Bitfarms, now rebranded as Keel Infrastructure, has sold 1,670 Bitcoin since April 2026 and shut down all US mining operations, pivoting to AI-focused high-performance computing. This shift caused the company’s Bitcoin cost basis to nearly double to $205,946, meaning Keel must see much higher Bitcoin prices to profit from its remaining holdings. Despite $210 million in losses in the first half of 2026, Keel holds $715 million in cash, funding its costly transition. This move reflects a broader trend of former crypto miners repurposing infrastructure for AI workloads.
Constellation Brands reported strong Q2 fiscal 2027 earnings of $3.74 per share, beating estimates and showing a 3% year-over-year increase. Net sales rose 6% to $2.63 billion, driven by 5% growth in beer sales and 17% in wine and spirits. Despite th...
SCWorx Corp. has resumed trading on the Nasdaq Capital Market on October 7, 2026, after a suspension that began in April. The company successfully reversed a delisting decision by regaining compliance with Nasdaq's minimum bid price and publicly held...
Star Bulk Carriers' Chief Operating Officer, Reskos, purchased 10,000 shares at $28.27 each. This insider buying signals confidence in the company's prospects and may encourage investors to consider buying SBLK stock. The move could indicate positive...
Several analysts including Morgan Stanley, Scotiabank, and Wells Fargo have lowered their price targets for Vale due to rising all-in costs and volatile iron ore prices. Despite the stock trading below these new targets, indicating potential upside, ...
Oracle reported a 30% year-over-year revenue increase in Q1 to $19.35 billion, surpassing expectations and accelerating from the previous quarter. The growth was fueled by strong demand for infrastructure services and $30 billion in new AI contracts ...
