Friday, October 30, 2020

Betting on #Gaming #Stocks #Podcast Episode 2 – News from (OTCQB: $WINR), (NasdaqCM: $GMBL) (TSXV: $GAME.V) (OTCQB: $MLLLF)

Betting on #Gaming #Stocks #Podcast Episode 2  – News from (OTCQB: $WINR), (NasdaqCM: $GMBL) (TSXV: $GAME.V) (OTCQB: $MLLLF)

 


Point Roberts WA, Delta BC, October 30, 2020 Investorideas.com, a global investor news source releases today’s edition of the  Betting on Gaming Stocks Podcast , featuring gaming, casino and  e-sports stock news from TSX, TSXV, CSE, ASX, NASDAQ, NYSE  companies plus interviews with CEO's and leading experts.

 

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2020/103020-Gaming.mp3

 

Read this in full at https://www.investorideas.com/news/2020/gaming-podcasts/10301WINR-GMBL-GAME-MLLLF.asp

 

Listen to Investor Ideas podcasts on Spotify

 

Transcript

In today’s episode of Investorideas “Betting on Gaming Stocks” Podcast we look at a few public company announcements.

 

Simplicity Esports and Gaming Company (OTCQB:WINR), announced today that it has signed definitive documents to acquire three additional franchisee owned esports gaming centers in California and Washington. These gaming centers, combined with other acquisition targets previously announced, generated over $2,000,000 in combined revenues in 2019. The closing of these acquisitions gives Simplicity a total of nine corporate owned, and 20 franchisee owned gaming centers open and operational. 12 other franchisee owned gaming centers remain closed due to government imposed restrictions.

 

Roman Franklin, President of Simplicity Esports, stated, “COVID-19 related social distancing and capacity restrictions have had a negative impact on traffics counts for some of our gaming centers, but other locations are having record setting months for membership sales. One of our corporate owned gaming centers in Texas sold a record number 37 new memberships so far during the month of October.

 

2020 has presented us with an amazing opportunity to invest in the acquisition of gaming centers while simultaneously capitalizing on disruptions in commercial real estate that allow us to sign new five to 10 year leases with rent calculated as a percentage of gross sales. The EBITDA profile of the acquisitions is attractive to Simplicity because of the reduction of the largest fixed expense through the signing of new percentage rent leases. These acquisitions allow Simplicity Esports to report the full revenues generated by these gaming centers on a consolidated basis.”

 

In addition to these closed acquisitions, Simplicity has six additional executed non-binding letters of intent for the acquisition of esports gaming centers with new percentage rent leases from landlords. The six additional acquisitions are expected to close by November 15, 2020.

 

Esports Entertainment Group, Inc. (NasdaqCM: GMBL) (NasdaqCM: GMBLW), a licensed online gambling company with a focus on esports wagering and 18+ gaming, and the Philadelphia Union, Philadelphia’s Major League Soccer team, today announced that they have entered into an agreement to become the official esports tournament provider for the Union.

 

"We’re excited to further extend our reach into Major League Soccer through our partnership with the Philadelphia Union,” commented Grant Johnson, CEO of Esports Entertainment Group.

 

“Traditional sports teams continue to incorporate esports into their programs, and we are quickly becoming the go-to provider for tournament solutions for this highly attractive market segment.”

 

Under the terms of the agreement, the Company will host tournaments for the Philadelphia Union on its Esports Gaming League (“EGL”) platform, providing new ways for the team to engage its fans while demonstrating the crossover appeal of esports to traditional sports fans and organizations. Tournament prizes will be provided by Philadelphia Union and include team merchandise and one-of-a-kind experiences.

 

“Our team and Major League Soccer have been at the forefront of incorporating esports as a way to connect and further engage our fanbase,” said Jean-Paul Dardenne, Philadelphia Union Senior Vice President of Corporate Partnerships. “With this partnership, we are excited to continue to build on our success in esports and to provide another way for fans to connect to the team they love.”

