Latest news for Ollamani (OTC:OLANF) Stock

Ollamani SAB is a holding company and it operates through its subsidiaries in the following businesses such as Football Business which is the Company that owns Club América, the team soccer professional with the most championships in Mexico and which is considered as one of the most popular teams. Estadio Azteca is the Company that owns and operates the Estadio Azteca, which is the largest stadium in Mexico in terms of capacity and one of the most important based on the events that take place there. Games and Sweepstakes Business under the PlayCity brand, the Company operates eighteen casinos in Mexico with food and beverage service, as well as a website in the one that offers sports betting and casino betting.

Ollamani SAB

JP Morgan analyst Andrea Teixeira maintains Kimberly-Clark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMB#NYSE">KMB</a>) with a Underweight and lowers the price target from $140 to $124.

News

Price Target

Analyst Ratings

JP Morgan Maintains Underweight on Kimberly-Clark, Lowers Price Target to $124

Management

RBTC

Rubicon Technologies Appointed Michael Dulin As Chief Executive Officer, Effective Immediately.

Primech AI Pte. Ltd. ("Primech AI"), a subsidiary of Primech Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PMEC#NASDAQ">PMEC</a>), today announced the integration of advanced NVIDIA technology in its latest HYTRON bathroom cleaning robot. This enhancement underlines Primech AI's commitment to leveraging cutting-edge technology to refine and advance its robotic solutions.
The new HYTRON model incorporates the NVIDIA Jetson Orin Super, a state-of-the-art System-on-Module (SoM) designed for robust edge AI and robotics applications. Known for its compact size and powerful AI capabilities, the NVIDIA Jetson Orin Super facilitates high-energy efficiency and superior AI processing at the edge, empowering HYTRON to deliver enhanced performance and reliability in autonomous toilet cleaning.
Alongside NVIDIA's hardware, HYTRON utilizes a suite of NVIDIA software technologies, including:
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<td>●</td>
<td>CUDA: This parallel computing platform and programming model enables HYTRON to utilize NVIDIA GPUs for complex computations, dramatically enhancing processing speed and efficiency.</td>
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<td>●</td>
<td>CuDNN: The CUDA Deep Neural Network library accelerates deep learning neural networks, allowing HYTRON to benefit from advanced AI algorithms that improve decision-making and operational effectiveness.</td>
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<td>●</td>
<td>TensorRT: This SDK optimizes neural networks for deployment on NVIDIA GPUs, boosting HYTRON's inference capabilities, reducing latency, and enhancing overall responsiveness.</td>
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<td>NVIDIA Driver: Ensures seamless communication between the operating system and the GPU, enabling robust performance across all tasks.</td>
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PMEC

Primech AI Enhances HYTRON With NVIDIA Technology Components to Boost Robotics Performance; Shares Spike Higher

Foresight's supply chain and production lines are now prepared for rapid growth and commercial ramp-up
Ness Ziona, Israel, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) ("Foresight" or the "Company"), an innovator in 3D perception systems, announced today a major milestone in its production and commercialization road map, with the delivery of its first batch of ScaleCam&#x2122; systems to SUNWAY-AI Technology (Changzhou) Co., Ltd. ("SUNWAY"), a Chinese manufacturer of autonomous and unmanned intelligent vehicle solutions. Foresight's ScaleCam systems are intended to be integrated into SUNWAY's production line of autonomous logistics and robotic vehicles.
This delivery follows the Company's July 8, 2024, announcement of its joint development and supply agreement to equip SUNWAY's unmanned material handling vehicles and autonomous robotic carts with its advanced 3D perception systems.
By integrating Foresight's 3D perception technology, these vehicles will be equipped with full autonomous driving capabilities to navigate complex environments safely and efficiently.

Global

FRSX

Foresight Delivers First Batch Of Commercial Mass Production Systems To SUNWAY-AI In China

