BillionDollarBreaks – Hello Group Inc. (NASDAQ: MOMO) to Announce Q4 and Fiscal Year 2024 Results on March 12, 2025

February 18, 2025 09:40:00

Hello Group (NASDAQ: MOMO), a leading player in mainland China’s online social networking space, has scheduled the release of its fourth quarter and fiscal year 2024 financial results for March 12, 2025. The company will host an earnings conference call at 8:00 a.m. U.S. Eastern Time (8:00 p.m. Beijing/Hong Kong Time) on the same day to discuss the results.

As of February 18, 2025, Hello Group’s stock is trading at $7.91, reflecting an increase of $0.08 (1.02%) from the previous close. The day’s trading range has been between $7.83 and $8.30, with a 52-week range of $4.79 to $8.30. The company’s market capitalization stands at approximately $1.36 billion.

To view the full article, visit https://ibn.fm/Hx2FS

About Hello Group Inc.

Hello Group Inc. is a leading player in mainland China’s online social networking space. Through Momo, Tantan, and other properties within its product portfolio, the company enables users to discover new relationships, expand their social connections, and build meaningful interactions. Momo is a mobile application that connects people and facilitates social interactions based on location, interests, and a variety of online recreational activities. Tantan, acquired by Hello Group in May 2018, is a leading social and dating application designed to help users find and establish romantic connections as well as meet interesting people. The company also operates a number of other applications to serve different social and entertainment demands from its users.

About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

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China’s Leapmotor Unveils $20K Smart EV in the Wake of BYD’s Price Cuts

February 14, 2025 10:05:00

China’s electric vehicle (EV) market is experiencing a major shift as Leapmotor, a rising EV manufacturer, launches its latest smart electric vehicle. The new model, the B10, offers advanced driving technology at a competitive price of under 150,000 yuan ($20,535). This announcement comes just a day after BYD, another leading Chinese EV maker, slashed the prices of its smart EVs, intensifying competition in the market. Analysts predict these moves could trigger a new wave of price cuts and technological advancements in the EV industry.

Other EV makers like Rivian Automotive Inc. (NASDAQ: RIVN) now have to come up with their own…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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Used EV Sales Surge in the UK as Drivers Seek Affordable Alternatives

February 13, 2025 10:00:00

The UK’s used electric vehicle (EV) market is experiencing unprecedented growth as more drivers seek cost-effective alternatives to petrol and diesel cars. Recent data from the Society of Motor Manufacturers and Traders (SMMT) reveals that 188,000 used EVs changed hands in 2024, marking a significant increase from the previous year and accounting for 2.5% of total used car sales. This surge reflects a growing shift in consumer preferences amid rising fuel costs and evolving automotive policies.

The overall used car market in the UK remained robust in 2024, with total sales reaching 7.6 million vehicles—an increase from 7.2 million in 2023. While petrol and diesel cars continued to dominate, comprising 92.1% of total used vehicle sales, their market share declined from 94.3% the…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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White House Cryptocurrency Czar Says Stablecoin Legalization is Top Priority 

February 11, 2025 10:05:00


David Sacks, the newly appointed AI and cryptocurrency czar in the White House, has made it clear that regulating digital assets is a top priority for the U.S. government. His first focus? Stablecoins. Sacks and Republican lawmakers are pushing for legislation that will provide clear rules for these digital currencies, aiming to strengthen the U.S. dollar’s position in the global financial market.

Stablecoins are a type of cryptocurrency designed to maintain a steady value by being tied to real-world assets, such as the U.S. dollar. Unlike other cryptocurrencies, which can be highly volatile, stablecoins offer more predictable value, making them attractive for both…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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E-Commerce to Experience 45% Growth in Europe Within 5 Years

February 7, 2025 10:05:00

The European e-commerce sector is set to experience remarkable growth, with industry analysts predicting a 45% increase in online sales between 2024 and 2029. According to a recent Forrester report, e-commerce revenue in Europe is expected to rise from €389 billion ($404.1bn) in 2024 to €565 billion ($587bn) by 2029, solidifying the digital marketplace as a dominant force in the retail industry.

While e-commerce has been expanding for years, the latest projections indicate a compound annual growth rate (CAGR) of 7.8% from 2023 to 2029. This figure represents a slight decline from previous estimates, which had predicted an annual growth rate of 9.2%. Despite this adjustment, the upward…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) to Host Qubits 2025 User Conference in Arizona

February 6, 2025 15:07:03

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”) announced that its Qubits 2025 quantum computing user conference will be held in Scottsdale, Arizona, from March 31 to April 1. Themed “Quantum Realized,” the event will feature presentations from industry leaders, customers, and D-Wave executives, highlighting real-world applications of D-Wave’s quantum computing technology.

Speakers include representatives from IDC, Davidson Technologies, NTT DOCOMO, and SAS. D-Wave CEO Dr. Alan Baratz stated that the conference is a key opportunity to explore the impact of quantum and AI. The first day of the event will be livestreamed for remote attendees.

To view the full press release, visit https://ibn.fm/Gc8Q1

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software, and services. We are the world’s first commercial supplier of quantum computers, and the only company building both annealing and gate-model quantum computers. Our mission is to help customers realize the value of quantum, today. Our 5,000+ qubit AdvantageTM quantum computers, the world’s largest, are available on-premises or via the cloud, supported by 99.9% availability and uptime. More than 100 organizations trust D-Wave with their toughest computational challenges. With over 200 million problems submitted to our Advantage and Advantage2TM systems to date, our customers apply our technology to address use cases spanning optimization, artificial intelligence, research and more. Learn more about realizing the value of quantum computing today and how we’re shaping the quantum-driven industrial and societal advancements of tomorrow: www.dwavequantum.com.

Forward-Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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What You Need to Know About Plans to Ban TikTok 

February 6, 2025 10:05:00

TikTok has become one of the most popular social media platforms in the world, with millions of users scrolling through short videos daily. But there’s been a lot of talk about banning TikTok in some countries, especially in the U.S. If you’re wondering what’s going on and why, here’s what you need to know.

The main reason behind the push to ban TikTok is national security concerns. TikTok is owned by ByteDance, a Chinese company, and some governments worry that the app could share user data with the Chinese government. While TikTok has repeatedly denied these claims, many officials believe it still…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

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TikTok’s Troubles in the US Highlight the Classic Battle for Social Media Dominance

February 4, 2025 09:05:00

The ongoing drama surrounding TikTok in the United States is more than just a potential ban, it’s a glimpse into the power struggle shaping the future of social media. With tech giants, politicians, and investors all watching closely, the fate of TikTok highlights a much bigger issue: Who really controls the digital world?

TikTok’s U.S. ban has been discussed for years, with concerns primarily tied to its Chinese ownership. Lawmakers claim the app poses a security risk because of its ties to China-based ByteDance. They fear that user data could be accessed by the Chinese government, a claim TikTok has repeatedly…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

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Russian Power Operator Turns to BTC Mining to Utilize Excess Capacity

January 31, 2025 10:05:00

Russia’s largest electric grid operator, Rosseti Group, is exploring Bitcoin mining to make use of its extra power supply. The company wants to connect cryptocurrency mining facilities to its underused power centers, reducing wasted energy while boosting revenue and local economies. Rosseti operates Russia’s vast power grid, and in some areas, its power supply centers are not fully used. Instead of letting this extra electricity go to waste, the company sees Bitcoin mining as a way to make better use of it.

Bitcoin mining requires a lot of electricity. By hosting mining operations, Rosseti can increase electricity sales and bring more money into the system. It also hopes to help local economies by creating jobs and generating tax revenue. The company is considering a special electricity price plan for miners to regulate…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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Bitcoin Mining Boosts Texas Grid Stability, Saves $18 Billion for the State

January 30, 2025 10:05:00


Texas has found an unlikely ally in its battle for grid stability—Bitcoin mining. A new report by the Digital Assets Research Institute (DARI) reveals that Bitcoin mining has saved the state an astonishing $18 billion by reducing reliance on its traditional gas peaker plants. This innovative solution is proving to be not only cost-effective but also environmentally advantageous.

The Texas electrical grid has faced serious challenges in recent years, including the devastating 2021 winter storm that led to widespread blackouts. Historically, grid operators have used gas peaker plants to handle spikes in electricity demand. However, these plants are expensive, inefficient, and emit…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

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Report Shows 2025 Will Be Good for Investment Banking

January 28, 2025 10:05:00

Wall Street is heading into 2025 with strong results and high hopes for the year ahead. A recent report from Morningstar DBRS Inc. highlights how major banks performed well in the last quarter of 2024, signaling a bright future for investment banking.

Big banks like JP Morgan Chase, Bank of America, Citigroup, Goldman Sachs, and Morgan Stanley reported better-than-expected results. Together, their revenues were up 14% compared to the same time in 2023. Even more impressively, their earnings are now 37% higher than they were before the…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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Researchers Discover New Electrolyte that Could Transform Solid-State Batteries

January 24, 2025 10:05:00

groundbreaking discovery by researchers from China and Germany could change the way we use batteries. These scientists have developed a new lithium-sulfur (LiS) solid-state battery with an innovative glass-like electrolyte. This design promises faster charging, greater energy storage, and longer durability, potentially making current battery technology outdated.

So what’s so special about the new battery? The secret to this breakthrough lies in the electrolyte. Traditional batteries use a liquid electrolyte, which can leak or cause safety issues. This new battery uses a solid electrolyte made from boron, sulfur, lithium, phosphorus, and iodine. While it is solid, it has…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Raises $150 Million in Equity Offering

January 24, 2025 09:55:45

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the first commercial provider of quantum computers, has completed its $150 million “at-the-market” equity offering program, selling shares at an average price of $6.10, a 3.7% premium over the volume-weighted average price during the sales period. The company currently has approximately $320 million in cash, which it will use for working capital and capital expenditures in support of D-Wave’s ongoing technical development efforts and business operations. CEO Dr. Alan Baratz stated that the company believes that the funds will provide the company with the capital necessary to fully execute its operating plan to sustained profitability and positive cash flow.

To view the full press release, visit https://ibn.fm/LiET3

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers—and the only company building both annealing quantum computers and gate-model quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave’s technology has been used by some of the world’s most advanced organizations including Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

Forward Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: https://www.BillionDollarClub.com/Disclaimer

BillionDollarClub
Austin, Texas
www.BillionDollarClub.com
512.354.7000 Office
[email protected]

BillionDollarClub is powered by IBN

Breakthrough in Hydrogen Fuel Cell Technology Promises to Change Green Energy

January 23, 2025 10:05:00

Green energy is taking a giant leap forward thanks to researchers who have developed a compact and powerful hydrogen fuel cell. This invention brings clean energy closer to everyday use. From powering cars and devices to lighting up remote areas, this breakthrough is set to transform how we access sustainable energy.

