IREN Secures $3.6B Microsoft GPU Deal Amid Q2 Earnings Shortfall
IREN reports Q2 FY26 losses of $0.52/share, missing estimates by 280% as company transitions from Bitcoin mining to AI cloud services with $3.6B GPU financing secured.
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Gemini Crypto Exchange Cuts 25% of Workforce, Exits Europe and Australia
Gemini Space Station announces 200 job cuts and exits UK, EU, and Australia markets as part of $11M restructuring to focus on US and Singapore operations.
Bullish Q4 2025 Earnings: Mixed Results and Lower 2026 Guidance
Bullish (BLSH) reports Q4 2025 results with $92.5M adjusted revenue but posts GAAP loss of $3.73 per share, missing estimates. 2026 subscription revenue guidance falls short of expectations.
Rocket Companies Soars on Record Mortgage Volume News
Rocket Companies stock jumps 7% as CEO announces highest mortgage loan volumes in four years, signaling a thawing US housing market with improving rates.
PayPal CEO Replaced as Earnings Miss, Stock Tumbles
PayPal (PYPL) announces CEO change as Q4 earnings disappoint. HP's Enrique Lores to replace Alex Chriss. Shares drop 16% on weak retail spending and slowing branded checkout growth.
Morgan Stanley Turns More Positive on Affirm Despite Stock Weakness
Morgan Stanley upgraded Affirm to Overweight, saying recent stock weakness offers a compelling risk/reward and long-term growth remains intact.