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CleanCore Solutions Announces String Of Wins Over Past Few Months, Including Deals With Fortune 50 Companies, Universities And More

Benzinga

By Anthony Termini, Benzinga According to Fortune Business Insights, the worldwide market for cleaning services was projected to reach almost $400 billion in 2023. In this context, Nebraska-based company, CleanCore Solutions, Inc. (AMEX: ZONE) has announced a string of wins over the past few months. CleanCore’s products can be used in a range of service industries, including hotels, hospitals, and airports. While there is no official government estimate for how many new hotels will be built in the United States by 2050, if the current market is any indication, the demand for hotels will continue to grow. Room demand is set to reach an all-time high in 2024 according to STR research. Additionally, it is predicted hotel occupancy will increase by 2.5% globally and hotel average daily rate (ADR) is projected to grow by 4.9% in the next 12 months. Similarly, while the federal government doesn’t offer an estimate of the number of new airports that will be built by 2050, the FAA does say that the number of people getting on planes by then will grow to more than 300 million. That represents a 111% increase over 2021. The National Center for Education Statistics, part of the U.S. Department of Education, in its most recent accounting said that the number of colleges and universities in America was 5,916. It also estimated that enrollments through 2030 would remain relatively equivalent to where they are today. According to Fortune Business Insights, the property management business in the United States is expected to grow at a compound annual rate of nearly 8% through 2028. Each of these estimates is likely to have an impact on the growth prospects of CleanCore Solutions, which has developed a patented technology that replaces traditional cleaning chemicals with a safe, low-cost solution it brands as Aqueous Ozone. Who Is CleanCore Solutions And What Is Aqueous Ozone? CleanCore is an Omaha, Nebraska-based manufacturer of equipment and supplies that create safe aqueous ozone from regular tap water. The result is an effective, all-natural and chemical-free cleaner. In comparison to Ecolab (NYSE: ECL), a company that provides chemical options, Cleancore seeks to change the norms of cleaning practices in a manner that is more safe and cost effective. Aqueous Ozone is a highly concentrated solution proven to be a powerful oxidizer, says CleanCore. It is an effective bacteria and germ killer. Because it is completely natural, it is also simpler, healthier and more sustainable than other chemical-based disinfectants. CleanCore Focuses On Key Industries CleanCore’s strategy to grow its business by focusing on those industries looking for clean, all-natural solutions to replace the harsh chemicals they currently use in everyday cleaning and specialty processes. The company provides solutions to hospitals and other healthcare facilities to keep their physical plant clean and to provide unique hygiene solutions in their food service and laundry operations. It does the same for colleges and universities around the world, as well as at airports and commercial buildings. Part of the allure of CleanCore is its products create safer environments for employees, while saving money for companies because of the inexpensive technology that Cleancore utilizes. Scoring New Wins Within Its Target Markets CleanCore announced in September that it had completed the successful installation of more than 200 cleaning systems at a leading university in the United States that has implemented initiatives to become a chemical-free campus, adding to the four other universities of varying sizes that have engaged CleanCore for similar initiatives. The installation followed an initial pilot program of the company's products. The contract also provides employee training and support. CleanCore’s chief executive officer, Clayton Adams, said that the company is dedicated to promoting sustainability and health and to bringing chemical-free cleaning solutions to schools across the globe. He said that “in addition to the health and environmental benefits, [the company’s] solutions reduce chemical costs, providing a highly attractive return on investment." The program includes CleanCore's Power Caddies; portable units that produce the company’s patented Aqueous Ozone solution and on-site Fill Stations; wall-mounted dispensers of the company’s proprietary cleaning solution. The new relationship tees up future opportunities for CleanCore to provide the university with its products that sanitize water used in laundry facilities and potable ice machines. Creating Revenue Generating Opportunities From Previous Pilot Programs At the end of July, CleanCore launched a separate revenue-generating pilot program with one of the world's leading logistics companies. The program was initiated at one of the client's million-plus square-foot facilities. This program also deploys Power Caddies as well as other cleaning solutions. The project is expected to jumpstart a rollout of CleanCore products throughout the client’s organization. According to Adams, "We are pleased to announce the successful commencement of this pilot program in collaboration with a Fortune 50 logistics company.” Adams also commented that the customer has an enormous international footprint. The hope is that it will become a significant opportunity to expand because the client has more than 500,000 employees around the world. “Given the early positive feedback, our track record of high customer satisfaction, and meaningful cost savings, we are highly confident this initial purchase order will translate into significant, long-term, enterprise-wide contracts,” said Adams. Just the month before, CleanCore announced that one of the largest airports in the southwestern United States – serving more than 48 million passengers in 2023 – will be installing Power Caddies after another successful pilot test. CleanCore says that it is continuing to see a number of different types of facilities (including hospitals, hotels, schools and commercial buildings) adopting new technologies and solutions to eliminate traditional chemical cleaners. It says it sees the cost savings its solutions provide as a catalyst for this. Adams added that “the value proposition in combination with a switch from dangerous chemicals makes the adoption of our technology easy for our customers." More company information is available at CleanCoreSol.com. Featured photo by Erik Odiin 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