Hydrogen fuel cells are celebrated as a game-changer in the energy world. Unlike traditional batteries or fossil fuels, they produce electricity through a chemical reaction between hydrogen and oxygen, with water vapor as the only byproduct making them one of the cleanest…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: https://www.BillionDollarClub.com/Disclaimer

BillionDollarClub
Los Angeles, CA
www.BillionDollarClub.com
310.299.1717 Office
[email protected]

BillionDollarClub is powered by IBN

Home Bitcoin Mining Could Soon Be Within Reach for Everyone 

January 17, 2025 07:05:00

Bitcoin mining has traditionally been seen as something only large companies with expensive equipment could do. But times are changing. New technologies and devices are making it possible for anyone, even those without technical skills, to mine Bitcoin at home. This could be a game-changer for decentralizing the Bitcoin network and getting more people involved in its growth.

One of the key benefits of home Bitcoin mining is that it helps make the network more secure and decentralized. When mining is done by large corporations, the network becomes more dependent on a few big players. But when everyday people mine Bitcoin at home, the network spreads out, making it…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: https://www.BillionDollarClub.com/Disclaimer

BillionDollarClub
Los Angeles, CA
www.BillionDollarClub.com
310.299.1717 Office
[email protected]

BillionDollarClub is powered by IBN

Why NIO Inc. is a Good Investment Option Among Small-Cap Firms 

January 16, 2025 07:05:00

Small-cap stocks are gaining attention as a smart choice for investors in 2025. These companies, typically smaller in size, often grow faster than bigger firms and can deliver high returns. Among them, NIO Inc.(NYSE: NIO), stands out. Let’s explore why the leading Chinese electric vehicle (EV) maker is a great investment option out of the large pool of small cap companies available.

Experts predict 2025 will be a strong year for small-cap stocks. Tom Lee, a well-known market analyst, says that lower interest rates and supportive government policies will help these companies grow. Another expert, Delano Saporu, agrees and highlights that small-cap stocks are in a good position to…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: https://www.BillionDollarClub.com/Disclaimer

BillionDollarClub
Los Angeles, CA
www.BillionDollarClub.com
310.299.1717 Office
[email protected]

BillionDollarClub is powered by IBN

What Nvidia’s Jensen Huang Overlooked Regarding Quantum Computing

January 14, 2025 07:05:00

Nvidia CEO Jensen Huang is widely recognized as a pioneer in artificial intelligence (AI) and graphics processing units (GPUs). His vision has reshaped industries, particularly with Nvidia’s GPUs powering advancements in machine learning, gaming, and supercomputing. Yet, when it comes to quantum computing, a technology poised to redefine computational capabilities, Huang may have overlooked some crucial aspects that could impact Nvidia’s dominance in the tech world.

Quantum computing operates on principles completely opposite of classical computing. While GPUs excel in parallel processing for AI and simulations, quantum computers leverage qubits to perform calculations exponentially faster for certain problems. Huang has emphasized Nvidia’s focus on…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: https://www.BillionDollarClub.com/Disclaimer

BillionDollarClub
Los Angeles, CA
www.BillionDollarClub.com
310.299.1717 Office
[email protected]

BillionDollarClub is powered by IBN

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Projects Approximately 120% Growth in 2024 Bookings, Secures First Advantage™ System Customer Sale

January 13, 2025 10:47:32

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”) announced that fiscal 2024 bookings will exceed $23 million, an approximately 120% increase from 2023, and fiscal Q4 bookings reached at least $18 million, an approximately 500% rise from $3 million in Q4 2023 bookings. The company also secured its first customer purchase of a D-Wave Advantage annealing quantum computing system, the world’s largest quantum computer with over 5,000 qubits, marking a significant expansion in its revenue model by including on-premise system sales alongside its Leap™ quantum cloud service. D-Wave ended fiscal 2024 with a record approximately $178 million in cash.

To view the full press release, visit https://ibn.fm/1c6rA

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers—and the only company building both annealing quantum computers and gate-model quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave’s technology has been used by some of the world’s most advanced organizations including Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

Forward Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: https://www.BillionDollarClub.com/Disclaimer

BillionDollarClub
Austin, Texas
www.BillionDollarClub.com
512.354.7000 Office
[email protected]

BillionDollarClub is powered by IBN

Rivian Shares Soar After Fixing Production Problems

January 10, 2025 07:05:00

Rivian Automotive Inc. (NASDAQ: RIVN) has seen a big jump in its stock price. The company recently announced strong sales in the last quarter of 2024 and shared good news about fixing its production issues. These updates have made investors excited about Rivian’s future.

In the fourth quarter of 2024, Rivian delivered 14,183 vehicles. This was much higher than the 12,700 vehicles that experts had predicted. These deliveries included Rivian’s popular R1T pickup trucks, R1S SUVs, and delivery vans for…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: https://www.BillionDollarClub.com/Disclaimer

BillionDollarClub
Los Angeles, CA
www.BillionDollarClub.com
310.299.1717 Office
[email protected]

BillionDollarClub is powered by IBN

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) to Highlight Quantum Computing Advances at Needham Growth Conference

January 7, 2025 11:06:40

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leading quantum computing company, announced that it is participating in the 27th Annual Needham Growth Conference on Jan. 14, 2025. A fireside chat will feature CEO Dr. Alan Baratz and Needham senior analyst Quinn Bolton discussing D-Wave’s advancements in quantum computing, its leadership in quantum optimization as a key use case, the growing application of its annealing technology in customer production environments, and the intersection of quantum computing and AI.

To view the full press release, visit https://ibn.fm/zEu2M

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers—and the only company building both annealing quantum computers and gate-model quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave’s technology has been used by some of the world’s most advanced organizations including Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

Forward Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information

available to us on the date hereof. We undertake no duty to update this information unless required by law.

About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: https://www.BillionDollarClub.com/Disclaimer

BillionDollarClub
Austin, Texas
www.BillionDollarClub.com
512.354.7000 Office
[email protected]

BillionDollarClub is powered by IBN

Lucid Unveils Advanced AI Voice Chat in its EVs

January 7, 2025 07:05:00

Lucid Motors (NASDAQ: LCID) has introduced a groundbreaking feature in its electric vehicles (EVs): the ‘Lucid Assistant.’ Powered by SoundHound AI’s innovative Chat AI technology, this advanced voice assistant aims to revolutionize how drivers interact with their cars.

The Lucid Assistant is designed to make driving safer and more convenient. With simple voice commands activated by saying “Hey Lucid,” drivers can control essential vehicle functions like navigation, access the full car manual, and get real-time information. This hands-free interaction allows drivers to focus on the…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: https://www.BillionDollarClub.com/Disclaimer

BillionDollarClub
Los Angeles, CA
www.BillionDollarClub.com
310.299.1717 Office
[email protected]

BillionDollarClub is powered by IBN

What Coinbase’s Stock Surge Could Mean for the Broader Crypto Industry

January 3, 2025 07:05:00

In a surprising development, Coinbase Global, Inc. (NASDAQ: COIN) has seen its stock price skyrocket, capturing attention across the financial world. This surge comes as a pleasant surprise for investors who had grown cautious due to the unpredictable nature of cryptocurrency markets. More than just a win for Coinbase, this rally signals broader implications for the crypto industry.

The sudden increase in stock from Coinbase is closely linked to the comeback within cryptocurrency market. Popular digital currencies like Bitcoin and Ethereum have seen increased trading activity, with investors showing renewed confidence. This activity has boosted Coinbase’s revenue as the…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: https://www.BillionDollarClub.com/Disclaimer

BillionDollarClub
Los Angeles, CA
www.BillionDollarClub.com
310.299.1717 Office
[email protected]

BillionDollarClub is powered by IBN

Alibaba, E-Mart from South Korea Plan Joint e-Commerce Venture Worth Billions

January 2, 2025 07:05:00


Alibaba Group Holding Ltd. (NYSE: BABA)
, one of the world’s largest e-commerce companies, is partnering with E-Mart, a leading retailer in South Korea, to create a major new business. Together, they plan to merge their online platforms, AliExpress Korea and Gmarket, into a joint e-commerce venture. Each company will own 50% of the partnership, making it an equal collaboration.

This venture is expected to launch next year. Interestingly, while the two companies are joining forces, AliExpress Korea and Gmarket will still operate separately. According to E-Mart’s parent company, Shinsegae Group, the goal is to enhance Gmarket’s services and improve the overall shopping…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: https://www.BillionDollarClub.com/Disclaimer

BillionDollarClub
Los Angeles, CA
www.BillionDollarClub.com
310.299.1717 Office
[email protected]

BillionDollarClub is powered by IBN

Rumble Stock Dips 11%, Insiders Seem to Have Made a Right Call by Selling Early

December 27, 2024 07:05:00


Rumble Inc. (NASDAQ: RUM)
 stock has dropped 11% in value over the past week, leading to a significant market valuation decrease of $255 million. However, company insiders appear to have avoided the pain of this loss by selling their shares earlier at a much higher price.

Over the past year, Rumble insiders sold $6.1 million worth of shares at an average price of $6.07 per share. The most notable sale came from Robert Arsov, Rumble’s Lead Independent Director, who sold $711,000 worth of shares at around $7.02 per share. Arsov sold a total of a million shares over the…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: https://www.BillionDollarClub.com/Disclaimer

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QuantumScape CFO Sells Over 50,000 Company Shares, Triggering Speculation

December 26, 2024 07:05:00

QuantumScape Corp. (NYSE: QS)’s Chief Financial Officer Kevin Hettrich recently sold over 50,000 shares of the company, generating $281,017.35 in the process. The news has caught the attention of investors and sparked a series of questions about what it might mean for the future of the battery technology leader.

Even after this significant sale, Hettrich retains ownership of over one million shares, valued at more than $5 million. While it’s not uncommon for company executives to sell their stock, the size of this transaction and its timing have raised eyebrows. Was this a routine personal decision, or does it hint at a deeper…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: https://www.BillionDollarClub.com/Disclaimer

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Nio Inc. Sees 4,400 of its New EVs Get Auto Insurance in China in One Week

December 20, 2024 07:05:00


Nio Inc. (NYSE: NIO)
, a leading electric vehicle (EV) company in China, saw a strong rise in insurance registrations for its cars last week. Between December 9 and December 15, 2024, 4,400 Nio vehicles were registered for auto insurance. This marks an increase of nearly 19% compared to 3,700 registrations the week before.

This boost shows that demand for vehicles from Nio is growing as the company approaches its delivery goals for the year. The company’s sub-brand, Onvo, also recorded a notable increase. Onvo had 1,700 insurance registrations last week, an 18.88% rise from the…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: https://www.BillionDollarClub.com/Disclaimer

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Free Shipping Drives Alibaba’s Taobao to New e-Commerce Highs

December 17, 2024 07:05:00

Alibaba Group Holding Ltd. (NYSE: BABA)’s Taobao has reached new heights in the global e-commerce landscape, achieving over $20 billion in gross merchandise value (GMV) in its overseas business this year. This remarkable milestone reflects robust year-on-year growth and positions Taobao as a strong competitor among cross-border e-commerce platforms like Shein, Temu, and TikTok Shop. Despite a lower marketing profile, the Chinese online shopping platform’s innovative strategies and localized services have driven its success, particularly through its free shipping initiative.

