Hammer Fiber Optics Hldgs Stock (OTC: HMMR)

Hammer Fiber Optics Hldgs (OTC:HMMR) Stock, Quote.Headers.trade-ideas

Hammer Fiber Optics Holdings Corp is a telecommunications company. Its products and services include Financial Services such as Digital Payment Systems, Telecommunications, and Data Services such as Wireless and over-the-Top Services such as voice, messaging, video, and hosting.

News

Intraday Update

Markets

Movers

Trading Ideas

ABCE

ACST

AIPUY

ALEAFIA HEALTH INC ORD by Aleafia Health Inc.

ALEAF

ALTM

AMADF

AMCX

ANLDF

ANZFF

APTS

APVO

AQARF

ARCH

ASBRF

ASIX

ATRO

ATROB

ATUSF

AWCMY

AXION VENTURES INC by Axion Ventures Inc.

AXNVF

BBDO

BBSI

BCII

BFCH

BKUCF

BMMJ

BORR

BPAQF

BPMP

BRID

BRRAY

BUHPF

CANNABIS ONE HLDGS INC by Cannabis One Holdings Inc.

CAAOF

CANNABIS WHEATON INCOME by Cannabis Wheaton Income Corp.

CBWTF

CCDBF

CCLLF

CCLP

CDEV

CEQP

CHOOF

CHRRF

CJPRY

CJREF

CLDT

CLVLY

CNDT

CNXM

COKE

CRON

CWBHF

CWYUF

CYBL

DAKT

DCIX

DGEAF

DLNDY

DLTH

DNKLY

DRTT

EARS

EBIX

ECAOF

EMERALD HEALTH THERAPUTCS by Emerald Health Therapeutics Inc.

EMHTF

ENBL

ENLC

ENOB

FRONTERA ENERGY CORP ORD by Frontera Energy Corp

FECCF

FLNG

Stocks That Hit 52-Week Lows On Wednesday

HAMMER FIBER OPTICS HLDGS by Hammer Fiber Optics Holdings Corp.

Hammer Fiber Optics Holdings Corp

U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 50 points on Wednesday.
Shares of Applied Digital Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLD#NASDAQ">APLD</a>) fell sharply in today's pre-market trading following <a href="https://www.benzinga.com/news/earnings/25/01/42990272/applied-digital-q2-earnings-revenue-beat-eps-beat-cloud-services-growth-late-stage-discussions-with-multiple-hyperscalers-and-more">second-quarter results.</a>
The company reported second-quarter revenue of $63.9 million, beating analyst estimates of $63.4 million. The company reported a second-quarter adjusted loss of six cents per share, beating analyst estimates for a loss of 15 cents per share, according to Benzinga Pro.
Applied Digital shares tumbled 5.2% to $8.10 in pre-market trading
Here are some other stocks moving lower in pre-market trading.
<ul>
<li>Oruka Therapeutics, Inc.  (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORKA#NASDAQ">ORKA</a>) fell 27.8% to $10.00 in pre-market trading.</li>
<li>MBX Biosciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBX#NASDAQ">MBX</a>) shares dipped 23.2% to $9.25 in pre-market trading.</li>
<li>Greenfire Resources Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GFR#NYSE">GFR</a>) fell 8.3% to $6.60 in pre-market trading.</li>
<li>Vericel Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VCEL#NASDAQ">VCEL</a>) dipped 6.3% to $54.96 in pre-market trading after the company issued preliminary FY24 net revenue below estimates.</li>
<li>Calavo Growers, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVGW#NASDAQ">CVGW</a>) fell 4.7% to $23.02 in pre-market trading after the company reported fourth-quarter results.</li>
<li>Alvotech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALVO#NASDAQ">ALVO</a>) fell 4.5% to $12.71 in pre-market trading.</li>
<li>Turtle Beach Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TBCH#NASDAQ">TBCH</a>) fell 4% to $16.40 in pre-market trading.</li>
<li>Ardent Health Partners, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARDT#NYSE">ARDT</a>) fell 3.9% to $13.50 in pre-market trading.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/markets/25/01/42992639/how-to-earn-500-a-month-from-state-street-stock-ahead-of-q4-earnings">How To Earn $500 A Month From State Street Stock Ahead Of Q4 Earnings</a></li>
</ul>

