Monday, February 11, 2019

Investorideas.com - Building Supply and Materials #Stocks Snapshot: (NASDAQ: $BLDR) (OTC: $IVST) (NYSE: $SUM) (TSX: $CWX.TO)

Investorideas.com - Building Supply and Materials #Stocks Snapshot: (NASDAQ: $BLDR) (OTC: $IVST) (NYSE: $SUM) (TSX: $CWX.TO)



Building Supply and Materials #Stocks Snapshot: (NASDAQ: $BLDR) (OTC: $IVST) (NYSE: $SUM) (TSX: $CWX.TO)


New York, NY and Delta, BC - February 11, 2019 (Investorideas.com Newswire) Investorideas.com, a leading investor news resource covering construction, homebuilder and real estate stocks releases a snapshot looking at companies in the sector whose financials reflect steady organic growth expectations for 2019.
In recent news, Dodge Data & Analytics (https://www.construction.com) released its 2019 Dodge Construction Outlook which predicts that total US construction starts for 2019 will be $808 billion, staying essentially even with the $807 billion estimated for 2018.
They also noted, "There are, of course, mounting headwinds affecting construction, namely rising interest rates and higher material costs, but for now these have been balanced by the stronger growth for the U.S. economy, some easing of bank lending standards, still healthy market fundamentals for commercial real estate, and greater state financing for school construction and enhanced federal funding for public works."
An indicator of the global outlook bullishness was the Sika (SIKA.VX) $2.5 billion Parex acquisition, the biggest deal in the European sector since July 2015.
Another positive sign - Zack's Research reported last week, "Beacon Roofing Supply (NASDAQ: BECN) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.68 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 7.14%"
Expectations are high for Builders FirstSource, Inc. (NASDAQ: BLDR) who will hold a conference call and webcast on Friday, March 1st, to discuss the company's fourth quarter 2018 financial results.
Headquartered in Dallas, Texas, Builders FirstSource is the largest US supplier of building products, prefabricated components and value-added services to the professional market segment for new residential construction and repair and remodeling. The company operates in 40 states with approximately 400 locations and has a market presence in 75 of the top 100 Metropolitan Statistical Areas.
Innovest Global Inc. (OTC:IVST), a conglomerate with operations in commercial and industrial products and services, biotechnology, construction and building materials, reported strong growth in its Construction & Building Materials Division, anchored by ANS, which closed four new members in January and February, adding an expected $5.2 million dollars in revenue for 2019.
These early gains support Innovest's guidance released last week of 20% organic growth to $50 million in gross company sales for 2019, and strongly reinforces Innovest's focus on adding value to the company.
The annual letter recaps the journey from a seven-employee company at the beginning that generated $58,000 in revenue, to ending 2018 on a $40 million annual revenue run-rate with a conglomerate of operating businesses spanning various industries and 75 employees.
Summit Materials, Inc. (NYSE: SUM), a leading vertically integrated construction materials company, recently announced its results for the fourth quarter and full year 2018.
Summit's net revenue increased 9.0% in the year ended December 29, 2018 as compared to 2017, primarily due to acquisitions, offset by decreases caused by less favorable weather conditions in 2018. Net income and Adjusted EBITDA for the full year 2018 were also lower than in 2017 due to the same factors that impacted the quarterly results.
Tom Hill, CEO of Summit Materials, stated "although we continued to face input cost headwinds in the fourth quarter, we were very pleased to see our organic average sales prices for aggregates increased by 6.5% in the fourth quarter as compared to a year ago. We have also announced our cement price increases for 2019 which will go into effect in the next few months. We continue to believe end market fundamentals remain intact for the construction industry, as well as cement specifically, going into 2019."
CanWel Building Materials Group Ltd. (TSX:CWX.TO) also released its third quarter 2018 financial results which showed increased revenues of 10.5% to $350.2 million when compared to $316.8 million in the same period in 2017. Sales increased largely due to the inclusion of the results from the Honsador Building Products Group Acquisition and the Company's continuing focus on its product mix strategies and target customer base.
As more companies like Innovest Global, Builders FirstSource and Beacon Roofing report financials supporting market expectations, investors can expect them to build on this success.
For investors following construction, homebuilder and real estate stocks, Investor Ideas has created a directory of publicly traded companies in the sector.
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Investorideas.com - Branding Becomes Essential as #CBD could Surpass the #Cannabis Market (NASDAQ: $TLRY) (CSE: $GGB.C) (OTCQB: $GGBXF) (TSXV: $FIRE.V) (OTCQX: $SPRWF) (TSXV: $KHRN.V) (OTCQB: $KHRNF)

