Core Viewpoint - The 2025 Hainan Free Trade Port (FTP) promotion event in Dubai aims to enhance trade and investment liberalization, fostering high-level dialogue and practical cooperation between Hainan and the UAE [1][2]. Group 1: Event Overview - The event was jointly organized by the Hainan Provincial People's Government and the Chinese Embassy in the UAE, with support from CCPIT Hainan and CCOIC Hainan [2]. - The conference featured discussions on aligning UAE's financial liberalization and cross-border trade policies with the FTP, focusing on innovative cooperation in emerging fields like AI and blockchain [3]. Group 2: Agreements and Collaborations - Hainan signed four batches of agreements with institutions from the UAE, Saudi Arabia, and other countries, covering sectors such as new energy, free trade zone development, logistics parks, automotive trade, and headquarters base development [4]. - Hainan's leadership emphasized the FTP's framework of "zero tariffs, low tax rates, and a simplified tax system" to create a market-oriented and internationalized business environment [5]. Group 3: Strategic Goals - The Chinese Ambassador to the UAE highlighted that the FTP's open policies align with the UAE's 50-Year Development Plan, aiming to set a new benchmark for China-Middle East economic and trade cooperation [6]. - Hainan is intensifying efforts to establish independent customs operations by the end of 2025 as part of its FTP development strategy [6].

Austin, Texas, May 20, 2025 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE MedX Holdings, Inc. (OTC: MEDH) Reports Record Q1 2025 Revenue and Announces Strategic Milestones in Retail Technology, AI, and Cannabis Expansion Austin, TX – May 20, 2025 – MedX Holdings, Inc. (OTC: MEDH), the parent company of Lazydaze + Coffeeshop and Dazed Inc., announced its unaudited financial results for the first quarter of 2025 along with key strategic developments that continue to position the company as a leader in cannabis re ...

Core Viewpoint - Hyper Bit Technologies Ltd. has entered into a non-binding letter of intent to acquire Dogecoin Mining Technologies Corp., a company focused on Dogecoin and Litecoin mining operations, which positions Hyper Bit to enhance its market presence in the cryptocurrency mining sector [1][6]. Company Overview - Hyper Bit Technologies Ltd. is a diversified technology company specializing in crypto mining operations and blockchain innovations, aiming to unlock value in the digital asset ecosystem [14]. - Dogecoin Mining Technologies Corp. is a development-stage company focused on building scalable, high-performance mining operations for Dogecoin and Litecoin, with a strong emphasis on renewable energy [16][17]. Proposed Transaction Details - The proposed acquisition involves Hyper Bit issuing 15,000,000 common shares to Dogecoin Mining Technologies' shareholders at a deemed price of $0.30 per share, totaling a value of $4,500,000 [10]. - The share issuance will be subject to a tranche structure based on operational milestones, ensuring alignment with long-term growth objectives [12][13]. Infrastructure and Operations - Dogecoin Mining Technologies has secured a hardware supply agreement for up to 2,660 Elphapex ASIC rigs and a colocation agreement for a data center with access to 11 megawatts of renewable energy at a competitive rate below $0.07 per kilowatt-hour [2][4][16]. - The company is positioned to rapidly scale its mining operations upon securing the necessary capital resources, leveraging its infrastructure and operational expertise [17]. Strategic Importance - The acquisition is seen as a pivotal milestone for Hyper Bit, enhancing its strategic growth in the cryptocurrency mining sector and aiming for long-term value creation and profitability [6][9]. - Both companies express optimism about the potential of Dogecoin and Litecoin, citing their strong correlation with Bitcoin price trends and robust mining economics [9].

Roseville, Minnesota, May 20, 2025 (GLOBE NEWSWIRE) -- SecureTech Innovations, Inc. (OTC: SCTH), an emerging leader in cybersecurity, Web3 solutions, and advanced security technologies, is pleased to share a comprehensive update on its strategic initiatives for 2025. Since joining the SecureTech team in January, President and CEO J. Scott Sitra has focused on advancing the key priorities outlined in SecureTech’s roadmap for innovation and growth. Each achieved strategic milestone increases underlying shareh ...

