MondayMay 19, 2025 10:00 am

Further US Chip Export Restrictions Pose More Challenges for Nvidia

The GOP administration recently released another round of AI chip export restrictions against China to prevent it from acquiring advanced semiconductors from American chipmakers. This announcement came as Nvidia CEO Jensen Huang was unveiling the Blackwell architecture and a major AI partnership in Saudi Arabia. The U.S. Commerce Department has issued a warning against using American-made AI chips in Chinese models and condemned diversionary supply chain tactics that attempt to circumvent these restrictions. As the largest computer chip manufacturer globally, American chipmaker Nvidia has been riding high on the Artificial Intelligence (AI) craze. However, with the Santa Clara, California-based company…

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MondayMay 19, 2025 9:00 am

Calidi Biotherapeutics Inc. (NYSE American: CLDI) Names Experienced Life Science Leader as New CEO

Experienced leadership contributes to key performance indicators. Dr. Eric Poma brings more than 30 years of experience to his new role as CLDI CEO. His expertise will help the company develop and advance proprietary groundbreaking therapies. Effective leadership is a cornerstone of organizational success, particularly in the dynamic and high-stakes realm of biotechnology. Recognizing the pivotal role of seasoned leadership, Calidi Biotherapeutics (NYSE American: CLDI) has announced the appointment of Eric Poma, PhD, as its new Chief Executive Officer and member of the board of directors (https://ibn.fm/qMEu4). This strategic transition underscores Calidi’s commitment to advancing its innovative cancer therapies under experienced guidance. Dr.…

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ThursdayMay 15, 2025 11:15 am

D-Wave Quantum Inc. (NYSE: QBTS) Reports Record First Quarter Revenue, Gross Profit and Cash Position

The company posted record quarterly revenue of $15 million, up over 500% from Q1 2024. Gross profit surged to $13.9 million, driven by a high-margin Advantage™ quantum system sale. The company ended Q1 with $304.3 million in cash, its highest quarter-end balance in the company’s history. Customer count grew to 133, with 69 commercial users including 25 Forbes Global 2000 firms. D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, reported a significant increase in revenue, gross profit, and cash reserves for the first quarter of fiscal 2025, enabled by the sale of a…

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WednesdayMay 14, 2025 10:00 am

Simple Hand Motion Test Could Reveal Undetected Brain Tumor

A viral video on social media platform TikTok is popularizing a quick and easy hand test that can reportedly reveal if someone has an undiagnosed brain tumor. The British medic who demonstrated the 30-second test on the TikTok account claims that it can help individuals identify serious brain health issues that haven't been diagnosed yet. In a video clip that has since been viewed nearly 200,000 times, the user dubbed 'Medifectious’ on TikTok demonstrated how to conduct the simple test using your hands to detect potential brain tumors. According to the doctor, the process involves placing your hands together, with…

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MondayMay 12, 2025 10:00 am

Getting a Second Opinion After Breast Cancer Diagnosis Doesn’t Delay Treatment Commencement

It is very natural to feel immense anxiety and fear after receiving a breast cancer diagnosis. Most people don't consider seeking second opinions and would rather begin treatment right away. After all, breast cancer is one of the deadliest types of cancer in women, second only to lung cancer in terms of fatalities. The Breast Cancer Research Foundation estimates that slightly over 42,000 women will die from the condition in 2025, making it one of the most prolific killers in the USA. However, researchers say that getting a second opinion after the first breast cancer diagnosis does not delay the…

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MondayMay 12, 2025 9:45 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Announces $100 Million Project Financing from CIM Group for U.S. Solar Expansion

SolarBank and CIM Group have announced a US$100 million financing deal for a portfolio of U.S. solar energy projects totaling 97 MW. The deal is structured as a preferred equity investment at the project level, preserving SolarBank’s share capital, with CIM receiving a 3% annual coupon and retaining full ownership of transferred investment tax credits. SolarBank expects to maintain majority ownership of the 21-project portfolio post-financing, supporting SolarBank’s shift toward becoming a long-term solar asset owner in the U.S. Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable…

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ThursdayMay 08, 2025 9:45 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Advances 7.2 MW Glor Rd Community Solar Project in Upstate New York

SolarBank plans to develop a 7.2 MW DC ground-mount solar project in upstate New York, part of a growing pipeline of SolarBank developments in the area. The project will operate under a community solar model, with customer acquisition managed by Solar Simplified, and is expected to power approximately 850 homes. In addition, the new development will participate in New York’s VDER rate program and may qualify for NYSERDA incentives. Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable and clean energy projects, specializing in distributed and community solar…

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WednesdayMay 07, 2025 10:00 am

Is the US Ready as China’s EV Industry Seeks to Dominate Global Markets?

The just-concluded Shanghai Auto Show 2025 showcased China's incredible advancements in battery electric vehicle technology. While most governments in the West have been relatively slow to adopt EVs, Beijing began pumping tens of billions of dollars in subsidies into the domestic electric vehicle sector well over a decade ago, giving its industry a major head start over carmakers in other markets. As a result, China has surpassed the U.S. and Europe to become the largest electric vehicle market on the globe. Its gargantuan population provides a massive market for its homegrown electric cars, and unlike Western carmakers, Chinese vehicle companies…

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MondayMay 05, 2025 10:00 am

Gold Bulls Lose Steam as Rate Cut Expectations Rise

Rising expectations of a benchmark interest rate cut by the U.S. Federal Reserve are causing gold prices to fall. With numerous investors betting that the Fed would cut interest rates after the U.S. registered weaker-than-expected growth in the first quarter of 2025, spot gold and gold futures prices experienced some losses on Wednesday. Spot gold prices fell by 0.2% to reach $3,308.32 per ounce, and U.S. gold futures dropped by 0.4% and settled at $3,319.10. Additionally, data shows that in Q1 2025, America's gross domestic product contracted at an annualized rate of 0.3% as businesses in the country scrambled to…

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FridayMay 02, 2025 9:00 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Expands Portfolio with Additional Solar Project in Upstate New York

SolarBank is developing a 4.584 MW DC ground-mount solar project in upstate New York, projected to power 540 homes. The Forest Hill Rd project will operate under New York’s community solar framework and benefit from VDER compensation and NYSERDA incentives. Solar Simplified will handle subscriber management, allowing SolarBank to focus on development and expansion. The company is not presently importing solar panels from the four countries impacted by the April 21, 2025, U.S. Department of Commerce Tariff announcement. Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable and…

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