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Core Scientific, Inc. (CORZ) Surges 5.3%: Is This an Indication of Further Gains?
CORZCore Scientific(CORZ) ZACKS·2025-04-03 15:35

Group 1: Core Scientific, Inc. (CORZ) - Core Scientific's shares increased by 5.3% to close at 8.42,followingaperiodof16.68.42, following a period of 16.6% loss over the past four weeks, indicating a strong trading volume [1] - The company is benefiting from securing long-term high-performance computing (HPC) contracts, expanding infrastructure capacity, and diversifying its customer base, positioning it for strong growth and higher profit margins in the future [1] - The consensus EPS estimate for the upcoming quarter is a loss of 0.10 per share, reflecting a year-over-year change of -152.6%, with expected revenues of 99.39million,down44.699.39 million, down 44.6% from the previous year [2] Group 2: Industry Insights - Core Scientific is part of the Zacks Financial - Miscellaneous Services industry, which includes WisdomTree, Inc. (WT), whose shares increased by 0.3% to 9.13, with a 5.1% return over the past month [3] - WisdomTree's consensus EPS estimate for the upcoming report is $0.16, representing a year-over-year change of +33.3%, with the estimate remaining unchanged over the past month [4]