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The Latest Breaking News from CAN

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…

Benzinga

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

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.

Benzinga

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ACT Senate candidate Li Fuxin linked to Chinese government's foreign influence arm

A federal Senate candidate billing himself as a choice for social harmony has a long history of activity with the Chinese government's main arm of overseas influence, the United Front Work Department.

ABC News

Nigerian Christians demand justice for student killed over alleged blasphemy

Nigeria's largest grouping of Christian churches on Friday condemned the killing of a female student who was beaten and burned by fellow students for alleged blasphemy and demanded the authorities bring the culprits to justice.

Reuters

RIBA London winners announced: NoMad London and Disneyland-inspired home renovation win top architecture prize

Today’s 42 winners include a 15-home development praised as a model for high-density housing and the transformation of an old Magistrate’s Court.

Evening Standard

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.

Benzinga

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Greg Cote: Crushing end short of Final Four, but Miami Hurricanes’ NCAA run was exhilarating milestone

The stirring, historic run into the NCAA Tournament’s Elite Eight and Sunday’s first half against mighty Kansas showed us all how close the Miami Hurricanes are to being a basketball school, too.

Miami Herald

Can-Am Announces Its First Three Electric Motorcycles Are On The Way

Can-Am announced that its first three electric motorcycles will roll out in the next couple of years, as well as plans to become an all-electric brand.

RideApart

Costa Rica 1-0 Canada: World Cup 2022 qualifying – as it happened

Minute-by-minute report: Canada will have to wait for their place in Qatar to be confirmed after a loss to Costa Rica

The Guardian - US

Major diesel rules coming 'at the worst possible time' as drivers call for a delay

Most sectors won't be able to use these red diesel and rebated biofuels from April.

Daily Record

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:

Benzinga

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

5 Value Stocks In The Technology Sector

What are Value Stocks? 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.

Benzinga

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Benzinga

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

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…

The Guardian - AU

Winter Olympics day 12: Canada crash out of men’s ice hockey – as it happened

Another busy day saw upsets, tight finishes, American success and more fallout from the Kamila Valieva controversy

Benzinga

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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The Guardian - AU

Beijing Winter Olympics 2022 day three – as it happened

The first Monday of the XXIV Olympic Winter Games

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