MicroAlgo Inc

MicroAlgo, Inc. operates as a holding company, which engages in the development and application of bespoke central processing algorithms. Its services include algorithm optimization, accelerating computing power without the need for hardware upgrades, lightweight data processing, and data intelligence. The company is headquartered in New York, NY.

Earnings data Q1 2023

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MicroAlgo, Inc. operates as a holding company, which engages in the development and application of bespoke central processing algorithms. Its services include algorithm optimization, accelerating computing power without the need for hardware upgrades, lightweight data processing, and data intelligence. The company was founded May 14, 2018 and is headquartered in New York, NY.

MicroAlgo Inc. NASDAQ: MLGO has captured the attention of investors and analysts with a 200% surge in its stock price. This dramatic increase coincided with a shareholder update and MicroAlgo's news of a significant investment by Masaya Otsuka.

MicroAlgo Inc.: What Caused the Stock to Surge Over 200%?

MicroAlgo (NASDAQ: MLGO ) stock is rocketing higher on Monday alongside news of Masaya Otsuka taking a 13.56% stake in the company. This comes from 700,000 shares of MLGO stock that were acquired by Otsuka.

Why Is MicroAlgo (MLGO) Stock Up 113% Today?

MicroAlgo (NASDAQ: MLGO ) stock is down on Wednesday but it's less to do with bad news and more to do with the shares coming off of a recent rally. Investors will note that shares of MLGO stock soared 669.9% during normal trading hours on Tuesday.

Why Is MicroAlgo (MLGO) Stock Down 32% Today?

Shares of MicroAlgo (NASDAQ: MLGO ) stock are surging higher by over 650% after the company announced that it would establish a micro-consciousness quantum research center in collaboration with WiMi (NASDAQ: WIMI ), its parent company. The research center will combine several disciplines, including physics, polymer chemistry and philosophy, in order to advance the study of consciousness.

5 Investors Betting on MicroAlgo (MLGO) Stock in Q1

MicroAlgo Inc (NASDAQ: MLGO) soared an eye-popping 500% today after announcing a new agreement with WiMi Hologram Cloud Inc (NASDAQ: WIMI). Details of MicroAlgo-WiMi collaboration The bespoke central processing algorithms company has teamed up with WiMi to “jointly establish a micro-conscious quantum research centre”, as per a press release on Tuesday.

MicroAlgo stock soared 500% on Tuesday: what happened?

MicroAlgo (NASDAQ: MLGO ) stock is up on Tuesday after the central processing algorithm solutions company announced a joint micro-consciousness quantum research center with WIMI (NASDAQ: WIMI ). MicroAlgo says that its joint research center with WIMI will cover physics, mathematics, medicine, genetics, computer science, biology, polymer chemistry, philosophy, psychology, sociology and other forms of research.

Why Is MicroAlgo (MLGO) Stock Up 162% Today?

WiMi Hologram Cloud

BEIJING , June 4, 2024 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO) (the "Company" or "MicroAlgo"), today announced that MicroAlgo and WiMi will jointly establish a micro-consciousness quantum research center. It will integrate physics, mathematics, medicine, genetics, computer science, biology, polymer chemistry, philosophy, psychology, sociology, and many other disciplines to form a comprehensive research institute based on various disciplines centered on consciousness.

MicroAlgo Inc. (NASDAQ: MLGO) Announced to Jointly Establish a Micro-Consciousness Quantum Research Center With WIMI (NASDAQ: WIMI)

BEIJING , June 4, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that WiMi and MicroAlgo will jointly establish a micro-consciousness quantum research center. It will integrate physics, mathematics, medicine, genetics, computer science, biology, polymer chemistry, philosophy, psychology, sociology, and many other disciplines to form a comprehensive research institute based on various disciplines centered on consciousness.

WIMI Announced to Jointly Establish a Micro-Consciousness Quantum Research Center With MicroAlgo

MicroAlgo (NASDAQ: MLGO) opened a whopping 60% up on Monday after announcing a “deep clustering algorithm based on multi-level feature fusion”. MicroAlgo stock still down materially year-to-date The new algorithm solves issues related to “data dimensionality disaster and feature redundancy, the central processing algorithm solutions company said in a press release today.

MicroAlgo stock opened 60% up on Monday: what happened?

MicroAlgo (NASDAQ: MLGO ) stock is on the rise Monday after the central processing algorithm solutions company announced its creation of a deep clustering algorithm based on multi-level feature fusion. According to a press release from MicroAlgo, its new deep clustering algorithm solves some problems present in current models.

Why Is MicroAlgo (MLGO) Stock Up 68% Today?

BEIJING , March 25, 2024 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO) (the "Company" or "MicroAlgo"), today announced that it developed a deep clustering algorithm based on multi-level feature fusion. Multi-level feature fusion refers to the fusion of different levels of data features to obtain a richer representation of the features and improve the clustering algorithm's ability to understand the data, resulting in better clustering results.

MicroAlgo Inc. Announced a Deep Clustering Algorithm Based on Multi-level Feature Fusion

BEIJING , Dec. 26, 2023 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO) (the "Company" or "MicroAlgo"), today announced a Bitcoin trading prediction algorithm based on machine learning and technical indicators. The algorithm combines deep learning, technical analysis and quantitative trading strategies to provide investors with more accurate and intelligent decision support.

