NetworkNewsBreaks

FridayMay 30, 2025 10:14 am

NetworkNewsBreaks – Lantern Pharma Inc. (NASDAQ: LTRN) Highlights LP-184 Preclinical Success in Pediatric Brain Cancer ATRT

Lantern Pharma (NASDAQ: LTRN) reported strong preclinical results for LP-184 in atypical teratoid rhabdoid tumors (“ATRT”), a rare and aggressive pediatric brain cancer. Presented by Dr. Eric Raabe of Johns Hopkins at the Society for Neuro-Oncology's Pediatric Neuro-Oncology Conference, the data showed LP-184 significantly improved survival in two mouse models, with one model achieving a 345% increase in median survival (20 to 89 days, p<0.0001). LP-184 demonstrated potent anti-tumor activity across ATRT subtypes, high blood-brain barrier penetration, and a favorable safety profile. Lantern plans to launch a pediatric Phase I trial in late 2025 or early 2026, following the completion…

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FridayMay 30, 2025 9:20 am

NetworkNewsBreaks – Scinai Immunotherapeutics Ltd. (NASDAQ: SCNI) Reports Q1 Revenue Growth Driven by CDMO Contracts, Net Loss Narrows

Scinai Immunotherapeutics (NASDAQ: SCNI) reported first quarter 2025 financial results, posting $586K in revenue, up from zero in the prior-year period, reflecting continued expansion of its CDMO business. R&D expenses declined to $1.3M from $1.6M, while marketing, general and administrative costs held steady at $500K. The company recorded a $1.6M net loss, improving from a $2.2M loss in Q1 2024, aided by reduced R&D and financial expenses. Cash and equivalents totaled $1M at quarter-end, down from $2M a year earlier. To view the full press release, visit https://nnw.fm/l0Lv8 About Scinai Immunotherapeutics Ltd. Scinai is a biopharmaceutical company with two complementary…

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FridayMay 30, 2025 9:10 am

NetworkNewsBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Closes $1 Million Private Placement with HCI

Platinum Group Metals (NYSE American: PLG) (TSX: PTM) has closed a US$1.008 million non-brokered private placement with major shareholder Hosken Consolidated Investments Limited (“HCI”) via its subsidiary Deepkloof Limited. The transaction, completed May 29, 2025, involved the issuance of 800,000 common shares at US$1.26 per share, restoring HCI’s ownership to 26%. Proceeds will support pre-construction and engineering work at the Waterberg Project in South Africa, along with general corporate purposes. As HCI is a related party, the deal qualifies for exemptions under MI 61-101 and was negotiated on an expedited basis. To view the full press release, visit https://nnw.fm/egUgK About Platinum…

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ThursdayMay 29, 2025 3:14 pm

NetworkNewsBreaks – ROTH Taps Dr. Kyle Bauser to Advance MedTech Research

Roth Capital Partners (“ROTH”), www.roth.com, has announced the appointment of Kyle Bauser, Ph.D., as managing director, senior research analyst. Bringing more than a decade of experience across industry and equity research, Dr. Bauser joins the firm's healthcare research team, covering the medical technology sector. “We are committed to expanding our research department across industries and market caps,” said Sagar Sheth, CEO of ROTH. “I’m confident that Kyle’s expertise will provide valuable insights for our clients and help expand our healthcare practice.” To view the full press release, visit https://nnw.fm/0rzqF  About ROTH  ROTH is a relationship-driven investment bank focused on serving…

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ThursdayMay 29, 2025 2:17 pm

NetworkNewsBreaks – Amazon.com Inc. (NASDAQ: AMZN) and The New York Times Co. (NYSE: NYT) Forge AI Content Licensing Agreement 

Amazon.com (NASDAQ: AMZN) and The New York Times Co. (NYSE: NYT) have entered into a multi-year licensing agreement, marking the Times' first venture into generative AI partnerships. Under this deal, Amazon will gain access to a range of NYT content—including articles from The New York Times, NYT Cooking, and The Athletic—for use in its AI products such as Alexa. The agreement permits Amazon to display summaries and excerpts of NYT content and utilize it to train its proprietary AI models. Financial terms of the deal were not disclosed. This collaboration comes amid a broader industry trend of media organizations licensing…

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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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