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DGII News30 articles
Cipher Digital Plunges 23% as Financing Gap Raises Concerns
Cipher Digital shares dropped 23% last week despite Nasdaq gains, as rising interest expenses outpaced mining revenue. Analysts trim targets while maintaining positive outlooks.
Cipher Digital Shares Slide 4.5% as Restricted Cash Raises Valuation Concerns
Cipher Digital shares dropped 4.5% as analysts cut price targets, citing restricted cash and valuation concerns amid HPC expansion.
Western Digital Tumbles 15% as Margin Outlook Tempers AI Storage Rally
Western Digital (WDC) dropped 15% in premarket trading as investors focused on slowing margin growth despite strong Q4 results and upbeat guidance.
Western Digital Tumbles 10% as Valuation Doubts Outweigh Strong Earnings
Western Digital shares dropped 10% in after-hours trading despite beating Q4 estimates, as valuation concerns and decelerating growth outweighed strong results.
Cipher Digital's Q2 Miss and Cash Constraints Trigger 15.7% Selloff
Cipher Digital shares tumbled 15.7% after Q2 revenue and EPS missed consensus, with 82% of cash restricted for projects, sparking valuation concerns.
Digital Turbine Stock Soars 28% on Strong Q1 and Raised Guidance
Digital Turbine (APPS) surged 28% premarket after Q1 revenue and EBITDA beat, with raised FY2027 guidance highlighting improved margins.
Cipher Digital Slumps 10% as Q2 Mining Revenue Drops 29%
Cipher Digital (NASDAQ:CIFR) shares tumbled 10% as Q2 mining revenue slid 29% from the prior quarter, while the company's HPC rental income remains a future catalyst.
Digital Realty: Small Leases Drive Rent Per Kilowatt Higher
Digital Realty (DLR) reported Q2 results showing small-space and interconnection leases now make up 52% of annualized rent, boosting rent per kilowatt. Shares fell 5.3% last week.
Western Union stock slides 11% as digital shift erodes per-transaction revenue
Western Union shares fell 11% after Q2 earnings missed estimates and full-year guidance was slashed, as digital transaction growth weighed on per-transaction revenue and margins.
Cipher Digital Plunges 13% as AI Data Center Stocks Slide; Bitcoin Stable
Cipher Digital dropped 13.4% amid a broader sell-off in AI data center stocks, while Bitcoin remained flat. Q2 earnings are due August 4.
Ionic Digital Gains on Nasdaq Listing, $70 Supply Cap in Focus
Ionic Digital (IOND) shares climbed to $61.96 on its Nasdaq debut, up from a $50 open. A $70 transfer restriction on 7.55 million shares from June's private placement could cap supply.
IKEA Tests Compact Store Model in Cleveland as Digital Sales Grow
IKEA will open an 80,000-square-foot store in Cleveland in spring 2027, significantly smaller than its traditional warehouses, as US e-commerce holds steady at $1.9B and overall sales dip.
Applied Digital Stock Jumps on Q4 Earnings Beat Despite Low Operational Capacity
Applied Digital shares surged 5.4% in after-hours trading after reporting Q4 revenue of $258.7M, well above consensus. However, just 175 MW of its 1,410 MW contracted capacity is operational.
Western Digital Posts Weekly Gain Despite Friday Slide as Profit Outlook Brightens
Western Digital closed Friday at $519.80, down 6.9%, yet still gained 8.9% for the week as profit estimates climbed 20% to $3.30 per share.
Cipher Digital Shares Surge 32% in Turbulent Week as Market Eyes AI Infrastructure
Cipher Digital shares surged 31.8% in a volatile week, closing at $23.15 on Friday. The AI-driven rally faces execution uncertainty ahead of Q2 earnings.
Digital Realty Surges on Record Small-Scale Leases and Raised Guidance
Digital Realty shares surged 12.4% on Friday after the data-center REIT reported record small-scale bookings and raised its core FFO guidance for 2026.
Cipher Digital Surges as AI Capacity Shortage Boosts Leasing Model
Cipher Digital (CIFR) shares rose 5.7% as AI capacity constraints highlight its leasing model, while Alphabet (GOOGL) dropped 7.2% on raised capex.
Cipher Digital Jumps 16% on AI Data-Center Hopes, Outpacing Bitcoin
Cipher Digital shares surged 16%, extending two-day gains to 35%. The stock outperformed peers as investors anticipate future AI data-center revenue.
Cipher Digital Surges 17% on AI Data Center Demand, Outshining Bitcoin
Cipher Digital (NASDAQ:CIFR) surged 17% on Monday, recovering two-thirds of last week's losses, as AI data center stocks outperformed Bitcoin. Volume doubled the average.
New Era Energy & Digital Stock Skyrockets 26% on AI Sector Momentum
Shares of New Era Energy & Digital (NUAI) soared 26.1% to $5.14, adding about $108 million in market value, as AI infrastructure deals from rivals lifted the sector.
Western Digital Plunges 11% as AI-Driven Rally in Storage Stocks Falters
Western Digital (WDC) sank 10.8% to $458.22, wiping out $19.2 billion in market cap, as the AI-storage trade cooled. The drop outpaced rivals Seagate and Micron.
Western Digital Tumbles 5% as Wall Street Splits on AI Storage Cycle
Western Digital shares dropped 5% amid a chip selloff, as a $240 gap between Citi and UBS price targets highlights Wall Street's split on AI storage sustainability.
DigitalOcean Surges 9% on Q2 RPO Forecast Exceeding $800 Million
DigitalOcean shares surged 9% after forecasting Q2 RPO above $800 million, a 15-fold increase year-over-year, as AI cloud demand accelerates.
Trident Digital Tech Surges on Founder's Below-Market Debt Conversion
Trident Digital Tech shares jumped 46.7% after founder Soon Huat Lim announced a debt-to-equity swap at a 25% discount to market price, aiming to shore up the company's finances.
Cipher Digital Surges on Heavy Volume as Short Interest Remains Elevated
Cipher Digital jumped 8.4% on heavy volume, but short interest remains high at 16.26% of float, keeping the stock volatile amid wide analyst forecasts.
Western Digital Rebounds in Premarket Amid Divergent Analyst Views
Western Digital shares climbed 4.26% in premarket trading after a 9.92% drop, as analysts issued new bullish targets amid a wide range of views on AI storage demand.
Fox taps Tubi comms lead for digital strategy as Roku deal value shifts
Fox Corp (FOXA) has appointed Seana Sullivan, former Tubi communications head, as SVP of corporate communications to lead messaging for its digital businesses, including the planned Roku (ROKU) acquisition.
707 Cayman Holdings Surges Over 200% After Adding Digital Assets Expert to Board
Shares of 707 Cayman Holdings (NASDAQ:JEM) more than tripled Tuesday after the company announced the appointment of Robin Hoksnes Karlsen to its board, with volume surging to 82.4 million shares.
BTC Digital Soars 84% Premarket After $7M Raise Exceeds Market Cap
BTC Digital shares jumped 84.5% premarket after the company raised $7 million in a private placement, exceeding its market cap, to fund an AI computing center in Georgia.
Cipher Digital Volume Spikes on Russell Rebalance, AI Shift in Focus
Cipher Digital closed up 1.0% at $25.94 on record volume of 44.82 million shares, driven by Russell index rebalancing, as the market weighs its pivot from bitcoin mining to AI data-center development.