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$NIO NIO Stock (NIO) Surges on High Volume, Analysts Eye Over 30% Upside to $4.74 Target
$LTRY News: Lottery.com Announces $10 Million Acquisition of GXR World Sports Assets to Power Global Launch of Sports.com Super App
FORT WORTH, Texas, June 26, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ: LTRY, LTRYW) (“Lottery.com” or “the Company”), a leading technology company transforming the intersection of gaming, sports and entertainment, today announced it is advancing its global expansion with the planned launch of the Sports.com Super App (the “Super App”)—a first-of-its-kind digital destination for sports fans worldwide. The Super App is designed to combine live streaming, social engagement, e-commerce and gamification into a single immersive ecosystem.
The Super App, which is scheduled to launch in select global markets in Q3 2025, will initially focus on soccer and motorsport—two verticals Sports.com has been aggressively expanding into through a series of high-profile sponsorships and strategic initiatives. The Super App will be built on an existing platform development by Galaxy Racer Holdings Limited (“GXR”), The GXR app has achieved more than one million monthly active subscribers organically, demonstrating significant early traction and category-defining potential.
“We’ve spent the past two years building Sports.com around key pillars like soccer and motorsport,” said Mark Bircham, Director of Sports.com. “This acquisition and the launch of the Sports.com Super App is the culmination of a precise strategy to consolidate fragmented sports experiences. Our partnerships with emerging motorsport stars like Callum Ilott, Louis Foster, and Sebastian Murray, along with this technology acquisition sets the stage for an aggressive media expansion that will redefine how fans watch, play and engage with their favorite leagues, teams, and players.”
The Super App will integrate six primary features into a single experience: live streaming, community chat hubs, stats-based social media, e-commerce, real-money and fantasy sports gaming, and sports news. The Super App aims to engage fans across the full lifecycle of the sports experience, tapping into the 4–5 hours of average fan interaction beyond match time each week.
Revenue streams will include premium streaming subscriptions, in-app advertising, merchandising and interactive gamified challenges. Plans are underway to extend into additional sports verticals and incorporate immersive streaming experiences later this year.
To accelerate the development timeline for the Super App, Lottery.com has signed a Letter of Intent (LOI) to acquire a 51% controlling interest in the sports and technology assets of GXR, valuing the transaction at $10 million pre-money. Subject to due diligence and final agreement, the deal allows Lottery.com to fund the $5.1 million initial investment via cash, stock, or a combination at a fixed $3.00 share price. A $15 million financing commitment has also been pledged by Lottery.com to fuel expansion of the Sports.com Super App.
All GXR unencumbered assets, including its tech stack and user base, will be transferred to a new entity (NewCo), of which Lottery.com will initially own 51%. The agreement includes a call option to acquire 100% ownership of NewCo by the end of 2027. Exclusivity has been secured through June 30, 2025, with an automatic 30-day extension, and closing is anticipated on or before August 1, 2025.
“This is a transformational moment for the worldwide sports media ecosystem,” said Paul Roy, Founder and CEO of GXR. “Together with Lottery.com and Sports.com, we are developing the world’s first true sports super app. As global licensing discussions advance, and integration with the Lottery.com family of brands begins, we see a future where fans control their entire live event experience—on the Super App, across all screens, in every corner of the globe.”
About Lottery.com
The Lottery.com Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Sports.com, Tinbu and WinTogether, comprise a unified ecosystem that integrates gaming, entertainment, and sports. Follow the Company on X, Instagram and Facebook.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company’s strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “initiatives,” “continue,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to, expectations related to the investigation of short selling or potential naked short selling, including the Company’s analysis, its ability to take appropriate corrective action, or any potential investigations by regulators; any future findings from ongoing review of the Company’s internal accounting controls; additional examination of the preliminary conclusions of such review; the Company’s ability to secure additional capital resources; the Company’s ability to continue as a going concern; the Company’s ability to respond in a timely and satisfactory matter to the inquiries by Nasdaq; the Company’s ability to regain compliance with the Bid Price Requirement; the Company’s ability to regain compliance with Nasdaq Listing Rules; the Company’s ability to become current with its SEC reports; and those additional risks and uncertainties discussed under the heading “Risk Factors” in the Form 10-K/A filed by the Company with the SEC on April 22, 2025, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC’s website at www.sec.gov. Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release.
This press release was published by a CLEAR® Verified individual.
https://www.globenewswire.com/newsroom/ti?nf=OTQ4NTE0MCM3MDE2MDYzIzIyMDk2MzU=
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For more information, please visit www.lottery.com or contact our media relations team at press@lottery.com.
Source: Lottery.com Inc.
$LTRY News: Lottery.com Appoints Tim Scoffham as CEO to Lead Global Expansion of Sports.com Media and Lottery.com International
FORT WORTH, Texas, June 24, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ: LTRY, LTRYW) (“Lottery.com” or “the Company”), a leading technology company transforming the intersection of gaming, sports and entertainment, today announced the appointment of Tim Scoffham as Chief Executive Officer of Sports.com Media Group Limited (“Sports.com Media”) and Lottery.com International Limited (“Lottery.com International”), effective immediately. The appointment follows a successful consultancy period beginning in May 2024, during which Tim helped shape the Company’s global growth strategy across iGaming and digital sports media.
With more than 20 years of leadership in gaming, media, and entertainment, Tim is widely recognized as a veteran operator in media, sports entertainment and gaming sectors. His international experience and ability to execute high-growth, regulated strategies across emerging markets make him an ideal fit to lead these businesses into their next chapter.
Tim will oversee the strategic integration and international expansion of Sports.com Media, a premium digital sports content and engagement platform, and Lottery.com International, the Company’s iGaming and international lottery division focused on delivering secure, compliant, and entertaining lottery experiences across key global markets. His leadership will focus on aligning commercial, media, and technology platforms, bolstering regulatory partnerships, and unlocking scalable, revenue-generating opportunities in high-growth jurisdictions.
“Our Company is delighted with this appointment,” said Matthew McGahan, CEO and Chairman of Lottery.com. “Tim brings energy, credibility, and international expertise. His bold, entrepreneurial leadership style and deep experience in both gaming and media are precisely what we need at this inflection point. We are seeing strong forward momentum in the business and the markets, and Tim’s appointment gives us further confidence in our global roadmap. He is fully aligned with our vision to build Lottery.com and Sports.com into powerhouse global brands.”
Tim Scoffham added: “It’s an incredibly exciting time to join Lottery.com in a full-time leadership capacity at Sports.com Media and Lottery.com International, both of which represent unique global opportunities. The Sports.com and Lottery.com brands sit at the intersection of sports, gaming, and immersive content, and I believe we’re only scratching the surface of what they can become. With outstanding teams already in place and a unified international strategy underway, I’m looking forward to accelerating growth, strengthening partnership, and delivering long-term value to Lottery.com shareholders.”
About Sports.com Media
Sports.com Media Group Limited, a wholly-owned subsidiary of Lottery.com Inc., is a next-generation digital platform delivering premium sports content, immersive fan experiences, and real-time engagement to a global audience. Focused on innovation, original formats, and media-rights partnerships, Sports.com is shaping the future of sports storytelling and digital fan engagement.
About Lottery.com International
Lottery.com International Limited, a wholly-owned subsidiary of Lottery.com Inc., provides a secure and compliant iGaming and global lottery platform that enables users to participate in international lottery games through digital channels. The platform is focused on regulated market expansion, localized offerings, and sustainable, high-margin growth.
Under Tim Scoffham’s leadership, both businesses will continue the expansion of Sports.com and Lottery.com into globally recognized brands—driven by innovation, strategic execution, and an unwavering commitment to compliance and user experience.
