The AI boom isn't over yet.
Banks are tightening the purse strings on AI data center debt, and not every former crypto miner is feeling the squeeze ...
Both are making a play in the potentially lucrative artificial intelligence sector even as market jitters rattled the stocks.
IREN Limited shares ($IREN) continue to attract Buy ratings from Wall Street analysts even after the data center operator ...
Following a dramatic plunge in its stock price, IREN said some revenue is being delayed from 2026 until early next year.
AI now constitutes ~88% of IREN's revenues, with Q1 AI cloud gross margin at 86% and adjusted EBITDA surging to $66 million.
IREN has Microsoft and NVIDIA as customers, billions in financing, and a stock that has lost nearly half its value in a month ...
A customer just agreed to fund nearly all of IREN's chips upfront, yet cash is draining and debt is climbing fast. Why would ...
Speculative AI data center stock IREN offers leveraged upside on buildout growth. Read here for a detailed investment ...
Key TakeawaysIREN stock is down 72% from its peak a year ago, and Cantor Fitzgerald cut its price target to $47 from $99 on Nov. 6 while keeping an Overweight rating.
Older H100 GPU contracts were recently renewed at double their original price, a sign that demand for existing hardware is ...
Nvidia-backed IREN said Microsoft-requested networking changes delayed its $9.7 billion AI project in Texas, pushing back a ...