Alpha Modus stock soars on AI retail expansion plans

Published 13/02/2025, 16:18

Investing.com -- Shares of Alpha Modus Holdings, Inc. (Nasdaq: AMOD) soared 160% after the company announced a significant AI-powered retail expansion with its partner CashX, targeting $75 million in annual advertising revenue.

The surge in Alpha Modus’s stock followed the company’s press release detailing plans to deploy financial kiosks across a network of supermarkets in California and Colorado, with expectations to extend to approximately 10,000 locations. This expansion is poised to transform the company’s market presence and financial trajectory.

Alpha Modus’s CEO, William Alessi, stated, "This is a defining moment for Alpha Modus. We see our AI technology revolutionizing the self-service financial kiosk industry, creating an entirely new revenue stream while providing critical services to millions of consumers." He added that the projected advertising revenue from this endeavor is anticipated to reach $75 million annually, contributing to scalable, high-margin revenue growth for the company.

The first of these AI-powered CashX kiosks are already operational, with a full rollout planned by the end of 2026. The integration of Alpha Modus’s AI technology is slated for the second half of 2025. Beyond advertising, these kiosks will offer additional revenue streams through services such as prepaid cards, event tickets, cryptocurrency transactions, and remittance solutions.

Alpha Modus’s AI-driven technology is set to enhance the capabilities of the CashX kiosks, which will provide various essential services, including prepaid top-ups, cryptocurrency purchases, and AI-powered, fraud-resistant transactions. The company’s strategic partnership with OPMX, which specializes in the Hispanic consumer market, and an exclusive licensing agreement with CashX, positions Alpha Modus to capitalize on a significant segment of the retail demographic.

The press release emphasizes the potential for Alpha Modus to disrupt the retail finance space with its AI-powered innovation, leveraging exclusive intellectual property rights to create a frictionless, data-driven financial experience for consumers.

Investors are responding to the company’s strategic positioning at the intersection of fintech and AI, as well as the scalable revenue streams and market reach that the partnership with CashX is expected to deliver. With the projected audience reach of 150 million visits per year, Alpha Modus’s expansion into AI-driven retail solutions represents a substantial market opportunity.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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