NetworkNewsBreaks Archive - Page 192 of 2092

ThursdayFeb 20, 2025 11:25 am

NetworkNewsBreaks – Tesla Inc. (NASDAQ: TSLA) Stock Surges as Musk Envisions $2 Trillion Valuation

Tesla (NASDAQ: TSLA) has experienced a notable stock surge following CEO Elon Musk's ambitious projection of the company's market valuation reaching $2 trillion. This optimistic outlook is bolstered by Tesla's advancements in autonomous driving technology and energy solutions, positioning the company for significant growth in the coming years. As of 9:45 a.m. EST on February 20, 2025, Tesla's stock is trading at $353.82, with an intraday high of $364.05 and a low of $353.80. To view the full article, visit https://nnw.fm/hPkmB About Tesla Inc. Tesla's mission is to accelerate the world's transition to sustainable energy. Today, Tesla builds not only…

ThursdayFeb 20, 2025 9:45 am

NetworkNewsBreaks – FAVO Capital Inc. (FAVO) to Attend 14th Annual Global Fund Finance Symposium

FAVO Capital (OTC: FAVO), a provider of alternative financing solutions for small and mid-sized businesses, announced its participation in the 14th Annual Global Fund Finance Symposium, set for Feb. 24-25, 2025, in Miami. The event, hosted by the Fund Finance Association, will bring together industry leaders to discuss capital markets trends, fund structuring, and regulatory developments. FAVO Capital executives, including President Shaun Quin and Chief Strategy Officer Glen Steward, will engage with key stakeholders to explore strategic partnerships and emerging financial strategies. To view the full press release, visit https://nnw.fm/63ux8 About FAVO Capital Inc. FAVO Capital is a fast-growing alternative finance…

ThursdayFeb 20, 2025 9:35 am

NetworkNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Reports High-Grade Tin Intersections at Iska Iska Project

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) announced additional assay results from its definition diamond drilling program at the Santa Barbara starter pit area within the Iska Iska silver-tin polymetallic project in Bolivia. Notably, Hole DSB-74 intersected 49.5 meters of high-grade tin at 0.55% Sn within a broader 91.5-meter zone grading 0.34% Sn. The mineralization, hosted within an extensive intrusion breccia, is believed to be linked to a deeper tin porphyry system. CEO Tom Larsen highlighted the continuity of coarse-grained cassiterite mineralization and its potential impact on project economics in the upcoming PEA. To view the full press release,…

ThursdayFeb 20, 2025 8:30 am

NetworkNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) Highlights 2025 Outlook at Virtual Investor Conference

CNS Pharmaceuticals (NASDAQ: CNSP) announced its participation in the Virtual Investor Top 5 for ‘25 On-Demand Conference, where CEO John Climaco outlined five key reasons for investors and industry peers to follow the company in 2025. The presentation focused on CNS Pharmaceuticals’ advancements in developing treatments for primary and metastatic brain and central nervous system cancers, emphasizing its strategic initiatives and clinical progress for the year ahead. To view the full press release, visit https://nnw.fm/vyvG0 About CNS Pharmaceuticals Inc. CNS Pharmaceuticals is a clinical-stage pharmaceutical company developing a pipeline of anti-cancer drug candidates for the treatment of primary and metastatic…

WednesdayFeb 19, 2025 3:01 pm

NetworkNewsBreaks – Digital Ally Inc. (NASDAQ: DGLY) Secures $15M in Underwritten Public Offering

Digital Ally (NASDAQ: DGLY), which develops, manufactures and markets advanced video recording products and other critical safety products for a growing variety of industries and organizational functions, has announced the closing of its firm commitment underwritten public offering. The company secured approximately $15.0 million in gross proceeds from the offering, which closed on Feb. 14, 2025. As detailed in the announcement, Digital Ally granted Aegis Capital Corp. a 45-day option to purchase additional shares of common stock and/or warrants to cover over-allotments, if any. Aegis acted as the sole book-running manager for the offering. Sullivan & Worcester LLP acted as…

