Page 1,270«..1020..1,2691,2701,2711,272..1,2801,290..»

What are some controversies surrounding natural language … – FOX Bangor/ABC 7 News and Stories

As machine learning technology continues to shock the world, popular artificial intelligence tools such as natural language processing may generate unforeseen issues for humanity.

For instance, natural language processing can have implicit biases, create a significant carbon footprint, and stoke concerns about AI sentience. Natural language processing is a field in machine learning where a computer processes human language through vast amounts of data to understand, translate, extract, and organize information. However, the language processing tools such as Open AI's Chat GPT and other tools run into some challenges, such as misspellings, speech recognition, and the ability of a computer to understand the nuances of human language.

One of the biggest rising concerns regarding natural language processing is artificial intelligence programs' ability to have implicit bias and perpetuate stereotypes. One of the most essential tasks of natural language learning models is to study and learn patterns from data sets in order to understand how humans communicate with one another. Sometimes, these data sets can have implicit bias thinking that may affect how an AI learns the language and communicates its findings.

WORLD'S FIRST AI UNIVERSITY PRESIDENT SAYS TECH WILL DISRUPT EDUCATION TENETS, CREATE RENAISSANCE SCHOLARS

For example, suppose a dataset has language that assigns certain roles to men, such as computer programmers or doctors but assigns roles, like homemaker or nurse, to women. In that case, the AI program will implicitly apply those terms to men and women when communicating in real time. Therefore, stereotypes existing within the data set can lead to algorithms having language that applies unfair stereotypes based on race, gender, and sexual preference.

Political bias is another real concern for natural language processing programs that may lead to the impression of information based on the political preference of the data set used to train the AI. For instance, in February 2023, ChatGPT users discovered that the language processing program refused to communicate information about the Hunter Biden laptop story and speak about former President Donald Trump positively despite doing the same for President Joe Biden.

The political biases of machine learning language processing tools often result directly from the programmer or the dataset it is trained with. If the programmer refuses to correct those biases, it often leads to the suppression of news and information that may anger one side of the political spectrum.

Read below to discover other controversies and concerns regarding natural language processing.

One concern that individuals have had about the AI industry for years is a machine learning programs' ability to seemingly think for themselves and express feelings. Natural language processing models are often the version of AI that concerns individuals in this regard due to the computer's ability to mimic and present written text in a way that expresses the same emotions and thought patterns as humans.

AI TOOL HELPS DOCTORS MAKE SENSE OF CHAOTIC PATIENT DATA AND IDENTIFY DISEASES: 'MORE MEANINGFUL' INTERACTION

However, just because an AI program is coherent or as the ability to readily generate information does not mean the machine is sentient. It is not possible for AI to register experiences or feelings because it does not have the ability to think, feel, or perceive the world with a sentient mind.

Artificial intelligence, in general, but specifically natural language processing models, creates an environmental footprint that is comparable to the oil industry. Data mining, which is essential for the existence of artificial intelligence, consumes a large amount of electricity which releases carbon dioxide into the air. For instance, the data mining generated from cryptocurrency and AI-related programs between 2021-22 was responsible for an excess of 27.4 million tons of carbon dioxide into the air.

Natural language processing is a lucrative commodity yet has one of the largest environmental impacts out of all the other fields in the artificial intelligence realm. The process used to train, experiment, and fine-tune a natural language process model has been estimated to create on average more CO2 emissions than two Americans annually.

Some natural language processing programs that use neural architecture search created even more CO2 emissions that experts have estimated to be nearly five times more than the carbon footprint of a normal American car driver.

Continue reading here:

What are some controversies surrounding natural language ... - FOX Bangor/ABC 7 News and Stories

Read More..

What Is ERC721-C, and Could It Solve Web3’s Royalty Issues? – nft now

Creator royalties have become a major point of contention in the NFT space. This shouldnt be news to anyone who claims Web3 as their stomping ground. But what should be surprising is that the debate surrounding the necessity of royalties has failed to make any truly significant progress since its inception.

Sure, most of the NFT spaces most prominent marketplaces have taken a stance on the matter. Still, by and large, innovations like Manifolds Royalty Registry have fallen short of ensuring creators receive their dues. That isnt to say there arent builders actively trying to remedy the situation though. There surely are, and the recently announced ERC721-C standard is undoubtedly proof of such efforts.

ERC721-C is a new type of token standard created to effectively make on-chain royalties enforceable. In contrast with ERC-721 and ERC1155 the most commonly created and traded type of NFTs this new standard makes royalties programmable, allowing creators to block zero-fee exchanges from platforming their works once and for all.

Conceived by blockchain gaming company Limit Break, ERC721-C (and ERC1155-C) allow creators to set new rules for their royalties on-chain. In simple terms, this new standard means artists and developers can create a sort of permissioned smart contract that dictates where and how royalties are transferred.

Essentially, this new type of customizable royalties contract allows creators to choose where their NFTs are sold and empowers them to filter interactions from only the contracts and applications of their choosing. No longer will traders be able to circumvent royalties by using zero-fee platforms because any collection created with ERC721-C can simply opt out of trading on such marketplaces.

Limit Breaks new advent can also be applied to a variety of use cases other than simple end-to-end royalty transactions. As noted by strategist and writer Hunter Solaire in his tweets below, users of this new standard could easily find dynamic ways to customize their royalties to benefit themselves and their supporters.

ERC721-C could potentially even be used for community-building initiatives, as royalties from sales could be automatically split between, say, members of a DAO or winners of a contest. But instead of kickbacks happening in perpetuity, creators can allocate what percentages are doled out, when, and how frequently.

Moreover, ERC721-C is built to be fully backward compatible, meaning it will function without issue with existing chain and marketplace standards. About this specific functionality, the CEO of Limit Break, Gabriel Leydon, expressed his excitement during a Twitter Space by saying, You will actually be able to block exchanges for real now, and theres nothing they can do about it.

The standard that everybodys using right now cannot defend royalties, Leydon added. This is the real deal. This is a real on-chain solution for royalties. This will work, its going to work, and in my opinion, its going to change the internet.

An important consideration to be made with ERC721-C and ERC1155-C (or other new standards like ERC-6551 or BRC-20, for that matter) is that they wont be adopted overnight. Although interest has been steadily spreading throughout the NFT space, the standard is new and relatively complex and might become further compounded if more features are added.

Similarly, the customization features established by ERC721-C will likely mean that marketplaces will need to update their platforms to accommodate. But of course, even this step might not be achieved until Web3 sees proof of the viability of the new standard in the form of a successful collection implementing the new standard.

