All Industries

Industrials ETF 'XLI': Potential Catalyst for Growth and Expansion

Select Sector SPDR

The industrial sector, traditionally the backbone of any robust economy, is currently experiencing a resurgence. As a nation, we are focusing on revitalizing our infrastructure, which includes railroads, aviation, and heavy machinery. This renewed focus has increased demand for industrial space and sparked job creation in these sectors. An exchange-traded fund (ETF) such as the Industrials Select Sector SPDR Fund (XLI) provides investors with an efficient, cost-effective* way to gain exposure to this expanding sector. XLI offers access to key sub-sectors of the US economy which may fuel this growth. The XLI tracks a market cap-weighted index of industrial-sector stocks drawn from the S&P 500. Currently holding over $15 billion in assets under management, it has a low annual expense ratio of 0.10%, making it one of the most efficient and tradable ways to gain access to the industrial sector. The top 10 holdings** for XLI are: Caterpillar Inc. (4.28%) Union Pacific Corp. (4.25%) Boeing Co. (4.20%) General Electric Co. (3.94%) Honeywell International Inc. (3.92%) Uber Technologies (3.59%) RTX (3.43%) United Parcel Service, Inc. Class B (3.22%) Deere & Co. (3.04%) Lockheed Martin Corp. (2.84%) Dominant Market Players Caterpillar Inc., Union Pacific Corp., Boeing Co., General Electric Co., Honeywell International Inc., and Uber Technologies dominate the sector by market capitalization, representing industries such as aerospace and defense, building products, construction and engineering, electrical equipment, conglomerates, machinery, commercial services and supplies, air freight and logistics, airlines, marine, road, and rail. Investors ranging from institutional, broker-dealers, financial advisors, and retail are adding diversification to their portfolios with XLI. This actively traded ETF can be an attractive option for investors and traders seeking exposure to the sector. The foundation of any strong economy lies in the manufacturing and distribution of goods to businesses and consumers. XLI provides investors with exposure to this fundamental process that is essential to the daily operations of commerce, retail, and services. The Role of XLI in Portfolio Diversification A key aspect of building a portfolio is understanding the significance of each of the core 11 sectors of the S&P 500. The industrial sector, represented by XLI, can serve as a viable starting point for investors of all sizes seeking diversified investments. As we move forward, XLI can open doors to manufacturing and transportation, serving as a gateway to the infrastructure revitalization and industrial expansion that is currently driving our economy. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. *Ordinary brokerage fees apply **Holdings, Weightings & Assets as of 12/31/23 subject to change DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL007228 EXP 3/31/24 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

February 02, 2024 05:00 AM Eastern Standard Time

News Release

Tisdale Clean Energy Upsizes Private Placement and Closes $1.145M Second Tranche

Tisdale Clean Energy Corp.

