Browse Category

OSE:IREN.O News 8 January 2026

Why IREN stock is rising today: AI data-center optimism lifts the bitcoin miner-turned-cloud play

Why IREN stock is rising today: AI data-center optimism lifts the bitcoin miner-turned-cloud play

NEW YORK, January 8, 2026, 10:39 EST — Regular session Shares of IREN Ltd (IREN.O) climbed about 4.3% to $45.49 on Thursday, as investors returned to data-center names tied to artificial intelligence computing demand. The stock touched a session high of $45.49 after dipping as low as $42.69. IREN runs renewable-powered data centers used for bitcoin mining and for renting…

Stock Market Today

  • Five-Star Business Finance Q3 Misses EPS Estimates, Analysts Maintain Cautious Outlook
    January 30, 2026, 1:52 AM EST. Five-Star Business Finance Limited (NSE:FIVESTAR) shares fell 14% to ₹444 following its third-quarter financial results. The company reported revenue of ₹6.3 billion, aligning with expectations, but statutory earnings per share (EPS) missed forecasts by 2.8%, at ₹9.38. Analysts covering the stock have revised 2027 EPS forecasts slightly downward to ₹45.19 from ₹46.53, while revenue estimates remain steady at ₹30.1 billion, representing a projected 34% year-on-year increase. The consensus price target remains near ₹709, reflecting stable valuation despite the EPS downgrade. Projected revenue growth aligns with historical rates and slightly outpaces industry peers, indicating steady performance. Analyst estimates show limited divergence, suggesting consistent assumptions underpinning these forecasts.
Go toTop