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NewsBreak Category: Billion Dollar
Friday Dec 29, 2023 - 3:12 pm

InvestorNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Supports Near-Term Quantum Application Development Highlighted in Recently Signed NDAA

D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services and the world’s first commercial supplier of quantum computers, commends the U.S. government’s policy makers for including a quantum pilot program focused on near-term quantum computing applications in the National Defense Authorization Act (“NDAA”). The act was passed by Congress and signed into law by President Biden on December 22, 2023, establishing a…

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Thursday Dec 28, 2023 - 9:53 am

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), Astron Corp. Enter MOU to Develop Australia-Based REE and Mineral Sands Project

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S. producer of uranium, rare earth elements (“REE”) and vanadium, has entered into a nonbinding Memorandum of Understanding (“MOU”) with Astron Corporation Limited to jointly develop the Donald Rare Earth and Mineral Sands Project in Victoria, Australia. According to the MOU, Energy Fuels has exclusive rights through March 1, 2024, to conduct due diligence on the…

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Thursday Dec 21, 2023 - 12:11 pm

InvestorNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Highlighted as Top Quantum Computing Company

D-Wave (NYSE: QBTS) was recently featured in a Forbes contributed article, written by Craig S. Smith, which summarized the top quantum computing companies that are advancing the frontiers of this groundbreaking technology and molding the future landscape of quantum computing. The author also provided a brief overview of the quantum sector and the US government’s investment in the technology, noting “The U.S. government spent $2.9 billion…

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Thursday Dec 21, 2023 - 11:07 am

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Commences Production at Three US Uranium Mines

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S. producer of uranium, rare earth elements (“REE”) and vanadium, has begun uranium production at three of its permitted and developed uranium mines in response to strong uranium market conditions; those mines are located in Arizona and Utah. The company is also preparing two additional mines in Colorado and Wyoming for expected production within the next year while advancing permitting on several…

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Friday Dec 08, 2023 - 3:37 pm

InvestorNewsBreaks — Lucid Group Inc. (NASDAQ: LCID), SiriusXM Canada Partner to Bring Audio Entertainment Offering to Canadian Lucid Owners

Lucid Group (NASDAQ: LCID) has announced a partnership with SiriusXM Canada to offer all new and existing Canadian Lucid owners a three-month trial subscription to SiriusXM's comprehensive audio entertainment. According to the announcement, SiriusXM is available in the LCID’s award-winning Lucid Air, the longest-range, fastest-charging electric car on the market. In addition, owners of the entire Lucid Air lineup will be offered access to SiriusXM…

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Wednesday Oct 18, 2023 - 3:27 pm

InvestorNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Launches New Open-Source Demo Highlighting Quantum System’s Ability to Improve Cellphone Network Transmission

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software and services and the world’s first commercial supplier of quantum computers, has released a new open-source demonstration that highlights how the company’s Advantage(TM) annealing quantum computing system can be used to tackle wireless channel decoding. Available in the Leap(TM) real-time quantum cloud service from D-Wave, the demonstration is designed to identify solutions for increasing…

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Thursday Oct 12, 2023 - 10:11 am

InvestorNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS), Satispay Collaboration Results in Quantum-Hybrid App that Optimizes Customer Rewards Initiatives

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software and services and the world’s first commercial supplier of quantum computers, is working with Satispay, the leading Italian fintech unicorn revolutionizing mobile payments. The two companies have built a quantum-hybrid application designed to optimize customer rewards initiatives. According to the announcement, the quantum-optimized rewards application shows 50% improvement in customer rewards programs for the same…

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Tuesday Oct 03, 2023 - 3:14 pm

InvestorNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) CEO Discusses Importance of Inclusivity in Fueling Innovation in Fast Company Op-Ed Piece

D-Wave’s (NYSE: QBTS) CEO Alan Baratz is the author of a recently published Fast Company opinion article that explores the vast possibilities of innovation as well as big tech giants’ track record of squashing technologies that they either don’t have the ability to create or missed the boat on. The piece, titled “POV: It’s time for big tech to stop stifling innovation,” delves into this concept while exploring…

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Friday Sep 15, 2023 - 8:30 am

InvestorNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) CEO Spotlighted in Recent ‘Bloomberg Technology’ Segment