All in all, though, those in support of creator royalties should keep their attention fixed on this new standard rather than the combativeness ensuing between marketplaces. Because, as Leydon put it during his Twitter Space, Its ultimately the creator that drives volume, not the exchange.

Read the rest here:

What Is ERC721-C, and Could It Solve Web3's Royalty Issues? - nft now

Read More..

Celonis Launches New Process Mining Innovations to Deliver Fast, Substantial Value to Customers – Yahoo Finance

Showcasing new product capabilities during 10-city World Tour, including new object-centric data model and a more intuitive, open and intelligent platform

NEW YORK & MUNICH, May 23, 2023--(BUSINESS WIRE)--Celonis, the global leader in Process Mining, today showcases a series of powerful new product capabilities that enable companies to rapidly find and capture business value within their processes. At the Celonis World Tour 2023 - that kicked off today in Munich, Germany - the company demonstrates how it helps its customers to improve the performance of their core business processes. The new features demonstrate how the company has extended and enhanced its core platform and underscore how Celonis continues to reinvent process mining.

Object-Centric Data Model

Following on from the launch of Object-Centric Process Mining at Celosphere 2022, Celonis now introduces the Object-Centric Data Model, a new and powerful single data representation of an entire business that enables companies to dramatically accelerate the speed with which they can model their process data, gain critical insights, and take action to start realizing value. Celonis Object-Centric Data Model reduces the work needed to transform the data from source systems and operates side by side with Event Log Data Models, making the transition non-disruptive. It also powers Celonis new End-to-End Lead Times App - also launching today - which enables supply chain leaders to fully comprehend end-to-end lead times and understand the impact of each process to accelerate cash conversion and exceed service levels.

Benefits of Celonis Object-Centric Data Model include:

Simplicity. Businesses can work with a data model that uses the same language they do - for invoices, orders, deliveries rather than the language of source systems, to better model the business;

System agnosticity. Companies can take advantage of Celonis apps and process content, no matter which ERP, SCM, CRM or other source system they use, leveraging standardized business definitions and prebuilt transformations for core processes;

Flexibility. With traditional process mining, a business needs a data model for each process it wants to examine. With the new object-centric data model, organizations can dynamically adjust process analyses, switching perspectives from process to process without needing to go back to the source data. This significantly reduces onboarding time, and allows organizations to get to insights and key actions much faster.

Story continues

"I look forward to extending our usage of Celonis market-leading process mining solution throughout our organization," said Travis Cain, Senior Director Enterprise Architecture & Data Science Experience for Dell Technologies. "The Celonis Execution Management System has already provided us with tremendous benefits, including the ability to more easily find bottlenecks in our processes and get to deeper business insights more quickly. Using Celonis process mining capabilities gives us insights into the complexity of our operations and helps us to drive rapid business value by improving the performance of our core business processes."

"Object-centric process mining allows users to easily navigate through processes based on real-life objects and events, and fully unleashes the power of process mining," said Alex Rinke, co-founder and co-CEO at Celonis. "Customers can build and interact with their data more naturally, in a way they are already familiar with. With this new expanded data foundation, as well as the additional capabilities we are unveiling during this years World Tour, I am thrilled to show customers how Celonis provides them with unparalleled visibility, helps them disseminate process intelligence, and enables intelligent actions across the enterprise."

An Intuitive Platform: Process Intelligence Accessible to All Users

Celonis Business Miner, the industrys first intelligent process investigation technology and collaboration workspace, arms every business user with a breakthrough new way to easily, and independently investigate, communicate, and team up around process problems and opportunities. With it, Celonis deepens and democratizes the power of process mining so that everyone in an organization, not just analysts, can understand and improve process performance. No technical background is needed to be able to take advantage of process mining.

Celonis Business Miner is now generally available with process-specific explorations in Celonis core processes: Accounts Payable, Accounts Receivable, Procurement, and Order Management, as well as for additional process-agnostic explorations that focus on topics like cycle times, rework, and undesired activities.

With its intuitive question-and-answer-based exploration that provides quick and consumable insights, Celonis makes this powerful communication and collaboration tool accessible to all users with a Celonis Execution Management System (EMS) license, enabling unparalleled scalability and performance.

An Open Platform: Intelligence API

Celonis is also focused on providing its customers with an open platform - a critical strength recently recognized by Gartner.

First announced at Celosphere 2022 and generally available since March 2023, the Celonis Intelligence API is designed to provide governed access to Celonis process intelligence for use within third party applications.

The Intelligence API enables Celonis to bring unique process intelligence to tools as varied as PowerBI for reporting at scale, Slack for instant communication about process insights, and ServiceNow for rapid action triggered by process mining. Celonis itself uses Intelligence API to surface critical process insights within Salesforce to help its teams within software environments where they already work.

This makes the Intelligence API more open and accessible to an entire organization and enables intelligent orchestration and process-intelligent applications. Emporix, who launched their Commerce Execution Platform (CXP) at Celosphere 2022, are pioneering in this space. The Emporix CXP is a workflow engine that helps organizations optimize their business outcomes by leveraging process insights from Celonis.

Celonis provides the process context while Emporix orchestrates the end customers experience and interactions so that Emporix is delivering a better, more tailored customer experience as well as more efficient and cost-effective operations for customers.

Furthermore, the Intelligence API is a key component of Celonis platform strategy, as the company continuously aims to deliver a more intuitive, more open and more intelligent platform to its customers.

"The current macroeconomic climate demands better ways of working, which means organizations urgently need to improve their core business processes," says R "Ray" Wang, CEO and Principal Analyst, Constellation Research, Inc. "Processes are the fabric of every business, but many do not deliver much value - if any. With features such as the Object-Centric Data Model, Business Miner, and Intelligence APIs, customers can rapidly improve processes to achieve cost savings, increase customer satisfaction, meet regulatory requirements and boost overall performance."

The Celonis World Tour kicks off on May 23 and covers 10 stops across the US, Europe and Japan. It is Celonis global process mining roadshow where customers, prospects and partners share how, with Celonis, they are able to find and capture business value within processes, enabling them to perform at levels they never thought possible. The Celonis World Tour kicked off shortly after Celonis was named a leader in Gartners first-ever Magic Quadrant for Process Mining Tools. The report catapulted process mining into C-level consciousness and placed Celonis highest and farthest to the right on both axes, Ability to Execute and Completeness of Vision.

