Author: Alexander Lee

New AI Increasing 3D Model production up to 40% Search engine has over 200,000 3D models with unlimited color and texture variations Nextech3D.ai (OTCQX:NEXCF)(CSE:NTAR)(FSE:EP2), a patented 2D-3D Generative AI-Powered 3D model supplier (Patent #11,948,248) for Amazon, Miele, P&G, Kohls, and other major e-commerce retailers is pleased to announce the success of its proprietary AI-Powered 3D model search engine launched in Q1, 2024. This innovative AI 3D model search engine uses AI powered by Nvidia’s GPUs to speed-up and scale-up operations for the 3D modeling process. The AI search engine uses images to search Nextech’s internal library of 3D models and…

Investors have shown a keen interest in the potential of artificial intelligence (AI) since early last year, leading to increased investment in companies well-positioned to benefit from this innovative technology. Despite concerns over a prolonged bull market and elevated valuations, recent weeks have seen a pause in the rally as investors seek further evidence of continued AI adoption. As of 1:08 p.m. ET on Tuesday, several key players in the AI sector experienced notable stock price increases. Chipmaker, a leading stock in the sector, saw a 6.4% jump, while foundry Taiwan Semiconductor Manufacturing Company rose by 5.8%. Additionally, semiconductor and…

On June 24 at 5:30 a.m. at the Eagle Mine site in Yukon Territory, a significant amount of material, totaling approximately 4 million tonnes, collapsed down the hillside. Out of this, two million tonnes breached containment due to a failure in the heap leach facility during the incident. The Government of Yukon has taken action by applying for receivership of the company and its assets in order to address concerns regarding human health, safety, and environmental risks. The Ontario Supreme Court of Justice has approved this application and appointed PricewaterhouseCoopers to oversee the management of the company’s property, assets, and…

LQWD Technologies and Bitcoin Well have announced a collaboration to launch a Lightning Node. This strategic partnership aims to enhance the efficiency and scalability of Lightning Network technology, ultimately benefiting users of cryptocurrency exchanges and financial institutions alike. The Lightning Node collaboration will leverage the expertise and resources of both companies to drive innovation and growth in the blockchain industry.

US Vice President Kamala Harris has agreed to participate in a roundtable discussion hosted by the International Brotherhood of Teamsters leadership, as confirmed by her campaign spokesperson Lauren Hitt. The purpose of the discussion is for Harris to address her efforts in advocating for the rights of Teamsters and their families, while also sharing her vision for the future. The campaign is in the process of scheduling the roundtable event. Traditionally, Democrats have viewed unions like the Teamsters, with their significant membership of 1.3 million individuals, as crucial allies in electoral victories. However, the recent outreach by former President Donald…

S&P Global Ratings announced the upgrade of Uber Technologies Inc.’s credit ratings to investment-grade status, citing the company’s consistent earnings growth. Uber’s main bond ratings were raised to BBB-, the lowest investment-grade level, from BB+, the highest junk grade. This upgrade signifies lower borrowing costs for Uber as a wider range of investors can now purchase high-grade securities. According to S&P, Uber is projected to achieve approximately $5.9 billion in Ebitda in 2024 and $7.6 billion in 2025. Despite its growing income, Uber remains cautious about borrowing and has expressed a commitment to maintaining an investment-grade credit profile. The company’s…

Long-term investing is a prudent strategy that allows investors to benefit from the power of compounding while providing protection against short-term fluctuations. Recent data released by the United States Bureau of Labor Statistics revealed that the producer price index, which measures wholesale prices, increased by 0.1% in July compared to June, falling below analysts’ expectations of 0.2%. This lower-than-expected inflation has sparked hopes of interest rate cuts and alleviated concerns about a potential recession. Consequently, the TSX/S&P Composite Index experienced a 1% increase yesterday and has gained 8% year-to-date. In light of improving investor sentiment, here are three promising stocks…

The stock of Lumen Technologies (NYSE: LUMN) experienced significant gains in trading on Tuesday, with a share price increase of 87.3% as of 3:15 p.m. ET, according to data from S&P Global Market Intelligence. A press release issued by Lumen yesterday highlighted the company’s success in meeting the growing demand for fiber networks to support artificial intelligence (AI) services. Following this news, the company received an upgraded rating and higher price target from Citigroup (NYSE:C). Lumen recently announced securing $5 billion in new business due to AI-related demand and is in discussions with existing customers for additional deals that could…

Recent developments suggest that Canadian investors may have an opportunity to explore new potential in the cannabis stock market. This week, Canadian pot stocks experienced a significant surge, with increases of up to 80%. The catalyst for this surge appears to be related to news originating from the United States. Reports have emerged indicating that the Drug Enforcement Administration (DEA) is considering reclassifying marijuana to a less dangerous category, specifically from a Schedule I narcotic to a Schedule III substance. This proposed change is of great significance as it could shift the perception of cannabis, aligning it more closely with…

The investment opportunity in a prominent energy infrastructure company, known for its diversified segments including pipelines, renewable energy, and utilities, is currently advantageous. This company is responsible for transporting a significant portion of North American-produced crude and natural gas needs. Additionally, the company has made substantial investments in renewable energy over the past two decades, boasting a network of facilities capable of powering over a million homes. Moreover, the company operates a large natural gas utility, serving millions of customers in the U.S. and Canada. One of the compelling reasons to consider investing in this company is its generous quarterly…