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CAN News and Press, Canaan Inc. From 04/05/24

Stock Information

Company Name: Canaan Inc.
Stock Symbol: CAN
Market: NASDAQ
Website: canaan-creative.com

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CAN - Convicted Bankman Fried Sentenced to 25 Years in Jail

The cofounder of the now-collapsed cryptocurrency exchange FTX, Sam Bankman-Fried, received a 25-year prison term for deceiving investors and customers. The verdict marks the final blow to the once-wealthy entrepreneur, who gained prominence in the crypto sphere before his company’s sudd...

CAN - 3 Crypto Miners That Could Take a Hit After Next Month's Bitcoin Halving

2024-03-29 11:58:45 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Crypto miners are expected to take a hit to their earnings after the Bitcoin ( BTC-USD ) halving event is completed in April this year. Crypto miners get rewarded with newly minted ...

CAN - Canaan: I Still Can't Justify A Buy

2024-03-21 15:16:46 ET Summary Canaan is one of the top Bitcoin mining hardware companies in the market. The company produced a surprise revenue beat in Q4-23 and is guiding for $103 million in revenue in the first half of 2024. Cash burn is high and Canaan appears reliant on ...

CAN - Canaan's RISC-V based edge AIoT SoC adopted VeriSilicon's ISP and GPU IPs

Integrating VeriSilicon’s pixel processing IP portfolio into the high-precision, low-latency K230 chip VeriSilicon (688521.SH) today announced the integration of its Image Signal Processor (ISP) IP ISP8000, DeWarp Processor IP DW200, and 2.5D Graphics Processor Unit (GPU) IP GCNa...

CAN - BBB Says Crypto Fraud Is Riskiest Con Consumers Face

Crypto and investment frauds rank as the most perilous schemes in the United States presently, according to the Better Business Bureau (BBB). These fraudsters often deceive their victims, resulting in substantial financial losses, as revealed in the BBB’s annual report on the prevalent s...

CAN - Wells Fargo's Core List of industry Leaders to withstand the test of time

2024-03-05 14:55:11 ET More on S&P 500 Index: The Magnificent 7 Are Falling Like Dominos; Only 3 Remain ETF Arbitrage: A Timely Strategy For S&P 500 Lovers Is There A Bubble In The Stock Market? Nasdaq slips more than 1% as Tesla, Apple lead tech loss...

CAN - Canaan Inc. (NASDAQ: CAN) is One of Tuesday Morning's Most Active Stocks

Canaan Inc. (NASDAQ: CAN) is one today's most active stocks by volume. So far today, approximately 31.22M shares of Canaan Inc. have been exchanged, as compared to an average 30-day volume of 24.88M shares. Canaan Inc. engages in the research, design, and sale of integrated circuit (IC) final ...

CAN - Canaan Inc. Reports Unaudited Fourth Quarter and Full Year 2023 Financial Results

Canaan Inc. Reports Unaudited Fourth Quarter and Full Year 2023 Financial Results PR Newswire SINGAPORE , Feb. 27, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced...

CAN - Expected US Company Earnings on Tuesday, February 27th, 2024

First Solar Inc. (FSLR) is expected to report $3.19 for Q4 2023 VIZIO Holding Corp. Class A (VZIO) is expected to report $0.02 for Q4 2023 Henry Schein Inc. (HSIC) is expected to report $0.71 for Q4 2023 Republic Services Inc. (RSG) is expected to report $1.28 for Q4 2023 Forge Gl...

CAN - BlackRock CEO Hints at XRP ETF Feasibility

BlackRock has sparked curiosity within the crypto community by suggesting the possibility of introducing an exchange-traded fund (ETF) based on XRP. Although there’s no official confirmation of immediate plans for an XRP spot ETF filing, speculations have surged after enigmatic remarks f...

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