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Unexpected licensing deal has shorts scrambling 🏃

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360wallstreet.io

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360wallstreet@mail.beehiiv.com

Sent On

Fri, May 10, 2024 01:23 PM

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Hold on to your portfolios!

Hold on to your portfolios!                                                                                                                                                                                                                                                                                                                                                                                                                 May 10, 2024 Unexpected licensing deal has shorts scrambling 🏃 Hold on to your portfolios! Good morning! If you missed our spotlight stock Wednesday — no fear as we have another great opportunity below! Be the best prepared trader on the Street! FOCUS LIST🔎 NVAX - Up over 100% in the pre-market after licensing deal with Sanofi worth up to $1.2 billion LIDR - Up over 35% in pre after announcing partnership with automotive electronics and vision solutions provider Liteon SOUN - Up over 14% in pre after reporting 73% Q1 2025 revenue growth, partnership with Perplexity Spotlight💡 *sponsored by Interactive Offers Remember last week, when we alerted DTCK to you when it was trading just over $1? If you put $1000 into that idea, you would have seen it grow to over $1600 this week. Just before that, we showed you a small biotech company primed to run. It went on to move over 20% the same day, and then hit a new 52-week high yesterday (now up 30% since I told you about it last week). .And just Wednesday, we showed you a new stock that is trying to find a vaccine for Bird Flu… it ran over 20% just hours later, and then it also hit a new 52-week high yesterday. We expect this to be a very volatile stock, but you are like us and love fast-moving stocks – you are going to love this one! Log on to your stock platform and look up Treasure Global (TGL) right now. The first thing you should look at is the series of “GO” signals right at the 20-hour moving average. We circled the last 3 times that happened over the past few weeks on the chart below… That one signal (which you know we love), has led to 3 rallies in the double (or TRIPLE) digits. Now look at the signal at the end of the chart that just fired. It is perfect. It is another “GO” signal right above the hourly line. TGL is a time-sensitive idea to look at. [Click here]( to read more details on our top idea today. *Sponsored content/paid ad. This investment involves substantial risk. Please see full disclosure below, and detailed discussion of risks and atypical results. HOTLIST🔥 NVAX - Up over 100% in the pre-market after licensing deal with Sanofi worth up to $1.2 billion Novavax, Inc. (NVAX) is a biotechnology company, that promotes improved health by discovering, developing, and commercializing vaccines to protect against serious infectious diseases. Overnight, NVAX reported earnings and [announced that it had struck a licensing deal]( worth up to $1.2 billion with Sanofi for COVID-19 vaccines in exchange for a stake that doubles NVAX’s market value based on yesterday’s close. Sanofi will take a 4.9% stake in NVAX for $70 million. The deal, entitles Novavax to an upfront cash payment of $500 million plus milestone-based payments and proceeds from the equity stake sale. The stock traded up over 100% in the pre-market in reaction to the news. The $10.70 area acted as resistance and will be an important level to watch. Above it, targets to the upside are $11.70 and then the pre-market high at $14.19. Beyond that, $16, $18 and $20 come into play. Below $10.70, targets to the downside are $9.50, $8, $7, $6, and then a gap fill at $4.47. LIDR - Up over 35% in pre after announcing partnership with automotive electronics and vision solutions provider Liteon AEye Inc. (LIDR) together with its subsidiaries, provides lidar systems for vehicle autonomy, advanced driver-assistance systems, and robotic vision applications in the United States and internationally. In the after-hours yesterday, the [company announced]( a partnership with automotive electronics and vision solutions provider Liteon. Both companies will work together to supply AEye’s 4Sight™-based lidar products to automotive original equipment manufacturers ("OEMs") who are focused on safety through automotive Advanced Driver Assistance Systems ("ADAS"). Liteon is a leading, global provider of electronic solutions for automotive OEMs around the world. With over four decades of expertise in the automotive electronics industry. Liteon has a market capitalization of over $8billion approximately and was one of the first electronic companies listed on the Taiwanese Stock Exchange (TAIEX). LIDR traded up over 35% in the pre-market on the news of the partnership. The $1.55 area has acted as support in the pre-market and will be an important level to watch. Above it, targets to the upside are $1.80 and then the pre-market high at $1.97. Beyond that, $2.14 and $2.50 come into play. Below $1.55, targets to the downside are $1.40 and then a gap fill at $1.20. All out of trading ideas? I got you! Get Jeff Bishop’s top THREE trading plans DAILY… [Take the Leap into Bullseye Unlimited Today!]( Includes Monday’s Pick of the Week SOUN - Up over 14% in pre after reporting 73% Q1 2024 revenue growth, partnership with Perplexity SoundHound AI Inc. (SOUN) develops independent voice artificial intelligence (AI) solutions that enables businesses across automotive, TV, and IoT, and to customer service industries to deliver high-quality conversational experiences to their customers. In the after-hours yesterday [SOUN reported]( Q1 2024 earnings and a partnership with Perplexity. Highlights include: Reported revenue was $11.6 million, an increase of 73% year-over-year GAAP gross margin was 60%; non-GAAP gross margin was 66% GAAP earnings per share was a loss of ($0.12); non-GAAP earnings per share was a loss of ($0.07) GAAP net loss was ($33.0) million; non-GAAP net loss was ($19.9) million Cumulative subscriptions & bookings backlog customer metric was $682 million and grew by approximately 80% year over year Annual run rate of over 4 billion queries, first quarter up more than 60% year-over-year Strong cash balance of $226 million at the end of the first quarter SOUN [also announced that it has partnered with Perplexity](, the conversational AI-powered answer engine. Together they will bring Perplexity’s online LLM capabilities to SoundHound Chat AI – a best-in-class voice assistant that utilizes hundreds of real-time domains, as well as generative AI responses. The SoundHound Chat AI assistant will leverage Perplexity to provide accurate, up-to-date responses to web-based queries that static LLMs cannot currently answer – expanding the type and complexity of the questions the assistant is able to handle. SOUN stock traded up over 14% in the pre-market after the earnings The $5.25 area acted as support in the after-hours and will