Synthetic intelligence (AI) and excessive efficiency computing (HPC) shares soared in pre-market buying and selling after Nvidia (NVDA) beat third-quarter outcomes and reported robust fourth-quarter steering.
This enhance in expectations helped calm latest market turmoil brought on by lagging U.S. jobs information, fading expectations for rate of interest cuts and Bitcoin’s 30% drop from its all-time excessive.
AI/HPC Bitcoin miners are the most important beneficiaries of this spectacular return.
IREN (IREN) is up over 8% to round $50, Cipher Mining (CIFR) is up over 11% to over $16, and Hive Digital (HIVE) is up over 6% to $3.28. Broader tech shares additionally rose, with Invesco QQQ up greater than 1.5% to $610 and Nvidia (NVDA) up greater than 5%. Power in tech shares supported the DXY index, which rose above 100 for the primary time since November fifth.
NAKA third quarter earnings
Moreover, Kindly MD (NAKA) reported third-quarter earnings after initially suspending earnings. Income from the corporate’s medical enterprise was $400,000, down from $600,000 within the third quarter of 2024.
NAKA recorded a internet lack of $86 million within the third quarter of 2025 resulting from non-cash expenses from the Nakamoto merger and unrealized Bitcoin losses.
As of September thirtieth, NAKA reported $24,185 in money readily available and held 5,765 BTC at a mean worth of $118,204.
The corporate has deployed 367 BTC in investments reminiscent of Metaplanet (3350), and as of November 12, 5,398 BTC stays within the treasury. It additionally holds $203 million in convertible debt. NAKA is buying and selling at 0.916 occasions mNAV and the inventory is buying and selling at $0.54, little modified from pre-market.