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software and services, was featured in the “Bloomberg Technology” daily news program earlier this week. During the insightful interview, D-Wave Quantum CEO Alan Baratz talked with host Ed Ludlow about the future of quantum computing, noting that quantum computing has the potential to transform how businesses operate. Baratz also discussed competition between the United States…

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Thursday Sep 14, 2023 - 9:24 am

InvestorNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Announces Superior Coherence Performance with Fluxonium Qubits

D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services and the world’s first commercial supplier of quantum computers, has announced notable progress in its development of high coherence qubits. D-Wave has designed, manufactured and operated fluxonium qubits that have demonstrated quantum properties that are comparable to the best seen to date in scientific literature, and the results are expected to have a…

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Thursday Sep 07, 2023 - 10:13 am

InvestorNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Featured in The New Stack Article Discussing Potential Impact of Quantum Computing on AI

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software and services, was spotlighted in a recent article from The New Stack titled “D-Wave Suggests Quantum Annealing Could Help AI.” The article notes that the effect of quantum computing on artificial intelligence (“AI”) could be as understated as it is profound. According to the article, some say quantum computing is necessary to achieve general…

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Tuesday Aug 22, 2023 - 2:46 pm

InvestorNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Announces Updates to Quantum Hybrid Solver, Tackles More Complex Optimization Problems

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, has updated its Constrained Quadratic Model (“CQM”) hybrid solver in its Leap(TM) quantum cloud service. According to the announcement, the enhanced Constrained Quadratic Model solver helps businesses solve more complex optimization problems through quantum/classical computation. First made available in October 2021, the CQM…

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Monday Aug 21, 2023 - 1:47 pm

InvestorNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS), Davidson Technologies Inc. Collaborate to Advance Intelligent Solutions for Defense and Aerospace

D-Wave (NYSE: QBTS), a leader in commercial quantum computing systems, software and services, has announced progress in a collaboration with Davidson Technologies, a technology services company that provides innovative engineering, technical and management solutions for the Department of Defense, aerospace and commercial customers. According to the update, the collaboration aims to create solutions that advance national defense efforts. At the Space and Missile Defense Symposium,…

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Friday Aug 11, 2023 - 10:31 am

InvestorNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Releases Q2 Financial Highlights, Business Updates

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software and services, is reporting on its financial results for fiscal second quarter ended June 30, 2023. Highlights of the report include $1.7 million in revenue, total bookings of $2.5 million, and a cash balance of more than $50 million. In addition, the company signed several new and expanded existing customer engagements with Forbes Global 2000 companies during…

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Wednesday Jul 19, 2023 - 1:29 pm

InvestorNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Announces Pilot Program with VINCI Energies, QuantumBasel

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, announced that it is working with QuantumBasel on a quantum pilot project with VINCI Energies, an accelerator of environmental and digital transition. According to the announcement, the collaboration will use D-Wave’s annealing quantum computers and quantum hybrid solvers through the Leap(TM) quantum cloud service to provide VINCI Energies with real-time access to…

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Monday Jul 17, 2023 - 2:37 pm

InvestorNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Ready to Support Governmental Prioritization of Near-Term Quantum Development

D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services, is helping fuel the adoption of near-term quantum computing solutions against a backdrop of increased government assessment, investment and legislation. “As more governments start to consider quantum applications and the use of quantum technologies to solve public sector challenges, D-Wave offers solutions oriented towards addressing optimization problems commonly faced by government agencies… Public…

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Wednesday Jun 28, 2023 - 11:03 am

InvestorNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Ready to Execute on U.S. Government’s Shift to Near-Term Quantum Computing

D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services, is prepared to support the US government, as new legislation before Congress embraces all quantum technologies and pushes for near-term usage. The company announced today that recent legislation is calling for the U.S. government to develop and adopt near-term quantum computing applications with the potential to provide solutions to complex public sector optimization…

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Friday Jun 02, 2023 - 10:39 am

InvestorNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS), Interpublic Group of Companies Inc. (NYSE: IPG) Announce Strategic Collaboration

D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services, and Interpublic Group (NYSE: IPG), one of the world’s premier global advertising and marketing services companies, today announced a partnership that will see the companies work together on quantum computing applications that fuel innovation in marketing investments and strategy. D-Wave and IPG will collaborate on the research and development of quantum-hybrid applications designed…