Taobao was launched in 2013 to address the organic demand arising from overseas Chinese nationals who were already acquainted with the platform. Over the years, it evolved to meet broader international needs. Rebranded as Tmall Global way back in 2016, it embraced the consumption upgrade strategy by…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

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BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Completes $175M Equity Offering, Strengthening Financial Position

December 16, 2024 10:39:03

D-Wave Quantum (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, announced the successful completion of $175 million in gross proceeds from its $100 million and $75 million “at-the-market” equity offering programs. The $75 million program, initiated on December 9, closed at an average price of $4.8149 per share, with D-Wave stock trading at a Volume Weighted Average Price of $4.6625 over the same period.

The company expects to conclude the fiscal 2024 fourth quarter with at least $160 million in cash. The funds will be used to support working capital, capital expenditures, and technical development. In the press release, CEO Dr. Alan Baratz highlighted the role of D-Wave’s 5,000-qubit Advantage™ quantum computer in driving commercial adoption of annealing quantum computing and emphasized the funding’s importance for executing against its product and go-to-market strategies and roadmaps.

To view the full press release, visit https://ibn.fm/ssni9

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers—and the only company building both annealing quantum computers and gate-model quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave’s technology has been used by some of the world’s most advanced organizations including Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

Forward Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: https://www.BillionDollarClub.com/Disclaimer

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Lucid Motors Stock Jumps as US EV Tax Credit Rumors Emerge

December 13, 2024 07:05:00

Lucid Motors (NASDAQ: LCID) stock experienced a significant surge on December 9, 2024, rising by 10% to close at $2.30. The surge came amidst rumors that President-elect Donald Trump might revise his position on U.S. electric vehicle (EV) tax credits. Speculation about policy changes and news of Lucid’s Gravity SUV production drove trading activity, with volume reaching 150.3 million shares—nearly double the daily average.

There have been market rumors spreading around suggesting that the new President-elect might reverse his earlier stance on eliminating EV tax credits. While American EV manufacturers’ luxury vehicles are priced above the current eligibility limits, this news brought optimism to the…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

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Why NIO Inc. Stands Out as an Attractive Investment

December 12, 2024 07:05:00

NIO Inc. (NYSE: NIO), a leading electric vehicle (EV) company, is quickly becoming a favorite among investors. Known for its cutting-edge technology and global ambitions, NIO offers strong potential for long-term growth. Let’s explore why NIO is an attractive investment.

NIO, which is headquartered in Shanghai, China, is at the forefront of EV innovation. In 2023, the company introduced a 150 kWh semi-solid-state battery, a breakthrough in the industry. The battery increased the driving range of its cars to an impressive 578 miles per charge, far surpassing the range of…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

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Lucid Replaces its European Boss, Starts Producing SUVs

December 10, 2024 07:05:00

Lucid Motors (NASDAQ: LCID), a well-established electric vehicle (EV) manufacturer from the United States, has recently made notable changes in its leadership team and production plans. First, the company announced the replacement of its European boss Alexander Lutz with Lawrence Hamilton, a seasoned automotive executive. Second, Lucid has officially begun producing its much-anticipated Gravity electric SUV on a full scale. These updates represent important steps for Lucid as it continues to navigate the competitive electric vehicle market.

The most recent change at Lucid Motors is the replacement of Alexander Lutz as the Managing Director of Lucid Motors Europe. Lutz, who had been in the role for less than a year, was responsible for overseeing the company’s operations and strategy across Europe. His departure came unexpectedly, just…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

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“Optimism” and Anime Inspire Rivian’s EV Controls Overhaul

December 6, 2024 07:05:00

Rivian Automotive Inc. (NASDAQ: RIVN), an electric vehicle (EV) manufacturer, is taking a fresh approach to car controls. Instead of the boring and plain designs many cars use, Rivian has created something fun, colorful, and inspired by anime and optimism. This new design makes interacting with the car more enjoyable and reflects Rivian’s vision for a better, more sustainable future.

Jeff Hammoud, Rivian’s Chief Design Officer, explains that the goal behind the redesign was to bring “optimism” into the driving experience. Unlike the aggressive and harsh designs often seen in trucks, Rivian wanted their vehicles to feel welcoming and friendly. Hammoud says their…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

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Marathon Buys 700 BTC, Plans More Purchases

December 5, 2024 08:05:00

Marathon Digital Holdings Inc. (NASDAQ: MARA), commonly known as MARA, has added 703 BTC to its holdings this November. This brings its total Bitcoin stash to 34,794 BTC, worth $3.3 billion today. With this, Marathon is now the second-largest company holding Bitcoin, just behind MicroStrategy.

The company, which is focused on Bitcoin, raised $1 billion by selling special financial notes that don’t charge interest. From this, the company used $200 million to buy back older notes. The rest, $160 million, is set aside to buy more Bitcoin in the…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

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BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Appoints Sharon Holt to Board of Directors

December 4, 2024 10:15:35

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, has appointed Sharon Holt to its board of directors. Joining recent board additions John DiLullo and Rohit Ghai, Holt brings extensive experience in semiconductors, embedded technologies, and intellectual property via executive roles held at Rambus Inc., Agilent Technologies, and HP. Currently a principal at Fraser Stuart Ventures, she also serves on the board of Infinera Corp.

Holt expressed enthusiasm for supporting D-Wave’s role in advancing quantum computing for real-world applications, while board chair Steve West highlighted her expertise in go-to-market strategies as vital for accelerating the company’s growth. CEO Dr. Alan Baratz underscored the timing of Holt’s appointment as it relates to assisting D-Wave capitalize on its immediate advantages while building a solid and profitable business for the long-term.

To view the full press release, visit https://ibn.fm/tTbio

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers—and the only company building both annealing quantum computers and gate-model quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave’s technology has been used by some of the world’s most advanced organizations including Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

Forward Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

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Riley Sees Additional Financial Advisors Exiting the Firm

December 3, 2024 07:05:00

Riley Financial Inc. (NASDAQ: RILY), a leading investment bank, has faced a tough year with its stock price dropping by more than 68%. The dramatic decline reflects major struggles, including financial challenges, advisors leaving, and increased regulatory scrutiny. Several experienced financial advisors have chosen to leave B. Riley for its competitors in recent months.

One of these advisors is Brian T. Cohen, who joined Ceros Financial Services on 18th last month, according to public records. Just days earlier on Nov. 14, Russ Zalatimo, HudsonPoint Capital’s head, joined…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

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NIO’s Q3 Losses Higher Than Anticipated, Firm Upbeat About Q4

November 26, 2024 07:05:00

NIO Inc. (NYSE: NIO) faced rigorous challenges in the third quarter of 2024 compared to the same period in 2023. The leading electric vehicle (EV) maker from China reported a loss of $0.36 per American Depositary Share (ADS), exceeding analysts’ expectations of a $0.32 loss. Revenue also disappointed, totaling $2.66 billion, falling short of the forecasted $2.70 billion, a 2.1% dip from the previous year.

Despite these setbacks, NIO remains optimistic about its future. For the fourth quarter, the company anticipates a significant rebound. It expects to deliver between 72,000 and 75,000 vehicles, marking a year-over-year growth of 43.9% to 49.9%. Expected revenue is between…

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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Why Tesla Continues to Appeal to EV Drivers

November 22, 2024 07:05:00

When it comes to electric vehicles (EVs), Tesla Inc. (NASDAQ: TSLA) has a way of staying ahead of the pack. Its unique cost savings, cutting-edge technology, and environmental impact make it a top choice for drivers switching from traditional cars. Whether you’re looking for lower fuel costs, high-end safety features, or a stylish ride, Tesla keeps proving why it’s worth the hype.

Tesla makes it clear that driving electric vehicles can save you big money. Unlike traditional SUVs, which can guzzle expensive fuel, Teslas are cost-efficient. It’s cheaper even at public charging stations. Over time, these savings become significant, especially for those who drive frequently. As fuel prices continue…

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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Nikola Recalls Dozens of its Trucks as Defective Display Raises Possibility of Crashes

November 21, 2024 07:05:00

Nikola Corporation (NASDAQ: NKLA) has issued a recall for 72 of its battery-electric trucks due to a significant safety concern related to the instrument panel. According to the National Highway Traffic Safety Administration (NHTSA), the display in these trucks may fail, leaving drivers unable to see important information such as speed and range. This defect increases the risk of accidents and has prompted Nikola to take action.

The affected trucks are from the 2022-2023 model years, and the electric truck manufacturer has assured its customers that the issue will be resolved free of charge. Dealers will replace the faulty instrument panels to ensure the trucks are roadworthy again. While the defect poses a significant…

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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Efficiency Gains Cause Research Firm to Raise its Targets for Marathon Performance 

November 19, 2024 07:05:00

Marathon Digital Holdings (NASDAQ: MARA), a leading cryptocurrency mining company, is turning heads with its efficiency gains and strategic growth. H.C. Wainwright, a prominent research firm, has raised its price target for Marathon from $27 to $28 while maintaining its “Buy” rating. The upgrade acknowledges the company’s significant operational improvements and proactive strategies, demonstrating resilience and adaptability despite facing revenue challenges.

In its third-quarter earnings report for 2024, Marathon posted revenue of $131.6 million, reflecting a 9% decline from the previous quarter’s $145.1 million. Despite this dip, the company delivered remarkable operational results. Marathon’s energized hash rate, a key measure of mining power, surged by…

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Reports Q3 Progress with New Partnerships, Technical Milestones, and Continued Exploration of Quantum AI Solutions

November 15, 2024 11:00:48

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”) shared its Q3 2024 business results, highlighting continued advancements in commercial quantum computing. Key developments include NTT DOCOMO, Japan’s largest mobile phone operator, planning to deploy a D-Wave-powered network optimization solution, a collaboration with Japan Tobacco on drug discovery leveraging quantum with artificial intelligence (AI), and D-Wave’s designation as “awardable” on the US Department of Defense’s Tradewinds marketplace.

From a technology perspective, the company also completed calibration and benchmarking on a 4,400-qubit Advantage2™ processor, which is showing significant performance gains over the current Advantage™ system, the world’s largest quantum computer. D-Wave also introduced industry-leading service-level agreements for its LeapTM quantum cloud customers and outlined continued exploration of quantum-fueled AI architectures.

In addition, a new strategic partnership with Staque, a leading consulting and development practice in AI, blockchain and quantum computing, focused on the Middle East and corporate membership with the Chicago Quantum Exchange signal D-Wave’s expanding global footprint in quantum solutions for diverse industries.

To view the full press release, visit https://ibn.fm/V50aT

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers—and the only company building both annealing quantum computers and gate-model quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave’s technology has been used by some of the world’s most advanced organizations including Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

Forward Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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Nikola Establishes itself as the Market Leader for Hydrogen-Powered Vehicles

November 14, 2024 07:05:00


Nikola Corporation (NASDAQ: NKLA)
 is rapidly establishing itself as a leader in the hydrogen fuel cell trucking industry, a critical development as the world looks to reduce emissions in heavy-duty transportation. Through key partnerships and strategic deliveries, Nikola has gained substantial ground in the North American hydrogen-powered truck market, distinguishing itself as an early mover.

