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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.
9 October 2025
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Stock Market Today

  • Purple (PRPL) Stock Drops 20.9% After Q1 2026 Miss and Revenue Cut
    April 29, 2026, 6:48 AM EDT. Shares of Purple (NASDAQ:PRPL), a bedding and comfort retailer, fell 20.9% after reporting first-quarter 2026 revenue of $95.73 million, missing Wall Street's $101.7 million forecast. The company also lowered its full-year revenue guidance to $475 million from $510 million, below analyst expectations. Despite projecting full-year adjusted EBITDA above consensus, the weaker sales outlook spooked investors. Purple's stock is highly volatile, down 29.3% year-to-date and trading 59.3% below its 52-week high. The recent drop indicates market concern over its growth prospects amid macroeconomic worries, including rising costs from geopolitical tensions that have pushed oil prices up. Investors face significant losses; $1,000 invested five years ago is now worth around $14.51.

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