News Hub | News Direct

All Industries


Article thumbnail News Release

Reapbitex Revolutionizes Cryptocurrency Trading with Innovative Platform

KISS PR Brand Story

Ar-Rayyan, Qatar, January 17, 2024- In a groundbreaking move, Reapbitex emerges as a frontrunner in the world of cryptocurrency trading, introducing a cutting-edge platform that promises to redefine the landscape of digital asset exchange. With a commitment to transparency, security, and user-friendly features, Reapbitex is poised to become a game-changer in the evolving realm of blockchain technology. Reapbitex, founded by a team of seasoned professionals with extensive experience in finance and technology, is designed to address the challenges faced by both novice and experienced cryptocurrency traders. The platform's intuitive interface and advanced functionalities cater to a wide range of users, from those taking their first steps into the world of digital assets to seasoned investors seeking a comprehensive trading solution. At the heart of Reapbitex's appeal is its user-friendly interface. The platform boasts a sleek and intuitive design that simplifies the trading process, allowing users to navigate effortlessly through various features. Whether buying, selling, or monitoring market trends, users can do so with ease, making Reapbitex an ideal choice for those looking for a seamless trading experience. Recognizing the diverse needs of traders, Reapbitex offers a suite of advanced trading tools to cater to both beginners and seasoned professionals. From real-time market data and analysis tools to customizable trading interfaces, Reapbitex empowers users to make informed decisions and execute trades with precision. The platform's commitment to providing robust trading tools positions it as a go-to platform for those seeking a comprehensive trading experience. Community Engagement Understanding the importance of community in the cryptocurrency world, Reapbitex places emphasis on fostering an engaged and supportive user community. The platform facilitates communication through various channels, including forums and social media, creating a space for users to share insights, ask questions, and stay informed about the latest developments within the Reapbitex ecosystem. As Reapbitex sets out to revolutionize cryptocurrency trading, it envisions a future where digital asset exchange is not only secure and efficient but also accessible to a global audience. The platform's commitment to user satisfaction, technological innovation, and community engagement positions it as a key player in shaping the future of cryptocurrency trading. Media Information   Name: Mx Lee  Organization: REAPBITEX Email: cs@reapbitex.com Phone: +974-0408-1522 Address: 99 Street 17, Ar-Rayyan, Qatar  For more details please visit, Official website: www.reapbitex.com Mobile App: www.reapbitex.com/h5 Instagram: https://www.instagram.com/reapbitex_official/ Twitter: https://twitter.com/Reapbitex Disclaimer: KISS PR and its distribution partners are not responsible for the content and information in this press release. The news is presented solely by the source (REAPBITEX). Any decisions, financial or otherwise, based on the contents of this press release are made at your own risk. For direct inquiries or more information about this news, please contact REAPBITEX at cs@reapbitex.com. This press release may contain information related to cryptocurrency. Cryptocurrencies are highly volatile and you should never invest more than you can afford to lose. Always seek professional advice before making any investment. The information regarding cryptocurrencies does not constitute investment  or financial advice. Release ID: 875472

