Morning News Wrap-Up: Wednesday’s Biggest Stock Market Stories!
TipRanks (Wed, 17-Dec 11:37 AM ET)
Market Chameleon (Wed, 17-Dec 6:08 AM ET)
Northland Securities Sticks to Their Buy Rating for Hut 8 (HUT)
TipRanks (Wed, 17-Dec 9:17 AM ET)
Hut 8 Stock (HUT) Skyrockets 17% after Securing a $7 Billion Google-Backed Mega-Lease for AI
TipRanks (Wed, 17-Dec 9:08 AM ET)
Hut 8’s Strategic Expansion into AI Infrastructure and Scalable Growth Potential Drives Buy Rating
TipRanks (Wed, 17-Dec 7:35 AM ET)
Market Chameleon (Wed, 17-Dec 2:06 AM ET)
Hut 8 stock jumps on AI infrastructure pacts with Anthropic and Fluidstack
Seeking Alpha News (Wed, 17-Dec 6:16 AM ET)
PRNewswire (Wed, 17-Dec 6:15 AM ET)
Hut 8 Announces AI Infrastructure Partnership with Anthropic and Fluidstack
PRNewswire (Wed, 17-Dec 6:00 AM ET)
Crypto slump weighs on Coinbase, Robinhood, miners, and related stocks
Seeking Alpha News (Mon, 15-Dec 1:33 PM ET)
Hut 8 Corp is an energy infrastructure operator and Bitcoin miner with self-mining, hosting, managed services, and traditional data center operations across North America. The company has four reportable business segments: Power, Digital Infrastructure, Compute, and Other. It derives maximum revenue from the Compute segment which consists of Bitcoin Mining, GPU-as-a-Service, and Data Center Cloud operations. Its geographical segments include the United States and Canada, of which it generates the majority of revenue from the United States.
Hut 8 Corp. trades on the NASDAQ stock market under the symbol HUT.
As of December 17, 2025, HUT stock price climbed to $40.11 with 18,376,257 million shares trading.
HUT has a beta of 2.47, meaning it tends to be more sensitive to market movements. HUT has a correlation of 0.26 to the broad based SPY ETF.
HUT has a market cap of $4.33 billion. This is considered a Mid Cap stock.
Last quarter Hut 8 Corp. reported $84 million in Revenue and $.43 earnings per share. This beat revenue expectation by $19 million and exceeded earnings estimates by $.56.
In the last 3 years, HUT traded as high as $57.29 and as low as $3.90.
The top ETF exchange traded funds that HUT belongs to (by Net Assets): VTI, VGT, IWM, VXF, BLOK.
HUT has outperformed the market in the last year with a price return of +38.0% while the SPY ETF gained +11.8%. HUT has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +14.5% and +6.4%, respectively, while the SPY returned +2.0% and -1.5%, respectively.
HUT support price is $33.89 and resistance is $39.81 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HUT shares will trade within this expected range on the day.