NetworkNewsBreaks

ThursdayMay 29, 2025 2:12 pm

NetworkNewsBreaks – Match Group Inc. (NASDAQ: MTCH) Gains Momentum Amid Strategic Shifts and Analyst Optimism

Match Group (NASDAQ: MTCH) the parent company of popular dating platforms like Tinder and Hinge, is experiencing renewed investor interest following strategic realignments and positive analyst assessments. Despite a 3% year-over-year decline in total revenue for Q1 2025, the company reported an 18% earnings per share (EPS) beat, signaling improved operational efficiency. Analysts have adjusted their EPS estimates upward to $3.38 for the current year, reflecting a 13% increase from previous forecasts. The stock's strong performance is further supported by a Zacks Rank of #1 (Strong Buy), indicating robust momentum and potential for continued growth.   As of May 29, 2025,…

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ThursdayMay 29, 2025 2:10 pm

NetworkNewsBreaks – Tesla Inc. (NASDAQ: TSLA) Urges Senate to Preserve Clean Energy Tax Credits Amid Legislative Threats

Tesla (NASDAQ: TSLA) is actively lobbying the U.S. Senate to retain key clean energy tax credits that are under threat from a House-passed reconciliation bill. The proposed legislation aims to roll back significant portions of the Inflation Reduction Act, including the 30% tax credits for residential solar installations and clean energy projects, which are currently set to expire in 2032. Tesla's energy division, which reported a 67% year-over-year revenue increase to $2.7 billion in Q1 2025, heavily relies on these incentives. The company warns that abrupt termination of these credits could jeopardize America's energy independence and hinder the deployment of…

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ThursdayMay 29, 2025 2:05 pm

NetworkNewsBreaks – Sprout Social Inc. (NASDAQ: SPT) Maintains ‘Buy’ Rating Amidst Analyst Confidence and Strategic Growth

Sprout Social (NASDAQ: SPT) a leading provider of cloud-based social media management solutions, has received a reiterated "Buy" rating from Needham analyst Scott Berg, with a maintained price target of $32.00. This endorsement follows a recent customer call featuring Caesars Entertainment, highlighting Sprout's value proposition in managing complex brand portfolios through its advanced platform. Despite a 32% decline in stock value over the past six months, the company's robust Q1 2025 performance, including a 13% year-over-year revenue increase to $109.3 million and a record non-GAAP operating margin of 11.5%, underscores its resilience and growth potential.  As of May 29, 2025,…

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ThursdayMay 29, 2025 2:00 pm

NetworkNewsBreaks – NVIDIA Corp. (NASDAQ: NVDA) Climbs Despite Cautious Forecast, Driven by AI Demand and Investor Confidence

NVIDIA (NASDAQ: NVDA) is experiencing a stock surge, rising 5.3% on Thursday, even after issuing a cautious forecast for fiscal 2026. The company reported impressive revenue growth of 126% in fiscal 2024 and 114% in fiscal 2025, underscoring the robust demand for its AI and data center products. Analysts attribute the stock's resilience to Nvidia's pivotal role in the AI sector, with ongoing investments in data centers and AI infrastructure fueling optimism. Despite the tempered outlook, investors remain bullish on Nvidia's long-term growth prospects in the evolving tech landscape. As of May 29, 2025, Nvidia's stock is trading at $140.04,…

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ThursdayMay 29, 2025 1:50 pm

NetworkNewsBreaks – Snap Inc. (NYSE: SNAP) Faces Market Headwinds Amid Strategic Shifts in Social Media Landscape

Snap (NYSE: SNAP) the parent company of Snapchat, is navigating a complex digital environment characterized by evolving user behaviors and intensified competition. The company reported a 9% year-over-year increase in daily active users, reaching 460 million in Q1 2025. Despite this growth, Snap's market capitalization stands at $14 billion, with a current stock price of $8.38, suggesting potential undervaluation. Analysts highlight both opportunities and challenges as Snap endeavors to enhance its advertising strategies and product offerings to sustain growth and profitability. As of May 29, 2025, Snap Inc.'s stock is trading at $8.33, reflecting a slight decrease of $0.015 (0.18%)…