January 17, 2024 11:00 AM Eastern Standard Time

Article thumbnail News Release

Heather McMahon Appointed Senior Consultant at Icon Asset Management AG

Prodigy Press Wire

Icon Asset Management AG, a Swiss & U.S. regulated alternative asset management firm founded in 2006 and based in Zurich, proudly announces the appointment of Heather McMahon as Senior Consultant within the Strategic Consultancy Group. Icon Asset Management AG This specialized group focuses on clients from the Defense and Intelligence communities, particularly those with disruptive technologies demonstrating dual-use capabilities. ICON is committed to offering its clients access to innovative alternative investment products within the private and public market spheres. Heather McMahon, currently Deputy Executive Director at the University of Maryland's Applied Research Laboratory for Intelligence and Security (ARLIS), brings unparalleled expertise in counterintelligence, cybersecurity, supply chain risk management, and critical technology protection. As a seasoned U.S. Army combat Veteran with nearly three decades of global operational experience, Heather's distinguished career includes key roles such as Senior Director to the President's Intelligence Advisory Board at the White House. In 2023, she received the Presidential Rank Order Award for her exceptional service. Heather's extensive experience also encompasses senior defense intelligence roles for the Undersecretary of Defense for Intelligence (USDI) and the Department of the Army's Intelligence Staff. Her exemplary service has been recognized with accolades such as the Legion of Merit, Bronze Star Medal, and the DoD Counterintelligence Award. Richard Toolen, CEO and Founder of ICON Asset Management AG, a Veteran-owned entity, states: "We are delighted to welcome Heather to ICON. Her role, providing valuable counsel and guidance to our clients in impactful areas of markets and society, will make a tremendous impact. As a former U.S. Marine infantry officer and Veteran, I understand & appreciate the qualities that Heather will bring to ICON. " Thomas Colucci, Head of Strategic Consultancy, adds, "Heather is a game changer. Her unique skill set and talents will help guide many of our clients as they navigate the challenges of early to growth stage businesses." For additional information, please visit the Icon Asset Management AG website: https://www.iconasset.com Media Contact: Name: Richard Toolen CEO Email: rtoolen@iconasset.com Release ID: 875733

January 17, 2024 10:30 AM Eastern Standard Time

Image
Article thumbnail News Release

Speaker, Educator, and Author Dr. Tom Rowley Provides Solutions For Parents To Raise Competent Kids

Prodigy Press Wire

The United States education system has changed significantly since 1975 when the country ended the Vietnam War. Baby boomers and the generations that follow benefitted from an effective education system that encouraged freedom of speech and independence. Students who began learning after these generations, particularly since the 2000s, engage with a different kind of system. Education in modern America is now about the indoctrination of values and principles, with few opportunities for students to learn concepts that are essential for life. Critical thinking and civic duties are two major areas that speaker, author, and former educator Dr. Tom Rowley covers in his two highly acclaimed books. Rowley’s first book, Blame It On 'Nam, covers the gradual shift the education system has undergone in the last decades. It also gives parents clear instructions for how they can protect their children from the adverse effects of this broken model. Dr. Tom’s second book, Empower Your Children, is an expansion of the first. Dr.Tom explains how children should be encouraged to ask meaningful questions, recognize bias, and stand up for themselves. Dr. Tom Rowley is deeply passionate about the power of education and civic engagement. He is a high school dropout who enlisted in the Air Force shortly after. His aptitude for learning led him to pass his GED and later obtain several Master's degrees and a Doctorate. After leaving his position as a university professor in Atlanta, Dr. Tom noticed how students were less likely to be taught certain topics than he was. Confused and frustrated at this problem, as well as at the fact that decisions made at the beginning of the COVID pandemic weren’t evidence-based, Dr. Tom began researching what had happened to education since the 60s. He discovered that political protestors during the 1960s proclaimed that if they were to control political agendas they had to control university education. He believes that they became successful at doing this, which has led to the downfall of the American education system. Unfortunately, federal legislation hasn’t combatted these systemic issues; instead, it has created a huge bureaucracy. There are more compliance workers on campus than professors. Modern teachers are overworked and overburdened too and that stifles initiative and creativity. Dr. Tom’s findings were what inspired him to write his books. When addressing these longstanding problems in US education, Dr. Tom references Mark Rashid who said, “Trying to solve a problem without understanding the cause is like trying to keep water in a bucket with a hole in the bottom.” After leaving US academia in 1994 and moving to Costa Rica and then Panamá his students refer to him as Dr. Tom, he continued his desire to instill critical thinking and independence in his students. Dr. Tom taught college freshmen business communications and also spent time teaching English as a Second Language (ESL) as well as accounting concepts. Now settled in Panama, Dr. Tom focuses on his speaking events and equestrian therapy with special needs children. Since beginning his career as an author, Dr. Tom has spoken at several prestigious conferences. He was the lead speaker of a live virtual leadership summit. Dr. Tom focused on the leadership lessons humans can gain from horses. He tells a captivating story about building trust between humans and horses that can carry over to human relationships and management. The non-verbal behaviors of horses allow them to be very sensitive to the people and things in their environment. If leaders focus on this non-verbal communication, especially trust, Dr. Tom believes organizations will be able to become more effective. “I’ve always been passionate about connecting with youth through education,” says Dr. Tom. “When I was in their shoes, I made some immature decisions like dropping out of high school, but with the help of several mentors, I learned the power of education. My work at universities, as an entrepreneur and pilot, and in private settings throughout Latin America has enabled me to leave a positive impact on young adults who need what I like to call ‘common sense’. My books are avenues for me to express the things I know and have learned from working in education. I wrote them to speak directly with parents, teachers, and mentors who are confused and troubled by their children’s inability to solve problems or understand the rights and responsibilities of citizenship. While the United States education system has the perception that it is better than others, I feel that much could be done to give kids a better shot at a productive life.” Dr. Tom's two books are available for purchase on Amazon and in other book retailers online and in-person. If you’re interested in learning more about his story as well as his services, visit Tom Rowley Books. Media Contact Name: Thomas Rowley Email: tom@tomrowleybooks.com Release ID: 875697

