Trillion Dollar Megatrends: CEOs of FB, NEXCF, FEMFF, and LCID Discuss Next Big Growth Waves in Metaverse, AI, E-Commerce and Electric Vehicles
NEW YORK, April 28, 2022 (GLOBE NEWSWIRE) -- Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from CEOs of:
Meta Platforms, Inc. (NASDAQ: FB), NexTech AR Solutions (OTC: NEXCF) (CSE: NTAR), First Energy Metals (OTC: FEMFF) (CSE: FE), Lucid Group, Inc. (NASDAQ: LCID). Today’s emerging technologies and lifestyle megatrends are creating billion dollar opportunities for disruptive innovation in how we live, work and play. Wall Street Reporter highlights the latest comments from industry thought leaders shaping our world today, and in the decades ahead:
Meta Platforms, Inc. (NASDAQ: FB) CEO Mark Zuckerberg: “AI Will Play Big Role in Building the Metaverse”
“...AI is one of the areas where we’ve routinely seen stronger returns on our investments over time than we’ve expected. Artificial intelligence is also going to play a big role in our work to help build the metaverse. We just announced our AI Research SuperCluster, which we think will be the world's fastest supercomputer once it is complete later this year. This is going to enable new AI models that can learn from trillions of examples and understand hundreds of languages which will be key for the kinds of experiences that we’re building. Looking ahead, we’re focused on further scaling our computing power and transforming our AI infrastructure through advances in foundational research, as well as improvements to data center design, networking, storage, and software.…We’re focused on the foundational hardware and software required to build an immersive, embodied internet that enables better digital social experiences than anything that exists today…”
Meta Platforms, Inc. (NASDAQ: FB) Earnings Highlights: https://www.wallstreetreporter.com/2022/04/07/meta-platforms-inc-nasdaq-fb-q4-2021-earning/
NexTech AR Solutions (OTC: NEXCF) (CSE: NTAR) CEO Evan Gappelberg: “On-Ramp to Metaverse & Web 3.0 for $5.5 Trillion E-Commerce Market”
NexTech AR (OTC: NEXCF), a featured presenter at Wall Street Reporter's "Next Super Stock" investor conference series, recently shared with investors how NEXCF is emerging as a key player in the $5.5 trillion global e-commerce market transition to web 3.0 and the metaverse. NEXCF Augmented Reality solutions enable to view products in lifelike 3D, in their own living room. This AR shopping experience bridges the gap between the physical world, and what was once a flat 2D online e-commerce experience. NEXCFs AR shopping experience is a “game changer” for the 5.5 trillion global e-commerce industry (source: Statisa 2022).
Watch NEXT SUPER STOCK (OTC: NEXCF) (CSE: NTAR) Video: https://www.wallstreetreporter.com/2022/04/06/next-super-stock-nextech-ar-otc-nexcf-cse-ntar-on-ramp-to-metaverse-web-3-0-for-5-trillion-e-commerce-market/
NEXCF AR solutions create billions of dollars in potential profitability and cost cost-savings for e-commerce leaders by driving +93% increases in click through rate, and -40% reductions in product returns. This value creation and ROI is driving growing demand and industry adoption of NEXCF AR solutions. Nearly 2 billion of the world’s population now shops online. Most importantly, over 72% of e-commerce is now done by mobile phone - a native platform for Augmented Reality apps like NEXCF. Global blue chip brands utilizing NexTech AR, include: Ford Mach EV, Kohls, CB2, Crate & Barrel, Pier 1, and Segway.
“NexTech’s AR solutions are rapidly becoming a ‘must-have’ for e-commerce leaders to succeed in today’s hyper-competitive market, where even marginal improvements in metrics like click-though and return-rates can mean the difference of billions of dollars to a company’s bottom line…We’re at an inflection point now, where industry demand and adoption for NexTech’s AR is accelerating and going mainstream. As E-Commerce shifts to Web 3.0 and the Metaverse, the demand for AR/3D product models becomes essential. NexTech is emerging as the “on ramp” to the Metaverse and Web 3.0 for the $5.5 trillion e-commerce industry. With over 200 million product SKU’s in e-commerce worldwide - NexTech has a potential revenue pipeline worth billions of dollars in coming years.”
Watch NEXT SUPER STOCK (OTC: NEXCF) (CSE: NTAR) Video: https://www.wallstreetreporter.com/2022/04/06/next-super-stock-nextech-ar-otc-nexcf-cse-ntar-on-ramp-to-metaverse-web-3-0-for-5-trillion-e-commerce-market/
April 19 - NEXCF launches BigCommerce App For 3D Model Making. With this App going live, Nextech’s ARitize 3D SaaS offering for ecommerce, extends the Company's 3D model creation capabilities to BigCommerce merchants. This App seamlessly provides BigCommerce merchants with the software needed to sell effectively online, with a frictionless one click integration for 3D model making. Nextech has already integrated with Shopify earlier this year, and will integrate with WooCommerce within the next 30 days.
