Check out the companies making headlines in midday trading. Cleanspark – The crypto miner's stock plunged more than 13%. Cleanspark released its mining update for August, which showed that it mined 478 bitcoins last month. That marks a drop from 494 in July and 659 in August last year .
The investment firm said that Redfin's internal improvements plus the likelihood of lower interest rates should help the company return to growth and improve margins in 2025. Semiconductor stocks – Shares of some of the biggest chipmakers fell during the first trading session of the month. KLA and Nvidia led the slide, with both falling around 7%. Micron Technology and Taiwan Semiconductor Manufacturing each fell about 6%, while Broadcom and Advanced Micro Devices were down about 5%.
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