January 17, 2024 10:30 AM Eastern Standard Time

Image
Article thumbnail News Release

Lotis Blue Consulting Releases Future of Retail Workforce Study: New Research Predicts Associate Stay/Leave Decisions with 87 Percent Accuracy

Lotis Blue Consulting

Lotis Blue Consulting, a corporate advisory and business transformation firm, releases the third edition of its comprehensive research study, Lotis Blue Future of Retail Workforce Study, analyzing the current state of the retail workforce. The study investigates ways the current macroeconomic environment has influenced retention trends for the retail workforce; factors that are becoming more important to employee retention and loyalty; how motivations for leaving or staying in a job are changing over time; and, new to this edition, how factors driving quit and stay decisions differ by workforce characteristics and retail segment. Research for the Lotis Blue Future of Retail Workforce Study was conducted during the lead-up to the 2023 holiday season and is based on comprehensive, objective feedback from 1,000 retail associates. The report uses the lens of the Employee Value Proposition (EVP)—including 7 dimensions and 30 underlying factors—to evaluate retail employees’ decisions to stay, consider leaving or leave an employer. “Labor dynamics in retail have changed dramatically in the last 12 months with a tightening of the job market and stabilizing sales, coinciding with major attitude shifts toward work and employers,” noted Lotis Blue Consulting partner and study author Aaron Sorensen, adding, “Even with changing labor conditions and issues, the data is comprehensive enough to predict an employee’s decision to stay or leave an employer with 87 percent accuracy. And in order to hold onto valued employees, we’ve observed that retailers must simultaneously provide an environment where there are more factors that make workers want to stay, and fewer that make them want to quit.” The study found that recent changes in labor market dynamics resulted in a decrease in turnover but a 7% increase in retail associates who are considering leaving their jobs, suggesting an underlying dissatisfaction with their current work situation. “Changes to the reasons that associates are staying or leaving an employer suggest that factors such as schedule flexibility serve a triggering role to job dissatisfaction,” noted study co-author and Lotis Blue Consulting partner Erica Grant. “While some decision drivers such as enjoyable work consistently influence staying decisions across workforce segments, other factors vary significantly in their importance by retail segment. There is no one-size-fits-all approach for retailers." The study findings in this most recent edition include: Talent strategies for the retail workforce have a short shelf-life, due to changes in labor and market conditions Stay and leave decisions have changed significantly in the last 12 months, differing across retailer types and workforce characteristics Job factors create magnetism that uniquely attracts or repels retail associates More associates are staying, but there are also more with one foot out the door Some factors matter more than others: 60% of all stay-or-leave decisions currently relate to Job & Work Environment, Company, and Leadership Culture Pay and Health & Safety have made significant jumps as turnover/retention drivers this year, and Scheduling triggers a cascade of turnover intentions For more information or to see the newest edition of the Lotis Blue Future of Retail Workforce Study, please visit: https://www.lotisblueconsulting.com/insights/2024-the-future-of-retail-workforce-study/ Study Methodology The ongoing Lotis Blue Future of Retail Workforce Study, now in its third iteration, has cumulatively surveyed over 3,000 employees across 700 retailers in the apparel, big box, apparel & luxury, grocery & convenience, home goods & electronics, specialty, fast casual and other sectors, deriving comprehensive, objective feedback. Research for the first study was conducted in summer 2022, for the second, in the lead-up to the of 2022 Holiday season, and for this current edition, in the lead-up to the 2023 Holiday season. At the intersection of growth and transformation, you’ll find Lotis Blue Consulting. We help businesses improve the performance of their workforce, leadership teams, and organizations through evidence-based strategies grounded in leading-edge analytics and behavioral science. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.lotisblueconsulting.com

