News Hub | News Direct

All Industries


Article thumbnail News Release

DealMaker & Issuance Settle Lawsuit

DealMaker

DealMaker, Issuance Inc., Crush Capital Inc. and Darren Marble are pleased to announce a settlement in the pending litigation commenced by DealMaker earlier this year. The terms of the settlement ensure that all parties continue to support issuers raising capital online and expand the private capital raising ecosystem by providing greater access to capital raising markets. DealMaker, Issuance and Crush Capital look forward to broadening their relationship and providing value for all the parties as we work towards advancing more sophisticated capital markets tools, empowering capital to flow faster. About the Companies DealMaker DealMaker is an e-commerce-style digital platform that enables companies to easily raise capital online and market capital raises to the broader public. DealMaker’s mission is to make online capital raising mainstream by allowing companies to raise capital digitally, from their communities. It provides a suite of technology tools including ecommerce checkouts for buying securities, stakeholder communication tools and digital marketing integrations. Founded in 2018, Issuance is a SaaS-based capital-raising platform utilized by issuers for regulation financings. The platform is built on a foundation of industry leadership and success, where Issuance has helped issuers raise over $300M of growth capital. Issuance offers a streamlined mobile and desktop-friendly checkout experience that allows investors to seamlessly purchase securities of the brands they know and love. Crush Capital Crush Capital is creating a new category at the intersection of finance and entertainment for the everyday investor. Through its groundbreaking original series, "Going Public,” viewers follow the stories of founders on their capital-raising journeys and can Click-to-Invest in featured companies while they watch. The series gives viewers an inside look at featured companies, providing education and awareness to help them to make more informed investment decisions. Contact Details Leigh Nolan leigh.nolan@dealmaker.tech

December 22, 2023 09:00 AM Eastern Standard Time

Article thumbnail News Release

Taiwan Sport Industry Expo 2023 to Open at Taipei's Songshan Cultural and Creative Park

Sports Industry and Planning Division , Ministry of Education

TAIPEI, TAIWAN - Media OutReach Newswire - 22 December 2023 - The highly anticipated Taiwan Sport Industry Expo 2023 is set to captivate visitors from December 23, 2023, to January 1, 2024, at the Songshan Cultural and Creative Park in Taipei. The expo invites the public to explore Taiwan's sports and industry sectors from utterly fresh perspectives. Taiwan Sport Industry Expo 2023 to Open December 23 With the expo spanning Warehouses 1 to 5, each section offers unique attractions. Warehouse 1 will feature award-winning works from the Women in Sports Photo Awards and highlight the outstanding achievements of Taiwanese athletes in international competitions such as the Olympics, Paralympics, Asian Games, Asian Para Games, and World University Games. This section aims to share with visitors some glorious moments of Taiwanese athletes in the global arena. Warehouses 2 and 3 will delve into both professional and amateur sports that capture the attention of devoted fans. Also included are recent trends in fan culture. A full spectrum of in-depth exhibits offer insights into the multifaceted developments in Taiwan's professional and amateur sports scenes. Alongside the expo's showcasing Taiwan's prowess in competitive sports, Warehouses 4 and 5 will display the soft power of the Taiwanese sports industry, in particular the booming esports sector. Warehouse 5 will host an esports zone, allowing visitors to get up close and personal with the allure of competitive gaming, especially after Taiwan's remarkable performance in esports during the Hangzhou Asian Games. Featuring over 90 exhibitors, Taiwan Sport Industry Expo 2023 promises daily delights, with special events scheduled for Christmas and New Year's Eve weekends. Highlights include meet-and-greet sessions with professional baseball and basketball players and cheerleaders, as well as mascot parades. The public is welcome to join in this diverse range of activities, no less than a gala in celebration of the flourishing sports industry in Taiwan. Contact Details Media Contact Chang Ru-min rmchang@mail.sa.gov.tw