WednesdayFeb 19, 2025 2:20 pm

NetworkNewsBreaks – Vstock Transfer to Sponsor Centri Capital Conference, Which Is Set to Showcase Market Trends, Strategies

Vstock Transfer, a leading SEC-registered stock transfer agent serving public companies, IPOs, SPACs, and the broader capital markets, has announced its sponsorship of the Centri Capital Conference that is slated to take place at Nasdaq in New York City on April 22, 2025. The event will draw influential leaders from investment banking, institutional investing and corporate finance to explore the evolving landscape of capital markets. Set to take the stage at one the world’s most recognized financial hubs, the conference provides key stakeholders a forum to discuss market trends, regulatory developments and growth strategies for public and private companies. “At…

WednesdayFeb 19, 2025 11:59 am

NetworkNewsBreaks – Snap Inc. (NYSE: SNAP) Issues $1.5 Billion in Senior Notes Due 2033

Snap (NYSE: SNAP) has announced the pricing of $1.5 billion in aggregate principal amount of 6.875% senior notes set to mature on March 1, 2033. The company plans to utilize approximately $1.445 billion of the net proceeds to repurchase outstanding convertible senior notes due between 2026 and 2028, with the remaining funds allocated for general corporate purposes. Additionally, Snap has amended its existing revolving credit facility, extending $800 million of the facility to February 12, 2030, while $250 million will mature on May 6, 2027. As of 10:02 AM EST on February 19, 2025, Snap's stock is trading at $10.81,…

WednesdayFeb 19, 2025 11:37 am

NetworkNewsBreaks – Microsoft Corp. (NASDAQ: MSFT) Remains Key Holding as Bill Gates Adds McDonald’s (NYSE:MCD) and Mexico Fund (NYSE:MXF) in Q4

Microsoft (NASDAQ: MSFT) remains a cornerstone of Bill Gates’ investment portfolio, as the Bill & Melinda Gates Foundation Trust continued to hold a substantial stake in the tech giant during the fourth quarter of 2024. Alongside Microsoft, the trust added two new positions: 335,000 shares of McDonald's Corporation (NYSE:MCD), valued at approximately $97 million, and 735,000 shares of the Mexico Fund (NYSE:MXF), a closed-end fund focused on Mexican equities, worth around $10.2 million. The purchase of the Mexico Fund marks Gates’ re-entry into the stock after selling a previous position two years ago. As of Feb. 19, Microsoft is trading…

WednesdayFeb 19, 2025 11:35 am

NetworkNewsBreaks – Meta Platforms Inc. (NASDAQ: META) Ends 20-Day Winning Streak Amidst AI Investment Surge

Meta Platforms (NASDAQ: META) concluded a remarkable 20-day winning streak, with shares closing 2.8% lower at $716.37 on Tuesday. This dip follows the company's announcement of plans to invest between $60 billion and $65 billion in artificial intelligence infrastructure for 2025, surpassing analysts' expectations. Despite the increased spending, Meta's stock has risen approximately 22% since the start of the year, driven by strong earnings and resilience against external challenges. As of 9:28 AM EST on February 19, 2025, Meta's stock is trading at $716.37, reflecting a decrease of $20.34 (2.76%) from the previous close. Today's trading range has been between…

WednesdayFeb 19, 2025 11:26 am

NetworkNewsBreaks – Broadcom Inc. (NASDAQ: AVGO) Reportedly Considering Acquisition of Intel (NASDAQ: INTC) Assets

Broadcom (NASDAQ: AVGO), is reportedly evaluating a potential acquisition of Intel Corp.’s (NASDAQ: INTC) chip-design division, as part of a broader restructuring effort within the semiconductor industry. According to reports, Taiwan Semiconductor Manufacturing Company (TSMC) is also considering acquiring Intel’s chip-manufacturing segment. The speculation has led to a historic five-day rally in Intel's stock, which has surged 16.1%. Broadcom's interest in Intel's assets aligns with its strategy to expand its influence in semiconductor design and strengthen its position in high-performance computing and AI-driven technologies. As of 7:44 AM EST on Feb. 19, 2025, Broadcom shares are trading at $1,186.72, reflecting…

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