Getty Images (NYSE:GETY) and Shutterstock Inc (NYSE:SSTK) have announced they have entered into a merger agreement to create a single visual content company valued at $3.7 billion.
The combined company will be named Getty Images Holdings and will continue to trade on the New York Stock Exchange under the ticker symbol “GETY.”
Synchronoss Technologies Inc (NASDAQ:SNCR) has unveiled its next-generation personal cloud platform at the CES 2025 conference in Las Vegas.
Synchronoss Personal Cloud featured expanded AI-powered photo editing tools and a significantly improved interface, the company said, and made it easier for users to store and backup photos, videos and files between devices.
Immunic Inc (NASDAQ:IMUX) has reflected on key milestones achieved in 2024, including advancing its novel therapy, vidofludimus calcium, toward key data readouts and securing significant funding to progress its clinical programs.
In a statement, the company said it expects top-line data from the Phase 2 CALLIPER trial of vidofludimus calcium in progressive multiple sclerosis (PMS) in April 2025.
G Mining Ventures Corp (TSX:GMIN, OTCQX:GMINF) announced that it has received an Interim Environmental Permit from Guyana's Environmental Protection Agency for the Oko West gold project.
This one-year permit, combined with a "No Objection" letter from the Guyana Forestry Commission, allows the company to begin early construction activities.
Tesla Inc (NASDAQ:TSLA) has lost its ‘Buy’ rating from Bank of America on growing risks around product execution ahead.
Bank of America bumped Elon Musk’s electric vehicle giant to a ‘hold’ rating in a note, suggesting catalysts around future growth had now been fully realized.
Nvidia Inc fleetingly took the crown as the largest company in the world from Apple Inc (NASDAQ:AAPL, ETR:APC) on Tuesday.
With its shares rising 1.5%, the chipmaker's market cap topped $3.71 trillion, while Apple shares dropped 0.3% and its valuation eased to just under $3.7 trillion.
FuboTV Inc shares added another 10% before Tuesday’s trading after news of a deal with Walt Disney Co (NYSE:DIS, ETR:WDP) sent the stock over 250% higher on Monday.
Earlier in the week, Disney unveiled plans to merge its Hulu + Live TV wing with Fubo to create North America’s second-largest online pay-TV company, behind YouTube TV.