Core Points - Ten large-cap stocks experienced significant declines last week, with IREN Limited leading the drop at 29.3% due to a decrease in Bitcoin prices and investor concerns over government shutdown resolutions and Federal Reserve policies [1] - CoreWeave, Inc. saw a 29.75% decrease after lowering its FY2025 sales guidance, prompting multiple analysts to revise their price forecasts [1] - Nebius Group N.V. fell 27.37% after issuing FY2025 sales guidance that was below market estimates [2] - Fermi Inc. and Circle Internet Group, Inc. reported declines of 25.51% and 24.03% respectively, with the latter facing analyst downgrades following its third-quarter results [2] - IonQ, Inc. dropped 17.79% amid overall market weakness and a sell-off in tech and AI stocks [3] - Strategy Inc experienced a 19.77% decline, also linked to the drop in Bitcoin prices affecting crypto-related stocks [3] - Bloom Energy Corporation and Symbotic Inc. saw decreases of 21.14% and 21.9% respectively [3] - Oklo Inc. fell 16.55% after reporting its third-quarter financial results [4]

Group 1 - The focus of PropNotes is on identifying high-yield investment opportunities for individual investors [1] - The company leverages a background in professional Prop Trading to simplify complex concepts and provide actionable insights [1] - All analyses produced by the company aim to assist investors in making informed market decisions, supported by unique expert research [1] Group 2 - The article expresses a beneficial long position in the shares of IREN, indicating a positive outlook on the stock [2] - The author emphasizes that the opinions presented are personal and not influenced by compensation from any company mentioned [2] - There is no business relationship disclosed with any company whose stock is referenced in the article [2]

Core Insights - Arlington Capital Management initiated a new position in Iren Limited by acquiring 76,117 shares valued at approximately $3.6 million during the third quarter of 2025, as disclosed in a Form 13-F filed with the SEC on November 14 [1][2][7] Company Overview - Iren Limited is a Sydney-based company specializing in the ownership and operation of data centers and computing infrastructure, primarily for Bitcoin mining, while also providing AI Cloud Services with large-scale GPU clusters for AI training and inference [5] - The company has a market capitalization of $13.14 billion, with a revenue of $685.28 million and a net income of $604.62 million for the trailing twelve months [4] Financial Performance - Iren's fiscal first quarter revenue more than quadrupled from the prior year to $240.3 million, with significant revenue growth from Bitcoin mining, which increased from $49.6 million to $239.4 million [6] - AI cloud service revenue more than doubled from $3.2 million to $7.3 million, with management targeting $3.4 billion in annualized revenue by the end of the year, supported by a $9.7 billion contract with Microsoft [9] - The company reported a profit of $384.6 million under generally accepted accounting principles, which included a $665 million unrealized gain on financial instruments, complicating the understanding of its bottom line [10] Stock Performance - As of November 14, shares of Iren were priced at $46.37, reflecting a 348.9% increase over the past year, significantly outperforming the S&P 500's total return by 334.2 percentage points [8]

IREN Limited (NASDAQ:IREN) is one of the stocks Jim Cramer mentioned in his latest comments. Answering a caller’s query about the stock, Cramer remarked: “Okay, so IREN is a press release stock. It’s great that they want a big deal. I think that’s absolutely… it’s super super super. But that is part of the year of magical investing that’s ending… Take, sell half of it, okay?” A laptop and a computer monitor display a detailed stock market technical analysis chart. Photo by Jakub Zerdzicki on Pexels IR ...

