# Earnings Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Earnings", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Company Bitfarms, successor to Bitfarms, suspends all its mining operations in the US, as $141 million loss is directed to fund AI development

Bitcoin mining company Keel Infrastructure, formerly known as Bitfarms, has shut down all its U.S. mining sites and sold 1,085 BTC for $75 million. The company, which rebranded after acquiring Bitfarms in April, is repurposing these sites into data centers for artificial intelligence. In its Q2 report, Keel posted a $141 million operating loss, partly due to depreciation. Revenue from continuing operations was $30 million, half of the previous year's figure, attributed to lower Bitcoin prices and the shutdown of a major mining site. Despite the loss, the company holds $819 million in liquidity, boosted by a recent convertible note offering. This shift is part of a broader industry trend where public miners are pivoting assets toward AI and high-performance computing deals.

cryptonews.ru08/10 22:18

Company Bitfarms, successor to Bitfarms, suspends all its mining operations in the US, as $141 million loss is directed to fund AI development

cryptonews.ru08/10 22:18

Bitdeer increased Bitcoin mining output by nearly fivefold in Q2

Bitdeer's Bitcoin mining output surged nearly fivefold year-over-year in Q2 2026, producing 2,694 BTC compared to 565 BTC in the prior year. However, the company's Bitcoin holdings on its balance sheet fell 90% to 150 BTC, following a complete liquidation of its 943 BTC treasury in February, which it attributed to liquidity needs, not a departure from its core mining business. The company reported Q2 revenue of $228.8 million, a 47% increase, slightly exceeding Wall Street estimates. Self-mining revenue was $168.4 million, driven by a 389% jump in average hashrate. Despite the revenue growth, Bitdeer's net loss widened to $92.3 million from $62.9 million. Bitdeer is expanding beyond mining, notably signing a 16-year, $4.7 billion lease for AI computing capacity in Norway.

cointelegraph08/10 13:16

Bitdeer increased Bitcoin mining output by nearly fivefold in Q2

cointelegraph08/10 13:16

Artemis: A Review of Figma's Q2 Earnings, Optimistic About Current Market Pricing

**Summary of "Artemis: Figma Q2 Earnings Review, Bullish on Current Market Pricing"** Following Figma's strong Q2'26 earnings report (revenue of $370.1M, up 48% YoY), the stock price fell 17%. The article argues this market reaction is mistaken, as it underestimates Figma's transformation from a tool for designers to the foundational design layer for all software creation in the AI era. Key supporting arguments are: 1. **Rise of the "Product Engineer":** AI is lowering coding barriers, leading to the emergence of hybrid "product engineers" who handle both engineering and design. As engineering teams are historically larger than design teams, this role significantly expands Figma's potential user base. 2. **AI Agents as Users:** The future SaaS model will charge not only for human users ("seats") but also for the work done by AI agents on their behalf. These agents will consume computational resources within Figma (e.g., editing components, converting designs to code), creating a new revenue stream. 3. **Margin Expansion:** While AI inference initially pressured gross margins, Figma's introduction of paid credits for AI usage (like Figma Make) has allowed its non-GAAP gross margin to recover to 85% in Q2'26. Monetizing its AI products further will likely drive continued margin improvement. The article acknowledges the long-term risk that AI tools like Claude could bypass the "design-to-code" workflow entirely. However, Figma's established customer base, integrated workflows, and embedded design systems act as strong moats for the foreseeable future. The author contends the market is mispricing Figma by viewing it as just a design software company. With sustained high growth (40%+ YoY revenue growth), strong Net Dollar Retention (136%), and its strategic positioning for the AI-driven future, Figma's Total Addressable Market (TAM) is much larger than currently priced. The future narrative involves more creators using Figma, more AI agents operating on its platform, and effective monetization of that AI usage.

marsbit08/10 09:42

Artemis: A Review of Figma's Q2 Earnings, Optimistic About Current Market Pricing

marsbit08/10 09:42

Bernstein Research Report Analysis: Datadog Q2 Growth Peaks, Mild Deceleration in H2 Inevitable