About Lottery.com
The Lottery.com Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Sports.com, Tinbu and WinTogether, comprise a unified ecosystem that integrates gaming, entertainment, and sports. Follow the Company on X, Instagram and Facebook.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company’s strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “initiatives,” “continue,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to, expectations related to the investigation of short selling or potential naked short selling, including the Company’s analysis, its ability to take appropriate corrective action, or any potential investigations by regulators; any future findings from ongoing review of the Company’s internal accounting controls; additional examination of the preliminary conclusions of such review; the Company’s ability to secure additional capital resources; the Company’s ability to continue as a going concern; the Company’s ability to respond in a timely and satisfactory matter to the inquiries by Nasdaq; the Company’s ability to regain compliance with the Bid Price Requirement; the Company’s ability to regain compliance with Nasdaq Listing Rules; the Company’s ability to become current with its SEC reports; and those additional risks and uncertainties discussed under the heading “Risk Factors” in the Form 10-K/A filed by the Company with the SEC on April 22, 2025, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC’s website at www.sec.gov. Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ddd041d2-dfd1-40b2-ae96-d48dad3d080e
This press release was published by a CLEAR® Verified individual.
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For more information, please visit www.lottery.com or contact our media relations team at press@lottery.com.
Tim Scoffham, CEO of Sports.com Media LTD and Lottery.com International LTD.
Source: Lottery.com Inc.
$LTRY News: Lottery.com Regains Nasdaq Compliance as Stock Trading Activity Soars
FORT WORTH, Texas, June 23, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ: LTRY; LTRYW) (“Lottery.com” or “the Company”) received formal notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) confirming that the Company has regained compliance with Nasdaq Listing Rule 5450(a)(1), which requires a minimum bid price of $1.00 (the “Rule”). The Company met this requirement by maintaining a closing bid price of $1.00 or higher for twenty consecutive business days from May 21 through June 18, 2025. Nasdaq has officially closed the matter.
This confirmation marks more than just a technical compliance milestone—it underscores the momentum Lottery.com has built in recent weeks. In the 20-day period leading up to regaining compliance with Rule, Lottery.com’s stock experienced exceptional market activity, with daily trading volumes frequently exceeding 30 million shares. On May 27, 2025, Lottery.com recorded trading volume of more than 166 million shares, ranking among the most actively traded stocks on Nasdaq that day.
Matthew McGahan, Chairman, CEO, and President of Lottery.com, commented:
“This isn’t just a moment of compliance—this is a true turning point. The level of engagement from the markets over the last 20 days, combined with our recent momentum, demonstrates that our turnaround is real, visible and gaining traction. We are entering our next chapter with a key compliance determination from Nasdaq, a reinforced leadership team and a Company that is starting to fire on all cylinders. Our investors have seen the difference—and the volume speaks for itself.”
As part of this renewed momentum, the Company recently appointed actor and media executive Tamer Hassan as President of Sports.com Studios, further strengthening its media and entertainment vertical. The Company also continues to work with legal advisors, including Paul Hastings LLP, in its investigation into suspected illegal short selling and is prepared to take legal action against any parties found to have manipulated its stock.
About Lottery.com
The Lottery.com Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Sports.com, Tinbu and WinTogether, comprise a unified ecosystem that integrates gaming, entertainment, and sports. Follow the Company on X, Instagram and Facebook.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company’s strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “initiatives,” “continue,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to, expectations related to the investigation of short selling or potential naked short selling, including the Company’s analysis, its ability to take appropriate corrective action, or any potential investigations by regulators; any future findings from ongoing review of the Company’s internal accounting controls; additional examination of the preliminary conclusions of such review; the Company’s ability to secure additional capital resources; the Company’s ability to continue as a going concern; the Company’s ability to respond in a timely and satisfactory matter to the inquiries by Nasdaq; the Company’s ability to regain compliance with the Bid Price Requirement; the Company’s ability to regain compliance with Nasdaq Listing Rules; the Company’s ability to become current with its SEC reports; and those additional risks and uncertainties discussed under the heading “Risk Factors” in the Form 10-K/A filed by the Company with the SEC on April 22, 2025, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC’s website at www.sec.gov. Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release.
https://www.globenewswire.com/newsroom/ti?nf=OTQ4MjYzOSM3MDEyNjcwIzIyMDk2MzU=
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For more information, please visit www.lottery.com or contact our media relations team at press@lottery.com.
Source: Lottery.com Inc.
$CYCU News: Cycurion, Inc. Partners with the Independent Colleges and Universities of Florida (ICUF) as a Preferred Vendor
Cycurion may now provide cybersecurity services and products to the 30 ICUF member institutions
MCLEAN, Va., June 12, 2025 (GLOBE NEWSWIRE) -- Cycurion, Inc. (Nasdaq: CYCU) (“Cycurion” or the “Company”), a trusted leader in IT cybersecurity solutions and AI, announces they have partnered with ICUF as a Preferred Vendor to bring a line of robust cybersecurity solutions to 30 ICUF member institutions. Recognizing that higher education institutions manage vast amounts of sensitive data—including personal, financial, and research information—Cycurion’s advanced suite of services can provide protection against evolving cyber threats.
Cycurion will conduct a webinar for the ICUF member institutions to inform them about the marquee MSSP solution, Cyber Shield.
“We are very pleased to bring the cybersecurity protections offered by Cycurion directly to our member institutions, which reflects ICUF’s ongoing commitment to offering its members access to leading cybersecurity resources and expertise,” states Traci A. Ray, Vice President for Advocacy and Special Programs. “We look forward to a long partnership with Cycurion.”
Cycurion CEO, Kevin Kelly added, “We are excited about our new partnership with ICUF. This new relationship bringing cyber security offerings directly to their members is consistent with our already existing relationship and support for Illinois colleges and universities. We are pleased to offer the ICUF institutions affordable, comprehensive cybersecurity protections.”
About Cycurion
Based in McLean, Virginia, Cycurion (Nasdaq: CYCU) is a forward-thinking provider of IT cybersecurity solutions and AI, committed to delivering secure, reliable, and innovative services to clients worldwide. Specializing in cybersecurity, program management, and business continuity, Cycurion harnesses its AI-enhanced ARx platform and expert team to empower clients and safeguard their operations. Along with its subsidiaries, Axxum Technologies, Cloudburst Security, and Cycurion Innovation, Inc., Cycurion serves government, healthcare, and corporate clients with a commitment to securing the digital future.
About Independent Colleges and Universities of Florida (ICUF)
Established in 1965, ICUF is the collective voice of Florida’s private non-profit colleges and universities. ICUF is a 501(c)(6) association incorporated in the state of Florida.
ICUF represents Florida’s 30 private, nonprofit colleges and universities, supporting member institutions in advancing access, affordability, and quality in higher education.
Forward Looking Statements
This press release contains statements that are forward-looking statements as defined within the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements relating to the operations and prospective growth of Cycurion’s business.
Many factors could cause Cycurion’s actual results, performance, or achievements to be materially different from any future results, performance, or achievements described in this press release, including words such as “continue”, “expect”, “intend”, “will”, “hope”, “should”, “would”, “may”, “potential”, and other similar expressions. Such factors could include, among others, those detailed in its Registration Statement on Form S-1 and in its Annual Report on Form 10-K, each as filed with the Securities and Exchange Commission (the “SEC”). Should one or more of these risks or uncertainties materialize, or should the assumptions set out in the section entitled “Risk Factors” in those filings with the SEC underlying those forward-looking statements prove incorrect, actual results may vary materially from those described herein. These forward-looking statements are made as of the date of this press release and Cycurion does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by law. Cycurion cannot assure that such statements will prove to be accurate as actual results, and future events could differ materially from those anticipated in such statements. Individuals are cautioned that forward-looking statements are not guarantees of future performance and, accordingly, investors are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty therein.
