Core Scientific turns lower after Q4 results disappoint
Core Scientific (CORZ) shares fell after its fourth-quarter revenue of $79.8 million missed Wall Street expectations, with a wider-than-expected loss of $0.42 per share. The company is shifting its strategy from self-mining to hosting and colocation services for high-performance computing and AI, planning a significant expansion of its power capacity, particularly in Texas. Meanwhile, Riot Platforms (RIOT) reported a substantial jump in fourth-quarter revenue, significantly exceeding forecasts, though its shares remained flat after hours.
https://www.coindesk.com/markets/2026/03/02/core-scientific-turns-lower-after-q4-results-disappoint