Recently, Nikola hit a key landmark by delivering dozens of hydrogen fuel cell electric vehicles (FCEVs) to fleets across the U.S. Nikola, which is already partnering with industry giants like J.B. Hunt and DHL, has shown that hydrogen-powered trucks can work well in commercial logistics. The aim here is to address…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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Post-Election Market Rally Makes Coinbase CEO at Least $2bn Richer

November 12, 2024 07:05:00

The wealth of Coinbase CEO Brian Armstrong surged by more than $2 billion following a record-breaking 31% increase in Coinbase Global Inc. (NASDAQ: COIN) shares on November 6, 2024. The market rally stemmed from a successful Election Day for candidates backing pro-crypto policies, making Armstrong the biggest beneficiary of the crypto industry’s growing political influence.

The sharp rise in Coinbase’s stock came after victories for pro-crypto candidates, particularly in Ohio, where Republican Bernie Moreno triumphed over Democratic incumbent Sherrod Brown in the Senate race. Armstrong, who is the co-founder of Coinbase and has considerable investments in the…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Showcases Quantum Computing Innovations at University of Southern California’s Quantum Technologies Forum

November 8, 2024 11:42:02

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”) recently participated in the Quantum Technologies Forum hosted by the University of Southern California (USC), presenting the latest advancements in its annealing quantum computing technology. D-Wave’s participation in the event highlights the company’s ongoing partnership with USC, which was the first organization to host a D-Wave Advantage™ quantum system in the United States in 2022.

Through D-Wave’s Leap™ quantum cloud service, USC’s Viterbi School of Engineering has leveraged this 5,000+ qubit system—the largest of its kind—for pioneering research in areas such as protein binding classification and quantum coherence. The forum, which convened experts across academia, industry, and government, aims to further quantum research and establish Southern California as a hub for quantum technology development.

To view the full press release, visit https://ibn.fm/80lT5

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers—and the only company building both annealing quantum computers and gate-model quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave’s technology has been used by some of the world’s most advanced organizations including Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

Forward Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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Alibaba Lays Off Dozens from its Metaverse Unit Amid Sector Slowdown

November 8, 2024 07:05:00

Alibaba Group has laid off dozens of employees from its metaverse division, Yuanjing, in light of a decline in the buzz about the metaverse. By restructuring the teams in the Shanghai and Hangzhou offices, the Chinese multinational technology company aims to enhance organizational efficiency. However, despite these cutbacks, the company reassures that its metaverse efforts will continue, focusing on metaverse tools and services for its customers.

Founded in 2021 during a period of intense enthusiasm for the metaverse, Yuanjing had been part of Alibaba Group Holding Ltd. (NYSE: BABA)‘s wider effort into virtual and augmented reality technologies. At its most successful point, the unit received investment running up to billions and…

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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Rumble Inc. Insiders Still Hold Majority Stake in the Firm, Recent Sales Notwithstanding

November 7, 2024 08:05:00


Rumble Inc. (NASDAQ: RUM)
 is firmly controlled by its insiders, with over half of its shares held by only a small group. Although some insiders have sold shares recently, they still hold a big portion of the company, so they’re set to profit if the stock goes up but also face risks if it drops. The concentrated ownership structure reveals how the video-sharing platform’s fortunes are strongly linked to its insiders’ interests.

The top four shareholders at the heart of Rumble’s ownership structure are holding a commanding 51% of the company. Rumble’s CEO Christopher Pavlovski leads the group, and personally controls 37% of the shares. Other shareholders include notable figures like Daniel Bongino and Robert Arsov, who own…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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CleanSpark Increases Efficiency with New Immersion-Cooled Canaan Bitcoin Miners

November 5, 2024 07:05:00

In a recent expansion that is intended to boost operational efficiency, CleanSpark Inc. has made a major purchase. The prominent bitcoin mining and energy technology company bought a new batch of 3,800 Avalon A1566I bitcoin miners from the Chinese tech manufacturer Canaan Inc. (NASDAQ: CAN). Beyond just benefiting CleanSpark by helping it grow its mining capacity, the collaboration marks a significant step in the firm’s mission to develop a more energy-efficient and sustainable mining fleet.

Expected to arrive in the fourth quarter of 2024, these cutting-edge mining machines will run at 249 terahash per second (TH/s) without overclocking. The Avalon A1566I model supports immersion cooling, an advanced technique where machines are submerged in a specially designed cooling…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) to Report Q3 Financial Results and Host Investor Call

November 4, 2024 12:04:42

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leading quantum computing company, will release its financial results for the third quarter of fiscal year 2024 ended September 30, 2024 on November 14, prior to market opening. Following the release, D-Wave will hold a conference call at 8 a.m. ET, featuring CEO Dr. Alan Baratz and CFO John Markovich, to discuss the financial results and provide insights into the company’s business outlook. Investors can join the call through the dial-in numbers provided via the press release.

To view the full press release, visit https://ibn.fm/2oxyv

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers—and the only company building both annealing quantum computers and gate-model quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave’s technology has been used by some of the world’s most advanced organizations including Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

Forward Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

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Riley Starts Covering Stardust Power

November 1, 2024 08:05:00

Riley Financial Inc. (NASDAQ: RILY) has issued a “Buy” rating on Stardust Power Inc. (NASDAQ: SDST), setting a promising price target of $12.00 per share. The diversified financial company recognizes great possibilities in Stardust’s strategies for building one of the largest lithium refineries in the U.S., located in Muskogee, Oklahoma. When fully operational, the refinery is expected to produce an impressive 50,000 metric tons of lithium annually. As final engineering and financing continue, the plant’s strong economic prospects and speedy development schedule have placed Stardust firmly within the lithium market.

Stardust Power has decided to distinguish itself using direct lithium extraction (DLE) technology. B. Riley considers Stardust a unique pick in the lithium industry because DLE could be the next big leap forward. DLE offers significant environmental benefits and efficiency gains, unlike traditional extraction methods. DLE is a much greener, more cost-effective approach that could put Stardust in a position to meet industry standards for more sustainable mining.

At current prices, B. Riley believes Stardust trades below its true value, trading at a 32% price-to-net asset value (P/NAV), implying a lithium price of $18,350 per metric ton. While the Los Angeles-based company has initially applied a cautious 50% P/NAV discount, it’s open to revising this as Stardust hits major milestones for the Muskogee project, adding a sense of potential upside for investors keeping a close eye on the stock.

In addition to the major Muskogee project, Stardust has secured a 90-day exclusivity agreement with KMX Technologies to negotiate using its vacuum membrane distillation (VMD) technology. If Stardust manages to secure exclusive rights, VMD could help it reduce both operating costs and capital needs across its supply chain. The partnership might just give Stardust an edge by keeping expenses low while scaling production.

Furthermore, leadership changes are in motion. Paramita Das, who recently joined as Chief Strategy Officer, is expected to boost Stardust’s commercialization strategy, driving growth as the company moves closer to launching the Muskogee plant. Stardust also secured a $4.7 million engineering contract with Primero USA to assist in design and engineering, a key step with completion set for mid-2025.

Nonetheless, Stardust is facing some challenges. For instance, like many early-stage companies, it’s yet to be profitable, with recent reports showing a loss of $4.59 million in adjusted operating income over the past year. As it approaches production, hitting performance and cost targets will be crucial.

As demand for lithium grows, largely driven by electric vehicles, Stardust is positioned to make an impact. B. Riley’s endorsement signals confidence that Stardust has the potential to become a significant player in U.S. lithium production, especially as it meets critical project milestones and moves toward production.

About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

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BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Strengthens Board with Key Appointments

October 31, 2024 11:11:28

D-Wave Quantum (NYSE: QBTS) (“D-Wave”) has appointed technology leaders John DiLullo, CEO of Deepwatch, and Rohit Ghai, CEO of RSA, to its board of directors as the company executes an aggressive go-to-market strategy designed to drive the rapid adoption of its annealing quantum computing solutions across global businesses, research institutions and government agencies.

DiLullo and Ghai bring extensive expertise in accelerating growth and profitability, commercial technology adoption, and digital transformation. Their additions are strategically timed as D-Wave looks to leverage growth opportunities in fields like AI, logistics, and material science, underscoring its leadership in quantum computing.

To view the full press release, visit https://ibn.fm/WHW11

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers—and the only company building both annealing quantum computers and gate-model quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave’s technology has been used by some of the world’s most advanced organizations including Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory.

Forward Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

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Riot Platforms is Positioned for Growth Despite Industry Volatility

October 31, 2024 08:05:00

Amidst the ups and downs of the cryptocurrency world, Riot Platforms Inc. (NASDAQ: RIOT) is quickly carving out a significant place for itself in Bitcoin mining. As the largest Bitcoin mining company in North America, Riot is making strategic moves to expand its operations, and many are hopeful for what lies ahead. Even though the crypto market is facing uncertainty, the mining company appears well-prepared for growth.

A major factor in the company’s promising outlook, headquartered in Colorado, is its ambitious plan to significantly increase its hash rate capacity. Riot has set targets to achieve 36 EH/s (exahashes per second) before this year ends and an impressive 56.6 EH/s as of 2025. To ensure they achieve this goal, the…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: https://www.BillionDollarClub.com/Disclaimer

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Quantum Processing Units Could Redefine the Future of Computing

October 23, 2024 08:05:00

Quantum Processing Units (QPUs) are no longer sci-fi concepts but real game-changers in the world of computing. Unlike the classical processors we’ve relied on for decades, QPUs use quantum bits, or qubits, which have the ability to exist in multiple states at once. As a result, they can process information in ways classical computers never could, opening doors to solving problems that were once thought unsolvable.

So, what’s behind QPUs’ power? It comes down to two key quantum properties: superposition and entanglement. Superposition allows qubits to represent both 0 and 1 simultaneously, while entanglement lets qubits influence each other, even from a distance. Together, these properties enable QPUs to…

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NOTE TO INVESTORS: The latest news and updates relating to D-Wave Quantum Inc. (NYSE: QBTS) are available in the company’s newsroom at https://ibn.fm/QBTS

About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: https://www.BillionDollarClub.com/Disclaimer

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Latest Update to Make Rivian EVs Rekindle Memories from Knight Rider

October 21, 2024 08:05:00

Rivian Automotive Inc. (NASDAQ: RIVN) has officially initiated a Halloween-themed update that’s bringing some nostalgic fun to its electric vehicles. As of October 18, Rivian owners can transform their cars into iconic rides from Knight Rider and Back to the Future, adding a unique twist to their driving experience.

With the new software update, Rivian is offering “car costumes” for drivers to change their vehicle’s display and, in some cases, its exterior lights to match the look and feel of these classic TV shows and movies. Additionally, the vehicle’s interior screen can mimic K.I.T.T.’s dashboard , a great plus for…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

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Lucid Says it Will Launch Sales of its New SUV Before This Year’s End

October 18, 2024 08:05:00

Lucid Motors (NASDAQ: LCID) is preparing for the release of its highly expected all-electric Gravity SUV, scheduled to debut before the end of the year. The new model comes at a time when the company is celebrating significant sales growth, thanks to the success of its Air sedan.