Investorideas.com - Branding Becomes Essential as #CBD could Surpass the #Cannabis Market (NASDAQ: $TLRY) (CSE: $GGB.C) (OTCQB: $GGBXF) (TSXV: $FIRE.V) (OTCQX: $SPRWF) (TSXV: $KHRN.V) (OTCQB: $KHRNF)



Branding Becomes Essential as #CBD could Surpass the #Cannabis Market (NASDAQ: $TLRY) (CSE: $GGB.C) (OTCQB: $GGBXF) (TSXV: $FIRE.V) (OTCQX: $SPRWF) (TSXV: $KHRN.V) (OTCQB: $KHRNF)


Point Roberts, WA and Delta, BC - February 11, 2019 (Investorideas.com Newswire) Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot reporting on the CBD market As it grows, branding becomes essential to companies hoping to stand out.
According to Brightfield Group analysts, the CBD market is expected to hit $22 billion by 2022, overtaking the cannabis market with $20 billion by 2020. This is good news for most companies in the sector, but it also adds to market saturation, which means brand awareness may be the only way to stay ahead of the pack.
Tilray, Inc. (NASDAQ: TLRY) announced in January that they have signed a long-term revenue-sharing agreement with Authentic Brands Group to market and distribute a portfolio of consumer cannabis products within ABG's brand portfolio.
The parties will leverage ABG's portfolio of brands to develop, market and distribute consumer cannabis products around the world, as and where legal, with an immediate focus on opportunities, including CBD, in Canada and the US, subject to applicable and brand appropriate regulations.
Daniel W. Dienst, ABG Executive Vice Chairman said, "Tilray's unyielding focus on science, product quality, operational excellence and innovation has allowed them to quickly emerge as a leader in the cannabis industry. We see the extraordinary potential for cannabis in the fast-growing health and wellness category - particularly for CBD products in the United States and around the world - and are excited about this long-term partnership."
GGB Beauty LLC, a subsidiary of Green Growth Brands Inc. (CSE:GGB) (OTCQB:GGBXF) announced yesterday that it will also be working with Authentic Brands Group and the Greg Norman brand. The Agreement is to develop a line of CBD infused personal care products designed for active adult men and women. As part of this arrangement, the Company will be working with Tilray Inc. as the preferred supplier of the CBD ingredients to be used in these products.
This is the latest in a series of new developments related to GGB's pipeline of value-creating initiatives and strategic partnerships, including its recent distribution agreement with DSW Inc. Through its subsidiary GGB Beauty, GGB is well-positioned to maximize opportunities in the emerging CBD market following the recently adopted 2018 US Farm Bill.
Though not focused solely on CBD, The Supreme Cannabis Company, Inc. (TSXV: FIRE.V) (OTCQX: SPRWF) has made their brand through their wholly-owned subsidiary, 7ACRES.
In September 2018, 7ACRES entered into a supply agreement to provide dried cannabis to Tilray Canada Ltd., a subsidiary of Tilray Inc. (NASDAQ: TLRY), estimated to be in excess of C$2 million.
