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EarthLabs Reports Results for the Second Quarter of 2025
Newsfile· 2025-08-21 12:00
Core Insights - EarthLabs Inc. reported a strong financial performance for the second quarter of 2025, with notable increases in both advertising and subscription revenues, alongside significant net investment gains [5][8]. Financial Performance Highlights - For the three-month period ended June 30, 2025, advertising revenue increased by 10.5% year-over-year to $1.6 million, while subscription revenue grew by 4.1% to $312,928 [8][9]. - For the six-month period ended June 30, 2025, advertising revenue rose by 11.5% to $3.2 million, and subscription revenue increased by 3.2% to $624,020 [8][9]. - The company achieved net investment gains of $6.5 million for the quarter and $8.6 million for the six months, a significant improvement compared to previous losses [5][8][9]. - EarthLabs reported net income of $5.2 million, or $0.04 per share, for the quarter, contrasting with a net loss of $1.96 million in the same period last year [5][9]. Balance Sheet and Cash Position - As of June 30, 2025, EarthLabs had total cash, cash equivalents, and investments amounting to $45.0 million, reflecting a 14.8% increase from $39.2 million at the end of 2024 [8][9]. - Total assets reached $50.1 million, up from $44.9 million at the end of 2024, indicating a solid financial position [9].
Microsoft is enhancing the NFL game day experience
Microsoft· 2025-08-20 13:29
AI Application in Sports - Microsoft's AI assists clubs in navigating complexity [2] - AI transforms data into actionable strategies for various scenarios [2] - AI enables split-second calls and real-time decisions [2] Competitive Advantage - Preparation and analysis are crucial for gaining advantages before game day [1] - Microsoft Copilot is designed to enhance game day readiness [3] - Trusted systems perform reliably under pressure [2] Technological Transformation - Microsoft AI is revolutionizing traditional methods [2] - Technology accelerates information delivery to players [2]
TECL: Tech Stocks May Take A Breather Going Into The September FOMC Meeting
Seeking Alpha· 2025-08-20 08:04
Group 1 - The Direxion Daily Technology Bull 3X Shares ETF (TECL) employs a leveraged strategy aimed at providing traders with 3x the daily performance of the Technology Select Sector Index [1] - The significant leverage used in this strategy indicates a high-risk investment approach, which may lead to amplified gains or losses [1] Group 2 - Michael Del Monte, an equity analyst with over 5 years of experience, emphasizes that investment recommendations should consider the entire investment ecosystem rather than evaluating companies in isolation [1]
“Sanctions are for losers” and tariffs are a “Dumbo tax” as the dollar weakens and gold rises - Steve Hanke
KITCO· 2025-08-19 22:06
Core Insights - Jeremy Szafron has joined Kitco News as an anchor and producer, bringing a wealth of experience in journalism, particularly in finance and commodities [1][5] Background and Career Development - Jeremy began his journalism career in 2006 at CTV, initially focusing on entertainment before transitioning to business reporting, particularly in mining and small-cap companies [2] - He gained recognition for his macro-financial and market trends analysis, becoming a sought-after commentator on CTV Morning Live and CTV News Network [2] - A significant highlight of his career was covering the 2010 Vancouver Olympic Games, which led to the development of an online video news program for PressReader, a digital newsstand with 8,000 editions in 60 languages [3] Digital Media and Industry Engagement - In 2012, Jeremy launched The Green Scene Podcast, which quickly attracted over 400,000 subscribers, establishing him as a prominent voice in the cannabis industry [4] - Following this success, he created Investor Scene and Initiate Research, platforms that provide exclusive market insights and deal-flow opportunities in mining and Canadian small-cap sectors [4] Professional Expertise - Jeremy has experience as a market strategist and investor relations consultant for various publicly traded companies across mining, energy, consumer packaged goods (CPG), and technology industries [5] - He holds a BA in Journalism from Concordia University, which has supported his diverse career trajectory [5]
X @Forbes
Forbes· 2025-08-19 19:50
5 AI Jobs You Can Land With No Coding Experience Required https://t.co/IJ0LUrM66V https://t.co/zoIr4v2vgz ...
How Long Does It Take For These Companies To Make $1 Million?
Mark Tilbury· 2025-08-19 17:47
How long does it take these tech companies to make $1 million. Go. Apple.>> Oh, they make a lot of money. I'd say about 10 minutes. >> 5 minutes 36 seconds.Amazon. >> Let's go 10 minutes again. >> 8 minutes 52 seconds.Tesla. >> 2 hours. >> 1 hour 14 minutes.Coca-Cola. >> CocaCola. Well, they've been around probably an hour.>> 49 minutes 26 seconds. PayPal. >> 3 hours.>> 2 hours and 6 minutes. No bad old man. ...