October 14, 2024 08:55 AM Eastern Daylight Time

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Closure Of Lithium Mine In China Sees Uptick In Lithium Prices

Benzinga

By Kyle Anthony, Benzinga Generally, price movement in an asset class can be attributed to several factors, but for commodities, the underlying principles of supply and demand are often the primary reasons. Bloomberg recently reported that Chinese battery giant Contemporary Amperex Technology Co., commonly called CATL, has shut down its major lithium mine in Jiangxi province. Jiangxi is a substantial source of lithium carbonate, with estimates that it accounted for 5% to 6% of global supply. CATL is currently the world’s largest battery manufacturer, with a market share of 34%. The Ripple Effects Of The Mine Closure News of the mine’s closure had a catalyzing effect on the stock prices of lithium miners, as firms from Asia to the Americas saw an uptick in their equity prices. As S&P Global reported earlier this year, lithium prices have declined for a prolonged period due to the metal’s oversupply and that demand for EVs, particularly outside of China, slowed earlier this year. As noted in the Bloomberg report, CATL’s stoppage will likely spur an 8% cut in China’s monthly lithium carbonate output. However, much inventory of the metal remains, with recent reporting positing that a historically high level of 130 kilotons is in storage. Though CATL’s mine closure has created a potential opportunity for the metal’s price appreciation. Gaining Exposure To Lithium Miners With Sprott With lithium prices being at or close to their floor, a reduction in supply could potentially have a supportive impact on its price. For investors seeking pure-play exposure to the lithium industry, the Sprott Lithium Miners ETF (NASDAQ: LITP) is a turnkey solution that tracks the Nasdaq Sprott Lithium Miners™ Index, which is designed to track the performance of companies that derive at least 50% of their revenue and/or assets from mining, exploration, development or production of lithium. The index generally consists of 40 to 50 constituents. Lithium plays a pivotal part in battery construction. The movement of lithium ions back and forth between the anode and cathode of a battery generates the free electrons in the anode, producing the actual charge at the positive end of the battery. That charge flows into a vehicle’s motor or the electronics being powered. The lithium market is of interest to some companies that are looking to replace internal combustion engine vehicles with EVs in the years to come. As argued in Sprott’s summary report 5 Reasons to Invest in Lithium Miners, as electric vehicles and energy storage technologies potentially become mainstays in the global economy, the companies that reflect the value of battery materials may represent or become a source of wealth-building for investors. Featured photo by MiningWatch Portugal 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. Important Disclosures Before investing, you should consider each Fundâs investment objectives, risks, charges and expenses. Each Fundâs prospectus contains this and other information about the Fund and should be read carefully before investing. A prospectus can be obtained by calling 888.622.1813 or by clicking this link: Sprott Lithium Miners ETF Prospectus The Fund is not suitable for all investors. There are risks involved with investing in ETFs, including the loss of money. The Fund is non-diversified and can invest a greater portion of assets in securities of individual issuers than a diversified fund. As a result, changes in the market value of a single investment could cause greater fluctuations in share price than would occur in a diversified fund. Exchange Traded Funds (ETFs) are bought and sold through exchange trading at market price (not NAV) and are not individually redeemed from the Fund. Shares may trade at a premium or discount to their NAV in the secondary market. Brokerage commissions will reduce returns." Authorized participants" may trade directly with the Fund, typically in blocks of 10,000 shares. Funds that emphasize investments in small/mid-cap companies will generally experience greater price volatility. Diversification does not eliminate the risk of experiencing investment losses. ETFs are considered to have continuous liquidity because they allow for an individual to trade throughout the day. A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses, affect the Fundsâ performance. The Sprott Lithium Miners ETF seeks to provide investment results that, before fees and expenses, generally correspond to the total return performance of the Nasdaq Sprott Lithium Minersâ¢ Index (NSLITPâ¢). NasdaqÂ®, Nasdaq Sprott Lithium Minersâ¢ Index, and NSLITPâ¢ are registered trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the âCorporationsâ) and are licensed for use by Sprott Asset Management LP. The Product(s) have not been passed on by the Corporations as to their legality or suitability. The Product(s) are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S). One cannot invest directly in an index. Sprott Asset Management USA, Inc. is the Investment Adviser to the Sprott Lithium Miners ETF. Sprott Asset Management LP is the Sponsor of the Fund. ALPS Distributors, Inc. is the Distributor for the Sprott Lithium Miners ETF and is a registered broker-dealer and FINRA Member. ALPS Distributors, Inc. is not affiliated with Sprott Asset Management LP. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