About Celonis

Celonis enables customers to optimize their business processes. Powered by its leading process mining technology, Celonis provides a unique set of capabilities for business executives and users to continuously find improvement opportunities within and across processes, and execute targeted actions to rapidly enhance process performance. This optimization yields immediate cash impact, radically improves customer experience, and reduces carbon emissions. Celonis has thousands of implementations with global customers and is headquartered in Munich, Germany and New York City, USA with more than 20 offices worldwide.

2022 Celonis SE. All rights reserved. Celonis, Execution Management System, EMS and the Celonis "droplet" logo are trademarks or registered trademarks of Celonis SE in Germany and other jurisdictions. All other product and company names are trademarks or registered trademarks of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230523005621/en/

Contacts

Celonis press@celonis.com

See original here:

Celonis Launches New Process Mining Innovations to Deliver Fast, Substantial Value to Customers - Yahoo Finance

Read More..

Crypto industry updates: Chainlink VRF live on Arbitrum One – InvestorsObserver

2023-05-20 07:12:07 ET

Chainlink is a web3 services platform and a decentralized Oracle network. On Saturday (May 20), the protocol joined forces with Arbitrum, an Ethereum layer two scaling solution, to reveal the launch of Chainlink VRF (Verifiable Random Function) on Arbitrum One.

That will offer developers access to a widely-recognized random number generator (RNG). Arbitrum Foundation and Chainlink will host a VRF workshop on 22 May.

The official press release revealed that Chainlink Verifiable Random Function joined the Arbitrum One platform. The launch will benefit Arbitrum and Chainlink, providing them access to new decentralized applications (dApps) and smart contracts that developers create.

Chainlink VRF remains the most adopted RNG (random number generator) within the cryptocurrency market. It allows smart contract creators to develop scalable, fair, and secure apps, including gaming and NFT . Moreover, Arbitrum One enables developers to build dApps at low cost and high throughput.

Chainlink Labs Johann Eid commented on Arbitrums benefits in unloading Ethereum transaction congestion without compromising security. He believes Arbitrums incredible speed will unlock many use cases by enhancing Chainlink VRF.

As mentioned, the collaboration is a win for the parties benefiting Chainlink and Arbitrum communities. Chainlink Verifiable Random Functions offers randomness to more than 6,300 smart contracts in various blockchains.

The Arbitrum-Chainlink connection will help developers to develop high-end decentralized applications to boast smart contract functions. Moreover, Chainlink Automations launch on Arbitrum One will automate crucial smart contract functionalities without sacrificing decentralization. Chainlink continues to expand on innovation, signing deals with companies such as Coinbase Cloud , Optimism, and SWIFT.

Chainlink and Arbitrum have LINK and ARB as their native tokens, respectively. LINK lost around 1% over the past day, changing hands at $6.50 at press time. The altcoin struggled in May following market uncertainty. LINK lost 2% over the past seven days.

Contrarily, ARB surged 1% within the past 24 hours, currently hovering at $1.16. It hit a $1.17 daily high and a $1.15 low. Meantime, Arbitrum dominates transactions on the Ethereum blockchain as it ensures low gas fees and high speed.

The post Crypto industry updates: Chainlink VRF live on Arbitrum One appeared first on Invezz .

Read this article:

Crypto industry updates: Chainlink VRF live on Arbitrum One - InvestorsObserver

Read More..

High-Speed Engine Market to reach USD 29.9 billion by 2029 at a … – InvestorsObserver

High-Speed Engine Market to reach USD 29.9 billion by 2029 at a CAGR of 3.9 percent says Maximize Market Research

Pune, May 25, 2023 (GLOBE NEWSWIRE) -- A global Material & Chemical business consulting firm, Maximize Market Research has published a market intelligence and competitive landscape report on the High-Speed Engine Market . The report is a combination of primary data and secondary data and domain experts have analyzed the High-Speed Engine Market from a global point and regional standpoint. Over the forecast period, Maximize Market Research expects the market to grow from USD 23.6 Bn. in 2022 to USD 29.9 Bn. in 2029 at a CAGR of 3.9 percent.

High-Speed Engine Market Report Scope and Research Methodology

Request For Free Sample Report: https://www.maximizemarketresearch.com/request-sample/188030

The High-Speed Engine Market report includes a comprehensive analysis of emerging trends, market drivers, growth opportunities, and major restraints in the industry. It also provides a detailed analysis of the major segments of the High-Speed Engine Market with their sub-segments. The report covers historical data for understanding the past and forecasting future trends in the High-Speed Engine industry. To understand the structure of the market and the prevailing competition in the industry, a thorough regional and competitive analysis of the High-Speed Engine Market is covered in the report. The competitive landscape includes key players in the market along with new entrants. Regional analysis of the market is covered at global, regional, and country levels for understanding the market penetration, dominant players, and growth strategies used by them.

The bottom-up approach was used to estimate the global and regional High-Speed Engine Market size. The main research methodology used by the Maximize Market Research team is data triangulation which involves data mining , analysis of the impact of data variables on the High-Speed Engine Market, and primary (industry expert) validation. The report includes extensive use of secondary sources directories and databases such as Bloomberg, Hoovers, Statista and other government associations. The company websites and private websites have also been used to identify and collect information useful for the technical, market-oriented and commercial study of the High-Speed Engine Market. To provide strengths, weaknesses, opportunities, and threats in the High-Speed Engine Market, a SWOT analysis was used. PESTLE was employed to understand the potential impact of the micro-economic and macro-economic factors affecting the High-Speed Engine Market.

High-Speed Engine Market Overview

High-Speed Engine engines are typically used in high-performance vehicles, including sports cars, supercars, and race cars. They are designed to deliver exceptional power, torque, and acceleration, enabling the vehicles to achieve top speeds. Continuous advancements in engine technology contribute to the growth of the high-speed engine market.

Get a Sample Copy of the Report: https://www.maximizemarketresearch.com/request-sample/188030

High-Speed Engine Market Dynamics

Advancements in engine technology are crucial for the high-speed engine market, playing a pivotal role in enhancing engine performance, efficiency, and reliability. Manufacturers are continuously innovating to improve these aspects by integrating technologies such as direct injection, turbocharging, variable valve timing, and lightweight materials into high-speed engines. These advancements result in increased power output, responsiveness, and fuel efficiency, fostering competition among manufacturers and driving the development of more powerful and efficient high-speed engines.

The automotive industry is currently undergoing a notable transition towards electric and hybrid powertrains. This shift presents both challenges and opportunities for the high-speed engine market. The increasing demand for electric vehicles (EVs) and hybrid vehicles has significantly influenced the market dynamics. In this context, Ferrari holds a prominent position in the high-speed engine market. The company is renowned for its exceptional V8 and V12 engines, which power its sports cars and supercars, solidifying its presence in the industry.