April 14 - NEXCF launches Nextech Metaverse Suite. This Suite of Metaverse SaaS products unifies Nextech’s entire technology stack of 3D and AR products and apps into one, end-to-end seamless and easy to use SaaS subscription based platform. Nextech views SaaS as a significant advancement of all its 3D modelling and augmented reality solutions. SaaS integration has enormous implications for scalability and the company's future revenue growth.
April 12 - NEXCF launches Shopify “freemium” 3D model pricing, updating the Company’s Shopify app, initially launched in January, allowing merchants to create 3D/AR models for their ecommerce site.
April 6 - NEXCF files four pivotal non-provisional utility patents with respect to its ARitize 3D and ARitize CAD products for 3D model making, further strengthening the Company’s intellectual property position.
Watch NEXT SUPER STOCK (OTC: NEXCF) (CSE: NTAR) Video: https://www.wallstreetreporter.com/2022/04/06/next-super-stock-nextech-ar-otc-nexcf-cse-ntar-on-ramp-to-metaverse-web-3-0-for-5-trillion-e-commerce-market/
First Energy Metals (OTC: FEMFF) (CSE: FE) Gurmin Sangha, CEO: “Lithium Essential For EV Boom Ahead”
Booming electric vehicle sales globally are causing prices for battery components like lithium to skyrocket - with prices increasing over 1,000% in the past 12 months, with no slowdown in sight, as EV’s go mainstream. China is snapping up strategic battery metals deposits globally
First Energy Metals (OTC: FEMFF) (CSE: FE) a featured presenter at Wall Street Reporter’s NEXT SUPER STOCK investors conference is developing what promises to be a major lithium project in Quebec, Canada. Preliminary drilling and exploration results, (subject to a qualified 43-101 report), point to adding additional resources to the already 119 million tonne resource surrounding the Augustus Lithium property. A typical EV requires approximately 10 kilograms of lithium, so one ton of lithium ore is enough to build about 90 electric cars.
FEMFF’s flagship “Augustus” lithium project is strategically located in an exciting area of
known Lithium bearing rock types, with neighboring advanced staged projects with resources in place. FEMFF is now progressing on a systematic drilling program with an objective to develop a resource (43-101 compliant) over the next 9-12 months. Lithium projects and exploration projects in the area are of similar grades and support the continued exploration and potential at the Augustus Project. Sayona Mining, who owns both the advanced stage properties in the area recently published a JORC combined Measured, Indicated, and Inferred resource of 119.1million tonnes for both its North American Lithiium (NAL) and Authier project.
Importantly, FEMFF’s lithium project is located in Quebec, Canada which is a mining friendly jurisdiction. FEMFF’s lithium project is located near a past lithium processing plant and other more advanced stage lithium projects. FEMFF’s drilling program is still in the early stages with a number of important milestones in the weeks ahead, which could reveal the project’s full upside potential.
Watch First Energy Metals (OTC: FEMFF) (CSE: FE) NEXT SUPER STOCK video:
https://www.wallstreetreporter.com/2022/01/19/next-super-stock-first-energy-metals-otc-femff-cse-fe-lithium-for-ev-revolution/
Lucid Group, Inc. (NASDAQ: LCID) CEO Peter Rawlinson: “Lucid EV Technology Worlds Apart From Current Market Leaders”
“..Lucid Air was officially announced as Motor Trends 2022, Car of the Year, arguably the most prestigious award in the motor industry, seeking out true innovation, and groundbreaking vehicles. For a new brand and a new Company to win, to my knowledge, that's only been done once before...We believe that our technology is worlds apart from even the current market leaders. For example, no one expected Lucid to achieve even 400 miles of range. And now we have an EPA certification of 520 miles of range for the Lucid Air Dream Edition R. And we've created this technology with an eye towards an ability to manufacture it at scale, which is where true innovation lies…”
“...Our technology powered every car in Formula E, the world's premier electric motorsports series. And indeed, it changed the sport. Our battery packs have enabled Formula E cars to complete full race distances on a single charge. Now, what we learn from every race car, at every race, goes directly into the battery technology, powering Lucid Air. As the media and early customers have learned, our vehicles are truly the fusion of hardware and software, made possible by one of the best teams in the industry. We have auto industry veterans, including members of my former Tesla Model S team, working with former executives from Apple, and learning from their customer, the electronics experience. Along with so many other standouts from automotive and tech industries. We plan to leverage our team's abilities to continue to improve vehicle function and features, even after customers take delivery via over the air updates…”
Lucid Group, Inc. (NASDAQ: LCID) Earnings Highlights: https://www.wallstreetreporter.com/2021/12/14/lucid-group-inc-nasdaq-lcid-q3-2021-earnings-highlights/
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Wall Street Reporter (Est. 1843) is the leading financial news provider, focused on giving investors direct access to CEOs of promising, publicly-traded companies, and market experts. www.WallStreetReporter.com. Nothing in this news summary shall be construed as investment advice. Quotes/content may be edited for brevity and context. Full disclaimer, and relevant SEC 17B disclosures here: https://tinyurl.com/2x4eznd5
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