Galaxy (GLXY) stock has gained approximately 3% in the past day, trading around $26, and remains up over 45% year-to-date despite recent weakness. Investors are closely monitoring the stock for a potential rebound, especially if the Chaikin Money Flow indicator turns positive.
The company's AI data-center business, notably the Helios site in Texas, is anticipated to expand more rapidly. CoreWeave's recent filing indicates that 393MW of power could be operational by 2026, earlier than expected, potentially boosting Galaxy's earnings significantly. Analysts suggest that a strong stock surge may also depend on movements in Bitcoin or Ethereum.
Galaxy (GLXY) Stock Poised for 30% Surge Amid AI Expansion
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