7ACRES was recognized as the 'Brand of the Year' at the 2018 Canadian Cannabis Awards presented by Lift & Co. The Canadian Cannabis Awards celebrates Canadian cannabis, distinguishing the people, companies, and products that make it great. 7ACRES was selected by a panel of industry professionals across a variety of sectors in the cannabis space. The award recognizes the enormous effort behind creating a brand, strategy, culture, image, and impact that resonates in the public consciousness.
"We are extremely honored to have been recognized as Brand of the Year by the Canadian Cannabis Awards. The Team at 7ACRES works incredibly hard and are very proud of the products and the culture we have cultivated since day one," said John Fowler, President & Founder of Supreme Cannabis. "Since our founding, our organization has been dedicated to ensuring the highest quality product and innovation, developing an industry-leading team, and incredible corporate culture."
With so much focus on the US and Canada, we can sometimes forget that cannabis is a global industry, a fact Khiron Life Sciences Corp. (TSXV: KHRN.V), (OTCQB: KHRNF) isn't ignoring. Khiron and Dixie Brands Inc. recently signed a binding letter of intent to establish a 50/50 joint venture to introduce a full line of cannabis-infused products to the Latin American market. Dixie will also manufacture and distribute Khiron's Kuida® brand of CBD-based cosmeceuticals in the United States, targeting the growing Hispanic population, estimated at almost 60 million.
By combining Dixie's market-ready portfolio of cannabis-infused products with Khiron's established footprint throughout Latin America, a 620 million person market, the companies aim to capture first-mover advantage and establish leadership in one of the world's fastest-growing cannabis markets. The agreement also creates a framework for the development of new products and brands tailored to Latin America, allowing Dixie and Khiron to take full advantage of opportunities resulting from cannabis legalization throughout the region.
Brand awareness will become essential for first market movers over the coming months as CBD continues to gain traction. By this time next year, companies like Green Growth Brands or Tilray could aim to have their brands become as familiar to consumers as Coca-Cola or Budweiser.
For investors following cannabis stocks, view our stock directory of publicly traded CSE, TSX, TSXV, OTC, NASDAQ, NYSE, ASX Marijuana/Hemp Stocks
About Investorideas.com
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, 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 Podcast and the AI Eye Podcast and column covering developments in AI.
Cannabis Social Media
Disclaimer/Disclosure: 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 investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. 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. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: this article featuring Green Growth Brands Inc is a paid for service on Investorideas.com – third party. Learn more about costs and our services https://www.investorideas.com/News-Upload/
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Investorideas.com Newswire - #Tech News: Gopher Protocol (OTCQB: $GOPH) Announces Positive Results Following Conducted Testing of its Mesh System in a Controlled Environment

