Following the release of the latest British financial paper, there has been a marked recovery in the risk preferences of the technology unit. NASDAQ ' s 100-index futures went up, bitcoin rebounded simultaneously, rising at one point above $80,000, with companies with mining and AI infrastructure concepts coming up.

The second financial season is over-expected.

In Weida announced that the second quarter of July 26 had received $9,622 million, an increase of 18 per cent in the ring, 106 per cent over the same period, above the market expectations of $92.2 billion.

Data centre operations continue to be a major source of income, with revenue of $89 billion for the current season, representing an increase of 18 per cent in the ring, or 117 per cent over the same period, or more than 92 per cent of total revenue. At the same time, the company stated that Vera Rubin was in full production.

The third financial season has continued to raise.

In Weida expects to collect $108 billion in the third quarter, floating 2 per cent up and down, above the general expectation of $104 billion on Wall Street.

However, this guidance does not take into account the calculation of business income by the Chinese data centre, indicating that export restrictions and geo-related factors still affect the market coverage of companies. Management has also advanced its 2028 fiscal year outlook, stating that client demand is still strong, but supply capacity may remain tight until 2028.

Bitcoin went up with the mining stock.

Market data indicate that bitcoin rebounded from a low point of about $77658 in the day to about $80380 and increased by about 2.4 per cent 24 hours, re-testing the integer threshold of $80,000.

At the same time, the number of futures increased by approximately 1.1 per cent. IREN increased by about 5%, TerraWulf and Cipher Mining by about 3%. Such units are usually considered to be cross-bids that benefit both bitcoin prices and AI computing needs.

  • Bitcoin rose to about $80380.
  • The number of futures increased by about 1.1%.
  • IREN, TerraWulf, Cipher Mining Go high.

IREN and Weidar have previously signed AI Infrastructure Cooperation Arrangements. Previous reports indicate that this five-year cooperation is worth approximately $3.4 billion.

Profit margins and mergers and acquisitions continue to be of concern

Young Weida projected a Māori ratio of 74 per cent for the third financial season, floating 50 basis points up and down. Management stated that, as a result of the increase in memory prices, the Māori ratio in the fourth fiscal season could fall to between 71 and 72 per cent, and then stabilized between 72 and 73 per cent in the 2028 fiscal year.

In addition, The Information reports that British Wida has agreed to purchase the Open Source AI platform Human Face at $12.9 billion. Reuters has also drawn this news. However, as of the time of the submission, neither Young Weida nor Hugging Face had issued official announcements or regulatory documents confirming the transaction.

Additional information:The price of the British Wida stock rose by about 8 per cent in the disc, and the subsequent increase narrowed to about 7 per cent, indicating that the first trade in the market after the release of the financial statements was an increase in performance and the risk bias of guidance over expectations.