As per Automotive News, Lucid has been breaking its own sales records for three straight quarters. In the third quarter of this year, the company delivered 2,781 of its Air sedan, marking its best performance yet. The total number of cars delivered in 2024 has now reached 7,142. In contrast, Lucid only managed to…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: https://www.BillionDollarClub.com/Disclaimer

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Alibaba Shares Climb in Aftermath of Chinese Stimulus Measures Announcement

October 16, 2024 08:05:00

Alibaba Group Holding Limited (NYSE: BABA) has been performing exceptionally well lately, and it comes as no shock. After the Chinese government announced a major stimulus package, Alibaba’s stock shot up 29.04% in only one month, and the company has gained an impressive 30.06% over the past year. By Oct. 10, 2024, the company’s stock was trading at $109.28, with a whopping market cap of $261.723 billion.

So, what’s fueling this significant increase? Well, the Chinese government’s stimulus package is designed to get the economy moving, and as one of China’s biggest e-commerce players, Alibaba was bound to benefit. Investors are feeling optimistic about how Alibaba can benefit from…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

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BillionDollarBreaks – Lucid Group Inc. (NASDAQ: LCID) Partners with Four Seasons to Provide Guests with Unique, Ecofriendly Driving Options

October 14, 2024 11:51:00

Lucid Group (NASDAQ: LCID), maker of the world’s most-advanced electric vehicles, is teaming up with Four Seasons hotels and resorts to offer complimentary cars for guest use at select locations. The collaboration begins this month and underscores the commitment both companies have for environmental stewardship as well as providing guests with flexible, unique, ecofriendly experiences during their stays. Guests can either reserve a Lucid vehicle for a complimentary driving experience or enjoy a chauffeured Lucid house car, based on availability.

In addition, Lucid is providing electric vehicle chargers, which are compatible with other electric vehicle types and will be available for both hotel guests and community members to conveniently charge their own vehicles. The program will begin this fall at select locations in the United States with additional properties in North America, Europe and the Middle East to be added in coming months.

“Every time guests step into a Lucid Air, they will be welcomed by a meticulously crafted interior, elegant design and a driving experience that is unmatched by any other vehicle on the road today,” said Lucid Group CEO Peter Rawlinson in the press release. “Through this partnership, the world’s most advanced electric vehicle will now be available as a guest amenity, further enhancing the travel experience at Four Seasons properties across the globe.”

To view the full press release, visit https://ibn.fm/fly26

About Lucid Group Inc.

Lucid is a Silicon Valley-based technology company focused on creating the most advanced EVs in the world. Its flagship vehicle, Lucid Air Grand Touring, delivers best-in-class performance and world-leading range of up to 512 miles on a single charge. Lucid is preparing its state-of-the-art, vertically integrated factory in Arizona to begin production of the Lucid Gravity SUV. The company’s goal is to accelerate humanity’s transition to sustainable transportation and energy. For more information about the company, visit www.LucidMotors.com.

About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

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Nikola Sells 88 Hydrogen-Powered Trucks in Q3 2024

October 14, 2024 08:05:00

Nikola Corporation (NASDAQ: NKLA) is making moves in the electric truck world, and this time, it’s all about hydrogen. The company recently delivered 88 Class 8 hydrogen fuel cell trucks in the third quarter, which marks a 22% increase from the previous quarter. Even though it didn’t match the massive 80% surge it saw at the beginning of the year, Nikola is right on track. Investors have taken note of this, resulting in the company’s stock jumping by 9.5% after the announcement.

But before we get too excited, let’s keep in mind that Nikola’s stock has had a rough year. It’s down more than 82% so far. A big reason for this is the overall slowdown in the electric vehicle (EV) industry, with consumer demand softening across the board. That said, the jump in truck deliveries shows there’s…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

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BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) to Participate in the 2024 INFORMS Annual Meeting in Seattle

October 11, 2024 09:15:21

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, today announced that it will participate in the 2024 INFORMS Annual Meeting scheduled for October 20-23, 2024, in Seattle, Washington. Murray Thom, D-Wave’s VP of quantum technology evangelism, will speak at the event’s Technology Showcase on October 21, highlighting how the company’s annealing quantum technology is tackling complex optimization problems for customers today.

Catherine Potts, D-Wave staff technical advisor, will lead a pre-meeting exhibitor workshop on the fundamentals of quantum computing, demonstrating use case examples and real-world live applications, on October 19. In addition, D-Wave will engage job seekers onsite during the event’s career fair and conduct live demonstrations at Booth 206 to showcase how quantum technology can help companies address real-world complexities for better answers and accelerated time-to-solution.

To view the full press release, visit https://ibn.fm/KrL6l

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers—and the only company building both annealing quantum computers and gate-model quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave’s technology has been used by some of the world’s most advanced organizations including Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

Forward Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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Rumble Director Sells Nearly 83,000 Company Shares

October 11, 2024 08:05:00

Arsov Robert, a director at Rumble Inc. (NASDAQ: RUM), recently sold almost 83,000 shares of the company’s stock and collected more than $427,900 from the sales.  The sales were in tranches of 27,500 shares, and they occurred daily, for a total of three days. The price at which he made the sales was between $5.12 and $5.24.

So, why is he selling so many of his shares? Well, it is not unusual for directors to sell off stock as part of personal financial planning. However, one should always be wary of insider activity. In many cases, investors are left wondering if it means a lack of confidence in the company’s…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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Australian Authorities to Start Enforcing New Conduct for Online Dating Industry

October 9, 2024 08:05:00

If you have ever used online dating apps, you know it’s not all swipes and sparks. Things can become quite tricky at any moment. To make things safer, Australia is stepping up with a brand-new code of conduct for dating apps, which will change the game. Platforms such as Bumble, Grindr, Tinder and Hinge are now required to boost user safety or face the consequences.

So, what has prompted this? Recent research by the Australian Institute of Criminology revealed that three of four Aussie users had experienced some form of sexual violence on these apps. In fact, sexual violence was rampant between 2016 and 2021, which is why the government has decided to establish…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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BillionDollarBreaks – Lucid Group Inc. (NASDAQ: LCID) Provides Q3 Production and Delivery Numbers, Schedules Release of Q3 2024 Financial Results

October 7, 2024 12:18:12

Lucid Group (NASDAQ: LCID), maker of the world’s most advanced electric vehicles, today announced that it produced 1,805 vehicles and delivered 2,781 vehicles during the quarter ended September 30, 2024. According to the announcement, 8% of the vehicle deliveries were subject to operating lease accounting.

The company also announced that it will host a conference call to discuss its Q3 2024 financial results subsequent to the issuance of an earnings press release. The call is scheduled for Thursday, November 7, 2024, at 2:30 p.m. PT / 5:30 p.m. ET. The link to the live webcast will be available on the company’s investor relations website at https://ir.lucidmotors.com.

To view the full press release, visit https://ibn.fm/NZgp5

About Lucid Group Inc.

Lucid is a Silicon Valley-based technology company focused on creating the most advanced EVs in the world. The flagship vehicle, Lucid Air, delivers best-in-class performance and efficiency. Lucid is preparing its state-of-the-art, vertically integrated factory in Arizona to begin production of the Lucid Gravity SUV. The company’s goal is to accelerate humanity’s transition to sustainable transportation and energy. For more information about the company, visit www.LucidMotors.com.

About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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Foray into AI Infrastructure Could Trigger Explosive Growth of Marathon Digital Stock

October 7, 2024 08:05:00

Formerly known as Marathon Digital, MARA Holding (NASDAQ: MARA) is planning for a game-changing push into the artificial intelligence (AI) space, and analysts are thrilled with anticipation. With predictions that MARA stock could increase up to threefold, this pivot into AI infrastructure has investors sitting up and paying attention.

MARA Holding is introducing a two-phase immersion cooling technology to slash the water consumption needed to cool AI infrastructure. AI systems generate massive amounts of heat, and cooling them down is a costly affair. However, reducing this resource drain ensures that MARA is offering a…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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B Riley Initiates Coverage by NASDAQ: SPOK

October 4, 2024 08:05:00

Big news for Spok Holdings Inc. (NASDAQ: SPOK); last week investment firm B. Riley Financial Inc. (NASDAQ: RILY) initiated coverage of the healthcare IT company, giving it a Neutral rating and a price target of $15. So, what does Spok do, and why does it matter?

Spok Holdings is a major player in healthcare communication solutions. It helps hospitals across the United States stay connected and coordinated. The company has the largest installed base of pagers, around 750,000, and the business is not just about paging. It exclusive Spok Care Connect software…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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Truist Securities Maintains Hold Recommendation for QuantumScape Stock

October 2, 2024 08:05:00

Truist Securities recently kept its Hold rating on QuantumScape Corp. (NYSE: QS) shares, maintaining a price target of $7. While this shows that the firm is taking a cautious stance, QuantumScape’s groundbreaking work in battery technology continues to impress. So, what’s going on with QuantumScape, and why does Truist remain on the fence?

One of the company’s biggest highlights is its QSE-5 battery, a major breakthrough in the industry. Cutting-edge architecture could set new performance standards and improve energy-storage efficiency, a crucial aspect for industries relying on efficient energy storage. If things go well, the batteries could be…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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Bitfarms, Riot Platforms Reach Settlement Over Takeover Conflict

September 30, 2024 08:05:00


After months of the takeover conflict, Bitfarms and Riot Platforms Inc. (NASDAQ: RIOT) have finally reached an agreement that promises a new chapter for both of them. The saga began earlier this year when Riot Platforms made an unsolicited move to acquire Bitfarms.

According to reports, the Bitcoin mining company offered to purchase all its outstanding stock for $2.30 per share — a 24% premium, which is a whopping $950 million. However, members of the…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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JPMorgan Maintains Bullish Outlook for NIO Stock

September 27, 2024 08:05:00

There’s some good news for electric vehicle enthusiasts and NIO Inc. (NYSE: NIO) investors; JPMorgan, a leading investment banker, recently repeated its positive stance on NIO stock, keeping an Overweight rating with a price target of $8. So, what’s fueling this optimism?

First, this bullish outlook comes immediately following JPMorgan’s analyst attending Confluent’s user conference, Current 2024, in Austin, Texas. One thing that made the event abuzz was the new innovations and strategic moves. These included Confluent’s soon-to-be-released…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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Chechen Warlord Accuses Musk of Remotely Disabling Cybertruck

September 25, 2024 08:05:00

In what feels like a plot straight out of a sci-fi movie, Chechen warlord Ramzan Kadyrov has claimed that billionaire tech mogul Elon Musk remotely deactivated a Tesla Inc. (NASDAQ: TSLA) Cybertruck that he supposedly gifted him in Chechnya. Kadyrov, who is close to Vladimir Putin, said that Musk “switched off” the Cybertruck from across the globe.

