We’re raising our Corning price target after a shortsighted post-earnings decline

We’re raising our Corning price target after a shortsighted post-earnings decline

Shares of high-tech glass maker Corning dropped 2.5% on Tuesday after climbing more than 80% this year. Investors took profits after what were solid earnings. We weren’t among them. In fact, we bought the pullback on Tuesday morning, shortly after underserved post-earnings weakness developed. Corning makes specialty glass for data center cables and screens for…

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Why bitcoin miner CleanSpark beat Microsoft for Wyoming AI data center

Why bitcoin miner CleanSpark beat Microsoft for Wyoming AI data center

CleanSpark, a Las Vegas based bitcoin miner, is moving into artificial intelligence, beginning to develop AI data centers alongside its crypto-mining business. The company’s CEO laid out details of the recently announced strategy on CNBC’s “Crypto World” this week, and why it’s likely to become core to the business models of more crypto mining companies….

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