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INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Next Bridge Hydrocarbons, Inc. Investors

Retrieved on: 
Thursday, March 21, 2024

NBH investors have until May 14, 2024 to file a lead plaintiff motion.

Key Points: 
  • NBH investors have until May 14, 2024 to file a lead plaintiff motion.
  • Investors suffering losses on their NBH investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to [email protected] .
  • In June 2021, NBH, formerly known as Torchlight Energy Resources, Inc. (“Torchlight”) merged with Metamaterial Technologies Inc.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Global Shipments of Wearables Devices Saw Modest Growth in 2023 with Improved Demand Expected in 2024 and Beyond, According to IDC

Retrieved on: 
Wednesday, March 20, 2024

However, shipments grew 1.7% in Asia/Pacific and in China largely due to strong interest in emerging markets.

Key Points: 
  • However, shipments grew 1.7% in Asia/Pacific and in China largely due to strong interest in emerging markets.
  • The next two years saw the aftermath of that success as demand began to wane and shipments steadily declined," said Ramon T. Llamas , research director with IDC's Wearables team.
  • While the market declined slightly in 4Q23, global shipments of wearable devices managed to grow 1.7% for the full year 2023.
  • With the global economy on a path to recovery, wearables are poised for additional growth in 2024 as device shipments are forecast reach 559.7 million units, up 10.5% over 2023.

The Shareholder Commons Publishes Portfolios on the Ballot 2024, an Investor Guide to Systems-First Proxy Voting

Retrieved on: 
Wednesday, March 20, 2024

Portfolios on the Ballot flags initiatives designed to protect the social and environmental systems that support all the companies in a diversified portfolio.

Key Points: 
  • Portfolios on the Ballot flags initiatives designed to protect the social and environmental systems that support all the companies in a diversified portfolio.
  • In conjunction with the launch, TSC will hold a three-part webinar series starting on March 26th to highlight issues on the ballot and discuss how diversified investors can protect the value of their diversified portfolios this proxy season.
  • “This year, we have collected dozens of shareholder initiatives that aim to protect diversified investors’ common interests in protecting the systems that underlie a thriving economy,” says Rick Alexander, the CEO of The Shareholder Commons.
  • Portfolios on the Ballot highlights the ability of investors to steward the systems upon which the economy depends in the 2024 proxy season.

$1 Million to Benefit Red Lake Reservation Housing Authority Through Federal Home Loan Bank of Des Moines’ Affordable Housing Program

Retrieved on: 
Wednesday, March 20, 2024

The Federal Home Loan Bank of Des Moines (FHLB Des Moines) partnered with its member First National Bank Bemidji to award Red Lake Reservation Housing Authority (RLRHA) a $1 million grant to support the construction of nearly 30 new three-bedroom single-family units on the Red Lake Reservation in Minnesota.

Key Points: 
  • The Federal Home Loan Bank of Des Moines (FHLB Des Moines) partnered with its member First National Bank Bemidji to award Red Lake Reservation Housing Authority (RLRHA) a $1 million grant to support the construction of nearly 30 new three-bedroom single-family units on the Red Lake Reservation in Minnesota.
  • View the full release here: https://www.businesswire.com/news/home/20240320834034/en/
    The Federal Home Loan Bank of Des Moines partnered with its member First National Bank Bemidji to award Red Lake Reservation Housing Authority a $1 million grant to support new housing on the Red Lake Reservation in Minnesota.
  • (Photo: Business Wire)
    Red Lake Reservation is owned and occupied entirely by members of the Red Lake Band of Chippewa Indians — the only such reservation in Minnesota.
  • The proposed project units will be located in four communities on the Red Lake Reservation: Red Lake, Little Rock, Redby and Ponemah.

Global Sustainable Data Center Market Sees Notable Growth with Increased Focus on Renewable Energy and Efficient Cooling Solutions - ResearchAndMarkets.com

Retrieved on: 
Wednesday, March 20, 2024

The "Global Sustainable Data Center Market - Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Sustainable Data Center Market - Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • These initiatives have been instrumental in propelling the Latin American market towards greener data center solutions and are anticipated to make significant strides by 2030 as facilities shift to rely solely on renewable energy sources.
  • The report's geographic analysis reveals that Western Europe and Nordic countries are leading in the adoption of renewable energy sources for data center operations.
  • The electrical and mechanical infrastructure segments are also spotlighted for their role in supporting market growth through the deployment of modern, eco-friendly solutions.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Next Bridge Hydrocarbons, Inc. on Behalf of Investors

Retrieved on: 
Wednesday, March 20, 2024

Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Next Bridge Hydrocarbons, Inc. (“NBH” or the “Company”) (Private) investors concerning the Company’s possible violations of the federal securities laws.

