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Not sure why market react so much with just a joint agreement announcement.

Why Did MicroAlgo Stock Soar 670% on Tuesday?

MicroAlgo(MLGO) stock is up alongside a joint agreement with WIMI (WIMI).The two are building a micro-consciousness quantum research center together.That news brings with it heavy trading of MLGO shar

Why Did MicroAlgo Stock Soar 670% on Tuesday?

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It will do so through the four following core research directions:</p><ul style=\"\"><li><p>Quantum computing and consciousness model.</p></li><li><p>Brain-computer interface technology.</p></li><li><p>Big data AI and quantum consciousness.</p></li><li><p>Quantum-driven generative consciousness.</p></li></ul><p>MicroAlgo said the following about the collaboration with WIMI in a news release:</p><blockquote><p><em>“From the vision of globalization, the center will integrate the world’s top resources and gather talents from the world, and is committed to becoming an international innovation platform for quantum information science, artificial intelligence, neuroscience and biology, and to lead towards a future where artificial intelligence and quantum science will go hand in hand.”</em></p></blockquote><h2 id=\"id_3957757528\" style=\"text-align: start;\">MLGO Stock Movement on Tuesday</h2><p style=\"text-align: start;\">MLGO shares are seeing heavy trading on Tuesday alongside this news. That has 186 million shares of the stock changing hands. This is well above its daily average trading volume of about 759,000 shares.</p><p style=\"text-align: start;\">MLGO stock closed up 669.9% on Tuesday.</p></body></html>","source":"investorplace_stock_picks","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Did MicroAlgo Stock Soar 670% on Tuesday?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Did MicroAlgo Stock Soar 670% on Tuesday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-05 10:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2024/06/why-is-microalgo-mlgo-stock-up-162-today/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>MicroAlgo (MLGO) stock is up alongside a joint agreement with WIMI (WIMI).The two are building a micro-consciousness quantum research center together.That news brings with it heavy trading of MLGO ...</p>\n\n<a href=\"https://investorplace.com/2024/06/why-is-microalgo-mlgo-stock-up-162-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MLGO":"MicroAlgo, Inc.","WIMI":"微美全息"},"source_url":"https://investorplace.com/2024/06/why-is-microalgo-mlgo-stock-up-162-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170651349","content_text":"MicroAlgo (MLGO) stock is up alongside a joint agreement with WIMI (WIMI).The two are building a micro-consciousness quantum research center together.That news brings with it heavy trading of MLGO shares on Tuesday.Source: Vintage Tone / Shutterstock.comMicroAlgo (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. It will do so through the four following core research directions:Quantum computing and consciousness model.Brain-computer interface technology.Big data AI and quantum consciousness.Quantum-driven generative consciousness.MicroAlgo said the following about the collaboration with WIMI in a news release:“From the vision of globalization, the center will integrate the world’s top resources and gather talents from the world, and is committed to becoming an international innovation platform for quantum information science, artificial intelligence, neuroscience and biology, and to lead towards a future where artificial intelligence and quantum science will go hand in hand.”MLGO Stock Movement on TuesdayMLGO shares are seeing heavy trading on Tuesday alongside this news. That has 186 million shares of the stock changing hands. This is well above its daily average trading volume of about 759,000 shares.MLGO stock closed up 669.9% on Tuesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":211,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":63,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}