The NASDAQ is among the biggest stock exchanges in the world and is home to some of the biggest companies. It attracts billions of dollars in investments daily from investors all over the world. Look at some stocks below to add to your watch list now!
ImmunoPrecise Antibodies Ltd (NASDAQ:IPA) - a Biotherapeutic research group involved in combining its leading antibody discovery services with highly advanced artificial intelligence. The company seeks to help its pharmaceutical partners in discovering antibodies more effectively. The company has come up with its artificial intelligence-powered platform named LENS.
The platform uses HYFT index. The platform is equipped to analyze and read complex biological data in such an effective manner that cannot be replicated by other existing algorithms. The platform provides a range of outputs so that researchers can get actionable insights into reams of biological data. The LENS platform is also particularly famed for providing output much quicker than other algorithms.
LENS is a platform that could advance the application of artificial intelligence in the pharmaceutical industry and could also be a major step forward for the artificial intelligence industry in general. The HYFT index is the driver of the algorithm. Artificial intelligence and big data have transformed a range of industries.
LENS platform seeks to transform the pharmaceutical industry by helping with drug discovery. It could potentially transform the personalized medicine space since it offers a single platform for the analysis of multi-omics data. The company recently went into a research collaboration and exclusive option license agreement with the Astellas Pharma Inc subsidiary Xyphis Biosciences Inc. Under the terms of the agreement, the two companies are going to work on optimizing the LENS platform.
Reliance Global Group Inc (NASDAQ:RELI) - a pioneer in the field of InsurTech and is involved in the transformation of the regular insurance agency model. The company seeks to achieve that through the combination of artificial intelligence with the personalized experience of the regular insurance agency.
Recently, the company announced its financial results for the fiscal year that ended on December 31, 2022. The Chief Executive Officer of the company Ezra Beyman noted that Reliance Global Group had clocked a 73% rise in revenues in 2022 when compared to 2021. That had been accomplished thanks to the growth generated by the 10 subsidiary units of the company. Beyman also noted that the company had launched its business-to-business InsurTech platform named RELI Exchange and that had proven to be a success.
SKYX Platforms Corp (NASDAQ:SKYX) - has developed several advanced-safe-smart platform technologies which are disruptive. The company holds more than 60 United States and global patents as well as patent-pending applications at this point.
The company recently completed the acquisition of Belami e-commerce. It is a well-established home décor and lighting firm that boasts 64 websites. The acquisition was strategic. In 2022, Belami generated revenues of $88 million to go along with EBITDA earnings of $4.3 million. SKYX Platforms Corp believes that the acquisition would help with the marketing, growth, and educational platform for different aspects of the technologies that it offers. Additionally, it would also help in the creation of new distribution channels.
A2Z Smart Technologies Corp (NASDAQ:AZ) - is involved in coming up with innovative solutions to complex issues. The company has come up with a flagship product, which is essentially a high-tech mobile self-checkout shopping cart, which has been proven in use.
On May 1, the company announced that it had gone into a fresh customer partnership with one of the leading household essentials and home design chains of Israel HaStok Concept Ltd. HaStok owns 40 stores across Israel. The partnership marked a major new milestone for the company as it expanded its smart cart product into a new niche outside its usual grocery retail market. The purchase from HaStok is for 1000 smart carts and would also involve an upfront payment, revenue sharing, and a guaranteed monthly payment.
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