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Dell Technologies Q1 Earnings Call Highlights
MarketBeat76d agoneutral
Dell Technologies Q1 Earnings Call Highlights

Dell Technologies (NYSE:DELL) reported what executives described as a record fiscal 2027 first quarter, driven by surging demand for AI servers, traditional servers, storage and commercial PCs, while warning that component supply remains the main constraint on further growth. Jeff Clarke said reven

The Bitcoin-Miners-Turned-AI-Neocloud Plays Might Still Be an Underappreciated Trade in AI
24/7 Wall St.77d agoneutral
The Bitcoin-Miners-Turned-AI-Neocloud Plays Might Still Be an Underappreciated Trade in AI

The AI trade is heating up just in time for summer, and as we enter the month of June, the SpaceX IPO could crank up the heat several notches as a flood of investors finally get a chance to own a piece of Elon Musk’s space and AI empire. Who knows? It’s speculated that Tesla ... The Bitcoin-Miners-Turned-AI-Neocloud Plays Might Still Be an Underappreciated Trade in AI

IREN (IREN) Is Up 28.7% After US$1.6 Billion Nvidia Blackwell AI Infrastructure Deal - What's Changed
Simply Wall St.77d agoneutral
IREN (IREN) Is Up 28.7% After US$1.6 Billion Nvidia Blackwell AI Infrastructure Deal - What's Changed

Earlier this week, IREN Limited agreed to a roughly US$1.60 billion purchase of Dell systems using Nvidia’s Blackwell GPUs for its Childress, Texas data centers, aiming to support a previously announced five‑year US$3.40 billion managed AI cloud services contract and lift projected annualized run‑rate revenue from US$3.70 billion to US$4.40 billion by early 2027. The deal underlines how IREN’s access to next‑generation Nvidia hardware via Dell is becoming central to its effort to reposition...

IREN Ltd (IREN) Soars 13.5% as Firm Ups ARR Outlook to $4.4B
Insider Monkey77d agobullish
IREN Ltd (IREN) Soars 13.5% as Firm Ups ARR Outlook to $4.4B

IREN Ltd. (NASDAQ:IREN) is one of the 9 Stocks With Unbelievable Gains. IREN Ltd. saw its share prices grow by 13.48 percent on Wednesday to close at $67.84 apiece, as investor sentiment was boosted by the successful acquisition of Nvidia Blackwell systems—a move expected to bolster its annualized run-rate revenues (ARR) to $4.4 billion. In […]

Bitcoin Is Down 7 Percent This Year But Bitcoin Mining ETFs Are Up Over 50 Percent. This Is The Real Crypto Story of 2026
24/7 Wall St.77d agoneutral
Bitcoin Is Down 7 Percent This Year But Bitcoin Mining ETFs Are Up Over 50 Percent. This Is The Real Crypto Story of 2026

Spot Bitcoin has spent 2026 grinding lower while the companies that mine it have ripped higher. iShares Bitcoin Trust ETF (NASDAQ:IBIT), the largest spot Bitcoin ETF on the market, is down roughly 13% year to date, tracking Bitcoin itself almost tick for tick as the coin has slid from around $87,000 at year end to ... Bitcoin Is Down 7 Percent This Year But Bitcoin Mining ETFs Are Up Over 50 Percent. This Is The Real Crypto Story of 2026

IREN Secures Blackwell Firepower To Feed Booming AI Cloud Demand
Benzinga78d agoneutral
IREN Secures Blackwell Firepower To Feed Booming AI Cloud Demand

IREN Limited (NASDAQ:IREN) said Tuesday it signed a purchase agreement with Dell Technologies Inc. (NYSE:DELL) for NVIDIA Corp. (NASDAQ:NVDA) air-cooled Blackwell systems to support its previously announced five-year, $3.4 billion managed-services AI cloud contract. IREN Expands AI Infrastructure With Dell Blackwell Deal The deployment will take place at IREN's existing data centers in Childress, Texas, with commissioning expected in early 2027. The company said the expansion is designed to acce

IREN’s US$1.6b Blackwell Bet Tests Power Advantage In AI Buildout
Simply Wall St.78d agoneutral
IREN’s US$1.6b Blackwell Bet Tests Power Advantage In AI Buildout

IREN (NasdaqGS:IREN) agreed to purchase $1.6 billion of Nvidia Blackwell systems from Dell to power its AI data centers in Texas. The company plans to use this hardware to serve previously announced AI cloud contracts at its existing Texas campus. Management has highlighted power grid constraints as a key risk for new AI data centers, with many projects facing multi year delays. IREN points to its pre secured power infrastructure as a key factor in being able to deploy new AI compute...

IREN to buy Blackwell systems from Dell for about $1.6 billion
Reuters78d agobullish
IREN to buy Blackwell systems from Dell for about $1.6 billion

Data center operator IREN said on Tuesday it has agreed to buy Nvidia's air-cooled ‌Blackwell systems from Dell for about $1.6 billion, as it ‌aims to bring more capacity online to keep up with soaring ​AI demand. The deal is to service its previously announced five-year $3.4 billion cloud AI service contract with Dell, an AI server maker, IREN said in a statement. The Blackwell systems ‌will be set ⁠up across existing data centers at IREN's Childress, Texas, campus, and are expected to be ⁠ready by early 2027.

Alpha Compute: $21 Million NTM Sales Outlook Shows Scale-Up Potential – Quarterly Update Report
Exec Edge78d agoneutral
Alpha Compute: $21 Million NTM Sales Outlook Shows Scale-Up Potential – Quarterly Update Report

Download the Complete Report Here Alpha Compute Corp. (ALP) Revenue-Generating AI Compute Pivot Now Visible; $21 Million NTM Sales Outlook Highlights Scale-Up Potential Key Takeaways: $32.2 million AI lab contract validates ALP’s pivot to AI GPUaaS and confidential compute, creating $16.1 million of annual contracted revenue. $21 million NTM revenue outlook anchors the scale-up trajectory, […]

Paul Tudor Jones Just Bought 57% More IREN Shares, Betting Big On The 'AI Infrastructure Buildout' As It 'Feels Like '99'
Benzinga79d agoneutral
Paul Tudor Jones Just Bought 57% More IREN Shares, Betting Big On The 'AI Infrastructure Buildout' As It 'Feels Like '99'

Legendary hedge fund manager Paul Tudor Jones has massively increased his stake in data center and infrastructure company IREN Ltd. (NASDAQ:IREN), expanding his position by 57% to capitalize on the explosive artificial intelligence (AI) boom. A Strategic Pivot To Equity According to Tudor Investment Corp's latest first quarter 2026 13F filing, Jones purchased an additional 11.58 million common shares of IREN, bringing his total holdings to a staggering 31.8 million shares. The equity position is