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Dr. Fang Miao Wins Stevie Award For Thought Leadership Of The Year At 2024 American Business Awards

Rev Up Marketers

Dr. Fang Miao, President of The Association for the Protection of Asian Women in America, was named the winner of a Stevie Award in the Thought Leader of The Year category in The 22nd Annual American Business Awards. The American Business Awards gala dinner was held on June 11 in Manhattan, New York. As the President of The Association for the Protection of Asian Women in America, Dr. Fang Miao received the Bronze Award for Thought Leadership of the Year. The gala dinner was a spectacular event with a dazzling array of winners from different industries shining brightly. Dr. Fang Miao, an author, educator, philanthropist, composer, and spiritual growth mentor, is dedicated to nurturing social practitioners, young leaders, and entrepreneurs. During her acceptance speech and subsequent media interviews, Dr. Fang Miao urged society to embrace the vital responsibility of empowering women with self-awareness and wisdom for personal growth. She passionately asserted that every woman has the potential to become a leader and radiate her own unique brilliance. In the world, women are often seen as vulnerable, and many have suffered discrimination and oppression because of this perception. However, in the natural world, women are the most powerful nurturers, capable of ensuring the continuation of all living beings. They are also the greatest carriers of legacy. We, as a global human community, should set aside biases, open our hearts, and cease attacking one another in order to collectively build a harmonious and beautiful world. "Changing the human condition, speaking up for women." The Association for the Protection of Asian Women in America will continue to assist society as a whole and all women in breaking free from constraints, stepping into the light, and growing in a world filled with love. Living with the radiance of the sun. As we move forward, let us ensure that every woman's voice is heard and her potential is realized. By fostering environments where women can thrive, we contribute to the prosperity and advancement of society. Together, we can dismantle barriers and create a world where every woman is free to pursue her dreams and shine in her own right. Spiritual growth is the best protection for oneself. Let us stand united, with compassion and determination, to forge a future where respect and love prevail. About The Association for the Protection of Asian Women in America The Association for the Protection of Asian Women in America (PAWA) is a charitable organization in the United States aimed at providing assistance and services to the Asian American women community. The association is headquartered in Manhattan, New York. It enhances the self-protection awareness of Asian American women and raise social awareness of Asian American protection by offering free training, organizing charity and fundraising events. Furthermore, it provides financial support for Asian American women's protection activities on a global scale. Learn more about PAWA at http://www.pawaus.org. Connect PAWA at info@pawaus.org. About the Stevie Awards Stevie Awards are conferred in nine programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards, The International Business Awards, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, the Stevie Awards for Sales & Customer Service, and the new Stevie Awards for Technology Excellence. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Contact Details The Association for the Protection of Asian Women in America Genica Gao info@pawaus.org Company Website http://www.pawaus.org/

June 18, 2024 11:05 AM Eastern Daylight Time

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Handlery Hotel to “Brighten Up” Union Square With a Summer of Lights

Handlery

Handlery Hotels, California’s oldest family-owned and operated hotel company, is shining a light on San Francisco neighborhoods with their Summer Lights celebration from June through August. Beginning June 15, the Handlery Union Square Hotel will kick off the celebration by lighting up the hotel with new dynamic streaming lights. Part of a complete refurbishing of the exterior façade, the lights brighten up the Union Square area as it continues to make a comeback. “We had the bright idea that we should support the City’s efforts to help neighborhoods in San Francisco continue positive steps for the benefit of the residents and our visitors,” said Jack Handlery, General Manager of the hotel. To recognize Pride month, the Handlery Family is donating $10,000 to SF LGBT Center in the Castro neighborhood. Come July, the family will donate another $10,000 to the Salvation Army’s Kroc Center in the Tenderloin. To wrap up the summer, a final $10,000 will be given to the Booker T. Washington Community Service Center. “We’re hoping this inspires others to give back to San Francisco’s neighborhoods and support the City by the Bay as it returns to its beauty,” remarked Jack Handlery. About Handlery Hotels Handlery Hotels, founded by Harry Handlery in 1928, have been serving guests for just shy of 100 years. Two ideally located properties welcome guests visiting both northern and southern California: Both hotels, The Handlery Union Square Hotel in San Francisco and Handlery Hotel San Diego, feature outdoor heated swimming pools, onsite parking, and are conveniently located to local attractions. Check out San Francisco’s new “ Splash Play Stay Summer Package ”. Frequent guests can take advantage of the Handlery Rewards program, which offers one free night after every 10 nights you stay at either California location. For more information, please visit www.handlery.com. Media please note: For interview requests and photos, please contact Robin Carr at (415) 971-3991 or robin@landispr.com. ### Contact Details Landis Communications Inc. Robin Carr +1 415-971-3991 handlery@landispr.com

