Breaks Categories: News

ThursdayMay 08, 2025 11:25 am

NetworkNewsBreaks – Scinai Immunotherapeutics Ltd. (NASDAQ: SCNI) Reports $4.8 Million Net Gain in 2024, Driven by Loan-to-Equity Conversion 

Scinai Immunotherapeutics (NASDAQ: SCNI), a biopharma company focused on inflammation and immunology treatments and CDMO services, reported a $4.8 million net gain for 2024, reversing a $6.5 million loss in 2023. The improvement was largely due to $14.8 million in financial income from a loan-to-equity conversion. The company posted $658,000 in revenue—its first ever—from its CDMO unit. R&D expenses remained steady at $5.6 million, while G&A costs dropped to $2.6 million. Cash and equivalents totaled $1.9 million at year-end.  To view the full press release, visit https://nnw.fm/1jLjx  About Scinai Immunotherapeutics Ltd.  Scinai is a biopharmaceutical company with two complementary business units. One…

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ThursdayMay 08, 2025 11:10 am

NetworkNewsBreaks – Brera Holdings PLC (NASDAQ: BREA) Signs LOI to Launch PLAY LEAP Digital Fan Platform 

Brera Holdings (NASDAQ: BREA), a global sports investment group, has signed a letter of intent with Leap Sport Digital Ltd. to introduce the PLAY LEAP fan engagement platform across its portfolio, starting with Italian Serie B club Juve Stabia. The platform will allow fans to engage in gamified challenges, vote on content, and earn rewards while enabling clubs to monetize digital interactions via sponsorships and usage-based SaaS pricing. The rollout is planned post-2024/25 season, with broader adoption expected across Brera’s global network.  To view the full press release, visit https://nnw.fm/K78Dn  About Brera Holdings PLC  Brera Holdings PLC is focused on…

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ThursdayMay 08, 2025 10:35 am

NetworkNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) to Participate in Multiple Investor Conferences Through June

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, announced that it will participate in several upcoming investor conferences. These include the Needham Technology, Media & Consumer Virtual Conference on May 9 and 12, the J.P. Morgan Global TMC Conference on May 13 in Boston, the J.P. Morgan Virtual Quantum Conference on May 20, the B. Riley Institutional Investor Conference on May 21 in Los Angeles, the Stifel 2025 Boston Cross Sector Conference on June 3-4, and the ROTH London Conference on June 24-26. Interested parties are advised to contact the respective investment banks…

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ThursdayMay 08, 2025 10:20 am

NetworkNewsBreaks – Sekur Private Data Ltd. (CSE: SKUR) (OTCQX: SWISF) (FSE: GDT0) Launches U.S. Consumer Campaign Amid Surge in Email Breaches

Sekur Private Data (CSE: SKUR) (OTCQB: SWISF) (FSE: GDT0) has initiated a marketing campaign targeting up to 1 million U.S. consumers affected by email data breaches, including a recent incident impacting 1.8 billion Gmail users. The Swiss-hosted cybersecurity company plans to extend its outreach to over 5 million businesses across financial, legal, and real estate sectors. Sekur’s secure communications suite includes encrypted email, messaging, and VPN services, with enterprise features coming soon. The company is positioned in a $14.5 billion market for secure mobile communications projected to reach $88.8 billion by 2032. To view the full press release, visit https://nnw.fm/85ouj…

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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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