Advanced Micro Devices (NASDAQ:AMD) Stock Goes Parabolic: Here is What BofA Securities Saying

August 4, 2021

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) continues to move up and now up by 6% to $119.20 after hitting a new high of $122.49 earlier in the session. BofA’s Vivek Arya highlighted, “We examine Q2 PC/Server CPU trends based on Mercury Research data. Unless specified we are reviewing x86 trends, although we do also analyze Arm units provided by Mercury for the first time in Q1. Q2 CPU sales…

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MannKind (NASDAQ:MNKD) Stock Sees Buying Interest After An agreement With NRx Pharmaceuticals

August 4, 2021

NRx Pharmaceuticals (NASDAQ:NRXP) has signed an agreement with MannKind (NASDAQ:MNKD) to develop a dry powder formulation of ZYESAMI (aviptadil), a synthetic form of human Vasoactive Intestinal Peptide (VIP), produced by the body to help protect cells against inflammatory conditions. Development will be based on MannKind’s Technosphere platform, that is the basis of the U.S. FDA-approved Afrezza inhaled insulin product. The investigational drug has demonstrated a greater than 2-fold increased odds…

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Western Sierra Resource Corporation (WSRC) Stock Sees High Volatile: What’s The Buzz?

August 4, 2021

Western Sierra Resource Corporation (OTCMKTS:WSRC) on 3rdAugust, 2021 announced results from ‘Assay Review and Enhanced Recovery Report’. This was commissioned together with California’s R&P. The company, founded in 1907, has 114-year history as a gold and silver mining company with projects in Arizona, Nevada, California, and Mexico. The R&P Report demonstrates an increase of 69% in the recovery rate from the firm’s earlier estimates. This will translate to net annual…

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Artificial Intelligence Technology Solutions Inc (OTCMKTS:AITX) Stock Fall 17% in a Week: Now What?

August 3, 2021

In recent months, the Artificial Intelligence Technology Solutions Inc (OTCMKTS:AITX) stock has been in significant focus among investors primarily due to the slew of order that have been received by its fully owned subsidiary company Robotic Assistance Devices. Yesterday, Artificial Intelligence Technology Solutions announced that Robotic Assistance Devices received another order from a dealer. However, instead of the stock recording some gains, it actually declined marginally. Yesterday, it was announced…

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GrayscaleBitcoin Trust (OTCMKTS:BCHG) Stock Slumps 54% in a Month: Here is Why

August 3, 2021

GrayscaleBitcoin Trust (OTCMKTS:BCHG) is down 54% in a month. Recently Grayscale Investments chose BNY Mellon to be the asset servicing provider of its leading product which isGrayscaleBitcoin Trust.Following the transaction , BNY Mellon will offer Grayscale Bitcoin Trust with funds administration and accounting starting October 1, 2021. Equally, BNY Mellon will likely offer transfer agency as well as ETF Services once GrayscaleBitcoin finalizes conversion to an exchange traded fund (ETF)….

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PHI Group Inc. (OTCMKTS:PHIL) Stock Extends The Fall: Fall 50% in a Week

August 3, 2021

PHI Group Inc. (OTCMKTS:PHIL) dropped 22% and down 50% in the past week. The company is making massive movements following a dip in recent weeks. PHIL is under heavy accumulation as investors crowd the stock making it is among the most sought-after small-cap stocks. Several penny stock traders are trading the stocks which have been trading between $5 million and $25 million. In December, PHIL took off last year as…

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Xenetic Biosciences (NASDAQ:XBIO) Stock Sees High Volatility: How to Trade Now?

August 2, 2021

Biopharmaceutical company, Xenetic Biosciences (NASDAQ:XBIO), on July 31, 2021 closure of previously announced private placement. This would be with single healthcare-focused institutional investor for 4,629,630 shares of the common stock. Xenetic focuses on a personalized CAR T platform technology for targeting patient and tumor specific neoantigens. The proceeds will be about $12.5 million before deducting placement agent fees and other offering expenses.The company issued to investor warrants for buying 4,629,630…

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Medigus Ltd’s (NASDAQ: MDGS) Subsidiary Charging Robotics Completes Proof of Concept of EVC Wireless Charging Robot

August 2, 2021

Medigus Ltd (NASDAQ: MDGS) has announced that its wholly-owned subsidiary, Charging Robotics Ltd., has successfully completed a proof of concept showing its EV wireless charging robot’s capabilities.  Charging Robotics to solve EV wireless charging challenges  Charging Robotics is looking to overcome the EV wireless charging challenges of highly efficient, seamless battery for unmanned and manned vehicles. Its demonstration system comprises a robotic platform with autonomous navigation capability. Also, a second…

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Cinedigm Corp (NASDAQ: CIDM) Announces Final Audited Financial results For Fiscal 2021

August 2, 2021

Cinedigm Corp (NASDAQ: CIDM) has announced its final Q4 2021 audited financial results for the entire year ending March 31, 2021. The company didn’t make any changes to the interim results reported on July 14, 2021. Cinedigm releases Q4 results.  Chris McGurk, Cinedigm CEO, said, “We reached a key inflection point during the fourth quarter, where we generated huge growth in our streaming business. Our streaming/digital business was 75% of…

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Uxin Limited (NASDAQ: UXIN) Reports Q4 2021 and Fiscal 2021 Financial Results

August 2, 2021

Uxin Limited (NASDAQ: UXIN) has filed its annual FY2021 report on Form 20-F with SEC for the year ended March 31. COVID-19 pandemic affected the used car market  The company stated in the report that the COVID-19 pandemic adversely affected its financial performance and operations. In addition, Uxin said that the pandemic had negatively impacted the used car industry, with disruptions affecting supply chains and infrastructure since January last year….

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