Bitmine Immersion shares jump over 7% as crypto holdings reach $14.9B

IMMERSION CORP (IMMR) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 immr-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Immersion Corporation Reports Fourth Quarter and Fiscal 2026 Results Fourth Quarter GAAP Net Income Attributable to Immersion Stockholders of $3.7 million or $0.12 per diluted share Fourth Quarter Non-GAAP Net Income Attribut

NVIDIA plans to raise prices for its AI servers by over 15% for shipments scheduled in 2027, citing higher memory chip costs and strong demand for AI computing systems. The increase may impact companies and data centers reliant on NVIDIA's processors for AI models, as the company holds a leading position in the market for advanced AI processing.

Nvidia shares fell 2.9% for a seventh consecutive session, marking its longest losing streak since 2022. The decline came amid reports of planned price increases for AI chip-equipped servers and ahead of its quarterly earnings release. Other semiconductor stocks, including Micron, also declined. The Nasdaq and S&P 500 ended lower, while the Dow Jones gained. Oil prices also fell.

Bernstein predicts a new growth cycle for Circle's USDC stablecoin, citing a $2B supply increase in seven days. The firm maintains an Outperform rating and $140 price target for Circle (CRCL), seeing 60% upside. Factors include crypto market momentum, regulatory clarity, and stablecoin adoption. USDC's transaction volume share rose from 40% in 2025 to 60% in 2026. Circle reported $701M revenue and $48M net income in its latest quarter.

Visa shares hit a record high of $382.41, up 3.1%, with analysts seeing only 8.8% upside. Mastercard also reached a new peak. Visa reported a 14% rise in Q3 net revenue to $11.6B, with payments volume up 10%. The company's AI financial assistant is in U.S. pilot, but revenue impact is unclear.

Nine automakers, including Tesla (TSLA), are recalling over 4 million vehicles in China due to door handle safety concerns. Tesla is recalling nearly 3 million vehicles, with its stock falling 4% on Aug. 24. The recall follows incidents where door handles failed during emergencies. Tesla plans to add warning labels and make software updates. Chinese regulators are enforcing the recall, with new rules requiring manual release handles on both sides of vehicles by 2027.