Investorideas.com Newswire - #Tech News: Gopher Protocol (OTCQB: $GOPH) Announces Positive Results Following Conducted Testing of its Mesh System in a Controlled Environment



#Tech News: Gopher Protocol (OTCQB: $GOPH) Announces Positive Results Following Conducted Testing of its Mesh System in a Controlled Environment

Investorideas Featured Company: Gopher Protocol, Inc. (OTC:GOPH)


SAN DIEGO, CA - February 11, 2019 (Investorideas.com Newswire) Gopher Protocol Inc. (OTCQB: GOPH) ("Gopher"), a company specializing in the development of Internet of Things (IoT) and Artificial Intelligence enabled mobile technologies, including a global mesh network technology platform for both mobile and fixed solutions, announced today successful results from performing a conducted testing of its mesh network system in a controlled environment.
A conducted and controlled environment testing is a physical testing of the system's components, connected via wires. In addition, each node and gateway are physically isolated via metal enclosure in order to eliminate radio connection. Conducted testing is done prior to a complete system's radio validation in order to evaluate strength of electrical signals, communications and accurate data transfer.
"This type of testing is important to validate proper physical electrical signals and data accuracy between the entire system's components,” stated Danny Rittman, Ph.D., Chief Technology Officer of Gopher Protocol. “In this type of testing we are validating the firmware and hardware functionalities as a complete system. We are pleased with the results as they match the architecture design. The next stage is a field test where the system will be used in actual urban and rural areas. We are now in the process of developing a supporting mobile app in order to visually inspect the system's features including node hoping, area coverage, electrical and firmware data, and range. The mobile app will be an integral part of the system's Alpha and Beta versions."
About Gopher Protocol Inc.
Gopher Protocol Inc. (GOPH) ("Gopher") (http://gopherprotocol.com/) is a development-stage company which considers itself a native IoT creator, developing Internet of Things (IoT) and Artificial Intelligence (AI) enabled mobile technology platforms. Gopher has a portfolio of Intellectual Property that, when commercialized, will include smart microchips, mobile and security applications and protocols, and supporting cloud software. Gopher’s system envisions the creation of a global mesh network. The core of the system will be its advanced microchip technology that can be installed in any mobile or fixed device worldwide. Gopher envisions this system as a low-cost, secure, private mesh network between any enabled devices, providing shared processing, advanced mobile database management/sharing and enhanced mobile features as an alternative to traditional carrier services.
Forward-Looking Statements
Certain statements contained in this press release may constitute "forward-looking statements". Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website (http://www.sec.gov). In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, governmental and public policy changes, the Company’s ability to raise capital on acceptable terms, if at all, the Company’s successful development of its products and the integration into its existing products and the commercial acceptance of the Company’s products. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.
Contact:
Dr. Danny Rittman, CTO
Gopher Protocol Inc.
VM Only 888-685-7336
Media: press@gopherprotocol.com
SOURCE: Gopher Protocol Inc.

Gopher Protocol, Inc. (OTCQB:GOPH) is a featured tech stock on Investorideas.com

Get News Alerts on Gopher Protocol, Inc.

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 investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. 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. Disclosure: GOPH is a PR, social media and publishing client and compensates Investorideas.com: More disclaimer and disclosure  info: https://www.investorideas.com/About/Disclaimer.asp, https://www.investorideas.com/About/News/Clientspecifics.asp
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Friday, February 08, 2019

Investorideas.com - Investor Ideas Potcasts #Cannabis News and Stocks on the Move: (TSX: $APHA.TO) (NYSE: $APHA), (TSX:$TGOD.TO) (OTC: $TGODF), (CSE: $TCAN.C), (CSE: $POT.C) (TSX: $NDVA.TO) (OTC: $NDVAF)

Investorideas.com - Investor Ideas Potcasts #Cannabis News and Stocks on the Move: (TSX: $APHA.TO) (NYSE: $APHA), (TSX:$TGOD.TO) (OTC: $TGODF), (CSE: $TCAN.C), (CSE: $POT.C) (TSX: $NDVA.TO) (OTC: $NDVAF)



Investor Ideas Potcasts #Cannabis News and Stocks on the Move: (TSX: $APHA.TO) (NYSE: $APHA), (TSX:$TGOD.TO) (OTC: $TGODF), (CSE: $TCAN.C), (CSE: $POT.C) (TSX: $NDVA.TO) (OTC: $NDVAF)


Delta, Kelowna, BC - February 8, 2019 (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 edition of Investorideas.com potcastsCM - cannabis news and stocks to watch plus insight from thought leaders and experts.
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Investor Ideas Potcasts #Cannabis News and Stocks on the Move: (TSX: $APHA.TO) (NYSE: $APHA), (TSX:$TGOD.TO) (OTC: $TGODF), (CSE: $TCAN.C), (CSE: $POT.C) (TSX: $NDVA.TO) (OTC: $NDVAF)

