On August 6, 2026, Wall Street launched the first 'Neocloud' ETF, holding companies that rent AI compute to hyperscalers, aiming to isolate the AI-compute rental trade that broad funds like the Invesc…
Hut 8 stock fell 11% to $78.54 on Friday, TeraWulf dropped 5% to $15.58, and IREN declined 3% to $41.20, with the sell-off tracking each stock's 2026 gains and signaling profit-taking rather than a re…
IREN (NASDAQ:IREN) shares jumped 6% to $45.26 after Microsoft (NASDAQ:MSFT) formally accepted Horizon 1, the first of four data centers at IREN's Childress, Texas campus, but gave up gains to trade un…
CoinShares has expanded the investment strategy of its Bitcoin Mining ETF (WGMI) to include AI and high-performance computing (HPC) infrastructure, reflecting a broader shift as Bitcoin miners leverag…
Bitcoin miners that pivoted to artificial intelligence and high-performance computing now trade at 12.3 times enterprise value versus 5.9 times for pure-play miners, according to CoinShares' first-qua…
Bitcoin miners that pivoted to AI and high-performance computing have seen their stocks more than double over the past year, while pure-play miners like MARA Holdings fell 40%, according to CoinShares…
IREN has delivered its first 50-megawatt AI cloud facility, Horizon 1, in Childress, Texas, to Microsoft under a $9.7 billion, five-year contract, with Microsoft formally accepting the deployment. The…
Stanley Druckenmiller's Duquesne Family Office sold its entire positions in Intel (411,400 shares) and Micron Technology (23,400 shares) in Q2 2026, while initiating new stakes in four Bitcoin mining …
Bitcoin's network hashrate has fallen 17% from its record high, with mining difficulty down as much as 19.9%, as public miners pivot to AI and high-performance computing hosting deals exceeding $70 bi…
Bitcoin miners are pivoting to AI data center landlords, with Core Scientific's Q2 colocation revenue reaching $136.7 million versus $21.5 million from self-mining, and potential contracted revenue ex…
Roundhill Investments' Neocloud ETF (NCLD) surged roughly 15% in its first week of trading on the Nasdaq, accumulating $46 million in cumulative volume. The actively managed fund, launched August 6 wi…
AI infrastructure stocks surged Wednesday after Supermicro, CoreWeave, and Nebius Group reported strong results, with Supermicro beating Q4 earnings expectations and issuing upbeat Q1 guidance, sendin…
Bitcoin miners earned just 0.52% of their revenue from transaction fees in the week ending December 29, 2025, a 10-year low, according to data from 247wallst.com. Fees totaled roughly 16 BTC (about $1…
CoreWeave (CRWV) shares surged 16% in pre-market trading after the AI infrastructure provider reported second-quarter revenue of $2.58 billion, more than doubling year over year and narrowly beating e…
Riot Platforms (RIOT) surged more than 20% in pre-market trading on Tuesday after signing a $9.1 billion deal with Anthropic, a leading frontier AI lab, to provide 191 megawatts of computing capacity …
Alphabet, Amazon, Meta, and Microsoft have committed nearly $2.4 trillion in AI infrastructure spending, while Bitcoin miners like IREN, Hut 8, TeraWulf, and Core Scientific have signed AI contracts w…
Taiwan Semiconductor Manufacturing Co. reported Q2 2026 revenue of $40.2 billion, a 36% year-over-year increase, and net profit of NT$706.56 billion ($21.99 billion), up 77.4%, while raising its 2026 …
NVent Electric has doubled its liquid cooling manufacturing capacity with a new 117,000-square-foot facility in Blaine, Minnesota, dedicated to producing liquid cooling systems for AI data centers. Th…
Microsoft's Azure cloud platform surpassed $100 billion in annual revenue for the first time, driven by 40% year-over-year growth in Azure and related cloud services, with the overall Microsoft Cloud …
Microsoft reported fiscal Q3 2026 revenue of $82.9 billion, beating the $81.4 billion consensus, and earnings per share of $4.27 versus the $4.06 estimate, driven by its AI business reaching an annual…