Core Scientific, Inc.

Bitcoin miners spent the past decade building out cheap electricity and heavy-duty power infrastructure. Now, some of the biggest artificial intelligence (AI) companies in the world are paying billions of dollars to use it.

etftrends.com - 2026-07-15 15:28:53

Core Scientific is an electric power contractor for data centers. The company is growing quickly with AI, but is currently burning cash.

fool.com - 2026-07-14 16:10:50

One trillion dollars. That is the scale of institutional capital that spot crypto ETFs, tokenized securities, and corporate treasuries are gradually pulling toward Bitcoin and its adjacent markets. This number also represents the kind of move that would reset Bitcoin from a speculative allocation to a portfolio staple. Now trading around $61,500 per token, Bitcoin... Bitcoin's Next $1 Trillion Move Could Change Crypto Forever

247wallst.com - 2026-07-09 13:06:48

Core Scientific is transitioning from a volatile Bitcoin miner to a high-density AI colocation provider with long-duration, contracted revenue streams. Q1 2026 results show colocation revenue surged to $77.5M, now the dominant segment, with gross profit margins of 57% and a multi-gigawatt power pipeline. The expanded CoreWeave partnership validates CORZ's AI infrastructure pivot, supporting $10B+ in contracted revenue and 590MW leased, with further upside from pipeline conversion.

seekingalpha.com - 2026-07-04 23:59:01

"A rising tide lifts all boats" is a popular piece of market jargon, but you can see why it sticks during rallies like the AI gold rush. Anyone and everyone is trying to get into the data center game today, including some former Bitcoin miners strategically pivoting to the next big thing.

marketbeat.com - 2026-06-22 10:10:51

Several ​large data centers and crypto facilities planning to connect to the Texas power grid ahead of ‌peak summer demand have failed key reliability tests, raising the risk of power outages just as electricity use hits its seasonal high, according to the state grid operator.

reuters.com - 2026-06-05 12:53:23

Bitcoin prices fell this week after cryptocurrency treasury company Strategy revealed it sold a small amount of its bitcoin holding. Traders on prediction market Kalshi think it's likely that the cryptocurrency will fall below $60,000, which would mark a new low in 2026.

cnbc.com - 2026-06-03 11:35:46

If you're not familiar with the name Leopold Aschenbrenner, you should be.

forbes.com - 2026-06-01 16:30:06

Core Scientific NASDAQ: CORZ is focused on expanding five new data center sites under development, diversifying its customer base and positioning itself to win long-term artificial intelligence infrastructure contracts, CEO Adam Sullivan said at the 54th Annual TD Cowen TMT Conference.

marketbeat.com - 2026-05-29 03:05:45

Leopold Aschenbrenner, known as one of the youngest billionaires and a former member of the OpenAI research team, has just disclosed one of his largest stock positions yet.

finbold.com - 2026-05-28 06:41:05

AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (Nasdaq: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for high-density colocation (“HDC”), today announced the appointment of Steve Smith to its Board of Directors, effective immediately. Mr. Smith will also serve on the Company's Nominating and Corporate Governance Committee. Mr. Smith brings over 35 years of leadership experience in the data center, digital infrastructure and technology industries. He is c.

businesswire.com - 2026-05-26 07:00:00

Core Scientific Inc. (NASDAQ: CORZ) stock is climbing on Thursday, maintaining strong bullish momentum.

feeds.benzinga.com - 2026-05-21 12:28:22

Leopold Aschenbrenner, one of the youngest billionaire investors and a former OpenAI researcher, has revealed updated holdings for his Situational Awareness Fund.

finbold.com - 2026-05-18 08:58:16

Core Scientific (CORZ) offers a more attractive risk/reward profile than Applied Digital (APLD) due to its larger, immediately leasable power capacity and faster delivery schedule. CORZ is set to deliver 590 MW to CoreWeave over 12 months, with 243 MW already being billed and the remainder expected ahead of APLD's timeline. APLD's near-term upside is limited, with most capacity set for delivery further out, while trading at a premium 23x FY27 sales versus CORZ's 14x CY26 sales.

seekingalpha.com - 2026-05-15 11:14:51

There's another set of artificial intelligence plays hidden in plain sight. And their roots are in crypto.

investopedia.com - 2026-05-14 13:21:33

CORZ has executed a brilliant reversal from the prior bankruptcy in 2022, as they deliver a successful diversification across bitcoin mining and HPC operations. Their FQ1 '26 results show colocation revenue up +801% YoY with notable gross margin expansion, and further top/bottom-line outperformance is likely as they ramp up their power capacity. Despite the recent rally and the elevated EV/Sales of 13.55x, CORZ's expanding power capacity of up to 3 GW supports their compelling high-growth prospects, pending new customer agreements.

