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Consumer Discretionary Select Sector SPDR Fund (XLY): Access to the High-End Consumer Market

Select Sector SPDR

The Consumer Discretionary Select Sector SPDR Fund ( XLY ) is a viable investment choice for those seeking to capitalize on the high-end retail market. With components from the consumer discretionary sector, XLY offers investors a pathway to engage in the ever-evolving world of luxury goods and services. A Diverse and Strategic Portfolio XLY encompasses an investment focus on the consumer discretionary sector, covering a wide array of non-essential goods and services — including advanced electronics, international travel, dining, hotels, and consumer durables. Key holdings* include: Amazon.com (22.24%): Dominating the e-commerce landscape, Amazon provides a vast array of products and services catering to diverse consumer needs. Tesla (17.51%): Redefining automotive luxury with its innovative electric vehicles, Tesla continues to set the standard. Home Depot (7.78%): A leader in home improvement retail, Home Depot serves both do it yourself enthusiasts and professional contractors. McDonald's (3.90%): A global icon, McDonald's adapts its menu to satisfy a wide range of tastes and preferences. Lowe’s (3.88%): Another force in the home improvement sector, Lowe’s provides a comprehensive selection of home enhancement products. Strategic Financial Management With over $23 billion in assets under management, XLY is a testament to the power of consumer spending. The fund also maintains an investor-friendly expense ratio of 0.09%**, ensuring cost-effective participation in the consumer discretionary sector. Replicating Market Dynamics XLY aims to replicate the Consumer Discretionary Select Sector Index, offering investors an expansive view of the sector's dynamics. This alignment provides a streamlined investment opportunity, minimizing the complexities of individual stock analysis. Adapting to Economic Shifts In a constantly changing economic environment, XLY remains adaptable and focused. As consumer confidence and spending rise, particularly in luxury markets, the fund positions itself to harness these growth opportunities effectively. A Compelling Investment Opportunity For investors interested in the nuances of luxury consumer spending, XLY presents an unparalleled investment avenue. By offering exposure to a broad spectrum of non-essential goods and services, XLY stands as a practical choice for those aiming to leverage the potential of the consumer discretionary sector. About Consumer Discretionary Select Sector SPDR Fund (XLY) Since its inception, the Consumer Discretionary Select Sector SPDR Fund (XLY) has been committed to providing investors with access to the consumer discretionary market. With its focused portfolio and strategic positioning, XLY continues to be a practical choice for those looking to explore high-end retail investments. 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. *Holdings, Weightings & Assets as of 11/30/24 subject to change **Ordinary brokerage fees apply 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. SEL008041 EXP 2/28/25 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

December 26, 2024 05:00 AM Eastern Standard Time

News Release

Global Digital Marketplace Paving the Way for Financial Growth and Strategic Success

