RBC Capital Keeps Their Buy Rating on Jasper Therapeutics (JSPR)
In a report released yesterday, Gregory Renza from RBC Capital maintained a Buy rating on Jasper Therapeutics (JSPR – Research Report), with a price target of $68.00. The company’s shares closed yesterday at $18.85.
Renza covers the Healthcare sector, focusing on stocks such as Perspective Therapeutics, Pacira Pharmaceuticals, and Viridian Therapeutics. According to TipRanks, Renza has an average return of 13.8% and a 45.27% success rate on recommended stocks.
Jasper Therapeutics has an analyst consensus of Strong Buy, with a price target consensus of $72.71, which is a 285.73% upside from current levels. In a report released yesterday, BTIG also reiterated a Buy rating on the stock with a $90.00 price target.
The company has a one-year high of $31.01 and a one-year low of $4.00. Currently, Jasper Therapeutics has an average volume of 171.6K.
TipRanks tracks over 100,000 company insiders, identifying the select few who excel in timing their transactions. By upgrading to TipRanks Premium, you will gain access to this exclusive data and discover crucial insights to guide your investment decisions. Begin your TipRanks Premium journey today.
Jasper Therapeutics (JSPR) Company Description:
Amplitude Healthcare Acquisition Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
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Buy Rating Reaffirmed for Jasper Therapeutics on Strong Clinical Performance and Market Potential
BTIG analyst Justin Zelin has reiterated their bullish stance on JSPR stock, giving a Buy rating yesterday.
Justin Zelin has given his Buy rating due to a combination of factors including Jasper Therapeutics’ strong performance in their clinical studies and the potential for their drug candidate, briq, to offer competitive efficacy and safety. Jasper’s enrollment for their BEACON study proceeded more rapidly than expected, enabling them to present comprehensive data sooner and add a new dosage cohort to their trial. This robust enrollment pace suggests a high level of interest and confidence in the treatment, which Zelin views as a positive indicator for the company’s prospects. The addition of the 180mg dose every eight weeks also presents an opportunity for Jasper to refine their dose selection for future registrational studies at a minimal cost.
Furthermore, the expected data from the SPOTLIGHT study in the fourth quarter could set Jasper’s briq apart on safety, especially in light of competing treatments like Celldex’s barzolvolimab, which has shown a risk of anaphylaxis. Zelin anticipates that the risk of such adverse events with briq could be lower due to its rational design and lower observed adverse event rates to date. Additionally, Jasper’s financial performance in the second quarter was better than consensus estimates, and its planned expansion into severe asthma presents further growth opportunities. With these factors in mind, Zelin reaffirms his Buy rating and $90 price target, looking ahead to meaningful catalysts that could significantly impact Jasper’s valuation.
In another report released yesterday, Capital One Financial also assigned a Buy rating to the stock with a $55.00 price target.
JSPR’s price has also changed slightly for the past six months – from $17.820 to $18.850, which is a 5.78% increase.
TipRanks tracks over 100,000 company insiders, identifying the select few who excel in timing their transactions. By upgrading to TipRanks Premium, you will gain access to this exclusive data and discover crucial insights to guide your investment decisions. Begin your TipRanks Premium journey today.
Jasper Therapeutics (JSPR) Company Description:
Amplitude Healthcare Acquisition Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Sam Altman warned OpenAI will ‘steamroll’ AI startups. I run one. Here’s why I’m not worried
Building an AI startup in 2024 is a lot of things. It is exciting, surreal, and rewarding. We are building to solve real user problems using a new, groundbreaking technology in the early innings of what is likely the next big wave in tech.
Awesome, right? Yes, but it can also be equal parts terrifying.
Spend any amount of time online in tech communities and you are sure to see headlines declaring that the most recent AI breakthrough spells the end for most AI startups. In a space where breakthroughs happen by the week, this can be tiresome.
It is not just tech journalists, opinionists, and fire-stokers making these declarations. It also comes directly from the people responsible for launching these breakthroughs. A few months back on the 20VC podcast, OpenAI CEO Sam Altman said his company will steamroll any startup or product trying to build in and around their blast radius.
The general idea is that too many AI startups today are built atop of the “foundational models” produced by the likes of OpenAI and Anthropic. As these major players produce new models with boundary-pushing capabilities, the less-known companies that benefit from these capabilities will become obsolete.
For example, if the newest OpenAI release lets you upload a PDF to ChatGPT to “chat with it,” what happens to all the companies that offer that as their core service? The prevailing wisdom today is that those hypothetical companies are going to be left for dead.
I run an AI startup called Consensus. It’s basically like Google Scholar + ChatGPT. Our goal is to make it easy to consume and search for peer-reviewed scientific research. To date, we have avoided the shrapnel of the AI behemoths. But with OpenAI announcing their upcoming foray into search, some would argue our days are numbered.
I am here today to tell you that the future for AI startups is bright. The doomsday headlines we see about startups are just like attention-grabbing headlines in any other industry—mostly for show.
Here are three reasons why AI startups are not doomed by every subsequent AI breakthrough:
Most companies start as a ‘thin wrapper’
Being labeled “a thin GPT wrapper” is the biggest insult you can thrust upon an AI startup in 2024. A thin wrapper refers to a product with very little real technology built themselves that is propped up by being built on top of someone else’s technology.
“Thin wrapper” companies do exist and some will certainly get steamrolled by future iterations of OpenAI’s models. Just ask the team at Jasper AI.
Jasper is an AI copywriting tool built using OpenAI models. In the pre-ChatGPT-hype world, their tool was lauded and they soared to a billion-dollar valuation. When the world became privy to ChatGPT, most users realized they could get the exact same functionality directly from the source—and Jasper’s revenue (and valuation) tumbled.
