IREN Limited (IREN)
CoreWeave Drops 6% as Debt Worries Linger; IREN Falls 4%, Nebius Slips
Debt worries are back at the center of the AI cloud trade, and the most leveraged name in the group is taking the hardest hit. CoreWeave (NASDAQ:CRWV) stock is off 6%, recently at $65.
IREN Expands Liquid Cooling Across AI Data Centers: Can Returns Rise?
IREN expands liquid-cooled data centers to boost AI computing capacity and revenue per MW, but $25-$30 billion in fiscal 2027 capex raises execution and financing risks.
IREN Limited's AI Pivot Gains Traction—But Can Its Data Centers Deliver?
IREN TodayIRENIREN$30.79 -4.01 (-11.53%) As of 01:55 PM Eastern This is a fair market value price provided by Massive. Learn more.52-Week Range$28.93▼$76.87Price Target$81.13Add to WatchlistIREN Limited NASDAQ: IREN drew market attention with its Q2 earnings release, prominently announcing a new multi-year deal with a frontier hyperscale AI lab.
Cipher Digital Falls 5% as $850M Zero-Coupon Note Pricing Extends Slide; Applied Digital Declines 6%, IREN Drops 4%
Cipher Digital (NASDAQ:CIFR) shares are trading at $10.72, down 5%, after the artificial intelligence (AI) data center developer priced a large zero-interest convertible note sale.
IREN's Global Expansion Accelerates: Can It Drive Future Growth?
IREN expands across North America, Europe and Australia, advancing major U.S. projects while developing an 800-MW South Australian site and a 300-MW project in Spain.
IREN Slides 5% as Anthropic Cloud Report Buzz Fades; Core Scientific Falls 3%
IREN Limited (NASDAQ:IREN) stock is down 4% to $33.18 as the buzz surrounding an apparently unconfirmed report naming Anthropic as a customer fades.
IREN: The First GPU Cycle Could Fund The Next
IREN's $4 billion contracted ARR matters, but reusable infrastructure could make subsequent GPU cycles considerably more profitable for shareholders. Customer prepayments cover roughly 45%-55% of GPU CAPEX, while financing can fund approximately 90% of associated hardware costs. IREN trades at 5.64x forward EV/sales and 8.43x forward EBITDA despite expected revenue growth of 142.84%.
IREN Stock Rises on Reported Anthropic AI Deal
IREN Ltd (NASDAQ:IREN) stock is up 0.4% at $35.34 this morning, following reports that the data center operator signed a multi-year agreement to provide AI cloud computing services to Anthropic.
IREN Climbs 4% on Report of Unconfirmed Anthropic Cloud Deal; TeraWulf and Applied Digital Hold Flat
Shares of IREN Limited (NASDAQ:IREN) are up 4% to $36.70 in morning trading after a report linked the artificial intelligence (AI) cloud provider to Anthropic.
Why is IREN stock up 5% in premarket trading on Monday?
IREN Ltd. shares jumped 5% during premarket trading on Monday after a report identified Anthropic as the mystery artificial intelligence cloud customer the company had alluded to during its earnings call in August. The Information published an analysis of the economics of Anthropic's data centre leases, detailing how the AI company is pressing its cloud partners to accelerate the construction of new facilities to meet growing computing demand.
IREN Stock Drops 7.3% in Three Months: Is it Worth Investing Now?
IREN shares fall 7.3% in three months, but rising AI cloud revenues, major Microsoft deployments and an attractive valuation offer growth potential amid funding risks.
IREN Drops 4% as SemiAnalysis Flags Its Canadian Data Centers; Core Scientific Pulls Back 2%
A batch of outage claims is hitting the companies that rent data center capacity to artificial intelligence customers, and the names with the most to prove are taking the worst of it. IREN Limited (NASDAQ:IREN) stock is at $36.
