Ten stocks boasted strong gains on Wednesday amid a lackluster wider market, thanks to a flurry of corporate developments including partnerships, product launches, and analyst upgrades, among others.Meanwhile, Wall Street’s three major indices finished mixed, with the Nasdaq the only gainer, albeit by a mere 0.08 percent gain. The Dow Jones and the S&P 500 both fell by 0.61 percent and 0.08 percent, respectively.In this article we focus on the 10 top-performing stocks on Wednesday and detail the reasons beh ...

Key Takeaways Some critical AI components are already sold out through 2026.With the aging grid unable to meet energy demand, on-site providers will benefit.Vertically integrated site providers are capturing a growing piece of the AI market.Buy the AI Picks and ShovelsLong-time readers of mine know that my favorite fundamental stories are “pick and shovel” investments. For instance, during the gold rush, the businesses that sold the picks, shovels, and denim jeans required for gold mining often did better t ...

Shares of IREN, Limited (NASDAQ: IREN) plunged 23.8% in February, according to data from S&P Global Market Intelligence. IREN has made a name for itself as one of the leading public "neoclouds," which are essentially Bitcoin (CRYPTO: BTC) miners that have pivoted to becoming AI data centers. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continu ...

IREN Limited ( IREN ) surged around 13% on Wednesday, after a series of brutal selling sessions that took the stock down over 45% from its November highs near $80 to the high $30s and now consolidating at the low $40s.I’m a retired Wall Street PM specializing in TMT; since kickstarting my career, I’ve spent over two decades in the market navigating the technology landscape, focusing on risk mitigation through the dot com bubble, credit default of ‘08, and, more recently, with the AI boom. In one word, what ...

Key Takeaways IREN shares gained 21.6% in six months, beating the finance sector and industry.IREN's AI cloud revenues jumped 136.9% sequentially, targeting $3.7B ARR by 2026.IREN trades at 5.5X forward sales, above industry levels amid rising competition.IREN Limited (IREN) shares have surged 21.6% over the past six months, outperforming the broader Zacks Finance sector and the Financial - Miscellaneous Services industry’s decline of 0.1% and 28%, respectively. IREN’s focus on no longer being a pure-play c ...

Core Insights - The article emphasizes the importance of identifying undervalued stocks that are mispriced by the market as a strategy for investment in March [1]. Group 1: Company Overview - Stone Fox Capital is an RIA based in Oklahoma, led by Mark Holder, a CPA with extensive experience in investing and portfolio management [2]. - Mark Holder has 30 years of investing experience, including 15 years as a portfolio manager, and leads the investing group Out Fox The Street [2]. Group 2: Investment Strategy - The investing group Out Fox The Street provides stock picks and in-depth research aimed at uncovering potential multibaggers while managing portfolio risk through diversification [2]. - Features of the group include model portfolios, stock picks with identifiable catalysts, daily updates, real-time alerts, and community chat access for direct interaction with Mark [2].

Core Insights - IREN expanded its equity offering to $6 billion, causing an 8.5% drop in share price due to dilution concerns, reminiscent of AMC Entertainment's past experiences with share issuances [1] - The company aims to finance its AI data-center expansion, targeting $3.7 billion in revenue by acquiring over 50,000 Nvidia GPUs [1] - IREN's new offering structure allows gradual share sales, providing flexibility and ongoing access to capital without immediate large block sales [1] Company Strategy - IREN's $6 billion equity offering replaces a previous $1 billion program, which was fully utilized by selling 66.7 million shares [1] - The funds will be used for general corporate purposes, including data-center expansions and hardware purchases, indicating a focus on aggressive growth rather than financial survival [1] - Management projects that the expanded GPU fleet will support an annualized run-rate revenue of over $3.7 billion by late 2026 [1] Market Context - The announcement of the equity offering has drawn parallels to AMC's past actions during the meme-stock era, where repeated share issuances led to significant dilution and a decline in share value [1] - IREN has secured $9.3 billion in funding over the past eight months, indicating strong financial backing for its growth initiatives [1] - While IREN's situation is not identical to AMC's, the massive offering raises concerns about the company's limited options for raising capital [2]

Quick Read IREN (IREN) expanded its equity offering to $6B and shares fell 8.5%. The company purchased 50,000+ Nvidia B300 GPUs toward a 150,000-unit fleet targeting $3.7B in revenue. AMC Entertainment fell from $300+/share to $1+/share after similar dilution. IREN is financing its AI data-center expansion through a massive equity offering that raises dilution concerns similar to AMC’s repeated share issuances during the meme-stock era. The analyst who called NVIDIA in 2010 just named his top 10 AI st ...

Bitcoin miners just got a billion-dollar vote of confidence from an unlikely source: a former OpenAI researcher. Leopold Aschenbrenner, a 24-year-old researcher who was fired by OpenAI in 2024 over an alleged information leak, placed a number of bets on the Bitcoin mining sector through his billion-dollar hedge fund, Situational Awareness LP. Situational Awareness LP is now worth $5.5 billion, with approximately $1 billion invested in Bitcoin miners, according to the fund’s latest SEC filing. Aschenbre ...

Core Insights - IREN Limited plans to expand its AI cloud infrastructure by purchasing over 50,000 NVIDIA B300 GPUs, increasing its total GPU fleet to 150,000, which is expected to support over $3.7 billion in annualized run-rate revenues by the end of fiscal 2026 [1][10] Expansion Plans - The additional GPUs will be deployed in phases during the second half of fiscal 2026 and will be installed in existing air-cooled data centers in Mackenzie, British Columbia, and Childress, Texas, allowing for expansion without the need for new data centers [2] - IREN reported approximately $2.3 billion of ARR under contract in the second quarter of fiscal 2026, including a significant agreement with Microsoft and $0.4-$0.5 billion from the Prince George site, indicating a strong starting point for growth [2] Capital Raising Efforts - IREN has raised about $9.3 billion over the past eight months through various means, including customer prepayments and GPU financing, with $3.6 billion secured from Goldman Sachs and JPMorgan in the second quarter [3][10] - The company plans to raise an additional $3.5 billion for new GPU orders in the second half of 2026 to support its AI cloud infrastructure expansion [3] Revenue Projections - The Zacks Consensus Estimate for IREN's fiscal 2026 revenues is $984.53 billion, reflecting a year-over-year increase of 93.3%, while the estimate for fiscal 2027 revenues is $2.70 billion, indicating a year-over-year increase of 173.9% [4] Competitive Landscape - IREN faces significant competition from Applied Digital and TeraWulf in the AI infrastructure sector [5] - Applied Digital is constructing a large AI data center campus, Delta Forge 1, designed to support up to 430 megawatts of power [6] - TeraWulf is expanding its portfolio by acquiring two sites that add about 1.5 GW of power capacity, increasing its total platform size to approximately 2.8 GW [7] Stock Performance and Valuation - IREN's shares have increased by 64% over the past six months, outperforming the Zacks Financial Miscellaneous Services industry's decline of 26.8% [8] - The company is currently considered overvalued, with a Value Score of F, trading at a forward price/sales ratio of 6.80X compared to the industry's 2.70X [12] - The Zacks Consensus Estimate for IREN's fiscal 2026 earnings is 38 cents per share, reflecting a significant year-over-year increase despite a 43.3% decrease over the past 30 days [15]