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Quantum Computing Stocks Surge as Trump Seeks Stake in Exchange for Federal Funding
International Business Times· 2025-10-24 21:00
Quantum computing stocks soared Thursday after media reports emerged that the US government is planning to acquire equity stakes in these companies, and in turn, offering them federal funding to support their growth and innovation.Shares of quantum computing companies like IonQ (NYSE:IONQ), Rigetti Computing (Nasdaq:RGTI), D-Wave Quantum (NYSE:QBTS), and Quantum Computing (Nasdaq:QUBT) significantly gained on the reports. Companies like Atom Computing could also be considering an arrangement with the Trump ...
Daily ETF Flows: SOXL Picks Up Assets
Yahoo Finance· 2025-10-24 21:00
Top 10 Creations (All ETFs) Top 10 Redemptions (All ETFs) ETF Daily Flows By Asset Class   Net Flows ($, mm) AUM ($, mm) % of AUM Alternatives -22.37 12,611.31 -0.18% Asset Allocation 78.11 30,260.63 0.26% Commodities E T Fs -721.46 297,006.01 -0.24% Currency -98.04 180,072.86 -0.05% International Equity 14.64 2,135,022.84 0.00% International Fixed Income 106.11 344,852.45 0.03% Inverse -137.09 14,836.95 -0.92% Leveraged 369.7 ...
BeMetals Closes Upsized Flow-Through Financing
Accessnewswire· 2025-10-24 21:00
Core Viewpoint - BeMetals Corp. has successfully closed a non-brokered private placement, raising C$848,840 through the issuance of flow-through shares to fund exploration activities at the Savant Gold Project in Ontario, Canada [1][2]. Group 1: Financing Details - The private placement involved the issuance of 12,126,284 common shares at a price of $0.07 per share, resulting in gross proceeds of C$848,840 [1]. - The funds raised will be allocated to incur Qualifying Expenditures related to the Savant Gold Project, which are defined under the Income Tax Act (Canada) [2]. - The securities issued are subject to a hold period that expires on February 25, 2026 [3]. Group 2: Management Commentary - Interim CEO Kristen Reinertson expressed satisfaction with the progress at the Savant Gold Project, highlighting the completion of initial reconnaissance mapping and sampling [2]. - A high-resolution airborne magnetics survey is planned for the fall, with follow-up exploration campaigns scheduled for spring 2026 to refine target areas for future drilling [2]. Group 3: Related Party Transactions - Certain directors of BeMetals subscribed for 1,785,000 flow-through shares, contributing gross proceeds of $124,950, which qualifies as a related party transaction [4]. - The company is relying on exemptions from formal valuation and minority shareholder approval requirements under Multilateral Instrument 61-101 [4]. Group 4: Company Overview - BeMetals is focused on the exploration and development of precious and base metals, with a portfolio that includes the Savant Gold Project and the Pangeni Copper Project in Zambia [5]. - The company is affiliated with B2Gold Corp., which owns approximately 24% of BeMetals' outstanding shares [5]. - The Savant Gold Project is located in a prolific gold-producing region of Canada, with plans for further exploration and potential strategic acquisitions [5].
PhoneX Shares May Qualify as Qualified Small Business Stock (QSBS) under Section 1202 of the Internal Revenue Code
Globenewswire· 2025-10-24 21:00
Company Overview - PhoneX Holdings, Inc. is a technology company focused on the global wholesale trade of pre-owned mobile devices [4] - The company offers an industry-leading SaaS platform that assists carriers, manufacturers, and distributors in managing inventory, optimizing sales, and expanding customer networks [4] - PhoneX aims to drive efficiency, transparency, and scale in the secondary mobile device market, enabling partners to maximize value [4] Tax Qualification Announcement - PhoneX Holdings has announced that it may qualify as a "qualified small business" under Section 1202 of the Internal Revenue Code, which could allow for the exclusion of gain from the sale or exchange of "qualified small business stock" [1] - The qualification is subject to the satisfaction of all applicable requirements, and the company does not guarantee that any stock will ultimately qualify as QSBS or that shareholders will be eligible for tax benefits [2]
Sparq Announces Termination of Investor Relations Agreement
Newsfile· 2025-10-24 21:00
Company Overview - Sparq Systems Inc. designs and manufactures next-generation single-phase microinverters for residential and commercial solar electric applications [2] - The company has developed a proprietary PV solution called the Quad, which optimizes four PV modules with a single microinverter, simplifying design and installation while lowering costs compared to existing market offerings [2] - Sparq's head office is located at 945 Princess Street, Kingston, Ontario, K7L 0E9 [2] Recent Developments - The company has terminated its investor relations agreement with John Welsh, which was initially announced on June 26, 2025 [1] - Sparq expressed gratitude to Mr. Welsh for the services rendered during the agreement [1]
PhoneX Shares May Qualify as Qualified Small Business Stock (QSBS) under Section 1202 of the Internal Revenue Code
Globenewswire· 2025-10-24 21:00
Company Overview - PhoneX Holdings, Inc. is a technology company focused on the global wholesale trade of pre-owned mobile devices [3] - The company operates an industry-leading SaaS platform that assists carriers, manufacturers, and distributors in managing inventory, optimizing sales, and expanding customer networks [3] - PhoneX aims to drive efficiency, transparency, and scale in the secondary mobile device market, enabling partners to maximize value [3] Tax Qualification Announcement - PhoneX Holdings has announced that it may qualify as a "qualified small business" under Section 1202 of the Internal Revenue Code, which could allow for the exclusion of gain from the sale or exchange of "qualified small business stock" [1] - The qualification is subject to the satisfaction of all applicable requirements, and the company cannot guarantee that any stock will ultimately qualify as QSBS or that shareholders will be eligible for tax benefits [2]
Fal.Con Europe Could Be CrowdStrike's Early Earnings Catalyst
MarketBeat· 2025-10-24 20:59
CrowdStrike TodayCRWDCrowdStrike$527.32 +5.34 (+1.02%) 52-Week Range$294.68▼$535.52Price Target$496.47Add to WatchlistMost companies' earnings reports are headline events. However, investors in CrowdStrike Holdings Inc. NASDAQ: CRWD may get the main event a few weeks early. CrowdStrike is getting ready to present its Fal.Con Europe event Nov. 4-6, roughly three weeks before CrowdStrike reports earnings. This is an international version of the Fal.Con Las Vegas, which the company hosted in September. At tha ...
Mohawk Industries outlines $32M in new annual savings and projects Q4 EPS of $1.90-$2 amid market headwinds (NYSE:MHK)
Seeking Alpha· 2025-10-24 20:58
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S&P 500 Climbs to New Record on Strong Earnings
WSJ· 2025-10-24 20:58
Core Insights - Inflation data released on Friday contributed to a positive end for the stock market, with Ford shares experiencing a significant increase of 12% [1] Company Summary - Ford shares surged by 12% following the inflation data release, indicating strong market confidence in the company's performance [1]
Grindr Special Committee Confirms Receipt of Take-Private Proposal from Large Shareholders
Businesswire· 2025-10-24 20:56
Oct 24, 2025 4:56 PM Eastern Daylight Time Grindr Special Committee Confirms Receipt of Take-Private Proposal from Large Shareholders Share WEST HOLLYWOOD, Calif.--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND) ("Grindr†or the "Company†), the Global Gayborhood in Your Pocketâ"¢, today confirmed that the Special Committee of its Board of Directors (the "Board†) has received a non-binding, unsolicited take-private proposal from large shareholders Ray Zage and James Lu (the "Proposing Shareholders†) to acquir ...