Breaks Categories: News

ThursdayMay 08, 2025 9:10 am

NetworkNewsBreaks – Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) Set to Benefit as Big Tech AI Spending Surge Lifts Demand for Nvidia Chips

Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) is one of several tech giants ramping up capital expenditures in 2025 to accelerate artificial intelligence development, reinforcing long-term demand for Nvidia’s AI chips. Alongside Meta, Amazon, and Microsoft, Alphabet is helping drive a projected $300 billion in collective tech infrastructure investment this year. The expanded AI budgets reflect a race to dominate next-gen digital experiences and data center capabilities. For Alphabet, the increased spend strengthens its AI-first approach, including continued development of its Gemini AI model and advanced cloud-based AI services. Alphabet shares are currently trading around $165.12, down 2.8% following reports of Apple’s…

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ThursdayMay 08, 2025 9:00 am

NetworkNewsBreaks – ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) to Present at Metals Investor Forum in Vancouver on May 9

ESGold (CSE: ESAU) (OTCQB: ESAUF), a pre-production gold and silver company advancing its fully permitted Montauban Project in Quebec, will present at the Metals Investor Forum in Vancouver on May 9, 2025. The company was invited by Silver Stock Investor author Peter Krauth, who recognized ESGold as a high-potential junior nearing production. ESGold’s presentation, scheduled for 2:50 p.m. PST at the Rosewood Hotel Georgia, will include updates on construction progress and upcoming gold-silver production expected by year-end. To view the full press release, visit https://nnw.fm/8J0dW About ESGold Corp. ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) (FSE: Z7D) is a fully permitted, pre-production resource…

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WednesdayMay 07, 2025 1:35 pm

NetworkNewsBreaks – Meta Platforms Inc. (NASDAQ: META) Launches Edits App to Empower Creators

Meta Platforms (NASDAQ: META) is considered undervalued following its recent earnings report, with Morningstar assigning a 4-star rating and maintaining a fair value estimate of $770 per share. The company's strong performance, driven by robust advertising revenue and advancements in artificial intelligence, has led to increased confidence among analysts. Despite potential macroeconomic and regulatory challenges, Meta's focus on AI and its core advertising business positions it well for long-term growth. As of 2:37 PM ET on May 7, 2025, Meta's stock is trading at $595.17, up 1.34% from the previous close. The stock has experienced an intraday high of $596.33…

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WednesdayMay 07, 2025 1:25 pm

NetworkNewsBreaks – Match Group Inc. (NASDAQ: MTCH) Faces Proxy Battle as Anson Funds Seeks Board Changes

Match Group (NASDAQ: MTCH) continues to hold a "Moderate Buy" consensus rating from Wall Street analysts, even as the stock underperforms broader market indices. According to Barchart, 24 analysts currently cover the stock, with the consensus rating remaining steady at 3.71 out of 5 over the past three months. This suggests cautious optimism about the company's long-term prospects, despite recent challenges. However, technical indicators present a more bearish outlook, with Barchart's composite technical opinion rating the stock as a 72% "Sell," indicating a weakening short-term trend. As of the latest trading session, Match Group shares are priced at $30.26, reflecting…

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WednesdayMay 07, 2025 1:15 pm

NetworkNewsBreaks – Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) Gains Momentum as Tariff Clarity Lifts Growth Stock Sentiment

Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) saw its stock decline following reports that Apple is in discussions to integrate OpenAI's artificial intelligence technology into its Safari browser, a move that could challenge Google's dominance in web search. Apple is reportedly exploring the incorporation of AI search features in the upcoming iOS 18, and while talks with Google continue regarding its Gemini AI, a potential shift to OpenAI’s technology could disrupt the long-standing partnership that currently makes Google the default search engine on Apple devices. Investors are reacting to the possibility that Apple may diversify or even reduce its reliance on Google’s…

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WednesdayMay 07, 2025 1:05 pm

