This Growth Stock Faces Short-Term Volatility, but Its Artificial Intelligence Story Remains Intact

Iren (NASDAQ: Iren) has been one of the most volatile artificial intelligence (AI) stocks of the year. The stock had multiple 10%+ price swings in both directions over the past few days as its earnings date approaches. The AI data center provider reports earnings on Feb. 5, where some investors speculate it will announce another lucrative deal with a hyperscaler. However, not every investor is waiting for earnings to come out. The stock is already up by more than 20% year to date as investor enthusiasm bui ...