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UPST, NEXCF, CASA, NRRWF; Visionary CEOs Advancing Next Wave of Billion Dollar Market Opportunities in AI, Metaverse, E-Commerce and Telecom

NEW YORK, April 19, 2022 (GLOBE NEWSWIRE) — Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from CEO’s of: Upstart Holdings (NASDAQ: UPST), NuRAN Wireless (OTC: NRRWF) NexTech AR Solutions (OTC: NEXCF) (CSE: NTAR), and Casa Systems (NASDAQ: CASA).

Today’s emerging technologies and lifestyle megatrends are creating billion dollar opportunities for disruptive innovation in how we live, work and play. Wall Street Reporter highlights the latest comments from industry thought leaders shaping our world today, and in the decades ahead:

NexTech AR Solutions (OTC: NEXCF) (CSE: NTAR) CEO Evan Gappelberg: “NexTech is On-Ramp to Metaverse & Web 3.0 for $5.5 Trillion E-Commerce Market”
https://www.wallstreetreporter.com/2022/04/06/next-super-stock-nextech-ar-otc-nexcf-cse-ntar-on-ramp-to-metaverse-web-3-0-for-5-trillion-e-commerce-market/

NuRAN Wireless (OTC: NRRWF) (CSE: NUR) CEO Francis Letourneau:
“Bringing Wireless Connectivity to Africa is Billion Dollar Opportunity for NuRAN”
https://www.wallstreetreporter.com/2022/02/16/next-super-stock-nuran-wireless-otc-nrrwf-path-to-billion-valuation-w-africa-telecom-contract/

Casa Systems (NASDAQ: CASA) CEO Jerry Guo:“Leading Cloud-Native 5G Infrastructure in US”
https://www.wallstreetreporter.com/2022/04/18/casa-systems-nasdaq-casaawarded-multi-year-contract-from-verizon/

Upstart Holdings, Inc. (NASDAQ: UPST) CEO Dave Girouard: “AI is Transforming Credit”
“…We’re in a multi-decade mission to put affordable credit within reach of every American. The price of credit is the price of opportunity and the price of mobility. And we want to ensure that opportunity and mobility are available to all Americans..2021 was a remarkable year for Upstart. We grew revenue from $233 million in 2020 to $849 million in 2021, while generating net income of $137 million. And with the fourth quarter surge, we’re now at more than $1 billion in revenue on an annualized basis… We find ourselves today in the strongest position Upstart has experienced to date and it’s our mission in 2022 to build on the many successes of the last year. We believe in our core that AI lending isn’t a one-category phenomenon, but will eventually transform virtually all flavors of credit. I’m happy to tell you that just 1.5 months into the new year, we’ve accomplished this goal. In fact, our auto refi funnel performance is now comparable to where our personal loan funnel was in 2019 on a channel-adjusted basis.
Based on this progress, we now expect $1.5 billion in auto loan transactions on our platform in 2022… 2021 will be remembered as the year AI came to the forefront, kicking off the most impactful transformation of credit in decades…Upstart is now about the size that Google was when I joined that company in early 2004. So I’ve seen this movie before and hope to use what I learned there to build Upstart into the most impactful fintech in the world…”
Upstart Holdings, Inc. (NASDAQ: UPST) Earnings Highlights: https://www.wallstreetreporter.com/2022/02/16/upstart-holdings-inc-nasdaq-upst-q4-2021-earnings-highlights/

NexTech AR Solutions (OTC: NEXCF) (CSE: NTAR) CEO Evan Gappelberg: “NexTech is On-Ramp to Metaverse & Web 3.0 for $5.5 Trillion E-Commerce Market”
NexTech AR (OTC: NEXCF), a featured presenter at Wall Street Reporter’s “Next Super Stock” investor conference series, recently shared with investors how NEXCF is emerging as a key player in the $5.5 trillion global e-commerce market transition to web 3.0 and the metaverse. NEXCF Augmented Reality solutions

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The $65 billion financial investment in web obtain is historic

Previous Friday, the Home of Reps handed a historic infrastructure monthly bill, which includes $1.2 trillion allotted in the direction of supporting planes, trains, vitality systems—and the most significant expense ever for broadband web, to the tune of $65 billion. President Biden is envisioned to sign it into legislation on Monday.

Additional than 30 million Americans stay in areas with no broadband infrastructure, indicating their accessibility to high pace world-wide-web is confined. This is a bipartisan challenge, and its effects had been felt most all through the early phases of the COVID-19 pandemic, when staff labored from home and children went to university on the net. 

“This is a thing both sides of the political aisle have talked about for a very long time,” suggests Kevin DeGood, director of infrastructure plan at the Heart for American Development. “This monthly bill is in line with the form of rough estimates of what it will take to check out to bring broadband world-wide-web to everybody in The usa.”

Here’s what you will need to know about what this invoice suggests for world-wide-web accessibility.

What will the invoice do?

The government has allocated $42.4 billion towards a Broadband Equity Obtain and Deployment System, which is just what it appears like, states DeGood. In areas devoid of net service, or with spotty, intermittent service, there will be an auction in which non-public organizations can bid on how a lot cash they would require in buy to establish out true broadband web access. 

The Pew Investigation Center continually finds that affordability is a huge barrier to broadband adoption in the United States. A application identified as the Affordable Connectivity Fund seeks to handle this, allocating $14.2 billion to present a $30 regular subsidy to deliver down the cost of month to month world wide web access costs for homes that are at or underneath 200 % of the federal poverty line. This program is a continuation of the $3.2 billion Emergency Broadband Profit Program, or EBBP, began for the duration of the pandemic to assistance small-cash flow Americans get on the net.

Two billion bucks will go in direction of making absolutely sure indigenous communities have entry to the world-wide-web, and $2.75 billion will go in the direction of “digital fairness plans,” like computer labs for your neighborhood library.

Did COVID-19 spur this?

The pandemic certainly performed a position in pushing this invoice to move. “I consider we’ve regarded for a prolonged time that obtain to broadband was unevenly dispersed,” Tejas Narechania, college director at the Berkeley Heart for Law & Technology, says. “But the pandemic, doing the job from residence, education from dwelling, ordering on the internet, and relying on streaming expert services for enjoyment sharpened our focus on the have to have for trustworthy world-wide-web all over the place.”

Narechania details out that the EBBP advantage, which started out for the duration of the pandemic, is what has been modified and extended in this monthly bill. But the EBB offered homes subsidies of

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