 

“This is another great opportunity to promote esports and sports wagering while showcasing our brand to a large and engaged audience,” commented Magnus Leppäniemi, EVP Esports at EEG. “The rapidly growing interest in esports from the traditional sports community has been exciting development, and we look forward to providing these teams with best-in-class solutions, fortifying our leadership position in the market.”

 

EGL enables live and online events and tournaments where gamers can compete and enjoy a wide range of content relating to esports and video games on a proprietary technology platform. Services include full turnkey esports events, live broadcast production, game launches, and online branded tournaments.

 

The co-founder of Engine Media's (TSX-V: GAME) (OTCQB: MLLLF) esports live streaming and data analytics experts Stream Hatchet – Eduard Montserrat – has scored the Digital Executive of the Year Award at the 2020 Esports Business Summit.

 

The Tempest Esports Business Awards were revealed virtually this week with Montserrat in the digital executive category with executives from NFL Gaming and Esports, iRacing, Wizards of the Coast, and Super League Gaming.

 

Montserrat and the team from Stream Hatchet have established the Engine Media company as the industry leader in the measurement of gaming live streaming data across all platforms and provides valuable data insight for esports teams, gaming studios, and major brands invested in gaming.

 

Montserrat's nomination was one of three nominations for the Engine Media group. UMG – Engine's tournament and broadcasting experts – collaborated with FAZE Clan for the Fight2Fund COVID-19 fundraising event earlier this year and was nominated in the Best Amateur/Semi-Pro event while Engine Media's groundbreaking World's Fastest Gamer competition and documentary series was nominated in the Esports-themed Program/Documentary (Non-competitive).

 

"We are extremely proud of Eduard for receiving this prestigious award. It is great recognition for what he and his team have achieved," Engine Media Executive Chairman Tom Rogers said.

 

"The data analysis and analytics expertise provided by Stream Hatchet has been invaluable for all our Engine Media brands. The company is now renowned as the industry experts in providing esports teams, game studios, and brands investing in esports with the data and intelligence they need for important business decisioning," said Co-CEO Lou Schwartz.

 

Held virtually this year, the Esports Business Summit brings together esports executive management, streaming companies, teams and leagues, venues, sponsorship managers, game publishers and more over a three-day virtual conference.

 

Prominent industry leaders presented at the conference included the gaming studios behind Valorant, Call of Duty, Overwatch, Fortnite, Counter-Strike: Global Offensive, and NBA 2K, plus key industry leaders Twitch, PepsiCo, Electronic Arts, Turner Sports, NASCAR, Norton and Stream Hatchet.

 

Director of Strategic Partnerships Bobby Baird and Chief Revenue Officer Jake Phillips showcased Stream Hatchet's expertise with a presentation at the Esports Business Summit entitled "Measuring the global esports footprint through COVID with Stream Hatchet."

Baird and Phillips highlighted key industry trends from at the event from the latest Stream Hatchet data including:

       Esports streaming hours had a massive increase at the start of the COVID-19 pandemic but has maintained the momentum since the return of traditional sports (NBA, NHL, NFL)

       YouTube Gaming has been increasing its esports viewership market share QoQ in 2020 - up to 44% in Q3

       Casual/Party games like Among Us and Fall Guys have demonstrated that gaming audiences crave personalities as much as they do skill

       Live streaming continues to expand to global audiences, with 40 percent of creators living outside the United States

       COVID-19 has impacted the number of events (down 30%) (especially live events), forcing leagues to move to online formats, but the total viewership has responded well with a 9.4% increase during the COVID-19 date range

       Q3 2020 had the largest increase in mobile hours watched over the past year with 117M hours watched - a 143% increase QoQ

 

The launch of Stream Hatchet's parent company of Engine Media Inc. was confirmed in May when Torque Esports Corp. (TSX-V: GAME) (OTCQB: MLLLF) completed its acquisition of Frankly Inc. (TSX-V: TLK) (OTCQX: FRNKF), and WinView, Inc. – placing Engine Media at the forefront of esports, gaming, news streaming and sports gaming across multiple media platforms.

