Market Watch

ORLANDO, Fla. – OxyGo first started selling CPAP devices in 2021, when providers were struggling with inventory due to a major recall and supply chain challenges, then officially launched OxyGo SLEEP in late 2022. The company, which already sells portable oxygen concentrators, used its network to tap into a vendor overseas for CPAP devices that had been cleared by the U.S. Food and Drug Administration under Emergency Use Authorization. “When we found it, we thought, ‘This is a great opportunity for us and for suppliers,’” said Victoria Marquard-Schultz, CEO. “It gave us something to sell and distribute and gave our customers the CPAPs they desperately needed. It was serendipitous, how it worked out.” OxyGo SLEEP includes CPAP devices, travel batteries, sanitizers and accessories, as well as a web-based compliance portal called CLOUD. As a small company in a market with well-established competitors, OxyGo’s strategy is not to compete on price but on service, Marquard-Schultz says. While its initial focus last year was to get CPAP devices into the hands of providers, regardless of the technology, it has since worked closely with providers to further develop the line, particularly CLOUD. OxyGo’s portal, for example, allows providers to segment out branches […]

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A widely followed crypto analyst is tracking where Bitcoin ( BTC ) may head next after its explosive rise above $19,000. Crypto trader Michaël van de Poppe tells his 644,700 Twitter followers that it is still unclear how long BTC’s current rally will last. “All the liquidity has been taken above the highs and that’s why we accelerated. Question is whether we’ll continue rallying towards $20,000-$21,000 or whether we’ll calm down for Bitcoin.” Source: Michaël van de Poppe/Twitter BTC is trading for $19,333 at time of writing, up 15% in the last week. Despite BTC still being down 72% from its November 2021 all-time highs, Van de Poppe still observes what he describes as “bull euphoria” on social media. “Funny though, if you look at social media, it’s bull euphoria. If you watch the chart, you have to zoom out a lot to see the entire chart. Bitcoin is still -$50,000 from 15 months ago.” Despite the positive sentiment, the crypto trader still thinks the majority of the world is bearish on BTC. However, he also thinks this presents traders with a golden opportunity. “Bitcoin might be hated by the majority and the majority might expect new lows and […]

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Xenia Rural Water System is trying to hold onto service territory as the Des Moines metro expands. (Photo via Canva) The expansion of Des Moines’ suburbs and nearby communities has provided a rich opportunity for the Xenia Rural Water District to add new, densely clustered customers. The water utility serves about 10,700 customers in parts of 11 counties west and north of Des Moines. That includes those in sparsely populated areas and, more recently, suburban residents. It’s less costly to provide water to thick residential areas than to isolated farmhouses. But the growth of those cities into Xenia’s service area have prompted territorial disputes and two federal lawsuits. “They just assume that as they grow and expand their borders and annex territory that they get the right to serve those customers with all of their own utilities,” said Royce Hammitt, Xenia’s chief executive. “And in fact, that’s not usually the case.” By state law, rural water utilities are generally precluded from providing service within two miles of cities, unless those cities agree to it. But Xenia has used rural development loans from the U.S. Department of Agriculture — and still owes money on them — to install its service […]

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whyframestudio/iStock via Getty Images I have been a follower and a fan of Ionis (NASDAQ: IONS ) since 04/2018’s Ionis article "Ionis: Cash, Catalysts And More". In 03/2022’s "Ionis: At A Show-Me Crossroads" (" Crossroads "), I reflected on why Ionis had fallen back from its glory days when it had showed promise of trading up to $100 and discussed its then forward prospects . In this article, I update Crossroads based on latest available Ionis developments, including its Q3,2022 Earnings call (the " Call ") and CEO Monia’s presentation at the 01/2023 41st Annual J.P. Morgan Healthcare Conference (the " Presentation "). Ionis’ ALS SOD1 PDUFA is fast approaching. Ionis has long generated healthy royalty revenues from its SPINRAZA (nusinersen) deal with Biogen ( BIIB ). They totaled ~$268 million in 2021 compared to ~$287 million in 2020. Its Q3, 2022 10-Q reported its product revenues from Spinraza, and lesser revenues from WAYLIVRA and TEGSEDI as set out below: seekingalpha.com This off kilter tri-legged stool of product revenues, with SPINRAZA as the workhorse and TEGSEDI and WAYLIVRA as the distant also-rans, has been the case for several years. As described in Crossroads, Ionis has recently been on something […]

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[Gizmodo] “We now have to do the essays in class under timed conditions,” one student told Doha News. As ChatGPT soars in popularity, some schools around the world have banned its use, and Microsoft has considered pouring $10 billion into the chatbots father company, OpenAI. Conversations about the chatbot have taken the internet by storm thanks to its impressive ability to generate stories, poems, coding solutions, and more. The education board of New York City has banned it from schools due to its potential to provide answers and simple solve students’ homework. The largest US school district’s decision to ban access to the ChatGPT website on school computers and networks may have repercussions on other campuses, sending teachers scrambling to come up with effective cheating prevention strategies. Although the free tool has only been available for five weeks, it is already posing difficult questions in Qatar and around the world about the use of AI in education, the tech sector, and a variety of other fields. Back to good ol’ papers Nathenael Gemechu, a student at Northwestern University in Qatar, told Doha News that conversations about ChatGPT have already started as the new semester kicked off. “One of our […]

