. In the bond market, the yield on the 10-year Treasury inched up to 4.43% from 4.41% late Wednesday following some mixed reports on the U.S. economy. One said fewer U.S. workers applied for unemployment benefits last week in the latest signal that the job market remains solid. Another report, though, said manufacturing in the mid-Atlantic region unexpectedly shrank. Sales of previously occupied homes, meanwhile, strengthened last month by more than expected. AP Business Writers Matt Ott and Yuri Kageyama contributed.

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