Why Did Waton Financial Stock Surge A Whopping 54% Today?
Synopsis
The U.S.-based company said that the expanded partnership with Chongqing Liangyun Zhijing Information Technology builds on Waton’s and Panda AI’s collaboration to co-organize the Global Competition for AI Agents in Securities Trading.
Waton Financial (WTF) shares jumped nearly 54% in early trading on Monday after the company announced an expanded strategic partnership with Chongqing Liangyun Zhijing Information Technology, also known as Panda AI, to explore the formation of a joint venture.
The U.S.-based company said that the expanded partnership builds on Waton’s and Panda AI’s collaboration to co-organize the Global Competition for AI Agents in Securities Trading.
Waton said it will leverage Panda AI’s artificial intelligence capabilities to enhance its proprietary DePearl core AI technology and AI agents for trading, seeking to drive adoption of automated trading strategies across institutional and retail segments globally.
Get updates to this developing story directly on Stocktwits.<
For updates and corrections, email newsroom[at]stocktwits[dot]com.<
Stay updated with all the latest Business News, including market trends, Share Market News, stock updates, taxation, IPOs, banking, finance, real estate, savings, and investments. Track daily Gold Price changes, updates on DA Hike, and the latest developments on the 8th Pay Commission. Get in-depth analysis, expert opinions, and real-time updates to make informed financial decisions. Download the Asianet News Official App from the Android Play Store and iPhone App Store to stay ahead in business.