Hear Investor ideas cannabis potcast on iTunes

Today's podcast overview/transcript:
Good afternoon and welcome to another Investorideas.com "potcast", looking at cannabis news, stocks to watch as well as insights from thought leaders and experts.
Today we are looking at announcements from Aphria Inc. (TSX: APHA) (NYSE: APHA), The Green Organic Dutchman Holdings Ltd. (TSX:TGOD) (OTC:TGODF), TransCanna Holdings Inc. (CSE: TCAN), Weekend Unlimited (CSE: POT) and Indiva Limited (TSX:NDVA) (OTC:NDVAF).
Aphria Inc. announced the appointment of Brett D. Marchand as Senior Vice President of Supply Chain effective February 11, 2019. Previously, Mr. Marchand was Vice President of Supply Chain and Logistics Canada at The Northwest Company where he was responsible for overseeing a supply network that supported 140 remote access retail grocery and general merchandise stores across Canada's North.
"I am pleased to welcome Brett, a distinguished veteran and highly accomplished leader, into the Aphria family," said Jakob Ripshtein, President of Aphria. "Brett's tenure in similar roles across a broad scale of growth-focused companies has led to an impressive record of optimizing corporate operational strategies and maximizing profitability. With the addition of leaders like Brett, Aphria continues to build bench strength that will propel the Company's growth as the cannabis industry evolves."
The Green Organic Dutchman Holdings Ltd. announced that it has secured a cannabis supply agreement with the Ontario Cannabis Retail Corporation.
"Ontario has the largest population in Canada and is a critical component to TGOD's national recreational rollout," commented Brian Athaide, Director and CEO. "This represents the first of many provincial supply agreements planned for our premium organic product as our domestic facilities near completion and production increases throughout 2019."
TGOD is the largest licensed producer of 100% certified organic cannabis in Canada. TGOD cannabis is certified by ECOCERT, one of the pre-eminent organic certification bodies in the world. Organic cannabis is grown in living soil without the use of synthetic fertilizers, pesticides or herbicides. The result is a cleaner, premium product for Canadian consumers across both medical and recreational uses.
TransCanna Holdings Inc. announced that subject to completing of the acquisition of Goodfellas Group, LLC, the company will, in addition to the branding and marketing business of Goodfellas, acquire its existing in-house brand "Simple". Simple has created as a user friendly, smart cannabis package called the Simple Kit. The Simple Kit was developed by the Goodfellas team to assist first time cannabis consumers to experience cannabis in a positive way. The Simple Kit comes with a user-friendly box as its packaging which, when opened, can be transformed into a tray. Within the box comes a child proof container/grinder, that is also waterproof and airtight, a portion of cannabis, filter tips, a cannabis scoping device and rolling papers. The Simple Kit began its preliminary introduction to dispensaries in the last quarter of 2018. As a result of the positive feedback from consumers and dispensaries during the early stage roll out, Goodfellas expects to start offering The Simple Kit to all dispensaries in California upon the completion of the sale to TransCanna.
"The Goodfellas team reversed engineered the cannabis experience and brought it back to the beginning. Our driving question within the company was how can we help and assist a consumer, who hasn't had cannabis in 30 or 40 years, begin to enjoy cannabis again. Whether it's for medicinal or recreational purposes, we believe the Simple Kit is an ideal product to help anyone start enjoying cannabis," states Nam Tran, Managing Member of GoodFellas.
Indiva Limited also announced its first supply agreement with the Ontario Cannabis Retail Corporation ("OCRC"), doing business as the Ontario Cannabis Store ("OCS").
This initial partnership will consist of two strains of pre-rolls, manufactured and shipped with care from Indiva's London, Ontario facility. The products will be available on OCS.ca and to OCS Wholesale clients starting in April 2019.
"We are thrilled to be one of the first licensed producers that will have products on OCS shelves in time for the grand opening of all Ontario stores April 1st," said Niel Marotta, President and CEO of Indiva. "I'm very thankful for our team's hard work in getting Indiva to this milestone."
Weekend Unlimited, a cannabis lifestyle company, is now the lucky owner of the most sought after symbol in the cannabis sector. For years, the ticker symbol "POT" was the property of Saskatchewan-based PotashCorp, but after PotashCorp merged with Agrium last year, the symbol became available at the end of a one-year period. Due to unprecedented demand by cannabis companies to use the ticker symbol POT, a consortium of Canadian stock exchanges decided to award the symbol via a lottery.
Effective February 4th, Weekend Unlimited will be retiring its old symbol "YOLO" and will begin trading as "POT" on the Canadian Securities Exchange.
Paul Chu, President and CEO of Weekend Unlimited, stated: "Weekend Unlimited is thrilled to add the iconic POT trading symbol to its identity. As a fast-growing multi-state operator, Weekend Unlimited is developing lifestyle brands around recreational and wellness to help define the future of the cannabis industry. The POT symbol is a tremendous fit with our brand identity. There has been tremendous excitement generated globally for the POT symbol. The POT lottery served to raise the profile of Canada's leadership in legal recreational cannabis and we believe it will also serve to raise Weekend Unlimited's leadership profile."
Weekend Unlimited is capitalizing on its vast industry relationships to establish a lifestyle brand featuring premium products and delivering life's highest moments. The company aggregates and scales small to medium brands, primarily in the categories of flower, extracts and edibles and has acquired and announced the intent to acquire brands in Jamaica, California, Washington State, Alberta and British Columbia.
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Get the cannabis/hemp stock directory as an Investor ideas member , plus get weekly updates with new pot stocks added and get the daily potcast for Investor Ideas #Potcasts #Cannabis News and Stocks on the Move. Learn more https://www.investorideas.com/membership/