 

To date, the combined companies have clients comprised of more than 1,200 television, print, and radio brands including CNN, ESPN, Discovery / Eurosport, Fox, Vice, Newsweek, and Cumulus; dozens of gaming and technology companies including EA, Activision, Blizzard, Take2Interactive, Microsoft, Google, Twitch and Ubisoft; and have connectivity into hundreds of millions of homes around the world through their content, distribution, and platform.

 

The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

 

Visit the Podcast page at Investorideas.com:

https://www.investorideas.com/Audio/

 

Research gaming stocks at Investorideas.com with our gaming, casino  e-sports  stocks directory at Investorideas.com

https://www.investorideas.com/GIS/Stock_List.asp

Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood , Acorn, Stash  and others.

 

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers.

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Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 489 - #Psychedelic Spotlight-(CSE: $SPOR.C) (OTC: $TRMNF) (NEO: MMED) (OTCQB: $MMEDF)

Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 489 - #Psychedelic Spotlight-(CSE: $SPOR.C) (OTC: $TRMNF) (NEO: MMED) (OTCQB: $MMEDF)

Today's podcast sponsored by Cannabis Suisse Corp. (OTC: $CSUI), a fully licensed cannabis cultivation and distribution company in Switzerland

 


Delta, Kelowna, BC, October 30, 2020 (Investorideas.com Newswire) www.Investorideas.com, a global news source covering leading sectors including marijuana and hemp stocks and its potcast site, www.potcasts.ca  release today’s podcast edition of  cannabis news and stocks to watch plus insight from thought leaders and experts.

 

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2020/103020-StocksToWatch.mp3

 

Read this in full at https://www.investorideas.com/news/2020/cannabis-potcasts/10301SPOR-TRMNF-NMED-MMEDF.asp

 

Hear the investor ideas potcast on Spotify

 

Hear Investor ideas cannabis potcast on iTunes  

 

Today’s podcast overview/transcript:

 

Good afternoon and welcome to another episode of Investorideas.com "Potcast" featuring cannabis news, stocks to watch as well as insights from thought leaders and experts.

 

Today’s podcast is sponsored by Cannabis Suisse Corp. (OTC: CSUI ), a fully licensed cannabis cultivation and distribution company in Switzerland, for recreational tobacco products and medical CBD oils. The Company's facilities for producing cannabis are based in Dietikon, Switzerland, and contain the art surveillance equipment to enable an around the clock webcast. Cannabis Suisse grows high quality, organic cannabis with sustainable, all-natural principles. The Company's products are laboratory tested to ensure the end users have access to a standardized, safe and consistent product. Cannabis Suisse proprietary trademarked MoldStandard is a quantitative microbiology method for analyzing yeast and mold counts in harvested cannabis plants. Cannabis Suisse proprietary trademarked CannaMec is a method for quantifying and removing residual solvents during packaging and storage of CBD products. Cannabis Suisse Corp. currently sells via a distribution network of Swiss retailers and online shops, under the retail brand Alpine Cannabis.

 

In today’s podcast we look at a few public and private company announcements focussing specifically on the emerging psychedelic sector.

 

NEW WAVE HOLDINGS CORP. (CSE: SPOR) (OTC:TRMNF) an investment issuer that provides capital and support services, announced it will bring Microdose to Vancouver November 1st - 10th to start production for the next phase of "The World on Drugs" documentary.

 

The team at New Wave is pleased to announce that Microdose is traveling to Vancouver from November 1-10th, to film the next phase of the upcoming documentary "The World on Drugs". The production aims to illuminate a bold commentary on drug policy, psychedelic medicine and mental health comes at a pivotal moment in our collective evolution. The sharp increase in opioid-related overdose deaths in B.C. highlight the urgent need for new treatments and policy, providing the unique opportunity to spotlight psychedelic medicine. We have scheduled interviews with leading experts in their respective fields, and would love to hear your suggestions for interview candidates, key locations, or critical subject matter that should be filmed in Vancouver, please fill out this open feedback/application form.

