Riot Platforms(RIOT)
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Why the Market Dipped But Riot Platforms, Inc. (RIOT) Gained Today
ZACKS· 2025-10-14 22:51
Company Performance - Riot Platforms, Inc. closed at $22.19, with a daily increase of +2.26%, outperforming the S&P 500's loss of 0.16% [1] - The company's shares have increased by 30.1% over the last month, significantly surpassing the Finance sector's loss of 1.81% and the S&P 500's gain of 1.14% [1] Upcoming Earnings - The upcoming earnings release is highly anticipated, with projected earnings per share (EPS) of -$0.19, reflecting a 64.81% increase from the same quarter last year [2] - Revenue is forecasted to be $164.67 million, indicating a 94.21% growth compared to the same quarter of the previous year [2] Full Year Projections - For the full year, earnings are projected at -$0.67 per share, representing a change of -297.06% from the prior year [3] - Revenue for the full year is estimated at $662.78 million, which would indicate a growth of +75.96% from the previous year [3] Analyst Forecasts - Recent revisions to analyst forecasts are important, as they reflect changing business trends and can indicate a favorable outlook on the company's health and profitability [4] - The Zacks Rank system, which assesses these estimate changes, currently ranks Riot Platforms, Inc. at 3 (Hold) [6] Industry Context - Riot Platforms, Inc. operates within the Financial - Miscellaneous Services industry, which has a Zacks Industry Rank of 95, placing it in the top 39% of over 250 industries [7] - The top 50% rated industries are shown to outperform the bottom half by a factor of 2 to 1 [7]
Crypto Titans Stealing the Show: How Big Players Are Shaping the Stock Surge
Investorideas.com· 2025-10-14 13:30
Core Insights - The cryptocurrency sector is gaining mainstream legitimacy, with significant players like Thumzup Media Corporation (Nasdaq: TZUP) and American Bitcoin Mining Corp. (Nasdaq: ABTC) emerging as key contributors to this evolution [4][13] - BlackRock's iShares Bitcoin Trust (Nasdaq: IBIT) has become the most profitable ETF ever, with nearly $100 billion in assets and $245 million in fees, highlighting the institutional embrace of Bitcoin [4][14] Company Developments - Thumzup Media Corporation is pivoting towards digital innovation, recently appointing Chris Ensey, a crypto veteran, to its Board of Directors ahead of its merger with Dogehash Technologies [4][8] - The company has acquired approximately 7.5 million Dogecoin tokens valued at around $2 million, aligning with the anticipated launch of DOGE ETFs [14][15] - Ensey's extensive experience in technology and risk mitigation is expected to guide Thumzup's growth and innovation strategy post-merger [9][11] Industry Trends - The landscape of prominent figures in the cryptocurrency sector is shifting, with new entrants like the Trump family making significant moves through American Bitcoin Mining Corp. [5][7] - The approval of Bitcoin ETFs, particularly BlackRock's, marks a significant milestone in the sector's path to legitimacy, attracting institutional investors [14] - The increasing recognition of Dogecoin, supported by the expected launch of DOGE ETFs, is seen as a transformative moment for the digital asset landscape [15]
U.S. Stock Futures Soar as Trade Tensions Ease, Earnings Season Kicks Off
Stock Market News· 2025-10-13 13:07
Market Sentiment and Performance - U.S. equity futures are showing a strong rebound, indicating a positive start to the week, driven by President Trump's conciliatory tone on trade relations with China [1][3] - Dow Jones Industrial Average (DJIA) futures are up approximately 0.9% to 1.44%, S&P 500 (SPX) futures have climbed between 1.2% and 1.43%, and Nasdaq 100 (NDX) futures are leading with gains of 1.4% to 2.69% [2] - The broader U.S. stock market index (US500) has risen to 6638 points, reflecting a 1.30% increase from the previous session and a 13.27% increase over the past year [4] Major Stock Movements - The "Magnificent 7" technology giants are experiencing significant gains, with Nvidia Corp. up 3.57%, Tesla Inc. up 2.70%, and Amazon.com Inc. climbing 2.09% [9] - Chipmakers like Advanced Micro Devices (AMD) and Nvidia (NVDA) are poised for a strong rebound after being affected by trade concerns [10] - MP Materials, a key player in rare earth minerals, surged 10% in premarket trading due to easing U.S.-China trade tensions [11] Earnings Season and Economic Indicators - The upcoming week marks the start of earnings season, with major financial institutions set to report third-quarter results, including JPMorgan Chase, Wells Fargo, and Goldman Sachs [7] - Investors are closely monitoring economic indicators, including the NAHB Housing Market Index and various production and employment figures, despite the ongoing U.S. government shutdown [6] International Trade Data - China's September trade figures showed exports surging 8.3% year-over-year and imports growing 7.4%, indicating resilience amid global trade tensions [8]
