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GoMining offers a tokenized Bitcoin-mining product that gives buyers a claim on mining hashrate operated by the company and its service providers, with daily BTC rewards paid after maintenance fees. Its CEO said he expects more people seeking mining exposure to hold claims on others’ machines rather than buy their own.
Research Frontiers said its principal SPD film manufacturer, Gauzy, underwent a financial restructuring that disrupted supply. Management described contingency plans for securing film supply and said customers and licensees remained supportive.
Netgear reported Q2 revenue of $168.6 million and said Enterprise revenue rose 7.7% year over year. The company forecast Q3 revenue of $165 million to $175 million and non-GAAP operating margin of negative 3% to 0%.
Fears of an AI bubble grow as big tech companies allegedly pay themselves in cloud services, potentially inflating their valuations. This could impact tech sector stocks.