TeraWulf (WULF) stock jumps after Morgan Stanley’s bullish AI data-center call
TeraWulf shares jumped 11.5% to $15.93 after Morgan Stanley initiated coverage with an Overweight rating and a $37 target, citing the company’s push into data-center hosting. Bitcoin fell 2.4% to $69,351, pressuring other miners. Cipher Mining rose 9.5%, Marathon Digital slipped 0.6%, and Riot Platforms edged up 0.2%. TeraWulf reports Q4 results Feb. 26.