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This Company Is Changing The Way Ownership Is Seen In The Marketplace

Benzinga

By Johnny Rice, Benzinga Zach Hascoe, Co-Founder and Chief Commercial Officer at Say Technologies LLC, was a panelist at Benzinga’s 9th Annual Fintech Deal Day & Awards. Say offers a technology platform for shareholder voting and engagement. The company says it is on a mission to transform the way shareholders and companies communicate, engage and interact. Mr. Hascoe spoke about the ways in which the relationship between shareholders and companies is ripe for disruption and transformation. Watch the full panel here: Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 21, 2023 01:00 PM Eastern Standard Time

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Sprott ETF Product Management Director Steven Schoffstall Explains Why Uranium Prices Are Soaring This Year And How Investors Can Trade The Rally

Benzinga

By Rachael Green, Benzinga As nuclear energy surges back into the limelight, promising a smoother transition away from fossil fuels, long-stagnant uranium markets have been booming. The once-obscure commodity is increasingly gaining the attention of investors looking for a new way to trade the clean energy transition. To learn more about uranium and what investors new to the space need to know, Benzinga sat down with the Director of ETF Product Management at Sprott Asset Management, Steven Schoffstall. Uranium prices have soared this year, outperforming other metals. Can you talk about why this is happening now and where you see uranium prices headed going forward? There are a couple of things that are at play here. Year-to-date through the last couple of days or so, [physical uranium] is up about 55%. Uranium tends to be much less sensitive to shorter-term economic noise. So when we see slow-down discussions about what's going on with the Chinese economy, that tends to affect other commodities more than what we see flow over into uranium. There is a really strong case for uranium and the future growth of the price as well as the sector going forward. If you were to look back at uranium prices about five or six years ago, they were somewhere around $20 a pound. Now, we're sitting closer to $74 or $75 per pound. The incentive price is really important to look at when we look at uranium. That is the price at which producers can produce uranium and still turn a profit. That's currently around the $75 to $80 range. That would suggest that, at least in the short term, there is some additional room for the price of uranium to move. When you look over the longer term, there is a severe supply-demand imbalance that we see developing. If you go out to 2040 or so, you see about a cumulative 1.5-billion-pound shortfall in the supply of uranium. So, we think over the longer term, that's going to be conducive to much higher prices in uranium. As demand for uranium increases, what is the outlook on the supply side? What should investors be watching here? I mentioned the longer-term supply shortfall that we're expecting. What it's really going to take to get us there is to get more mines up and running. There are a couple of things that really impact that. One would be the permitting process. To go from finding a mine or developing a site that hasn't previously been mined, it can take 10 to 15 years or longer. That's something that we would expect to see get shortened as we see governments start to sign on to nuclear energy and uranium as the answer to the energy transition. We have a number of mines that were set on care and maintenance because incentive prices weren’t quite there for them to remain operational. So we need to see some increases in the price of uranium to incentivize those companies to get those mines up and running again. The third leg of this stool is bringing the supply of uranium to Western countries. Kazatomprom, in Kazakhstan, is the world's largest producer of uranium. Given its proximity to Russia and the route in which it gets uranium to market, it would be great to diversify that part of the supply chain. We do see companies like Cameco, based out of Canada, with very substantial operations that are bringing a lot of uranium to market. But it’s not going to be smooth sailing. Cameco announced an expected uranium production shortfall relative to its guidance for the rest of this year, which has driven prices higher. Something