Black Friday Follow Throughs

November 29, 2024

DENVER, Colo., Nov 29, 2024 (247marketnews.com)- MoBot’s recent alerts involved; Unusual Machines (NYSE: UMAC) and VCI Global (NASDAQ: VCIG) are following through their separate Wednesday announcements, while Archer Aviation’s (NYSE: ACHR) run is a little longer, ParaZero (Nasdaq: PRZO) had news today, and Bolt Projects (NASDAQ: BSLK) is enjoying one of its best trading days since its August listing.

MoBot started alerting Unusual Machines (NYSE: UMAC) last week, at $3.864 and Unusual Machines hit a new 52-week high, $15.10, this morning, following Wednesday’s news that Unusual Machines added Donald Trump Jr.to its advisory board.

Allan Evans, CEO of Unusual Machines, stated, “Don Jr. joining our board of advisors provides us unique expertise we need as we bring drone component manufacturing back to America. He brings a wealth of experience and I look forward to his advice and role within the Company as we continue to build our business.”

Trump Jr. added, “The need for drones is obvious. It is also obvious that we must stop buying Chinese drones and Chinese drone parts. I love what Unusual Machines is doing to bring drone manufacturing jobs back to the USA and am excited to take on a bigger role in the movement,”

MoBot also alerted VCI Global (NASDAQ: VCIG) last week, at $1.945, and it reported, on Wednesday, that its subsidiary, V-Gallant, received a conditional Letter of Award valued at approximately US$24 million from Hexatoff Group for its proposed data center project in Enstek City, Malaysia. Hexatoff Group is registered with Malaysia’s Ministry of Finance Malaysia and holds a G7 construction license, the top grade in Malaysia.

Dato’ Victor Hoo, VCI Global’s CEO and Group Executive Chairman, commented, “With major global players like Microsoft and Google investing billions to establish cloud regions, and NVIDIA partnering with YTL Power International Berhad on a US$4.3 billion AI Cloud Data Center, Malaysia is undergoing an unprecedented transformation. Investments by companies such as Equinix and ST Telemedia further highlight the country’s attractiveness as a data center growth hub.

Archer Aviation (NYSE: ACHR) shares have been running since filings showed that Israel Englander, a leading billionaire hedge fund manager, is selling big chunks of tech heavyweights, Nvidia (NVDA) and Palantir (PLTR), and investing in the VTOL space by purchasing shares in Archer.

ParaZero Technologies (NASDAQ: PRZO) announced, this morning, that it received Design Verification Report (DVR) approval from the European Union Aviation Safety Agency (EASA) for its SafeAir M-300 Pro and SafeAir M-350 Pro parachute safety kits.

Bolt Projects (NASDAQ: BSLK) traded 40.66 million shares in this morning’s premarket session, which marks its highest volume day since it listed in August.

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