December 22, 2023 09:00 AM Eastern Standard Time

Image
Article thumbnail News Release

Legible Releases World-first AI-powered eBook Classic

Legible Media Inc

A Christmas Carol AI Now Available Exclusively to Legible Members Click Image To View Full Size   Vancouver, British Columbia - TheNewswire - December 22, 2023 - Legible Inc. (CSE:READ) (OTC:LEBGF) (FSE:D0T) (" Legible ” / “ Company ”), a pioneer in the digital book industry, is pleased to launch the first in a series of world-first interactive AI classics, with the debut of A Christmas Carol AI for the festive season. The next eBook in the series, Animal Farm AI, will be released in January 2024, with monthly releases of original AI-powered classics to follow.   This innovative series, exclusive to Legible and included for members of Legible’s Unbound membership service, sets a new standard for immersive literary experiences, allowing readers to engage in dialogue with the book's characters, discuss the plot, ask nuanced questions, and explore ideas, from directly within the eBook.   "We are excited to introduce these interactive AI classics to the world," said Kaleeg Hainsworth, CEO of Legible. "I have been developing eBooks for twenty-five years, and nothing like this has ever been done for a global audience. With the introduction of our AI classics to our platform, we are witnessing the birth of a new publishing era, both in the innovative (and ethical) use of AI in a fully standard eBook, but also in Legible’s platform which is hosting these titles and showing the way for publishers to innovate and still be able to sell to a mass market internationally. This novel way of storytelling aligns with our mission to make reading more engaging and accessible to a global audience and bring greater value to our Unbound members every month."   Legible's breakthrough technology leverages artificial intelligence to bring characters to life, offering readers new levels of interactivity and engagement and reimagining how literature can be enjoyed and appreciated. Key features of Legible’s AI -powered Classics series include:   Conversational Characters: Real-time conversations with characters within the eBook, gaining fresh insights into the narrative and exploring the story from previously unexplored perspectives.   Plot Discussions: Dive deeper into the plot by discussing pivotal events, character motivations, and thematic elements, further enhancing understanding and appreciation of the story.   Interactive Learning: Legible’s interactive AI-powered eBooks are excellent educational tools, enabling questions about literary themes, historical context, and symbolism, and offering an invaluable resource for students, multilingual audiences, and lifelong learners.   Exclusive Access: The AI-powered book series is exclusively available to Legible customers and is included in Legible Unbound, the Company’s flagship membership service, which offers unlimited access to a vast curated library of eBooks and audiobooks for an affordable monthly fee of $12.99.   Original Artwork: The series features beautiful one-of-a-kind works of art created by an artist working with AI reflecting the style and colour palette of each novel's period. A creative statement is included by the artist in the book.   The AI-powered series becomes available starting December 22, 2023, with new b ooks to be released each month. Experience the future of reading by subscribing to Legible Unbound today at legible.com. D ownload the Legible app to begin accessing this original content as well as a vast selection of eBooks and audiobooks from any smart device, computer, and vehicle, anywhere in the world.   About Legible Inc.   Legible is a groundbreaking, mobile-centric global company specializing in eBooks and audiobook entertainment, boasting a market opportunity exceeding billions of dollars. Legible’s extensive partnerships encompass four of the Big 5 Publishers and the world's largest eBook distributor, enabling Legible to seamlessly deliver millions of eBooks and audiobooks, effectively transforming any smart device into a dynamic library and eBookstore.   At the heart of Legible’s innovation lies its Librarian AI, the world's pioneering AI-powered literary assistant, enhancing the reading experience. Legible’s publishing division is revolutionizing the industry by crafting proprietary AI-enriched multimedia books, setting new standards in literary engagement.   Legible is at the forefront of reshaping the digital publishing landscape, committed to gaining a significant market share by providing innovative 21st-century publishing solutions and enriching global reading experiences.   Please Visit Legible.com and discover the place where eBooks come to life.   Contact Legible Inc. Deborah Harford EVP, Global Strategic Partnerships 1 (672) 514-2665 (Canada CSE: READ) (U.S.A OTCQB: LEBGF) (Germany FSE: D0T) invest@legible.com Website: https://invest.legible.com     Cautionary Note Regarding Forward Looking Information This Press Release contains certain statements which constitute forward-looking statements or information (“forward-looking statements”), including statements regarding Legible’s business. Such forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Legible's control, including the impact of general economic conditions, industry conditions, currency fluctuations, the lack of availability of qualified personnel or management, stock market volatility and the ability to access sufficient capital from internal and external sources. Although Legible believes that the expectations in its forward-looking statements are reasonable, they are based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward- looking information. As such, readers are cautioned not to place undue reliance on the forward- looking information, as no assurance can be provided as to future results, levels of activity or achievements. The forward-looking statements contained in this document are made as of the date of this document and, except as required by applicable law, Legible does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement.

