Blackboxstocks Inc. (NASDAQ: BLBX), (“Blackbox” or the
“Company”), a financial technology and social media hybrid platform
offering real-time proprietary analytics for stock and options
traders of all levels, announced today that it has entered into a
partnership with Boosted.ai, a leading provider of AI-powered
investment solutions, to bring cutting-edge investment technology
to retail investors.
Blackbox will leverage the advanced machine learning algorithms
from Boosted.ai in conjunction with the predictive analytics of the
Blackbox platform. This combined functionality will incorporate
real time options and stock data, predictive analytics and machine
learning, to provide actionable alerts for both day trading and
long term investment strategies.
“Integrating the cutting-edge technology of Boosted.ai into the
Blackbox platform is a significant step forward in our ongoing
mission to provide our users with the best trading information
possible. The power of their advanced machine learning coupled with
Blackbox’s predictive analytics will provide retail investors with
sophisticated investment tools and strategies that were previously
only available to institutional investors,” said Brandon Smith, CTO
of Blackboxstocks.
Gust Kepler, CEO of Blackboxstocks, added, “I am very excited
about this new opportunity to augment our platform with this
innovative new AI technology. After implementing this initial
feature from Boosted.ai, we plan to collaborate further using the
wealth of proprietary market data we have aggregated over the last
four years.”
About Boosted.ai
Boosted.ai is an artificial intelligence company that enhances
portfolio management outcomes for the global financial industry
through distributed machine learning. Co-founded by Joshua Pantony,
Jon Dorando and Nicholas Abe in 2017, the company and its
proprietary web-based platform, Boosted Insights, bring advanced
quantitative investing techniques to portfolio managers, without
requiring any coding or data science background. Headquartered in
Toronto and New York City, Boosted.ai is backed by Portage
Ventures, Ten Coves Capital, Spark Capital and other leading
investors. Learn more at boosted.ai and follow us on LinkedIn.
About Blackboxstocks, Inc.
Blackboxstocks, Inc. is a financial technology and social media
hybrid platform offering real-time proprietary analytics and news
for stock and options traders of all levels. Our web-based software
employs "predictive technology" enhanced by artificial intelligence
to find volatility and unusual market activity that may result in
the rapid change in the price of a stock or option. Blackbox
continuously scans the NASDAQ, New York Stock Exchange, CBOE, and
all other options markets, analyzing over 10,000 stocks and up to
1,500,000 options contracts multiple times per second. We provide
our users with a fully interactive social media platform that is
integrated into our dashboard, enabling our users to exchange
information and ideas quickly and efficiently through a common
network. We recently introduced a live audio/screenshare feature
that allows our members to broadcast on their own channels to share
trade strategies and market insight within the Blackbox community.
Blackbox is a SaaS company with a growing base of users that spans
42 countries; current subscription fees are $99.97 per month or
$959.00 annually.
For more information, go to: www.blackboxstocks.com.
Safe Harbor Clause and Forward-Looking Statements
This press release includes forward-looking statements. All
statements other than statements of historical facts contained in
this press release, including statements regarding our future
results of operations and financial position, business strategy and
plans, and our objectives for future operations, are
forward-looking statements. The words “anticipate,” “believe,”
“continue,” “could,” “estimate,” “expect,” “expose,” “intend,”
“may,” “might,” “opportunity,” “plan,” “possible,” “potential,”
“predict,” “project,” “should,” “will,” “would” and similar
expressions that convey uncertainty of future events or outcomes
are intended to identify forward-looking statements, but the
absence of these words does not mean that a statement is not
forward-looking.
The forward-looking statements contained in this press release
are based on our current expectations and beliefs concerning future
developments and their potential effects on us. Future developments
affecting us may not be those that we have anticipated. These
forward-looking statements involve a number of risks, uncertainties
(some of which are beyond our control) and other assumptions that
may cause actual results or performance to be materially different
from those expressed or implied by these forward-looking
statements. These risks and uncertainties include, but are not
limited to, those factors described under the heading “Risk
Factors” in our filings with the Securities and Exchange Commission
(the “SEC”), including our reports on Forms 10-K, 10-Q, 8-K and
other filings that we make with the SEC from time to time. Should
one or more of these risks or uncertainties materialize, or should
any of our assumptions prove incorrect, actual results may vary in
material respects from those projected in these forward-looking
statements. We undertake no obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise, except as may be required under
applicable securities laws. These risks and others described under
“Risk Factors” in our SEC filings may not be exhaustive.
By their nature, forward-looking statements involve risks and
uncertainties because they relate to events and depend on
circumstances that may or may not occur in the future. We caution
you that forward-looking statements are not guarantees of future
performance and that our actual results of operations, financial
condition and liquidity, and developments in the industry in which
we operate may differ materially from those made in or suggested by
the forward-looking statements contained in this press release. In
addition, even if our results or operations, financial condition
and liquidity, and developments in the industry in which we operate
are consistent with the forward-looking statements contained in
this press release, those results or developments may not be
indicative of results or developments in subsequent periods.
Disclosure Information
Blackboxstocks uses and intends to continue to use its Investors
website at www.blackboxstocks.com/company-overview as a means of
disclosing material nonpublic information and for complying with
its disclosure obligations under Regulation FD. Accordingly,
investors should monitor the Company’s Investors website, in
addition to following the Company’s press releases, SEC filings,
public conference calls, presentations and webcasts.
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version on businesswire.com: https://www.businesswire.com/news/home/20230302005854/en/
Investors@blackboxstocks.com
PCG Advisory Stephanie Prince (646) 863-6341
sprince@pcgadvisory.com
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