Top neocloud companies, including those backed by Nvidia, have fallen sharply over the past few days as concerns about the industry's outlook have intensified and investors await the upcoming earnings reports from major technology companies.Nebius stock has dropped by 37.3% from its highest point t…
Bernstein said in a research report on Thursday that its weekly bitcoin mining industry deal tracker recorded a new AI-related deal each week in July, with total volume exceeding 7.5 gigawatts. According to Odaily, Bernstein said the deals were equivalent to $150 billion under multiyear contracts.B…
Bernstein said that it remains overweight on the Bitcoin mining sector, citing the growing partnerships between Bitcoin mining companies that are necessary to address the power constraints of artificial intelligence (AI) data centers.The investment manager’s Bitcoin mining industry deal tracker reg…
As AI-driven data center spending continues to dominate market conversations, retail investors are increasingly looking for the next big winner.Stocktwits recently asked traders which of four popular AI infrastructure plays - Oracle (ORCL), IREN, Bloom Energy (BE), and Hut 8 (HUT) - offers the most…
U.S. stock futures climbed in overnight trading late Monday as gains in semiconductor stocks ahead of a busy week of Big Tech earnings helped offset investor concerns over the renewed U.S.-Iran conflict, which entered its tenth consecutive night with American military strikes targeting sites in the…
Shares of crypto mining companies, which are now pivoting toward data center infrastructure, jumped in midday trade on Monday, after Hut 8’s (HUT) $9.8 billion lease and Iren’s (IREN) raised guidance sparked a sector-wide rally.Cipher Digital (CIFR) led the gains among major names, followed by Clea…
Iren NASDAQ:IREN shares surged about 15% on Monday after the AI cloud infrastructure provider signed $2.8 billion in new cloud services contracts and raised its 2026 annualized AI Cloud revenue target to more than $4 billion.Iren said it now expects year-end 2026 annualized AI Cloud revenue to exce…
Bitcoin miner IREN’s shares rose around 15.7% on Monday after the company raised its year-end AI cloud annualized run-rate revenue target to more than $4 billion following $2.8 billion in new multi-year cloud services contracts with AI developers.The company said about 85% of its revised annualized…
Shares of IREN (IREN) surged 9% in premarket trading on Monday, putting the stock on track to end a seven-session losing streak after the company raised its 2026 AI Cloud annualized run-rate revenue target on the back of new multi-year cloud services contracts.IREN shares have lost more than 22% du…
(17:47 GMT) IREN Price Target Announced at $58.00/Share by Freedom Broker
IREN Ltd. shares rose nearly 5% in overnight trading on Sunday after a report revealed that Anthropic had privately tendered for $15 billion in cloud capacity in Australia, a development many believe puts the neocloud company in pole position to land a significant contract with the AI startup.Anthr…
IREN shares fell about 10% to $38.82 on July 2 after the Bitcoin miner granted its two co-CEOs 18.2 million restricted stock units worth about $700 million, equal to roughly 5% of the company. According to BeInCrypto, the board approved 9,099,328 units each for founders and former Macquarie bankers…
Iren Ltd. (IREN) share price dropped over 10% on Thursday, down for the ninth straight session, as investors frowned upon a large NBA deal and a massive pay package for the co-founders, while mounting short interest on the stock also dampened sentiment.The Australian-founded neocloud service provid…
IREN stock is crashing this morning, and the sell-off is being attributed primarily to Meta Platforms' reported plans to launch a commercial cloud infrastructure business.But a deeper dive reveals there’s actually more to the story that’s disappointing investors on Jul. 2 – adding to pressure on th…
IREN Ltd’s stock dropped 2.2% in premarket trading on Thursday, after the company announced that it has granted 18.2 million stock units to its co-CEOs.IREN said in an exchange filing on Wednesday that its board approved and granted 9.1 million restricted stock units (RSUs) each to Co-CEOs William…
IRE granted 9,099,328 restricted stock units to each of Co-CEOs William Roberts and Daniel Roberts, with vesting and holding provisions designed to align long-term incentives.Original SEC Filing: IREN Ltd [ IREN ] - 8-K - Jul. 01, 2026This is an AI-powered summary. It may contain inaccuracies. Cons…
By the end of 2025, the power capacity tied to artificial intelligence data centers worldwide had reached about 29.6 gigawatts (GW), enough to run all of New York state at peak demand, according to Stanford University’s annual report on the AI industry.The report, released in April, suggests that c…