Bernstein Research Report Summary: Datadog Q2 Growth Peaks, Moderate Deceleration in H2 Inevitable Datadog reported strong Q2 2026 results, with revenue up 35.6% YoY, marking its strongest growth since 2022 and exceeding guidance. However, Bernstein analysts interpret this as a growth peak, forecasting a slowdown of roughly 200 basis points to around 33% in the second half of the year. Key deceleration signals include reduced consumption from its largest AI customer, identified as OpenAI, upon Q3 contract renewal. This is expected to cause a one-time dip in Net Revenue Retention (NRR). While other AI clients are growing rapidly, they remain too small to offset this headwind. Furthermore, AWS web traffic data suggests a potential temporary "air pocket" of softer demand in Q4 for non-AI segments, though Bernstein views this as non-structural. Bernstein maintains a "Market-Perform" rating with a $237 target price, citing valuation and crowded investor positioning as the primary risks, not business fundamentals. They argue that the stock's premium valuation (e.g., ~105x 2026 adjusted P/E) already prices in sustained acceleration, leaving it vulnerable to disappointment as growth moderates. Long-term positives like platform convergence and BYOC architecture adoption are acknowledged but seen as fully priced in.

marsbit08/10 07:36

Bernstein Research Report Analysis: Datadog Q2 Growth Peaks, Mild Deceleration in H2 Inevitable

marsbit08/10 07:36

Wall Street Morning Brief: Dismal Nonfarm Sparks Rate Cut Trading, Optical Interconnects Begin to Outshine Storage, 'Short Storage, Long Optics' Becomes New Battlefield

Wall Street Morning Report: Key takeaways from market movements and upcoming events. Weak U.S. July non-farm payrolls (-23K vs. +80K expected) significantly reduced expectations for a September Fed rate hike, boosting equities. All eyes are on Wednesday's CPI data for further direction. Geopolitical tensions in the Middle East pushed oil prices higher, while gold surged over 7% weekly. A notable sector rotation emerged within AI infrastructure, with a "short memory, long optics" trade gaining traction. Optical communication stocks like Coherent and Lumentum outperformed, while memory stocks (Seagate, Western Digital, SK Hynix) faced pressure amid concerns over peak pricing and ETF outflows. Software also rallied strongly (Palantir, Atlassian). Key stock moves: SpaceX surged ~23% over two days post-lockup expiration. Palantir jumped nearly 40% weekly on strong U.S. commercial growth. Nvidia rose over 11% weekly, with a reported major investment in AI data center power. Apple is testing ChangXin Memory chips for potential use in China-sold devices. Berkshire Hathaway resumed net stock buying, with Alphabet becoming its top holding. Upcoming focus: Key earnings from Lumentum, CoreWeave, Supermicro (Aug 12), Cisco, and Coherent (Aug 13) to test AI infrastructure demand. U.S. CPI and PPI data (Aug 12 & 14) crucial for Fed policy outlook. Major events include Tencent's earnings, Google's Pixel launch, and the SEC 13F filing deadline.

marsbit08/10 05:07

Wall Street Morning Brief: Dismal Nonfarm Sparks Rate Cut Trading, Optical Interconnects Begin to Outshine Storage, 'Short Storage, Long Optics' Becomes New Battlefield

marsbit08/10 05:07

After Three Years of Reducing Stock Holdings, Warren Buffett Finally Makes a Move

After three consecutive years of net stock sales, Berkshire Hathaway, under the leadership of CEO Greg Abel, has returned to net buying. According to its Q2 2026 earnings report, the conglomerate made net stock purchases of approximately $19.8 billion, including a significant $10 billion private investment in Alphabet (Google's parent company), making it a top-five holding. This marks a strategic shift under Abel's tenure, suggesting increased comfort with major tech investments. The quarter also saw Berkshire resume share buybacks, spending about $4.5 billion. Consequently, its massive cash and Treasury holdings decreased from a peak near $400 billion to about $364.7 billion. The report contrasts Berkshire's recent patience—criticized during the AI/semiconductor market frenzy—with its disciplined approach of waiting for reasonable prices. The move underscores the firm's long-term value investing philosophy, using its cash reserves to act decisively when market conditions align.

Odaily星球日报08/10 03:01

After Three Years of Reducing Stock Holdings, Warren Buffett Finally Makes a Move

Odaily星球日报08/10 03:01

U.S. Stocks Trend (August 10): Nonfarm Payrolls Drop by 23K, Inflation Takes Over to Test New Highs

