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Why IREN (IREN) Is Up 11.5% After Striking A US$3.4 Billion NVIDIA AI Cloud Deal – And What's Next
Simply Wall St.110d agoneutral
Why IREN (IREN) Is Up 11.5% After Striking A US$3.4 Billion NVIDIA AI Cloud Deal – And What's Next

In early May 2026, IREN Limited announced a five-year, US$3.40 billion AI cloud services contract with NVIDIA, alongside plans to deploy NVIDIA Blackwell-based systems across about 60MW at its Childress, Texas data centers. The deal, paired with NVIDIA’s right to buy up to 30 million IREN shares over five years, effectively anchors IREN’s pivot from Bitcoin mining toward large-scale AI infrastructure provision. We’ll now examine how this multi-billion-dollar NVIDIA AI cloud agreement could...

Arbe Robotics (ARBE) Expands Beyond Automotive Into Defense and Robotics Markets
Insider Monkey110d agoneutral
Arbe Robotics (ARBE) Expands Beyond Automotive Into Defense and Robotics Markets

Arbe Robotics Ltd. (NASDAQ:ARBE) earns a place on our list of the most popular AI penny stocks to buy. Arbe Robotics Ltd. (NASDAQ:ARBE) is pivoting its commercialization focus toward defense, robotics, and off-road markets, beyond traditional automotive programs. In its FY2025 results, Arbe Robotics Ltd. (NASDAQ:ARBE) said it is moving away from relying primarily on […]

Archer Aviation Q1 Earnings Call Highlights
MarketBeat110d agoneutral
Archer Aviation Q1 Earnings Call Highlights

Archer Aviation (NYSE:ACHR) executives said the company is increasing investment across its civil air taxi, defense and aviation software efforts as it advances aircraft certification, prepares for U.S. test operations and develops a new hybrid aircraft with defense technology company Anduril. On t

Nvidia (NVDA) Draws Bullish Goldman Sachs Call Ahead of Earnings
Insider Monkey110d agoneutral
Nvidia (NVDA) Draws Bullish Goldman Sachs Call Ahead of Earnings

Accelerating AI demand and estimate revisions has recently drawn renewed interest from Goldman Sachs on Nvidia. The stock is second on our list of 12 AI Stocks Wall Street Is Watching Now. On May 7, analyst James Schneider reiterated a Buy rating on the stock with a $250.00 price target. With Nvidia posting its earnings on […]

Review & Preview: Nothing New Except the Highs
Barrons.com110d agoneutral
Review & Preview: Nothing New Except the Highs

The Dow Jones Industrial Average added 0.2%, while the S&P 500 also inched 0.2% higher and the Nasdaq Composite edged up 0.1%. Investor attention is focused squarely on events later in the week, including inflation data and a meeting between the U.S. and China. Sure, there’s still a war going on, and the impasse in the Gulf shows no signs of ending as the U.S. and Iran fail to reach a peace agreement.

EMB Investors: Watch These 3 Macro Triggers Before Summer 2026
24/7 Wall St.110d agoneutral
EMB Investors: Watch These 3 Macro Triggers Before Summer 2026

The iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) closed at around $96 today, capping a 12% total return over the past year and a quieter 1% gain year to date. EMB is the largest USD-denominated emerging markets sovereign debt fund in the market, and the past month has been kind: shares are up ... EMB Investors: Watch These 3 Macro Triggers Before Summer 2026

Applied Materials makes unexpected AI move as demand explodes
TheStreet110d agoneutral
Applied Materials makes unexpected AI move as demand explodes

Days before its fiscal second-quarter earnings report on May 14, Applied Materials (AMAT) unveiled a new co-innovation partnership with TSMC, the world's most important chipmaker, to be conducted inside Applied's new $5 billion EPIC Center in Silicon Valley. It is the largest U.S. investment ever ...