Today: 9 June 2026
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NASDAQ:IREN 24 September 2025 - 4 October 2025

Bitcoin Miner to AI Cloud Sensation: Why Iris Energy (IREN) Stock Is Soaring in 2025

Iris Energy’s Dual Engine Revolution: Can This Bitcoin Miner Outshine Rivals in 2025 and Beyond?

Iris Energy reported FY-2025 revenue of US$501.0 million, up 168% from the prior year, as bitcoin mining and AI cloud revenues climbed. The company mined 5,499 BTC, with average bitcoin prices more than doubling to US$88,100. Net income reached US$86.9 million, reversing last year’s loss. Electricity costs averaged 3.8c/kWh, supporting gross margins near 75%.
Bitcoin Miner to AI Cloud Sensation: Why Iris Energy (IREN) Stock Is Soaring in 2025

Iris Energy Rockets to Record High Amid AI Mining Frenzy – Is the Rally Sustainable?

Iris Energy (IREN) traded near $49.00 on Oct. 3, up 4.2% intraday and near a record high after surging nearly 500% in a year. The company doubled its AI cloud GPU fleet to 23,000 and posted FY2025 revenue of $501 million, up 168% year-over-year. Analysts raised price targets to as high as $82, though JPMorgan cited valuation risks. IREN now outpaces peers Marathon and Riot in both market cap and stock gains.
IREN Stock Today (Sept 26, 2025): AI Cloud Moonshot Meets Wall Street Reality Check—Is the Rally Just Pausing or Running Out of Fuel?

IREN Stock Today (Sept 26, 2025): AI Cloud Moonshot Meets Wall Street Reality Check—Is the Rally Just Pausing or Running Out of Fuel?

IREN shares fell 13.2% to $40.20 after JPMorgan downgraded the stock to Underweight and raised its target to $24. The move follows a week of volatility, including a $674 million GPU expansion and bullish analyst targets up to $82. Bitcoin traded near $109,107, down 2.1%. IREN reported FY2025 revenue of $501 million and its first annual profit.
26 September 2025
Bitcoin Miner to AI Cloud Sensation: Why Iris Energy (IREN) Stock Is Soaring in 2025

Bitcoin Miner to AI Cloud Sensation: Why Iris Energy (IREN) Stock Is Soaring in 2025

Iris Energy (NASDAQ: IREN) traded near $47 intraday Sept. 24, up 13% on heavy volume, after doubling AI cloud capacity to 23,000 GPUs and targeting over $500 million in annualized cloud revenue by Q1 2026. Shares have surged 50% in a week and 269% year-to-date, with market cap above $10 billion. FY2025 revenue hit $501 million, net income $86.9 million, aided by Bitcoin’s rise to $113,000.
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Stock Market Today

  • CMC Markets Executives Buy Shares Under UK Incentive Plan
    June 9, 2026, 6:28 AM EDT. CMC Markets disclosed that senior executives have acquired shares through its UK Share Incentive Plan, a routine transaction aimed at aligning management interests with shareholders. The move follows regulatory requirements for disclosure and marks ongoing confidence from the firm's leadership in its growth prospects. CMC Markets, listed on the London Stock Exchange under ticker CMCX, continues to encourage executive ownership as part of its corporate governance strategy.

Latest articles

Nasdaq Futures Rise Ahead of CPI; Tech Buyers Step In

Nasdaq Futures Rise Ahead of CPI; Tech Buyers Step In

9 June 2026
Nasdaq 100 futures jumped 0.76% premarket, leading U.S. stock futures higher as investors bought back into tech after a chip-led rebound, but looming May CPI data Wednesday could threaten gains if inflation runs hot and revives rate-hike fears.
Qualcomm Shares Trade Early As AI Gets Attention Over Phones

Qualcomm Shares Trade Early As AI Gets Attention Over Phones

9 June 2026
Qualcomm surged 3.3% to $225.00 in early premarket trading after Nvidia CEO Jensen Huang publicly praised the company and J.P. Morgan raised its price target to $265, as investors focus on Qualcomm’s June 24 investor day and its push into AI and data-center chips beyond handsets.
Why Applied Digital Stock Is Jumping Before the Open After $5.2B AI Lease

Why Applied Digital Stock Is Jumping Before the Open After $5.2B AI Lease

9 June 2026
Applied Digital surged 8.7% in after-hours trading after announcing a 15-year, $5.2 billion lease at its Delta Forge 2 AI data center, boosting its contracted base-term lease revenue to $36 billion; investors are watching Tuesday’s regular session for the first full market reaction as confidence grows in Applied Digital’s ability to secure long-term AI infrastructure deals.
Nokia Shares Fall as AI-Powered 5G Deals Hit a Pause

Nokia Shares Fall as AI-Powered 5G Deals Hit a Pause

9 June 2026
Nokia shares slipped 0.66% in Helsinki despite unveiling new AI-driven 5G network deals and a DDoS security launch, as investors weighed the lack of disclosed financial terms and the risk that product announcements may not quickly boost earnings.
SoFi Shares Add 2.9%; Focus Now on SOFI’s Pre-Market Action

SoFi Shares Add 2.9%; Focus Now on SOFI’s Pre-Market Action

9 June 2026
SoFi held Monday’s 2.9% gain at $16.50 after record Q1 results—revenue up 41% to $1.1 billion, EBITDA up 62% to $340 million, loan originations at $12.2 billion, and members up 35%—but shares fell 12% in April after 2026 forecasts stayed flat, with analysts split and risks from higher rates, credit quality, and a 27% drop in tech platform revenue after a major client exit.
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