Key Points: 
  • Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Next Bridge Hydrocarbons, Inc. (“NBH” or the “Company”) (Private) investors concerning the Company’s possible violations of the federal securities laws.
  • You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.
  • In June 2021, NBH, formerly known as Torchlight Energy Resources, Inc. (“Torchlight”) merged with Metamaterial Technologies Inc. (“Meta Materials”).
  • In connection with the merger, Torchlight shareholders received shares of non-voting Meta Materials preferred stock, corresponding to the oil and gas assets acquired from Torchlight.

Introducing TigerEye: AI-Powered Strategic Planning and Performance

Retrieved on: 
Tuesday, March 19, 2024

TigerEye was founded with a clear mission: to help companies with the best products win through strategic planning and predictable growth.

Key Points: 
  • TigerEye was founded with a clear mission: to help companies with the best products win through strategic planning and predictable growth.
  • The platform simplifies team expansion and ramp-up time planning, key for sales planning to ensure optimal resource allocation and preparedness.
  • TigerEye will connect with customers’ enterprise resource planning (ERP) to understand spend and simulate the budget required for planning scenarios.
  • A new beta launching soon with NetSuite will bridge the gap between customer relationship management and enterprise resource planning systems and unify strategic and financial planning on a single platform to resolve the challenges of fragmented planning and execution.

The Law Offices of Frank R. Cruz Announces Investigation of Next Bridge Hydrocarbons, Inc. on Behalf of Investors

Retrieved on: 
Tuesday, March 19, 2024

The Law Offices of Frank R. Cruz announces an investigation of Next Bridge Hydrocarbons, Inc. (“NBH” or the “Company”) (Private) on behalf of investors concerning the Company’s possible violations of federal securities laws.

Key Points: 
  • The Law Offices of Frank R. Cruz announces an investigation of Next Bridge Hydrocarbons, Inc. (“NBH” or the “Company”) (Private) on behalf of investors concerning the Company’s possible violations of federal securities laws.
  • In June 2021, NBH, formerly known as Torchlight Energy Resources, Inc. (“Torchlight”) merged with Metamaterial Technologies Inc. (“Meta Materials”).
  • In connection with the merger, Torchlight shareholders received shares of non-voting Meta Materials preferred stock, corresponding to the oil and gas assets acquired from Torchlights.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Spiritus Announces the First “Carbon Orchard” for Direct Air Capture, will Sequester 2 Megatons of Carbon Annually in Wyoming

Retrieved on: 
Tuesday, March 19, 2024

The facility, known as Orchard One, will be one of the world’s largest direct air capture facilities, capable of capturing and sequestering up to two megatons of carbon from the atmosphere annually.

Key Points: 
  • The facility, known as Orchard One, will be one of the world’s largest direct air capture facilities, capable of capturing and sequestering up to two megatons of carbon from the atmosphere annually.
  • Orchard One will bring hundreds of jobs to Wyoming, and will begin carbon removal in 2026.
  • Spiritus is pioneering a new offering for direct air capture, the gold standard for high-quality carbon dioxide removal (CDR), that makes direct air capture accessible within all net-zero portfolios by driving a tenfold reduction in cost from current standards.
  • Stakeholders can now include top-quality direct air capture from Orchard One in their portfolios, overcoming a major concern with alternative lower-quality lower-permanence carbon credits and offsets.

IDC Forecasts Robust Growth for AR/VR Headset Shipments Fueled by the Rise of Mixed Reality

Retrieved on: 
Tuesday, March 19, 2024

While global shipments for augmented reality and virtual reality (AR/VR) headsets declined 23.5% in 2023, 2024 is shaping up to be a year of recovery as shipments are forecast to surge 44.2% to 9.7 million units, according to new data from the International Data Corporation ( IDC ) Worldwide Quarterly Augmented and Virtual Reality Headset Tracker .

Key Points: 
  • While global shipments for augmented reality and virtual reality (AR/VR) headsets declined 23.5% in 2023, 2024 is shaping up to be a year of recovery as shipments are forecast to surge 44.2% to 9.7 million units, according to new data from the International Data Corporation ( IDC ) Worldwide Quarterly Augmented and Virtual Reality Headset Tracker .
  • New headsets such as Apple's Vision Pro and additional launches towards the end of the year will help drive growth as macroeconomic conditions improve across the globe.
  • "Along with Apple, many companies such as Meta and others have already begun their journey, transitioning from VR to Mixed Reality; ultimately laying the groundwork for true AR experiences."
  • Next, look at how companies will increasingly incorporate artificial intelligence to analyze data and generate virtual content for the user.