MK Plus, a Japanese battery company with a 5% stake held by Phenom Resources, received nearly $12 million from the Swedish Energy Agency to advance industrial-scale production of its Vanadium Solid-State Battery technology. The funding supports the development and scaling of their battery manufacturing facility in Sweden, which is being retooled to begin commercial battery deliveries this fall to customers in Europe and the Middle East. MK Plus is expanding its commercial reach under the Vanadis Energy brand, aiming to meet growing demand for safe, long-life energy storage solutions globally. Phenom will continue updating shareholders as MK Plus progresses in production and international expansion.
Intel recently sold $20 billion worth of its stock at $95 per share. Since the sale, the stock price has dropped and is now trading below $93. This decline means investors who bought at the offering price are facing immediate losses. The price moveme...
Masayoshi Son holds 67% of SoftBank's U.S. stock portfolio in Intel shares. Despite this large stake, SoftBank did not purchase any additional Intel shares in the last quarter. This suggests a pause or cautious approach in expanding their investment ...
Solana exchange-traded funds (ETFs) attracted $15 million in inflows during their largest session in three weeks. This surge indicates renewed investor interest in Solana-based assets, potentially driven by positive market sentiment or developments r...
Zcash (ZEC) surged 17.49% to $668.60 following Grayscale's move to list its Zcash Trust on NYSE Arca, aiming to improve liquidity and share redemption options. Grayscale also discussed a potential contribution of 200,000 ZEC from DCG, though this is ...
Joseph Devivo, CEO of Butterfly Network, sold 68,346 shares of the company. Insider sales like this can indicate personal financial decisions or strategic moves regarding the company's stock. Investors often watch such transactions closely as they ma...