Vancouver, B.C. – TheNewswire - February 1, 2024 – TISDALE CLEAN ENERGY CORP. (the “ Company ” or “ Tisdale ”) (CSE:TCEC ), ( OTC:TCEFF ), ( FSE:T1KC ), is pleased to announce that it has closed a second tranche of its non-brokered private placement (the “ Offering ”) and has issued a further 6,362,216 units (each, a “ Unit ”) at a price of $0.18 per Unit for gross proceeds of $1,145,199. Each “Unit” issued in the second tranche of the Offering consists of one common share of the Company and one share purchase warrant exercisable at a price of $0.30 until February 1, 2026. In connection with completion of the second tranche of the Offering, the Company paid $17,500 and issued 97,222 share purchase warrants (each, a “ Brokers Warrant ”) to certain arms-length brokerage firms who assisted in introducing subscribers to the Offering. Each Brokers Warrant is exercisable at a price of $0.30 until February 1, 2026. All securities issued in connection with the second tranche of the Offering are subject to restrictions on resale until June 2, 2024, in accordance with applicable securities laws. When combined with the first tranche of the Offering, the Company has raised gross proceeds of $1,920,199 through the issuance of 10,667,772 Units. Due to strong market interest, the Company has elected to increase the size of the Offering by 5,405,405 Units for a total of 16,666,667 Units, which if fully subscribed would increase total gross proceeds to $3,000,000. The Company anticipates completing the final tranche of the Offering in the next two weeks. Completion of a final tranche of the Offering remains subject to any required regulatory approvals. The proceeds from the Offering will be used for general working capital purposes and for carrying out exploration programs at the South Falcon East uranium project. About Tisdale Clean Energy Corp. Tisdale Clean Energy is a Canadian-based uranium exploration and development company. The Company is currently developing the South Falcon East uranium project, a 12,770-hectare project located in the Athabasca Basin region, Saskatchewan, Canada, which contains the Fraser Lakes B uranium/thorium deposit. For further information, contact Alex Klenman at info@tisdalecleanenergy.com or 604.970.4330. ON BEHALF OF THE BOARD OF TISDALE CLEAN ENERGY CORP. “Alex Klenman” Alex Klenman, Chief Executive Officer This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or if used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to the anticipated use of proceeds from the Offering and other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.

February 01, 2024 03:15 PM Eastern Standard Time

National Day of Action Spurs 280,000+ Calls, Emails, and Tweets to Save Critical Broadband Subsidy

Raynor Ave.

Today, the Affordable Broadband Campaign shared the outputs from its national day of action: Americans made more than 280,000 calls, emails, and social media posts to Congress in support of funding for the Affordable Connectivity Program (ACP). The program provides discounts to nearly 23 million American households and needs $7 billion in funding from Congress to ensure people aren’t disconnected from the internet this year. Don’t Disconnect US Day, which took place on January 25, spurred those who care about affordable internet to contact their congressional representatives by phone or email by visiting www.dontdisconnectus.org or partner platforms. The resulting actions from supporters calling for Congress to fund the program included: More than 281,000 emails, calls, and tweets to Congress in one week More than 225,000 emails and calls to Congress in one week More than 114,000 emails and calls to Congress on one day alone (January 25) More than 55,000 posts on social media, including from Sen. Peter Welch (VT) and Rep. Yvette Clark (NY-09) Dozens of op-eds, blogs, and news reports published in a variety of publications, including The Dallas Morning News, News Center Maine, Broadband Breakfast, Benton Institute, and more Don’t Disconnect US also coincided with the date the Federal Communications Commission instructed internet service providers to inform customers that the ACP credit on their bill is ending. One in six U.S. households is currently enrolled in the program, including approximately 960,000 veterans, 3.1 million families with a K-12 student receiving free or reduced-price lunch, and 5 million seniors. “Phones were ringing off the hook in Congressional Offices, plus inboxes were flooded with emails from all 50 states,” said Gigi Sohn, spokesperson for the ‍Affordable Broadband Campaign. “We launched Don’t Disconnect US Day because the situation facing 23 million American households is dire: unless Congress acts now, approximately 50 million Americans could be without their internet. Members of Congress need to listen to their constituents and fund this program now.” A bipartisan, bicameral group of lawmakers has introduced a path forward with the Affordable Connectivity Program Extension Act of 2024, which would provide $7 billion to extend the ACP through the end of the year. The effort is led by Sen. Peter Welch (VT), Sen. J.D. Vance (OH), Sen. Jacky Rosen (NV), Sen. Kevin Cramer (ND), Rep. Yvette D. Clarke (NY-09), Rep. Brian Fitzpatrick (PA-01), Rep. Anthony D’Esposito (NY-04), Rep. Marcus Molinaro (NY-19), and Rep. Mike Lawler (NY-17). Don’t Disconnect US was led by the Affordable Broadband Campaign, a non-profit organization dedicated to ensuring affordable and robust broadband for all. About the Affordable Broadband Campaign The Affordable Broadband Campaign is a group of like-minded nonprofit, industry, civil society, and public interest groups that have come together around one issue: sustainable broadband affordability. The U.S. needs a sustainable policy solution to the problem, and the Affordable Broadband Campaign is focused on securing that through an informed, deliberate strategy. Contact Details Aaron Alberico +1 202-744-0786 aalberico@raynoravenue.com Company Website https://www.dontdisconnectus.org/

