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BMR

$BMR spiked over 1,195% on teaming up with NVIDIARevolutionizing Video Standards: The Beamr-NVIDIA Partnership In a groundbreaking collaboration, Beamr Imaging ( NASDAQ:BMR ) and NVIDIA ( NASDAQ:NVDA ) are spearheading the transition to the next generation of video standards with their innovative approach to AV1 adoption. Addressing Industry Challenges: The adoption of AV1, a highly efficient video format endorsed by tech giants like Amazon, Google, and Microsoft, has been hindered by complex and costly conversion processes. Existing video libraries, essential for AI, machine learning, and streaming services, are predominantly based on outdated formats like AVC/H.264. This poses significant challenges in terms of compute power, cost, and quality preservation during the transition. Automated Modernization: At the ACM Mile-High-Video 2024 conference, Beamr ( NASDAQ:BMR ) and NVIDIA ( NASDAQ:NVDA ) unveiled their automated solution to this industry-wide challenge. Leveraging NVIDIA's hardware-accelerated AV1 encoding and Beamr's Content-Adaptive-Bitrate technology, the collaboration promises a seamless and cost-effective conversion process. By ensuring optimized bitrate and superior performance, this solution simplifies the transition to AV1 without compromising video quality. Empowering Content Providers: Through their joint efforts, Beamr ( NASDAQ:BMR ) and NVIDIA are democratizing video processing, making it accessible and affordable to content providers of all sizes. Their upcoming video cloud service, set to launch on Amazon's AWS platform, will streamline video processing, further catalyzing the widespread adoption of AV1. Driving Industry Progress: With 53 patents and over a decade of research and development behind them, Beamr ( NASDAQ:BMR ) and NVIDIA are at the forefront of driving industry progress. Their collaboration not only accelerates AV1 adoption but also sets a new standard for video modernization, empowering content creators and enhancing the viewing experience for audiences worldwide. A Vision for the Future: As they prepare to launch their groundbreaking video cloud service, Beamr ( NASDAQ:BMR ) and NVIDIA invite industry stakeholders to join them in shaping the future of video standards. Through continued innovation and collaboration, they aim to unlock new possibilities in video processing and pave the way for a more efficient and immersive digital experience.
NASDAQ:BMRLong
by DEXWireNews
$ES_F Long, possible dead cat bounce?The market has transitioned back into a more mean-rev phase so I dont expect bull rallies to survive for long. Also shorts are likely to be more profitable since trend following indi's have printed bearish. But use this long to capitalize on a dead cat bounce that could happen. Im not sure that it'll go up to close the gap at 4590. Trades: Trade 1 Long 4400, sl 4370, tp 4460, 4470 (close). moderate conviction. im more confident of getting initial negative returns upon entry given the lack of bull divs and exhaustion from indis. but i do have a higher conviction of hitting the tp targets. ~4420 is another bull entry but expect wicks to 4400. Trade 2 Short 4465, sl 4500, tp 4370, 4300, 4200 low conviction, has a high likelihood of getting stopped out. wouldn't recommend it unless there's a severe bear reaction with some volume, which you'd should market in. but place a tight sl. Trade 3 short 4545, sl 4620, tp 4470, 4370. moderate/high conviction, assuming the short term bear trend is intact. this trade expects negative returns once entered but covers the case of the gap being covered.
CME_MINI:ES1!Long
by linebands