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Cross-Era Intelligent Economy Operator Virtual Mind Holding announces funding agreement with GEM Global Yield
Cross-Era Intelligent Economy Operator Virtual Mind Holding announces funding agreement with GEM Global Yield.Virtual Mind Holding (HKG: 1520), an innovative enterprise focused on the intelligent economy sector, which drives cross-era intelligent economic operations and business model innovation through IP + AI + Web3, has secured a Share Subscription Facility (SSF) of up to HKD $225 million with GEM Global Yield LLC SCS. The agreement, announced on Friday,allows VMH to draw down funds in tranches over a three-year period in exchange for issuing new shares to GEM. There is no minimum drawdown obligation.The SSF provides VMH with working capital at its discretion. Drawdowns will occur at a price equivalent to 90% of the average closing bid price during the 15-day pricing period, with VMH having the right to set a minimum drawdown price and put a floor price on each drawdown, as long as GEM will not become a connected person or trigger any mandatory general offer obligation under the Hong Kong Takeovers Code.In consideration for the SSF, VMH will issue warrants to GEM to subscribe shares at HK$1.97 per share, for up to 31 million shares, with an 18 months’ term. VMH Chairman Mei Weiyi stated that this funding will allow VMH to execute its growth strategy and accelerate the commercialisation of its cutting-edge technology solutions as well as its overseas business expansion particularly in the Kingdom of Saudi Arabia. 04/09/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Sep 4, 2025
HK Movers｜Gold Stocks Declined; Tongguan Gold Falling 9%; Wangguo, China Gold And Lingbao Gold Down 6%; Chifeng Gold Down 4%.
Hong Kong gold stocks declined during the trading session, with Tongguan Gold falling 9%; Wangguo, China Gold Intl and Lingbao Gold down 6%; Chifeng Gold down 4%.Tiger News
Sep 4, 2025
HK Movers｜Pharma Stocks Fell. Zai Lab Plummeted 11%; JW Therap Down 7%; Hengrui Pharma Down 5%; WuXi AppTec Down 4%
Hong Kong pharmaceutical concept stocks collectively fell. Zai Lab(09688.HK) plummeted over 11%; JW Therap down 7%; Hengrui Pharma down 5%; WuXi AppTec down 4%; WuXi XDC, Tigermed, Microport, Innocare down 3%.Tiger News
Sep 4, 2025
Figma’s First Post-IPO Earnings Miss Expectations, Shares Plunge 14% After Hours
TradingKey - Global collaborative design platform Figma (FIG.US) triggered a market sell-off with its first earnings report since going public, sending shares down more than 14% in after-hours trading on Wednesday.TradingKey
Sep 4, 2025
24H | American Eagle Soars 24%; American Bitcoin Jumps 7%; C3.ai Sinks 11%; Figma Plunges 15%
American Eagle Outfitters shares soared 24.4% in overnight trading after the apparel company said its partnership with Sydney Sweeney has been its “best” advertising campaign to date as it announced fiscal second-quarter earnings that beat expectations.American Bitcoin shares jumped another 6.7% in ...Tiger News
Sep 4, 2025
SeaPRwire Launches Automated News Summarization Tool to Enhance News Consumption
Hong Kong - September 01, 2025 - (SeaPRwire) - SeaPRwire, a prominent Public Relations Communication Platform, has introduced an innovative Automated News Summarization Tool, developed in collaboration with its partner Asia Presswire (https:/asiapresswire.com). This advanced system utilizes cutting-edge natural language processing (NLP) technology to automatically generate concise and accurate summaries of news articles, making it easier for users to quickly grasp key points and enhance their reading experience.As the volume of news content continues to rise, it has become increasingly difficult for readers to stay updated and extract essential information from lengthy articles. This challenge has prompted SeaPRwire to develop a solution that streamlines the news consumption process. The new Automated News Summarization Tool addresses this need by offering a quick and efficient way to summarize news articles, saving time and improving the overall user experience."The launch of our Automated News Summarization Tool is a key milestone in making news consumption faster and more efficient," said Max Jackson, Information Director at SeaPRwire. "By leveraging natural language processing technology, we are able to provide a tool that not only helps users