One of the things that investors ought to keep in mind is that the stock market is an incredibly dynamic place and things can change fairly quickly depending on the latest news. Hence, it is quite important for investors to almost always be clued in about the latest events in the market. This article looks into five stocks that are in the news at this point in time and investors could do well to consider keeping these in their sights this week.
1. Net Savings Link (OTCMKTS:NSAV): The first company to make the list is a cryptocurrency, digital assets, and blockchain technology firm Net Savings Link Inc, which has seen its stock clock gains of as much as 30% over the course of the past week. The company came into focus in a big way last week on March 24 after it announced that it had been successful in launching the product HIVE, the first home cryptocurrency mining device. The product is capable of mining a range of tokens and it goes without saying that it marks a new era in the cryptocurrency mining industry. It may now be a good idea for investors to consider the fact that if the product does get enough traction then it could lead to a significant long-term boost for Net Savings Link.
2. Artificial Intelligence Technology Solutions (OTCMKTS:AITX): The next one to look into at this point in time is the artificial intelligence play Artificial Intelligence Technology Solutions Inc. The company was in the news yesterday after it made an announcement with regards to Robotic Assistance Devices Inc, its fully owned subsidiary company. The company announced that Robotic Assistance Devices had won an award at the 2022 SIA New Products and Solutions Awards that had been hosted by the Security Industry Association. The subsidiary was the winner in 2022 for a range of products and it goes without saying that the recognition from a leading industry body was a major new development. It now remains to be seen if it leads to any significant traction for the artificial Intelligence Technology Solutions stock or not.
3. Starfleet Innotech Inc (OTCMKTS:SFIO): The third one on this list is the investment firm Starfleet Innotech Inc which came into focus last week on March 25. The company was in the news cycle this past Friday after it announced that it had inked a strategic partnership agreement with the 3D concrete printing company Luyten.
The company is based out of Australia. It is an exclusive partnership in nature. Starfleet Innotech is planning to use the innovative technology from Luyten in its real estate projects which are being developed in the Philippines. The move is designed to be part of the company’s aims of creating a sustainable and equitable future when it comes to community dwellings. It is a stock that could well be worth keeping an eye on over the coming days.
4. Cyberlux Corp (OTCMKTS:CYBL) stock has been consolidating over the past few sessions after gaining momentum recently. The stock has jumped over 39% in the past month. On Friday, the company announced that Kreatx Group, which is part of the Digital Platform Solutions unit at Cyberlux, had managed to bag a tender.
The company won a tender by way of which it was going to provide a new digital solution to the Judicial Court System of Albania so that the case management systems, as well as the court public records, could be modernized. It goes without saying that it was a major announcement from the company and one that could unlock considerable value in the future. The contract is valued at $625,000 at an initial level.
5. BioLife Sciences Inc (OTCMKTS:BLFE): The next stock to consider looking into at this point in time is that of BioLife Sciences Inc in light of the developments from March 25. The company came into significant focus last Friday after it announced that it had been successful in launching its Copper Infused Gardening Gloves. The company had launched the horticultural and agriculture department not too long ago and these gloves were the latest addition to the same.
The company claims that it is a high-quality gardening glove and is also equipped with MFusion Technology at the same time. It can be used for heavier duty use and offers both comfortable as well as durable protection to the hands. If the product in question does prove to be a success then it could help in BioLife Sciences in further growing its new department substantially.
6. Marketing Worldwide Corporation (OTCMKTS:MWWC): Last but certainly not least by any stretch of the imagination it is the Marketing Worldwide Corporation stock that has been in the news latterly. As it happens, it was yesterday that the company came into focus in a big way after it announced that it had finally launched its crypto mining platform Minosis.io. It ought to be noted that there was a fair degree of anticipation about the launch of this product.
Considering the fact that the crypto mining industry is growing at a rapid pace, it is only natural for the launch of such a platform to create a fair degree of buzz. It may now be a good idea for investors to keep track of how the platform progresses.
