Breaks Categories: News

WednesdayFeb 26, 2025 11:30 am

NetworkNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) Updates Cash Position, Nasdaq Compliance, and Clinical Progress

CNS Pharmaceuticals (NASDAQ: CNSP) a biopharmaceutical company focused on treatments for brain and central nervous system cancers, provided an update on its cash position and efforts to maintain its Nasdaq listing. The company reported a strengthened financial position, with $14 million in cash as of Feb. 26, 2025, expected to fund operations into the first quarter of 2026. CNS remains on track to announce primary data analysis for its global Berubicin trial in the first half of 2025 and plans to begin its TPI 287 clinical program by enrolling its first patient before year-end. To maintain compliance with Nasdaq’s listing…

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WednesdayFeb 26, 2025 10:57 am

NetworkNewsBreaks – Meta Platforms Inc. (NASDAQ: META) Moves to Challenge Nvidia (NASDAQ: NVDA) Reportedly Considering $200 Billion AI Data Center Project

Meta Platforms (NASDAQ: META) is reportedly in discussions to build a new data center campus dedicated to its artificial intelligence projects, with potential costs exceeding $200 billion. The company is considering locations in Louisiana, Wyoming, or Texas, with senior leaders having visited potential sites this month. However, a Meta spokesperson denied the report, stating that their data center plans and capital expenditures have already been disclosed and that anything beyond that is "pure speculation." As of 8:56 AM EST on February 26, 2025, Meta Platforms' stock is trading at $657.50, reflecting a decrease of $10.61, or 1.59%, from the previous…

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WednesdayFeb 26, 2025 10:30 am

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Joins Sourcewell Contract for Government EV Purchases

Mullen Automotive (NASDAQ: MULN), an electric vehicle manufacturer, announced that its all-electric commercial vehicles, the Mullen ONE Class 1 EV cargo van and Mullen THREE Class 3 EV cab chassis truck, have been added to National Auto Fleet Group’s (NAFG) Sourcewell contract. This approval allows government agencies and educational institutions to purchase Mullen’s commercial EVs through NAFG without lengthy bidding procedures. Sourcewell, a government agency that streamlines procurement, offers competitively solicited contracts, making fleet acquisition more efficient. NAFG, a California-based dealer, is also an approved California Air Resource Board (“CARB”) HVIP dealer, enabling significant incentives on the Mullen THREE, including…

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WednesdayFeb 26, 2025 10:20 am

NetworkNewsBreaks – NVIDIA Corp. (NASDAQ: NVDA) Set to Announce Q4 FY2025 Earnings Amid High Expectations

NVIDIA (NASDAQ: NVDA) is poised to release its fiscal fourth-quarter 2025 earnings report today after market close. Analysts anticipate adjusted earnings of 85 cents per share, a 63% increase from the same period last year, on revenue of $38.1 billion, up 72% year-over-year. This surge is largely attributed to heightened demand for NVIDIA's AI and data center products. Investors are keenly observing how NVIDIA addresses potential challenges, including competition from custom AI chip developers and geopolitical factors affecting sales. As of 8:56 AM EST on February 26, 2025, NVIDIA's stock is trading at $126.63, reflecting a decrease of $3.72, or…

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WednesdayFeb 26, 2025 10:15 am

NetworkNewsBreaks – Trump Media & Technology Group Corp. (NASDAQ: DJT) Paid Donald Trump Jr. $813K in 2024, Nearly a Quarter of Annual Revenue

Trump Media & Technology Group (NASDAQ: DJT) compensated Donald Trump Jr. $813,000 in 2024, despite his attendance at only two board meetings, accounting for nearly 25% of the company’s total revenue. The payment coincided with Trump Jr. gaining control over more than half of the company's shares, raising questions about the firm's financial structure and governance. As of 8:53 AM EST on Feb. 26, 2025, Trump Media & Technology Group's stock is trading at $23.81, reflecting a decrease of $1.90, or 7.38%, from the previous close. To view the full article, visit https://nnw.fm/QqCF6 About Trump Media & Technology Group Trump…

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WednesdayFeb 26, 2025 10:08 am

