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Blackboxstocks Inc - BLBX STOCK NEWS

Welcome to our dedicated news page for Blackboxstocks (Ticker: BLBX), a resource for investors and traders seeking the latest updates and insights on Blackboxstocks.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Blackboxstocks's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Blackboxstocks's position in the market.

News
Blackboxstocks Acquisition Target Evtec Reports Revenue Increased 115% in FY2023 Projects $52 Million for FY2024
Rhea-AI Summary
Blackboxstocks Inc. (BLBX) reports a 53% increase in revenue for the first half of FY2024, reaching $21.3 million. Total projected revenue for FY 2024 is expected to reach $52 million. Evtec Aluminum, the acquisition target company, has established itself as a leading OEM supplier in the UK, specializing in manufacturing complex aluminum castings for automotive, emobility, marine, and power train sectors. Evtec's proprietary Ultra-Light Aluminum plays a crucial role in producing lightweight parts for EV and Hybrid vehicles, with strong partnerships with major automotive companies like Jaguar Land Rover, Bentley, and Aston Martin.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.27%
Tags
acquisition
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News
Blackboxstocks Announces Financial Results for the Fourth Quarter and Year Ended December 31, 2023
Rhea-AI Summary
Blackboxstocks Inc. (BLBX) announces financial results for Q4 and year ended December 31, 2023. Revenue declined in Q4 but increased annually. Operating expenses decreased. Executed LOI and Share Exchange Agreement with Evtec. Adjusted EBITDA improved. Plans to acquire Evtec Automotive and launch StockNanny in Q2. Positive outlook for future growth and shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.27%
Tags
earnings
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News
Blackboxstocks, Inc. Acquisition Target, Evtec Aluminium, Appoints Three New Board Members
Rhea-AI Summary
Blackboxstocks Inc. announced the appointment of three new Board Members for its planned acquisition target, Evtec Aluminium Limited. The new members bring vast industry experience and will enhance Evtec's competencies. The merger with Evtec is progressing positively, showcasing commitment to excellence.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
17.53%
Tags
management acquisition
News
Blackboxstocks, Inc. Acquisition Target Evtec Aluminium Receives New $67 Million Long Term Supply Contract with JLR
Rhea-AI Summary
Blackboxstocks Inc. (NASDAQ: BLBX) announced that its acquisition target Evtec Aluminium Limited has executed a supply contract with JLR to supply parts for a new line of Jaguar Electric Vehicles. The contract is expected to provide over $67 million in new sales to Evtec. The new line of luxury vehicles by Jaguar is expected to have a range of over 435 miles and be capable of fast charging 200 miles in around 15 minutes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-18.83%
Tags
acquisition
-
News
Blackboxstocks, Inc. Acquisition Target Evtec Aluminium Receives New $67 Million Long Term Supply Contract from Jaguar Land Rover
Rhea-AI Summary
Blackboxstocks Inc. (BLBX) announces that its planned acquisition target Evtec Aluminium Limited has been awarded a long term supply contract from Jaguar Land Rover to supply parts for a new line of Jaguar electric vehicles. The contract is expected to provide over $67 million in new sales to Evtec over the contract period, excluding aftermarket and model life extensions. This contract adds to Evtec's existing order book of $780 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-18.83%
Tags
acquisition
-
News
Blackboxstocks, Inc. Signs Definitive Agreement to Acquire Evtec Aluminium, Supplier of Proprietary Parts for the EV, Hybrid, and Performance Automotive Market, with Projected Revenue of US$52 Million for Fiscal Year Ending June 30, 2024
Rhea-AI Summary
Blackboxstocks Inc. (NASDAQ: BLBX) has executed a definitive agreement to acquire Evtec Aluminium Limited, a supplier of mission-critical parts for the Electric Vehicle, Hybrid, Performance, and Luxury OEM automotive markets. Post-merger, Blackbox stockholders will own 26.7% of the combined company and receive a Contingent Value Right for current Blackbox fintech operations. Evtec's revenue estimates for fiscal 2024 are $52 million, with a record order demand of approximately $778 million. The transaction is expected to close in Q1 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-23.64%
Tags
acquisition earnings
News
Blackboxstocks Announces Third Quarter 2023 Financial Results
Rhea-AI Summary
Blackboxstocks Inc. (NASDAQ: BLBX) announced its financial results for the third quarter and nine months ended September 30, 2023. The total revenue for the third quarter was $728,468, with a member count of 3,174. Operating expenses were $1,269,769. Adjusted EBITDA was $(513,026). The CEO highlighted progress in pursuing a merger with Evtec, exploring strategic marketing partnerships, and completing beta tests for a new product, StockNanny. The CFO mentioned the impact of cost reductions in narrowing the net loss for the current quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
19.39%
Tags
earnings
-
News
Blackboxstocks Joins Forces with GoNoGo Charts to Provide the Ultimate Trend Indicator for Traders
Rhea-AI Summary
Blackboxstocks integrates GoNoGo Trend Indicator into its platform, providing real-time momentum insight for traders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.51%
Tags
none
-
News
Blackboxstocks Announces Second Quarter 2023 Financial Results
Rhea-AI Summary
Blackboxstocks Inc. announces Q2 financial results with a decrease in revenue and member count. The company is encouraged by the stabilization of its member base and expects positive growth from recent changes to its marketing team. They have also reduced operating expenses in preparation for the launch of StockNanny, a mobile app for self-directed investors. The merger with Evtec Group Limited is progressing and expected to provide maximum value for stakeholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.32%
Tags
earnings
News
Blackboxstocks Launches Beta Program for StockNanny, an AI-Driven Portfolio Alert System Featuring Real-Time Market Data from Nasdaq Basic
Rhea-AI Summary
Blackboxstocks launches beta program for StockNanny, a portfolio alert product for self-directed investors, leveraging real-time analytics and AI.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.63%
Tags
AI
Stock BLBX logo
Blackboxstocks Inc

Nasdaq:BLBX

BLBX Rankings

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N/A Ranked by Stock Gains
N/A Ranked by Dividends

BLBX Stock Data

8.31M
1.85M
43.01%
3.53%
0.97%
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Wholesale Trade
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US
Dallas

About BLBX

blackboxstocks, inc. develops web and mobile based analytical software tools for stock and options traders of all levels. our servers, located in close proximity to the nyse, nasdaq, and otc exchanges, drive our proprietary algorithms at near light speed. our platform employs predictive technology enhanced by artificial intelligence to find volatility and unusual market activity that can result in the rapid change in a stock’s price. the complexity of our backend analytics is neatly hidden from the end user by our simple and easy to use dashboard that includes real-time alerts, scans, news and institutional grade analytics. we also provide our users with a fully interactive chat and social media platform that is integrated into our dashboard. this allows our users to exchange information and ideas quickly and efficiently through a common network. we recently introduced a live audio/video feature that allows our members to broadcast on their own channels to share trade strategies and ma