ARK ETF: Investing in the New Nasdaq Universe with IKF AI

Sergey Okun  This "ARK ETF Stocks Universe: Investing in the New Nasdaq Universe with IKF AI" article was written by Sergey Okun – Senior Financial Analyst, I Know First, Ph.D. in Economics.

Summary:

  • COVID-19 has provided a positive environment for the Technology Stocks with increasing the XLK ETF by 54% while the SPY ETF increased by 32% from February 20th, 2020, to February 16th, 2022.
  • ARK ETFs allow investors to get access to the most promising technological areas as artificial intelligence, DNA sequencing, robotics, energy storage, and blockchain technology.
  • The AI algorithm of I Know First provides recommendations for the top long and short stocks from the ARK stocks universe.

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Apple’s leading Innovation Breakthrough Followed By Outstanding Q2 Fiscal Financial Results Of 2018

“If you’re going to make connections which are innovative… you have to not have the same bag of experiences as everyone else does.” – Steve Jobs

Highlights:

  • Apple on the way to a breakthrough – carbon-free aluminum smelting
  • Financial Results for fiscal Q2 of 2018
  • Q3 Financial Guidance
  • Industrial comparison 

[Image Source: Fossbytes.com]

Apple on the way to a breakthrough – carbon-free aluminum smelting method

Aluminum is a key material in many of Apple’s most popular products, and for more than 130 years, it’s been produced the same way. Aluminum giants Alcoa Corporation and Rio Tinto Aluminum announced a joint project to commercialize original technology that eliminates direct greenhouse gas emissions from the traditional smelting process. This is a key step in aluminum production that if fully developed and implemented, will strengthen the closely integrated Canada-United States aluminum and manufacturing industries.

As part of Apple’s commitment to reducing the environmental impact of its products through innovation, the company helped accelerate the development of this technology. Apple has partnered with both aluminum companies, and the Governments of Canada and Quebec, to collectively invest a combined $144 million to future R&D.  “Apple is committed to advancing technologies that are good for the planet and help protect it for generations to come,” said Tim Cook, Apple’s CEO.

This follows Apple’s announcement last month that all of its facilities are now powered with 100 percent clean energy and 23 of its suppliers have committed to do the same.

 

[Image Source: GlobalMediaIT]

Q2 Financial Results of 2018

On May 1st, 2018, Apple announces its financial Q2 results of 2018. Apple achieved a quarterly revenue of $61.1 billion, 16% increase from Q2 of 2017, quarterly earnings per diluted share of $2.73, up 30%, and generated over $15 billion in operating cash flow. International sales accounted for 65% of the quarter’s revenue. In Q2, iPhone X was sold more than any other iPhone each week and the company’s revenue in all geographic segments grew, with over 20% growth in Greater China and Japan. As for this financial Q2 report, Apple’s board has approved a new $100 billion share repurchase authorization and a 16% increase in their quarterly dividend. Reflecting the approved increase, the board has also declared a cash dividend of $0.73 per share of Apple’s common stock.

Apple is expected to continue to net-share-settle vesting restricted stock units. From the inception of its capital return program in August 2012 through March 2018, Apple has returned $275 billion to shareholders, including $200 billion in share repurchases.

The Company will complete the execution of the previous $210 billion share repurchase authorization during Q3.

Q3 of 2018 Financial Guidance

Revenue between $51.5 billion and $53.5 billion
Gross Margin between 38% and 38.5%

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Apple – Creating a healthier planet through innovation

“We’re committed to leaving the world better than we found it. After years of hard work, we’re proud to have reached this significant milestone,”

-said Tim Cook, Apple’s CEO.

Highlights

  • Nine More Apple suppliers commit to 100 percent clean energy production
  • Apple’s renewable energy projects
  • Appel’s New Robot, Daisy, Disassembles iPhone to Reclaim Precious Materials
  • 2018 Q1 results and Q2 outlook

[Image Source: Pixabay]

As part of its commitment to combat climate change and create a healthier environment, Apple announced on April 9, 2018 its global facilities are powered with 100 percent clean energy. This achievement includes retail stores, offices, data centers and co-located facilities in 43 countries – including the United States, the United Kingdom, China and India. The company also announced nine additional manufacturing partners have committed to power all of their Apple production with 100 percent clean energy, bringing the total number of supplier commitments to 23. In addition, over 85 suppliers have registered for Apple’s Clean Energy Portal, an online platform that Apple developed to help suppliers identify commercially viable renewable energy solutions in regions around the world.

Apple and its partners are building new renewable energy projects around the world, improving the energy options for local communities, states and even entire countries. Apple creates or develops, with utilities, new regional renewable energy projects that would not otherwise exist. These projects represent a diverse range of energy sources, including solar arrays and wind farms as well as emerging technologies like biogas fuel cells, micro-hydro generation systems and energy storage technologies.

A few of Apple’s renewable energy projects:

Apple Park, Apple’s new headquarters in Cupertino, is now the largest LEED ( Leadership in Energy and Environmental Design) Platinum-certified office building in North America. It is powered by 100 percent renewable energy from multiple sources, including a 17-megawatt onsite rooftop solar installation and four megawatts

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Artificial Intelligence In Finance and its Impact in Transforming the Industry

 

This article was written by Esther Hanon, a Financial Analyst at I Know First.

AI Promoting Advances in the Geo-Spacial Analytics Space Race:

Summary:

  • AI companies spot a business opportunity in space
  • Innovation, massive investment, and lower costs are fueling a new commercial space race.
  • Geospatial Analytics increasingly becoming a booming industry, where satellites are being used to track everything from retail football to food production.
  • Companies working on the technology have attracted big money, as they sense an explosion in commercial satellites.

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