However, being a company that is built with third-party technology at the core is not inherently a bad thing. No founder should worry about being a “thin” wrapper at the start of their product journey. In fact, being a thin wrapper in your early days is sometimes an outright necessity for new products in order to get off the ground. It is simply your job as a startup to turn your “thin” wrapper into a “thick” one over time through design, user interface, new features, services, branding, etc.
This phenomenon is not new. If we applied the same scrutiny we do today to AI startups to previous iconic companies, we would have called them thin wrappers over various third-party technologies at their inception, too:
Salesforce is a thin interface wrapper over an Oracle database.
Box is just a thin wrapper over AWS.
Zoom is just a thin wrapper over Mac and PC cameras.
Delta is a thin wrapper over Boeing planes.
And so on.
A new capability directly from OpenAI is also a new capability for your hypothetical startup. It is simply your job as a startup to build enough schlep around that capability to make it compelling and useful enough for users to incrementally pay for. As that technology that you rely on improves, so does your product.
Most things start as a thin wrapper. It is not a sin. The only sin is staying a thin wrapper.
The difference between good and great is infinite
There is a proliferation of remarkable AI product demos online today. Despite this, there is a seemingly gigantic lag in the number of AI products that actually delight and solve problems when they are in the hands of their users.
This is because artificial intelligence in its current form is a connoisseur of “good enough.”
When something is “good enough,” and it is in a guard-railed demo setting, it can appear to be magic. Large language models (LLMs) have lowered the cost of marginal intelligence in products to near zero. Build a simple user interface, slap on a feature or two, and then add in a few API calls to OpenAI and you, quicker than ever before in human history, will have something that looks like an amazing product.
Unfortunately—or fortunately from the founder perspective—building great software products is still incredibly hard. Before LLMs, the crux of the work required to build an amazing software product was an amalgamous stew of hundreds of factors like deep customer understanding, elegant design that requires taste—not technical acumen—and thousands and thousands of lines of code that handle every possible edge case that a user may encounter when using your tool.
None of that has changed. Just because it is now easy to build something that looks like a great software product does not mean it is now easy to actually build a great software product.
Let’s look at the difference between Google’s much-maligned “AI overviews” and the fast-soaring AI search startup Perplexity.
By some definitions, Perplexity is not a “defensible” product. At the highest level, Perplexity is just LLMs interacting with search results. In a world with LLMs everywhere, couldn’t the greatest search engine of all time just throw an LLM summary over results and send Perplexity to its startup death? They can surely try, and try they did. So far, those efforts have been unsuccessful.
Software products don’t actualize at the highest level. They are a massive collection of details, and those details make the difference in how they solve the problems of their users.
Perplexity has nailed the details: Its user interface has character but is ruthlessly simple. When you arrive on its search page, your cursor immediately gets put in the search box. Its response time is near instantaneous and is even equipped with a delightful loading screen.
Google’s AI Overviews lack the same obsessive touch as Perplexity. In turn, they have not garnered the same user love. This is the difference between good and great—zoomed out, they may look the same, but zoomed in they are miles apart.
I could write an entire book on the observation of the deceptively-minimal-but-actually-gigantic difference between pretty good and truly great across life domains. It exists everywhere and software is no different. AI today is “good enough” commoditized. It does not come close to commoditizing truly great, and that should be reassuring for all of us aspiring to build great products.
Specialization matters
For as long as startups have existed, they have been advised to—and found success by—focusing their initial efforts on narrow problems. Niche problems rarely have markets large enough to maintain the attention of incumbents for them to completely solve. This creates the space for startups to come in, innovate, succeed, and then eventually expand.
This is part of our hypothesis at Consensus. Google Scholar is the most-used academic search tool in the world, yet it is pretty universally disliked. This is because it is a side quest of Google—it has never given the problem of scientific search the tender love and support it deserves. A startup like ours can provide that. It is quite literally all we care about doing. Google cares about a million other things.
The time-tested advice about niche problems is not suddenly defunct in the age of AI. It will continue to ring true when building products in the shadows of foundational model companies like OpenAI. If all that mattered was the raw technological horsepower of a product, then startups would never succeed against incumbents with deeper pockets and better technology. What actually matters is the details of your product—from the core feature set to the checkout process—that show a user you are there to solve their specialized problem.
As famed AI investor and former GitHub CEO (and current Consensus investor) Nat Friedman posted to X recently: “People hire a janitor service to clean their office. They don’t hire a generic labor service, even though it’s basically the same thing.” – advice for AI startups.
If you just measured raw capabilities, a person off the street and an employee of a cleaning service company are effectively identical. The only difference is some packaging, some cheap materials (cleaning supplies), a sprinkle of expertise, and a trust that this person has solved your exact problem before. That difference will drive 99 out of 100 people to opt to pay extra for a cleaning service company.
People want to use the thing that is designed for the thing. This is perhaps the most heartening sentence a founder of an AI company could possibly hear today.
When you take a step back and look at the three main points addressed above, this is not new advice. These are some of the same core tenants that have made startups successful when building in the long shadows of more technologically-advanced incumbents for decades.
Being terrified of big players driving your startup to obscurity is a feature of startups, not a bug. It is one of the things on the endless list of things that make building a successful startup really freaking hard.
We all now have an amazing new technology at our fingertips. The natural reaction is to believe that “everything is about to change.” The reality is that some things will change but most will resemble the past. I am willing to bet that one of those things that will persist is the space to create amazing companies and products alongside the headline-grabbing giants.
