Faster global financial news!
IREN
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The Federal Reserve is expected to raise interest rates by another 25 basis points this week, with CoreWeave and IREN facing different interest rate risks.
Goldman Sachs and JPMorgan Chase anticipate a 25 basis point interest rate hike by the Federal Reserve this week, with the futures market pricing in a probability of approximately 90%. Analysis indica
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TeraWulf (WULF) fell 4% on Thursday, while Applied Digital (APLD) and IREN dropped 3% and 2% respectively, due to market profit-taking.
Shares of Bitcoin miners transitioning to AI infrastructure providers saw declines in Thursday trading, with TeraWulf (WULF) down 4% to $16.50, Applied Digital (APLD) down 3% to $26.22, and IREN down
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Jim Cramer Expresses Preference for CoreWeave (CRWV) Over IREN (IREN) for AI Cloud, Citing CoreWeave's Larger Revenue and Backlog
During the September 3 lightning round of Mad Money, Jim Cramer stated his preference for CoreWeave (CRWV) over IREN (IREN) for AI cloud services, deeming others too speculative. CoreWeave reported Q2
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IREN Surges 7% on Conditional ERCOT Status for 2GW Sweetwater Hub, Applied Digital Climbs 6%
IREN Limited (NASDAQ:IREN) shares surged 7% after its 2GW Sweetwater Hub in Texas received conditional inclusion as Base Load in the Electric Reliability Council of Texas (ERCOT) Batch Zero process, a
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IREN AI, an AI cloud service provider, sees contract pricing surge by 125% to $25 million/MW; stock up over 26% in a week.
AI cloud service provider IREN (NASDAQ:IREN) has seen a significant increase in its AI contract pricing, with three-year contract prices surging 125% since November last year, and active negotiations
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Applied Digital and IREN released their latest quarterly financial reports. Applied Digital saw accelerated revenue growth, while IREN's revenue continued to contract, though its AI cloud sales were strong.
Applied Digital (Nasdaq: APLD) reported an acceleration in revenue growth to $258.7 million for the fiscal quarter ended May 31, 2026, while IREN (Nasdaq: IREN) saw its revenue contract sequentially t
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Motley Fool analysts recommend AI concept stocks Iren and Netlist, with plans to increase holdings in 2027.
Motley Fool analyst Marc Guberti stated that he is currently investing in two artificial intelligence (AI) stocks and plans to increase his holdings in them by 2027: Iren (Nasdaq: IREN) and Netlist (O
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IREN secures $2.4 billion GPU financing led by Blue Owl, shares rise 4%; Cipher Digital up 2%.
IREN (NASDAQ:IREN) secured $2.4 billion in senior secured financing led by Blue Owl Capital to procure Graphics Processing Units (GPUs) for its AI cloud business. The financing package includes a term
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IREN announced its complete exit from the Bitcoin mining business, fully transitioning to AI infrastructure, and has already signed a GPU contract with Microsoft.
IREN announced to investors on August 27 that it would completely shut down its Bitcoin mining operations and fully transition into an AI infrastructure company. The company's Q4 AI cloud revenue doub
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IREN CEO Dan Roberts Explains $684M Net Loss and $30B Capex Plan, Citing Non-Cash Bitcoin Miner Write-Downs and Customer Prepayments for Funding
IREN's CEO Dan Roberts clarified that the $684 million net loss reported last week was primarily due to approximately $450 million in non-cash Bitcoin miner write-downs, as the company converts its ca
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Blue Owl-Led $2.4 Billion Iren Debt Deal to Fund Nvidia Blackwell Ultra GPU Purchases for Canada Data Center
Funds managed by Blue Owl Capital Inc. led a $2.4 billion debt deal for cloud computing provider Iren Ltd., which will use the proceeds to acquire Nvidia Corp.'s Blackwell Ultra GPUs for a data center
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IREN shares fall 8% as costly AI transition weighs on earnings
The weakening profitability overshadowed a major milestone in the company’s transformation into an AI cloud provider.
