BrainChip Holdings Ltd

Securing first Technical Sales Partner in Scandinavia: BrainChip Holdings Ltd.’s (ASX: BRN) stock was up 5.88% on August 06, 2018 as the leading neuromorphic computing company inked a strategic partnership with Telesikring, which is Denmark’s largest Danish-owned installer of security solutions for small, medium and large companies. This joint move will help cater to the law enforcement requirements and end users will be able to efficiently classify suspects in a faster manner with the help of BRN’s BrainChip Studio, an award-winning AI powered software platform for object recognition and facial classification that was launched last year. This paves the path for an integrated analytics solutions’ platform for video security and surveillance. While BRN will provide its platform, Telesikring will promote, install, and support BrainChip’s growing portfolio of AI-powered software and hardware solutions across existing and new video security customer base. BRN thus aims to benefit from the growing Danish security market based on video surveillance services, and this is estimated to grow to DKK 845 million by 2022. In last one month, the stock has been up 36%, as at August 06, 2018, and has been an interesting play. BRN traded at $ 0.180 as at August 06, 2018.
 

Appen Ltd

Latest stock price plunge: Appen Ltd (ASX: APX) will be releasing its earnings for half year ended 30 June 2018 on 28 August 2018. In last one year, the stock has risen 175.5% but fell 13% in last one month. The group’s underlying EBITDA was $28.1m, reflecting a growth of 62% while statutory EBITDA was up by 29%. The Underlying NPAT is $19.7m, which was up by 86%. The Underlying EBITDA margin improvement from 15.6% to 16.9%. has been decent with revenue growth on a constant currency to be 11%. However, full year underlying EBITDA for the year will come at around upper end of $50m - $55m (at A$1 = US$0.80). This global leader in the development of high quality, human-annotated datasets for artificial intelligence is a key to watch while it still trades at higher levels despite the latest stock price slump. APX traded at $ 11.280 as at August 06, 2018.

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