Cipher Mining Secures $830 Million AI Hosting Expansion
Cipher Mining and Fluidstack expand their partnership with a new 10-year AI hosting agreement, bringing the total value of the collaboration to $3.8 billion.
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#Financials↓
Block Forecasts Strong Profit Growth With Cash App & Square Integration
Block expects faster profit growth through 2028, driven by Cash App and Square integration, AI tools, and new product launches.
Klarna Sells $6.5B Loans to Elliott to Fuel US Expansion
Klarna partners with Elliott Investment Management to sell $6.5B in loans, boosting its US growth strategy while reporting mixed Q3 results as a newly public company.
Truist Upgrades Block Stock Amid Improved Risk/Reward Profile
Truist upgrades Block from Sell to Hold with $68 price target, citing improved risk/reward after recent stock pullback and stronger Square segment momentum.
Figure Technology Solutions Stock Soars on Stellar Q3 Earnings Beat
Figure Technology Solutions (FIGR) shares jumped 18% to $40.65 after reporting Q3 earnings that crushed analyst expectations, with revenue up 55% and net income surging 227% year-over-year.
Grayscale Files for IPO: Crypto Giant Goes Public
Grayscale Investments files S-1 for NYSE IPO under ticker GRAY, joining crypto companies going public. The firm manages $35B in digital assets including GBTC.