Profit tells a very different story. Of the $189.5 million in net income, $131.1 million was attributable to Hut 8 itself. A …
Estimates
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Among Google’s suite of products, Google Cloud stood out after experiencing 103% growth to $30.71 billion against the projected $29.15 billion. Meanwhile, …
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Markets
Bitcoin, Korea’s Kospi and Nasdaq futures rally as China GDP beats estimates
by shayaanby shayaanBitcoin, Nasdaq futures and Asian stocks rally as stronger-than-expected China GDP and falling oil prices lift risk appetite. www.coindesk.com
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Analysis
JPMorgan Chase Stock Outlook Turns Bearish as Q3 Earnings Miss Wall Street Estimates
by shayaanby shayaanJPMorgan Chase stock faces a bearish setup after the bank’s third-quarter results fell short of Wall Street expectations, putting pressure on its …
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Markets
Nvidia tops earnings estimates, guides to $108 billion in revenue next quarter
by shayaanby shayaanThe tech bellwether reported fiscal second-quarter results after the bell on Wednesday. www.coindesk.com
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Markets
EToro reports second quarter crypto loss even as total profit beats estimates
by shayaanby shayaanThe trading platform’s gross crypto revenue fell to $1.35 billion in the second quarter. It also agreed to buy U.S. brokerage TradeZero …
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Nasdaq-listed Bitcoin mining company CleanSpark reported $138 million in revenue for the third quarter of fiscal 2026. The $138 million represented a …
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The company reported $1.22 billion in overall revenue, down from $1.5 billion in the year prior. www.coindesk.com
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Finance
Council of Economic Advisers estimates $35B boost from opening 401(k)s to private markets
by shayaanby shayaanThe White House Council of Economic Advisers thinks it has found a $35 billion idea hiding inside America’s retirement accounts. The pitch: …
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Mining
CleanSpark stock slides 9% as quarterly earnings miss estimates on bitcoin holdings loss
by shayaanby shayaanCleanSpark (CLSK) stock fell over 9.4% in pre-market trading on Tuesday after the U.S. bitcoin mining company reported a widening net loss …