Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

UNCOVERED: Canaan inc - Caught on Camera

Wall Street Predicts This Crypto Stock Will Rally More Than 100%

With Bitcoin breaking out to new highs over the past week, Wall Street analysts like the odds for this China-based crypto stock to ramp higher over the next 12 months.

Barchart · Mar 2, 2024

Canaan Registers Upbeat Q1; Aims To Navigate Through Bitcoin Price Fluctuation

Canaan Inc (NASDAQ:CAN) reported first-quarter FY22 revenue growth of 236.7% year-on-year to $213.9 million. Earnings per ADS were $0.41. The Y/Y increase was mainly attributable to the rise in total computing power sold and the average selling price per Thash/s. Total computing power sold increased 119.1% Y/Y to 4.3 million Thash/s. Canaan held…

Benzinga · May 19, 2022

Why Bitcoin-Related Stock Canaan Is Skyrocketing

Shares of cryptocurrency-related company Canaan Inc - ADR (NASDAQ: CAN) are trading higher by 16.24% at $3.65 after the company reported first-quarter earnings results.

Benzinga · May 19, 2022

From analysis to the latest developments in health,
read the most diverse news in one place.

Why Bitcoin- And Ethereum-Related Stock Canaan Is Skyrocketing

Canaan Inc - ADR (NASDAQ: CAN) shares are trading higher by 35.8% at $4.70 after the company announced a $100 million buyback.

Benzinga · Mar 16, 2022

Why Bitcoin- And Ethereum-Related Stock Canaan Is Rising

Canaan Inc - ADR (NASDAQ: CAN) shares are trading higher after the company reported fourth-quarter ADS and sales results were higher year-over-year and issued guidance.

Benzinga · Mar 3, 2022

Canaan Revenue Jumps 57 Times In Q4 Backed By Computing Power Sales; Issues Robust Outlook

Canaan Inc's (NASDAQ:CAN) fourth-quarter FY21 revenue jumped 57 fold year-on-year to $342.8 million. Revenue increased 65.8% sequentially. Total computing power sold increased 15.5% Q/Q to 7.7 million Thash/s, mainly driven by the solid market demand and the delivery of Bitcoin mining machines. Products revenue grew 57 fold Y/Y to $340.4 million. Earnings per…

Benzinga · Mar 3, 2022

Alibaba Partners With Canaan Over AI

Alibaba Group Holding Ltd (NYSE:BABA) has collaborated with Canaan Inc (NASDAQ:CAN), CoinDesk reports. The partnership is concerned with artificial intelligence. Alibaba, which aims to build the future commerce infrastructure, will declare its December quarter results on February 24. Related Content: Tencent, Alibaba Deny Launching NFT Trading Platforms To Chinese Regulators Canaan is a leading high-performance computing solutions…

Benzinga · Feb 15, 2022

Read news from The Economist, FT, and more,
with one subscription

Coverage From

Organisations

Alibaba Group Holding Ltd

From analysis to the latest developments in health,
read the most diverse news in one place.

Topics

Read news from The Economist, FT, and more,
with one subscription

Places

China

53,824 stories

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.