NetworkNewsBreaks

ThursdayFeb 22, 2024 3:07 pm

NetworkNewsBreaks — Rivian Automotive Inc. (NASDAQ: RIVN) Stock Drops after Q4 Financial Report Misses Mark

Rivian Automotive (NASDAQ: RIVN) saw its stock reach a record low after the company released its Q4 results, which included a production and profit forecast that missed Wall Street expectations. According to the report, the company anticipates that vehicle production for 2024 will total an estimated 57,000 units, which is significantly lower than the 80,000 units projected. In addition, the company noted that in terms of full-year profitability, it estimates an adjusted EBITDA loss of $2.7 billion vs. the $2.59 billion expected, with capital expenditure outlays hitting $1.75 billion vs. the $2.37 billion forecast. Rivian also announced plans to lay…

Continue Reading

ThursdayFeb 22, 2024 3:02 pm

NetworkNewsBreaks – Turbo Energy S.A. (NASDAQ: TURB) Positioning in Dynamic Landscape of AI-Driven Green Energy

Turbo Energy (NASDAQ: TURB) is a European innovator designing, developing and manufacturing photovoltaic energy generation, management and storage equipment. “Boasting cutting-edge products labeled as ‘the market’s most advanced AI-driven energy management system,’ Turbo Energy makes no secret of its ambitious goals. In this dynamic landscape of AI-driven green energy, the company aims to position itself as a key player with a bold mission ‘to protect the world from energy and economic crisis,’” a recent article reads. “Turbo Energy recently released its flagship product, Sunbox, an all-in-one device for residential solar installations powered by AI capable of connecting to everything. Sunbox’s…

Continue Reading

ThursdayFeb 22, 2024 2:14 pm

NetworkNewsBreaks — Marigold PR Announces Upcoming Radicle Femmes Event Focused on Women in Cannabis

Marigold PR, an award-winning public relations agency to the North American cannabis industry, announced that it is hosting the first-ever Radicle Femmes event. According to the announcement, Radicle Femmes is designed to be Canada’s largest networking event celebrating women in cannabis. The premiere event is slated for March 8, 2024, which is International Women’s Day; it will be held in Toronto in collaboration with several sponsors, including the Ontario Cannabis Store, the Panther Group, Sister Merci and Solei. The event is designed to highlight the achievements of women entrepreneurs, professionals and advocates in shaping the industry landscape. The agenda includes panel discussions…

Continue Reading

ThursdayFeb 22, 2024 2:02 pm

NetworkNewsBreaks – GEMXX Corp. (GEMZ) Keen on Maintaining Focus on Expansion

GEMXX (OTC: GEMZ), a mine-to-market company, witnessed continued growth in 2023, achieving numerous milestones, including the fact that it continues to control each stage of its production and distribution and is continuously expanding while avoiding long-term debt. “Looking ahead into 2024 and beyond, GEMXX is keen on maintaining its focus on expansion and adding shareholder value. The company intends to complete the 50% acquisition of the Yukon Gold Property and initiate a pilot mine on this site; upscale gold production at the Snow Creek Property and move the test plant to the Rosella Creek site; bring its Ammolite Gemstone mine…

Continue Reading

ThursdayFeb 22, 2024 1:45 pm

NetworkNewsBreaks – Correlate Energy Corp. (CIPI) Adding Partners as Companies Prioritize Clean Energy

Correlate Energy (OTCQB: CIPI) has completed one of the largest rooftop solar-power facilities in Illinois. The facility was constructed at the manufacturing plant of Continental Envelope, one of the oldest envelope manufacturers in the country. Continental Envelope is focused on going green and partnered with Correlate Energy to construct the facility, which is now fully operational, along with all engineering, permitting and interconnection work completed. According to the announcement, the new solar-powered facility will supply an estimated 20%–25% of the plant’s overall energy requirements and offset approximately 18,849 tons of carbon dioxide over the next two decades. Correlate also collaborated…

