The stock market has taken a nose dive due to fears that a looming trade war will take a toll on the U.S. economy. While the recent declines have hit nearly every sector, no group of stocks has fared worse than the big tech leaders that have been benefiting from the rise of artificial intelligence (AI).
Genius Sports excels in real-time sports data and betting, showing strong revenue growth but faces challenges like regulatory uncertainties and dependence on sportsbooks. Impressive 2024 financials with 24% revenue growth and positive cash flow, yet high valuation and unprofitability raise concerns. Betting revenue surged 48%, driven by in-play wagering and contract renewals, but future growth may slow without constant renewals.
LONDON & NEW YORK--(BUSINESS WIRE)--Genius Sports Limited (“Genius Sports”) (NYSE:GENI) today announced that it will release its fourth quarter and full year 2024 results before 8:00AM ET on Tuesday, March 4, 2025. At 8:00AM ET on the same day, Genius Sports will host a conference call to discuss the results. Genius Sports' earnings press release and related materials will be available at investors.geniussports.com. To listen to the live audio webcast and Q&A, please visit Genius Sports' in.
SINGAPORE, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading AI-powered, Bitcoin-first education group, announced today that its Board of Directors (the “Board”) has called for an EGM for shareholders to authorize the Board to carry out a share buyback of up to 20% of the issued share capital of the Company, and to approve the creation of a new class of ordinary shares and preferred shares. In light of the Company's current share price below the exercise price of its previously announced rights offering, the Board has also voted to cancel the rights offering at this time.
New York, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Diamond Equity Research Releases Update Note on Genius Group Ltd. (NYSE: GNS) New York, NY Diamond Equity Research, a leading equity research firm with a focus on small capitalization public companies has released an update note on Genius Group Ltd.
MONTRÉAL, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Genius Metals Inc. (TSXV: GENI) (the “Company”) held its annual and special meeting of shareholders on January 16th, 2025 (the "Meeting"). The Company is pleased to announce that shareholders representing more than 99% of votes cast approved a special resolution authorizing the Company to amend its articles to change its name to "Morocco Strategic Minerals Corporation" and "Corporation de minéraux stratégiques du Maroc" as its French name.
NOT FOR DI S SEMINATION I N T H E UNI T ED NOT FOR DI S SEMINATION I N T H E UNI T ED STATE S OR FOR DI S TRI B UT I ON TO U . S. NEWS W I RE SERVICES
Demonstrating High Performance in “Atari Challenge” with 90% Less Data, 96% Faster Training, 96% Smaller Model Size; Applicable to Real-World Challenges Demonstrating High Performance in “Atari Challenge” with 90% Less Data, 96% Faster Training, 96% Smaller Model Size; Applicable to Real-World Challenges
Shares in Genus PLC (LSE:GNS) rose 20% on Wednesday after the animal genetics company said its half-year adjusted profit before tax would exceed expectations, reaching at least £35m. The strong performance was driven by growth in its PIC (Pig Improvement Company) division, which outperformed forecasts with increased volumes and profits in the Americas and Asia, alongside gains from its ABS Value Acceleration Programme.
SINGAPORE, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading AI-powered, Bitcoin-first education group, announced today that its Board of Directors (the “Board”) has approved a plan to proceed with a $33 million rights offering for the Company's ordinary shares (the “Rights Offering”), with 100% of net proceeds to be used to purchase Bitcoin for the Company's Bitcoin Treasury. The Rights Offering will be made only by means of a prospectus supplement, and this announcement does not constitute an offer to sell, or a solicitation of an offer to buy, any of securities.