划重点 ① IREN 完成了美股市场最引人注目的战略转型之一：从受制于比特币周期的矿商，蜕变为专 注于 AI 算力基础设施的"公用事业公司"。这种身份的重塑，使其能够直接参与当前科技领域最 确定的长期趋势中，获得超乎寻常的关注与价值重估。 ② 在 AI 算力瓶颈从芯片转向电力和土地的背景下，IREN 的垂直整合模式为其带来结构性的低 成本优势和数年的先发优势。公司 2025 财年财报的扭亏为盈和 168% 的营收增长，正是其 AI 云业务极高"硬件利润率"和"重资产"经验成功嫁接的财务兑现。 ③ RockFlow 投研团队认为，IREN 的快速扩张恰逢 "AI 淘金热" 中供需最失衡的阶段。投资 IREN，就是以公用事业的稳健性和科技股的爆发力，押注当前 AI 基础设施领域最稀缺的算力 资源。 RockFlow 本文共3639字， 阅读需约13分钟 1. IREN 的蜕变：从比特币矿商到 AI 算力基础设施 IREN 的故事始于比特币挖矿领域。该公司由现任联席 CEO 的兄弟 Daniel Roberts 和 Will Roberts 于 2018 年在澳大利亚悉尼创立。当时，该公司 名为 Iris Ener ...

Market Overview - The stock market has recently experienced new record highs, alongside increases in gold and Bitcoin prices, amid divided opinions from Federal Reserve officials regarding the number of rate cuts needed by year-end [1] - The third quarter earnings season is set to begin, with major banks reporting their numbers soon, and expectations are for companies to continue beating earnings expectations [2] Earnings Expectations - Analysts have been lagging behind in their earnings estimates, particularly for the "Magnificent Seven" companies, which have shown double-digit earnings growth for several quarters. The overall market is expected to catch up, with estimates predicting around 6% growth, similar to the previous quarter's estimates, which were exceeded by nearly double [3] - There is a belief that earnings will continue to rise, driven by the positive impacts of recent government policies, including deregulation and tax cuts, which are seen as fundamentally beneficial for the market [5] Market Sentiment - Despite warnings from prominent figures like Jamie Dimon and Goldman Sachs about potential market corrections, there remains a strong bullish sentiment among some market strategists, who believe that staying invested is crucial as long as the bull market persists [6][8] - The focus is shifting towards sectors with strong momentum, particularly in AI and data centers, as companies pivot towards these growth areas [9][10] AI and Data Center Trends - The market is witnessing a significant trend where Bitcoin miners are transitioning to AI data centers, which is viewed as an underappreciated growth opportunity. Companies that can provide guaranteed power and locations for data centers are expected to thrive [10] - There is a notable difference between the current AI infrastructure and that of the dot-com era, as the necessary infrastructure for AI is still being developed, indicating a need for investment to compete globally, particularly against China [11][12]

Nestled in the aid nothingness of northern Nevada, a burgeoning boom town of tech in one of the world's driest deserts. >> We are Shangrila for data centers. Shangrila for data shang for data centers.>> Is this the new Silicon Valley. What it is. >> It is.>> It's fast becoming one of the world's most popular places for AI data centers. Hubs of sprawling specialbuilt server farms. The new frontier of tech now popping up across the country requiring a minimal workforce to operate.But they come with some big t ...

10/10/2025Futures rose early Friday. Applied Digital surged on blowout results, boosting other data center plays. China opened an antitrust probe... 10/10/2025Futures rose early Friday. Applied Digital surged on blowout results,... Related news Stock Market Today: Dow Rises As AI Play Soars; Oracle Eyes Buy Point (Live Coverage) Bitcoin miners continued to surge on Friday after Bernstein put out a note on their competitive artificial intelligence advantages. Iren, Bitfarms, CleanSpark and TeraWulf all charg ...

