Latest news for Global Star Acq (NASDAQ:GLSTU) Stock

Global Star Acquisition Inc is a blank check company.

Global Star Acquisition Inc

The CNN Money Fear and Greed index showed a further decline in the overall market sentiment, while the index remained in the &#8220;Neutral&#8221; zone on Friday.
U.S. stocks closed lower on Friday, with the Dow Jones index falling more than 350 points during the session. The S&amp;P 500 fell 1.97%, while the Nasdaq dipped 3.65% last week, recording their biggest weekly losses since April. However, the Dow gained 0.72% during the week.
On the economic data front, the total number of active U.S. oil rigs fell by one to 477 rigs this week, reported Baker Hughes Inc.
CrowdStrike Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>) shares dipped over 11% on Friday after the company <a href="https://www.benzinga.com/news/24/07/39870313/microsoft-crowdstrike-issue-caused-largest-it-outage-in-history-showing-how-much-we-depend-on-a-hand">suffered a major outage</a> impacting businesses around the world. Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) <a href="https://www.benzinga.com/news/earnings/24/07/39849026/netflix-q2-earnings-highlights-revenue-beat-eps-beat-advertising-revenue-more-meaningful-squid-game">posted</a> better-than-expected earnings and sales results for its second quarter, after the closing bell on Thursday.
Most sectors on the S&amp;P 500 closed on a negative note, with energy, information technology, and financials stocks recording the biggest losses on Friday. However, healthcare and utilities stocks bucked the overall market trend, closing the session higher.
The Dow Jones closed lower by around 377 points to 40,287.53 on Friday. The S&amp;P 500 fell 0.71% at 5,505.00, while the Nasdaq Composite dipped 0.81% at 17,726.94 during Friday's session.
Investors are awaiting earnings results from Brown &amp; Brown, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRO#NYSE">BRO</a>), SAP SE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAP#NYSE">SAP</a>), and Verizon Communications Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 49.2, the index remained in the &#8220;Neutral&#8221; zone on Friday, versus a prior reading of 53.6.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/07/39859170/top-3-industrials-stocks-that-may-rocket-higher-in-q3">Top 3 Industrials Stocks That May Rocket Higher In Q3</a></li>
</ul>