December 22, 2023 08:30 AM Eastern Standard Time

Image
Article thumbnail News Release

Bitget Wallet Announces Development Plan Supporting the BTC Ecosystem

Bitget

Chainwire World-leading Web3 trading wallet, Bitget Wallet (formerly BitKeep Wallet) has announced a comprehensive support and development plan for the Bitcoin ecosystem this month. The initiative signifies an active expansion in supporting the Bitcoin ecosystem, with increased investments in the areas of product research and development, with the goal of bringing more trading options for users and enhancing their overall asset management experience. Bitget Wallet offers a range of services centered around the Bitcoin ecosystem, including providing support for BTC asset management, cross-chain swaps, and on-ramping for EOA and MPC wallets. Bitget Wallet also offers Taproot compatibility together with asset transfers for BRC-20 tokens and NFTs. Additionally, users can gain insights on overall market trends of the Bitcoin ecosystem on Bitget Swap, as well as interact with popular projects on Bitget Wallet's DApp browser. An increasing number of Bitcoin ecosystem projects are integrating Bitget Wallet on their official websites, such as Unisat, ALEX Lab, LifeRestart, and Bitmap Explorer, which are all featured on Bitget Wallet's integrated DApp browser for ease of user access. Users can expect to access a whole range of services within the Bitcoin ecosystem, including DeFi, cross-chain bridges, minting inscriptions, and performing BRC-20 token transactions. Together with the explosive growth of inscription-based projects on the Bitcoin ecosystem, Bitget Wallet's DApp browser has also experienced a notable increase in user interactions with inscription-related DApps as well over the past month. In the future, Bitget Wallet will place its focus on medium to long-term market prospects of the Bitcoin ecosystem, and work to enhance both its technological infrastructure and product features. This also includes increased investments in key areas such as Lightning Network, Nostr and Taproot Assets, BRC-20, and ARC-20 inscriptions. Amongst these, Lightning Network will be a prominent area of focus, with plans to support multiple address formats, and improving asset transfer efficiency. Additionally, Bitget Wallet is also planning on introducing asset swaps between the Bitcoin mainnet and the Lightning Network to support cross-chain transactions between BTC and EVM assets on Bitget Swap, enhancing opportunities for portfolio diversification and enriching trading options. Taproot asset issuance will also be another area of exploration for Bitget Wallet, underscoring the platform's proactive adaptability and passion for embracing emerging technologies. Alvin Kan, Chief Operating Officer of Bitget Wallet, emphasizes the significance of Bitcoin, stating, "As the fundamental cornerstone of the Crypto industry, Bitcoin is not only seen as an undisputed benchmark of crypto value, but also represents the innovative spirit of the industry. Catalyzed by the introduction of the BRC-20 and Ordinals protocols, together with the imminent halving next year, the Bitcoin ecosystem is set to be a prominent player in shaping the overall trajectory of the Web3 world. " As a world-leading Web3 trading wallet, Bitget Wallet has been committed to providing users with a wide range of assets, powerful trading features, and seamless trading experiences throughout its five-year legacy. "As the Bitcoin ecosystem continues to grow, we aim to emerge as a key player, introducing stronger and more seamless ways for users to manage and grow their assets on the Bitcoin ecosystem. " Alvin Kan stated. About Bitget Wallet (Web3 Trading Wallet) Formerly known as BitKeep, Bitget Wallet stands as Asia's largest and global frontrunner among all-in-one Web3 trading 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, MPC Wallet and more. With a 5-year legacy, Bitget Wallet has garnered acclaim from over 12 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 Rachel Cheung media@bitget.com

