Web3MediaBreaks Archive - Page 6 of 15

MondayAug 19, 2024 11:04 am

Web3MediaBreaks – Upstream Provides 24/7 Ability to Transact on All Issuers’ Listed Equities

Upstream, a MERJ Exchange stock market and global trading app, is reporting three key benefits from expanded trading hours, including flexibility during market sell-offs, accessibility for global investors and interconnectivity of global markets. The Upstream article noted that traditional markets operate within specific trading windows, which creates some challenges. “U.S. markets open at 9:30 a.m. ET and close at 4 p.m. ET, and international markets, such as the London Stock Exchange, operate from 8 a.m. to 4:30 p.m. GMT,” stated the article. “When traditional markets like these are closed during times of volatility, particularly sell-offs, investors in different time zones…

WednesdayAug 14, 2024 2:05 pm

Web3MediaBreaks – NextPlat Corp. (NASDAQ: NXPL), Progressive Care (RXMD) Release Q2 2024 Financial Results Showing 474% Revenue Increase

NextPlat (NASDAQ: NXPL), a global e-Commerce provider, has released record financial results for its second fiscal quarter, the period ended June 30, 2024; the results include the consolidation of the operations of its e-commerce business with the results of its healthcare operations, Progressive Care Inc. (OTCQB: RXMD). Highlights of the report indicate the company experienced a 474% increase in consolidated Q2 revenues, which totaled $17 million, and a record 34.2% quarterly margins; the report noted that the company anticipates reaching $70 million in 2024 annual revenues with additional healthcare services contracts and E-commerce expansion expected to drive the company’s continued growth. “We are…

TuesdayAug 13, 2024 11:56 am

Web3MediaBreaks – DoubleDown Interactive Co. Ltd. (NASDAQ: DDI) Releases Q2 2024 Financial Results

DoubleDown Interactive (NASDAQ: DDI), a leading developer and publisher of digital games on mobile and web-based platforms, is reporting its second-quarter 2024 unaudited financial results, for the period ended June 30, 2024. Highlights of the report include an increase of revenue to $88.2 million from $75.2 million in Q2 2023; an increase in operating expenses to $52 million from $47.7 million in Q2 2023; an increase in net income to $33.3 million; and an increase in Adjusted EBITDA to $37 million from $27.6 million in Q2 2023. “We continued to drive strong growth across our business in the 2024 second quarter,…

MondayAug 12, 2024 10:41 am

Web3MediaBreaks – Upstream Lists Advantages of Trading Powered by Blockchain Tech

Upstream, a MERJ Exchange stock market and global trading app, is powered by blockchain technology, which is self-sufficient and operates continuously. That model means that stock markets could operate 24/7 with instantaneous settlement, which changes the landscape, particularly during market sell-offs. The advantages of that were discussed in a recent Upstream article. The article noted that “this past Monday morning, the Dow Jones Industrial Average fell more than 1,000 points. The Nikkei 225, an index of leading stocks in Tokyo, closed down 5.8% Friday, and then 12.4% on Monday.” The article observed that because of traditional stock-trading hours, an entire…

MondayAug 05, 2024 2:09 pm

Web3MediaBreaks – Blockchain Futurist Conference Shares Top 10 Reasons to Attend Upcoming Event

Blockchain Futurist Conference is this year’s must-attend Web3 event, and a recent press release shares the top reasons for being part of the Aug. 13–14, 2024, gathering. Those reasons include everything from being the largest Web3 event in Canada — with more than 10,000 attendees, 250-plus speakers and 150 partners — to including a massive cabana networking opportunity and dozens of scheduled meet-up opportunities. The two-day event also features two hackathons: the ETHToronto Hackathon and ETHWomen, the largest female-driven hackathon in the world. In addition, the event is being held during Canada’s Crypto Week, with more than 50 other events also taking…

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…

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