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Bitget to List Moon App on Bitget Innovation Zone and Web3 Zone

Bitget

Bitget, the world's leading cryptocurrency exchange and Web3 company, unveils its latest addition to the Bitget Innovation Zone and Web3 Zone - Moon App. This listing marks a significant step in Bitget's commitment to supporting the development of various blockchains and ecosystems while offering users access to cutting-edge projects. Moon App is a revolutionary DeFi trade automation and launchpad platform designed to streamline altcoin trading. This platform empowers users with a suite of tools for easy and flexible trade automation, including advanced trading techniques. With Moon App, users can effortlessly automate complex DeFi models, such as snipe liquidity trading, multi-wallet trading, and maximal extractable value (MEV), among others. Moon App's platform offers DeFi trade automation across various areas, including on-chain limit orders, snipe liquidity trading, multi-wallet trading, copy trading, and maximal extractable value (MEV). The user-friendly mobile interface simplifies the process of configuring trade settings, enabling users to automate their trades effortlessly. In essence, Moon App provides a service similar to trading bots but with distinct advantages. Gracy Chen, Managing Director of Bitget, stated, "Bitget seeks a robust way to support the growth of diverse blockchains and ecosystems. This project demonstrates our commitment to fostering innovation in the AI sector and providing our users with access to cutting-edge initiatives. We aim to create a Spot Market with a diverse selection of high-quality projects." Bitget has consistently expanded its market presence in both spot and derivatives trading within centralized exchanges. The addition of Moon App to the Bitget Innovation Zone and Web3 Zone reinforces Bitget's commitment to providing users with opportunities to invest in popular and valuable projects. In 2023 alone, the platform introduced over 350 new listings, showcasing its dedication to diversifying the digital assets available in its spot market. About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 20 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet Contact Details Bitget Rachel Cheung media@bitget.com Company Website https://www.bitget.com/

January 12, 2024 09:09 AM Eastern Standard Time

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Bitget Wallet Supports Avalanche Token Quote to Facilitate On-Chain Swap

Bitget

As a world-leading Web3 trading wallet, Bitget Wallet (formerly BitKeep Wallet) has recently added support for tokens on the Avalanche chain on Bitget Swap, the wallet's integrated swap feature. Following this integration, users will be able to view real-time candlestick chart data as well as detailed on-chain transaction information on both their mobile and browser extension wallets. Users will be able to view important metrics such as transaction records, as well as capital and liquidity flow. Further, users can also view leaderboards for tokens on the Avalanche blockchain, gleaming comprehensive insights on the chain's market performance. Bitget Wallet has aggregated over 10 leading trading protocols on Avalanche, including Trader Joe, SushiSwap V2, and 1inch. By building cross-chain bridges and integrating protocols like Swft and Bungee, it supports same-chain and cross-chain transactions for Avalanche mainnet tokens, offering users a fast, convenient, and gas-free on-chain trading experience. Bitget swap currently supports around 30 blockchains and integrates hundreds of popular DEXs and cross-chain bridges. Having pioneered useful trading features such as gas-free transactions and automatic slippage adjustment, users can expect to easily trade any assets on any blockchain and enjoy a hassle-free trading experience. Always at the forefront of industry innovation, Bitget Wallet was the first to introduce on-chain market data functionality. Based on full-chain DEX trading data, it provides candlestick market data and continuously optimizes its technology to enhance the overall user experience. The current intelligent market data feature includes full-chain market overview, allowing users to overview the macro dynamics of the market and hot sectors; a multi-dimensional market rankings, offering data on hot, new, and potential tokens across the chain, as well as price fluctuation and trading lists. It also boasts a new 'Smart Money' feature which identifies and tracks thousands of historically high-performing 'Smart Money' addresses, revealing the trading directions of professional investors and whales. These features enable users to discover new assets and capture trading opportunities in the crypto market earlier, leveraging battle-tested trading strategies to make well-informed trading decisions. About Bitget Wallet (Web3 Trading Wallet) Bitget Wallet, formerly known as BitKeep, stands as Asia's largest and global frontrunner among all-in-one Web3 multi-chain wallets. We offer a comprehensive range of on-chain products and DeFi services to our users, including wallet functionality, Swap feature, NFT trading, DApp browsing, and more. With a 5-year legacy, Bitget Wallet has garnered acclaim from over 15 million users worldwide and has secured partnerships with prominent industry leaders including Bitcoin, Ethereum, TRON, BNB Chain, Solana, Base, and others. This success stems from our commitment to consistently delivering secure and convenient products and services. In March 2023, Bitget, a leading crypto derivatives trading platform made a substantial $30 million investment in BitKeep, acquiring a controlling stake. Following this strategic move, BitKeep underwent a transformative and strategic brand evolution in August, officially rebranding itself as Bitget Wallet. For more information, visit: Website | Twitter | Telegram | Discord Contact Details Bitget Rachel Cheung media@bitget.com Company Website https://www.bitget.com/