High-Speed Engine Market Regional Insights

North America is expected to be the leading revenue contributor in the High-Speed Engine market during the forecast period. The presence of a well-established industrial sector, technological advancements, and a strong focus on energy efficiency and emissions regulations drive the demand for high-speed engines. The North American high-speed engine market is highly competitive with the presence of both domestic and international manufacturers. Prominent manufacturers in the region include Cummins Inc., Caterpillar Inc., and MTU America among others. These companies offer a wide range of high-speed engines with varying power outputs and applications catering to the diverse needs of industries in North America.

Get Customization on this Report for Specific Research Solutions: https://www.maximizemarketresearch.com/request-customization/188030

High-Speed Engine Market Segmentation

By Speed

By Power Output

High-Speed Engine Market's Key Competitors include:

Get the Sample PDF of the Report: https://www.maximizemarketresearch.com/request-sample/188030

Key Offerings:

Key questions answered in the High-Speed Engine Market are:

Maximize Market Research is leading research firm, has also published the following reports:

Automotive Engineering Services Market - The market size is expected to reach USD 303.23 Bn by 2029 at a CAGR of 8.9 percent during the forecast period. The consistently rising consumer trust in engineering services and the significant RD investments made by the automobile industry .

Aircraft Engines Market - Market size was valued at US$ 84.96 Bn and expected to reach US$ 137.47 Bn by 2029, at a CAGR of 6.2% throughout the forecast period.

Heavy Duty Automotive Aftermarket Market - The total Market size is expected to reach USD 105.38 Billion by 2029 at a CAGR of 5.2 percent during the forecast period. The growing popularity of e-commerce channels is driving the growth of the heavy-duty automotive aftermarket market.

Automotive Suspension System Market - The total market size is expected to reach USD 95.94 Bn. by 2029 at a CAGR of 6 percent during the forecast period. The market is expected to be driven by Government and automaker initiatives to introduce commercial electric vehicles.

Automotive Data Cable Market - The market size is expected to reach USD 16.48 Billion by 2029 at a CAGR of 11.5 percent during the forecast period. The rise of electric vehicles (EVs) and autonomous vehicles (AVs) is a major driver impacting the automotive data cable market.

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

Read the original:

High-Speed Engine Market to reach USD 29.9 billion by 2029 at a ... - InvestorsObserver

Read More..

Energy Web Launches Certification for Sustainable Bitcoin Mining – GlobeNewswire

ZUG, Switzerland, May 24, 2023 (GLOBE NEWSWIRE) -- Energy Web, an independent non-profit that develops open-source software for clean energy solutions, today announced the launch of Green Proofs for Bitcoin (GP4BTC), a first-of-its kind initiative to establish an independent, standardized energy measurement system for the Bitcoin mining industry.

GP4BTC will provide transparency into the decarbonization efforts of Bitcoin miners and hosting companies, supporting the industry on its journey to net-zero. As part of the solution, certifications will be issued to Bitcoin miners based on their clean energy use and contributions to grid stability via demand response. By delivering verifiable metrics that are consistent across companies and geographies, GP4BTC will provide recognition and reputational benefit for companies mining sustainably, as well as improved access to institutional finance and other returns on their investments into sustainability practices.

Speaking on the launch of the certification initiative, Amy Westervelt, Senior Delivery Lead and head of the GP4BTC initiative at Energy Web, said Today Bitcoin is scrutinized for its electricity consumption and associated climate impact. While leading miners are pursuing strategies to reduce their carbon footprints, the industry lacks a unifying definition of sustainable mining, as well as a shared framework for assessing and verifying miners sustainability practices. Green Proofs for Bitcoin seeks to provide this.

Launched with five certified miners, the GP4BTC certification platform and registry assesses miners via a Clean Energy Score and a Grid Impact Score, each of which are calculated based on operational information including location and energy consumption data. Together, these scores reflect miners procurement of renewable electricity, siting operations in regions with low grid carbon intensity, and their contributions to grid stability through demand flexibility.

Developed in partnership with over 35 miners, NGOs, grid operators, and other energy and crypto market participants, this approach to scoring is aligned with best practices for sustainability leadership in other industries, and to approaches to corporate ESG reporting in the financial sector and beyond.

Until now, efforts to standardize clean energy procurement practices and drive collective action across the Bitcoin mining sector have been siloed and inconsistent, added Westervelt. While other electricity-intensive industries have benefited from custom decarbonization roadmaps, Bitcoin has largely been ignored, creating a negative feedback loop where climate-conscious miners are left to forge their own paths. Our goal is to create a virtuous cycle where clean mining is easier to define, pursue, and monetizeso that it eventually becomes the status quo.

For miners, GP4BTC offers a solution for miners to provide evidence of clean energy practices. Using Energy Webs privacy-first Green Proofs technology, miners retain full ownership and control of their data. For Bitcoin users and institutions, GP4BTC provides a one-stop-shop for discovering and validating miners' sustainability credentials so they can make data-driven decisions regarding commercial strategy and policy. At launch, certified miners and data centers include Argo Blockchain, Cowa, DMG Blockchain Solutions, Hive Blockchain Technologies, and Gryphon Digital Mining.

DMGs CEO,SheldonBennett, commented, We are pleased to be included among the initial Green Proofs for Bitcoin miner participants. We believe Energy Webs launch of Green Proofs for Bitcoin represents a real first step towards recognizing a broad swath of industry participants for powering their data center equipment utilizing primarily carbon neutral energy sources.

This initiative will settle the basis for long term sustainability within the Bitcoin mining industry. We are proud to contribute to the growth of the ecosystem and to have the ability to certify our commitment towards sustainability, said Fiorenzo Manganiello, co-founder of Cowa.

Decarbonization represents one of the main priorities for the sector, and by providing standardized and verifiable metrics, as well as acknowledging best practices with certifications, initiatives such as Energy Webs Green Proofs for Bitcoin serve a fundamental role in driving industry standards. At Argo, sustainable mining has been at the core of our business model and growth strategy ever since our foundation. We are proud of our GP4BTC certification, and we look forward to contributing to the impact and success of this exciting initiative,said Seif El-Bakly, Interim CEO at Argo Blockchain.

President and CEO of Hive Blockchain Technologies Aydin Kilic commented, In our commitment to be green energy focusedwhich has been our mandate since HIVE went public back in 2017 as the first publicly traded crypto minerwe are glad to see the industry embracing this strategy, and advocates like Energy Web helping to validate and certify the renewable aspects of crypto miners. This makes our industry stronger. We hope that the public, along with policy makers and utility companies, realize that a large contingent of crypto miners are utilizing renewable energy.