MicroAlgo Inc. Announced Bitcoin Trading Prediction Algorithm Based on Machine Learning and Technical Indicators

MicroAlgo (NASDAQ: MLGO ) stock is rising higher on Wednesday after the company announced plans to establish a postgraduate training facility. According to a press release from MicroAlgo, its Chinese companies will be working together with Shenzhen University Semiconductor Manufacturing Research Institute and the Haikou Comprehensive Free Trade Zone Management Committee.

Why Is MicroAlgo (MLGO) Stock Up 55% Today?

BEIJING , Dec. 6, 2023 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO) (the "Company" or "MicroAlgo"), today announced that its Chinese companies, Shenzhen University Semiconductor Manufacturing Research Institute, and Haikou Comprehensive Free Trade Zone Management Committee plan to sign a cooperation agreement, namely "postgraduate training and practice base", marking the three parties contributing to the development of domestic innovation to make the talent ecological construction more perfect. Subsequently, the three parties will take the joint training of master's degree students, and school tutor pairing as an entry to expand the field of cooperation, considering the country's major needs and industrial advantages of Haikou, through close cooperation and integration of advantageous resources on all fronts, and to further promote the school to jointly declare the national local scientific research projects, and the construction of key laboratories and other cooperation.

MicroAlgo Inc. announced plans to establish a practice base to train graduate students for the university

BEIJING , Dec. 6, 2023 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO) (the "Company" or "MicroAlgo"), today announced that its Chinese companies, Shenzhen University Semiconductor Manufacturing Research Institute, and Haikou Comprehensive Free Trade Zone Management Committee plan to sign a cooperation agreement, namely "postgraduate training and practice base", marking the three parties contributing to the development of domestic innovation to make the talent ecological construction more perfect. Subsequently, the three parties will take the joint training of master's degree students, and school tutor pairing as an entry to expand the field of cooperation, considering the country's major needs and industrial advantages of Haikou, through close cooperation and integration of advantageous resources on all fronts, and to further promote the school to jointly declare the national local scientific research projects, and the construction of key laboratories and other cooperation.

MicroAlgo Inc. Announced That Its Company Will Establish A Postgraduate Training Practice Base

MicroAlgo (NASDAQ: MLGO ) stock is taking a beating on Monday after the company's shares recently saw a massive rally. Investors who watch MLGO stock no doubt noticed the company's shares closed out normal trading hours on Friday up 110.4%.

Why Is MicroAlgo (MLGO) Stock Down 29% Today?

MicroAlgo (NASDAQ: MLGO ) stock is rising higher on Friday after the central processing algorithm solutions company announced a new algorithm. According to its press release, the company has created a new knowledge-enhanced backtracking search algorithm.

Why Is MicroAlgo (MLGO) Stock Up 76% Today?

MicroAlgo announced new advancements for its search technologies. The company's stock is exploding following the news, but investors should be cautious.

Why MicroAlgo Stock Is Skyrocketing Today

BEIJING , Sept. 22, 2023 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO) (the "Company" or "MicroAlgo"), today announced that a knowledge-enhanced backtracking search algorithm was developed, while the research and development of evolutionary computational methods provided the technical basis for the emergence of the MicroAlgo's knowledge-enhanced backtracking search algorithm.

MicroAlgo Inc. Announced Knowledge-enhanced Backtracking Search Algorithm

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Why Some Investors Choose Penny Stocks Over Blue Chips

What could possibly have caused MicroAlgo (NASDAQ: MLGO ) stock to jump so high this morning? It likely comes down to a major announcement from the company.

Why Is MicroAlgo (NASDAQ:MLGO) Stock Up 110% Today?

NEW YORK , Jan. 13, 2023 /PRNewswire/ -- MicroAlgo Inc. (the "Company" or "MicroAlgo") (NASDAQ: MLGO) today announced that it has entered into a definitive agreement for the issuance and sale of 2,666,667 private placement units at $1.20 per unit, each unit consisting of one ordinary share of the Company, par value $0.001 per share, ("Ordinary Share") and one warrant entitling the holder to purchase one whole Ordinary Share at an exercise price of $1.35 per whole share. The gross proceeds to the Company from this private offering is approximately $3.2 million.

MicroAlgo Inc. Announces Enters Securities Purchase Agreement for up to US$3.2 Million

New York-based MicroAlgo (NASDAQ: MLGO ) which began trading yesterday, is soaring over 30% in pre-market trading this morning and is one of today's highest trending tickers on social media. A subsidiary of China-based WiMi Hologram Cloud (NASDAQ: WIMI ), MicroAlgo creates “central processing algorithms” that are supposed to help companies improve their customers' experience, recruit new customers and save money.

MLGO Stock Alert: What to Know as MicroAlgo Starts Trading

BEIJING , Dec. 13, 2022 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that VIYI Algorithm Inc., ("VIYI Algo" ), a company controlled by WiMi, has completed a merger with Venus Acquisition Corporation, a special purpose acquisition company (SPAC), through a public offering in a transaction valued at $400 million. VIYI Algo is valued at $400 million.

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