Streetbeat News

WULF

TeraWulf Inc.

https://www.terawulf.com

Industry

Financial - Capital Markets

TeraWulf Inc., together with its subsidiaries, operates as a digital asset technology company in the United States. It develops, owns, and operates bitcoin mining facility sites. The company operates two bitcoin mining facility sites located in New York and Pennsylvania. TeraWulf Inc. is based in Easton, Maryland.

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Shares of crypto-linked stocks are trading higher amid a rise in the price of Bitcoin.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 7:25 pm

Shares of companies in the software industry are trading higher amid overall tech sector momentum and in possibly sympathy with Cisco Systems which reported strong Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 7:33 pm

U.S. stocks saw significant gains on Thursday, with the Dow Jones index rising by around 350 points. Cisco Systems, Inc. (NASDAQ:CSCO) led the charge with an 8.4% increase following better-than-expected earnings. Other notable gainers included AST SpaceMobile, Inc. (NASDAQ:ASTS), Gambling.com Group Limited (NASDAQ:GAMB), and Ulta Beauty, Inc. (NASDAQ:ULTA), among others.

Portfolio Pulse from Avi Kapoor

August 15, 2024 | 2:46 pm

Grizzley Research has issued a critical report on TeraWulf, alleging that the company is designed to enrich insiders at the expense of investors and is backed by individuals known for pump and dump schemes.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:51 pm

TeraWulf (NASDAQ:WULF) has received a range of analyst evaluations over the past quarter, with 4 bullish and 3 somewhat bullish ratings. The average 12-month price target has increased to $7.14, up from $5.95. Analysts from firms like Rosenblatt, Roth MKM, Cantor Fitzgerald, and B. Riley Securities have raised their price targets, reflecting positive sentiment towards the company's performance and future prospects.

Portfolio Pulse from Benzinga Insights

August 14, 2024 | 5:00 pm

Top Wall Street analysts have updated their outlooks on several US-listed companies, including nCino, Intuit, Medtronic, Draganfly, Starbucks, Ibotta, TJX Companies, TeraWulf, Nurix Therapeutics, and Sportradar Group. These updates include both upgrades and downgrades, with changes in price targets and ratings.

Portfolio Pulse from Avi Kapoor

August 14, 2024 | 11:43 am

Rosenblatt analyst Kevin Cassidy maintains a Buy rating on TeraWulf (NASDAQ:WULF) and raises the price target from $4.2 to $5.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 11:11 am

TeraWulf Inc (NASDAQ:WULF) reported Q2 earnings with revenue beating estimates but EPS missing expectations. The company saw a 21% decline in Bitcoin mining year-over-year and increased power costs per Bitcoin. Despite these challenges, TeraWulf's operational hash rate grew significantly, and the company repaid substantial debt. The stock was flat in after-hours trading.

Portfolio Pulse from Adam Eckert

August 12, 2024 | 8:38 pm

TeraWulf (NASDAQ:WULF) reported Q2 2024 GAAP EPS of $(0.03), missing the $(0.02) estimate, but sales of $35.574M beat the $35.439M estimate. EPS improved by 62.5% YoY, and sales increased by 130.16% YoY.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 8:17 pm

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

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 10:27 am

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