Gryphon Digital Minings CEO Rob Chang urges the Bitcoin mining industry to start providing concrete evidence of sustainable mining practices. We need to move past pandering press releases and start offering tangible, coordinated, third-party certifications that confirm clean energy use, Chang emphasized. We believe in GP4BTCs mission and proudly announce that Gryphon is one of the first recipients of its certification. As Bitcoin mining continues to grow, it is critical to prioritize sustainable practices and hold the industry accountable for its impact on the environment.

Energy Web is keen to work with any Bitcoin miner or other party interested in using Green Proofs for Bitcoin. Miners and data centers can learn more about the solution and apply for certification directly at http://www.GP4BTC.org or by contacting gp4btc@energyweb.org.

About Energy Web

Energy Web is a global non-profit accelerating the clean energy transition by developing open-source technology solutions for energy systems. Our enterprise-grade solutions improve coordination across complex energy markets, unlocking the full potential of clean, distributed energy resources for businesses, grid operators, and customers. Our solutions for enterprise asset management, data exchange, and Green Proofs, our tool for registering and tracking low-carbon products, are underpinned by the Energy Web Chain, the worlds first public blockchain tailored to the energy sector. The Energy Web ecosystem comprises leading utilities, renewable energy developers, grid operators, corporate energy buyers, automotive, IoT, telecommunications leaders, and more. More information on Energy Web can be found atwww.energyweb.orgor follow us on Twitter@EnergyWebX

Media contact

Daniyal AjdadiEnergy Webdaniyal.ajdadi@energyweb.org

Gavin CahillSillionGavin.cahill@sillion.co.uk+44 20 3858 7800

Continued here:

Energy Web Launches Certification for Sustainable Bitcoin Mining - GlobeNewswire

Read More..

Time-series analysis of satellite imagery for detecting vegetation … – Nature.com

Regional context

Indonesia (officially the Republic of Indonesia) is the largest archipelago country (over 17,000 islands) and the 14th largest country by area (about 2 million km2) in the world 19. The archipelago covers tropical rainforest, tropical monsoon, and tropical savanna climates, where there are more than 300 ethnic groups 19. Indonesia consists of 38 provinces, and the governance system is decentralized since the end of the twentieth century 19,20. In Indonesia, regencies (kabupaten) and representative cities (kota) are positioned at the same administrative level (level 2); the average size of regencies/cities is 3622 km2 (ranging from 10 to 44,013 km2). Regencies/cities are administratively separated by geographic conditions and historical (social, cultural, and political) backgrounds, with each regency/city having homogeneous environmental conditions and a socioeconomic status. 16.

The main drivers of the rapid deforestation in Indonesia were population growth and economic expansion, including the illegal clearance of forests 21,22. Indonesias economy has grown by>5% per year on average since 2000 until the Covid-19 pandemic; GDP PPP (international dollars) increased about three times from 1 Trillion USD in 2000 to 3.33 Trillion USD in 2019 23. Additionally, its population has increased by 1.14% annually, leading to an approximately 30% growth during this period (i.e., from 211 Million in 2000 to 273 Million in 2020), making it the most populous and prosperous country in Southeast Asia 19. Indonesia is also one of the largest emitters of greenhouse gases (GHG) 24.

In contrast, the Indonesian government is committed to unconditionally reduce its GHG emission by 29% and up to 41% if international assistance for finance, technology transfer, and capacity building are provided25. The land-use and energy sectors are to minimize the national GHG emission. Therefore, Indonesia first introduced moratorium on new forest clearance in 2011 26 and made it permanent in 2019 3. This moratorium mainly targeted Kalimantan, Sumatra, and Papua (New Guinea), which had been center of deforestation in the beginning of 2000s 3,27.

Meanwhile, agriculture has expanded in this century, with the primary export goods (e.g., oil palm and rubber plantations) coming from Sumatra and Kalimantan 5. Conversely, since the turn of the century, sustainable forestry policies in Java have caused a surge in the forestation of local smallholders 6. There are indications that forests on Java Island are recovering 7,8. Due to improved forestry policies and reforestation activities, the deforestation rate has decreased since 2011 9. Deforestation has been reported from all over Indonesia, but the causes of deforestation were different from one region to another because of geographic conditions and socioeconomic statuses 28.

Many studies have demonstrated that the NDVI is related to the leaf area, green biomass, percent green cover, and a fraction of absorbed photosynthetically active radiation (fAPAR) 18,29,30; moreover, NDVI is a global-based vegetation index. We utilized the product of NASA's MODIS Terra Program version 6.1. This product provides data at 16-day intervals (i.e., composite data for a 16-day period derived from images that are acquired almost every day) at 250m spatial resolution after correction for atmospheric effects (aerosols and gases) and sensor degradation, angular consideration, and minimization of the influence of daily cloud covers for consistent spatial and temporal comparisons of vegetation 17,18. The NDVI runs from1 to+1 (acceptable range for the NDVI of the MODIS: from0.2 to+1) and is determined from the visible and near-infrared light reflected by the quantity (biomass) and/or composition of vegetation.

The information used was from LP DAAC, a part of NASAs Earth Observing System Data and Information System run in cooperation between the US Geological Survey and NASA. We utilized the shapefile of Administrative Level 2 in April 2020 created by the Indonesian Bureau of Statistics (BPS). This was made available through the Humanitarian Data Exchange program (HDX) of the United Nations Office for Coordination of Humanitarian Affairs (OCHA) (https://data.humdata.org/) 31. The Administrative Level 2 consisted of 93 cities (kota), five administrative cities (kota administrasi), 415 regencies (kabupaten), and one administrative regency (kabupaten administrasi) (Supplementary Table 1). Each MOD13Q1 picture was dissected for the Administrative Level 2 and pixel reliability (1: no data; 0: excellent data; 1: poor data; 2: snow/ice; and 3: cloud). The coastal regions, where the pixels had recorded water cover, experienced the pixel reliability of MOD13Q1 with1 (no data). The NDVI was unreliable when the pixels were classified as level 2 (snow/ice). No NDVI was available for the pixels covered in clouds (pixel reliability=3). These cases were disregarded from further analysis. Hence, the average NDVI was determined for regions in each regency/city at each time point with a pixel reliability range of 0 or 1. Seribu Islands was the sole administrative regency, which was omitted from the studies because it was composed of a number of tiny islands, and all pixels covering it had some sea in them. Accordingly, further evaluations were conducted for 513 regencies and cities throughout a 20-year span (i.e., every 16days; 460 time points). We downloaded a total of 5520 pictures since 12 MOD13Q1 images at each time point cover the whole Indonesia.