Earnings

News

Markets

Trading Ideas

CRWD

NFLX

S&P 500 Logs Worst Weekly Decline Since April; Investor Optimism Falls Further

Over the weekend, Tesla and SpaceX CEO Elon Musk shared a video on X, formerly Twitter, that showcased an AI-<a href="https://www.benzinga.com/news/23/08/33653379/months-after-viral-drip-pic-pope-francis-sounds-alarm-on-ais-disruptive-possibilities-and-ambivalent">generated fashion show</a> featuring global powerhouses.
What Happened: The video was made by the YouTube channel &#8220;Interdimensional TV&#8221; featuring many global figures like Musk, Barack Obama, Pope&nbsp;Francis, Kim Jong Un, Joe Biden,&nbsp;and Mark Zuckerberg, in AI-created outfits, mirroring or satirizing their public images.
For example, Zuckerberg was shown in a reptilian skin suit, poking fun at the wild conspiracy theory that the Meta CEO is a lizard in disguise — an idea he&#8217;s denied before. In 2016, Zuckerberg was asked about this, to which he said, &#8220;I'm gonna have to go with &#8216;no&#8217; on that. I am not a lizard.&#8221;
See Also:&nbsp;<a href="https://www.benzinga.com/news/24/07/39855896/how-to-fix-crowdstrike-issue-causing-blue-screen-of-death-on-your-windows-pc?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">How To Fix CrowdStrike Issue Causing Blue Screen Of Death On Your Windows PC</a>
Similarly, in the video, U.S. President Biden was shown in a&nbsp;wheelchair which might have been a reference to the <a href="https://www.benzinga.com/general/politics/24/07/39874057/biden-drops-out-of-2024-race-in-bombshell-announcement-it-has-been-the-greatest-honor-of-my-life">concerns surrounding his age and health</a>. Musk, on the other hand, was featured wearing a futuristic space suit.
The video also portrayed Indian Prime Minister Narendra Modi in a vibrant, multi-colored outfit, and&nbsp;Russian President Vladimir Putin in a&nbsp;Louis Vuitton ensemble.
Other notable appearances&nbsp;included Apple CEO Tim Cook&nbsp;with&nbsp;an iPad around his neck,&nbsp;and Chinese leader Xi Jinping in a bright red outfit adorned with playful teddy bear motifs.
The video was made using platforms like Midjourney and Luma Labs, as per the description written in the YouTube video. Musk, while sharing the video, said,&nbsp;&#8220;High time for an AI&nbsp;fashion show.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">High time for an AI fashion show <a href="https://t.co/ra6cHQ4AAu">pic.twitter.com/ra6cHQ4AAu</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1815187468691316946?ref_src=twsrc%5Etfw">July 22, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It Matters: This development comes amidst growing concerns about the potential misuse of AI technology. 
Earlier this year, an <a href="https://www.benzinga.com/news/24/01/36731683/ai-biden-impersonation-shakes-up-new-hampshire-primary-sparks-vote-skipping-scandal">AI-generated robocall mimicking</a> President Biden&#8217;s voice urged New Hampshire voters to abstain from the state's primary election. 
<a href="https://www.benzinga.com/general/entertainment/24/01/36799199/swifties-outraged-as-ai-generated-pornographic-images-of-taylor-swift-circulate-unfiltered-" target="_blank" rel="noreferrer noopener">Fabricated explicit images</a>&nbsp;of singer&nbsp;Taylor Swift also made their way on social media this year, sparking concerns about AI&#8217;s potential.
In May, it was reported that ChatGPT-parent, OpenAI is developing <a href="https://www.benzinga.com/news/24/05/38733370/openai-is-working-on-new-ai-image-detection-tools-in-busy-election-year-worldwide-to-tell-if-photos">advanced methods to trace</a> and authenticate AI-generated content. 
This includes a cutting-edge image detection classifier to identify AI-generated photos and a watermarking system for tagging audio content discreetly.
Photo Courtesy: Shutterstock.com
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:&nbsp;<a href="https://www.benzinga.com/news/24/07/39873131/apple-skips-tsmcs-2nm-chip-for-iphone-17-unveils-first-ios-18-public-beta-and-more-this-week-in-appl?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Apple Skips TSMC&#8217;s 2nm Chip For iPhone 17, Unveils First iOS 18 Public Beta And More: This Week In Appleverse</a>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Tech

MSFT

TSLA

Elon Musk Says It's 'High Time For An AI Fashion Show,' Shares Video of Mark Zuckerberg In A Reptile Suit — Lizard Alien Vibes, Anyone?

LILM

Reported Sunday, Lilium Expands POWER-ON Portfolio With Leading Digital Innovators For Seamless Jet Operations

Widely-followed cryptocurrency analyst Michaël van de Poppe detailed his altcoin trading strategy, highlighting a substantial allocation to coins in the Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) ecosystem.
What Happened: In a video shared on his official YouTube channel, Van de Poppe underlined the significance of investing in the right coins amid a hype-based market sentiment. He informed that he's "heavily" into the Ether ecosystem.
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="Hammered by Altcoins! What's Next: Bitcoin or Resilience" width="500" height="281" src="https://www.youtube.com/embed/khaKreRq0cg?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
The analyst specifically pointed out the high expectations he has from the two Layer-2 network tokens, Arbitrum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">ARB</a>) and Optimism (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">OP</a>).&nbsp;
"I&#8217;m even more interested in them because there is more activity going into the Ethereum ecosystem and due to the spot ETFs, it&#8217;s going to be even better," he remarked.
See Also:<a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39359780/dogecoin-shiba-inu-floki-are-dino-coins-says-trader-he-likes-these-3-other-meme-coins-as-b?itm_source=parsely-api"> </a><a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39875516/bitcoin-critic-elizabeth-warren-backs-kamala-harris-for-presidency-after-biden-withdraws-f">Bitcoin Critic Elizabeth Warren Backs Kamala Harris For Presidency After Biden Withdraws From The Race: &#8216;She&#8217;s Ready To Step Up&#8217;</a>
Van de Poppe revealed that he will continue to HODL these coins at this time as they are vastly undervalued. "There's no point in selling them quite early."
Why It Matters: This commentary comes a week after Van de Poppe emphasized <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39765383/prominent-crypto-analyst-says-ethereum-will-reach-a-new-all-time-high-faster-than-the-rest">Ethereum&#8217;s low valuation and long-term upside prospects</a>.
He had predicted that Ethereum would reach a new all-time high faster than the rest of the market and described the upcoming launch of spot ETFs as a major catalyst.
As things stand, the funds tracking the spot price of Ethereum <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39784783/ethereum-spot-etfs-likely-to-start-trading-by-july-23-provided-no-unforeseeable-last-min-i">are set to debut this week</a>, marking a new milestone for the world's second-largest cryptocurrency.
Price Action: At the time of writing, Ether was exchanging hands at $3,508.72 trading mostly flat in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>. Arbitrum rose 1.01% to trade at $0.7872, while Optimism gained 1.85% to be valued at $1.94.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39875949/democrats-have-huge-opportunity-to-win-back-chunk-of-crypto-vote-after-bidens-exit-from-20">Democrats Have &#8216;Huge Opportunity&#8217; To Win Back Chunk Of Crypto Vote After Biden&#8217;s Exit From 2024 Race, Legal Expert Urges New Nominee To Take These Steps</a></li>
</ul>