About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, 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 Podcast and the AI Eye Podcast and column covering developments in AI.
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 investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. 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.
Learn more about Investor ideas podcast and news publication services and costs https://www.investorideas.com/News-Upload/
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
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Investorideas.com Newswire - The #AIEye: IBM ( $IBM) to Invest $2 Billion in NY State Including #AI Hardware Center, Pegasystems ( $PEGI) Acquires Infruid Labs and Veritone ( $VERI) Launches Objectbox Detection and Tracking Solution

Investorideas.com Newswire - The #AIEye: IBM ( $IBM) to Invest $2 Billion in NY State Including #AI Hardware Center, Pegasystems ( $PEGI) Acquires Infruid Labs and Veritone ( $VERI) Launches Objectbox Detection and Tracking Solution



The #AIEye: IBM ( $IBM) to Invest $2 Billion in NY State Including #AI Hardware Center, Pegasystems ( $PEGI) Acquires Infruid Labs and Veritone ( $VERI) Launches Objectbox Detection and Tracking Solution

Global Autonomous Farm Equipment Market to Grow By $62.27 Billion From 2019-2023


Point Roberts, WA and Vancouver, BC - February 8, 2019 (Investorideas.com Newswire) 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:

The #AIEye: IBM ( $IBM) to Invest $2 Billion in NY State Including #AI Hardware Center, Pegasystems ( $PEGI) Acquires Infruid Labs and Veritone ( $VERI) Launches Objectbox Detection and Tracking Solution

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

Global Autonomous Farm Equipment Market to Grow By $62.27 Billion From 2019-2023

Research from Technavio finds that the market for Global Autonomous Farm Equipment will grow by $62.67 billion USD from 2019-2023 at a compound annual growth rate (CAGR) of nearly 15 percent. An excerpt from the report summary reads:
Lack of labor and low yields have driven the need for autonomous farm technology as it requires minimal human intervention. As a result, there is an increased government expenditure towards the development of autonomous agricultural technology. Governments of several countries are increasingly funding and providing grants for autonomous farm technology projects. With the increasing government support for developing autonomous farm technology, the autonomous farm equipment market will witness considerable growth during the forecast period.
The use of artificial intelligence (AI) in autonomous equipment will be one of key autonomous farm equipment market trends that will gain traction in the coming years. AI is being used in autonomous farm equipment to assist in the machine vision of the equipment that helps in detecting objects during operation. Images or videos captured by cameras on vehicles are processed using AI algorithms for better decisions. The adoption of AI will play a significant role in the growth of the autonomous farm equipment market.