June 18, 2024 08:02 AM Pacific Daylight Time

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Daily Mail Unveils New Global Video Strategy and Commercial Opportunities

Daily Mail

Today, Daily Mail launches an innovative video offering, including a slate of premium content and original video franchises to roll out on YouTube and other major video platforms. Over the next year, content ranging from 15 to 30 minutes will reflect Daily Mail’s award-winning editorial coverage of entertainment, news, sports, true crime, and royals. Coinciding with the launch of new premium shows, the publisher is giving advertising partners unprecedented access to its global production and authoritative editorial talent, through Daily Mail’s “Global Video Studio”. The new commercial offering enables brands to seamlessly integrate and align themselves with key cultural moments and conversations. The studio will be accessed via global commercial sales teams, leveraging the ‘seriously popular’ editorial video franchises across shows, social and shopping, via a complete 360 approach. Daily Mail currently has more than 20 shows in development. These include ‘Price of Fame,’ which breaks down the surprising details of exactly how expensive life becomes when you’re famous, ‘Your Body on Sport’ that goes deep into the physiology that governs professional athletics, ‘Expert by Decade,’ where three people who held the same job at three different times in history explain how that profession has changed, and more. All these titles will launch over the next six months, with the Global Video Studio seamlessly integrating brands in an authentic and engaging way for consumers. Tony Manfred, Global Head of Video, Daily Mail said: “People are obsessed with video, and publishers are extremely well positioned to create and distribute that video across phones, computers and connected TV, on a global scale. As master storytellers and content creators, with a huge breadth of quality content expertise and capabilities, we are incredibly excited about and committed to becoming the world’s most popular video publisher. We’ve built a team to produce a huge variety of repeatable, identifiable, and premium quality shows, to engage millions of views on YouTube and across our distributed platforms, reaching more valuable audiences than ever before, wherever they’re consuming content. ” The launch of the new offering builds upon the tremendous success of Daily Mail’s video strategy to date. Currently, Daily Mail is the largest publisher on TikTok with more than 13 million followers and one billion monthly views, as well as delivering over 125 million monthly views on YouTube. The new premium series will amplify the publisher’s current video output and remarkable pace of short and long form video content creation. Dominic Williams, Chief Revenue Officer, Mail Metro Media said: “As growth in video consumption continues, we’ve adapted to give our global audiences access to the most captivating stories, and now advertisers have access to our premium video production capabilities. We’ve already seen huge audience growth across social platforms and have the media ecosystem to support this brand-new proposition, engaging younger and more diverse, as well as existing loyal audiences, with the Daily Mail brand.” Hannah Buitekant, Managing Director - Digital, Mail Metro Media said: “At Daily Mail, we excel in crafting captivating content across all formats. From our rich legacy in written words to our cutting-edge audio and video productions, we deliver compelling omnichannel experiences. This expertise allows advertisers to connect with highly relevant and engaged audiences through innovative strategies. Leveraging the esteemed Daily Mail brand and the expansive capabilities of our Global Video Studio, we offer brands seamless and authentic integrations with our authentic editorial content. Distributed across platforms such as YouTube, social video, and on-site vertical video, our solutions open up a 360-degree world of opportunities for advertisers.” Additionally, Daily Mail will offer premium sponsorships, native integrations, commerce focused “playlists” with Q&A and Live experiences, all delivered with outcomes across a growing video portfolio. About Daily Mail Daily Mail is an award-winning, multi-platform news brand reaching more than 150 million domain and app visitors* each month. With its unique blend of breaking news, agenda-setting exclusives, showbiz, Femail, health, sport and lifestyle stories, the world-famous Mail brand spans print, digital, video, audio and social media. Together, its global newsroom of journalists, formidable story-getting power, and breadth of content formats, deliver highly engaging, trusted Daily Mail content to millions of loyal and new audiences, 24 hours a day, seven days a week. Daily Mail is the largest news publisher on TikTok with more than 13 million total followers and more than eight billion views in the past year. A trailblazing global phenomenon, Daily Mail is part of dmg media. Contact Details Kite Hill PR Maggie Stasko dailymail@kitehillpr.com Company Website https://www.dailymail.co.uk/ushome/index.html

June 18, 2024 10:30 AM Eastern Daylight Time

AI evaluation start-up Maxim AI raises $3M from Elevation Capital to help enterprises test and rapidly ship AI products

