Breaks Categories: News

MondayJun 24, 2024 11:38 am

NetworkNewsBreaks – Upstream Article Outlines Overview of Bitcoin, Ether ETF Market and Notes Commitment to ‘Bring ETFs to the Masses’

Upstream, a MERJ Exchange stock market and global trading app, is providing an overview of exchange-traded funds (“ETF”) in its latest article; the article also explains what the innovative app aims to do for the ETF market. The article notes that this year “has seen a surge” in launches and regulatory approvals of ETFs for cryptocurrencies, with the first-ever U.S.-listed crypto ETF approved by the U.S. Securities and Exchange Commission (“SEC”) in January. Since then, 11 applications have been approved by the SEC, and in April, Hong Kong became the first in Asia to offer retail investors the ability to trade…

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MondayJun 24, 2024 11:12 am

NetworkNewsBreaks – Mullen Automotive Inc.’s (NASDAQ: MULN) Subsidiary Secures EPA Certification for Class 4 EV Commercial Trucks

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, an electric vehicle (“EV”) manufacturer, today announced that its subsidiary, Bollinger Motors, has received its Certificate of Conformity from the Environmental Protection Agency (“EPA”) for its Class 4 B4 Chassis Cab. The certificate is another important milestone for Bollinger Motors as it moves closer to delivering initial vehicles to customers. “This is a huge step for us in becoming the leader in all-electric, commercial trucks,” said Robert Bollinger, founder and CEO of Bollinger Motors. “We are proud that the Bollinger B4 is engineered and assembled right here in Michigan with 70%…

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MondayJun 24, 2024 8:30 am

NetworkNewsBreaks – SuperCom Ltd. (NASDAQ: SPCB) Announces More than $3M in Orders from European Governments

SuperCom Ltd. (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and cybersecurity sectors, is announcing the receipt of orders from European governments. The orders, valued at over $3 million, are expected to be delivered by the end of Q3 2024. “We are pleased to continue our collaboration with European governments through our innovative public safety products and solutions. These additional orders, coming shortly after $5 million new orders received less than two months ago from European governments, underscore the excellence of our technology and the trust our clients place in SuperCom,” said Ordan Trabelsi, President and…

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MondayJun 24, 2024 8:30 am

NetworkNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Featured in The Stock2Me Podcast

D-Wave (NYSE: QBTS) is a leader in quantum computing systems, software and services focused on delivering customer value via practical quantum applications for problems within logistics, artificial intelligence, materials sciences, drug discovery, scheduling, fault detection and financial modeling. The company was featured in the latest episode of The Stock2Me Podcast. Murray Thom, vice president of quantum technology evangelism at D-Wave, joined the podcast to discuss highlights of the company’s Qubits Conference, which took place in Boston and virtually on June 17 and 18, 2024. “Qubits is the premier quantum computing event of the year. We have thousands of people who are watching online and…

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FridayJun 21, 2024 3:43 pm

NetworkNewsBreaks – Clene Inc. (NASDAQ: CLNN) Presents New Preliminary Data Demonstrating Potential of CNM-Au8(R) as Treatment for Rett Syndrome

Clene (NASDAQ: CLNN) (along with its subsidiaries, “Clene”) and its wholly owned subsidiary Clene Nanomedicine Inc., is a clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, including amyotrophic lateral sclerosis (“ALS”) and multiple sclerosis (“MS”). Clene today announced that Karen Ho, Ph.D., the company’s vice president of translational medicine, presented new, preliminary data demonstrating the potential of CNM-Au8(R) as a treatment for Rett Syndrome, a severe, rare pediatric neurologic disorder. Dr. Ho unveiled the data in oral and poster presentations on June 19 at the International Rett Syndrome Foundation 2024 Annual Meeting…

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FridayJun 21, 2024 1:42 pm

NetworkNewsBreaks – Snap Inc. (NYSE: SNAP) Innovates with AI and AR Technologies

Snap (NYSE: SNAP), the parent company behind the popular social media platform Snapchat, has recently made headlines with its innovative leap into generative artificial intelligence (“AI”) tools for augmented reality (“AR”) effects. This move is a testament to Snap’s commitment to enhancing digital interaction through AR, a technology that CEO Evan Spiegel regards as a transformative force in computing. By integrating AI into their AR capabilities, Snap aims to streamline the creative process for artists and developers, reducing the time required to create AR effects from weeks to mere hours. The financial implications of Snap’s advancements in AI and AR…

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FridayJun 21, 2024 1:37 pm

NetworkNewsBreaks – Zoomcar Holdings Inc. Closes $3.6M Private Placement of Non-Convertible Promissory Notes and Warrants

Zoomcar Holdings (NASDAQ: ZCAR), a marketplace for car sharing in emerging markets, recently announced the closing of a private placement. According to the announcement, the company closed the purchase and sale of approximately $3.6 million of promissory notes and investor warrants for expected aggregate gross proceeds of $3 million with institutional investors. The private placement consisted of the sale of senior non-convertible notes in an aggregate principal amount of $3,600,000 and warrants to purchase approximately 53 million shares of company common stock with an exercise price of $0.1416 per unit. The notes, issued at an original issue discount of approximately…

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FridayJun 21, 2024 12:45 pm

NetworkNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Further Strengthens Business Relationship with Amazon Mexico

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”),  an innovative logistics technology solutions company offering its custom-developed Fr8App, an industry-leading freight-matching platform powered by AI and machine learning that offers a real-time portal for B2B cross-border and domestic shipping within the USMCA region, is announcing the expansion of its relationship with Amazon Mexico. According to the announcement, the expanded relationship now includes U.S.-Mexico cross-border shipping, with Fr8App now providing dual logistics services for Amazon Mexico. This expansion follows the December 2023 announcement that Fr8App had been selected for the second consecutive year to help manage the logistics needs of Amazon’s high-demand season within…

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FridayJun 21, 2024 11:51 am

NetworkNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Partners with Davidson Technologies to Place Second Advantage™ Quantum Computer in the United States, and Reports Results of New Study

  D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the world’s first commercial supplier of quantum computers, has announced the planned placement of the second U.S.-based D-Wave Advantage quantum computer. According to the announcement, the D-Wave Advantage system will be located at Davidson Technologies’ new global headquarters in Huntsville, Alabama and could be the first in the United States that is certified for sensitive applications using annealing quantum computing. It is anticipated that the system could advance quantum’s role in national security and support the critical mission of defending the United States…

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FridayJun 21, 2024 11:06 am

NetworkNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Releases Report on Fox Complex, Notes Update on Production and Preconstruction Activities

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, is reporting on the progress at the Fox Complex, where McEwen is advancing a new mine on the Stock Property. According to the announcement, production is expected to start in the second half of 2025, with pre-construction activities of the stock portal already begun. The company noted that current activities will allow access to mining of the West, Main and East gold zones. “In addition, the portal will provide cost-effective underground drill platforms to enable testing for expected depth extensions of…

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