MARA Reports Sharp Profit Jump Despite Revenue Decline, Advances Energy and AI Shift
MARA reports sharp profit growth on Bitcoin gains while revenue falls 35%. Debt cut by $1.4B as it expands into energy and AI infrastructure.
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QBTS Slides After Mixed Q3 Results Highlight Weak Near-Term Bookings
D-Wave’s Q3 results showed revenue growth and a strong backlog, but soft bookings and elevated costs sent shares lower.
Anthropic Targets Modest $1 Trillion IPO Valuation Amid Cooling AI Investor Appetite
Anthropic plans an IPO at up to $1.02 trillion valuation, lower than previous $1.5T–$2T targets, reflecting growing investor caution on AI.
Jensen Huang’s Alleged Affair Linked to $7.5 Billion in Nvidia Chip Shipments to China
Report claims Jensen Huang’s relationship with alleged Chinese spy facilitated $7.5 billion in Nvidia chip shipments.
On Holding Stock Falls Despite Record Sales as Investors Seek Stronger Guidance
On Holding reported record Q3 sales of CHF 931.4M, yet shares dropped as management only reiterated full-year growth outlook.