The saga began when Kadyrov shared a video of himself driving a Tesla Cybertruck outfitted with a machine gun on its roof. When Musk gifted Kadyrov the electric pickup truck, he was over the moon. According to the Chechen leader, it is fast, comfortable, maneuverable and nearly indestructible, in…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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A First in the Industry: Quantum Computer Fixes Own Errors

September 23, 2024 08:05:00

A significant milestone that promises to change technology in quantum computing has been reached. For the first time in the history of computers, a quantum computer has fixed its own errors mid-calculation. Quantum error correction, as scientists are calling it, is a process that makes quantum computers more reliable. It also has the potential to pave the way for these computers to solve problems that are a challenge for advanced classical computers.

So why does error correction matter? Well, Quantum computers are not like ordinary laptops or even phones. These machines perform calculations using quantum bits, or qubits, which harness the strange and powerful laws of quantum physics. The catch? Qubits are notoriously sensitive and can cause…

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NOTE TO INVESTORS: The latest news and updates relating to D-Wave Quantum Inc. (NYSE: QBTS) are available in the company’s newsroom at https://ibn.fm/QBTS

About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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Rivian Opts to Follow Different Philosophy from Tesla in China

September 20, 2024 08:05:00

Rivian, a young electric vehicle (EV) company, has decided to do things differently by choosing a different philosophy compared to Tesla in China. Even though Tesla popularized electric vehicles (EVs) around the world and are now expanding into China, the two companies have decided to take different approaches. According to Rivian Automotive Inc. (NASDAQ: RIVN), it has decided to carve its own path and not follow every move by Tesla, particularly in the Chinese market.

Rivian is not trying to compete directly with Tesla in the Chinese market. This could come as quite a surprise, especially since Tesla has already taken a large share of the market. However, according to Rivian’s CEO, RJ Scaringe, following in the footsteps of Tesla isn’t their way to success. Instead, the company is focused on creating adventure-ready vehicles that appease EV enthusiasts.

When Rivian first debuted the R1T, its first vehicle, it was sold out. The light-duty pickup truck was created as an exhibition of its engineering prowess. Its intended purpose was to be robust, excellent in performance, and fit for any adventure. However, that comes at a cost: these high-quality cars are extremely expensive. For instance, the price ranged from $70,000 to $80,000 for the R1T, putting it out of reach for numerous individuals. Rivian recognized that despite being remarkable, these first-quality vehicles were insufficient to attain such a great degree of accomplishment as Tesla did.

Like other EV makers, Rivian is facing serious hurdles: high prices, stigma around EVs and confusion over charging infrastructure. There are also misconceptions around EVs, with many believing that they are worse for the environment. Unlike traditional gas-powered cars, EVs don’t burn fossil fuels and hence produce zero emissions, meaning they are better for the environment.

To deal with these misconceptions, Rivian is planning more affordable vehicles such as the R2 SUV and R3 series. These new models target everyday drivers, making the company more accessible to a broader audience. These more affordable options will help Rivian compete and prove it is serious about its future.

Unlike Tesla, Rivian is choosing to stay out of the Chinese market for now. Instead, the California-based manufacturer is choosing to target other markets, particularly in the U.S. and Europe. The company’s focus is on drivers seeking adventures, not just city commuters.  Scaringe believes that in less than a decade from now, the world will be dominated by EVs, and Rivian will be in a great position to serve millions of customers.

Ultimately, Rivian’s plan to stay away from Chinese markets and focus on adventure-ready EVs proves that they are not trying to be another Tesla. They are building their own unique brand with a different vision for the future.

About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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Lucid Teases New EV Set for 2026 Release

September 18, 2024 08:05:00

Lucid Motors (NASDAQ: LCID), a luxury electric vehicle manufacturer, has once again made headlines in the electric vehicle (EV) industry. The company teased that it would release its new EV in late 2026. This new model, which is expected to be a game changer for the company, is set to rival giants such as the Tesla model Y.

Lucid, known for its luxury electric sedans and groundbreaking technology, believes that this new model, which it calls the Lucid Earth, will be a great option for EV enthusiasts who want an affordable yet high-performing EV. In a post on X, the company has already priced this model at $50,000, making it the…

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Judge Says Coinbase Must Face Stockholder Class Action Suit

September 16, 2024 08:05:00


Coinbase Global Inc. (NASDAQ: COIN)
, the largest U.S. cryptocurrency exchange, is in a sticky situation after the federal judge overseeing the class action lawsuit filed by its shareholders ruled that the suit will proceed. The judge made a ruling that the allegations that Coinbase downplayed the likelihood that the U.S. Securities and Commission (SEC) would sue them, were credible. Coinbase was sued in June 2023 by the SEC for violating the U.S federal securities law.

The judge’s decision not to dismiss the suit has stunned the world of cryptocurrency, with many wondering about Coinbase’s transparency with its…

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

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Chinese Exchanges to Include Alibaba in Stock Connect Scheme

September 13, 2024 08:05:00


Starting this week, Shanghai and Shenzhen stock exchanges will include Alibaba and other companies in the Stock Connect cross-border investment scheme. This significant development for investors and financial markets alike will ensure that the Shenzhen and Shanghai exchanges link up with the Hong Kong stock exchange in a more seamless financial network.

So, what significance does this hold? To begin with, Alibaba Group Holding Ltd. (NYSE: BABA)‘s inclusion in the scheme is a game-changer for investors and the broader financial landscape. The tech behemoth has now officially been added to a program allowing investors in mainland China to trade shares of…

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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Rumble Director Sells More Than 27,000 Company Shares

September 11, 2024 08:05:00

A director at Rumble Inc. (NASDAQ: RUM) made headlines on Sept. 6, 2024, by selling 27,500 shares. These class A common stock shares were sold at $5.23 per share, resulting in a total of $143,825.

Following the sale, Robert Arsov now has 14,742,337 shares at the online video-sharing company. The move, which drew the attention of investors and industry watchers alike, is the latest in a series of insider sales over the past year. This has led to many asking what it means for the…

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

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Institutional Investors Currently Own 26% of Crypto Equipment Maker Canaan Inc.

September 9, 2024 08:05:00

Knowing who is in control of Canaan Inc. (NASDAQ: CAN), a well-known crypto equipment manufacturer, is key to understanding the strategic direction of the company. At the moment, institutional investors own 26% of the China-based manufacturers’ shares, representing a portion of the confidence they have in the company. However, this only represents a portion of the whole.

Interestingly, institutional investors are not the largest group of shareholders in Canaan — retail investors are. Retail investors own about 59% of the company, making them the majority stakeholders and giving them substantial influence over the company’s decisions, from management strategies to…

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Why BTC Miner Marathon Digital Diversifying Operations 

September 6, 2024 08:05:00

Marathon Digital Holdings Inc. (NASDAQ: MARA), a digital asset technology company, recently announced its decision to begin mining Kaspa (KAS), a promising proof-of-work (PoW) digital asset. According to the company, this decision is not based on a whim but on a calculated analysis of potential profitability.

Kaspa is not just a cryptocurrency — as of June 2024, it became the fifth largest PoW digital asset by market cap, owning a valuation of $3.9 billion. Unlike other crypto, Kapsa has an innovative BlockDAG technology that processes multiple blocks simultaneously. This, in turn, ensures users enjoy faster…

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

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BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Leaders to Present at Upcoming Quantum World Congress 2024

September 4, 2024 12:00:00

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the world’s first commercial supplier of quantum computers, will participate in this month’s Quantum World Congress. The three-day event is slated for Sept. 9-11, 2024, in Tysons, Virginia.

Allison Schwartz, D-Wave’s global government relations and public affairs leader, will contribute to a dynamic workshop, titled “Quantum & Sustainability,” which is scheduled to begin at 12:45 p.m. on Sept. 9. D-Wave senior scientist Dr. Andrew King will participate in a panel titled “Country Showcase: The Canadian Ecosystem,” at 12:30 p.m. on Sept. 10; and Dr. King will also participate in a second panel, “Quantum Advantage: Deciphering the Timeline, Pathways and Implications,” 1:30 p.m. on Sept. 11. In addition, the company is hosting a booth where attendees can participate in demos and conversations with the D-Wave team.

“We’ve seen firsthand how our annealing quantum technology can effectively address a myriad of public sector needs in fast, cost-efficient, and energy-saving ways,” said Schwartz in the press release. “As governments around the globe increase their focus on, and investment in, quantum, we’re excited to engage with Quantum World Congress attendees to discuss how our near-term quantum and hybrid-quantum solutions can support our country’s aggressive and mission critical quantum programs.”

To register for the event, visit https://ibn.fm/yEfbd

To view the full press release, visit https://ibn.fm/1Seaf

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers—and the only company building both annealing quantum computers and gate-model quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave’s technology has been used by some of the world’s most advanced organizations including Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

Forward Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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Institutional Investors Currently Own 26% of Crypto Equipment Maker Canaan Inc.

September 4, 2024 08:05:00

Knowing who is in control of Canaan Inc. (NASDAQ: CAN), a well-known crypto equipment manufacturer, is key to understanding the strategic direction of the company. At the moment, institutional investors own 26% of the China-based manufacturers’ shares, representing a portion of the confidence they have in the company. However, this only represents a portion of the whole.

Interestingly, institutional investors are not the largest group of shareholders in Canaan — retail investors are. Retail investors own about 59% of the company, making them the majority stakeholders and giving them substantial influence over the company’s decisions, from management strategies to…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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BillionDollarBreaks – Uranium Energy Corp. (NYSE American: UEC) Receives Top-of-Class Uranium Sector Sustainability Rating, Ranks as Leading Uranium Mining Company

September 3, 2024 11:18:52

Uranium Energy (NYSE American: UEC), a U.S.-based uranium mining and exploration company, has received a Sustainalytics Rating of 23.8. According to the announcement, the rating places UEC as the leading uranium mining company and in the top fifth percentile of the Diversified Metals and Mining Subindustry as rated by Morningstar Sustainalytics. “As the fastest-growing, North-American-focused uranium company, we are proud to have attained the leading position in the global uranium industry for our sustainability work,” said Uranium Energy president and CEO Amir Adnani in the press release. “The top-of-class rating reflects our ongoing practices since UEC’s inception to integrate sustainability into our core business operations. The result further demonstrates our commitment to creating long-term value for our shareholders, stakeholders and Indigenous rights holders by combining environmental care along with business growth.”

To view the full press release, visit https://ibn.fm/IXODd

About Uranium Energy Corp.

Uranium Energy Corp is the fastest-growing supplier of the fuel for green-energy transition to a low-carbon future. UEC is the largest diversified North American-focused uranium company, advancing the next generation of low-cost, environmentally friendly, in-situ recovery (“ISR”) uranium projects in the United States and high-grade conventional projects in Canada. The Company has two production-ready ISR hub and spoke platforms located in Wyoming and south Texas. These two production platforms are anchored by fully operational central processing plants and served by seven U.S. ISR uranium projects with all their major permits in place. Additionally, UEC has diversified uranium holdings including: (1) one of the largest physical uranium portfolios of North American-warehoused U3O8; (2) a major equity stake in Uranium Royalty Corp., the only royalty company in the sector; and (3) a Western Hemisphere pipeline of resource-stage uranium projects. The company’s operations are managed by professionals with decades of hands-on experience in the key facets of uranium exploration, development and mining. For more information about the company, visit www.UraniumEnergy.com.