seekingalpha.com - 2026-05-14 11:00:31

Core Scientific Inc. (NASDAQ:CORZ) is proving that a strategic business pivot can easily outweigh a short-term earnings hiccup with its stock's rising Benzinga Edge momentum score.

benzinga.com - 2026-05-08 08:33:20

U.S. stock futures rose on Thursday after Wednesday's record rally. This followed President Donald Trump's celebration of record stock market gains.

feeds.benzinga.com - 2026-05-07 09:04:43

Core Scientific, Inc. (CORZ) Q1 2026 Earnings Call Transcript

seekingalpha.com - 2026-05-06 23:51:15

While the top- and bottom-line numbers for Core Scientific, Inc. (CORZ) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

zacks.com - 2026-05-06 20:02:08

Core Scientific, Inc. (CORZ) came out with a quarterly loss of $0.1 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to a loss of $0.1 per share a year ago.

zacks.com - 2026-05-06 19:31:04

Core Scientific Inc. (NASDAQ:CORZ) reported first-quarter results after Wednesday's closing bell, missing EPS estimates. Here's a look at the details inside the report.

benzinga.com - 2026-05-06 17:30:48

AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (NASDAQ: CORZ), a leader in digital infrastructure for high-density colocation services (“HDC”), today announced financial results for the first quarter of 2026. “Core Scientific is differentiated by our ability to combine capital readiness with speed to delivery,” said Adam Sullivan, Chief Executive Officer of Core Scientific. “We are investing ahead of contracts, advancing ready-for-service dates and moving development forward across multi.

businesswire.com - 2026-05-06 16:05:00

AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (Nasdaq: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for high-density colocation (“HDC”), today announced a multi-tiered strategy to scale its Muskogee, Oklahoma campus to approximately 1.5 gigawatt (“GW”) of gross power, or approximately 1.0 GW of leasable power. As part of this strategy, Core Scientific has entered into an agreement to acquire Polaris DS LLC, which has contracted 440 megawatts (“MW”) of g.

businesswire.com - 2026-05-06 07:30:00

AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (Nasdaq: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for high-density colocation (“HDC”), today announced a multi-tiered strategy to scale its Pecos, Texas campus to approximately 1.5 gigawatts (“GW”) of gross power, or approximately 1.0 GW of leasable power. Earlier this year, Core Scientific began transforming its Pecos campus, where 300 megawatts (“MW”) of gross power capacity are currently used for bitc.

businesswire.com - 2026-04-27 07:00:00

Comerica Bank lowered its stake in shares of Core Scientific, Inc. (NASDAQ: CORZ) by 13.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,997,581 shares of the company's stock after selling 632,835 shares during the period. Comerica Bank

defenseworld.net - 2026-04-27 05:11:00

He is preparing for an unprecedented global change as AI takes over.

fool.com - 2026-04-25 08:25:00

Core Scientific, Inc. (NASDAQ: CORZZ - Get Free Report)'s share price traded up 0.6% during mid-day trading on Friday. The stock traded as high as $21.23 and last traded at $20.86. 17,592 shares changed hands during mid-day trading, an increase of 30% from the average session volume of 13,510 shares. The stock had previously closed

defenseworld.net - 2026-04-25 02:19:40

AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (Nasdaq: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for high-density colocation (“HDC”), today announced it will release its first quarter 2026 financial results after the financial markets close on Wednesday, May 6, 2026. Management will host a conference call and live audio webcast to discuss the results at 3:30 p.m. Central Time. Hosting the call and webcast to review results for the first quarter 2026.

businesswire.com - 2026-04-24 16:30:00

Howard Marks, co-founder of Oaktree Capital Management, built his reputation by focusing on cycles, capital flows, and where the risk-reward has shifted in his favor. When Oaktree starts adding to positions, it usually reflects a broader view about where real-world demand is heading, not just short-term price action. Recent filings show the asset manager has been building... Billionaire Howard Marks Is Buying These 3 Power and Real Asset Stocks for the AI Boom

247wallst.com - 2026-04-23 09:46:18

AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (Nasdaq: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for high-density colocation (“HDC”), today announced that its wholly-owned subsidiary, Core Scientific Finance I LLC (the “Issuer”), has priced an offering of $3.3 billion aggregate principal amount of 7.750% senior secured notes due 2031 (the “Notes”) at an issue price equal to 99.250% of the principal amount thereof. The Notes will be sold in a private.

businesswire.com - 2026-04-22 20:30:00

AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (Nasdaq: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for high-density colocation (“HDC”), today announced that its wholly-owned subsidiary, Core Scientific Finance I LLC (the “Issuer”), intends to offer, subject to market conditions and other factors, $3.3 billion aggregate principal amount of senior secured notes due 2031 (the “Notes”), in a private offering to persons reasonably believed to be qualified i.

businesswire.com - 2026-04-21 07:25:00