Uber Hit With $324 Million Fine By Dutch Regulator For Data Transfer Violations

Image source: Photo by Viktor Avdeev on Unsplash

Uber Hit with $324 Million Fine by Dutch Regulator for Data Transfer Violations. 🚗 The Dutch Data Protection Authority fined Uber $324 million for allegedly transferring European drivers' sensitive data to the U.S. without adequate safeguards. Uber plans to contest the fine, citing compliance with GDPR regulations. MarketWatch reports.

🖥️ CloudFlex: Chinese entities turn to Amazon cloud and its rivals to access high-end US chips, AI. Reuters reports.

🔒 Microsafe: Microsoft plans September cybersecurity event to discuss changes after CrowdStrike outage. CNBC reports.

✈️ DeltaDeparture: Delta Air COO Mike Spanos to leave carrier. Reuters reports.

👓 VisionShift: Meta cancels plans for high-end mixed-reality headset. Yahoo Finance reports.

📈 Cavalanche: Cava earnings beat estimates as restaurant traffic climbs nearly 10%. CNBC reports.

🚀 YouTubeBoost: YouTube Ads from major brands are landing on project 2025 videos. Yahoo Finance reports.

(All pricing and percent gains are based on Early Pre-Market from 4:00 AM to 7:00 AM Eastern Time)
Benzinga reports.

1. $MRM: MEDIROM Healthcare Techs
Total gain: +147.98%

2. $PWM: Prestige Wealth
Total gain: +67.1%

3. $MIRA: Mira Pharmaceuticals
Total gain: +43.24%

4. $TCJH: Top KingWin
Total gain: +32.95%

5. $TVGN: Tevogen Bio Holdings
Total gain: +32.77%

*Bob Iaccino is a chief market strategist and co-founder of Path Trading Partners. He joins us live every Thursday from 11am ET, as our Risk Management educator.

Why Is Diversification So Important?

The simpler you make your entries, the more charts you can analyze, and the more assets you can trade. This approach aligns with the number one recommendation for any diversified investor: diversification.

Even if you're trading just one stock today, you're still diversified because you’re selecting the one most likely to succeed based on your process. This minimizes exposure to less promising stocks, which is why diversification is so powerful.

The closing price of the top three market percent gainers trading near or above $3 on August 23.

*All pricing and percent gains are based on regular market trading hours from 9:30am to 4:00pm Eastern Time

1. $PRTG: Portage Biotech
Total gain: +118.12%
The stock appeared to be moving on no notable news.

2. $GHSI: Guardion Health
Total gain: +64.71%
The stock appeared to be moving on no notable news.

3. $APDN: Applied DNA Sciences
Total gain: +36.10%
The company announced that its wholly owned clinical laboratory subsidiary, Applied DNA Clinical Labs, LLC, has submitted a validation package to the New York State Department of Health. This submission supports the expansion of the permitted use of its Linea Mpox Virus 1.0 Assay to include both mpox clade I and clade II. Benzinga reports.

*Estimate and Actual numbers represent Earnings Per Share in US Dollars

HEI: Heico
3Q 2024
After Market Close
Estimate: 0.920
Actual: N/A

TCOM: Trip.com Group
2Q 2024
After Market Close
Estimate: 0.740
Actual: N/A

TUYA: Tuya
2Q 2024
After Market Close
Estimate: 0.020
Actual: N/A

Time (ET) / Report / Period

8:30 am - Durable-goods orders - July
8:30 am - Durable-goods minus transportation - July

“You have to keep your money in the market. It’s the only way you’re going to make money.”

― Jim CramerSourced in:
“Mad Money: Watch TV, Get Rich”, by Jim Cramer, published in 2005