NEW YORK, June 28, 2022 (GLOBE NEWSWIRE) — Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from CEO’s of: Snowflake Inc. (NYSE: SNOW), Nextech AR Solutions (OTC: NEXCF) (CSE: NTAR), Smart for Life (NASDAQ: SMFL), AI/ML Innovations (OTC: AIMLF) (CSE: AIML) and Tesla, Inc. (NASDAQ: TSLA). Today’s emerging technologies and lifestyle megatrends are creating billion dollar opportunities for disruptive innovation in how we live, work and play. Wall Street Reporter highlights the latest comments from industry thought leaders shaping our world today, and in the decades ahead:
Tesla, Inc. (NASDAQ: TSLA) CEO Elon Musk: “Robotaxi Next Massive Driver of Growth”
“We ramped production with Giga Berlin and Giga Texas in the past few months. With two fantastic factories with great teams, they are ramping rapidly. With new factories, the initial ramp always looks small, but it grows exponentially. So, I have very high confidence in the teams of both factories. We expect to ramp those initially slowly, but like I said, growing exponentially with them achieving high volume by the end of this year. We’re also working on a new vehicle that I alluded to at the Giga Texas opening, which is a dedicated robotaxi. That’s highly optimized for autonomy, meaning it would not have steering wheel or pedals. And there are a number of other innovations around it that I think are quite exciting. That is fundamentally optimized for — trying to achieve the lowest fully considered cost per mile or cost per kilometer, accounting everything. I think, going to be a very powerful product where we aspire to reach volume production of that in 2024. I think that really will be a massive driver of Tesla’s growth. And we remain on track to reach volume production of the Cybertruck next year…”
Tesla, Inc. (NASDAQ: TSLA) Earnings Highlights:
Tesla (NASDAQ: TSLA) CEO Elon Musk: “Robotaxi Next Massive Driver of Growth”
NexTech AR Solutions (OTC: NEXCF) (CSE: NTAR) CEO Evan Gappelberg: “On-Ramp to Web 3.0 for $5.5 Trillion E-Commerce Market”
NexTech AR (OTC: NEXCF), a featured presenter at Wall Street Reporter’s “Next Super Stock” investor conference series, recently shared with investors how NEXCF is emerging as a key player in the $5.5 trillion global e-commerce market transition to web 3.0 and the metaverse. NEXCF Augmented Reality solutions enable to view products in lifelike 3D, in their own living room. This AR shopping experience bridges the gap between the physical world, and what was once a flat 2D online e-commerce experience. NEXCFs AR shopping experience is a “game changer” for the 5.5 trillion global e-commerce industry (source: Statisa 2022).
Watch NEXT SUPER STOCK (OTC: NEXCF) (CSE: NTAR) Video:
NEXCF AR solutions create billions of dollars in potential profitability and cost cost-savings for e-commerce leaders by driving +93% increases in click through rate, and -40% reductions in product returns. This value creation and ROI is driving growing demand and industry adoption of NEXCF AR solutions. Nearly 2 billion of the world’s population now shops online. Most importantly, over 72% of e-commerce is now done by mobile phone – a native platform for Augmented Reality apps like NEXCF. Global blue chip brands utilizing NexTech AR, include: Ford Mach EV, Kohls, CB2, Crate & Barrel, Pier 1, and Segway.
“NexTech’s AR solutions are rapidly becoming a ‘must-have’ for e-commerce leaders to succeed in today’s hyper-competitive market, where even marginal improvements in metrics like click-though and return-rates can mean the difference of billions of dollars to a company’s bottom line…We’re at an inflection point now, where industry demand and adoption for NexTech’s AR is accelerating and going mainstream. As E-Commerce shifts to Web 3.0 and the Metaverse, the demand for AR/3D product models becomes essential. NexTech is emerging as the ‘on ramp’ to the Metaverse and Web 3.0 for the $5.5 trillion e-commerce industry. With over 200 million product SKU’s in e-commerce worldwide – NexTech has a potential revenue pipeline worth billions of dollars in coming years.”
