What’s Going on With Iren Stock on Tuesday?
IREN shares rose after raising its AI Cloud annualized revenue forecast above $4 billion following $2.8 billion in new customer contracts.
IREN said its AI Cloud business will make more money than expected—over $4 billion a year—because it just signed big new customer deals. When a company raises its money forecast and wins new customers, that's a signal people think the business is growing strong.
Last session drawn · prints held ~15 minutes · licensed exchange data
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.