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1 Glorious Growth Stock Down 42% You'll Regret not Buying on the Dip, According to Wall Street
The technology sector is having a fantastic year, with the Nasdaq Composite (NASDAQINDEX: ^IXIC) up by 30% so far. Many of the largest stocks in the tech sector are doing even bettThe Motley Fool
Nov 11, 2024
Shealth.AI Secures Investment from XVC Tech, Transforming Healthcare Diagnostics with a Focus on Data Privacy
Dubai, UAE - November 11, 2024 - (SeaPRwire) - Shealth.AI (http://shealth.ai) is proud to announce they have secured investment from XVC Tech. Shealth.AI harnesses advanced Artificial Intelligence (AI) to revolutionize diagnostics, gaining early traction among hospitals and diagnostic center. This milestone marks XVC Tech's first foray into AI-driven healthcare, a natural extension following their success with AI tools like CodeRun.AI, which provides XDC Network developers with comprehensive technical and code generation support. CodeRun.AI has gained popularity among XDC Network developers, helping them build, deploy, and optimize smart contracts and dApps efficiently.XVC Tech, a leading venture capital firm founded by Atul Khekade and Ritesh Kakkad of XDC Network, a $1 billion decentralized computing layer used in applications such as banking, payments, trade finance, and more has made a strategic entry into the healthcare technology sector with its investment in Shealth.AI.While the valuation details of this investment remain undisclosed, Shealth.AI's MVP is recognized as a game-changer, utilizing AI for rapid and precise diagnostics with nearly 99% accuracy in imaging-based assessments. Hospitals and labs benefit from Shealth.AI's advanced, privacy-focused AI solutions, which are positioned to enhance clinical efficiency and improve patient care outcomes.A significant driver behind XVC Tech's investment is Shealth.AI's commitment to user data privacy, a crucial factor amid heightened regulations such as the General Data Protection Regulation (GDPR) and other international data protection laws. Unlike many AI healthcare solutions that rely on public or external data storage, Shealth.AI ensures data protection by storing user information securely within the organization's on-premises cloud infrastructure. This approach not only enhances privacy compliance but also provides organizations with full control over their data, aligning perfectly with evolving legal standards in healthcare data protection."XVC Tech is thrilled to support Shealth.AI's mission to make healthcare more precise, efficient, and accessible while prioritizing data privacy," said Aneri Merchant, Investment Manager from XVC Tech. She added "Our initial funding and technical guidance have helped Shealth.AI leverage AI to impact the healthcare industry meaningfully. With Shealth.AI's GDPR-compliant infrastructure, hospitals and diagnostics companies can confidently integrate AI into their operations without compromising patient data security."Ms. Sheetal Chand, Founder and Chief Scientist of Shealth.AI, added, "The support from XVC Tech has been invaluable. Our MVP is already making strides in diagnostic accuracy, and we're just beginning. Together, we aim to revolutionize healthcare diagnostics, enhance patient experiences, and set a new standard for data privacy in healthcare through our advanced AI-driven solutions."This partnership highlights XVC Tech's dedication to advancing Artificial Intelligence across industries, from XDC Network's developer support tool in blockchain to groundbreaking healthcare innovations, reinforcing their commitment to the future of AI-driven solutions that prioritize data privacy and compliance. Furthermore, XVC Tech is actively seeking strategic partners and co-investors to expand Shealth.AI's groundbreaking technology on a global scale, ensuring the product's transformative potential reaches healthcare systems worldwide. Shealth.AI is actively open for partnerships with healthcare institutions and hospitals, as well as strategic investment opportunities, to accelerate the integration of its AI-driven diagnostic solutions across the healthcare landscape. This aligns with our vision of collaborative growth, leveraging strategic partnerships to bring Shealth.AI's transformative technology to healthcare providers worldwide.Contact DetailsSarah JohnsonDirector of Communications at Shealth.AIsarah.johnson@shealth.aiWebsite: https://shealth.ai11/11/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Nov 11, 2024
Shealth.AI Secures Investment from XVC Tech, Transforming Healthcare Diagnostics with a Focus on Data Privacy