Continue Reading

ThursdayFeb 22, 2024 1:20 pm

NetworkNewsBreaks – Clene Inc. (NASDAQ: CLNN) Announces Statistically Significant Results from Independent Analyses of ALS Patient Data

Clene (NASDAQ: CLNN) (along with its subsidiaries, “Clene”) and its wholly owned subsidiary Clene Nanomedicine Inc., a clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, today reported new, significant survival results in amyotrophic lateral sclerosis (“ALS”) patients. According to the announcement, the results are from two independent analyses of pooled data from two intermediate-size “Companionate Use” Expanded Access Programs (“EAPs”) supported by the company. The EAPs provided access to treatment with CNM-Au8(R) to 256 participants, all people living with ALS who were generally too advanced in their disease to qualify for clinical…

Continue Reading

ThursdayFeb 22, 2024 1:13 pm

NetworkNewsBreaks – ECGI Holdings Inc. (ECGI) Announces Initiative to Strengthen, Enhance Shareholder Value

ECGI Holdings (OTC: ECGI), a diversified holding company, has launched a new initiative to strengthen its financial structure and enhance shareholder value. According to the announcement, the company has identified and initiated the reduction of more than $600,000 in liabilities from its balance sheet, reflecting ECGI’s commitment to operational efficiency and fiscal responsibility. Part of this strategic plan involves the cancelation of the second SRAX note, resulting in a direct reduction of $450,000. The company is committed to  maintaining the momentum of this financial optimization initiative as it focuses on setting the stage for greater financial flexibility and the potential for future growth…

Continue Reading

ThursdayFeb 22, 2024 1:06 pm

NetworkNewsBreaks – MAISON BLOOM Announces New Owner-Partner as UFC Fighter, Entrepreneur Joins Company

MAISON BLOOM, creators of the world’s first all-natural elevated seltzer made from fully sustainable ingredients, has announced a new owner-partner. Marlon “Chito’ Vera, a well-known UFC fighter and entrepreneur, has joined the company, taking “a leap into the world of infused beverages and functional cannabinoid ready-to-drink beverages” as part of his mission to share his approach to “always-ready-living” with the world. Vera will serve as the company’s head of wellness. With Vera on board, MAISON BLOOM plans to launch the “Chito Challenge,” which will include a series of bold offerings and engagements that encourage people to live their best lives.…

Continue Reading

ThursdayFeb 22, 2024 12:50 pm

NetworkNewsBreaks – Sekur Private Data Ltd.’s (CSE: SKUR) (OTCQB: SWISF) (FRA: GDT0) Platform Significantly Reduces Risk of Cyber Penetration for Businesses, Governments

Sekur Private Data (CSE: SKUR) (OTCQB: SWISF) (FRA: GDT0) is a cybersecurity and internet privacy provider of Swiss-hosted solutions for secure and private communications. “Sekur CEO Alain Ghiai expressed his conviction that SekurMessenger, SekurMail and SekurVPN will succeed with governments, telecom operators and entities like banks and energy enterprises. Sekur’s prime directive is to provide private and secure communications for everyone, and since the company is not connected to any big tech platform, it can offer a truly independent, private and secure means of communications, without any data mining through its proprietary technology and its servers based in Switzerland,” a…

Continue Reading

ThursdayFeb 22, 2024 12:05 pm

NetworkNewsBreaks – Bravo Multinational Inc. (BRVO) Selects IBN for Corporate Communications Expertise

Bravo (OTC: BRVO), a company actively exploring opportunities in the entertainment, hospitality and technology sectors, today announced it has selected IBN, a multifaceted financial news and publishing company for private and public entities, to assist with its corporate communications initiatives. Focused on pioneering innovative solutions in the digital content landscape, Bravo aims to provide cutting-edge and diverse content experiences to a global audience. In support of this goal, Bravo, early this month, finalized a deal to acquire Steaming TVEE Inc.’s assets, providing the company with the technology and foundation to soon offer streaming services, including video on demand (“VOD”) and…

Continue Reading