Breaks Categories: News

TuesdayApr 08, 2025 2:50 pm

NetworkNewsBreaks – Perfect Moment Ltd. (NYSE American: PMNT) Secures $6.4M in Private Placement

Perfect Moment (NYSE American: PMNT), the high-performance luxury skiwear and lifestyle brand, recently closed a private placement financing of approximately $6.4 million of its newly created 12% Series AA Convertible Preferred Stock. As detailed in the announcement, participants in the offering include Max Gottschalk, co-founder and chairman of Perfect Moment, as well as institutional investors and Kahala19, LLC. Perfect Moment intends to use the net proceeds from the offering to support strategic growth initiatives, working capital, and general corporate purposes. ThinkEquity LLC acted as placement agent in connection with the private placement. Manatt, Phelps & Phillips, LLP represented the company,…

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TuesdayApr 08, 2025 1:40 pm

NetworkNewsBreaks – Apple Inc. (NASDAQ: AAPL) Valuation Signals Buying Opportunity, BofA Says

Apple (NASDAQ: AAPL) may be poised for strong gains based on historical trends, according to analysts at Bank of America who note the stock is trading at its cheapest levels in over a year. The firm points to Apple’s current price-to-earnings ratio as a key signal, suggesting that previous dips to similar valuation levels have often preceded significant rallies. With investor focus shifting toward AI features in upcoming iPhones and potential services growth, Apple’s discounted valuation is drawing renewed interest from institutional buyers. Apple shares are currently trading at $167.12, up 0.8% as investors respond to the optimistic outlook and…

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TuesdayApr 08, 2025 1:30 pm

NetworkNewsBreaks – Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) Shows Technical Strength With Breakout Past Key Resistance

Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) is displaying bullish momentum as it breaks out above a 153.78 buy point from a flat base, signaling renewed investor confidence in the tech giant. The move comes after a period of consolidation and is supported by healthy trading volume. Alphabet, the parent of Google, has also recently crossed its 50-day moving average, a key technical indicator watched by traders. With its artificial intelligence initiatives gaining traction and solid earnings growth, the stock appears well-positioned heading into the second quarter. Alphabet shares are currently trading around $157.89, up 0.4% on the day and maintaining a…

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TuesdayApr 08, 2025 1:20 pm

NetworkNewsBreaks – Meta Platforms Inc. (NASDAQ: META) Defends Integrity of LLaMA 4 Benchmark Scores Amid AI Scrutiny

Meta Platforms (NASDAQ: META) is pushing back against allegations that it artificially inflated benchmark scores for its upcoming LLaMA 4 large language model, following criticism from the AI research community. During a presentation at an AI conference in Paris, Meta’s VP of AI, Joelle Pineau, firmly denied any manipulation, emphasizing the company’s commitment to transparency and reproducibility. The controversy comes as Meta competes with OpenAI and Google in the race to dominate generative AI, and ahead of LLaMA 4’s expected open release this summer. Meta shares are currently trading at $509.02, up 1.3% on the day as investors appear unshaken…

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TuesdayApr 08, 2025 1:05 pm

NetworkNewsBreaks – Authentic Holdings Inc. (AHRO) Announces Strategic Collaboration to Expand Global Reach of iDreamCTV 

Authentic Holdings (OTC: AHRO) today announced a partnership between its subsidiary, Maybacks Global Entertainment, and LIME X, a global developer of TV streaming services on Android, iOS, Smart TV, Android TV and Web platforms. “Our partnership with LIME X is another great step forward, allowing our TV streaming app, iDreamCTV, and its 42 channels to be seen by a very large global audience,” said Authentic Holdings President and Chairman Chris H Giordano. “LIME X has had over 100,000,000+ downloads of their platform. Our content will now be seen by another huge global audience and allow us to capture significant revenue…

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TuesdayApr 08, 2025 10:37 am

NetworkNewsBreaks – Brera Holdings PLC (NASDAQ: BREA) Gains FIGC Approval for Stake in Juve Stabia Football Club