Dubai, UAE - November 11, 2024 - (SeaPRwire) - Shealth.AI (http://shealth.ai) is proud to announce they have secured investment from XVC Tech. Shealth.AI harnesses advanced Artificial Intelligence (AI) to revolutionize diagnostics, gaining early traction among hospitals and diagnostic center. This milestone marks XVC Tech's first foray into AI-driven healthcare, a natural extension following their success with AI tools like CodeRun.AI, which provides XDC Network developers with comprehensive technical and code generation support. CodeRun.AI has gained popularity among XDC Network developers, helping them build, deploy, and optimize smart contracts and dApps efficiently.XVC Tech, a leading venture capital firm founded by Atul Khekade and Ritesh Kakkad of XDC Network, a $1 billion decentralized computing layer used in applications such as banking, payments, trade finance, and more has made a strategic entry into the healthcare technology sector with its investment in Shealth.AI.While the valuation details of this investment remain undisclosed, Shealth.AI's MVP is recognized as a game-changer, utilizing AI for rapid and precise diagnostics with nearly 99% accuracy in imaging-based assessments. Hospitals and labs benefit from Shealth.AI's advanced, privacy-focused AI solutions, which are positioned to enhance clinical efficiency and improve patient care outcomes.A significant driver behind XVC Tech's investment is Shealth.AI's commitment to user data privacy, a crucial factor amid heightened regulations such as the General Data Protection Regulation (GDPR) and other international data protection laws. Unlike many AI healthcare solutions that rely on public or external data storage, Shealth.AI ensures data protection by storing user information securely within the organization's on-premises cloud infrastructure. This approach not only enhances privacy compliance but also provides organizations with full control over their data, aligning perfectly with evolving legal standards in healthcare data protection."XVC Tech is thrilled to support Shealth.AI's mission to make healthcare more precise, efficient, and accessible while prioritizing data privacy," said Aneri Merchant, Investment Manager from XVC Tech. She added "Our initial funding and technical guidance have helped Shealth.AI leverage AI to impact the healthcare industry meaningfully. With Shealth.AI's GDPR-compliant infrastructure, hospitals and diagnostics companies can confidently integrate AI into their operations without compromising patient data security."Ms. Sheetal Chand, Founder and Chief Scientist of Shealth.AI, added, "The support from XVC Tech has been invaluable. Our MVP is already making strides in diagnostic accuracy, and we're just beginning. Together, we aim to revolutionize healthcare diagnostics, enhance patient experiences, and set a new standard for data privacy in healthcare through our advanced AI-driven solutions."This partnership highlights XVC Tech's dedication to advancing Artificial Intelligence across industries, from XDC Network's developer support tool in blockchain to groundbreaking healthcare innovations, reinforcing their commitment to the future of AI-driven solutions that prioritize data privacy and compliance. Furthermore, XVC Tech is actively seeking strategic partners and co-investors to expand Shealth.AI's groundbreaking technology on a global scale, ensuring the product's transformative potential reaches healthcare systems worldwide. Shealth.AI is actively open for partnerships with healthcare institutions and hospitals, as well as strategic investment opportunities, to accelerate the integration of its AI-driven diagnostic solutions across the healthcare landscape. This aligns with our vision of collaborative growth, leveraging strategic partnerships to bring Shealth.AI's transformative technology to healthcare providers worldwide.Contact DetailsSarah JohnsonDirector of Communications at Shealth.AIsarah.johnson@shealth.aiWebsite: https://shealth.ai11/11/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Nov 11, 2024
Indonesia shares lower at close of trade; Jakarta Stock Exchange Composite down 0.41%
Investing.com – Indonesia equities were lower at the close on Monday, as losses in the Infrastructure, Financials and Agriculture sectors propelled shares lower.At the close in Jakarta, the Jakarta StInvesting.com
Nov 11, 2024
Newborn Town (SEHK:9911) Invited by MISA to Join Cultural Dinner at the 8th Future Investment Initiative, exploring new investment opportunities