October 14, 2024 08:45 AM Eastern Daylight Time

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News Release

Celebian Continues Its Phenomenal Growth, Transforming the Social Media Landscape

Rev Up Marketers

Celebian, the cutting-edge platform that connects influencers with followers, continues to go from strength to strength in 2024. Following a year of remarkable milestones and exponential growth, the company is setting new standards in the digital influencer marketing space, helping users achieve unprecedented levels of social media success. Rapid User Growth & Expanding Influence Since its launch, Celebian has experienced skyrocketing demand, with thousands of new users joining the platform daily. This surge in popularity is fueled by Celebian’s ability to help influencers and content creators grow their follower base organically while maximizing engagement on TikTok and other platforms. The company’s innovative tools, strategies, and personalized services have made it easier than ever for users to take their social media presence to new heights. “We’re thrilled with how the community has embraced Celebian,” said Julius Tirra, Founder and CEO of Celebian. “Our mission is to empower influencers at every stage of their journey. The continuous success of our clients is proof that the right strategies can create life-changing opportunities in today’s digital world.” Innovative Services Leading the Industry Celebian's unique approach to social media growth and engagement includes customized growth strategies, data-driven content optimization, and exclusive tools that provide influencers with a competitive edge. With a focus on authenticity and long-term follower retention, Celebian helps clients achieve sustainable success across platforms like TikTok, Instagram, and YouTube. Exciting New Features & Future Expansion As part of its ongoing commitment to enhancing the user experience, Celebian is set to introduce several exciting new features in the coming months, including AI-powered insights to help influencers fine-tune their content strategies. In addition, the company plans to expand its services globally, allowing even more creators to benefit from its unique offerings. “With the influencer market continuing to grow at an incredible pace, Celebian is positioned to lead the charge,” added Julius Tirra. “Our vision for the future includes broadening our reach, helping more creators worldwide, and continuing to revolutionize how people grow their social media presence.” About Celebian Celebian is a leading social media growth platform, offering tools and strategies designed to help influencers and content creators expand their online presence. Whether you're new to social media or a seasoned influencer, Celebian provides expert guidance and cutting-edge solutions to increase followers, engagement, and influence. Contact Details Celebian Julius Tirra +1 855-946-1644 supports@celebian.com Company Website https://celebian.com/

October 14, 2024 07:14 AM Eastern Daylight Time

News Release

Kairos Pharma (NYSEAmerican: KAPA): Advancing New Strategies to Overcome Cancer Treatment Challenges

