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NYSE Content advisory: Pre-market update for March 10th

NEW YORK, March 10, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) is proud to offer a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. 

 

NYSE Content advisory: Pre-market update for March 10th

Kristen Scholer delivers the pre-market update on March 10th

  • Traders react to President Trump’s comments Sunday that the economy is in “a period of transition.”
  • Last week’s tariff adjustments and soft economic data lower S&P 500.
  • Markets anticipate inflation and consumer sentiment reports later this week.

Watch NYSE TV Live every weekday 9:00-10:00am ET 

Video – https://mma.prnasia.com/media2/2637826/NYSE_March_10_2025_Market_Update.mp4

NYSE CONTENT ADVISORY: New York Stock Exchange Partnership Network Update

NEW YORK, March 10, 2025 /PRNewswire/ — At the inaugural New York Stock Exchange Partnership Day, the NYSE put out a call to action by bringing together leading media partners, publishers, ad tech leaders, content creators, agencies, and platforms to launch the NYSE Partnership Network. Here is what can happen when Community, Content, Commercial, + Connection come together.

Experience the full interactive Multichannel News Release here: https://www.multivu.com/nyse/9315752-en-new-york-stock-exchange-partnership-network-update

Firefly Aerospace Spacecraft Program Director Ray Allensworth joins NYSE TV Live: Shortly after Firefly Aerospace’s Blue Ghost Mission 1 successfully achieved a lunar landing March 2, company’s spacecraft program director, Ray Allensworth, shared the primary objectives of its two weeks on the moon. Blue Ghost Mission is a NASA-funded lunar lander program delivering scientific payloads to the Moon, supporting the Artemis program’s goals and advancing commercial lunar exploration capabilities. Watch NYSE TV Live every weekday 9:00-10:00am ET

Floor Faces: NYSE Floor Operations Analyst, Yvette Arrington has called the New York Stock Exchange home for nearly 40 years. Since 1986, her career has taken her from prep in the cafeteria to analyst at ICE. Yvette stood steadfast through three acquisitions, changes in leadership, and countless turning points in American history.

NYSE’s Wall St. Walking Tour: Hosted exclusively on Spotify (NYSE: SPOT), the New York Stock Exchange Walking Tour takes listeners inside a story 400 years in the making: the tale of Wall Street. This narrative follows the story of the New York Stock Exchange’s ascent from a modest auction held in a dusty street to the preeminent trading and technological powerhouse that it is today. Listen here

theCUBE + NYSE Wired: CMO Leaders Summit: NYSE Wired and theCUBE partnered to present the CMO Leaders Series Summit, featuring leading CMOs from some of the world’s most cutting edge companies. In this clip, Julie Choi, CMO of Cerebras discusses her firm’s wafer-scale engine, the largest chip in the world, and its impact on AI performance and innovation.

The Mortgage Monitor: Andy Walden, Head of Mortgage + Housing Market Research at ICE joined NYSE TV Live to discuss the latest mortgage trends including the historic five-year rise of property insurance premiums. ICE manages the nation’s leading repository of loan-level residential mortgage data and performance information. Each month, ICE’s research experts carefully analyze this data to produce a summary supplemented by dozens of charts and graphs that reflect trend and point-in-time observations for the monthly Mortgage Monitor Report.

 

SunCar Wins Contract to Build Insurance Platform for Major EV Maker Leapmotor

NEW YORK, March 10, 2025 /PRNewswire/ — SunCar Technology Group Inc. (“SunCar” or the “Company”) (NASDAQ: SDA), an innovative leader in auto e-insurance and cloud-based B2B auto services in China, today announced it has secured a contract to develop and operate the insurance management platform for Leapmotor (09863.HK), one of China’s fastest-growing electric vehicle manufacturers. The system will be integrated into Leapmotor’s mobile app ecosystem, handling insurance issuance, claims processing, and accident services.

Leapmotor, founded in 2015, is a rising force in China’s electric vehicle (EV) industry, specializing in intelligent and affordable EVs. According to CnEVPost, in 2024, the company delivered 293,724 vehicles, marking an over 104% year-over-year growth, with the monthly deliveries exceeding 40,000 units in the fourth quarter of 2024. According to Financial Times, Leapmotor has generated over 20 billion HKD in revenue in 2024.

This contract expands SunCar’s existing partnership with Leapmotor, moving beyond traditional insurance agency services to provide core technology infrastructure. The platform will serve Leapmotor’s rapidly growing customer base, which has expanded through the company’s strategy of offering affordable electric vehicles to China’s middle-income market.

