Hut 8 Corp is a Canadian company specializing in digital asset mining, notably Bitcoin, and offering high-performance computing infrastructure solutions. Founded in 2017 and based in Miami, Florida, Hut 8 not only mines cryptocurrencies but also provides cloud, colocation, and computing services to enterprise clients, leveraging its extensive computing infrastructure sites across Canada.
Sam Altman just called out the AI compute buildout as heading toward unsustainable territory, and six publicly traded names are squarely in the crosshairs. Their disclosed contracts tell one story, but their…
AI-pivoting Bitcoin miners are selling off hard on Friday, but the damage is hitting each stock in a very specific order that reveals exactly who has been buying and why they are…
A Wall Street Journal bombshell on hidden AI commitments sent neocloud stocks into a morning freefall, but the story behind who recovered fast and who kept falling reveals deeper fault lines in…
Markets turned south again Wednesday as surging yields and geopolitical fears rattled investors, but Wall Street analysts spotted opportunity and danger in names like Baidu, Klarna, Honeywell Aerospace, and Dollar Tree that…
NVIDIA just corralled Wall Street's biggest names behind a half-trillion-dollar AI financing push, and four battered neocloud stocks are suddenly surging. Here is what the deal means for companies sitting on tens…
Mark Cuban thinks AI's infrastructure frenzy is setting up investors for a painful reckoning, and one $100 billion mega-campus in Utah is already discovering what happens when ambition collides with state politics,…
Danielle Liverance A policy vote in Washington, a Bitcoin breakout, and a surprise AI angle are pulling crypto stocks in three different directions at once, and not all of the momentum points to the…
A surprise lease announcement just sent one battered energy infrastructure stock soaring 10% while dragging its crypto mining peers along for the ride, even as Bitcoin itself slipped lower.
A CleanSpark data center lease so large it dwarfs the company's own market cap sent shares surging Tuesday, while every peer miner sat frozen on the sidelines, raising one urgent question about…
Pre-Market Stock Futures: Futures are trading mixed as we prepare to finish the last full week of the second quarter. We finished a wild holiday-shortened trading week last Thursday, as Friday was…
On a recent episode of The Pomp Podcast, investor Jordi Visser relayed an admission from Anthropic CEO Dario Amodei that reframes how to think about AI infrastructure demand. Anthropic, the maker of…
Thomas Richmond Shares of IREN Limited (NASDAQ:IREN) are climbing Friday, extending a powerful run after the company unveiled a transformational partnership with NVIDIA (NASDAQ:NVDA | NVDA Price Prediction). IREN stock changed hands near $61, building…
Canaccord raised its price target on Hut 8 (NASDAQ:HUT) stock to $130 from $70, keeping its Buy rating. The price target hike, delivered May 7, nearly doubles the firm’s prior valuation and…
David Moadel Shares of Hut 8 (NASDAQ:HUT) are surging 35% in midday trading Wednesday. Riot Platforms (NASDAQ:RIOT | RIOT Price Prediction) stock is climbing 13% in tandem, as investors reprice former Bitcoin mining pure-plays…
FINX is down nearly 17% this year while CIBR has lost about 9%. Both funds target the digital economy, but they behave very differently when rates rise and markets get choppy. Global…