Brera Holdings (NASDAQ: BREA), an Ireland-based holding company pursuing a multi-club ownership strategy in global football, announced that the Italian Football Federation ("FIGC") has approved its acquisition of a stake in S.S. Juve Stabia S.r.l., a Serie B club in Italy. The approval follows a regulatory review confirming Brera’s financial and reputational standards. The company has acquired 38.46% of Juve Stabia’s capital through multiple closings and is working toward a majority stake. The acquisition aligns with Brera’s goal of building a global, interconnected network of football clubs.  To view the full press release, visit https://nnw.fm/p5SbH  About Brera Holdings PLC  Brera…

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TuesdayApr 08, 2025 10:30 am

NetworkNewsBreaks – Beeline Holdings, Inc. (NASDAQ: BLNE) Outpaces Mortgage Market With 29% Higher Origination Growth in 2024

V Beeline Holdings (NASDAQ: BLNE), an emerging fintech mortgage lender, reported that its origination volume growth in 2024 outpaced the broader U.S. mortgage industry by 29%, according to data from the Mortgage Bankers Association. Despite industry-wide challenges tied to rising interest rates and housing supply constraints, Beeline posted 33.5% year-over-year revenue growth in 2024. Since the market bottomed in late 2022, the company has averaged nearly 20% revenue growth per quarter, driven by ongoing investment in software, product expansion, and diversified lending strategies. To view the full press release, visit https://nnw.fm/nyvMT About Beeline Beeline is a forward-thinking mortgage origination and…

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TuesdayApr 08, 2025 10:15 am

NetworkNewsBreaks – Nightfood Holdings Inc. (OTCQB: NGTF) Expands Into Hospitality Robotics With AI-Driven Acquisitions and Partnerships 

Nightfood Holdings (OTCQB: NGTF), a hospitality-focused technology company, is accelerating its push into AI-driven service robotics through strategic acquisitions and partnerships aimed at modernizing hotel and food-service operations. Amid ongoing labor shortages, the company has acquired Skytech Automated Solutions, known for its Laundry Helper robot, and CarryoutSupplies.com, a packaging distributor. These moves strengthen its Robotics-as-a-Service model by integrating automation into hotel operations and product distribution. Nightfood’s partnership with Bear Robotics further positions it as a key player in the growing $65.4 billion hospitality robotics market projected by 2032.  To view the full press release, visit https://nnw.fm/5XrjH  About Nightfood Holdings Inc. …

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MondayApr 07, 2025 2:56 pm

NetworkNewsBreaks – Silynxcom Ltd. (NYSE American: SYNX) Secures $2.9M in Underwritten Public Offering 

Silynxcom (NYSE American: SYNX), a manufacturer and developer of ruggedized tactical communication headset devices and other communication accessories, has closed its previously announced underwritten public offering of 1,290,000 ordinary shares, each at a public offering price of $2.25, with all ordinary shares offered by the company. In addition, Silynxcom granted the underwriters a 45-day option to purchase up to an additional 193,500 ordinary shares at the public offering price, less underwriting discounts and commissions, to cover overallotments, if any. The company secured gross proceeds of approximately $2.9 million in the offering, of which it intends to use the net primarily…

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MondayApr 07, 2025 9:35 am

NetworkNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) and Japan Tobacco Complete Quantum AI Drug Discovery Breakthrough

D-Wave Quantum Inc.  (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, announced the successful completion of a proof-of-concept project with the pharmaceutical division of Japan Tobacco Inc. that integrated quantum computing and AI to explore improved drug discovery. The project demonstrated that D-Wave’s annealing quantum technology enhanced large language models (LLMs), producing more valid and “drug-like” molecular structures compared to classical AI methods. The breakthrough underscores quantum computing’s potential to accelerate the discovery of first-in-class small-molecule compounds.  To view the full press release, visit https://nnw.fm/uKlcT  About D-Wave Quantum Inc. D-Wave is a leader in the development…

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