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$ARB

$ETH

Top Crypto Trader Reveals Why He's 'More Interested' In These Ethereum-Linked Coins

The Goodyear Tire &amp; Rubber Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GT#NASDAQ">GT</a>) (&quot;Goodyear&quot; or the &quot;Company&quot;) today announced that it has signed a definitive agreement to sell its Off-the-Road (&quot;OTR&quot;) tire business to The Yokohama Rubber Company, Limited (TYO:<a class="ticker" href="https://www.benzinga.com/stock/TYO:5101#TYO">5101</a>) (&quot;Yokohama&quot;) for&nbsp;$905 million&nbsp;in cash. The transaction follows a previously announced strategic review of the OTR tire business in connection with the Goodyear Forward transformation plan.
<a href="https://mma.prnewswire.com/media/95226/goodyear_tire_and_rubber_company_logo.html" target="_blank"><img alt="The Goodyear Tire &amp; Rubber Company, Akron, Ohio, USA. (PRNewsFoto/Goodyear Tire &amp; Rubber Company)" src="https://mma.prnewswire.com/media/95226/goodyear_tire_and_rubber_company_logo.jpg" /></a>
Goodyear&#39;s OTR tire business provides industry-leading OTR tires around the world for surface and underground mining, construction and quarry, and port and industrial end markets. Goodyear OTR offers a comprehensive suite of trusted products, services and tire management solutions that help customers optimize their operations and improve productivity and efficiency.
&quot;The sale of the OTR business marks an important milestone as we continue to execute against our Goodyear Forward transformation plan,&quot; said&nbsp;Mark Stewart, Goodyear Chief Executive Officer and President. &quot;We are grateful to our OTR colleagues who have driven the success of the business and are committed to working closely with&nbsp;Yokohama&nbsp;to ensure a smooth transition for customers and associates.&quot;
Goodyear will retain its business providing OTR tires for U.S. military and defense applications. Pursuant to a Product Supply Agreement to be entered into with&nbsp;Yokohama&nbsp;in connection with the closing of the transaction, Goodyear will manufacture certain OTR tires for&nbsp;Yokohama&nbsp;at some of its manufacturing locations for an initial period of up to five years after the closing of the transaction.
The transaction is subject to regulatory approvals, other customary closing conditions and consultations and is expected to close by early 2025. Goodyear intends to use transaction proceeds to reduce leverage and fund initiatives in connection with the Goodyear Forward transformation plan.