Watch NEXT SUPER STOCK (OTC: NEXCF) (CSE: NTAR) Video:
June 3 –
NEXCF announces Spin Out of ARitize Maps, Metaverse mapping platform into separate public company, creating “pure play” for investors seeking metaverse assets, and unleashing value for NEXCF shareholders.
Watch VIDEO Discussion on ARitize Maps Spinout and Demo:
AI/ML Innovations (OTC: AIMLF) (CSE: AIML) Chairman, Tim Daniels: “AI/ML Holds Key Patents for Multi-Billion Dollar Healthcare Wearables Market”
AI/ML Innovations (OTC: AIMLF), a featured presenter at Wall Street Reporter’s “Next Super Stock” investor conference series, recently updated investors on growth initiatives at AIMLF’s portfolio of digital health businesses including HealthGauge, a wearable personal health monitoring & management system, using Artificial Intelligence and Machine Learning, and Tech2Heal a European mental health app innovator.
Of significant interest for investors is AIMLF’s landmark patent position for wearable health monitors – which could position AIMLF to collect licensing fees and royalties on the $13.8 Billion global Smart Wearable Healthcare Devices (projected to reach $37.4 Billion by 2028. Source: Verified Market Research.) AIMLF is now starting to license its technologies to health wearables companies, and collecting royalties. With typical royalties of 2% of gross sales, AIMLF could potentially generate significant recurring revenues from companies infringing on its broad patent position in the nearly $14 billion health wearables market.
Watch AI/ML Innovations (OTC: AIMLF) (CSE: AIML) NEXT SUPER STOCK Video:
AIMLF’s Health Gauge subsidiary, has recently been granted a patent by the United States Patent and Trademark Office (US Patent No. 11183303), titled “Wearable Health Monitors and Methods of Monitoring Health”. The Patent covers Cardiovascular monitoring, Predictive health analysis, Behavioral analysis and 64 other claims, including use of multiple configurations of wearable health monitors, in conjunction with methods of analyzing bio-signals and monitoring health metrics (via Health Gauge’s AI-driven software) for the purpose of assisting the user in achieving their personal health and wellness objectives.
AIMLF is reporting advancing growth at its portfolio company Tech2Heal, a European mental health app innovator. Tech2Heal is positioned for explosive revenue growth as European healthcare mandates now provide about 2,500 Euro per patient annually for mental wellness. Tech2Heal has just signed with a French multinational manufacturer, to provide mental wellness support to their 170,000 employees globally, and additional Enterprise contracts are in the pipeline. Tim Daniels also updated investors on AIML’s growing pipeline of M&A opportunities in the HealthTech space, which could have a positive impact on maximizing shareholder value in coming months.
Watch AI/ML Innovations (OTC: AIMLF) (CSE: AIML) NEXT SUPER STOCK Video:
Snowflake Inc. (NYSE: SNOW) CEO Frank Slootman: “Data is Beating Heart of Modern Enterprise”
“…Enterprises and institutions have grown acutely aware how much they will end up relying on data operations, data analytics, and data science. Data is becoming the beating heart of the modern enterprise. So, the race is on to lay the foundation for a digital data driven infrastructure. Snowflake is and will be a critical enabler of this journey…We saw momentum accelerate in Q3 with product revenues growing 110% year-on-year to $312 million and remaining performance obligations growing to $1.8 billion. The net revenue retention rate expanded to 173% and we recorded our first positive non-GAAP operating income in the company’s history….Our growth is driven by a diverse mix of customers, the 10 largest consumers in Q3 include four Fortune 500 companies, four companies less than 10 years old, and a Powered By Snowflake program partner…”
Snowflake Inc. (NYSE: SNOW) Earnings Highlights:
Snowflake Inc. (NYSE: SNOW) CEO Frank Slootman: “Data is Beating Heart of Modern Enterprise”
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