Latest news with #MarathonHoldings
Yahoo
5 hours ago
- Business
- Yahoo
Hasbro Q2 beat, MARA to raise $850M, Otis issues weak guidance
Hasbro (HAS) beat expectations in its second quarter thanks to record sales of Magic: The Gathering. The company also raised its guidance. MARA Holdings (MARA) stock is plunging after the company announced plans to raise $850 million through interest-free convertible notes to pay down debt and buy more bitcoin. Otis Worldwide (OTIS) stock is falling after the company issued soft guidance due to weak demand for new equipment in China and the Americas. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. It's time for Yahoo Finance's market minute. Stocks climbing as investors digest news of a trade deal between the US and Japan and look ahead to big tech earnings after the close. Hasbro shares turning negative after initially jumping, jumping on the back of second quarter results. The toy maker topping estimates and lifting its guidance thanks to record sales and its magic the gathering brand and expectations for an improved tariff backdrop. Shares of Bitcoin minor Marathon holdings sinking after announcing plans to raise nearly a billion dollars through interest-free convertible notes. The company plans to use the funds to repay debt and buy more Bitcoin. And elevator giant Otis issuing soft guidance as it seeks sees weak demand for new equipment out of China and the Americas. Otis CEO Judy Marks telling Yahoo Finance that she's encouraged by the trade deals being reached by the Trump administration. And that's your Yahoo Finance market minutes. Scan the QR code below to track the best and worst performing stocks of the session. Related Videos Hilton's upbeat Q2 earnings: Why this analyst is still Neutral US equities lead 2025 ETF flows: A closer look at global trends GE Vernova, Thermo Fisher, Enphase Energy: Trending Tickers Japanese auto stocks are surging on Trump's tariff deal Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
03-07-2025
- Business
- Yahoo
Why MARA Holdings Stock Gained 17% This Week
MARA Holdings stock soared 17.3% this week after a strong June mining report. The mining volume was down 23% from May, but management still set bullish production targets for the full year. 10 stocks we like better than Mara › Shares of MARA Holdings (NASDAQ: MARA) soared 17.3% this week. The crypto-mining expert's stock rose 17.3% from last Friday's closing bell to the early market exit on Thursday, July 3, according to data from S&P Global Market Intelligence. Most of the price gain sprung from MARA's Bitcoin (CRYPTO: BTC) mining report, covering results in the month of June. The company formerly known as Marathon Holdings won 211 blocks in last month's Bitcoin mining sweepstakes. For those unfamiliar with the process, the Bitcoin mining system awards a certain number of Bitcoins to the computer that completed the validation of each transaction data block. The reward currently stands at 3.125 Bitcoins, handed out approximately every 10 minutes to the next lucky winner. It was halved in April 2024, and the next halving of rewards is scheduled for the spring of 2028. These inflation-shrinking events occur approximately every four years, on a schedule that is hardcoded in Bitcoin's operating software. Since MARA runs the largest Bitcoin mining infrastructure in the world, the company handles the final data validation on a significant number of blocks. In June, MARA won 5.4% of all available Bitcoin mining rewards. This tally was 23% below May's haul of 282 Bitcoin block awards. June is a 3% shorter month, and some of MARA's mining rigs were temporarily turned off due to weather-related events. Nevertheless, management set a year-end production target of 75 exahashes per second (a standard performance metric for Bitcoin mining operations). That's 40% above the 53 EH/s MARA generated at the end of 2024, and 31% more than the current rate of 57.4 EH/s. MARA held 47,940 Bitcoin by the end of June, second only to Michael Saylor's Strategy (formerly known as MicroStrategy) among public companies with reported Bitcoin holdings. Investors are excited about MARA's rapid Bitcoin mining growth, which demonstrates an effective mining infrastructure as well as a deep commitment to the mining operations. If Bitcoin prices continue to grow over time, MARA should end up with a massive balance of Bitcoin-based assets. Today, MARA's Bitcoin holdings are worth roughly $5.47 billion -- more than 88% of MARA's total market capitalization. Before you buy stock in Mara, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Mara wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $692,914!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $963,866!* Now, it's worth noting Stock Advisor's total average return is 1,049% — a market-crushing outperformance compared to 179% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 30, 2025 Anders Bylund has positions in Bitcoin and Mara. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has a disclosure policy. Why MARA Holdings Stock Gained 17% This Week was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
01-07-2025
- Business
- Yahoo
J.P. Morgan Maintains ‘Neutral' Rating on Marathon Holdings, Inc. (MARA); Raises PT
Marathon Holdings, Inc. (NASDAQ:MARA) is among the best stocks added in a . J.P. Morgan raised its price target on Marathon Holdings, Inc. (NASDAQ:MARA) from $18 to $19 on June 24, 2025. The analyst attributes it to the company's Q1 results and updated bitcoin pricing and network hash rate data. Furthermore, Marathon Holdings, Inc.'s (NASDAQ:MARA) operational transformation and infrastructure expansion are key considerations in the analyst's valuation. The company achieved 54.3 exahashes per second in Q1 2025, which represents a 95% YoY increase. Meanwhile, its cost per petahash went down by 25%. While Marathon Holdings, Inc. (NASDAQ:MARA) experienced a net loss due to unrealized losses in bitcoin valuations, its revenue grew 30% to $213.9 million. Looking ahead, the analyst expects further improvements in energy efficiency and robust growth through vertically integrated operations. Marathon Holdings, Inc. (NASDAQ:MARA), a U.S.-based cryptocurrency mining company, focuses on bitcoin mining infrastructure and energy-efficient data centers. While we acknowledge the potential of MARA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: 7 Best Future Food Stocks to Buy According to Analysts and 10 Best Marketing Stocks to Buy Right Now. Disclosure: None 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