 

"We would like to thank New Wave Holdings for being our inaugural sponsor for this next phase of our international effort to document the intersection of mental health, psychedelic medicine and global drug policy around the world. We are committed to building a compelling, objective narrative by listening to the experts, this documentary will truly be a team effort." Microdose CEO - Patrick Moher

 

Pilot footage for "The World on Drugs" was captured in Mexico where the Microdose team met with notable thought leaders, clinicians and psychedelic medicine providers. For any general partnership inquiries, please reach out to Connor Haslem at: Connor@microdose.buzz.

 

"The Microdose team hopes to continue the journey by heading to Portugal, where full drug decriminalization provides fascinating insight into a potential, more progressive way forward. We also intend on going to Jamaica, another iconic location significantly impacted by the War on Drugs that is pioneering new mental health treatments. As our worldwide documentary filmmaking journey progresses, we hope to illuminate the potential of psychedelic medicine to disrupt the mental health crisis across the globe." - Patrick Moher continued.

 

The data form: If you or anyone you know wants to contribute or is interested to collaborate on this project, please fill out this form. We do have a limited filming period that is available, so unfortunately we won't be able to connect directly with all submissions-but, everybody that fills this form out on behalf of somebody or behalf of themselves will get a free copy of the completed film as a thank you gift for your contribution.

 

If you are interested in getting involved with this dynamic documentary filmmaking project in terms of collaboration, sponsorship or general input, please reach out to Connor Haslem at: Connor@microdose.buzz

 

MagicMed  Industries Inc. announced that it has entered into a Research Contract and a Facilities Use Agreement with the University of Calgary.  The Agreements provide MagicMed with further scientific and laboratory support to accelerate development of its psychedelic derivatives patent library, the PsybraryTM.

"The University of Calgary is excited to partner with MagicMed, an innovative company pursuing psychedelics research," says Associate Vice-President (Research – Innovation), Dr. Steve Larter. "Partnerships like this combine frontline discovery with providing real solutions to society and create opportunities for our researchers and students to help bring cutting-edge knowledge to market."

 

"The additional resources that the University of Calgary is providing to MagicMed compliment and enhance our strengths," says Dr. Joseph Tucker, CEO MagicMed. "This collaboration places MagicMed in a position to expand the breadth and depth of the psychedelic derivatives contained in the MagicMed PsybraryTM."

 

Through the Agreements, MagicMed will be able to leverage new state of the art equipment and laboratory space at the University of Calgary, as well as draw upon its world-class expertise.  Laboratory and resource costs of the MagicMed PsybraryTM expansion will be efficiently allocated while development progress will be expedited.

 

Mind Medicine Inc. (NEO: MMED) (OTCQB: MMEDFannounced that it has closed its previously announced bought deal short form prospectus offering, including the exercise in full of the underwriter's over-allotment option. In connection with the Offering, the Company issued 27,381,500 units of the Company at a price per Unit of $1.05 for gross proceeds of $28,750,575. Canaccord Genuity Corp. acted as sole bookrunner and underwriter in the Offering.

 

Each Unit comprises one subordinate voting share of the Company and one-half of one Subordinate Voting Share purchase warrant. Each Warrant entitles the holder thereof to purchase one Subordinate Voting Share at an exercise price of $1.40 until October 30, 2023. The Warrants will be listed for trading on the facilities of the NEO Exchange Inc. under the symbol "MMED.WS", subject to the final approval of the NEO.

 

MindMed Co-Founder & Co-CEO, J.R. Rahn said "The strong institutional investor interest for this oversubscribed financing demonstrates the vast appetite for companies pursuing clinical trials of psychedelic medicines with the FDA and other regulatory bodies. With our sights set on a NASDAQ up-listing, this fresh funding will further assist the MindMed team in our mission to build the most diverse development pipeline of psychedelic inspired medicines and experiential therapies for patients."

