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Tech Stocks And The Future Of Innovation

Daniel Chase

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The tech stock market has remained largely in the spotlight this year, and we’ve only just recently hit the one-month mark for 2019. The close of 2018 allowed investors the opportunity to take a deep breath after a year of volatile upswings and economic downturns changing hands seemingly every other day. The market decline, overall, affected industries across all sectors, resulting in a massive sell-off so shareholders would be able to put food on the table. All in all, the tech industry has managed to stave off much of the negative market conditions over the past year, and recently, companies in the space have started to recognize gains as a result of looking to new technologies and marketing approaches meant to appeal to consumers looking for qualitative products/investments. 

As far as companies remaining impervious to market conditions, analysts say that those with mid to small market caps are more easily navigable in terms of remaining largely unharmed in times when the market is exponentially more volatile. 

Special Delivery! On-Demand Tech Companies Hit Billion-Dollar Valuations; Here’s How Investors Can Capitalize In The Market

The fact of the matter is that the tech industry is pulling out all the stops to innovative as fast as it can in order to meet the growing demands of consumers. As more obstacles continue to present themselves to the human experience, it is the responsibility of innovators and engineers to design new products and services meant to alleviate the stresses felt from these obstacles. 

New Technologies, New Challenges 

ParcelPal Technology Inc (PKG) (PT0.F) (PTNYF) has quickly become one of the more influential tech stocks in the industry, namely because the Company is one of the first in the space to put the customer’s needs before the product. The opportunity that ParcelPal (PKG) (PT0.F) (PTNYF) many be presenting to investors has drawn comparisons to the way early investors had an opportunity with companies like Uber and GrubHub (GRUB) before they went mainstream in the US. 

The Company, along with others in the food delivery sector of the tech industry, is taking advantage of the fact that, as new technologies have been developed to meet the growing challenges in life, so too has the willingness of consumers to be persuadable, in terms of considering products they otherwise might not consider. ParcelPal utilizes technology-driven logistics to connect consumers with the goods they love, including allowing customers to place orders for cannabis products. Customers can shop at partner businesses and, through the ParcelPal platform, receive their purchased goods within an hour. 

Augmented Reality Is Coming 

Tech analysts predict that by 2025, industries utilizing augmented and virtual reality technology will see revenue streams of approximately $5 billion. A majority of the use-cases for new tech will stem from healthcare sector. Once thought to be the substance of futuristic pipe dreams, AR is becoming a hot commodity for companies introduced in the future of tech. 

Staying ahead of the game, ParcelPal Technology Inc (PKG) (PT0.F) (PTNYF) announced earlier this month that it had signed an integration deal with NexTech AR Solutions (CSE:NTAR) (NEXCF) (N29.F). 

Per the details of the agreement, NexTech will create custom dashboards with its xAPI analytics enabling the tracking of micro-behaviors throughout the AR experience creating a valuable sea of data for ParcelPal and their merchant eCommerce sites. 

With the xAPI and AR experiences integrated on the ParcelPal site and mobile apps the Company will gain a very valuable marketing tool and differentiating technology which will generate the highest conversions, click through, dwell time and sales, providing a valuable roadmap for both companies. 

Where Is Tech Headed? 

When we reminisce about a time before much of the technology we use on a daily basis existed, we recount those days as archaic and out of touch with reality. How could we live in a world without smartphones, tablets, and wearables? As hard as it may seem to believe, fifty years ago, that’s exactly how people felt with the tech they had access to, and generations from now will look back at our devices and see them as relics. 

In terms of predicting where technology is headed, experts say everything is slowly becoming automated, as more people are learning that they can almost completely depend on tech companies to solve their problems.

In the next ten to twenty years, we’ll see self-driving cars, more uses of artificial intelligence, nanobot technology, and countless other types of devices that have yet to be named. 

An Affiliate of JSG Communications, MIDAM VENTURES LLC has been compensated $75,000 per month for 3 months by ParcelPal Technology, Inc. for a period beginning September 1, 2018 and ending February 1, 2019 to publicly disseminate information about (PTNYF/PKG). We may buy or sell additional shares of (PTNYF/PKG) in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. We own zero shares. Click Here For Full Disclaimer

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Energy

Saudi’s Minister Has No Plans To Boost Oil Production After Iran Oil Waivers End

Jon Phillip

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oil and gas news

On Wednesday, Saudi Arabia’s Energy minister Khalid al-Falih said that there was no need to immediately increase oil output. This followed the ending of waivers granted by the US to Iranian crude oil buyers. He added that Saudi Arabia will only respond to increase oil output if there is an increase in demand.