December 22, 2023 07:04 AM Eastern Standard Time

Image
Article thumbnail News Release

VOESH and Ivystone Group Debut New Partnership at Dallas Total Home & Gift Market

VOESH New York

VOESH, a prominent beauty and skincare brand, is thrilled to announce its exciting collaboration with the esteemed Ivystone Group, a highly respected curator in the gift and home industry. This partnership represents a noteworthy achievement for VOESH as the brand gears up to present its complete product line at Ivystone’s annual Dallas Total Home & Gift Market, taking place from January 10-16, 2024. With more than five decades of vibrant sales expertise in the gift and home industry, Ivystone has successfully collaborated with a diverse range of products spanning gift, home, garden, fragrance, personal care, fashion, and seasonal categories. The group is instrumental for brands aiming to expand and gain prominence in the U.S. market. Backed by a devoted team of sales representatives and established showrooms in three major cities across the nation, Ivystone is steadfast in its commitment to ensuring retail success for its partners. The unveiling of VOESH's permanent space at Ivystone’s Dallas Market for the Total Home & Gift Market promises an immersive experience for attendees, providing an exclusive look at VOESH's extensive range of award-winning, patented, vegan, and clean products. VOESH’s collection includes a variety of skincare solutions and spa-worthy indulgences that cater to the beauty, wellness, and gifting industries. "This exciting new partnership with Ivystone perfectly complements our mission to enhance beauty experiences by offering consumers clean, high-quality products," stated Vera Oh, Co-Founder of VOESH. "We take pride in the fact that many of our products are ideal for individuals of all ages, making them perfect gifts and a great fit for Ivystone’s amazing group of brand partners. We are thrilled to be part of this opportunity." Founded in 2013, VOESH New York is known for its 100% vegan, cruelty-free, and sustainable practices. With a dedication to consumer safety, it excludes over 1,680 EU-banned ingredients and an additional 400 potentially harmful substances. All products undergo rigorous dermatologist testing, prioritizing the well-being of consumers. “VOESH’s commitment to quality and innovation aligns seamlessly with our vision for our gifting and home goods retail partners. Our team is looking forward to working with the VOESH team and presenting their products at the Dallas Total Home & Gift Market.” said Monica Loving, Vice President of Vendor Development at Ivystone. Experience VOESH at Ivystone’s Dallas Total Home & Gift Market, located in Suite 236 at the World Trade Center, from January 10-16, 2024. The show is open to all registered retailers during the show dates, and post-show visits can be arranged by appointment through Ivystone. For more information about VOESH and their collaboration with Ivystone, please visit www.voesh.com or www. ivystone.com. About VOESH New York: Founded in 2013, VOESH New York has emerged as a premier destination for clean and efficacious body care for head-to-toe wellness. Its noteworthy products include its award-winning Shower & Empower Vitamin C Shower Filter, and Collagen Gloves and Socks, and Solemate Heel Balm. VOESH New York is proud to be 100% vegan, cruelty-free, and sustainable — because every body deserves better beauty. All VOESH New York products are certified by PETA and registered with the EU CPNP, and UK SCPN. Always vegan, cruelty-free, and dermatologist-tested, VOESH New York proudly excludes all 1,680+ EU-banned ingredients and an additional 400+ potentially harmful ingredients. VOESH New York products can be found at select Macys.com, Von Maur, and Uncommon Goods stores nationwide, as well as on voesh.com, amazon.com, walmart.com, and riteaid.com. All VOESH New York products are certified by PETA and registered with the EU CPNP, and UK SCPN. Always vegan, cruelty-free, and dermatologist-tested, VOESH New York proudly excludes all 1,680+ EU-banned ingredients and an additional 400+ potentially harmful ingredients. VOESH New York products can be found at select Target, Rite Aid, and, Kroger stores nationwide, as well as on voesh.com, amazon.com, walmart.com, and riteaid.com. Contact Details absolute R relations Colleen Mathis +1 917-690-5560 Colleen@absoluterrelations.com Company Website https://voesh.com/

December 22, 2023 07:00 AM Eastern Standard Time

Article thumbnail News Release

Life2Vec AI Death Calculator: 87.4% Precise Fate?

