Wells Fargo Starts Coverage on WULF, CORZ, CIFR, APLD and HUT With Overweight Ratings
Wells Fargo begins coverage of five HPC and AI data center stocks, citing contracted power, tenant quality and pipeline upside.
/ 12 items
#CORZ↓
Bloom Energy, CoreWeave & Nebius Soar as Fund Margin Calls Ease
Bloom Energy, CoreWeave, and Nebius rebound as Microsoft’s 43% Azure growth and Mizuho/Truist Buy upgrades help ease AI fund margin-call selling pressure.
AMD Secures Up to 2.5 GW of Data Center Capacity with Core Scientific
Core Scientific Q2 2026: $164.2M total revenue, $136.7M colocation revenue. AMD partnership unlocks up to 2.5GW capacity and $14B potential revenue.
Core Scientific Reports $347M Loss But Powers Up AI Data Center Plans
Core Scientific revenue rose on AI growth, Bitcoin mining fell. Reported big loss, mostly non-cash, while expanding data centers and cash.
Oracle-OpenAI Drops Texas Expansion, Meta Steps In
Oracle and OpenAI scrapped plans to expand the Stargate AI data center in Abilene, Texas. Meta now in talks to lease the site, with Nvidia facilitating.
Mining's Dark Days: Bitcoin Companies Dump BTC and Pivot to AI to Survive
Bitcoin mining profits have tanked with BTC down ~50% from its 2025 peak. Miners like Core Scientific are selling holdings and shifting to AI to stay alive in tough times.