March 21, 2023 at 11:23 am

Verde Bio Reports Third Quarter Financial Results; Continues Push Towards Profitability and Growth

Verde Bio Holdings (OTCQB: VHBI) has released its third quarter financial results and provided a corporate update. To date, the company has made over 18 acquisitions of revenue producing properties and has revenue producing royalty interests in over 400 wells managed by major, well-funded operators. Highlights  Total reserves were $3.29 million PV-10 value based upon… [Read More]
March 21, 2023 at 9:31 am

InMed Demonstrates Anti-Inflammatory Potential of Rare Cannabinoids in Skin Conditions

Leading cannabinoid researcher, developer and manufacturer, InMed Pharmaceuticals (Nasdaq: INM) has demonstrated the anti-inflammatory potential of rare cannabinoids in skin conditions. The company has sponsored a peer-reviewed scientific study: “Rare phytocannabinoids exert anti-inflammatory effects on human keratinocytes via the endocannabinoid system and MAPK signalling pathway” which has been been published in the International Journal of… [Read More]
March 20, 2023 at 1:15 pm

Investing in Small Companies Offers Big Upside

Why are small-cap stocks a big deal and opportunity for investors right now? They are trading a full 10 percent below their long-term average p/e ratio, according to Bank of America analysts. And that’s not all. With more than five decades of experience in small-cap funds and businesses, Chuck Royce of Royce Investment Partners offers… [Read More]
March 20, 2023 at 11:47 am

Amazon to cut 9,000 jobs in second round of layoffs

March 20 (Reuters) – Amazon.com Inc (AMZN.O) said on Monday it would cut 9,000 jobs, making it the latest Big Tech company to announce a second round of layoffs in the face of a possible recession. Numerous tech giants including Microsoft Corp (MSFT.O), Salesforce Inc , Alphabet (GOOGL.O) and Meta Platforms (META.O) have slashed thousands… [Read More]
March 18, 2023 at 1:20 am

First Republic Bank (FRC) Shares Slide Despite Deposit Infusion

On Friday, First Republic Bank faced significant stock market losses despite receiving assistance from other financial institutions the day before. The stock plummeted by 32.8%, making it the poorest performer in the SPDR S&P Regional Banking ETF. Although PacWest and Western Alliance also saw declines of 19% and 15%, respectively, US Bancorp only dropped more… [Read More]
March 17, 2023 at 1:24 am

U.S. Oil Production Remains At Historically High Volumes

President Biden’s campaign promise of ending the use of fossil fuels will not be fulfilled for at least a decade, according to his recent State of the Union address. However, a new report from the Energy Information Administration (EIA) projects that the US will rely on oil for much longer than that. The report states… [Read More]
March 16, 2023 at 4:35 pm

Sono-Tek Receives First Phase of Multi-System Order Valued at $600K From Innovative Medical Technology Customer

Leading ultrasonic coating systems developer and manufacturer, Sono-Tek Corporation (Nasdaq: SOTK), has received a $600K order from a medical device manufacturer. The order represents the first part of an expected multi-phase program for additional machines. Sono-Tek anticipates shipping the order during the current fiscal year, ending February 28, 2024. Highlights The order, placed by an… [Read More]
March 16, 2023 at 1:53 pm

Aridis Meets Primary and Secondary Endpoints in Cystic Fibrosis Clinical Trial

Aridis Pharmaceuticals, Inc. (Nasdaq: ARDS) has met the primary and secondary endpoints in safety and pharmacokinetics in a Phase 2a clinical trial evaluating a treatment in cystic fibrosis (CF). Aridis’ lead candidate, AR-501, has received Orphan Drug, Fast Track and Qualified Infectious Diseases Product designations in the United States, and Orphan Drug designation in Europe,… [Read More]
March 15, 2023 at 11:04 pm

U.S. Stocks Drop Due to Concerns About Banking System

Global markets experienced a sharp decline on Wednesday due to fears that the banking crisis triggered by the recent collapse of two American banks will spread worldwide. The Dow Jones Industrial Average fell by almost 0.9%, or almost 300 points, after plummeting by over 1% earlier in the day. The S&P also decreased by 0.7%…. [Read More]
March 15, 2023 at 4:01 pm

ThermoGenesis Announces California Facility with Potential for $10-16M Annual Revenue

ThermoGenesis Announces California Facility with Potential for $10-16M Annual Revenue ThermoGenesis Holdings (Nasdaq: THMO) will roll out a new California facility containing 12, class-7, ReadyStart cGMP Suites that it will lease to early-stage life science and cell gene therapy companies. The company’s share price rose by 103% in premarket trading following the announcement. Cleanroom design,… [Read More]