Hino Motors, a subsidiary of Toyota Motor Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>), has reached a settlement with the U.S. Justice Department and other federal agencies<a href="https://www.justice.gov/opa/pr/hino-motors-toyota-subsidiary-agrees-plead-guilty-and-pay-over-16b-resolve-emissions-fraud"> regarding emissions testing fraud</a>. 
The company has agreed to pay over $1.6 billion to resolve allegations of fraudulent engine emissions testing and illegal engine imports. 
The agreement addresses violations that allowed the company to improperly import over 110,000 diesel engines into the U.S. between 2010 and 2022. 
The settlement includes both criminal and civil resolutions, with Hino Motors pleading guilty to criminal conspiracy charges.
The arrangement, which is still subject to approval by the U.S. District Court for the Eastern District of Michigan, also involves Hino's agreement to pay penalties and implement a series of corrective measures. 
According to the Justice Department, the company falsified engine certification data to bypass regulatory requirements, resulting in harmful air pollution. 
The agencies involved include Environmental Protection Agency (EPA), FBI, Customs and Border Protection (CBP), Department of Transportation's Office of Inspector General (DOT-OIG), National Highway Traffic Safety Administration (NHTSA), and State of California.
The settlement includes a $521.76 million criminal fine, along with a $525 million civil penalty for Hino. In addition, the company must contribute $155 million to a mitigation program aimed at addressing the excess emissions resulting from the violations.
This initiative will replace older, less efficient marine and locomotive engines across 49 states, reducing nitrogen oxide (NOx) emissions by over 41,000 tons. 
These efforts are expected to have the same impact as removing 110,000 heavy-duty trucks from U.S. highways.
Hino's actions between 2010 and 2019, including manipulating emissions data, caused significant environmental harm.
Additionally, a recall program will ensure that non-compliant engines from 2017-2019 meet regulatory standards.
Price Action: TM shares are trading lower by 1.42% at $182.22 in premarket at last check Thursday.
Read Next: <a href="https://www.benzinga.com/25/01/42939311/wayfair-expands-google-cloud-partnership-to-tap-ai-for-cost-cuts-and-efficiency">Wayfair Expands Google Cloud Partnership To Tap AI For Cost Cuts And Efficiency</a>
Photo: Shutterstock

General

Toyota Subsidiary Agrees To $1.6B Settlement Over Emission Data Fraud

Wellchange Holding Company Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WCT#NASDAQ">WCT</a>) ("Company" or the "Wellchange"), an enterprise software solution services provider headquartered in Hong Kong, today announced the pricing of its public offering ("Offering") of 25,000,000 ordinary shares at a public offering price of $0.40 per ordinary share.
Gross proceeds, before deducting placement agent fees and other offering expenses, are expected to be approximately $10 million. The Offering is expected to close on January 17, 2025, subject to customary closing conditions.
Revere Securities LLC is acting as exclusive placement agent in connection with the Offering.
Pacific Century Securities, LLC is acting as advisor to the Company in connection with the Offering.
Ortoli Rosenstadt LLP is acting as counsel to the Company regarding U.S. securities law matters. Hunter Taubman Fischer &amp; Li LLC is acting as U.S. securities counsel for the placement agent.

Offerings

Wellchange Holding Company Prices $10M Public Offering Of 25M Of Its Ordinary Shares At A Price Of $0.40/Share

Benchmark analyst Subash Chandra reiterates Amplify Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMPY#NYSE">AMPY</a>) with a Buy and maintains $11 price target.

Reiteration

AMPY

Benchmark Reiterates Buy on Amplify Energy, Maintains $11 Price Target

JP Morgan analyst Bill Peterson maintains Ivanhoe Electric (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/IE#AMEX">IE</a>) with a Overweight and lowers the price target from $17 to $16.

JP Morgan Maintains Overweight on Ivanhoe Electric, Lowers Price Target to $16

OBDC

Blue Owl Capital Announces Prelim. Q4 NII $0.47 Per Share; Blue Owl Capital Corporation III NII $0.43

Benchmark analyst Bruce Jackson reiterates NeoGenomics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NEO#NASDAQ">NEO</a>) from Hold to Hold.

Benchmark Reiterates Hold on NeoGenomicsto Hold

Benchmark analyst Mark Zgutowicz reiterates Spotify Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) with a Buy and maintains $520 price target.

SPOT

Benchmark Reiterates Buy on Spotify Technology, Maintains $520 Price Target

<ul>
<li>Completed Seven Investments in New and Existing Portfolio Companies Representing&nbsp;$154 Million&nbsp;in Funded Loans &nbsp;</li>
</ul>
MENLO PARK, Calif., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RWAY#NASDAQ">RWAY</a>) ("Runway Growth" or the "Company"), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today provided an operational and portfolio update for the fourth quarter ended December 31, 2024.

