What happens to stocks if AI loses momentum?
NEW YORK - Hyperscale Data, Inc. (NYSE American:GPUS), a micro-cap technology company with a market value of $21.17 million, announced Thursday the launch of OnlyBulls, a mobile application that provides users with an AI-powered market assistant for portfolio management. According to InvestingPro analysis, the company currently shows weak financial health with significant debt obligations.
The app, developed by askROI, Inc., a wholly owned indirect subsidiary of Hyperscale Data, is now available on both Apple App Store and Google Play Store. According to the company, the application offers 24/7 portfolio monitoring and financial insights. This launch comes as the company faces challenging market conditions, with its stock down nearly 90% over the past year. InvestingPro subscribers have access to 15 additional key insights about Hyperscale Data’s financial position.
"OnlyBulls gives you your own AI-powered financial agent that works for you around the clock," said Milton "Todd" Ault III, Executive Chairman of Hyperscale Data, in a press release statement.
The company states the app features include real-time monitoring with AI-driven notifications based on market trends, news aggregation, portfolio analysis, and quoting technology.
Hyperscale Data emphasized that OnlyBulls provides informational content only and should not be considered investment advice. The company also noted that the app does not recommend specific investments.
The release comes as Hyperscale Data continues to develop its AI-driven financial technology portfolio. The company currently operates in multiple sectors through its subsidiaries, including data center operations and digital asset mining through Sentinum, Inc., and various other businesses through Ault Capital Group, Inc.
Hyperscale Data has previously announced plans for the divestiture of Ault Capital Group, which it expects to complete in the first quarter of 2026.
In other recent news, Hyperscale Data, Inc. has been actively engaging in financial and strategic initiatives. The company reported a reduction of its outstanding consolidated non-affiliated debt by approximately $25 million, achieved through repayments and strategic conversions, as it prepares to expand its data center campus in Michigan. Additionally, Hyperscale Data issued over 3 million shares of its Class A common stock through conversions of preferred stock and a convertible note. This move was detailed in a filing with the Securities and Exchange Commission.
Hyperscale Data’s subsidiary, Sentinum, Inc., acquired 8,150 XRP tokens for $25,000, adding to its existing cryptocurrency holdings. The company clarified that its planned acquisition of up to $10 million in XRP will remain on its balance sheet and not be owned by its subsidiary, Ault Capital Group, as part of its strategy to focus on becoming a "pureplay data center business." Furthermore, Hyperscale Data’s askROI app has surpassed 700,000 cumulative downloads, with plans to launch a fully native mobile version featuring new financial tools and AI agents. These developments highlight the company’s efforts to strengthen its financial position and expand its technological capabilities.
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