A 12.4% slide to $5.42 takes roughly $300 million off the $2.5 billion miner in a single session. At that size, one day undoes weeks of grind for anyone holding.
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Duolingo closed up 26.8% at $162.31, the biggest move in a 383-stock priority universe that saw double-digit swings on both ends. Datadog, Vertiv, CVS and Quanta all gave up more than 12% in the same session.
A 14% rip off the $7.12 open to $8.12 adds roughly a seventh to a $3.4 billion market cap in one session. Moves this size rarely settle quietly, so keep an eye on whether the gain holds into the next open.
Four of Monday's five biggest gainers were bitcoin miners and data center names, led by Cipher Digital's 17.7% close. Shopify ran the other way with an 8.3% drop, the session's sharpest decline across 381 priority stocks.
A 12.99% intraday rip to $8.05 adds roughly a tenth to a $3.3 billion market cap in a single session. Moves this size rarely hold their full gain into the close, so keep an eye on where it settles.
Fabrinet opened 13.32% higher at $355.82, the widest single move across 382 priority names this morning. Thomson Reuters anchors the other end, down 9.84%, with Shopify close behind.
Bitcoin mining revenue fell to $20.8 million from $71.7 million a year ago, missing expectations, and the first HPC lease income from Black Pearl covered little of the gap. Barber Lake's amended 20-year lease adds contracted rent, but data halls do not start landing until Q4 2026.
1,301 companies report next week, and Monday alone front-loads the read on consumer, travel and chips before the open: Estée Lauder, Marriott, Fox, Check Point and Tower Semiconductor. With misses getting punished harder than usual this season, positioning ahead of Monday morning matters.
- CHKPCheck Point Software Technologies Ltd.Mon Nov 2Before open
- TEMTempus AI, Inc. Mon Nov 2Before open
- ELThe Estée Lauder Companies Inc.Mon Nov 2Before open
- CIFRCipher Mining IncMon Nov 2Before open
- ETREntergy CorporationMon Nov 2Before open
- MARMarriott International, Inc.Mon Nov 2Before open
- NSSCNAPCO Security Technologies, Inc.Mon Nov 2Before open
- AKRAcadia Realty TrustMon Nov 2Before open
- FOXAFox CorporationMon Nov 2Before open
- PEGPublic Service Enterprise Group IncorporatedMon Nov 2Before open
- TSEMTower Semiconductor Ltd.Mon Nov 2Before open
- ALXAlexanders Inc.Mon Nov 2Before open
- AXSMAxsome Therapeutics, Inc.Mon Nov 2Before open
- CHHChoice Hotels International, Inc.Mon Nov 2Before open
- CNACNA Financial CorporationMon Nov 2Before open
Cipher Digital carved a new 52-week low at $7.71, 2.9% under the floor it set just three sessions ago. The $3.2 billion miner is now a quarter of the $29.18 it fetched at its one-year peak.
Defense and big pharma own the top of the board at the open, led by Northrop Grumman up 5.36%, with Eli Lilly, Bristol-Myers Squibb and Merck also higher. The pain is concentrated in crypto miners and optics names, where IREN leads the decline.
CIFR Coverage
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