OPEN Hey there- anyone here? I am thinking about DCA-ing in now. I would love to hear feedback from anyone else who is watching this stock. I have been in Real Estate for 20 years...I have a feeling disrupter companies such as OPEN will do well in the coming years.
CLSK Analyst Mike Colonnese (HC Wainwright ) reiterated a Buy rating and price target of $27.
CleanSpark, a Bitcoin mining company that offers investors "pure-play exposure" to the world's largest crypto, reported "solid" results for the fourth quarter and fiscal 2024, Colonnese said in a note.
"FY2024 was another strong year of execution for CLSK," with the company growing total deployed capacity by 187% year-on-year to 27.6 EH/s at the end of September versus an average of around 75% for its peers, the analyst stated. CleanSpark also improved its overall fleet efficiency by 23%, he added.
The company's revenue grew by 125% to $379 million on total Bitcoin production of 7,098 for the year. Its adjusted EBITDA and margins grew to $246 million and 65%, respectively, "a significant improvement from 225M/15% in the prior year on higher BTC prices and lower power costs," Colonnese wrote.
Management reiterated their prior calendar year 2024 and 2025 guidance of 37 EH/s and 50 EH/s, respectively.
OPEN Hello dear traders! Today, I want us to analyze Opendoor Technologies on a weekly timeframe, which shows a beautiful ascending pattern indicating its goal of completing the liquidity sale, followed by a spectacular upward movement. It is a simple and fluid analysis. Thank you for your collaboration.
NVDA So, Director Mark Stevens sells 25M worth of Nvidia shares. Meanwhile retail investors are told that it’s a great time to buy. Follow the big money. Follow the insiders.