In July 2026, three major publicly traded Bitcoin miners—CleanSpark, BitFuFu, and Canaan—reported declines in Bitcoin production even as Bitcoin's price rose from about $58,500 to nearly $63,000. This drop in output is attributed to network difficulty adjustments, operational factors, and maintenance, which reduce the number of coins mined despite higher prices. CleanSpark is accumulating Bitcoin reserves, while BitFuFu is selling more than it mines, reducing its holdings significantly. The situation highlights the challenges miners face balancing production costs and market conditions amid rising Bitcoin prices.
Shopify reported strong Q2 2026 earnings, surpassing analyst expectations thanks to significant growth in AI-driven commerce. AI-driven traffic and orders to Shopify stores tripled year-over-year, boosting confidence in the company's AI innovation. S...
Freightos Limited reported Q2 results surpassing expectations with an EPS of -$0.03 versus -$0.05 expected and record revenue of $7.7 million, driven by a 19% increase in core platform revenue. The company narrowed its adjusted EBITDA loss to $2 mill...
Evercore ISI raised Ross Stores' price target to $276, suggesting a 12.5% upside from its current $245.36 price. The boost reflects strong expectations for Q2, with projected revenues of $6.10 billion (up 10.7%) and earnings per share of $1.92 (up 23...
SpaceX achieved a new launch cadence record with two Falcon 9 launches in 38 minutes and reported $7.814 billion in Q2 2026 revenue, beating estimates by 14.59% and growing 92% year-over-year. Key growth drivers include Starlink connectivity, AI segm...
Amazon is purchasing rare books, cutting off their spines, and scanning them at a Las Vegas facility to train its AI models. This method provides unique training data from texts that are out of print or not available online, which helps improve AI qu...
