Friday, August 12, 2022

#CryptoCorner #Podcast 873: #Stocks discussed: (NasdaqGS: $COIN) (NasdaqGS: $HUT) (NYSE: $BKKT)

 



 

 

#CryptoCorner #Podcast 873: #Stocks discussed: (NasdaqGS: $COIN) (NasdaqGS: $HUT) (NYSE: $BKKT)

 

Coinbase Publishes Shareholder Letter, Hut 8 and Bakkt Announced Q2 Updates

 

Vancouver, Kelowna, Delta, BC August 12, 2022 -  Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving cryptocurrency stocks and the crypto market.

 

The Investor ideas Crypto Corner was named one of 14 Best Crypto & Blockchain Podcasts for Jun 2022: https://www.yoreoyster.com/blog/best-crypto-podcasts/

 

Listen to today’s Crypto Corner Podcast:  

https://www.investorideas.com/Audio/Podcasts/2022/081222-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2022/crypto-corner/08121COIN-HUT-BKKT.asp

 

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Stocks discussed: (NasdaqGS:COIN) (NasdaqGS:HUT) (NYSE:BKKT)

 

Coinbase (NasdaqGS:COIN) has published its second quarter 2022 shareholder letter. As compared to Q2 2020, the company’s Monthly Transacting Users have grown from 1.5 million to 9 million, its Total quarterly Trading Volume from $28 billion to $217 billion, and its Assets on Platform increased from $26 billion to $96 billion. An excerpt reads:

 

Down markets are not as bad as they may seem. Yes, it can feel scary and near-term financials can be heavily impacted. That’s why we have worked hard to build a strong balance sheet to weather the storms. We began investing in less volatile revenues during the last crypto down market and are pleased to see the continued growth of our Subscription and services revenues. Down markets are builder’s markets, where many casual competitors step back. At Coinbase, we are optimists and are focused on building great products and services for our users. We are incredibly proud of the speed of product deployment and the recent feedback we have been receiving from our customers. We have conviction that if we continue to focus on building the right products and services, we will emerge stronger than before.

 

Hut 8 Mining Corp. (NasdaqGS:HUT) has announced its financial results for the quarter ended June 30, 2022. Highlights include a revenue of $43.8 million, the mining of 946 Bitcoin (BTC), and the installation of 7,199 new MicroBT M30S, M30S+, and M31S+ miners at the company’s  Drumheller, Alberta, Medicine Hat, Alberta, and North Bay, Ontario facilities. Jaime Leverton, CEO of Hut 8, said:

 

"We have been anticipating market volatility for nearly a year and took proactive measures to successfully navigate the current downturn through the balance of the cycle. Our continued growth in digital asset mining operations and in our Bitcoin reserves, coupled with our first full quarter generating uncorrelated fiat revenue in our high performance computing business, has positioned us well to drive future success."

 

Bakkt Holdings Inc. (NYSE:BKKT) has announced its financial and operational results for the second quarter ended June 30, 2022. Highlights include a net revenue of $13.6 million, the continued signing up of new banks for crypto capabilities, and a strategic alliance with Visa to provide solutions to the latter’s “extensive network.” Gavin Michael, Bakkt’s President and CEO, said:

 

"We are proud of our second quarter performance where we delivered robust revenue growth, with 2Q net revenues up 60% year-over-year, and maintained a strong balance sheet, with over $315 million in available cash and other highly liquid assets. Our strong platform and compliance-first approach enable us to withstand challenging markets and continue to execute against our roadmap, working closely with our partners to fully integrate our capabilities and help bring them to market."

 

Sam Mowers, Investorideas

 

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

 

About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors.  Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.