Core Viewpoint - Galaxy Digital Inc. has entered into investment agreements for a $460 million private strategic investment from a major asset manager, which will enhance its balance sheet and support its data center business growth [1][3]. Investment Details - The investment consists of the purchase of 9,027,778 shares from Galaxy and 3,750,000 shares from certain executive officers at a price of $36 per share [1]. - The expected closing date for the investment is around October 17, 2025, pending customary closing conditions [3]. Use of Proceeds - Galaxy intends to utilize the proceeds from the investment for general corporate purposes and to support the development of its Helios data center campus, which is projected to deliver 133 MW of critical IT load in the first half of 2026 [2]. Company Overview - Galaxy Digital Inc. is a leader in digital assets and data center infrastructure, providing solutions that enhance finance and artificial intelligence [7]. - The company operates an 800 MW Helios campus in Texas, with an additional 2.7 GW of power under study, positioning it among the largest data center developments in North America [7].

Core Insights - Applied Digital shares increased by 16% following a strong first-quarter revenue report driven by artificial intelligence data center demand, resulting in a year-to-date stock increase of over 350% [1] Financial Performance - First-quarter revenue reached $64.2 million, representing an 84% increase from $34.85 million in the same period last year, exceeding LSEG estimates of $50 million [1][3] - The company reported a loss per share of 7 cents, which was better than the expected loss of 13 cents [3] Strategic Developments - During the quarter, Applied Digital expanded its $7 billion lease agreement with CoreWeave by adding another 150 megawatts at the Polaris Forge 1 campus in North Dakota, raising the anticipated contracted lease revenue for the project to $11 billion [2]

Applied Digital Corp (NASDAQ:APLD) has inked one of the biggest capacity expansions yet in the AI data center race. Chief Executive Wes Cummins confirmed during Applied's latest earnings call that the company expanded its long-term lease with CoreWeave Inc (NASDAQ:CRWV) to 400 megawatts, bringing the total contract value to approximately $11 billion.Track APLD stock here.700 Megawatts Under ConstructionApplied Digital currently has “700 megawatts under construction,” Cummins told investors. The company has ...

Core Insights - Applied Digital reported a significant revenue increase of 84% in the first quarter of fiscal 2026, reaching $64.2 million, which exceeded analyst expectations by $9.6 million [2][5] - The company is experiencing strong demand for its AI data center services, particularly from clients like CoreWeave, positioning itself as a key player in the AI infrastructure market [3][5] Financial Performance - The adjusted loss per share was $0.03, aligning with market estimates [2] - Applied Digital's shares surged over 20% following the earnings announcement, reflecting investor confidence [1][5] Strategic Developments - A new lease agreement with CoreWeave was finalized, providing an additional 150 megawatts at the Polaris Forge 1 campus, contributing to an estimated $11 billion in prospective lease revenue over 15 years [4] - The company anticipates further expansion at the Polaris Forge 1 facility, with available power expected to exceed 1 gigawatt between 2028 and 2030 [4] Market Position - The CEO highlighted that hyperscalers are projected to invest around $350 billion in AI deployment this year, indicating a robust market opportunity for Applied Digital [5] - The company's stock has nearly quintupled year-to-date, showcasing its strong market performance [5]

Welcome to Yahoo Finance's flagship show, The Morning Brief. I'm Julie Heyman. Let's get to the three things you need to know today.First up, US stock futures little changed as the S&P 500 looks to close out a modest week of gains. What started off as the so-called debasement trade this week quickly turned into the buy everything rally. Stocks soared to new highs, gold hit fresh records, crypto jumped, and the dollar saw its best week of the year.Investors also bought treasuries for good measure. Plus, the ...

Applied Digital (APLD) stock leaped on Friday after the operator of data centers for artificial intelligence, cloud computing and blockchain workloads, reported a big surge in revenue in its latest quarter. The Dallas-based company late Thursday reported better-than-expected results for its fiscal first quarter ended Aug. 31. Applied Digital said its revenue jumped 84% year over year to $64.2 million, topping analyst estimates for $50 million. The company reported an adjusted loss of 3 cents a share, in lin ...