January 17, 2024 10:30 AM Eastern Standard Time

Article thumbnail News Release

2024 Digital Art Initiative by Palm Foundation and ZsONAMACO

Palm Foundation

The Palm Foundation has issued a call to digital artists looking to have their work exhibited in the biggest latin american art fair; ZsONAMACO. This initiative gives creators the opportunity to exhibit their work to a new audience of art collectors. A total of $4,000 grant is available in this Call x Art, each curated artist will receive a $500 grant, and the artist with the most votes from the Palm Collective (formerly PalmDAO) will receive a $1500 grant. The exhibition will form an integral part of ZsONAMACO art fair, set to take place on February 7-11 in Mexico City. The annual event attracts more than 70,000 art collectors and appreciators from all over the world. To mark the 20th anniversary of ZsONAMACO, Palm Foundation has issued a call to digital artists around the world to be curated by the Curatorial Committee formed by Direlia Lazo, Glam Beckett and Superchief Gallery. The partnership aims to support and showcase fresh talent in the digital arts within traditional art settings. The initiative provides an opportunity for artists without gallery representation to be showcased at a major art fair. Artists who participate in the Palm Foundation and ZsONAMACO Call x Digital Art are required to mint one artwork on Palm Network following the NFTrade How to Guide or Artis Valley How to Guide. Once the artwork has been minted on Palm Network, the artist must submit the minted piece to the Palm Collective. Submissions will be reviewed by the curatorial committee, who will select three to five pieces to be displayed in the Palm Collective booth during ZsONAMACO 2024. Each of the curated artists will get a $500 dollar grant. All submissions to the Palm Foundation and ZsONAMACO Call x Digital Art will be subject to a Palm Collective vote. The artists with the highest number of votes will win a $1,500 grant by the Palm Foundation. Submissions open on January 17 and run until January 28, followed by a three-day curation period before the Palm Collective booth in ZsONAMACO opens to the public and Palm Collective vote takes place February 7-9 on the best submissions. Artists will retain all the intellectual and commercial rights to their work and will have a choice of commercial platforms should they wish to sell their NFTs. About Palm Foundation Palm Foundation aims to empower and elevate historically marginalized creative communities in web3 by endowing critical education, providing opportunity, and amplifying the work of diverse creators on the Palm Network. The Palm Network is powering a new era of collaboration, ownership and identity by providing tools for individuals and communities to shift the value of all time spent and content created away from centralized entities back to the creator. Learn more: https://palmfdn.org About the Palm Collective Palm Collective will enable creators, brands and fans to self-organize: leveraging a purpose-designed, open source, on chain governance-as-a-service tool. Our vision is to empower communities to make decisions collectively, to manage their resources; to use their voice, to create positive change, and to practice self determination. https://palmdao.app/ ABOUT ZsONAMACO ZsONAMACO is the most important art fair platform in Latin America. During its 2023 record breaking edition it received more than 77,000 visitors, over 200 exhibitors from all over the world participated and more than 50 international museum groups visited the fair. Learn more: https://zsonamaco.com/ Contact Details Avishay Litani pr@marketacross.com

