Latest news with #NEX
Yahoo
18 hours ago
- Business
- Yahoo
Canada Energy Partners Extends Private Placement
VANCOUVER, British Columbia, June 03, 2025 (GLOBE NEWSWIRE) -- Canada Energy Partners Inc. (NEX: CE.H) (the 'Company') announces that the TSX-Venture Exchange has approved an extension of its non-brokered private placement until June 26/2025. Please see the original news release announcing the private placement issued on April 11/2025 for more information. On behalf of the Board of Directors of Canada Energy Partners Inc.: Grant HallPresident For more information, please contact: CANADA ENERGY PARTNERS Grant Hall, President Email: ghall9612@ Phone: (520) 668 4101 Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release contains forward-looking statements within the meaning of applicable securities laws. Forward-looking statements are frequently characterized by words such as 'plan', 'expect', 'project', 'intend', 'believe', 'anticipate', 'estimate' and other similar words or statements that certain events or conditions 'may' or 'will' occur, including, without limitation, estimated revenues. Forward-looking statements in this press release include statements about the anticipated filing deadline for the Annual Filings. Forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include, without limitation, the failure to file the Annual Filings by the anticipated date. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The forward-looking statements contained in this press release are made as of the date hereof, and the Company undertakes no obligation to update publicly or revise any forward-looking statements, whether because of new information, future events or otherwise, unless so required by in to access your portfolio
Yahoo
5 days ago
- Business
- Yahoo
Intel Eyes NEX Exit While Broadcom Tightens AI Chip Grip
May 30 - Intel (NASDAQ:INTC) is weighing a potential exit from its Networking and Edge (NEX) division, a move that could sharpen its focus on core CPU markets. NEX, which includes networking gear and edge-computing chips, brought in $5.8 billion in revenue during 2024, or about 11% of Intel's total sales. Despite growing 20% in the fourth quarter and posting a 16% operating margin last year, the unit is under strategic review as Intel redirects efforts to defend its leading position in PC and data center processors. Warning! GuruFocus has detected 7 Warning Signs with INTC. The company's overall CPU market share has slipped from 80% in 2015 to 60% in 2024, with Advanced Micro Devices (NASDAQ:AMD) gaining ground. Intel still controls 68% of the PC CPU market and 55% in data center CPUs. Broadcom (NASDAQ:AVGO) appears to be a major pressure point. Its dominance in networking chips, including its Tomahawk line for AI data centers and Jericho chips for telecom, has reportedly contributed to Intel's decision to retreat from NEX. Broadcom's networking products now represent about 30% of its $12.3 billion in AI revenue. That edge, plus the ability to offer both switching and NIC hardware, may be crowding Intel out of the space. Based on the one year price targets offered by 32 analysts, the average target price for Intel Corp is $21.31 with a high estimate of $28.30 and a low estimate of $14.00. The average target implies a upside of +7.29% from the current price of $19.86. Based on GuruFocus estimates, the estimated GF Value for Intel Corp in one year is $23.65, suggesting a upside of +19.05% from the current price of $19.86. This article first appeared on GuruFocus.
Yahoo
5 days ago
- Business
- Yahoo
Intel Eyes NEX Exit While Broadcom Tightens AI Chip Grip
May 30 - Intel (NASDAQ:INTC) is weighing a potential exit from its Networking and Edge (NEX) division, a move that could sharpen its focus on core CPU markets. NEX, which includes networking gear and edge-computing chips, brought in $5.8 billion in revenue during 2024, or about 11% of Intel's total sales. Despite growing 20% in the fourth quarter and posting a 16% operating margin last year, the unit is under strategic review as Intel redirects efforts to defend its leading position in PC and data center processors. Warning! GuruFocus has detected 7 Warning Signs with INTC. The company's overall CPU market share has slipped from 80% in 2015 to 60% in 2024, with Advanced Micro Devices (NASDAQ:AMD) gaining ground. Intel still controls 68% of the PC CPU market and 55% in data center CPUs. Broadcom (NASDAQ:AVGO) appears to be a major pressure point. Its dominance in networking chips, including its Tomahawk line for AI data centers and Jericho chips for telecom, has reportedly contributed to Intel's decision to retreat from NEX. Broadcom's networking products now represent about 30% of its $12.3 billion in AI revenue. That edge, plus the ability to offer both switching and NIC hardware, may be crowding Intel out of the space. Based on the one year price targets offered by 32 analysts, the average target price for Intel Corp is $21.31 with a high estimate of $28.30 and a low estimate of $14.00. The average target implies a upside of +7.29% from the current price of $19.86. Based on GuruFocus estimates, the estimated GF Value for Intel Corp in one year is $23.65, suggesting a upside of +19.05% from the current price of $19.86. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-05-2025
- Business
- Yahoo
Alphinat Announces a Net Loss of $(188,216) for Quarter Ended February 28, 2025
MONTREAL, QC / / May 27, 2025 / Alphinat Inc. (TSXV:NPA.H)(NEX:NPA) announces a net loss of $(188,216) for the second quarter 2025 ended February 28 th , 2025 compared to a net income of $803 for the same period ended February 29 th , 2024. During the quarter ended February 28, 2025, Alphinat continued to focus the majority of its sales efforts on the public sector and its partners. SmartGuide is leveraged by federal, state/provincial and municipal government agencies to accelerate solution deliveries, improve productivity gains and user experiences. In order to accelerate future growth, Alphinat has six main areas of solution deliveries: SmartGuide ® Grants and Contributions solution ( was developed in conjunction with a federal department of the Canadian Government. This platform offers unparalleled productivity for federal, state and municipal clients creating calls for grants including financial program creations for applications, adjudication and payments; SmartGuide ® Portal Edition for Dynamics 365 1 ( has optimize the way that clients can now create and deploy online services on top of Microsoft Dynamics 365 CRM solutions. This offering is available in SaaS mode as well as on-premises; SmartGuide® Green House Gas Registry solutions ( is a green fintech solution allowing governments and industry to work together in reducing the harmful effects of greenhouse gas. Alphinat currently has three provincial clients for our solution; SmartGuide® Claims solutions ( was developed in conjunction with a major IT consulting partner, which aims at offering unparalleled productivity to federal, state