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Hub Cyber Security Ltd. Ordinary Shares - HUBC STOCK NEWS

Welcome to our dedicated news page for Hub Cyber Security Ltd. Ordinary Shares (Ticker: HUBC), a resource for investors and traders seeking the latest updates and insights on Hub Cyber Security Ltd. Ordinary Shares.

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 Hub Cyber Security Ltd. Ordinary Shares'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 Hub Cyber Security Ltd. Ordinary Shares's position in the market.

Rhea-AI Summary

HUB Cyber Security (Nasdaq: HUBC) has been awarded a $2 million contract by the Israel Airports Authority for supervision services and engineering design consultancy. The contract highlights the company's successful integration of recent acquisitions and strategic growth approach.

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HUB Cyber Security strongly responds to Dominion's misleading lawsuit, reaffirming dedication to expansion and worldwide customer support. The company addresses legal proceedings initiated by Dominion in the US and Israel, considers them frivolous, and has filed a counterclaim alleging misconduct. HUB recently raised over $8 million in funds and acquired QPOINT, a company with $26 million in annual revenues, enhancing its market reach and innovative solutions. Despite legal challenges, HUB remains focused on innovation, customer satisfaction, and business growth.
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Rhea-AI Sentiment
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5.43%
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HUB Cyber Security secures an $8 million financing acquisition through a straight debt arrangement to strengthen financial foundation and support future growth. The CEO emphasizes commitment to growth, financial stability, transparency, and accountability.
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48.08%
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HUB Cyber Security (Nasdaq: HUBC) successfully acquires Qpoint Technologies, adding 100+ top customers and enhancing growth prospects. QPoint brings a diverse customer base, strategic partnerships, and expertise in data management and security solutions, strengthening HUB's market position and revenue stability.
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End-of-Day
44.65%
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HUB Cyber Security Ltd (Nasdaq: HUBC) has announced a five-year agreement with Blackswan Technologies Ltd. to provide cyber protective data-fabric solutions for a top-tier European bank. This collaboration marks the company's expansion into the finance sector, with the potential to significantly impact its 2024 financial results. The agreement aims to strengthen the bank's data monitoring infrastructure with confidential computing security, positioning HUB as a key player in the global financial markets.
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Rhea-AI Sentiment
End-of-Day
4.26%
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HUB Cyber Security Ltd (Nasdaq: HUBC) has announced the renewal of trust from a subsidiary of a major credit service provider, resulting in a six-figure contract. The partnership aims to enhance compliance and security measures, protecting against cyber threats and ensuring information security and privacy. CEO Noah Hershcoviz expressed excitement about the continued collaboration, emphasizing the dedication to pioneering solutions and security.
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-6.04%
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HUB Cyber Security Ltd (Nasdaq: HUBC) proudly announces the appointment of Nachman Geva as its Chief Technology Officer (CTO). Geva's expertise in high-tech data analytics is expected to position HUB Security at the forefront of the cybersecurity for the data fabric market. With over two decades of leadership in high-tech data analytics, Geva holds an MBA from the University of Massachusetts Amherst and a Bachelor of Arts in Computer Science from the Israel Institution of Technology. The CEO of HUB Security expressed excitement about Geva's appointment, highlighting the strategic milestone in the company's vision to lead the data fusion market.
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Rhea-AI Sentiment
End-of-Day
-5.95%
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HUB Cyber Security Ltd (Nasdaq: HUBC) expects to achieve over $100 million in revenues and profitability within the next two years. Despite a temporary decline in H1 2023 revenues, the company anticipates strong growth driven by new contracts and up-sales of its Secured Data Fabric solutions to blue-chip clientele. The appointment of seasoned professionals to key management roles and the strategic focus on Confidential Computing technology are expected to drive the company's growth into 2025.
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-2.35%
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HUB Cyber Security Ltd (Nasdaq: HUBC) strengthens partnership with a top global entertainment company, integrating cybersecurity services to fortify digital infrastructure and protect against emerging threats.
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-7.83%
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HUB Cyber Security Ltd (Nasdaq: HUBC) announces a collaboration agreement with one of Israel's top-three military contractors to provide Confidential Computing and ancillary cybersecurity services for on-ground military systems. The agreement aims to secure all mission-critical information processed in real-time by combat computers, emphasizing the company's dedication to providing secure warfare solutions amidst the Israeli war.
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End-of-Day
12.75%
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Hub Cyber Security Ltd. Ordinary Shares

Nasdaq:HUBC

HUBC Rankings

HUBC Stock Data

10.22M
4.45M
21.12%
8.98%
4.12%
Data Processing, Hosting, and Related Services
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United States of America
Tel Aviv