Lesser-known high-potential tech stocks are a great way to invest in a growing stock market powered by Nvidia (NASDAQ:NVDA). The chip giant is a big reason why the three major stock indices ended the first quarter with five months of gains in a row. With three potential rate cuts, expect the fun to continue. After the market closed on Wednesday, the tech giant posted better-than-expected earnings for the fiscal first quarter, which sent the stock up by 7% to over $1,000, with the 10-for-1 stock split and th ...

When we think about the major indexes, we usually think of the NASDAQ, the S&P 500 and the Dow Jones Industrial Average. But if you want a full picture of the US stock market, you should also include the Russell 2000. This is the index that holds 2000 of the top American small-cap stocks, and sifting through it can be incredibly beneficially to finding small-cap gems to round out your portfolio. Likely, you have probably seen it mentioned by its ticker symbol IWM, which is the ETF that tracks the index. For ...

The cryptocurrency market suffered a severe blow in April after a strong rally in the previous 15 months. On Mar 14, the largest cryptocurrency, Bitcoin (BTC), recorded an all-time high of 73,750.07. However, it has fallen nearly 15% thereafter. Bitcoin gained more than 67% in first-quarter 2024 after jumping 157% in 2023. At present, Bitcoin is 9.3% below its all-time high.One of the major reasons for the decline in Bitcoin price was the halving event that took place last month. The Bitcoin halving event h ...

Broad stock market indexes have again made new all-time highs this week, confirming the current bull market. The ~6% pullback seen in the S&P 500 in April was as generic as a bull could have asked for, and the strong snapback to new highs should encourage investors looking to add risk to their portfolios.Although I was exclaiming on the way down that this would be a fantastic buying opportunity, if you didn’t buy on the way down there is no need to fret because I believe we are on the cusp of another big bu ...

CleanSpark (CLSK) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.The upward trend in estimate revisions for this company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings es ...

CleanSpark (CLSK) closed the last trading session at $15.55, gaining 5.9% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $20.70 indicates a 33.1% upside potential.The mean estimate comprises six short-term price targets with a standard deviation of $5.38. While the lowest estimate of $14.20 indicates an 8.7% decline from the current price level, the most optimistic analyst expects ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about CleanSpark (CLSK) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.CleanSpark currently has an average brokerage recommendation ...

Bitcoin production despite global hashrate growth stayed strong, even beating our prior quarters production, placing us amongst the highest producers in the industry. Since the start of 2024, we've experienced exceptional I want to pause a moment here to underscore how important our growth has been. We've had a lot of talk lately about the program halving and its impact on minor revenue. What ran under the radar is the fact that we experienced a halving of source already with global hashrates dramatic rise ...

UNITED STATES FORM 10-Q TABLE OF CONTENTS Item 4: Controls and Procedures 19 Washington, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.001 per share CLSK The Nasdaq Stock Market LLC Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file suc ...

CLEANSPARK, INC. CLEANSPARK, INC. RECONCILIATION OF ADJUSTED EBITDA (Unaudited, in thousands) Investor Relations Contact Brittany Moore 702-989-7693 ir@cleanspark.com FY2024 Second Quarter Revenue of $111.8 million, net income of $126.7 million and Adjusted EBITDA of $181.8 million Current hashrate surpasses 17 EH/s CleanSpark Reports Second Quarter FY2024 Financial Results Revenue grows 163% YoY "We've achieved remarkable milestones this past quarter, ultimately becoming what we believe to be the top opera ...