that we see with any commodity is the potential for supply disruptions. Whether it's logistically, from a labor standpoint or from a permitting standpoint, we would need to see improvement in those areas in order for us to be able to limit the impact on prices as we see the supply and demand gap widening for the next one to two decades. For investors who are new to the space, what unique risks should they be aware of in the uranium market? The biggest one is probably geopolitical. The Russia-Ukraine war is ongoing and leading to energy security considerations. The coup in Niger, which produces about 5% of the world’s uranium could also impact supply. Thinking more from an equity risk profile, these names tend to be smaller cap names. In our uranium miners ETF (NYSE: URNM), the total market cap of the entire index is less than $40 billion. So, it’s a much smaller segment that starts to introduce those risks that investors might not necessarily see if they're investing in larger companies like those in the S&P 500. What are some upcoming catalysts and market movers in the uranium market you’re watching as we head into 2024? For us, it's really about the price action that we're seeing on the physical side. That's going to be driving how much more uranium is coming on to market. What the miners are able to produce profitably and how quickly they are able to get the mines up and running, that's something that we're seeing as a tailwind for the price of uranium. On the energy transition side, on a global scale, [uranium] is a metal that is being looked at more and more to provide the solution to the energy transition. The International Energy Agency recently came out with a new report projecting that fossil fuel usage, particularly oil and natural gas, may peak by about 2030. We will see somewhat of a dip over the next decade or two, but they will still be heavily used. At the same time, we will see a 76% increase in electricity demand on a global basis when you're looking at 2050 relative to 2021. Solar and wind have traditionally been the main ways of generating cleaner energy. But we are starting to see countries really warm up to the uranium story and nuclear energy. One piece that really demonstrates that is, if you look on a global scale, there are about 435 reactors that are currently up and running, mostly in the United States. But we're starting to see a lot of interest from Asia, particularly from China, in increasing their reliance on nuclear energy. Over the next decade or so, there are another 170 reactors that are either already under construction or planned for construction. That's about a 30% to 35% increase in nuclear reactors, which is also going to be driving the opportunity in the coming years. The uranium market can be a bit opaque and hard to access for retail investors. How can they best gain exposure to this market? We have three different ways to provide investors access to the uranium market. Our first option is the Sprott Physical Uranium Trust, a $4.5 billion fund that invests in and stores physical uranium. That's available [on the OTC market] in the United States under the ticker SRUUF. We also have the Sprott Uranium Miners ETF (NYSE: URNM). That's an all-cap exposure to uranium miners that also includes about a 15% to 17% allocation to physical uranium. Most recently, we launched the Sprott Junior Uranium Miners ETF (NASDAQ: URNJ) back in February of this year. That ETF is for those who want to access the smaller-cap names in the uranium universe. When we develop our strategies, whether it's uranium or broader energy transition funds, one thing we really focus on is pure-play companies that are upstream in the supply chain. In our view, the closer we can get to the source of bringing these critical minerals out of the ground, the better. It’s a potentially better investment opportunity because we're moving away from the downstream companies. If companies are involved in building the nuclear reactors or building components that are going to be used in nuclear reactors, there could be cost overruns and a lot of logistical issues and delays. Being upstream allows us to stay away from that because there is a certain baseline of uranium that is necessary to keep not only the reactors that we have now up and running but also to meet that future growth. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 21, 2023 09:25 AM Eastern Standard Time

