NetworkNewsBreaks

WednesdayApr 09, 2025 9:00 am

NetworkNewsBreaks – Hyperscale Data Inc. (NYSE American: GPUS) Issues Update on Achievements in Bitcoin Mining Space 

Hyperscale Data (NYSE American: GPUS), a diversified holding company, recently announced that its wholly owned subsidiary Sentinum Inc. mined approximately 56 Bitcoin from Jan. 1, 2025, to March 31, 2025. Since March of 2021, Sentinum has mined approximately 3,061 Bitcoin.  “The company is proud of the Sentinum team and the efficiency with which the mining operations are run. We believe it is important to update stockholders on our current and historical Bitcoin mining operations and of Sentinum’s accomplishments in the Bitcoin mining space,” said Hyperscale Data CEO William B. Horne. “The company has previously noted its intentions to relocate the…

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WednesdayApr 09, 2025 8:30 am

NetworkNewsBreaks – Nightfood Holdings Inc. (OTCQB: NGTF) Signs LOI to Acquire Victorville Hotel as Flagship AI-Powered Property

Nightfood Holdings (OTCQB: NGTF), a rising player in AI-driven hospitality solutions, has signed a letter of intent to acquire the assets of Victorville Treasure Holdings, LLC, owner of a 155-room Holiday Inn® in Victorville, California. The hotel is undergoing a major renovation for conversion into a Courtyard by Marriott® and is already using Skytech robotics to improve profitability. Valued at $41 million, the deal will be structured through a $31 million stock exchange and a $5 million performance-based earnout. Nightfood plans to use the site as a flagship model for its Robotics-as-a-Service platform and smart-hospitality strategy. To view the full…

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TuesdayApr 08, 2025 3:53 pm

NetworkNewsBreaks – NVIDIA Corp. (NASDAQ: NVDA) Rallies as Semiconductor Stocks Rebound on Tariff Optimism 

NVIDIA (NASDAQ: NVDA) led a broad rebound in semiconductor and technology stocks Tuesday as investor sentiment improved on signs that the U.S. may ease certain tariffs amid trade negotiations with China. The potential policy shift lifted shares across the chipmaking sector, including Nvidia, which is seen as a bellwether for AI and high-performance computing demand. Market watchers pointed to renewed buying interest following last week's pullback, as optimism around global trade and AI adoption continues to buoy valuations.  Nvidia shares are currently trading at $898.66, up 4.9% in early afternoon trading, with renewed momentum helping the stock approach its recent…

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TuesdayApr 08, 2025 3:48 pm

NetworkNewsBreaks – Tesla Inc. (NASDAQ: TSLA) Slides as Tariff Pressures Mount and Leadership Concerns Grow 

Tesla (NASDAQ: TSLA) is facing renewed headwinds as its stock declines in response to escalating tariff impacts and growing concerns around CEO Elon Musk’s leadership. The U.S. electric vehicle maker is grappling with weakening demand in China and Europe, where trade tensions have introduced fresh tariffs that could hurt margins. Meanwhile, Musk’s increasingly controversial public behavior and distractions from Tesla operations are prompting some investors to question the company’s strategic focus. These compounding issues are dampening sentiment despite Tesla’s long-term EV and energy ambitions. Tesla shares are currently trading at $161.48, down more than 2% as pressure mounts on the…

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TuesdayApr 08, 2025 3:40 pm

NetworkNewsBreaks – Snap Inc. (NYSE: SNAP) Lags Behind Social Media Peers Despite Broader Market Gains 

Snap (NYSE: SNAP) underperformed its competitors on Monday, closing the trading session with a 0.36% decline while major indexes and rival social media stocks saw modest gains. Despite broader strength in the communications and tech sectors, Snap’s stock continues to struggle amid ongoing questions about user growth, advertising revenue, and competition from platforms like Meta and TikTok. The company remains under pressure to prove the effectiveness of its platform for advertisers while navigating shifting privacy regulations.  Snap shares are currently trading at $11.18, down slightly from the previous close and continuing to trend below key moving averages.  To view the…

