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Ideanomics Inc - IDEX STOCK NEWS

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

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 Ideanomics'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 Ideanomics's position in the market.

News
Solectrac Announces Strategic Reorganization to Further Amplify Electrification Efforts and Enhance Customer Support
Rhea-AI Summary
Solectrac, a subsidiary of Ideanomics, is shifting its focus to direct-to-consumer sales and partnering with select dealers in key markets to lead the transition to zero-emission regenerative agriculture. The company aims to leverage government EV subsidy programs and cooperative purchasing agreements to promote electrification. Solectrac has secured partnerships with national cooperative purchasing agencies and is actively participating in the Clean Off-Road Equipment Voucher Incentive Project in California. The company's commitment to sustainability is evident through its pilot program with North Carolina Zoo and its dedication to educating on sustainable alternatives to diesel-powered tractors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.17%
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News
Ideanomics Announces Fourth-Quarter and Full-Year 2023 Earnings Call Details
Rhea-AI Summary
Ideanomics (IDEX) schedules a conference call to discuss its Q4 and full-year 2023 financial results on April 1, 2024, at 4:30pm ET. The call will feature prepared remarks by the senior management team, followed by a Q&A session. Investors can access the webcast and earnings materials on the company's investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.19%
Tags
earnings
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News
WAVE Charging Appoints Macy Neshati as General Manager to Spearhead Expansion and Scale
Rhea-AI Summary
WAVE Charging, a subsidiary of Ideanomics (IDEX), appoints Macy Neshati as General Manager to drive expansion and oversee operations. Neshati's experience includes leading U.S. Hybrid and strategic partnerships, enhancing WAVE's position in the commercial vehicle charging market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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management
News
Energica Inside Signs Agreement with Nimbus to Provide Customized Electric Powertrain
Rhea-AI Summary
Energica Inside, a business unit of Energica Motor Company, has signed an agreement to provide technology to electrify the historic Nimbus Model C motorcycle, produced by Fisker and Nielsen from 1919 to 1960. This agreement aims to support Nimbus's release of the classic Model C as an electric motorcycle, leveraging Energica's technical know-how and IP. The General Manager of Energica Inside, Carlo Iacovini, expressed enthusiasm for this partnership.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.67%
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none
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News
WAVE Charging Sets Industry Milestone with First-Ever OEM-Approved Commercial Wireless Charging Integration in Kenworth's Class 6 Electric Trucks
Rhea-AI Summary
WAVE Charging, a subsidiary of Ideanomics (NASDAQ: IDEX), achieves OEM approval for high-power wireless charging integration into Kenworth's Class 6 electric trucks. This groundbreaking achievement demonstrates practicality, strategic differentiation, warranty assurance, and potential for factory installation, setting a new standard in the commercial EV industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.27%
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News
WAVE Charging Announces Receipt of Purchase Order from Leading Retail and Logistics Company
Rhea-AI Summary
WAVE Charging, a subsidiary of Ideanomics, has received a purchase order for a commercial proof of concept project with a major retail and logistics company in the US. The customer's name and project details are confidential, but the collaboration signifies a significant milestone for WAVE in the commercial vehicle charging sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.94%
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none
News
First Planned Deployment of 500kW Inductive Charger to Power Electric Trucks in Cold Climates
Rhea-AI Summary
WAVE Charging, a subsidiary of Ideanomics (NASDAQ: IDEX), provided an update on its 500kW ultra-fast wireless charging system developed with Cummins and the US Department of Energy. The system fully charged a class 8 electric truck in less than 15 minutes, showcasing the potential for continuous electric vehicle uptime. The technology can supply a day's worth of energy to a home in just 3.6 minutes and is comparable in efficiency to wired charging. WAVE plans to deploy the system in Q1 2024, supported by an $8.4 million US Department of Energy grant. The project aims to help operators meet zero-emission goals and improve air quality in transportation environments. This initiative aligns with the Inflation Reduction Act's programs and tax credits for electrification, targeting medium and heavy-duty vehicles in disadvantaged communities and warehouses. WAVE's COO stated that wireless charging is the most effective solution for medium- and heavy-duty vehicles that demand perpetual operations and require charging infrastructure.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.49%
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none
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News
CORRECTION BY SOURCE: Ideanomics Announces Receipt of Nasdaq Notice Regarding Late Form 10-Q and Subsequent Compliance Determination
Rhea-AI Summary
Ideanomics (IDEX) received a notice from Nasdaq regarding potential delisting due to non-compliance with filing requirements. The company filed its Form 10-Q with the SEC on November 21, 2023, regaining compliance with the filing requirement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.7%
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none
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News
Ideanomics Announces Receipt of Notice from Nasdaq Regarding Late Filing of Quarterly Report on Form 10-Q
Rhea-AI Summary
Ideanomics (IDEX) received a notice from Nasdaq regarding non-compliance with listing rules due to delayed filing of Form 10-Q, but regained compliance after filing on November 21, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.61%
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none
News
Ideanomics, Inc. Reports Q3 2023 Financial Results
Rhea-AI Summary
Ideanomics (IDEX) announced its third quarter 2023 operating results, focusing on the commercial adoption of electric vehicles. The company reported a 57% decrease in revenue for continuing operations in the quarter, with a gross margin of negative 14.8%. Despite positive highlights such as police fleet contracts and successful wireless charging installations, the financial results show a significant decline.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7%
Tags
earnings
Stock IDEX logo
Ideanomics Inc

Nasdaq:IDEX

IDEX Rankings

#5357 Ranked by Market Cap
#5500 Ranked by Stock Gains
N/A Ranked by Dividends

IDEX Stock Data

10.65M
11.89M
19.26%
4.41%
19.82%
Satellite Telecommunications
Information
Link
United States
New York

About IDEX

ideanomics, inc. focuses on monetizing the adoption of commercial electric vehicles, associated energy consumption, and developing financial services and fintech products. its mobile energy global division provides financial services and incentives for commercial fleet operators, including group purchasing discounts and battery buy-back programs. this division also offers solutions for the procurement, financing, charging, and energy management needs for fleet operators of commercial electric vehicles. the company's ideanomics capital division provides financial services solutions. this division is involved in the areas of capital markets, such as financial products advisory and creation, with specific focus on the application of blockchain and artificial intelligence in financial technology. this division also operates ekar, an exchange traded fund that tracks the innovation labs next generation vehicles index, which comprises of global stocks that have exposure to the theme of electr