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The Latest Breaking News from IREN

A $2.8 Billion Reason to Buy IREN Stock Here

IREN just landed $2.8 billion in AI cloud contracts, boosting its outlook and strengthening its position as one of the fastest-growing AI infrastructure plays.

Barchart

IREN’s $2.8 Billion AI Contract Haul Changes the Stock’s Story

IREN stock jumped nearly 20% after $2.8 billion in new AI cloud contracts pushed 2026 revenue targets above $4 billion, accelerating its shift from Bitcoin mining to AI infrastructure.

MarketBeat

Stock Market Today: Dow, S&P 500, Nasdaq 100 Futures Rise as Tech Stocks Lead the Rally—Nebius, Archer, IREN in Focus (UPDATED)

(Editor’s note: The ETFs data was updated.)

Benzinga

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Iren shares jump 16% as $2.8 billion AI cloud deals lift revenue target

IREN shares surged after the company secured $2.8 billion in AI cloud contracts and raised its 2026 revenue target. Strong demand for GPU infrastructure, backed by major clients like Microsoft and Nvidia, highlights its shift from bitcoin mining to AI, with capacity expansion and prepayment-backed deals supporting growth visibility.

The Economic Times

Intel Stock Has Doubled, So Why Is JPMorgan Calling It a Top Short?

Intel Corp’s (NASDAQ:INTC) turnaround has become one of Wall Street’s favorite semiconductor trades.

Benzinga

Why Penguin Solutions May Be the Smartest AI Infrastructure Stock

Penguin Solutions posted a nearly 48% revenue jump and raised guidance in fiscal Q3, prompting analysts to lift price targets amid strong institutional buying and a rallying stock.

MarketBeat

Chip Rally Ignites Nasdaq 100 Rebound Ahead of SK Hynix's US Listing: Stock Market Today

A powerful rebound in semiconductor stocks lifted Wall Street on Monday, driving the tech-heavy Nasdaq 100 sharply higher, as investors dumped defensive corners of the market in a broad risk-on rotation.

Benzinga

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IREN Paradox: Cutting-Edge 'AI Cloud' Powerhouse or Corporate Payout Machine? Jim Chanos Sounds the Alarm on New Executive 'Stock Grant'

IREN Ltd. (NASDAQ:IREN) is rapidly expanding as a dominant ‘AI Cloud’ powerhouse, but a controversial new executive ‘stock grant’ has renowned short-seller Jim Chanos questioning if the firm is becoming a corporate payout machine.

Benzinga

Why Jefferies Is Betting That IREN Stock Will Gain 30% from Here

Thanks to a string of major AI deals and an expanding cloud platform, IREN has won over Jefferies, which sees more than 30% upside ahead.

Barchart

SharonAI Shares Surged After Securing a Six-Year Agreement With Nvidia. SHAZ Stock Needs a Lot More to Become a Long-Term Buy.

SharonAI Holdings secured a six-year compute agreement with Nvidia to build 72 MW of new data center capacity and scale up to 40,000 Grace Blackwell GB300 GPUs, pushing its total AI factory footprint to 132 MW.

Barchart

MarketBeat Week in Review – 06/08 - 06/12

Stocks rallied on optimism surrounding a potential U.S.-Iran peace deal and SpaceX's historic IPO debut, reinforcing investor confidence and market momentum

MarketBeat

Applied Digital Is Building a $36 Billion AI Real Estate Empire

Applied Digital is successfully transitioning into a premier digital infrastructure landlord by securing massive hyperscaler commitments for its data centers.

MarketBeat

3 Stocks Under $20 to Buy Before a Broader Market Rally

Market rotation into robotics, crypto infrastructure, AI data centers, and precious metals is creating opportunities in speculative stocks under $20, including SERV, BTBT, and CDE.

MarketBeat

IREN's 800MW Bet Flips the AI Power Switch

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.

MarketBeat

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