Investor Contact:
CORE IR
investors@cycurion.com
Media Contact:
Phone: (703) 555-0123
Email: media@cycurion.com
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Source: Cycurion
$IQST News: IQSTEL (NASDAQ: IQST) Issues Follow-Up Shareholder Letter Highlighting NASDAQ Benefits, $57.6M Q1 Revenue, and $14.58 Assets Per Share on Path to $1 Billion
NEW YORK, May 20, 2025 /PRNewswire/ -- IQSTEL Inc. (NASDAQ: IQST), a U.S.-based multinational technology company, today issued a follow-up shareholder letter to reinforce the strategic value of its recent NASDAQ uplisting and to highlight the company's most important operational and financial metrics.
This communication outlines IQSTEL's transformation into a high-tech global enterprise, backed by strong fundamentals and a clear path to $1 billion in annual revenue by 2027.
Key metrics and updates underscore why we believe our stock remains significantly undervalued:
Current Assets Per Share (Q1 2025): $14.58
Current Revenue Per Share: Over $100
Current Stockholders' Equity Per Share (Q1 2025): $4.38
Current Outstanding Shares: 2.9 million
Current Market Cap: 0.10x our Revenue in 2024
2025 Revenue Forecast: $340 million
Year-End Run Rate Goal: $400 million
Year-End Revenue Mix Goal: 80% Telecom / 20% Tech Services
Trading212.com now supports IQST again for European-based investors
IQSTEL's NASDAQ listing enhances visibility, unlocks institutional investment, increases customer confidence, and positions the company to execute larger, EBITDA-positive acquisitions without dilution.
Shareholder Letter – May 20, 2025
Dear Shareholders,
Just days ago, we celebrated our official listing on the NASDAQ Capital Market under the ticker IQST—a transformational milestone that opens the door to unprecedented commercial, financial, and strategic opportunities.
Following this milestone, we received several thoughtful questions from our shareholders regarding the impact of this listing and our forward strategy. In response, we've prepared this Shareholder Letter to provide greater clarity and reaffirm the benefits of this moment, while summarizing the most critical indicators of IQSTEL's financial strength and long-term growth potential.
Key Shareholder Takeaways
Current Assets Per Share (Q1 2025): $14.58
Current Revenue Per Share: Over $100
Current Stockholders' Equity Per Share (Q1 2025): $4.38
Current Outstanding Shares: 2.9 million
Current Market Cap: 0.10x our Revenue in 2024
Q1 2025 Revenue: $57.6M
2025 Revenue Forecast: $340 million
Year-End Run Rate Goal: $400 million
Year-End Revenue Mix Goal: 80% Telecom / 20% Tech Services
Countries of Commercial Footprint : 21
Employees: 100+
Business Relationships: 600+ global interconnections
Telecom Division (99% revenue stream): Positive Adjusted EBITDA and Positive Net Income
Trading212.com now supports IQST again for European-based investors
What Shareholders Can Expect as a NASDAQ Company
1. Institutional Access & Global Liquidity
IQSTEL is now available to institutional funds and platforms like Trading212.com in the UK and Europe.
Global retail and institutional investors can participate more easily in our story.
2. Commercial Trust and Growth Acceleration
We already handle hundreds of millions in B2B telecom transactions annually.
Our NASDAQ status boosts credibility with customers and partners—catalyzing growth.
3. Shareholder-Friendly Capital Structure
Fewer than 2.9 million shares outstanding.
No capital raise or dilution for the NASDAQ uplisting.
All convertibles mature in Q1 2026—no short-term pressure.
4. Revaluation Opportunity
IQSTEL trades at ~0.10x 2024 revenue.
NASDAQ peers in telecom/tech often trade at 1.0x or more—even without profitability.
5. Strong M&A Capability
Our stock is now a more attractive currency for acquiring EBITDA-positive businesses.
We are actively targeting strategic acquisitions in telecom, fintech, AI, and cybersecurity.
Delivering on Our Promises—Built on Execution, Not Hype
At IQSTEL, we don't just set goals—we deliver on them. Over the past seven years, we've earned a reputation for consistent execution, operational discipline, and transparency. Everything we've told our nearly 20,000 shareholders we would accomplish—we have. That track record speaks louder than any forecast and forms the foundation for the next phase of our growth.
Here's a summary of how we've kept our word:
Sustained Revenue Growth: From $13.8 million in 2018 to $283 million in 2024—consistently meeting or exceeding our revenue forecasts year after year.
Robust Corporate Governance: Audit, Compensation, and Ethics Committees are fully established, supported by an independent Board of Directors and annual shareholder meetings that ensure transparency and accountability.
NASDAQ Uplisting Achieved: From Pink Sheets to QB, then OTCQX, and now NASDAQ in 2025—without a capital raise or any shareholder dilution.
Enhanced Shareholder Value: Revenue Per Share now exceeds $100, a strong reflection of our disciplined approach to growth and value creation.
Balance Sheet Strength: We met NASDAQ's equity requirements without raising capital—an uncommon achievement that shows the strength of our business.
Equity Growth: From a negative equity position of ($1.6 million) or -$0.11 per share in 2018, to $11.6 million or $4.38 per share as of March 31, 2025.
These are not projections. These are results. They represent our commitment to building a company that delivers real shareholder value—not just vision, but verifiable performance.
Because We Deliver on Our Promises, These Are the Goals We Are Now Pursuing in 2025
Our consistent execution over the past seven years gives us the confidence—and credibility—to set ambitious but achievable objectives for 2025. These goals are not aspirational statements; they are measurable targets rooted in our proven ability to grow revenue, manage costs, and build shareholder value. With a scalable model, a trusted global platform, and momentum from our NASDAQ listing, we believe the following objectives are well within reach:
Revenue: $340 million
Adjusted EBITDA (Operating Subsidiaries): $3 million+
Net Income (Operating Subsidiaries): 7-digit
Year-End Revenue Run Rate: $400 million
Year-End Revenue Mix Goal: 80% Telecom / 20% Tech
Strategic Acquisitions: Targeting companies with positive EBITDA and synergy potential
Built for the Future
IQSTEL's future is tech-driven and margin-focused. We're now leveraging our trusted telecom platform to deliver:
High Tech Telecom Services: eSIM, roaming, numbering
Fintech Services: remittance, mobile banking
AI-Driven Customer Platforms: automation, support, lead generation
Cybersecurity Solutions: tailored for telecom operators and infrastructure clients
Final Thoughts
IQSTEL is now a global public company with robust fundamentals, scalable operations, and powerful visibility. With strong momentum and aligned shareholder interests, we are executing our plan to reach $1 billion in revenue by 2027—profitably and sustainably.
Thank you to our nearly 20,000 shareholders. The best is just beginning.
If you have any questions about our NASDAQ uplisting or our 2025 goals, please don't hesitate to contact us at questions@iqstel.com.
Sincerely,
Leandro Iglesias
President & CEO
IQSTEL Inc. (NASDAQ: IQST)
About IQSTEL Inc.
IQSTEL Inc. (NASDAQ: IQST) is a multinational technology company providing advanced solutions across Telecom, High-Tech Telecom Services, Fintech, AI-Powered Telecom Platforms, and Cybersecurity. With operations in 21 countries and a team of 100 employees, IQSTEL serves a broad global customer base with high-value, high-margin services. Backed by a strong and scalable business platform, the company is forecasting $340 million in revenue for FY-2025, reinforcing its trajectory toward becoming a $1 billion tech-driven enterprise by 2027.
Use of Non-GAAP Financial Measures: The Company uses certain financial calculations such as Adjusted EBITDA, Return on Assets and Return on Equity as factors in the measurement and evaluation of the Company's operating performance and period-over-period growth. The Company derives these financial calculations on the basis of methodologies other than generally accepted accounting principles ("GAAP"), primarily by excluding from a comparable GAAP measure certain items the Company does not consider to be representative of its actual operating performance. These financial calculations are "non-GAAP financial measures" as defined under the SEC rules. The Company uses these non-GAAP financial measures in operating its business because management believes they are less susceptible to variances in actual operating performance that can result from the excluded items, other infrequent charges and currency fluctuations. The Company presents these financial measures to investors because management believes they are useful to investors in evaluating the primary factors that drive the Company's core operating performance and provide greater transparency into the Company's results of operations. However, items that are excluded and other adjustments and assumptions that are made in calculating these non-GAAP financial measures are significant components in understanding and assessing the Company's financial performance. These non-GAAP financial measures should be evaluated in conjunction with, and are not a substitute for, the Company's GAAP financial measures. Further, because these non-GAAP financial measures are not determined in accordance with GAAP, and are thus susceptible to varying calculations, the non-GAAP financial measures, as presented, may not be comparable to other similarly-titled measures of other companies.
