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MBBC News7 articles
Generation Mining Secures C$1.3B for Marathon Project, Issues 375M Shares
Generation Mining has secured C$1.3B for its Marathon copper-palladium project, including a C$340M final financing that brings 375M new shares. Construction is set to begin in Q4.
Marathon Digital Stock Plunges 10% on $611M Loss as AI Transition Stalls
MARA shares tumbled 10.1% after a $611 million loss and 26.7% revenue decline, intensifying concerns about its AI transition and Bitcoin exposure.
Marathon Petroleum Pulls Back After Rally Pushes Shares Past Analyst Targets
Marathon Petroleum shares fell 0.7% after a 20% weekly surge, trading 13.3% above the consensus target. Strong Q2 earnings and robust buyback projections underpin the rally.
Marathon Petroleum's Market Cap Soars $8.5B on Record Refining Margins
Marathon Petroleum's market value surged $8.5 billion as refining margins hit record highs, driving shares up 10.2% to a 52-week high.
Marathon Petroleum Shares Surge Ahead of Q1 Earnings Amid Refining Margin Spike
Marathon Petroleum shares climbed 3.2% to $240.05 ahead of its Q1 earnings, as fuel margins surged and peers Phillips 66 and Valero posted strong results.
Marathon Digital Sells $1.1B in Bitcoin to Reduce Debt, Fund AI Expansion
Marathon Digital Holdings shares gained 3.6% premarket after the company sold $1.1 billion in Bitcoin to fund a discounted debt buyback, reducing convertible obligations by approximately 30%.
Marathon Digital Outperforms Mining Peers Amid Bitcoin Volatility, Posts Heavy Loss
Marathon Digital Holdings shares advanced 1.1% on Thursday, outperforming rival bitcoin miners as the cryptocurrency traded near $70,331. The company disclosed a substantial net loss for 2025 despite a 38% revenue increase.