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Nebius, Coreweave, and IREN Tumble on Meta’s Cloud Ambitions. Is This the End of the Neocloud Boom?
24/7 Wall St.45d agobearish
Nebius, Coreweave, and IREN Tumble on Meta’s Cloud Ambitions. Is This the End of the Neocloud Boom?

The artificial intelligence buildout has created one of the largest infrastructure races in technology history. Companies across the industry are spending hundreds of billions of dollars on data centers, GPUs, networking equipment, and energy capacity to support AI models. Annual AI infrastructure spending by the major hyperscalers is approaching $750 billion, as they, startups, and ... Nebius, Coreweave, and IREN Tumble on Meta’s Cloud Ambitions. Is This the End of the Neocloud Boom?

Another crypto firm joins Russell 1000
TheStreet47d agobearish
Another crypto firm joins Russell 1000

IREN Limited (NASDAQ: IREN), the Bitcoin (BTC) miner that is increasingly pivoting itself into an AI cloud provider, has been added to the Russell 1000 Index. The Russell 1000 is a stock market index tracking roughly the 1,000 largest U.S. companies by market capitalization. It represents about 93% ...

IREN Shares Gain After Joining the Russell 1000 Index (IREN)
InvestorsHub47d agobearish
IREN Shares Gain After Joining the Russell 1000 Index (IREN)

IREN Limited (NASDAQ:IREN) shares rose 3. 6% in premarket trading on Monday after the company was added to the Russell 1000 Index as part of FTSE Russell’s annual index reconstitution, which became effective after the market closed on 26 June.

Jefferies Assigns Buy Rating to IREN Ltd. (IREN)
Insider Monkey48d agobullish
Jefferies Assigns Buy Rating to IREN Ltd. (IREN)

IREN Ltd. (NASDAQ:IREN) is one of the 10 worst artificial intelligence stocks under $30 according to short sellers. On June 18, Jonathan Petersen from Jefferies initiated his coverage of IREN Ltd. (NASDAQ:IREN). Peterson set the target price at $79 and assigned a Buy rating to the stock. He reported that Iren has successfully executed an […]

IREN (NasdaqGS:IREN) Lands Microsoft And Nvidia Deals As AI Data Center Expansion Grows
Simply Wall St.48d agoneutral
IREN (NasdaqGS:IREN) Lands Microsoft And Nvidia Deals As AI Data Center Expansion Grows

IREN (NasdaqGS:IREN) has shifted its focus toward building large scale data centers for artificial intelligence workloads. The company recently signed new long term infrastructure contracts with Microsoft and Nvidia tied to AI capacity. IREN is expanding its international data center footprint, including additional power and hosting capacity for AI clients. IREN is moving beyond its roots in crypto related infrastructure and is now presenting itself as a builder and operator of AI focused...

Leopold Aschenbrenner’s Situational Awareness Likes This Crypto Stock Despite Bitcoin Declines
Insider Monkey51d agoneutral
Leopold Aschenbrenner’s Situational Awareness Likes This Crypto Stock Despite Bitcoin Declines

We just covered Leopold Aschenbrenner’s Situational Awareness Reveals Its 10 Under-The-Radar AI Stock Picks. CleanSpark (NASDAQ:CLSK) ranks #5 (see Situational Awareness Top 5 Under-The-Radar AI Stock Picks). Situational Awareness Stake Value: $104,469,943 CleanSpark (NASDAQ:CLSK) is a Bitcoin miner that is attempting a partial pivot toward AI infrastructure and data center development. Unlike peers such as Core […]

Leopold Aschenbrenne Latest AI Portfolio: IREN (IREN)
Insider Monkey52d agoneutral
Leopold Aschenbrenne Latest AI Portfolio: IREN (IREN)

We just covered Leopold Aschenbrenner’s Situational Awareness Reveals Its 10 Under-The-Radar AI Stock Picks. IREN (NASDAQ:IREN) ranks #1 (see Situational Awareness Top 5 Under-The-Radar AI Stock Picks). Situational Awareness Stake Value: $401,036,064 IREN (NASDAQ:IREN) is one of the top holdings in Leopold Aschenbrenner’s Situational Awareness portfolio as of Q1 2026. The company is in the middle […]

Bitdeer Technologies (BTDR): Top Crypto and AI Play in Situational Awareness Portfolio
Insider Monkey52d agoneutral
Bitdeer Technologies (BTDR): Top Crypto and AI Play in Situational Awareness Portfolio

We just covered Leopold Aschenbrenner’s Situational Awareness Reveals Its 10 Under-The-Radar AI Stock Picks. Bitdeer Technologies Group (NASDAQ:BTDR) ranks #7 (see Situational Awareness Top 5 Under-The-Radar AI Stock Picks). Situational Awareness Stake Value: $29,751,243 Bitdeer Technologies Group (NASDAQ:BTDR) is a Bitcoin miner founded in 2021 that is now pivoting toward AI cloud services. What makes it […]

Is IREN (IREN) The Best AI Stock With 10X Potential?
Insider Monkey53d agoneutral
Is IREN (IREN) The Best AI Stock With 10X Potential?

We just covered the 10 Stocks That Will 10X According to Social Media. IREN Ltd (NASDAQ:IREN) ranks #2 (see 5 Stocks That Will 10X According to Social Media). Number of Hedge Fund Investors: 53 IREN Ltd (NASDAQ:IREN) is a data center company that builds and operates facilities filled with high-powered Nvidia GPUs, which it then […]

IREN Stock Set for 92% Surge
24/7 Wall St.54d agobullish
IREN Stock Set for 92% Surge

IREN (NASDAQ:IREN) has transformed from a Bitcoin miner into one of the most aggressively contracted AI cloud platforms on the public market, and the stock has rerated to match. Shares closed at $59.96 on June 18, 2026, up 511.84% over the past year. Our 24/7 Wall St. price target for IREN is $114.86, implying 91.55% ... IREN Stock Set for 92% Surge

IREN (IREN) Enters Europe With Nostrum Deal And 500MW In Spain
Simply Wall St.58d agoneutral
IREN (IREN) Enters Europe With Nostrum Deal And 500MW In Spain

IREN (NasdaqGS:IREN) has completed its acquisition of Nostrum Group/Ingenostrum S.L. in Spain. The deal adds nearly 500MW of grid-connected power capacity and a local operating team in Spain. The transaction marks IREN's first entry into Europe and expands its AI data center footprint beyond Australia and the U.S. IREN is best known for its roots in Bitcoin mining and large-scale data center operations, and this Nostrum Group acquisition shows how the business mix is shifting. By adding...