US Stock Market Weekly Review (August 10th): Nonfarm Payrolls Drop by 23K, Inflation Takes Over Testing New Highs Last week, US stocks closed with their strongest weekly gains since mid-April, led by a tech rebound and adjusted rate expectations. The S&P 500 and Dow hit new record closing highs. Weekend developments centered on Strait of Hormuz negotiations, Berkshire Hathaway's capital deployment, and US government funding. The core focus this week shifts to whether incoming inflation data can justify current market pricing for interest rates. The July Nonfarm Payrolls report showed a loss of 23,000 jobs, missing expectations and leading to a decline in September rate hike probabilities. This eased pressure on tech valuations. However, discussions between Iran and Oman on Strait of Hormuz navigation are pending execution, and renewed attacks on energy facilities kept oil prices volatile, with potential implications for inflation. Berkshire Hathaway reported strong earnings and shifted its capital allocation strategy, ending a long streak of net stock sales and making significant new investments, including in Alphabet. The US Senate passed a stopgap funding bill, reducing near-term government shutdown risks. This week's calendar is dominated by key inflation readings (July CPI & PPI), retail sales data, and earnings from AI and tech infrastructure companies like CoreWeave, Lumentum, Cisco, and Applied Materials. The market expects CPI to show a moderation. If inflation data is benign, supporting stable or lower Treasury yields, and corporate earnings remain solid, indices may find further upside. Conversely, a resurgence in inflation or rising oil prices could trigger a swift reversal in interest rate expectations, testing the market's record highs.

marsbit08/10 02:32

U.S. Stocks Trend (August 10): Nonfarm Payrolls Drop by 23K, Inflation Takes Over to Test New Highs

marsbit08/10 02:32

If Democrats Regain Majority in House of Representatives, Priority Will Be Investigation of Trump, Not CLARITY Act

If Democrats regain a majority in the House of Representatives in the November midterm elections, their priority is expected to be investigating President Donald Trump's finances and cryptocurrency dealings, rather than advancing the CLARITY Act. Key Democrat Jamie Raskin has labeled corruption around presidential power a "civil emergency" and plans to compel testimony on issues including Trump's crypto earnings, his son Barron's role at World Liberty Financial, and potential emoluments clause violations. Trump reported over $1 billion in crypto income for 2025, largely from 'Celebration Coins' ($TRUMP memecoin) royalties and family-linked crypto ventures. Meanwhile, the CLARITY Act, crucial for crypto market structure, is stalled in the Senate, needing 60 votes to overcome a filibuster. Democrats refuse support unless it addresses Trump's crypto conflicts of interest, proposing ethics provisions. Senators Warren and Blumenthal have also asked the SEC to investigate the $TRUMP memecoin as a potential fraud. Corporate spending on elections by crypto and tech firms exceeds $294 million. Prediction markets now give the CLARITY Act only a 38% chance of passing this year, down from over 80%.

cryptonews.ru08/08 22:14

If Democrats Regain Majority in House of Representatives, Priority Will Be Investigation of Trump, Not CLARITY Act

cryptonews.ru08/08 22:14

Circle has extended its agreement with Coinbase for USDC and ruled out the possibility of dividend payments

Circle has renewed its partnership with Coinbase for USDC and ruled out paying dividends to shareholders, reaffirming its focus on growth over shareholder returns. The stablecoin issuer announced the extension of its unchanged agreement with Coinbase during its Q2 earnings call. The deal ensures USDC remains deeply integrated across all Coinbase products. CEO Jeremy Allaire highlighted that beyond Coinbase, Circle has over 150 distribution partnerships with economic incentives to promote USDC adoption. On financial returns, CFO Jeremy Fox-Geen stated clearly that the company has no plans to initiate quarterly dividend payments. Instead, Circle prioritizes maintaining a strong balance sheet to invest through market cycles and pursue strategic opportunities. The leadership believes shareholders will gain greater value from the platform's long-term growth potential than from near-term capital returns. This dual strategy underscores Circle's commitment to expanding USDC's reach and utility. The company reported Q2 total revenue and reserve interest income of $701 million, up 7% year-over-year, with USDC circulation at $73.3 billion.

cryptonews.ru08/08 15:25

Circle has extended its agreement with Coinbase for USDC and ruled out the possibility of dividend payments

cryptonews.ru08/08 15:25

CleanSpark Misses Wall Street Revenue Estimates, Shares Drop

Bitcoin mining firm CleanSpark (Nasdaq: CLSK) reported Q3 FY2026 revenue of $138 million, missing Wall Street consensus estimates of $142.2 million. The figure represents a 30.5% year-over-year decline from $198 million. The company posted a net loss of $239 million ($0.89 per basic share), a stark reversal from a net profit of $257 million ($0.90 per share) in the same quarter last year. Its stock fell 5.5% on Thursday but rebounded 3% in Friday's premarket, trading above $13.10. CleanSpark is diversifying beyond Bitcoin mining, recently signing a 20-year lease with an unnamed investment-grade tech company for a 175-megawatt data center in Georgia, a deal estimated to generate $6.6 billion in contract revenue.

cryptonews.ru08/08 00:01

CleanSpark Misses Wall Street Revenue Estimates, Shares Drop