January 17, 2024 10:00 AM Eastern Standard Time

Image
Article thumbnail News Release

PawFury: Groundbreaking Presale Success

500NewsWire

New York, Jan. 17, 2024 - ( 500NewsWire ) -- In the ever-evolving world of cryptocurrency, a new player, PawFury, is making waves with its innovative approach to tokenomics and an extraordinarily successful presale. This project is not just another addition to the crypto market; it's a game-changer that's garnering significant attention and excitement. The Presale Phenomenon PawFury's presale has been nothing short of phenomenal. The project has raised an impressive amount in a short period, signaling strong investor confidence and market interest. This success is a testament to the project's potential and the growing hype surrounding it. Innovative Tokenomics: A New Era At the heart of PawFury's appeal is its unique tokenomic structure. Unlike conventional models, PawFury introduces an innovative system designed to offer tangible benefits and rewards to its investors. This approach not only enhances the value proposition for token holders but also ensures long-term sustainability and growth. Vision and Scalability PawFury is not just focused on immediate gains; it has a clear long-term vision. The project's roadmap outlines a strategic plan for scalability and expansion, assuring investors of its commitment to future growth. The team behind PawFury emphasizes transparency and security, two crucial aspects that have helped build a strong and engaged community. Industry Expert Insights Leading industry experts and analysts have weighed in on PawFury's potential. Their insights provide a deeper understanding of the project's place in the crypto market and its capacity to be a significant player in cryptocurrency. Limited-Time Presale Offers The presale offers by PawFury are quite attractive. They offer a massive 455% discount from the current price to the listing price and an additional 10% extra bonus, which you can find by asking for a PROMO CODE in their chat. These offers create a sense of urgency and FOMO, which motivates new investors to act quickly. In conclusion, PawFury is more than just a cryptocurrency; it's a movement. It's an opportunity for investors to be part of something innovative and potentially transformative in the crypto space. The project attracts attention and excitement as it moves forward, making it a must-watch in the industry. Contact Details Blockchain Expert and Analyst adam@digitaltechwire.com

January 17, 2024 10:00 AM Eastern Standard Time

Image
Article thumbnail News Release

ATFX Welcomes Linton White as Regional Head for Africa

500NewsWire

South Africa, Jan. 17, 2024 - ( 500NewsWire ) -- ATFX, a leading global fintech broker, is excited to announce the appointment of Linton White as the new Regional Head for ATFX Africa. With over 15 years of experience in the financial industry, Linton brings a wealth of knowledge and expertise to his new role, further strengthening ATFX's position in the South African market. As the new Regional Head, Linton will oversee all facets of ATFX's operations in Africa. His strategic and results-driven approach, along with his proven track record of success in steering high-performing teams and fostering growth in competitive markets, make him an invaluable addition to the company. Linton's extensive experience in developing and implementing successful business development strategies within the derivatives brokerage industry will be instrumental in driving ATFX's continued growth and success in the region. His ability to identify and capitalize on new market opportunities, build lasting relationships with key stakeholders, and drive revenue growth has consistently delivered results for multiple organizations throughout his career. Commenting on his new role, Linton expressed his excitement to join ATFX and lead the Africa team. He stated, "I am thrilled to be part of the ATFX team and to have the opportunity to contribute to the company's growth in Africa. With ATFX's commitment to delivering exceptional trading experiences, innovative technology, and strict regulatory compliance, I am confident that we can provide unparalleled service to our clients and solidify our position as a leader in the industry." Linton's appointment comes at a time of significant growth for ATFX Group. In 2023, ATFX successfully acquired Rakuten Securities Australia and Khwezi Financial Services in South Africa. In Q4, the company also announced the appointment of Simon Naish as the Head of ATFX Australia and Hormoz Faryar as the Managing Director of Institutional Sales (MENA-Dubai). These strategic appointments reflect ATFX's dedication to attracting top talent and expanding its global reach. ATFX Chairman Joe Li expressed his confidence in Linton's ability to lead ATFX in Africa. He stated, "We are pleased to welcome Linton White as the Regional Head for ATFX Africa. With his extensive experience and proven track record, I believe Linton will play a crucial role in driving our growth and success in the region. We look forward to working closely with him to provide our clients in Africa with exceptional trading experiences and world-class service." About ATFX ATFX is a globally leading fintech broker, holding licenses in multiple countries, including the UK's FCA, Cyprus's CySEC, UAE's SCA, Australia's ASIC, and South Africa’s FSCA. With a strong presence in Europe, Southeast Asia, the Middle East, Latin America, APAC, and South Africa, ATFX is committed to delivering exceptional trading experiences to clients worldwide. The company prioritizes customer satisfaction, innovative technology, and strict regulatory compliance, positioning it as one of the top choices for traders seeking reliable and sophisticated trading solutions. For further information on ATFX, please visit: https://www.atfx.com Contact Details Weems Chan sales.uk@atfx.com Company Website https://www.atfx.com/

