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ASX:IREN.AX News 28 January 2026

IREN Limited stock price hovers near $60 premarket after 15% jump; earnings ahead

IREN Limited stock price hovers near $60 premarket after 15% jump; earnings ahead

IREN Limited shares rose 0.4% to $60.24 in premarket trading Wednesday after surging 14.6% the previous day on heavy volume. The company recently secured a $9.7 billion deal with Microsoft to supply Nvidia-based cloud capacity, with deployments set for its Texas campus through 2026. IREN will report quarterly results on Feb. 5. The stock remains volatile amid rising bitcoin prices and AI infrastructure investments.

Stock Market Today

Westpac share price slides after ASX rout; investors brace for next week’s WBC update

Westpac share price slides after ASX rout; investors brace for next week’s WBC update

7 February 2026
Westpac shares fell 1.2% to A$39.43 Friday as the S&P/ASX 200 dropped 2% amid broad selling. The bank is set to roll out Microsoft 365 Copilot to 35,000 staff after a pilot last year. Investors are watching for signs of loan growth and credit quality ahead of Westpac’s first-quarter update on Feb. 13. The Reserve Bank of Australia raised its cash rate to 3.85% this week.
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