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The Latest Breaking News from Reginald L Smith

CleanSpark's AI Bet Heats Up With Multibillion Colocation Deals On The Table

CleanSpark, Inc. (NASDAQ:CLSK) stock rose Wednesday as the company’s latest quarterly update signaled a sharp strategic pivot toward high-demand AI infrastructure, even as near-term earnings lagged expectations.

$8 Billion Mistake: Wall Street Underprices Bitcoin Miners By 28%, JPMorgan Says

$8 Billion Mistake: Wall Street Underprices Bitcoin Miners By 28%, JPMorgan Says

The Bitcoin (CRYPTO: BTC) mining sector is running on faulty math — and the gap is big enough to distort every valuation screen on Wall Street.

Shopify 'Priced for Perfection,' Setting High Bar for Upcoming Earnings Report: Analyst

Shopify 'Priced for Perfection,' Setting High Bar for Upcoming Earnings Report: Analyst

Shopify Inc.'s (NASDAQ:SHOP) upcoming earnings are expected to showcase steady growth as e-commerce spending remains robust and its new OpenAI partnership unlocks additional value.

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Analysts Highlight IREN's Cloud Services As Long-Term Engine Behind Continued Stock Rally

IREN Limited (NASDAQ:IREN) extended its rally on Friday, continuing the momentum from the previous day. The company delivered record fiscal 2025 results that topped Wall Street estimates and unveiled a $168 million GPU expansion to accelerate its AI cloud push.

Affirm Stock Jumps As Analyst Highlights Record Spending Volumes, Strong Credit Trends

Could a fintech giant’s surprising strategy shift be the secret to doubling earnings and defying market expectations? Affirm Holdings Inc.’s (NASDAQ:AFRM) latest financial results reveal a narrative that could reshape how we view the industry’s trajectory.

Riot Rides Bitcoin To Profit, But Market Frets Over Slow Data Center Growth

Riot Platforms, Inc. (NASDAQ:RIOT) shares are trading lower on Friday.

An Analyst Sours On Upstart Stock But Says SoFi Tech Could Become 'American Express' Of Fintech

JP Morgan analyst Reginald L. Smith notes strong market cap growth for fintech stocks in 2024, but remains cautious due to valuation concerns.

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