 

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Get more Bitcoin and Blockchain Investor ideas  – news, articles, podcasts and stock directories

 

New #Stocks and #TradingIdeas for #Mining, #Cannabis, #Food, #Biotech and #Homebuilder (CSE: $FLM.C) (CSE: $OMND.C) (CSE: $TWOH.C) (NasdaqCM: $VRAX) (NasdaqCM: $ILAG)

New #Stocks and #TradingIdeas for #Mining, #Cannabis, #Food, #Biotech and #Homebuilder (CSE: $FLM.C) (CSE: $OMND.C) (CSE: $TWOH.C) (NasdaqCM: $VRAX) (NasdaqCM: $ILAG)

 



 

 

Vancouver, Kelowna, Delta, BC, August 12, 2022 – (Investorideas.com Newswire) Investorideas.com, a global news source and expert investing resource, announces its weekly roundup of stocks to watch in Mining, Cannabis, Food, Biotech and Homebuilder. Today’s stocks have been added to our lists of free stock directories in each sector.

 

Read this in full at https://www.investorideas.com/news/2022/main/08121Stocks.asp

 

The newest mining companies are all CSE listed and include a lithium producer, an antimony exploration company and a copper/base metal mining company with operations in New Brunswick.

 

The latest cannabis company is also involved in ketamine and other psychedelic treatments, while the newest food company operates grocery businesses.

 

The latest biotech company and the newest homebuilder company are both recent Nasdaq IPOs.

 

New Stocks added to the Mining Stocks List:

First Lithium Minerals Corp. (CSE:FLM) is a Canadian, Chile-focused mineral exploration and development company. The company holds a 100% interest in approximately 8,900 ha of mineral exploration concessions located in the salars of Ollague, Carcote, and Ascotan in the Antofagasta Region of Chile.

 

Molten Metals Corp. (CSE:MOLT) is a mining company exploring for and developing antimony projects.  Antimony is a critical element and is used for many industrial uses including liquid metal batteries.

 

Canadian Copper Inc. (CSE:CCI) is a Canadian-based mineral exploration company with a copper and base metals portfolio of historical resources and grassroots projects. The Company is focused on the prolific Bathurst Mining Camp (BMC) of New Brunswick, Canada.

 

New Stocks added to the Cannabis Stocks List:

Optimind Pharma Corp. (CSE:OMND) specializes in prescribing medical cannabis and other alternative treatments for various medical ailments. The Issuer prides itself on providing quality education and health care to patients. The Issuer is also an emerging provider of psychedelic therapies at its clinic, helping people suffering from PTSD, anxiety, depression, and other mental illnesses and disabilities by providing ketamine assisted treatment and other psychedelic enhanced psychotherapy modalities.

 

New Stocks added to the Food Stocks List:

Two Hands Corporation (CSE:TWOH) is focused exclusively on the grocery market through three on-demand branches of its grocery businesses: gocart.city, Grocery Originals, and Cuore Food Services. All three of such branches of the Issuer’s business share industry standard warehouse storage space and inventory. The Issuer’s inventory is updated continuously and generally consists of produce, meats, pantry items, bakery & pastry goods, gluten free goods, and organic items, acquired from various different suppliers in Canada and internationally, with whom the Issuer and its principals have cultivated long-term relationships.

 

New Stocks added to the Biotech Stocks List:

Virax Biolabs Group Ltd (NasdaqCM:VRAX) Founded in 2013, Virax Biolabs Group Limited is an innovative biotechnology group focused on the detection and diagnosis of viral diseases, with a particular interest in the field of immunology. Virax Biolabs Group Limited is currently developing a proprietary T-Cell Test technology with the intention of providing an immunology profiling platform that assesses each individual’s immune risk profile against major global viral threats. T-Cell testing is particularly effective in the diagnosis and therapeutics of COVID-19 as well as other threats including Hepatitis B, Malaria, Herpes and Human Papillomavirus.

 

New Stocks added to the Homebuilder Stocks List:

Intelligent Living Application Group Inc. (NasdaqCM:ILAG) is a premium lockset manufacturer in Hong Kong. Intelligent Living manufactures and sells high quality mechanical locksets to customers mainly in the United States and Canada and has continued to diversify and refine its product offerings in the past 40 years to meet its customers’ needs. Intelligent Living has obtained the ISO9001 quality assurance certificate and various accredited quality and safety certificates including American National Standards Institute (ANSI) Grade 2 and Grade 3 standards that are developed by the Builders Hardware Manufacturing Association (BHMA) for ANSI. Intelligent Living keeps investing in self-designed automated product lines, new craftsmanship and developing new products including smart locks.

