Jim Cramer Says “Take the Gain” on IREN as AI Data Center Stock Rally Faces Big Tech Earnings Test
Jim Cramer urged investors to trim gains in data-center stocks after a sharp rally, calling IREN speculative but not issuing a sell call. IREN shares fell 2.7% to $50.64 early Monday, valuing the company at $15.1 billion. The company’s next earnings report is set for May 7, as investors await updates on its AI cloud expansion and financial targets.