CleanSpark reported a net loss of $378.3 million for Q2, more than doubling last year's loss, driven by a $224.1 million non-cash bitcoin fair value loss amid bitcoin price volatility. Revenue fell 25% year-over-year to $136.4 million, missing estimates, despite doubling its megawatts under contract and shifting focus toward AI and high-performance computing. The company highlighted a strong balance sheet with bitcoin holdings up 14% to $925.2 million and total assets of $2.9 billion, but bitcoin mining remains unprofitable as mining costs exceed bitcoin prices. CleanSpark is pivoting to lease computing power for AI data centers to adapt to industry challenges.
The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
NVIDIA and Noetra Corp. are partnering to build Japan's first national AI infrastructure, the NVIDIA Vera Rubin AI factory, featuring 13,750 Vera CPUs and 27,500 Rubin GPUs. Supported by Japan's Ministry of Economy, Trade and Industry, this 140-megaw...
Flight searches from the UK to destinations along the path of the August 12, 2026 solar eclipse have surged, with increases up to 201% for Spain's Cantabrian Coast and over 100% for Reykjavik, Iceland. This eclipse is notable as the first visible tot...
Solana (SOL) has gained about 30% from its June low, trading around $78 and surpassing its 50-day EMA. The token's upward momentum is supported by increased speculative trading and a new SuperTrend buy signal, the first since October 2025. However, i...