Rev Up Marketers

EdenMountain has launched the world’s first digital marketplace for Enterprise Non-Operating Rights (ENORs), marking a transformative moment in how businesses and investors approach intellectual property. Founded in 2023, EdenMountain is a pioneering fintech and legal-tech company enabling enterprises to monetize unused intellectual property in a debt-free, non-dilutive manner while offering a new and strategic asset class to investors and operators. ENORs represent a groundbreaking asset class. These are licensed, non-operating rights of a company’s intellectual property (IP) in regions where the company has no active operations. By selling ENORs, businesses can transform unused rights into immediate liquidity without issuing debt or equity. Simultaneously, buyers gain exclusive access to strategic IP with options for resale, operational expansion, or partnerships. This dual benefit creates unparalleled opportunities for enterprises to unlock the value of idle assets and for buyers to gain first-mover advantages in untapped markets, fostering global business growth and innovation. For businesses, ENORs provide a scalable, debt-free avenue for raising funds. By monetizing non-core markets or regions outside expansion plans, sellers can generate immediate cash flow. Moreover, ENORs offer the flexibility of including a Repurchase Option, allowing businesses to buy back their ENORs within a specified period if strategies evolve. This innovative approach empowers businesses to secure financial resources without compromising equity or incurring debt, creating a flexible and strategic pathway for growth. For buyers, ENORs open doors to a unique asset class that combines strategic and financial potential. These assets offer exclusive IP rights in emerging markets, with options to resell, establish operations, or build partnerships. With EdenMountain’s standardized legal framework and global compliance, buyers can seamlessly transact and diversify their portfolios with low-risk, high-growth opportunities in industries ranging from healthcare and technology to manufacturing and consumer products. The EdenMountain Marketplace not only facilitates the initial sale of ENORs but also supports a thriving secondary market. Buyers can resell acquired ENORs, ensuring liquidity and maximizing returns. This dynamic ecosystem benefits a wide range of stakeholders, from operators expanding into new territories to investors seeking innovative assets with growth potential. All ENOR transactions on EdenMountain are governed by standardized legal agreements under the laws of England and Wales, ensuring global enforceability and compliance. This structure enables sellers to scale transactions efficiently and buyers to engage in multiple deals without additional legal complexities or costs. With over 290 ENORs already listed across more than 13 industries including automotive, technology, and F&B, EdenMountain has completed transactions in the UK, Europe, and GCC markets. Plans are underway to expand into North America, Asia, and Africa, further broadening the marketplace’s impact and appeal. EdenMountain’s ENORs represent a paradigm shift in capital access and investment. By bridging the gap between unutilized IP and market opportunities, the platform offers businesses a non-dilutive financing alternative and investors a compelling new avenue for growth and diversification. EdenMountain invites businesses, operators, and investors to explore this groundbreaking asset class. Discover how ENORs can unlock new financial strategies and market opportunities at www.edenmountain.com. The EdenMountain team will also be present at the Web Summit in Doha in February 2025, where they will share insights on alternative financing and global commerce. About EdenMountain EdenMountain, founded in 2023, is a pioneering fintech and legal-tech company that has launched the world's first digital marketplace for Enterprise Non-Operating Rights (ENORs). The platform enables businesses to monetize unused intellectual property in a debt-free, non-dilutive manner, offering investors access to a unique asset class with high-growth potential. With over 290 ENORs listed across various industries, EdenMountain is reshaping how companies raise funds and expand globally, while creating new opportunities for investors in untapped markets. Contact Details EdenMountain Harry Garthwaite support@edenmountain.com Company Website http://www.edenmountain.com

December 25, 2024 09:12 AM Eastern Standard Time

News Release

Native Springs Announces New Initiatives to Deliver Trusted News and Insights While Inviting Writers to Join Its Global Platform

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Native Springs is an exciting platform known for providing the latest news, trends, and insights. In the latest development, the company is excited to launch and share a variety of new updates and initiatives aimed at boosting reader engagement and broadening our global reach. With a strong dedication to quality content and authenticity, Native Springs remains a trusted source of information on a wide range of topics. Native Springs is pleased to introduce refreshed content categories and innovative updates designed to connect readers with the stories that matter most: Technology: Explore the latest innovations and breakthroughs in the tech world. Stay updated on the trends that are shaping the future of technology. Economy: Understand the complexities of global markets and economic policies with detailed insights and updates that help you make informed financial choices. Sports: Dive into extensive sports coverage, including game highlights, scores, and exclusive features on your favorite athletes and teams. Travel: Ignite your wanderlust with travel guides, tips, and destination highlights. Get inspired for your next adventure from around the world. Gadgets: Keep up with the latest gadget reviews, launches, and tech innovations, tailored for enthusiasts and early adopters. World News:: Stay informed about current events, politics, and global developments through timely and reliable reporting and analysis. Native Springs is dedicated to providing an exceptional reading experience through thorough coverage, high-quality standards, and captivating storytelling. Whether it's breaking news or detailed analysis, the platform serves a wide range of interests. Each article is meticulously researched and crafted to uphold the highest levels of authenticity and relevance. Complex concepts are transformed into engaging narratives that both inform and inspire readers. Furthermore, the company thrilled to announce "Write for us": Native Springs invites talented writers, journalists, and industry experts to become part of its expanding community of contributors. This initiative offers passionate storytellers a chance to showcase their skills and creativity on a respected global platform. Writing for Native Springs comes with many benefits. Contributors can share their voice with a discerning audience, build a strong portfolio with published pieces, and connect with a network of like-minded professionals. By contributing, writers join a mission to provide high-quality, engaging content that resonates with readers around the world. Articles should be between 600-1200 words and must be original and unpublished elsewhere. Writers are recommended to include a brief bio (50-100 words) with the submission, along with high-quality, properly credited images when applicable. Submissions should meet the company’s rigorous standards for authenticity and relevance. How to Submit: Writers can pitch their ideas or submit article to editor@nativesprings.com. The officials are eager to collaborate with creative writer to create content that informs, inspires, and engages the global audience. About the Company - Native Springs: Native Springs is more than just a news platform; it is a vibrant community of curious, thoughtful individuals. Dedicated to bridging the gap between knowledge and action, Native Springs’ mission is to empower readers through information that shapes perspectives and drives decisions. Writers seeking more information about Native Springs can visit the website at https://nativesprings.com/ or contact the editorial team at editor@nativesprings.com. Follow Native Springs: Readers can stay connected with Native Springs by following their social media channels: Facebook: https://www.facebook.com/people/Native-Springs/61570464669690/ Instagram: https://www.instagram.com/nativesprings/ Pinterest: https://www.pinterest.com/nativesprings/ YouTube: https://www.youtube.com/@NativeSprings Contact Details Native Springs Shafraz Khan editor@nativesprings.com Company Website https://nativesprings.com/

