Breaks Categories: News

FridayAug 09, 2024 2:07 pm

NetworkNewsBreaks – FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A) Reports on Status of New Product, Investment in Celly Nutrition Corp.

FSD Pharma (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A), a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions, is providing a status report on its investment in Celly Nutrition Corp. A privately held Canadian company, Celly Nu is launching an innovative beverage product designed to assist in expediting alcohol metabolism and faster recovery from alcohol consumption. According to the update, Celly Nu has announced the imminent launch of its revolutionary, great-tasting, scientifically backed product, unbuzzd(TM). The product will be available in 3-pack or 18-pack options, and the compact packages can easily be carried in a pocket…

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FridayAug 09, 2024 2:00 pm

NetworkNewsBreaks – Expion360 Inc. (NASDAQ: XPON) Closes on Underwritten Public Offering Estimated at $10M Value

Expion360 (NASDAQ: XPON), a lithium-ion battery power storage solutions company, has closed on a firm commitment underwritten public offering. According to the announcement, the offering is estimated to result in $10 million gross proceeds before standard deductions. The offering is comprised of 50,000,000 common units or prefunded units, with each unit consisting of one share of XPON common stock or one prefunded warrant to purchase one share of common stock, two Series A warrants each to purchase one share of common stock, and one Series B warrant to purchase such number of shares of common stock as determined in the…

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FridayAug 09, 2024 1:57 pm

NetworkNewsBreaks – Alphabet Inc. (NASDAQ: GOOGL) Faces Antitrust Scrutiny Amid Market Dominance

Alphabet (NASDAQ: GOOGL, GOOG), the parent company of Google, is currently facing a challenging period, with antitrust scrutiny at the forefront of its concerns. Despite the complexities surrounding the antitrust ruling, experts from Barron’s suggest that Google’s market dominance is unlikely to be significantly impacted by the label of being a monopolist. However, it’s important to note that other risks loom large, potentially threatening the tech giant’s position. The recent performance of Alphabet Inc.’s stock reflects the company’s current challenges and investor sentiment. With a closing price of $159.89, down $2.15 or -1.32%, the market is reacting to the ongoing developments. The stock’s movement…

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FridayAug 09, 2024 1:46 pm

NetworkNewsBreaks – SenesTech Inc. (NASDAQ: SNES) Releases Q2 2024 Financial, Corporate Report

SenesTech (NASDAQ: SNES), the leader in fertility control to manage animal-pest populations and the only manufacturer of commercially available, EPA-registered Rat Birth Control(R), is reporting on its second-quarter 2024 financial results. According to the report, the company saw record revenue of $874,000 in the first half of 2024, a 62% increase when compared to the first half of 2023, as well as improvement in margin percentages. In addition, the report noted key performance indicators, such as SenesTech’s Evolve(TM) product line, which was launched this year, becoming the company's biggest-selling product line, contributing some 60% revenue this year’s numbers. The report also…

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FridayAug 09, 2024 1:25 pm

NetworkNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Comments on Argentine Legislation, Mining Transaction and Los Azules Infill Drilling

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, is sharing updates regarding the current mining situation in Argentina. Calling the situation “exciting,” MUX noted that Argentine president Javier Milei had introduced new legislation encouraging large domestic and foreign investments in the country. The company observed that it is excited about the legislation because it opens the door for many infrastructure investments in the country and has potential to significantly improve the economics of the Los Azules project while lowering risks for investors. The company also noted that the world’s…

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ThursdayAug 08, 2024 3:53 pm

NetworkNewsBreaks – PayPal Holdings Inc. (NASDAQ: PYPL) Launches Fastlane to Enhance E-Commerce Checkout Experience

PayPal Holdings (NASDAQ: PYPL) is making significant strides in the e-commerce sector with the launch of Fastlane, a service aimed at enhancing the online shopping experience. As a leading entity in digital payments, PayPal’s introduction of Fastlane underscores its commitment to streamlining the checkout process for businesses and consumers alike. This move comes at a crucial time, just before the holiday shopping season, positioning PayPal to capitalize on the increased online shopping activity. Fastlane is designed to address a critical consumer demand for quicker and more convenient checkout processes. Research by Capterra reveals a clear consumer preference for online guest checkout,…

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ThursdayAug 08, 2024 3:36 pm

NetworkNewsBreaks – Mullen Automotive Inc.’s (NASDAQ: MULN) Boston Area Dealer Plans Expansion to Meet Demand, Makes New Order

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that its Boston area dealer, Eco Auto, a dedicated EV dealer, intends to expand to cover national fleet opportunities in Pennsylvania, Connecticut, Rhode Island, New Hampshire, Maine and Vermont. The expansion aims to meet the growing demand for commercial EVs and support Mullen’s full line of commercial EVs in these regions. Eco Auto’s expansion includes the purchase of 180 EVs (130 Mullen Class 1 EV cargo vans and 50 Class 3 EV trucks) over the next 18 months. The order is valued at an estimated $7.7 million, with…

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ThursdayAug 08, 2024 3:25 pm

NetworkNewsBreaks – Authentic Holdings Inc. (OTC: AHRO) Subsidiary Inks Global Licensing Agreement with Leading Provider of Smart-Home Solutions, Services

Authentic Holdings’ (OTC: AHRO), a vertically and horizontally integrated media and merchandising company, and its subsidiary, Maybacks Global Entertainment, have signed a license and partnership agreement with ZEASN Technology Private Limited. According to the announcement, the agreement provides Maybacks with “a massive footprint” to market its iDreamCTV SMART TV APP. The agreement outlines plans for Maybacks Global Entertainment to partner with ZEASN subsidiary Whale Echo, the world's leading provider of smart-home solutions and services. Whale Echo has more than 180 million users of its products worldwide. The two entities are finalizing the design of a banner ad that will appear throughout the…

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ThursdayAug 08, 2024 1:57 pm

NetworkNewsBreaks – Annovis Bio Inc. (NYSE: ANVS) Reports on ‘Synergistic Effect’ of Lead Compound Plus GLP-1 in AD Treatment Model

Annovis Bio (NYSE: ANVS), a late-stage, clinical-drug platform company pioneering transformative therapies for neurodegenerative disorders such as Alzheimer’s disease (“AD”) and Parkinson’s disease (“PD”), is reporting new preclinical data regarding buntanetap, its lead compound. According to the report, the date demonstrates the synergistic effect of buntanetap when combined with the glucagon-like peptide 1 (“GLP-1”) agonist dulaglutide (Trulicity[R]) in a mouse model of Alzheimer’s disease. The announcement noted that the Alzheimer’s Disease Diagnostics and Therapeutics Market size is projected to reach $7.7 billion this year and grow to $10.1 billion by 2029. Major factors contributing to that growth include the increasing use…

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ThursdayAug 08, 2024 1:30 pm

NetworkNewsBreaks – Clene Inc. (NASDAQ: CLNN) CEO Spotlighted in Recent BioMedWire Podcast Episode

Clene (NASDAQ: CLNN), a late clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, was featured in the latest episode of the BioMedWire Podcast, which is part of a sustained effort by IBN (Investor Brand Network) to provide specialized content distribution via widespread syndication channels. During the episode, Clene CEO and president Rob Etherington talks with IBN’s Carmel Fisher about the company’s mission, including its novel approach to the treatment of diseases such as amyotrophic lateral sclerosis (“ALS”) and multiple sclerosis (“MS”). “Clene Inc. is focused entirely on improving mitochondrial health and protecting…

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