Core Viewpoint - Cryptocurrency-related stocks experienced a significant decline in pre-market trading, reflecting broader market concerns over the recent drop in Bitcoin and Ethereum prices [1] Group 1: Market Performance - IREN Ltd (IREN.US) and Cipher Mining (CIFR.US) both fell over 8% [1] - CleanSpark (CLSK.US) dropped more than 7% [1] - Strategy (MSTR.US) and Robinhood (HOOD.US) saw declines exceeding 5% [1] Group 2: Cryptocurrency Price Movements - Bitcoin's price fell over 4%, dropping below $96,000, with a 24-hour decline of 6.65% [1] - Ethereum experienced a decline of over 3%, falling below $3,200, with a nearly 9% drop in the past 24 hours [1]

Core Viewpoint - Cryptocurrency-related stocks experienced a significant decline in pre-market trading, reflecting a broader downturn in the cryptocurrency market [1] Group 1: Stock Performance - IREN Ltd (IREN.US) and Cipher Mining (CIFR.US) both fell over 8% [1] - CleanSpark (CLSK.US) dropped more than 7% [1] - Strategy (MSTR.US) and Robinhood (HOOD.US) saw declines exceeding 5% [1] Group 2: Cryptocurrency Market - Bitcoin plummeted over 4%, falling below $96,000, with a 24-hour drop of 6.65% [1] - Ethereum experienced a decline of more than 3%, dropping below $3,200, with a nearly 9% crash in the past 24 hours [1]

Group 1: Doximity, Inc. (NYSE:DOCS) - Doximity reported quarterly earnings of 45 cents per share, exceeding the analyst consensus estimate of 38 cents per share [1] - The company achieved quarterly sales of $168.525 million, surpassing the analyst consensus estimate of $157.614 million [1] - Jim Cramer advised waiting before purchasing Doximity shares, stating they are "still too expensive" [1] Group 2: IREN Limited (NASDAQ:IREN) - IREN reported quarterly earnings of $1.08 per share, significantly beating the consensus estimate of 14 cents [2] - The company's quarterly revenue was $240.3 million, exceeding the Street estimate of $235.5 million and up from $49.57 million in the same period last year [2] - Jim Cramer recommended selling half of IREN stock [2] Group 3: Boise Cascade Company (NYSE:BCC) - Boise Cascade reported quarterly earnings of 58 cents per share, missing the analyst consensus estimate of 76 cents per share [3] - The company reported quarterly sales of $1.668 billion, which beat the analyst consensus estimate of $1.623 billion [3] - Jim Cramer expressed concerns about the housing sector and suggested that Boise Cascade is too leveraged to a specific part of the market [3] Group 4: Price Action - Doximity shares fell 3.3% to settle at $50.96 [5] - IREN shares declined 2.9% to close at $55.70 [5] - Boise Cascade shares rose 0.9% to settle at $70.28 [5]

CoreWeave, Nebius and peers such as IREN have surged this year on the back of multibillion-dollar contracts to provide AI computing capacity to large technology companies. ...

Core Insights - The article discusses the author's investment journey, emphasizing a strong foundation in value investing and a disciplined approach to analyzing companies [1] Group 1: Investment Philosophy - The focus is on identifying mispriced quality companies and understanding resilient business models across economic cycles [1] - The author employs a fundamentals-first approach, utilizing DCF models and analyzing financial statements [1] Group 2: Community Engagement - The author contributes to the Seeking Alpha community, sharing insights and testing investment ideas publicly [1] - The goal is to provide research-backed commentary on various investment opportunities, including under-the-radar compounders and misunderstood tech platforms [1]

Core Viewpoint - Cryptocurrency-related stocks showed strong pre-market performance, driven by market expectations of an imminent end to the U.S. government shutdown, alongside a notable increase in Bitcoin and Ethereum prices [1] Group 1: Stock Performance - Bitmine Immersion Technologies (BMNR.US) rose over 7% [1] - IREN Ltd (IREN.US) increased by more than 6% [1] - Cipher Mining (CIFR.US) gained nearly 5% [1] - Coinbase (COIN.US), Robinhood (HOOD.US), Circle (CRCL.US), and SoFi Technologies (SOFI.US) all saw increases of over 3% [1] Group 2: Cryptocurrency Price Movements - Bitcoin surged by 1.66%, currently priced at $106,462 [1] - Ethereum rose nearly 1%, currently priced at $3,615 [1]