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SOS Limited - SOS STOCK NEWS

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

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 SOS'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 SOS's position in the market.

Rhea-AI Summary
SOS Limited (SOS) announced a securities purchase agreement to raise $7.85 million through the sale of American Depositary Shares (ADS) and warrants in a public offering. The offering includes 5,233,332 ADSs and warrants to purchase 10,466,664 ADSs with an exercise price of $1.50. The gross proceeds are estimated at $7.85 million before expenses, with the offering expected to close soon.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-30.52%
Tags
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Rhea-AI Summary
SOS Limited (SOS) provides an update on its North American Super-Computing Centers, showcasing impressive mining outputs and hosting revenues. With a total of 29.434 BTC mined and $5 million in hosting revenues, SOS demonstrates strong operational performance in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.09%
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none
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Rhea-AI Summary
SOS (NYSE: SOS) has announced the launch of 1,500 super-computing mining rigs in its Fort Stockton Texas Super-Computing Center, marking a significant step in its North American growth strategy. The company has entered into a hosting contract with Grand Flourish Inc. for the servers, showcasing its steady implementation of mining and hosting business in North America over the past two years. With the Texas Super-Computing Center capable of producing 42MW of power and potential capacity for 200MW, and the Wisconsin Super-Computing Center expected to reach a total power capacity of 25MW, SOS is currently operating at a total hash rate of 1.35 Exahash (EH/s) in North America.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.98%
Tags
none
Rhea-AI Summary
SOS Limited reports 2023 Interim financial results. Revenues decline due to economic slowdown and disposal of legacy business. GAAP net loss narrows to $11.0 million. U.S. Hosting Service sees growth. Cash balance slightly increased to $249.9 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.86%
Tags
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Rhea-AI Summary
SOS Limited has launched over 5,000 mining rigs and entered into a Hosting Agreement with BITMAIN. CEO expects monthly revenues of more than $1 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.19%
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none
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.25%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.78%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.81%
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none
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.44%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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SOS Limited

NYSE:SOS

SOS Rankings

SOS Stock Data

20.47M
74.78M
1.15%
0.05%
1.4%
All Other Nondepository Credit Intermediation
Finance and Insurance
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China
Qingdao