There will be startup roadkill created by the winners of the foundational model space. I contend that the blast radius will be smaller than most believe today.
Read more:
The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune.
Buy Rating Reaffirmed for Jasper Therapeutics on Strong Clinical Performance and Market Potential
BTIG analyst Justin Zelin has reiterated their bullish stance on JSPR stock, giving a Buy rating yesterday.
Justin Zelin has given his Buy rating due to a combination of factors including Jasper Therapeutics’ strong performance in their clinical studies and the potential for their drug candidate, briq, to offer competitive efficacy and safety. Jasper’s enrollment for their BEACON study proceeded more rapidly than expected, enabling them to present comprehensive data sooner and add a new dosage cohort to their trial. This robust enrollment pace suggests a high level of interest and confidence in the treatment, which Zelin views as a positive indicator for the company’s prospects. The addition of the 180mg dose every eight weeks also presents an opportunity for Jasper to refine their dose selection for future registrational studies at a minimal cost.
Furthermore, the expected data from the SPOTLIGHT study in the fourth quarter could set Jasper’s briq apart on safety, especially in light of competing treatments like Celldex’s barzolvolimab, which has shown a risk of anaphylaxis. Zelin anticipates that the risk of such adverse events with briq could be lower due to its rational design and lower observed adverse event rates to date. Additionally, Jasper’s financial performance in the second quarter was better than consensus estimates, and its planned expansion into severe asthma presents further growth opportunities. With these factors in mind, Zelin reaffirms his Buy rating and $90 price target, looking ahead to meaningful catalysts that could significantly impact Jasper’s valuation.
In another report released yesterday, Capital One Financial also assigned a Buy rating to the stock with a $55.00 price target.
JSPR’s price has also changed slightly for the past six months – from $17.820 to $18.850, which is a 5.78% increase.
TipRanks tracks over 100,000 company insiders, identifying the select few who excel in timing their transactions. By upgrading to TipRanks Premium, you will gain access to this exclusive data and discover crucial insights to guide your investment decisions. Begin your TipRanks Premium journey today.
Jasper Therapeutics (JSPR) Company Description:
Amplitude Healthcare Acquisition Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Sam Altman warned OpenAI will ‘steamroll’ AI startups. I run one. Here’s why I’m not worried
Building an AI startup in 2024 is a lot of things. It is exciting, surreal, and rewarding. We are building to solve real user problems using a new, groundbreaking technology in the early innings of what is likely the next big wave in tech.
Awesome, right? Yes, but it can also be equal parts terrifying.
Spend any amount of time online in tech communities and you are sure to see headlines declaring that the most recent AI breakthrough spells the end for most AI startups. In a space where breakthroughs happen by the week, this can be tiresome.
It is not just tech journalists, opinionists, and fire-stokers making these declarations. It also comes directly from the people responsible for launching these breakthroughs. A few months back on the 20VC podcast, OpenAI CEO Sam Altman said his company will steamroll any startup or product trying to build in and around their blast radius.
The general idea is that too many AI startups today are built atop of the “foundational models” produced by the likes of OpenAI and Anthropic. As these major players produce new models with boundary-pushing capabilities, the less-known companies that benefit from these capabilities will become obsolete.
For example, if the newest OpenAI release lets you upload a PDF to ChatGPT to “chat with it,” what happens to all the companies that offer that as their core service? The prevailing wisdom today is that those hypothetical companies are going to be left for dead.
I run an AI startup called Consensus. It’s basically like Google Scholar + ChatGPT. Our goal is to make it easy to consume and search for peer-reviewed scientific research. To date, we have avoided the shrapnel of the AI behemoths. But with OpenAI announcing their upcoming foray into search, some would argue our days are numbered.
I am here today to tell you that the future for AI startups is bright. The doomsday headlines we see about startups are just like attention-grabbing headlines in any other industry—mostly for show.
Here are three reasons why AI startups are not doomed by every subsequent AI breakthrough:
Most companies start as a ‘thin wrapper’
Being labeled “a thin GPT wrapper” is the biggest insult you can thrust upon an AI startup in 2024. A thin wrapper refers to a product with very little real technology built themselves that is propped up by being built on top of someone else’s technology.
“Thin wrapper” companies do exist and some will certainly get steamrolled by future iterations of OpenAI’s models. Just ask the team at Jasper AI.
Jasper is an AI copywriting tool built using OpenAI models. In the pre-ChatGPT-hype world, their tool was lauded and they soared to a billion-dollar valuation. When the world became privy to ChatGPT, most users realized they could get the exact same functionality directly from the source—and Jasper’s revenue (and valuation) tumbled.
However, being a company that is built with third-party technology at the core is not inherently a bad thing. No founder should worry about being a “thin” wrapper at the start of their product journey. In fact, being a thin wrapper in your early days is sometimes an outright necessity for new products in order to get off the ground. It is simply your job as a startup to turn your “thin” wrapper into a “thick” one over time through design, user interface, new features, services, branding, etc.
This phenomenon is not new. If we applied the same scrutiny we do today to AI startups to previous iconic companies, we would have called them thin wrappers over various third-party technologies at their inception, too:
Salesforce is a thin interface wrapper over an Oracle database.
Box is just a thin wrapper over AWS.
Zoom is just a thin wrapper over Mac and PC cameras.
Delta is a thin wrapper over Boeing planes.
And so on.
A new capability directly from OpenAI is also a new capability for your hypothetical startup. It is simply your job as a startup to build enough schlep around that capability to make it compelling and useful enough for users to incrementally pay for. As that technology that you rely on improves, so does your product.
