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NASDAQ:IREN 31 December 2025 - 10 January 2026

Why IREN stock is up today: bitcoin bounce sparks an ~12% jump

Why IREN stock is up today: bitcoin bounce sparks an ~12% jump

NEW YORK, January 2, 2026, 13:55 ET — Regular session IREN Limited shares rose about 12% on Friday to $42.25, tracking a rebound in bitcoin and a broad rally across U.S.-listed crypto miners. Bitcoin was up about 1.8% near $89,700 after topping $90,000 earlier, while peers Marathon Digital, Riot Platforms and CleanSpark were up roughly 9% to 13%; IREN traded between $38.10 and $42.40 on the day as volume reached about 19.2 million shares.
IREN stock back in focus as big funds build stakes ahead of Microsoft AI rollout

IREN stock back in focus as big funds build stakes ahead of Microsoft AI rollout

Institutional investors have been building positions in IREN Ltd as the Nasdaq-listed data centre operator pushes deeper into artificial intelligence cloud services, a report said on Friday. Shares were down about 1.3% at $37.77 in premarket trading. https://www.ad-hoc-news.de/boerse/ueberblick/institutional-investors-capitalize-on-iren-s-ai-infrastructure-pivot/68450663 The buying matters because demand for power and data centre capacity to run AI workloads has tightened, lifting interest in companies that can deliver new infrastructure quickly.
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Stock Market Today

  • Amazon Stock Rises After AWS GPU Price Increase with $312 Street Target
    June 29, 2026, 10:19 AM EDT. Amazon (AMZN) shares rose 2.5% to $232.69 after AWS increased prices on reserved GPU capacity for the third quarter in a row, signaling strong AI demand. Analyst Ken Gawrelski of Wells Fargo maintained a Buy rating and $312 price target, seeing pricing power as a sign of supply tightness despite delayed revenue impact due to existing contracts. AWS accelerated 28% annually to $37.6 billion in Q1 2026 with a 38% operating margin, underscoring growth momentum. The market debate centers on whether AWS pricing leverage can offset a $200 billion annual spend before investor patience wanes. CEO Andy Jassy highlighted cost savings and margin benefits from Amazon's Trainium chips, reinforcing long-term profitability outlook.
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