Pre-Market Outlook

ALVO

APLD

ARDT

CVGW

ORKA

TBCH

VCEL

Applied Digital, Vericel, Calavo Growers And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

-Reuters, citing Commerce Department

Macro Economic Events

Global

Economics

US To Impose New Export Controls On Lab Equipment To Address Concerns About Biotechnology And AI

Guidance

Citi CFO Expects Net Interest Income To Rise Modestly In 2025

Nokia Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOK#NYSE">NOK</a>) shares are trading higher premarket on Wednesday. The company entered a multi-year patent license deal with Samsung Electronics Co., Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSNLF#OTC">SSNLF</a>), granting Samsung access to its <a target="_blank" href="https://www.globenewswire.com/news-release/2025/01/15/3009789/0/en/Nokia-signs-video-technologies-license-agreement-with-Samsung.html" rel="noreferrer noopener">video </a>technologies for use in televisions.
As part of the deal, Samsung will pay royalties to Nokia. This deal is separate from the company&#8217;s existing 5G patent license agreement, and the terms remain confidential.
Arvin Patel, Nokia&#8217;s Chief Licensing Officer for New Segments, stated, &#8220;The agreement is yet another proof point of Nokia&#8217;s leadership in video and multimedia technologies, and further validation of our decades-long investments in multimedia R&amp;D and standardization.&#8221;
In a separate release, Nokia revealed&nbsp;a partnership&nbsp;with Zain KSA to implement&nbsp;<a target="_blank" href="https://www.globenewswire.com/news-release/2025/01/15/3009772/0/en/Nokia-and-Zain-KSA-to-implement-unique-indoor-solutions-for-enterprise-customers.html#:~:text=Nokia%20and%20Zain%20KSA%20to%20implement%20unique%20indoor%20solutions%20for%20enterprise%20customers&amp;text=First%204G%2F5G%20Femtocell%20solution,for%20enterprises%20across%20the%20Kingdom." rel="noreferrer noopener">4G</a>/5G Femtocell solution in Saudi Arabia and the Middle East and Africa region.
The collaboration aims to improve mobile coverage and enhance connectivity for enterprise customers by addressing network gaps and optimizing performance.
By reducing dependency on customer infrastructure, this cost-effective solution ensures enhanced coverage and optimized connectivity for enterprise users.
Last week, the company disclosed that&nbsp;Openreach&nbsp;had selected its One Network Platform to build an open-access&nbsp;<a target="_blank" href="https://www.benzinga.com/25/01/42897828/openreach-taps-nokia-to-connect-25-million-uk-properties-to-high-speed-broadband-by-2026" rel="noreferrer noopener">fiber network across the U.K</a>.
Investors can gain exposure to NOK stock via&nbsp;iShares U.S. Digital Infrastructure and Real Estate ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IDGT#NYSE">IDGT</a>) and Defiance Quantum ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QTUM#NASDAQ">QTUM</a>).
Price Action: NOK shares are up 2.21% at $4.61 premarket at the last check Wednesday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/01/42932568/benzinga-bulls-and-bears-rivian-intuitive-machines-rigetti-computing-and-dogecoin-analyst-foresees-drop-to-30-cents" target="_blank" rel="noreferrer noopener">Benzinga Bulls And Bears: Rivian, Intuitive Machines, Rigetti Computing — And Dogecoin Analyst Foresees Drop To 30 Cents</a></li>
</ul>
Image sourced from Shutterstock.

Equities

Large Cap

Contracts

IDGT

QTUM

SSNLF

What's Going On With Nokia Stock Premarket On Wednesday?