 

Post-financing the Company now has cash reserves of CAD $50.1m (USD $37.8m) to enable continued progress of its clinical trial pipeline of psychedelic inspired medicines and experiential therapies.

 

The Company intends to use the net proceeds of the Offering for investment in its research and clinical development initiatives, including its 18-MC addiction treatment program derived from the psychedelic ibogaine, lysergic acid diethylamide (LSD) microdose program for Adult ADHD, Project Lucy focused on LSD experiential therapy for anxiety disorders, University Hospital Basel Liechti Lab research and development collaboration, its partnership with NYU Langone Health for a Psychedelic Medicine Research Training Program, and for general working capital and corporate development purposes.

 

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the United States Securities Act of 1933, as amended, and applicable state securities laws.

 

MindMed is a psychedelic medicine biotech company that discovers, develops and deploys psychedelic inspired medicines and experiential therapies to address addiction and mental illness. The Company is assembling a compelling drug development pipeline of innovative treatments based on psychedelic substances including Psilocybin, LSD, MDMA, DMT and an Ibogaine derivative, 18-MC. The MindMed team brings extensive biopharmaceutical experience to the Company's groundbreaking approach to developing the next generation of psychedelic inspired medicines and experiential therapies.

 

In closing today’s podcast if you are still on the fence about the benefits of psychedelic medicine (or cannabis) we’ve included two book recommendations that do an amazing job of illustrating the importance and necessity of whole plant based medicines in the modern world, especially in a COVID world.

 

The first is “Psychedelic Medicine: The Healing Powers of LSD, MDMA, Psilocybin, and Ayahuasca” which explores the potential of psychedelics as medicine and the intersections of politics, science, and psychedelics as well as offers non-technical summaries of the most recent, double-blind, placebo-controlled studies with MDMA, psilocybin, LSD, and ayahuasca. This book includes the work of Rick Doblin, Stanislav Grof, James Fadiman, Julie Holland, Dennis McKenna, David Nichols, Charles Grob, Phil Wolfson, Michael and Annie Mithoefer, Roland Griffiths, Katherine MacLean, and Robert Whitaker and is available on Amazon or if you’re in Canada, you can buy online from my local head shop Mary Jane’s HQ.

 

The second has garnered more controversy but is, in my opinion, a must read during this time in history particularly, is “Thus Spoke the Plant: A Remarkable Journey of Groundbreaking Scientific Discoveries and Personal Encounters with Plants” by Monica Gagliano.  This book is both haunting and profound and offers a new perspective on plants, medicine and communication with nature in the modern world. This book is also available on Amazon and you listen to her in depth discussion on plant consciousness on Youtube to hear her words directly.

 


Once again, today’s podcast is sponsored by Cannabis Suisse Corp. (OTC: CSUI ), a fully licensed cannabis cultivation and distribution company in Switzerland, for recreational tobacco products and medical CBD oils. The Company's products are laboratory tested to ensure the end users have access to a standardized, safe and consistent product. Cannabis Suisse Corp. currently sells via a distribution network of Swiss retailers and online shops, under the retail brand Alpine Cannabis.

 

Investor ideas reminds all listeners to read our disclaimers and disclosures on the Investorideas.com website and that this podcast is not an endorsement to buy products or services or securities. Investors are reminded all investment involves risk and possible loss of investment.

 

Learn more about our cannabis podcasts at https://www.investorideas.com/Audio/Potcasts.asp

Or www.potcasts.ca

 

Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood, Acorn, Stash and others.

To hear more Investorideas.com podcasts visit: https://www.investorideas.com/Audio/.

Investorideas.com podcasts are also available on iTunes,  Spotify, Google Play Music, Stitcher, Spreaker,   YouTube via Spreaker,  iHeartradio and Tunein.

