Reconnaissance Energy Africa Ltd (TSX-V:RECO, OTCQX:RECAF) (ReconAfrica) announced that it has completed its strategic farm down agreement for Petroleum Exploration License 73 (PEL 73) in northeast Namibia with BW Energy.
The company’s sale of a 20% working interest in PEL 73 was approved by the Namibian Ministry of Mines and Energy.
Midnight Sun Mining Corp (TSX-V:MMA, OTCQB:MDNGF) revealed high-grade oxide copper intercepts from its 2024 drilling program at the Kazhiba Target, part of the Solwezi Project in Zambia.
The program aimed to validate the potential oxide copper resource at Kazhiba, which is located near to First Quantum’s Kansanshi Copper Mine.
OKYO Pharma Ltd (NASDAQ:OKYO) has provided an update on its clinical programs along with the release of interim financial results for the six months ending in September 2024.
The company said it expects to complete enrollment of its Phase 2a trial of its investigational therapeutic OK-101 in neuropathic corneal pain (NCP) by the end of the second quarter.
Nvidia Corp (NASDAQ:NVDA, ETR:NVD) shares fell on Wednesday on the back of reports that the White House is examining further tightening of controls on chip exports to China.
The Trump administration is mulling deeper curbs on the sale of the semiconductor company's H20 chips, Bloomberg reported.
Shares in F5 Inc (NASDAQ:FFIV) leapt 11% higher after the multi-cloud management specialist said that it enjoyed a record quarter of revenue growth thanks to trends for "hybrid multicloud" and artificial intelligence.
Hybrid multicloud refers to a cloud computing environment where technologies are used to manage and secure applications across a combination of public cloud providers like AWS and Azure, and an organization's own on-premises infrastructure.
T-Mobile US Inc (NASDAQ:TMUS, ETR:TM5) shares rang up 7% gains after reporting earnings that beat expectations as it added more new customers than its main rivals.
A net 263,000 new accounts were added in the fourth quarter of 2024, making a total of 1.1 million for the whole year, which it boasted was an "industry best", with a net 903,000 postpaid phone customers also the best in what is the wireless network operator's most lucrative contract.
Shares in Nasdaq Inc (NASDAQ:NDAQ) fell over 4% in early trading after the New York exchange operator reported its own earnings.
"2024 was a transformative year for Nasdaq," said chair and CEO Adena Friedman, with the integration of AxiomSL and Calypso into its Financial Technology division.
Shares in ANGLE PLC (AIM:AGL, OTCQX:ANPCY) rose 15% after the company unveiled research suggesting that analysing whole tumour cells in the blood could provide a more complete picture of cancer than DNA fragments alone.
The study, conducted using Illumina’s sequencing technology, examined blood samples from 27 lung cancer patients. It found that critical genetic mutations were sometimes detectable only in intact tumour cells and not in circulating tumour DNA.
Louis Vuitton Moet Hennessy shed 6% on Wednesday after news of stronger fourth-quarter sales failed to impress against a backdrop of heightened expectations.
Sales climbed 1% to €23.9 billion (£20.0 billion) in the three months to December, aiding a 1% improvement over the full year to €84.7 billion.