We split the NDVI changes in the MOD13Q1 data into trends, seasonal changes, and residuals using a stochasticlevel and deterministic seasonal state space model (SSM). We performed time-series studies based on SSM 32 using two steps 16: (1) the NDVI data were averaged for each geographic unit (regency or city); and (2) stochasticlevel and deterministic seasonal models were used. The time-series change in this model was divided into trends, cycles, and residuals while excluding noises. The slopes and the levels were determined by a stochastic process, seasonal changes (annual cycle), and irregular changes with interporation of missing datasmoothed by the Kalman filter. The maximum likelihood estimation was made for the following equations:

$${y}_{t}={mu }_{t}+ {gamma }_{t}+ {varepsilon }_{t}, {varepsilon }_{t}sim mathrm{NID} left(0, {sigma }_{varepsilon }^{2}right)$$

$${mu }_{t+1}={mu }_{t}+{xi }_{t}, { xi }_{t}sim mathrm{NID}(0,{sigma }_{xi }^{2})$$

$${gamma }_{1, t+1}= {-gamma }_{1, t} {-gamma }_{2, t}dots {-gamma }_{22, t}$$

$${gamma }_{2, t+1}= {gamma }_{1, t}$$

$${gamma }_{22, t+1}= {gamma }_{21, t}$$

for t=1, n, where ({y}_{t}) is the observation (NDVI) at time t; ({mu }_{t}) is the unobserved level at time t; ({gamma }_{t}= {gamma }_{1, t}) denotes the seasonal component; ({varepsilon }_{t}) is the observation disturbance term at time t; and ({xi }_{t}) is called the level disturbance term at time t. The level ({mu }_{t}) was allowed to vary over time in the stochasticlevel and deterministic seasonal model. The seasonal changes, trends, and residuals are represented by , , and , respectively. R Software version 4.1.2 with dlm package was used for the analysis 33.

The USGS Earth Resources Observation and Science Center and the Climate Hazard Center of the University of California in Santa Barbara developed climate hazards group infrared precipitation with station (CHIRPS) v2p0, which provide data on rainfall estimates from rain gauge and satellite observations and is available for the entire world, including areas with sparse surface data 34. CHIRPS provide moderate resolution (0.05) gridded precipitation information. We obtained the CHIRPS monthly data for Indonesia from 2001 to 2020 and masked them at the administrative 1 (province) level (data compiled by Indonesian Statistical Office and available at OCHA HDX) because the resolution of CHIRPS is coarser than that of MOD13Q1. Using the same SSM model with the NDVI data, we decomposed the precipitation data into trends and seasonal cycles while excluding noises.Furthermore, the monthly average precipitation for each province over the course of 20 years was calculated from this dataset (rainfall level).

We used the population density data and the GDP at the regency/city level issued by the Ministry of Internal Affairs of the Republic of Indonesia 35. However, we were unable to study the time-series changes in socioeconomic development over a 20-year period because the administrative units increased from 397 in 2001 to 514 in 2020 due to the administrative reforms brought about by population and economic growth. The data used in this study were (1) the population densities in 2020, (2) GDP proportion from agriculture, forestry, and fisheries (as an indicator of the land-use intensities for agricultural and forestry development), and (3) GDP proportion from financial and insurance activities (as urban development). These indicators reflected the socioeconomic conditions of Indonesia, where the inequality in development among regions is very high. The total GDP was not used because it was closely correlated with the three variables used in this work.

After obtaining results of time-series analyses, we also conducted field observations in 2022 in North Sumatra, the Special Capital Region of Jakarta, Central Java, the Special Region of Yogyakarta, and South Sulawesi. We visited regencies and cities showing very consistent increases or decreases in NDVI, rapid loss or growth in NDVI, or dramatically irregular changes (e.g., disasters); furthermore, we observed the reasons behind such changes. In addition, we observed vegetation changes between 2014 and 2017 in parts of East Nusa Tenggara 16.

We defined the Pearsons correlation coefficients of the NDVI trend (after noise and cycle elimination) with time (every 16day) as the NDVI consistent trend. Furthermore, we defined the NDVI variation between 2001 and 2020 (in other words, differences in the average NDVI between 2020 and 2001) as the NDVI value change. Pettitts Test was used to identify the trend change-points 36. For precipitation, the correlation of the trend with time and the difference in the NDVI between 2020 and 2001 were also computed (CHIPRS data).

We used classification and regression trees (CART), a decision tree model data mining method that explains how a target variable is predicted by other variables based on categorizing samples into binary classes 37; exponential was used for NDVI consistent trend. The decision tree regression analysis was conducted to explore factors contributing to the consistent trend of the NDVI and the NDVI value changes. To minimize overfitting, the complexity parameter (cp) value for the biggest cross-validated prediction error of less than the minimal relative error plus the cross-validated prediction standard deviation was used as the cut-off (pruning tree model). To reflect the differences in agricultural intensities and main tree crops, all regencies and cities were classified into Sumatra, Western Kalimantan, Eastern Kalimantan, Western Java, Eastern Java, Nusa Tenggara, Northern Sulawesi, Southern Sulawesi, Maluku, and Papua (Supplementary Fig.1). QGIS 3.22.4 Biaowiea (QGIS Development Team) (https://qgis.org/) was utilized for the map creation.

See original here:

Time-series analysis of satellite imagery for detecting vegetation ... - Nature.com

Read More..

Effects of crypto mining on Texas power grid – Science Daily

Cryptocurrency transactions may be costing more than just transaction fees. The electricity used for these transactions is more than what some countries, like Argentina and Australia, use in an entire year.

Published estimates of the total global electricity usage for cryptocurrency assets such as Bitcoin are between 120 and 240 billion kilowatt-hours per year, according to the White House Office of Science and Technology. The United States leads these numbers.

Finance and business experts have debated the ramifications of cryptocurrency and mining, but little focus has been placed on the impact of these activities on the power grid and energy consumption until now.

Dr. Le Xie, professor in the Department of Electrical and Computer Engineering at Texas A&M University and associate director of the Texas A&M Energy Institute, is at the center of this effort to understand how cryptocurrency mining impacts the power grid and how to use this information for further research, education and policymaking.

Even as technology improves, allowing users to do more while using less energy, cryptocurrency mining is computationally intensive, and the measure of power on the blockchain network, or hash rate, is still rising.