be an important level to watch. Above it, the first target for bulls is the after-hours high at $5.67. Beyond that, $6, $6.30 and $8 come into play. Below $5.25, targets to the downside are $5, $4.80 and then a gap fill at $4.75. MARKET NEWS 📰 Questions or concerns about our products? Email [Support@360wallstreet.io]( © Copyright 2022, RagingBull *PAID ADVERTISEMENT. Raging Bull has currently been paid seventeen thousand five hundred dollars from Interactive Offers who was compensated by a third party not affiliated with the Company for advertising Treasure Global Inc. The third party, Company, or their affiliates may own and likely wish to liquidate shares of the Company at or near the time you receive this advertisement, which has the potential to hurt share prices. This advertisement and other marketing efforts, including alerts, may increase investor and market awareness, which may result in an increased number of shareholders owning and trading the securities of Treasure Global Inc, increased trading volume, and possibly an increased share price of Treasure Global Inc’s securities, which may or may not be temporary and decrease once the marketing arrangement has ended. As a result of this advertisement and other marketing efforts, Raging Bull may receive advertising revenue from new advertisers and collect email addresses from readers that it may be able to monetize. As of the date of the issuance of this advertisement, the owners of Raging Bull do not hold a position in Treasure Global Inc, though they reserve the right to buy or sell shares in the covered company at any time following the dissemination of this communication. SUBSTANTIAL RISK INVOLVED. Any individual who chooses to invest in any securities of the companies mentioned in this advertisement should do so with caution. Investing or transacting in any securities involves substantial risk; you may lose some, all, or possibly more than your original investment. Readers of this advertisement bear responsibility for their own investment research and decisions, and should use information from this advertisement only as a starting point for doing additional independent research in order to allow individuals to form their own opinion regarding investments. It is easy to lose money investing or trading, and we recommend always seeking individual advice from a licensed or registered professional and educating yourself as much as possible before considering any investments. Our reports/releases are a commercial ad vertisement and are for general information purposes ONLY. A portion of our business is engaged in the marketing and advertising companies for monetary compensation. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. The disclaimer is to be read and fully understood before using our services, joining our site or our email/blog list as well as any social networking platforms we may use. A portion of RagingBull’s business model is to receive financial compensation to promote public companies. To conduct investor relations advertising, marketing and publicly disseminate information not limited to our websites, email, SMS, push notifications. This compensation is a major conflict of interest in our ability to provide unbiased reporting. Therefore, this communication should be viewed as a commercial advertisement only. Note, we periodically conduct interviews and issue stock alerts that we are not compensated for. These are purely for the purpose of company awareness, and to generate subscription revenues. We have not investigated the background of the hiring third party or parties. The third party, profiled company, or their affiliates likely wish to liquidate shares of the profiled company at or near the time you receive this communication, which has the potential to hurt share prices. Frequently, companies profiled in our alerts may experience a large increase in volume and share price during the course of investor relations marketing, which may end as soon as the corporate awareness program ceases. Our emails may contain forward-looking statements, which are not guaranteed to materialize due to a variety of factors. We do not guarantee the timeliness, accuracy, or completeness of the information on our website / media webpage. The information in our website / media webpage is believed to be accurate and correct but has not been independently verified and is not guaranteed to be correct. TRADEMARKS. All trademarks used in this advertisement are the property of their respective trademark holders and no endorsement by such owners of the contents of the advertisement is made or implied. NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Raging Bull, or any of their owners, employees or independent contractors is not currently registered as a securities broker-dealer, broker, investment advisor (IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization. USE OF FORWARD-LOOKING STATEMENTS. Certain statements made in this advertisement may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and 21E of the Exchange Act of 1934. Forward-looking statements often include words such as “believes,” “anticipates,” “estimates,” “expects,” “projects,” “intends,” or other similar expressions of future performance or conduct. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made and are not statements of historical fact. They involve many risks and uncertainties that could cause actual results or events to differ materially from those presently anticipated. There is no guarantee that past performance will be indicative of future results. Raging Bull does not undertake an obligation to update forward-looking statements in light of new information or future events. Readers can and should review all public SEC filings made by the companies profiled in the Advertisements at https: // www. Sec. gov/ edgar/searchedgar /companysearch FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. This advertisement is for educational and informational purposes only. All material information contained in this advertisement is based on information generally available to the public, which public information is believed to be reliable and accurate. Nevertheless, Raging Bull cannot guarantee the accuracy or completeness of the information. This advertisement does not purport to be a complete analysis of any company’s financial position. This advertisement or any statements made in it is not, and should not be construed to be, personalized investment advice directed to or appropriate for any particular individual. The statements made in this advertisement should NOT be relied upon for purposes of investing in the companies mentioned in this advertisement, nor should they be construed as a personalized recommendation to you to buy, sell, or hold any position in any security mentioned in this advertisement or in any other security or strategy. It is strongly recommended that you consult a licensed or registered professional before making any investment decision. [tw]( Update your email preferences or unsubscribe [here]( © 2024 360 WallStreet 62 Calef Hwy. #233 lee, NH 03861, United States of America

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