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Tag: Veritone

  • Veritone (VERI) Stock Gains Momentum After DoD Platform Recognition

    Veritone (VERI) Stock Gains Momentum After DoD Platform Recognition

    The announcement that Veritone, Inc. (NASDAQ: VERI) has obtained “Awardable” status on the Department of Defense’s (DoD) Platform One (P1) Solutions Marketplace caused a notable market surge today, with shares surging 22.13% to $2.76. This certification expedites the procurement process for Veritone’s cutting-edge artificial intelligence products and raises the company’s profile among defense departments.

    Strategic Positioning Within Defense Innovation Channels

    Public sector organizations may handle unstructured data, improve operational workflows, and provide more accurate actionable insight using Veritone’s AI-powered solutions. Organizations in the commercial, federal, and public safety sectors have already embraced these technologies extensively.

    The P1 Solutions Marketplace—a digital platform facilitating the DoD’s acquisition of vetted hardware, software, and service innovations—now features Veritone’s offerings among its post-competition, contract-ready solutions. This inclusion significantly simplifies how DoD agencies can access Veritone tools, such as aiWARE and its iDEMS suite.

    Enhancing Access and Accelerating Procurement

    Veritone’s AI solutions are now available through a wider range of defense procurement channels, after its previous inclusion in the Tradewinds Solutions Marketplace. Veritone’s attainment of “Awardable” status strengthens the Pentagon’s commitment to providing military troops with next-generation technology by positioning the company for speedier contract finalizations and shorter procurement timeframes.

    Demonstrated Value and Recent Milestone

    Veritone’s iDEMS (Intelligent Data Extraction and Management Suite) comprises a number of specialized applications, including Track, Redact, and Investigate. These tools improve situational awareness and investigative skills by enabling government users to effectively evaluate vast amounts of audio, video, and other unstructured data.

    The Air Force Office of Special Investigations recently granted Veritone a sole-source contract, further demonstrating its capabilities. The goal of this agreement is to strengthen mission-critical processes and data analysis in delicate defense operations.

    Recognition in a Competitive Field

    Veritone’s competitive advantage is demonstrated by its membership in the P1 Marketplace, where its solutions are valued for their inventiveness, scalability, and strategic influence on national security goals. Veritone’s capabilities are now more widely available to government organizations, bolstered by unique video demos that highlight practical uses of its revolutionary AI technology.

  • After-Market Momentum: A Notable Surge And Product Innovation At Veritone (VERI)

    After-Market Momentum: A Notable Surge And Product Innovation At Veritone (VERI)

    Veritone, Inc. (Nasdaq: VERI) experienced a significant surge in its stock price during the after-market trading session on Monday. The value of Veritone’s shares increased by an impressive 5.91%, reaching $4.84 at the latest observation. This uptick enabled the stock to fully recover from a 5.97% decline in the regular session, closing at $4.57. The rise in VERI stock on the US market followed the announcement of product enhancements.

    To embrace data privacy and protect advertising income, Veritone (VERI) announced enhancements to its Advertising and Content Intelligence Suite. The AI-powered suite provides a wide range of apps and services designed to help media companies, marketers, and broadcasters maximize their advertising campaigns, content, and viewer engagement.

    The package, which makes use of Veritone’s aiWARE corporate AI platform, offers a number of features like analytics, ad verification, media monitoring, and content discovery. The upgrades to Veritone’s Advertising and Content Intelligence Suite empower customers to mitigate data granularity loss from Google Analytics GA4 with Attribute Pixel, offering a data-driven alternative for gathering web traffic insights and reducing reliance on third-party analytics.

    Additionally, the suite introduces Industry Lift Benchmarking to demonstrate the value of customers’ linear advertising investments, providing comparative performance data segmented by industry category and region, thereby offering compelling proof-of-performance data for campaign optimization.

    Furthermore, the enhancements include the restoration of critical insights with Google Big Query (“GBQ”) Connection, an automated workflow facilitating seamless web data sharing. This connection adapts linear broadcast attribution to evolving technological needs, providing platform-agnostic support for enhanced data granularity.

    Moreover, the introduction of the Watchlist Kickstarter feature in Veritone Discovery streamlines the automation of tailored watchlists and recap reports, delivering them directly to the customer’s inbox. Veritone, at Booth #W1642 in the Las Vegas Convention Center West Hall, is exhibiting its Advertising Content and Intelligence Suite during the 2024 NAB Show in Las Vegas, which runs from April 13 to April 17.

  • The Upward Trajectory Of Veritone (VERI) Stock After-Hours

    The Upward Trajectory Of Veritone (VERI) Stock After-Hours

    Veritone, Inc. (NASDAQ: VERI) witnessed a notable uptick of 12.13% in its stock value during the extended session on Wednesday, reaching $2.45. The regular-session trades, however, saw Veritone’s stock closing at $2.19, reflecting a 2.46% decline. This surge in VERI stock was prompted by its recent integration into a significant network.

