Bitcoin Miners Surge as Nvidia Beats Earnings
@Nvidia posted Q1 revenue of $81.62B, up 85%, exceeding estimates, with strong AI infrastructure demand. Data Center revenue reached $75B; outlook remains positive despite stock dip. #Update #Crypto $BTC
@Nvidia posted Q1 revenue of $81.62B, up 85%, exceeding estimates, with strong AI infrastructure demand. Data Center revenue reached $75B; outlook remains positive despite stock dip. #Update #Crypto $BTC
@AmericanBitcoin reports Q3 profit of $3.47M, up from a $576K loss; revenue surged to $64.2M, doubling year-over-year as mining capacity expanded 2.5x to 25 EH/s. #Update #Crypto $BTC
@IREN reported record Q1 earnings with net income of $384.6M, driven by $232.9M from bitcoin mining and a $9.7B AI cloud contract with Microsoft. Shares slid 12%, up 2% pre-market. #Update #Crypto $BTC
@Robinhood reported a 339% YoY increase in Q3 crypto trading revenue, reaching $268M from $61M, with $80B in trading volume. Market cap now at $126B. #Update #Crypto $BTC $ETH
@Coinbase reported Q3 earnings with $1.05B in transaction revenue, exceeding estimates. Analysts’ price targets vary from $266 to $510 amid concerns over rising costs and competition. #Update #Crypto $COIN
@HCWainwright upgraded @Coinbase to buy with a price target of $425, citing bullish crypto outlook and strong Q3 results. Total revenue reached $1.9B, surpassing expectations. #Update #Crypto $COIN