Investment
Features
FeesSafety
Academy
More
Pluang+

TeraWulf shares drop after New York halts permits for hyperscale data centers amid new regulations.

Market News
14 Jul 2026
Blockonomi
View Source
Bearish
pluang ai news

TeraWulf's stock fell following New York's one-year moratorium on certain permits for hyperscale data centers to assess environmental and energy impacts. Governor Kathy Hochul also plans to repeal sales-tax exemptions for large data centers, increasing regulatory pressure. Despite Bitcoin's 3% rebound, TeraWulf shares remained down due to concerns over stricter oversight affecting its New York operations. The company will report Q2 results on August 7, with analysts expecting a loss, keeping investor focus on upcoming earnings amid regulatory challenges.

More News

Sperax partners with IBM to bring AI-driven DeFi agents to enterprise with secure, compliant blockchain tools.

Sperax partners with IBM to bring AI-driven DeFi agents to enterprise with secure, compliant blockchain tools.

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...

Market News
Bullish
19 minutes ago
HoodDomains launches .hood domains to unify wallet addresses, profiles, payments, and AI agents on Robinhood Chain.

HoodDomains launches .hood domains to unify wallet addresses, profiles, payments, and AI agents on Robinhood Chain.

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...

Others
Bullish
38 minutes ago
Wells Fargo beats Q2 earnings and revenue estimates but stock falls on economic concerns.

Wells Fargo beats Q2 earnings and revenue estimates but stock falls on economic concerns.

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...

Company Fundamentals
Neutral
1 hour ago
KKR leads major $400M financing deal, maintains strong outlook despite price target cut

KKR leads major $400M financing deal, maintains strong outlook despite price target cut

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...

Market News
Bullish
1 hour ago
Prenetics' IM8 secures $1B from General Catalyst to fuel global growth without equity dilution

Prenetics' IM8 secures $1B from General Catalyst to fuel global growth without equity dilution

Prenetics Global Limited's wellness brand IM8 has closed a $1 billion growth financing deal with General Catalyst’s Customer Value Fund, which will cover up to 70% of IM8’s marketing spend. This non-dilutive financing allows IM8 to accelerate its exp...

Market News
Bullish
1 hour ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App