NOTE TO INVESTORS: The latest news and updates relating to UEC are available in the company’s newsroom at https://ibn.fm/UEC 

About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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How Struggling B Riley Financial Got into Current Situation

August 30, 2024 08:05:00


Riley Financial Inc. (NASDAQ: RILY)
 is currently in a big financial hole that it dug itself after cofounder B. Riley got involved with a friend’s business ventures. The company, which was founded more than 25 years ago, had its stock collapse after a federal investigation on Brian Khan, a close confidant and business partner of Riley.

So, where did all this begin? Well, in November 2023, Khan was under federal investigation after the implications of a failed hedge fund that resulted in losses of millions of dollars. Khan denied these allegations, which saw his friend, Riley, supporting and defending him throughout the…

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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QuantumScape’s CLO Sells More than 50,000 of Shares

August 28, 2024 08:05:00

On Aug. 21, 2024, QuantumScape Corp. (NYSE: QS)’s Chief Legal Officer (CLO) Michael O. McCarthy III sold more than 50,000 of its shares, a move that has intrigued investors and raised questions.

McCarthy sold his shares at $5.99 per share, resulting in a sale that was valued at about $303,044.25. For financial analysts, this move is not uncommon, particularly for companies. However, for McCarthy, it is part of a broader trend. Last year, he sold 889,660 shares, a pattern that is seen as part of a wider…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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Nikola Clinches Major Contract to Grow Influence in Public Sector

August 26, 2024 08:05:00

Nikola Corporation (NASDAQ: NKLA), whose mission is to provide solutions for a zero-emissions world, has made a strategic move by inking a pivotal contract to grow its influence in the public sector. The contract, which was made with Sourcewell, one of the world’s leading cooperative purchasing organizations, emphasizes the company’s goals and commitment to expanding its influence in the electric vehicle (EV) market.

Securing this major contract was harder than it seemed. Nikola had to undergo a complex request for proposal (RFP) process to prove its dedication to compliance and top-tier service, a crucial factor in government contracts. By securing this contract, Nikola now has access to more than…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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Riot Platforms Now Owns 18.9% Stake in Bitfarms

August 23, 2024 08:05:00

Riot Platforms Inc. (NASDAQ: RIOT), in a recent press release, announced that on Aug. 13, 2024, it purchased 1,000,000 shares of Bitfarms. This means it is now the owner of 18.9% (85,293,054 common shares) of Bitfarms’ common shares, up from 18.68% (84,293,054 common shares). The acquisition was made through the NASDAQ Stock Market, with Riot acquiring the shares at an average price of $2.28 per share, amounting to a total investment of $2,280,800.

Following this purchase, Riot Platforms currently owns more than 85.29 million shares of the mining company, becoming its largest shareholder. The news comes only one day after Nicolas Bonta, Bitfarms’ former chairman and cofounder, stepped down as one of the…

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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NIO’s ONVO EV Starts Rolling Off Production Line

August 21, 2024 08:05:00

NIO Inc. (NYSE: NIO), the Chinese electric vehicle maker, has officially started mass production of its highly anticipated vehicle, Onvo L60. This rollout, which is the first for company, has marked a significant milestone for the company and the EV industry at large. This highly anticipated EV, which is set to take on the Tesla Model Y, will begin deliveries late next month.

So, what makes Onvo L60 so unique? The vehicle positions itself as a mid-sized electric SUV with a sleek, minimalist interior. Unlike the cluttered dashboards in most vehicles, this SUV features a dashboard-less design, with a striking 17.3-inch 3K central display that is responsible for the majority of the vehicle’s…

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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D-Wave Releases Q2 Earnings Report

August 19, 2024 08:05:00

According to its latest earnings reports, D-Wave Quantum Inc. (NYSE: QBTS), a pioneering force in quantum computing solutions, is making headlines in tech. The company reported a 28% year-over-year revenue increase, indicating its leadership in all things related to quantum computing.

Before going any further, let’s break down the earnings. D-Wave reported $2.2 million in revenue this quarter, up from $1.7 million in the same period last year, a remarkable 28% jump. This is a giant leap and is not just a flash in the pan; the company is at its ninth consecutive quarter of year-over-year growth in…

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NOTE TO INVESTORS: The latest news and updates relating to D-Wave Quantum Inc. (NYSE: QBTS) are available in the company’s newsroom at https://ibn.fm/QBTS

About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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Tesla Suspends Receiving Orders for Most Affordable Cybertruck, Announces Availability of Premium Versions

August 16, 2024 08:05:00

If you were hoping to snag Tesla’s cybertruck priced at $61,000 with a 250-mile range, you are too late. The company has announced that it is suspending orders for this model to concentrate more on the premium version, priced at $100,000. The leading electric vehicle (EV) company has already rolled out the red carpet for the expensive cybertrucks, which are ready to be delivered as soon as this month.

So why the switch? In 2019, Tesla Inc. (NASDAQ: TSLA)‘s CEO, Elon Musk, introduced the concept of the cybertruck with a $39,900 starting price and a 500-mile range. It was meant to be a game-changer, and many people were all over it. However, the vehicle experienced several delays before being released for…

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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VW Deal Likely to Offer Rivian Supply Chain Benefits

August 14, 2024 08:05:00

There is a growing sense of excitement at Rivian Automotive Inc. (NASDAQ: RIVN) as the company expects to reap big rewards from the $5 billion joint venture with Volkswagen (VW). In a Q2 earnings report call, company CEO, RJ Scaringe, shared some promising news about the impact of the VW deal on the company’s supply chain. Suppliers view this as a golden opportunity that will open doors for Rivian’s product line and VW’s extensive portfolio.

Announced in June, this partnership is an opportunity to expand and secure more favorable pricing on essential components such as chipsets, printed circuit board assemblies and other hardware. For Rivian, this means significant cost savings, which is a win for the company as well as its investors and…

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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Lucid Motors Secures Funding to Keep Afloat Through 2025

August 12, 2024 08:05:00

Lucid Motors (NASDAQ: LCID) has secured $1.5 billion to boost its operations and expansion plans to keep it afloat until the fourth quarter of 2025. The substantial funding, which came from Saudi Arabia’s Public Investment Fund (PIF), is pivotal for Lucid’s future.

Lucid Group recently announced that this funding would ramp up the production of a new SUV, which will, in turn, significantly improve the company’s growth trajectory. The news comes at a critical time when emerging EV makers are trying to compete with giants such as Tesla amid the challenges faced in…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Releases Q2 2024 Financial Results Showing ‘Traction on All Fronts’

August 9, 2024 13:24:19

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, today announced financial results for the second quarter of fiscal 2024 (“Q2 2024”) ended June 30, 2024, and provided recent business and technical highlights. The company’s Q2 2024 revenue was $2.2 million, an increase of 28% from Q2 2023 revenue of $1.7 million, while Q2 2024 Bookings (*) were $2.7 million, a 6% increase from Q2 2023 Bookings of $2.5 million. According to the announcement, this represents D-Wave’s ninth consecutive quarter of year-over-year growth in quarterly Bookings. In addition, GAAP gross profit for Q2 2024 was $1.4 million, an increase of 97% from the Q2 2023 gross profit of $0.7 million. As of June 30, 2024, D-Wave’s consolidated cash balance totaled $40.9 million, an increase of $33.4 million, or 444%, from the Q2 2023 consolidated cash balance of $7.5 million.

“Our second quarter results show continued traction on all fronts – revenue, bookings, customer acquisition, liquidity and technical advancements,” said Dr. Alan Baratz, CEO of D-Wave. “There is rapidly growing awareness of annealing quantum computing and its ability to deliver business benefits today, and the market is responding. This is further strengthened by our product development activities in hardware (Advantage2(TM) prototype), software (new nonlinear hybrid solver and fast anneal feature), and Quantum Artificial Intelligence. Our momentum as one of the few companies in the world leading the quantum transformation is evident.”

(*) “Bookings” is an operating metric that is defined as customer orders received that are expected to generate net revenues in the future. We present the operational metric of Bookings because it reflects customers’ demand for our products and services and to assist readers in analyzing our potential performance in future periods.

To view the full press release, visit https://ibn.fm/uxlzw

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers—and the only company building both annealing quantum computers and gate-model quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave’s technology has been used by some of the world’s most advanced organizations including Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

Forward Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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Coinbase’s Q2 Report Reveals Strong Performance

August 9, 2024 08:05:00

Coinbase Global Inc. (NASDAQ: COIN), one of the leading cryptocurrency exchanges in the world, recently released its second quarterly report, and the performance is impressive. While the compay has had its share of ups and downs, this latest financial report suggests that the team is keeping the boat steady.

The company reported total revenue of $1.45 billion for Q2 2024, an increase from $708 million a year ago. This figure surpassed estimates of Wall Street analysts, an indication of its operational strength, especially at a challenging period for crypto trading.  The company has faced a decline in transaction…

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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Nikola Corp., ITD Industries Launch Hydrogen Refueling Station in Ontario

August 7, 2024 08:05:00

Nikola Corporation (NASDAQ: NKLA), known for developing heavy-duty commercial vehicles with zero emissions, has partnered with ITD Industries, a leader in industrial solutions, to launch a new hydrogen refueling station in Ontario. The launch shows the company’s growing commitment to advancing hydrogen infrastructure, which is pivotal for the broad implementation of hydrogen fuel cell technology in the transportation sector.

The strategic location of the fuel station in Ontario at 401 West Mall aims to serve both local and regional fleets. It will address the infrastructure gap that has historically hampered the adoption of hydrogen-powered vehicles. Nikola and ITD industries have combined their expertise to enhance the accessibility and viability of hydrogen fuel as well as to provide tangible solutions to the pressing need for sustainable transportation.

According to Nikola CEO Steve Girsky, the fuel station in Ontario aligns with broader industry trends that favor hydrogen as a clean alternative to conventional fossil fuels. Girsky added that collaborating with ITD Industries means that the fueling solutions provided will benefit the entire hydrogen ecosystem, not only trucks.

Notable figures such as Ontario premier, Doug Ford, and associate minister of Energy-Intensive Industries, Sam Oosterhoff, attended the station’s opening event. Business leaders representing Walmart Canada, Canadian Tire and Loblaws were also in attendance, signifying the event’s importance in advancing Ontario’s clean-energy initiatives.

So, what’s so great about hydrogen fuel cells? Well, these cells provide zero-emission transportation, a great solution to the environmental challenges associated with diesel and gasoline engines. By setting up refueling infrastructure, both these companies are not only supporting the deployment of hydrogen vehicles but are also setting a precedent for future expansions.