During the summer heatwave of 2022 in Texas, Xie and his collaborators found an 18% reduction in worldwide cryptocurrency mining. The decrease was linked to the stress on the Texas power grid, which led the Electric Reliability Council of Texas to issue a request for energy consumers to conserve energy.

"There seems to be a very strong negative correlation between the mining demand and the systemwide total net demand," Xie said. "When the grid is stressed, crypto miners are shutting down, which demonstrates a potential for demand flexibility."

For example, when the grid is under stress due to a heat wave, homeowners consume more air conditioning and, in turn, more power. Compared to these types of firm demand, the cryptocurrency mining demand shows good potential for providing flexibilities during times when peak energy usage in other areas is vital.

Their findings are published in the March issue of the Institute of Electrical and Electronics Engineers Transactions on Energy Markets, Policy and Regulation and the June issue of Advances in Applied Energy.

In these papers, Xie and his students provide data to allow a first step into studying these mining facilities' carbon footprint and the impact on grid reliability and wholesale electricity prices. Ultimately, location matters, and many factors play a part in this complex discussion.

"Increasing firm demand will invariably result in a decrease in grid reliability," Xie said. "However, with crypto mining modeled as a flexible load that can be turned off during the stressed moments, it can be a positive contributor to the grid reliability."

Xie is the lead for the Blockchain and Energy Research Consortium at Texas A&M, which is a collaboration between a team of Texas A&M researchers and industry partners. Their mission is to provide an unbiased multidisciplinary resource to communicate recent developments in the intersection of blockchain and energy.

Although cryptocurrency is still in its infancy, one thing is certain -- increasing energy usage will be critical as this emerging industry for transactions continues to advance. With that in mind, Xie is continuing his research to find a solution that helps take advantage of blockchain-enabled technologies while ensuring a sustainable grid operation.

See the original post:

Effects of crypto mining on Texas power grid - Science Daily

Read More..

Right course for ‘sexiest job of the 21st century’ – The Manila Times

Data Science graduates have endless opportunities as long as data abounds in the digital universe. PHOTOS FROM FACEBOOK/MAPUA MATHEMATICS DEPARTMENT

DATA science has been called the "sexiest job of the 21st century," and experts deem it will continue to be sexy well into the future.

Since data is practically used everywhere, it has become one of the most prized commodities today, and data science, one of the fastest-growing fields. Large and well-known companies use data to develop business strategies, create or improve products, understand customers, finalize transactions, and gain profit.

Dr. Mylen Aala-Capuno, chairman of the Mapua University Department of Mathematics, said with data science, organizations gain relevant insights to formulate accurate decisions and corresponding business actions. This wealth of information allows them to optimize their operations and services.

"Data science is an interdisciplinary field for the study of data to extract meaningful insights that will lead to effective decisions. It combines the principles and techniques of mathematics, statistics, and computer science," she said in a press statement.

Many people may not be aware, but data science is not exclusive to tech and finance giants; it is widely used across various industries. In fact, ordinary Filipinos experience its application and conveniences in everyday life.

Whether browsing for content on video or audio streaming sites, searching for new business connections on professional networks, buying items online or looking up lost long friends on social media, the breadth and potential of data science are limitless.

"With data growing at an astronomical rate, the demand for data scientists is also growing, and forecasts show that this demand will grow to 36 percent in the next 10 to 15 years. Being a data scientist is a very lucrative job and is usually in the top 3 highest-paying jobs today," Aala-Capuno added in the statement.

Data science professor Edgar Adina added that the career options of data science graduates are much like the data they explore and analyze boundless.

"Data Science graduates have endless opportunities as long as data abounds in the digital universe. This includes data manager, data architect, data engineer, business analyst, machine learning scientist and engineer, statistician, data modeler, marketing analyst, fraud investigator, business intelligence developer, including a position in the academe," Adina said.

Although the field seems highly technical, Aala-Capuno said anyone passionate about learning could pursue data science since the analytical skills highly valued in the specialization could be learned and developed. Nonetheless, having basic knowledge of mathematics, statistics, and computer programming is also a good foundation for aspiring data science professionals.

While superior mathematical skills could be an advantage, these are not a requirement since the needed competencies will be taught and honed during the program, the university said.

Mapua University said it has been raising Filipino youth to become proficient in the field as its data science program is known for its highly personalized mentorship that empowers students to learn beyond theories.

The three-year program exposes students to numerous training sessions with real-life data using industry-accepted programming languages like Python, R, and software Power BI and MatLab. All courses are technology-integrated so that students can have multiple learning platforms and modalities.

Adina said students will master essential skills like data management, data visualization, data mining and modeling, machine learning, and deep learning, including artificial intelligence and natural language processing. They will also have apprenticeship programs with Mapua's industry partners and job placement opportunities after graduation.

In today's fast-changing world, a career in data science is not only lucrative; it is future-ready. The field's unlimited opportunities and relevance to everyday life assure graduates of professional growth and stability decades after they receive their degrees.

See the article here:

Right course for 'sexiest job of the 21st century' - The Manila Times

Read More..

Q1 Earnings Season Highlights: Top 10 Winners and Losers … – Investing.com

Despite concerns over a possible economic slowdown or recession, Wall Street's first-quarter earnings season has offered a glimmer of relief as the results mostly revealed that things may not be as dire as initially feared.

With over 95% of companies having reported as of Wednesday morning, the numbers are in, and they tell a story of resilience. Impressively, 78% of these companies have surpassed earnings per share estimates, while an equally impressive 76% have exceeded revenue expectations.

This strong performance has narrowed the year-over-year decline in Q1 earnings to just -2.2%, a significantly smaller drop compared to the gloomy -6.7% projected on March 31.

As the dust settles, its time to look back and identify which companies have managed to weather the storm and which have struggled amid the challenging environment.

In this article, I will delve into the five notable winners and five notable losers of Wall Street's first-quarter earnings season.

Using the InvestingPro stock screener, I also examined the potential upside and downside for each name based on their Investing Pro Fair Value models.

1. Meta Platforms

Meta Platforms (NASDAQ:) reported surprisingly strong first quarter on April 26 in which it delivered an unexpected increase in revenue after three straight quarterly declines. The Facebook parent companys forecast for the second quarter also exceeded expectations.

Source: InvestingPro

Shares of the Mark Zuckerberg-led company have rallied along with the tech-heavy and are up a whopping 105% year-to-date, making META one of the best-performing stocks of the year.

It should be noted even after shares more than doubled since the start of the year, META remains extremely undervalued according to the quantitative models in InvestingPro, and could see an increase of 17.9% from Tuesdays closing price of $246.74.

