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Hut 8 (HUT) Soars as Beacon Point Secures $50.2-Billion Revenue Potential
Insider Monkey25d agobullish
Hut 8 (HUT) Soars as Beacon Point Secures $50.2-Billion Revenue Potential

Hut 8 Corp. surged by 10.37 percent on Monday to end at $100.93 apiece, as investors took heart from the $50.2-billion revenue potential of its Beacon Point data center campus in Texas. This followed the inking of a new leasing agreement with an existing tenant for the second phase of the campus, covering 352 MW […]

AI infrastructure stock surges after landing massive $2.8B win
TheStreet25d agobullish
AI infrastructure stock surges after landing massive $2.8B win

Some contract announcements move stocks. And then there are the ones that reframe an entire investment thesis. We saw the latter on a Monday, July 20. IREN Limited (IREN) was trading up more than 21% to $40.57 as of July 20 midday, according to Yahoo Finance. That’s after the Australia-based ...

Nasdaq (NDAQ) Stock May Be 7% Above Fair Value Following Treasury Infrastructure Partnership
Simply Wall St.25d agobullish
Nasdaq (NDAQ) Stock May Be 7% Above Fair Value Following Treasury Infrastructure Partnership

Nasdaq stock has delivered a strong 87.5% total return over the past three years. Current checks point to a company that does not clearly stand out as cheap, with the intrinsic value estimate from the Excess Returns model suggesting the shares are roughly in line with fair value, while earnings based multiples lean more expensive. Nasdaq's 87.5% three year return signals investors have already priced in a sizeable improvement in the business and its prospects. Recent headlines around the SK...

CleanSpark (CLSK) Soars on Fresh Multi-Billion AI Investments
Insider Monkey25d agobullish
CleanSpark (CLSK) Soars on Fresh Multi-Billion AI Investments

CleanSpark saw its share price jump by 10.67 percent on Monday to finish at $14.42 apiece, as investor optimism was fueled by the aggressive expansion of artificial intelligence players with a series of multi-billion-dollar leasing deals. Multi-Year Deals On Monday, its counterpart, Hut 8 Corp., clinched a new $9.8-billion leasing deal with an existing high-investment-grade […]

Cipher Digital (CIFR) Surges 17% Ahead of Q2 Earnings; Hedge Fund Participation Jumps
Insider Monkey25d agobullish
Cipher Digital (CIFR) Surges 17% Ahead of Q2 Earnings; Hedge Fund Participation Jumps

Cipher Digital climbed by 16.97 percent on Monday to end at $20.54 apiece, as investors resorted to bargain-hunting after five days of declines, while starting to position portfolios ahead of its earnings release. The rally followed Friday’s fall to a three-month low of $16.13—a level it last touched in April this year, and which investors […]

Vertiv (VRT) Is Buying Strategic Thermal Labs For AI Cooling Growth
Simply Wall St.25d agobullish
Vertiv (VRT) Is Buying Strategic Thermal Labs For AI Cooling Growth

Vertiv Holdings Co (NYSE:VRT) announced the acquisition of Strategic Thermal Labs, adding specialized liquid cooling expertise to its portfolio. The deal targets advanced solutions for AI and high density data center environments that face rising power and thermal requirements. Strategic Thermal Labs contributes engineering capabilities focused on complex liquid cooling architectures for high performance computing workloads. Vertiv sits at the intersection of power, cooling, and...