KAPA

The global oncology landscape is on the brink of transformation, with cancer cases expected to rise sharply, particularly in lower-income countries, where the number of new cases could soar to 32 million annually by 2050. This growing demand for cancer treatments has driven global spending on oncology medicines to $223 billion in 2023, with a projected increase to $409 billion by 2028. The launch of 25 novel oncology drugs in 2023, along with over 2,000 new clinical trials, highlights a dynamic period of innovation in the sector. Breakthrough therapies, including cell and gene therapies, antibody-drug conjugates, and radioligand treatments, show significant promise but remain unevenly accessible. As oncology treatments continue to evolve at a rapid pace, this environment presents a unique window of opportunity for investors to explore emerging biopharma companies, which are positioned to lead the charge in addressing unmet medical needs in cancer care. Kairos Pharma, Ltd. (NYSE American: KAPA), a clinical-stage biopharmaceutical company based in Los Angeles, is steadily building a presence in the oncology space. Focusing on therapies aimed at overcoming cancer drug resistance and immune suppression, Kairos has developed a promising pipeline that could attract attention. Among its most notable candidates is ENV105, a therapy designed to target the mechanisms that allow tumors to evade treatment. With ongoing clinical trials and a recent IPO, Kairos Pharma (KAPA) shows potential as an emerging player in biotechnology, particularly as it continues to develop personalized cancer treatments. Exploring New Avenues in Cancer Treatment with ENV105 At the forefront of Kairos Pharma's mission is ENV105, a groundbreaking therapy aimed at reversing drug resistance in cancer patients. This drug distinguishes itself from traditional treatments by targeting the mechanisms that allow tumors to evade existing therapies. Mechanism of Action: ENV105 works by inhibiting the CD105 protein, which plays a critical role in the Bone Morphogenetic Protein (BMP) pathway. Unlike many cancer treatments that focus on blocking Tumor Necrosis Factor (TNF), ENV105 addresses the BMP pathway, which can contribute to increased tumor resistance. By disrupting this pathway, ENV105 enhances the effectiveness of existing cancer treatments. Biomarker Advantage: A significant aspect of ENV105 is its associated biomarker, which can predict patient responses before treatment begins. This capability allows for a more personalized approach, ensuring that patients who are most likely to benefit from the therapy are identified upfront, potentially increasing treatment success rates. Clinical Trial Successes The results from recent clinical trials are promising. In studies involving ENV105, 62% of patients experienced disease stabilization or regression after just two months of treatment—a remarkable outcome compared to the typical response rates seen in similar populations. Additionally, ENV105 has shown efficacy in enhancing the effects of existing therapies for both prostate and lung cancers, two of the most prevalent cancer types. Recent Developments and Partnerships Kairos Pharma is making significant strides in its clinical trials. The company recently dosed its first patients in a Phase 1 trial combining ENV105 with osimertinib for non-small cell lung cancer. This trial aims to evaluate the safety and tolerability of the combination, while a concurrent Phase 2 trial tests ENV105 alongside apalutamide for treating castrate-resistant prostate cancer. John Yu, CEO of Kairos Pharma, emphasizes the company’s commitment to addressing urgent medical needs: “The initiation of these trials speaks to the dedication of the Kairos team to develop therapies for today’s unmet medical needs.” Further enhancing its prospects, Kairos Pharma has partnered with PreCheck Health Services to develop companion biomarkers that will identify which patients are most likely to benefit from ENV105. This collaboration aims to incorporate advanced molecular diagnostics into clinical practice, allowing for better patient selection and monitoring. On September 16, 2024, Kairos Pharma made its debut on the NYSE American under the ticker symbol “KAPA,” successfully raising $6.2 million through its initial public offering. The proceeds will be vital for funding ongoing clinical trials and advancing its diverse pipeline, which includes ENV105 and other innovative candidates like KROS 101. Conclusion With its focus on reversing cancer drug resistance and improving immune response, KAPA is poised to make an impact in oncology. As Kairos Pharma continues to advance its trials and develop personalized cancer therapies, it stands on the brink of potentially revolutionizing cancer treatment. For those looking to invest in a company with a bright future in biotechnology, Kairos Pharma is one for the watchlist. Disclaimers: RazorPitch Inc. "RazorPitch" is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. RazorPitch has been retained and compensated by Cambridge Consulting to assist in the production and distribution of this content. RazorPitch is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by RazorPitch or any third party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. RazorPitch is not a fiduciary by virtue of any persons use of or access to this content. Contact Details RazorPitch Mark McKelvie +1 585-301-7700 Mark@razorpitch.com Company Website http://razorpitch.com

October 14, 2024 06:00 AM Eastern Daylight Time

Financial Gravity Companies, Inc. (Ticker: FGCO) Enters Blackout Period

Financial Gravity Companies, Inc.