Asset Sales

TYO:5101

Goodyear to Sell Off-the-Road Tire Business to Yokohama for $905M

As the Paris Olympics 2024 is about to get underway, millions of fans will travel to the French capital city to attend one of the world&#39;s largest sporting events. Thanks to the latest technology from&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4216129-1&amp;h=3427346042&amp;u=https%3A%2F%2Fwww.johnsoncontrols.com%2F&amp;a=Johnson+Controls" target="_blank">Johnson Controls</a>&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JCI#NYSE">JCI</a>), they will enjoy a more comfortable experience at some of the smartest and most energy-efficient stadiums on the continent.
By integrating advanced building automation systems, HVAC and fire suppression technologies across eight venues, the company not only is helping the International Olympic Committee prioritize safety and operational efficiency but also is contributing to the Committee&#39;s ambitious goal of&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4216129-1&amp;h=1410832499&amp;u=https%3A%2F%2Folympics.com%2Fioc%2Fnews%2Fless-better-and-for-longer-five-ways-paris-2024-is-delivering-more-sustainable-games&amp;a=reducing+the+event%27s+carbon+footprint+by+50%25" target="_blank">reducing the event&#39;s carbon footprint by&nbsp;50%</a>&nbsp;compared to previous Games. Achieving this goal required making the building infrastructure behind the games&#39; venues more energy efficient and sustainable.&nbsp;
For example, two of the latest innovations of Johnson Controls&#39; York 3.3 MW industrial chillers are in operation at the new cooling production plant, the La Chapelle plant, located in the Adidas Arena sports and cultural complex. As the twelfth power plant in the city of&nbsp;Paris&#39;&nbsp;cooling network, it meets the cooling needs of the Adidas Arena and the surrounding area. This equipment provides sustainable and energy-efficient cooling at one of the flagship sites of the Olympic Games.

Johnson Controls Enhances Fan Experience at Paris 2024 Olympics with Smart Stadiums

Honeywell&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HON#NASDAQ">HON</a>)&nbsp;has been selected by United Airlines to provide a wide range of avionics for new 737 MAX aircraft that will enter service over the next decade, including technologies such as the industry&#39;s only 3D weather radar, new 25-hour flight data recorders and advanced traffic avoidance systems.
<a href="https://mma.prnewswire.com/media/2465299/Honeywell_Aerospace_United_Avionics.html" target="_blank"><img alt="Honeywell x United Avionics" src="https://mma.prnewswire.com/media/2465299/Honeywell_Aerospace_United_Avionics.jpg" /></a>
United Airlines first selected a similar suite of Honeywell avionics in 2018 to equip 161 737 MAX aircraft, and this latest agreement builds on Honeywell&#39;s reliability in delivering world-class aerospace technology.
&quot;We are proud to continue our long-standing relationship with United Airlines to provide advanced avionics for its growing 737 MAX fleet,&quot; said&nbsp;Heath Patrick, President, Americas Aftermarket, Honeywell Aerospace Technologies. &quot;Our technology reduces pilot workload, improves situational awareness and supports dispatch reliability.&quot;
United Airlines selected the following Honeywell cockpit technologies for its 737 MAX fleet:
<ul>
<li>IntuVue RDR-4000 3D Weather Radar System&nbsp;is the first automatic commercial radar to accurately depict weather in the flight path of an airplane. IntuVue automatically scans the sky at 17 tilt angles &mdash; the most in the industry &mdash; and delivers a 3D view of the weather through an intuitive display that pilots can quickly and easily reference.</li>
<li>Honeywell Connected Recorder &ndash; 25&nbsp;is made for commercial air transport aircraft to accommodate mandatory flight data and cockpit voice recording. It may result in the potential for better maintenance predictability and operational insight through data analytics.</li>
<li>Honeywell&#39;s TPA100B Traffic Alert and Collision Avoidance System and TRA&nbsp;100B&nbsp;Transponders&nbsp;identify the aircraft to other surrounding aircraft via an airborne collision avoidance system.</li>
<li>Integrated Multi-Mode Receiver&nbsp;is the industry&#39;s leader in radio navigation and combines satellite- and ground-based navigation systems into one receiver. It helps pinpoint precise airplane locations for efficient landings, especially during difficult and new runway approaches.</li>
<li>The ALA-52B radar altimeter&nbsp;assists instrument landings at hundreds of U.S. airports and filters out 5G broadband interference.</li>
</ul>

