Nova Scotia-based nanotech company Meta Materials Inc. reports a major revenue increase just as it signs an agreement to help reduce the cost and weight of batteries for electric vehicles, extend their range, and improve their safety.
The Fed's mandate is 2% inflation and maximum employment. Expert Ron Struthers believes they have lots of room to soften the job market. Struthers also sees promise with three stocks. Gilat Satellite is growing sales, Callon Petroleum is undervalued, and Zonte Metals has a unique situation.
Industrial hemp is legal in all 50 states, and companies are working to get CBD, insulation, textiles, and biofuel made from it to the masses. These three companies hope their partnership will help connect the growers and buyers.
Shares of Viasat Inc. traded 27% higher yesterday after the global communications firm reported it has agreed to sell its Link 16 Tactical Data Links Business to L3Harris Technologies for US$1.96 billion.
Shares of Zscaler Inc. traded 22% higher after the cloud-security platform provider reported Q4/22 financial results that included a 61% YoY increase in total revenue.
The company's Zero Trust Exchange platform utilizes what the firm claims is "the largest security cloud on the planet" to make doing business easier, faster, and more productive.