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The Latest Breaking News from Canaan

Carnegie Mellon Must Provide Discovery About Relationship with Qatar, in Ex-Student's Lawsuit Alleging Anti-Semitism

The student was explaining the concept of an eruv, a feature of certain Jewish neighborhoods, in class to an architecture professor, who allegedly said the time the student had spent on project "would have been better spent if [Ms. Canaan] had instead explored 'what Jews do to make themselves such…

Canaan Stock Surges On US Order For 50,000 Bitcoin Mining Machines

Canaan Stock Surges On US Order For 50,000 Bitcoin Mining Machines

Canaan Inc – ADR (NASDAQ:CAN) is trading higher Thursday morning after the Bitcoin (CRYPTO: BTC) mining machine manufacturer announced a landmark sales order.

What's Going On With Canaan Shares Monday?

What's Going On With Canaan Shares Monday?

Canaan Inc. (NASDAQ:CAN) stock is trading higher on Monday amid a rise in the price of Bitcoin (CRYPTO: BTC).

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Chinese manufacturers of Bitcoin mining rigs are moving production to the U.S. to sidestep tariffs and sanctions — 'This goes beyond tariffs — it’s a strategic pivot toward ‘politically acceptable’ hardware sources'

The three biggest mining rig manufacturers have started to or are exploring building local manufacturing facilities.

Tom’s Hardware

Analyst Scoreboard: 4 Ratings For Canaan

Analysts' ratings for Canaan (NASDAQ:CAN) over the last quarter vary from bullish to bearish, as provided by 4 analysts.

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.

Latest Bitcoin Meltdown Pressures Chinese Crypto Companies

Key Takeaways: Ebang, a maker of cryptocurrency mining machines, has been warned about potential delisting from the Nasdaq after its stock remained below $1 for a prolonged period Rival crypto mining equipment maker Canaan repurchased warrants it issued last year after its stock plunged to levels well below the exercise…

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

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…

Why Bitcoin-Related Stock Canaan Is Skyrocketing

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.

Earnings Outlook For Canaan

Earnings Outlook For Canaan

Canaan (NASDAQ:CAN) is set to give its latest quarterly earnings report on Thursday, 2022-05-19. Here's what investors need to know before the announcement. Analysts estimate that Canaan will report an earnings per share (EPS) of $0.06.

A Look Into Technology Sector Value Stocks

A Look Into Technology Sector Value Stocks

What Defines a Value Stock? A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.

Why Bitcoin- And Ethereum-Related Stocks Are Rising

Why Bitcoin- And Ethereum-Related Stocks Are Rising

Shares of crypto-related stocks, including Bit Digital Inc (NASDAQ: BTBT), Canaan Inc - ADR (NASDAQ: CAN) and Riot Blockchain Inc (NASDAQ:

Why Bitcoin- And Ethereum-Related Stock Canaan Is Skyrocketing

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.

Why Bitcoin- And Ethereum-Related Stock Canaan Is Rising

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.

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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…

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…

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