Marathon Digital, a prominent U.S. Bitcoin mining company, is making strategic moves to enhance its operations and reduce costs. Recently, it acquired a wind farm in Texas, aiming to use sustainable energy for mining, which reflects a growing trend in the industry. Additionally, Marathon has been aggressively buying Bitcoin, purchasing around 6,484 coins in just ...
Duolingo recently held its earnings call where an AI chatbot named Lily made a debut, summarizing the company’s quarterly performance. The call highlighted that Duolingo experienced a revenue increase, generating $192.6 million, surpassing estimates. However, the company fell short of its target for paid users, reporting only 8.6 million compared to the expected 8.66 million, ...
C3.ai, an AI software specialist, has struggled since its IPO nearly four years ago, with shares down 72%. Although it saw a brief spike in early 2023, its performance has declined again. However, the company operates in a rapidly growing Market, poised to reach $153 billion by 2028, which could allow for a turnaround. C3.ai ...
C3.ai is looking to recover from a challenging few years after a disappointing initial public offering that saw its stock drop 72%. Despite a surge in early 2023 due to AI excitement, the company is down again this year. However, the AI software Market is expanding rapidly, expected to grow from $28 billion to $153 ...
Advanced Micro Devices Inc. saw a drop in late trading after its revenue forecast fell short of analysts' expectations. This indicates that the company's sales in artificial intelligence are expanding more slowly than anticipated.
Rigaku Holdings Corp. saw its shares drop on debut, despite positive signals from its offering indicating that investors remain interested in large Japanese stock deals. This comes as the primary market remains active with several listings.
