$50.30
-4.42 (-8.08%)
As of Jun 24, 9:43 PM ET ·
IREN News30 articles
IREN shares tumble 9.5% as Bitcoin slide and AI spending jitters weigh
IREN shares fell 9.5% to $49.51, underperforming peers, as Bitcoin slid below $60,000 and analysts questioned its AI cloud pivot, chip delivery risks, and $4.4 billion revenue goal.
Markets
IREN Shares Slide Amid Analyst Divide on AI Cloud Revenue Prospects
IREN shares dropped 3.78% to $54.72 as tech stocks fell on AI spending worries. Analysts remain split on the stock's outlook, with targets from $36 to $100.
Markets
Keel Infrastructure Slips After Rally, Awaiting Key Data-Center Leases
Keel Infrastructure shares fell pre-market after hitting a 52-week high, as the market weighs the Russell 3000 addition and convertible note offering against declining revenue and unsigned data-center leases.
Markets
MARA Holdings Slips in Premarket as Bitcoin and Nasdaq Weakness Weigh on Crypto-AI Play
MARA Holdings fell 3.16% in premarket trading Tuesday after shareholders approved an 18 million-share increase to its equity incentive plan, as bitcoin and Nasdaq weakness weighed on the stock.
Crypto
MARA Holdings Jumps 12.8% as Market Eyes Power Assets Beyond Bitcoin
MARA Holdings jumped 12.8% to $16.04, far outpacing bitcoin's 2.1% gain, as traders valued its power assets and AI data-center potential over its bitcoin holdings.
Crypto
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.
Analysis
IREN Shares Surge 5% as Investors Eye AI Cloud Revenue Milestones
IREN shares climbed 5.40% to $59.77 as investors assess the pace of revenue recognition from major AI cloud deals with Microsoft and Nvidia, with GPU deployment at Childress as the next catalyst.
Technology
IREN Surges 5.4% on AI Cloud Shift, But Execution Risks Loom
IREN Limited surged 5.40% to $59.77, far outpacing the Nasdaq, as investors bet on its pivot from Bitcoin mining to AI cloud infrastructure, fueled by major contracts.
Markets
IREN Stock Rebounds as AI Cloud Revenue Outlook and Funding Clarity Emerge
IREN shares bounced $5.16 to $56.71 as investors assessed AI cloud prospects and funding. Needham cut 2026-27 estimates on delayed revenue ramp; mining revenue nears zero. Key catalyst: billable AI cloud revenue proof before Sep 16 earnings.
Markets
IREN Rallies After Needham Downgrade, AI Cloud Transition in Focus
IREN shares bounced over 5% midday after Needham lowered estimates, but the stock remains well below its 52-week high as investors eye AI revenue timing.
Markets
MARA Holdings Drops 3.9% as Crypto Mining Sector Faces Broad Selloff
MARA Holdings shares slid 3.9% to $12.79, lagging Bitcoin's bounce above $62,000, as the crypto mining sector faced broad selling pressure amid tech weakness and energy cost concerns.
Crypto
IREN Stock Extends Losses as AI Cloud Execution Takes Center Stage
IREN shares dropped 8.73% on Tuesday and fell further premarket Wednesday, as market sentiment weighed on the stock despite bullish analyst calls. Execution on Microsoft and Nvidia AI contracts is key.
Technology
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.
Markets
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.
Technology
IREN Stock Climbs 9% on Bitcoin Bounce and $4.4 Billion AI Data Center Expansion
IREN shares surged 9% to $59.19 as investors returned to crypto and AI stocks, buoyed by a $3.65 billion GPU financing facility and a new 800MW data center project in Australia.
Crypto
CleanSpark Shares Face Volatile Monday After Tech Rout Erases Mining Gains
CleanSpark stock slid to $15.59 after a broad tech and crypto selloff wiped out gains from a strong May update, setting up a tense Monday open as investors weigh rising bitcoin output against weak sentiment.
Crypto
IREN Stock Drops 12% Despite $3.65B GPU Financing and Australia Expansion
IREN shares plunged 12.14% to $54.35 Friday as investors assessed a $3.65B GPU financing deal and new Australia data center project against ongoing crypto volatility and execution risks.
Crypto
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.
Markets
IREN Shares Slide on Australia Data Center Expansion Despite Major Contracts
IREN shares dropped 5.8% in premarket trading after announcing an 800MW Australian data center, despite a $3.65B GPU financing deal and contracts with Microsoft and Nvidia.
Technology
IREN Surges on $3.65B GPU Deal and 800MW Australian Data Center
IREN shares climbed to $66.60 premarket on news of an 800 MW Australian data-center plan and a $3.65 billion GPU financing deal for its Microsoft contract. Canaccord raised its target to $79.
Technology
IREN Shares Jump on $3.65B Debt Deal for Microsoft AI Cloud Contract
IREN Limited shares climbed 3.8% after closing a $3.65 billion debt deal to fund GPU purchases for its $9.7 billion Microsoft AI cloud contract, covering 96% of capital needs.
Technology
IREN Secures $3.65B GPU Financing for Microsoft AI Deal
IREN shares slipped 0.7% premarket to $63.54 after securing $3.65B in GPU-backed debt to fund its Microsoft AI contract, aiming for $4.4B ARR.
Technology
Nebius Shares Near Peak After AI Fund Reveals Major Stake, Key Conference Ahead
Nebius shares rose 9% after an AI fund disclosed a 5.6% stake, becoming its largest shareholder. The company's Q1 revenue soared 684%, and it secured power for a new AI factory. All eyes are now on the upcoming BofA tech conference.
Markets
Keel Infrastructure Extends Rally as AI Data Center Aspirations Drive Investor Interest
Keel Infrastructure shares continued their surge Friday, gaining 2.1% to $5.69, as investors focus on the company's transformation into an AI data center provider, even without a signed colocation deal.
Markets
IREN Shares Dip as Focus Shifts to AI Deal Execution
IREN shares dropped 1.5% to $63.08 Friday as the market shifts focus from contract figures to execution of its AI infrastructure plans.
Technology
IREN Stock Dips Premarket After $1.6B Dell Deal for AI Hardware
IREN shares dropped 3.6% in premarket after surging 13.48% on a $1.6 billion Dell deal for Nvidia Blackwell systems to support a $3.4 billion AI cloud contract.
Markets
Dell Faces Margin Scrutiny as AI Server Rivals Lenovo and HP Surge
Dell stock slipped ahead of earnings as AI server demand remains strong but margin pressures loom, with rivals Lenovo and HP posting robust hardware results.
Earnings
Keel Infrastructure Surges as AI Data Center Play Gains Traction
Keel Infrastructure shares rose 7.99% to $5.54 on heavy volume, driven by investor interest in its AI infrastructure pivot, though Q1 revenue fell 23%.
Markets
IREN Stock Surges on $1.6B Dell Deal to Accelerate AI Infrastructure
IREN shares rose 9.4% to $65.42 after announcing a $1.6 billion Dell hardware deal to speed up Nvidia Blackwell system deployment, with a $4.4 billion annualized revenue target.
Markets
Wall Street Hits Fresh Peaks as AI Chip Trade Powers After-Hours Moves
The S&P 500 and Nasdaq closed at all-time highs Tuesday, driven by AI chip demand. Micron briefly hit $1 trillion market cap, Qualcomm surged on a ByteDance deal, and Zscaler dropped after weak revenue guidance.
Markets