Maxim AI

Maxim AI, an enterprise-grade evaluation and observability platform for AI applications, announced a $3M funding round led by Elevation Capital. The round also saw participation from marquee angel investors including founders of Postman, Chargebee, Groww, Razorpay, Media.net, among others. With the infusion of capital, Maxim announced the General Availability (GA) launch of their platform, marking a significant milestone in their journey. With the recent explosion of large language models, the race to build & deploy AI applications has intensified. Traditionally, software was built in a deterministic paradigm with standardised best practices for predictably testing performance and systematically improving products, tightly integrated into the development lifecycle. Generative AI products, however, are getting built in a non-deterministic paradigm with unpredictable variability in quality and performance depending on factors including models, parameters, data or context, or simply the framing of the question. Moreover, challenges around hallucinations, inaccuracies, safety, and output structure lead to compromised user experiences and reputational risks for organisations. Organisations are resorting to non-scalable techniques, high-paid manual effort, and tediously slow iteration cycles as they test and ship their AI into production. Founded in 2023 by Google-Postman duo Vaibhavi Gangwar and Akshay Deo who collectively bring over a decade of experience in building AI and developer-focused tools, Maxim aims to bring the best practices of traditional software development to streamline AI development workflows. Maxim’s infrastructure, which sits between the foundational model and application layers of the AI stack, is deeply focused on AI developers who comprise the traditional AI/ML engineers as well as the emerging class of backend engineers now leading AI development across organizations. The Maxim stack provides end-to-end AI evaluation across the development lifecycle: right from prompt engineering, pre-release and post-release testing for quality and functionality, to data management and fine-tuning. While the automated evaluation platform by itself helps teams ship products >5x faster, the platform also offers the critical last-mile for evaluation including support for human evaluation as well as custom datasets and models. “ Even though we are seeing tremendous value creation in the AI hardware and foundational model stack, for the benefits to be realized meaningfully up the value chain, we need the products built on top of the generative AI stack to be trustworthy and reliable. This makes evaluation a very critical piece of AI infrastructure. However, today there is no standardization in the generative AI testing space unlike traditional software development. That’s where Maxim comes in: with our users, we have become this very core piece of infrastructure that is powering high quality AI development, streamlining team collaboration, and saving development teams hundreds of hours per month, ” said Vaibhavi Gangwar and Akshay Deo said in a joint statement. Talking about the investment Akarsh Shrivastava, Principal, Elevation Capital said, “ Maxim AI is addressing a crucial need in the evolving AI landscape. Their focus on creating a standardized, scalable evaluation infrastructure addresses a deep pain point for AI developers. As the complexity and diversity of AI use cases continue to rise, Maxim's platform will play a critical role in ensuring trustworthy and reliable AI systems. We are super excited to partner with Vaibhavi and Akshay as they build Maxim into a critical piece of this AI catalyzed paradigm shift we are going to see. ” So far, in private beta, the company has attracted multiple global customers who are at the forefront of the AI revolution. Looking ahead, Maxim is committed to expanding its platform capabilities including proprietary domain-specific evaluations for quality and security as well as its data engine to accelerate reliable and scalable deployment of AI products. The company plans to use the funds to expand its world-class team and scale its operations to partner with more leading enterprises building AI products. About Maxim AI Founded by Vaibhavi Gangwar and Akshay Deo, professionals with over a decade in AI and developer tools at top technology firms (including Google, Postman, and Slack), Maxim AI is the generative AI evaluation and observability platform for modern AI teams. It streamlines the entire AI development lifecycle from design to production, enabling faster, reliable, and high quality deployment of AI across organizations. About Elevation Capital Elevation Capital is a leading venture capital firm that provides seed and early-stage capital for emerging companies in India. Having invested in India since 2002, Elevation has deployed over $2.6 Bn of capital in 190+ companies. The firm announced its eighth pool of capital of $670 million in April 2022. Co-led by Managing Partners Ravi Adusumalli and Mukul Arora, along with Partners Mridul Arora and Mayank Khanduja, the firm has invested across Consumer Internet, SaaS, Fintech, Consumer Brands, Edtech, Healthtech and Deeptech. Elevation Capital has offices in Bengaluru and Gurgaon. Contact Details Maxim AI Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.getmaxim.ai/

June 18, 2024 09:00 AM Eastern Daylight Time

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Prosperr.io Secures Funding to Launch AI Tax Management Solution for US Individuals