February 01, 2024 03:05 PM Eastern Standard Time

Heroes of Mavia Launches It’s Anticipated Game on iOS and Android with Exclusive Mavia Airdrop Program

Heroes of Mavia

Heroes of Mavia, a groundbreaking Web3 AAA mobile base builder strategy game, is now available on iOS and Android app stores. This launch marks a new era in gaming, merging the thrill of strategy gameplay with the innovative aspects of Web3 technology. After a successful private beta period of three months, which attracted over 350,000 waitlisted enthusiasts and showcased impressive engagement statistics such as 12k daily and 45k monthly active users, Heroes of Mavia is set to captivate the global gaming community. The game boasts a daily average playtime of 24 minutes and a remarkable 42% day 7 retention rate, indicating its compelling gameplay and engaging content. Coinciding with this eagerly awaited launch, Heroes of Mavia introduces the “Mavia Pioneer Airdrop Program – Turbocharged.” This unique program offers early adopters, who download the game before the $MAVIA token launch on February 6th, an opportunity to participate in the $MAVIA airdrop, thereby immersing them in the world of Web3 gaming rewards. The Heroes of Mavia community has experienced rapid growth, with its Twitter and Discord channels gaining 45,000 new followers and members in just two weeks, highlighting the game’s burgeoning popularity. Heroes of Mavia is committed to bridging the gap between traditional gaming (Web2) and the new era of Web3 gaming. Each player is equipped with an in-built on-chain non-custodial wallet, facilitating the minting, purchasing, and trading of unique in-game items (NFTs). This feature not only enhances the gaming experience but also opens doors to the dynamic world of Web3. The game’s recent partnership with Kick.com solidifies Heroes of Mavia’s position in the Web2 streaming world, broadening its appeal and influence within the gaming community. Distinctively, Heroes of Mavia’s innovative Web3 model is built for sustainable growth, steering clear of the hyperinflation issues common in many play-to-earn projects. This approach promises a balanced and enriching experience for all players, whether they are long-time Web3 enthusiasts or new entrants to this exciting domain. About Heroes of Mavia Heroes of Mavia is a AAA mobile Web3 strategy game available on iOS and Android app stores globally. The game is backed by prominent investors such as Binance Labs, Genblock Capital, Delphi Digital, Mechanism Capital, Bitkraft, Animoca Brands among others. The native Heroes of Mavia tokens $MAVIA is set to launch on February 6th 2024. To download Heroes of Mavia please visit: https://www.mavia.com/ Follow Heroes of Mavia Discord l Twitter Contact Details Heroes of Mavia Nania Tran nania@mavia.com

