FIT - These 4 Tech Stocks May Set The Pace On Wednesday (1/16/19)
CORAL GABLES, FL / ACCESSWIRE / January 16, 2019 / The future of tech stocks is built upon the notion that society is replete with challenges facing our existence, and our greatest minds are being tasked with meeting these obstacles through innovation and design. With the advent of artificial intelligence, big data, vehicle automation, and a plethora of other futuristic developments coming out of the space, it makes sense that investors are interested in the development of companies from the multi-billion dollar industry, and as a result of the recent increase of favorable public opinions, the tech industry may see gains as a result of this industry gaining favorable market opinion. XSport Global, Inc. (XSPT), Ability Inc (NASDAQ: ABIL), STMicroelectronics NV (NYSE: STM), and Fitbit Inc (NYSE: FIT) are 4 tech stocks representing companies innovating towards the future.
XSport Global, Inc. (XSPT) is a company that is leading the cognitive assessment technology industry as they seek to further the success of high-performance athletes around the world through''leading sciences, innovative technologies, and pioneering digital media.''
In late-November 2018, XSport Global, Inc. (XSPT) announced their rapid development of FitLinkDNA, a service designed to help athletes train, compete, and perform at their full capacity. Per the announcement, the service will include a set of comprehensive digital reports that will become the athletes' digital blueprint – allowing them to develop a tailored, personalized, wellness regimen.
Robert Finigan, CEO of XSport Global, Inc. (XSPT), said, ''Decoding the human genome is one of the most significant undertakings that has ever been mounted in the history of science. DNA sequencing has revolutionized our understanding of the human genome and provided insights that were beyond comprehension just ten years ago. By taking it a step further and using that knowledge to provide real solutions to genetic level problems, the Company is working to monetize advanced technology and its applications in one of the most high-growth, highest-grossing global industries ever.''
For More Information On XSport Global, Inc, Click Here
Ability Inc, (ABIL) a provider of innovative tactical communications intelligence solutions, announced at the end of December that Anatoly Hurgin and AlexanderAurovsky, founders and officers and directors of the Company, entered into an agreement with the Company pursuant to which the amount outstanding under the Company's line of credit, which was secured with funds of Messrs.
Per the press release, Under the terms of the agreement, the Company's outstanding line of credit with an Israeli commercial bank (NIS 5.5 million, or approximately $1.5 million) will be repaid using funds to be transferred to the Company by Messrs. Hurgin and Aurovsky. In return, the Company will issue, in a private placement, to each of Messrs. Hurgin and Aurovsky 226,426 ordinary shares (452,852 ordinary shares in the aggregate) and warrants to purchase 226,426 ordinary shares (452,852 ordinary shares in the aggregate) at a conversion price of $3.25, the same price per unit of the Company's recently closed public offering.
For More Information On Ability, Inc, Click Here
STMicroelectronics NV (STM), a global semiconductor leader serving customers across the spectrum of electronics applications, today announced that its automotive NFC Reader IC and its automotive 8-bit micro controller have been chosen for the Qi-compliant automotive wireless charging reference design from Rohm.
Hiroshi Noguchi, Japan country manager, STMicroelectronic, commented,''Rohm's adoption of the ST NFC products and 8-bit microcontroller for their Qi-standard automotive wireless-charging reference design shows that ST's broad product lineup has big potential for creating new and valuable automotive functions. We anticipate many auto manufacturers will see wireless charging as an important added value that will provide ST with another way to contribute to a more comfortable driving experience for consumers.''
For More Information on STMicroelectronics NV, Click Here
Fitbit Inc (FIT), one of the leading wearables brands, announced at the tail-end of last week that Fitbit users in Sydney, Australia with certain devices, would officially be able to leave their debit cards at home and use FitBit Payâ„¢on their Fitbit device to quickly and easily pay for public transport/other expenses.
Shaun Colligan, Regional Director Australia & New Zealand, Fitbit, said, "We're thrilled that Sydneysiders can now take advantage of Fitbit Pay for their commute, providing users with a quick and easy way to tap on and off to their train, ferry or light rail directly from their Fitbit device. Australians have embraced digital payment technologies with the nation truly leading the global charge to a cashless society. It's important that we can converge these technologies seamlessly, to make life even easier and more convenient."
For More Information On Fitbit, Inc., Click Here
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Pursuant to an agreement between MIDAM VENTURES, LLC an affiliate of JSG COMMUNICATIONS LLC and XSport Global, Inc. we were hired for a period from 11/4/2018 -2/4/2019 to publicly disseminate information about XSport Global, Inc. including on the Website and other media including Facebook and Twitter. We were paid $50,000 ( CASH) for & were paid ''0'' shares of restricted common shares. We own zero shares of XSport Global, Inc., which we purchased in the open market. We may buy or sell additional shares of XSport Global, Inc. in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. Please click here for full disclaimer.
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