Artificial Intelligence Technology Solutions Inc
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Company profile

Artificial Intelligence Technology Solutions Inc. is engaged in the delivery of artificial intelligence (AI) and robotic solutions for operational, security, and monitoring needs. The Company is focused on applying advanced AI-driven technologies, paired with multi-use hardware, and supported by custom software and cloud services, to intelligently automate and integrate a range of high-frequency security, concierge, and operational tasks. It owns and operates three wholly owned subsidiaries, which are Robotic Assistance Devices, Inc. (RAD I), Robotic Assistance Devices Group, Inc. (RAD G) and Robotic Assistance Devices Mobile, Inc. (RAD M). RAD I own the intellectual property related to RADSoC, RAD Mobile SOC, RADGuard, and their core operating architecture. RAD G is focused on the development of advanced software and electronics solutions. RAD M is focused on the development of autonomous mobile devices, both ground-based, and airborne. Its solutions are suited to various industries.

Closing Price
$0.0082
Day's Change
0.0003 (3.82%)
Bid
--
Ask
--
B/A Size
--
Day's High
0.0082
Day's Low
0.0076
Volume
(Light)
Volume:
23,766,630

10-day average volume:
34,361,630
23,766,630

First Solar stock pulls back from 13-year high after J.P. Morgan downgrades, saying 'easy money' has been made

8:22 am ET November 28, 2022 (MarketWatch)
Print

Shares of First Solar Inc. slumped 2.4% in premarket trading Monday, to pullback from a 13-year closing high in the previous session, after J.P. Morgan downgraded the solar power systems company on valuation concerns. The stock has skyrocketed 96.7% year to date to close Friday at the highest level since July 2009, boosted by the announcement of the U.S. Inflation Reduction Act, which includes tax breaks for rooftop solar installations. In comparison, the S&P 500 has dropped 15.5% this year. Analyst Mark Strauss cut his rating to neutral, after upgrading it to overweight in August due to the IRA's passage. He raised his stock price target to $190 from $147, with the new target implying about 11% upside from Friday's close of $171.43. He expects bookings to remain strong, and current investors should hold on to their positions, but with the stock's rally since the IRA's announcement, he believes the "'easy money' has now been made."

-Tomi Kilgore

	

(END) Dow Jones Newswires

November 28, 2022 08:22 ET (13:22 GMT)

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