Canaan Inc. ADR (CAN) News
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CAN News Highlights
- CAN's 30 day story count now stands at 10.
- Over the past 22 days, the trend for CAN's stories per day has been choppy and unclear. It has oscillated between 1 and 2.
- BTBT, CLSK and ROSE are the most mentioned tickers in articles about CAN.
Latest CAN News From Around the Web
Below are the latest news stories about CANAAN INC that investors may wish to consider to help them evaluate CAN as an investment opportunity.
10 Crypto Stocks Billionaires Are Loading Up On
In this piece, we will take a look at ten crypto stocks billionaires are loading up on. For more stocks, head on over to 5 Crypto Stocks Billionaires Are Loading Up On. Cryptocurrency is perhaps the most disruptive technological effect of the internet revolution over the past few decades. What even the world’s biggest investment […]
Time To Worry? Analysts Just Downgraded Their Canaan Inc. (NASDAQ:CAN) Outlook
Today is shaping up negative for Canaan Inc. ( NASDAQ:CAN ) shareholders, with the analysts delivering a substantial...
Why Shares of CleanSpark, Bit Digital, and Canaan Are Rising Today
The stocks of most Bitcoin-mining companies jumped today on news that lawmakers in Washington, D.C., were closing in on an agreement to suspend the U.S. debt ceiling until 2025. Shares of CleanSpark (NASDAQ: CLSK) traded nearly 7% higher as of 10:49 a.m. ET. Meanwhile, Bit Digital (NASDAQ: BTBT) rose 11%, and Canaan (NASDAQ: CAN) was up roughly 6.6%.
Top Cryptocurrency Stocks for Q2 2023
Greenidge Generation Holdings, Robinhood Markets, and Applied Digital lead the cryptocurrency stock space for best value, fastest growth, and most momentum, respectively.
Q1 2023 Canaan Inc Earnings Call
Q1 2023 Canaan Inc Earnings Call
Why Canaan Shares Are Trading Lower Today
Canaan Inc (NASDAQ: CAN) reported a first-quarter FY23 revenue decline of 72.6% year-on-year to $55.2 million, missing the consensus of $62.1 million. Products revenue in the first quarter of 2023 was $44.1 million, compared to $196.9 million in 2022, mainly due to the lower total computing power sold and lower selling price resulting from the declined Bitcoin price. Mining revenue in the first quarter of 2023 was $11.1 million, representing an increase of 130.2% from $4.8 million in 2022, mainl
Canaan Inc. Reports Unaudited First Quarter 2023 Financial Results
Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced its unaudited financial results for the three months ended March 31, 2023.
7 Penny Stocks With Double-Your-Money Potential
These penny stocks have the potential for impressive double-up returns, while also providing stable business models and consistent outlooks.
Canaan Inc. to Report First Quarter 2023 Financial Results on May 26, 2023
Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that it plans to report its financial results for the first quarter ended March 31, 2023, before the U.S. market opens on May 26, 2023.
Canaan Inc. to Participate in the Bitcoin Mining Virtual Conference Presented by Maxim Group LLC and hosted by M-Vest on Tuesday, May 16, 2023
Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that Canaan's Group VP and Head of Canaan US Inc, Mr. Ning Zhang, Group VP of Sales & Marketing, Mr. Davis Hui, Group Senior Investor Relations Director, Mr. Liang Wang, and Director of Business Development of Canaan US Inc, Mr. Christopher Crowell, have been invited to attend the Bitcoin Mining Virtual Conference, presented by Maxim Group LLC and hosted by M-Vest, on T