RWAY

Runway Provides Operational And Portfolio Update For Q4 Ended December 31, 2024; Completed Seven Investments In New And Existing Portfolio Companies Representing $154M In Funded Loans

Shares of IonQ Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IONQ#NYSE">IONQ</a>) enjoyed <a href="https://www.benzinga.com/topic/quantum-computing">a quantum leap</a> of 33.48% in a single day to close Wednesday at $39.39. The catalyst?
A perfect storm of bullish momentum driving investor buying, including a Microsoft-powered tailwind and a $1 billion deal securing Maryland as the new epicenter of quantum computing.
<h2 class="wp-block-heading">IonQ Stock: Bulls In Charge</h2>
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent011625&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="630" height="490" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/16061647/Screenshot-2025-01-16-at-4.46.34-PM.png" alt="" class="wp-image-736482" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/16061647/Screenshot-2025-01-16-at-4.46.34-PM.png 630w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/16061647/Screenshot-2025-01-16-at-4.46.34-PM-300x233.png 300w" sizes="(max-width: 630px) 100vw, 630px" /></a></figure>
<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent011625&amp;t=be2bearmibe3na1">Chart created using Benzinga Pro</a>
IonQ stock is up over 336% over the past six months. It is riding a strong bullish momentum, with its share price above the five, 20 and 50-day EMAs, signaling buying pressure. IonQ stock's eight-day SMA (simple moving average) at $37.42 confirms a short-term bullish signal, while the 50-day SMA at $33.86 reinforces bullish sentiment.
However, the 20-day SMA at $40.97 presents a minor resistance level, suggesting potential near-term volatility. With the 200-day SMA at just $14.94, IONQ stock remains in a long-term uptrend, keeping the bulls in charge.
Read Also: <a href="https://www.benzinga.com/markets/equities/25/01/43023453/quantum-computing-stocks-continue-their-wild-surge-in-thursday-premarket-qubt-up-15-qbts-climbs-9-rgti-gains-over-3">Quantum Computing Stocks Surge In Thursday Premarket: QUBT Up 15%, QBTS Climbs 9%, RGTI Gains Over 3%</a>
<h2 class="wp-block-heading">Microsoft Says &#8216;Get Quantum-Ready,&#8217; Wall Street Listens</h2>
Microsoft's strategic missions chief Mitra Azizirad fired up the quantum bulls on Wednesday, declaring 2025 "the year to become quantum-ready." 
That was all investors needed to send IonQ shares flying, as the company sits at the forefront of the quantum race with its cloud-accessible quantum computers and expanding partnerships.
IonQ CEO Peter Chapman doubled down on the optimism, <a href="https://investors.ionq.com/news/news-details/2025/IonQ-CEO-on-Timeline-to-Quantum-Value/default.aspx">projecting</a> strong 2024 results and profitability by 2030—a bold call in a sector where commercial viability remains a long game.
<h2 class="wp-block-heading">Maryland's $1B Bet On IonQ</h2>
Beyond the tech buzz, IonQ locked in a<a href="https://investors.ionq.com/news/news-details/2025/State-of-Maryland-University-of-Maryland-Announce-1-Billion-Capital-of-Quantum-Initiative/default.aspx"> $1 billion deal</a> with the state of Maryland to build a 100,000-square-foot quantum computing hub at the University of Maryland. 
The investment is set to accelerate quantum research, create jobs, and cement IonQ's position as a leader in the space.
<h2 class="wp-block-heading">Pentagon's Quantum Play: A $21.1M Air Force Deal</h2>
Adding to its bullish case, IonQ secured a $21.1 million <a href="https://ionq.com/news/ionq-announces-new-usd21-1-million-project-with-united-states-air-force" target="_blank" rel="noreferrer noopener">contract</a> with the U.S. Air Force Research Lab to advance quantum networking infrastructure. 
This follows a $54.5 million deal signed in September, underscoring the military's growing reliance on quantum tech.
<h2 class="wp-block-heading">Reality Check: Quantum Stocks Are Volatile</h2>
Despite the euphoria, IonQ remains a high-beta stock, swinging between massive gains and steep pullbacks. 
The College Park, Maryland-based company is still unprofitable and faces skepticism from bears, including controversial investor Martin Shkreli, who recently suggested shorting quantum computing stocks overvaluation concerns.
<h2 class="wp-block-heading">What's Next?</h2>
With quantum investment topping $50 billion and giants like Amazon, Google, IBM, and Nvidia diving in, the sector's long-term potential is undeniable. But for IonQ investors, the road ahead could be as volatile as the quantum particles they're betting on.
Will IonQ's momentum hold, or is this just another quantum blip? Buckle up—2024 is shaping up to be a make-or-break year for the stock.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/25/01/43001201/nvidia-announces-first-ever-quantum-day-at-gtc-2025-days-after-jensen-huang-said-quantum-computing-is-20-years-away">NVIDIA Announces First-Ever Quantum Day At GTC 2025, Days After Jensen Huang Said Quantum Computing Is 20 Years Away</a></li>
</ul>
Image: Shutterstock

Long Ideas

Technicals

Tech

Trading Ideas

IONQ

IonQ Soars Over 33% After Microsoft's Bold Call: What's Next?