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Tuesday May 23, 2023 - 12:45 pm

InvestorNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) is a Leading Gainer in 5/22 Trading

D-Wave Quantum Inc. (NYSE: QBTS) is one of yesterday’s top gainers. The company’s shares closed at $1.02 for the day, a 110.70% increase from the previous closing price of $0.48. QBTS opened at $0.50 and reached a high of $1.06 and an intraday low of $0.50 throughout the day. The 46.6 million shares that traded represent an all-time trading volume record for the company. D-Wave…

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Friday May 19, 2023 - 2:55 pm

InvestorNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Reports on Q1 2023 Financial, Corporate Results

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, has released its first-quarter earnings report for the period ending March 31, 2023. Highlights include total bookings valued at $2.9 million, a 297% increase compared to the first quarter of 2022, and a 430% increase in the average deal size for QCaaS and professional services combined bookings on a year-over-year basis. In…

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Wednesday Feb 15, 2023 - 10:27 am

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Completes Strategic Sale of Alta Mesa Project

Energy Fuels (NYSE American: UUUU) (TSX: EFR) today announced its completion of the sale of three wholly owned subsidiaries that together hold its Alta Mesa ISR Project to enCore Energy Corp. “Energy Fuels’ sale of the Alta Mesa project for $120 million of total consideration is highly strategic for a variety of reasons,” said UUUU CEO and President Mark S. Chalmers. “When combined with our…

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Monday Feb 13, 2023 - 10:41 am

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Completes Acquisition of the Bahia Project

Energy Fuels (NYSE American: UUUU) (TSX: EFR) today announced completion of its acquisition of 17 mineral concessions between the towns of Prado and Caravelas in the state of Bahia, Brazil, totaling 15,089.71 hectares (approximately 37,300 acres or 58.3 square miles). According to the announcement, closing of the “Bahia Project” followed the Brazilian Government’s approval of the transfers to Energy Fuels’ wholly owned Brazilian subsidiary Energy…

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Tuesday Jan 10, 2023 - 12:13 pm

InvestorNewsBreaks – Vision Energy Corp. (VENG) Incorporates Dutch Subsidiaries

Vision Energy (OTCQB: VENG), a forward-looking energy company developing carbon reduced solutions for the commercial, industrial and transportation sector, has incorporated new Dutch subsidiaries. These incorporations are designed to accommodate strategic initiatives for prospective partners, operators and launching customers for VENG’s integrated Green Energy Hub development in North Sea Port of Vlissingen, the Netherlands. According to the announcement, Vision Energy incorporated Vision Hydrogen BV as a…

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Thursday Jan 05, 2023 - 1:02 pm

InvestorNewsBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Announces December 2022 BTC Production, Mining Operation Updates

Marathon Digital Holdings (NASDAQ: MARA), a leader in supporting and securing the bitcoin ecosystem, today released unaudited bitcoin (“BTC”) production and miner installation updates for December 2022. “In 2022, we made significant progress in increasing our hash rate while also transitioning to more sustainable power sources,” said Fred Thiel, Marathon’s chairman and CEO. “Despite challenges earlier in the year, we doubled our hash rate to…

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Thursday Jan 05, 2023 - 10:01 am

InvestorNewsBreaks – Riot Platforms Inc. (NASDAQ: RIOT) Releases December 2022 Production, Operations Report

Riot Platforms (NASDAQ: RIOT), an industry leader in Bitcoin mining and data center hosting, is reporting unaudited production and operations numbers for December 2022. Highlights of the report note that Riot produced 659 BTC during the month, a 55% increase over the 425 BTC produced in December 2021. In addition, as of Dec. 31, 2022, the company held approximately 6,952 BTC, all produced by Riot’s…

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Thursday Dec 15, 2022 - 3:43 pm

InvestorNewsBreaks – MICT Inc. (NASDAQ: MICT) Regains Compliance with Nasdaq Listing Requirements

MICT (NASDAQ: MICT), which recently acquired the operating business and assets of Tingo (OTC: TMNA) (“Tingo Mobile Limited” or “Tingo Mobile”), announced that it has received a bid price compliance letter from the Nasdaq Stock Market LLC. The letter informs MICT that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) for continued listing on the Nasdaq. MICT was…