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Trust Stamp (NASDAQ: IDAI) Reports Q3 Results: Net Revenues Up, Net Loss Narrowed To $35,000

Benzinga

By Faith Ashmore, Benzinga As the digital landscape continues to evolve, there is an increased interest from consumers and agencies alike on how to maintain privacy and data protection so that users’ personal information is safeguarded at all times. AI has become a powerful tool that has the potential to increase security when used wisely and increase opportunities for hackers when used poorly. Among companies leveraging AI, Trust Stamp (NASDAQ: IDAI) is one that seems to stand out in its field as the company looks to revolutionize digital security. Trust Stamp is a global provider of AI-powered, privacy-first trust and identity services used across multiple sectors – such as banking and finance, real estate, communications, regulatory compliance and government. Trust Stamp offers a range of innovative services. The company reports that its biometric capture and analysis technology enables secure and convenient identity verification, allowing businesses to streamline onboarding processes. By integrating advanced document verification, Trust Stamp helps verify the authenticity of important documents, reducing the risk of fraud. Trust Stamp recently released its Q3 financial performance overview. The company reported growth in its net revenue during the third quarter of 2023 – net revenue increased to $3.07 million, marking growth of 127.35% compared to the net revenue of $1.35 million for the same period in 2022. The $3.07 million in net revenue for Q3 2023 was derived from various sources. The majority of this increase was due to the termination of the Master Services Agreement with IGS ("IGS Contract") on September 15, 2022. This termination not only resulted in $2.51 million in net revenue for Q3 2023 but also relieved the company from future contractual obligations for maintenance and upgrades. In addition, Trust Stamp generated $243,000 in net revenue from Mastercard, $186,000 from an S&P 500 bank, and $127,000 from other customers during the same period. Perhaps most notably, Trust Stamp's Orchestration Layer, a platform that enables seamless integration of Trust Stamp services, seems to have been successful in attracting new customers. During Q3 2023, the platform generated $139,000 in total revenue, including new revenue from seven new enterprise customers who were onboarded through FIS. The Orchestration Layer represents Trust Stamp's strategic shift from being solely a provider of custom solutions to offering a scalable SaaS model with low-code implementation. The growth in net revenue during Q3 2023 was offset to an extent by the termination of the U.S. Immigration and Customs Enforcement contract ("ICE Contract") on September 23, 2021. This contract contributed $844,000 in net revenue during Q3 2022 but was subsequently terminated during the 2022 fiscal year. Trust Stamp reported improvements in multiple metrics, particularly in its cost management and operating loss reduction. Trust Stamp effectively reduced its Cost of Services ("COS") by $290,000 or 54.76% in Q3 2023 compared to Q3 2022. Despite onboarding 29 new enterprise customers in 2023, Trust Stamp managed to lower its COS by $21 thousand, thanks to the inherent lower costs of Software-as-a-Service (SaaS) platforms like the Orchestration Layer. Research and Development expenses decreased by $173,000 or 22.19% in Q3 2023 compared to Q3 2022. Selling, General, and Administrative Expenses decreased by $1.23 million or 37.42% in Q3 2023 compared to Q3 2022. Trust Stamp also narrowed its operating loss, which decreased by $3.42 million or 99.36% in Q3 2023 compared to Q3 2022. The increase in net revenue by $1.72 million or 127.35% was mainly attributed to the recognition of nonrefundable license revenue from IGS. This is largely due to Trust Stamp's implementation of cost-cutting measures resulting in a $1.70 million reduction in operating expenses. These cost reductions exceeded the decrease in net revenue, leading to improved margins and greater operational efficiency for the company. Trust Stamp reported progress in improving its financial performance, including a reduction in net loss and an increase in liquidity. Trust Stamp's net loss decreased by $3.40 million to just $35 thousand in Q3 2023, compared to a net loss of $3.44 million in Q3 2022. This improvement reflects the company's efforts to streamline operations and cut costs. As of September 30, 2023, Trust Stamp had approximately $3.18 million in cash, a significant increase from $1.25 million as of December 31, 2022. This improvement was largely due to successful fundraising initiatives. Trust Stamp reported that its outlook for growth in the government sector seems positive, and the company is actively exploring potential partnerships and opportunities in this area. For example, the company has launched its new identity technology called Privtech™, with a strong focus on government applications. The Privtech solution recently received registered trademark status from the U.S. Patent and Trademark Office. Privtech™ offers government agencies a privacy-first approach to identity verification and fraud prevention. It provides four levels of customizable privacy protection through the existing Privtech Certified® framework. This technology allows government entities to verify individuals' identities and safeguard against fraud while minimizing the amount of data collected. Trust Stamp's Privtech™ also ensures transparency in how the collected data is utilized. Trust Stamp is seemingly positioning itself as a crucial ally in the ongoing battle against fraud and identity-related issues, supporting a safer and more secure digital environment for all stakeholders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 21, 2023 09:25 AM Eastern Standard Time

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Clearinghouses Are Critical To The Health And Stability Of Markets – This Is One Of The Largest

Benzinga

By Johnny Rice, Benzinga Mathew Cashman, Principal at Options Clearing Corp, was a panelist at Benzinga’s 9th Annual Fintech Deal Day & Awards. Options Clearing Corp (OCC) is a clearinghouse based in Chicago. It specializes in equity derivatives clearing, providing central counterparty clearing and settlement services to 16 exchanges. The company clears more than 40 million contracts a day. Mr. Cashman spoke about the volume of trades exploding in the last few years and how OCC continues to operate efficiently and securely despite this extreme growth. Watch the full panel here: Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 21, 2023 09:25 AM Eastern Standard Time