As SKYX Continues to Grow its Market Penetration, it is Expected to Supply Developer Jeremiah Baron Companies Products to a Total of 1000 Mixed-Use Residential and Commercial Units&nbsp; &nbsp;
The Products that are Expected to be Supplied to the Mixed-Use Project will include Ceiling Outlet Receptacles, Smart Plug &amp; Play Platform Products including Lighting, Ceiling Fans, Recessed Lights, EXIT Signs, Emergency Lights, Down Lights, and Indoor and Outdoor Wall Lights

SKYX

SKYX Platforms To Supplying Products For 140 Commercial Units In Jan. 2025

Consumer inflation surged for the third straight month in December, rekindling concerns that the months-long cooling of price pressures could be over and casting doubt on the Federal Reserve&#8217;s ability to steer inflation <a href="https://www.benzinga.com/topic/inflation">toward its 2% target.</a>
The headline Consumer Price Index rose 2.9% year-over-year in December, according to Wednesday&#8217;s data from the Bureau of Labor Statistics. This marks an increase from November's 2.7% and matches economist forecasts. Notably, it represents the third straight inflation increase and highest annual rate since July 2024.
On a monthly basis, consumer prices increased 0.4%, up from both the previous month's 0.3% gain and the 0.3% predicted by analysts.
The energy index climbed 2.6% in December, contributing to over 40% of the monthly increase in overall prices, with the gasoline index rising 4.4% during the month.
Core inflation, which strips out the volatile food and energy categories, rose by 3.2% on a year-over-year basis, below the 3.3% estimate. Month-over-month, core prices marked a 0.2% increase, matching estimates.
Items that witnessed an increase in December include shelter, airline fares, used cars and trucks, new vehicles, motor vehicle insurance and medical care.
<h3 class="wp-block-heading">Market Reactions: Yields, Dollar Tumble </h3>
Prior to the release of the CPI report, traders priced in one 25-basis-point rate cut by December 2025, according to the CME FedWatch tool.
The mixed December inflation data could keep hopes for more than one rate cut by year-end quite stretched.
Treasury yields tumbled in response to the data, with the policy-sensitive two-year yield down 9 basis points to 4.28%. The U.S. dollar also weakened, with a key index tracking the greenback falling 0.5% during the session.
Equity markets reacted with optimism. Pre-market futures on the S&amp;P 500 rallied 1.5%, while contracts tied to the Nasdaq 100 soared 1.6%. 
On Tuesday, the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) inched up 0.1%, while the Invesco QQQ Trust, Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) declined 0.1%. 
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/01/42996752/us-stocks-to-open-higher-ahead-of-december-inflation-data-all-eyes-on-baking-earnings-by-jpm-goldman-citi-wells-fargo">US Stocks To Open Higher Ahead Of December Inflation Data: All Eyes On Banking Stocks As JPMorgan, Goldman, Citi, Wells Fargo Report Quarterly Earnings</a></li>
</ul>
Photo via Shutterstock.

Econ #s

Federal Reserve

ETFs

Inflation Rises To 2.9% In December: Core Slows, Yet Rising Energy Costs Put Fed's Target At Risk

Conduent Incorporated Receives $92M Contract With Alaska Department of Health, Division Of Health Care Services To Operate And Manage The State's Medicaid Management Information System

RBC Capital analyst Scott Hanold reiterates Matador Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTDR#NYSE">MTDR</a>) with a Outperform and maintains $70 price target.

Price Target

Reiteration

Analyst Ratings

MTDR

RBC Capital Reiterates Outperform on Matador Resources, Maintains $70 Price Target

RBC Capital analyst Jonathan Atkin maintains Charter Communications (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>) with a Sector Perform and lowers the price target from $390 to $380.

CHTR

RBC Capital Maintains Sector Perform on Charter Communications, Lowers Price Target to $380

JP Morgan analyst Jeremy Metz maintains First Quantum Minerals (TSX:<a class="ticker" href="https://www.benzinga.com/stock/FM#TSX">FM</a>) with a Neutral and raises the price target from C$17 to C$18.