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SAN DIEGO, Jan. 14, 2023 /PRNewswire/ — The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Southwest Airlines Co. (NYSE: LUV ) publicly traded securities between June 13, 2020 and December 31, 2022, inclusive (the "Class Period") have until March 13, 2023 to seek appointment as lead plaintiff in the Southwest Airlines class action lawsuit. Captioned Teroganesian v. Southwest Airlines Co. , No. 23-cv-00115 (S.D. Tex.), the Southwest Airlines class action lawsuit charges Southwest Airlines and certain of its top executives with violations of the Securities Exchange Act of 1934. If you suffered substantial losses and wish to serve as lead plaintiff of the Southwest Airlines class action lawsuit, please provide your information here: https://www.rgrdlaw.com/cases-southwest-airlines-co-class-action-lawsuit-luv.html You can also contact attorney J.C. Sanchez of Robbins Geller by calling 800/449-4900 or via e-mail at jsanchez@rgrdlaw.com . CASE ALLEGATIONS : Southwest Airlines is a major U.S.-based airline carrier. The Southwest Airlines class action lawsuit alleges that throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) Southwest Airlines continuously downplayed or ignored the serious issues with the technology it used to schedule flights and crews, and how it stood […]

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HDFC Bank, India’s largest private sector bank, is partnering with Microsoft in the next phase of its digital transformation journey and unlocking business value by transforming the application portfolio, modernizing the data landscape and securing the enterprise with Microsoft Cloud. HDFC Bank as a part of its Future Ready strategy is developing in house IPs as well as partnering with several companies including FinTechs’ to co -create technology IPs. HDFC Bank as a part of its Future Ready strategy is developing in house IPs as well as partnering with several companies including FinTechs’ to co -create technology IPs. The bank will leverage Microsoft Azure to consolidate and modernize its enterprise data landscape through a Federated Data Lake to scale its information management capabilities across enterprise reporting, and advanced analytics using artificial intelligence. Built on Microsoft Azure stack, the solution will enable the bank to democratize and monetize its data landscape catering to several business units, spanning multiple systems, reports and processes. The solution powered by its unified architecture, collaborative engineering environment, industry-leading security and ecosystem of AI/ML based deep learning capabilities. Important takeaways for all competitive exams:

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Big technology decisions and their effects at healthcare organizations extend well beyond IT and innovation teams. Cross-department alignment is vital to managing change, implementation and achieving desired outcomes. In this session, join the vice president of treasury and financial systems at Pennsylvania-based Geisinger for a discussion about the importance of a strong partnership between IT and Finance when making long-term technology decisions. You will learn: The strategic role of IT in helping finance and other business leaders achieve their goals Tips to ensure alignment between CIO + CFO and the teams they lead The importance of digital transformation to drive financial sustainability Best practices for finance and IT roles/responsibilities when evaluating or adopting enterprise technology Presenters: I would like to register for/download the following additional webinars/whitepapers: Webinar: Enable your critical clinical supply chain with real-time and reactive visibility On-Demand Webinar: How SSM Health used AI to navigate operational shockwaves with agility On-Demand Webinar: Strategies for Orthopedic Revenue Growth in Your ASC Whitepaper: Innovation in the ED The 3 steps South Shore Hospital took to better manage high-risk patients Whitepaper: Humanizing healthcare: Fighting burnout and bringing joy back to medicine

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Companies focused on digital transformation can side-step the cloud skills shortage by looking within their company to develop existing staff. Cloud computing — the on-demand delivery of IT resources over the internet — is powering an increasing number of experiences today, big and small. For organizations, the cloud is redefining how they can conduct business with unprecedented speed and agility. But there’s just one problem: a massive shortage of cloud-skilled workers to make it all happen. While Gartner predicts global public cloud spending will grow 22% this year to $482 billion, the ongoing surge finds organizations lacking the IT talent to meet their cloud goals. In fact, 85% of organizations report deficits in cloud expertise. If digital transformation (DX) is on your plate, you have a few staffing options. One is to address that need through hiring. But that will cost you, in both higher salary requirements for the shallow pool of skilled cloud talent, and relatedly, through delays to your business objectives. A second option exists, which has a higher return on investment. That is to look within and develop your existing staff. Doing so can help you meet your cloud goals more quickly, and with the added […]

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Davos 2023 Digitization can derive value from data and solve global problems when done properly. Crowdsource Innovation Unprecedented and recent challenges have hindered the world’s ongoing fight against long-standing problems, such as climate change. Digitization and harnessing data can provide solutions to global problems more quickly and effectively than before. Many organizations lack the know-how to create value from disparate pockets of data and a new collaborative and "data first" mentality needs to take hold. The world is at a critical inflexion point. We are in a time of heightened geopolitical, societal, environmental and economic uncertainty. The war in Ukraine upended the world’s fragile economic recovery from the pandemic and has driven up energy prices, which could hinder global efforts to deal with the climate emergency. But as these forces collide to create unique challenges, we have also seen a fundamental shift in the digital world that offers opportunities to solve societal problems and advance human progress. We are in the midst of the transition from a centralized to a decentralized age of digitization, where intelligent and networked devices, machines, buildings and infrastructures generate unprecedented amounts of decentralized data rather than in a central data centre. This data holds […]

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