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LSE:IREN 12 January 2026 - 13 January 2026

IREN stock jumps after Bernstein tags it a top AI pick as bitcoin holds near $91,000

IREN stock jumps after Bernstein tags it a top AI pick as bitcoin holds near $91,000

IREN shares jumped 9.3% Monday, outpacing other crypto miners as bitcoin hovered near $91,200 ahead of Tuesday’s U.S. CPI data. About 53 million IREN shares changed hands, with the stock trading between $45.85 and $51.62. Investors are watching IREN’s AI expansion and a $9.7 billion Microsoft deal, as well as upcoming earnings projected for February. Rate cut expectations have shifted after recent U.S. data.
13 January 2026
IREN stock jumps as bitcoin firms up; what traders are watching next

IREN stock jumps as bitcoin firms up; what traders are watching next

IREN shares surged 7.3% to $49.38 in early New York trading Monday, with volume topping 20.5 million. Bitcoin hovered near $91,674, while other crypto miners posted mixed-to-higher moves. IREN’s gains follow its $9.7 billion Microsoft contract and updated AI revenue targets. Traders await Tuesday’s U.S. CPI data for further market direction.

Stock Market Today

  • Morgan Stanley Launches First Major Wall Street Spot Bitcoin ETF
    April 30, 2026, 11:57 AM EDT. Morgan Stanley debuted MSBT, its spot Bitcoin exchange-traded fund (ETF), marking the first from a major Wall Street bank. The ETF charges a 0.14% fee aimed at attracting institutional investors. Despite this, markets remain cautious; Bitcoin reaching $80,000 in April dropped from 26% to 17% YES on prediction markets the same day. This decline signals skepticism that the ETF alone will drive significant short-term price gains. Year-end Bitcoin price optimism remains modest at 5% YES, hampered by thin liquidity and broader concerns like regulatory and geopolitical challenges. Monitoring inflows into MSBT and rivals like BlackRock's IBIT will be crucial to gauge real institutional interest.

Latest article

Social Security’s $4 Million Question: Can the S&P 500 Beat a 2033 Benefits Cliff?

Social Security’s $4 Million Question: Can the S&P 500 Beat a 2033 Benefits Cliff?

30 April 2026
A retiree’s claim that Social Security payroll taxes could have grown to $4 million in the S&P 500 has renewed debate over the system’s structure. The Social Security Administration projects its main trust fund will be depleted by 2033, with incoming revenue covering 77% of benefits. The fund invests only in government securities, not stocks. The payroll tax rate is set at 12.4% of earnings up to $184,500 in 2026.
Everspin Technologies Stock Surges After $40 Million Defense MRAM Deal Puts Growth Back in View

Everspin Technologies Stock Surges After $40 Million Defense MRAM Deal Puts Growth Back in View

30 April 2026
FatPipe shares jumped 18% to $2.92 Thursday after the company announced expanded access to its SD-WAN and cybersecurity products through public-sector procurement channels. The move follows a VeloCloud replacement program targeting customers of Arista Networks’ SD-WAN business. Trading volume reached 42.2 million shares. Investors remain cautious over execution and customer concentration risks.
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