Cipher Digital Misses Q2 Estimates, Shares Drop — But Delivers First HPC Data Center Early
Cipher Digital missed Q2 EPS and revenue forecasts. Highlights: Black Pearl rent started early, 900 MW Apollo option, Stingray fully funded.
Cipher Digital missed Q2 EPS and revenue forecasts. Highlights: Black Pearl rent started early, 900 MW Apollo option, Stingray fully funded.
Hut 8 Corp. missed Q2 estimates but secured 949 MW of AI capacity, $26.6B in contracts, $7.5B financing, and fully commercialized its Beacon Point campus.
Caterpillar reports record $20.5B Q2 sales (+24%), $8.17 adjusted EPS, and raises full-year growth forecast amid strong AI and construction demand.
McDonald’s U.S. same-store sales rose just 0.8% in Q2, missing forecasts despite value menus and deals aimed at lower-income customers.
Spotify forecasts weaker Q3 profit and slower user growth in North America and Europe, sending shares lower despite solid second-quarter results.
onsemi’s AI data center segment is its fastest-growing business. The company projects revenue from this area will more than double in 2026 after strong Q2 results.