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Connected brands, including Connected Cannabis, AlienLabs and Smoken Promises branded products, to be distributed through the ENTOURAGE wholesale network and FLUENT retail storesNEW YORK, Aug. 20, 2025 (GLOBE NEWSWIRE) -- FLUENT Corp. (CSE: FNT.U) (OTCQB: CNTMF) (“FLUENT” or the “Company”), today announced the commencement of operations at its new 68,000+ square-foot indoor cultivation facility in Buffalo, New York. This facility doubles FLUENT’s New York cultivation capacity and further strengthens its pre ...

Core Viewpoint - Key semiconductor stocks experienced declines in both Asia and the U.S. following reports that the Trump administration may seek equity stakes in companies receiving federal grants under the CHIPS Act [1][2]. Government Plans - U.S. Commerce Secretary Howard Lutnick is considering a plan for the government to acquire equity stakes in chip-producing companies, specifically mentioning Intel, in exchange for grants under the CHIPS Act [1][2]. - The potential deal with Intel could result in the government obtaining a 10% stake in the company [2]. Impact on Other Companies - The equity stake condition may extend to other companies receiving grants under the CHIPS Act, including Micron, TSMC, and Samsung [3]. - A significant portion of the grant money allocated to these companies has yet to be disbursed [3]. Market Reactions - Intel's shares fell over 1% to $25.02 after a nearly 7% increase the previous day [4]. - AMD shares dropped 1.4% in premarket trading after a 5.4% decline on Tuesday, while Micron's shares fell 5.16% [4]. - In Asia, TSMC's shares decreased by 4.2% to TWD 1,135, and SK Hynix shares fell by 2.9% to KRW 255,500 [4]. Nvidia's Position - Nvidia's shares rose slightly to $175.85, as the company has not received any grants under the CHIPS Act due to its reliance on external chip manufacturers like TSMC and Samsung [5]. Political Context - Former President Donald Trump has criticized the Biden-era CHIPS Act, labeling it ineffective and suggesting that the government should seek equity for the funds provided to companies [6]. - Lutnick emphasized the shift in approach, stating that the Biden administration was giving money without seeking equity, while the Trump administration aims to secure a stake in return for financial support [6]. Additional Developments - SoftBank announced a deal to purchase $2 billion worth of Intel stock at $23 per share [7].

Core Insights - Intel stock surged nearly 7% following reports of potential government investment and a significant stake from SoftBank, indicating renewed investor interest and potential for a stock rally [1][2] - The company has faced challenges including declining revenues and market share losses, but government backing and a domestic manufacturing edge could drive a turnaround [2][4] - Intel's revenue is projected to decline to about $52 billion in 2024, but there are signs of potential recovery with a projected annual growth of 7% from 2025 to 2028 [4][9] Revenue Trends - Intel's revenues fell from $79 billion in 2021 to $53 billion in 2024 due to a cooling PC market and competition from AMD [4] - The PC market is expected to recover with low single-digit growth, but Intel's sales are still projected to dip by 2% this year [4] - A rebound in CPU-related spending and stronger product offerings could position Intel to benefit from the recovery in the PC market [8] Margin Analysis - Intel's adjusted net margins have declined from around 29% in 2021 to approximately 8.5% in 2023, with negative margins expected in 2024 [10] - The company plans to cut $1.5 billion in operating expenses and lay off about 25,000 employees, which could improve margins over time [11] - If margins recover to about 20% by 2028, this could significantly enhance profitability [11] Valuation Insights - Currently trading at about $25 per share, Intel's valuation reflects a high earnings multiple, with potential for significant upside if growth resumes [12] - If revenue grows to about $64 billion by 2028 with adjusted net income reaching nearly $13 billion, the stock price could approach $60 per share [12] - The turnaround timeline is flexible, with potential gains expected as key metrics improve [13]

CHENNAI, India, Aug. 20, 2025 (GLOBE NEWSWIRE) -- Sify Digital Services Limited, the IT and Digital Solutions subsidiary of Nasdaq listed Sify Technologies Limited (NASDAQ: SIFY), India’s leading Digital ICT solutions provider with global service capabilities spanning Data Center, Cloud, Networks, Security and Digital services, today announced the appointment of Mr. Som Satsangi as an Independent Director on its Board. A technology veteran of more than 4 decades, Som, until recently, was responsible for le ...

Key Takeaways Chevron's LNG strategy centers on its large Gorgon and Wheatstone projects in Australia.Gorgon has 15.6 Mtpa capacity and hosts the world's largest carbon capture system.Wheatstone adds 8.9 Mtpa capacity, with 2024 gas output averaging 1 million cubic feet daily.Chevron Corporation’s (CVX) LNG business is a key part of its strategy, anchored by the company's large projects in Australia at Gorgon and Wheatstone. Operated by Chevron Australia, these facilities provide a reliable supply of liquef ...

Core Viewpoint - Earth Science Tech, Inc. has approved a significant enhancement and a two-year extension of its common stock repurchase program, increasing total authorization to $10 million, which will now run through December 31, 2027 [1][2][3] Repurchase Program Details - The company has already deployed over $1.8 million to repurchase 20,834,214 shares since the program's inception on January 29, 2024, reflecting a commitment to enhancing shareholder value [2][4][8] - The remaining authorization for the repurchase program is $8,169,104.50, with the new expiration date set for December 31, 2027 [8] Company Overview - Earth Science Tech, Inc. operates as a strategic holding company focused on acquiring and scaling high-potential businesses, with current operations in compounding pharmaceuticals, telemedicine, and real estate development through its subsidiaries [5][6] - The company's subsidiaries include RxCompoundStore.com, Peaks Curative, Avenvi, Mister Meds, and others, each specializing in different aspects of healthcare and real estate [5][7][9]

Mike Shapiro to Step Down After 10 Years With the Company; Meenal Sethna Named EVP and CFO Effective October 1, 2025BANNOCKBURN, Ill., Aug. 20, 2025 (GLOBE NEWSWIRE) -- Option Care Health, Inc. (the “Company” or “Option Care Health”) (Nasdaq: OPCH), the nation’s largest independent provider of home and alternate site infusion services, announced the appointment of Meenal Sethna as Executive Vice President and Chief Financial Officer, effective October 1, 2025. Sethna will succeed Mike Shapiro, who has decid ...

Key Takeaways Aris Mining's Q2 gold sales rose 23% year over year to 61,024 ounces, the highest since Q4 2023.Segovia led with a 24% volume increase, boosting gold revenues 75% to $200.2 million.Expanded Segovia mill ramp-up is expected to sustain sales momentum into the second half.Aris Mining Corporation (ARMN) delivered higher year-over-year gold sales volumes in the second quarter, fueling a notable rise in gold revenues and earnings from mining operations. ARMN’s gold sales jumped roughly 23% year over ...

H World Group (HTHT) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.46 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +5.36%. A quarter ago, it was expected that this hotel operator would post earnings of $0.42 per share when it actually produced earnings of $0.34, delivering a surprise of -19.05%.Over the last four quarters, the co ...