United Airlines Chooses Honeywell Avionics for New 737 MAX Fleet

Woodward, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WWD#NASDAQ">WWD</a>), a global leader in energy control solutions for aerospace and industrial applications, announced it has been selected to provide rotary actuation solutions for the NASA and Boeing Transonic Truss-braced Wing (TTBW) X-66A aircraft demonstrator. 
&nbsp;
The pioneering aircraft concept incorporates very long and thin strut-braced wings to add lift and reduce drag, with potential to dramatically increase fuel efficiency. The rotary actuators will be fitted to the X-66A ailerons, one of the flight control surfaces on the aircraft&#39;s special wings.
&quot;We&#39;re quite honored to be selected by Boeing for this breakthrough project, because it provides us with another chance to continue our work with industry leaders and bring our engineering expertise to the future of flight,&quot; said Chip Blankenship, Chair and CEO of Woodward. &quot;It is a natural next step for us to develop the next generation of rotary actuation, as it aligns to our passion for innovation and our purpose to design and deliver energy control solutions our partners count on to power a clean future.&quot;
Woodward has been a long-time provider of propulsion, actuation, and aircraft control solutions to Boeing and also works with NASA on several projects. The Transonic Truss-Braced Wing program contributes to the aviation industry&#39;s efforts to reach net-zero emissions by 2050.
Woodward has begun work with Boeing and plans to produce the actuators by 2026. Test flights are scheduled to begin in 2028.

Woodward Selected to Supply Actuators for NASA-Boeing X-66A Aircraft

Agreements include entitlement rights to Brickyard 400&nbsp;NASCAR CUP&nbsp;series race through 2029

Reported Sunday, PPG Extends Partnerships With Indianapolis Motor Speedway, INDYCAR, And Team Penske Through 2029

With U.S. stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects Verizon Communications Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) to report quarterly earnings at $1.15 per share on revenue of $33.06 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Verizon shares fell 0.1% to $41.59 in after-hours trading.</li>
<li>The Boeing Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) said it sees a 3% rise in airplane deliveries over the next 20 years with air travel exceeding pre-pandemic demand. Boeing shares slipped 0.1% to $179.45 in the after-hours trading session.</li>
<li>Analysts expect SAP SE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAP#NYSE">SAP</a>) to post quarterly earnings at $1.16 per share on revenue of $8.84 billion. The company will release earnings after the markets close. SAP shares slipped 0.01% to $197.19 in after-hours trading.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>Rekor Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REKR#NASDAQ">REKR</a>) filed for offering up to 4.4 million common shares by selling stockholders. Rekor Systems shares gained 6.6% to $1.79 in the after-hours trading session.</li>
<li>Analysts expect Brown &amp; Brown, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRO#NYSE">BRO</a>) to post quarterly earnings at 88 cents per share on revenue of $1.14 billion before the opening bell. Brown &amp; Brown shares rose 0.6% to $92.98 in after-hours trading.</li>
</ul>
Check This Out: 
<ul>
<li><a href="https://www.benzinga.com/news/24/07/39864861/alphabet-dell-and-2-other-stocks-insiders-are-selling">Alphabet, Dell And 2 Other Stocks Insiders Are Selling</a></li>
</ul>
Photo courtesy: Flickr

