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

  • Goldman Sachs Signals New Trend to Stock Market Investors
    June 9, 2026, 5:09 AM EDT. Goldman Sachs has issued a clear message amid investor uncertainty on Wall Street. Fresh data from the firm highlights an unexpected trend influencing market movements. The insight aims to guide investors in navigating evolving conditions. This development adds a fresh perspective to ongoing debates about the market's next direction.

Latest articles

Marvell Joins S&P 500 But AI Chip Gains Come With a Twist

Marvell Joins S&P 500 But AI Chip Gains Come With a Twist

9 June 2026
Marvell Technology surged 9.6% to $288.85 after being picked for the S&P 500, extending a 59% rally since May 27, as passive funds prepare to buy shares before its June 22 entry; the move follows record revenue, strong AI bookings, and Nvidia’s $2 billion investment, but risks remain after a recent sector selloff and warnings of overbought conditions.
SUNation Energy Jumps 420% After Suniva Merger News

SUNation Energy Jumps 420% After Suniva Merger News

9 June 2026
SUNation Energy soared 420% to $5.88 after announcing a reverse merger with Suniva, giving Suniva holders about 98.2% of the combined company and SUNation holders 1.8%, pending approvals; SUNation also raised $2.7 million in a private stock sale as it faces cash pressure and recent losses, with the merger aiming to stabilize operations but carrying significant risks if not completed.
Inno Holdings Soars 3,660%, Trading Stopped on Nasdaq on $3M AI Pact

Inno Holdings Soars 3,660%, Trading Stopped on Nasdaq on $3M AI Pact

9 June 2026
Inno Holdings shares soared 3,660.95% to $39.49 after a $3 million AI contract announcement, then Nasdaq halted trading pending more information; the project is in early development with no commercial operations, and the company faces dilution risks and auditor doubts about its ability to continue as a going concern.
American Airlines Stock Hit by Fuel Costs, United Deal Out of Reach

American Airlines Stock Hit by Fuel Costs, United Deal Out of Reach

9 June 2026
American Airlines stock hovered near $13.60, up about 10 cents, as investors weighed a 78% jump in U.S. airline fuel costs to $6.5 billion in April and fading United merger talk; American’s 2026 profit forecast was slashed in April, with fuel bills expected to rise by over $4 billion, and IATA cut its 2026 industry profit outlook to $23 billion from $41 billion, citing the fuel price shock.
Nvidia Stock Just Got a Korea Catalyst. The Real Test Is Still Ahead

Nvidia Stock Just Got a Korea Catalyst. The Real Test Is Still Ahead

9 June 2026
Nvidia shares rose 1.8% to $208.64, lifting its market value to about $5.09 trillion as investors focused on new AI-infrastructure deals, including a multiyear memory partnership with SK hynix and a sovereign AI buildout with NAVER, while the market weighed risks from tight memory supply, premium prices, and uncertain mainstream demand for AI PCs.
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