February 01, 2024 02:41 PM Eastern Standard Time

Image

News Release

Bitget Lists Matr1x Fire Token (FIRE) in Innovation and GameFi Zone

Bitget

Bitget, the world’s leading cryptocurrency exchange and Web3 company, announces the listing of Matr1x Fire Token (FIRE) in the Innovation and GameFi Zone. This strategic move will provide users with access to the exciting world of Matr1x Fire and its unique utility token. Matr1x Fire, a groundbreaking project, offers a one-of-a-kind gaming experience. FIRE will serve as the primary utility token within the MATR1X FIRE ecosystem and play a pivotal role for players in activities such as avatar upgrades, breeding, blind case opening, Esports involvement, and much more. This integration of gaming and blockchain showcases the project’s innovative potential and its alignment with Bitget’s commitment to offering its users access to cutting-edge projects. Gracy Chen, the Managing Director of Bitget said: “Bitget seeks to support the development of different blockchains and ecosystems. The addition of Matr1x Fire Token exemplifies our dedication to offering our users a diverse range of high-quality projects. We strive to create a Spot Market that provides rich choices and opportunities for our users.” Bitget has consistently expanded its market share in both spot and derivatives trading among centralized exchanges. With a focus on providing users with opportunities to invest in popular and valuable projects, Bitget’s spot market has seen significant growth. In 2023 alone, the platform added over 350 new listings, further diversifying investment options for users. Meanwhile, Bitget Wallet supports over 100 mainnets and 250,000+ tokens. Its on-chain trading function Bitget Swap enables cross-chain trading between nearly 30 mainnets. For more information, please visit: https://www.bitget.com/support/articles/12560603804822 About Bitget Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 20 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet Contact Details Bitget Rachel Cheung media@bitget.com Company Website https://www.bitget.com/

February 01, 2024 02:31 PM Eastern Standard Time

AQ Studios: A New Architectural Vision for Louisiana and Beyond

AQ Studios

AQ Studios, the exciting new face in architecture, has emerged from the merger of Louisiana's architectural titans, ACSW (Lafayette) and Rozas Ward (New Orleans). This fusion is set to redefine the architectural boundaries in Louisiana and beyond, offering a blend of innovation, cultural richness, and urban sophistication. ACSW, renowned for iconic designs like River Ranch, Lafayette High School, and the University of Louisiana's Our Lady of Lourdes Stadium, brings its legacy of groundbreaking design and a focus on community-enhancing architecture. Rozas Ward complements this with its portfolio of culturally rich projects like the Gayle and Tom Benson Cancer Center and The Kalorama of New Orleans condominiums. This merger marks a pivotal moment in the architectural industry, combining decades of expertise and vision. AQ Studios will continue to operate out of their locations in New Orleans and Lafayette, as well as their satellite office in Lake Charles. Both firms celebrate the merger as a natural and symbiotic union. Eric Crozier, a principal architect at ACSW and the new AQ Studios, expresses enthusiasm: “This merger is a culmination of a growing relationship that has blossomed organically over two years. It’s an exciting new chapter that promises to amplify our capabilities, expand our geographic reach, and provide our talented staff with unprecedented growth opportunities.” Charlie Ward, of Rozas Ward and now a principal architect at AQ Studios, shares his excitement: “Our merger is a celebration of strength and adaptability. It’s about building on our legacy and ensuring our designs meet the evolving needs of our clients and communities.” AQ Studios is set to leave its mark across various sectors, notably in educational, healthcare, and civic architecture. The firm pledges to uphold the high standards and client-focused approach that defined ACSW and Rozas Ward while pushing the boundaries to create not just functional spaces but also sources of inspiration and community pride. As AQ Studios embarks on this new journey, it remains dedicated to transforming visions into architectural realities, crafting spaces that celebrate culture and community, and shaping the architectural landscape of Louisiana and beyond for generations to come. Based in the heart of Louisiana, with offices in Lafayette, New Orleans, and Lake Charles, AQ Studios is the result of a strategic merger between ACSW and Rozas Ward, two architectural powerhouses known for their innovation and community-driven designs. This newly formed architecture firm is poised to make a significant impact in educational, healthcare, and civic architecture while catering to a diverse range of clients.At AQ Studios, the commitment is not just to build structures but also to craft spaces that embody purpose, inspire communities, and resonate with the needs and aspirations of the people they serve. The firm stands as a beacon of architectural excellence, blending a rich heritage with a forward-looking approach to design.For further details and insights into the transformative world of AQ Studios or to schedule an interview or a discussion, please reach out to Madeline Williams at Madeline@AQTeam.com or 337-235-8016. Contact Details Emily Reynolds Bergh +1 518-321-3906 Emily@rprfirm.com Company Website https://introducingaq.com/

February 01, 2024 02:30 PM Eastern Standard Time

Image

Flipster Launches New Earn Pool Feature Allowing Users to Earn Up To 10K USDT Daily on Their Crypto