[11 Nov 2024 – Hong Kong] Newborn Town Inc., a leading global social entertainment company (Newborn Town or the Company, stock code: SEHK 9911), was invited by the Ministry of Investment of Saudi Arabia (MISA), one of the organizers of the 8th Future Investment Initiative (FII) conference, to attend the cultural gala dinner held in the historic city, Diriyah.The FII conference, held this year from October 29 to 31, drew an impressive assembly of political and business leaders from around the globe, highlighting Saudi Arabia’s growing role in fostering international investment partnerships.The gala dinner took place at Al-Turaif, a UNESCO World Heritage Site in Diriyah, home to the first capital of the Kingdom of Saudi Arabia. The dinner commenced with an impressive light show that beautifully portrayed the Kingdom's profound history and vibrant cultural heritage. This was followed by welcome speeches delivered by prominent political and business leaders.As one of the companies engaged in Saudi Arabia's Regional Headquarters Program (RHQ), Newborn Town was honored to attend this cultural gathering and involved in profound discussions with esteemed leaders from the political and business sectors. Together, they reflected on the Kingdom's illustrious past while exploring the dynamic investment opportunities that Saudi Arabia presents today.Launched in February 2021, the Regional Headquarters (RHQ) Program is a collaborative initiative between the Ministry of Investment of Saudi Arabia (MISA) and the Royal Commission for Riyadh City (RCRC). Its objective is to invite multinational companies to set up their regional headquarters in the Kingdom of Saudi Arabia, underscoring the Kingdom's commitment to economic diversification and its support for the ambitious "Vision 2030" goals.Reports indicate that MISA has issued over 540 regional headquarters permits to foreign companies, already exceeding its 2030 target of 500 permits. In September, Newborn Town and MISA held an inauguration ceremony in Riyadh under the theme "To Connect, Explore, and Thrive Together," celebrating Newborn Town as the first global social entertainment company to establish a regional headquarters in Saudi Arabia while looking forward to a promising future for the local online social entertainment industry.Since 2017, Newborn Town has steadily expanded its footprint in the Middle East and North Africa (MENA) market, closely attuning to the social entertainment needs of local users. Through refined localization strategies, the company has built a robust ecosystem in MENA, offering a diverse social entertainment portfolio that includes products such as MICO, YoHo, TopTop, and SUGO.In late August, Newborn Town hosted the Interim Results presentationthemed "The Arabian Nights"in Hong Kong, which embraced a Middle Eastern flair. The event focused on sharing the company's strategies and achievements in the MENA region. CEO Li Ping said Newborn Town's sustained investments in MENA over recent years have established substantial market barriers through localized operations. In the first half of 2024, the MENA region accounted for over 50% of Newborn Town's social networking revenue.With Vision 2030, Saudi Arabia is embracing vibrant economic growth and abundant investment opportunities. Newborn Town is committed to deepening its presence in Saudi Arabia and other MENA markets, growing alongside these key regions to unlock exceptional business opportunities and foster a prosperous future together.Beyond commercial success, Newborn Town is dedicated to creating lasting social impact in Saudi Arabia and the MENA region. The company actively upholds its corporate social responsibilities by promoting local employment, supporting vulnerable groups—including children with cancer—and aiding disaster-affected areas. Through these efforts, Newborn Town stands with the community, contributing meaningfully toward realizing Saudi Arabia’s Vision 2030.About Newborn TownNewborn Town has grown into a leading technology company which was listed on the Main Board of the Hong Kong Stock Exchange (HKEX) in 2019 under the stock code 9911.Committed to creating positive emotional values worldwide, Newborn Town has developed a diverse portfolio of applications in the social networking and entertainment sectors. Its social apps include MICO, YoHo, TopTop, SUGO and HeeSay, together with gaming products like Alice's Dream: Merge Games. These applications have achieved widespread acclaim, reaching over one billion users in over one hundred countries and regions.Newborn Town considers the Middle East and North Africa (MENA) region a key market and has also extended its influence in Southeast Asia, Europe, the United States, Japan, and South Korea. The company aims to become the world's largest social entertainment company.For enquiries, please contactDLK Advisory pr@dlkadvisory.com11/11/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Nov 11, 2024
Palantir Technologies: Can This Supercharged Artificial Intelligence (AI) Stock Continue Crushing the Stock Market in 2025?
Palantir Technologies (NYSE: PLTR) stock has been in roaring form in 2024 with sizzling gains of 198% as of this writing, and it looks like its red-hot run is here to stay followinThe Motley Fool
Nov 11, 2024
Embracing the Green Commitment: Tuya Smart to Showcase at the 29th United Nations Climate Change Conference
NEW YORK, Nov. 11, 2024 /PRNewswire/ -- From November 11 to 22, 2024, the 29th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP29) is setPR Newswire
Nov 11, 2024
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