TSX:FM

JP Morgan Maintains Neutral on First Quantum Minerals, Raises Price Target to C$18

RBC Capital analyst Drew McReynolds reiterates Cogeco Communications (TSX:<a class="ticker" href="https://www.benzinga.com/stock/CCA#TSX">CCA</a>) with a Sector Perform and maintains C$77 price target.

TSX:CCA

RBC Capital Reiterates Sector Perform on Cogeco Communications, Maintains C$77 Price Target

Grab Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRAB#NASDAQ">GRAB</a>) shares are trading marginally higher <a target="_blank" href="https://www.benzinga.com/premarket" rel="noreferrer noopener">in the premarket session on Wednesday.</a>
The firm has announced a <a target="_blank" href="https://www.grab.com/sg/press/others/grab-and-byd-enter-strategic-partnership-to-expand-electric-vehicle-fleet-offering-across-southeast-asia/" rel="noreferrer noopener">regional partnership</a> with BYD to expand access to up to 50,000 electric vehicles for Grab&#8217;s driver-partners across Southeast Asia, enhancing the availability of green vehicles for its users.
This collaboration aims to overcome the region&#8217;s key barrier to EV adoption: high upfront costs.
This partnership spans six Southeast Asian countries—Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam—and includes models like the DENZA D9, BYD ATTO3, BYD SEAL, and BYD M6.
The DENZA D9, a luxury electric vehicle, will be featured in GrabExec, setting a new standard for executive transportation with its advanced features and sustainability.
Last July, BYD announced a multi-year strategic partnership to add 100,000 new BYD electric vehicles to the&nbsp;Uber platform <a target="_blank" href="https://www.benzinga.com/markets/equities/24/07/40077563/uber-and-byd-team-up-for-electric-future-100k-evs-to-hit-the-road" rel="noreferrer noopener">in key global markets.</a> However, the deal with Uber focused on Europe and Latin America, with plans to expand to the Middle East, Canada, Australia, and New Zealand.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/01/42996752/us-stocks-to-open-higher-ahead-of-december-inflation-data-all-eyes-on-baking-earnings-by-jpm-goldman-citi-wells-fargo" rel="noreferrer noopener">US Stocks To Open Higher Ahead Of December Inflation Data: All Eyes On Banking Stocks As JPMorgan, Goldman, Citi, Wells Fargo Report Quarterly Earnings</a>
In the latest development with Grab, BYD plans to provide Grab&#8217;s fleet and driver-partners with access to affordable BYD vehicles, including extended warranties for the vehicles&#8217; batteries.
Drivers can choose to rent these EVs through Grab&#8217;s fleet partners or access financing options via Grab&#8217;s car ownership schemes. This partnership aligns with Grab&#8217;s sustainability goals, helping accelerate the transition to zero-emission transportation.
In countries like Singapore and Thailand, Grab users can select an &#8220;Eco-Friendly Ride&#8221; option at no extra charge, prioritizing green vehicles for their rides.
Liu Xueliang, General Manager of BYD Asia Pacific Auto Sales Division, said, &#8220;We are excited to partner with Grab as the leading on-demand transport provider in Southeast Asia and push forward the transition to electric vehicles in the region.&#8221;
Per a <a target="_blank" href="https://www.statista.com/outlook/mmo/electric-vehicles/southeast-asia" rel="noreferrer noopener">report</a> by Statista, the Electric Vehicles market in Southeast Asia is expected to reach $6.798 billion by 2025. From 2025 to 2029, the market is projected to grow at a rate of 4.02% annually. By 2029, the market volume is expected to hit $7.958 billion.
The partnership will also focus on deep technological integration to enhance Grab&#8217;s services. BYD vehicles will integrate with Grab&#8217;s platform through IoT, providing real-time data on driving patterns and behaviors. This data will help improve driver safety and overall experience, with features like larger screens displaying jobs, navigation, and chats directly in the vehicle&#8217;s head unit.
The integration of real-time data, such as weather and traffic conditions, will also help improve ride reliability and route optimization, ensuring better ETA accuracy and efficient navigation.
Price Action: GRAB shares are trading higher by 2.06% to $4.45 premarket at last check Wednesday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/market-summary/25/01/42967576/meta-investors-push-mark-zuckerberg-to-replace-72b-cash-with-bitcoin-to-combat-inflation-heres-what-it-means-for-investors" target="_blank" rel="noreferrer noopener">Meta Investors Push Mark Zuckerberg To Replace $72B Cash With Bitcoin To Combat Inflation: Here&#8217;s What It Means For Investors</a></li>
</ul>
Photo via Shutterstock.

