Core Scientific to quit Bitcoin mining by year-end as AI business surges
The former Bitcoin mining heavyweight plans to become a pure-play data center provider in 2027, with mining now accounting for just 7.5% of quarterly revenue.
US Spot Bitcoin ETFs Flip to $74.6M Inflows as FBTC Leads
US spot Bitcoin ETFs flipped back to net inflows on Wednesday, November 4. The move ended a three-session stretch of heavy redemptions.
Argentina Opens New Institutional ETF Channel With 25% Mutual Fund Allocation Limit
Argentina’s CNV lets mutual funds invest up to 25% in ETFs, increasing institutional access to the first domestic ETF.
Samsung, SK Hynix Fall More Than 10% as Asian Markets Slide
KOSPI 200 futures fell 7.9%, while an ETF tracking South Korean stocks lost 13% overnight. The Philadelphia Semiconductor Index dropped more than 12%, its largest one-day loss since March 2020.
Pennant Group Revenue Rises 32% to $302.25 Million in Q3
Non-GAAP earnings per share matched estimates at $0.35, while revenue exceeded estimates by $2.78 million.
Barrett Business Services Inc. Revenue Rises 5% as Q3 Net Income Falls
Revenue reached $334.1 million for the quarter ended Sept. 30, 2026, while net income declined to $16.8 million from $20.6 million.
Ethereum Open Interest Reverses as $182 Million in ETH Longs Are Liquidated During Crypto Selloff
Ethereum open interest declined as $182 million in ETH positions were liquidated, highlighting broader leveraged deleveraging across major altcoin markets.
Fuel Tech Plans Early 2027 Board Presentation of Growth and M&A Strategy
The ongoing process includes a cross-functional employee team and external advisers, with industrial and water growth and selective acquisitions among the options being assessed.
Nasdaq Plunge Wipes Out $1.04 Trillion in Value Across Seven Major Tech Stocks
The Nasdaq plunged 5.5% on November 5 as the MAG 7 lost $1.04 trillion in market value amid AI investment concerns and broader market uncertainty.
Aave’s Risk Manager Wants a Borrowing Speed Limit After Binance Hackers Took $44.6 Million
CEO Adam Sadowski said LlamaRisk will cap what can be borrowed on Aave over certain periods of time, six days after a wallet tied to the Binance hack drew a $44.6 million ETH loan from the lender. The post Aave’s Risk Manager Wants a Borrowing Speed…