IBM to Invest $2 Billion in NY State Including “AI Hardware Center”, Pegasystems Acquires Infruid Labs and Veritone Launches Objectbox Detection and Tracking Solution

Stocks discussed: (NYSE:IBM) (NasdaqGS:PEGA) (NasdaqCM:VERI)

New York governor Andrew Cuomo has announced that IBM (NYSE:IBM) will invest $2 billion in the SUNY Polytechnic campus in Albany to "grow its high-tech footprint". Part of this investment will include the establishment of an Artificial Intelligence Hardware Center for AI-focused computer chip research, development, prototyping, testing and simulation. Mukesh Khare, Vice President, Semiconductor and AI Hardware, IBM Research said:
"AI will transform the world in dramatic ways in the coming years. IBM is pushing the boundaries of AI faster - for the benefit of industry and society. By expanding our partnership with New York State, we are creating a global hub of AI hardware research with an ecosystem to innovate, incubate, and lead in the development of disruptive technologies."
Pegasystems, Inc. (NasdaqGS:PEGA) has acquired business analytics and data visualization software company Infruid Labs. According to the press release, "by integrating Infruid Labs' advanced interactive visualization capabilities with its leading AI-powered customer engagement and digital process automation (DPA) solutions, Pega[systems] will provide clients with a holistic, streamlined way to visually interpret their data. This will enable users to uncover hidden patterns to make better business decisions. Mahesh Yellai, Infruid founder and now senior director of data & analytics at Pegasystems commented:
"Pega continues to be at the forefront of innovation in AI, decisioning, and analytics, and I am thrilled that Infruid's advanced business intelligence and visualization capabilities will be an integral part of Pega's digital transformation solutions. We're excited to bring our technology to Pega to help clients be leaders in customer engagement and operational excellence."
Veritone, Inc. (NasdaqCM:VERI) has launched the newest cognitive engine in the Veritone Machine Box suite, the AI-based object detection and tracking solution Objectbox. According to the press release, Objectbox "allows developers to train detectors with their own content containing the desired objects to be detected, then deploy the resulting customized cognitive engine within aiWARE". Chad Steelberg, Veritone Co-Founder and CEO commented:
"At Veritone, we are democratizing AI and believe that it will play an increasingly larger role in helping to solve some of our world's most complicated challenges. Our unique AI operating system, aiWARE, together with the hundreds of powerful cognitive engines like Objectbox, and the growing list of applications on the platform, provides a configurable AI infrastructure that is steadily changing how people and organizations understand and extract valuable insights from their ever-growing volumes of data."
Sam Mowers, Investorideas.com

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Investorideas.com - #CryptoCorner: Green Market Going Into Weekend, SEC Commissioner Says Bitcoin ETF Will "Eventually" Be Approved, Credit Suisse and Banco Best Execute End-to-End Fund Transaction on Blockchain and Bithumb Launches OTC Platform ORTUS

Investorideas.com - #CryptoCorner: Green Market Going Into Weekend, SEC Commissioner Says Bitcoin ETF Will "Eventually" Be Approved, Credit Suisse and Banco Best Execute End-to-End Fund Transaction on Blockchain and Bithumb Launches OTC Platform ORTUS



#CryptoCorner: Green Market Going Into Weekend, SEC Commissioner Says Bitcoin ETF Will "Eventually" Be Approved, Credit Suisse and Banco Best Execute End-to-End Fund Transaction on Blockchain and Bithumb Launches OTC Platform ORTUS

(Friday, February 8th) #CryptoCorner and Podcast sponsored by Crypto payment tech, #Flip @FlipToPay ($NXTD) and Genesis Exchange and Wallet App @GenesisBlockch


Point Roberts, WA and Delta, BC - February 8, 2019 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news, in partnership with Fit Pay, Inc.'s (subsidiary of NXT-ID (NASDAQ: NXTD) crypto payment tech, Flip and the Genesis Exchange and Wallet App bring you today's edition of the Crypto Corner podcast and commentary on what's driving the cryptocurrency market.
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#CryptoCorner: Green Market Going Into Weekend, SEC Commissioner Says Bitcoin ETF Will "Eventually" Be Approved

