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14:09
Classover Holdings Inc has filed documents with the U.S. Securities and Exchange Commission, announcing a company resolution to implement a reverse stock split and simultaneously reduce the number of authorized common shares.
This major corporate action is scheduled to take effect on March 9, 2026. A reverse stock split is typically intended to increase the trading price per share and optimize the capital structure. Meanwhile, the reduction in authorized share capital reflects the company’s strategic adjustment to its equity structure. The simultaneous implementation of these two measures indicates that Classover Holdings Inc is actively optimizing its equity framework, laying the foundation for future capital operations and market positioning.
14:08
Last week, the number of initial jobless claims in the United States remained almost unchanged, while the number of layoffs in February dropped significantly, which is consistent with the robust state of the labor market.
Data shows that the labor market is regaining its footing after setbacks last year. Economists believe last year's volatility stemmed from uncertainty caused by broad tariffs implemented by Trump under a law intended to address national emergencies. The Federal Reserve's "Beige Book" report released on Wednesday also stated that employment levels have been "generally stable" in recent weeks, with seven out of twelve districts reporting no change in hiring. The report noted, "Contacts in several districts cited rising non-labor input costs, weakening demand, or uncertainty about overall economic conditions as reasons for flat or declining employment levels." Economists are optimistic that, with tax cuts stimulating demand, the labor market will regain momentum this year.
14:08
Sidus Space Inc. recently announced a significant development: the company has successfully received a series of on-orbit images captured by the NEI camera from HEO USA.
The camera is currently operating onboard Sidus Space's Lizziesat-3 (LS-3) satellite. The successful transmission of these images marks the verification of the LS-3 satellite and its onboard payloads' functionality in orbit, representing a critical breakthrough in mission execution. The image data will provide valuable observational information for related fields.
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