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CORZ News30 articles
Keel Infrastructure Surges on AI Pivot as Analysts Warn of Overvaluation
Keel Infrastructure shares hit recent highs after closing a $458M convertible note deal to fund its shift from bitcoin mining to AI infrastructure. Analysts average 12-month target of $5.29 trails the last close, highlighting execution risk.
Keel Infrastructure Tumbles on $458M Convertible Debt for AI Data Centers
Keel Infrastructure shares plunged 4.24% to $5.42 after a $458M convertible debt deal for AI data centers, sparking dilution worries. Volume doubled.
IREN Shares Near $60 as AI Cloud Strategy Gains Traction
IREN shares jumped 8.9% to $59.19, boosted by bitcoin recovery and its AI cloud pivot. Premarket quotes hit $60.07.
IREN Shares Slide 14% on AI Data Center Plans Despite $3.65B GPU Financing
IREN shares dropped 14% after unveiling an 800MW data center campus in South Australia and closing a $3.65 billion GPU financing facility, as the Nasdaq selloff and lower bitcoin prices weighed on AI and crypto stocks.
IREN Gains Russell 3000 Inclusion, Secures Key Nvidia Deal Ahead of Holiday
IREN Ltd shares rose 7.3% last week following news of its planned Russell 3000 inclusion, a $3.4 billion Nvidia AI cloud deal, and a $3 billion convertible note offering.
IREN Shares Jump 9.4% on Nvidia AI Deal, but Cloud Revenue Still Lags
IREN shares jumped 9.4% on Wednesday as Nvidia earnings anticipation lifted AI infrastructure stocks, but the company's latest quarterly results showed a widening net loss.
CleanSpark Gains as Bernstein Highlights AI Data Center Power Potential
CleanSpark shares rose 1.7% to $14.94 pre-market after Bernstein rated the stock Outperform with a $24 target, highlighting the value of bitcoin miners' power capacity for AI data centers.
Nebius Shares Rebound Pre-Market as AI Factory Plans Face Earnings Test
Nebius Group shares rose 3.53% to $185.42 in pre-market trading after Tuesday's drop, ahead of Q1 earnings. The company's AI factory plans and tech deal with Clarifai are in focus.
MARA Holdings Rises Despite Loss as AI Power Strategy Takes Shape
MARA Holdings shares rose 3.6% premarket Tuesday despite a $1.3B loss and revenue miss, as investors focus on debt reduction, Bitcoin sales, and an AI infrastructure pivot.
Keel Infrastructure Posts $128M Q1 Loss, Pushes AI Data-Center Leasing
Keel Infrastructure Corp posted a $128M Q1 loss as legacy revenue fell 23% to $37M. The company has $533M in liquidity to support leasing at three AI data-center sites in North America.
Hut 8 Shares Surge 32% on $9.8 Billion Texas AI Data Center Lease
Hut 8 (HUT) shares surged 32% after inking a $9.8 billion, 15-year lease for 352 MW of IT capacity at its Beacon Point data center in Texas, accelerating its pivot to AI.
MARA Shares Dip on Insider Sale Plan as Bitcoin Holds Firm
MARA Holdings shares edged lower following a regulatory filing indicating an insider-linked trust intends to sell stock. The move coincides with the company's strategic shift to allow bitcoin sales from its balance sheet.
TeraWulf Stock Volatile as AI Costs Weigh Amid Bitcoin Rally
TeraWulf shares rose sharply early Friday before paring gains, trading up 0.6% as Bitcoin's rally clashed with concerns over the company's AI infrastructure costs and regulatory scrutiny.
Cipher Digital's AI Pivot Under Scrutiny as Analyst Cuts Target Amid Mining Exit
Cipher Digital shares declined following a price target reduction by Keefe, Bruyette & Woods. The move reflects concerns over the company's transition from bitcoin mining to AI-focused data center development.
IREN's $6B Equity Plan Fuels AI Ambitions Amid Market Skepticism
IREN's stock fell 1.3% amid a broader tech selloff, as the company seeks to raise up to $6 billion through share sales to finance its pivot to AI cloud services, despite reporting a $155.4 million quarterly loss.
