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The Latest Breaking News from CAN

Why Bitcoin- And Ethereum-Related Stock Canaan Is Rising

Canaan Inc - ADR (NASDAQ: CAN) shares are trading higher after the company reported fourth-quarter ADS and sales results were higher year-over-year and issued guidance.

Benzinga

Canaan Revenue Jumps 57 Times In Q4 Backed By Computing Power Sales; Issues Robust Outlook

Canaan Inc's (NASDAQ:CAN) fourth-quarter FY21 revenue jumped 57 fold year-on-year to $342.8 million. Revenue increased 65.8% sequentially. Total computing power sold increased 15.5% Q/Q to 7.7 million Thash/s, mainly driven by the solid market demand and the delivery of Bitcoin mining machines. Products revenue grew 57 fold Y/Y to $340.4 million. Earnings per…

Benzinga

Winter Olympics day 12: Canada crash out of men’s ice hockey – as it happened

Another busy day saw upsets, tight finishes, American success and more fallout from the Kamila Valieva controversy

The Guardian - AU

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Alibaba Partners With Canaan Over AI

Alibaba Group Holding Ltd (NYSE:BABA) has collaborated with Canaan Inc (NASDAQ:CAN), CoinDesk reports. The partnership is concerned with artificial intelligence. Alibaba, which aims to build the future commerce infrastructure, will declare its December quarter results on February 24. Related Content: Tencent, Alibaba Deny Launching NFT Trading Platforms To Chinese Regulators Canaan is a leading high-performance computing solutions…

Benzinga

Beijing Winter Olympics 2022 day three – as it happened

The first Monday of the XXIV Olympic Winter Games

The Guardian - AU

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