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Record revenue growth has this AI small cap soaring

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360wallstreet.io

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Tue, Jul 2, 2024 01:15 PM

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What you need to know

What you need to know                                                                                                                                                                                                                                                                                                                                                                                                                 July 02, 2024 | [Read Online]( Good day, 360! Here are our top investing ideas today. And special invite to join Jeff today at 2pm EST in the [Alpha Chamber](. Be the best prepared trader on the Street! FOCUS LIST🔎 RDZN - Up over 50% in the pre-market after reporting record revenue growth SYTA - Up over 20% in pre after announcing it had committed to a significant strategic investment in Canadian Towers & Fiber Optics with a focus on Latin America and Mexico BENF - Up over 5% in pre after announcing termination of SEC investigation Jeff’s spanked the Qs four weeks in a row in [Alpha Hunter](. With wins like this… *Trading is hard, results not guaranteed and should not be expected to be replicated typically. See how he’s dialed in his focused approach. Join him today at 2pm EST in the [Alpha Chamber]( (complimentary). HOTLIST🔥 RDZN - Up over 50% in the pre-market after reporting record revenue growth Roadzen Inc. (RDZN) is a global technology company transforming auto insurance using advanced artificial intelligence (AI). Roadzen’s technology is used to build new products, sell insurance, process claims, and improve road safety. In the after-hours yesterday, the [company reported]( full year earnings. Highlights include: Full year revenue of $46.7 million, up from $13.5 million in the prior year, a 245% increase. Net loss of $99.7 million is impacted by non-cash, non-recurring and extraordinary items, resulting in an Adjusted EBITDA1 loss of $10.4 million, a 5.1% increase over last year. As of March 31, 2024 RDZN had 33 insurance customer agreements (including carriers, self-insureds and other entities processing insurance claims), compared to 26 in the prior year; 68 automotive customer agreements in fiscal 2024 compared to 23 in the prior year; and approximately 3,200 agents and fleet customer agreements in fiscal 2024 compared to approximately 2,000 in the prior year. Cash on hand as of March 31, 2024 was $11.2 million compared to $0.6 million on March 31, 2023. The stock traded up over 50% in the pre-market in reaction to the financial results. The $2.40 area acted as support in the pre-market and will be an important level to watch. Above it, targets to the upside are $2.60, $2.80 and then the pre-market high $3.01. Beyond that, $4 and $5 come into play. Below $2.40, targets to the downside are $2.25, $2, $1.80 and then a gap fill at $1.62. SYTA - Up over 20% in pre after announcing it had committed to a significant strategic investment in Canadian Towers & Fiber Optics with a focus on Latin America and Mexico Siyata Mobile Inc. (SYTA) is a B2B global developer and vendor of next-generation Push-To-Talk over Cellular handsets and accessories. Its portfolio of rugged PTT handsets and accessories enables first responders and enterprise workers to instantly communicate over a nationwide cellular network of choice, to increase situational awareness and save lives. In the pre-market this morning, the [company announced]( it had committed to a significant strategic investment in Canadian Towers & Fiber Optics with a focus on Latin America and Mexico. Canadian Towers & Fiber Optics Inc. ("CT&FO") is a Canadian based company that develops, constructs and owns telecommunications infrastructure in the flourishing telecommunication market in Mexico. CT&FO is focused on tower development in the attractive telecommunication market of Mexico with plans to expand to other Latin America countries through its extensive relationships in the region. Siyata CEO, Marc Seelenfreund, commented  "Our investment in CT&FO provides us with an entrée into Latin America through an established and fast-growing telecommunications partner. Through this partnership, we will have the opportunity to collaborate with a leading cell tower company to develop new business opportunities for our PTT handsets in Central Mexico and across Latin America as CT&FO further expands its business. SYTA traded up over 10% in the pre-market in reaction to the news. The first target for bulls is the pre-market high at $1.13. Beyond that, $1.35, $1.50, $2 and $2.30 come into play. Below $1.13, targets to the downside are $1, $0.90, $0.85, $0.75 and then a gap fill at $0.7390. [Celebrate 40% off ALL our top services!]( And right now All-Access includes Jason’s on FIRE [Roadmap](, valued at $2,999 yearly, at no added cost. BENF - Up over 5% in pre after announcing termination of SEC investigation Beneficient (BENF) is a technology-enabled financial service company that provides liquidity solutions and related trust, custody and administrative services to participants in the alternative asset industry. The company operates through Ben Liquidity, Ben Custody, and Customer ExAlt Trusts segments. In the pre-market this morning, the [company announced]( that the Securities and Exchange Commission (SE”) has issued termination letters to the Company and its founder, Chairman and Chief Executive Officer, Mr. Brad Heppner, advising that the SEC has concluded the investigation and does not intend to recommend an enforcement action by the SEC under the previously issued Wells Notices. As a result, the Company requires additional time to update its Annual Report on Form 10-K for the fiscal year ended March 31, 2024 (the “Annual Report”) and complete its procedures related to the updated information prior to filing the Annual Report. Additionally, the Company’s earnings webcast and earnings release for its fourth quarter and Fiscal 2024 previously scheduled for July 2, 2024 at 8:30 a.m. Eastern Daylight Time has been postponed. The stock traded up over 5% in the pre-market in reaction to the news. The first target for bulls is the pre-market high at $2.40. Beyond that, $2.60, $2.80, $3, $3.30, $3.50, $4 and $4.38 come into play. Below $2.40, targets to the downside are a gap fill at $2.08 and then $1.90. MARKET NEWS 📰 P.S. Make sure you text “RAGE” to (888) 404-5747 to get all of our latest HOT STOCK ideas! Questions or concerns about our products? Email [Support@360wallstreet.io]( © Copyright 2022, RagingBull DISCLAIMER To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at [( FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any RagingBull Service offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision. RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers' trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment. RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor (IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization. Employees, owners, and other service providers of https:// ragingbull. com or RagingBull.com LLC are paid in whole or in part by commission based on their sales of Services to subscribers. RagingBull.com, LLC shall be entitled to recover attorneys’ fees, costs and disbursements. In the event that any suit or action is instituted as a result of doing business with RagingBull. com, LLC and/or its affiliates or if any suit or action is necessary to enforce or interpret these Terms of Service, RagingBull. com, LLC shall be entitled to recover attorneys’ fees, costs and disbursements in addition to any other relief to which it may be entitled. WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services except possibly by advertisers in this email. However, Ragingbull.com, LLC, its owners, and its employees may purchase, sell, or hold long or short positions in securities of the companies mentioned in this communication. [tw]( Update your email preferences or unsubscribe [here]( © 2024 360 WallStreet 62 Calef Hwy. #233 lee, NH 03861, United States of America [Terms of Service](

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