December 25, 2024 07:30 AM Eastern Standard Time

Property Management Leaders Share Inspirational Holiday Message to K3 Tenants

K3 Holdings

K3 Holdings, a privately held real estate investment firm with extensive holdings throughout the United States and Alpine LA Properties, a leasing company providing newly remodeled apartments at affordable rates shared an inspirational holiday message to K3 Tenants and Alpine residents to encourage more community building over the holiday season. “As the holidays unfold with the celebrations of Christmas, Hanukkah, and other meaningful observances, K3 Holdings and Alpine LA Properties extend warm wishes to all, regardless of religious affiliation,” stated Michael Kadisha a K3 Principal. “This season is a time to reflect on what truly matters family, friendships, and the profound joy of spreading kindness.” “The holidays bring a unique opportunity to connect with loved ones, forge new friendships, and share moments that spark smiles and happiness. It’s undeniable that the warmth of the season is contagious, and its spirit can brighten lives across our communities,” Michael Kadisha continued. “As we embrace this festive time, it is also essential to remember those less fortunate. Recently, we observed National Homeless Persons’ Remembrance Day, a somber reminder of the challenges many are facing,” Nathan Kadisha said. “Additionally, we celebrated Veterans Day just a few weeks ago highlighting the sacrifices of those who have served, including the unfortunate reality that some veterans experience homelessness.” The property management team also shared a call to action to K3 Tenants and Alpine residents. “At K3 Holdings and Alpine LA Properties, we believe in the power of community and the responsibility to uplift one another. We encourage all our tenants and neighbors to join us in supporting those in need. Whether through charitable donations, volunteering at food banks, or sharing your unique talents, everyone has something valuable to offer,” Nathan Kadisha continued. The entire team at K3 Holdings and Alpine LA Properties are proud of the efforts K3 tenants make in creating stronger, safer, and more compassionate communities. Their dedication and generosity inspire us all to strive for a brighter future. Beyond their words, K3 Holdings and Alpine LA Properties have demonstrated a steadfast commitment to community building through tangible actions. By investing in property upgrades, hosting resident-focused events, and collaborating with local organizations, these property management leaders are creating environments where neighbors can connect and thrive. From neighborhood tree planting initiatives to art mural projects, the team’s efforts aim to foster not just places to live but places to call home. “At the heart of our mission is a belief that safe and vibrant communities are built on the foundation of strong relationships and shared purpose,” said Michael Kadisha. “Our investment in our properties is also an investment in the people who live there, ensuring they have a sense of security and belonging.” Additionally, the property managers actively engage with local charities and non-profits, furthering their impact on those in need – especially to combat the scourge of homelessness. By providing resources and support, and affordable housing options, they aim to uplift not only their tenants but also the broader community, setting an example of leadership and compassion in action. “This holiday season, let us come together to foster unity and goodwill. At K3 Holdings and Alpine LA Properties, our team remains committed to supporting our residents and communities every step of the way,” Michael Kadisha said. “From all of us, we wish you a joyous and meaningful holiday season filled with love, peace, and community spirit.” About K3 Holdings and Alpine LA Properties K3 Holdings and Alpine LA Properties are committed to creating strong, vibrant communities through thoughtful property management and a focus on fostering neighborly connections. By hosting community events and providing quality living spaces, we strive to make our neighborhoods places where residents feel a sense of pride and belonging. For more information or to schedule an interview with a K3 spokesperson, please contact Dan Rene at 202-329-8357 or dan@danrene.com Contact Details K3 Holdings Dan Rene +1 202-329-8357 dan@danrene.com Company Website https://k3holdings.com/