get to the core of news stories but also enhances their engagement with content. This is especially valuable in an age where time is a premium and readers want to stay informed with ease."The tool is designed to scan and analyze news content, extracting the most important details and presenting them in a clear, succinct format. It ensures that the essence of the story is preserved while eliminating unnecessary details. Users can now access summaries of breaking news, press releases, and other articles in a matter of seconds, allowing them to stay on top of the latest developments without spending extensive time reading through long texts.By offering an automated solution to summarize news, SeaPRwire aims to help businesses, media outlets, and public relations professionals better manage the flow of information. With the ability to quickly disseminate summarized content, organizations can engage their audiences more effectively and keep them informed without overwhelming them with lengthy articles."The speed and accuracy with which this tool can generate news summaries will significantly impact how organizations handle news distribution and content engagement," Jackson added. "In a fast-paced digital landscape, this tool empowers users to make better-informed decisions and helps them stay ahead of the curve in a competitive environment."SeaPRwire's collaboration with Asia Presswire ensures that the system is powered by the latest advancements in natural language processing, making it a valuable addition to any organization's communication strategy. By enabling quicker and more efficient content consumption, the Automated News Summarization Tool is set to revolutionize how news is consumed and shared.This new tool is now available to SeaPRwire's clients across multiple regions, providing an essential resource for those looking to streamline their news engagement and keep up with the rapid pace of modern media.About Asia PresswireAsia Presswire (https:/asiapresswire.com) is a press release distribution service that provides tailored solutions for public relations firms, agencies, organizations, and corporations worldwide. They specialize in delivering customized press release distribution, including direct-to-editor email delivery to targeted media editors at newspapers, magazines, and broadcast outlets. Their extensive network spans 172 countries, connecting with over 230,000 media outlets and 3.6 million self-media platforms. Supporting over 46 languages, including English, Chinese, French, German, and Japanese, Asia Presswire ensures effective communication across diverse linguistic regions. Their services are designed to enhance brands' online visibility and reputation, enabling effective connection with target audiences. About SeaPRwireSeaPRwire is a leading earned media communications management platform in Asia, designed to empower PR and communications professionals. Its Branding-Insight Program streamlines communication management by connecting clients with a network of over 80,000 journalists, editors, magazines, and online media outlets, along with 300 million followers of key opinion leaders (KOLs). Leveraging AI-driven technology, SeaPRwire enables users to identify relevant media and KOLs, personalize pitches, and measure the impact of their communications efforts. Operating across regions including Japan, China, Korea, Hong Kong, Singapore, Vietnam, Thailand, Malaysia, Indonesia, and the Philippines, SeaPRwire enhances brand awareness and educates audiences effectively.Media ContactBrand: SeaPRwireContact: Media teamEmail: cs@seaprwire.comWebsite: https://seaprwire.com04/09/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Sep 4, 2025
Nasdaq Jumps 1% While S&P 500 Gains 0.5%; Alphabet Surges over 9%; Apple Rallies 3.8%; Tesla Rises 1.4%
The Nasdaq rose 1% and the S&P 500 also ended higher on Wednesday as Alphabet jumped after a U.S. judge ruled against breaking up the Google parent and as investors were optimistic that the Federal Reserve would cut interest rates this month.Market SnapshotThe Dow Jones Industrial Average fell 24.58
Tiger News
Sep 4, 2025
24H | Credo Soars 13%; Asana Rallies over 8%; HPE Gains 2%; GitLab Sinks 8%; Salesforce Drops over 5%
Salesforce forecast third-quarter revenue below Wall Street estimates on Wednesday, signaling lagging monetization for its highly-touted artificial intelligence agent platform as clients dial back spending due to macroeconomic uncertainty.The cloud software provider also announced a $20 billion incr...Tiger News