 

The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.

 

About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors.  Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.

 

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#RenewableEnergy is Here to Stay- #Stocks to Watch (OTCQB: $SING) (NASDAQ: $SEDG) (NASDAQ: $SPWR) (NASDAQ: $PLUG) @_Singlepoint_ @SolarEdgePV @SunPower @PlugPowerInc

#RenewableEnergy is Here to Stay- #Stocks to Watch (OTCQB: $SING) (NASDAQ: $SEDG) (NASDAQ: $SPWR) (NASDAQ: $PLUG) @_Singlepoint_ @SolarEdgePV @SunPower @PlugPowerInc

   

Inflation Reduction Act Provides Economic Support and Growth for the Sector

 

Vancouver, Kelowna, Delta, BC, August 12, 2022, Investorideas.com, a leading investor news resource covering solar and clean energy stocks, released today a special report, featuring solar energy company, SinglePoint, Inc. (OTCQB: SING), on the growth of acquisitions and improved investor sentiment for the renewable energy sector following the news surrounding the Inflation Reduction Act.

 

Read this article, featuring SING in full at https://www.investorideas.com/news/2022/renewable-energy/08121Stocks-To-Watch.asp

 

In recent news, “The US Senate has just approved a bill which includes America’s most significant investment in climate action. Alongside healthcare commitments, the Inflation Reduction Act allocates $369 billion to renewable energy and reducing greenhouse gas emissions. Experts at several analysis firms have estimated that it could cut emissions in the US by around 40 per cent by 2030.”

 

President Joe Biden called the legislation the “largest investment ever in combating the existential crisis of climate change,” praising it for “making the wealthiest corporations finally pay their fair share”. It could bring the country close to Biden’s goal of cutting emissions in half by the end of the decade.

 

Investors saw several companies that released their Q2 financials pre-climate bill reap the benefits of an emboldened investor attitude towards green energy stocks.

 

SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, recently announced its financial results for the second quarter ended June 30, 2022 on August 2nd.

 

"The growing demand for energy in general and clean energy in particular continued to drive top line growth this quarter resulting in record revenues in Europe and the United States," said Zvi Lando, Chief Executive Officer of SolarEdge. "While we continue to face growing supply chain challenges, some related to our rapid growth in an environment of component shortages, and macro-economic trends as a result of our global footprint, we continue to support our customers while building the infrastructure for sustainable growth."

 

SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services provider, released their financial results as well for the second quarter, ending July 3, 2022.

 

"There is a ubiquitous need for reliable electricity at an affordable price that isn't being met with our traditional energy sources," said Peter Faricy, SunPower CEO. "With our strategic growth plan, investment in world-class customer experience and robust pipeline, SunPower is well positioned to capture the strong resulting demand for solar and storage. This quarter we added a record number of customers, including an all-time high for new homes installs, and accumulated a backlog that we expect to set us up for high growth in the second half of the year."

 

SunPower Corporation’s earnings beat estimates as it increased 4.9% since its earnings release on Aug 2, 2022. The company reported second-quarter 2022 adjusted earnings of 3 cents per share. The bottom line marked a deterioration from the year-ago quarter’s earnings of 7 cents per share.

 

The Zacks Consensus Estimate for second-quarter earnings was a penny. Excluding one-time adjustments, the company reported a GAAP loss of 24 cents per share against the prior-year quarter’s earnings of 46 cents per share.

 

SinglePoint, Inc. (OTCQB: SING), an acquisition-focused solar energy and sustainable solutions provider, recently announced the acquisition of Frontline Power Solutions, a Multi-State Licensed Energy Services Company (ESCO).

 

Frontline Power Solutions (FPS) is a comprehensive energy service Company with the ability to operate in deregulated markets across the country. Frontline Power is licensed in nine (9) states and has applied for and is awaiting final approval in twelve (12) additional states. Frontline provides Energy Supply Agreements to all sizes of commercial, industrial, and institutional properties. In addition to supplying direct agreements, FPS also lends its expertise to its clients to help reduce energy consumption, streamline energy portfolios, and offer other options to lower energy costs.