Adjusted EBITDA is not a recognized accounting measurement under GAAP; it should not be considered as an alternative to net income, as a measure of operating results, or as an alternative to cash flow as a measure of liquidity. It is presented here not as an alternative to net income, but rather as a measure of the Company's operating performance. Adjusted EBITDA excludes, in addition to non-operational expenses like interest expenses, taxes, depreciation and amortization; items that we believe are not indicative of our operating performance, such as:
Change in Fair Value of Derivative Liabilities: These adjustments reflect unrealized gains or losses that are non-operational and subject to market volatility.
Loss on Settlement of Debt: This represents non-recurring expenses associated with specific financing activities and does not impact ongoing business operations.
Stock-Based Compensation: As a non-cash expense, this adjustment eliminates variability caused by equity-based incentives.
The Company believes Adjusted EBITDA offers a clearer view of the cash-generating potential of its business, excluding non-recurring, non-cash, and non-operational impacts. Management believes that Adjusted EBITDA is useful in evaluating the Company's operating performance compared to that of other companies in its industry because the calculation of Adjusted EBITDA generally eliminates the effects of financing, income taxes, non-cash and certain other items that may vary for different companies for reasons unrelated to overall operating performance and also believes this information is useful to investors.
Safe Harbor Statement: Statements in this news release may be "forward-looking statements". Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions, or any other information relating to our future activities or other future events or conditions. Words such as "anticipate," "believe," "estimate," "expect," "intend", "could" and similar expressions, as they relate to the company or its management, identify forward-looking statements. These statements are based on current expectations, estimates, and projections about our business based partly on assumptions made by management. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: our ability to successfully market our products and services; our continued ability to pay operating costs and ability to meet demand for our products and services; the amount and nature of competition from other telecom products and services; the effects of changes in the cybersecurity and telecom markets; our ability to successfully develop new products and services; our ability to complete complementary acquisitions and dispositions that benefit our company; our success establishing and maintaining collaborative, strategic alliance agreements with our industry partners; our ability to comply with applicable regulations; our ability to secure capital when needed; and the other risks and uncertainties described in our prior filings with the Securities and Exchange Commission.
These statements are not guarantees of future performance and involve risks, uncertainties, and assumptions that are difficult to predict. Therefore, actual outcomes and results may and are likely to differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release, and IQSTEL Inc. undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.
For more information, please visit www.IQSTEL.com.
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SOURCE iQSTEL
$CYCU: Cycurion Secures $33 Million Contract Renewal to Enhance Cybersecurity for State-Level Public Higher Education Institutions
MCLEAN, Va., May 13, 2025 (GLOBE NEWSWIRE) -- Cycurion (Nasdaq: CYCU) (“Cycurion” or the “Company”), a trusted leader in IT cybersecurity solutions and AI, announces that it has been awarded a significant contract renewal by a major state-level public higher education group. Under this renewed agreement, Cycurion will deliver comprehensive cybersecurity services to member universities and colleges within the group, ensuring they are equipped to defend their education-focused operations and digital assets against the ever-evolving landscape of cyber threats. The renewal, valued at $33 million over the five-year term, extends Cycurion’s partnership through November 2030.
Comprehensive Cybersecurity Services
As part of this renewed contract, Cycurion will provide an extensive suite of cybersecurity and governance, risk, and compliance (GRC) 24x7x365 managed support services, which include:
Enterprise Security Strategy: Developing a holistic approach to security that aligns with institutional goals and protects valuable digital assets
Risk & Vulnerability Assessment & Testing: Continuous evaluation and testing of security measures to identify vulnerabilities and enhance defenses
Disaster Recovery: Strategies and solutions to restore systems and data after disruptive events
Business Continuity Planning: Ensuring ongoing operations during and after a security incident
Forensics and Recovery Services: Comprehensive support for incident investigation and data recovery
Regulatory Compliance Analysis: Assisting institutions in meeting federal and state compliance requirements
“We are honored to continue serving this key state-level public higher education group customer,” said L. Kevin Kelly, CEO of Cycurion. “The contract underscores the capabilities and value proposition of Cycurion’s suite of managed information technology support services and our commitment to minimizing cybersecurity risk for our education vertical clients.”
Opportunity for Broader Access
In addition to the member institutions of this State-Level Public Higher Education Group, any university or governmental entity across the United States can leverage this contract vehicle to access our cybersecurity services. The contract provides a streamlined pathway for educational and governmental organizations to enhance their cybersecurity posture without the need for an extensive procurement process.
About Cycurion
Based in McLean, Virginia, Cycurion (NASDAQ: CYCU) is a forward-thinking provider of IT cybersecurity solutions and AI, committed to delivering secure, reliable, and innovative services to clients worldwide. Specializing in cybersecurity, program management, and business continuity, Cycurion harnesses its AI-enhanced ARx platform and expert team to empower clients and safeguard their operations. Along with its subsidiaries, Axxum Technologies, LLC, Cloudburst Security, LLC, and Cycurion Innovation, Inc., Cycurion serves government, healthcare, and corporate clients with a commitment to securing the digital future.
Forward Looking Statements
This press release contains statements that are forward-looking statements as defined within the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements relating to the operations and prospective growth of Cycurion’s business. Many factors could cause Cycurion’s actual results, performance, or achievements to be materially different from any future results, performance, or achievements described in this press release, including words such as “continue”, “expect”, “intend”, “will”, “hope”, “should”, “would”, “may”, “potential”, and other similar expressions. Such factors could include, among others, those detailed in its Registration Statement on Form S-4 and in its Annual Report on Form 10-K, each as filed with the Securities and Exchange Commission (the “SEC”). Should one or more of these risks or uncertainties materialize, or should the assumptions set out in the section entitled “Risk Factors” in those filings with the SEC underlying those forward-looking statements prove incorrect, actual results may vary materially from those described herein. These forward-looking statements are made as of the date of this press release and Cycurion does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by law. Cycurion cannot assure that such statements will prove to be accurate as actual results, and future events could differ materially from those anticipated in such statements. Individuals are cautioned that forward-looking statements are not guarantees of future performance and, accordingly, investors are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty therein.
Investor Contact:
CORE IR
investors@cycurion.com
Media Contact:
Phone: (703) 555-0123
Email: media@cycurion.com
$IQST - $IQSTD We made it to NASDAQ. What’s next? The uplisting brings immediate and long-term strategic advantages across 8 key dimensions. Discover them in the images below #Nasdaq #otc #uplisting #billoon #future #IQST #IQSTD #telecom #fintech #AI #cybersecurity
$IQST - $IQSTD We made it to NASDAQ💪. What’s next?
— IQSTEL Inc. (NASDAQ: IQST) (@IQstel) May 15, 2025
The uplisting brings immediate and long-term strategic advantages across 8 key dimensions. Discover them in the images below ➡️#Nasdaq #otc #uplisting #billoon #future #IQST #IQSTD #telecom #fintech #AI #cybersecurity pic.twitter.com/hA04XhZKhT
$CYCU: Cycurion, Inc. Announces $6 Million Contract Award by Major Municipal Transportation Agency
Award demonstrates Cycurion’s growth in public, transportation sector through comprehensive IT and cybersecurity services offering
MCLEAN, Va., April 29, 2025 (GLOBE NEWSWIRE) -- Cycurion (Nasdaq: CYCU) (“Cycurion” or the “Company”), a trusted leader in IT cybersecurity solutions and AI, announces it has been awarded a $6 million contract by a major municipal transportation agency. Under this contract, Cycurion will deliver a wide range of professional consulting services, including Audit and Cybersecurity Services, Organizational Change Management Consulting, Data Analytics, and Information Technology Services. The Scope of Work also potentially includes the integration of Cycurion’s proprietary ARx platform to further enhance operational and cybersecurity capabilities.