December 24, 2024 12:34 PM Eastern Standard Time

LogicMark Launches Critical New Device To Save Lives

Benzinga

By Johnny Rice, Benzinga Chia-Lin Simmons, CEO of LogicMark (NASDAQ: LGMK), was recently a guest on Benzinga’s All-Access. LogicMark is a leading provider of personal emergency response systems (PERS), health communications devices and IoT technologies to create a connected care platform. Its products help keep at-risk populations – young and old – safe. LogicMark just launched Freedom Alert Max, its new premiere safety smartphone. Its sleek design makes it a “PERS device in disguise.” Watch the full interview here: Featured photo by Tiago Muraro on Unsplash. 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

December 24, 2024 08:35 AM Eastern Standard Time

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Electromagnetic Interference Can Derail Critical Auto Safety Features - This Chip Maker May Have A Solution

Benzinga

By Johnny Rice, Benzinga Gideon Ben-Zvi, CEO of Valens Semiconductor ( NYSE: VLN ), was recently a guest on Benzinga’s All-Access. Valens is a leader in high-performance connectivity in semiconducting. The company’s chips can enable customers worldwide to transform digital experiences, power state-of-the-art audio-video installations, hold next-generation videoconferencing and participate in the evolution of ADAS and autonomous driving. Electromagnetic interference can disrupt a vehicle’s ability to perform as intended; Valens is striving to address this critical issue in the automotive industry. Watch the interview here: Featured photo by Samuele Errico Piccarini on Unsplash. 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

December 24, 2024 08:30 AM Eastern Standard Time

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News Release

Diabetics Trust Launches Transparency Pledge to Revolutionize the Sale of Diabetic Supplies

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Diabetics Trust, a leading buyer of diabetic supplies, has unveiled its groundbreaking Transparency Pledge, setting a new standard in the industry. This initiative ensures that individuals looking to sell diabetic test strips, CGMs, and other supplies experience a streamlined, transparent, and hassle-free process. The Transparency Pledge introduces clear guidelines, fair payouts, and fast payments within 1-2 business days of product verification. Unlike many competitors, Diabetics Trust eliminates hidden fees and ambiguous conditions, providing sellers with a reliable and predictable experience. Commitment to Transparency and Customer Satisfaction Diabetics Trust’s manager, James Mary, emphasized the company’s dedication to creating a fair marketplace. “Our mission is rooted in transparency. We believe our customers deserve clarity, fairness, and efficiency throughout the entire process. This pledge reflects our commitment to delivering an honest and seamless experience.” Addressing Rising Healthcare Costs With the increasing burden of healthcare expenses, selling unused diabetic supplies has become a practical way for individuals to recover costs. Diabetics Trust not only empowers sellers to earn extra cash but also contributes to sustainability by redistributing quality supplies to those in need. The company’s transparent process includes: Fast Payments: We always try our best to process payments within 1-2 business days after verification. PayPal payments are usually instant. No Hidden Fees: Sellers know exactly what to expect upfront. Return Option: Rejected items can be returned for a nominal fee. A Step Towards Sustainability By encouraging the resale of unused diabetic supplies, Diabetics Trust supports waste reduction and promotes access to affordable healthcare products. About Diabetics Trust Diabetics Trust is committed to empowering individuals through transparent, efficient, and ethical practices. The company specializes in buying diabetic test strips, CGMs, and lancets, ensuring customers receive the highest payouts with no surprises. For more information on how to sell diabetic supplies, visit DiabeticsTrust.com. Contact Details Diabetics Trust James Mary Support@diabeticstrust.com Company Website https://diabeticstrust.com/

