Anthropic pulled the plug on its Mythos / Fable 5 model after the U.S. government raised concerns, and IREN has completed its acquisition of Nostrum for 490 MW of capacity…
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IREN closed its purchase of Spain-based Nostrum Group, gaining 490MW of secured power capacity and a development pipeline that marks the company's first European AI infrastructure footprint.
IREN Ltd (NASDAQ:IREN) is one of the 10 Stocks That Can Still Skyrocket On The Neo Cloud Boom. On June 3, IREN Ltd (NASDAQ:IREN) reported that it had signed a transmission connection agreement for an 800 megawatt data center in South Australia. This is the company’s first data center in Australia and shows how the […]
In early June 2026, IREN Limited closed a US$3.65 billion investment-grade GPU financing facility linked to its Microsoft AI cloud contract and advanced plans for an 800MW, transmission-ready data center campus in Bundey, South Australia, while also engaging BE Networks and NVIDIA DSX Air to test its upcoming Blackwell Ultra GPU deployment via a digital twin. Taken together, these moves highlight how IREN is trying to reposition itself from a Bitcoin miner into a large-scale AI...
IREN Limited (NASDAQ:IREN) is one of the best young stocks with the highest upside potential. On June 1, IREN announced that it has closed a $3.65 billion investment-grade GPU financing facility to support the delivery of its AI cloud contract with Microsoft. The financing is designed to fund large-scale GPU capital expenditures tied to the […]
Applied Digital is successfully transitioning into a premier digital infrastructure landlord by securing massive hyperscaler commitments for its data centers.
IREN Limited (NASDAQ:IREN) is one of the best IPO stocks to buy and hold for 2 years. On May 26, IREN Limited announced a purchase agreement with Dell to acquire air-cooled Blackwell systems to support its previously disclosed five-year, $3.4 billion managed services AI cloud contract. The deployment, which represents a $1.6 billion investment including […]
IREN (NasdaqGS:IREN) has expanded its global data center development pipeline to 5.8 GW, signaling a much larger buildout of high-performance computing sites. The company has entered a multi year, $3.4b partnership with Nvidia to supply AI infrastructure, adding a major new customer relationship alongside its existing work with Microsoft. These moves indicate a deeper push into AI cloud infrastructure and a broader geographic footprint for IREN’s computing assets. IREN’s share price sits at...
Iren Ltd (NASDAQ:IREN) is one of the best data center stocks to invest in according to billionaires. Iren Ltd (NASDAQ:IREN) shares have gained around 45% year-to-date and surged 590% over the past 12 months. Iren Ltd (NASDAQ:IREN) continues to expand its data center capacity as it looks to capitalize on the booming AI-driven demand. On […]
Iren has doubled its gigawatt portfolio since the start of the year.
Iren Ltd (NASDAQ:IREN) is one of the most profitable cryptocurrency stocks to buy now. The stock is up roughly 45% year-to-date, and it has exploded more than 590% over the past year. Analysts continue to see upside potential in IREN shares. On June 4, B.Riley raised its price target on Iren Ltd (NASDAQ:IREN) shares to […]
Almost six months ago, our December 2025 piece Analysts See Triple-Digit Revenue Growth in 2026 for These 3 AI Infrastructure Stocks argued that three names sat in the sweet spot of the AI buildout: Nebius (NASDAQ: NBIS) with an annual recurring revenue (ARR) ramp implying up to roughly 1,600% growth, IREN (NASDAQ: IREN) targeting over ... AI Infrastructure Scorecard: Which of These 3 Stocks Is Delivering on Triple-Digit Growth Promises
IREN Limited is expanding into Australia with an 800MW data center campus designed to support growing AI infrastructure demand across Asia-Pacific.
IREN (NasdaqGS:IREN) has drawn investor attention after recent share moves, including a rise of 8.9% in the latest session and a gain of more than 50% over the past 3 months. See our latest analysis for IREN. That jump in the latest session comes after a mixed few weeks, with the share price return down 9.4% over 7 days and 3.3% over 30 days, yet still up 55.3% over 3 months and 38.6% year to date. This sits alongside a very large 1 year total shareholder return that suggests strong momentum...
Dell Technologies recently reported first-quarter fiscal 2027 results showing revenue of US$43.84 billion and net income of US$3.44 billion, while also collaborating with AMD and the University of Cambridge on the Zenith and Sunrise AI supercomputers for UK scientific research and fusion energy work. Together with a new US$1.60 billion Blackwell systems purchase agreement from IREN Limited and a sharply higher full-year outlook for AI-optimized server revenue, these developments highlight...
Spot or index ETFs are good ways for ordinary investors to add cryptocurrencies to their portfolios, and there are higher-end options for the wealthy.
IREN Limited is pivoting from Bitcoin mining to AI infrastructure, securing an 800MW data center campus in Australia and a $3.65 billion Microsoft-backed financing facility.
Iren announced first-quarter earnings, along with a new partnership with Nvidia.
B. Riley Securities lifted its IREN price target to $96 from $88 after the company secured a transmission connection agreement for a planned 800 MW data center campus in South…
IREN Limited surges 60% in three months, but falling Bitcoin mining revenues, rising impairment charges and fierce AI data center competition cloud the outlook.
NasdaqGS:IREN has announced plans for an 800MW data center campus in Australia, one of the largest projects disclosed in the Asia Pacific region. The campus is supported by a newly signed transmission connection agreement that provides a scalable high voltage grid link, renewable energy access, and international fiber connectivity. This is IREN's first publicly announced project in Australia and marks a move beyond its existing North American footprint. For investors watching NasdaqGS:IREN,...
Iran's paramilitary Revolutionary Guard said it had targeted the headquarters of the U.S. Navy's 5th Fleet in Bahrain, derailing U.S.-Iran ceasefire talks.
Charlie and Will break down the crash of Michael Saylor’s STRC, IREN's massive 800MW deal in Australia, a critical Zcash soundness bug, Google’s massive $80B equity raise for AI, and…
HIVE's revenue surged 158%, but investors are focused on whether its AI infrastructure pivot can offset growing pressure on Bitcoin mining

Yahoo Finance's Julie Hyman takes a closer look at two of Wednesday's trending stories. GameStop (GME) reported first quarter earnings, posting its highest profit ever and growing revenue. IREN (IREN) stock is in focus after the company signed a deal to support an artificial intelligence (AI) data center campus in Australia.
The S&P 500 Index ($SPX ) (SPY ) today is down -0.40%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.74%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.08%. June E-mini S&P futures (ESM26 ) are down -0.48%, and June E-mini Nasdaq futures...