NetworkNewsBreaks

TuesdayFeb 11, 2025 12:50 pm

NetworkNewsBreaks – Meta Platforms Inc. (NASDAQ: META) Achieves Record 16-Day Rally Amid AI Advancements

Meta Platforms (NASDAQ: META) has set a new record with a 16-day consecutive stock rally, the longest in Nasdaq 100 history. This surge is attributed to the company's aggressive investments in artificial intelligence, which have enhanced user engagement on Facebook and Instagram. CEO Mark Zuckerberg highlighted that improvements to AI-driven content recommendations have increased time spent on these platforms by 8% and 6%, respectively. As of February 11, 2025, Meta's stock is trading at $717.25, experiencing a slight decrease of 0.02% from the previous close. The day's trading range has been between $711.62 and $717.54, with an opening price of…

Continue Reading

TuesdayFeb 11, 2025 12:30 pm

NetworkNewsBreaks – Omnity Network Launches RichSwap, the First AMM DEX for Trustless on-Chain Runes Trading

Omnity has announced the launch of RichSwap, an AMM DEX for DeFi on Bitcoin without bridges, wrapping, custodians, off-chain software, or single points of failure. Users retain full custody of assets in their Bitcoin wallet, without needing to deposit or withdraw to any platform, and are safeguarded from extortion, with transactions executed completely on the Bitcoin network or rolled back in full. The announcement reads, “RichSwap has launched on the new Runes Exchange Environment (‘REE’) from Omnity Network. REE marks the beginning of Bitcoin’s evolution into a programmable and decentralized financial platform. It’s a powerful toolkit for developing DeFi products…

Continue Reading

TuesdayFeb 11, 2025 11:45 am

NetworkNewsBreaks – Apple Inc. (NASDAQ: AAPL) teams up with Alibaba (NYSE: BABA) to develop AI for China, eyes iPhone growth

Apple (NASDAQ:AAPL) has partnered with Alibaba Group Holding Ltd. (NYSE: BABA) to integrate artificial intelligence into its devices in China, aiming to boost iPhone sales in the region. The collaboration follows Apple’s evaluations of various Chinese AI providers, ultimately selecting Alibaba to co-develop AI features that have been submitted for regulatory approval. This move aligns with Apple’s strategy to strengthen its position in China’s competitive smartphone market. As of Feb. 11, Apple stock is trading at $231.87, up 1.85%, while Alibaba shares have risen 2.11% to $113.67. To view the full article, visit https://nnw.fm/aaRcu About Apple Inc. Apple Inc. designs, manufactures,…

Continue Reading

TuesdayFeb 11, 2025 11:15 am

NetworkNewsBreaks – Massimo Group (NASDAQ: MAMO) Shifts MVR Golf Cart Production to Texas Amid Trade Tariffs

Massimo Group (NASDAQ: MAMO) has relocated production of its MVR Golf Cart series to its Garland, Texas, facility to enhance quality control and strengthen its U.S. market presence. The move follows U.S. trade regulators imposing countervailing duties and antidumping tariffs of up to 500% on certain foreign manufacturers accused of unfair trade practices. Massimo is also exploring partnerships in Vietnam to diversify its supply chain. CEO David Shan emphasized that the transition reinforces quality assurance while ensuring long-term competitiveness in the personal transportation market. To view the full press release, visit https://nnw.fm/TseKn About Massimo Group Massimo Group (NASDAQ: MAMO) is a manufacturer…

Continue Reading

TuesdayFeb 11, 2025 9:10 am

NetworkNewsBreaks – Tesla Inc. (NASDAQ: TSLA) Stock Target Cut as Analyst Cites CEO’s Political Risks

Tesla (NASDAQ: TSLA) saw its price target reduced from $492 to $474 by Stifel analyst Stephen Gengaro, who maintained a “Buy” rating despite concerns over CEO Elon Musk’s political activities. Gengaro noted that while Tesla’s long-term vision includes a lower-priced vehicle and advancements in autonomous driving and robotics, consumer sentiment and sales could be impacted by Musk’s increasing political involvement. As of the latest trading session, Tesla’s stock closed at $350.73, marking a 3% decline for the day. Over the past week, the stock has dropped approximately 10%. To view the full article, visit https://nnw.fm/WiTCq About Tesla Tesla, Inc. is an…