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AI mining stocks Hut 8 fell 11%, TeraWulf fell 5%, and IREN fell 3%, with analysis pointing to profit-taking as the cause.
Hut 8 (NASDAQ:HUT) shares fell 11% to $78.54 in early Friday trading, despite the company having a $19.6 billion contracted backlog for AI data centers. TeraWulf (NASDAQ:WULF) fell 5% to $15.58, and I
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Microsoft officially accepts IREN's Horizon 1 data center, triggering the first billing of the $9.7 billion contract, IREN's stock price rose 6% before giving back gains
Microsoft has officially accepted the first of four data centers built for it by IREN—Horizon 1—marking the first billing under IREN's five-year, $9.7 billion contract with Microsoft. Following this n
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IREN Delivers First AI Cloud Deployment to Microsoft as Part of $9.7 Billion Contract
IREN has delivered its first AI cloud deployment to Microsoft as part of a $9.7 billion contract. IREN, a company transitioning from a Bitcoin miner to an AI infrastructure provider, has delivered the
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Bernstein SocGen Group analysts reiterate "Outperform" rating for IREN, with a target price of $100, expecting approximately 120% upside.
Bernstein SocGen Group analyst Gautam Chhugani reiterated an "Outperform" rating for Iren Ltd. (IREN) on August 13, setting a price target of $100, implying an upside of approximately 120% from curren
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IREN shares jump over 10% after Microsoft accepts its first AI data center, part of a $9.7 billion cloud services deal
IREN Ltd. (NASDAQ:IREN) announced that Microsoft Corp. (NASDAQ:MSFT) formally approved Horizon 1, the first of four AI data centers IREN is building under their five-year, $9.7 billion cloud services
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IREN Limited Q3 Net Loss of $247.8M, but AI Cloud Revenue Doubles to $33.6M, Signs $3.4B Contract with NVIDIA
IREN Limited is transitioning from Bitcoin mining to an AI cloud computing company. Although the company recorded a net loss of $247.8 million in Q3 FY2026, with total revenue decreasing from $184.7 m
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IREN, Core Scientific and other Bitcoin mining stocks surge after Aschenbrenner fund reportedly liquidates $1 billion AI infrastructure portfolio
Shares of Bitcoin mining companies IREN and Core Scientific surged following reports that the Aschenbrenner fund liquidated its $1 billion portfolio focused on AI infrastructure. The fund's investment
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Hyperliquid's new HIP-3 token, IREN, was purchased by TradeParagon for 544.9 HYPE.
Svmuu News: HyperliquidNews posted on X stating that the new HIP-3 ticker, IREN, was purchased by @tradeparagon for 544.9 HYPE, valued at $32,187.
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Bitcoin The total volume of AI-related transactions by mining companies exceeds 7.5 gigawatts, with a contract value equivalent to $150 billion.
Svmuu News: In a research report released on Thursday, Bernstein stated that in July, its “Bitcoin” mining industry transaction tracker recorded an average of one new AI-related transaction per week,
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Hut 8 Signs $9.8 Billion AI Data Center Lease Agreement; IREN Secures $2.8 Billion Cloud Services Contract
Svmuu News Bitcoin Mining company stocks rose during early trading on Monday, with IREN, Cipher Digital, CleanSpark, Hut 8, and MARA Holdings all posting gains of at least 11%.The gains came after Hut
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IREN Signs $2.8 Billion AI Cloud Contract; Raises Year-End Annualized AI Cloud Revenue Target to Over $4 Billion
Svmuu News Bitcoin Mining company IREN has raised its year-end target for annualized AI cloud operating revenue to over $4 billion after signing a new, multi-year, $2.8 billion cloud services contract
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The U.S. stock market's cloud computing sector rebounded across the board, with Hut 8 and IREN surging more than 10%
Svmuu News: According to data from MSX.COM, the U.S. stock market’s cloud computing services sector rebounded across the board, with Hut 8 and IREN surging more than 10%, and Nebius, CoreWeave, and Wh
-
The Federal Reserve is expected to raise interest rates by another 25 basis points this week, with CoreWeave and IREN facing different interest rate risks.