The new platform centralizes Leapmotor’s insurance operations by automating policy issuance and renewal, enabling digital claims processing, coordinating post-accident services, and integrating seamlessly with Leapmotor’s customer app.

“This contract transforms our relationship with Leapmotor from service provider to technology partner,” said Ye Zaichang, Chairman and CEO of SunCar Technology. “By powering their insurance infrastructure, we’re positioned to grow alongside yet another one of China’s most promising EV manufacturers.”

About SunCar Technology Group Inc.

Founded in 2007, SunCar is transforming the customer journey for auto services and auto insurance in China, the largest passenger vehicle market in the world. SunCar develops and operates cloud-based platforms that seamlessly connect drivers with a wide range of auto services and insurance coverage options through a nationwide network of sales partners. As a result, SunCar has established itself as the leader in China in the B2B auto services market and the auto eInsurance market for electric vehicles. The Company’s intelligent cloud platform empowers its enterprise clients to access and manage their customer database and offerings optimally, and drivers gain access to hundreds of services from tens of thousands of independent providers in a single application. For more information, please visit: https://suncartech.com.

Forward-Looking Statements

This press release contains information about the Company’s view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary to meet the requirements of its clients, and its ability to protect its intellectual property. The Company encourages you to review other factors that may affect its future results in the Company’s annual reports and in its other filings with the Securities and Exchange Commission.

Contact Information:

SunCar:
Investor Relations: Ms. Hui Jiang
Email: IR@suncartech.com
Legal: Ms. Li Chen
Email: chenli@suncartech.com

U.S. Investor Relations
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com

 

Huawei Calls to Expand Open Innovation and Collaboration to Prevent New Digital Divide

BARCELONA, Spain, March 10, 2025 /PRNewswire/ — At the Huawei ICT Sustainability Roundtable held at MWC Barcelona 2025, Huawei called on policymakers and Information and Communication Technology (ICT) industry stakeholders to expand open innovation and collaboration to ensure that a new digital divide does not emerge due to rapid advances in AI over the past few years.

Global experts and partners at the Huawei ICT Sustainability Roundtable at MWC 2025
Global experts and partners at the Huawei ICT Sustainability Roundtable at MWC 2025

In his opening address, Huawei Rotating Chairman Ken Hu emphasized that digital technologies and partnerships are helping to drive sustainable change for people and the planet, citing examples from Huawei’s TECH4ALL program. Nevertheless, Hu stressed that governments and the ICT industry must expand collaborative platforms to ensure that no one is left behind in the digital world.

“As AI makes the world more intelligent, we are likely to see a new digital divide. We need to pay attention to this and work together to bridge the gap,” said Ken Hu, Rotating Chairman for Huawei. “We need policymakers to build more inclusive institutional frameworks and more tech companies to embrace open innovation. We need to work together to build more open platforms for collaboration.”

To explore how this is being approached in practice, the ICT Sustainability Roundtable brought together global experts and Huawei TECH4ALL partners to showcase how collaborative digital inclusion projects can equip underserved communities with the skills needed to embrace the digital world.

Representing the Kenyan government, Eng. John Tanui CBS emphasized how working with partners such as Huawei align with Kenya Vision 2030 by driving digital economic development through digital infrastructure rollout, digitized government services, and digital skills training for remote and rural communities.

For example, the Huawei TECH4ALL DigiTruck – a mobile classroom mounted on the back of a truck – has provided training for nearly 6,000 Kenyan youth since 2019.

“In Kenya, we believe no one should be left behind. That’s why Huawei is a strategic partner in upscaling digital skills through initiatives like TECH4ALL, which we leverage to drive digital inclusion,” said Eng John Tanui CBS, Principal Secretary for the State Department of ICT and Digital Economy for Kenya. “With mobile DigiTrucks, we have been able to train young people on smartphone functionality, online risks, responsible Internet use, and securing online accounts and resources for learning.”

The 2024 DigiTruck Digital Literacy Skills Program Evaluation Report released by the Kenyan government shows that 93% of DigiTruck trainees improved their work capabilities due to the training. The report also reveals higher employment rates among former trainees, alongside significantly increased Internet use for business activities such as e-commerce. Kenya DigiTruck project partner GSMA also highlighted the value of the DigiTruck’s mobility in reaching extremely remote communities. 

