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MTA:IREN.MI 5 May 2026

IREN Stock Jumps After Sweetwater Power Milestone Puts Its AI Data Center Bet Back In Focus

IREN Stock Jumps After Sweetwater Power Milestone Puts Its AI Data Center Bet Back In Focus

IREN shares jumped 8.37% to $49.48 Monday after the company energized its 1.4-gigawatt Sweetwater 1 data center in Texas, connecting its substation to the ERCOT grid. The company said power delivery will ramp up as the site is built out. IREN also announced a definitive agreement to acquire Mirantis. The stock was quoted at $50.16 before Tuesday’s U.S. open.
5 May 2026
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Stock Market Today

  • Market Whipsaw Leaves Traders Eyeing 'Fear Gauge' for Clues
    May 13, 2026, 10:35 AM EDT. Stock markets saw sharp swings as the Nasdaq 100 nearly faced its worst sell-off since March but rallied 1.5% by close, while the S&P 500 ended slightly lower. The Cboe VIX Index, or 'fear gauge,' which measures expected market volatility, fell despite rising briefly to its highest point since April 28, highlighting a disconnect between overall market calm and volatile individual stocks. Semiconductor options remain expensive, 2.5 times pricier than the VIX, attracting traders seeking cheaper hedges with increased call buying in VIX options. Tech stocks like Qualcomm and Intel retreated amid higher oil prices above $102 and rising Treasury yields. Bond traders turned bearish with heavy put buying in the iShares long-term bond ETF (TLT) after inflation data showed a surge. The TLT ETF saw nearly 600,000 contracts traded, reflecting strong bets on further declines.

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Nokia Oyj’s AI Turn Gets a New Boss as Shares Rally Again

Nokia Oyj’s AI Turn Gets a New Boss as Shares Rally Again

13 May 2026
Nokia appointed Siemens executive Emma Falck to lead its Mobile Infrastructure unit starting Sept. 1 and join its group leadership team. Nokia shares rose 5.5% in Helsinki after first-quarter profit jumped 54% and sales to AI and cloud customers increased 49%. The company also launched new agentic AI tools for broadband networks. Falck previously held senior roles at Siemens, BCG, and KONE.
Intel Stock’s $440 Billion Run Has a New Problem: Short Sellers Are Back

Intel Stock’s $440 Billion Run Has a New Problem: Short Sellers Are Back

13 May 2026
Intel shares fell about 2% to $118.23 in early trading Wednesday, after a six-week rally added over $440 billion in market value. Short interest is near a 52-week high, with bearish traders facing more than $12 billion in paper losses, according to S3 Partners. Chip stocks now make up 18% of the S&P 500’s weight, driving most of this year’s index gains.

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Penguin Solutions Stock Gets a Fresh AI Memory Re-Rate, Even as Chip Tape Turns Rough

Penguin Solutions Stock Gets a Fresh AI Memory Re-Rate, Even as Chip Tape Turns Rough

13 May 2026
Penguin Solutions shares surged nearly 20% after hours to $52.85 following management remarks at a Needham investor conference and a target hike from Rosenblatt Securities. The move came despite fiscal Q2 net sales falling 6% year over year, though Integrated Memory revenue jumped 63%. CEO Kash Shaikh highlighted AI inference workloads driving memory demand. Trading volume topped 5 million shares.
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