Prosperr.io

Prosperr.io, A leading Fintech Platform, solving tax for individuals, has secured a $1.55 Million pre-seed funding round. The round was led by Gokul Rajaram, a Board member at Pinterest and Coinbase, and prominent investor, known for backing exceptional companies like Faire, Figma, and Airtable. The round also saw participation from notable angel investors including Vinodh Bhat (Co-founder JioSaavn), Ramakant Sharma (Founder Livspace), Kunal Shah(QED Ventures), Saurabh Jain (CEO, Livspace), among several others. Founded in March 2022, Prosperr.io offers a subscription-based product designed to manage income tax comprehensively for individuals, ensuring maximum eligible tax savings and compliance. By using deep-tech products powered by AI, the company aims to create a digitally intelligent solution, benefiting millions worldwide. The capital raised will be used primarily to launch the product in the US market. "With the growing population of high tax-payers and the ever-changing complexity of income tax regulations, there's a need for user-friendly, technology-driven solutions. Our mission is to address this challenge by developing AI-powered solutions that redefine tax management and help our customers save money while achieving their financial goals. We've already seen significant traction in India market with employees of 1,500 companies using Prosperr.io.” Manas Gond, CEO & Co-founder, of Prosperr.io. They have launched the “Super Saver” product for the India market. It's an AI powered tax management product. The “Super Saver” product tracks subscribers’ income and spending in order to provide a continually-updated snapshot of what they owe in tax, and to recommend strategies for reducing the liability while remaining compliant. An AI-driven engine sitting behind, scans tax codes and curates personalized recommendations for each user according to the reliefs their financial affairs may qualify them for. They are planning to launch the Super saver for people in the US market by 2024. They are raising more funds to evolve their AI solution to work across geography & laws. The Super Saver product has gained very good traction with 7,000 taxpayers signed up so far. Prosperr’s founders expect to secure annual recurring revenues of $1 million within the next month or so. On the funding, Gokul Rajaram, Investor, Board Member - Coinbase, Pinterest and The Trade Desk states, "I'm excited to support the Prosperr team on their mission to build the best tax optimisation platform for consumers not just for India but for the world. The world of taxes is complicated and confusing, and Prosperr's AI platform helps individuals and employees stay compliant while maximizing tax savings." International expansion is an important part of the strategy for achieving that goal, with Prosperr now planning a launch into the US market, another country where income tax compliance is different. They are developing a smart AI-Engine to work on any tax-codes and jurisdictions, which supports their vision to go global in the coming future. On the funding, Dev Kumar, CPTO & Co-Founder of Prosperr.io says, “ We are building a constitutional AI agent to solve tax globally. Our product philosophy has always been to build products personalized for the users. We understand user’s financial data in depth to generate capability to develop AI-solutions to simplify personal-finance in future for the users across the globe. Our next step is launching in the US market to amplify.” About Prosperr.io Prosperr.io, a new-generation fintech company, is an AI-driven platform that simplifies tax management for individuals. It was founded in March 2022 by Manas Gond & Dev Kumar with a vision to streamline personal finance and help customers achieve their financial goals. The company offers two core products: the Super Saver Product, which helps individuals plan & save their taxes efficiently, and the FBP Benefit Product, which enables employers to provide non-taxable allowances. This helps people increase their take-home salary through their easy-to-use FBP product for claiming non-taxable allowances. Prosperr.io is committed to making tax simple for people through innovative AI solutions. Contact Details Prosperr.io Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.prosperr.io/

June 18, 2024 09:00 AM Eastern Daylight Time

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Bing Ventures Supports TON Ecosystem

Bing Ventures Limited

Bing Ventures, a pioneering venture capital firm backing early-stage projects and outstanding fund managers in Web3 and crypto, has announced comprehensive support for The Open Network (TON) ecosystem across its capabilities and network, including investment, resource sharing, project advisories, and more. TON is a Layer 1 network originally designed by Telegram and continued by the open-source community. With its integration with Telegram, one of the world’s leading messengers, TON offers speed, scalability, unique features, and versatility for a wide range of applications. Bruce Lan, General Partner of Bing Ventures, said that the team believed that TON would lead the charge in achieving mass adoption for Web3. As part of the initiative, Bing Ventures will invest in innovative teams and projects that leverage TON’s unique advantages to unite the Web2 and Web3 worlds and provide fundraising assistance, including referrals to potential investors, to projects coming out of TON’s acceleration programs. Leveraging its strong research and data analytics capabilities, the firm will also contribute to TON accelerators in terms of research-based mentorships, training, and project advisories. Additionally, embodying Bing’s vision of fostering disruption and innovation for greater adoption, Bing Ventures will also curate meaningful and educational events worldwide to inform, inspire, and support founders and entrepreneurs in TON ecosystem and the broader crypto world. The initiative will also include BingX, one of the leading centralized crypto exchanges, supporting TON ecosystem projects through token listing, liquidity provision, custom integration, and awareness campaigns to enhance their accessibility. Bing Ventures is the latest firm that joins a list of institutional investors and organizations, including Animoca Brands and Pantera Capital, to voice support for the blockchain. As of the press release, TON’s Total Value Locked surpassed $500 million, representing a growth rate of over 2,000% from the $22.9 million recorded in March 2024. About Bing Ventures: Bing Ventures is a pioneering venture capital and research firm affiliated with crypto exchange BingX. Founded in 2021, it aims to support transformative blockchain and crypto ventures and outstanding fund managers driving the next wave of innovations. With a sector-agnostic, value-investing approach, it has a portfolio of more than 50 companies spanning infrastructure, DeFi, GameFi, Web3, and more, including, among others, Avail, Berachain, Manta Network, Pixelmon, Unisat, and Solv Protocol. Bing Ventures is also a Limited Partner (LP) of several leading crypto funds, including those managed by Hack VC, Bankless Ventures, Maven 11 Capital, IOSG Ventures, and Figment Capital. For more information, visit Bing Ventures' Official Website | LinkedIn | Twitter. Contact Details Bing Ventures Jenny Liu +86 159 2140 1005 jenny@bing-ventures.com Company Website https://www.bing-ventures.com/

