IREN stock on watch Monday after Bernstein calls it a “top AI pick” as crypto traders eye CPI
IREN Limited closed Friday up 0.7% at $46.03 after Bernstein named it its “top AI pick” for 2026, citing a potential “tokenization supercycle.” Microsoft signed a $9.7 billion, five-year deal with IREN in November to secure Nvidia chips. Bitcoin hovered near $90,641 on Sunday. IREN is scheduled to report earnings Feb. 11.