Financial Gravity Companies, Inc. (FGCO) announces that, effective immediately, the company is entering a blackout period. This blackout is expected to remain in place until November 1, 2024, unless extended or shortened, pending a public announcement. The purpose of this blackout period is to remind all individuals with access to non-public material information about the company that they are prohibited from buying or selling FGCO securities based on that information. Financial Gravity is committed to maintaining the highest standards of corporate governance and transparency, and adherence to insider trading policies is essential to upholding these values. We will provide an official public statement to conclude the blackout period. Until then, no further updates or clarifications will be made, and the company will not be taking questions from the press during this period. Thank you for your understanding. About Financial Gravity Companies, Inc. Financial Gravity Companies Inc., along with its subsidiary companies, provides investment and tax professionals with a turnkey family office charter. We help tax professionals evolve from the commoditized business of tax compliance to a Family Office Director that runs and manages their own multi-family office. Family Office Directors are able to leverage the Financial Gravity systems, technology, proprietary resources, and deep domain expertise to bring an elevated and holistic financial service experience to their clients that spans proactive tax planning, retirement and estate planning, wealth management, and risk mitigation. For more information about Financial Gravity Companies, Inc., please visit https://financialgravity.com. Forward-Looking Statements This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current expectations and involve inherent risks and uncertainties, including factors that could delay, divert, or change any of them and could cause actual outcomes and results to differ materially from the current expectations. No forward-looking statement can be guaranteed. Forward-looking statements in this press release should be evaluated together with the many uncertainties that affect Financial Gravity's business, and Financial Gravity undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. Contact Details Financial Gravity Companies, Inc. Scott Winters +1 800-588-3893 scott.winters@financialgravity.com Company Website https://financialgravity.com/

October 14, 2024 06:00 AM Eastern Daylight Time

OBN Digital passes 1,500 Clients Globally under new CEO Matteus Ribeiro

Rev Up Marketers

OBN Digital, a key player in the digital marketing arena, is entering an exciting new chapter under the dynamic leadership of CEO Matteus Ribeiro. The agency has introduced a groundbreaking product line specifically designed for musical artists and large e-commerce brands, signifying a major enhancement of its service portfolio. Established in 2021, OBN Digital initially specialized in e-commerce solutions but has swiftly transformed into a comprehensive digital marketing agency. With a diverse client base of over 1500 businesses worldwide, OBN Digital has gained a strong presence in critical markets across the Middle East, Europe, and the United States. Central to its success is a proactive strategy that embraces the latest social media platforms and trends. By leveraging platforms like Instagram, Snapchat, and YouTube, OBN Digital consistently creates powerful marketing campaigns that yield measurable results for its varied clientele. Beyond its social media expertise, the agency has distinguished itself in developing customized e-commerce strategies. Utilizing advanced analytics and targeted advertising, OBN Digital empowers its clients to enhance their online visibility, resulting in increased website traffic, higher conversion rates, and improved revenue. A notable highlight for the agency has been its exceptional work in the music sector, especially with rap artists in both the US and Europe. Through well-crafted social media campaigns, collaborations with influencers, and innovative content strategies, OBN Digital has significantly boosted the online visibility and engagement of numerous artists. Looking ahead, CEO Matteus Ribeiro aims to further expand OBN Digital’s reach, with ambitious plans to onboard over 4,000 clients globally in the next two years. Matteus Ribeiro and Dre Netanyh have propelled OBN Digital to significant growth. Previously recognized as a hedge fund owner and entrepreneur, Matteus has effectively met the expectations of Israeli shareholders while steering the company’s success. about the company OBN Digital is a dynamic digital marketing agency focused on innovative solutions for musical artists and large-scale e-commerce brands. Founded in 2021, it serves over 900 clients globally, leveraging social media strategies and advanced analytics to enhance online visibility. Under CEO Matteus Ribeiro’s leadership, the agency aims to significantly expand its global footprint in the coming years. Contact Details OBN Digital Marketing Levy Peretz Levyperetz@obndigital.com Company Website https://obndigital.com/

