Latest News
Hut 8 Stock Slips 5.5% Following $16M Water Infrastructure Investment for AI Data Center
Hut 8 shares dropped 5.5% as the company invested $16 million in water infrastructure for its River Bend AI data center, highlighting the focus on project execution.
Co-Diagnostics Stock Skyrockets on Ebola Test Strategy, But Financial Concerns Loom
Co-Diagnostics shares jumped 51% on news of an Ebola assay strategy, but the test awaits regulatory approval and the company faces financial stability concerns.
Constellation Software Surges 9.5% as TSX Slips on Rising Inflation
Constellation Software shares surged 9.5% on Tuesday, outperforming a flat TSX, after reporting Q1 revenue of $3.18 billion and net income of $367 million, with robust acquisition activity.
InMed Shares Surge 109% on $290M Migraine Deal with Mentari
InMed Pharmaceuticals shares surged 108.6% to $1.42 after announcing an all-stock merger with Mentari Therapeutics, backed by a $290 million private placement, pivoting to migraine prevention.
Anthropic Bolsters AI Research with Key Hires Including OpenAI Co-Founder
Anthropic hires OpenAI co-founder Andrej Karpathy to its pre-training team, aiming to accelerate Claude model development with AI-driven research.
Whitecap Resources Hits 52-Week High on Dividend and Output Boost
Whitecap Resources shares hit a 52-week high of CA$17.04 on Tuesday, up 1.6%, after confirming a May dividend and raising 2026 production guidance.
Canaan Shares Tumble as Q1 Losses Widen, Revenue Forecast Disappoints
Canaan shares dropped 13.8% to $0.4163 after the company posted a wider Q1 net loss of $88.7 million and issued a below-consensus Q2 revenue forecast of $35 million to $45 million.
XRP Faces $1.37 Hurdle as Bullish $10 Forecasts Meet Skepticism
XRP trades near $1.37 as bullish $10 forecasts clash with skepticism over Ripple's payments strategy. Standard Chartered projects $2.80 by 2026, but analysts warn RLUSD stablecoin may reduce XRP's role.
Generation Income Properties Shares Surge 46% After Insider Filing
GIPR shares jumped 45.5% to $0.3549 after insiders disclosed stakes, but the REIT reported a $2.13 million loss and going concern warning.
Snowflake Stock Surges on AI Optimism Ahead of Q1 Earnings
Snowflake shares jumped 6.3% Tuesday, outperforming major indexes, after BofA Securities raised its price target citing strong AI demand. Investors await fiscal Q1 results due May 27.