June 18, 2024 09:00 AM Eastern Daylight Time

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Wellness And Dietary Supplement Company Safety Shot Reports Bringing World's First Patented Rapid Blood Alcohol Detox Solution To Market

Benzinga

By Anthony Termini, Benzinga The last nine months have been busy for Safety Shot (NASDAQ: SHOT), a developer of over-the-counter and prescription-grade health and wellness products based in Jupiter, Florida. The company launched its eponymous beverage – Safety Shot, a groundbreaking drink that alleviates the effects of alcohol – in the third quarter of 2023. Since then, Safety Shot has been actively building its business and market share. What Makes The Safety Shot Beverage So Unique? The Safety Shot beverage’s makers share that it’s a proprietary blend of natural ingredients carefully crafted to reduce blood alcohol levels. It is a holistic solution designed to support liver and brain function and to swiftly alleviate the effects of alcohol consumption. There are certainly other “hangover cures” marketed as treatments for overindulgence. While some are herbal remedies, others include large amounts of sugar. Still others rely on caffeine, which science suggests may be unwise. It is a reliance on science that makes Safety Shot’s solution unique. While other “remedies” may relieve some of the symptoms of alcohol consumption, they do not address its harmful effects. Safety Shot says its patented formula is a precise combination of nootropics, vitamins, amino acids and minerals formulated to support the maintenance of muscle and brain function. Backed by extensive research, Safety Shot accelerates recovery because it helps the body process alcohol more efficiently. This provides liver support by reducing alcohol absorption. Safety Shot also helps restore the central nervous system, cognition and the motor cortex. As such, it can improve mental and physical well-being. Academic research published by the National Institutes of Health has shown that some of the ingredients in Safety Shot can “improve the brain’s supply of glucose and oxygen, have antihypoxic effects, and protect brain tissue from neurotoxicity.” Safety Shot Is Addressing A Chronic Problem And A Huge Market Opportunity According to the Centers for Disease Control and Prevention, about 178,000 people die from excessive alcohol use each year in the United States. To address a component of this chronic problem, Safety Shot is developing a concentrated form of its functional beverage platform that could be used to treat alcohol poisoning in hospitals and other emergency settings. “With 52 million people rushed to the ER each year due to acute alcohol consumption, we believe that prescription-grade Safety Shot could be used in a variety of settings,” said Dr. Glynn Wilson, Safety Shot’s Chief Scientific Officer. At the same time, the company remains committed to the booming global consumer market for hangover cure products. That market is estimated by Zion Market Research to reach roughly $9.5 billion by 2032, growing at a CAGR of 14.5% over 2023-2032. More than a third of that total will come from the United States. Recent Distribution Deals Translate To Nationwide Availability In May, Safety Shot entered into an agreement with GoBrands, Inc., the company that owns online consumer goods and food delivery service GoPuff. "We are thrilled to launch Safety Shot with GoPuff, a company with millions of monthly shoppers, offering a unique and reliable experience for customers nationwide," said Josh Wagner, Safety Shot’s Chief Revenue Officer. The national reach of GoPuff is augmented by its regional retail distribution strength. The company owns BevMo!, which has stores throughout California, Arizona, and Washington. Its Liquor Barn subsidiary puts Safety Shot into more than 20 stores in Kentucky. Within weeks of announcing the GoPuff deal, Safety Shot also entered into distribution agreements with major distributors such as Capital Drugs, Prime CSB, Mr. Checkout and BM Distributors. The deals expand Safety Shot’s footprint in key markets. The BM alliance puts Safety Shot into stores throughout Southern California and gives it an immediate presence in Las Vegas, where it reaches a core tourism audience. According to Josh Wagner, Safety Shot's Chief Revenue Officer, the Prime CSB opportunity opens up “two high-volume regions that make up a significant part of our overarching Northeast expansion efforts.” Furthermore, the Capital Drugs agreement gives Safety Shot shelf space in 300 drug stores across the United States and enhances the brand’s identity as a functional wellness beverage. At the same time, the company is working on expanding its B2B sales strategy by working with restaurants and bars (and the distributors that service them) to expand Safety Shot’s availability. The Safety Shot Team Includes Leaders In The Wellness And Dietary Supplement Industry Safety Shot, which was built on a foundation of robust clinical data, has added a number of key executives to its management team and advisory board. Among them is David Sandler, the company's Chief Operating Officer, who has over three decades of experience in the health and nutrition industry. David J. Long, the CEO and co-founder of Orangetheory Fitness, has also joined the company’s Board of Directors, as has newly appointed CEO Jarrett Boon, who has more than 30 years of experience creating and growing successful businesses. The Honorable Jack Brewer, M.Ed., a White House Presidential Appointee and Former Ambassador, joined Safety Shot’s board in 2023. Safety Shot Continues To Build On A Solid Foundation In addition to its recent distribution pacts and management appointments, Safety Shot has also enlisted a number of celebrity influencers to help promote the brand. These include record-breaking pro skateboarder Danny Way, Multiplatform Entertainer Matthew Espinosa and mixed martial artist Jorge Masvidal. Additional funding for Safety Shot’s operations and promotional efforts was recently secured through the successful private placement of a pure equity investment from private institutional investor, Core 4 Capital Corp. Safety Shot raised gross proceeds of $5 million in the arrangement, which company management says will help it create its own product category – rapid alcohol detoxification. Click here for more information about Safety Shot’s blood alcohol-reducing beverage. Investors interested in owning shares of Safety Shot stock can begin their research at Compass Live Media. Image sourced from Shutterstock 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

