24/7 Market News Snapshot 19 May, 2025 – Datasea Inc. Common Stock (NASDAQ:DTSS)
DENVER, Colo., 19 May, 2025 (www.247marketnews.com) – (NASDAQ:DTSS) are discussed in this article.
Datasea Inc. (NASDAQ:DTSS), a leader in the development of advanced 5G and AI solutions, is currently witnessing a bullish trend in the stock market, trading at $2.80, marking a 7.25% increase from its previous close of $2.61. This upswing reflects a strong investor sentiment and heightened market interest, with trading volume reaching 2.26 million shares. Market analysts suggest that monitoring key technical indicators, such as moving averages and the relative strength index (RSI), will be crucial in determining the sustainability of this upward trajectory.
In a significant strategic move, Datasea has secured two substantial service contracts totaling up to $100 million for the upcoming year, reinforcing its growth potential. The agreements, with existing partner Qingdao Ruizhi Yixing Information Technology Co., Ltd. and new client Qingdao Dong’an Information Technology Co., Ltd., emphasize Datasea’s commitment to providing innovative 5G-AI digital services tailored to the specific needs of its clientele. The contracts are designed to deliver an array of solutions, including advanced data top-up services and AI-enhanced communication tools.
CEO Zhixin Liu expressed enthusiasm about these developments, highlighting the contracts as a testament to the company’s ability to retain valued clients while simultaneously expanding its customer base. Liu pointed out that these agreements are instrumental in achieving their projected revenue target of $90 million for fiscal 2025 and preparing for further growth into fiscal 2026.
As Datasea continues to enhance its portfolio of cutting-edge 5G multimodal services—including AI-driven interaction platforms and targeted marketing systems—it is well-positioned to strengthen its market leadership in the rapidly evolving digital landscape. The company’s dedication to innovation, coupled with strategic partnerships, affirms its role as a key player in advancing enterprise solutions that meet the demands of today’s digital transformation.
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- MoBot alert highlights: NASDAQ: PTIX, NASDAQ: FAAS, NASDAQ: VSTE, NASDAQ: DTSS, NASDAQ: NVAX (05/19/25 08:00 AM)