Crushon

Deciphering the timeline of our existence has long been a subject of human fascination. In the realm where technology meets existential inquiry, Life2Vec AI Death Calculator presents itself as a groundbreaking tool. This technology, steeped in data analysis, ventures to predict the lifespan of individuals with a precision that was once deemed possible only within the pages of science fiction. Can Life2Vec AI Death Calculator Chart Your Lifespan? At the heart of Life2Vec AI Death Calculator lies a complex algorithm, Life2Vec, that aggregates and interprets vast datasets. The AI scrutinizes a multitude of factors including medical history, genetic predispositions, lifestyle choices, and socio-economic backgrounds. This comprehensive scrutiny enables Life2Vec to forecast life expectancy with an accuracy rate that has been proven to be 87.4% in controlled studies. How to Access Life2Vec AI Death Calculator? For those intrigued by what Life2Vec AI Death Calculator may reveal about their longevity, the technology has now become accessible. Initially, the availability of such a predictive tool raised ethical questions, but these concerns have been addressed, paving the way for public engagement. Crushon AI Death Calculator: Assessing the Life2vec Algorithm Advantages: Employs the sophisticated Life2vec algorithm to evaluate a comprehensive range of lifespan determinants. Conducts an in-depth analysis by integrating both genetic factors and lifestyle choices. Provides a unique angle on forecasting personal health and lifespan. Drawbacks: May not foresee the effects of unforeseen medical advancements or alterations in lifestyle. Brings up concerns about privacy and the ethical management of delicate personal information. The nature of forecasting lifespan could inadvertently lead to stress or worry. AI Death Calculator - Life2vec: Enhanced User Interface Advantages: Features an intuitive design that demystifies complex data, making it digestible and clear. Offers a streamlined navigation experience, guiding users seamlessly through the estimation process. Drawbacks: Delivers a uniform experience that might not address the unique needs or queries of every user. Falls short in providing tailored advice or support after the estimation is completed. Life2Vec AI - Intelligent AI for Death Prediction Advantages: Incorporates cutting-edge predictive analytics to provide a forward-looking assessment of lifespan variables. Merges data from global health trends and personal health records to enhance prediction accuracy. Offers a dynamic projection that adjusts as new health data is entered, keeping the forecast current. Drawbacks: Complexity of the model may require a steep learning curve for users to fully understand their results. The prognostications might be overly reliant on existing health data, not accounting for radical lifestyle changes. Access to comprehensive personal health records necessary for accurate predictions might not be feasible for all users. ChatGPT Death Calculator: Interactive Predictions Advantages: Delivers a tailored conversational approach to aid in the interpretation and comprehension of results. The immediate, real-time dialogue can tackle individual questions and concerns, enriching the user experience. Drawbacks: The premium nature of this interactive service carries a cost, potentially excluding certain individuals. Depends on the accuracy of the information provided by users, which can affect the outcome and usefulness of the consultation. Life2Vec AI Death Calculator and Its Impact on Healthcare With its predictive capabilities, Life2Vec AI Death Calculator has the potential to disrupt the healthcare sector significantly. Insights drawn from the tool could guide healthcare professionals to offer proactive, tailored treatments, thus elevating the standard of care and shifting the focus from cure to prevention. Delving into the Limitations of Life2Vec AI Death Calculator Despite its advanced capabilities, Life2Vec AI Death Calculator is not without constraints. Predictions are based on current data which cannot foresee future medical breakthroughs or unpredictable life occurrences. Moreover, the ethical implications of such technology are a subject of ongoing debate among developers and ethicists alike. Ethical Implications of Life2Vec AI Death Calculator The developers behind Life2Vec are fully cognizant of the potential for misuse of their technology. Stringent ethical guidelines and usage restrictions are in place to avert such risks. The primary aim is to harness the AI Death Calculator for the betterment of individuals and society at large, avoiding any form of discrimination or invasion of privacy. Are There Any 100% Accurate AI Death Calculators? While Life2Vec AI Death Calculator leads the pack with its sophisticated Life2vec-based technology, the quest for a 100% accurate prediction tool continues. Many online calculators offer estimates, but they generally lack the depth of data analysis that Life2Vec provides. Life2Vec AI Death Calculator: A Glimpse into Tomorrow's Health Decisions As AI technology continues to evolve, so too will the functionalities of tools like Life2Vec AI Death Calculator. Future versions may incorporate dynamic health data from wearables, enhancing personalization and predictive accuracy further. In Conclusion: Your Journey with Life2Vec AI Death Calculator Life2Vec AI Death Calculator stands as a testament to the strides made in artificial intelligence and healthcare. It challenges us to ponder the role of such technology in our lives and society. With ongoing ethical considerations and technological enhancements, Life2Vec's tool could become an essentialcomponent in our collective pursuit of health and longevity. As we navigate the waters of our fate, Life2Vec AI Death Calculator offers a unique opportunity to peer into the future, possibly reshaping how we live our lives today. Whether you seek to understand your health better, make proactive lifestyle changes, or satisfy a curiosity about life's ultimate horizon, Life2Vec AI Death Calculator invites you to explore what might lie ahead. FAQs Q: Is the death clock a real thing? A: A death clock, as a concept, exists as a tool that estimates life expectancy based on certain criteria, but it is not a precise or scientific method for predicting the exact time of death. Q: How is death calculated? A: Death itself is not calculated; however, AI models can estimate life expectancy by analyzing factors like health, lifestyle, and genetics to provide a statistical likelihood of lifespan. Q: Is AI good at prediction? A: AI is effective at making predictions when it has a lot of data and clear patterns to analyze, though its accuracy decreases with the complexity of the prediction and the variability of the data. Q: Can AI predict future of a person? A: AI can predict aspects of a person's future based on data trends, such as health risks, but it cannot accurately predict a person's entire future due to life's inherent unpredictability. Contact Details AI Death Calculator Business +1 302-722-1830 peekaboo.tech.business@gmail.com