Flipster

Flipster, the number one trading platform for altcoin liquidity and the fastest-growing crypto derivatives platform, has finally announced its Flipster Earn Pool campaign. First teased in December last year, the trading platform had been slow with news on this highly anticipated addition. The launch was worth the wait, as the platform is promising users the chance to earn up to 10K USDT a day* (at launch on 1st of February) on USDT held in their Flipster accounts. As a derivatives-first platform, a fair criticism of Flipster has been the lack of options to do with funds between significant events. Flipster’s CEO Yongjin Kim says, “With Flipster Earn Pool users can know their funds are safe and working for them on our platform while they wait for their next investment move. As a trader, I understand you can’t always feel confident leaving money in positions. Flipster Earn Pool lets you potentially make income on Flipster even when you’re not actively trading.” Traders choose to have a Flipster account for big opportunities on altcoin derivatives and trading competitions. The brand has built a reputation for thick liquidity on altcoins that is unmatched by any competitor. While the platform is considerably new, this USP is directly associated with successfully drawing top derivative traders to its app. Flipster Earn Pool aims to appeal to users interested in the opportunity to potentially earn passive income while they wait for their next big trade, potentially contributing to an increased user base over time. The platform is committed to regularly offering the world’s first perpetual futures listings on tokens that have just dropped spot listings on major exchanges. Recent examples include ACE, MANTA, ALT and DMAIL, which all had a perpetual futures listing on Flipster within four hours of a spot listing on a top crypto exchange. According to Ben Rogers, Head of Marketing: “When MANTA was launched, some users quickly turned the excitement into significant profits, with one user gaining $7,675 USDT from a single trade. ALT saw similar success, with a user seeing a trade return profit of $5,789 USDT. When publishing, the greatest return on an altcoin trade on Flipster is reported at $52,310 USDT on ACE, which also had the world’s first PERP on the platform. DMAIL will have its PERP world premiere this week, and the business is confident that some users may see similar results as they turn news into leveraged trades on Flipster”. The difference now is that users can potentially earn up to 10K daily on the funds in their Flipster wallets and profit from trades. Flipster Earn Pool will calculate interest daily from a total shared prize pool of 10K USDT, and users can check what they have earned in their funds on Flipster’s website. To be eligible for returns from day one, users should ensure they have USDT in their Flipster account by UTC 00:01 on February 1st and meet the daily trading requirement. As it will take time for word to spread about the new offer, early participants can potentially earn returns on their idle funds. About Flipster Flipster is the fastest-growing crypto derivatives platform in the world. The easy-to-use app gives users an all-in-one experience with leverage of up to 100x on a wide selection of over 200 tokens. Considered best in class for altcoin liquidity, top tokens like BTC and ETH are also available. Users can make instant flips, monitor their portfolios, and capitalize on market movements—anytime, anywhere. Users can get started at flipster.xyz. For media enquiries or interview requests with the team, don’t hesitate to get in touch with pr@flipster.xyz or keep updated with Flipster’s blog. *Subject to terms and conditions which can be found on: https://flipsterxyz.zendesk.com/hc/en-us/articles/8902043575695-Flipster-Earn-Campaign-240201 Flipster is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. Contact Details Flipster Ben Rogers pr@flipster.xyz

February 01, 2024 10:21 AM Eastern Standard Time

Image

Amesite Inc. In 2024: Growth, Partnership Building And Scaling A Zero Setup Cost AI-Driven Platform