January 17, 2024 09:15 AM Eastern Standard Time

Image
Article thumbnail News Release

8.1% APY Cash Sweep For 3 Months? Yes And Up To 15 Free Stocks After A Qualified Deposit With Moomoo

Moomoo

By Austin DeNoce, Benzinga Moomoo, an investment and trading platform with over 20 million global users (Users of Moomoo Technologies Inc. and its affiliates as of 5/2023.), provides a powerful suite of tools and services designed for a professional-grade trading experience. The platform is known for its low fees, including zero-commission trading on U.S. stocks, ETFs and options, and high-level, real-time market data, which provides users with access to in-depth quotes, detailed financial metrics, customizable heat maps and over 4,000 third-party analyst ratings. Moomoo is currently offering a 5.1% annual percentage yield (APY)* on all uninvested cash for new and qualified users and will kick off these new-user promotions for 2024. Get A Limited time APY Boost To Moomoo’s Cash Program: 8.1% APY (5.1% Base APY + 3% Extra Boost For 3 Months) As mentioned, Moomoo’s Cash Sweep program, tailored for U.S. investors, offers an impressive 5.1% APY – which it reports is eleven times the national average savings account rate. The company shares that this compares favorably against competitors, such as TD Ameritrade, which offers 1%, and Robinhood Gold, which offers 5% but also charges a $5 monthly fee. Moomoo’s cash sweep program further stands out for its lack of sign-up fees, account fees or deposit caps – making it an attractive option for earning passive income on idle cash set aside for investing purposes. The Cash Sweep program is also very flexible, allowing users to withdraw or invest funds at any time without lock-up periods. This allows investors to quickly capitalize on market opportunities if needed while earning a return that doesn't compromise their liquidity. Moomoo's partner banks also provide FDIC coverage for the funds in the Cash Sweep program up to $1 million or $250,000 per bank (subject to FDIC coverage limits), adding an extra layer of security and peace of mind for investors. Importantly, this program aligns with Moomoo's commitment to transparency, innovation and support of the investment community with all the tools and services necessary to succeed in the long term. New-User Promotions: Potentially Earn 8.1% APY Using A 3-month APY Boost, Plus Up To 15 Free Stocks For a limited time, Moomoo is offering a promotion for new users that encompasses multiple rewards, including a coupon offering to boost the base APY even higher for three months on uninvested cash in its Cash Sweep Program and free stock incentives for qualified deposits. Specifically, new users who open an account enroll in the Cash Sweep and activate the APY booster coupon. They will earn a 5.1% APY plus an additional 3% APY temporary booster (a total of 8.1% APY) for three months in Moomoo's Cash Sweep Program. Additionally, new users will receive up to 15 free stocks with a qualified deposit, potentially valued at up to $2,000 each, as well as free Level 2 data with live pricing if they meet requirements. This 8.1% APY promotion is valid from January 15, 2024, through February 29, 2024, and is available exclusively to customers who have not opened a brokerage account with Moomoo before January 15, 2024, and who opt into its Cash Sweep program. The offer is restricted to U.S. residents with a valid Social Security number who are at least 18 years old, but anyone who meets the eligibility requirements and is interested in capitalizing on the promotion can easily sign up on Moomoo's website. Terms and conditions apply to all offers. The Free Stocks offer is only available to clients who have never made a deposit and the free stocks received will vary. For more info, visit moomoo.com/us/support/topic4_410. Navigating Opportunities And Risks With Moomoo While Moomoo offers a range of features and promotions that may be appealing to both new and experienced investors, it’s important to approach these opportunities with a clear understanding of the associated risks inherent to trading and investing to make informed decisions based on individual financial goals and risk tolerance. That said, Moomoo provides free education and a community to help set users up for potential success. Couple that with Moomoo's low fees, comprehensive market information, user-friendly interface and latest promotions, and it proves to be an incredibly competitive choice in the online trading platform market. Click here to visit Moomoo’s website and take advantage of the offer! Featured photo courtesy of Moomoo. