Cipher Digital Q1 Results: Mining Losses, But AI Future Pays Off Big
Cipher is shifting from Bitcoin mining to AI data centers, signing $11B deals and betting big on future growth despite current losses.
Cipher is shifting from Bitcoin mining to AI data centers, signing $11B deals and betting big on future growth despite current losses.
Cytokinetics’ (aficamten) met both primary endpoints in the Phase 3 ACACIA-HCM trial for non-obstructive hypertrophic cardiomyopathy (nHCM). Already approved for obstructive HCM, the drug could soon double its market.
IREN is buying Mirantis for $625M to boost its AI cloud, making services faster, easier, and more reliable for businesses.
Viridian's drug for thyroid eye disease showed strong Phase 3 results, improving eye symptoms with simple injections and possible home use.
Despite a record Q1, Shopify forecasts high-20% revenue growth for Q2 2026, below consensus expectations. Operating expenses are set to rise as the company ramps up AI investments.
PayPal beat Q1 estimates on revenue and profit, but Q2 outlook is weak with expected EPS drop as costs rise; full year mixed.