Universal Service Fund Pakistan (USF) explored how collaboration with the Pakistani government, Huawei, and ITU-D is transforming rural villages through TECH4ALL Smart Village Pakistan projects, which bring connectivity, e-education, and e-health initiatives to local communities coupled with digital skills training. UNESCO and Spain’s University of Alicante focused on global digital skills development, including collaboration with Huawei ICT Academy to develop the next generation of ICT talent.

In the area of nature conservation, International Union of Conservation of Nature (IUCN) introduced how ICT is redefining nature conservation through the IUCN-Huawei TECH4ALL Tech4Nature global partnership, which has supported 13 flagship projects in 11 countries with innovative tech solutions for protected areas.

A commonality among all of the projects explored at the roundtable is the emphasis on technological innovation and cross-sector partnerships, an approach that is crucial for leveraging the power of ICT to enable an inclusive and sustainable digital world.

About TECH4ALL

TECH4ALL is Huawei’s long-term digital inclusion initiative and action plan. Enabled by innovative technologies and partnerships, TECH4ALL is designed to enable inclusion and sustainability in the digital world.

Visit the Huawei TECH4ALL website at https://www.huawei.com/en/tech4all

Follow us on X at https://x.com/HUAWEI_TECH4ALL

 

 

Gleneagles Hospital Hong Kong pioneers transformative Histotripsy treatment for liver cancer in private sector in Asia

HONG KONG, March 10, 2025 /PRNewswire/ — Gleneagles Hospital Hong Kong (Gleneagles) is excited to be the first private hospital in Asia to offer Histotripsy treatment, the transformative and non-invasive technology that uses high-intensity ultrasound waves to destroy tumours for liver cancer patients. The service will commence towards the end of March. 

Histotripsy was first introduced in Hong Kong last August through a donation by the Li Ka Shing Foundation to the LKS Faculty of Medicine of The University of Hong Kong and initially available in the public healthcare sector on a clinical trial basis. The successful applications and sound clinical outcomes of the technology have paved the way for its expansion into the private sector, and we greatly appreciate having the first HistoSonics system placed at Gleneagles in order to make this groundbreaking and effective treatment available to more patients.

Dr Kenneth Tsang, Chief Executive Officer of Gleneagles Hospital Hong Kong and Regional Chief Executive Officer of IHH Healthcare North Asia, said, “We are excited to be Asia’s first private hospital to offer this novel treatment to local patients with our fully-trained medical team. Gleneagles strives to drive excellent clinical outcomes and personalised patient care through actively introducing innovative and cutting-edge treatments, and we believe this groundbreaking technology will be a game-changer for cancer treatment. As a university teaching hospital, we also continuously facilitate research and clinical adoption of advanced medical innovations. In tandem with offering this treatment, our team looks forward to contributing to the research on the wider application of this technology to other types of cancers, bringing more options and new hope to more local and regional patients.” 

Histotripsy is an innovative, non-invasive treatment utilising focused ultrasound to target and destroy liver tumours. The technology allows doctors to treat tumours without any incision, radiation or needle, offering a promising alternative to traditional treatments particularly for patients who are not candidates for surgery. Compared to traditional treatments, Histotripsy treatment typically involves minimal pain and fewer side effects and complications. Its non-invasive feature allows shorter hospital stay and much quicker recovery. Subject to patients’ individual conditions, in general, patients can be discharged on the next day after the treatment.

Second opinion service is also available for patients residing outside Hong Kong and are arranged through the hospital’s International Patient Services.  More information about the Histotripsy service is available on the hospital website: https://gleneagles.hk/cancer-services/cancer-services/histotripsy-advanced-non-invasive-liver-tumour-treatment   

For enquiry and appointment:

(Hong Kong residents)

Tel: +852 3153 9611

(International patients)

Tel: +852 3153 9100; WhatsApp/Line: +852 5489 2887;
WeChat: GHKIPS

Gleneagles Hospital Hong Kong 

Located in Hong Kong Island South, Gleneagles Hospital Hong Kong (Gleneagles) is a multi-specialty private hospital with cutting-edge medical equipment and a comprehensive range of clinical services spanning more than 35 specialties and subspecialties. As Hong Kong’s top-notch private teaching hospital, Gleneagles also contributes to the training and development of healthcare professionals and advancement of clinical research. Gleneagles is jointly developed by IHH Healthcare and CTF Services Limited, with The University of Hong Kong as its exclusive clinical partner. 

Gleneagles Hospital Hong Kong is part of IHH Healthcare, one of the world’s largest healthcare providers. With its full spectrum of integrated services, dedicated people, reach and scale, and commitment to quality and safety, IHH aspires to be the world’s most trusted healthcare services network, united by a single purpose: to touch lives and transform care. 

