NetworkNewsBreaks

FridaySep 04, 2020 2:13 pm

NetworkNewsBreaks – Instagram Unveils New TikTok Rival: Instagram Reels

Facebook Inc. (NASDAQ: FB) owned Instagram recently unveiled its latest offering, Instagram Reels, as a direct competitor to TikTok. The report, written by LikeFolio Founder Andy Swan, reads, “Although only 9% of U.S. internet users have used TikTok, President Trump’s executive order banning the app brought panic to TikTok's loyal fanbase. Insert: Instagram. The FB-owned app launched its own version of TikTok called Instagram Reels in early August. With similar features and user experiences, Instagram Reels stepped into the market right after Facebook announced +11% YoY earnings. With huge inborn parent traffic and perfect timing for product launch, investors wondered,…

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FridaySep 04, 2020 1:48 pm

NetworkNewsBreaks – Ulta Beauty, Inc. (NASDAQ: ULTA) Featured in Analysis Report

Ulta Beauty (NASDAQ: ULTA) was featured in an analysis report that detailed the company’s standing ahead of its recently released financial results for the second quarter and first half of 2020. The report, written by LikeFolio Founder Andy Swan, reads, “Mentions of consumers shopping at or with Ulta (in stores or online) fell 30% in the last 30 days vs. prior year. Around 80% of Ulta's revenue is derived from in-store shopping...and company-wide store closures for much of the quarter negatively impacted consumer purchasing behavior. However, Ulta's previous positioning toward skincare (vs. cosmetics) is a strategic long-term play. Last quarter,…

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FridaySep 04, 2020 1:18 pm

NetworkNewsBreaks – Dollar General Corp. (NYSE: DG) and Dollar Tree, Inc. (NASDAQ: DLTR) Featured in Analysis Report

Dollar General (NYSE: DG) and Dollar Tree (NASDAQ: DLTR) were featured in a recent analysis report discussing the increase in consumer demand for discount retailers during the quarantine. The report, written by LikeFolio Founder Andy Swan, reads, “Purchase Intent surged more than 100% for discount retailers Dollar Tree (DLTR) and Dollar General (DG) in 20Q1, and both companies beat earnings expectations handily. This quarter, the demand dust is settling. Check out the Purchase Intent and Consumer Happiness breakdown on the chart below. Consumer demand is stronger for Dollar General, boosted by its rural presence and focus on grocery, household products…

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FridaySep 04, 2020 1:04 pm

NetworkNewsBreaks – ISW Holdings Inc. (ISWH) and Bit5ive Leverage Powerful Crypto-Mining Capabilities

ISW Holdings (OTC: ISWH), a global, diversified brand-management portfolio company, together with its joint venture (“JV”) partner Bit5ive LLC, are building leading-edge, turnkey solutions for the crypto-mining sector. The partners recently announced finalization of the new Proceso S19 Pod5ive Data Center design, built with 1MW of computing mining power. Bit5ive targeted first deployments, beginning in August, with initial pod deliveries to the company’s 100-MW renewable energy project in Pennsylvania. A recent article discussing design of the Proceso S19 quotes Alonzo Pierce, president of ISWH, who stated, “The S19 Pod5ive Data Center has been engineered from the ground up to deliver…

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FridaySep 04, 2020 12:55 pm

NetworkNewsBreaks – Wrap Technologies Inc. (NASDAQ: WRTC) to Present at Invitation-Only Gateway Conference

Wrap Technologies (NASDAQ: WRTC), an innovator of modern policing solutions, today announced that it has been invited to present at the upcoming Gateway Conference, which is being held virtually on September 9-10, 2020. The ninth annual, invitation-only event is presented by Gateway Investor Relations, a full-service financial communications firm, and designed to bring together the most compelling companies with the nation's top institutional investors and analysts. Wrap Technologies' management is scheduled to present at 9:30 a.m. Pacific Time on Wednesday, September 9, with one-on-one meetings to be held throughout the conference. Interested parties may access the live webcast as well…

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FridaySep 04, 2020 12:34 pm

NetworkNewsBreaks – Typhoon Exploration Inc. (TSX.V: TYP) to Commence New Drill Program at Aiguebelle-Goldfields

Typhoon Exploration (TSX.V: TYP) on Wednesday announced that it will launch new exploration works on its now solely owned Aiguebelle-Goldfields (“Fay West”) Property. According to the update, the main drilled gold occurrence on Typhoon's ground is located approximately 200 meters westward from the Fayolle Property, for which Monarch Gold Corporation (TSX: MQR) recently released preliminary drill results of 3.33 grams per tonne over 109 metres. "We are very pleased to follow up in this Gold Bull Market with the land package that Typhoon has maintained. We, at Typhoon, feel that the strategy of Typhoon's geographical location picks has been on…

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FridaySep 04, 2020 12:22 pm

NetworkNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Leading Charge for Domestic Uranium

Energy Fuels (NYSE American: UUUU) (TSX: EFR) is the largest producer of uranium in the United States. As demand increases for clean power, all eyes are on nuclear, which produces zero carbon emissions and zero air pollution in the process – called fusion – of splitting uranium atoms to produce energy. The growing demand for clean energy positions Energy Fuels for opportunity as the producer of over one-third of all uranium for the United States, a nation that consumes a whopping 55 million pounds of this commodity each year yet produces only 1% of its needs (http://nnw.fm/GXbzG). A recent article…

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FridaySep 04, 2020 12:17 pm

NetworkNewsBreaks – Net Element, Inc.’s (NASDAQ: NETE) Pending Merger Partner Brings Stiff Competition for Tesla Inc. (NASDAQ: TSLA)

Net Element’s (NASDAQ: NETE) pending merger partner, Mullen Technologies, an emerging electric vehicle ("EV") manufacturer and technology company, was featured in a recent CarBuzz article. The piece titled, “New Tesla Model Y Rival Has Over 600 Miles Of Range,” describes competition Tesla's (NASDAQ: TSLA) Model Y will face from electric crossovers including Fisker Inc.'s (NYSE: SPAQ) Fisker Ocean, the Mercedes EQA and, specifically, the range capabilities of new competitor, the Mullen MX-05. The article reads, “Powering the Mullen MX-05 . . . will be a 150-kWh solid-state battery developed by China-based engineering firm Linghang BOAO. . . . Based on…

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FridaySep 04, 2020 11:35 am

NetworkNewsBreaks – Centrus Energy Corp. (NYSE American: LEU) Secures $23.5M in Underwritten Public Offering

Centrus Energy (NYSE American: LEU) has secured approximately $23.5 million in gross proceeds in the closing of an underwritten public offering of 2,350,000 shares of its Class A Common Stock, each sold at the public offering price of $10.00. In addition, the company has granted the underwriters a 30-day option to purchase up to an additional 352,500 shares of Class A Common Stock at the public offering price. Centrus intends to use the proceeds for general working capital, investment in technology development and to repay outstanding debt or retire shares of its Series B Senior Preferred Stock. Roth Capital Partners…

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FridaySep 04, 2020 11:10 am

NetworkNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Now in ‘Full Commercialization Mode’ with Accelerated US Expansion

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA), together with its U.S. leasing division, MUSA Auto Finance LLC, are accelerating expansion across the United States with Arizona- and Oklahoma-based dealerships and drivers now able to use MUSA’s groundbreaking digital-transaction platform. According to the update, the expansion to Arizona and Oklahoma, with a population of almost seven million, adds to MUSA’s existing availability to the 90 million residents of California, Texas and Florida. As a result, almost 100 million Americans can now access MUSA to lease and finance a car from their smart phones and other digital devices, with lease approvals…

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