June 18, 2024 08:45 AM Eastern Daylight Time

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Retail Trading Is Booming But Which Platform Is The Best For Investors?

Moomoo

By Faith Ashmore, Benzinga The world of retail options trading is drastically different than a decade ago. Digital technologies and online trading platforms have enabled the democratization of trading and ushered in a new era of modern traders. Now virtually anyone can enter the industry with varying degrees of knowledge and potentially be successful. Long gone are the days when interested parties had to be connected with a broker to help them reap the potential rewards of the stock market and options trading. Interest In Online Trading Soared During The Pandemic The advent of digital technology has largely driven the modernization of the stock market and options trading because potential investors are no longer reliant on brokers or hedge funds to access the market and gain education. As technology evolved, financial companies entered the scene to provide access to retail traders interested in day trading as well as options trading. What no one could predict, however, was the effect that the global pandemic would have on retail trading. During the pandemic, interest in the stock market soared, and meme stocks like GameStop (NYSE: GME), AMC (NYSE: AMC), and Bed Bath & Beyond (OTC: BBBYG) garnered global attention. The 2021 GameStop short squeeze was a monumental event in trading where online forums like Reddit’s WallStreetBets conversations helped drive up the stock price of Gamestop, causing influential hedge funds to report major losses. The GameStop short squeeze brought attention to the democratization of investing and the potential power that retail investors had in the markets. Between Jan. 25 and Feb. 1 2024, retail traders set a new trading volume record, amassing 23% of total trading volume according to Forbes. While online trading platforms have gained popularity and allowed new traders to access the stock market, they have also been criticized for fees that add up. Companies like moomoo have recently gained attention as an alternative to platforms like Robinhood due to its low costs, among other things. What Makes Moomoo Different? Moomoo is an all-in-one trading platform and financial information app provided by moomoo Technologies Inc. In 2018, the company expanded its audience to the U.S. customers with a platform that offers commission-free online investing services, aiming to provide an intuitive and powerful investing experience for investors at any level, at a low cost. Moomoo stands out in the market by providing users with access to a wide range of tools and resources such as real-time market data, including Level 2 data*, educational materials, and a robust, inclusive community forum to share trading ideas. All at no or low costs. By offering features like commission-free trades**, and access to market news from premium sources, the company has set itself apart from competitors in additional ways. Moomoo offers 16-hour trading days and is well known for its $0 commissions on U.S. stocks, ETFs, and options**. The company also boasts free real-time Level 2 data* and $0 account minimums and trade minimums. Recently, moomoo has been highlighting its options features and tools to investors. Along with offering options trading through competitive rates, such as zero options trading commission fees*, their pricing includes reduced contract fees for index options and zero contract fees on equity options. The company says this makes them unique in a crowded field, helping them to be in position to become the market’s budget-friendly premium options platform of choice. So, what else makes moomoo stand out from their options trading competition? It’s also their variety of free options analysis tools on the app. Take a look at some features from their comprehensive options toolkit for traders – all without any additional fees or charges. Real-time Level 2 data for funded accounts with up to 60 level bids/asks price levels Unusual options activity 0 Days to Expiration (0DTE) options by volume Customizable options chain Options calculator Implied volatility analysis 13 pre-built options strategies*, including customization opportunities Seamless trading across the app and the desktop Moomoo also offers promotions for new and current users. They change throughout the year, but at the time of writing, promotions included 8.1% APY(1) on idle cash for a limited time and up to 15 free stocks with a qualified deposit, until July 31, 2024. Learn more about moomoo’s promotions here for new users and current users. Retail Trading Is Here To Stay Last year marked a stock market rally with 40% of retail