NASDAQ:WFRB

WhiteFiber Stock Jumps as AI Data-Center Bet Heats Up Again
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WhiteFiber Stock Jumps as AI Data-Center Bet Heats Up Again

WhiteFiber Inc shares climbed 6% to $31.56 in late Nasdaq trading Monday, rebounding after hitting an intraday low. The move followed last week’s $100 million delayed-draw loan agreement with Bit Digital Capital and a $160 million, five-year AI compute deal in Paris. WhiteFiber reported first-quarter revenue up 31% to $21.9 million but posted a $12 million net loss. Bit Digital shares rose 4.2%.
June 2, 2026

Stock Market Today

  • Forrestania Resources Exceeds 1 Moz Gold Resource Mark with MacPhersons Update
    June 1, 2026, 8:10 PM EDT. Forrestania Resources (ASX: FRS) has surpassed 1 million ounces in its global JORC Mineral Resource following an update at the MacPhersons deposit, now totaling 1,007,800 oz gold (Au) across 25.7 million tonnes at 1.22 g/t. The MacPhersons resource includes measured, indicated, and inferred categories, enhancing the Coolgardie Gold Hub. Recent drilling programs at Lady Lila, Mt Palmer, and Johnson Range projects have yielded significant high-grade gold intercepts, further strengthening the portfolio. Strategic acquisitions, including Midas Minerals and other WA tenements, expand Forrestania's footprint within the Southern Cross Greenstone Belt. The company is also advancing its Lake Johnston processing facility conversion from nickel to gold production, aiming to establish a central processing hub for its growing gold resources.