December 22, 2023 06:52 AM Eastern Standard Time

Image
Article thumbnail News Release

A greener world: who takes lead in bringing vitality?

China News Network

BEIJING, CHINA - Media OutReach Newswire - 22 December 2023 - From the Adama Wind Power Project in Ethiopia to the Cauchari Photovoltaic Power Project in Argentina, and then to the Mozura Wind Farm in Montenegro, China has shared advanced technologies and solutions with its Belt and Road Initiative partners to carry out a series of clean, efficient, and high-quality green energy initiatives. Indonesia, Iran, and Uzbekistan have all joined this green cause, too. Watch the video: http://www.ecns.cn/video/2023-10-18/detail-ihcuappp4690791.shtml Across Asia and Europe, green energy has lent vitality to the Netherlands as it cooperates with China to develop offshore wind power resources, building a "blue engine" for sustainable growth. At the Sino-Dutch Far-reach Offshore Wind Power Seminar held in April 2023, 200 participants discussed innovation and showcased their products, exploring the future of high-quality development in the offshore wind power industry. On the side of the ocean, huge wind turbines produce sustainable energy; across different continents, the Maritime Silk Road bolsters growth, promoting friendship. In 2017, China's National Development and Reform Commission and State Oceanic Administration released a document titled "Vision for Maritime Cooperation under the Belt and Road Initiative." The "harbor" of Blue Partners is getting stronger. The "ship" of offshore wind energy has undertaken a great mission. The power of nature and technology is integrated and comes into play. Rows of pure white turbines stand tall and imposing, empowering tens of thousands of houses with the magic of wind. Such efforts have contributed to the low-carbon development of participating countries, creating a new vision of harmonious coexistence between humans and nature in our global village. Contact Details Wen Tianxia guojixinwenbu@chinanews.com.cn

