Today: 21 March 2026
Subscribe
Browse Category

MIL:IREN 21 October 2025

IREN’s 500% Rally: How a Bitcoin Miner Became an AI Cloud Juggernaut

IREN Stock Skyrockets 500% on AI Cloud Pivot — Bitcoin Miner’s Meteoric Rally Stuns Market

IREN shares surged from under $10 in January to over $74 on Oct. 14, before retreating to $53.80 midday Oct. 21. The company reported its first annual profit with FY2025 net income of $86.9 million on $501 million revenue. In September, IREN ordered $674 million in GPUs and signed multi-year AI cloud contracts. On Oct. 21, IREN priced $875 million in convertible notes for expansion.
21 October 2025
···

Stock Market Today

  • 3 Reasons to Avoid Adobe Stock and a Better Pick Instead
    March 20, 2026, 7:21 PM EDT. Adobe's stock has fallen 32.4% since September 2025, dropping to $246.27 amid concerns over slowing growth. The company's annual recurring revenue (ARR) grew 13% last year, lagging the software sector. Analysts project revenue growth to slow to 8.5% over the next 12 months, signaling potential demand challenges. Adobe's operating margin, a key profitability metric including stock-based compensation (SBC) costs, has remained flat around 36.6%, raising concerns about expense management. Trading at 3.8 times forward price-to-sales, Adobe's valuation is fair but offers limited upside. Instead, investors may prefer more resilient names like companies owning brands such as Taco Bell, seen as stronger long-term plays in uncertain markets.
Go toTop