Most things start as a thin wrapper. It is not a sin. The only sin is staying a thin wrapper.
The difference between good and great is infinite
There is a proliferation of remarkable AI product demos online today. Despite this, there is a seemingly gigantic lag in the number of AI products that actually delight and solve problems when they are in the hands of their users.
This is because artificial intelligence in its current form is a connoisseur of “good enough.”
When something is “good enough,” and it is in a guard-railed demo setting, it can appear to be magic. Large language models (LLMs) have lowered the cost of marginal intelligence in products to near zero. Build a simple user interface, slap on a feature or two, and then add in a few API calls to OpenAI and you, quicker than ever before in human history, will have something that looks like an amazing product.
Unfortunately—or fortunately from the founder perspective—building great software products is still incredibly hard. Before LLMs, the crux of the work required to build an amazing software product was an amalgamous stew of hundreds of factors like deep customer understanding, elegant design that requires taste—not technical acumen—and thousands and thousands of lines of code that handle every possible edge case that a user may encounter when using your tool.
None of that has changed. Just because it is now easy to build something that looks like a great software product does not mean it is now easy to actually build a great software product.
Let’s look at the difference between Google’s much-maligned “AI overviews” and the fast-soaring AI search startup Perplexity.
By some definitions, Perplexity is not a “defensible” product. At the highest level, Perplexity is just LLMs interacting with search results. In a world with LLMs everywhere, couldn’t the greatest search engine of all time just throw an LLM summary over results and send Perplexity to its startup death? They can surely try, and try they did. So far, those efforts have been unsuccessful.
Software products don’t actualize at the highest level. They are a massive collection of details, and those details make the difference in how they solve the problems of their users.
Perplexity has nailed the details: Its user interface has character but is ruthlessly simple. When you arrive on its search page, your cursor immediately gets put in the search box. Its response time is near instantaneous and is even equipped with a delightful loading screen.
Google’s AI Overviews lack the same obsessive touch as Perplexity. In turn, they have not garnered the same user love. This is the difference between good and great—zoomed out, they may look the same, but zoomed in they are miles apart.
I could write an entire book on the observation of the deceptively-minimal-but-actually-gigantic difference between pretty good and truly great across life domains. It exists everywhere and software is no different. AI today is “good enough” commoditized. It does not come close to commoditizing truly great, and that should be reassuring for all of us aspiring to build great products.
Specialization matters
For as long as startups have existed, they have been advised to—and found success by—focusing their initial efforts on narrow problems. Niche problems rarely have markets large enough to maintain the attention of incumbents for them to completely solve. This creates the space for startups to come in, innovate, succeed, and then eventually expand.
This is part of our hypothesis at Consensus. Google Scholar is the most-used academic search tool in the world, yet it is pretty universally disliked. This is because it is a side quest of Google—it has never given the problem of scientific search the tender love and support it deserves. A startup like ours can provide that. It is quite literally all we care about doing. Google cares about a million other things.
The time-tested advice about niche problems is not suddenly defunct in the age of AI. It will continue to ring true when building products in the shadows of foundational model companies like OpenAI. If all that mattered was the raw technological horsepower of a product, then startups would never succeed against incumbents with deeper pockets and better technology. What actually matters is the details of your product—from the core feature set to the checkout process—that show a user you are there to solve their specialized problem.
As famed AI investor and former GitHub CEO (and current Consensus investor) Nat Friedman posted to X recently: “People hire a janitor service to clean their office. They don’t hire a generic labor service, even though it’s basically the same thing.” – advice for AI startups.
If you just measured raw capabilities, a person off the street and an employee of a cleaning service company are effectively identical. The only difference is some packaging, some cheap materials (cleaning supplies), a sprinkle of expertise, and a trust that this person has solved your exact problem before. That difference will drive 99 out of 100 people to opt to pay extra for a cleaning service company.
People want to use the thing that is designed for the thing. This is perhaps the most heartening sentence a founder of an AI company could possibly hear today.
When you take a step back and look at the three main points addressed above, this is not new advice. These are some of the same core tenants that have made startups successful when building in the long shadows of more technologically-advanced incumbents for decades.
Being terrified of big players driving your startup to obscurity is a feature of startups, not a bug. It is one of the things on the endless list of things that make building a successful startup really freaking hard.
We all now have an amazing new technology at our fingertips. The natural reaction is to believe that “everything is about to change.” The reality is that some things will change but most will resemble the past. I am willing to bet that one of those things that will persist is the space to create amazing companies and products alongside the headline-grabbing giants.
There will be startup roadkill created by the winners of the foundational model space. I contend that the blast radius will be smaller than most believe today.
Read more:
The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune.
Jasper businesses are battling time and destruction: survey
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Of the more than 80 businesses surveyed, 37 per cent said that their businesses were either entirely or partially lost in the Jasper wildfire complex
Published Aug 08, 2024 • Last updated 6 days ago • 3 minute read
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The remains of restaurants and businesses in Jasper after wildfires hit on July 26, 2024. Photo by Amber Bracken /The Canadian PressArticle content
A recent report shows that Jasper businesses face an uphill battle once the rebuilding commences because many ran on slim margins in an economy that relies on visitors that won’t be back soon.
As Jasperites continue to await details on when they will be allowed to re-enter their community, Jasper businesses prepare themselves for a tough rebuild. A survey by the Tourism Industry Association of Alberta, Tourism Jasper, Alberta Hotel and Lodging Association and the Association for Mountain Parks Protection and Enjoyment released on Tuesday indicated that more than half of Jasper businesses couldn’t survive a closure of two months or more without taking on debt.