    Veritone (VERI) declared its status as a contributing entity to the newly established Generative AI Center of Excellence (CoE) for Amazon Web Services (AWS) Partners within the AWS Partner Network (APN). The Generative AI CoE for AWS Partners aims to equip them with the necessary resources and tools to foster responsible development in generative AI.

    These include educational and training materials bridging the potential of AI and the evolving landscape of generative AI tools, applications, and use cases that are poised to enhance customer experiences. Boasting nearly a decade of expertise in delivering generative AI technology solutions geared towards advancing human capabilities, Veritone is set to contribute its knowledge to support the burgeoning landscape of generative AI tools, applications, and use cases.

    VERI’s solutions, catering to some of the world’s most prominent brands, prioritize principles such as fairness, privacy, and safety. This ensures that Veritone’s technology remains transparent, trustworthy, secure, compliant, and equitable, facilitating efficiency, accelerated decision-making, and increased profitability for its clients.

    Since 2014, Veritone has been steadfast in its commitment to responsible AI, placing it at the core of its operations. The company envisions a world where humans can elevate their capabilities through AI, adhering to its AI for Good principles. The Generative AI Center of Excellence for AWS Partners not only serves as a valuable resource but also as a community hub where partners can leverage data-driven insights and tools to support customer adoption journeys.

    This is facilitated through guidance, learning pathways, solution roadmaps, customer engagement frameworks, and interactive curricula. With nearly a decade of experience in developing AI solutions for various sectors, including the public sector, human resources, and media and entertainment industries, VERI brings a distinctive perspective on how to integrate responsible AI design into generative AI solutions.

  • Veritone, Inc. (Nasdaq: VERI) stock saw depression in the After-hours last night as it revealed offering of its common stock

    Veritone, Inc. (Nasdaq: VERI) stock saw depression in the After-hours last night as it revealed offering of its common stock

    Veritone, Inc. (Nasdaq: VERI) shares were plunging -17.28 to $20.11 in the after-hour session yesterday after the Company revealed the news that it has started an underwritten public offering of its common stock.

    Veritone, Inc. intends to also provide the underwriters with an option to purchase additional shares of its common stock for 30 days. No guarantees can be given as to when or whether the offering will be completed. No assurances can be given as to the size of or the terms of the offering. The offering is subject to market and other conditions.

    JMP Securities and Roth Capital Partners are acting as joint book-running managers for the offering. Stifel is serving as the lead book-running manager for the offering.

    The public offering will be registered with the Securities and Exchange Commission (SEC) on Form S-3, together with a base prospectus, and was declared effective on June 13, 2018.

