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-0.00251572327044025 -0.00305031446540882 -0.0124649371069183 -0.0227987421383647 -0.00962264150943388 0 0.0102201257861636 -0.00251572327044025
Stock impact report

TeraWulf (WULF) Moves 18.5% Higher: Will This Strength Last? [Yahoo! Finance]

TeraWulf Inc. (WULF) 
Company Research Source: Yahoo! Finance
The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 16.4% gain over the past four weeks. Shares of TeraWulf rallied for the second consecutive trading session. The surge in the company's shares seems to be driven by investor optimism about Bitcoin's trajectory. Several favorable factors including easing monetary policy across the globe, growing support for cryptocurrency-friendly policies in the upcoming U.S. presidential poll, and general weakness in traditional safe-haven assets are expected to drive Bitcoin prices higher. Hence, the shares of this energy infrastructure firm which supports Bitcoin mining and AI/HPC applications drove higher. This company is expected to post quarterly loss of $0.03 per share in its upcoming report, which represents a year-over-year change of +66.7%. Revenues are expected to be $33.37 million, up 76% from the year-ago quarter. While earnings and revenue growth expectation Show less Read more
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