and municipal clients for financial claims applications, adjudication and settlements for financial compensation and class action settlements; SmartGuide ® CIVIC Portal, CIVIC Portal for Permits & Licensing ( and SmartGuide ® Municipal Cloud are Municipal Cloud and on-premises solutions front ending partner solutions and other digital services for improved user experience for both the cities and their citizens. SmartProfile ( a secure Single Sign On solution is now a standalone solution, built on SmartGuide it provides industry leading flexible for full integration and end-user satisfaction. SmartGuide® brings faster agile development with LIVEaiASSIST© to the Cloud, Web & mobile and now extends its offering with SmartProfile© standalone secure Single Sign On (SSO) solution. SmartProfile© an access management secure single sign-on is now a standalone solution, based on SmartGuide, it offers industry-leading flexibility for full integration and end-user satisfaction. For the 3-month period ended February 28, 2025, revenues were $182,884 compared to $242,715 for the corresponding period of 2024 the result of delays on two of our municipal projects due to a third party software vendor's delays in providing necessary software updates to our clients. The net loss for the 3-month period ended February 28, 2025, was $(188,216) or $(0.00) per common share outstanding would correspond to a net income of 803 or $0.00 per common share outstanding for the 3-month period ended February 29, 2024. Alphinat's financial statements and management's discussion and analysis for the period ended February 28, 2025, are available on SEDAR at 1 Dynamics 365 is a trademark of Microsoft Corporation About Alphinat At Alphinat, we are driven by the passion to make application development easy for everyone and system interoperability issues a thing of the past. We enable people with the vision of how a finished application should look and behave to be a major part of the development process. After all, what better way to ensure a favorable outcome than to provide those closest to an application's end-users with a vested interest in its success throughout its development? That's why we bring you new ways to empower the right people at the right time in the application development process. At the same time, we're constantly working to reduce the need to code in order to make application development and maintenance simpler and less error prone. So, whether you choose to develop your applications with the help of our low-code platform SmartGuide®, kickstart your project using one of our pre-built apps or engage us or one of our partners to do the work for you, we're here to help you deploy better applications in record time. Visit us at for more information. We look forward to hearing from you. Forward-looking statements Certain statements in this document, including those which express management's expectations or estimations with regards to the Company's future performance constitute «forward-looking statements" as understood by applicable securities laws. Forward-looking statements are, of necessity, based on a certain number of estimates and hypotheses; while management considers these to be accurate at the time they are expressed, they are inherently subject to significant uncertainties and risks on the commercial, economic and competitive levels. We advise readers that these forward- looking statements are subject to risks, uncertainties, and other known and unknown factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied in these forward-looking statements. A number of factors could cause significant differences between actual results and those described in forward-looking statements. These include, but are not limited to, the Company's capacity to increase acceptance of its products on the market, and to penetrate new markets; the potential existence of defects or undetected problems in the Company's products; the Company's ability to manage its growth; the Company's ability to compete with others; potential commitments; maintaining the Company's intellectual property rights and defending against litigation putting those rights in question; the Company's reliance on the knowledge of its key personnel; and the Company's access to sufficient capital to finance its future needs. This is a partial and non-exhaustive list of factors that could bear on any of our forward-looking statements. Investors are advised to not rely unduly on the forward-looking statements. This advisory applies to all forward-looking statements, whether expressed orally or in writing, attributed to Alphinat or to any individual expressing them in the name of the Company. The Company is under no obligation to publicly update these forward-looking statements, whether to reflect new information, future events, or other circumstances. Risks and uncertainties that bear on the Company are described in greater detail in the Company's Annual Report. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. For further information please contact: Ms. Mahtab AbbasigaravandChief Executive OfficerAlphinat Inc.(514) 398-9799 SOURCE: Alphinat, Inc. View the original press release on ACCESS Newswire Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-05-2025
- Business
- Yahoo
Intel Touts New Divestments to Focus on PC, Data Center Chips
On May 20, Reuters reported, citing people familiar with the matter, that Intel Corporation's (NASDAQ:INTC) plans to divest its network and edge (NEX) business as it looks to concentrate on areas it has always thrived in. The embattled semiconductor giant's long-term prospects lay in PC and data center chips, according to new CEO Lip-Bu Tan. A scientist at a computer station, surrounded by a neural network of artificial intelligence code. The restructuring drive does not come as a surprise, as Intel controls about 68% of the PC chip market. In addition, the company controls about 55% of the market share in data centers, which provide significant growth opportunities amid the artificial intelligence boom. CEO Lip-Bu Tan does not believe the NEX unit, which makes chips for the telecom equipment market, will help the company's core strategy. In addition, he wants to exit the segment to stay clear of a market dominated by companies like Broadcom. Divestments have emerged as Intel's key strategy, as it aims to enhance focus on the core business. It has already shed a majority stake in its Altera Unit to Silver Lake and, in the process, generated $4.46 billion that it can use to revitalize growth in the PC and data center business units. Renewed focus on the core business has helped strengthen the stock sentiments, with a 5% year-to-date gain. Bank of America analyst Vivek Arya has already reiterated a Hold rating on the stock with a $23 price target. While we acknowledge the potential of Intel Corporation (NASDAQ:INTC) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than INTC and that has 100x upside potential, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