December 24, 2024 07:14 AM Eastern Standard Time

News Release

Yair Fridrich Launches Guliverr to Transform the Freelance Marketplace

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Guliverr, a new platform founded by entrepreneur Yair Fridrich, has been introduced to redefine the freelance economy by providing businesses with access to the top 1% of freelancers. The platform aims to address challenges faced by companies in hiring high-quality talent, offering a curated marketplace that emphasizes quality, affordability, and efficiency. Innovative Leadership Behind Guliverr Yair Fridrich, a self-taught entrepreneur, has gained global recognition for his expertise in business strategy and growth. Despite lacking formal education, his contributions have significantly impacted industries such as aviation, finance, healthcare, and food services. His consulting services, known for their transformative results, have been sought by major corporations, including McDonald’s. Key Features of Guliverr Guliverr has been designed to address inefficiencies in the freelance marketplace, offering a streamlined experience for businesses and freelancers. Elite Talent Pool: A rigorous vetting process ensures that only the most skilled freelancers are available for hire. Competitive Pricing: Operational efficiencies allow businesses to access top-tier talent at fair and affordable rates. User-Friendly Interface: The platform simplifies the hiring and management of freelance professionals. Comprehensive Services: A wide range of services, including digital marketing, web development, and graphic design, is available to meet the needs of modern businesses. Impact on Businesses and Freelancers The platform is positioned to become an essential tool for businesses seeking reliable freelance talent. It eliminates uncertainties such as hidden fees and unverified qualifications, enabling companies to focus on achieving their objectives. For freelancers, Guliverr provides an opportunity to join an exclusive network, ensuring access to high-profile projects and fair compensation. Market Significance Guliverr’s introduction is timely, as the demand for remote work solutions continues to grow. The platform addresses critical gaps in the freelance economy, offering a dependable and scalable solution for businesses worldwide. About Guliverr Guliverr is a curated freelance platform designed to connect businesses with top-tier global talent. By prioritizing quality and transparency, the platform sets a new standard in the freelance economy, catering to diverse business needs. For more detail Visit https://guliverr.com Contact Details Guliverr inc Yair Friedrich info@guliverr.com Company Website https://guliverr.com

December 24, 2024 07:09 AM Eastern Standard Time

Valens' Double-Digit Growth Plans; ADAS, Video Conferencing, Industrial And Medical Imaging To Power Revenue

