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Canaan Inc. (NASDAQ:CAN) stock is surging 11% in Thursday premarket trading after the mining equipment maker and bitcoin miner said it started resuming production and delivery since the end of March. Q1 revenue of $213.9M matched the average analyst estimate and declined from $342.8...
Indaptus Therapeutics (INDP) +22% on FDA nod to begin phase 1 trial of Decoy20 for solid tumors. Zealand Pharma (ZEAL) +19% announces positive results from phase 3 trial of dasiglucagon in pediatric patients with congenital hyperinsulinism. CBAK Energy Technology (CBAT)...
Canaan press release (NASDAQ:CAN): Q1 GAAP EPADS of $0.41 in-line. Revenue of $213.9M (+236.7% Y/Y) in-line. Total computing power sold was 4.3M Thash/s, representing an increase of 119.1% from 2.0M Thash/s in the same period of 2021. As of March 31, 2022, the Company held cryptocurrency asse...
Canaan Inc. Reports Unaudited First Quarter 2022 Financial Results PR Newswire BEIJING , May 19, 2022 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced its unaud...
Canaan (NASDAQ:CAN) Q1 consensus EPS estimate is $0.50 and consensus revenue estimate is $213.86M (+247.7% Y/Y). CAN is scheduled to announce Q1 earnings results tomorrow, May 19, before market open. For further details see: Canaan Q1 2022 Earnings Preview
Applied UV (AUVI) +24% announces inclusion in a multi-million dollar contract offering throughout non-public schools in the state of Washington. Pioneer Power Solutions (PPSI) +21% on Q1 results. On Holding (ONON) +19% on Q1 results. Sea Limited (SE) +14% on...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips These penny stocks present an opportunity to pick up some bargains after the steep sell-off in early May. Canaan ( CAN ): The high-performance computing solutions provider could bounce with a recovery in the crypto...
Today's been another wild one in the world of cryptocurrencies and crypto-related stocks. For companies tied to the crypto mining sector, this has been even more true. As of 9:45 a.m. ET, shares of Bit Mining (NYSE: BTCM) , SOS (NYSE: SOS) , Bit Digital (NASDAQ...
Canaan (NASDAQ: CAN) , a leading high-performance computing solutions provider, plans to report its financial results for the first quarter 2022, the period ended March 31, 2022; that information will be released on May 19, 2022, before the U.S. market opens. In addition, the company h...
CPI data and the inflation report isn’t the only thing driving directional momentum in the stock market today. Cryptocurrency prices have sent a shockwave across crypto stocks today. In particular, some of the already beaten-down crypto penny stocks have taken it on the chin. This wa...
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Russia has emerged as a hub for ransomware-related activities . According to TRM Labs’ analysts, Russian-speaking ransomware groups were responsible for almost 70% of all cryptocurrency earnings from ransomware attacks in 2023. This statistic reveals Russia’s increasing involvement...
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...