24/7 Wall Street
07 Oct 2026, 21:14 UTC · 1h ago
Zcash ETFs Have Lost $59 Million in October While the Coin Keeps Climbing. What Are the Investors Noticing?
Impact · against what's priced in
The article contains no material catalysts for APLD or SOFI. Mention of APLD's intraday drop is a reaction to existing volatility around earnings, and the SOFI mention is a sponsored advertisement for user acquisition.
- APLD−0.05
Already priced in
- The price assumes
the severe cash burn, as evidenced by the deeply negative operating and free cash flow margins
The reported 6% intraday drop and anxiety over Q1 earnings align with the market's existing rejection of the bull thesis regarding APLD's ability to convert backlog into cash flow.





