• Board chair says EV maker risks losing him as CEO

    Tesla’s Board Chair urges shareholders to approve Elon Musk’s $1T compensation package, citing his vital role in the company’s future, particularly AI and robotics. The board argues that rejecting the package could devalue Tesla. ISS recommends against it, and the “Take Back Tesla” campaign raises ESG concerns. The vote includes board re-elections. The decision hinges on Musk’s continued vision and influence versus concerns over excessive compensation and potential brand damage. Increased voting power for Musk is also under consideration.

    4 hours ago
  • 5 Things to Know Before the Stock Market Opens Monday

    This report highlights five key areas for investors: shifting trade winds with preliminary U.S. deals in Asia despite existing tariffs; AI’s uneven economic impact concentrating benefits and challenging small businesses; Novartis’s $12B acquisition of Avidity Biosciences for RNA therapeutics; American Airlines’ investment-focused strategy; and Taco Bell’s beverage expansion through “Live Más Cafés.” It also outlines key economic events and earnings reports to watch this week, including the Fed’s interest rate decision and GDP data.

    4 hours ago
  • Auxly Closes $5 Million Inventory Loan

    Auxly Cannabis Group Inc. has fully repaid its $5 million inventory loan to GrassHopper Capital Inc. using existing cash reserves. This move is projected to save approximately $900,000 in annual interest expenses and reflects a strategic focus on financial discipline. The repayment allows for greater capital allocation flexibility, potentially freeing up resources for future organic growth investments. CEO Hugo Alves cited growing profitability and a stable cost base driving free cash flow as reasons for prioritizing debt reduction.

    4 hours ago
  • Saudi Arabia to Become AI Data Center Hub, Says Groq CEO at FII

    Groq CEO Jonathan Ross highlights Saudi Arabia’s potential to become a major AI infrastructure hub due to its abundant energy resources, aligning with Vision 2030. The Kingdom’s low energy costs, even compared to some Nordic countries, and strategic location make it ideal for data centers. Ross envisions Saudi Arabia as a net data exporter, emphasizing the cost-effectiveness of data transmission versus electricity. Localizing AI computation near energy sources minimizes costs and leverages underutilized energy capacity, attracting tech firms and fostering regional AI innovation.

    4 hours ago
  • Firefox Gold Drills 9.35 g/t Gold Over 9.55 m and 7.28 g/t Gold Over 11.1 m in Mustajärvi East Zone; First Hole of 2025

    FireFox Gold (FFOXF) reported encouraging results from initial drilling at its Mustajärvi Gold Project in Finland. Hole 25MJ001 yielded significant gold intercepts, including 9.55 meters at 9.35 g/t Au. Additional holes showed high-grade, narrow intercepts, with Hole 25MJ003 hitting 0.9 meters at 104 g/t Au. The company validated its FLEM targeting methodology and is expanding surveys. A ~10,000-meter drill program through spring 2026 is underway; the first phase comprised 3,985.3 meters. Reported intervals are core width; true width is unknown.

    4 hours ago
  • Questcorp Mining Completes First Tranche of Private Placement

    Questcorp Mining Inc. (QQQ:CSE) closed the initial tranche of a non-brokered private placement, raising $2,100,050. The company issued 14,000,334 units at $0.15, each including a share and a half warrant exercisable at $0.20. Funds will advance exploration at La Union (Mexico) and North Island (Canada). A $2M portion is subject to a sharing agreement with Sorbie Bornholm LP. Questcorp anticipates a final tranche, aiming for total proceeds of $3.5M. Units from the first tranche are free trading.

    4 hours ago
  • HIVE Digital Technologies Exceeds 22 EH/s, Expedites AI Cloud Expansion in Sweden Through Tier-1 to Tier-3 Data Center Conversion

    HIVE Digital Technologies reports significant expansion in Bitcoin mining, exceeding 22 EH/s, a 267% year-to-date increase, and producing 9.5 BTC daily with high fleet efficiency. Strategically repurposing infrastructure, HIVE is converting a data center into a Tier-3 HPC facility housing 2,000 NVIDIA GPUs for AI cloud computing, aiming for 6,000 GPUs by 2026. Ambitious targets include reaching 25 EH/s by late 2025 and 35 EH/s in 2026, underpinned by a commitment to renewable energy sources. Potential risks include dependence on ASIC miner deployment and validation of Boden conversion timeline.

    4 hours ago
  • CSL Wins ISPE’s 2025 Facility of the Year Award

    CSL’s Broadmeadows facility in Australia has won the ISPE’s 2025 Facility of the Year Award as Overall Winner. The plasma fractionation plant is recognized for its Pharma 4.0 integration, pioneering hybrid manufacturing platform, and sustainable design. Advanced automation, real-time monitoring, robotics, and a digital twin infrastructure contribute to increased plasma processing capacity and efficiency. The facility’s sustainable features include reusable filters and energy-efficient systems. The award acknowledges CSL’s commitment to innovation, operational excellence, and environmental responsibility.

    4 hours ago
  • Genenta Announces $15.0 Million Direct ADS Offering

    Genenta Science (GNTA) announced a $15.0 million registered direct offering on October 27, 2025, involving 4,285,715 American Depositary Shares (ADSs) sold to institutional investors at $3.50 per ADS. Maxim Group LLC and Rodman & Renshaw LLC acted as placement agents. The offering is expected to close around October 28, 2025, with net proceeds intended for working capital and general corporate purposes, potentially advancing clinical trials of its Temferon technology. The offering is being made under a shelf registration statement previously filed with the SEC.

    5 hours ago
  • POET Technologies Announces US$150 Million Oversubscribed Registered Direct Offering

    POET Technologies (NASDAQ: POET) secured approximately $150 million in gross proceeds through an oversubscribed registered direct offering of common shares, attracting new institutional investors. Closing is expected around October 28, 2025, pending standard conditions. POET intends to use the net proceeds for acquisitions, R&D, and operational expansion. Pro-forma cash is expected to exceed $300 million post-closing. While the offering provides financial runway, the share issuance may cause dilution.

    5 hours ago
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