January 12, 2024 09:04 AM Eastern Standard Time

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Uranium Prices Rose By About 90% In 2023 – Sprott Asset Management CEO Discusses This Rise, The Sector’s Challenges And Its Outlook In New Report

Benzinga

By Austin DeNoce, Benzinga As 2023 drew to a close, the nuclear energy market witnessed a remarkable turnaround, particularly in its primary fuel, uranium. For the past decade, the market had been sidelined, but it appears nuclear energy is experiencing a palpable resurgence, earning its place back in the global energy discussion. While this resurgence was marked by shifting public sentiment and governmental support, it was also underscored by significant developments and challenges in the nuclear sector. Sprott Asset Management, a leader in precious metals and energy transition investments, explored these events in detail in its latest uranium outlook, “ What a Year for Uranium and Nuclear Energy.” Below are the key highlights from the report – especially interesting if this is just the beginning of a nuclear and uranium renaissance. The Resurgence Of Nuclear The nuclear sector's journey from oblivion to center stage by 2023 was nothing short of dramatic. At COP26 in 2021, governments began to acknowledge nuclear power as a necessary ingredient to achieving lofty net-zero targets, but it was still met with controversy. However, by COP28 in 2023, nuclear energy was a headline act. This shift marked a significant change in the narrative, but it also birthed concrete commitments from 22 countries to triple their nuclear energy capacity by 2050. Geopolitical And Economic Realities Reshaping Energy Policies The energy crisis of 2022, primarily triggered by Russia’s invasion of Ukraine, played a pivotal role in reshaping global energy policies and highlighting the importance of onshoring the supply of many key materials. The circumstances were reminiscent of the OPEC oil crises, which forced several G20 economies – including Japan, the U.K., Germany and the broader European continent – to reevaluate their energy dependencies. To make matters worse, Germany's decision to phase out nuclear power backfired significantly, leading to an increased reliance on the dirtiest form of coal and a surge in energy prices. This scenario served as a cautionary tale, demonstrating the perils of neglecting energy security for political ideals. The Reality Of Renewable Energy To put nuclear energy’s relevance into context, it’s important to understand the reality of renewables. While renewables like solar and wind are expanding at a record pace, they face their own challenges, particularly in the mismatch of energy production and demand. In areas where renewables are well developed, and the geography provides a high degree of sunlight or wind, this can lead to situations where the cost of electricity from renewable sources is zero or even negative during peak production. However, this energy surplus is useless without cost-effective batteries, highlighting the necessity for practical storage solutions. Even with low-cost battery solutions, locations with intermittent sun or wind have little to no hope of meeting their baseload power demands through renewables. Uranium's Comeback And The Opportunities Ahead As would be expected, the renewed interest in nuclear energy has direct implications for the uranium market. In fact, nuclear energy coming back in style led to a historic rise in uranium prices from $48 to $91 per pound in 2023 – a gain of roughly 90%. But price action was far from the whole story as this previously dormant market grappled with new challenges and opportunities in rebuilding the uranium supply chain. Despite reaching incentivizing levels, the uranium supply response is expected to be slower than anticipated due to legacy issues and long development lead times. Sprott’s full article provides an in-depth analysis of this, including insights from Cameco Corporation (NYSE: CCJ) and other industry leaders. The article also explores the geopolitical dynamics influencing the uranium market, particularly the roles of Kazakhstan and Russia. With Kazakhstan emerging as a major uranium producer and Russia securing future production for its security of supply, the geopolitical landscape presents complex challenges for the global uranium supply. The Sector’s Prospects In 2024 And Beyond With the uranium spot price hitting new highs and utility contracting accelerating, the nuclear sector is looking poised for significant growth heading into 2024. The renewed interest in the sector is attracting much-needed capital investments to meet the current expansion plans but also to sustain the long-term growth and innovation in the market for the foreseeable future. In all likelihood, the electron reality and revitalization of the nuclear energy sector are poised to play a pivotal role in the clean energy transition, offering a reliable and low-carbon solution crucial for achieving global climate goals and securing a sustainable energy future – but supply chains that have long since disappeared need to be rebuilt. Read the full report by Sprott’s CEO John Ciampaglia here. 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

