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IREN’s CEO Just Said 11 Words that Delivered the AI Boom a Brutal Reality Check
24/7 Wall St.79d agoneutral
IREN’s CEO Just Said 11 Words that Delivered the AI Boom a Brutal Reality Check

The artificial intelligence boom has kicked off one of the largest infrastructure races since the early internet era. Nvidia (NASDAQ:NVDA) GPUs are selling faster than they can be packaged. High-bandwidth memory has become scarce enough that companies like Micron Technology (NASDAQ:MU) and SK hynix are effectively sold out months in advance. Utilities from Virginia to ... IREN’s CEO Just Said 11 Words that Delivered the AI Boom a Brutal Reality Check

IREN Joins Russell 3000 As AI And Crypto Pivot Gains Attention
Simply Wall St.81d agobearish
IREN Joins Russell 3000 As AI And Crypto Pivot Gains Attention

IREN Limited has been added to the Russell 3000 Index, bringing it into a widely followed U.S. equity benchmark. The inclusion recognizes IREN's pivot toward AI and cloud infrastructure alongside its existing crypto operations. The change is linked to index rebalancing that affects which companies are tracked by index funds and ETFs. NasdaqGS:IREN has drawn more attention recently, with the share price at $56.83 and very large 1 year gains, up roughly 7x. The stock is also up 7.3% over the...

IREN (IREN) Expands Brand Push with Awaken Acquisition
Insider Monkey82d agoneutral
IREN (IREN) Expands Brand Push with Awaken Acquisition

IREN Limited (NASDAQ:IREN) is one of the 10 Best Stocks in Leopold Aschenbrenner’s Portfolio. On May 18, 2026, IREN Limited (NASDAQ:IREN) announced the acquisition of Awaken, a creative and media agency specializing in brand development for high-growth companies. Upon completion of the transaction, Awaken will cease all independent operations, and its team will integrate directly […]

IREN’s $3.4 Billion NVIDIA Deal Points To Something Big Around The Corner
24/7 Wall St.82d agoneutral
IREN’s $3.4 Billion NVIDIA Deal Points To Something Big Around The Corner

Our IREN (NASDAQ:IREN) call is constructive. Shares closed at $47.74 on May 19, 2026, well off the post-earnings high near $60.80 but still up 459% over the past year. Our 24/7 Wall St. price target for IREN is $64.62, implying 35.36% upside over the next 12 months. Our model carries a constructive rating on IREN ... IREN’s $3.4 Billion NVIDIA Deal Points To Something Big Around The Corner

Assessing IREN (IREN) Valuation After AI Cloud Pivot And Five Year NVIDIA Contract
Simply Wall St.83d agoneutral
Assessing IREN (IREN) Valuation After AI Cloud Pivot And Five Year NVIDIA Contract

IREN (NasdaqGS:IREN) is back in focus after a sharp pivot toward AI cloud and data center infrastructure, anchored by a five year AI cloud services contract with NVIDIA and related equity rights. See our latest analysis for IREN. Recent trading reflects that story clearly, with the share price up 10.15% in the past day, a 30 day share price return of 28.54% and a 90 day share price return of 45.22%, while the 1 year total shareholder return is extremely high and signals strong momentum...

CleanSpark (CLSK) Climbs 9.3% as Analyst ‘Highly Optimistic’
Insider Monkey85d agobullish
CleanSpark (CLSK) Climbs 9.3% as Analyst ‘Highly Optimistic’

CleanSpark Inc. (NASDAQ:CLSK) is one of the 10 Stocks With Powerful Gains. Shares of CleanSpark rallied for a second day on Tuesday, jumping 9.30 percent to close at $14.69 apiece, as investors took heart from an investment firm’s bullish call for its stock. In a market note, CleanSpark Inc. (NASDAQ:CLSK) received a $24 price target […]

IREN Buys Awaken As AI Cloud Pivot Puts Brand In Focus
Simply Wall St.85d agobullish
IREN Buys Awaken As AI Cloud Pivot Puts Brand In Focus

IREN (NasdaqGS:IREN) has agreed to acquire Awaken, a creative and media agency, to build out its global brand and marketing capability. The CEO of Awaken, Chris Parker, will take on a leadership role in IREN’s brand and marketing following the transaction. The move comes as IREN accelerates its pivot from bitcoin mining toward AI cloud infrastructure and enterprise AI services. IREN is in the middle of a sizeable repositioning, with the stock trading at $50.46 and showing a very large 1...

NVIDIA-linked stock sinks after $3 billion capital raise
TheStreet89d agoneutral
NVIDIA-linked stock sinks after $3 billion capital raise

IREN Limited (Nasdaq: IREN), the Bitcoin (BTC) mining and artificial intelligence (AI) infrastructure company, earlier this month signed a deal with NVIDIA (Nasdaq: NVDA). The company signed a 5-year AI cloud contract with NVIDIA for $3.4 billion. In addition, it also entered into ...