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Wednesday Dec 14, 2022 - 10:24 am

InvestorNewsBreaks – MICT Inc.’s (NASDAQ: MICT) Subsidiary Establishes Strategic Presence in Malawi and East Africa

MICT (NASDAQ: MICT) announced that, together with its wholly owned subsidiary Tingo (OTC: TMNA) (“Tingo Mobile Limited” or “Tingo Mobile”), has today launched in Malawi, as it establishes a strategic presence in East Africa and accelerates its pan-African rollout. Having already achieved a substantial user base in West Africa, Tingo Mobile’s move into Malawi is an important development due to its sizeable target market for…

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Monday Dec 12, 2022 - 12:24 pm

InvestorNewsBreaks – Tingo Inc. (TMNA) Partners with DMCC to Unveil Global Commodity Platform and Export Business

Tingo (OTC: TMNA), a leading agri-fintech business in Africa and a wholly owned subsidiary of MICT Inc. (NASDAQ: MICT), has partnered with the Dubai Multi Commodities Centre to launch a global commodity platform and export business. According to the announcement, Tingo Mobile’s strong relationships and trade deals with numerous Nigerian and Ghanian farming cooperatives and associations provides the group with access to substantial quantities of agricultural…

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Wednesday Dec 07, 2022 - 10:08 am

InvestorNewsBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Reports Numbers for November 2022 Bitcoin Production, Mining Operation Numbers

Marathon Digital Holdings (NASDAQ: MARA), a leader in supporting and securing the Bitcoin ecosystem, has released unaudited Bitcoin (“BTC”) production and miner installation updates for November 2022. According to the announcement, the company produced 472 Bitcoin during the month, bringing the total to date for the quarter to 1,087. In addition, the company reported that, as of Nov. 30, 2022, it had increased its unrestricted cash…

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Thursday Dec 01, 2022 - 12:53 pm

InvestorNewsBreaks – Tingo Inc. (TMNA) Operating Business, Assets Acquisition by MICT Completed

Tingo (OTC: TMNA), a leading agri-fintech business in Africa, has been acquired by MICT Inc. (NASDAQ: MICT); the transaction was completed today. According to the announcement, the agreement includes 100% ownership of Tingo Inc.’s operating business and assets, specifically its subsidiary, Tingo Mobile Limited; 100% consolidation of Tingo Mobile’s revenues and income; 100% consolidation of Tingo Mobile’s balance sheet; and the opportunity to “globalize and dollarize an…

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Wednesday Nov 30, 2022 - 9:50 am

InvestorNewsBreaks – MICT Inc. (NASDAQ: MICT) Issues Update on Acquisition of Tingo Inc. (TMNA)

MICT (NASDAQ: MICT) previously announced that it is scheduled to complete the acquisition of the operating business and assets of Tingo (OTC: TMNA) by Nov. 30, 2022. This will be achieved through the acquisition of 100% of Tingo’s sole operating subsidiary, Tingo Mobile Limited. In return, MICT is issuing 19.9% of its common stock to Tingo, together with Series A Preferred Stock and Series B…

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Wednesday Nov 16, 2022 - 1:36 pm

InvestorNewsBreaks – Tingo Inc. (TMNA), MICT Inc. (NASDAQ: MICT) Announce Tingo Mobile PLC’s Launch of Key Partnerships

Tingo (OTC: TMNA) and MICT (NASDAQ: MICT) today announced that Tingo Mobile, which is being wholly acquired by MICT with a scheduled completion date of Nov. 30, 2022, has launched its partnership with the All Farmers Association of Nigeria (“AFAN”) ahead of schedule. Through its recently disclosed trade deal with Tingo Mobile, AFAN has committed to deliver a minimum of 20 million additional subscribers, which…

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Monday Nov 14, 2022 - 3:16 pm

InvestorNewsBreaks – Canaan Inc. (NASDAQ: CAN) Releases Q3 2022 Financial Report

Canaan (NASDAQ: CAN), a leading high-performance computing solutions provider, is reporting its unaudited financial and operating results for the three-month period ended Sept. 30, 2022. Numbers of note from the report include computing power sold during the quarter totaling 3.5 million Thash/s, a 37.1% decrease from Q2 2022 and a 48.5% from 6.7 million Thash/s in the same period of 2021. CAN revenues reached $137.5 million, a decrease…