The Ontario station is equipped with cutting-edge technology, including a 700-bar, pressure-fill system designed to facilitate efficient and safe hydrogen refueling. It will host state-of-the-art systems that support various vehicle types, including both heavy-duty trucks and passenger vehicles, to really bring out the versatility of hydrogen fuel. This is critical because this technology could serve various transportation needs, from logistic freight to simple personal commuting.

Ford, who helped ITD owner Benny Di Franco in cutting the ribbon during the opening, had a lot to say about the event. Ford congratulated Nikola Corporation and ITD Industries for the construction of the fuel station. He added that the station is a major step toward collaborating with businesses, industry and various governments to develop dependable, cost effective and sustainable energy solutions to support the growth of the province.

About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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What to Expect as Coinbase Releases Q2 Earnings Report

August 5, 2024 08:05:00

As Coinbase Global Inc. (NASDAQ: COIN) gears up to unveil its second quarter (Q2) 2024 earnings report this week after the U.S. market closes, anticipation is building among market watchers and cryptocurrency enthusiasts. Given the company’s pivotal role in the digital currency space, expectations are high for the company to continue its impressive performance.

So, what should you watch out for now that the countdown has begun…

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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Reports Suggest Alibaba Could Increase Service Fees Levied on Merchants

August 2, 2024 08:05:00

As per the latest reports, Alibaba Group Holding Ltd. (NYSE: BABA) is poised to increase the service fees it charges merchants. The impending rise in fees has created quite a buzz in the marketplace and among the traders that bank mostly on Alibaba to attract customers and drive sales.

Alibaba has long stood as one of the few untouchable merchants in the world, providing a large online retail marketplace as well as cloud computing and digital media. The organization has consistently retained an advantageous position with its peers by maintaining its relatively low service fees. However…

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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QuantumScape, PowerCo Team Up to Manufacture Solid-State EV Batteries for Mass Market

July 31, 2024 08:05:00

PowerCo, the battery division of Volkswagen Group, and QuantumScape Corp. (NYSE: QS) have inked a partnership that will see the lithium-based, solid-state batteries developed by QuantumScape mass produced by Volkswagen Group’s battery production arm. This strategic collaboration is intended to bolster EV battery safety and performance by quickly bringing to market the novel solid-state batteries.

Through this partnership, QuantumScape agreed to give PowerCo a license to manufacture EV batteries based on QuantumScape’s cutting-edge battery technology. PowerCo has been permitted to make approximately 40GWh of these battery cells each year, and the company will be at liberty to ramp up its…

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: https://www.BillionDollarClub.com/Disclaimer

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BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) to Bring New Quantum AI Solutions to Market

July 30, 2024 12:50:53

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the world’s first commercial supplier of quantum computers, announced that it is extending its product development roadmap to strengthen the connection between quantum optimization, artificial intelligence (AI) and machine learning (ML).

According to the announcement, the company plans to make enhancements to its Leap™ quantum cloud service that will bring new Quantum AI solutions to market. These enhancements include support for quantum-enhanced and energy-efficient AI model training as well as integrating AI and optimization to address important customer use cases. The announcement noted that the expansion to the existing product roadmap focuses on three key development areas: quantum distributions for generative AI, Restricted Boltzmann Machine (“RBM”) Architectures and GPU integration with the Leap quantum cloud service.

“We’re seeing early evidence that annealing quantum computing could play a key role in helping AI/ML with more efficient model training, reduced energy consumption and faster time-to-solution,” said D-Wave CEO Dr. Alan Baratz in the press release. “With results demonstrating our annealing quantum computer’s ability to outperform classical techniques, coupled with rapidly increasing demand from our customers for Quantum AI solutions that integrate with their business optimization requirements, we believe the impact of D-Wave’s Quantum AI solutions could be transformative, bringing a powerful set of new computing tools for generative AI.”

To view the full press release, visit https://ibn.fm/eb3UH

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers — and the only company building both annealing quantum computers and gate-model quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave’s technology has been used by some of the world’s most advanced organizations, including Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California and Los Alamos National Laboratory. For more information about the company, please visit www.DWaveSys.com.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

Forward Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: https://www.BillionDollarClub.com/Disclaimer

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After Recent Price Correction, Could Riot Platforms Now Be a Good Buy?

July 29, 2024 08:05:00

If you have been watching Riot Platforms (NASDAQ: RIOT) the past few days, you’ve probably noticed wild price swings. After experiencing this notable stock price correction, the biggest question on everyone’s mind is, is the Bitcoin mining company a hidden gem waiting to be scooped up?

The company has experienced a rocky year. Its stock has dropped 19.7% since January. This decline stands out when compared to the industry’s 21% growth and the S&P 500’s 16.1% gain during the same…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: https://www.BillionDollarClub.com/Disclaimer

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Analyzing NIO’s Recent Stock Price Rally

July 26, 2024 08:05:00

Over the past few days, NIO Inc. (NYSE: NIO) has been making headlines with its stock price rally, sparking great interest among investors and analysts alike. As of the latest update, its stock price is $4.65, reflecting an 8.42% decline over the past week.

This price fluctuation has prompted both excitement and caution among investors. However, from a wider perspective, the stock has surged by 17.37% over the past three months. The fluctuation stresses the dynamic nature of the Chinese electric vehicle (EV) manufacturer’s position in the…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: https://www.BillionDollarClub.com/Disclaimer

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www.BillionDollarClub.com
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Why Tesla Could Be Losing Dominance in Europe, US Markets

July 24, 2024 08:05:00


For years now, Tesla Inc. (NASDAQ: TSLA) has been synonymous with electric vehicle (EV) innovation and market dominance. However, this is about to change. The company’s dominance is being challenged in various countries across Europe and the United States even after a stellar performance last year.

A recent report from JATO Dynamics revealed how the American multinational automotive company is experiencing declining sales and market share amid growing competition. The data showed that in the first half of 2024, Tesla sales dropped by 8% and 13% in the…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: https://www.BillionDollarClub.com/Disclaimer

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BillionDollarBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Schedules Webcast, Conference Call to Discuss Q2 2024 Earnings Report

July 23, 2024 08:57:17

Energy Fuels (NYSE American: UUUU) (TSX: EFR), an industry leader in uranium and rare earth elements production for the energy transition, has scheduled a conference call and webcast. The company announced that the event will be held on Aug. 5, 2024, at 10 a.m. MT. During the webcast, management will discuss the financial results from the company’s second quarter 2024 financial report, which will be released prior to the call. The webcast will also include time for a question-and-answer session. Those wanting to participate can call into the event by dialing 1-800-836-8184 toll free. A replay of the call will be available until August 19, 2024. Those who wish to hear the replay may call 1-888-660-6345 (in North America) or 1-289-819-1450 (Toronto) and use the entry code 62571#.

To view the webcast, visit https://ibn.fm/s878x or https://ibn.fm/3CGOO

To view the full press release, visit https://ibn.fm/1ZJ25

About Energy Fuels Inc.

Energy Fuels is a leading U.S.-based critical minerals company. As the leading producer of uranium in the United States, Energy Fuels mines uranium and produces natural uranium concentrates that are sold to major nuclear utilities for the production of carbon-free nuclear energy. Energy Fuels recently began production of advanced rare earth element (“REE”) materials, including mixed REE carbonate, and plans to produce commercial quantities of separated REEs in the future. Energy Fuels also produces vanadium from certain of its projects, as market conditions warrant, and is evaluating the recovery of radionuclides needed for emerging cancer treatments. Its corporate offices are in Lakewood, Colorado, and substantially all assets and employees are in the United States. Energy Fuels holds two of America’s key uranium production centers: the White Mesa Mill in Utah and the Nichols Ranch in-situ recovery (“ISR”) project in Wyoming. The White Mesa Mill is the only conventional uranium mill operating in the country today, has a licensed capacity of more than eight million pounds of U3O8per year, and has the ability to produce vanadium when market conditions warrant, as well as REE products, from various uranium-bearing ores. The Nichols Ranch ISR project is on standby and has a licensed capacity of two million pounds of U3O8per year. The company recently acquired the Bahia Project in Brazil, which is believed to have significant quantities of titanium (ilmenite and rutile), zirconium (zircon) and REE (monazite) minerals. In addition, Energy Fuels has one of the largest NI 43-101-compliant uranium resource portfolios in the United States and several uranium and uranium/vanadium mining projects on standby and in various stages of permitting and development. For more information, visit the company’s website at www.EnergyFuels.com.

NOTE TO INVESTORS: The latest news and updates relating to UUUU are available in the company’s newsroom at http://ibn.fm/UUUU

About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: https://www.BillionDollarClub.com/Disclaimer

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Quantum Computing Set to Collapse Time Needed During Drug Development

July 22, 2024 08:05:00

The rapid advancements in quantum computing are revolutionizing the drug-development process by reducing the time it takes to bring new treatments into the market from years to weeks. According to POLARISqb CTO and cofounder, Bill Shipman, company officials extract actionable time in decreasing delivery costs and time. Currently, drug discovery and development take at least 12 years, but with quantum computing, this period will be shortened to mere weeks.

What’s so fascinating about quantum computing is its ability to simulate complex molecular modeling and simulation with unprecedented accuracy. Molecular modeling and simulations play a critical role in elucidating the interactions between prospective drugs and biological systems. The biggest issue with…

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NOTE TO INVESTORS: The latest news and updates relating to D-Wave Quantum Inc. (NYSE: QBTS) are available in the company’s newsroom at https://ibn.fm/QBTS

About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: https://www.BillionDollarClub.com/Disclaimer

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Rivian’s Deal with VW Could Mask Underlying EV Market Issues

July 19, 2024 08:05:00

Rivian Automotive Inc. (NASDAQ: RIVN) entered into a deal with Volkswagen (VW), a move that has sparked a lot of chatter in the electric vehicle market. The $5 billion deal, after an initial $1 billion investment, aims to codevelop software platforms for both companies’ electric vehicles, providing Rivian with much-needed financial support and leveraging VW’s extensive manufacturing capabilities and global reach.

On the other hand, VW, one of the largest automotive giants, will receive access to cutting-edge software expertise. In an interview with CNBC, Cyrus Mewawalla, head of thematic intelligence at GlobalData, shared that Volkswagen has fallen behind in two critical areas: on electric vehicles and autonomous…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: https://www.BillionDollarClub.com/Disclaimer

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Lucid’s Q2 Sales Set New Record, But Company Still Risks Going Under

July 17, 2024 08:05:00

Lucid Motors (NASDAQ: LCID), a U.S.-based automotive and technology company, has reached an important milestone in the electric-vehicle (EV) industry. The company delivered a record 2,394 Air sedans in the second quarter of 2024, a 22% increase from the first quarter, setting a significant benchmark.

The surge in vehicle sales is attributed to two things: First, the company’s strategic decision to reduce the prices of its models earlier this year, with the base model Lucid Air now starting at $69,900, down from around $100,000 at launch. Second, the Lucid Air Sapphire, the company’s flagship model, has…

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About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: https://www.BillionDollarClub.com/Disclaimer

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[email protected]

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