Canaan Inc. - American Depositary Shares (CAN)

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Let's have a look at what is happening on the US markets on Monday. Below you can find the most active stocks in today's session.

Canaan Inc.

Curious about what's happening in today's session? Check out the latest stock movements and price changes.

Renewed momentum in the crypto sector surged BTC Digital Ltd (NASDAQ: BTCT) stocks by 29.33% in after-hours trading on Thursday.

Canaan Inc. (NASDAQ: CAN) saw a 25% increase in bitcoin mining in May due to higher cryptocurrency prices. Analyst Kevin Cassidy reaffirms Buy rating and $5 price target, citing growth in US operations and a $30 million share buyback program.

Canaan Inc – ADR (NASDAQ:CAN) shares traded lower by 6.3% to 76 cents Tuesday morning after the crypto mining hardware maker reported first-quarter revenue of $82.8 million, topping its own guidance of $75 million but missing analysts' expectations of $90.1 million.

Loews Corp (NYSE: L) reported Q1 2025 results with net income of $370M, down from $457M a year ago. CNA Financial's revenue and net income increased, while Boardwalk Pipelines and Loews Hotels saw mixed results.

Cango's revenue rose more than fivefold in the fourth quarter of last year, following its launch of a bitcoin mining operation in November.

Canaan points higher within an impulse that can extend the rally for Bitcoin from a technical and Elliott wave perspective.