& RYSE
Good day, 360!
Here are some of our top movers today. And don’t forget to join us in Market Masters – Jeff Williams is LIVE at 9AM EST (every day!) and Jeff Bishop will be running down the Markets today during his Bullseye session at 11AM EST (all are welcome 👋). Be the best prepared trader on the Street!
FOCUS LIST🔎
MGRM – Up over 12% in pre after announcing FDA 510(k) clearance for the Monogram mBôsTM TKA System
NAAS – Up over 7% in pre after announcing it has joined forces with Xiaomi Auto to enhance smart EV charging ecosystem
ANTE – Up over 7% in the pre-market after announcing entry into non-binding investment letter of intent with LLP STH Corp to develop a 130MW liquid-cooled Bitcoin mining farm in Kazakhstan
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HOTLIST🔥
MGRM – Up over 12% in pre after announcing FDA 510(k) clearance for the Monogram mBôsTM TKA System
Monogram Technologies Inc. (MGRM) is an AI-driven robotics company focused on improving human health with an initial focus on orthopedic surgery.
In the pre-market this morning, the company announced that the U.S. Food and Drug Administration (FDA) has granted 510(k) clearance for its Monogram mBôs™ TKA System. This determination means that Monogram may market the device, subject to the general controls provisions of the Act.
The Monogram mBôs TKA System is designed to deliver uncompromised safety, efficiency, and accuracy in robotic-assisted total knee arthroplasty. Engineered with scalability in mind, the system is architected to eventually support multiple orthopedic applications beyond knee replacement, positioning it as a platform for future expansion.
Shares of MGRM traded up over 12% in the pre-market in reaction to the news.
The first target for bulls is the pre-market high at $2.69.
Beyond that, $2.85, $2.95, $3.40 and $3.60 come into play.
Below $2.69, targets to the downside are $2.45, $2.40, a gap fill at $2.33 and then $2.20.
NAAS – Up over 7% in pre after announcing it has joined forces with Xiaomi Auto to enhance smart EV charging ecosystem
NaaS Technology Inc. (NAAS) provides electric vehicle (EV) charging services in China.
In the pre-market this morning, the company announced a strategic partnership with Xiaomi Auto, a subsidiary of Xiaomi Group (HKEX: 1810).
Through this collaboration, two companies will work together to enhance interconnectivity in EV charging, elevate user experience, and drive innovation in intelligent mobility. By integrating NaaS’s extensive charging network with Xiaomi Auto, the partnership will provide seamless, efficient, and intelligent charging solutions for Xiaomi EV owners nationwide.
Shares of NAAS traded up over 7% in the pre-market in reaction to the news.
The $1.08 area acted as support in the pre-market and will be an important level to watch.
Above it, targets to the upside are $1.18, $1.22, $1.38 and then the pre-market high at $1.46. Beyond that, $1.70 and $1.95 come into play.
Below $1.08, targets to the downside are $1.02, $1 and then $0.96.
*sponsored by RYSE
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RYSE’s patented technology is making waves in a booming market—and you can invest at
$1.90/share before their next growth phase.
Past performance is not indicative of future results. Email may contain forward-looking statements. See US Offering for details. Informational purposes only.
ANTE – Up over 7% in the pre-market after announcing entry into non-binding investment letter of intent with LLP STH Corp to develop a 130MW liquid-cooled Bitcoin mining farm in Kazakhstan
AirNet Technology Inc. (ANTE) together with its subsidiaries, operates out-of-home advertising networks in the People’s Republic of China.
In the pre-market this morning, the company announced the execution of a non-binding Investment Letter of Intent (“LOI”) with LLP STH Corp, a Kazakstan company. This LOI creates the initial step of planned investment in the 130MW liquid-cooled Bitcoin mining farm project in Kazakhstan.
The planned project involves the investment in and construction of a 70MW national grid-powered facility and a 60MW natural gas self-generation facility, both utilizing liquid-cooling technology to enhance operational efficiency and extend equipment lifespan.
The parties are yet to agree on terms, structure and timing of the investment. The LOI is non-binding and the parties are not obligated to any transaction. AirNet aims to conduct full legal and business due diligence of LLP STH Corp.
Shares of ANTE, traded up over 7% in the pre-market in reaction to the news.
The $0.85 area acted as support in the pre-market and will be an important level to watch.
Above it, targets to the upside are $1, $1.06 and then the pre-market high at $1.30.
Below $0.85, targets to the downside are $0.8134, $0.70, $0.60 and then $0.55.
MARKET NEWS 📰
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