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Monday Nov 14, 2022 - 12:45 pm

InvestorNewsBreaks – Tingo Inc. (TMNA) Announces Strong Q3 2022 Results, Positioned for Continued Growth and Acceleration of Expansion Strategy

Tingo (OTC: TMNA) today announced that it has filed its quarterly report on Form 10-Q, wherein the company reported its financial results for the three and nine months ended Sept. 30, 2022. Among the highlights, the company reported growth in its Nwassa agri-fintech business that has driven increases of 64.8 % in revenues and 53.9 % in operating profit as compared to Q3 2021. In…

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Thursday Nov 10, 2022 - 10:23 am

InvestorNewsBreaks – Tingo Inc. (TMNA) Announces Launch of Operations in Ghana, Entry into Landmark Trade Deal with the Kingdom of Ashanti

Tingo (OTC: TMNA) today announced that Tingo Mobile PLC (“Tingo Mobile”) has opened a head office in Accra, Ghana, and has launched nationwide operations. According to the update, Tingo Mobile’s business in Ghana is held through a wholly owned subsidiary, Tingo Mobile Ghana Ltd (“Tingo Ghana”). To coincide with the launch, Tingo Ghana has agreed on a landmark trade deal with the Kingdom of Ashanti,…

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Wednesday Nov 09, 2022 - 1:46 pm

InvestorNewsBreaks – Tingo Inc. (TMNA) Announces Filing of Definitive Information Statement to Merge with MICT

Tingo (OTC: TMNA), a leading agri-fintech business in Africa, has filed a Definitive Information Statement with the U.S. Securities and Exchange Commission (“SEC”). The statement outlines the completion of the merger between Tingo Mobile PLC, a wholly owned Tingo subsidiary, with MICT Inc., a NASDAQ-traded financial technology company; the merger should be complete by the end of this month. Once the merger is finalized, MICT will…

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Monday Nov 07, 2022 - 11:55 am

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Announces Q3-2022 Results, Continued Strengthening of Leading Position in Uranium, Rare Earth Elements

Energy Fuels (NYSE American: UUUU) (TSX: EFR) announced its financial results for the quarter ended Sept. 30, 2022. Among the highlights, the company reported a robust balance sheet with $122.3 million of working capital as of Sept. 30, 2022, including $77.1 million of cash and cash equivalents, $11.6 million of marketable securities, $27.3 million of inventory, and no short-term (or long-term) debt. The company’s product…

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Friday Oct 21, 2022 - 11:58 am

InvestorNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Now Available in AWS Marketplace

D-Wave Quantum Inc. (NYSE: QBTS), a leader in quantum computing systems, software and services, and the only quantum computing company building both annealing and gate-model quantum computers, has launched in AWS Marketplace. The first and only pure-play quantum computing company with offerings available in AWS Marketplace, D-Wave’s offerings will include the Leap(TM) quantum cloud service, which offers real-time access to D-Wave’s state-of-the-art quantum computers as…

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Thursday Oct 20, 2022 - 1:51 pm

InvestorNewsBreaks – Tingo Inc. (TMNA) Enters Trade Agreement with Nigeria Ag/Commodities Umbrella Organization

Tingo (OTC: TMNA), a leading agri-fintech business in Africa, has signed a trade agreement with the All Farmers Association of Nigeria (“AFAN”). Tingo has signed a merger agreement to be acquired by MICT Inc. (NASDAQ: MICT); AFAN is the umbrella body of the 56 recognized commodities and agricultural associations in Nigeria. According to the agreement, AFAN will add a minimum of 20 million additional subscribers, which…

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Monday Oct 10, 2022 - 9:49 am

InvestorNewsBreaks – Silo Pharma Inc. (NASDAQ: SILO) Initiates Safety Evaluation Study of Its Novel Time-Released Ketamine Formulation

Silo Pharma (NASDAQ: SILO) is a developmental stage biopharmaceutical company focused on merging traditional therapeutics with psychedelic research. The company today announced that it has initiated a preclinical toxicity study of its novel time-released, dosage controlled formulation of ketamine, designated as SP-26, for the treatment of fibromyalgia. “We are working closely with our joint venture partner Zylö Therapeutics in developing a topical sustained released ketamine…

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