HIVE Digital Technologies rises after five-year GPU cloud deal
HIVE Digital Technologies said its subsidiary BUZZ High Performance Computing signed a five-year GPU cloud services agreement with an investment-grade enterprise customer, while first-quarter losses and sales missed consensus.
Shares of HIVE Digital Technologies Ltd (NASDAQ: HIVE ) rose sharply in pre-market trading.
HIVE’s subsidiary BUZZ High Performance Computing Inc. announced that it has signed a five-year GPU cloud services agreement with an investment-grade enterprise customer.
The company, on Friday, posted first-quarter losses of 54 cents per share, which missed the analyst consensus estimate of losses of 20 cents per share.
The company reported quarterly sales of $79.120 million, which missed the analyst consensus estimate of $81.123 million.
HIVE Digital Technologies shares jumped 8.6% to $2.92 in pre-market trading.
Here are some other stocks moving in pre-market trading.
Gainers IP Strategy Holdings In c (NASDAQ: IPST ) gained 222.9% to $7.10 in pre-market trading after rising around 6% on Friday.
INVO Fertility, Inc. (NASDAQ: IVF ) rose 109.7% to $2.0006 in pre-market trading.
My Size Inc (NASDAQ: MYSZ ) rose 85.2% to $5.50 in pre-market trading.
MySize shares fell 12% on Friday after the company reported wider second-quarter net loss, reflecting increasing expenses.
Trugolf Holdings In c (NASDAQ: TRUG ) rose 63% to $1.58 in pre-market trading after gaining 11% on Friday.
Expion360 Inc (NASDAQ: XPON ) gained 25% to $4.55 in pre-market trading.
Expion360 recently posted a second-quarter loss of $1.34 per share.
Skye Bioscience Inc (NASDAQ: SKYE ) rose 20.9% to $0.61 in pre-market trading.
On Friday, Skye Bioscience announced plans to acquire Redx Pharma.
Julong Holding Ltd (NASDAQ: JLHL ) rose 17.2% to $8.42 in pre-market trading after falling around 5% on Friday.
FIEE Inc (NASDAQ: FIEE ) shares gained 14.7% to $5.73 in pre-market trading.
FiEE, on Friday, reported a year-over-year increase in its second-quarter financial results.
Keel Infrastructure Corp (NASDAQ: KEEL ) rose 9.4% to $3.84 in pre-market trading.
Keel Infrastructure shares gained around 6% on Friday after a Form 4 filing showed its CEO purchased 58,888 shares at an average price of $3.33 each.
Losers Generation Income Properties Inc (NASDAQ: GIPR ) tumbled 36.8% to $0.31 in pre-market trading after dipping 29% on Friday.
Generation Income Properties’ 13G filing showed Armistice Capital reported a 9.99% stake in the company as of June 30, holding 109,911 shares.
Barfresh Food Group In c (NASDAQ: BRFH ) fell 24% to $1.46 in pre-market trading after the company reported worse-than-expected second-quarter financial results and cut its FY26 sales guidance below estimates. iTonic Holdings Ltd (NASDAQ: ITOC ) declined 19.7% to $0.25 in pre-market trading after gaining 8% on Friday.
Akanda Corp (NASDAQ: AKAN ) fell 18.3% to $5.27 in pre-market trading.
Akanda shares jumped over 28% on Friday after the company announced its subsidiary, First Towers & Fiber, provided an update on its operational milestones and expansion progress.
Citius Oncology In c (NASDAQ: CTOR ) fell 17.3% to $0.75 in pre-market trading after the company reported downbeat quarterly sales.
MDxHealth SA (NASDAQ: MDXH ) fell 14.7% to $0.69 in pre-market trading after jumping 75% on Friday.
MDxHealth, last week, reported better-than-expected second-quarter sales results and affirmed its FY26 sales guidance above estimates.
Creative Global Technology Holdings Ltd (NASDAQ: CGTL ) fell 14.3% to $3.78 in pre-market trading after jumping 20% on Friday.
Gauzy Ltd (NASDAQ: GAUZ ) fell 11.2% to $0.37 in pre-market trading after falling over 12% on Friday.
Vicore Pharma Holding AB ADR (NASDAQ: VCRE ) fell 7.6% to $11.95 in pre-market trading after gaining 5% on Friday.
MINISO Group Holding Ltd — ADR ADR (NYSE: MNSO ) fell 6.4% to $11.04 in pre-market trading.
MINISO Group will report June quarter and interim financial results on Aug.
28.
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