IREN stock drops 6% as Nvidia’s CoreWeave deal jolts AI data-center trade
IREN Limited shares fell 6.1% to $53.22 Monday, with over 23 million shares traded. Other crypto miners also declined as bitcoin slipped 0.3%. Nvidia announced a $2 billion investment in CoreWeave to expand U.S. AI data-center capacity. IREN’s next quarterly results are set for Feb. 5.