IREN Ltd. (IREN) Soars 14.6% on Further AI Bets [Yahoo! Finance]
Iris Energy Limited (IREN)
Company Research
Source: Yahoo! Finance
IREN Ltd. saw its share prices jump by 14.57 percent to close at $59.99 apiece as investors loaded portfolios amid positive developments in the artificial intelligence industry and ahead of the results of its earnings performance next week. According to the company, it is scheduled to release its financial and operating highlights after market close next Thursday, February 5. A conference call will be held to elaborate on the results. For the fiscal period, IREN Ltd. (NASDAQ:IREN) is targeting to register $3.4 billion in annualized revenue and expand to 140,000 GPUs to support the expansion of artificial intelligence. Meanwhile, IREN Ltd. (NASDAQ:IREN) rallied alongside its counterparts following news of billion-dollar fundraising programs in the artificial intelligence industry. Among them, Nvidia Corp. said that it invested $2 billion in CoreWeave, a leading data center and HPC operator, in a bid to support the growing demands of AI. Meanwhile, AI startup Anthropic also s
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IREN
News
- IREN (NASDAQ:IREN) was downgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=IREN&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> froMarketBeat
- Why IREN's Post-Market Selloff Misses The Big Picture [Seeking Alpha]Seeking Alpha
- IREN: Don't Buy This Heavy Dip (Earnings Review) [Seeking Alpha]Seeking Alpha
- IREN (NASDAQ:IREN) had its "outperform" rating reaffirmed by analysts at Macquarie.MarketBeat
- IREN (NASDAQ:IREN) had its "buy" rating reaffirmed by analysts at B. Riley.MarketBeat
IREN
Sec Filings
- 2/5/26 - Form 10-Q
- 2/5/26 - Form 8-K
- 2/2/26 - Form SCHEDULE
- IREN's page on the SEC website