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DoubleLine, Oaktree Brace for Potential AI Pain
Bloomberg60d agoneutral
DoubleLine, Oaktree Brace for Potential AI Pain

(Bloomberg) -- Credit heavyweights like DoubleLine Capital LP and Oaktree Capital Management are buying debt now that can perform well if the artificial intelligence boom turns into a credit bust.Most Read from BloombergTrump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalBecerra Advances for California Governor as Hilton Fights SteyerNasdaq 100 Sinks 5% in AI-Led Rout as Yields Climb: Markets WrapSpaceX Inks $30 Billion Computing Power Deal With GoogleSpaceX, Other Mega IPOs D

Assessing Whether Hut 8 (HUT) Still Looks Overvalued After Its Recent Share Price Surge
Simply Wall St.61d agobullish
Assessing Whether Hut 8 (HUT) Still Looks Overvalued After Its Recent Share Price Surge

Recent performance snapshot Hut 8 (HUT) has caught investor attention after a sharp move in the stock over the past month, with the price up about 59% and recent daily trading showing noticeable swings. See our latest analysis for Hut 8. Zooming out from the sharp 58.69% 30 day share price return, Hut 8’s 171.43% 90 day share price return and very large 1 year total shareholder return indicate that the stock has shown strong recent momentum. If you are looking beyond Hut 8 and want to see...

Hut 8 Recasts Bitcoin Roots With River Bend AI Data Center Bet
Simply Wall St.64d agoneutral
Hut 8 Recasts Bitcoin Roots With River Bend AI Data Center Bet

Hut 8 (NasdaqGS:HUT) is shifting its focus toward hyperscale AI data center infrastructure, including major new leases and development projects. The company is launching the multibillion-dollar River Bend campus as a large computing hub in North America. Hut 8 is partnering with public entities in Louisiana on water infrastructure to support the project while aiming to limit impact on local water supplies. For a company long associated with Bitcoin mining, Hut 8 is now positioning itself as...

Hut 8 Corp. (HUT): Leopold Aschenbrenner Sells Holding
Insider Monkey67d agobearish
Hut 8 Corp. (HUT): Leopold Aschenbrenner Sells Holding

We just covered the From Fired Researcher to $13.7 Billion King: How Leopold Aschenbrenner Broke the Hedge Fund World and Hut 8 Corp. (NASDAQ:HUT) ranks 36th on this list. Latest filings show that Situational Awareness LP has sold off the stake it held in Hut 8 Corp. (NASDAQ:HUT). The stock had first appeared in the […]

Hut 8 director dumps $2 million in shares
TheStreet68d agobullish
Hut 8 director dumps $2 million in shares

The shares of Hut 8 Corp. (Nasdaq: HUT) have been on a rally of late. The company which began as a Bitcoin (BTC) miner has been transitioning into a data infrastructure firm that can swing between artificial intelligence (AI) and mining operations. While most Bitcoin miners are ...