New York, NY, May 19, 2025 (GLOBE NEWSWIRE) -- Wen Acquisition Corp (the “Company”) announced today the closing of its initial public offering of 30,015,000 units, which includes 3,915,000 units issued pursuant to the exercise by the underwriters of their over-allotment option in full. The offering was priced at $10.00 per unit, resulting in gross proceeds of $300,150,000. The Company’s units began trading on May 16, 2025 on The Nasdaq Global Stock Market LLC (“Nasdaq”) under the ticker symbol “WENNU.” Each ...

维多利亚，塞舌尔, May 19, 2025 (GLOBE NEWSWIRE) -- 领先的加密货币交易所和 Web3 公司 Bitget 发布了 2025 年 4 月透明度报告，重点介绍了当月的增长、监管里程碑，以及持续发展势头——尽管市场大环境动荡，但公司通过不断创新和强大的执行力而保持了这种势头。 在市场调整和投资者保持谨慎的这个月里，Bitget 的期货交易量达到 7,576 亿美元，环比增长 17.3%。现货交易量亦逆势攀升至 686 亿美元。得益于这些有利因素，Bitget 成为交易量第三大的加密货币交易所，市占率为 7.2%，反映该公司在竞争激烈的市场环境中的强劲表现和持续发展势头。根据 Coingecko 和 WuBlockchain 的数据，Bitget 逆势扩大市场份额，而其他交易所则出现收缩。Bitget 的用户数也突破了 1.2 亿，这表明该平台的参与度很高，并且用户对其产品和服务非常信任。 今年 4 月，Bitget 在萨尔瓦多获得了 DASP 和 BSP 牌照，在监管方面实现了重大飞跃，因此能够在全球最具前瞻性的数字资产框架下提供全方位的加密货币服务，包括现货、衍生品、质押及收益 ...

Group 1: Applied Digital - Applied Digital has a market cap of approximately $1.3 billion and a share price below $6, with significant growth potential due to rising demand for data centers and cloud infrastructure [3][4] - The stock has increased nearly 60% over the past year but remains about 50% below its peak in February 2025, indicating potential for price recovery [4] - The company operates multiple data centers in North Dakota and other states, and plans to sell its cloud services business to fund investments in AI and high-performance computing [5][6] Group 2: IonQ - IonQ is a leader in quantum computing technology, with a current market cap around $8.2 billion and a share price just over $33, targeting a total addressable market of $87 billion by 2035 [7][8] - The company offers the Forte Enterprise system, which is the only quantum hardware available on major cloud platforms, showcasing its competitive advantage [8][9] - IonQ has secured partnerships with major companies, including SK Telecom, Toyota Tsusho, General Dynamics, and Nvidia, highlighting its industry relevance [10] Group 3: Summit Therapeutics - Summit Therapeutics has a market cap of roughly $17.2 billion and is focused on developing ivonescimab, an immunotherapy for non-small cell lung cancer, with results expected in mid-2025 [11][12] - The company has a strong chance of U.S. approval for ivonescimab, supported by its partner Akeso's previous successes in China [13] - Summit is also exploring ivonescimab for other cancer types, indicating substantial growth potential if the drug meets expectations [14]

香港, May 17, 2025 (GLOBE NEWSWIRE) -- Top Win International Limited (下稱「公司」或「TopWin」) 欣然宣布向數碼資產領域進行策略性擴張，在獲得必要的批准後，會將公司名稱更改為「AsiaStrategy」，並進一步採取強大的數碼資產財庫策略，以充分利用快速發展的 Web3 生態系統。 區塊鏈和 Web3 技術有望促成新一輪重大科技變革，以去中心化、透明和安全的系統重塑相關行業。 加密貨幣和代幣化資產等數碼資產正在成為重要的資產類別，為創造價值提供大好良機，特別是對於不斷向前發展的機構而言。 亞洲有世界一半以上的人口，是充滿活力的經濟重地，現正成為這場變革的中心。 憑藉其科技發達的市場和不斷演變的監管體系，亞洲的數碼資產行業必將成為一個龐大的高增長市場。 TopWin 會繼續發展現有的奢華手錶業務，同時將工作重點擴展至有關數碼資產的企業和投資，旨在發掘亞洲市場尚未開發的潛力。 為了引領這項策略性工作，TopWin International 正準備與 Sora Ventures 合作，Sora Ventures 是知名的 Web3 基金，自 ...

