On June 29, Core Scientific fell 5.11% in regular trading, trading at $25.81/share, with turnover of $72.53 million.

On the news front, Bitcoin network mining difficulty has declined over 20% from its historical peak, marking the largest drop in recent years and forcing Core Scientific to accelerate its transition toward AI and high-performance computing. Market concerns over a potential AI bubble burst triggering synchronized sell-offs in both Bitcoin and AI-related assets continue to weigh on valuations.

Fundamentally, the company reported Q1 adjusted EPS of -$0.10, missing the consensus estimate of -$0.07 by approximately 43%, while revenue of $115.24 million slightly beat the $111.25 million estimate. The company remains in a loss-making position as it navigates its business transformation. Within the Application Software sector, IREN Ltd fell 5.91% on the same day, reflecting broader industry headwinds across crypto-mining and AI infrastructure names.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)