Key Takeaways IREN is set to report Q2 results Feb. 5, with revenue expected to surge over 92% year over year.IREN faces earnings pressure from heavy AI cloud capex and the absence of prior quarter unrealized gains.IREN continues expanding GPU capacity and data centers, supporting growth despite rising competition risks.IREN Limited (IREN) is set to report its second-quarter fiscal 2026 results on Feb. 5.The Zacks Consensus Estimate for fiscal second-quarter revenues is currently pegged at $230.12 million, ...

The stocks for both companies skyrocketed in the past year.If you're comparing two compelling AI infrastructure companies, you may already have Iren (IREN 4.92%) and Applied Digital (APLD 5.35%) on your radar. Both stocks experienced meteoric gains recently, but which company is going to be better in the long term for investors? Let's take a closer look at each business.NASDAQ : IRENIrenToday's Change( -4.92 %) $ -3.10Current Price$ 59.84Key Data PointsMarket Cap$20BDay's Range$ 56.72 - $ 62.0952wk Range$ 5 ...

Core Insights - IREN LIMITED (NASDAQ:IREN) is transitioning from a crypto mining company to a leader in AI infrastructure, positioning itself for potential outperformance in the AI sector [1][4][6] - The S&P 500 is reaching record highs, driven by technology and AI stocks, encouraging a shift towards higher-risk investments in AI infrastructure [2] - IREN's Sweetwater 1 facility, with a capacity of approximately 1.4 gigawatts, is crucial for realizing its Annual Recurring Revenue (ARR) and sustaining valuation into fiscal year 2026 [3][4] Company Performance - IREN's stock price is currently around $57.85, reflecting a decrease of about 8.09% from a previous high of $76.87 over the past year [5] - The company has a market capitalization of approximately $16.4 billion, with a trading volume of around 17.8 million shares today [5] - IREN's stock has seen an 8.30% increase recently, indicating growing momentum in the market [4][6] Industry Context - IREN and CoreWeave Inc. are recognized as leading players in the AI infrastructure sector, with significant investments driving their growth [2][6] - CoreWeave has received a $2 billion investment from Nvidia, enhancing its partnership and expansion efforts [2] - The AI infrastructure sector is experiencing a rebound, with companies like IREN positioned to capitalize on the increasing demand for AI workloads [2][4]

We recently published 10 Big Names With Easy 10-30% Gains. IREN Ltd. (NASDAQ:IREN) was one of the best performers on Tuesday. 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 c ...

AI powerhouse Anthropic, the creator of AI chatbot Claude, is about to raise $20 billion in fresh investment from venture capitalists and other investors, the Financial Times reported, in a deal that would value the company at $350 billion. The San Francisco-based firm had targeted a $10 billion investment round, people familiar with the matter told the FT, but it quickly became evident that investors are hungrier for AI than anticipated. Anywhere between $10 to $15 billion of the fresh capital will be ...

While I've been bullish on IREN Limited ( IREN ) from the very start, this is the first time we're seeing a shift in the market’s engagement with the story. As the stock is up 16% sinceHi, I'm Yiannis. Spotting winners before they break out is what I do best.Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting. Education: Chartered Certified Accountant, Fellow Member of ACCA Global, with BSc and MSc degrees from U.K. business schools. Investment Style: Spotting hig ...

Core Viewpoint - Luminar's lidar business has attracted a higher bid of $33 million from MicroVision, surpassing the previous bid of $22 million from Quantum Computing Inc. as the auction concludes in the company's bankruptcy case [1][2]. Group 1: Bidding Process - MicroVision's bid of $33 million exceeds Quantum Computing Inc.'s latest bid of $28 million, which was initially $22 million [2]. - The sale of Luminar's lidar business is pending approval from the judge overseeing the bankruptcy case, with a hearing scheduled for Tuesday afternoon [2]. Group 2: Company Background and Legal Issues - It remains uncertain whether Luminar's founder and former CEO Austin Russell submitted a bid for the lidar assets, although he had previously expressed interest [3]. - Russell and Luminar have been involved in legal disputes regarding a subpoena, with the company considering legal action against him related to his resignation following an ethics inquiry [4]. - Russell has agreed to comply with the subpoena, and a protective order regarding his personal information has been established [5]. Group 3: Bankruptcy Case Progress - The potential sale of the lidar assets could expedite the resolution of Luminar's bankruptcy case, which was filed in December [5]. - Luminar has already reached an agreement to sell its semiconductor division to Quantum Computing Inc. for $110 million [5].

As if continuing declines in the bitcoin price weren’t enough, shares of bitcoin miners who have shifted their business plan to focus on AI infrastructure were mostly sharply lower Monday following Nvidia's $2 billion investment in CoreWeave. While the investment underscores growing demand for high-performance computing as AI applications expand, it also highlights the challenges for independent miners trying to reposition themselves as infrastructure providers in the space. Cipher Mining (CIFR), CleanS ...

Group 1 - IREN Ltd. (NASDAQ:IREN) experienced a significant stock price increase of 8.46%, closing at $56.68, as investors adjusted their portfolios ahead of the upcoming earnings report for Q2 FY 2026 [1][3] - The company is targeting an annualized revenue of $3.4 billion and plans to expand its GPU capacity to 140,000 to support its artificial intelligence initiatives [2][3] - IREN's expansion to 140,000 GPUs represents only 16% of its 3GW grid-connected power portfolio, indicating substantial capacity for scaling its AI Cloud platform [3] Group 2 - IREN has secured several multi-year contracts, including a significant partnership with Microsoft, enhancing its position as a leading AI Cloud Service Provider and expanding its customer base [4] - The company is recognized for its potential as an investment, although there are opinions suggesting that other AI stocks may offer higher returns with lower risk [5]

Core Insights - IREN is positioned to be a significant beneficiary as the demand for AI infrastructure grows, particularly in the context of energy supply constraints [1][13] - Smaller market cap AI stocks, like IREN, have the potential to outperform larger tech giants, referred to as the "Magnificent Seven," by 2030 due to their higher revenue growth potential [1][2] Company Overview - IREN has transitioned from a crypto mining operation to focus on AI infrastructure, with data centers specifically designed to handle AI workloads [5] - The company has a robust pipeline of 3 gigawatts of energy capacity ready for deployment, which is critical as energy becomes a bottleneck for AI innovation [5][8] Competitive Advantage - IREN has secured land and gigawatt capacity that will be operational ahead of competitors, including a 1.4 gigawatt site in Texas set to start in April and a 600 megawatt site expected in 2027 [8][9] - Compared to competitors like Cipher Mining and Nebius, IREN is advancing its data center preparations more rapidly, with a multi-gigawatt development pipeline [9] Market Demand - The demand for AI computing capacity is projected to grow significantly, with OpenAI's computing needs tripling from 200 megawatts in 2023 to 1.9 gigawatts by 2025, correlating with a revenue increase from $2 billion to $20 billion [7][10] - Major tech companies, including Meta Platforms and Microsoft, are investing heavily in AI infrastructure, indicating a strong market trend towards increased gigawatt capacity [10][11][12] Industry Outlook - The global demand for AI computing capacity is expected to rise, with IREN leading the competition in securing necessary energy resources [13] - Tech giants are committing to higher spending on AI this year compared to 2025, positioning IREN as a likely outperformer against established tech leaders [13]