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. *Cash Sweep 5.1% APY is only for new and users that meet either qualifying deposit, transfer, or referral requirements. If conditions are not met, the rate is 0.03%. Rate as of 11/9/23 and can change. Terms & conditions apply. *8.1% APY breakdown: Base rate as of 01/11/24 for new and qualified users is 5.1% APY, plus a 3% boost is available once coupon is activated. The actual APY may differ based on when the user activates the coupon as the base rate may change, or if different coupons are stacked together. APY Booster Rate is effective for 3 months on up to $20,000 in the Cash Sweep Program once coupon is activated. All rates mentioned are variable and subject to change. The Moomoo Financial Inc. (MFI) Cash Sweep Program is a feature of your brokerage account. Interest is earned on the uninvested cash swept from your MFI brokerage account to program banks. Partner banks then pay interest on your swept cash, minus any fees paid to MFI. The APY might change at any time at the program banks’ or Moomoo Financial’s discretion. Additionally, any fees Moomoo Financial receives may vary and is subject to change. Neither Moomoo Financial Inc. nor any of its affiliates are banks. For more information on the cash sweep program, click here. How FDIC coverage works: When the uninvested cash in your brokerage account is swept to deposit accounts at program banks, it becomes eligible for FDIC insurance up to $1 million or $250,000 per program bank, inclusive of any other deposits you may already hold at the bank in the same ownership capacity, which may impact how much is covered. You are responsible for monitoring the total amount of deposits that you have with each Program Bank, in order to determine the extent of FDIC deposit insurance coverage available to you. MFI is not responsible for any insured or uninsured portion of the Deposit Accounts or any other deposits at the program banks. Please note that until funds are swept to a program bank, they are held in your brokerage account which is protected by SIPC. Once funds are swept, they are no longer held in your brokerage account and are not protected by SIPC. However, these funds are eligible for FDIC insurance through the Program Banks subject to FDIC insurance coverage limits. Investing is risky. Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC. Benzinga was commissioned for this article and is not affiliated with the Moomoo app or its affiliated companies. This includes Moomoo Technologies Inc. (MTI) provider of the app and Moomoo Financial Inc. (MFI). Member FINRA/SIPC, which offers securities in the U.S. $0 commission trading is available only to U.S. residents trading in the U.S. markets through Moomoo Financial Inc. Other fees may apply. For more information, visit moomoo.com/us/pricing. Moomoo is an investment and trading platform that empowers global investors with pro-grade, easy-to-use tools, data, and insights. We believe investing is a transformative and long-term journey. That's why moomoo empowers investors with the tools and data they need to help unlock their financial potential today and in the future. Whether you're a beginner or a pro, moomoo is here to power your investment journey. With access to a wide range of both user-friendly and advanced features, including real-time market data, technical analysis tools, and in-depth order book data moomoo users can potentially enhance their trading strategies to pursue their goals. Our mission is built on three core values: transparency, innovation, and community. By using these values to guide us, we deliver a comprehensive investment experience for individuals across all trading levels. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Klim Yeeloy kyeeloy@us.moomoo.com Company Website http://www.moomoo.com

