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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 ...

Is Hut 8's (HUT) Self-Funded Water Project a Clue to Its Capital Allocation Playbook?
Simply Wall St.76d agoneutral
Is Hut 8's (HUT) Self-Funded Water Project a Clue to Its Capital Allocation Playbook?

Hut 8 Corp. recently agreed to invest about US$16,000,000 to expand West Feliciana Parish’s water system, building a new well, eight miles of water mains, and other upgrades that will be handed to the parish at no cost to taxpayers. This privately funded infrastructure project supports Hut 8’s River Bend AI data center campus while increasing water capacity and reliability for thousands of local households and employers. We’ll now examine how Hut 8’s decision to self-fund critical water...

How The Hut 8 (HUT) Story Is Shifting Toward AI Power And Data Center Leasing
Simply Wall St.79d agoneutral
How The Hut 8 (HUT) Story Is Shifting Toward AI Power And Data Center Leasing

The latest analyst update on Hut 8 lifts the fair value estimate from US$75.94 to US$115.75 per share, a sizable reset in the modeled price target. Research firms are tying this shift to the company’s push into AI focused data center and power leasing, along with recent leases such as Fluidstack, River Bend, and Phase 1 of Beacon Point. Ahead, you will see how this evolving narrative is taking shape and what to watch as new information comes in. Analyst Price Targets don't always capture the...

Here Are Thursday’s Top Wall Street Analyst Research Calls: Commercial Metals, Doximity, Draftkings, Hut 8, Illumina, Lowe’s, TeraWulf, Starbucks, Whirlpool, Wix.com, and More
24/7 Wall St.83d agoneutral
Here Are Thursday’s Top Wall Street Analyst Research Calls: Commercial Metals, Doximity, Draftkings, Hut 8, Illumina, Lowe’s, TeraWulf, Starbucks, Whirlpool, Wix.com, and More

Pre-Market Stock Futures: Futures are trading higher on Thursday after another wild day on Wall Street, during which the major indices moved in different directions. Another round of disturbing inflation data hit the tape as the Producer Price Index for April came in at 1.4%, the largest move higher in four years, while Producer prices ... Here Are Thursday’s Top Wall Street Analyst Research Calls: Commercial Metals, Doximity, Draftkings, Hut 8, Illumina, Lowe’s, TeraWulf, Starbucks, Whirlpool,

Vertiv News Ties AI Cooling Deals To Premium Valuation Debate
Simply Wall St.83d agoneutral
Vertiv News Ties AI Cooling Deals To Premium Valuation Debate

Vertiv Holdings Co (NYSE:VRT) has acquired Strategic Thermal Labs to expand its liquid cooling and high-density thermal management offerings for AI and high-performance computing data centers. The company has also been named a key infrastructure partner for Hut 8's Beacon Point campus AI project. For investors tracking AI infrastructure, Vertiv sits at the intersection of power, cooling, and data center buildouts. The stock trades at $369.99, with very large 3 year and 5 year returns and a...

Why Vertiv (VRT) Is Becoming More Important to AI Data Center Buildouts
Insider Monkey84d agoneutral
Why Vertiv (VRT) Is Becoming More Important to AI Data Center Buildouts

Vertiv Holdings Co (NYSE:VRT) is one of the best AI enabler stocks to buy now. The latest AI infrastructure angle came on May 6, when Reuters reported that Hut 8 signed a 15-year, $9.8 billion lease for its Beacon Point data center campus in Texas, with the first phase covering 352 megawatts of IT capacity. […]