Goldman Sachs and JPMorgan Chase anticipate a 25 basis point interest rate hike by the Federal Reserve this week, with the futures market pricing in a probability of approximately 90%. Analysis indica
-
TeraWulf (WULF) fell 4% on Thursday, while Applied Digital (APLD) and IREN dropped 3% and 2% respectively, due to market profit-taking.
Shares of Bitcoin miners transitioning to AI infrastructure providers saw declines in Thursday trading, with TeraWulf (WULF) down 4% to $16.50, Applied Digital (APLD) down 3% to $26.22, and IREN down
-
Jim Cramer Expresses Preference for CoreWeave (CRWV) Over IREN (IREN) for AI Cloud, Citing CoreWeave's Larger Revenue and Backlog
During the September 3 lightning round of Mad Money, Jim Cramer stated his preference for CoreWeave (CRWV) over IREN (IREN) for AI cloud services, deeming others too speculative. CoreWeave reported Q2
-
IREN Surges 7% on Conditional ERCOT Status for 2GW Sweetwater Hub, Applied Digital Climbs 6%
IREN Limited (NASDAQ:IREN) shares surged 7% after its 2GW Sweetwater Hub in Texas received conditional inclusion as Base Load in the Electric Reliability Council of Texas (ERCOT) Batch Zero process, a
-
IREN AI, an AI cloud service provider, sees contract pricing surge by 125% to $25 million/MW; stock up over 26% in a week.
AI cloud service provider IREN (NASDAQ:IREN) has seen a significant increase in its AI contract pricing, with three-year contract prices surging 125% since November last year, and active negotiations
-
Applied Digital and IREN released their latest quarterly financial reports. Applied Digital saw accelerated revenue growth, while IREN's revenue continued to contract, though its AI cloud sales were strong.
Applied Digital (Nasdaq: APLD) reported an acceleration in revenue growth to $258.7 million for the fiscal quarter ended May 31, 2026, while IREN (Nasdaq: IREN) saw its revenue contract sequentially t
-
Motley Fool analysts recommend AI concept stocks Iren and Netlist, with plans to increase holdings in 2027.
Motley Fool analyst Marc Guberti stated that he is currently investing in two artificial intelligence (AI) stocks and plans to increase his holdings in them by 2027: Iren (Nasdaq: IREN) and Netlist (O
-
IREN secures $2.4 billion GPU financing led by Blue Owl, shares rise 4%; Cipher Digital up 2%.
IREN (NASDAQ:IREN) secured $2.4 billion in senior secured financing led by Blue Owl Capital to procure Graphics Processing Units (GPUs) for its AI cloud business. The financing package includes a term
-
IREN announced its complete exit from the Bitcoin mining business, fully transitioning to AI infrastructure, and has already signed a GPU contract with Microsoft.
IREN announced to investors on August 27 that it would completely shut down its Bitcoin mining operations and fully transition into an AI infrastructure company. The company's Q4 AI cloud revenue doub
-
IREN CEO Dan Roberts Explains $684M Net Loss and $30B Capex Plan, Citing Non-Cash Bitcoin Miner Write-Downs and Customer Prepayments for Funding
IREN's CEO Dan Roberts clarified that the $684 million net loss reported last week was primarily due to approximately $450 million in non-cash Bitcoin miner write-downs, as the company converts its ca
-
Blue Owl-Led $2.4 Billion Iren Debt Deal to Fund Nvidia Blackwell Ultra GPU Purchases for Canada Data Center
Funds managed by Blue Owl Capital Inc. led a $2.4 billion debt deal for cloud computing provider Iren Ltd., which will use the proceeds to acquire Nvidia Corp.'s Blackwell Ultra GPUs for a data center
-
IREN shares fall 8% as costly AI transition weighs on earnings
The weakening profitability overshadowed a major milestone in the company’s transformation into an AI cloud provider.