January 12, 2024 09:00 AM Eastern Standard Time

Stars Align For A Silver Bull Market? Primary Silver Miners May Be Poised To Shine

Benzinga

By Faith Ashmore, Benzinga 2023 marked another year of a pronounced supply-demand deficit in silver, driven by record industrial demand from robust global investments in the green economy. The most significant increase came from photovoltaics. In a recent revision for 2023, the Silver Institute and Metal Focus group bumped up their estimate of silver uptake in solar panels, indicating usage of approximately 200 million ounces of silver for the year. This represents a substantial increase from the approximately 110 million ounces used in 2021. Mirroring this growth, BloombergNEF upgraded its global solar build forecast to 413 GW in 2023 – up 125% over two years, with China accounting for nearly 60% of the installed volumes. The acceleration can, in part, be attributed to record-low prices for all types of solar panels, making adoption more affordable. Meanwhile, solar panel innovation has reached an inflection point. In a recent opinion piece published on Streetwise Reports, market commentator and fund manager Chen Lin pointed out that upcoming generations of solar panels are anticipated to require 25-100% more silver for improved efficiency. Many experts in the field share the same optimism regarding the continued rapid growth of silver uptake in solar panels over the coming years. In particular, ANZ Bank expects photovoltaics to represent more than 50% of silver industrial demand by 2025, compared to about 20% in 2021. On the supply front, annual mine production has remained rangebound between 800 and 900 million ounces over the last decade. The current structural deficit will likely persist for the foreseeable future unless numerous new primary silver mines are built or marginal mines resume production. Achieving either of these scenarios demands a prolonged period of elevated silver prices. Light At The End Of The Tunnel? Precious Metals Rally Throughout 2023, the volatility of silver prices persisted, primarily driven by the dynamic influence of the U.S. Federal Reserve's monetary policy. However, there appears to be light at the end of the tunnel. The start of last December welcomed a more dovish tone from the Fed, which fueled a precious metals rally. Gold broke above $2,100 per ounce (an all-time high), and silver nearly reached $26 per ounce (a multi-month high). By mid-December, the Fed released a more definitive signal for the end of the tightening cycle by keeping key interest rates steady and indicating three cuts in 2024. With this in mind, companies like Silvercorp Metals Inc. (NYSEAMERICAN: SVM) (TSX: SVM ) could potentially be undervalued relative to peers despite Silvercorp’s performance and growth strategy. Silvercorp is an established Canadian miner that boasts of a strong balance sheet and of combining a track record of profitability along with growth opportunities including fully-funded ‘organic’ growth within its existing low-cost mines, while also engaging in ongoing strategic M&A efforts. Ying Mining District: Helping To Meet The Global Silver Demand In 2004, the company began operations in China’s Ying Mining District which is known for its tremendous resource wealth, principally in silver-lead-zinc mineralization. After two years of exploration and development, the company began production in April 2006. The company reports that the operation proved to be extremely profitable, largely in part due to the high grades of the metals found at the site. Over the next several years, Silvercorp expanded its footprint in the region and increased the production profile of the flagship operation. From 2007 to 2017, Silvercorp roughly tripled Ying’s silver output, delivering 5.9 million ounces in 2017 – solidifying the company’s status as China’s largest primary silver producer. Silvercorp has maintained strong operating margins at Ying while growing its production, with annual all-in sustaining costs remaining below $10/oz over the last seven years despite mounting inflationary pressures affecting miners globally. In fiscal 2023, Ying reported producing 6 million ounces of silver at an all-in sustaining cost of $9.73/oz, generating $63 million in income from mine operations and representing a peer-leading operating margin of 36%. The company is working to further improve the operation’s productivity and efficiency by enhancing mine mechanization and expanding milling capacity. As silver becomes an increasingly integral component of the green economy, established pure-play producers like Silvercorp could play a more instrumental role in meeting the global industrial demand for silver. Anticipating further positive developments for Silvercorp in 2024, interested investors may want to stay tuned for additional news and analysis on the company. Readers interested in the latest updates on Silvercorp's performance and growth strategies can find additional information at silvercorpmetals.com/welcome. 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

