Riot Says Massive AI Data Center Deal Could Top $1 Billion In Annual Rent
Riot Platforms (NASDAQ: RIOT) stock jumps on Q2 revenue beat of $174.2M and massive $9.8B AI data center deal pipeline. Get details.
Riot Platforms just made way more money than expected last quarter, and they might rent out huge computer buildings for AI work that could bring in over $1 billion a year. When a company beats expectations and lands huge deals, it's a sign investors think the business is getting stronger.
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