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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
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Stock Market Today

  • Stocks Defy Economic Concerns as Market Acts on Future Expectations
    April 30, 2026, 10:49 AM EDT. Despite high gas prices, stalled ceasefire talks, and jet fuel shortages impacting airlines, U.S. stocks remain near record highs. Market strategist Kevin Ford highlights the stock market as a prediction engine rather than a reflection of current events. Historical patterns show markets often rally well before economic recovery, such as in 2009's recession and the pandemic crash. Investors price stocks on expected future profits, adjusting rapidly to new developments like the Iran conflict, which recently pushed tech-heavy Nasdaq into a correction. As markets processed shifting geopolitical risks by late March, investor sentiment evolved quickly, underscoring the market's focus on forward-looking data rather than immediate headlines.

Latest article

Why Viavi Solutions Stock Is Surging After a Big Earnings Beat

Why Viavi Solutions Stock Is Surging After a Big Earnings Beat

30 April 2026
Viavi Solutions shares surged about 20% in early U.S. trading after fiscal third-quarter revenue rose 42.8% to $406.8 million, beating estimates. Adjusted earnings reached 27 cents per share, above forecasts. The company projected fourth-quarter revenue of $427 million to $437 million. GAAP profit declined from a year earlier and cash flow was negative for the quarter.
Nvidia Isn’t Over. But Marvell Is the Quiet AI Chip Name Analysts Can’t Ignore

Nvidia Isn’t Over. But Marvell Is the Quiet AI Chip Name Analysts Can’t Ignore

30 April 2026
Marvell Technology shares rose about 3% Thursday after Big Tech firms signaled AI spending would exceed $700 billion this year. Nvidia slipped 1.6% but announced a $2 billion investment in Marvell and a partnership on AI infrastructure. Marvell reported record fiscal 2026 revenue of $8.2 billion, while Nvidia posted $215.9 billion for the year. Google is in talks with Marvell to develop two new AI chips.
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