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2023-05-26 06:09:13 ET Canaan press release ( NASDAQ: CAN ): Q1 GAAP EPADS of -$0.51. Revenue of $55.23M (-72.6% Y/Y) misses by $12.5M . Revenues were US$55.2 million, as compared to US$58.3 million in the fourth quarter of 2022 and US$201.8 million in the same p...
Canaan Inc. Reports Unaudited First Quarter 2023 Financial Results PR Newswire - Total Computing Power Sold Rebounded to 4.2 Million Thash/s, up 126.8% QoQ - SINGAPORE , May 26, 2023 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"...
2023-05-25 09:20:45 ET Major earnings expected before the bell on Friday include: Booz Allen Hamilton Holding ( BAH ) Big Lots ( BIG ) The Buckle ( BKE ) Canaan ( CAN ) Diana Shipping ( DSX ) Hibbett ( HIBB ) KNOT Offshore Partners ( K...
Canaan Inc. to Report First Quarter 2023 Financial Results on May 26, 2023 PR Newswire SINGAPORE , May 19, 2023 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced th...
In recent months, the cryptocurrency sector has experienced several setbacks , including bankruptcies, the arrest of FTX founder Sam Bankman-Fried and regulatory action against leading exchange Binance. But despite everything happening, the cost of Bitcoin, the largest crypto, has increased. B...
2023-05-17 10:23:29 ET IBM has stumbled so far this year, with stagnant revenue growth and overall worries about the economy leading to a double-digit retreat in its stock price. However, many investors turn to Big Blue as dividend play, valuing its relatively high payout for a tech company...
Canaan Inc. to Participate in the Bitcoin Mining Virtual Conference Presented by Maxim Group LLC and hosted by M-Vest on Tuesday, May 16, 2023 PR Newswire SINGAPORE , May 15, 2023 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading hi...
2023-05-11 14:10:00 ET Vancouver, Kelowna, Delta, BC - May 11, 2023 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news brings you today's edition of the Crypto Corner podcast and commentary on what's driving cryptocurrency stocks and the cry...
2023-05-09 10:20:31 ET Bitcoin mining data centers company Cipher Mining ( NASDAQ: CIFR ) has entered into a purchase agreement with computing solutions provider Canaan ( NASDAQ: CAN ) for 11,000 mining machines, the two companies said on Tuesday. The new A13...
The 11,000 New A1346 Model Mining Machines are Scheduled to be Delivered and Energized in the Third Quarter of 2023 Purchase Will Complete the Buildout of Cipher’s Facility in Odessa, Texas and Achieve a Hash Rate of 7.2 Exahash per Second (“EH/s”) by the End of the...
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Canaan Attended Bitcoin 2024 in Nashville and Initiated its CAN Community Canada NewsWire NASHVILLE, Tenn. , July 29, 2024 /CNW/ -- Canaan Inc. (NASDAQ: CAN), a leader in high-performance computing solutions and creator of ASIC Bitcoin miners, announced i...
For the past few weeks, the government of Germany has been offloading a significant amount of Bitcoin , contributing to the crypto’s recent downturn. In June, the Federal Criminal Police Office (BKA) started selling Bitcoin, originally seized from a defunct movie piracy website, from a wa...
Canaan Launches the Third Generation of Immersion Cooling Avalon Miner A1566I at Mining Disrupt 2024 Canada NewsWire MIAMI , June 26, 2024 /CNW/ -- Canaan Inc. (NASDAQ: CAN), the creator of ASIC Bitcoin miners, unveiled its latest advancement, the Avalon ...