The Decision Not To Increase Output Based On Market Fundamentals

The minister said that his decision was based on oil market fundamentals rather than prices and that they still remain focused on stabilizing the global oil market.  Speaking in Riyadh, Falih said that despite the rising of inventories as a result of sanctions on Iran and the situation in Venezuela it was not necessary to have an immediate response to increase oil output.

Last year the US granted Iranian oil buyers exemptions from sanctions but it has tightened the line by deciding not to renew them.  Saudi Arabia intends to remain within its OPEC production limit as well as be intent to its customers. More so those under waivers and those that have seen their waivers withdrawn. 

The minister said that they are not going to pre-empt the same and increase their output. Oil production number for May are set. It had little variations from previous months. Furthermore, crude oil allocations for June will be decided next month.

Oil Prices Have Been Increasing Since November

Since November, Oil prices have increased. This follows the announcement by the US that all waivers on imports of Iranian oil will not be renewed to put pressure on buyers to stop buying oil, from Iran. This ends up tightening global oil supply. 

On Wednesday, Brent Crude futures dropped to trade at $74.18 per barrel. This followed a statement from the International Energy Agency. This indicates that markets are adequately supplied and global production is stable.

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Reviving The Lost Interest In The Gold Mines: McEwen

Joe Samuel

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gold mining stocks to buy

From the viewpoint of a mining executive, a loss in interest in gold mines is being assessed. After dabbling in other activities in the mining sector, firms and companies must switch back to their core activity of finding new gold mines. What could this mean for mining stocks?

Rob McEwen, CEO and Chairman of McEwen Mining (MUX) says, the first few months of the year has brought and encouraged the attention and interest of the investors in the mining of precious metals sector. But, now it is extremely important to bring up some new discoveries and execute some exploration plans in order to give consistency to the investors’ attention.

New Opportunity For Mining Stocks?

He remarks that a new zeal is required to bring enthusiasm to the investors. The current market is in need of some extraordinary news. He even said that there is no lack of money in this sector and that investors just need to work upon it and create shareholder values.

Chairman McEwen commented as the prices of the gold is consistently falling since3-4 months causing damage to the mining sector. Companies like June Gold Futures and VanEck Vectors Gold Minors ETF last traded at $1,273.50/ounce, and $20.92/share respectively and the former went down 0.32% while the latter faced 0.29% fall on the day.

According to McEwen, a few companies are working in this direction to revive the interest in these mines. These companies are Kirkland Lake Gold (its record production) & Great Bear Resources (its active program of exploration) are mentioned by him in this regard.

McEwen, as per his plans, is heading for extensive drilling plans in North America. He introduced that his company is going to invest $17 million at Black Fox Property’s (North Ontario) exploration plans and $5 million at Gold Bar Mine (Nevada).

McEwen believes that such resources are full of potential and can create peerless mines in the world.

McEwen planned for the aforementioned two plans as the world saw a degradation in the production at Gold Bar due to massive snowfall at Nevada. And also, the production at Black Fox was affected as the contactor-run crushing plant was shut down for 6 weeks in February.

Growth Is The Focus

But McEwen is definite to complete its target no matter what. He said the company will fulfill its 2019 target of gold production of 205,000 ounces. In the first 3 months of 2019, he claimed the gold production of 36,166 ounces. This is 18% more than the gold production in the first 3 months of 2018.

McEwen gave a positive statement saying that price and the interest of investor will be gained back soon once the gold mines receive adequate attention. He says that the mining sector is facing a lacuna of sentiments of investors.

He even said that the importance of gold mines could be seen as unlike investors, Central Bank is showing stability in hiking the bank’s gold reserve and continuing to see it as an international currency. So, it is still important for those investors who are seeking protection for their investments.

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Stock Price Top Trending Articles On Thursday, April 25, 2019

Jon Phillip

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New Tech, Strong Management & A Cutting Edge Product

One company that could stand alone in a multi-billion dollar industry seeing incredible growth in 2019. Click Here For Full Report

The United States To Lead The 5G Connectivity Race

In the contemporary world, every succeeding decade talks about the arrival of a new G. And the recent generation of the internet which has covered the front page of several magazines is the 5G. According to the Cellular Telecommunications Industry Association, there is cutthroat competition between the United States and China. See For Yourself, Here.

This Stock is Providing Potential for Huge Opportunity within the Health Care Industry

The most recent global report from the United Nations states that by  2030 the global population will reach 8.6 billion [1]. This predicted growth in global population presents many potential problems. Some of these problems are obvious; shelter, food etc…What about Healthcare? Click Here To See One Company Taking Direct Aim At Disrupting This Market


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