January 12, 2024 09:00 AM Eastern Standard Time

Through Tree-Planting Partnership With Evertreen, Diamond Lake Minerals (OTCMKTS: DLMI) Seeks To Send Out Message: The Future Of Finance Can Indeed Also Be Green

Benzinga

By Austin DeNoce, Benzinga Over the last several years, environmental awareness and the need for sustainable practices have grown into a business imperative across developed economies. Sustainability and environmental consciousness are now driving many investments, with the rise of environmental, social and governance (ESG) investing. Recognizing this, Diamond Lake Minerals Inc. (OTCMKTS: DLMI), a pioneer in the development and support of digital assets and SEC-registered security tokens, has joined forces with the eco-conscious platform Evertreen, marking a significant stride in its commitment to ecological leadership and corporate responsibility. A Partnership Rooted In Environmental Consciousness Evertreen is a platform dedicated to environmental conservation through reforestation. It provides individuals and businesses the opportunity to offset their carbon emissions and alleviate poverty around the world by planting trees through partner farmers. With that in mind, Diamond Lake Minerals's collaboration with Evertreen is a testament to its own dedication to environmental conservation. By initiating the planting of 500 mangrove trees in Kenya, the company has planted 1,000 total trees with 308 tons of CO2 being absorbed. Mangroves were specifically chosen for their unique benefits, including erosion prevention, carbon sequestration and supporting biodiverse ecosystems and local communities. This planting is also just the start of a more extensive campaign, with the vision to plant millions of trees over the next decade as part of its long-term commitment to environmental sustainability. Notably, this initiative also contributes to a number of United Nations Sustainable Development Goals (UN SDGs), demonstrating Diamond Lake Minerals' ability to align its broader vision of integrating ethical business practices with technological advancement. Planting trees supports opportunities for income and livelihood through sustainable forestry and eco-tourism, addressing SDG 1 (Less Poverty); contributes to climate action (SDG 13) by absorbing carbon dioxide, thereby mitigating the impact of human-influenced climate change; and enhances life on land (SDG 15) by providing habitat for wildlife, preventing soil erosion and promoting biodiversity to create a healthier ecosystem. Support For The Initiative The initiative from Diamond Lake Minerals and Evertreen has garnered backing from a wide range of circles, including a panel of expert advisors and professionals like Anthony Scaramucci, Larry Namer, Andrew Fromm, Brandon Fugal, Michael Malik Sr., Raul Leal, Agnes Budzyn, David Meltzer and Marty Pompadur have joined the company, bringing years of expertise and success. Each individual from the panel brings a unique perspective and expertise across a variety of sectors under a unified mission and commitment to a sustainable future. Naturally, the initiative is also championed by Diamond Lake Minerals CEO Brian J. Esposito, who stated, "We are committed to doing everything we can with the power and reach of DLMI, our subsidiaries, and with the support of our wonderful partners around the world, to bring attention and focus to deforestation and great initiatives and companies like Evertreen that can help combat this." The Legacy Of Diamond Lake Minerals And Evertreen Diamond Lake Minerals and Evertreen's partnership represents more than just tree planting; it's a narrative of hope, action and leading by example. It underscores a crucial point that businesses can and should play a pivotal role in environmental conservation. As Diamond Lake Minerals continues to weave its expertise in digital and traditional asset management, its foray into eco-conscious projects highlights a powerful message: the future of finance can indeed be green, ethical and innovative. Ultimately, Diamond Lake Minerals is working to bridge the worlds of traditional finance and the burgeoning field of decentralized finance (DeFi), with a focus far beyond financial innovation. The company aims to become a trailblazer within the nascent industry by demonstrating that the future of money and digital assets can harmoniously coexist with a commitment to our planet's health. As Diamond Lake Minerals and Evertreen sow seeds for a greener tomorrow, they not only contribute to a healthier planet but also set a precedent for how businesses can integrate environmental responsibility into their core values. Needless to say, their journey is a compelling story nurturing a legacy that extends beyond balance sheets to a greener, more sustainable world. 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