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As a tourism hub, Jasper’s economy, and the businesses that make it, are dependent on visitors which can be precarious at the best of times. The lack of access to the park isn’t just preventing visitors, though — it’s forcing workers to go elsewhere, too.
For Brett Ireland, co-owner of Jasper Brewing and Maligne Distilling and the chairman of the Tourism Industry Association of Alberta, the best case scenario is if they get 50 per cent to 75 per cent of employees back.
“It’s been the challenging task of trying to sort out what the next steps are for our business. And most of that circles around the team. Like how it’s impacting the team, and who we’re going to have in terms of a team to get re-opened,” said Ireland.
Summer months are crucial
Of the more than 80 businesses surveyed, 37 per cent said that their businesses were either entirely or partially lost in the Jasper wildfire complex. The damage to the businesses is already a tough economic loss, but businesses are also missing peak tourism season, which is when the survey said three-quarters of Jasper businesses make 60 per cent of their annual revenue.
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The summer months are crucial to both the workforce and the businesses in Jasper. With no access to the town, no timeline of return, and the fast fade of summer travellers, Jasper businesses are enduring a loss of staff and revenue, all while dealing with the uncertainty of their properties in town.
The survey also indicated that more than 60 per cent of businesses aren’t expecting to return to previous revenue levels for seven months or longer, while more than 50 per cent said they would need immediate in-destination staff accommodation before they could resume at all.
“Based on the survey results we just received, it’s pretty jarring and scary to think about how many of those small businesses might not make it through,” Ireland said.
Ireland said the building next to Jasper Brewing burned down and he is unsure of the extent it damaged his building. Nor was he sure what kind of state the kitchen could be in, which he said could be a bit of a “science experiment.”
Hope amid a bleak uncertainty
The survey said that as businesses wait to re-enter the town, many are eagerly awaiting key information from all levels of government on what “streamlined, timebound, development approvals process might look like along with insights on what short, medium and long-term employee wage and business support programs might be available until visitors return.”
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Ireland said a couple of things are giving him hope amid the bleak uncertainty that Jasper businesses might be feeling.
First, he expressed hope at the return of visitors — whenever it may be — who he said wrote to the business on social media.
“It sounds kind of cheesy to say but we have had an absolutely insane amount of positive messages through social media accounts. And, it’s people sharing huge life milestones, memories, that they’ve had in Jasper Brewing and all these huge comments of support,” said Ireland.
He’s also been heartened by the co-operation between various levels of government.
“I’m really optimistic that we might get that collaboration and that sort of positive approach those multi-layers of government have been taking through the actual crisis, and we can see that sustained through the recovery.”
zdelaney@postmedia.com
Twitter/X: @ZacharyDelaney
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Buy Rating Reaffirmed for Jasper Therapeutics on Strong Clinical Performance and Market Potential
BTIG analyst Justin Zelin has reiterated their bullish stance on JSPR stock, giving a Buy rating yesterday.
Justin Zelin has given his Buy rating due to a combination of factors including Jasper Therapeutics’ strong performance in their clinical studies and the potential for their drug candidate, briq, to offer competitive efficacy and safety. Jasper’s enrollment for their BEACON study proceeded more rapidly than expected, enabling them to present comprehensive data sooner and add a new dosage cohort to their trial. This robust enrollment pace suggests a high level of interest and confidence in the treatment, which Zelin views as a positive indicator for the company’s prospects. The addition of the 180mg dose every eight weeks also presents an opportunity for Jasper to refine their dose selection for future registrational studies at a minimal cost.
Furthermore, the expected data from the SPOTLIGHT study in the fourth quarter could set Jasper’s briq apart on safety, especially in light of competing treatments like Celldex’s barzolvolimab, which has shown a risk of anaphylaxis. Zelin anticipates that the risk of such adverse events with briq could be lower due to its rational design and lower observed adverse event rates to date. Additionally, Jasper’s financial performance in the second quarter was better than consensus estimates, and its planned expansion into severe asthma presents further growth opportunities. With these factors in mind, Zelin reaffirms his Buy rating and $90 price target, looking ahead to meaningful catalysts that could significantly impact Jasper’s valuation.
In another report released yesterday, Capital One Financial also assigned a Buy rating to the stock with a $55.00 price target.
JSPR’s price has also changed slightly for the past six months – from $17.820 to $18.850, which is a 5.78% increase.
TipRanks tracks over 100,000 company insiders, identifying the select few who excel in timing their transactions. By upgrading to TipRanks Premium, you will gain access to this exclusive data and discover crucial insights to guide your investment decisions. Begin your TipRanks Premium journey today.