December 22, 2023 06:49 AM Eastern Standard Time

Image
Article thumbnail News Release

The Role of Energy Sector ETF XLE in Portfolio Diversification

Select Sector SPDR

The global economy, including the United States, operates on energy, with petroleum and the price of oil playing a pivotal role. This reality underscores the importance of the energy sector in a diversified investment portfolio. Despite the growing traction of renewable energy, the undeniable fact remains that many goods and services rely on fossil fuels for transportation. The Energy Select Sector SPDR Fund ( XLE ), an Exchange Traded Fund (ETF), offers an affordable and straightforward way to diversify your portfolio with exposure to the energy sector. With over $37 billion in assets under management and a low total expense ratio of 0.10%*, XLE provides easy access to this crucial sector. The fund's largest holdings** are Exxon Mobil and Chevron, accounting for 40% of the ETF. Both of these companies have significant renewable operations, demonstrating the transition towards cleaner energy. However, the global economy continues to be driven by oil and natural gas, making them vital considerations for investors. Besides these two energy giants, other key holdings include EOG Resources (4.80%), ConocoPhillips (4.58%), and Marathon Petroleum (4.55%). These companies represent a mix of fossil fuel sources, renewable energy sources, and energy service providers, further broadening the sector exposure. Navigating the Volatility of the Energy Sector with XLE In addition to oil, XLE also provides exposure to the natural gas industry. Many companies in XLE’s holdings, such as Exxon Mobil, operate natural gas units. The demand dynamics for natural gas differ from oil, often influenced by weather conditions, reinforcing the need for exposure to both oil and natural gas in an energy-focused portfolio. XLE is actively traded, with an average daily trading volume of 20 million shares in 2023. It pulls its stocks from the S&P 500, favoring large-cap companies. Holdings are weighted by market cap and subject to a capping methodology that ensures no single security exceeds 25% at each quarterly rebalance. The energy sector can be volatile, but its importance to the economy remains steady. Using an ETF like XLE allows for broad exposure to ride out the highs and lows of companies in the sector. Ignoring this sector could mean missing a potential driver of the global economy that investors can capitalize on. Investing in a fund like XLE offers equity exposure to these industries. Balancing a portfolio with an energy component is important for diversification and it can be straightforward with an energy sector ETF like XLE. Recognizing the crucial role of energy in the world economy should be a key investor consideration. XLE offers targeted exposure to U.S. energy firms and provides a simple way to add an energy sleeve to your diversified portfolio. 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 11/30/23 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. SEL007119 EXP 1/31/24 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