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This Options Trading Platform Is All About Community And User Experience

Benzinga

By Johnny Rice, Benzinga Abdul Zoheb, CEO and Co-Founder of UpLeg LLC, was a panelist at Benzinga’s 9th Annual Fintech Deal Day & Awards. UpLeg is an options trading platform for the retail market. The platform provides intuitive and fine-grained control to traders. Users can choose from over 50 defined strategies and create and share their own. Mr. Zoheb spoke about the importance of an intuitive and informative user experience for the retail market as well as the central nature of influencers and community in trading. Watch the full panel here: Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 21, 2023 09:25 AM Eastern Standard Time

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Appier empowers brands to gain a competitive edge in the AI revolution by targeting five key marketing objectives

Appier

TAIPEI, TAIWAN - Media OutReach - 21 November 2023 - Appier, a leading software-as-a-service (SaaS) company that uses artificial intelligence (AI) to power digital marketing decision-making, has revealed the essential marketing objectives crucial for businesses navigating today's volatile global economic environment. The company has pioneered a comprehensive AI marketing assistant, designed to optimize efficiency across five critical domains. These include automated advertising material generation, seamless data integration for insights, streamlined customer journey planning, enhanced capture of interactive sales opportunities, and fortified conversational marketing strategies. Appier is dedicated to translating AI into tangible returns on investment through the power of software intelligence. Over the past four years, the company's product portfolio and market presence have seen continuous expansion, driving remarkable operational growth. With revenue growth surpassing fourfold in just five years, Appier remains at the forefront of innovation, leveraging generative AI's creative prowess and decision-making AI's capabilities to fortify its competitive edge. Amidst rising inflation, consumers are increasingly cautious in their spending choices. To capture consumer attention during this inflationary era, leveraging AI to enhance the digital advertising and marketing experience emerges as the key to success. Notably, generative AI currently holds a modest 3% share of the global digital marketing market. According to MarketResearch.biz, the adoption of generative AI in digital marketing could potentially reach a global market value of $19.5 billion by 2032, boasting an impressive average annual growth rate (CAGR) exceeding 29%. This underscores the significant growth potential of generative AI. Businesses that seize the opportunity to harness generative AI to boost productivity, coupled with the predictive power of AI to ensure a return on investment, can secure a competitive edge and bolster brand resilience. Appier also underscores the profound impact and emerging possibilities presented by generative AI. AI has ushered in a genuine computer era, propelling global enterprises beyond the realm of digital transformation and into an era powered by AI. The ascendancy of generative AI has not only revolutionized white-collar work but has also redefined the approach taken by marketers in crafting advertisements, shaping marketing content, and engaging in conversational commerce. Faced with this paradigm shift, businesses can embark on this journey by prioritizing relevant tasks, forming cross-functional teams, conducting small-scale trials, identifying models tailored to their organizations, and efficiently harnessing external resources. Beginning in the fields of advertising and marketing, they can optimize operational efficiency and extend the use of AI for broader business decision-making. Dr. Chih-han Yu, CEO, and Co-founder of Appier, shares this vision - "Appier consistently aligns with our clients, prioritizing a customer-centric ethos. Our team of domain experts spearheads innovative solutions, providing customers with the industry's most advanced AI technology, fortified by our proprietary technology and expanded services. We facilitate real-time data visualization, significantly reducing the time from data acquisition to actionable insights. This empowers our clients to develop cutting-edge AI models using their exclusive data, ultimately enhancing their brand's sustained competitiveness. Through the utilization of generative AI technology, we continuously elevate advertising and marketing outcomes, seamlessly integrating decision-making AI with domain expertise, effectively