Core Scientific Stock Surges

Core Scientific Stock Surges After $1.2B Expansion of Data Center With CoreWeave
The expansion will significantly increase Core Scientific’s AI and cloud computing capacity and increase total projected revenue to $10.2 billion over 12-year contract terms.
Core Scientific posts $265M Q4 loss, unveils $1.2B data center plan
Bitcoin mining company Core Scientific unveiled plans for a $1.2 billion data center expansion in partnership with artificial intelligence startup CoreWeave. The announcement followed the company’s fourth-quarter 2024 earnings report,
Core Scientific Shares Rise on Expanded Power Contract With CoreWeave
Core Scientific shares rose Thursday morning after the company said it has secured $1.2 billion in contracted revenue for providing power from its Denton, Texas site. Shares traded 6.6% higher at $10.
Core Scientific Announces $1.2B Data Center Expansion Despite $265M Q4 Loss
Core Scientific has revealed plans for a $1.2 billion data center expansion in partnership with artificial intelligence startup CoreWeave.
Core Scientific and CoreWeave Announce $1.2 Billion Expansion at Denton, TX Site
The 70 MW of additional contracted power at the Denton site increases the full critical IT load to approximately 260 MW. The agreement increases CoreWeave's total contracted HPC infrastructure with Core Scientific to approximately 590 MW across six sites.
Core Scientific and CoreWeave announce $1.2B expansion at Denton; shares rise
Core Scientific (NASDAQ:CORZ) announced on Wednesday an expansion of its relationship with CoreWeave, an AI Hyperscaler. The new agreement brings an additional $1.2B in contracted revenue across Core Scientific’s Denton TX location.
Why Core Scientific, Inc. (CORZ) Went Up on Thursday
We recently compiled a list of the 10 Firms Stayed Strong Amid Market Bloodbath. In this article, we are going to take a look ...
Core Scientific Full Year 2024 Earnings: EPS Misses Expectations
Full Year 2024 Results Key Financial Results Revenue: US$510.7m (up 1.6% from FY ...
Core Scientific price target lowered to $23 from $25.50 at Roth MKM
Roth MKM lowered the firm’s price target on Core Scientific (CORZ) to $23 from $25.50 but keeps a Buy rating on the shares. The company ...
Is Core Scientific (CORZ) the Best Young Stock to Buy and Hold For 10 Years?
We recently published a list of 12 Best Young Stocks To Buy and Hold For 10 Years. In this article, we are going to take a ...
Core Scientific, Inc. (CORZ) Q4 2024 Earnings Call Transcript
And welcome to the Core Scientific Fourth Quarter Fiscal Year 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the ...
Core Scientific price target lowered to $21 from $24 at Cantor Fitzgerald
Cantor Fitzgerald lowered the firm’s price target on Core Scientific (CORZ) to $21 from $24 and keeps an Overweight rating on the shares. The ...
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Core Scientific Stock Edges Up Ahead Of Q4 Results As Wall Street Expects Losses To Narrow – But Retail’s Still Feeling Bearish
Shares of Core Scientific Inc. (CORZ) gained over 2% in after-market hours ahead of the company’s fourth-quarter results.