Shares of Beamr Imaging Ltd. (BMR) surged 40% on Wednesday morning after the Israel-based video software maker announced that its Beamr Cloud solution has achieved Powered by Expertise and is now available in the Oracle Cloud Marketplace.
BMR is currently trading at $6.18, up $1.78 or 40.45%, on the Nasdaq. The stock opened its trading at $6.08 after closing Tuesday at $4.40. The stock has traded between $0.91 and $34.94 in the past 52-week period.
According to the company, Beamr Cloud provides customers access to high-quality, fast, and scalable video optimization and transformation, thanks to Beamr's patented and award-winning Content-Adaptive-Bitrate solution (CABR), enabled by NVIDIA accelerated computing. OCI combined with NVIDIA L40S GPUs delivers powerful AI compute with advanced graphics and media acceleration.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.