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Hub Cyber Security Ltd - HUBC STOCK NEWS

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

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'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's position in the market.

Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.26%
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.04%
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.95%
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.35%
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.83%
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.75%
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News
Rhea-AI Summary
Hub Cyber Security Ltd. (Nasdaq: HUBC) announces a 1-for-10 reverse share split of its ordinary shares, effective on December 14, 2023. This is in response to the company's non-compliance with Nasdaq's minimum bid price requirement, aiming to increase the per share trading price of the Ordinary Shares to regain compliance. The reverse share split affects all shareholders uniformly and will not alter any shareholder’s percentage ownership interest in the Company’s issued and outstanding Ordinary Shares, except for adjustments that may result from the treatment of fractional shares.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-17.72%
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Rhea-AI Summary
HUB Cyber Security Ltd. (Nasdaq: HUBC) has secured a framework agreement with a prominent Swiss aviation vendor for a project spanning over 3 years with an initial scope of approximately EURO 15.5 million, potentially expanding in scope and service revenues. The agreement involves providing solutions and services for cyber data security and ongoing systems safety and reliability analysis for an advanced electric and hydrogen powered, vertical-take-off-and-landing (VTOL) airplane. HUB CEO, Noah Hershcoviz, expressed confidence in the company's core technology and its potential for additional wins and announcements in the near future, aiming to secure long-term investors' confidence in the brand.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.85%
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Rhea-AI Summary
HUB Cyber Security Ltd. (Nasdaq: HUBC) announces the appointment of Noah Hershcoviz as the new CEO, aiming to drive business growth and enhance shareholder value. Noah's extensive experience in global banking and capital raising, along with his strategic vision, positions him to lead HUB Security into its next phase of growth. The company also welcomes back Uzi Moscovich as an Active Director on the board, following his pivotal role in stabilizing the company after the previous CEO's termination.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.58%
Tags
management
Rhea-AI Summary
HUB Cyber Security Ltd (Nasdaq: HUBC) and Blackswan Technologies Ltd. are expanding their collaboration to provide a joint solution for enterprise Confidential Computing to the financial sector. The 3-year framework agreement, with a potential 24-month extension, is expected to generate over $25 million in revenue for HUB within the next 18 months. This partnership aims to address cybersecurity challenges faced by global financial institutions and drive innovation in the global cybersecurity landscape.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
22.32%
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Hub Cyber Security Ltd

Nasdaq:HUBC

HUBC Rankings

HUBC Stock Data

11.22M
4.45M
21.12%
9%
12.8%
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