realizing our mission of 'Making AI easy by making software intelligent." Amid the ongoing economic volatility, Appier is actively creating a comprehensive AI marketing assistant for businesses. The primary goal is to enhance efficiency across five critical objectives: 1. Automatically generating advertising materials Digital advertising is a multifaceted domain that demands significant attention from marketers. It involves monitoring material performance, refreshing content, and creating seasonal visuals. Appier's marketing material generation instructions simplify this process using basic product images and audience profiles. Generative AI swiftly produces multiple sets of advertising materials that align with the audience and season. For instance, in the context of a food delivery app, Appier automates the creation of tailored advertising materials by considering business or product specifics, weather conditions, and audience interests. Real-time tracking enables the AI model to predict and generate similar materials, consistently enhancing advertising effectiveness. 2. Data integration for insights Unifying fragmented data across diverse marketing channels and swiftly extracting valuable insights has long posed a challenge for businesses and marketers. Appier's AI customer data platform offers a seamless solution by effortlessly consolidating data from various origins, encompassing online and offline sales data, user interactions across web and app marketing channels, and external system data. Once integrated, the platform creates a comprehensive 360-degree user profile, delivering clear insights into the user's journey at every interaction point. This real-time analysis allows for proactive exploration of potential customer needs. 3. Auto mated customer journey planning Appier's Co-pilot, driven by generative AI technology, takes the initiative to recommend customer journeys, streamlining work processes for marketers. To benefit from this feature, marketers simply need to outline their marketing needs, for example, "Assist in devising a new product promotion campaign, including step-by-step delivery of product details, features, and early bird offers." Generative AI can then promptly generate a user journey based on these guidelines, significantly reducing the time spent on the manual setup of each marketing stage. This in turn enables marketers to concentrate on the broader aspects of brand strategy planning. 4. Capturing interactive sales opportunities Each moment a customer engages with a website holds significant sales potential. Appier's AI models swiftly identify a customer's purchase intent and sensitivity to pricing, drawing insights from their collected user behavior data. Subsequently, it provides personalized product recommendations to streamline the purchasing process. For instance, when the system detects a price-sensitive customer, it may offer discounts to encourage them to finalize the purchase. On the other hand, for less price-sensitive customers, it can proactively suggest premium products or product bundles, thereby enhancing the average order value. 5. Stren gthening interactive conversational marketing Appier's conversational marketing platform operates in real-time, employing company-provided document data, including product specifics and FAQs, to educate AI models. This training results in contextually relevant dialogue content, ensuring more precise responses and elevating customer satisfaction. Furthermore, Appier's AI Click Optimization feature is tailored to segment-specific communication. It leverages analysis of past push notification records, user behavior, and preferences to target messages toward users with a higher likelihood of engagement. This not only saves businesses costs but also prevents the delivery of irrelevant messages to disinterested users. In the face of unpredictable economic conditions, Appier's harmonious blend of generative AI's creativity and decision-making AI's prowess plays a pivotal role in enabling brands to harness sales opportunities in various marketing scenarios. This, in turn, elevates the brand's distinctiveness, which holds particular significance in an uncertain economic climate. About Appier Appier (TSE: 4180) is a software-as-a-service (SaaS) company that uses artificial intelligence to power business decision-making. Founded in 2012 with a vision of democratizing AI, Appier now has 17 offices across APAC, Europe, and US, and is listed on the Tokyo Stock Exchange. Visit www.appier.com for more information about Appier and its applications of generative AI. Contact Details Appier Lara Sampara lara.sampara@appier.com Company Website https://www.appier.com/

