Streetbeat News

SLNH

Soluna Holdings, Inc.

https://www.solunacomputing.com

Industry

Hardware, Equipment & Parts

Soluna Holdings, Inc. builds and develops modular data centers for cryptocurrency mining. It also operates in the blockchain business. The company is headquartered in Albany, New York.

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Soluna shares are trading higher after the company reported a year-over-year increase in Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 2:11 pm

Soluna Holdings (NASDAQ:SLNH) reported Q2 earnings per share (EPS) of $(2.97), a significant improvement from $(6.75) YoY. Sales increased to $9.68M from $2.07M YoY, marking a 367.84% rise.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 12:46 pm

Soluna Holdings reported Q2 revenue of $9.7 million, a significant increase from $2.1 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 12:21 pm

Shares of companies within the broader technology sector are trading higher amid overall market strength following softer-than-expected PPI figures.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 3:40 pm

Soluna Holdings has announced several key updates: reserving 512 H100 SXM GPUs with HPE for AI workloads, closing $30M funding for Project Dorothy 2 expansion, raising an additional $1.25M for Soluna Cloud, and partnering with HPE to deliver sustainable enterprise AI. CEO John Belizaire will also attend an HPE and AMD executive panel and speak at the 2024 Ai4 Conference.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 12:19 pm

Soluna Holdings has announced a collaboration with Hewlett Packard Enterprise to deliver AI sustainability cloud solutions. This partnership aims to support AI training and customization of language models for enterprise customers, marking a significant milestone in environmentally friendly AI operations.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:03 pm

Soluna Holdings, Inc. (NASDAQ: SLNH) has expanded its funding for its AI business, Soluna Cloud, by $1.25 million, bringing the total to $13.75 million. This funding will support the growth of scalable, sustainable enterprise computing solutions.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 12:02 pm

Shares of crypto stocks are trading higher amid a rebound in Bitcoin.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 2:45 pm

Soluna Holdings, Inc. (NASDAQ: SLNH) has raised $12.5 million to support the launch of Soluna Cloud, which will utilize NVIDIA H100 GPUs. The company expects to generate $16M-$26M in annual revenue and $38M-$80M over the life of the contract.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 12:02 pm

The article highlights the performance of 12 information technology stocks during Thursday's after-market session. Notable gainers include Alpine 4 Holdings (ALPP), Soluna Holdings (SLNH), and UTime (WTO), while significant losers include SMX (Security Matters) (SMX), Mobilicom (MOB), and Rackspace Tech (RXT).

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 8:31 pm

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