White House Says UK Abandons Effort to Access Apple User Data
PYMNTS.com· 2025-08-19 17:27
Group 1 - The United Kingdom has agreed to end its mandate requiring Apple to provide a "back door" for accessing encrypted data of American users, which was seen as an infringement on civil liberties [3][7] - The U.K. order was issued under the Investigatory Powers Act and faced significant opposition from Apple, which withdrew its iCloud Advanced Data Protection service from the U.K. in response [4][3] - The resolution of the dispute involved discussions between U.S. officials, including President Trump and Vice President Vance, and U.K. representatives, leading to the conclusion that the U.K. would not force Apple to compromise its encryption [7][2] Group 2 - Other tech companies, such as WhatsApp, have also opposed the U.K. order, joining legal challenges to protect encryption technologies [6] - The U.K. government's decision to withdraw the order has not yet been formalized, but it indicates a shift in the regulatory landscape regarding user data privacy [7]
MedX Holdings, Inc. (OTC: MEDH) Med X Holdings Q2 2025 Investor Update: We're at an Inflection Point
GlobeNewswire News Room· 2025-08-19 17:19
Core Insights - MedX Holdings reported a sales increase in Q2 2025, projecting approximately $1.5 million in revenue for the full year [2][3] - The company is advancing its lounge pipeline, with Las Vegas nearing approvals and new franchise developments in Houston [3][5] - The Leaf-trak technology platform is transitioning from development to rollout, aimed at enhancing operational efficiency in lounges [4][5] Financial Performance - Q2 2025 sales growth indicates a positive trajectory, with the company on track for ~$1.5 million in FY25 revenue [2][5] - Continued sales growth and traction in New Mexico's recreational market are highlighted as key performance indicators [7] Business Development - The Las Vegas consumption lounge is progressing towards opening, pending final drawings and approvals [5][6] - Houston is set to welcome new Lazydaze franchisees, targeting a Q4 2025 or early 2026 opening [5][6] - Active negotiations for lounge deals in Florida and California are ongoing [5][6] Technology and Innovation - Leaf-trak is designed specifically for lounges, focusing on hospitality economics and compliance, with a pilot expected in Q3 and commercial launch in Q4 2025 [4][5] - The platform aims to integrate payment processing and enhance customer service through online ordering and pickup options [5] Regulatory Environment - The company has navigated regulatory challenges in Texas and sees positive signals at the federal level regarding cannabis rescheduling [5][11] - Anticipated regulatory changes could improve capital access and institutional participation in the cannabis industry [5] Strategic Vision - MedX Holdings is positioning itself to capitalize on the shift from cannabis prohibition to a regulated market, focusing on strategic capital and partnerships [8][9] - The company aims to build a comprehensive portfolio in cannabis retail, hospitality, and technology through its subsidiaries [9][10]
MedX Holdings, Inc. (OTC: MEDH) Med X Holdings Q2 2025 Investor Update: We’re at an Inflection Point
Globenewswire· 2025-08-19 17:19
Core Insights - MedX Holdings reported an increase in sales for Q2 2025 and is on track for approximately $1.5 million in revenue for the full year 2025 [2][6] - The company is advancing its Las Vegas lounge towards final approvals and is expanding its franchise presence with a new Lazydaze franchise in Houston [3][6] - The Leaf-trak POS system is set to roll out in Q3 2025, designed specifically for consumption lounges, enhancing operational efficiency and compliance [4][6] Financial Performance - Q2 2025 sales growth indicates a positive trajectory, with the company projecting around $1.5 million in revenue for FY25 [2][6] - The New Mexico store is gaining traction in a fully recreational market, contributing to overall revenue momentum [6] Expansion Plans - The Las Vegas consumption lounge is nearing opening, pending final drawings and approvals [6] - Houston is targeted for a Q4 2025 or early 2026 opening as the newest Lazydaze franchise [6] - Active negotiations for lounge deals in Florida and California are ongoing [6] Technology Development - Leaf-trak, a hospitality-grade platform, is designed to improve lounge operations by increasing throughput and reducing compliance risks [4][6] - The platform is expected to pilot in Q3 2025 and commercialize in Q4 2025, with anticipated revenue contributions starting in Q4 2025 into Q1 2026 [6][11] Regulatory Environment - The company has navigated regulatory challenges in Texas and sees constructive signals at the federal level regarding cannabis rescheduling [6][11] - The direction of regulatory changes is expected to improve capital access and institutional participation in the cannabis industry [6] Strategic Focus - MedX Holdings aims to build a portfolio that includes cannabis retail, hospitality, and technology through its subsidiaries [8] - The company is prioritizing strategic capital and partnerships to accelerate openings and technology deployments [7]
US spy chief says UK has dropped its Apple backdoor demand
TechCrunch· 2025-08-19 14:25
Core Points - The U.K. has dropped its demand for Apple to provide a "backdoor" to its cloud systems after negotiations with the Trump administration [1][2][3] - The U.K. government's request was aimed at accessing encrypted data of American citizens, which raised concerns about civil liberties [2][4] - Apple initially responded by removing the Advanced Data Protection feature in the U.K. and challenged the backdoor mandate in court [5][9] Group 1 - The U.K. agreed to drop its mandate for Apple to provide a backdoor, ensuring the protection of Americans' private data and civil liberties [2][3] - The legal demand was made under the U.K.'s Investigatory Powers Act 2016, which sparked global outrage from privacy and security experts [4] - Apple has stated it has never built a backdoor or master key for its products and services [9] Group 2 - The backdoor request was part of a months-long negotiation process involving U.S. officials [3] - Apple initially removed the Advanced Data Protection feature for new users in the U.K. and guided existing users to disable it [5] - The case regarding the backdoor mandate was initially secret but later ruled to be held in public [5]