October 14, 2024 03:35 AM Eastern Daylight Time

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Direxion Announces Reverse Split of DUST, TECS, WEBS and YANG

Direxion

Direxion, a leading provider of tradeable ETFs, has announced it will execute a reverse split of the issued and outstanding shares of the Direxion Daily Gold Miners Index Bear 2X Shares, Direxion Daily Technology Bear 3X Shares, Direxion Daily Dow Jones Internet Bear 3X Shares and Direxion Daily FTSE China Bear 3X Shares (the “Funds”). The total market value of the shares outstanding will not be affected as a result of this split, except with respect to the redemption of fractional shares, as outlined below. After the close of the markets on November 1, 2024 (the “Effective Date”), each Fund will effect a reverse split of its issued and outstanding shares as follows: Please note the CUSIP changes, effective November 4, 2024: As a result of these reverse splits, every ten or twenty shares, as applicable, of a Fund will be exchanged for one share as indicated in the table above. Accordingly, the total number of the issued and outstanding shares for a Fund will decrease by the approximate percentage indicated above. In addition, the per share net asset value (“NAV”) and next day’s opening market price will be approximately ten- or twenty-times higher, as applicable, for the Funds. Shares of the Funds will begin trading on the NYSE Arca, Inc. (the “NYSE Arca”) on a split-adjusted basis on November 4, 2024. The next day’s opening market value of the Funds’ issued and outstanding shares, and thus a shareholder’s investment value, will not be affected by the reverse split. The tables below illustrate the effect of a hypothetical one-for-ten or one-for-twenty reverse split anticipated for the Funds, as applicable: 1-for-10 Reverse Split 1-for-20 Reverse Split The Direxion Shares ETF Trust’s transfer agent will notify the Depository Trust Company (“DTC”) of the reverse split and instruct DTC to adjust each shareholder’s investment(s) accordingly. DTC is the registered owner of the Funds’ shares and maintains a record of each Fund’s record owners. Redemption of Fractional Shares and Tax Consequences of the Reverse Split As a result of the reverse splits, a shareholder of a Fund’s shares potentially could hold a fractional share. However, fractional shares cannot trade on the NYSE Arca. Thus, a Fund will redeem for cash a shareholder’s fractional shares at the Fund’s split-adjusted NAV as of the Record Date. Such redemption may have tax implications for those shareholders and a shareholder could recognize a gain or loss in connection with the redemption of the shareholder’s fractional shares. Otherwise, the reverse splits will not result in a taxable transaction for holders of Fund shares. No transaction fee will be imposed on shareholders for such redemption. “Odd Lot” Unit Also as a result of the reverse splits, a Fund may have outstanding one aggregation of less than 50,000 shares to make a creation unit, or an “odd lot unit.” Thus, a Fund will provide one authorized participant with a one-time opportunity to redeem the odd lot unit at the split-adjusted NAV or the NAV on such date the authorized participant seeks to redeem the odd lot unit. All Direxion leveraged and inverse ETFs are intended only for investors with an in-depth understanding of the risks associated with seeking leveraged investment results, and who plan to actively monitor and manage their positions. There is no guarantee these ETFs will meet their objective. Please visit the Direxion Leveraged and Inverse ETF Education Center, where you will find educational brochures, videos, and a self-paced online course to help you understand if leveraged ETFs are right for you. About Direxion: Direxion equips investors who are driven by conviction with ETF solutions built for purpose and fine-tuned for precision. These solutions are available for a broad spectrum of investors, whether executing short-term tactical trades, or investing in thematic strategies. Direxion’s reputation is founded on developing products that precisely express market perspectives and allow investors to manage their risk exposure. Founded in 1997, the company has approximately $48.6 billion in assets under management as of September 30, 2024. For more information, please visit www.direxion.com. There is no guarantee that the Funds will achieve their investment objectives. For more information on all Direxion Shares ETFs, go to www.direxion.com, or call us at 866.301.9214. An investor should carefully consider a Fund’s investment objective, risks, charges, and expenses before investing. A Fund’s prospectus and summary prospectus contain this and other information about the Direxion Shares. To obtain a prospectus and summary prospectus call 866.476.7523 or visit our website at direxion.com. A Fund’s prospectus and summary prospectus should be read carefully before investing. Leveraged and Inverse ETFs pursue daily leveraged investment objectives which means they are riskier than alternatives which do not use leverage. They seek daily goals and should not be expected to track the underlying index over periods longer than one day. They are not suitable for all investors and should be utilized only by sophisticated investors who understand leverage risk and who actively manage their investments. Direxion Shares Risks – An investment in the ETFs involves risk, including the possible loss of principal. The ETFs are non-diversified and include risks associated with concentration that results from an ETF’s investments in a particular industry or sector which can increase volatility. The use of derivatives such as futures contracts and swaps are subject to market risks that may cause their price to fluctuate over time. The ETFs do not attempt to, and should not be expected to, provide returns which are a multiple of the return of their respective index for periods other than a single day. For other risks including leverage, correlation, daily compounding, market volatility and risks specific to an industry or sector, please read the prospectus. Distributor: ALPS Distributors, Inc. Contact Details Ditto Public Relations Danielle Black, AD direxion@dittopr.co Company Website https://www.direxion.com/

