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Wearable Devices Ltd - WLDS STOCK NEWS

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

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 Wearable Devices'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 Wearable Devices's position in the market.

Rhea-AI Summary
Wearable Devices has been granted a 180-day extension by Nasdaq to regain compliance with the minimum bid price rule. The company must meet the $1.00 bid price per share requirement to avoid potential delisting. Nasdaq's decision is based on the company's meeting of other listing requirements. The company's ordinary shares will remain listed on the Nasdaq Capital Market under the symbol 'WLDS' during this compliance period.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-20.09%
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none
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Rhea-AI Summary
Wearable Devices announces a breakthrough in digital interaction with the Mudra Band, introducing an AI gesture mouse for Mac computers. The new feature allows for natural, effortless navigation through a 'reverse-pinch' gesture, enhancing user experience within the Apple ecosystem. Additional updates include optimized Apple TV control and a comprehensive firmware update to improve touchless interaction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.25%
Tags
AI
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Rhea-AI Summary
Wearable Devices signs a reseller agreement with WisePlus to expand its licensing program reach in South Korea and China. The collaboration aims to leverage WisePlus' network and expertise to promote the Mudra Technology Developer Kit, enabling OEMs and developers to create custom gestures for various industries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.64%
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none
Rhea-AI Summary
Wearable Devices releases a report on XR technology, highlighting Apple and Meta's advancements in smart glasses. The report emphasizes the importance of neural interfaces and gesture-based controls in wearables.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
26.35%
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none
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Rhea-AI Summary
Wearable Devices (Nasdaq: WLDS, WLDSW) reported its 2023 financial results, highlighting strategic capital allocation, partnerships, and innovative product developments. The company experienced a net loss increase due to investments in sales, marketing, research, and development. Wearable Devices launched the B2B Mudra Developer Kit, collaborated with Qualcomm, and signed agreements with leading companies. The B2C product, Mudra Band for Apple Watch, received positive reception at trade shows. Financially, research and development expenses and sales and marketing expenses rose by 46% and 47%, respectively. The net loss for 2023 was $(7.8 million), with cash and deposits at $4.9 million. Inventory increased to $1.0 million to support B2C business growth in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
26.35%
Tags
-
Rhea-AI Summary
Wearable Devices Ltd. announces a collaboration with Qualcomm Technologies to enhance XR experiences with Mudra's touchless control technology. The partnership aims to redefine interactions in AR and VR environments by combining Mudra's technology with Snapdragon Spaces, setting a new standard for immersive digital experiences.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.29%
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none
Rhea-AI Summary
Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) will showcase its Mudra Developer Kit for B2B partners and Mudra Band for Apple Watch users at MWC Barcelona 2024, highlighting neural gesture input technology. The MDK enables OEMs to design custom wrist and hand gestures, while the Mudra Band offers touchless control of Apple products. Executives express optimism about revenue growth through partnerships and technology innovation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.05%
Tags
none
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Rhea-AI Summary
Wearable Devices Ltd. receives recognition for its Mudra Band as the 'Best Wearable' device at CES 2024, gaining global acclaim from top tech publications like SlashGear, Mashable, VentureBeat, and Sky Update. The band connects to Apple Watch, enabling users to control multiple Apple ecosystem devices through neural signals captured by Surface Nerve Conductance sensors. Wearable Devices' innovative approach sets new standards for user experience in wearable technology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.33%
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none
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Rhea-AI Summary
Wearable Devices Ltd. collaborates with Qualcomm Technologies to enhance touchless control in XR environments. The partnership aims to revolutionize AR and VR interactions by integrating Mudra technology with Snapdragon Spaces XR Developer Platform.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.65%
Tags
none
Rhea-AI Summary
Wearable Devices Ltd. announces plans to explore compatibility between Mudra Band and Apple Vision Pro, aiming to enhance user interaction with innovative technology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.27%
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none
Wearable Devices Ltd

Nasdaq:WLDS

WLDS Rankings

WLDS Stock Data

11.40M
12.46M
28.41%
1.6%
2.88%
Computer Storage Device Manufacturing
Manufacturing
Link
Israel
Yokneam Illit

About WLDS

wearable devices ltd develops hardware and software solutions to interact with computers. our vision is transforming interaction and control of computers to be as natural and intuitive as real-life experience. mudra is a wrist-worn gesture control wearable interface which controls computers using natural subtle hand finger movements and fingertip pressure, using discrete and continuous gestures, thus creating a true brain-device interface for all future computers. developers, start building your dream! order the mudra inspire dev-kit at www.getmudra.com