Thumzup Appoints Veteran Blockchain and Infrastructure Executive Chris Ensey to Board of Directors - Thumzup Media (NASDAQ:TZUP)
Benzinga· 2025-10-13 12:18
Core Insights - Thumzup Media Corporation has appointed Chris Ensey to its Board of Directors, effective October 14, 2025, as the company prepares for its merger with Dogehash Technologies, Inc. [1][8] - Ensey brings over two decades of experience in technology, cybersecurity, and data center development, positioning him to guide Thumzup's growth [2][3] - The appointment reflects Thumzup's commitment to enhancing its Board with expertise in finance, technology, and digital assets, crucial for executing its post-merger strategy [5][6] Company Overview - Thumzup Media Corporation is focused on digital marketing and financial innovation, with plans to expand its treasury strategy beyond Bitcoin to include other leading cryptocurrencies [6] - The company is evolving into a diversified digital innovation enterprise, aiming for market leadership and sustained value creation [5][6] Leadership Background - Chris Ensey has held significant roles in both public and private sectors, including as CEO of Aligned and COO of Riot Blockchain, where he led strategic expansion during a dynamic phase of the crypto market [2][3][4] - His experience includes contributions to major companies in the blockchain and cybersecurity sectors, enhancing industry standards [3][4] Strategic Direction - Ensey's expertise in technology and risk mitigation aligns with Thumzup's vision as it advances towards the DogeHash merger [4][5] - The company aims to unite technology, creativity, and financial innovation under Ensey's guidance, enhancing its capabilities in the digital asset ecosystem [5][6]
X @Bitget
Bitget· 2025-10-13 07:14
Although past 48h were choppy, but these stocks outpaced the dip:1️⃣ RIOT +14% boosted by BTC’s rally.2️⃣ ARM +5% with chip demand rising.3️⃣ ORCL +4% with cloud & AI growth.What tokens are you watching now?Start trading! 👉 https://t.co/3zxlrsmIYv https://t.co/3ewiIAxjEY ...
CHIPOTLE AND RIOT GAMES INTRODUCE THE CHIPOTLE CHALLENGER BUNDLE IN 2XKO
Prnewswire· 2025-10-07 15:00
Core Points - Chipotle Mexican Grill has launched the "Chipotle Challenger Bundle" in partnership with Riot Games' new fighting game 2XKO, allowing players to unlock exclusive in-game items by placing digital orders [1][8] - The bundle includes Chipotle-themed digital items for players' avatars, such as a hoodie, sweatpants, sneakers, hat, sling backpack, and a sticker [2][4] - This initiative is part of Chipotle's ongoing support for the Fighting Game Community (FGC) and aims to enhance player engagement through unique brand integration [6][8] Company and Industry Summary - The "Chipotle Challenger Bundle" is available for players who order through the Chipotle app or website using the promo code "LETSDUO," starting today and while supplies last [3][8] - Chipotle's partnership with Riot Games was initially announced before Evo Las Vegas 2025, featuring tournaments and community engagement activities [7] - The promotion is limited to the first 40,000 customers who order a regular-priced entrée item, with codes redeemable until February 7, 2026 [9]
Why Riot Platforms Stock Skyrocketed by Nearly 11% on Monday
Yahoo Finance· 2025-10-06 22:36
Core Insights - Riot Platforms experienced a significant share price increase of nearly 11% following a positive operational update and an analyst's price target increase [1] - Analyst Brett Knoblauch from Cantor Fitzgerald raised the price target for Riot's shares from $22 to $26 while maintaining an overweight (buy) recommendation [2] Operational Performance - In September, Riot produced 445 Bitcoins, a decrease from 477 in August but an 8% increase year-over-year [3] - The company sold 465 Bitcoins in September, surpassing the 450 sold in August [4] - Riot's total Bitcoin holdings improved significantly compared to September 2024, with 19,287 Bitcoins held versus 10,427, although this was a slight decrease from August's 19,309 [4] Growth Potential - Knoblauch highlighted that Riot is well-positioned for growth, particularly at its Corsicana site, where capacity is being built out for artificial intelligence (AI) and high-performance computing (HPC) [5]