-
AI mining stocks Hut 8 fell 11%, TeraWulf fell 5%, and IREN fell 3%, with analysis pointing to profit-taking as the cause.
Hut 8 (NASDAQ:HUT) shares fell 11% to $78.54 in early Friday trading, despite the company having a $19.6 billion contracted backlog for AI data centers. TeraWulf (NASDAQ:WULF) fell 5% to $15.58, and I
-
Microsoft officially accepts IREN's Horizon 1 data center, triggering the first billing of the $9.7 billion contract, IREN's stock price rose 6% before giving back gains
Microsoft has officially accepted the first of four data centers built for it by IREN—Horizon 1—marking the first billing under IREN's five-year, $9.7 billion contract with Microsoft. Following this n
-
IREN Delivers First AI Cloud Deployment to Microsoft as Part of $9.7 Billion Contract
IREN has delivered its first AI cloud deployment to Microsoft as part of a $9.7 billion contract. IREN, a company transitioning from a Bitcoin miner to an AI infrastructure provider, has delivered the
-
Bernstein SocGen Group analysts reiterate "Outperform" rating for IREN, with a target price of $100, expecting approximately 120% upside.
Bernstein SocGen Group analyst Gautam Chhugani reiterated an "Outperform" rating for Iren Ltd. (IREN) on August 13, setting a price target of $100, implying an upside of approximately 120% from curren
-
IREN shares jump over 10% after Microsoft accepts its first AI data center, part of a $9.7 billion cloud services deal
IREN Ltd. (NASDAQ:IREN) announced that Microsoft Corp. (NASDAQ:MSFT) formally approved Horizon 1, the first of four AI data centers IREN is building under their five-year, $9.7 billion cloud services
-
IREN Limited Q3 Net Loss of $247.8M, but AI Cloud Revenue Doubles to $33.6M, Signs $3.4B Contract with NVIDIA
IREN Limited is transitioning from Bitcoin mining to an AI cloud computing company. Although the company recorded a net loss of $247.8 million in Q3 FY2026, with total revenue decreasing from $184.7 m
-
IREN, Core Scientific and other Bitcoin mining stocks surge after Aschenbrenner fund reportedly liquidates $1 billion AI infrastructure portfolio
Shares of Bitcoin mining companies IREN and Core Scientific surged following reports that the Aschenbrenner fund liquidated its $1 billion portfolio focused on AI infrastructure. The fund's investment
-
Hyperliquid's new HIP-3 token, IREN, was purchased by TradeParagon for 544.9 HYPE.
Svmuu News: HyperliquidNews posted on X stating that the new HIP-3 ticker, IREN, was purchased by @tradeparagon for 544.9 HYPE, valued at $32,187.
-
Bitcoin The total volume of AI-related transactions by mining companies exceeds 7.5 gigawatts, with a contract value equivalent to $150 billion.
Svmuu News: In a research report released on Thursday, Bernstein stated that in July, its “Bitcoin” mining industry transaction tracker recorded an average of one new AI-related transaction per week,
-
Hut 8 Signs $9.8 Billion AI Data Center Lease Agreement; IREN Secures $2.8 Billion Cloud Services Contract
Svmuu News Bitcoin Mining company stocks rose during early trading on Monday, with IREN, Cipher Digital, CleanSpark, Hut 8, and MARA Holdings all posting gains of at least 11%.The gains came after Hut
-
IREN Signs $2.8 Billion AI Cloud Contract; Raises Year-End Annualized AI Cloud Revenue Target to Over $4 Billion
Svmuu News Bitcoin Mining company IREN has raised its year-end target for annualized AI cloud operating revenue to over $4 billion after signing a new, multi-year, $2.8 billion cloud services contract
-
The U.S. stock market's cloud computing sector rebounded across the board, with Hut 8 and IREN surging more than 10%
Svmuu News: According to data from MSX.COM, the U.S. stock market’s cloud computing services sector rebounded across the board, with Hut 8 and IREN surging more than 10%, and Nebius, CoreWeave, and Wh
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