investors responding to a moomoo survey reporting profits – an increase from just 15% in 2022. The options market had a strong year too with record-setting volume numbers. Cboe Global Markets, one of moomoo’s partners, saw total volume across its four options exchanges hit 3.7 billion contracts – its fourth straight record-breaking year. Despite market challenges, there is an overall optimistic view of 2024’s potential. A recent moomoo user study, demonstrated the belief in the potential for the bullish trend to continue into 2024, leading many to increase their trading activity and invest more in their accounts. "More users seem to be buying into the 'soft landing' economic scenario in the U.S. This has led to a more positive outlook on markets on average and increased stock trading," said Justin Zacks, Vice President of Strategy at moomoo. Retail trading isn’t going anywhere, anytime soon and platforms like moomoo are only driving the industry forward. Featured photo by Aidan Hancock on Unsplash Moomoo is an investment and trading platform that empowers global investors with pro-grade, easy-to-use tools, data, and insights. We believe investing is a transformative and long-term journey. That's why moomoo empowers investors with the tools and data they need to help unlock their financial potential today and in the future. Whether you're a beginner or a pro, moomoo is here to power your investment journey. With access to a wide range of both user-friendly and advanced features, including real-time market data, technical analysis tools, and in-depth order book data moomoo users can potentially enhance their trading strategies to pursue their goals. Our mission is built on three core values: transparency, innovation, and community. By using these values to guide us, we deliver a comprehensive investment experience for individuals across all trading levels. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. *Level 2 data is complimentary for 30 days for users with new approved Moomoo Finanical Inc. brokerage accounts. Thereafter, users who don't maintain a minimum account value of $100 will only have access to level 1 data. Other conditions apply, to learn more, visit https://www.moomoo.com/us/support/topic3_435 ** $0 commission trading is available only to U.S. Residents trading in the U.S. markets through Moomoo Financial Inc. Other fees may apply, for more information, visit moomoo.com/us/pricing Options trading entails significant risk and is not appropriate for all investors. Certain complex options strategies carry additional risk. It is important that investors read Characteristics and Risks of Standardized Options ( https://j.us.moomoo.com/00xBBz ) before engaging in any options trading strategies. Margin trading entails greater risk, including risk of loss and incurrence of margin interest debt, and is not suitable for all investors. Please assess your financial circumstances and risk tolerance before trading on margin. The Margin Rate is subject to change without notice. See https://www.moomoo.com/us for the most current rates. Investing involves risks. There is no guarantee or assurance that the use of any tools or data provided on the moomoo app will result in investment success or reduce investment risk. Past performance is no guarantee of future results. Benzinga was commissioned for this article and is not affiliated with the moomoo app or it's affiliated companies. This includes Moomoo Technologies Inc. (MTI) provider of the app and Moomoo Financial Inc. (MFI) Member FINRA/SIPC, which offers securities in the U.S. Any comments or opinions provided herein are Benzingaâs. MTI, MFI, or their affiliates do not endorse any trading strategies that may be discussed or promoted herein. Day trading generally isn't appropriate for someone of limited resources, limited investment or trading experience and low risk tolerance. A day trader should be prepared to lose all of the funds used for day trading. Before considering day trading, read and understand the Day-Trading Risk Disclosure Statement. ( https://www.finra.org/rules-guidance/rulebooks/finra-rules/2270 ) Meme stocks tend to have high volatility and can experience significant fluctuations in short periods or time and the potential for limitations in liquidity. A meme stock is a stock that gains popularity among retail investors through social media. Investing in these stocks involves risks, including the potential of losing the entire investment quickly. Contact Details Klim Yeeloy kyeeloy@us.moomoo.com Company Website http://www.moomoo.com

June 18, 2024 08:35 AM Eastern Daylight Time

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The Future Of Bitcoin Mining According To The Industry's Leading Players

