Bitcoin's network hashrate has declined for nearly 287 days, dropping about 15% since its peak in October 2025, marking the first sustained decrease in years. This decline follows the 2024 halving, which cut mining rewards in half and squeezed miner profits, prompting many to repurpose their power infrastructure for AI data center workloads. Mining companies like TeraWulf, Cipher Mining, and Hut 8 have pivoted to AI, signing over $70 billion in potential contracts, leading to significant stock gains despite Bitcoin's stable price range. This shift offers miners more predictable and higher-margin revenue but introduces risks such as contract execution and potential centralization of Bitcoin mining power.
Grand Canyon Education reported strong Q2 earnings of $1.81 per share, beating estimates of $1.69, with revenues of $264.05 million surpassing expectations. Despite this, an analyst from Barrington lowered the stock price target from $230 to $200, st...
Neurocrine Biosciences reported a 39% increase in Q2 2026 revenues to $959 million and non-GAAP earnings of $2.85 per share, beating estimates. Sales of its key drug INGREZZA rose 15% year-over-year, prompting the company to raise its 2026 sales fore...
WisdomTree reported Q2 earnings per share of $0.31, surpassing analyst estimates of $0.26 and showing significant growth from $0.18 last year. The company also exceeded revenue expectations with $177.16 million, a 57.3% increase year-over-year. This ...
Alpha Compute Corp., a leader in AI GPU-as-a-service and confidential computing, announced a correction to its total shares outstanding, now confirmed at 72,845,260 shares. This update addresses previous underreporting in market data feeds, ensuring ...
TC Energy reported strong Q2 earnings with $0.68 per share, beating estimates and showing revenue growth to $2.86 billion. The company is investing $700 million in new projects, contributing to $3 billion in low-risk growth initiatives for 2026. RBC ...