Pre-Market Outlook

REKR

Verizon, SAP And 3 Stocks To Watch Heading Into Monday

<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fusg02.safelinks.protection.office365.us%2F%3Furl%3Dhttps%253A%252F%252Ftxtav.com%252F%26data%3D05%257C02%257Cspierson%2540textron.us%257C444d725506b741ce9e2508dca19d493e%257Cb347614d8a514dfe8bf716d51e6f6db8%257C0%257C0%257C638562944243136139%257CUnknown%257CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%253D%257C0%257C%257C%257C%26sdata%3DBgkEZCEpw%252BGMGG6NUoa5ENEXTXXnu3MxyvufZuzqxKk%253D%26reserved%3D0&amp;esheet=54096033&amp;newsitemid=20240721347450&amp;lan=en-US&amp;anchor=Textron+Aviation+Inc.&amp;index=1&amp;md5=a029781278a923280c2e7bd266a02ae3">Textron Aviation Inc.</a>, a&nbsp;<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fusg02.safelinks.protection.office365.us%2F%3Furl%3Dhttps%253A%252F%252Fwww.textron.com%252F%26data%3D05%257C02%257Cspierson%2540textron.us%257C444d725506b741ce9e2508dca19d493e%257Cb347614d8a514dfe8bf716d51e6f6db8%257C0%257C0%257C638562944243140535%257CUnknown%257CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%253D%257C0%257C%257C%257C%26sdata%3DOASLfLkNwjHKuFB82W6mYN2wTFYeSaS2Xewrk%252FzzsuM%253D%26reserved%3D0&amp;esheet=54096033&amp;newsitemid=20240721347450&amp;lan=en-US&amp;anchor=Textron+Inc.&amp;index=2&amp;md5=61a835eaeb4e98928c83bd0ff6e99e32">Textron Inc.</a>&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TXT#NYSE">TXT</a>) company, today announced that its new military multi-engine training aircraft &mdash; built upon the versatile and reliable&nbsp;<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fusg02.safelinks.protection.office365.us%2F%3Furl%3Dhttps%253A%252F%252Fbeechcraft.txtav.com%252Fen%252Fking-air-260%26data%3D05%257C02%257Cspierson%2540textron.us%257C444d725506b741ce9e2508dca19d493e%257Cb347614d8a514dfe8bf716d51e6f6db8%257C0%257C0%257C638562944243143479%257CUnknown%257CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%253D%257C0%257C%257C%257C%26sdata%3DTl7zfTLhAg1qsPuVEI8DNDfk5H3ecHYGf%252B4LQKEZ18Y%253D%26reserved%3D0&amp;esheet=54096033&amp;newsitemid=20240721347450&amp;lan=en-US&amp;anchor=Beechcraft+King+Air+260&amp;index=3&amp;md5=3016cc649f09dec287d02a5d0a3db78f">Beechcraft King Air 260</a>&nbsp;&mdash; is making its show and European debut at the Farnborough International Airshow (FIA). The aircraft will be on display Monday, July 22 through Friday, July 26, at Stand A031 to offer military delegations, members of the media and aviation enthusiasts a first look at the company&#39;s next-generation training aircraft.

Government

Regulations

Textron Aviation Unveils New Military Training Aircraft at Farnborough Airshow

<ul>
<li>New Cooperative Research &amp; Development Agreement combines GE Aerospace&#39;s industry-leading technology with the U.S. government&#39;s world-leading supercomputing capabilities to revolutionize the future of flight</li>
<li>Builds on established partnership where GE Aerospace was the first industrial user of Frontier, the world&#39;s fastest supercomputer located at the U.S. Department of Energy Oak Ridge National Laboratory</li>
</ul>

Reported Sunday, GE Aerospace and U.S. Department Of Energy Expand Supercomputing Partnership For Open Fan Engine Development

<ul>
<li>Creates a global LNG powerhouse</li>
<li>Attractive entry into scalable, fully permitted 27.6 million tonnes per annum (Mtpa) US LNG development option</li>
<li>Significant cash generation potential to underpin long-term shareholder returns</li>
</ul>

TELL

Reported Sunday, Woodside Energy To Acquire Tellurian For $900M In All-Cash Deal, Offering 75% Premium Over July 19 Closing Price

<ul>
<li>XPENG and the Volkswagen Group will jointly develop industry-leading E/E Architecture for all locally produced vehicles based on Volkswagen&#39;s China Main Platform (CMP) and Modular Electric Drive Matrix (MEB) platform</li>
<li>The first vehicle equipped with the jointly developed E/E Architecture will SOP (Start of Production) within approximately 24 months</li>
<li>Both parties will actively explore further collaboration opportunities to expand the scope of the usage of the jointly developed E/E Architecture</li>
</ul>

VLVLY

XPEV

Reported Sunday, XPENG And Volkswagen Group Sign Master Agreement To Develop Advanced E/E Architecture For Chinese Market

ATIF

Reported Sunday, ATIF Secures Two New Listing Advisory Agreements With U.S. Tech Companies, Receiving 2% Equity In Shares

MESO

Reported Sunday, Mesoblast Begins Enrollment In Phase 3 Trial Of Rexlemestrocel-L For Chronic Low Back Pain