NetworkNewsBreaks – Sprout Social Inc. (NASDAQ: SPT) Reports 14% Revenue Growth in Q4 2024, Non-GAAP Net Income Jumps to $10.7M

Sprout Social (NASDAQ: SPT) reported a 14% year-over-year increase in fourth-quarter 2024 revenue, totaling $107.1 million. The company's current remaining performance obligations grew by 26% to $249.4 million. Non-GAAP net income reached $10.7 million, or $0.19 per share, up from $1.0 million, or $0.02 per share, in the same period last year. CEO Ryan Barretto highlighted the company's focus on enterprise growth and customer engagement as key drivers for future expansion. As of 9:02 AM EST on February 26, 2025, Sprout Social's stock is trading at $27.25, reflecting a decrease of $0.66, or 2.34%, from the previous close. To view…

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WednesdayFeb 26, 2025 9:27 am

NetworkNewsBreaks – HeartBeam Inc. (NASDAQ: BEAT) Underwriter Exercises Option, Increasing Gross Proceeds to $11.5M

HeartBeam (NASDAQ: BEAT), a medical technology company focused on advancing cardiac care, announced that the underwriter of its recent public offering exercised its option to purchase an additional 864,033 shares at $1.70 per share. This move increases the total gross proceeds from the offering to approximately $11.5 million, before deductions. The exercise of the over-allotment option closed Feb. 25, 2025, following the initial 5,882,353 share offering that closed Feb. 14, 2025. The funds will support HeartBeam’s strategic growth initiatives, including U.S. commercialization efforts, R&D, and regulatory projects. MDB Capital served as the underwriter, with Paulson Investment Company LLC acting as…

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TuesdayFeb 25, 2025 2:29 pm

NetworkNewsBreaks – Consumer Automotive Finance Inc. (CAFI) Initiates ‘Shareholder-Centric Strategy’ to Retire 246 Million Common Shares

Consumer Automotive Finance (OTC: CAFI), a dynamic leader in the sports supplement, fitness equipment, and health and wellness industries, today announced the finalization of an agreement to retire 246 million of its issued and outstanding common shares. “This landmark share retirement exemplifies our management team's resolute focus on creating enduring value for our shareholders,” said Brandon Spikes, chairman of Consumer Automotive Finance. “By reducing our outstanding shares by 246 million, we are not only enhancing the intrinsic value of each remaining share but also signaling our confidence in CAFI's growth trajectory and long-term profitability. This is a deliberate, shareholder-centric strategy…

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TuesdayFeb 25, 2025 12:55 pm

NetworkNewsBreaks – Tuttle Capital Management Featured in Stock2Me Podcast

IBN, a multifaceted communications organization engaged in connecting public companies to the investment community, has announced release of the latest episode of the Stock2Me Podcast as part of its sustained effort to provide specialized content distribution via widespread syndication channels. The program features Matthew Tuttle, CEO of Tuttle Capital Management, an investment firm focused on providing innovative strategies while challenging Wall Street's institutional biases. During the engaging conversation with IBN’s Jonathan Keim, Tuttle discusses the appeal of memecoins, excitement in the crypto community for the opportunity to trade beyond Bitcoin and Ether, and advances in artificial intelligence that are reshaping…

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TuesdayFeb 25, 2025 11:52 am

NetworkNewsBreaks – Twin Hospitality Group Inc. (NASDAQ: TWNP) Completes Spinoff from FAT Brands Inc. (NASDAQ: FAT)

Twin Hospitality (NASDAQ: TWNP), the owner of the Twin Peaks and Smokey Bones restaurant brands, has completed its spinoff from FAT Brands (NASDAQ: FAT), a leading global franchising company and parent company of 18 iconic brands. In conjunction with the spin-off, Twin Hospitality Class A Common Stock began trading under the symbol TWNP on the Nasdaq Global Market. Roth Capital Partners acted as financial advisor for the transaction. For more information, visit https://nnw.fm/lptmZ About Twin Peaks Founded in 2005 in the Dallas suburb of Lewisville, Twin Peaks franchises and owns 115 restaurants in the United States and Mexico. Twin Peaks…

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