Benzinga

By Meg Flippin, Benzinga Advanced driver assistance systems are no longer reserved for luxury cars and trucks alone. Increasingly they are finding their way into all sorts of vehicles, including compact passenger vehicles, and for good reason – these systems increase safety and visibility. It’s why the advanced driver assistance systems – or ADAS – market is projected to see double-digit growth in the years to come. Today the market is valued at $34.93 billion. By 2031 it’s forecast to reach $73.74 billion, growing at a CAGR of 10.8% during the forecast period. It’s also partly why Valens Semiconductor (NYSE: VLN), the Israeli chipmaker, expects revenue in 2025 to grow 25% to 30% year-over-year and why, by 2029, it’s forecasting revenue of between $220 million and $300 million. "We have a tremendous growth opportunity ahead. Our growth strategy includes leveraging our core technology to serve new markets undergoing digital transformation, diversifying our revenue sources and augmenting organic growth with strategic acquisitions that will expand our market reach,” said Gideon Ben-Zvi, Chief Executive Officer, during Valens' recent investor day. “We believe this strategy can generate sustainable growth and create significant long-term value for our shareholders." It’s All About The Chipsets Valens makes high-performance chipsets that are integrated into a range of devices powering state-of-the-art audio and video installations, next-generation videoconferencing, ADAS and autonomous driving. The company says its A-PHY technology provides reliable and optimized connectivity solutions for OEMs that need long-reach, high-resolution video. Take the ADAS market, for starters. Valens says its A-PHY standard-compliant chipsets support the highest camera resolutions on the market, providing OEMS with high bandwidth and zero latency, two things that are becoming important as data rates rise in lockstep with the proliferation of sensors built into vehicles. The company’s chipsets also power centralized radar, which is a radar architecture that relies on a central processor to collect and analyze data from multiple radar sensors. Valens says its chipsets provide high downstream bandwidth and fast controls on the uplink, supporting the satellite radar architecture of tomorrow. Then there’s LiDAR, a remote sensing technology that leverages lasers to measure distances. Valens says its chips can support 360-degree lidars with adaptive digital signal processing and error correction. That tech prowess has landed the company some recent design wins. In the fall, Valens announced it achieved three automotive design wins from leading European OEMs for its VA7000 MIPI A-PHY chipsets. Each of the OEMs plans to embed Valens’ MIPI A-PHY chipsets in certain vehicle models with the start of production in 2026. Valens pegged the estimated production volume totaling approximately 500,000 vehicles per year. Once it ramps up, Valens expects the design wins to generate over $10 million in annual revenue for five to seven years. Valens said at the time that the design wins are validation of its position in the ADAS market, as well as MIPI A-PHY’s position as the industry’s standard for next-generation sensor connectivity. “As a former CTO and executive for major automotive OEMs, I can attest to how the industry has been waiting for a safe and resilient high-performance connectivity standard,” said Dr. Peter Mertens, Chairman of Valens, when the design wins were announced. “This is exactly what Valens has brought to the industry. I anticipate that this OEM validation will open the floodgates for further adoption of this important connectivity technology.” Beyond The ADAS Market But ADAS isn’t the only market where Valens expects to grow. The company’s chipsets are powering advanced video-conferencing, industrial machine vision and medical imaging. In video conferencing, Valens expects increased demand to be driven by AI meeting solutions that deliver high-quality video experiences for both remote and in-person meetings. With the ongoing trend of more video peripherals and more meeting rooms of all sizes, Valens plans to capitalize on its high-speed connectivity solutions, including its USB3 extension offering. The total addressable market for video-conferencing solutions is expected to grow to $350 million by 2029, forecasts Valens. Then there’s industrial machine vision which Valens says will be a total addressable market of $460 million by 2029. As for medical imaging, while Valens has supplied that market with chipsets for years, it’s now focusing on new opportunities specific to medical endoscopies and the shift to single-use devices for this procedure. The U.S. FDA is urging this transition to enhance patient safety and eliminate risk factors. Valens says its chipsets offer a simple, reliable and cost-effective solution for one-time use endoscopies. The annual total addressable market for single-use endoscopes could reach $625 million pending full regulatory approval and market adoption, reports Valens. All told, Valens says its verticals have a combined total addressable market of approximately $5.5 billion by 2029. Acquisitions are another potential growth driver. The company plans to pursue buys of companies that are revenue-generating and have a clear path to profitability in the ProAV, Industrial and Machine Vision markets. With over $133.1 million of cash and cash equivalents as of September 30, 2024, Valens says it has the firepower to pursue acquisitions that align with its strategy and goals for long-term growth and profitability. "Looking ahead, we are confident in our ability to capitalize on opportunities in both existing and new markets,” said Ben-Zvi. “With a talented team and more than 17 years of experience delivering cutting-edge technology, and a very strong balance sheet, we are well positioned to execute our disciplined growth strategy and deliver long-term value for our shareholders.” ThinkEquity Gets It It's not just Valens that’s optimistic about its future. Wall Street firm ThinkEquity recently initiated coverage of the stock with a buy rating and a $5 price target, which implies a triple-digit upside from where shares are currently trading. ThinkEquity analysts pointed to Valens' financial position, expanding product portfolio and “proactive” approach to the market for the buy rating. “Valens is well-positioned to deliver sustainable growth and create long-term value for stakeholders," wrote the ThinkEquity analysts. To learn more about how Valens chipsets are powering next-generation video and imaging technology, click here. Featured photo by Vitaly Sacred on Unsplash. 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 is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

December 23, 2024 08:30 AM Eastern Standard Time

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