Cycurion brings extensive transportation sector expertise, combined with a strong track record in defining and measuring organizational performance to address deficiencies. Specific services provided will include Risk and Vulnerability Assessments, Regulatory Compliance Analysis, Enterprise Cybersecurity Strategy Development, Testing, and Vulnerability Management.
“The contract with this major municipal transportation agency demonstrates the utility of our full range of capabilities within the municipal transportation sector, and represents an important expansion into that vertical,” said L. Kevin Kelly, CEO of Cycurion. “This award further highlights our strategic growth and ongoing commitment to helping our clients manage risk, drive innovation, and achieve operational excellence. We look forward to leveraging our full team’s broad resources and deep industry expertise to deliver best-in-class solutions.”
Cycurion continues to drive its overarching strategy to expand its presence among the broader public sector services market – including that of transportation – along with the broadening of its service offerings to include higher value IT and leading cybersecurity services.
About Cycurion
Based in McLean, Virginia, Cycurion (NASDAQ: CYCU) is a forward-thinking provider of IT cybersecurity solutions and AI, committed to delivering secure, reliable, and innovative services to clients worldwide. Specializing in cybersecurity, program management, and business continuity, Cycurion harnesses its AI-enhanced ARx platform and expert team to empower clients and safeguard their operations. Along with its subsidiaries, Axxum Technologies, Cloudburst Security, and Cycurion Innovation, Inc., Cycurion serves government, healthcare, and corporate clients with a commitment to securing the digital future.
Forward Looking Statements
This press release contains statements that are forward-looking statements as defined within the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements relating to the operations and prospective growth of Cycurion’s business.
Many factors could cause Cycurion’s actual results, performance, or achievements to be materially different from any future results, performance, or achievements described in this press release, including words such as “continue”, “expect”, “intend”, “will”, “hope”, “should”, “would”, “may”, “potential”, and other similar expressions. Such factors could include, among others, those detailed in its Registration Statement on Form S-4 and in its Annual Report on Form 10-K, each as filed with the Securities and Exchange Commission (the “SEC”). Should one or more of these risks or uncertainties materialize, or should the assumptions set out in the section entitled “Risk Factors” in those filings with the SEC underlying those forward-looking statements prove incorrect, actual results may vary materially from those described herein. These forward-looking statements are made as of the date of this press release and Cycurion does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by law. Cycurion cannot assure that such statements will prove to be accurate as actual results, and future events could differ materially from those anticipated in such statements. Individuals are cautioned that forward-looking statements are not guarantees of future performance and, accordingly, investors are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty therein.
Investor Contact:
CORE IR
investors@cycurion.com
Media Contact:
Phone: (703) 555-0123
Email: media@cycurion.com
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$CYCU: Cycurion, Inc. Announces Expansion into Latin America Through Partnership with LSV-TECH International of Colombia
Partnership Extends Cycurion’s Sales Presence Into 135 Countries via LSV’s Strategic Partnership with Nokia
MCLEAN, Va., April 22, 2025 (GLOBE NEWSWIRE) -- Cycurion (Nasdaq: CYCU) (“Cycurion” or the “Company”), a trusted leader in IT cybersecurity solutions and AI, announces a partnership with LSV-TECH International Consortium for Digital Transformation and Technological Innovation to expand the new Managed Security Services Platform (MSSP) Cyber Shield into Latin America and strengthen cross-border interconnections globally.
The partnership is commencing through a pilot program with several Colombian universities to showcase the new MSSP Cyber Shield. LSV-TECH has long-term, established relationships with several higher education institutions in Colombia, wherein strategic alliances aimed at developing digital talent and strengthening capabilities in new technologies have been developed. Its academic partners include the Popular University of Cesar, the University of La Guajira, the University of North Barranquilla, the University of Valle Cali, the Intenalco University Cali, the Antioquia University Medellin, the University of Cartagena, the Major University Institution of Cartagena, the Rafael Núñez University, the Technological University of Bolívar, and the University of Sinú. These relationships allow for joint efforts in applied research, professional internships, training in emerging technologies, AI, and open innovation programs.
With an established footprint predominantly in Latin America that will have an estimated $5 billion cybersecurity market in 2027 – Brazil, Spain, Peru, Chile, and Colombia – along with its strategic global partnership with Nokia, acting as a primary IT service provider in over 135 countries, LSV-TECH plays a critical role in implementing and maintaining essential technological solutions that enhance global connectivity. Cycurion’s partnership with LSV-TECH greatly enhances the Company’s high impact, yet cost-effective, MSPP Cyber Shield solution sales reach, enabling it to penetrate a vast network of potential government, education, and enterprise clients globally.
Cycurion Vice President Michael Phillips, emphasizing the significance of the Cycurion/LSV partnership, stated, "This partnership is a pivotal opportunity for Cycurion, as it creates additional opportunities to expand our business in a critical global market, while also expanding our capabilities for current and future clients." Highlighting the strategic advantage of LSV's Latin American presence, he continued, "Cybersecurity is a common challenge worldwide and partnering with LSV-TECH in Columbia provides an entry point into the Latin American market from which we then expect to develop further expansion and growth via the Nokia connection."
About Cycurion
Based in McLean, Virginia, Cycurion (NASDAQ: CYCU) is a forward-thinking provider of IT cybersecurity solutions and AI, committed to delivering secure, reliable, and innovative services to clients worldwide. Specializing in cybersecurity, program management, and business continuity, Cycurion harnesses its AI-enhanced ARx platform and expert team to empower clients and safeguard their operations. Along with its subsidiaries, Axxum Technologies, Cloudburst Security, and Cycurion Innovation, Inc., Cycurion serves government, healthcare, and corporate clients with a commitment to securing the digital future.
About LSV-TECH
LSV-TECH was established in 2014. It is a trusted leading consortium in the field of digital transformation, which has consolidated its leadership by developing advanced technological solutions in key areas, such as cybersecurity, robotic process automation (RPA), the Metaverse, the Internet of Things (IoT), Artificial Intelligence (AI), and Big Data. Its comprehensive and adaptive approach enables organizations across diverse sectors to address the challenges of the digital age efficiently, securely, and with a forward-thinking vision.
LSV-TECH projects itself as a worldwide key player in the international technology ecosystem, combining innovation, global partnerships, and a commitment to developing local capabilities. Its consortium model offers a robust platform for advancing digital transformation in both the public and private sectors, serving as a benchmark in the convergence of technology, talent, and sustainability.
Forward Looking Statements
This press release contains statements that are forward-looking statements as defined within the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements relating to the operations and prospective growth of Cycurion’s business.
Many factors could cause Cycurion’s actual results, performance, or achievements to be materially different from any future results, performance, or achievements described in this press release, including words such as “continue”, “expect”, “intend”, “will”, “hope”, “should”, “would”, “may”, “potential”, and other similar expressions. Such factors could include, among others, those detailed in its Registration Statement on Form S-4 and in its Annual Report on Form 10-K, each as filed with the Securities and Exchange Commission (the “SEC”). Should one or more of these risks or uncertainties materialize, or should the assumptions set out in the section entitled “Risk Factors” in those filings with the SEC underlying those forward-looking statements prove incorrect, actual results may vary materially from those described herein. These forward-looking statements are made as of the date of this press release and Cycurion does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by law. Cycurion cannot assure that such statements will prove to be accurate as actual results, and future events could differ materially from those anticipated in such statements. Individuals are cautioned that forward-looking statements are not guarantees of future performance and, accordingly, investors are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty therein.
