Wolfspeed (NYSE:WOLF) stock is falling sharply in Thursday's pre-market session after the silicon carbide chipmaker reported fiscal fourth-quarter 2026 results following Wednesday's close. Revenue of $149.6 million missed the roughly $224.5 million analyst consensus by a wideMarginand was down from $197.0 million a year …
BTC Digital (NASDAQ:BTCT) shares roughly doubled and then some, up about 111.55% to $1.77, as part of a broad rally across cryptocurrency-linked equities. Bitcoin climbed toward its highest level in about two months following a U.S. Treasury announcement that it would roughly double the …
Webull (NASDAQ:BULL)'s stock is extending a rally that began after the company released Q2 2026 results on August 19. Revenue hit a company record of $198.8 million, up 51% year-over-year, while net income came in at $24.4 million, a sharpReversalfrom a $28.3 million loss …
Canaan (NASDAQ:CAN), a manufacturer ofBitcoin MiningASIC hardware and an active Bitcoin miner in its own right, is rallying alongside a broad crypto-market upswing that has pushed Bitcoin toward roughly $69,000, its highest level in about two months. The move follows a U.S. Treasury announcement …
iQIYI shares closed down about 8.13 percent at $1.13, extending declines that began after the company's second-quarter results, released August 18. Total revenue fell 5 percent year over year to RMB6.29 billion, as both membership andAdvertisingrevenue declined amid ongoing softness in China's online video …
Kingsoft Cloud shares closed up about 14.11 percent at $12.37, driven by the company's record second-quarter revenue of RMB3.07 billion, up 30.8 percent year over year and beating estimates. The growth was fueled by explosive AI cloud demand, with gross billings from AI cloud …
Marvell Technology shares closed sharply higher, up about 9.85 percent at $237.27, after the company disclosed an expanded custom-silicon partnership with Google. Under the agreement, Marvell issued Google a warrant to purchase up to roughly 59 million shares at $206.58 each, a stake worth …
Schrodinger shares closed up about 12.34 percent at $19.85, hitting fresh highs during the session as investors continued to reward the company's return to quarterly profitability. The rally builds on last week's second-quarter report, in which the company posted a surprise profit of $0.08 …
Seagate Technology shares closed down about 7.87 percent at $832.56, extending a sharp two-day decline as part of a broader memory and storage-sector selloff. The pullback was triggered by a report highlighting roughly $3 trillion in off-balance-sheet AI infrastructure commitments among major technology firms, …
Strategy shares closed sharply higher, up about 12.68 percent at $104.25, as a broad rally acrossCryptocurrencymarkets lifted Bitcoin proxy stocks. Bitcoin itself rose roughly 6 percent, with peers including Coinbase and Bitmine also jumping double digits, as falling Treasury yields following the U.S. Treasury's …