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On June 23, 2023, the United States Supreme Court delivered a verdict in favor of cryptocurrency exchange Coinbase , rendering a partisan decision that will put a halt to court proceedings against the company in two separate cases in California. These class-action lawsuits were initiated by plai...
2023-06-26 09:20:02 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Companies within the tech sector have been a real draw for investors for a long time. Stocks like Meta Platforms (NASDAQ: META ), Apple (NASDAQ: ...
Canaan Inc. to Participate in Cantor Technology Conference on June 14-15, 2023 PR Newswire SINGAPORE , June 12, 2023 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) (" Canaan " or the "Company"), a leading high-performance computing solutions provider, today announ...
Ethereum, despite being relatively young compared to traditional payment giants such as Visa , has demonstrated remarkable growth and established itself as a formidable force in the blockchain realm. In only a decade, blockchain technology has evolved into a significant player that rivals establ...
2023-05-30 13:00:00 ET Vancouver, Kelowna, Delta, BC - May 30, 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...
2023-05-30 12:08:11 ET The stocks of most Bitcoin -mining companies jumped today on news that lawmakers in Washington, D.C., were closing in on an agreement to suspend the U.S. debt ceiling until 2025. Shares of CleanSpark (NASDAQ: CLSK) traded nearly 7% higher as of 10:49 a...
2023-05-26 15:02:13 ET Gainers: Alarum Technologies ( ALAR ) +49% . Presto Automation ( PRST ) +46% . Marvell Technology ( MRVL ) +31% . D-Wave Quantum ( QBTS ) +29% . Telos ( TLS ) +23% . Losers: Canaan ( CAN ) -24...
2023-05-26 13:32:38 ET Singapore-based bitcoin mining equipment products company Canaan fell ~20% on Friday afternoon after having issued Q2 guidance below Wall Street consensus, citing challenging market conditions as a reason. The company said it expects Q2 revenues to be ~$72M, c...
2023-05-26 11:51:06 ET Canaan Inc. (CAN) Q1 2023 Earnings Conference Call May 26, 2023 08:00 AM ET Company Participants Clark Soucy - IR Director Nangeng Zhang - Chairman & CEO James Cheng - CFO Conference Call Participants Kevin Dede - H.C. Wainw...
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...
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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 ...