US stocks surge | Canaan Technology (CAN.US) rises by 9.8%, Q3 mining business revenue increases by 241% year-on-year.

Zhitong Finance and Economics APP learned that on Tuesday, the stock price of Canaan Technology (CAN.US) rose, with the stock rising by 9.8% to $0.9382 as of press time. The company's financial results for the third quarter of 2025 show a GAAP loss of $0.05 per share, lower than market expectations of a profit of $0.04 per share; however, revenue performance was strong, with Q3 revenue reaching $150.5 million, a year-on-year increase of 104.5% and surpassing expectations.