November 21, 2023 02:37 AM Eastern Standard Time

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Digital Detox: What is it and Do You Need One?

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/jinxQF8-WHw By disconnecting from the digital world for an extended amount of time, people can experience reduced anxiety, better sleep, and a greater sense of presence in the real world. Digital detox also encourages healthier relationships with technology, aiding users in breaking the cycle of addiction to digital devices and regain control over their screen time. Especially as the holidays near, digital detox is top of mind for many Americans as they work to unplug and focus on being present with family, friends and loved ones. With the introduction of the new razr, Motorola is unveiling a new software experience called Moto Unplugged to help users take a break from their smartphone and remove distractions. Driven by Gen Z’s need to establish healthy boundaries with their devices, Motorola created Moto Unplugged to empower users to take a step back and match their mobile experience with their mindset - allowing them to choose when and how they want to disconnect. Setup is simple. Users choose essential apps and contacts they want notifications from. Then whenever they want to unplug, they select a time frame and start a digital break. For example, if a user needs to focus during work hours, they could choose to access only their email or Microsoft Teams and not see any other app during that Unplugged session. Or, for those looking to disconnect for some personal time, users can choose to limit which social media and messaging apps are accessible and which are temporarily blocked. That means more quality time with friends & family, more time to focus on the work that matters now, and more time to balance day-to-day life. Whatever the motivation may be, Moto Unplugged helps users disconnect and break away from the distractions of their phone. The pocketable design of the motorola razr and razr+ also lends itself to supporting users’ mental well-being with features like: An interactive external display: The razr offers a1.5" external display, ideal for those who want to disconnect while their phone is closed. Users can still view notifications, check their calendar and more on the external display, so they can stay connected, and not distracted. The 1.5" external display keeps users up to date with the latest notifications—without having to flip open the phone.. With the razr+, users have a larger 3.6" external display, which allows users to check notifications, respond to emails and messages, and manage virtually any app without opening the phone. This means users can check off tasks quickly without getting absorbed into their device. Innovative Flex View: Both devices also offer fun opportunities for content capture. Using Flex View, users can stand the phone at multiple angles - using it as a hands-free tripod of sorts. Both devices offer interactive camera features like Photo Booth, which can be fun for the whole family especially around the holidays. To learn more about Moto Unplugged and razr, the trendiest new device of the season, visit: motorola.com. About Hailey Bright Hailey Bright is a highly sought-after Television Host & Social Media Influencer who is best known for bringing her upbeat savvy know-how and expertise to audiences across the country. Hailey has hosted shows on ABC, CBS, NBC, FOX, MTV, Syfy, Spike TV, DirecTV, Red Bull Signature Series, GSN, KTLA, DEFY, Poker Central, POPSUGAR, Clevver TV News, Walmart, Toyota, Microsoft, Best Buy, TechCrunch, Dreamhack eSports, NewEgg, Echo Fox eSports, Regal Cinemas, & Warner Brothers. As an influencer, Hailey has over 150,000 dedicated online fans and has partnered with a number of brands including Amazon, Walmart, Hilton, Toyota, Kellogg’s, Suave, Sephora, Purina, Frito-Lay, Anheuser-Busch, Ubisoft, Polaroid, Hertz, Sundance, and Marvel Comics. She can currently be seen hosting on Red Bull’s Crashed Ice World Tour airing on FOX. When not working, you can find Hailey tinkering with the latest tech gadgets, decorating homes, planning her next off-the-beaten path getaway, being a food monster and eating everything in site, playing video games, running, or watching her favorite tv shows for the millionth time. Hailey loves to share a joke, have fun, and laugh with everyone she meets. Socials: Instagram 94.8k followers Facebook 20k followers Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

November 20, 2023 01:56 PM Eastern Standard Time

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Founder Of Business Credit Consultants Discusses Predatory Loan Situations Small Businesses May Find Themselves In

Benzinga

By Faith Ashmore, Benzinga Richard Gusmano, Founder of Business Credit Consultants, spoke at the panel “Sustainable Growth: Collaborative Strategies for Environmental and Economic Success” at Benzinga’s Future of Digital Assets Conference. Gusmano talks about the dangerous economic options being presented to small businesses that don’t know any better. Oftentimes small businesses come across what looks to be loans but are advances. These advances sometimes have 30-40% interest rates, which put those businesses in financial danger. Watch Exclusive Footage Here Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 20, 2023 01:00 PM Eastern Standard Time

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Bitdeer Shares Its Successful Approach To Cryptocurrency Mining

Benzinga

By Faith Ashmore, Benzinga Haris Basit, Chief Strategy Officer of Bitdeer (NASDAQ: BTDR), spoke at the panel “Tales From a Crypto Miner” at Benzinga’s Future of Digital Assets Conference. April 2024 is the next Bitcoin halving. Basit shares that in preparation for this halving, miners should focus on mining fleet efficiency and cost of energy, as well as make sure that they have a lot of capital to be able to wait out to return of higher prices. Watch Exclusive Footage Here Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 20, 2023 01:00 PM Eastern Standard Time

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