IREN Shares Retreat Following AI-Driven Rally Amid Strategic Pivot
IREN shares declined 1.6% to $45.42, cooling after a 10.3% surge the prior day. The company reported a Q4 net loss of $155.4 million while securing $3.6 billion in GPU financing for its Microsoft AI partnership.
IREN Shares Rebound on AI Infrastructure Financing Despite Bitcoin Weakness
IREN shares rose over 6% as investors focused on a $3.6 billion GPU financing deal tied to its Microsoft partnership, offsetting concerns from a quarterly net loss of $155.4 million.
Nebius AI Stock Undervalued Amid Projected Revenue Surge to $9B
Nebius Group's AI computing stock appears discounted with forward P/S under 7, as revenue is projected to leap from $551M to up to $9B in 2026. Meanwhile, Asian dividend stocks and blockchain leaders attract investor attention.
Russell Index Overhaul: CoreWeave Joins Large-Cap, Bloom Energy Ascends
FTSE Russell's annual index reconstitution will trigger trillions in passive fund trades at Friday's close, with CoreWeave joining the Russell 1000 and Bloom Energy moving up, driving concentrated order flows.
CoreWeave to Join Nasdaq-100 After 17% Weekly Surge
CoreWeave joins the Nasdaq-100 on Monday after a 17% weekly gain, triggering index fund buying from over $800 billion in assets. The AI cloud firm's Q1 revenue doubled to $2.08 billion, but net loss widened to $740 million.
CoreWeave Rallies Ahead of Nasdaq-100 Inclusion; Debt Concerns Loom
CoreWeave rose 17.3% to $117.95 ahead of its Nasdaq-100 debut. The company faces significant debt risks after pricing $3.25 billion in senior notes.
CoreWeave Gains as Nasdaq-100 Inclusion Nears, Backlog Optimism Grows
CoreWeave jumped 9.67% to $117.03 on Tuesday, buoyed by expectations of a backlog surpassing $131 billion and its upcoming Nasdaq-100 inclusion.
CoreWeave Surges on Nasdaq-100 Entry Amidst $50.8B Debt Concerns
CoreWeave shares surged 9.6% to $116.95 on news of its Nasdaq-100 inclusion, but analysts warn that $50.81 billion in liabilities and high-cost debt may offset the $99.4 billion revenue backlog.
Roku stock surges on Evercore upgrade, S&P MidCap 400 inclusion ahead
Roku shares surged after Evercore ISI reiterated its outperform rating and $185 price target, highlighting the company's redesigned home screen and advertising opportunities. The stock is set to join the S&P MidCap 400 on June 22.
CoreWeave Surges on Nasdaq-100 Inclusion, Debt Deal Fuels AI Expansion
CoreWeave shares surged 9% after being added to the Nasdaq-100, with index inclusion set for June 22. The company also priced $1.25 billion and €2 billion in high-yield notes for AI infrastructure, but remains high-risk due to losses and leverage.
Core AI Stock Skyrockets 474% in Premarket on AI Rally
Core AI Holdings shares jumped 474% in premarket trading on heavy volume, riding a wave of AI stock momentum, but the company faces a going-concern warning and significant funding challenges.
CoreWeave Gains Early Access to Nvidia's Vera Rubin, Debt Concerns Loom
CoreWeave shares surged 13.96% after announcing the first validated deployment of Nvidia's Vera Rubin NVL72 system. Despite strong revenue and backlog growth, the company faces mounting debt and a widening net loss.
CoreWeave Shares Surge Premarket on Index Inclusion and AI Deal
CoreWeave shares surged 5.65% premarket after a preliminary Russell 3000 index addition and a $20 million AI-inference funding round backed by CoreWeave.
Glencore Eyes Monday Catalyst as South Africa Greenlights Ferrochrome Power Relief
Glencore shares ended the week nearly unchanged at 567.80 pence, as South Africa approved a temporary discounted power rate for the Glencore-Merafe ferrochrome venture, offering cost relief ahead of Monday's market open.
CoreWeave and Nebius: AI Cloud Rivals Heat Up Amid Surging Demand
CoreWeave shares rose on a Buy rating from GF Securities, while Nebius reported 684% revenue growth. Both AI cloud firms are expanding capacity to meet surging demand.