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The AI Adoption Reality Check: Firms with AI Strategies are Twice as Likely to see AI-driven Revenue Growth; Those Without Risk Falling Behind
Prnewswire· 2025-06-26 12:00
NEW Thomson Reuters survey data reveals that only a quarter of organizations have a visible AI strategy. Time savings from AI could see a $32 billion opportunity on the table for the legal and tax industries in the U.S. aloneTORONTO, June 26, 2025 /PRNewswire/ -- Thomson Reuters (Nasdaq/TSX: TRI), a global content and technology company, today released its 2025 Future of Professionals report, which reveals a significant divide between organizations* that have adopted an AI strategy and those that have not. ...
SenesTech's Evolve™ Rodent Birth Control Proven in Urban Rodent Hotspots from Hong Kong to San Francisco
Prnewswire· 2025-06-26 12:00
Pallet and Container Orders Expected for Resupply and ExpansionSURPRISE, Ariz., June 26, 2025 /PRNewswire/ -- SenesTech, Inc. (NASDAQ: SNES, "SenesTech" or the "Company"), a leader in fertility control for managing animal pest populations, today announced compelling results from two major urban deployments — one in Hong Kong and one in San Francisco — showing how pairing Evolve™ Rat Birth Control with traditional poison bait stations delivers faster, more sustainable rodent control where it's needed most.Gl ...
Lipocine Announces First Patient Dosed in Phase 3 Clinical Trial for LPCN 1154 in Postpartum Depression
Prnewswire· 2025-06-26 12:00
Phase 3 Top Line Results Expected Q2 2026SALT LAKE CITY, June 26, 2025 /PRNewswire/ -- Lipocine Inc. (NASDAQ: LPCN), a biopharmaceutical company leveraging its proprietary technology platform to develop innovative products with effective oral delivery, today announced that the first patient has been dosed in its pivotal Phase 3 clinical trial of LPCN 1154 (oral brexanolone), its investigational oral treatment for postpartum depression (PPD).Following FDA feedback, this study is being conducted in an outpati ...
Big Ten and Big 12 Enter Historic Partnerships with PayPal to Enable Institutional Payments for Student-Athletes in New Revenue Sharing Model
Prnewswire· 2025-06-26 12:00
Multi-year partnerships will bring PayPal and Venmo to college campuses nationwideSAN JOSE, Calif., June 26, 2025 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL), a global leader in payments, today announced multi-year agreements with the Big Ten and Big 12 Conferences that will modernize the distribution of institutional payments from universities to student-athletes in a new revenue-sharing model. The new institutional payments initiative enables athletic departments to seamlessly dispense payments t ...
Avalon GloboCare and Qi Diagnostics Enter into Definitive Agreement to Co-Develop Real-Time Cannabis Breathalyzer for Detecting Potential Impaired Driving
GlobeNewswire News Room· 2025-06-26 12:00
FREEHOLD, N.J., June 26, 2025 (GLOBE NEWSWIRE) -- Avalon GloboCare Corp. (“Avalon” or the “Company”) (NASDAQ: ALBT), a developer of precision diagnostic consumer products, today announced that it entered into a definitive agreement with Qi Diagnostics Limited (“Qi Diagnostics”), a nanosensor-based diagnostic technologies company, to co-develop a VOC (volatile organic compound) nanosensor-based point-of-care cannabis breathalyzer. Through this strategic collaboration, Avalon, Q&A Distribution, LLC, a subsidi ...
Research Solutions & Third Iron Partner To Streamline Content Access For Academic Libraries
Prnewswire· 2025-06-26 12:00
Integration Delivers Full Coverage of Scholarly Content While Optimizing Costs And Workflow ComplexityHENDERSON, Nev., June 26, 2025 /PRNewswire/ -- Research Solutions (NASDAQ: RSSS), a leading provider of AI-powered scientific research tools, announces a strategic integration with Third Iron's LibKey platform that enhances how researchers access scholarly content. The partnership integrates Article Galaxy Scholar (AGS) into LibKey's linking ecosystem, providing libraries with expanded options for essential ...
Elutia Wins Dual Honors for Innovation and Product Launches at 2025 Medical Device Network Excellence Awards
GlobeNewswire News Room· 2025-06-26 12:00
Recognition highlights EluPro™ Antibiotic-Eluting BioEnvelope’s impact on device protection for cardiac implantable electronic devices (CIEDs) and neurostimulators SILVER SPRING, Md., June 26, 2025 (GLOBE NEWSWIRE) -- Elutia Inc. (Nasdaq: ELUT) (“Elutia” or the “Company”), a pioneer in drug-eluting biomatrix technologies, has been recognized with two prestigious honors—Innovation and Product Launches—in the 2025 Medical Device Network Excellence Awards. The awards celebrate Elutia’s advancements in drug el ...
Ivanhoe Electric (IE) Moves 8.7% Higher: Will This Strength Last?