Investor Contact:
CORE IR
investors@cycurion.com
Media Contact:
Phone: (703) 555-0123
Email: media@cycurion.com
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$AMOD featured here: From Innovating To Protecting Its Shareholders: Alpha Moduss Strategy To Transform The Retail Market
By Meg Flippin, Benzinga
DETROIT, MICHIGAN - February 24, 2025 (NEWMEDIAWIRE) - Online, in cars and on mobile phones, data is being mined about consumers' likes and dislikes, the websites they visit and the brands they interact with. But that data mining, aimed at creating personalized shopping experiences, tends to end when the consumer enters the store, picks an item off the shelf or pays at checkout. Brands can't always know if the consumer liked the product, found the packaging appealing or if a display drew them in or turned them off.
Alpha Modus Holdings Inc. (NASDAQ: AMOD) wants to change that, and it is leveraging artificial intelligence (AI) to meet its objectives. The technology company specializing in AI-driven retail and fintech solutions uses sensors and AI to capture consumer sentiment and buyer impressions in the moments when they are first interacting with a product. To achieve that, Alpha Modus is building new technology, from digital signage to smart inventory management systems. It's deploying kiosks and targeted digital ads in an effort to make the shopping experience better for everyone.
Interacting With Consumers At The Point Of Sale
Take its digital signage, for starters. Through it, customers can interact with brands and receive targeted ads at the point of sale, providing brands with real-time information on a customer's age, gender and most significant emotions when interacting with the sign. With the company's smart inventory management solutions, brands know as soon as a product is removed from the store shelf.
Its latest offering, kiosks and mobile applications to serve the unbanked, provides another potential revenue stream for Alpha Modus. In partnership with CashXAI Inc., the fintech company going after the unbanked market, Alpha Modus is deploying kiosks to support several applications that include the ability to pay bills and loans, purchase gift cards and movie tickets, buy cryptocurrencies and transfer money.
As part of this initiative, Alpha Modus inked a deal with GlobeTopper, a platform for prepaid products and digital transactions, through which Alpha Modus gained the exclusive right to resell GlobeTopper's digital transaction products, including prepaid cards, event tickets, cryptocurrency services and remittance products. These kiosks, which will have Alpha Modus AI technology embedded in them, will be deployed at retailers, the company says, giving them the potential for a new revenue stream and customers a reason to come into their stores. It's a big opportunity, given there are 5.6 million unbanked households in the U.S. alone.
Deployment Commences
The aforementioned partnership is now in the deployment phase with Alpha Modus and CashX recently announcing that CashX is beginning deployment of these financial kiosks across a network of supermarkets initially in California and Colorado. According to the companies, they have a contract to deploy these kiosks in 10,000 locations by the end of 2026. Alpha Modus's AI technology is expected to be integrated into the kiosk during the second half of 2025. Each AI-powered CashX kiosk is projected to serve 1,250 unique visitors per month, reaching 150 million unique visits per year once all the kiosks are deployed - generating $75 million in annual ad revenue for Alpha Modus, reports the company.
"This is a defining moment for Alpha Modus. We see our AI technology revolutionizing the self-service financial kiosk industry, creating an entirely new revenue stream while providing critical services to millions of consumers," said William Alessi, CEO of Alpha Modus. "With projected advertising revenue alone reaching $75 million annually, we plan on delivering scalable, high-margin revenue growth for our investors during the deployment period."
Defending Its Business And Shareholders
Beyond innovating and inking partnerships, Alpha Modus is busy defending its IP and its reputation in the marketplace. Take its recently filed patent infringement lawsuit against Walgreens Boots Alliance Inc., for example. Alpha Modus filed a patent infringement lawsuit against the drug store chain in the United States District Court for the Eastern District of Texas, alleging Walgreens willfully infringed on Alpha Modus's patented AI-driven retail technology by deploying digital smart screens in its stores that copy the innovations protected under Alpha Modus's patents.
It follows recent actions Alpha Modus had taken against other retailers and technology providers. Alpha Modus says the cases reflect the company's commitment to protecting its technology and securing rightful recognition of its innovations. The first of these cases is set for trial in November 2025.
"We believe our technology is currently being used by scores of brands, retailers and technology providers. Our research demonstrates that, as a result, damages due Alpha Modus far exceed an estimated $500 million and could easily run into the billions over the life of our patents. This lawsuit is a necessary step to protect our intellectual property and uphold fair competition," says Alessi.
Shutting Down The 'Noise'
Alpha Modus is also making efforts to set the record straight about its business and performance from what the company calls "uninformed speculation by certain market participants." Alpha Modus's stock was under pressure amid what the company said were misconceptions about its business and its SPAC deal.
"In recent years, it's been the norm to compete for the exit door as so many of these SPAC transactions had finance structures surrounding the de-SPAC that encouraged selling," said Alessi. "Unlike most SPAC transactions in recent years, we worked diligently to secure prudent closing terms in our merger. We did not allow the issuance of commitment shares or warrants at a zero-cost basis that would otherwise incentivize selling. We did just the opposite. We painfully renegotiated existing sponsor side fees and reduced share issuances to the extent we could."
What's more, Alessi says that while short sellers may create "noise," it doesn't reflect the opportunities the company thinks it has ahead. The CEO noted the company is "laser-focused" on executing its strategy, which he said is built on strong fundamentals, a precise plan and a team of talented employees.
Having transitioned to a publicly traded entity, it was a fitting milestone for Alpha Modus when the company announced it would be ringing the closing bell at the NASDAQ MarketSite on Feb 20.
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$AMOD: Alpha Modus Holdings Inc. (NASDAQ: AMOD) Rings NASDAQ Closing Bell as It Continues Transformative Growth in AI-Driven Investments
CORNELIUS, N.C., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Alpha Modus Holdings, Inc. (Nasdaq: AMOD) (“Alpha Modus” or the “Company”), a pioneering technology-driven investment solutions provider, is proud to announce that it will ring the closing bell at the NASDAQ MarketSite in Times Square on Thursday, February 20, 2025. This prestigious ceremony marks a significant milestone in the Company’s journey as a publicly traded entity on NASDAQ.
This event highlights Alpha Modus’s focus on becoming a leader in AI-driven solutions, positioning the Company as a compelling opportunity for investors seeking exposure to next-generation AI financial and retail technology. By leveraging proprietary AI-powered tools, Alpha Modus hopes to redefine financial and retail technology, deliver enhanced performance and drive substantial value for stakeholders.
Event Details:
Date: Thursday, February 20, 2025
Time: 4:00 PM EST
Location: NASDAQ MarketSite, Times Square, New York City
Live Broadcast Link
“Ringing the NASDAQ closing bell is a testament to our relentless innovation and focus on establishing market leadership,” said William Alessi, CEO of Alpha Modus Holdings, Inc. “Alpha Modus is redefining how AI enhances the in-store consumer experience, and as we continue to expand, we believe this is a pivotal moment for investors looking to capitalize on the future of AI-driven technology.”
The bell-ringing ceremony will be broadcast live on NASDAQ’s website and financial news channels, allowing global audiences to join in celebrating this remarkable achievement.
Alpha Modus recently made headlines when its stock soared on news of the Company’s AI-powered retail expansion plan with CashX. This investor participation further solidifies the Company’s perceived position as a trailblazer in the AI-driven retail technology space. With a focus on scalability and consumer-centric solutions, Alpha Modus continues to attract attention from institutions and individual investors alike.
Investors and media representatives are invited to join this momentous occasion via the Live Broadcast Link and witness the Company’s dedication to excellence and innovation.
About Alpha Modus
Alpha Modus Holdings, Inc. (Nasdaq: AMOD) is a pioneering technology company specializing in AI-driven retail and fintech solutions. The Company’s patented technologies optimize consumer engagement, enhance in-store experiences, and drive measurable returns for retailers and brands. For more information, visit www.alphamodus.com.
Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Alpha Modus’s actual results may differ from their expectations, estimates, and projections, and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements, but are not the exclusive means of identifying these statements. These forward-looking statements include, without limitation, Alpha Modus’s expectations with respect to future performance.
Alpha Modus cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Alpha Modus does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.
Contacts:
Alpha Modus Holdings, Inc.
Investor Relations
ir@alphamodus.com
+1 (704) 252-5050
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Source: Alpha Modus Corp.
$SGBX: Safe & Green Holdings Enters Definitive Agreement to Merge with Olenox and Machfu.com
Strategic Combination Poised to Drive Innovation in Energy and Industrial IoT
MIAMI, FL, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ: SGBX) (“Safe & Green Holdings” or the “Company”), a leading developer, designer, and fabricator of modular structures, today announced that it has entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") with New Asia Holdings, Inc. (“NAHD”), which owns Olenox Corp. (“Olenox”) and Machfu.com (“Machfu”), which are both innovative leaders in the energy and industrial IoT sectors.
Under the terms of the agreement, Safe & Green will acquire 100% of the outstanding securities of NAHD in exchange for the issuance of non-voting convertible preferred shares of the Company. This transaction marks a significant step forward in Safe & Green’s commitment to expanding its capabilities in sustainable energy and smart industrial automation.
Olenox is an advanced energy company with three vertically integrated business units: Oil & Gas Production, Energy Services, and Energy Technologies. The company specializes in acquiring and revitalizing underdeveloped energy assets, leveraging proprietary plasma pulse and ultrasonic cleaning tools to enhance production efficiency while reducing environmental impact. Olenox’s strategic focus on distressed oil and gas fields in Texas, Oklahoma, and Kansas has resulted in significant production growth, positioning the Company for long-term success in the energy sector.
Machfu is a leader in industrial IoT, with its flagship MachGateway® and Edge-to-Enterprise™ software solutions enabling seamless connectivity between legacy systems and modern digital infrastructure. With over 20,000 gateways deployed worldwide, Machfu’s technology enhances operational efficiency, predictive maintenance, and real-time analytics for industries including oil & gas, utilities, and manufacturing.
Following the merger, Safe & Green plans to integrate Olenox’s energy assets and Machfu’s IoT capabilities with its existing operations. The Company will leverage its modular fabrication expertise and existing infrastructure, including its Waldron facility in Durant, Oklahoma, to support new initiatives in sustainable energy and industrial automation. Management anticipates that these synergies will drive revenue growth, improve operational efficiencies, and create new opportunities for value creation.
“We believe that the combination of Olenox and Machfu with Safe & Green will create a diversified, high-growth company at the intersection of energy and technology,” said Michael McLaren, CEO of Safe & Green and founder of Olenox. “Olenox’s growing oil and gas portfolio, combined with Machfu’s cutting-edge IoT solutions, will provide a robust foundation for expansion into sustainable energy, automation, and digital transformation.”
The merger is structured as a two-step sign-and-close transaction. The conversion of the shares of preferred stock issued to NAHD shareholders into shares of common stock of the Company is subject to the approval of a majority of the Company’s common shareholders, approval by Nasdaq, and regulatory approvals. Further details regarding the transaction are available in the Company’s Form 8-K, which has been filed with the Securities and Exchange Commission.
About Safe & Green Holdings Corp.
Safe & Green Holdings Corp., a leading modular solutions company, operates under core capabilities which include the development, design, and fabrication of modular structures, meeting the demand for safe and green solutions across various industries. The firm supports third-party and in-house developers, architects, builders, and owners in achieving faster execution, greener construction, and buildings of higher value. For more information, visit https://www.safeandgreenholdings.com/ and follow us at @SGHcorp on Twitter.
No Offer or Solicitation
This communication is for informational purposes only and is not intended to and shall not constitute an offer to buy or sell or the solicitation of an offer to buy or sell any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
Safe Harbor Statement
Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. These forward-looking statements are based upon current estimates and assumptions and include statements regarding the Company’s Merger Agreement with NAHD,, closing of such merger, the Company’s plans to leverage its existing facilities to support the combined company’s operations in the oil and gas industries. These forward-looking statements are subject to various risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, the Company’s ability to successfully complete the merger with NAHD, the timing to consummate the proposed acquisition, the diversion of management time on transaction-related issues, unexpected costs, charges or expenses resulting from the acquisition, potential litigation relating to the acquisition that could be instituted against the parties to Merger Agreement or their respective directors, managers or officers, including the effects of any outcomes related thereto, the Company’s ability to successfully leverage its existing facilities to support its planned new operations for the combined entity in the oil and gas industries, the effect of government regulation, the Company’s ability to maintain compliance with the NASDAQ listing requirements, and the other factors discussed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023 and its subsequent filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.
Investor Relations:
Crescendo Communications, LLC
(212) 671-1020
sgbx@crescendo-ir.com
https://www.globenewswire.com/newsroom/ti?nf=OTM1MTcxMyM2NzMxODA2IzUwMDEyMTA5NQ==
https://ml.globenewswire.com/media/ZDQ1OTUzMjAtZDdlMS00YjU0LWFkYWItODgwYjQyOWJiOTEyLTUwMDEyMTA5NQ==/tiny/Safe-Green-Holdings-Corp-.png
Source: Safe & Green Holdings Corp.
$CHSN News: Chanson International Holding Announces a Collaboration under Coffee Brand Soul * Song in Xinjiang, China
URUMQI, China, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Chanson International Holding (Nasdaq: CHSN) (the “Company” or “Chanson”), a provider of bakery, seasonal, and beverage products through its chain stores in China and the United States, today announces a collaboration with a leading hotel and restaurant management enterprise in Yili, Xinjiang, China, Xinjiang Hengtai Investment Co., Ltd. (“Xinjiang Hengtai”) to expand its coffee brand, Soul * Song, through a franchise operation model in Yili. This milestone marks significant progress in the development of Chanson’s Soul * Song brand, further deepening its market presence and extending its brand influence in the Xinjiang region.
In July 2024, the Company celebrated the grand opening of a Soul * Song café in partnership with Xinjiang Hengtai at the scenic Nalati National Tourist Resort in Yili, Xinjiang, China. Soul ? Song’s innovative "blend bean concept" highlights the art of blending, offering diverse flavors to suit every customer's unique taste. The café quickly became a must-visit destination within the resort, breaking the Company's single-day coffee-related sales record by achieving daily sales of RMB 30,000 on both August 8 and August 15, 2024. This marks Chanson's first attempt in adopting a franchise model, partnering with a distinguished local enterprise for mutual growth and success. Building on its growing influence in the Yili region, the Company plans to open five additional Soul ? Song cafés under the franchise model by 2025.
Mr. Gang Li, Chairman of the Board of Directors and Chief Executive Officer of Chanson, commented, “The introduction of the franchise model is a key milestone in the growth of our Soul * Song brand, and underscoring a commitment to enhancing our marketing strategy and brand visibility. After thorough investigation and analysis, we selected the picturesque and culturally rich 5A-level tourist resort in Nalati as the ideal location to showcase our brand’s uniqueness and positioning within a high-quality consumption environment. 5A-level tourist resort is the highest rating by government, awarded to China’s most important and well-maintained tourist attractions. Our goal is to provide consumers with an unprecedented experience that combines food and cultural elements. We believe that this franchise model will foster sustainable growth for Chanson while contributing to the vitality of Xinjiang’s local tourism economy.”
About Chanson International Holding
Founded in 2009, Chanson International Holding is a provider of bakery, seasonal, and beverage products through its chain stores in China and the United States. Headquartered in Urumqi, China, Chanson directly operates stores in Xinjiang, China and New York, United States. Chanson currently manages stores in China and in New York City while selling on digital platforms and third-party online food ordering platforms. Chanson offers not only packaged bakery products but also made-in-store pastries and eat-in services, serving freshly prepared bakery products and extensive beverage products. Chanson aims to make healthy, nutritious, and ready-to-eat food through advanced facilities based on in-depth industry research, while creating a comfortable and distinguishable store environment for customers. Chanson's dedicated and highly-experienced product development teams constantly create new products that reflect market trends to meet customer demand. For more information, please visit the Company's website: http://ir.chanson-international.net/.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "approximates," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "will," "would," "should," "could," "may" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the U.S. Securities and Exchange Commission.
