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NASDAQ:WULF 9 October 2025

BULLISH BREAKOUT: Google’s $3B Backstop Rockets TeraWulf (WULF) Stock to Multi-Year High

BULLISH BREAKOUT: Google’s $3B Backstop Rockets TeraWulf (WULF) Stock to Multi-Year High

TeraWulf shares surged to a 3.5-year high near $13.39 after Google increased its stake to 14% and boosted financial support to $3.2B in August. The company is arranging a $3B debt raise for expansion, advised by Morgan Stanley. Q2 revenue rose 34% to $47.6M, but net loss widened to $18.37M. As of June 30, TeraWulf held about $90M in cash and crypto, with $500M in convertible debt.

Stock Market Today

  • ASX Set to Dip as Middle East Tensions Boost Oil Prices; Premier Investments Reports Lower H1 Earnings
    March 19, 2026, 9:22 PM EDT. Australian shares are expected to decline on Friday amid volatile energy markets triggered by Middle East strikes that briefly pushed Brent crude to $119 a barrel. The S&P 500 and Nasdaq each dropped 0.3%, while the Dow fell 0.4% overnight. Investors are also focused on Australia's upcoming consumer price index report. Premier Investments (ASX:PMV) posted fiscal first-half earnings of AU$0.6351 per share on AU$460.3 million revenue, down from AU$0.7307 earnings on AU$465.2 million a year earlier. Flight Centre Travel Group (ASX:FLT) acquired UK agency Fresh Approach, expanding its FCM meetings-and-events operations. The ASX benchmark closed down 1.7% at 8,497.80 on Thursday.
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