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Datasea Inc - DTSS STOCK NEWS

Welcome to our dedicated news page for Datasea (Ticker: DTSS), a resource for investors and traders seeking the latest updates and insights on Datasea.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Datasea's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Datasea's position in the market.

Rhea-AI Summary
Datasea Inc. (NASDAQ: DTSS) signed a $30 million 5G AI Multimodal Communication Cooperation Agreement with Xiamen Star Miracle Information Technology Co., , supporting a revenue guidance of $86 million, a 1,128% increase year-over-year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.83%
Tags
AI
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Rhea-AI Summary
Datasea Inc. (Nasdaq: DTSS) announces a Manufacturing Cooperation Agreement with Broadway Precision Technology to produce upgraded hi-tech intelligent deodorization and disinfection products. The agreement aims to accelerate production, support ongoing negotiations with key clients, and enter the US and China markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.51%
Tags
none
-
Rhea-AI Summary
Datasea Inc. (NASDAQ: DTSS) announces plans to enhance its acoustic business by partnering with new global manufacturing partners and upgrading key products. The company aims to start production and market deployment soon, targeting a revenue of approximately $86 million for fiscal year 2024, a remarkable 1,128% year-over-year increase. CEO Ms. Zhixin Liu highlights the importance of these steps in driving financial performance, especially with the expansion into the U.S. market. Datasea's innovative acoustic technology focuses on ultrasonic sterilization to combat viruses and prevent infections, with a range of flagship products for various applications. The company is also venturing into sound industry and sound agriculture sectors, exploring the vast market potential of sound wave technology in diverse industries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.45%
Tags
none
Rhea-AI Summary
Datasea Inc. (DTSS) issues guidance projecting a revenue of $86.0 million for the fiscal year ending June 30, 2024, marking a significant 1,128% increase from the previous year. The company's CEO highlights the positive outlook for both Acoustics Intelligence and 5G-AI multimodal communication segments, emphasizing technological innovation and AI-driven interactions to drive long-term shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
63.77%
Tags
none
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Rhea-AI Summary
Datasea Inc. forms joint venture with Yiyun Technology to enhance 5G multimodal communication services using AI, aiming for significant revenue growth by 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-18.13%
Tags
none
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Rhea-AI Summary
Datasea Inc. announces a new Cooperation Agreement with Hangzhou Chongda Technology Co., Ltd. to boost sales of 5G multimodal communication services in China, with an estimated value of $30 million. The agreement aims to expand customer base and revenue generation opportunities in the 5G market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.35%
Tags
none
Rhea-AI Summary
Datasea Inc. (NASDAQ: DTSS) reports strong financial performance for the second quarter of 2024, with revenue reaching $11.3 million, totaling $18.2 million for the first half of the fiscal year. The company attributes this growth to its 5G multimodal communication business in China, signing significant service agreements. Datasea focuses on customer needs, product optimization, and technology advantages. The company also expands into the US market with air sterilization products, pursuing intellectual property rights and online platform establishment. Datasea aims to meet global demand for healthy living solutions through advanced acoustics technology integrated with AI across various products for business and consumer applications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-28.64%
Tags
earnings
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Rhea-AI Summary
Datasea Inc. (DTSS) has regained compliance with NASDAQ's minimum bid price requirement, with the closing bid price of the Company's common stock at $1.00 per share or greater for the last 10 consecutive business days. This positive development signifies the company's adherence to NASDAQ's regulations and its ability to maintain a stable stock price.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.61%
Tags
none
-
Rhea-AI Summary
Datasea Inc. (DTSS) expects a revenue of approximately $18.2 million for the first six months ended December 31, 2023, marking a significant increase of 1,037.5% compared to the same period in the previous fiscal year. The company's 5G messaging business is showing promising growth, and its Acoustic Intelligence business is gaining traction in the marketplace. However, the preliminary results are subject to change as the company finalizes its financial statements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.43%
Tags
none
Rhea-AI Summary
Datasea Inc. (NASDAQ: DTSS) has announced a marketing promotion and sales cooperation agreement with Meglio Interiors LLC to expand its footprint in the U.S. The agreement aims to develop, promote, and distribute Datasea's intelligent acoustics products in the U.S. The initial term of the agreement is two years, and Meglio will serve as one of the primary distributors of the products. Datasea plans to establish an assembly line for its products in the U.S. in the near future. The CEO, Ms. Zhixin Liu, believes that the agreement will accelerate sales growth and introduce home health products into the U.S. market, addressing everyday health and living needs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-20.28%
Tags
none
Datasea Inc

Nasdaq:DTSS

DTSS Rankings

DTSS Stock Data

19.54M
1.30M
43.39%
5.45%
4.56%
Computer Storage Device Manufacturing
Manufacturing
Link
China (Mainland)
Beijing

About DTSS

datasea has an ad-hoc query and reporting engine that uses a simple, search-like interface. it finds data across multiple data sources and generates snapshot reports in one step, as easy as using google. datasea's technology works by discovering data relationships across both structured and unstructured data sources, from relational databases to spreadsheets to email and notes. it can also support natural language. we build custom components for software environments. datasea can be used in a wide variety of applications, from business software to healthcare to government intelligence. some markets we currently serve are crm/erp/bi applications, enterprise search, and custom development consultants.