Jasper Therapeutics (JSPR) Company Description:
Amplitude Healthcare Acquisition Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
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Why enterprise CIOs need to plan for Microsoft gen AI Why enterprise CIOs need to plan for Microsoft gen AI Enterprises with strong experience in open source may look to open foundation models as an option to reduce costs, but Curran cautions against equating open weight models with the more familiar open source ecosystem. He predicts enterprises will adopt them though, including using them in curated environments provided like Azure. “I’ve seen a lot of interest in the open source models, but not many in production,” says Boyd, although customers are starting to use small models like Microsoft’s own Phi series. “But it’s largely early days. I haven’t seen mass…
How Gen Z Is Changing Business and the Workplace Microsoft to reinvent office apps with Artificial Intelligence toolsWashington [US], March 17 (ANI): Microsoft is reinventing its Power Platform’s software development, including Outlook, PowerPoint, Excel and Word, with AI-powered no-code development and adding new features like Copilot. In an event on Thursday (Local Time), the company announced that Microsoft 365 users will soon be able to use what the company is calling an AI “Co-pilot,” Microsoft said in a statement. “Makers now have a live in-studio copilot that helps them build solutions and provides suggestions for improvement. To build an app, flow, or bot, you can describe it using natural…
Oracle Business Intelligence (BI) Platform Transforming Your Organization with the Power of Business Intelligence Share Share Oracle Business Intelligence (BI) Platform – BI / DW Insider Share Email Hyperion Solutions - Wikipedia With the ability to drive strategic initiatives, make educated decisions and extract valuable insights from raw data, business intelligence (BI) has become a key enabler for organizational success. BI has revolutionized the way businesses operate and plan for the future in this age of intense competition and rapid technological advancement. One of the most powerful business intelligence tools available, Intellicus has provided tailored solutions to over 17,000 small and…
How to create Excel dashboards with Claude How to create Excel dashboards with Claude 3 AI in minutes If you are looking for a fast and efficient way to create Excel dashboards to present your data in presentations or reports. You might be interested to know that you can use the power of Claude 3 AI to help create these Excel interactive dashboards just a few minutes. Saving you hours of time which can be spent more wisely. Creating interactive dashboards has become an essential skill and by using Claude 3 AI, a powerful artificial intelligence tool, this process has been streamlined and simplified. This guide created…
What is Business Intelligence (BI): Complete Implementation Transforming Your Organization with the Power of Business Intelligence Share Share Understanding Business Intelligence Through Modernizing ETL Share Email How to choose the right ETL tool? Bismart Partner Power BI With the ability to drive strategic initiatives, make educated decisions and extract valuable insights from raw data, business intelligence (BI) has become a key enabler for organizational success. BI has revolutionized the way businesses operate and plan for the future in this age of intense competition and rapid technological advancement. One of the most powerful business intelligence tools available, Intellicus has provided tailored solutions to over…
How Zebra Technologies Uses Machine Vision to… How Zebra Technologies Uses Machine Vision to Transform Production Automation Machine vision is the focus of Machine Design’s Takeover Topic Event (Aug. 12-16, 2024). Covering the gamut of vision systems, the lineup includes case histories, trends and interviews with notable players to watch in this space. In the accompanying video, Andrew Zosel, senior vice president and general manager, Zebra Technologies, explains the vision and strategy behind recent acquisitions and the resultant solutions. Machine vision is a significant part of that investment and future growth at Zebra, said Zosel. (In parts 2 and 3 of this interview series focusing on machine…
Willdan Benefits from AI Lapping Up Electricity Willdan Benefits from AI Lapping Up Electricity The intelligence may be artificial, but the growing electricity needs are very real. Just ask Willdan Group, Anaheim’s most valuable publicly traded company. The environmental engineering services firm on Aug. 1 reported second-quarter results that surpassed analysts’ estimates, boosting the share price by 12%. “The electric load growth macrotrend strengthened over the quarter, fueled by growth in electricity demand at data centers from artificial intelligence,” Chief Executive Mike Bieber said in a statement announcing the results. Business Intelligence Roadmap PowerPoint Template Nulivo Market The increased demand for AI has benefited companies with local…
Artificial Intelligence Tech 2024 Artificial Intelligence Tech 2024-08-13T18:31:05Z Replika lets you buy an AI girlfriend or boyfriend — and its average user age is surprising Replika CEO Eugenia Kuyda said the app’s users are “mostly 35-plus and super engaged.” Some people have formed deep bonds with their AI companions. Tech 2024-08-13T13:40:11Z AI and security concerns fuel a shift to on-premises IT infrastructure as companies seek more control of data AI, data privacy, and security concerns are pushing companies to adopt hybrid IT infrastructure that combines on-prem hardware with cloud services. The best business intelligence (BI) software in Zapier The US and some of its…
AI For Business Intelligence From recruitment to performance: AI and ML transforming HR operations The current era, known as the ‘digital age’, has seen digital transformation become a global consensus among businesses. Many experts believe that transformation has been accelerated by as much as half a decade in the wake of the pandemic, which saw digital transformation at a never-before-seen scale. This transformation is disrupting almost all industries, and human resources (HR) is no exception. In this digitised world, HR must reinvent itself. By stepping up to this challenge, HR can create immense value for both organisations and their employees. However, it is crucial…
Analysts laud SAS’ innovation in AI, marketing, risk… Analysts laud SAS’ innovation in AI, marketing, risk and fraud solutions Investment by SAS drives accolades in multiple reports from top analyst firms CARY, N.C., July 30, 2024 /PRNewswire/ — When choosing new technologies like generative AI (GenAI) or selecting vendors for mission-critical functions like managing risk, improving marketing and customer loyalty, and fighting fraud and financial crimes, organizations often seek the advice of top industry analyst firms. Top industry analyst firms have once again have recognized SAS as a leader in key business and technology areas. Statistical Business Analysis SAS And these top firms once again have recognized SAS…
