QualityStocksNewsBreaks Archives - Page 24 of 1368

WednesdayFeb 12, 2025 2:05 pm

QualityStocksNewsBreaks – RenovoRx Inc. (NASDAQ: RNXT) Announces $12.1M Underwritten Public Offering

RenovoRx (NASDAQ: RNXT), a life sciences company developing novel targeted oncology therapies and commercializing RenovoCath(R), a novel, FDA-cleared delivery platform, recently announced the pricing and closing of a firm commitment, underwritten public offering of 11,523,810 shares of its common stock at a price to the public of $1.05 per share. Of the approximately $12.1 million in gross proceeds, RenovoRx intends to use the net for working capital and general corporate purposes, including continued progression of its Phase III TIGeR-PaC study and the continued development and execution of commercial sales and marketing activities for RenovoCath as a standalone device. Titan Partners…

WednesdayFeb 12, 2025 11:35 am

QualityStocksNewsBreaks – Snap Inc. (NYSE: SNAP) Prices $1.5 Billion Senior Notes Due 2033

Snap (NYSE: SNAP) has announced the pricing of $1.5 billion in aggregate principal amount of 6.875% senior notes due 2033 in a private offering. The sale is expected to close on February 14, 2025, subject to customary closing conditions. The company plans to use the net proceeds to repurchase portions of its outstanding convertible senior notes due 2026, 2027, and 2028, with the remainder allocated for general corporate purposes. As of 10:27 AM EST on February 12, 2025, Snap Inc. (NYSE: SNAP) shares are trading at $10.735, down 0.01242% from the previous close. The day's trading range has been between…

WednesdayFeb 12, 2025 10:15 am

QualityStocksNewsBreaks – NVIDIA Corp. (NASDAQ: NVDA) Faces Market Volatility Amid DeepSeek Concerns

NVIDIA (NASDAQ: NVDA) shares experienced a significant decline, dropping 17% in a single day and erasing approximately $590 billion from the company's market capitalization. This downturn is attributed to concerns surrounding Chinese AI startup DeepSeek, which has developed a competing AI chip that could challenge NVIDIA's dominance in the market. As of February 12, 2025, NVIDIA's stock is trading at $132.80, down 0.56% from the previous close. To view the full article, visit https://ibn.fm/Cap0f About NVIDIA Corporation NVIDIA Corporation is a global technology company headquartered in Santa Clara, California. Founded in 1993, NVIDIA is renowned for its graphics processing units…

WednesdayFeb 12, 2025 9:35 am

QualityStocksNewsBreaks – Amazon.com Inc. (NASDAQ: AMZN) Expands AI Investment With AWS Driving Monetization

Amazon.com (NASDAQ: AMZN) is significantly enhancing its artificial intelligence (AI) capabilities, with Amazon Web Services (AWS) serving as a primary monetization driver. The company plans to invest approximately $100 billion in AI-related capital expenditures this year, focusing on AWS's cloud infrastructure to support the growing demand for generative AI technologies. CEO Andy Jassy emphasized AI's pivotal role in business technology advancement, likening it to the internet's impact. As of Feb. 12, 2025, Amazon's stock is trading at $232.76, reflecting a slight decrease of 0.15% from the previous close. To view the full article, visit https://ibn.fm/hwr7T About Amazon.com Inc. Amazon.com Inc.…

TuesdayFeb 11, 2025 2:20 pm

QualityStocksNewsBreaks – Thumzup Media Corp. (NASDAQ: TZUP) Poised to Transform Digital Advertising

Thumzup (NASDAQ: TZUP), a company at the forefront of modernizing the social media branding and marketing industry, surpassed 600 advertisers on its platform just weeks after crossing the 500 advertiser milestone. “This follows Thumzup’s recent integration with X (formerly Twitter), which opened advertisers to over 535 million monthly active users. It brings the company’s current integrations to five, namely Facebook, Instagram, YouTube, TikTok, and now X,” reads a recent article. “As of December 2024, the company had paid social media users over $250,000. With the growth in both advertisers and the number of integrations, Thumzup expects these numbers to go…

TuesdayFeb 11, 2025 1:27 pm

QualityStocksNewsBreaks – Adageis Seizing Opportunity in AI-Driven Healthcare Innovation

Adageis is positioned to capitalize as artificial intelligence (“AI”) plays a crucial role in meeting quality metrics, reducing costs and improving patient outcomes in the transition toward value-based healthcare. While the sector faces challenges — such as integrating AI tools into existing systems, ensuring data security and navigating regulatory frameworks — innovators like Adageis, a forward-thinking healthcare technology company, are stepping in to bridge the gap, offering scalable solutions that align with modern needs. “Adageis is at the forefront of AI-driven healthcare innovation. Its ProActive Care Platform provides providers, clinics and health systems with tools to enhance care delivery while addressing…

TuesdayFeb 11, 2025 11:45 am

QualityStocksNewsBreaks – 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://ibn.fm/jUQlp About Apple Inc. Apple Inc. designs, manufactures, and…

TuesdayFeb 11, 2025 11:15 am

QualityStocksNewsBreaks – 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://ibn.fm/H8eVE About Massimo Group Massimo Group (NASDAQ: MAMO) is a manufacturer…

TuesdayFeb 11, 2025 9:10 am

QualityStocksNewsBreaks – 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://ibn.fm/A4hgD About Tesla Tesla, Inc. is an American…

MondayFeb 10, 2025 3:30 pm

QualityStocksNewsBreaks – 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://ibn.fm/inQlq About Volcon Inc. Based in the Austin, Texas area, Volcon was founded as the first all-electric power sports company…

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