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TuesdayApr 08, 2025 2:50 pm

NetworkNewsBreaks – Perfect Moment Ltd. (NYSE American: PMNT) Secures $6.4M in Private Placement

Perfect Moment (NYSE American: PMNT), the high-performance luxury skiwear and lifestyle brand, recently closed a private placement financing of approximately $6.4 million of its newly created 12% Series AA Convertible Preferred Stock. As detailed in the announcement, participants in the offering include Max Gottschalk, co-founder and chairman of Perfect Moment, as well as institutional investors and Kahala19, LLC. Perfect Moment intends to use the net proceeds from the offering to support strategic growth initiatives, working capital, and general corporate purposes. ThinkEquity LLC acted as placement agent in connection with the private placement. Manatt, Phelps & Phillips, LLP represented the company,…

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TuesdayApr 08, 2025 1:40 pm

NetworkNewsBreaks – Apple Inc. (NASDAQ: AAPL) Valuation Signals Buying Opportunity, BofA Says

Apple (NASDAQ: AAPL) may be poised for strong gains based on historical trends, according to analysts at Bank of America who note the stock is trading at its cheapest levels in over a year. The firm points to Apple’s current price-to-earnings ratio as a key signal, suggesting that previous dips to similar valuation levels have often preceded significant rallies. With investor focus shifting toward AI features in upcoming iPhones and potential services growth, Apple’s discounted valuation is drawing renewed interest from institutional buyers. Apple shares are currently trading at $167.12, up 0.8% as investors respond to the optimistic outlook and…

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TuesdayApr 08, 2025 1:30 pm

NetworkNewsBreaks – Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) Shows Technical Strength With Breakout Past Key Resistance

Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) is displaying bullish momentum as it breaks out above a 153.78 buy point from a flat base, signaling renewed investor confidence in the tech giant. The move comes after a period of consolidation and is supported by healthy trading volume. Alphabet, the parent of Google, has also recently crossed its 50-day moving average, a key technical indicator watched by traders. With its artificial intelligence initiatives gaining traction and solid earnings growth, the stock appears well-positioned heading into the second quarter. Alphabet shares are currently trading around $157.89, up 0.4% on the day and maintaining a…

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TuesdayApr 08, 2025 1:20 pm

NetworkNewsBreaks – Meta Platforms Inc. (NASDAQ: META) Defends Integrity of LLaMA 4 Benchmark Scores Amid AI Scrutiny

Meta Platforms (NASDAQ: META) is pushing back against allegations that it artificially inflated benchmark scores for its upcoming LLaMA 4 large language model, following criticism from the AI research community. During a presentation at an AI conference in Paris, Meta’s VP of AI, Joelle Pineau, firmly denied any manipulation, emphasizing the company’s commitment to transparency and reproducibility. The controversy comes as Meta competes with OpenAI and Google in the race to dominate generative AI, and ahead of LLaMA 4’s expected open release this summer. Meta shares are currently trading at $509.02, up 1.3% on the day as investors appear unshaken…

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TuesdayApr 08, 2025 1:05 pm

NetworkNewsBreaks – Authentic Holdings Inc. (AHRO) Announces Strategic Collaboration to Expand Global Reach of iDreamCTV 

Authentic Holdings (OTC: AHRO) today announced a partnership between its subsidiary, Maybacks Global Entertainment, and LIME X, a global developer of TV streaming services on Android, iOS, Smart TV, Android TV and Web platforms. “Our partnership with LIME X is another great step forward, allowing our TV streaming app, iDreamCTV, and its 42 channels to be seen by a very large global audience,” said Authentic Holdings President and Chairman Chris H Giordano. “LIME X has had over 100,000,000+ downloads of their platform. Our content will now be seen by another huge global audience and allow us to capture significant revenue…

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