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ThursdayMay 29, 2025 1:24 pm

NetworkNewsBreaks – Roth Canada Advises Tiny Ltd. (TSX.V: TINY) on US$66M Acquisition of Serato and Co-Leads C$56.1M in Financing

Roth Canada is pleased to announce its role as exclusive financial advisor to Tiny Ltd. (TSX.V: TINY) on the acquisition of a 66% interest in Serato Audio Research, a leading global audio software company. The transaction, valued at US$66 million plus contingent consideration, consisted of US$23.6 million in Tiny common shares and US$42.4 million in cash, implying a valuation of 3.2x annualized revenue and 9.6x adjusted EBITDA based on the nine months ended Sept. 30, 2024.  In conjunction with the acquisition, Roth Canada also acted as co-lead underwriter on a C$20 million bought deal public offering of 17.4 million subscription…

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ThursdayMay 29, 2025 11:38 am

NetworkNewsBreaks – Brera Holdings PLC (NASDAQ: BREA) Partners with Toronto Blizzard to Launch Global Youth Soccer Development Program 

Brera Holdings (NASDAQ: BREA) announced a new advisory agreement with Toronto Blizzard Corp., Canada’s top soccer scholarship program, to launch an international grassroots development initiative for boys and girls. The program will integrate Blizzard’s academy system with Brera’s professional club network across Europe, Asia, and Africa—including Serie B’s SS Juve Stabia and North Macedonia’s Brera Strumica FC and Brera Tiverija FC—to create global pathways to the professional ranks for youth players. Soccer Hall of Famer and Blizzard owner Giuseppe “Joe” Parolini will serve as Brera’s Academy Sports Director, North America, as both organizations prepare for talent camps and international exchanges…

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ThursdayMay 29, 2025 11:29 am

NetworkNewsBreaks – Vivakor, Inc. (NASDAQ: VIVK) Reports 133% Revenue Growth and Record Asset Utilization in Q1 2025 

Vivakor (NASDAQ: VIVK) reported financial results for the first quarter of 2025, highlighted by a 133% year-over-year revenue increase to $37.3 million and a 345% jump in gross profit to $4.8 million, driven largely by contributions from its recently acquired Endeavor Entities. Despite a net loss of $7.5 million due to $8.2 million in non-cash expenses, the company posted positive adjusted EBITDA of $319,000 and maintains strong momentum in its core logistics and terminaling businesses. CEO James Ballengee noted that 2025 is shaping up to be a record year as contracted assets reach peak revenue levels and expansion plans are…

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ThursdayMay 29, 2025 11:08 am

NetworkNewsBreaks – Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) Breaks Ground on Rare Earth Refining Facility in Louisiana

Ucore Rare Metals (TSXV: UCU) (OTCQX: UURAF) announced it will host a ground-breaking ceremony on May 29 for its Louisiana Strategic Metals Complex, the company’s first commercial rare earth element refining facility, located at England Airpark in Alexandria. The 80,800-square-foot site, secured under a long-term lease, will use Ucore’s RapidSX(TM) technology to produce high-purity rare earth oxides critical for electric vehicles, wind turbines and national defense applications. Supported by a US$18.4 million U.S. Department of Defense grant and a US$15+ million Louisiana incentive package, the project marks a key milestone in developing a secure domestic rare earth supply chain.  To…

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ThursdayMay 29, 2025 10:33 am

NetworkNewsBreaks – NANO Nuclear Energy Inc. (NASDAQ: NNE) Announces $105 Million Private Placement to Fuel Reactor Development 

NANO Nuclear Energy (NASDAQ: NNE), has entered into a definitive securities purchase agreement with institutional investors for a private placement totaling $105 million, involving the sale of 3,888,889 shares of common stock at $27.00 per share. The financing includes participation from several prominent institutions, including a leading long-only mutual fund and a global investment manager. Expected to close on or about May 28, the offering would raise NANO Nuclear’s cash position to over $200 million, which the company plans to use to advance its micro nuclear reactor programs, support related energy ventures, pursue acquisitions, and drive toward initial revenue.  To…

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