January 12, 2024 09:00 AM Eastern Standard Time

Serenity Shield adds Decentralized Private Messaging to StrongBox’s® Privacy Suite

Serenity Shield

Decentralized messaging turns StrongBox® into a comprehensive privacy hub for data storage and communication. With fully encrypted data that is never stored on centralized servers, Serenity Shield creates a service for web2 and web3 users alike. Serenity Shield, a multi-chain project delivering secure data storage and digital inheritance solutions, is releasing a brand-new StrongBox® dApp feature — a decentralized private messaging system. This latest addition to Serenity Shield's suite of products is designed to eliminate central points of data vulnerability, protecting user data from security breaches and unauthorized access. StrongBox’s® new feature is a direct response to the data leaks widely reported on centralized messaging applications last year, such as when Line messaging app leaked over 300,000 personal data entries. To provide fault-proof private messaging, Serenity Shield ensures that the end-to-end, military-level encryption within StrongBox® remains confidential at all times. At the same time, no data is ever stored on centralized servers. "Messaging platforms are the bedrock of modern communication, yet many providers fail to give their users the security they deserve. Think about the last message you sent on your phone. It might have been a sentimental note to a loved one or, in other cases, sensitive information about your health or finances. You probably wouldn’t want it leaked. Truly private messaging should be a basic right,” said Venket Naga, the CEO of Serenity Shield. "With the integration of private messaging into our StrongBox® data storage service, Serenity Shield is embarking on an exciting new chapter. We expect this innovation to boost our user base, setting the stage for widespread mass adoption and sparking a new wave of investments. The importance and need for secure communication in personal and business environments cannot be overstated.” Serenity Shield's StrongBox® dApp already allows for sensitive information, including medical records, real estate files, and private keys, to be kept in a secure environment. The arrival of a messaging platform transforms StrongBox® into a comprehensive privacy hub where data storage and private communications are brought together in one place, paving the way for mass adoption of decentralized security solutions. By integrating a user-friendly interface, Serenity Shield makes privacy a universal experience — open to everyone, irrespective of their technical background. The newly announced messaging service will be available across various devices and operating systems, preventing prospective users from being shut out because of the brands or devices they use. An official launch date of the messaging service and details of how users can try this powerful tool will be announced in due course. About Serenity Shield Serenity Shield is a multi-chain solution dedicated to privacy and security. It empowers individuals and businesses to interact securely and confidently in the digital world by leveraging the power of blockchain to safeguard and protect user data. Serenity Shield offers a unique and innovative way to store sensitive data and document inheritance, ensuring that legacies and digital assets live on for generations. The company’s leading product - the StrongBox® DApp - enables individuals to reclaim control over their data, identity, and digital assets while protecting their loved ones, families, and businesses. Learn more at serenityshield.io. Contact Details EAK Digital Marco Lucchesini marco.lucchesini@eakdigital.com

January 12, 2024 09:00 AM Eastern Standard Time

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The Ultimate Choice for NSFW AI Chat: Candy.ai [Jan 2024]

