WISA - サミット・セミコンダクタ― （Summit Wireless Technologies Inc.）

Lyft (NASDAQ: LYFT ) stock is a hot topic among traders on Tuesday after the ride-sharing company revealed a new CEO ! This comes as co-founder and CEO Logan Green switches to the non-executive role of Board chairman. This will result in David Risher taking over as the next CEO of Lyft starting on April 17. Risher is a veteran in the tech space having held leadership positions at both Amazon (NASDAQ: AMZN ) and Microsoft (NASDAQ: MSFT ). He joined Luyft’s Board of Directors back in July 2021 and was selected for the CEO role after a search for the company’s next leader. Risher will have full leadership responsibilities at Luft when he takes on the CEO role. That’s due to co-founder and president John Zimmer switching to the non-executive vice chairman of the Board role alongside Green. What Wall Street Thinks About The CEO Change Bloomberg Intelligence analyst Mandeep Singh said the following about Lyft getting a new CEO. “The decision suggests that Lyft is in a tough competitive position, given operational challenges vs. larger rival Uber.

Alibaba (NYSE: BABA ) stock is on the rise Tuesday after the company revealed plans to split up into six businesses. The big news here is that Alibaba will switch to a business model that has it acting as a holding company . That will see its current business broken down into six new businesses. These businesses will have their own leadership teams and will be able to pursue their own funding, including initial public offerings (IPOs). Let’s get into those businesses below! Alibaba’s New Businesses Taobao Tmall Commerce Group — This business will focus on the company’s domestic e-commerce marketplaces. Global Digital Commerce Group — This business will handle the company’s overseas e-commerce operations. Cloud Intelligence Group — This new business will take care of Alibaba’s cloud computing unit. Local Services Group — This one is going to focus on the company’s food and grocery delivery business. Cainiao Smart Logistics — This business handles the logistics for Alibaba and third parties.

WiSA Technologies (NASDAQ: WISA ) stock is falling on Tuesday but that’s only after the company’s shares underwent a rally yesterday. The news that sent WISA stock higher yesterday has to do with its Nasdaq listing . The company was previously in danger of being delisted from the exchange. However, it got confirmation yesterday that it had traded above the $1 minimum bid price that threatened its listing. The excitement from that news kicked off a rally alongside heavy trading on Monday. However, the company’s stock isn’t keeping that momentum during the following day. Even so, its shares are trading at around $2.67, which keeps it well away from delisting again. Investors will also note that WISA stock is seeing a fair amount of trading on Tuesday morning. As of this writing, some 860,000 shares of the stock have been traded. That’s closing in on its daily average trading volume of about 1.3 million shares. What Is WiSA Technologies? WiSA Technologies is a company focused on the development, manufacturing, and sale of spatial audio wireless technology .

After the positive news about the SVB, investors are more risk averse, which supports the stock markets. Earlier Monday, the Federal Deposit Insurance Corporation (FDIC) said that deposits and loans from bankrupt Silicon Valley Bank were being transferred to US-based First-Citizens Bank. First Citizens jumped 42%, First Republic Bank - 16%. California regulators on March 10 closed Silicon Valley Bank, one of the twenty largest banks in the United States. It was the largest bank failure in the US since the 2008 financial crisis. At the close in the New York Stock Exchange, the Dow Jones rose 0.60%, the S&P 500 index rose 0.16%, the NASDAQ Composite index fell 0.47%. International Business Machines (NYSE:IBM) was the top performer in the Dow Jones Index today, up 4.02 points or 3.21% to close at 129.31. JPMorgan Chase & Co (NYSE:JPM) rose 3.58 points or 2.87% to close at 128.49. American Express Company (NYSE:AXP) rose 3.34 points or 2.09% to close at 163.12. The least gainers were Nike Inc (NYSE:NKE), which shed 2.90 points or 2.40% to end the session at 117.81.

After a challenging month and an even harder year, WiSA Technologies (NASDAQ: WISA ) finally has some good news to report. The wireless audio technology developer has spent the entire year in an undeniable race to the bottom, losing more than 97% of its value. However, today WISA stock is skyrocketing on news that the company has finally regained compliance with the Nasdaq . While it has lost some of its previous momentum, it is currently up 90% for the day, moving from less than $2 per share to more than $3.75. Does this mean e troubled company is finally back on the right track after a losing year? Let’s take a closer look at today’s news and what investors can expect in 2023. What’s Happening With WISA Stock Formerly known as Summit Wireless Technologies, WiSA hasn’t had much good news since its Amazon (NASDAQ: AMZN ) storefront launch in July 2021. Since then, negative catalysts such as an ill-fated securities offering and general negative market momentum have helped push it down continuously.

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Gainers USA Truck, Inc. (NASDAQ: USAK ) shares climbed 112.6% to close at $31.00 on Friday. DB Schenker and USA Truck announced plans to combine and create premier North American transportation solutions provider. Benitec Biopharma Inc. (NASDAQ: BNTC ) jumped 64.9% to close at $1.22. Benitec Biopharma, last month, posted a Q3 loss of $0.40 per share. ToughBuilt Industries, Inc. (NASDAQ: TBLT ) climbed 55.2% to close at $2.70 after jumping 26% on Thursday. ToughBuilt Industries reported closing of $6 million public offering. T Stamp Inc. (NASDAQ: IDAI ) gained 36% to close at $1.85. Sera Prognostics, Inc. (NASDAQ: SERA ) jumped 34.6% to close at $1.75. WiSA Technologies, Inc. (NASDAQ: WISA ) surged 32.9% to close at $0.80. FingerMotion, Inc. (NASDAQ: FNGR ) rose 30.4% to settle at $1.80. Boxed, Inc. (NYSE: BOXD ) gained 29.6% to close at $2.32. Ikena Oncology, Inc. (NASDAQ: IKNA ) surged 29.4% to close at $5.37. Ikena Oncology recently received Fast Track designation from the U.S. Food and Drug Administration (FDA) for IK-930, in patients with unresectable NF2-deficient malignant pleural mesothelioma (MPM).

The following slide deck was published by WiSA Technologies, Inc.

WiSA Technologies (NASDAQ: WISA ) reported its Q1 earnings results on Wednesday, May 11, 2022 at 06:00 AM. Here''s what investors need to know about the announcement. Earnings WiSA Technologies missed estimated earnings by 62.5%, reporting an EPS of $-0.26 versus … Full story available on Benzinga.com

Summit Wireless Technologies press release (WISA): Q1 Revenue of $0.6M (-50.0% Y/Y) misses by $0.78M.Q1 gross margin was 11%, compared to 26% in Q1 2021 and 30% in Q4 2021,…

BEAVERTON, Ore.--(BUSINESS WIRE)--WiSA Technologies, Inc. (Nasdaq: WISA) (“WiSA Technologies” or “Company”) reported its first quarter 2022 financial results. In its conference call and presentation later today, management will be discussing the Company’s design cycle and the expanding number of applications and end markets for its technology coming to market in 2022 and 2023. “As we communicated in our Q4 2021 announcement, Q1 2022 revenue declined from Q4 2021 as supply chain issues worked th