For investor and media inquiries, please contact:
Chanson International Holding
Investor Relations Department
Email: IR@chansoninternational.com
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com
$PWM: Prestige Wealth Inc. Announces Acquisition of Tokyo Bay
HONG KONG, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Prestige Wealth Inc. (NASDAQ: PWM) (“PWM”, or the “Company”), a wealth management and asset management services provider based in Hong Kong, today announced that, on November 12, 2024, it entered into a definitive acquisition agreement pursuant to which PWM will purchase all shares of Tokyo Bay Management Inc. (“Tokyo Bay”), a company incorporated under the laws of the British Virgin Islands. The total purchase price is US$1,500,000, subject to customary closing purchase price adjustments, in the form of 2,500,000 newly issued Class B ordinary shares of the Company at a price per Class B ordinary share of US$0.60 to the seller and key employees of Tokyo Bay. The Company will also grant warrants to purchase 1,875,000 Class A ordinary shares of the Company at an exercise price per share equal to US$0.72 to the seller parties. The warrants will become exercisable on the six-month anniversary of the issuance date and will expire on the fifth anniversary from the date on which they become exercisable. In addition, key employees will be retained and continue to be employed by Tokyo Bay after closing of the transaction. The acquisition agreement also includes a third-year period non-competition and non-solicitation covenants from the seller parties. Upon consummation of the acquisition of Tokyo Bay, that certain business development & marketing agreement by and between PWM and Tokyo Bay dated as of June 24, 2024 will be terminated. The acquisition of Tokyo Bay is expected to close in the fourth quarter of 2024 and will enhance PWM’s strategy and development in Asia wealth management industry.
About Prestige Wealth Inc.
Prestige Wealth Inc. is a wealth management and asset management services provider based in Hong Kong, assisting its clients in identifying and purchasing well-matched wealth management products and global asset management products. With a focus on quality service, the Company has retained a loyal customer base consisting of high-net-worth and ultra-high-net-worth clients in Asia. Through the Company’s wealth management service, it introduces clients to customized wealth management products and provides them with tailored value-added services. The Company provides asset management services via investment funds that it manages and also provides discretionary account management services and asset management-related advisory services to clients. For more information, please visit the Company’s website: http://ir.prestigewm.hk.
About Tokyo Bay
Tokyo Bay is a company based in Tokyo, Japan. Founded by experienced professionals, the Tokyo Bay team has accumulated extensive premium client resources and local market knowledge over the past years, providing wealth management services, family affairs services, lifestyle management services and related value-added services to high-net-worth clients in Japan.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions in this press release. They include statements about the Company’s plans for the business of InnoSphere Tech and Tokyo Bay; anticipated financial and other results from the acquisition of InnoSphere Tech and Tokyo Bay and its integration into PWM; expectations regarding revenue and cost synergies resulting from the acquisition; discussion of other strategic initiatives and related actions; and beliefs, expectations, intentions and strategies, among other things. Forward-looking statements are based on management's current beliefs, expectations and assumptions, and involve a number of known and unknown risks and uncertainties, many of which are out of PWM’s control.
The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s filings with U.S. Securities and Exchange Commission.
https://www.globenewswire.com/newsroom/ti?nf=OTI3MjExNiM2NTc4Mjk4IzIyNTQzNjg=
https://ml.globenewswire.com/media/M2Y4ZDE3ODUtOGMyYy00MDBmLWIzZGItNWE1YTBiMDcyNjBmLTEyNjU5MTc=/tiny/Prestige-Wealth-Inc-.png
For more information, please contact:
Prestige Wealth Inc.
Investor Relations Department
Email: ir@prestigefh.com
Source: Prestige Wealth Inc.
$XELA looks promising next few day's, hopefully!
Thank you, fitz! Getting decimated in the market this year but a break sounds like a good idea.
That sounds awesome I've been focusing on IT work its been a blast.
Oooh thats awesome! The fam and I are looking at houses in Wilmington area (along with Dewey Beach and DC)
Doing good, Not real active in the market.
Trying to get alot done on houses and vehicles.
Looking to buy a winter house NC or Alabama.
Cheep on taxes.
Hope all is well with you and yours!
Happy new year, fitz! Hope you're doing well!
MMMB - If it holds $3.00 or above the next 4 days it will be uplisted. Otherwise if if holds above $2.00 by June 28th it will be uplisted. This is by the CEO as of the earnings press release today. It hit a new 52 week high today of $3.35. These guys are the real deal with alot in play over this summer.
Family life's been crazy, professional life has been good, trading has been my best streak yet between crypto and pink sheets. $TGGI taking off today, made a killing on $RGBP $OZSC and a few others. Hope all is well with you and your family, fitz! :)
Great call, $MMEDF
I'll check it out, Thanks
Hope you’re doing good with those. I was in Doge... MindMed is going to go parabolic.
Hey Buddy, Long time. Hope all is well!
Good evening, Thanks.
I have been tied up for a while.
I'm in $TMBR * $ACVA * $DOGECOIN
$TMGI Pink Current
$TGGI Pink Current soon
-----------------------
$MARA Crypto
$SOS Crypto
$MSTR Crypto (earnings late april)
$SPRT Crypto
After a 75% drop i bought @ 2.12 $CRBP. On its way up now.
Nice Dip and Rip play!
CDEV
Centennial Resource Deve
0.67 -0.85 -56.11% 33,753,778
PDCE
Pdc Energy
7.00 -7.10 -50.35% 7,483,817
SNDE
Sundance Energy
3.84 -3.77 -49.54% 46,209
PVAC
Penn Virginia
5.55 -5.34 -49.04% 1,091,759
OAS
Oasis Petroleum
0.45 -0.41 -47.67% 73,728,408
PTEN
Patterson Uti Energy
2.30 -2.00 -46.51% 14,142,975
GPRE
Green Plains
5.77 -4.38 -43.15% 2,401,639
OMP
Oasis Midstream Partners
5.69 -4.19 -42.41% 697,770
OVV
Ovintiv
2.71 -5.23 -65.87% 38,483,904
MTDR
Matador Resources
2.68 -3.87 -59.08% 30,232,498
SM
Sm Energy
1.57 -2.25 -58.90% 31,836,893
CPE
Callon Petroleum
0.55 -0.75 -57.78% 96,870,376
QEP
Qep Resources
0.62 -0.82 -56.88% 27,921,754
FET
Forum Energy Technologie
0.24 -0.31 -56.38% 1,793,029
SLCA
Silica
1.55 -1.73 -52.74% 7,058,831
MRC
Mrc Global
3.65 -3.94 -51.91% 2,667,165
WES
Western Midstream Partne
5.41 -5.65 -51.08% 7,962,530
TRGP
Targa Resources
13.69 -14.17 -50.86% 14,852,784
$RWLK 0.82 Onward and upward!
USA Stock Market | Dow Jones live chart
USA STOCK Market is the largest Stock market in the World. Since the US economy is the largest economy in the world, therefore the capitalisation of the US Stock Market is also the largest in the world. The total valuation of the US Stock Market is around $30 trillion.
I have come across a very good article on the US Stock market, please have a look.
Click here
USA Stock Market | Dow Jones live chart
USA STOCK Market is the largest Stock market in the World. Since the US economy is the largest economy in the world, therefore the capitalisation of the US Stock Market is also the largest in the world. The total valuation of the US Stock Market is around $30 trillion.
I have come across a very good article on the US Stock market, please have a look.
Click here
Still on watch, For anything positive!
that a great yield
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