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Alset AI Announces Shares for Debt Transaction
Accessnewswire· 2026-01-05 11:00
Core Viewpoint - Alset AI Ventures Inc. has entered into debt settlement agreements to resolve $191,160.37 of accrued and unpaid fees through the issuance of common shares [1] Group 1: Debt Settlement - The company has settled an aggregate of $191,160.37 of indebtedness with certain arm's length creditors [1] - The settlement involves the issuance of 3,475,646 common shares at a deemed price of $0.055 per share [1]
Alset AI Announces Closing of Non-Brokered Private Placement Offering With Strategic Investors
Accessnewswire· 2025-12-23 21:35
Core Viewpoint - Alset AI Ventures Inc. has successfully closed a non-brokered private placement offering, raising approximately $700,000 through the issuance of 12,727,272 units at an issue price of $0.055 per unit [1] Group 1 - The company is focused on advancing innovation in artificial intelligence through strategic investments and cloud computing solutions [1] - The private placement offering was previously announced and has now been completed [1] - The gross proceeds from the offering amount to around $700,000, indicating a significant capital influx for the company [1]
Analysts Reaffirm Buy Ratings on Amazon.com, Inc. (AMZN) with Price Targets up to $300
Yahoo Finance· 2025-12-18 06:14
Core Insights - Amazon.com Inc. is a favored stock among investors, with analysts maintaining Buy ratings and price targets ranging from $270 to $300 as the company prepares for significant growth in the coming years [1][2]. Investment Plans - Amazon plans to invest $35 billion in India by 2030, building on a previous investment of $40 billion [2][3]. - This investment aims to enhance various business operations, particularly focusing on artificial intelligence-driven digitization, export growth, and job creation [3][4]. Business Expansion - The new investment will support the digitization of over 12 million small businesses in India and aims to increase cumulative e-commerce exports to $80 billion by 2030 [3][4]. - Amazon's expansion in the U.S. includes same-day grocery delivery services, which are currently available in over 2,300 cities, with plans to further extend this service [4]. Job Creation - By 2030, Amazon's operations in India are expected to support approximately 3.8 million jobs, including direct, indirect, induced, and seasonal employment [4]. Company Overview - Amazon.com Inc. operates in various sectors, including e-commerce, cloud computing, digital streaming, and artificial intelligence, serving as a major online marketplace [5].
Alset AI Announces Non-Brokered Private Placement Offering of up to $700,000
Accessnewswire· 2025-12-17 12:00
Core Viewpoint - Alset AI Ventures Inc. is conducting a non-brokered private placement offering to raise up to $700,000 through the issuance of 12,727,272 units at a price of $0.055 per unit [1] Group 1 - The offering is aimed at advancing innovation through strategic investment and cloud computing solutions in the artificial intelligence sector [1] - The company is listed on multiple exchanges, including TSXV, OTC PINK, and FSE, indicating a broad market presence [1]
Alset AI Announces Expiry of Warrant Exercise Incentive Program
Accessnewswire· 2025-10-21 21:00
Company Update - Alset AI Ventures Inc. announced the expiry of its early warrant exercise incentive program, which was designed to encourage the early exercise of up to 19,999,993 outstanding common share purchase warrants held by Warrantholders [1] - The Incentive Program expired on September 26, 2025, and no Eligible Warrants were issued during this period [1] Company Overview - Alset AI is an AI-focused venture investment platform that aims to source, fund, and develop companies across the artificial intelligence value chain [2] - The company seeks to provide investors with diversified exposure to emerging applications and infrastructure that enable advancements in AI technologies [2]
Akamai Technologies To Hold Third Quarter 2025 Investor Conference Call On Thursday, November 6, at 4:30 PM ET
Prnewswire· 2025-10-09 11:01
Core Viewpoint - Akamai Technologies, Inc. will hold a conference call on November 6, 2025, to discuss its third quarter 2025 financial results and may provide forward-looking financial guidance [1]. Group 1: Conference Call Details - The conference call is scheduled for 4:30 p.m. ET on November 6, 2025 [1]. - Live dial-in information and a replay of the call will be available for two weeks after the event [2]. Group 2: Company Overview - Akamai is a leading cybersecurity and cloud computing company that provides solutions to protect and power businesses online [3]. - The company offers market-leading security solutions, superior threat intelligence, and a global operations team to safeguard enterprise data and applications [3]. - Akamai's full-stack cloud computing solutions are designed for performance and affordability on a distributed platform, earning the trust of global enterprises [3].