ZACKS· 2025-06-26 11:56
Company Overview - Ivanhoe Electric's shares increased by 8.7% to $9.17 in the last trading session, with a notable trading volume, contributing to a 14.7% gain over the past four weeks [1][2] Project Development - The rise in share price follows the completion of the Preliminary Feasibility Study for the Santa Cruz Copper Project in Arizona, marking a significant milestone for securing long-term project financing [2] - The Study emphasizes advanced engineering design from extraction to processing, ensuring the project's bankability and readiness for financing [3] - Construction for the Santa Cruz project is planned to commence in the first half of 2026, aiming for first copper cathode production by 2028 [3] Financial Performance - Ivanhoe Electric is projected to report a quarterly loss of $0.13 per share, reflecting a year-over-year increase of 66.7%, with expected revenues of $0.74 million, up 37% from the previous year [4] - The consensus EPS estimate for the upcoming quarter has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [5] Industry Context - Ivanhoe Electric holds a Zacks Rank of 3 (Hold) within the Zacks Mining - Miscellaneous industry, contrasting with Alpha Metallurgical, which has a Zacks Rank of 5 (Strong Sell) and has seen a 13.3% decline over the past month [6]
Is It Time to Ride the Upbeat Momentum in Coinbase? ETFs in Focus
ZACKS· 2025-06-26 11:56
Core Viewpoint - Coinbase has been recognized as a leading player in the cryptocurrency sector, with analysts upgrading its price target significantly, reflecting strong growth potential and market position [2][3]. Group 1: Analyst Insights - Bernstein analysts upgraded Coinbase's price target to $510 from $310, maintaining an "Outperform" rating, and described it as the "most misunderstood company" in the crypto space [2]. - Analysts highlighted Coinbase's unique position as the only cryptocurrency company in the S&P 500, its dominance in U.S. crypto trading, and its leadership in the stablecoin exchange market [3]. - Coinbase has diversified its offerings beyond trading, including institutional custody, Base blockchain infrastructure, and a Prime lending desk [3]. Group 2: Price Targets and Broker Ratings - The average price target for Coinbase, based on 26 analysts, is $275.40, indicating a potential decline of 20.13% from its closing price of $344.82 on June 24 [4]. - Coinbase has an average brokerage recommendation (ABR) of 2.14, indicating a shift from an ABR of 2.27 a month ago, with 13 Strong Buy and one Buy recommendations [5][6]. Group 3: Earnings Estimates - The Zacks Consensus earnings estimate for Coinbase's current quarter is $0.91, up from $0.83 a month ago, with the full-year estimate now at $2.96 per share, an increase from $2.41 [7]. Group 4: Market Trends - Coinbase's stock has surged approximately 40% this year, partly due to the Senate's passage of the GENIUS Act, which aims to create a federal framework for stablecoins [8]. - The positive market sentiment is also reflected in the strong gains of other crypto-related companies, indicating increasing institutional adoption of bitcoin and optimism around stablecoin regulation [8]. Group 5: Valuation Concerns - Despite the positive outlook, Coinbase shares are considered to lack value, with a trailing 12-month price-to-earnings (PE) ratio of 49.12X compared to 15.16X for the Financial - Miscellaneous Services industry [9]. Group 6: Investment Options - Investors looking to mitigate risks while capitalizing on Coinbase's momentum may consider COIN-heavy ETFs, which include several funds with at least 10% exposure to Coinbase [10][11].
PayPal teams up with the Big Ten and Big 12 to enable payments to student-athletes
CNBC· 2025-06-26 11:55
Core Insights - PayPal has entered into a partnership with the Big Ten and Big 12 conferences to facilitate compensation for student-athletes through its platform [1][3] - This agreement follows a significant court settlement in the House v. NCAA case, which allows schools to compensate student-athletes for the first time, enabling up to $20.5 million in payments to current athletes and $2.8 billion to former players [2] Group 1: Partnership Details - The new agreement allows Big Ten and Big 12 athletic departments to use PayPal exclusively for distributing payments to student-athletes [3] - The initial rollout of this payment system is expected to begin in the summer, coinciding with the effective date of the House settlement on July 1 [3] Group 2: Payment Features - The partnership will enable students at Big Ten and Big 12 universities to receive their compensation quickly and securely, with the option to pay college tuition via PayPal [4] - PayPal aims to become a preferred payment partner at select schools, enhancing the financial experience for student-athletes [4] Group 3: Venmo's Role - PayPal's mobile payment service Venmo is expanding its involvement in college sports, becoming the presenting partner for the first-ever Big Ten Rivalry Series and the official partner of the Big 12 Conference [5][6] - Venmo will also facilitate transactions at college bookstores and for campus athletics, covering items such as tickets, concessions, and merchandise [6] Group 4: Conference Expansion - The Big Ten Conference has expanded to 18 schools, including notable institutions like the University of Maryland and Ohio State University [7] - The Big 12 Conference comprises 16 schools, including Arizona State University and the University of Central Florida [7]