Technology
RIWI’s Market Cap Falls to $3.74 Million Despite New Deal
RIWI just signed a new revenue-sharing partnership with a sensory research platform. Its market cap sits at $3.74 million Canadian, down 53.8% over the past year. Both facts describe the same company this week. A Revenue-Sharing Deal With RedJade Sensory Solutions RIWI Corp. (TSXV: RIWI) (OTC: RWCRF), a market research and global trend-tracking technology firm,…
Tecsys Beats Q1 Estimates, Raises Guidance, Plus Another Big Quantum Move
Tecsys posted a profit surprise of roughly 91% versus what analysts expected, and the stock still needed a full day to catch up. In California, the federal government agreed to take an equity stake in a publicly traded quantum computing company as a condition of writing it a $100 million check, the kind of arrangement…
ALZAI Health’s Two-Month Run of Expansion Announcements
ALZAI Health’s shares started trading on the Frankfurt Stock Exchange this week. It’s the fourth announcement in two months about the company getting bigger somehow, whether that’s a new disease category, a potential new partner, or now a new stock exchange. Shares Now Trade on the Frankfurt Stock Exchange ALZAI Health Corp. (TSXV: ALZI) (FSE:…
Nvidia Confirms $12.9 Billion Hugging Face Deal, Plus Another AI Infrastructure Move
Hugging Face turned down a $500 million investment from Nvidia less than a year ago, back when that stake would have valued the company at $7 billion. Nvidia just agreed to buy the whole thing for nearly twice that. In Texas, a company that started out mining Bitcoin cleared a bureaucratic hurdle most investors have…
Lyntris Delivers Technical Milestone After Rocky Public Debut
Lyntris priced its IPO below where it wanted to, then watched the stock slide lower still. Two weeks later, the company delivered the kind of engineering milestone that’s supposed to make all of that noise irrelevant. A Downsized IPO That Kept Sliding Lyntris Inc. (NYSE: LYNX), a Virginia-based defense sensing and connectivity company, went public…
Victory Square Revenue Surge, Kraken Robotics Q2 Results
Victory Square Technologies posted a net loss of about $100,000 in the first half of last year. This year, over the same six months, it posted $6.5 million in net income on revenue that grew more than fivefold. A marine technology company on the other side of the country reported a much smaller revenue gain,…
Elroy Air Awarded $46 Million U.S. Army Drone Contract
Elroy Air just won a $46 million U.S. Army contract for autonomous cargo drones. The stock built to eventually represent that business barely moved. That gap between the news and the ticker is the whole story this week. A $46 Million Army Contract for Autonomous Cargo Drones Elroy Air, Inc., a developer of autonomous heavy-cargo…
Gorilla Technology Revenue Surge, BeWhere Record Profit
Gorilla Technology just reported the kind of revenue growth most companies only dream about, and the stock dropped anyway. A much smaller asset-tracking company reported the opposite problem: revenue that actually fell, alongside its most profitable quarter on record. Both companies spent the same week proving that a single headline number rarely tells the whole…
Rocket Doctor AI Signs Five-Channel California Network Agreement
Rocket Doctor AI raised $3.26 million in 12% debt this month. In the same stretch, it signed a network agreement that touches roughly 60 million consumers. Only one of those numbers required diluting existing shareholders. A Five-Channel Network Deal in California Rocket Doctor AI Inc. (CSE: AIDR) (OTC: AIRDF) (Frankfurt: 939), a physician-led AI healthcare…
QuantumCore Closes C$4.69M Financing With US Investor, Plus Another Small-Cap Tech Move
QuantumCore doesn’t build quantum computers. It builds the cryogenic chips that let quantum computers actually talk to the outside world, and a US investor just backed that bet with enough new capital to upsize the round mid-raise. Across the country, a fintech company that has spent years turning a struggling China lending business into something…
