In June, Bitcoin production fell for mining firms CleanSpark, BitFuFu, and Canaan due to internal operational issues and maintenance work. CleanSpark mined 614 BTC, down from 671 BTC in May, citing scheduled maintenance as a key factor. BitFuFu's output dropped 29% to 125 BTC, despite expanding its mining fleet. Canaan's production also declined by 29% to 64 BTC, affected by electrical grid maintenance and recovery from wildfire disruptions. Despite lower mining volumes, CleanSpark's shares rose 7.7% following a major AI data center lease deal, while BitFuFu shares gained 6% and Canaan shares fell 1.5%. The sector also saw a 10% drop in Bitcoin network difficulty mid-month, which generally aids mining efficiency but was offset by local issues. Investors will watch BitFuFu's upcoming supply contracts in August for further developments.
Citigroup reported Q2 2026 earnings that surpassed analyst expectations, with revenue of $24.77 billion and earnings per share of $3.15, exceeding forecasts of $23.74 billion and $2.74 EPS. The strong performance was fueled by robust trading and inve...
Sperax, creator of the auto-yield stablecoin USDs and SperaxOS AI agent workspace, has become an official IBM Business Partner. This partnership combines Sperax's AI-driven DeFi technology with IBM's enterprise AI and cloud infrastructure, enabling r...
HoodDomains has introduced .hood domains on the Robinhood Chain, replacing complex wallet addresses with human-readable names that serve as trader profiles, payment endpoints, and AI agent identities. These domains are fully on-chain NFTs, enabling s...
Wells Fargo reported strong Q2 2026 results with earnings per share of $2.00 and revenue of $22.62 billion, both exceeding analyst expectations. The growth was driven by strong fee income and better credit performance. Despite this, the stock price d...
KKR & Co. Inc. is spearheading a significant A$400 million financing deal for Ampol Limited, showcasing its strong global investment strategy and robust asset management. Despite Bank of Montreal lowering KKR's price target to $112 from $120, the fir...