 

Potcasts is now a certified word mark Trademark on the blockchain through Cognate, Inc. CM Certification-Registration Number: 10468217708

 

About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. Disclosure: Cannabis Suisse Corp. (OTC: CSUI),is a paid featured company on Investorideas.com More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about

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#AIEye Episode 465: Veritone (NasdaqGS: $VERI) Reviews Agreement with CBS News, and DigiMax Global (CSE: $DIGI.C) with Subsidiary DataNavee Develops AI-Based Crypto Tool #artificialintelligence

#AIEye Episode 465: Veritone (NasdaqGS: $VERI) Reviews Agreement with CBS News, and DigiMax Global (CSE: $DIGI.C) with Subsidiary DataNavee Develops AI-Based Crypto Tool #artificialintelligence

 

Global Big Data Tech Market – Driven by AI, ML – to Reach $116.07 Billion by 2027

 


Point Roberts WA, Vancouver BC – October 30, 2020  – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye-  watching stock news, deal tracker and advancements in artificial intelligence.

 

Listen to today’s podcast:

https://www.investorideas.com/Audio/Podcasts/2020/103020-AI-Eye.mp3

 

Read this in full at https://www.investorideas.com/news/2020/artificial-intelligence/10301AIEye-Veritone-DigiMax.asp

 

Hear the Ai Eye on Spotify  

 

Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

 

Stocks discussed: (NasdaqGS:VERI) (CSE:DIGI)

 

Veritone, Inc. (NasdaqGS:VERI) has renewed its content licensing agreement with CBS News. Under this multi-year renewal agreement, CBS will be able to leverage Veritone’s “proprietary AI technology to advance and accelerate the content search and discovery process,” for the former’s archival and breaking news content. Jay Bailey, Vice President of Entertainment Licensing at Veritone, said:

 

"We are incredibly proud of all that we have accomplished in our decade of working with CBS News, and are excited to renew our agreement and power the future of premium content licensing together. Through our extended partnership, we will continue to grow the amount of CBS News footage that is available to content creators and with our proprietary AI technology make it easier and faster for creatives to pinpoint the perfect moment for their next project."

 

DigiCrypts Blockchain Solutions Inc. (CSE:DIGI),  o/a Digimax Global Solutions, along with its wholly-owned subsidiary DataNavee Corporation, “has developed an AI-Based predictive trading information platform that has demonstrated an ability for an investor to realize superior rates of return trading crypto currencies such as Bitcoin and Ethereum.” An excerpt from the press release explains:

 

…the program uses AI to sort through reams of data that includes not only the trading history of the currencies, but also both macro- and micro-economic data, world events, and global money flows. Bringing all of this data into one program gives the user an ability to predict small and large changes in pricing direction with a high correlation to actual price moves.

 

Global Big Data Tech Market – Driven by AI, ML – to Reach $116.07 Billion by 2027

 

A report published by Fortune Business Insights finds that the global Big Data Technology market will grow from $41.33 billion in 2019 to $116.07 billion by 2027 with a compound annual growth rate (CAGR) of 14 percent in the forecast period 2020-2027. An excerpt from the report summary outlines the roles of AI and ML as drivers in the market:

 

The rising adoption of technologies such as Machine learning, AI, and data analytics, is changing the landscape of big data technology. The integration of such technologies with big data helps organizations to augment their visualization capabilities, make complicated data usable, and more accessible over visual representation. ML tools utilize business intelligence solutions to investigate structured and unstructured data. End-users can use ML and data analytics integrated with big data technology to analyze the information and draw insights about the prize, sales, and quantity to reach the target customers. This helps end-users to predict future conditions and to efficiently manage the transportation and supply chain components.

 

Sam Mowers, Investorideas.com

 

Read and hear other editions of the AI  Eye

 

For a list of artificial intelligence stocks on Investorideas.com visit here

Investors can trade these stocks and other ideas on our site using our  list of top stock trading apps including Robinhood , Acorn, Stash  and others.

 

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .

The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

 

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