Source: InvestingPro

Palantir (NYSE:) released first-quarter that blew past analysts estimates on both the top and bottom lines on May 8. CEO Alex Karp said the data-analytics software company expects to remain profitable each quarter through the end of the year.

Source: InvestingPro

Shares of the data mining specialist have bounced back this year and are up 96.9% thus far in 2023. Notwithstanding the recent turnaround, the stock remains approximately 70% below its January 2021 all-time high of $45.

Palantirs stock appears to be overvalued according to a number of valuation models on InvestingPro. As of this writing, the average Fair Value for PLTR stands at $9.25, a potential downside of nearly 27% from Tuesdays closing price of $12.64.

Source: InvestingPro

3. Uber Technologies

Uber Technologies (NYSE:) reported first-quarter on May 2 that easily topped analysts expectations for earnings and revenue, with sales rising 29% year-over-year. In a prepared statement, CEO Dara Khosrowshahi said Uber is off to a strong start for the year.

Source: InvestingPro

Shares of the mobility-as-a-service specialist have run about 56% higher so far in 2023, far outpacing the comparable returns of major industry peer, Lyft (NASDAQ:), whose stock is down nearly 26% over the same timeframe.

Even with the recent upswing, UBER stock could see an increase of 11.3%, according to InvestingPro, bringing it closer to its Fair Value of $43.02 per share.

Source: InvestingPro

4. DraftKings

DraftKings (NASDAQ:) delivered first-quarter and revenue that soared past analyst forecasts on May 4. Revenue for the quarter surged 84% from a year ago to $769.7 million, driven primarily by its efficient acquisition of new customers.

Source: InvestingPro

DKNG shares are up 113% year-to-date as investors turned increasingly bullish on the online gambling specialists future prospects.

The average Fair Value for DraftKings stock on InvestingPro according to a number of valuation models - including P/E, and P/S multiples - stands at $28.64, a potential upside of 18% from the current market value.

Source: InvestingPro

5. Chipotle Mexican Grill

Chipotle Mexican Grill (NYSE:) reported better-than-expected first quarter and revenue on April 25. Same-store sales rose 10.9%, blowing past consensus estimates of 8.6%. Looking ahead, Chipotle anticipated same-store sales growth in the mid-to-high single digits for the rest of the year.

Source: InvestingPro

Year-to-date, shares of the Newport Beach, California-based fast-casual Mexican chain have gained 47.5%, easily outpacing the S&P 500s roughly 8% increase over the same timeframe.

With a Fair Value of $1,971.56 as per the quantitative models in InvestingPro, CMG appears to be slightly overvalued at current levels, with a potential downside of about 4%.

Source: InvestingPro

Looking for more actionable trade ideas to navigate the current market volatility? The InvestingPro tool helps you easily identify winning stocks at any given time.

Start your 7-day free trial to unlock must-have insights and data!

1. Tesla

Tesla (NASDAQ:) reported underwhelming first quarter on April 19.

The Elon Musk-led EV pioneer said adjusted net income fell 24% to $2.51 billion, or $0.85 a share, from $3.32 billion, or $0.95 a share, a year ago. On the earnings call, Musk emphasized an uncertain macroeconomic environment that could impact peoples car-shopping plans.

Source: InvestingPro

Teslas stock has rallied 50.8% year-to-date. Notwithstanding the recent turnaround, the stock remains well below its November 2021 all-time high of $414.50.

Despite numerous near-term headwinds, InvestingPro currently has a Fair Value price target of about $209 for TSLA shares, implying 12.6% upside ahead.

Source: InvestingPro

2. Snap

Snap (NYSE:) reported on April 27 that badly missed analysts revenue expectations amid a weak performance in its core digital advertising business. Although the social media company failed to provide official guidance for the second quarter, it warned that its internal forecast for revenue would be $1.04 billion, representing a 6% year-over-year decline.

Source: InvestingPro

As could be expected, SNAP stock has trailed the year-to-date performance of some of its most notable peers, rising 9.5% so far in 2023.

Looking ahead, the average Fair Value price for the shares on InvestingPro stands at $10.54, a potential upside of 7.5% from Tuesdays closing price of $9.80.

Source: InvestingPro

3. Disney

Walt Disney (NYSE:) posted a weaker-than-expected profit for its on May 10 and reported a shock decline of four million subscribers in its Disney+ streaming service as consumers become more cost-conscious about their media spending habits.

Source: InvestingPro

The entertainment companys stock has underperformed the broader market by a wide margin so far in 2023, with DIS shares up just 3.4% year-to-date.

According to the InvestingPro model, Disneys stock is still very undervalued and could see an increase of 30.2% from current levels, bringing it closer to its fair value of $116.95 per share.

Source: InvestingPro

4. AT&T

AT&T (NYSE:) reported disappointing first-quarter on April 20, revealing a sharp slowdown in both profit and sales growth amid the uncertain economic climate. Beyond the top and bottom-line figures, the telecommunications giant suffered an unexpected decline in subscriber growth for its postpaid phone plans.

Source: InvestingPro

Year-to-date, T is down 12.5%. Shares have sold off in recent weeks, with AT&Ts stock languishing near its lowest level since October 2022.

At a current price point of roughly $16 per share, T comes at a substantial discount according to the quantitative models in InvestingPro, which point to a Fair Value upside of 23.9% in the stock over the next 12 months.

Source: InvestingPro

5. Tyson Foods

Tyson Foods (NYSE:) posted a surprise loss for its fiscal on May 8, while revenue also came in below forecasts due to an underwhelming performance across its chicken business. The dismal results prompted the food production company to cut its revenue outlook for the year amid slowing consumer demand.

Source: InvestingPro

Shares of the meat and poultry products producer have tumbled 17% so far this year, with TSN stock recently touching a three-year low.

In spite of its massive downtrend, the average Fair Value for TSN stock on InvestingPro implies nearly 34% upside from the current market value over the next 12 months.

Source: InvestingPro

Sign Up for a Free Week Now!

***

Disclosure: At the time of writing, I am short on the S&P 500 and Nasdaq 100 via the ProShares Short S&P 500 ETF (SH) and ProShares Short QQQ ETF (PSQ). I regularly rebalance my portfolio of individual stocks and ETFs based on ongoing risk assessment of both the macroeconomic environment and companies' financials.

The views discussed in this article are solely the opinion of the author and should not be taken as investment advice.

Read this article:

Q1 Earnings Season Highlights: Top 10 Winners and Losers ... - Investing.com

Read More..