 

The strategic acquisition provides SinglePoint with access to an extensive portfolio of clients while giving those FPS clients reciprocal access to one of the nation's leading solar power solutions companies and best-in-class customer service.

 

Wil Ralston, CEO of SinglePoint said, "Frontline Power Solutions is a great addition to SinglePoint. Frontline will round out our service offerings by providing tremendous opportunities in the deregulated energy markets. Through Energy Service Agreements or assistance with installing a client's solar system, SinglePoint can now assist thousands of commercial clients in their solar transition."

 

John Holmes, Founder & CEO of FPS said, "Our focus has been supplying commercial energy contracts to large and small commercial, industrial, institutional, and property management firms. We facilitate substantial reductions in energy consumption and spending while streamlining logistical management of their energy portfolios. By joining SinglePoint, our two companies benefit from economies of scale and monetizing opportunities more efficiently and quickly."

 

The FPS purchase is just the latest in SinglePoint's acquisition strategy, bringing a growing collection of solar providers and energy solutions under one corporate umbrella. SinglePoint has acquired six (6) subsidiaries, including EnergyWyze, BOX Pure Air, Direct Solar America, Ecodaptive, Boston Solar, and Frontline Power Solutions.

 

There are currently 26 US states that offer deregulated power options which are expected to reach $9 Billion in annual industry revenues.

 

This follows the company’s earlier announcement that its subsidiary, The Boston Solar Company LLC, expects to see substantial increases in residential solar energy projects due to the Inflation Reduction Act which passed on Sunday, August 7, 2022. The climate change and tax package passed by the Senate on Sunday will provide $370 billion in funding for clean energy, including extending and increasing lucrative tax credits for solar energy, enabling residential homeowners to claim up to 30% of the value of a solar project as a tax credit.

 

The legislation provides a 30% tax credit for installing residential solar panels until December 31, 2034. The tax credit would decline to 26% for solar panels put into service after December 31, 2032, and before January1, 2034. Additionally, homeowners installing solar battery systems with at least three kilowatt-hours of capacity qualify for the tax credit. The 30% credit will be retroactive to anyone who installed their system from the beginning of 2022. The tax credit also applies to energy storage, whether it is co-located or installed as standalone energy storage. This enables consumers to retrofit an array of batteries with a wide range of solar infrastructure, significantly increasing immediate revenue opportunities for SinglePoint through its majority-owned subsidiary, Boston Solar.

 

Wil Ralston, CEO of SinglePoint said. "SinglePoint is capable of exponentially increasing revenue due to this legislation passing. We will benefit from the largest clean energy act passed in the US in ways we haven't even thought of yet. Tax credits for solar projects have always been crucial in a property owner's decision to install solar panels."

 

Ralston continued, "In addition to the increase in demand and EV subsidies, the extension of tax credits provides additional benefits for the buyer and increases the potential market for solar energy projects because it increases affordability. Without question, this is huge for green living everywhere."

 

Corey Lambrecht, President and Chief Financial Officer of SinglePoint remarked, "With federal government support in the form of tax credits for solar energy projects and direct federal funding of air purification projects in schools, SinglePoint is poised to benefit from more contracts going forward."

 

Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, announced its 2022 second quarter results with the quarterly shareholder letter posted at https://www.ir.plugpower.com/Q222Plug.

 

In a recent article from MarketWatch “shares of Plug Power Inc. pulled a U-turn to trade sharply higher Wednesday, as investors and analysts appeared to embrace the hydrogen and fuel cell company’s glowing praise of the Inflation Reduction Act (IRA), over the company’s disappointing second-quarter results.”

 

Plug Chief Executive Andrew Marsh said on a post-earnings conference call with analysts that the IRA provides a “trifecta effect,” as it’s good for the climate, for jobs and for national security. And it’s great for the company.

“With the passage of the Act, we expect a boom for our electrolyzer and green hydrogen business,” Marsh said, according to a FactSet transcript. “All applications that use gray hydrogen [produced from fossil fuels] today, such as fertilizer manufacturing, will now be able to buy green hydrogen at a competitive price with gray.”

