Hut 8 (HUT) encounters local pushback as an Illinois county zoning board votes for a 90-day moratorium, threatening a planned 500-megawatt facility.
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Hut 8 (HUT) encounters local pushback as an Illinois county zoning board votes for a 90-day moratorium, threatening a planned 500-megawatt facility.
Hut 8 warns a new 90-day moratorium on data center construction in Logan County, Illinois, could end its proposed $5 billion project because a utility agreement with Ameren would expire.
Starbucks upgraded, Doximity downgraded: Wall Street's top analyst calls
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 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...
IREN faces pressure from falling Bitcoin mining revenues, rising impairment charges and premium valuation as AI cloud competition intensifies.
Jacobs will apply expertise from Louisiana’s River Bend project to Hut 8’s planned Texas AI data centre campus.
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. […]
On a recent episode of The Pomp Podcast, investor Jordi Visser relayed an admission from Anthropic CEO Dario Amodei that reframes how to think about AI infrastructure demand. Anthropic, the maker of the Claude assistant, watched AI demand blow past every internal scenario they had modeled: “We planned our business for 2 or 3x [growth], ... Anthropic’s CEO: AI Demand Didn’t 2-3x as Expected, ‘We 80x’d the Business’
For Hut 8, the recent event in focus is its 15-year $9.8 billion AI data center lease at Beacon Point with 352MW capacity. The stock ranks tenth on our list of 12 AI Stocks Wall Street Is Watching Now. Following the event, on May 6, Piper Sandler analyst Patrick Moley raised the price target on the […]
Everyone and their grandmother waited to disclose AI deals during quarterly earnings, with IREN, Hut 8, and Cipher Digital announcing new tenants and massive expansion plans.
Canaccord raised its price target on Hut 8 (NASDAQ:HUT) stock to $130 from $70, keeping its Buy rating. The price target hike, delivered May 7, nearly doubles the firm’s prior valuation and reflects the company’s accelerating pivot from Bitcoin mining to AI data center infrastructure. A near doubling from a single firm ranks among the ... Canaccord Just Nearly Doubled Hut 8 Price Target to $130 on AI Data Center Pivot
American Bitcoin expands its Drumheller site, increasing hashrate by 1,112% using Bitmain units in partnership with Hut 8 to maximize Bitcoin per share.
Moby summary of Hut 8 Corp.'s Q1 2026 earnings call
Top Bitcoin miners booked Q1 2026 net losses as crypto prices slumped, even as AI data center pivots accelerated.
Matt from American Bitcoin joins the Block Space podcast live from Bitcoin 2026 in Vegas. They discuss the company’s 1,112% hashrate increase at Drumheller, the strategic partnership with Hut 8,…