Business Intelligence vs. Competitive Intelligence Business Intelligence vs. Competitive Intelligence: What’s the Difference? Business Intelligence vs. Competitive Intelligence: An Overview Competitive intelligence is the act of understanding a company’s industry and industry rivals so the company can make better business decisions. Business intelligence refers to the tools, software, and systems that play a vital role in the strategic planning process of a company. Key Takeaways Competitive intelligence is the outward-focused analysis of a business’s competitors to identify advantages and potential strategies.In contrast, business intelligence is the inward-focused evaluation of the business’s own data, which can help improve efficiency and growth.Combining both business and competitive intelligence…
Salesforce vs. Microsoft Dynamics 365 Overview Microsoft Dynamics vs. Salesforce: Comparison 2024 Salesforce vs. Microsoft Dynamics 365 Overview Salesforce’s Sales Hub and Microsoft Dynamics 365 Sales are similar products that offer most of the CRM features you expect to find in standalone CRM software. We compare these two as the primary CRM offerings from both providers, though other products exist for marketing, customer service and other work management functions. Salesforce is a highly customizable CRM that teams can configure for almost any business need, while Microsoft Dynamics 365 serves as a centralized place for customer data for teams that already use it. Salesforce vs. Microsoft Dynamics…
Hidden Apple Intelligence Features Revealed Hidden Apple Intelligence Features Revealed Apple’s latest iOS 18.1 beta 2 update brings a suite of advanced AI-driven features for Apple Intelligence designed to transform your user experience. These hidden gems leverage Apple’s innovative AI technology to automate tasks, enhance communication, and create personalized content, ultimately streamlining your daily interactions with your device. Let’s dive into the details of these innovative features. Smart Reply: Effortless Email and Message Responses The Smart Reply feature in iOS 18.1 takes the hassle out of responding to emails and messages. Intelligently analyzing the content of your incoming communications suggests complete, contextually relevant replies. Whether you receive…
BI tools give businesses access to real-time data Transforming Your Organization with the Power of Business Intelligence Share Share What is Power BI - BeyondKey Systems Share Email Connect MySQL To Power BI Step By Step [] - ScaleGrid With the ability to drive strategic initiatives, make educated decisions and extract valuable insights from raw data, business intelligence (BI) has become a key enabler for organizational success. BI has revolutionized the way businesses operate and plan for the future in this age of intense competition and rapid technological advancement. One of the most powerful business intelligence tools available, Intellicus has provided tailored solutions to…
Combine Microsoft and Power BI Microsoft Power BI Free Business Email: 7 Legit Ways to Get Free Addresses All businesses need branded email addresses, and small businesses and startups often need it to be as cheap as possible. To help, we rounded up the best legitimate ways to get a free business email address. All are secure and credible for professional use. Some are completely free, while others include free email accounts with products like domains, web hosting, and office software. Best free business email addresses: Zoho Mail Best for Gmail business email: Google Workspace Best for a free email address with cheap domain purchase: IONOS Best website…
The Coolest Business Analytics Companies Of The 2023… The Coolest Business Analytics Companies Of The 2023 Big Data 100 Part 1 of CRN’s Big Data 100 takes a look at the vendors solution providers should know in the data analytics and business intelligence space. Analytical Approach It’s no surprise that in diagrams and visual representations of big data IT systems, data analytics and visualization software are usually at the top of the big data “technology stack.” They are the software tools that business analysts and information workers use to gain understanding and insight from the exponentially growing volumes of data businesses are generating today and to share that…
Microsoft announces Power BI Premium Microsoft announces Power BI Premium Microsoft is expanding its business analytics and intelligence portfolio with the announcement of Power BI Premium. Power BI Premium is an extension of the company’s Power BI solution that provides improved performance for larger data volumes. “Power BI was first made generally available in July 2015. Since then, Microsoft’s driving vision for Power BI has been to enable users across roles, disciplines and industries to sign up for the service in seconds and get business value by drawing insights from their data within minutes,” Kamal Hathi, general manager at Microsoft, wrote in a post. “Power…
Disclaimer Every effort has been made to accurately represent this web site or product and its potential. Even though this industry is one of the few where one can write their own check in terms of earnings, there is no guarantee that you will earn any money using the techniques and ideas in these materials. Examples in these materials are not to be interpreted as a promise or guarantee of earnings. Earning potential is entirely dependent on the person using our product, ideas, techniques and the effort put forth. We do not purport this as a "get rich scheme" Your level…
Microsoft’s cloud business powers 10% growth in… Microsoft’s cloud business powers 10% growth in quarterly profits AP REDMOND, Wash. (AP) — Microsoft reported a 10% increase in quarterly profits Tuesday as it tries to maintain its position as a leader in artificial intelligence technology. The software giant said its fiscal fourth-quarter profit was $22 billion, or $2.95 per share, slightly beating analyst expectations for $2.94 per share. reasons to use Microsoft Power BI Stitch It posted revenue of $64.7 billion in the April-June period, up 15% from last year. Analysts polled by FactSet Research had been looking for revenue of $64.4 billion. Microsoft’s growth was led by…
Pentaho Adaptive Big Data LayerPentaho Business Analytics Pentaho furthers innovation in Big Data integration and launches Pentaho Labs Delivering the future of analytics, Pentaho Corporation today introduced a new adaptive big data layer in its platform that accelerates access and integration to the latest versions and capabilities of popular big data stores. It also announced a “think tank” called Pentaho Labs for innovating breakthrough big data-driven technologies in areas such as predictive and real-time analytics. The Pentaho adaptive big data layer supports Hadoop distributions from Cloudera, Hortonworks, MapR and Intel, as well as popular NoSQL databases Cassandra and MongoDB, and introduces support for Splunk. With Pentaho, data…