The Inflation Reduction Act is expected to pass through the House in short order which we can expect will embolden investors as well the companies themselves, in regards to growth and acquisitions, even as the economy maintains a recession. While there has been a dark shadow cast on the stock market over the past seven months we are starting to see a ray of sunshine for solar, wind and renewable energies. 

About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors.  Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.

 

 

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:  This article featuring SING is paid for content by SinglePoint, Inc  (two thousand) More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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Thursday, August 11, 2022

#AIEye #Podcast 716: #Stocks discussed: (NYSE: $ORCL) (NasdaqGS: $NVDA) (OTC: $AITX) #artificialintelligence



 

 

#AIEye #Podcast 716: #Stocks discussed: (NYSE: $ORCL) (NasdaqGS:  $NVDA) (OTC: $AITX) #artificialintelligence

 

Adept Uses Tech from Oracle and NVIDIA for “Powerful AI Teammate,” and Robotic Assistance Devices Deploys School Firearm Detection System

 

Global Market for #AI in #Marketing to Reach $47.8B by 2030

 

Vancouver, Kelowna, Delta, BC – August 11, 2022  – 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/2022/081122-AI-Eye.mp3

 

Read this in full at https://www.investorideas.com/news/2022/artificial-intelligence/08111ORCL-NVDA-AITX.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: (NYSE:ORCL) (NasdaqGS:NVDA) (OTC:AITX)

 

Machine learning research and product lab Adept is leveraging Oracle Cloud Infrastructure (OCI) – from Oracle Corporation (NYSE:ORCL) – and technology from NVIDIA (NasdaqGS:NVDA), to “develop a universal AI teammate capable of performing a range of tasks people execute on their computer or on the internet.” According to the press release, Adept “can train large-scale AI and ML models faster and more economically,” allowing it to “rapidly advance its general intelligence roadmap and develop its first product – a rich language interface for the tools knowledge workers use every day to be productive and creative.” David Luan, Adept’s CEO, explained:

 

"AI continues to rapidly grow in scope but until now, AI models could only read and write text and images; they couldn't actually execute actions such as designing 3D parts or fetching and analyzing data. With the scalability and computing power of OCI and NVIDIA technology, we are training a neural network to use every software application, website, and API in existence – building on the capabilities that software makers have already created. The universal AI teammate gives employees an 'extra set of hands' to create as fast as they think and reduce time spent on manual tasks. This in turn will help their organizations become more productive, and nimble in their decision making."

 

Robotic Assistance Devices, Inc. (RAD), a wholly-owned subsidiary of Artificial Intelligence Technology Solutions Inc. (OTC:AITX), has “received a Letter of Intent (LOI) with an east coast parochial school to deploy 2 ROSA security robots with firearm detection technology.” Alongside this, RAD is “announcing the integration of its RADSoC with its full suite of AI analytics with existing networks of security cameras.” Steve Reinharz, CEO of AITX and RAD, said:

 

“We feel that this is the right time, and this is the right application, where we can throw open the doors to the RAD ecosystem and invite other security camera networks to take advantage of RAD’s incredible AI software suite.”

 

Global Market for AI in Marketing to Reach $47.8B by 2030

 

A report published by Market Research Future finds that the global market for AI in Marketing is projected to reach a value of $47.8 billion USD by 2030, registering a compound annual growth rate (CAGR) of 28.6 percent in the forecast period 2021-30. An excerpt from the report’s description outlines the influence of the COVID-19 pandemic on the market:

 

Digitization was a trend for most of the production, manufacturing, and other functional units of various companies, industries, enterprises, and corporations. The positive cases of the novel coronavirus worldwide have added to the implementation of digital software and solutions to enhance productivity and enhance the ability of the market to meet and develop the global supply chain system and management. The need for survival amongst the global competition is pushing the market for the implementation of artificial intelligence in departments like marketing and promotion. The companies are facing major issues due to the arrival of the novel coronavirus pandemic and hence, are developing a major need for the implementation of AI services and solutions.

 

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

 

About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors.  Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.

 

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