Breaks Categories: News

WednesdayFeb 19, 2025 11:37 am

NetworkNewsBreaks – Microsoft Corp. (NASDAQ: MSFT) Remains Key Holding as Bill Gates Adds McDonald’s (NYSE:MCD) and Mexico Fund (NYSE:MXF) in Q4

Microsoft (NASDAQ: MSFT)  remains a cornerstone of Bill Gates’ investment portfolio, as the Bill & Melinda Gates Foundation Trust continued to hold a substantial stake in the tech giant during the fourth quarter of 2024. Alongside Microsoft, the trust added two new positions: 335,000 shares of McDonald's Corporation (NYSE:MCD), valued at approximately $97 million, and 735,000 shares of the Mexico Fund (NYSE:MXF), a closed-end fund focused on Mexican equities, worth around $10.2 million. The purchase of the Mexico Fund marks Gates’ re-entry into the stock after selling a previous position two years ago. As of Feb. 19, Microsoft is trading…

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WednesdayFeb 19, 2025 11:35 am

NetworkNewsBreaks – Meta Platforms Inc. (NASDAQ: META) Ends 20-Day Winning Streak Amidst AI Investment Surge

Meta Platforms (NASDAQ: META) concluded a remarkable 20-day winning streak, with shares closing 2.8% lower at $716.37 on Tuesday. This dip follows the company's announcement of plans to invest between $60 billion and $65 billion in artificial intelligence infrastructure for 2025, surpassing analysts' expectations. Despite the increased spending, Meta's stock has risen approximately 22% since the start of the year, driven by strong earnings and resilience against external challenges. As of 9:28 AM EST on February 19, 2025, Meta's stock is trading at $716.37, reflecting a decrease of $20.34 (2.76%) from the previous close. Today's trading range has been between…

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WednesdayFeb 19, 2025 11:26 am

NetworkNewsBreaks – Broadcom Inc. (NASDAQ: AVGO) Reportedly Considering Acquisition of Intel (NASDAQ: INTC) Assets

Broadcom (NASDAQ: AVGO), is reportedly evaluating a potential acquisition of Intel Corp.’s (NASDAQ: INTC) chip-design division, as part of a broader restructuring effort within the semiconductor industry. According to reports, Taiwan Semiconductor Manufacturing Company (TSMC) is also considering acquiring Intel’s chip-manufacturing segment. The speculation has led to a historic five-day rally in Intel's stock, which has surged 16.1%. Broadcom's interest in Intel's assets aligns with its strategy to expand its influence in semiconductor design and strengthen its position in high-performance computing and AI-driven technologies. As of 7:44 AM EST on Feb. 19, 2025, Broadcom shares are trading at $1,186.72, reflecting…

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WednesdayFeb 19, 2025 11:25 am

NetworkNewsBreaks – Trump Media & Technology Group Corp. (NASDAQ: DJT) Raises $450 Million Through Share Sale to Yorkville Advisors

Trump Media & Technology Group (NASDAQ: DJT), the owner of Truth Social, secured $450 million by selling shares to Yorkville Advisors, a New Jersey-based investment firm. The deal represents more than half of the company’s cash on hand, reinforcing its liquidity ahead of a potential public listing. TMTG’s reliance on this financing structure signals its strategic push to sustain operations and expand its digital media presence. As of 10:05 AM EST on Feb. 19, 2025, shares of Trump Media & Technology Group (NASDAQ:DJT) are trading at $29.34, reflecting a modest increase of $0.11 (0.38%) from the previous close. Today’s trading…

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WednesdayFeb 19, 2025 10:48 am

NetworkNewsBreaks – Annovis Bio Inc. (NYSE: ANVS) to Host Patient Forum on Alzheimer’s and Parkinson’s Trials

Annovis Bio (NYSE: ANVS) will host a live webcast on Feb. 27, 2025, at 4:30 p.m. EST, where CEO Maria Maccecchini, Ph.D., will answer questions from patients, caregivers, and families regarding the company’s clinical trials and future plans. The forum will provide updates on the ongoing Phase 3 Alzheimer’s disease trial, plans for the Phase 3 Parkinson’s disease study, and patient communication strategies. A brief presentation will precede a Q&A session, with attendees encouraged to submit questions in advance. The event underscores Annovis’ commitment to patient engagement and transparency. To view the full press release, visit https://nnw.fm/d1Ab0 About Annovis Bio…

