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ASX:IREN.AX 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

  • Stock Investors Optimistic Amid Cash Constraints Despite AI Reliance in S&P 500
    May 20, 2026, 12:19 AM EDT. Stock investors remain hopeful despite being low on cash, facing potential challenges in the market. The S&P 500's increasing dependence on AI-driven companies presents both opportunities and risks, as technology stocks continue to influence market dynamics. This reliance could lead to minor and major investment snafus, underlining the cautious optimism prevailing among investors.

Latest articles

Wall Street Hit by Yield Jolt With Nvidia Up Next

Wall Street Hit by Yield Jolt With Nvidia Up Next

20 May 2026
U.S. stock ETFs remained lower late Tuesday after Wall Street’s main indexes fell for a third straight session, pressured by rising Treasury yields and caution ahead of Nvidia’s earnings. The SPDR S&P 500 ETF dropped 0.7% to $733.73. The 10-year Treasury yield hit 4.687%, its highest since January 2025, before easing. Nvidia shares slipped 0.7% after hours, with traders bracing for a major move post-earnings.
Viavi Stock Drops After $500 Million Share Sale Plan — The Debt Move Investors Can’t Ignore

Viavi Stock Drops After $500 Million Share Sale Plan — The Debt Move Investors Can’t Ignore

20 May 2026
Viavi Solutions shares dropped 7.1% in after-hours trading Tuesday after the company announced a $500 million public stock offering aimed at repaying debt. The offering, unveiled just after the Nasdaq close, could add roughly 10.1 million new shares. Viavi plans to use proceeds to pay down a $450 million loan. Total debt would fall to $650 million, according to a preliminary SEC filing.
Analog Devices Shares Rally After $1.5B AI Power Deal Ahead of Earnings

Analog Devices Shares Rally After $1.5B AI Power Deal Ahead of Earnings

20 May 2026
Analog Devices agreed to acquire Empower Semiconductor for $1.5 billion in cash, sending ADI shares up 1.36% to $419.95 in after-hours trading after closing down 1.02%. The deal, approved by both boards, is expected to close in the second half of 2026 pending regulatory review. Empower CEO Tim Phillips will continue to lead integrated voltage regulator work after the merger.
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