Industry Overview - The Technology Services industry has experienced strong growth post-pandemic, driven by the rapid adoption of remote work and advancements in technology such as 5G, blockchain, AI, and ML [1][6] - The industry includes companies involved in software support, data processing, computing hardware, and communications equipment, serving both consumer and business markets [3] Economic Factors - The industry is benefiting from a recovering economy, with GDP growth projected at an annual rate of 2.8% in 2024, up from 2.5% in 2023 [5] - The Services PMI has remained above 50% for 56 out of the last 59 months, indicating healthy economic activity [5] Technological Advancements - The global shift towards digitization is creating opportunities in markets such as 5G, blockchain, and AI, with generative AI expected to grow at a 42% CAGR over the next decade, reaching a $1.3 trillion market by 2032 [6] Industry Performance - The Zacks Technology Services industry ranks 49, placing it in the top 20% of over 246 Zacks industries, indicating a promising outlook [7] - Over the past year, the industry has outperformed the broader Zacks Business Services sector and the S&P 500, returning 42.1% compared to 12% and 12.4% respectively [9] Valuation Metrics - The industry is currently trading at an EV-to-EBITDA ratio of 31.02X, significantly higher than the S&P 500's 16.6X and the sector's 12.03X [12] Company Highlights - **AppLovin Corporation (APP)**: Focuses on a software platform for advertisers, enhancing machine-learning models and AI integration. The company has a Zacks Rank 1 and is expected to see earnings rise 85.2% year over year in 2025, with shares up 340.5% in the past year [20][18][19] - **Priority Technology Holdings (PRTH)**: Operates a platform for financial operations, showing strong growth despite economic challenges. PRTH also holds a Zacks Rank 1, with earnings expected to rise over 100% year over year in 2025, and shares up 116.8% in the past year [24][23] - **Qifu Technology (QFIN)**: A China-based credit tech company improving user acquisition and integrating AI for better credit data analysis. QFIN has a Zacks Rank 1, with earnings expected to rise 22.4% year over year in 2025, and shares up 113.7% in the past year [29][27]

Core Insights - Totaligent, Inc. is expanding its leadership and engineering teams to enhance its digital marketing platform, integrating AI, blockchain, and full-stack software development [1][5] Leadership Expansion - Nicolas Caridi has been appointed as President, bringing extensive entrepreneurial experience and a track record of scaling ventures, including leading an AI-focused healthcare startup to over $1 million in annual recurring revenue within a year [2] - Matthew Tristan joins as Director of Engineering, with expertise in blockchain and decentralized finance, having managed $11 million in assets on the Cardano blockchain [3] - Ullas Mahalingappa is now a Front-End Software Developer, specializing in user-centric solutions and modern development frameworks, with nearly a decade of experience [4] Strategic Goals - The new hires are expected to enhance Totaligent's capacity for rapid innovation and execution, particularly in predictive analytics, audience segmentation, and AI-driven content optimization [5] - Totaligent's platform aims to provide marketers with real-time insights and big data analytics to reach verified consumers while minimizing fraud and optimizing campaign ROI [5][7] Company Overview - Totaligent, Inc. is positioned as a cutting-edge AI-powered digital marketing platform that focuses on audience targeting, engagement, and conversion through advanced technologies [7] - The platform integrates various marketing channels, including Email, SMS, Social Media, and Programmatic Advertising, into a single automated ecosystem [7]