A renewed debate over whether specialized AI cloud providers can pay for their buildouts is creating volatility in IREN ...
Shares of IREN Limited (IREN) edged lower in pre-market trading on Tuesday after co-CEO Daniel Roberts said that the ...
IREN shares surged over 4% in premarket trading Wednesday after the AI cloud provider said it plans to offer managed AI cloud ...
A planned artificial intelligence (AI) campus in Spain from IREN Limited (NASDAQ:IREN) is lifting former Bitcoin miners that ...
IREN secured licenses for a 300MW AI data center in Spain, aiming for 2028 launch to support Europe’s sovereign AI goals.
IREN released a website this week with explanations on water, land, power and noise expectations. IREN is a company that builds data centers and currently has facilities in the United States, Canada, ...
Cipher Mining Inc. (CIFR) and DraftKings Inc. (DKNG) stocks hit fresh 52-week lows on Friday as investors reacted to mounting ...
CoreWeave (NASDAQ:CRWV) and IREN (NASDAQ:IREN) are trading lower early Friday, extending losses that have already wiped ...
Iren has an advantage over others wanting to lease out data center capacity.
IREN stock jumped 4.80% to $27.90 as the company secured a civil works license for a 300MW AI data center in Spain, targeting initial operations in 2028.
In other words, Iren is borrowing money at a prodigious pace. That's natural: It operates in a capital-intensive business, and it may be years before it can produce consistent profits. The company has ...
Investors are selling shares of AI companies they feel are most vulnerable to a slowdown in spending.