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WednesdayFeb 19, 2025 10:33 am

NetworkNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) Announces 1-for-50 Reverse Stock Split

CNS Pharmaceuticals (NASDAQ: CNSP) announced a 1-for-50 reverse stock split of its common stock, set to take effect on Feb. 21, 2025. The company’s shares will continue trading on Nasdaq under the symbol “CNSP” but with a new CUSIP number: 18978H409. The reverse split aims to increase the per-share trading price and ensure compliance with Nasdaq’s minimum share price requirement. As a result, every 50 shares of common stock will be consolidated into one, with proportional adjustments made to outstanding equity awards and warrants. No fractional shares will be issued, with cash payments provided instead. The number of authorized shares…

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WednesdayFeb 19, 2025 10:30 am

NetworkNewsBreaks – Sekur Private Data Ltd. (CSE: SKUR) (OTCQX: SWISF) (FSE: GDT0) Outlines 2025 Growth Plans, Nasdaq Uplisting Strategy

Sekur Private Data (CSE: SKUR) (OTCQB: SWISF) (FSE: GDT0) released a shareholder update from CEO Alain Ghiai, highlighting 2024 achievements and outlining an ambitious roadmap for 2025. The Swiss-hosted cybersecurity company reported strong recurring revenue from its SaaS model and announced the upcoming launch of its Sekur Corporate Suite, aimed at expanding enterprise adoption. Sekur also reaffirmed its commitment to a planned Nasdaq uplisting by the end of Q2 2025, having already engaged an investment banking firm. With a growing global presence in over 30 countries, the company remains focused on scaling its secure communications platform and increasing shareholder value.…

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WednesdayFeb 19, 2025 10:25 am

NetworkNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Announces Purchase of D-WaveTM Quantum Computer by Forschungszentrum Jülich

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”) and the Jülich Supercomputing Centre (“JSC”) at Forschungszentrum Jülich (“FZJ”) have announced that FZJ has purchased a D-Wave quantum computer, becoming the first high-performance computing (HPC) center in the world to own a D-Wave AdvantageTM annealing quantum computing system. With the purchase of the world's largest quantum computer and Europe's first quantum computer with more than 5,000 qubits and 15-way connectivity, the Jülich UNified Infrastructure for Quantum computing (JUNIQ), a public quantum computing user facility deployed by JSC, gains complete access to all aspects of the system. This will allow it to integrate the…

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WednesdayFeb 19, 2025 10:14 am

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Reports Record Quarterly Revenue, Expands EV Sales and Battery Production

Mullen Automotive (NASDAQ: MULN) reported its strongest quarter to date, invoicing over $4.4 million and receiving $6 million for vehicle deliveries in Q1 FY2025. The company highlighted growth in its commercial EV segment, with new sales across multiple industries, including home services, floral, and coffee distribution. Bollinger Motors delivered 20 Class 4 B4 trucks, generating $2.8 million in revenue, while expanding its sales and service network to over 50 locations. Mullen also advanced its U.S. battery production capabilities with three new battery lines and a $55 million DOE funding request. Despite these developments, the company reported a net loss of…

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WednesdayFeb 19, 2025 10:10 am

NetworkNewsBreaks – Brera Holdings PLC (NASDAQ: BREA) Expands North Macedonia Club Rosters with International Signings

Brera Holdings (NASDAQ: BREA) announced new signings for its North Macedonian portfolio clubs, Brera Strumica and Brera Tiverija, following the winter 2024-25 transfer window. The additions aim to strengthen both teams ahead of the spring championship, reflecting a commitment to player development and international talent recruitment. Brera Strumica’s men’s team welcomed eight new players, including Gambian midfielder Fodey Travali and Gabonese forward Fahd Nzengue. Brera Tiverija’s women’s team, currently leading the league, added Kenyan forward Christine Nafula and Macedonian midfielder Danche Karpuzovska. The reinforcements are expected to enhance both squads as they compete for success in the second half of…

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