Blue Hat Interactive reports FY24 revenue $18.72M vs $73.69 M last year
Strategic Gold Acquisition: The company successfully procured 1 ton of physical gold for approximately $66.49 million in August 2024, establishing partnerships in the gold sector, despite a 74.59% decrease in total revenues due to business transformation.
Operational Improvement: Blue Hat achieved a 53% growth in total assets and reduced its net loss by 56%, indicating enhanced operational quality as it transitions to a new business model.
Trade with 70% Backtested Accuracy
Analyst Views on BHAT
About BHAT
About the author
Meta Platforms Reports Strong Q4 Earnings, Shares Surge
- Strong Financial Results: Meta reported fourth-quarter revenue of $59.89 billion, exceeding analyst expectations of $58.30 billion, indicating robust performance in the recovering advertising market, which is likely to drive further stock price increases.
- Earnings Growth: The company posted adjusted earnings of $8.88 per share, surpassing the forecast of $8.16 per share, reflecting significant improvements in cost control and operational efficiency, thereby boosting investor confidence.
- Stock Price Surge: Following the earnings report, Meta's shares jumped 8.2% in pre-market trading to $723.70, indicating a positive market sentiment towards the company's growth prospects, which may attract more investor interest.
- Optimistic Sales Guidance: Meta's first-quarter sales guidance exceeded market expectations, further solidifying its leadership position in the digital advertising space and suggesting continued benefits from the recovery in advertising spending.
S&P 500 Futures Rise in Pre-Market Trading; Blue Hat Interactive and Sunoco Take the Lead
Market Opening: U.S. stock markets are set to open in two hours.
Blue Hat Interactive Performance: Blue Hat Interactive Entertainment Technology (BHAT) saw a 9.5% increase in pre-market trading.
Sunoco L.P. Performance: Sunoco L.P. (SUN) experienced a 7.4% rise in pre-market trading.
Overall Market Sentiment: The pre-market gains indicate positive sentiment among investors ahead of the market opening.
S&P 500 Futures Drop in Pre-Market Session; Corcept Therapeutics and Hecla Mining Underperform
Market Opening: U.S. stock markets are set to open in two hours.
Blue Hat Interactive Performance: Blue Hat Interactive Entertainment Technology (BHAT) saw a 6.9% increase in pre-market trading.
Radnet Inc. Performance: Radnet Inc. (RDNT) experienced a 2.8% rise in pre-market trading.
Overall Market Sentiment: The pre-market gains indicate a positive sentiment ahead of the market opening.
U.S. Markets Declined on Monday; Blue Hat Interactive Experienced the Largest Drop
- U.S. Stock Market Performance: Stock indexes in the U.S. experienced declines on Monday, with the overall market dropping by 0.51%.
- Specific Index Movements: The S&P 500 fell by 0.50%, while the Dow Jones Industrial Average decreased by 0.35%.
S&P 500 Futures Drop in Pre-Market Trading; Cheniere Energy Partner and UMB Financial Take the Lead
Cheniere Energy Partners Performance: Cheniere Energy Partners L.P. (CQP) saw a 9.2% increase in pre-market trading.
UMB Financial Corp Performance: UMB Financial Corp. (UMBF) experienced a 4.3% rise in pre-market trading.
Blue Hat Establishes Malaysian Subsidiary, Enters Gold Market
- Market Entry: Blue Hat officially establishes its gold subsidiary in Penang, marking a full-scale entry into the Southeast Asian gold market, expected to leverage Malaysia's strong gold demand and market potential.
- Demand Growth: According to the World Gold Council, Malaysia's gold investment demand reached 2.5 tonnes in Q1 2025, a 34% year-on-year increase, indicating the market's resilience and growth potential even in a high-price environment.
- Industry Outlook: The Malaysian gold jewelry retail market is projected to grow at a CAGR of 6.3%, increasing from RM 18.3 billion in 2025 to RM 23.4 billion in 2029, reflecting strong development prospects in the region.
- Policy Advantages: Malaysia's tax-exempt policies on gold products significantly reduce transaction costs, enhancing its competitiveness as a global hub for gold trade and investment.
Meta Platforms Reports Strong Q4 Earnings, Shares Surge
- Strong Financial Results: Meta reported fourth-quarter revenue of $59.89 billion, exceeding analyst expectations of $58.30 billion, indicating robust performance in the recovering advertising market, which is likely to drive further stock price increases.
- Earnings Growth: The company posted adjusted earnings of $8.88 per share, surpassing the forecast of $8.16 per share, reflecting significant improvements in cost control and operational efficiency, thereby boosting investor confidence.
- Stock Price Surge: Following the earnings report, Meta's shares jumped 8.2% in pre-market trading to $723.70, indicating a positive market sentiment towards the company's growth prospects, which may attract more investor interest.
- Optimistic Sales Guidance: Meta's first-quarter sales guidance exceeded market expectations, further solidifying its leadership position in the digital advertising space and suggesting continued benefits from the recovery in advertising spending.
S&P 500 Futures Rise in Pre-Market Trading; Blue Hat Interactive and Sunoco Take the Lead
Market Opening: U.S. stock markets are set to open in two hours.
Blue Hat Interactive Performance: Blue Hat Interactive Entertainment Technology (BHAT) saw a 9.5% increase in pre-market trading.
Sunoco L.P. Performance: Sunoco L.P. (SUN) experienced a 7.4% rise in pre-market trading.
Overall Market Sentiment: The pre-market gains indicate positive sentiment among investors ahead of the market opening.
S&P 500 Futures Drop in Pre-Market Session; Corcept Therapeutics and Hecla Mining Underperform
Market Opening: U.S. stock markets are set to open in two hours.
Blue Hat Interactive Performance: Blue Hat Interactive Entertainment Technology (BHAT) saw a 6.9% increase in pre-market trading.
Radnet Inc. Performance: Radnet Inc. (RDNT) experienced a 2.8% rise in pre-market trading.
Overall Market Sentiment: The pre-market gains indicate a positive sentiment ahead of the market opening.
U.S. Markets Declined on Monday; Blue Hat Interactive Experienced the Largest Drop
- U.S. Stock Market Performance: Stock indexes in the U.S. experienced declines on Monday, with the overall market dropping by 0.51%.
- Specific Index Movements: The S&P 500 fell by 0.50%, while the Dow Jones Industrial Average decreased by 0.35%.
S&P 500 Futures Drop in Pre-Market Trading; Cheniere Energy Partner and UMB Financial Take the Lead
Cheniere Energy Partners Performance: Cheniere Energy Partners L.P. (CQP) saw a 9.2% increase in pre-market trading.
UMB Financial Corp Performance: UMB Financial Corp. (UMBF) experienced a 4.3% rise in pre-market trading.
Blue Hat Establishes Malaysian Subsidiary, Enters Gold Market
- Market Entry: Blue Hat officially establishes its gold subsidiary in Penang, marking a full-scale entry into the Southeast Asian gold market, expected to leverage Malaysia's strong gold demand and market potential.
- Demand Growth: According to the World Gold Council, Malaysia's gold investment demand reached 2.5 tonnes in Q1 2025, a 34% year-on-year increase, indicating the market's resilience and growth potential even in a high-price environment.
- Industry Outlook: The Malaysian gold jewelry retail market is projected to grow at a CAGR of 6.3%, increasing from RM 18.3 billion in 2025 to RM 23.4 billion in 2029, reflecting strong development prospects in the region.
- Policy Advantages: Malaysia's tax-exempt policies on gold products significantly reduce transaction costs, enhancing its competitiveness as a global hub for gold trade and investment.