  • Pre-Market Cues: 32 Stocks Roaring for Change On December 1st

    Pre-Market Cues: 32 Stocks Roaring for Change On December 1st

    China Automotive Systems Inc. (CAAS) stock soared 2.38% to $10.75 in the pre-market trading after reporting that it shipped approximately 120,000 units from its portfolio of electric power steering products for use in Chinese electric vehicles during 2020. The most recent rating by Brean Murray, on August 15, 2011, is a Hold.
    Before the trading started on December 01, 2020, G1 Therapeutics Inc. (GTHX) is up 4.05% to reach $19.0. It has been trading in a 52-week range of $8.80 to $31.38.
    Sundial Growers Inc. (NASDAQ: SNDL) shares are trading up 29.83% at $0.947 at the time of writing following the announcement its elimination of senior secured second lien convertible notes. Company’s 52-week ranged between $0.14 to $3.88.
    Jaguar Health Inc. (JAGX) grew over 69.45% at $0.5929 in pre-market trading today.
    SuperCom Ltd. (SPCB) stock moved down -10.74 percent to $1.08 in the pre-market trading and the company recently declared that it has secured a contract to provide its PureSecurity Electronic Monitoring (EM) suite in Wisconsin.
    MicroStrategy Incorporated (NASDAQ: MSTR) shares are trading up 4.93% at $359.66 at the time of writing. Company’s 52-week ranged between $90.00 to $280.00. Analysts have a consensus price target of $200.
    Veritone Inc. (VERI) grew over 4.4% at $27.78 in pre-market trading today after announcing that it now supports NVIDIA CUDA for GPU-based AI and machine learning.
    Before the trading started on December 01, 2020, Creative Realities Inc. (CREX) is down -7.26% to reach $1.15. It has been trading in a 52-week range of $0.52 to $5.98.
    Moderna Inc. (MRNA) stock soared 10.32% to $168.5 in the pre-market trading after declaring that the primary efficacy analysis of the Phase 3 study of mRNA-1273 conducted on 196 cases confirms the high efficacy observed at the first interim analysis. The most recent rating by Wells Fargo, on November 23, 2020, is an Equal weight.
    VBI Vaccines Inc. (VBIV), a Biotechnology company, rose about 3.94% at $3.56 in pre-market trading Tuesday.
    Schultze Special Purpose Acquisition Corp. (SAMA) stock moved up 2.86 percent to $12.6 in the pre-market trading after reporting effectiveness of registration statement for proposed business combination with Clever Leaves International Inc.
    Celsion Corporation (CLSN) gained over 5.59% at $0.71 in pre-market trading Tuesday December 01, 2020.
    Nano-X Imaging Ltd. (NNOX) is up more than 5.22% at $64.5 in pre-market hours Tuesday December 01, 2020. The healthcare firm lately announced revised time of live demonstration at the 2020 radiology society of North America virtual annual meeting. The stock had jumped over 17.21% to $61.30 in the last trading session.
    Before the trading started on December 01, 2020, Greenlane Holdings Inc. (GNLN) is up 2.89% to reach $4.27. It has been trading in a 52-week range of $1.02 to $4.20.
    Mogo Inc. (MOGO) stock soared 3.77% to $2.75 in the pre-market trading. The firm recently declared the release of its new updated Mogo app featuring an interactive Rainforest Mode as part of the MogoCard experience. The most recent rating by Raymond James, on July 23, 2020, is an Outperform.
    Altimmune Inc. (NASDAQ: ALT) shares are trading up 9.57% at $13.4 at the time of writing. Company’s 52-week ranged between $1.60 to $35.10. Analysts have a consensus price target of $28.
    Novavax Inc. (NVAX) grew over 6.09% at $148.0 in pre-market trading today following publication its COVID-19 vaccine clinical development progress.
    Marathon Patent Group Inc. (MARA), a Capital Markets company, rose about 7.96% at $6.78 in pre-market trading Tuesday.
    Aphria Inc. (APHA) is up more than 3.46% at $8.67 in pre-market hours Tuesday December 01, 2020. The healthcare company recently revealed that it has closed the accretive, strategic acquisition of SW Brewing Company, LLC. The stock had jumped over 8.41% to $8.38 in the last trading session.
    AquaBounty Technologies Inc. (AQB) gained over 4.31% at $6.05 in pre-market trading Tuesday December 01, 2020.
    Before the trading started on December 01, 2020, ADMA Biologics Inc. (ADMA) is up 2.45% to reach $2.09 following the announcement its commencement of operations and initiation of collections at its newest ADMA BioCenters plasma collection facility located in Maryville, Tennessee. It has been trading in a 52-week range of $1.45 to $4.95.
    CureVac N.V. (CVAC) is down more than -3.12% at $101.89 in pre-market hours Tuesday December 01, 2020. The stock had jumped over 22.29% to $105.17 in the last trading session.
    OrganiGram Holdings Inc. (OGI) gained over 4.26% at $1.47 in pre-market trading Tuesday December 01, 2020 after releasing its results for the fourth quarter ended August 31, 2020.
    FuelCell Energy Inc. (FCEL) is down more than -3.43% at $9.85 in pre-market hours Tuesday December 01, 2020. The stock had jumped over 5.26% to $10.20 in the last trading session.
    SSR Mining Inc. (SSRM) grew over 2.12% at $18.8 in pre-market trading today. The company lately publicized that positive results of the Çöpler District master plan studies.
    Before the trading started on December 01, 2020, Entasis Therapeutics Holdings Inc. (ETTX) is up 4.35% to reach $1.92. It has been trading in a 52-week range of $1.58 to $5.64.
    Luokung Technology Corp. (LKCO) is up more than 2.93% at $0.6 in pre-market hours Tuesday December 01, 2020 after the firm reported that it won bid for Heilongjiang Institute of Technology (“HIT”) Smart Campus first phase procurement project of USD 1.3 million. The stock had jumped over 4.09% to $0.58 in the last trading session.
    Riot Blockchain Inc. (RIOT) is up more than 3.55% at $8.75 in pre-market hours Tuesday December 01, 2020. The stock had jumped over 35.20% to $8.45 in the last trading session.
    Before the trading started on December 01, 2020, Dada Nexus Limited (DADA) is down -4.28% to reach $55.47 after declaring proposed follow-on public offering of American depositary shares. It has been trading in a 52-week range of $14.60 to $56.91.
    Logitech International S.A. (NASDAQ: LOGI) shares are trading down -3.3% at $87.32 at the time of writing. Company’s 52-week ranged between $31.37 to $95.71.
    Advaxis Inc. (ADXS), a Biotechnology company, rose about 11.86% at $0.33 in pre-market trading Tuesday. The biotechnology firm recently declared closing of $9.2 million public offering.
    Arbutus Biopharma Corporation (NASDAQ: ABUS) shares are trading up 11.26% at $5.04 at the time of writing. Company’s 52-week ranged between $0.88 to $9.02. Analysts have a consensus price target of $8.