Benzinga

By Austin DeNoce, Benzinga A recent Mining the Future: A Bitcoin Halving Roundtable discussion featured top executives from leading public Bitcoin mining companies, and focused on the implications and future prospects following Bitcoin's fourth halving. Hosted by Natalie Brunell from the Coin Stories podcast, the panel included notable figures such as Fred Thiel of Marathon Digital Holdings (NASDAQ: MARA), Harris Basit of BitDeer (NASDAQ: BTDR), Tyler Page of Cipher Mining (NASDAQ: CIFR), Zach Bradford of CleanSpark (NASDAQ: CLSK) and Nazar Khan of TeraWolf (NASDAQ: WULF). The roundtable aimed to shed light on the mining industry, the impacts of the halving, and what the future of Bitcoin mining looks like. Key Takeaways From The Discussion Economic model and industry impact: The panelists emphasized Bitcoin’s economic model – likening it to the scarcity of precious metals – which is reinforced by the halving events, this time reducing the reward from 6.25 to 3.125 bitcoins per block. These events underscore Bitcoin's predictability and deflationary nature, which contrasts with the manipulability of fiat currencies. Adapting to new normals: With the reduction in block rewards, there's a significant push toward technological innovation and efficiency in mining operations. Companies are compelled to deploy more energy-efficient mining rigs and explore new locations with cost-effective energy solutions to sustain profitability. Economic and regulatory challenges: The roundtable also touched on macroeconomic instability and inflation, highlighting Bitcoin’s appeal as a non-sovereign store of value. However, regulatory uncertainties remain a significant concern, with calls for clearer frameworks to support Bitcoin adoption while ensuring market integrity and consumer protection. Sustainability efforts: Environmental impact was a major focus, with companies discussing initiatives adopt renewable energy sources and implement waste heat recovery systems to reduce carbon footprints and enhance public and regulatory acceptance. Future insights: Looking forward, Bitcoin’s role in the financial ecosystem is set to evolve; potentially increasing its utility beyond just a store of value. Technological advancements such as AI and improved data analytics are expected to drive further efficiencies. From an investment standpoint, mining stocks may offer significant returns during market upswings due to operational efficiencies. Bitdeer, Marathon And CleanSpark’s Difference In Strategy One key aspect of the panel was the various strategies deployed by the largest Bitcoin mining companies. Bitdeer differentiates itself from the other miners due to its focus on becoming entirely vertically integrated. Echoing the ethos of Bitcoin itself, it strives to eliminate counterparty risk. An area of particular focus is semiconductor technology, which enhances mining efficiency and has seen little innovation since 2014. By prioritizing advancements in chip architecture, including its custom SEAL01 Bitcoin mining chip, Bitdeer is striving for independence in a market largely beholden to manufacturing improvements from outsiders like Taiwan Semiconductor (NYSE: TSM). Marathon has also invested heavily in its own technology to optimize operations and maintain competitiveness, focusing on utilizing stranded energy resources and selling excess heat back into various processes. Their goal is to achieve zero-cost energy to enable sustainable Bitcoin mining indefinitely. Additionally, Marathon has heavily invested in automating its operations to ensure maintenance is minimal and efficient. They have also invested in Auradine, a new player in the mining rig space, and launched advanced dual-phase immersion systems. However, unlike Bitdeer, Marathon has yet to deploy its own in-house mining technology, leaving it exposed to potential counterparty risk. CleanSpark, on the other hand, has adopted a very different approach by focusing on operational mastery in Bitcoin mining and forming strategic partnerships for other specialized areas like chips. Rather than diversifying or investing heavily in technology itself, it has opted to rely on partners to do the heavy lifting in those areas. CleanSpark believes this approach allows it to maintain high uptime and operational efficiency by leveraging the expertise of its partners, though it does expose the company to supply chain or partner risks by outsourcing critical elements of its business. The Future Of Bitcoin Mining Overall, the Mining the Future roundtable provided valuable insights into the strategic adjustments and innovative approaches that mining companies are adopting in response to market changes and the Bitcoin halving. As the industry continues to evolve, the emphasis on technology, efficiency and sustainability is likely to continue shaping the future landscape of Bitcoin mining, offering both challenges and opportunities for companies like Bitdeer, Marathon and CleanSpark. However, companies like Bitdeer pursuing vertical integration and in-house R&D have a strategic long-term advantage by reducing counterparty risk and optimizing efficiency through tailored customization. For investors and enthusiasts, understanding these dynamics is crucial for navigating the market and identifying the likely winners in the space. Featured photo by Kanchanara 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

June 18, 2024 08:35 AM Eastern Daylight Time

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