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IREN Stock Rally Sparks 40% Surge in Leveraged ETFs After $2.8 Billion AI Deal Win

Jul 20, 2026 · 02:40 PM ET· updated 14h ago
IREN Stock Rally Sparks 40% Surge in Leveraged ETFs After $2.8 Billion AI Deal Win

IREN stock surges 20% after raising its AI cloud revenue outlook, sending these leveraged ETFs soaring nearly 40%.

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Why It Matters

IREN stock jumped 20% because the company thinks it will make more money from AI cloud work. Some special investment tools that copy this stock's moves went up even more because they use borrowed money to magnify gains.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.