EverAI Limited

If you want the best NSFW AI chat 2024 has to offer, there's only one answer. Candy.ai's unfiltered, mature chatbots are built for the kind of experiences competitors often shy away from. You can use the power of AI to create a custom NSFW chatbot with a personality and appearance tailored to you, a virtual girlfriend who wants to fulfill your deepest desires. In 2023, Candy.AI rolled out multimedia features; you can request uncensored selfies from your NSFW chatbot, create unfiltered AI art, and even request audio messages. There's more to come, which will strengthen Candy.ai's status as the best NSFW AI chat 2024 will see. Why Candy.AI Has the Best NSFW AI Chat 2024 Compared to the competition, Candy.ai has a few key advantages that elevate it to the next level. Some of the factors that make it the best NSFW AI chat 2024 has to offer include: Dozens of custom NSFW AI chatbots waiting for you: Whether you want a curvy, confident older lady or a kawaii Japanese anime girlfriend AI, you have dozens of ready-made options. If none of them suit you, Candy.ai makes it easy to pick your own. Custom personality suited to your desires: You have unlimited reign to customize the look of your NSFW AI chatbot, but you can tailor her personality too. Give her the perfect demeanor and character to suit your texting fantasies. NSFW AI chat and more: When you're having an intense chat, sometimes you want to go further; Candy.AI empowers you to do just that by requesting selfies or audio messages at the peak of your conversations. Constant development: Candy.ai's development team constantly launches new content and features. More custom chatbots, new ways to chat, and even video content are on the way. How to Use Candy.ai's NSFW AI Chat Using NSFW AI chat on Candy.AI couldn't be simpler. If you'd like to use one of the ready-made NSFW chatbots, all that you have to do is click on their picture and sign up for an account. Making your own chatbot for NSFW is as simple as three steps: Navigate to the “Create” page after signing up for an account. Design your NSFW AI chat bot by selecting the physical features, personality traits, etc. you want in your virtual girlfriend. Include a text prompt with extra details if you like. Hit the “generate” button and dive into the best NSFW AI chat of 2024. Try Candy.AI; Enjoy The Best NSFW AI Chat 2024 If you want the ultimate AI chat NSFW experience, Candy.ai is what you're looking for. Sign up today and get a taste of free NSFW AI chat, or sign up for a premium account for unlimited features at just $12.99/mo. NSFW Chat AI FAQs: Does Character AI allow for NSFW responses? Character.ai and other popular chatbots mostly don't allow NSFW. However, Candy.ai is an excellent NSFW Character AI alternative that's tailored from the ground up for virtual intimacy. How to bypass AI filters? The AI filters that are common in popular chatbots are highly complex and difficult, if not impossible to bypass. In the rare event users find a workaround, the platforms quickly patch it up. The best way to bypass AI filters is to choose an unfiltered NSFW chat alternative, like Candy.AI. Is there a chat AI without restrictions? Candy.AI is completely free of the NSFW restrictions that hinder many other popular chatbots. You can create, chat with, and even receive custom photos from an AI girlfriend with no NSFW filter. Which AI chatbots allow NSFW content? Candy.AI is the best chatbot that allows NSFW content thanks to its highly personalized chatbots. However, you might also try NSFW Character AI for its amazing art generation and MyAIGirlfriend.ai if you're interested in the companionship an AI girlfriend can offer. Contact Details EverAI Limited +44 7458 107874 pr@everai.ai Company Website https://candy.ai

January 12, 2024 09:00 AM Eastern Standard Time

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The Robust Utility Sector: An Overview of XLU ETF