Akamai Technologies To Hold Second Quarter 2025 Investor Conference Call On Thursday, August 7, at 4:30 PM ET
Prnewswire· 2025-07-09 11:01
Company Announcement - Akamai Technologies, Inc. will hold a conference call for investors on August 7, 2025, at 4:30 p.m. ET to discuss its second quarter 2025 financial results and may provide forward-looking financial guidance [1] - The conference call will be broadcast live on Akamai's Investor Relations page, and a replay will be available for two weeks following the call [2] Company Overview - Akamai is a cybersecurity and cloud computing company that powers and protects businesses online, offering market-leading security solutions and full-stack cloud computing solutions [3] - The company emphasizes its superior threat intelligence and global operations team, which provide defense-in-depth to safeguard enterprise data and applications [3] - Akamai is trusted by global enterprises for its reliability, scale, and expertise, enabling them to grow their business with confidence [3]
Akamai Announces New Members Elected to its Board of Directors
Prnewswire· 2025-07-08 11:01
Core Viewpoint - Akamai Technologies has announced the addition of Janaki Akella and Bas Burger to its Board of Directors, enhancing its leadership in cloud computing and cybersecurity through their extensive experience in technology and global business transformation [1][4]. Group 1: New Board Members - Janaki Akella brings expertise in cloud computing, cybersecurity, and AI, with previous leadership roles at Google and McKinsey & Company, and currently serves on several boards including Southern Company and Sallie Mae Corporation [2]. - Bas Burger, CEO of BT International, has a strong background in executing go-to-market initiatives and driving customer acquisition and retention, contributing to global data and cloud connectivity solutions [3]. Group 2: Strategic Importance - The addition of Akella and Burger is seen as critical for Akamai's growth in cloud computing and cybersecurity, with their insights expected to support the company's transformation and innovation efforts [4]. - Akamai's CEO, Tom Leighton, emphasized the value of Akella's experience in digital transformation and Burger's international business acumen in driving future growth opportunities [4]. Group 3: Company Overview - Akamai is recognized as a leading cybersecurity and cloud computing company, providing market-leading security solutions and full-stack cloud computing services to safeguard enterprise data and applications [5].
AKAMAI REPORTS FIRST QUARTER 2025 FINANCIAL RESULTS
Prnewswire· 2025-05-08 20:01
Core Insights - Akamai Technologies reported first quarter revenue of $1.015 billion, representing a 3% year-over-year increase and a 4% increase when adjusted for foreign exchange [1][2] - Security and cloud computing revenue accounted for 69% of total revenue, with a combined growth of 10% year-over-year and 11% when adjusted for foreign exchange [1] - GAAP net income per diluted share was $0.82, down 26% year-over-year, while non-GAAP net income per diluted share was $1.70, up 4% year-over-year [1][4] Financial Performance - Revenue by solution showed security revenue at $531 million (up 8% year-over-year), delivery revenue at $319 million (down 9% year-over-year), and cloud computing revenue at $165 million (up 14% year-over-year) [8][17] - GAAP income from operations was $155 million, a 7% decrease from the previous year, while non-GAAP income from operations was $307 million, up 5% [3][4] - Adjusted EBITDA was $441 million, reflecting a 6% increase from the previous year [4][27] Cash Flow and Share Repurchase - Cash from operations for the first quarter was $251 million, representing 25% of revenue [5] - The company repurchased 6.2 million shares for $500 million at an average price of $81.19 per share [5] Financial Guidance - For the second quarter of 2025, revenue guidance is set between $1.012 billion and $1.032 billion, with full-year revenue guidance between $4.050 billion and $4.200 billion [7] Geographic Revenue Breakdown - U.S. revenue was $529 million, up 3% year-over-year, while international revenue was $486 million, up 2% year-over-year [8][18]