Qlik Sense Business Analyst Certification - Credly Exciting New Partnership: Optimum and Qlik Join Forces to Transform Data Analytics for Clients With Seamless Data Integration and Cutting-Edge Visualization, This Partnership Will Drive Business Growth and Empower Data-Driven Decisions for Businesses of All Sizes HOUSTON, TX / ACCESSWIRE / August 8, 2024 / Optimum Consultancy Services, a leader in IT consulting that specializes in data, business intelligence (BI), and artificial intelligence (AI) solutions, is thrilled to announce a new strategic partnership with Qlik®, a renowned leader in data integration and data analytics solutions. This partnership is set to transform the way businesses leverage data for strategic decision-making. Through…
Snowflake launches Cortex Analyst, an agentic AI… Snowflake launches Cortex Analyst, an agentic AI system for accurate data analytics Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Snowflake is all set to deploy powerful language models for complex data work. Today, the company announced it is launching Cortex Analyst, an all-new agentic AI system for self-service analytics, in public preview. First announced during the company’s data cloud summit in June, Cortex Analyst is a fully managed service that provides businesses with a conversational interface to talk to their data. All the users have to do is…
Business Intelligence Improved Decision Making How AI Can Power Brand Management Marketers have begun experimenting with AI to improve their brand-management efforts. But unlike other marketing tasks, brand management involves more than just repeatedly executing one specialized function. Long considered the exclusive domain of creative talent, it encompasses multiple activities designed to build the reputation and image of a business—such as crafting and communicating the brand story, ensuring that the product or service and its price reflect the brand’s competitive positioning, and managing customer relationships to forge loyalty to the brand. A brand is a promise to customers about the quality, style, reliability, and aspiration…
Black Books That Will Get Your Head Right During… Black Books That Will Get Your Head Right During Black Business Month Looking to learn more about business and how to successfully operate? Well, look no further BLACK ENTERPRISE selected 9 business books Originally Published Aug. 19, 2023. Looking to learn more about business and how to successfully operate? Well, look no further. BLACK ENTERPRISE has selected nine business books that go beyond scratching the surface. Real talk: this is required reading. These Black authors do a deep dive into the world of business, sharing strategies, successful blueprints, and business models to educate about emerging and established entrepreneurs and business owners.…
Talent Intelligence: Unlocking The Power Of… Talent Intelligence: Unlocking The Power Of Multidimensional Data Joanna Riley, CEO & cofounder of Censia. Striving for a more just and efficient global economy through better talent data and technology. getty In the age of data-driven decision-making, the significance of structured, multidimensional data cannot be overstated. This data type forms the backbone of advanced AI systems, facilitating nuanced insights and predictive analytics essential for modern business strategies, including talent management. What Is Business Intelligence (BI)? Types, Benefits, and Examples Data-Driven Recruiting And Talent Management Companies that harness data in talent management have seen remarkable improvements in both efficiency and insights…
Business Intelligence in ERP (The Role of BI Tools in ERP) De-siloing the enterprise: The challenges and opportunities in data consolidation A hot topic in the data management space is the argument against data silos. Factors such as generative artificial intelligence and decentralized data infrastructures have intensified the need to embrace the data consolidation ethos. RelationalAI’s Molham Aref discusses modern data platforms. What is the imperative to de-silo data operations? And what challenges and opportunities exist as companies move toward interconnected data infrastructures? “You’re building intelligent applications, and by definition, these applications have to look at data,” said Molham Aref (pictured), chief executive officer of RelationalAI Inc. “The old architecture is where…
22nd Century Technologies Buys TreasurySoft 22nd Century Technologies Buys TreasurySoft to Expand ERP Capabilities for Federal Market Clients McLean, Virginia-based 22nd Century Technologies Inc. has acquired TreasurySoft in a transaction that expands its enterprise resource planning practice and capabilities to deliver digital transformation platforms to federal, state, local government and transit agencies. TSCTI said Tuesday TreasurySoft provides PeopleSoft and Oracle Fusion ERP Treasury Management Systems and other tech platforms that offer real-time insights across cash management, risk management, investment management and other critical financial functions. “By bringing TreasurySoft into our fold, we are not only expanding our ERP capabilities but also setting the stage to…
Qlik Answers Now Available for AI-Driven, Fully… Qlik Answers Now Available for AI-Driven, Fully Explainable Insights from Vast Unstructured Business Data PHILADELPHIA, July 30, 2024 (GLOBE NEWSWIRE) — Qlik®, a global leader in data integration, analytics, and artificial intelligence (AI), today announced the general availability of Qlik Answers™, its newest self-service AI solution designed to help organizations harness the power of AI by removing the risk, embracing the complexity, and scaling the impact of AI. Qlik Answers transforms unstructured data into actionable results through generative AI, offering full explainability—a common obstacle in enterprise AI adoption. Qlik Answers combines generative AI with Qlik’s trusted data analytics capabilities to…
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Microsoft Power BI: A Powerful Cloud Based Business… Free Business Email: 7 Legit Ways to Get Free Addresses All businesses need branded email addresses, and small businesses and startups often need it to be as cheap as possible. To help, we rounded up the best legitimate ways to get a free business email address. All are secure and credible for professional use. Some are completely free, while others include free email accounts with products like domains, web hosting, and office software. Best free business email addresses: Zoho Mail Best for Gmail business email: Google Workspace Best for a free email address with cheap domain purchase: IONOS Best website…
Business Intelligence and Analytics Fusion… Business Intelligence and Analytics Fusion Introduces New AI-Powered Scenario Simulation and Intelligence Suite Fusion Risk Management (Fusion), a provider of cloud-based operational resilience, business continuity, and risk management solutions, is releasing its new Scenario Simulation and Intelligence suite—enabling companies to simulate thousands of possible scenarios against their resilience plans and strategies to identify points of weakness at scale. Posted August 14, 2024 Ridge Security Enhances Proactive Exposure Management with RidgeBot 4.3.3 Ridge Security Technology Inc. is releasing RidgeBot version 4.3.3, introducing a powerful integration that enhances proactive exposure management for organizations—combining RidgeBot’s automated vulnerability detection and validation capabilities with leading…