HWH International Inc. Provides Updates on Travel Joint Venture
Joint Venture Progress: HWH International Inc. has established a joint venture in its Hapi Travel business, holding a 19% interest, which focuses on education tours, conference tour packages, and a B2B hotel booking system, generating over $18 million in revenue during the first three quarters of 2024.
Expansion Plans: The joint venture aims to expand its operations in Hong Kong, Singapore, and Malaysia to meet the growing travel demand between China and the ASEAN region, while HWH continues to promote health, wealth, and happiness as part of its mission.
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Confluent Acquisition Talks: IBM is reportedly in advanced discussions to acquire Confluent Inc for approximately $11 billion, leading to a 31.8% rise in Confluent's shares during pre-market trading.
Pre-Market Stock Movements: Several stocks saw significant gains in pre-market trading, including Treasure Global Inc (+128%), Cemtrex Inc (+106.8%), and Fulcrum Therapeutics Inc (+40.4%).
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Market Overview: The article provides a snapshot of various stocks' performances in pre-market trading, highlighting both gainers and losers, along with their respective percentage changes.
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U.S. Stock Market Performance: U.S. stocks opened lower, with the Nasdaq Composite down over 1%, while the Dow and S&P 500 also experienced declines. Notable movements included a 182% surge in HWH International Inc. shares and a 58% drop in CleanCore Solutions, Inc. shares.
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