Orbsat Stock More Than Doubles On Global E-commerce Expansion With Launch On Alibaba.com
Shares of Orbsat Corp. (OSAT) more than doubled on Tuesday morning after the IoT and connectivity solutions company announced global expansion of its business by launching on Alibaba.com.
OSAT is currently trading at $13.54, up $6.87 or 103.00%, on the Nasdaq. While, OSATW, the company’s stock listed on Nasdaq GS, is trading at $8.30, up $5.94 or 251.69%.
Orbsat announced that its Global Telesat Communications (GTC) unit has entered into an agreement with Alibaba.com, the e-commerce website owned by Alibaba Group (BABA). GTC will be a Gold- Supplier on Alibaba.com, the world’s largest Business-to-Business (B2B) e-commerce website.
Aventura, Florida-based Orbsat provides satellite communications solutions to governments, corporations, military and individual users, enabling them to stay connected.
Bridgeline Digital Soars 50% On New Contract With Singaporean Govt. Agency
Shares of Bridgeline Digital, Inc. (BLIN) are surging over 50% on Tuesday morning after the cloud-based marketing technology software provider announced that a government agency in Singapore has signed a 3-year agreement with Hawksearch.
BLIN is currently trading at $9.33, up $3.32 or 55.24%, on the Nasdaq, on a volume of 31.4 million shares, far above the average volume of 8.1 million shares. The stock has traded between $1.62 and $14.38 in the 52 week period. The stock has gained nearly five-fold in that period.
Hawksearch is a site search and recommendation platform with broad suite of eCommerce apps.
Supercut Exposes Fox News’ Mixed Messages On COVID-19 Vaccines
Fox News’ mixed messaging on COVID-19 vaccines is highlighted in a montage that aired on MSNBC’s “The Beat with Ari Melber” on Monday.
In the 30-second clip, some personalities on the conservative network hail health care workers on the front lines of the pandemic and encourage people to receive the shots that scientists and public health bodies worldwide have declared safe and effective at mitigating the spread of the coronavirus.
Others, such as prime time hosts Tucker Carlson and Laura Ingraham, offer up skeptical takes on the jabs — and rail against President Joe Biden’s proposed door-to-door vaccine drive.
The supercut aired amid a worrying slowdown in vaccination rates and the rise of the more transmissible delta variant of the virus.
Watch the video here:
A HuffPost Guide To Coronavirus
- Do your vaccine side effects predict how you’d react to COVID-19?
- “I’ve been sick from COVID-19 for almost a year.”
- Should children go to camp this summer?
- These are the most common ways the COVID-19 pandemic has affected mental health.
- Find all that and more on our coronavirus hub page.
Huize Holding Gains 4% On Partnership With Sungrow
Shares of Huize Holding Limited (HUIZ) are currently gaining over 4% after the Chinese digital insurance company announced that it has partnered with Sungrow to launch immune cell cryopreservation as a value-added healthcare service for eligible insurance customers.
HUIZ is currently trading at $5.42, up $0.21 or 4.03%, on the Nasdaq, on a volume of 2.4 million shares, above the average volume of 171 thousand. The stock has traded between $5.06 and $13.85 in the 52 weeks period.
The immune cell cryopreservation technology is supported by BGI Cell, and refers to the use of advanced biotechnology to extract immune cells from a healthy human body to be preserved at temperatures below -196°C. These dormant cells can be reactivated in the future and are valuable for anti-aging, tissue regeneration, immune regulation, and other disease treatments.
Allied Healthcare Products Stock Nearly Doubles
Shares of Allied Healthcare Products, Inc. (AHPI) have nearly doubled on Tuesday morning no company-centric news that could move the stock.
AHPI is currently trading at $7.70, up $3.74 or 94.44%, on the Nasdaq, on a volume of 20.8 million shares, above the 3-month average volume of 207 thousand. The stock has traded between $3.45 and $13.27 in the 52 week period.
St. Louis, Missouri-based Allied Healthcare Products is a maker of respiratory care and anesthesia products for use in the health care industry.
European Economics Preview: Germany Industrial Output Data Due
Industrial production from Germany and house prices from the UK are due on Wednesday, headlining a light day for the European economic news.
At 2.00 am ET, Destatis is slated to issue Germany’s industrial production data for May. Economists forecast industrial output to grow 0.5 percent on month, in contrast to a 1 percent fall in April.
At 2.45, foreign trade and current account figures are due from France.
At 3.00 am ET, the Czech Statistical Office is scheduled to issue industrial and construction output and foreign trade data. Industrial output is seen rising 32.7 percent annually in May.
Half an hour later, UK Halifax house price data is due. Economists forecast house prices to climb 1.2 percent on month in June, slower than the 1.3 percent rise in May.
In the meantime, Statistics Sweden is set to release industrial output and new orders data.
At 4.00 am ET, Italy’s Istat publishes retail sales for May. Sales had decreased 0.4 percent in April.
At 5.00 am ET, EU economic forecast is due from the European Commission.
Boeing Shares Down 3% As Company Announces Q2 Deliveries
Shares of The Boeing Company (BA) are down 3% on Tuesday’s trading even as the company announced major program deliveries of its commercial and defense operations for the second quarter of the year.
The company also said that it had made considerable safety progress in returning the 737 MAX to service in more international markets and increasing the pace of 737 deliveries during the second quarter.
“We will continue to take the necessary time to ensure Boeing airplanes meet the highest quality prior to delivery. Across the enterprise, our teams remain focused on safety and integrity as we drive stability, first-time quality and productivity in our operations,” Boeing added.
Currently trading at $229.82, the stock has traded between $141.58 and $278.57 during the past 52 weeks.