TeraWulf Stock Skyrockets 100% on Google’s $3B AI Bet – But One New Warning Looms
TeraWulf (WULF) shares have surged 117% year-to-date in 2025, closing near $13.70 after hitting a 52-week high of $16.19. Trading volume spiked to 27 million shares on Oct. 24. Google agreed to backstop $3.2 billion in project financing for TeraWulf’s AI data center expansion, taking a 14% stake. Wall Street Zen downgraded the stock to “sell” on Oct. 26 despite mostly bullish analyst targets.