Web3MediaBreaks Archive - Page 2 of 11

TuesdayJul 30, 2024 1:19 pm

Web3MediaBreaks – Pinterest Inc.’s (NYSE: PINS) Stock Surge and Elliott Investment Management’s Role

Pinterest (NYSE: PINS) has been in the spotlight since Elliott Investment Management, a notable activist investing firm, acquired a 9% stake in the company in July 2022. This move was a turning point for Pinterest, which at the time was trading at less than $20 per share. Since Elliott’s investment, Pinterest’s stock has more than doubled, reaching over $40 per share. This surge in stock price is closely tied to significant changes within the company, including a leadership transition that welcomed new CEO Bill Ready and strategic shifts such as embracing third-party ads, notably a partnership with Amazon, which played a…

WednesdayJul 24, 2024 11:26 am

Web3MediaBreaks – DoubleDown Interactive Co. Ltd. (NASDAQ: DDI) Schedules Q2 2024 Results Conference Call, Webcast

DoubleDown Interactive (NASDAQ: DDI), a leading developer and publisher of digital games on mobile and web-based platforms, will release its second quarter 2024 financial results on Aug. 12, 2024, after the market closes. In addition, the company plans to host a conference call and simultaneous webcast that same day at 5 p.m. ET. During the call, members of the DoubleDown management team will provide an overview of those Q2 2024 financial results, including a business update; time will also be allotted for a question-and-answer session. A replay of the webcast will be available on the company's website shortly after the…

TuesdayJul 02, 2024 10:25 am

Web3MediaBreaks – NextPlat Corp (NASDAQ: NXPL) Expands E-Commerce Program in China

NextPlat (NASDAQ: NXPL, NXPLW), a global e-commerce provider, today announced that it has expanded its e-commerce development program in China through a new agreement with a leading Chinese healthcare and nutritional products marketing and distribution services partner (the “marketing partner”). According to the update, the marketing partner will provide NextPlat with a full range of creative content, brand marketing and product sales and distribution services and support the company’s exclusive joint e-commerce development agreement with OPKO Health Europe , a subsidiary of OPKO Health, Inc. (NASDAQ: OPK). “Our unique e-commerce development program was created to provide American companies with turn-key…

MondayJul 01, 2024 12:08 pm

Web3MediaBreaks – Upstream Article Talks Rise of Exchange Markets, Reflecting ‘Market Demand for Innovation’

Upstream, a MERJ Exchange stock market and global trading app, is noting “a push towards more efficient, transparent markets that offer greater access to the everyday investor” in its most recent article. The article notes that while capital markets have traditionally included stock markets such as the New York Stock Exchange, NASDAQ, London Stock Exchange and Tokyo Stock Exchange, there has been an increase in next-generation exchanges, including the TXSE Group, a new national stock exchange based in Dallas. According to the article, the newly formed TXSE Group has plans to file for registration with the U.S Securities and Exchange…

FridayJun 28, 2024 3:54 pm

Web3MediaBreaks – Snap Inc. (NYSE: SNAP) Introduces New Safety Features to Protect Young Users

Snap (NYSE: SNAP), a prominent player in the social media landscape, is taking significant strides to enhance user safety, particularly for its younger audience. The company, known for its innovative photo and video sharing app Snapchat, has recently introduced a new suite of safety features. This initiative is a testament to Snap’s dedication to fostering a secure and positive online environment. By focusing on the well-being of its users, Snap is setting a standard for corporate responsibility in the tech industry. The announcement of these new safety features, made on June 26, 2024, as highlighted by Zacks Investment Research, marks…

TuesdayJun 25, 2024 2:34 pm

Web3MediaBreaks – Pinterest Inc. (NYSE: PINS) Gains Investor Attention Amid Promising Financial Outlook

Pinterest (NYSE: PINS) has recently become a focal point for investors, as evidenced by its popularity on Zacks.com. This heightened interest is a testament to the company’s evolving position in the competitive landscape of the internet software industry. Pinterest, a social media platform that allows users to discover and save information on the web using images and, on a smaller scale, GIFs and videos, in the form of pinboards, has shown a modest stock performance increase of 1.1% over the past month. This performance is particularly noteworthy when compared to the broader movements in the market, including a 4.2% change in the Zacks S&P 500…

MondayJun 24, 2024 11:36 am

Web3MediaBreaks – Upstream Article Outlines Overview of Bitcoin, Ether ETF Market and Notes Commitment to ‘Bring ETFs to the Masses’

Upstream, a MERJ Exchange stock market and global trading app, is providing an overview of exchange-traded funds (“ETF”) in its latest article; the article also explains what the innovative app aims to do for the ETF market. The article notes that this year “has seen a surge” in launches and regulatory approvals of ETFs for cryptocurrencies, with the first-ever U.S.-listed crypto ETF approved by the U.S. Securities and Exchange Commission (“SEC”) in January. Since then, 11 applications have been approved by the SEC, and in April, Hong Kong became the first in Asia to offer retail investors the ability to trade…

MondayJun 17, 2024 1:10 pm

Web3MediaBreaks – Upstream Article Talks T+2 to T+1 Settlement Cycle, Notes Introduction of T+0 Settlement

Upstream, a MERJ Exchange stock market and global trading app, is discussing the transition to a T+1 settlement cycle for securities trading by NASDAQ and other U.S. capital markets, which means that trades of stocks, exchange-traded funds (“ETFs”), corporate bonds and other securities now settle in one business day instead of two. The article noted that “T+1” stands for “trade-day-plus-one-business-day” with trade settlement defined as the exchange of cash and securities between a buyer and seller after a trade is executed. According to the most recent Upstream article, despite U.S. capital markets transitioning to T+1, global markets lack a standard settlement…

TuesdayJun 11, 2024 2:13 pm

Web3MediaBreaks – Proof of Talk 2024 Brings Thousands to Paris for Europe’s Largest Web3 Event

Proof of Talk, heralded as the Davos of Web3, has officially begun. According to the announcement, the event, which is organized by venture capital firm XVentures, kicked off yesterday at the historic Museum of Decorative Arts in the Louvre Palace. The event continues today and is bringing together more than 2,500 participants representing an array of traditional financial institutions as well as decentralization’s thought leaders, investors, CEOs, founders and exchanges. Europe’s largest Web3 event, Proof of Talk offers an agenda designed for impactful networking and thought-provoking discussions. Speakers and presenters include Dr. Saifedean Ammous, author and founder; Jenny Johnson, CEO of Franklin…

MondayJun 03, 2024 3:55 pm

Web3MediaBreaks – Upstream Now Accepting Ether, Bitcoin Applications for ETFs to List

Upstream, a MERJ Exchange stock market and global trading app, is accepting applications for both Ether and Bitcoin Exchange-Traded Funds (“ETFs”) to list. This move comes after the U.S. Securities and Exchange Commission (“SEC”) approved the first eight applications for spot Ether ETFs, marking a significant milestone in the crypto and greater blockchain community as well as recognizing growing demand for exposure to cryptocurrencies in mainstream financial markets. According to the article, the approval implies that Ether, like Bitcoin, is a commodity. The SEC approved the following ETFs: Blackrock’s iShares Ethereum Trust, VanEck Ethereum Trust, Fidelity Ethereum Fund, ARK 21Shares Ethereum ETF,…

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