Core Scientific, Inc. (CORZ)
Core Scientific: Higher Digital Asset Prices And Making Progress On Debt
Core Scientific: Higher Digital Asset Prices And Making Progress On Debt
Core Scientific CEO on the crypto mining company's AI ambitions
Core Scientific CEO Adam Sullivan discusses the company's AI ambitions.
Core Scientific finds a balance in bitcoin mining and AI: CEO
Some bitcoin (BTC-USD) miners are shifting into artificial intelligence (AI) and selling their existing power to AI data centers as Big Tech companies look for power sources capable of meeting the energy-intensive needs of AI infrastructure. Core Scientific (CORZ) CEO and president Adam Sullivan joins Madison Mills on Catalysts to talk about how the company is balancing its resources to facilitate crypto mining and AI data centers.
The Big 3: CORZ, SMCI, RTX
Ahead of Nvidia's (NVDA) earnings, today's Big 3 turns to the tech trade. Kenny Polcari and Oliver Renick break down the bullish factors behind Core Scientific (CORZ), Supermicro (SMCI) and RTX Corp. (RTX).
Core Scientific, Inc. (CORZ) Q3 2024 Earnings Call Transcript
Core Scientific, Inc. (CORZ) Q3 2024 Earnings Call Transcript
2 Bitcoin mining stocks not to ignore amid growing AI demand
The Bitcoin (BTC) mining sector is experiencing renewed investor interest, driven by Bitcoin's recent rally past $70,000 and a shift toward AI-focused business models among key mining players.
Struggling bitcoin miners may be revived by Fed rate decision, regardless of cut size
Whether the Federal Reserve delivers a 25 or 50 basis point rate cut, it could mean a turnaround for bitcoin miners, which have been struggling so far this year, market participants said.
Executives Buying Core Scientific And 2 Other Stocks
Although U.S. stocks closed mixed on Wednesday, there were a few notable insider trades.
What Makes Core Scientific, Inc. (CORZ) a New Buy Stock
Core Scientific, Inc. (CORZ) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Recent Price Trend in Core Scientific, Inc. (CORZ) is Your Friend, Here's Why
Core Scientific, Inc. (CORZ) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.
Core Scientific: Deserves Better As HPC Moves Into High Gear
Despite having seen its share price fluctuating alongside Bitcoin since the halving event, Core Scientific has nonetheless delivered a net upside of 200%. Still, it is underpriced based on potential revenues to be obtained from HPC or High-Performance Computing leasing. Also, volatility is likely to continue in the short term due to predominant exposure to digital assets, but the strong operational performance and HPC focus are key advantages.
Core Scientific, Inc. (CORZ) Q2 2024 Earnings Call Transcript
Core Scientific, Inc. (NASDAQ:CORZ ) Q2 2024 Earnings Conference Call August 7, 2024 4:30 PM ET Company Participants Steve Gitlin – Senior Vice President, Investor Relations Adam Sullivan – Chief Executive Officer Denise Sterling – Chief Financial Officer Conference Call Participants Greg Lewis – BTIG Lucas Pipes – B. Riley Securities Joe Flynn – Compass Point Research Brett Knoblauch – Cantor Fitzgerald Joseph Vafi – Canaccord Genuity Darren Aftahi – Roth Capital Partners Rosemarie Sison – Odeon Capital Kevin Dede – H.C.