Continue Reading

MondayFeb 10, 2025 3:44 pm

NetworkNewsBreaks – Ceragon Networks Ltd. (NASDAQ: CRNT) Completes Strategic Acquisition of End 2 End Technologies LLC

Ceragon (NASDAQ: CRNT), a leading solutions provider of end-to-end wireless connectivity, has completed the acquisition of End 2 End Technologies, a U.S. systems integration and software development company that serves private networks, primarily in the energy and utilities markets. End 2 End Technologies brings unique expertise, providing radio frequency communications in both broadband and narrowband advanced network infrastructure solutions. The company specializes in the design and implementation of core voice and data networks, including traditional routing and switching technologies, as well as advanced security, wireless, mobility, and optical networks. Roth Capital Partners served as financial advisor to Ceragon. For more…

Continue Reading

MondayFeb 10, 2025 3:30 pm

NetworkNewsBreaks – Aegis Capital Corp. Acts as Sole Bookrunner on $12M Underwritten Public Offering for Volcon Inc. (NASDAQ: VLCN)

Aegis Capital has been in the wealth management and investment banking business since 1984 and is dedicated to providing corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. Aegis has announced that it acted as the sole bookrunner on a $12 million underwritten public offering for Volcon (NASDAQ: VLCN). In addition, Aegis acted as sales agent pursuant to the ATM agreement raising proceeds of $9.47 million for Volcon. For more information, visit https://nnw.fm/tzXK9 About Volcon Inc. Based in the Austin, Texas area, Volcon was founded as the first all-electric power sports company…

Continue Reading

MondayFeb 10, 2025 3:27 pm

NetworkNewsBreaks – Consumer Automotive Finance Inc. (CAFI) Launches Five New Sports Nutrition Products, Provides Update on Corporate Name, Ticker Change

Consumer Automotive Finance (OTC: CAFI), soon to be renamed Fifty 1 Labs, today announced that it has launched five new products in the sports nutrition market. The expansion reinforces 51 Labs' commitment to delivering high-quality, performance-enhancing supplements that support active and health-conscious consumers. In addition, the company provided an update, indicating it is in the final phase of the process for its name and ticker symbol change, marking a significant step forward in its corporate growth strategy. "Our goal at 51 Labs is to continuously innovate and provide our customers with products that enhance their performance, recovery and overall health,"…

Continue Reading

MondayFeb 10, 2025 2:40 pm

NetworkNewsBreaks – FinovateEurope to Unveil Networking-Made-Easy Approach, Shine Spotlight on the Latest in FinTech

Informa PLC, a London-based events production, digital products and academic research services agency, today provided an update for its upcoming FinovateEurope conference. The industry-leading fintech event is slated to take place from Feb. 25-26, 2025, at the Intercontinental O2 Hotel in London. FinovateEurope will feature 75-plus world-class speakers and sector experts, as well as 30-plus live product demos from exciting fintech startups and established innovators. With over 1,000 senior business leaders expected to attend, this is a unique opportunity to leverage the event’s networking-made-easy approach and the newly unveiled FinovateAllocate service to forge lasting relationships and discover the latest market-moving…

Continue Reading

MondayFeb 10, 2025 2:38 pm

NetworkNewsBreaks – Microsoft Corp. (NASDAQ: MSFT) to Purchase Power from EDP Renewables’ Solar Projects

Microsoft (NASDAQ: MSFT)  has entered into agreements to acquire nearly 400 megawatts (MW) of electricity from three new utility-scale solar projects developed by EDP Renewables in Illinois and Texas. This move aligns with Microsoft's commitment to sourcing renewable energy and reducing its carbon footprint. As of February 10, 2025, Microsoft Corporation's (NASDAQ:MSFT) stock is trading at $414.38, up $4.63 (1.13%) from the previous close. The day's range has been between $411.56 and $414.47, with an opening price of $413.80. To view the full article, visit https://nnw.fm/Wg8sQ About Microsoft Corporation Microsoft (NASDAQ:MSFT) is a leading global technology company that develops, licenses,…

Continue Reading