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Report: Meta collaborates with Taiwan Semiconductor to produce training chips.
Currently, this chip has entered the small-scale deployment phase. If testing goes smoothly, Meta plans to expand production for widespread application. Company Executives at Meta have indicated that they plan to start using self-developed chips for training by 2026, initially applying them to recommendation systems, then expanding to generative AI products such as the Meta AI chatbot.
EllenHong : How much is the dividend for amdy?
Kevin Matte OP EllenHong : The last one was on February 7th and it was $0.3812. The date of the next one is not yet known.
EllenHong : Thank you
74950747 : $Lottery.com (LTRY.US)$
Kevin Matte OP 74950747 : I had a quick look and observe what I found:
Lottery.com Inc. (ticker symbol: LTRY) has recently faced several financial and operational challenges that have affected its performance.
1. Legal and Regulatory Compliance Issues
In June 2022, Lottery.com's board of directors discovered that the company had potentially violated state and federal laws by selling lottery tickets outside of Texas, then printing and cashing them in Texas. An investigation conducted by an external law firm confirmed these violations, leading to the dismissal of the company's president and chief financial officer. These compliance issues have severely tarnished the company's reputation and raised concerns about its internal governance.
2. Suspension of Operations and Board Resignations
Following the revelations of non-compliance, Lottery.com suspended its operations in July 2022. This suspension was followed by the resignation of four board members and the chief legal officer, reflecting instability within the company's leadership. This instability likely contributed to a loss of confidence among investors and business partners.
3. Threat of NASDAQ Delisting
Due to its financial and operational problems, Lottery.com was threatened with delisting by NASDAQ. Although the company managed to avoid this sanction by holding its annual meeting on February 20, 2025, this situation underscores the company's financial fragility and the challenges it faces in maintaining its stock market listing.
4. Dependence on Exceptional Operations to Generate Revenue
In April 2023, Lottery.com collaborated with other companies to sell more than 25 million Lotto Texas tickets, thus guaranteeing a $95 million jackpot to an investor. Although this operation generated substantial commissions for the company, it highlights a dependence on exceptional transactions rather than sustainable organic growth. This strategy may not be viable in the long term and exposes the company to increased risks.
5. Lack of Transparency and Financial Communication
Recent financial information from Lottery.com is limited. The company's official website only provides financial results up to the first quarter of 2022, making it difficult to fully assess its current financial performance. This lack of transparency can worry investors and analysts about the company's financial health.
6. Poor Stock Market Performance
As of March 5, 2025, Lottery.com's stock is trading at $1.11, with a decrease of 5.13% compared to the previous close. This performance reflects the market's negative perception of the company's prospects and its ability to overcome its current challenges.
In conclusion, Lottery.com is facing major challenges, including legal compliance issues, instability within its leadership, threats of stock market delisting, dependence on exceptional operations to generate revenue, lack of financial transparency, and poor stock market performance. These combined factors suggest a worrying financial situation that requires immediate attention to ensure the company's long-term viability.
sorry...
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