Streetbeat News

GMM

Global Mofy Metaverse Limited

https://www.globalmofy.cn

Industry

Information Technology Services

Global Mofy Metaverse Limited, through its subsidiaries, provides virtual content production, digital marketing, and digital assets development services for the metaverse industry in the People's Republic of China. It offers services for visual effect design, content development, production, and integration based on customers specific needs. The company also provides advertisement production and promotion services to customers with integrated digital marketing services, including content planning, technical, content production assistance, and omni-channel online placement services. In addition, it grants use right of digital assets to customers on specific needs across various applications, such as movies, TV series, AR/VR, animation, advertising, and gaming. Global The company was incorporated in 2021 and is based in Beijing, the People's Republic of China.

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Global Mofy Metaverse Limited (NASDAQ:GMM) announced that its CEO, Mr. Haogang Yang, participated in SIGGRAPH 2024 in Denver, Colorado, upon invitation by NVIDIA China. The event provided opportunities to engage with industry leaders and explore advancements in generative AI and computer graphics.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 12:44 pm

Global Mofy Metaverse (NASDAQ:GMM) reported a significant increase in its H1 earnings per share (EPS) to $0.37, up from $0.02 year-over-year (YoY). Sales also rose to $19.90 million, a 55.47% increase from $12.80 million YoY.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 12:07 pm

The article highlights the pre-market movements of 12 communication services stocks on Thursday. Notable gainers include DouYu Intl Hldgs (DOYU), TuanChe (TC), Paramount Global (PARA, PARAA), HUYA (HUYA), and Urban One (UONE). Significant losers include Leafly Holdings (LFLY), Hanryu Holdings (HRYU), Loop Media (LPTV), Global Mofy Metaverse (GMM), Motorsport Games (MSGM), and Blue Hat Interactive (BHAT).

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 2:59 pm

Global Mofy Metaverse shares are trading higher after its subsidiary, Global Mofy Technology, announced a Letter of Intent (LOI) to launch a $69 million fund with strategic partners to foster growth in the AI digital economy and entertainment sectors.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 12:13 pm

Global Mofy Metaverse has announced a $69 million fund aimed at boosting growth in the AI, digital economy, and entertainment sectors.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 12:05 pm

In Monday's after-market session, several Communication Services stocks experienced significant movements. AMC, Surgepays, and BuzzFeed reported gains following their Q1 earnings reports, while Antelope Ent Hldgs, Cineverse, and Integral Ad Science saw declines, with earnings reports influencing several stocks' performances.

Portfolio Pulse from Benzinga Insights

May 13, 2024 | 8:31 pm

In Thursday's pre-market session, several communication services stocks showed notable movements. Criteo (CRTO) and MediaAlpha (MAX) led the gainers with significant increases following their Q1 earnings reports. Other gainers included Chicken Soup for the Soul (CSSEP), Grom Social Enterprises (GROM), IAC (IAC), and Bilibili (BILI). On the losing side, Blue Hat Interactive (BHAT) and Global Mofy Metaverse (GMM) saw declines, along with MediaCo Holding (MDIA), HWH International (HWH), Marcus (MCS), and Anghami (ANGH), with some reacting to earnings reports.

Portfolio Pulse from Benzinga Insights

May 02, 2024 | 12:07 pm

H&E Equipment Services, Inc. (HEES) shares fell by 18.2% following mixed Q1 results, missing EPS estimates but beating sales expectations. Other stocks experienced significant movements, with notable gainers including Akili, Inc. (AKLI) and losers like Lichen China Limited (LICN). Various companies reported financial results, strategic partnerships, and other business updates affecting their stock prices.

Portfolio Pulse from Avi Kapoor

April 30, 2024 | 5:24 pm

The Nasdaq Composite fell over 100 points amid lower U.S. stock trading, with Coca-Cola Company reporting better-than-expected Q1 results. Health care shares slightly rose, while energy shares dropped significantly. Akili, AGBA Group Holding, and Global Mofy Metaverse saw their stocks surge on positive developments, whereas Chegg, Vince Holding, and Medifast experienced significant declines following their financial results.

Portfolio Pulse from Avi Kapoor

April 30, 2024 | 4:34 pm

Global Mofy Metaverse Limited (NASDAQ:GMM) shares surged after announcing a partnership between its subsidiary, Gauss AI, and Heartdub to develop Gausspeed, an AIGC platform for digital entertainment. Leveraging Nvidia technology, this collaboration aims to transform film production and content creation. The stock's significant trading volume increase and current overbought status (RSI of 75.3) highlight investor interest and market reaction to this news.

Portfolio Pulse from Erica Kollmann

April 30, 2024 | 4:19 pm

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