Farnborough Air Show &ndash; Pratt &amp;&nbsp;Whitney Canada&nbsp;and Collins Aerospace, businesses of RTX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>), have been selected by Airbus Helicopters to support the development of a hybrid-electric propulsion system for its PioneerLab technology demonstrator. Based on a twin-engine H145 helicopter, PioneerLab aims to demonstrate the potential of hybrid-electric propulsion as well as aerodynamic improvements to enable up to&nbsp;30%&nbsp;improved fuel efficiency and reduced CO2 emissions compared to a conventionally powered aircraft.
For the PioneerLab demo, the helicopter&#39;s existing engines will be replaced by a hybrid-electric propulsion system comprised of a Pratt &amp;&nbsp;Whitney Canada&nbsp;PW210 engine derivative linked with two Collins Aerospace 250 kW electric motors and controllers through a common gearbox. This hybrid-electric configuration is designed to enable optimized engine performance and improved efficiency, with the electric motors providing high torque capability during flight conditions such as take-off and landing.&nbsp;Test flights of the hybrid-electric propulsion system are targeted to begin in 2027&nbsp;at Airbus Helicopters&#39; site in Donauw&ouml;rth,&nbsp;Germany.

RTX To Help Develop Hybrid-Electric Propulsion For Airbus PioneerLab, Aiming For 30% Fuel Efficiency Improvement

HIVE

HIVE Digital To Build 100 MW Data Center In Paraguay, Aiming For 12 EH/S Hashrate And Doubling Revenue

&nbsp;With air travel fully recovered and even surpassing pre-pandemic demand, Boeing (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) today projected a&nbsp;3%&nbsp;increase in airplane deliveries over the next 20 years, with carriers requiring nearly 44,000 new commercial airplanes by 2043. Leading into the Farnborough International Airshow, Boeing released its 2024 Commercial Market&nbsp;Outlook&nbsp;(CMO), which also predicts emerging markets and global single-aisle market demand will remain primary growth drivers for the industr

Reported Late Friday, Boeing Projects 44,000 Airplanes Needed By 2043 With 4.7% Annual Passenger Growth

The decision follows top-line Phase 2 data announced on April 29, 2024, showing that adjunctive ADX71149 (JNJ-40411813) administration in patients with focal onset seizures with suboptimal response to levetiracetam or brivaracetam did not achieve statistical significance for the primary endpoint of time for patients to reach baseline seizure count when ADX71149 was added to standard of care.

ADXN

Addex Partner Janssen Discontinues ADX71149 Epilepsy Treatment After Phase 2 Study

Press Releases

Global Star Acquisition Inc. Announces Stockholder Approval of Extension of Deadline to Complete Business Combination

Global Star Acquisition Inc. and K Enter Announce Public Filing of Registration Statement on Form F-4 in Connection with Proposed Business Combination

Management

K Enter Holdings Inc. Announces Leadership Transition

GLST

GLSTU

GLSTW

Global Star Acq

Global Star Acquisition Inc.&nbsp;&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLSTU#NASDAQ">GLSTU</a>) (the &quot;Company&quot;) today announced that it received a deficiency letter (the &quot;Notice&quot;) on November 22, 2022 from the Listing Qualifications Department of The NASDAQ Stock Market LLC (&quot;Nasdaq&quot;) stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the &quot;Listing Rule&quot;) because it had not timely filed its&nbsp;Third Quarter&nbsp;Financials on Form 10-Q for the period ended September 30, 2022 (the &quot;Form 10-Q&quot;) with the SEC. 
&nbsp;

As previously disclosed in the Form 12b-25 and Form 12b-25/A, filed on November 11, 2022, and November 22, 2022, respectively by the Company with the Securities Exchange Commission (the &quot;SEC&quot;), the Company had determined that it was unable, without unreasonable effort or expense, to file its Form 10-Q, by the required due date of November 14, 2022 and November 21, 2022, respectively. The Company also announced that it expected to receive a letter from the Listing Qualifications Department of Nasdaq stating that the Company is not in compliance with the listing rule because it had not timely filed the Form 10-Q with the SEC. The Listing Rule requires listed companies to timely file all required periodic financial reports with the SEC.

In connection with the foregoing, on November 22, 2022, the Company received such letter from NASDAQ.

&nbsp;The Company intends to file the Form 10-Q and regain compliance prior to January 23, 2023.

Global Star Acquisition Announces Receipt Of NASDAQ Continued Listing Standard Notice Because It Had Not Timely Filed Its Third Quarter Financials On Form 10-q For The Period Ended September 30, 2022

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comments

Global Star Acq

News

Latest news for Global Star Acq (NASDAQ:GLSTU) Stock

Wednesday, November 23, 2022