October 11, 2024 05:23 PM Eastern Daylight Time

Comcast Opens New Xfinity Store in Crystal, Minn.

Comcast Twin Cities

Comcast today announced that a new Xfinity store has opened in Crystal, Minn. to meet the needs of residents and business owners. Located at 5606 W. Broadway in Crystal, the new store features an interactive design and provides a destination for visitors to experience the complete line of Xfinity products and services, including Xfinity Internet, Xfinity Video, Xfinity Mobile, and Xfinity Home Security. The new Xfinity store is open Monday through Saturday 10:00 a.m. – 7:00 p.m. and Sunday 11:00 a.m. – 6:00 p.m. With the addition of the new Xfinity store, Comcast now offers 16 convenient Xfinity retail locations in the Twin Cities where customers can receive personalized support, exchange and upgrade equipment, pay their bill and more. For local businesses interested in the latest in internet and technology solutions, the store has a dedicated space for Comcast Business customers and prospects to discuss their business technology needs. The store is equipped to host live demos and provide hands-on account management services. Customers can also conveniently book appointments online ahead of time through Xfinity’s website. “We are happy to welcome Comcast to Crystal as the location for their newest Xfinity store,” said Jim Adams, Mayor of Crystal. “The city knows how important access to the newest technology is, and with the store’s prime location, it is easier than ever for Crystal customers to access the latest technology and stay connected.” Comcast has also further invested in the Crystal community by donating $2,500 to NEAR Food Shelf. This is part of Comcast’s ongoing commitment to supporting the cities where they operate. “We are thrilled to bring this new state-of-the-art Xfinity store to Crystal,” said Rachel Johnson, vice president, Sales and Marketing, Comcast Midwest. “Our Xfinity stores give customers personalized service, the ability to explore hands-on device demonstrations, and get expert support tailored to enhance your connectivity experience. Whether you're looking for the latest technology or need assistance with your account, our knowledgeable staff is here to help.” The new Xfinity Store is a testament to Comcast's ongoing investment in Minnesota. Over the past three years, Comcast has invested more than $525 million in technology and infrastructure across the state, focusing on network expansion and upgrades. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information. Contact Details Patrick Stumpf +1 651-968-7382 Patrick_Stumpf@comcast.com Company Website https://midwest.comcast.com/

October 11, 2024 08:00 AM Central Daylight Time

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AI Specialist Rezolve Ai Forges Strategic Alliance And Co-Sell Support With Microsoft To Transform The Retail Industry