More information on Gleneagles Hospital Hong Kong can be found at https://gleneagles.hk.  

Reka launches Nexus, an AI workforce powered by its state-of-the-art multimodal reasoning model

NEW YORK and SAN FRANCISCO, March 10, 2025 /PRNewswire/ — Reka, a leader in AI research, today announces the launch of Reka Nexus, an AI platform that enables businesses to scale efficiently by enabling the creation and management of AI workers that automates workflows and streamline operations.  Powered by Reka’s latest multimodal reasoning model, Reka Flash, Nexus represents the future of AI-driven enterprise automation.

 

Introducing Nexus: the AI workforce powering the future of work

Introducing Nexus: the AI workforce powering the future of work

We spend a significant portion of our time on administrative and repetitive tasks, limiting our ability to focus on creative and strategic work. Nexus improves enterprise efficiency and increases productivity by enabling humans to partner with AI workers which can be customized to specialize in different tasks such as conducting deep topic research, processing invoices, and generating sales leads. In this partnership, human employees can focus on management and delegations, while an AI workforce performs low-level tasks. Nexus workers have native capabilities to search through internal documents, browse the web, write and execute code, and analyze contents from various multimodal data (PDF, videos, images, audio).

“Nexus represents the future of AI-driven workforce, allowing organizations to automate repetitive tasks and focus on more meaningful problems. We are excited to bring the benefits of Nexus to large enterprises and small and medium businesses,” said Dani Yogatama, Co-founder and CEO of Reka. “At Reka, we use Nexus extensively to help us manage our sales, recruitment, and operations pipelines.”

How Nexus works

Nexus is built on top of Reka’s models that are trained from scratch for multimodal reasoning with proprietary algorithms. At the core of Nexus is Reka Flash, a state-of-the-art 21 billion parameter model that can be deployed on-premise and on-device with quantization support.

Trained from scratch and instruction tuned using proprietary synthetic and open-source datasets, it was further improved using reinforcement learning with both model-based and rule-based rewards to enable transparent reasoning outputs. As a result, Nexus workers can provide human-readable execution traces and thinking process, enhancing transparency for auditing.

Reka Flash achieves market-leading performance for turbo-class models on standard benchmarks. It performs competitively with proprietary models, making it a good foundation to build many applications that require secure and low-latency deployments.

Scaling AI for the Enterprise

With Nexus, Reka is setting a new standard for AI-driven enterprise automation. Backed by its latest funding, the company is accelerating its research and go-to-market efforts to push the boundaries of multimodal AI and deliver scalable, intelligent automation for businesses worldwide.

For additional information, please refer to:

Nexus blogpost:  https://link.reka.ai/nexus/blogpost
Reasoning with Reka Flash: https://link.reka.ai/reasoning-with-reka-flash

About Reka

Reka is a developer of industry-leading, multimodal, AI models that enable individuals and organizations to deploy generative AI applications. Reka was founded by a team of highly experienced scientists and engineers from DeepMind and Meta FAIR. For more information, please visit us at www.reka.ai

RITFIT Calls for Real Strength to Accelerate Action on International Women’s Day

CHINO HILLS, Calif., March 10, 2025 /PRNewswire/ — This March, RITFIT has launched a series of events under the theme “Empowering Women: Health and Strength in the Home Gym,” in alignment with this year’s International Women’s Day theme, “Accelerate Action.” The initiative encourages women to prioritize their health and embrace strength, both physically and mentally. With participation from thousands of women across the United States, the event aimed to inspire and support female fitness enthusiasts everywhere.


Share Your Story, Connect with Powerful Women!

As part of the month-long celebration, RITFIT hosted a variety of fitness events, including PWRGRLS TRAINING x RITFIT beach workouts and group training sessions. Women are invited to join and share their fitness journeys online, using the hashtag #RITFITQUEENCLUB, fostering a supportive and inspiring community. To complement this initiative, RITFIT introduced the Pink Series Collection, a vibrant and empowering addition to home gyms that features a striking pink wave.

Understanding that fitness is not just about performance but also self-expression, RITFIT’s latest pink-hued equipment make workouts both powerful and stylish. Always valuing user feedback, RITFIT has launched two signature products in pink: the RitFit Pink M1 Multi-Functional Smith Machine, a compact yet sturdy design with a 22.46 sqft footprint and 1,500 lb capacity, ideal for intense home workouts, and the RitFit BLP01 45-Degree 3-in-1 Leg Press Hack Squat and Calf Raise Machine, with a 1,200 lb capacity, providing a comprehensive lower-body workout perfect for home gym enthusiasts.