Sep 4, 2025
Nuclear Stocks Rally. NuScale Power up 14%; Nano Nuclear up 4%; Oklo up 3%
Nuclear stocks rose in Wednesday trading. NuScale Power up 14%; Nano Nuclear up 4%; Oklo up 3%; Centrus up 2%; Energy Fuels up 1%.NuScale Power rose after the Tennessee Valley Authority said it signed an agreement with ENTRA1 Energy - a strategic partner of NuScale - to develop up to 6 GW of new nuc...Tiger News
Sep 3, 2025
Federal Reserve Board Announces It Will Host a Conference on Payments Innovation on Tuesday, October 21
The Federal Reserve Board on Wednesday announced that it will host a conference on payments innovation on Tuesday, October 21. The conference will bring together a range of interested parties to discuss how to further innovate and improve the payments system."Innovation has been a constant in paymen...Tiger News
Sep 3, 2025
Big Tech Stocks Gain; Nasdaq up 1.3%; Alphabet up 8%; Apple, Tesla up 3%; Palantir, Broadcom, TSMC up 2%
US stocks extended gains. Nasdaq up 1.3%.Big tech stocks rose in Wednesday trading. Alphabet rose 8%; Apple, Tesla rose 3%; Palantir, Broadcom, TSMC rose 2%; Nvidia, Amazon rose 1%.Tiger News
Sep 3, 2025
Crypto Stocks Jump; BMNR up 6%; BTCS, Upexi up 3%
Crypto stocks jumped in Wednesday trading.BMNR rose 6%; BTCS, Upexi rose 3%; MARA, SBET up 1%.Ethereum has risen above $4,400 and is now trading at $4,434, with a 1.58% increase in 24 hours.Bitcoin has risen above $111,000 and is now trading at $111,236, with a 0.22% increase in 24 hours.Tiger News
Sep 3, 2025
Top Calls on Wall Street: Apple, Alphabet, Chipotle, Nvidia, McDonald’s & More
Here are the biggest calls on Wall Street on Wednesday:Morgan Stanley reiterates Alphabet as overweightThe investment bank said the bull case is moving ahead following the ruling in the DOJ-Alphabet antitrust case.“Analysis of Judge Mehta’s remedies highlight how they are likely benign and unlikel...Tiger News
Sep 3, 2025
Will iPhone 17 Lift Apple’s Stock? JPMorgan Bets on China, Citi Skeptical on Innovation
TradingKey - Ahead of Apple’s (AAPL) annual fall launch event on September 9, Pacific Time, where the iPhone 17 series is expected to debut, Wall Street remains cautious — viewing the new models as incrementally improved but not revolutionary. Citi slightly raised its 2025 iPhone shipment forecast,TradingKey
Sep 3, 2025
Pre-Bell | Nasdaq Futures up 1%; Macy's Surges 12%; Alphabet Soars 6%; Apple Jumps 4%; BMNR, Upexi up 3%; Dollar Tree Sinks 6%
Stock futures were higher on Wednesday after a federal court decision in an Alphabet antitrust case fueled optimism that the tech giants will be able to weather regulatory threats.Tiger News
Sep 3, 2025
Elliott Makes $4 Billion Bet on PepsiCo’s Turnaround: Sees 50% Upside
TradingKey - Elliott Investment Management, one of the world’s largest activist funds, revealed on Tuesday that it has acquired $4 billion worth of shares in PepsiCo. The fund plans to push the beverage giant towards a strategic overhaul to reverse its lagging performance.
TradingKey
Sep 3, 2025
After Samsung and SK Hynix, US Ends TSMC's Chip Tool Exemptions for China
TradingKey - TSMC stated on Tuesday that the U.S. government will revoke the "Validated End-User" (VEU) authorization for its Nanjing factory effective December 31, 2025, forcing the company to seek individual licenses for each shipment of U.S.-manufactured semiconductor production equipment to...
TradingKey
Sep 3, 2025
Shareholders sell stocks, executives cash out - CoreWeave's insider selling triggers a crisis of market confidence
TradingKey - Cloud computing company CoreWeave (CRWV.US) saw its stock drop 9.4% on Tuesday, closing at $93.34, amid growing investor concerns over a wave of insider selling following the expiration of a lock-up period in August.TradingKey
Sep 3, 2025
Google Stock Jumps 6% and Apple Share Rises 3% After Google Dodges Worst Penalties in U.S. Antitrust Case
A federal judge ruled that Google can keep its Chrome browser but will be barred from exclusive contracts.U.S. District Judge Amit Mehta’s decision comes nearly one year after he ruled Google illegally held a monopoly in internet search in the landmark antitrust case.Google paysApple billions per ye...Tiger News
Sep 3, 2025
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