Beamr Imaging Ltd. (BMR) jumped 17.31 percent to $3.95 on Wednesday after announcing the launch of a new high-performance video compression solution tailored for autonomous vehicles. The debut will take place at NVIDIA GTC Paris, part of the Viva Technology 2025 event. Shares opened at $3.72 and traded between $3.72 and $4.32 on the Nasdaq. The stock saw unusually high volume of 15.5 million shares, far above the average of 88,000. Beamr's 52-week range is between $1.86 and $6.71.
The company highlighted the overwhelming volume of video data produced by self-driving cars terabytes per vehicle daily and the massive infrastructure needed to manage and store it. Beamr aims to ease that burden with its proprietary, high-efficiency compression technology, already in use by leading global media companies.
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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.