Guidance

Dividends

Buybacks

Morgan Stanley CEO Ted Pick Says We Will Continue To Prudently Grow The Dividend And Opportunistically Repurchase Stock

JP Morgan analyst Ken Goldman maintains Hershey (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HSY#NYSE">HSY</a>) with a Neutral and lowers the price target from $171 to $151.

JP Morgan Maintains Neutral on Hershey, Lowers Price Target to $151

NaaS Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NAAS#NASDAQ">NAAS</a>) ("NaaS" or the "Company"), the first U.S.-listed EV charging service company in&nbsp;China, today announced its charging network has successfully expanded to 360 cities in China as of year-end 2024. This represents over 50% city coverage compared to a total city count of 694 in accordance with National Bureau of Statistics of China&nbsp;(NBS) for year 2023. Among 360 cities NAAS covered, approximately 170 of them increased charging volume through NaaS platform by more than 50% in 2024 compared to 2023. NAAS achieved this new benchmark through robust growth in both supply-side infrastructure and demand-side partnerships:
<ul>
<li>On the supply side, as of September 30, 2024, NaaS had connected nearly 1.15 million chargers to its charging network, accounting for approximately 35%[1] of China's total public charging infrastructure. This critical momentum is a result of NaaS' business strategy focus on core charging services as announced last year and its long-term mission in advancing the sustainable energy transition.</li>
<li>On the demand side, NaaS has expanded its user base through strategic collaborations with major automotive OEM brands. Partnerships with BYD's sub-brands (Dynasty, Ocean, and Fang Cheng Bao), as well as leading players such as NETA, IM Motors, Hongqi, and FAW-Volkswagen, have ensured that electric vehicle (EV) drivers can easily, quickly and reliably access chargers anywhere and at any time.</li>
</ul>

NAAS

Naas Technology Charging Network Accomplishes 50% City Coverage In China

LUCY

Innovative Eyewear's Lucyd Armor Glasses Receive CAN/CSA Z94.3:20 Safety Certification

&nbsp;Tantech Holdings Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TANH#NASDAQ">TANH</a>) ("Tantech" or the "Company") today announced that&nbsp;its subsidiary, Gohomeway Group Inc., successfully completed its EU trademark registration application under a fast-track review status.
The registered trademark, classified as a "graphic trademark containing textual elements," features the core text "GOHOMEWAY" in black and yellow as the primary color schemes. It will span multiple categories of goods and services under Gohomeway, including wooden flooring, engineered wood flooring, and other building materials (Class 19), furniture, cabinets, and household storage solutions (Class 20), and e-commerce, advertising, and business consultancy services (Class 35).
This achievement underscores Gohomeway's excellence in the home furnishing and building materials sector and lays a solid foundation for its strategic expansion in the European market. The successful trademark registration signifies another breakthrough for Tantech (TANH) in international markets.

TANH

Tantech's Gohomeway Group Successfully Registers EU Trademark

1847 Holdings LLC (NYSE:<a href="https://www.benzinga.com/stock/EFSH#NYSE">EFSH</a>) ("1847 Holdings" or the "Company") today announced the engagement of Two Roads Advisors, a boutique investment bank specializing in mergers and acquisitions, to manage the sale process for its subsidiary, Wolo Manufacturing Corp. ("Wolo").
Wolo is a leading manufacturer and distributor of vehicle horns and safety products, offering a comprehensive range of electric and air horns for trucks, marine vessels, motorcycles, and industrial equipment. The company also provides a broad array of vehicle emergency and safety warning lights for cars, trucks, industrial equipment, and emergency vehicles.
The sale of Wolo represents a key objective in 1847 Holdings' strategy to optimize its portfolio and focus on acquisitions of businesses with $5 million or more in EBITDA. While the Company remains open to acquiring smaller businesses with $1-2 million in EBITDA, these will only be considered as tuck-in acquisitions to complement existing platforms. This marks an important step for 1847 Holdings in refining its portfolio and prioritizing larger, scalable opportunities that align with its growth objectives.

Asset Sales

EFSH

1847 Holdings Announces The Engagement Of Two Roads Advisors, A Boutique Investment Bank Specializing In Mergers And Acquisitions, To Manage The Sale Process For Its Subsidiary, Wolo Manufacturing Corp.

JP Morgan analyst Bill Peterson maintains Freeport-McMoRan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>) with a Neutral and lowers the price target from $55 to $48.

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