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Two dramatically different sectors—conservative media and next-gen telecom—are making headlines as Newsmax (NYSE: NMAX) and Peraso Inc. (NASDAQ: PRSO) capture investor attention with breakout market moves and disruptive strategies.
Newsmax, a leading conservative news outlet, shocked Wall Street with a 735% surge in its IPO debut on March 31, 2025, closing at $83.51 after opening at just $14. The momentum continued into the next trading session, where shares soared to a pre-market high of $106 and touched an intraday peak of $192.70, before pulling back to trade around $137 by mid-morning. Fueled by strong retail investor demand, social media buzz, and renewed political relevance amid President Trump’s return to the White House, Newsmax’s blockbuster debut signals its intent to rival Fox News as a dominant force in cable media.
Meanwhile, Peraso Inc. (PRSO) is drawing attention from the telecom sector with a cost-cutting 5G solution that’s gaining traction among network operators. Leveraging unlicensed 60GHz millimeter-wave (mmWave) technology, Peraso sidesteps costly licensed spectrum fees—a move that gives it a powerful pricing advantage in the booming 5G backhaul market. This edge is especially valuable for urban densification and rural connectivity projects where performance and affordability must align.
Industry forecasts place the global mmWave market at $17.9 billion by 2032, and Peraso’s innovative approach positions it to be a key player. “Peraso’s 60GHz tech is well-aligned with telco priorities—high performance at reduced cost,” noted a telecom strategist in Austin.
Together, NMAX and PRSO represent a new wave of market disruptors, each reshaping their respective industries—Newsmax through political media dominance, and Peraso through next-gen wireless infrastructure innovation.