Meme stocks were big wealth creators for retail investors during the euphoric rally of 2021. Price-action in some stocks in the recent past might indicate that the meme stock season is returning. GameStop (NYSE:GME) stock was trading at $10 in April. By the second week of May, GME stock had touched 52-week highs of $64.8. Similarly, Novavax (NASDAQ:NVAX) stock has skyrocketed by 265% in the last month. Of course, these are selected instances of stock frenzy. I believe it's likely to be more widespread in th ...

Sure, you can buy a spot Bitcoin (BTC-USD) exchange-traded fund, but here's a much more interesting idea: Marathon Digital (NASDAQ:MARA) is a premier crypto miner with impressive financials. As you learn more about the company, you'll see why Marathon Digital stock is a prime pick for Bitcoin aficionados. Besides, Marathon Digital isn't too richly valued, so it's a great time for investors to apply a "buy low, sell high" strategy. But don't just take my word for it, as the data will support my bullish thesi ...

Marathon Digital Holdings has risen to the top of the Bitcoin mining industry. But can it keep it up? In the crowded and highly competitive Bitcoin (CRYPTO: BTC) mining industry, Marathon Digital Holdings (MARA 5.63%) has emerged as a prominent player. At the peak of the last crypto bull market, Marathon Digital's stock price had soared by more than 2,400% to $75. Yet the crypto winter was harsh to Marathon Digital, just as it was to most other players in the industry. By the start of 2023, it was back down ...

Statements made in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Forward- looking statements can be identified by the use of words such as "may," "will," "plan," "should," "expect," "anticipate," "estimate," "continue," or comparable terminology. Such forward-looking statements are inherently subject to certain risks, trends and uncertainties, many of which the Company ...

Agreement Establishes a Joint Steering Committee and a Framework To Utilize Green Data Centers To Optimize Renewable Energy Projects, Advance Technological Infrastructure, and Promote Economic Development across the Republic of Kenya Fort Lauderdale, FL, May 24, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a global leader in leveraging digital asset compute to support the energy transformation, has entered into an agreement with the Ministry of Energy and ...

Marathon Digital Holdings, Inc. (MARA) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Shares of this company have returned +23.8% over the past month versus the Zacks S&P 500 composite's +2.5% change. The Zacks Technology Services industry, to which Marathon Digital belongs, has gained 2.4% over this period. Now the key question is: Where could the stock be heade ...

The company looks like a decent buy on weakness just now. In his analysis, Dede waxed bullish about the recent recovery of a Marathon mining site, which experienced a shutdown but is now back in operation. Given this, he's expecting solid growth in the company's May performance when the company reports its monthly figures for that period. Where Bitcoin goes... Dede's price target reduction was due to the fading of this year's great crypto market catalyst, the launch of spot Bitcoin exchange-traded funds (ET ...

Marathon Digital Holdings, Inc. (NASDAQ:MARA) Q1 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Company Participants Robert Samuels - VP, IR Fred Thiel - Chairman and CEO Salman Khan - CFO Conference Call Participants Lucas Pipes - B. Riley Securities Joe Flynn - Compass Point Research Kevin Dede - H.C. Wainwright John Todaro - Needham & Company Operator Good day, ladies and gentlemen. Welcome to Marathon Digital Holdings' First Quarter 2024 Earnings Webcast and Conference Call. I would now like to tu ...

Marathon Digital Holdings, Inc. (MARA) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of $0.02. This compares to loss of $0.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -400%. A quarter ago, it was expected that this company would post earnings of $0.05 per share when it actually produced a loss of $0.02, delivering a surprise of -140%.Over the last four quarters, the company has no ...

Exhibit 99.1 Marathon Digital Holdings Reports First Quarter 2024 Results – Revenues Increase 223% to a Record $165.2 Million – Net Income Increases 184% to a Record $337.2 Million, or $1.26 per Diluted Share – Adjusted EBITDA Increases 266% to a Record $528.8 Million Fort Lauderdale, FL – May 9, 2024 – Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), global leader in leveraging digital asset compute to support the energy transformation, reported its financial and operational results ...