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Bit Digital Q2 Earnings Call Highlights
MarketBeat2d agoneutral
Bit Digital Q2 Earnings Call Highlights

Bit Digital (NASDAQ:BTBT) reported second-quarter revenue of $32.1 million, up 15% sequentially, as cloud services growth helped offset lower Ethereum staking and bitcoin mining revenue. The company also outlined a capital-allocation strategy centered on its Ethereum holdings and its majority intere

Birkenstock Rallies on Forecast; StubHub Falls on Earnings | Stock Movers
Bloomberg2d agobearishVIDEO
Birkenstock Rallies on Forecast; StubHub Falls on Earnings | Stock Movers

On this episode of Stock Movers: - StubHub (STUB) shares are dropping after the company reported earnings per share for the second quarter that missed the average analyst estimate. - Birkenstock (BIRK) is rallying after the footwear maker boosted its adjusted Ebitda forecast for the full year. The German company also reported better-than-expected sales for the second quarter. - Cerebras (CBRS) is lower after the company projected slower growth than some investors anticipated, causing its shares to fall in premarket trading.

Cerebras stock falls on earnings disappointment despite guidance raise
Proactive2d agobearish
Cerebras stock falls on earnings disappointment despite guidance raise

Cerebras Systems Inc (NASDAQ:CBRS) shares fell 11% Thursday after the AI chipmaker reported second-quarter revenue below Wall Street estimates, even as the company raised its full-year guidance. The company posted second-quarter revenue of $180.1 million, missing the $194 million analyst...

Investing.com2d agobullish
Burry doubles down on Nebius short after stock surges 34% on earnings

Nebius (NASDAQ: NBIS), the Nvidia-powered AI cloud provider spun out of Russian internet giant Yandex and now headquartered in Amsterdam, is the direct vehicle for Burry’s trade. Nvidia itself remains the dominant hardware supplier underpinning the AI cloud boom, and any meaningful deceleration in infrastructure spending at companies like Nebius would weigh on GPU demand across the sector.