Benzinga

By Faith Ashmore, Benzinga AI is rapidly gaining momentum and transforming industries across the board, even those that have traditionally been slow to adopt new technologies, like academia. As states increasingly recognize the need to build highly skilled workforces, community and regional colleges and universities in the U.S. are playing a more vital role than ever before. To accomplish their missions, these institutions often require more advanced software and services that can facilitate large-scale workforce development quickly and efficiently. AI-powered solutions are proving to be increasingly useful in achieving operational efficiency and meeting the needs of the future. However, not every university and college has the resources or knowledge to fully invest in AI technology. Amesite Inc. (NASDAQ: AMST) is an artificial intelligence software company that offers a cloud-based learning platform for businesses and education. The company's smart and intuitive learning environments assist organizations – including businesses, community colleges, universities, non-profits and government agencies – to launch branded learning programs easily and affordably. With a focus on providing innovative solutions, Amesite enables organizations to evolve with the times by offering a zero-cost set-up fee platform that leverages AI and facilitates personalized, engaging and efficient learning experiences. The company is known for its best-in-class learning management system (LMS) which can integrate with thousands of Application Programming Interface (APIs), enabling them to share information with different software applications. The past year saw the strategic evolution of Amesite’s business strategy to better serve its partners by moving to a much more affordable business plan with a no-cost set-up fee model, which is a key differentiator from other SaaS e-learning platforms. This change was made economically possible by the company’s implementation of its AI capabilities. The no-cost set-up fee approach significantly expands the target market for Amesite and enables companies and universities to provide professional training without big upfront investments and offer degrees and certifications to students with lower tuition fees than the competition. From an internal standpoint, Amesite says prioritizing AI-first processes and workflows has had an impact of reducing operating expenses by 51.9%. The company also reports that sales-qualified leads have seen a nearly 200% increase from the first quarter of 2023 to the first quarter of 2024. Before AI took off and was widely adopted, Amesite reports it was already engaging with and adopting the technology as one of the first ed-tech companies to embrace AI. Amesite reports it has gained momentum when compared to competitors and is now able to provide a cost-efficient product to its customers through a no-cost set-up fee model – effectively making it risk-free. Although from another industry, this is a similar approach to how Tesla (NASDAQ: TSLA) approached its EV business model and took a mass-market approach. Tesla created a standard in the auto industry that enabled it to bring on more customers, and Amesite similarly aims to set a standard in its educational industry utilizing AI in the background. Over the course of 2023, Amesite made strides in both the private and public sectors, which cumulated into the no-cost set-up fee model which has increased sales inquiries. In March, Amesite announced that it was COPPA and FERPA -compliant; these designations protect children’s safety and personal data online. This certification allows Amesite’s customers to sell learning products to over 49.5 million K12 students. The company reports that it has already seen success with the continued education market. In June, the company announced that company had received an award from the National Association for Business Resources: Michigan’s Best & Brightest in Wellness® for the fifth consecutive year. The company also announced 12 new courses with its partner, Michigan Works! Southeast (MWSE) during the year. These courses focused on how digitalization is reshaping the workplace, providing Michigan residents with valuable resources to excel in the modern workplace. In August, Amesite announced the renewal of its partnership with Central Michigan University. While there are other companies in the ed-tech space like Coursera (NYSE: COUR) and 2U (NASDAQ: TWOU), Amesite’s early AI adoption and continued evolution are beginning to result in more potential sales activity for the company in addition to achieving its no-cost set-up fee milestone but (significantly for investors) this shift began to roll out in September 2023, with an understandable delay in contract announcement wins. The company now boasts of being able to provide custom-branded, enterprise-scale systems for clients within 24 hours – and partners seem to be taking notice. Since the official rollout in September, the company announced a five-year partnership with Drake State Community and Technical College in November. Amesite also announced a five-year partnership with West Virginia Northern Community College in December. Amesite’s commitment to providing companies and organizations with the tools needed to leverage powerful AI at a low cost and with scalable options sets it apart from its contemporaries and its competition. Speaking on the commercial demand for Amesite’s tools, CEO and Founder Dr. Ann Marie Sastry shared, “Workforce development agencies have a significant opportunity to leverage modern tools to assist individuals in their growth and readiness for the job market, and we are excited to be able to provide critical skills to a multi-billion-dollar market and expect these offerings to be in high demand. At Amesite, we've focused on creating solutions that easily integrate into existing systems. Our partnership with Microsoft enables us to deploy these tools swiftly, often within a 24-hour window.” According to Market Research Future, the global AI in education market is projected to grow from $3.45 billion in 2023 to $23.82 billion in 2030. The SaaS market is expected to grow from $167 billion in 2022 to $462 billion by 2028. As Amesite’s progress indicates, companies that capitalize on these two industries and drive growth forward could have a positive outlook in the coming years. As Amesite begins to see the positive results of its new AI-enable model, investors may see that Amesite could potentially be well-positioned to continue to grow and expand its partnerships, resulting in more clients and more revenues. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

