NetworkNewsBreaks Archive - Page 268 of 2158

FridayFeb 07, 2025 11:02 am

NetworkNewsBreaks – Amazon.com Inc. (NASDAQ: AMZN) Faces Key Test as AI Spending Reshapes Cloud Market

Amazon.com (NASDAQ: AMZN) is under pressure to meet high expectations for its cloud computing division, Amazon Web Services (AWS), as it prepares to release its fourth-quarter results. This comes after competitors Microsoft and Google reported slower cloud growth due to substantial AI investment costs. AWS, the leading cloud service provider, is anticipated to report a 19.3% revenue increase, marking its strongest growth in eight quarters. Analysts suggest that AWS's focus on cost-effective AI technology and reduced reliance on expensive large-language models may position it favorably compared to its rivals. As of the latest trading session, Amazon's stock is priced at…

FridayFeb 07, 2025 10:35 am

NetworkNewsBreaks – Annovis Bio Inc. (NYSE: ANVS) CEO to Present at Oppenheimer Healthcare Conference

Annovis Bio (NYSE: ANVS) a late-stage clinical drug platform company developing therapies for neurodegenerative diseases, announced that CEO Maria Maccecchini, Ph.D., will present at Oppenheimer’s 35th Annual Healthcare Life Sciences Conference on Feb. 11, 2025, from 12:40 to 1:10 p.m. ET. The virtual presentation will cover the company’s progress on its pivotal Phase 3 trial for early Alzheimer’s disease and strategic plans for a New Drug Application for buntanetap. The conference gathers industry leaders and investors to discuss key innovations and market trends in healthcare and life sciences. To view the full press release, visit https://nnw.fm/uxHhI About Annovis Bio Inc.…

FridayFeb 07, 2025 9:30 am

NetworkNewsBreaks – GivBux Inc. (GBUX) Enhances Super App With UI/UX Upgrades and Cloud Biometrics

GivBux (OTC: GBUX) announced plans to roll out a major upgrade to its Super App, introducing a modernized interface, cloud-based biometric authentication, and customizable home screen features. The UI/UX overhaul aims to enhance engagement and streamline navigation, making interactions faster, more secure, and highly personalized. Key enhancements include a sleek design, a new customizable dashboard with core features such as "Talk" and "Pay," and a cloud-based facial recognition system that enables secure access from any device. President Umesh Tim Singh emphasized the company’s commitment to innovation and continuous improvement. The phased rollout of the updated Super App will be available…

FridayFeb 07, 2025 9:27 am

NetworkNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Prices $95M Convertible Senior Notes Offering

McEwen Mining (NYSE: MUX) (TSX: MUX) announced the pricing of $95 million in convertible senior notes due 2030 in a private placement under Rule 144A of the Securities Act. The company granted initial purchasers an option to buy an additional $15 million in notes, potentially increasing the total to $110 million. The notes carry a 5.25% interest rate and an initial conversion price of $11.25 per share, a 30% premium over the Feb. 6 closing price of $8.65. A capped call transaction could increase the effective conversion price to $17.30 per share. Proceeds will be used for a capped call…

FridayFeb 07, 2025 8:30 am

NetworkNewsBreaks – ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Begins Trading on OTCQB to Expand U.S. Market Access

ESGold (CSE: ESAU) (OTCQB: ESAUF) announced its common shares began trading today on the OTCQB Venture Market under the symbol SEKZF, enhancing visibility and accessibility for U.S. investors. The move supports broader exposure and liquidity ahead of the Company’s targeted Q3 production start at its Montauban Project. ESGold has also submitted all required paperwork for DTC eligibility to enable seamless electronic settlement, with confirmation expected soon. To view the full press release, visit https://nnw.fm/QO9Sz About ESGold Corp. ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) (FSE: Z7D) is a fully permitted, pre-production resource company at the forefront of clean mining and exploration innovation. With…

ThursdayFeb 06, 2025 3:10 pm

NetworkNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) to Host Qubits 2025 User Conference in Arizona

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”) announced that its Qubits 2025 quantum computing user conference will be held in Scottsdale, Arizona, from March 31 to April 1. Themed “Quantum Realized,” the event will feature presentations from industry leaders, customers, and D-Wave executives, highlighting real-world applications of D-Wave’s quantum computing technology. Speakers include representatives from IDC, Davidson Technologies, NTT DOCOMO, and SAS. D-Wave CEO Dr. Alan Baratz stated that the conference is a key opportunity to explore the impact of quantum and AI. The first day of the event will be livestreamed for remote attendees. To view the full press release,…

ThursdayFeb 06, 2025 2:56 pm

NetworkNewsBreaks – Lottery.com Inc. (NASDAQ: LTRY) Launches International Lottery Operations

Lottery.com (NASDAQ: LTRY, LTRYW), a leading technology company in digital lottery and sports entertainment, has announced the launch of its international lottery operations to meet the evolving demands of customers worldwide. “We are entering an exciting new chapter for Lottery.com. By investing in augmenting our technology, refreshing our brand for international markets and forming strong partnerships, we are laying the foundation for sustained success in international markets,” said Matthew McGahan, chairman of Lottery.com. “We are confident in our ability to generate revenue from international lottery operations by the end of March and our mission is clear: to deliver long-term value…

ThursdayFeb 06, 2025 2:34 pm

NetworkNewsBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Leveraging Flagship Project, Partnerships Amid Growing Demand for PGMs

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) is uniquely positioned as platinum group metals (“PGMs”), including platinum, palladium and rhodium are poised for growth in 2025, driven by demand in the automotive, hydrogen-energy and industrial sectors. “The company’s flagship Waterberg Project in South Africa is a large-scale resource designed to supply palladium, platinum, rhodium and gold as well as copper and nickel for the global markets,” reads a recent article. “The company is focused on advancing its Waterberg Project, which is expected to be a key low cost supplier of palladium and platinum. The project emphasizes sustainability and cost-efficiency,…

ThursdayFeb 06, 2025 1:40 pm

NetworkNewsBreaks – BioAdaptives Inc. (BDPT) Announces Board Appointment of UFC Senior Executive Reed Harris

BioAdaptives (OTC: BDPT), a leading biotechnology company focused on innovative health and wellness solutions, has announced the appointment of Reed Harris to its board of advisors. Harris, the senior VP of athlete development and marketing at the Ultimate Fighting Championship (“UFC”) in Las Vegas, brings decades of experience in leadership, athlete development and business management, as well as a proven commitment to driving innovation and excellence. “Reed’s exceptional leadership, business acumen and dedication to athlete development and community service align perfectly with our mission to deliver innovative health and wellness solutions,” said Jim Keener, CEO of BioAdaptives. “His deep experience…

ThursdayFeb 06, 2025 12:50 pm

NetworkNewsBreaks – Meta Platforms Inc. (NASDAQ: META) Boosts Investment in AI and Wearables

Meta (NASDAQ: META) is making significant strides in the tech industry by ramping up its investment in artificial intelligence and wearables. The company plans to increase its annual capital investment to between $60 billion and $65 billion by 2025. This strategic move aims to enhance creator tools within its ecosystem, which advertisers use to create marketing materials and run ad campaigns. Meta is also deploying more of its custom ASICs, known as MTIA, in its data centers. This initiative is designed to improve the total cost of ownership for its computing needs, demonstrating Meta’s commitment to embracing the higher costs…

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