January 17, 2024 09:00 AM Eastern Standard Time

Article thumbnail News Release

The Beachbody Company's "Sticky" Business Model - 96% MoM Retention Rate Showcases How It's Delivering With BODi Platform

Benzinga

By Meg Flippin, Benzinga Fitness fads come and go, but The Beachbody Company’s (NYSE: BODY) business model seems to have stood the test of time, delivering exercise and nutrition programs to countless households across the country for the last 25 years. That’s not to say there haven’t been tough times for the company that now goes by BODi, but through it all it has been able to retain many of its customers, showcasing just how sticky its business model is. And that’s even with gyms reopening after the COVID-19 pandemic ended. Many people still prefer to work out at home, and it's showing in BODi’s results. 96% Retention Rate Take its month-over-month retention rate for starters. It's at 96%, which means only 4% of its customers don’t come back for a workout or nutrition advice the next month. Its digital platform BODi, which was revamped and rebranded earlier this year, is seeing double-digit growth. In the third quarter premium digital subscriptions for BODi grew 27% quarter-over-quarter, exceeding 900,000 subscribers. Meanwhile about 60% of subscribers of its legacy Beachbody on Demand platform have renewed with the new BODi offering, exceeding internal expectations. To keep customers coming back and to reach new ones, BODi is embarking on a marketing blitz and offering potential customers unprecedented access to its over 120 workout and nutrition programs. Through its new subscription tier BODi Previews, potential customers can sample more than $59 worth of BODi content for free including popular workout programs P90X, Insanity, 21 Day Fix and #MuscleBurnsFat. Users also get access to nutrition guidelines and positive mindset content. After four months of testing various workout applications, the CNN team recently crowned the BODi application as the best workout application in 2023. Marketing Blitz Underway What BODi thinks makes it so appealing is that users aren’t required to provide a credit card to access the free content. All they have to do is provide an email, and then they can sample the programs before committing. The company is also offering a two-week sample called “The 14 Workout Challenge,” which gives users a taste of some of its popular programs on BODiPreviews.com. Recognizing that YouTube can be an effective way to reach new fitness enthusiasts, BODi is launching a limited version of BODi Previews on YouTube, providing access to a wider audience. During the third quarter, BODi also launched affiliate distribution with Rakuten and Cartera, offering consumers new opportunities to earn rewards when they shop with BODi and its Refer a Friend pilot, enabling the company to give incentives to those who refer friends to subscribe to BODi. Financials All of these efforts are starting to show in the company’s financials. In the third quarter total revenue was $128.3 million. Digital revenue came in at $64.3 million, with a total of 1.38 million digital subscriptions, while nutrition and other revenue was $59 million. Connected fitness sales ticked up in the third quarter and came in at $4.9 million. About 6,500 exercise bikes were delivered during the three-month period that ended in October. Overall revenue may have been down year-over-year, but it was in line with the company’s guidance and is growing again as the company revamps, overhauls and cuts costs out of the business. With a high retention rate, the company is optimistic things will only get better in the months to come. "We are pleased with our third-quarter results, with revenue, adjusted EBITDA and cash used in operations once again within our guidance range. We are encouraged by the advancements we have made in our company transformation, particularly in our cost reduction efforts and reinventing our digital platform,” said Carl Daikeler, BODi’s Co-Founder and Chief Executive Officer when reporting third-quarter results. “For the remainder of the year, we are intensely focused on the execution of our sales and marketing initiatives, which we believe will drive activation, engagement and increased efficiency. Our turnaround is in place and we are building towards increasing liquidity and driving revenues that are more profitable.” To learn more about BODi and The Beachbody Company, visit their website. 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 not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

January 17, 2024 09:00 AM Eastern Standard Time

1 ... 479480481482483 ... 3766