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RIOTRiot Platforms, Inc.$17.53
24h
-1.68%
13 Aug, 18:21
Declined despite $9.1B Anthropic order
Bearish-9.61%
AI Summary
The author observes unusual sector divergence where computing power stocks with strong earnings or major orders are not seeing corresponding price appreciation, worth monitoring.
$CRWV and $NBIS both released very strong earnings reports yesterday.
Strangely, other computing power stocks such as $CIFR, $HUT, $WULF, and $CORZ did not follow with significant gains, and $RIOT even declined despite securing a massive $9.1 billion order from Anthropic.
This divergence within the sector is uncommon and worth noting. https://x.com/tradergoku/status/2087967806608339330/photo/1