Select Sector SPDR

In a world filled with market volatility, the utilities sector stands out as a constant. The Utilities Select Sector SPDR Fund ( XLU ) provides investors with a potential hedge against this uncertainty. This low-cost, easily accessible fund concentrates on the largest U.S. companies in the utilities industry, making it a compelling option for those seeking portfolio diversification. Investing in XLU: A Comprehensive Snapshot Launched in 1998, XLU has proven to be a popular choice among investors, with average daily trading volume exceeding 14 million shares in 2023. The Fund has over $14 billion in assets and boasts an impressively low total expense ratio of 0.10%*. Its portfolio comprises 30 companies with a median weighted market cap of $24 billion. The top 10 holdings** account for nearly 60% of the fund’s assets. These include renowned names like NextEra Energy (13.30%), Southern Company (8.16%), Duke Energy (7.98%), Sempra Energy (5.02%), and American Electric Power (4.56%). These companies are primarily engaged in producing, generating, transmitting, or distributing electricity or natural gas, which are essential services that remain in demand regardless of stock market conditions. The fund also recognizes the growing importance of renewable energy. As the cost of materials for producing renewable energy has stabilized thanks to tax credits, new developments, and increased production of solar panels and wind farms, this segment of the utility sector is becoming increasingly more viable. The Case for XLU: Steady Business and High Demand There are two primary reasons why XLU is an appealing investment. First, the utility sector is known for its steady business model. Most people pay their power bills directly to the provider, ensuring a consistent revenue stream. Second, the increasing demand for electricity presents significant opportunities for utility companies. As electronic devices and electric vehicles become more prevalent, these companies must invest in infrastructure upgrades and expand their generation capacity to meet the rising energy requirements. XLU provides robust exposure to large-cap utility companies, which are essential for powering our economy. Its high trading volume benefits both buyers and sellers. For investors seeking a diversified portfolio, adding a utility sector fund like XLU could be a bright move. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. *Ordinary brokerage fees apply **Holdings, Weightings & Assets as of 12/31/23 subject to change DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL007165 EXP 3/31/24 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

January 12, 2024 05:00 AM Eastern Standard Time

Overstock Trader Simplifying Excess Inventory Management for Global Retailers

KISS PR Brand Story

Northampton, United States, January 12, 2024- In an era where inventory management can make or break a business, Overstock Trader emerges as a game-changer, revolutionizing how global retailers navigate the complexities of excess inventory. With a mission to streamline the surplus goods liquidation process, Overstock Trader stands as a beacon for businesses seeking efficient solutions in the competitive retail landscape. The retail industry is no stranger to the challenges posed by excess inventory – the surplus goods that accumulate due to various factors such as seasonality, changing consumer trends, or overestimation of demand. Managing and can be a daunting task, often leading to operational inefficiencies and financial strain for businesses. Overstock Trader steps in as a strategic partner for global retailers, providing a dynamic platform that connects sellers with a vast network of buyers. The core objective is to facilitate an efficient and transparent liquidation process, ensuring that excess inventory finds its way into the hands of eager buyers from around the world. One of the key strengths of Overstock Trader lies in its global network. The platform spans various industries and product types, creating a collaborative space where sellers and buyers converge. This global reach not only opens doors to new markets for retailers but also fosters a community of collaboration and opportunity. Overstock Trader apart is its commitment to integrity, transparency, and reliability. The platform prioritizes user experience, offering a user-friendly interface that caters to both seasoned retailers and those new to excess inventory management. This commitment to a seamless user experience ensures that the surplus goods liquidation process is not only efficient but also accessible to businesses of all sizes. Overstock Trader provides a comprehensive inventory liquidation management service for businesses facing excess inventory challenges. Whether dealing with seasonal items, discontinued products, closeouts, or other surplus goods, the platform adapts to a wide range of scenarios. It goes beyond being a service; Overstock Trader is a strategic partner empowering businesses to optimize their operational efficiency and maximize the value of excess stock. For global retailers seeking efficient excess inventory liquidation, Overstock Trader offers a straightforward process. The platform is accessible at Overstocktrader.com, providing businesses with the tools and resources needed to navigate the surplus goods landscape effectively. About Overstock Trader: Overstock Trader is a leading player in the excess inventory management industry, dedicated to simplifying surplus goods management. Through its dynamic platform, Overstock Trader connects global retailers with a diverse network of buyers, fostering collaboration and opportunity in the retail landscape. Media Information Name: Emily Sanchez Organization: Overstock Trader Email: Info@overstocktrader.com Phone: (413) 341-2018 URL: https://overstocktrader.com/ Address: 181 Main Street,Suite#101 Northampton MA 01060 Disclaimer: This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-l ooking statements. Release ID: 861847

January 11, 2024 10:00 PM Eastern Standard Time

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