December 22, 2023 06:00 AM Eastern Standard Time

Article thumbnail News Release

Common Casino Myths and Superstitions in the UK

Acroud Media

Most casino myths and superstitions harmless, but some can lead to players making bad decisions and landing themselves in big trouble. To try and stop you from making these same mistakes, we’ve gone through some of the most common casino myths and superstitions and debunked them! Myth #1: Online casinos are rigged Unsurprisingly, this is the most common myth about online casinos. When your luck takes a bad turn, you’ll be tempted to blame it on cheating or malicious unseen entities, but that’s simply not true. Most online casinos are licensed by trusted regulation bodies like the MGA, KGC and UKGC, who all hold online casinos to strict fairness standards. Some, like the KGC, even require licensees to submit to independent fairness and RNG (random number generation) testing to prove their games aren’t rigged. If you’re feeling scorned by an online casino, check for that seal of fairness guarantee before you start throwing blame around. Popular fairness testers include eCOGRA, iTech Labs and GLI. Myth #2: You can beat the house edge It may sound a little weird, but when playing at casinos, it’s important to remember that in the long run, not all players can win. It’s mathematically impossible. This is because of a little thing called the house edge. The house edge is the concrete advantage a casino has in games to ensure it turns a profit for purposes of paying staff, renting games, domain and security costs, etc. In online gambling, we sometimes refer to this as payout percentage or RTP, but it’s all the same thing. And you cannot beat it. Understanding house edge and working around it to your advantage is possible. But, when the chips are down, there is no way to beat it completely. It is important to note that this also applies to brick and mortar casinos. Myth #3: You can tell when a slot machine is about to pay out. You see many renditions of this one, and they’re usually nonsense or outright scams. Slots are designed to be random, so you can’t tell when they will or won’t pay out. The human brain is designed to find patterns whether they exist or not, so it’s only natural that we’d become convinced slot machines are predictable. But the truth is simply that they aren’t. Slots run on random number generators specifically to avoid these patterns and are regularly tested to make sure they stay that way. This ensures fairness on both the house and the player's parts. Therefore, don’t get hung up on a slot waiting for it to finally pay out because “you can tell it’s about to happen.” And steer clear of anyone trying to convince you otherwise. If you are a big slot fan check out the best free slot no deposit offers here. Myth #4: Don’t use a player's card to track your winnings. You’ll often see people warning against using a player's card when gambling because they claim casinos track your progress and tighten the odds when you start winning too much. This is false. Player’s cards are tools casinos use to track a player’s casino activity; this much is true. However, this isn’t to keep players from getting payouts but to tally loyalty points and offer appropriate rewards and promotions. Not using your player's card could cause you to lose out on fantastic perks, thanks to superstitious anxiety. If you need proof, look at online casinos. By their nature, you can’t play at an online casino without a trackable account. Yet, many players still win money online. Myth #5: Never cross your legs at the casino Here’s a light-hearted superstition. While crossing your fingers is a symbol of good luck, crossing your legs is the opposite. Some people believe that crossing your legs “crosses out” good luck and causes you to lose more. Obviously, this is just superstition, like black cats and broken mirrors. There’s zero evidence that crossing your legs impacts your chances of winning. However, this one is entirely harmless. So, like wearing lucky socks or blowing on your dice, if it makes you happy, go for it. Myth #6: Never talk about bad luck at the casino We see this everywhere. In the theatre, you say break a leg, you never mention rain on your wedding day, and you don’t talk about bad luck at a casino. You’ve probably heard some form of warding against jinxes; the idea that mentioning something you don’t want to happen makes it more likely to happen. There’s little need for me to tell you this is just a myth, but it might get you a few stink eyes if you mention it. Either way, it’s better to stay positive even when your luck does take a downturn. We gamble to have fun, not to win, and talking about bad luck will just bring you down. Myth #7: Always bet the same amount In a way, this one makes sense. When trying to keep your odds from fluctuating, you want to keep as many variables steady as possible. But this isn’t a variable that will affect anything other than your wallet. The amount you bet is purely incidental to the outcome of the game. In fact, you probably should vary how much you bet depending on the game, the wager and your bankroll. Myth #8: Never leave a winning table Just because you or others have been winning big at a table doesn’t mean anything. Winning once doesn’t mean you’re going to win again, and in fact, it might just pull you into a dangerous thought process where you’re convinced any losses will quickly come back. A table is a table, and luck comes and goes regardless of it. If you need to leave a table, do so. If you’re enjoying yourself and have enough money to keep going, stay. It’s as simple as that. Myth #9: Never count your money at the table This is like counting your chickens before your eggs have hatched. Some people believe it’s bad luck to focus too much on your numbers, once again jinxing progress and all that. Of course, this is just another myth and bad practice to boot. We actively recommend keeping track of your money as you play so you can follow your winnings and losses and avoid going over budget. Myth #10: You should always chase your losses We left the most important one for last. This is the myth that leads to gambling problems and overspending. As we’ve already discussed, you can’t concretely win at a casino. The house always wins in the long run, and chasing your losses will just lead to you losing more. If you’re losing money at an uncomfortable rate, the best thing to do is to stop and walk away. It can be useful to have someone with you to help enforce this mindset if you struggle with it, and strict budgets are good, too. Conclusion Gambling and casinos are about the thrill of risk and having fun; don’t let these myths and superstitions hold you back from that! Some are harmless, sure, but remembering that they’re all untrue can help you have a good time in the long run. Always stay informed and level-headed while playing, and you shouldn’t run into any issues. Most of these myths apply to brick and mortar casinos, if you would prefer to play table games in the comfort of your own home, check out the best live casinos UK, learn more here. Contact Details Acroud Media info-media@acroudmedia.com

December 22, 2023 03:00 AM Eastern Standard Time

Image
1 ... 486487488489490 ... 3725