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Is Low Float (Nasdaq: MARK) Ready To Take On Key Resistance Levels? Heating Up Again... (Breaking News)

November 30th

Greetings Readers,

Could MARK be ready to make a major move?

As I hinted at earlier, MARK was trading around key resistance levels in its 50-Day Simple Moving Average (SMA) and its 13-Day Exponential Moving Average (EMA).

And after a slight pull back, it looks like this low float idea could be ready to take on those technical lines once again.

Part of the reason for this quick bounce back could be because MARK is growing support at its 5-Day SMA and 5-Day EMA levels which it's already trading above.

Another reason could be today's huge news: Remark Holdings, Inc. Releases Version 1.0 of its AI-powered Video Analytics System for Aircraft Engine Inspections And Safety

Take a moment right now to review my initial report below and get this Nasdaq idea on radar now.

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In the dynamic realm of artificial intelligence (AI), an emerging player is capturing attention with its remarkable presence and vast potential.

This innovative force extends far beyond a singular focus, delving into a multitude of sectors that range from cutting-edge facial recognition technology to sophisticated retail analytics.

Strategically diversifying its interests, one company is establishing a significant footprint in the sectors of healthcare, hospitality, and retail.

The company's expansive reach is not merely a display of versatility but a well-thought-out strategy poised to unlock diverse revenue streams.

As a little-known gem in the fast-paced AI space that's expected to reach $1.345Tn by 2030 while growing at a CAGR of 36.8%...

...this company's nimble and adaptive approach positions it as a noteworthy contender to watch closely.

But here's where things may get very interesting right now...

With a low float of roughly 19.65Mn shares according to Yahoo Finance, a potential catalyst like important company news may see volatility allow for explosive moves in a blink of an eye.

And with a ton of key company developments already announced throughout 2023, it's time to drop everything and pull up:

*Remark Holdings, Inc. (Nasdaq: MARK)*

Remark Holdings, Inc., the industry leader in AI-powered analytics computer vision solutions, delivers an integrated suite of AI-solutions that help organizations understand their customer demographics and behavior, while monitoring, understanding and acting on potential security threats in real time.

Remark consists of an international team of sector experienced professionals that have created award-winning video analytics.

AI Simplified

Applying the power of AI through practical and accessible solutions that solve problems, reduce risk and deliver positive outcomes across multiple industries.

Remark Vision is a global leader in Video Analytics with one of the most intelligent, reliable, and fast AI platforms.

Their headquarters are in Las Vegas, and they have a global presence with an R&D center in the UK.

Remark Vision Provides:

• Top-rated deep learning-based advanced video analytics
• Top-ranked facial recognition in the western world in NIST
• Real-time Situational Awareness
• Advance noise-filtering – limit false detection
• Forensic Investigation
• Cloud-based or on-premise deployments
• GDPR Compliant
  

Key Customers & Partners

Safety Space Platform (SSP)

Safety Space Platform (SSP) by Remark AI is the premier leader in applying computer vision for ID verification, behavioral, and object detection, having won numerous industry and government benchmark tasks for accuracy and speed.

SSP transforms the given video stream into a series of metadata comprised of objects and activities.

Its advanced data science platform mines the meta information to recognize discernible patterns that lead to a higher level of activities and events recognition, generating high-level actionable insights to improve public security, workplace safety, and operation management.

SSP generates real-time alerts allowing the operation staff to respond rapidly to prevent any events or activities that can endanger public security or workplace safety.

Alerts are sent directly to the control center or the onsite operation staff for further verification and reaction in real-time.

Moreover, attributes of events are stored in an informative way for search and real-time remote commanding and post-event investigation.

SSP combines all these events by organizing the geographic map information and dashboard in a user-friendly way so that the management team can understand the whole operation and provide actionable insights to the staff for making decisions and deploying the resources for rapid actions on stopping crimes and preventing loss.

SSP is developed on the latest modern architecture concepts, including edge AIoT and micro-service architecture.

This allows expensive cost computing on edge without large video data transmission over the internet.

It dramatically reduces costs while integrating various sensors on the edge, thermal imaging, radar, voice, etc., making itself a powerful and intelligent platform.

SSP has developed advanced AI models that cover a wide range of security or safety functions, object (appearance and attributes) detection and recognition, protective equipment, vehicle plate number, unattended object, abnormal behavior – falling/running, fire, and smoke, etc.

Sources: Company Website. SSP White Paper.

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And right now, MARK has 2 immediate potential catalysts that could provide it with a major breakout spark. Check them out...

No. 1 - New Sales And Marketing Collaboration Broadens MARK's Reach To More Than 200K Customers

Remark announces sales and marketing collaboration with Arrow Electronics and Intel

LAS VEGAS, Oct. 30, 2023 /PRNewswire/ -- Remark Holdings, Inc. (Nasdaq: MARK), a leading provider of artificial intelligence ("AI") -powered video analytics, today announced a sales and marketing initiative with Arrow Electronics (NYSE: ARW) and Intel (Nasdaq: INTC). ... This collaborative initiation broadens Remark's reach to Arrow's more than 200,000 customers, providing them with Intel-powered AI servers that run Remark's Smart Safety Platform (SSP), with Arrow providing distribution, inventory, and logistical sales support.

...

Shing Tao, Chief Executive Officer of Remark Holding comments, "We are thrilled to work with Arrow and Intel. AI-powered computer vision requires the latest chips to provide tremendous computing power and performance, which optimizes well on Intel processors. Our combined strength expands Remark's scalable AI video analytics solution to Arrow and Intel's commercial and industrial clients that run on the Intel platform in both the private and public sectors, driving pro-fit-able growth."

Read the full article here.

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No. 2 - Company Exposure Could Grow Exponentially After Smart City Expo World Congress

Remark Holdings, Inc. joins NVIDIA as a partner of PNY to present at the Smart City Expo World Congress in Barcelona on November 7-9

LAS VEGAS, Oct. 12, 2023 /PRNewswire/ -- Remark Holdings, Inc. (Nasdaq: MARK), a leading provider of artificial intelligence ("AI") powered video analytics solutions, announced today that it will be joining NVIDIA as part of PNY's booth at the upcoming Smart City Expo World Congress in Barcelona on November 7-9, 2023.

Remark will be joining PNY Technologies, Inc., the leading distributor of NVIDIA graphic cards and GPUs, to showcase Remark's Smart Safety Platform ("SSP") in its booth along with NVIDIA as a model for practical applications of NVIDIA's Metropolis Smart City Program.

"We are excited to host Remark AI at our booth at the Smart City Expo World Congress in Barcelona," says Youssef Nadiri, PNY's Product Manager for Edge AI Solutions. "Remark AI's powerful video analytics software solutions, when combined with our family of hardware products, will offer our customers a practical application of our partner NVIDIA's Metropolis Smart City Solutions, laying a solid foundation to build smart cities of the 21st century."

The Smart City Expo World Congress is the world's biggest and most influential event for cities and urban innovation. Every year, leaders from the most innovative companies, governments and organizations gather to move cities forward to create a better future. By bringing together the latest vendors who are providing the latest technologies for urban innovation across the globe, the Congress empowers cities to face the critical challenges the world faces today such as climate change, accelerating a bright urban paradigm toward a smart and efficient city.

...

Read the full article here.

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Coverage is officially initiated on (Nasdaq: MARK). Get it on your radar right now.

Talk soon,

Kai Parker

StockWireNews

(Always Remember The St.ock Prices Could Be Significantly Lower Now From The Dates I Provided.)