Today: 29 June 2026
Browse Category

ASX:IREN 18 January 2026 - 10 June 2026

IREN Stock Pauses as Nvidia Rally Cools Before Holiday

IREN Shares Fall Again; Microsoft AI Cloud Agreement Still in Focus

IREN Limited shares dropped again ahead of the open Wednesday, after two volatile sessions that have caught traders’ attention in AI infrastructure. The stock closed Tuesday at $54.02, down 8.73%, reversing its 8.91% move higher from Monday. IREN was last seen quoted at $52.01 by 7:56 a.m. EDT, off another 3.72%. It’s not about new company guidance. The move is on risk sentiment. Bitcoin was last trading near $60,948, off 2.8%. Reuters reported U.S. tech futures fell as investors weighed high valuations, inflation reports, and new geopolitical risks. That’s affecting IREN, which trades between a crypto miner and an AI data-center stock.
IREN Stock Down Despite 800MW AI Data Center Deal

IREN Stock Down Despite 800MW AI Data Center Deal

IREN Limited shares slumped 13.9% to $53.29 early Friday afternoon. The sell-off hit as traders moved out of fast-growing AI and crypto stocks, even as IREN rolled out plans for bigger data centers. Shares touched $52.83 at the session low after opening at $59.28. IREN isn’t just looked at as a bitcoin miner anymore. The company has pushed to rebrand as an AI cloud operator, now selling access to GPUs—the chips used for AI models—from its big, high-power data centers.
IREN Limited Stock Falls as $2 Billion Debt Sale Puts Nvidia AI Rally to the Test

IREN Limited Stock Falls as $2 Billion Debt Sale Puts Nvidia AI Rally to the Test

IREN Limited shares took a hit Monday as the Australia-based AI cloud firm jumped into the market with a proposed $2 billion convertible-note offering—a fast move following a strong rally driven by its tie-up with Nvidia. Shares last traded at $58.47, down $2.73, after slipping as low as $52.46 earlier in the session. The clock’s ticking for IREN. The company is racing to pivot out of bitcoin mining and into AI cloud services—essentially renting out high-powered computing muscle to artificial-intelligence clients. Pulling off the transition demands a quick, simultaneous scale-up: more electricity, more data centers, top-tier GPUs, and, crucially, fresh capital.

Stock Market Today

  • Texas Roadhouse (TXRH) gains 3.1% on earnings outlook
    June 29, 2026, 1:22 PM EDT. Texas Roadhouse (TXRH) shares rose 3.1% to $196.59, seeing a pickup in trading volume as the market bet on steady guest traffic, execution, and earnings growth. Wall Street looks for EPS of $1.89, up 1.6% from last year, with revenue forecast at $1.68 billion, a 10.8% jump. Earnings estimates for TXRH are up 1.5% over the last month, which usually points to continued stock gains. The stock sits at Zacks Rank #3 (Hold). In the sector, Red Robin (RRGB) popped 10.8%, closing at $7.49, with its quarterly EPS estimate steady at $0.28. Traders are watching for fresh earnings to see if the run lasts.
Go toTop