- The New Money
- Posts
- The Big Business Of Weight Loss, A Bet On Bittensor, And The New Public Company Stacking Solana
The Big Business Of Weight Loss, A Bet On Bittensor, And The New Public Company Stacking Solana
The markets and trends that matter, made simple. Discover what’s next.
Hims & Hers Wants To Win The Weight Loss Opportunity
Hims & Hers Health (NYSE: HIMS) launched a new meal subscription plan focused on providing deeper nutritional support for individuals looking to lose weight as well as for individuals who have already been prescribed weight loss drugs. Hims & Hers Health has experienced an explosion in user growth recently, which has largely been fuelled by providing streamlined access to generic versions of GLP-1 weight loss drugs through their telemedicine platform.
Crypto Billionaire Barry Silbert Believes In Bittensor
Billionaire and digital asset entrepreneur Barry Silbert has launched a new company called Yuma to focus on backing innovative startups building new technology on the Bittensor network. Bittensor is a decentralized platform for building artificial intelligence models and machine learning technology directly onto the blockchain.
There’s A New Public Company Stacking Solana
The excitement around Solana has been heating up within the traditional public markets. And now, there’s a new publicly traded company getting serious about accumulating the popular cryptocurrency that is breaking all time highs. SOL Global Investments (CSE: SOL) has purchased $2 million of Solana to hold directly as an asset, and announced their intent to raise more capital for the sole purpose of acquiring Solana.
The Sprint
Galaxy Digital (TSX: GLXY) announced a new private offering of $300 million to expand the operational capacity of their high performance computing data centre.
Nuclear Fuels (CSE: NF) raised $13.9 million in a new equity financing round that included participation from strategic investor enCore Energy (NASDAQ: EU).
Intuitive Machines (NASDAQ: LUNR) announced a new research collaboration with Johns Hopkins University Applied Physics Laboratory which will focus on lunar communications and navigation infrastructure in cislunar space.
SoundHound AI (NASDAQ: SOUN) significantly scaled up their artificial intelligence voice technology platform as part of their partnership with French insurance giant Apivia Courtage.
Ameresco (NYSE: AMRC) partnered with UCI Health to install solar photovoltaic arrays on their new hospital, which will be the first in the United States powered entirely by solar energy.
Quantum-Si (NASDAQ: QSI) and Nvidia (NASDAQ: NVDA) have launched a new partnership to advance the development of a proprietary proteomics platform known as Proteus capable of analyzing proteins in extreme detail.
The Sui Foundation and Franklin Templeton Digital Assets announced a new partnership focused on accelerating technological innovation and new applications being built on the Sui blockchain.
The Markets This Week
+96.8% | Quantum Computing Inc. (NASDAQ: QUBT) landed their first order last week for their thin film lithium niobate photonic chips from a research and technology institute located in Asia.
+90.9% | Red Cat Holdings (NASDAQ: RCAT) recently won the United States Army Short Range Reconnaissance Program of Record contract to supply drone systems.
+54.8% | NANO Nuclear Energy (NASDAQ: NNE) previously made an investment into LIS Technologies, an early stage company focused on laser isotope separation.
+47.0% | Archer Aviation (NYSE: ACHR) made the first ever delivery of their Midnight electric aircraft to the United States Air Force as part in August.
+41.8% | Simply Better Brands (TSXV: SBBC) reported significant sales growth from their flagship protein bar brand TRUBAR.
+40.0% | Oklo Inc. (NYSE: OKLO) recently entered into new agreements with two data centre operators to provide them with nuclear power.
Trending Now
Looking to connect? Reach out and get in touch.
New here? Join our community of 40,000+ individuals interested in uncovering the world’s most exciting early stage companies.
Disclaimer: The New Money provides background information on early stage companies from publicly available sources. The New Money provides no advice on dealing in securities, is not a financial adviser and does not pretend to be so. This message is meant for information and educational purposes only. The information contained in this email is not to be considered factual or complete. Anybody interested in obtaining financial and other information on companies mentioned is advised to get it direct from the companies, or from their own investment adviser. The New Money does not intend for this information to be used to inform an investment decision. The New Money has been compensated by some of the companies mentioned in this email for awareness campaigns, which affects our ability to be unbiased. The Principals of The New Money may buy or sell shares of the mentioned companies without further notice. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities. The New Money and its principals and agents are not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Always do your own research and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment. Investing is inherently risky. While a potential for rewards exists, by investing, you are putting yourself at risk. You must be aware of the risks and be willing to accept them in order to invest in any type of security. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy or Sell securities. No representation is being made that any stock trade will or is likely to achieve profits. Comparisons made to other featured companies or past performance is not indicative of future results.