GLXY Stock Slides After Galaxy Digital Posts $85M Q2 Loss On Crypto Slump Despite First Data Center Profit
Galaxy's Treasury & Corporate segment dragged on results with a $78 million adjusted EBITDA loss, primarily from unrealized losses on digital assets and investments.
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WULF CEO Says TeraWulf Is Moving To ‘Scaled’ Execution’ With Power Defining The AI Race Amid Earnings Miss
CEO Paul Prager said the company is transitioning from "platform formation" to "scaled execution" as it expands its AI infrastructure business.
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Cipher Digital Delivers AI Data Center Early, So Why Is CIFR Stock Down?
The company said the Stingray development was funded completely by a bond offering completed during the quarter.
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CORZ Stock Gains After Price Target Hikes – Wall Street Believes AMD Deal Is A ‘Large Quality Lease’
Needham and Canaccord raised their price targets on CORZ stock, while reiterating ‘Buy’ ratings following the company's AMD infrastructure partnership.
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PYPL Stock Gains After Q2 Earnings Beat – CEO Says Company ‘Open’ To Buyout Offers That Create 'Superior Value'
CEO Enrique Lores said PayPal would "carefully consider" buyout opportunities if they create more shareholder value than its standalone strategy.
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GLXY Stock Plummets To 3-Month Low Despite Firm’s 500-Acre Texas AI Data Center Push
Galaxy CEO Mike Novogratz said the deal reflects its view that AI compute demand is a structural shift.
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Galaxy Research Head Says Bitcoin Is A 'Veblen Good' — The Firm's Own Desk Is 50/50 On The Bottom
Galaxy’s trading desk says Bitcoin’s risk-reward is improving over the next 6-12 months, citing stronger ETF flows.
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Galaxy Simplifies DeFi Borrowing For Institutions With New Onchain Credit Platform
Galaxy said it would publish daily benchmark borrowing rates for USDC, USDT, and Ethereum, offering a new reference point for on-chain credit costs.
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WULF Stock In Focus: TeraWulf CEO Reportedly Says Anthropic Deal Is Just The ‘Tip Of The Iceberg’ For AI Infrastructure
TeraWulf has signed a 20-year lease agreement with Anthropic valued at $19 billion.
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Galaxy Digital Executives Calls GLXY Stock Undervalued, Pointing To $65M Buyback And Helios Power Ramp
CEO Mike Novogratz said passage of the CLARITY Act could drive a wave of traditional-finance participation in crypto markets.