General

BYDDY

GRAB

Grab Teams Up With BYD To Boost EV Availability For Southeast Asia's Driver-Partners

- Presentation&nbsp;
&nbsp;
<figure class="image"><img src="https://www.sec.gov/Archives/edgar/data/1803901/000095017025005641/talk-ex99_1s19.jpg" alt="Slide 19" /></figure>

TALK

Talkspace Sees 2024 Revenue Guidance Of ~$185M-$195M, Up 23%-30% YoY; 3-Year Revenue CAGR Outlook Of 20%-25%

VCIG

VCI Global Announces Exclusive Distributorship Of Secure Encryption Storage Limited For Data Security Solutions In Malaysia

WIIM

Calavo Growers shares are trading lower after the company reported worse-than-expected Q4 adjusted EPS results.

PRTH

Priority Technology shares are trading lower after the company announced a share offering of 9,157,600 shares.

CEO Marc Rowan to Enter Into 5-Year Employment Agreement Extension
Jim Zelter Named President of Apollo Global Management
John Zito Named Co-President of Apollo Asset Management Alongside Scott Kleinman
NEW YORK, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Apollo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APO#NYSE">APO</a>) today announced that Jim Zelter has been named President of Apollo Global Management, Inc. (AGM), the holding company for its asset management and retirement services businesses. The newly created role reflects Apollo's continued operational expansion and its significant growth plans across both the Apollo Asset Management, Inc. (AAM) and Athene Holding Ltd. subsidiaries. As President, Zelter will work closely with AGM CEO Marc Rowan to drive Apollo's recently announced five-year plan and lead a number of key strategic initiatives across its asset management and retirement services businesses.

Management

Apollo Announces Jim Zelter As President Of Apollo Global Management; John Zito Named Co-President Of Apollo Asset Management With Scott Kleinman; CEO Marc Rowan Signs 5-Year Agreement Extension

TOMZ

TOMI Environmental Solutions Regains Compliance With Nasdaq Requirements

GNLN

Greenlane Regains Full Compliance With Nasdaq Continued Listing Rules
ACCESSWIRE

KROS

Keros Therapeutics shares are trading lower after the company announced an update on its Phase 2 TROPOS trial and halted all dosing based on the ongoing safety review.

Hammer Technology to divest telecommunication assets

An update from Hammer Fiber Optics Holdings (HMMR) is now available. Hammer Fiber Optics Holding Corp. is set to sell its telecom assets, including...

Hammer Fiber Optics Announces Strategic Sale and Leadership Shuffle

HMMR

Press Releases

New Partnership Aims to Remit Electricity from Abroad - HammerPay Onboards EZ Current - Liberia

Viper Networks to Sign Definitive Agreement to Acquire the Telecommunications Assets of Hammer Fiber Optics Holdings Corp

Network Firm Shares Rising on Acquisition News

VPER

Hammer Fiber Optics Hldgs

Comments

Hammer Fiber Optics Hldgs

Hammer Fiber Optics Hldgs (HMMR) Forecast

Hammer Fiber Optics Hldgs (OTC:HMMR) Stock, Quote.Headers.trade-ideas

Popular Channels

Tools & Features

Partners & Contributors

About Benzinga