Binary trading platforms with better performance and payouts
Earnings
Oracle Corporation (NYSE: ORCL) saw its stock decline over 3% on March 11, trading at $143.21 at press time, after … Continue reading
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The bitcoin mining firm faced revenue declines but is betting on proprietary ASIC chips to drive future expansion.
IREN is seeing a resurgence of interest from tech data centers to host their AI-related computing machines.
Company executives also see the potential to pay a dividend in 2025.
The shares rose nearly 30% after the earnings conference call, outperforming peers.
The firm signed a non-binding deal with a hyperscaler firm to potentially allocate all of its 800 megawatts power to hosting high-performance computers.
The company missed consensus revenue expectations, analysts said.
The U.S. presidential election is an important short-term catalyst for Coinbase and the wider industry, and could lead to more regulatory clarity, analysts said.
Coinbase logo in Times Square (Robert Nickelsberg/Getty Images)
MicroStrategy Executive Chairman Michael Saylor at Bitcoin 2024 in Nashville, Tennessee (CoinDesk/Danny Nelson)
Coinbase Q3 earnings preview
The broker upgraded the bitcoin miner’s shares to buy from sell and raised its price target on the stock to $13.50 from $7.50.