Bitcoin Mining Stocks Jump as Crypto Market Continues Historic Rally
Yahoo Finance· 2025-10-06 21:14
Core Insights - Bitcoin's price reached a new all-time high of $126,080, leading to significant gains in Bitcoin mining company stocks, which rose even more rapidly than Bitcoin itself [1][4] - Major public mining companies such as HIVE Digital, MARA, and CleanSpark experienced substantial stock price increases, with HIVE Digital rising by 25% to nearly $6 per share [1][2] - The attractiveness of mining stocks is enhanced by companies leveraging high-powered computing to boost profits, exemplified by Google's involvement with Bitcoin miner Cipher [2][3] Company Performance - HIVE Digital saw a 25% increase, while MARA and CleanSpark both rose by over 9%, with MARA closing at $21 per share and CleanSpark at $17 [1][2] - Riot Platforms also experienced a nearly 11% increase, closing at $21.56 [2] Market Trends - Investors are increasingly viewing Bitcoin miners as owners of valuable infrastructure, such as power contracts and grid access, rather than just as proxies for Bitcoin [3][4] - The market capitalization of Bitcoin miners reached a record high in September, driven by significant investments into Bitcoin ETFs, which saw $5.95 billion in inflows, including $3.55 billion specifically into Bitcoin funds [5]
Comerica, Critical Metals, Heidrick & Struggles International And Other Big Stocks Moving Higher On Monday - Archer Aviation (NYSE:ACHR), Arteris (NASDAQ:AIP)
Benzinga· 2025-10-06 15:54
Core Insights - U.S. stocks exhibited mixed performance, with the Nasdaq Composite increasing by over 100 points on Monday [1] - Comerica Incorporated's shares surged 15.7% to $81.64 following the announcement of its acquisition by Fifth Third Bancorp for $10.9 billion [1] Company Performance - Critical Metals Corp. saw a significant increase in shares, jumping 78.8% to $14.27 after securing a $35 million securities purchase agreement [3] - Pioneer Ltd experienced a gain of 51.2%, reaching $7.18 [3] - Arteris, Inc. shares rose by 31.7% to $14.47 [3] - Advanced Micro Devices, Inc. surged 27.6% to $210.18 due to a multi-year partnership with OpenAI involving 6 Gigawatts of AMD GPUs and a warrant for up to 160 million shares [3] - Kopin Corporation's shares increased by 25.5% to $3.5391 following a $41 million PIPE financing announcement [3] - Sanmina Corporation rose 23.6% to $140.99 [3] - HIVE Digital Technologies Ltd. gained 23.2% to $5.48, with a 138% year-over-year increase in September Bitcoin output [3] - Eightco Holdings Inc. rose 21.1% to $9.98 [3] - Heidrick & Struggles International, Inc. jumped 19.8% to $58.31 after announcing a definitive agreement for acquisition valued at $1.3 billion [3] - Solid Power, Inc. increased by 19.4% to $5.16 [3] - UiPath Inc. rose 14.6% to $14.78 [3] - Diginex Limited gained 13.6% to $18.70 after completing the acquisition of Matter DK ApS [3] - Riot Platforms, Inc. rose 12.2% to $21.81, with an analyst maintaining an Overweight rating and raising the price target from $22 to $26 [3] - Eos Energy Enterprises, Inc. increased by 13.1% to $14.25 following a strategic partnership announcement with Unico [3] - IREN Limited jumped 10.6% to $55.84 [3] - Lumen Technologies, Inc. gained 10.3% to $7.24 [3] - Archer Aviation Inc. rose 9.9% to $12.72 [3]
Crypto Stocks Are Getting a Lift After Bitcoin's Price Touches a Record High
Yahoo Finance· 2025-10-06 15:05
Romain Costaseca / Hans Lucas / AFP via Getty Images The price of a bitcoin topped $125,000 over the weekend. Bitcoin (BTCUSD) is giving crypto stocks a lift after its price topped $125,000 over the weekend, reaching a new record. The world's largest cryptocurrency had been on a weeklong rally, validating bitcoin bulls' anticipation of fresh highs after September-end swoons. Bitcoin treasury Strategy (MSTR), crypto exchange Coinbase Global (COIN), and stablecoin issuer Circle (CRCL) were up at least 2% M ...