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Green Market Going Into Weekend, SEC Commissioner Says Bitcoin ETF Will "Eventually" Be Approved, Credit Suisse and Banco Best Execute End-to-End Fund Transaction on Blockchain and Bithumb Launches OTC Platform ORTUS

Stocks discussed: (NYSE:CS)

As we prepare to enter another weekend the crypto market has turned green as coins show an impressive recovery. CoinMarketCap indicates that total capitalization is sitting at $116 billion at press time, up about $5 billion since yesterday. The top three coins listed by market cap remain Bitcoin (BTC), XRP and Ether (ETH) which have grown 2.7 percent, 3.3 percent and 6.7 percent in the last 24 hours, respectively. Surprisingly they are trailed by Litecoin (LTC) which has posted an astonishing 18 percent growth over the last day.
In an interview with Roll Call, SEC Commissioner Robert J. Jackson Jr. expressed confidence that a bitcoin exchange traded fund (ETF) would be given the green light by agency at some point.
"Eventually, do I think someone will satisfy the standards that we've laid out there? I hope so, yes, and I think so."
Jackson affirmed that proposals have gotten better at mitigating risks to investors, but referring to the SEC's deliberation and rejection of the Winklevoss brothers' bitcoin ETF in July, Jackson admitted that it wasn't a hard choice as the proposal was too risky for investors.
"I'm happy to say market participants have begun to come in with ideas. Whether or not we're going to find one that really protects investors I don't know, but I do know that that case wasn't especially close."
According to a press release yesterday, investment bank Credit Suisse (NYSE:CS) and Portugal's Banco Best have successfully completed a live end-to-end fund transaction using blockchain-based decentralized platform FundsDLT. The piece states that the FundsDLT transaction was "more efficient, scalable, and timely in processing" than previous models of cross-border transactions. Carlos Almeida, Director of Investments, Banco Best commented:
"This proof of concept is a great achievement and reinforces Banco Best's commitment to be ahead of the curve. We want to be involved in blockchain technology to work together with all stakeholders in order to adapt and seize new opportunities in our business model, with the ambition to improve the customer experience and to promote financial inclusion."
South Korea's Bithumb, one of the country's largest crypto exchanges, has officially launched ORTUS, the company's global over-the-counter (OTC) platform. The press release lists the following services available to clients from ORTUS once they have received approval:
  • Monitored fund transfers from insured, custodian wallet and a US-based bank account
  • Competitive pricing from the world's largest OTC desks and liquidity providers.
  • Responsive, attentive support from a global team of Business Development Managers (BDM), from onboarding to trade execution and settlement
  • Global offices in Asia, Europe, America and Australia
  • Support from BDMs whose backgrounds range from legal, asset management, investment banking, FX and OTC trading desks
Sam Mowers, Investorideas
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Investorideas.com - NXT-ID Inc. (NASDAQ: NXTD) Subsidiary Fit Pay Flip<sup>TM</sup>
Flip™ is the creation of Fit Pay, Inc., a leading provider of cutting edge payment technology and a subsidiary of NXT-ID (<NASDAQ: NXTD). By leveraging the FitPay Payment Platform™, Flip enables cryptocurrency holders to seamlessly exchange their cryptocurrency for US dollars and store that value on a contactless payment device that can be used to make purchases at millions of retail locations. https://www.fliptopay.com/


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GBT is a powerful cryptocurrency centralized / decentralized exchange which will include a broad range of services and benefits from cryptocurrency and blockchain markets development, while avoiding complications and risks arising from crytocurrency ownership, transfer, and exchange. You can Download the Genesis Exchange and Wallet App at Google Play and on the Apple App Store. Learn more at http://www.mygenesis.io

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Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts, articles, podcasts and videos talking about cannabis, crypto, technology including AI and IoT, mining ,sports biotech, water, renewable energy and more. Investorideas.com original branded content includes the daily Crypto Corner and Podcast, 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 Podcast and the AI Eye Podcast and column covering developments in AI. 
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