Benzinga

By Josh Enomoto, Benzinga Driving practical artificial-intelligence-based innovations for the retail and e-commerce industry, Rezolve Ai Limited (NASDAQ: RZLV) recently inked a strategic partnership with tech juggernaut Microsoft Corporation (NASDAQ: MSFT). Primarily, this high-level collaboration aims to deliver advanced digital capabilities to retailers, with the goal of enabling them to bolster customer engagement, improve the overall shopping experience and ultimately catapult growth. By combining their strengths, the partnership goes beyond just offering new technologies. It is a strategic alignment where Microsoft’s extensive cloud infrastructure and market reach meet Rezolve’s tailored AI solutions for retail, and Rezolve expects it to benefit from a minimum of $130 million of Go-to-Market support from Microsoft over the next five years. This collaboration is designed to address long-standing challenges in the e-commerce space, making it easier for retailers to integrate advanced machine intelligence into their operations, improve customer engagement and scale with confidence. How Rezolve Drives Much-Needed Change In Retail Engagement The collaboration will spotlight Rezolve’s Brain Suite, a collection of AI tools exclusively designed for the retail industry, and will drive Rezolve Ai’s target of over $100 million ARR for 2025. These solutions – Brain Commerce, Brain Checkout and Brain Assistant – deliver personalized customer experiences by utilizing proprietary machine learning protocols to analyze customer intent and behavior in real-time. This advanced functionality seeks to revolutionize the customer journey, from search and discovery to checkout and post-purchase engagement. Specifically, Brain Commerce eliminates pain points associated with irrelevant search results, instead focusing on products aligned with the customer’s unique preferences. Brain Checkout addresses one of the most vexing problems in e-commerce – cart abandonment – by delivering faster and more intuitive payment options. Finally, Brain Assistant fosters real-time conversational support in 95 languages, making it a valuable asset in an increasingly globalized retail arena. For its part, Microsoft offers its robust, enterprise-grade Azure cloud infrastructure, allowing Rezolve’s Brain Suite to be deployed internationally with ease. Moreover, Azure’s cloud services ensure that the AI specialist’s solutions can accommodate large-scale operations. With the ability to support millions of transactions and interactions across different regions, Rezolve can scale its business as demand accelerates. Plus, Microsoft goes beyond infrastructure with its extensive Go-to-Market (GTM) support. In particular, the tech giant’s co-sell support strategy incentivizes its own sales teams to promote and sell partner products, such as Rezolve’s Brain Suite. Given the unparalleled opportunity to expand its market presence, RZLV stock saw a significant boost in equity value following the disclosure of the partnership. Positioning Retailers For The Personalization Paradigm Fundamentally, Rezolve Ai’s partnership with Microsoft empowers retailers to position themselves for the personalization paradigm. This attribute, as McKinsey & Company noted, is not just a crucial capability but one that “punches above its weight, no matter whether the company is a digital native, a brick-and-mortar player, or a behind-the-scenes producer or supplier.” In today’s retail environment, it’s not just that customers desire personalization – they demand it. To be sure, COVID-19 sparked new shopping behaviors, a component of the broader retail revenge phenomenon. However, the difference between the pandemic and other disruptive events is that these new behaviors command sticking power. More to the point, McKinsey & Company revealed that personalization can boost a retail enterprise’s revenue by as much as 15%. With many households still struggling under the weight of inflation and a challenging labor market, businesses can’t afford to ignore such robust performance metrics, underscoring the collaborative potential of the Microsoft partnership. In addition, the efficiency improvements that Rezolve’s retail-centric AI protocol offers could be a game-changer. Research and advisory firm Gartner noted that organizations deploying machine intelligence can reduce their operational costs by 30%. This improvement stems from the combination of reworked processes combined with hyper-automation – the directive to automate all possible workflows. Finally, one of the biggest potential catalysts for Rezolve is its unique BrainPowa large language model (LLM). Tailored specifically for e-commerce, BrainPowa offers an alternative to off-the-shelf AI platforms that may hinder the customer experience through irrelevant talking points. With AI in e-commerce projected to experience a compound annual growth rate of 14.6% from 2023 to 2032, Rezolve is looking to redefine the game, enabling retailers to deliver captivating engagement and fuel higher revenues. A Game-Changing Alliance For The Future Of Retail? Rezolve’s partnership with Microsoft isn’t just another tech collaboration – it’s potentially a fundamental shift in how retailers will operate moving forward. By leveraging cutting-edge AI tools built specifically for e-commerce, combined with Microsoft’s global cloud infrastructure, this alliance delivers the kind of transformation retailers may need to stay competitive in an increasingly shifting paradigm. Featured photo by Adrian from Pixabay. 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

October 11, 2024 08:45 AM Eastern Daylight Time

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