To celebrate the impact of fitness on women’s lives, RITFIT highlighted inspiring stories from its brand ambassadors. Nanzie Acosta, a stay-at-home mom, found empowerment through weightlifting. “Between reps and sets, the world goes silent, and all I focus on is breathing. Fitness makes me a better mother, wife, and person, and I hope my journey inspires other women to discover their strength beyond societal expectations.” Kiaya Jackson, a two-time PGF champion, shares, “As a RITFIT ambassador, I’m excited to represent a brand that provides athletes with the tools to elevate their training. With the right equipment and support, anyone can build both physical and mental strength.”

Beyond fitness, RITFIT is dedicated to making health and strength accessible to all. The brand has led various philanthropic efforts for different groups.

  • Offering additional discounts for military personnel and first responders to support their fitness and training needs on their official website. In September 2024, RITFIT donated essential training equipment, including Smith machines, dumbbells, and kettlebells, to the Myrtle Beach Fire Department, helping firefighters stay in peak physical condition.
  • Establishing the Disability Program and partnering with Kendra Herber, a world-renowned para-triathlete, provides free fitness equipment to eligible applicants, enabling people with disabilities to pursue their fitness goals.
  • Launched in October of last year, the Real Power Lift Pink campaign encourages users to exercise with pink equipment to show support for breast cancer fighters and survivors, while also sponsoring weightlifting competitions for local mothers battling the disease.

Women looking to share their fitness journeys and connect with a global network of strong, like-minded individuals are encouraged to join the RITFIT Facebook Group. RITFIT is committed to building a powerful fitness community that listens, supports, and adapts to the evolving needs of its users.

To further support its growing community, RITFIT is set to open a new showroom in California, offering fitness enthusiasts an immersive experience with its cutting-edge equipment. Stay tuned for more details.

For more information, please visit www.ritfitsports.com or follow RITFIT on Instagram (@ritfit.sports), YouTube (@RitFit.Sports), and TikTok (@ritfit.sports).

About RITFIT

Founded in 2015, RITFIT—a name derived from “Right” and “Fitness”—empowers individuals to take control of their health with premium, accessible, and user-friendly home gym equipment. With over 30 patents and 200,000+ satisfied customers, RITFIT continues to revolutionize home fitness, making strength training Simple, Strong, and Effective.

MEDIA CONTACTS:
marketing@ritfitsports.com 
SOURCE RITFIT LLC

Agoda Insights: Nearly 80% Month-on-Month Increase in Accommodation Searches from Malaysia, Indonesia, and Singapore Ahead of Hari Raya

SINGAPORE, March 10, 2025 /PRNewswire/ — As the Hari Raya holiday approaches, Agoda sees an almost 80% month-on-month increase in accommodation searches from travelers in Malaysia, Indonesia, and Singapore for this year’s festive period. This increase reflects growing interest in travel, with travelers actively planning their getaways.

Hari Raya, or Eid al-Fitr, marks the end of Ramadan, a month of fasting, reflection, and community for Muslims worldwide. It is a time for joy, connection, and celebration. For many, it’s also the perfect opportunity to travel, whether to visit loved ones, return to hometowns, or to enjoy a well-earned holiday after a month of spiritual focus.

Travelers are showing an interest in exploring beyond their immediate regions. Thailand and Japan lead the way as the top two most-searched destinations among travelers from Indonesia, Malaysia, and Singapore, suggesting a desire for diverse cultural experiences during the festive break. China, South Korea, and Taiwan complete the top five, reflecting a blend of nearby and more distant travel interests.

When looking at the city level, Bangkok  steals the spotlight as the most-searched destination, followed by Tokyo and Seoul. Hong Kong secures the fourth spot, while Taipei rounds out the top five.

Gede Gunawan, Senior Country Director Indonesia at Agoda said: “Hari Raya is a time when travel becomes an important part of the celebration. It’s great to see people looking forward to reconnecting with family, exploring new destinations, or simply taking a well-deserved break. The increase in searches compared to the previous month reflects the anticipation for travel and the desire to use the holiday for travel opportunities. At Agoda, we aim to ensure that wherever travelers choose to go, they can find the right accommodation at an affordable price, with a seamless booking experience.”

For those still planning their Hari Raya trips, Agoda offers great deals across a wide range of accommodations, flights, and activities. To explore these offers, visit www.agoda.com/deals or download the Agoda app.