NetworkNewsBreaks – Tesla Inc. (NASDAQ: TSLA) Faces Pension Fund Divestment Amid Political and Financial Concerns

Tesla (NASDAQ: TSLA) is under scrutiny as Lehigh County, Pennsylvania's pension board becomes the first known U.S. pension fund to halt new investments in the company. The board, overseeing $500 million in assets, voted 4-2 to cease purchasing Tesla stock, citing CEO Elon Musk's political involvement and the company's declining performance. The decision follows a 71% drop in Tesla's earnings and a 20% decrease in automotive revenue. The board has also directed its investment manager to explore options for divesting existing passive holdings. This move aligns with broader national and international pressures, including calls from New York legislators and labor…

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WednesdayMay 07, 2025 12:55 pm

NetworkNewsBreaks – Apple Inc. (NASDAQ: AAPL) Slips After Buyback Cut, but Analysts See Long-Term Strength

Apple (NASDAQ: AAPL) shares pulled back following news that the company reduced its share repurchase activity in the March quarter, triggering concern among short-term investors. While Apple still authorized a record $110 billion in future buybacks, the actual spending in the most recent quarter was lower than prior periods. Analysts argue that the stock reaction may be shortsighted, as the company continues to generate substantial cash flow and remains focused on long-term capital return strategies. The pullback also comes as Apple prepares to unveil new AI features and potentially reshape its search partnerships, further boosting its strategic positioning. As of…

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WednesdayMay 07, 2025 12:27 pm

NetworkNewsBreaks – Soligenix Inc (SNGX) CEO Highlights Pipeline and Strategy in Latest BioMedWire Podcast Episode

Soligenix (SNGX) Chairman and CEO Dr. Christopher Schaber joined IBN’s BioMedWire Podcast to discuss the company’s two-pronged business model, robust late-stage pipeline, and ongoing clinical trials. Schaber emphasized Soligenix’s focus on rare disease therapeutics and its Public Health Solutions segment, which has received over $60 million in non-dilutive U.S. government funding. He also outlined near-term milestones, including a confirmatory Phase 3 trial, active partnership discussions, and continued pursuit of strategic opportunities.  To view the full press release, visit https://nnw.fm/AkNZ0  About Soligenix, Inc.  Soligenix is a late-stage biopharmaceutical company focused on developing and commercializing products to treat rare diseases where there…

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WednesdayMay 07, 2025 12:08 pm

NetworkNewsBreaks – Golden Triangle Ventures Inc. (OTC: GTVH) and VIPTIO Launch Web3-Powered Media Network for Destino Ranch

Golden Triangle Ventures (OTC: GTVH) (“GTV”) and its subsidiary Lavish Entertainment have partnered with VIPTIO to deploy a blockchain-enabled digital infrastructure for Destino Ranch, a 4,000+ acre entertainment and lifestyle community near Las Vegas. The pilot program will connect physical venues with immersive digital content accessible across smart devices and public kiosks, including high-traffic locations like Denver International Airport. VIPTIO’s platform will stream concerts, motorsports, and lifestyle content from Destino Ranch while promoting local commerce through geotargeted recommendations. The initiative will align with major 2025–2026 events in the Las Vegas market, aiming to monetize global media and local engagement through a…

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WednesdayMay 07, 2025 11:47 am

NetworkNewsBreaks – ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Issues RSUs to New Director, Reports Montauban Construction Progress

ESGold (CSE: ESAU) (OTCQB: ESAUF) a pre-production gold and silver company advancing its Montauban Project in Quebec, has issued 500,000 restricted share units ("RSUs") to new board member Peter Espig as part of its equity incentive plan. Espig brings deep experience in project finance and transitioning juniors to producers. The company also confirmed that construction at its Montauban processing site is progressing on schedule, with the delivery of Humphrey Spirals—key to the gravity recovery circuit—expected next week. ESGold targets production by year-end 2025.  To view the full press release, visit https://nnw.fm/TEu9l  About ESGold Corp.  ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) (FSE:…

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