HIVE Stock Jumps After AI Cloud Deal - Here's Why
HIVE AI Cloud Deal worth $350 million adds roughly $70 million in annualized revenue as shares jump in Monday premarket trading.
HIVE got a big new customer deal (like $350 million) that will bring in about $70 million every year, and investors got excited about it. When you see a company land a huge new contract, that's a sign people believe the business is growing and doing well.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.