February 01, 2024 09:10 AM Eastern Standard Time

Mariner Wealth Advisors Acquires AndCo Consulting and Fourth Street Performance Partners, Creating Mariner Institutional

Mariner

Mariner Wealth Advisors, a national wealth advisory firm, today announced it will be acquiring Winter Park, Fla.-based AndCo Consulting and Covington, Ky.-based Fourth Street Performance Partners in a simultaneous transaction. The acquisitions significantly bolster Mariner’s institutional presence, adding 100 associates and bringing the firm an additional $104 billion in assets under advisement. Based on its approximately 25 years of operational experience, the AndCo team will drive the new business vertical, Mariner Institutional. Recognizing the evolving landscape of retirement-to-wealth solutions, Mariner’s strategic addition of these two firms supports the firm in offering a comprehensive suite of complementary services, catering to both institutional and individual clients. The expansion enhances Mariner’s capabilities and growth potential, solidifying its commitment to a client-first approach. “The complementary nature of our clients and services will support our joint growth and offer existing clients and prospects additional services that will help enhance the overall client outcome,” said Marty Bicknell, CEO and president of Mariner Wealth Advisors. “Mariner, AndCo and Fourth Street share an objective and client-first approach, a focus on associate development and unyielding support for our communities. This leads to a strong cultural alignment and great opportunities ahead.” Fourth Street will merge with AndCo upon closing of the transaction, each maintaining their existing teams and focus on serving institutional clients under the Mariner Institutional brand. Joining Mariner allows them to augment services through enhanced infrastructure and financial resources. “Since the inception of the firm, we have consistently approached business decisions through a simple three-pronged question: how will this impact our clients, our colleagues and our community?” said AndCo CEO Mike Welker. “We truly believe we have found a partner in Mariner that shares the same philosophy, and I’m confident this opportunity will enhance the services we deliver to our existing clients, provide opportunities for our team members and give us capacity to give back to our local communities at scale.” The agreements were finalized on Jan. 29, 2024, and the transition is expected to reach its completion in early April 2024. Berkshire Global Advisors served as financial advisor to AndCo Consulting in this transaction. AndCo and Fourth Street will retain their 100 professionals and continue serving clients out of their locations in Covington, Winter Park, Chicago, Dallas, Detroit, Pittsburgh, Cleveland and Reno, Nev. At Mariner Wealth Advisors, we provide 360° advice designed to last. We focus on one thing—partnering with clients to create a financial strategy for today and beyond that’s flexible enough to change along with them. The ultimate goal? Helping clients identify what is important so they can achieve their goals—we’re committed to being here for everything life brings their way. We’ve built our firm around what our clients need. We began by offering wealth planning resources and then added services from tax planning to insurance—all under one roof. We believe this integrated approach to wealth management helps simplify our clients’ lives. Founded in 2006 with $300 million in assets under advisement, Mariner and its affiliates now advise on over $122 billion in assets as of 12/31/23. To learn more, visit marinerwealthadvisors.com. Contact Details Remi Yuter mariner@hotpaperlantern.com Company Website https://www.marinerwealthadvisors.com/

February 01, 2024 09:00 AM Eastern Standard Time

Image

1 ... 444 445 446 447 448 ... 3758