TradingKey - AI cloud infrastructure provider IREN Limited (IREN) announced that it has signed long-term cloud service contracts totaling $2.8 billion with several AI developers and raised its year-end 2026 annualized recurring revenue (ARR) target for its AI Cloud business from $3.7 billion to over $4 billion. Boosted by the positive news, the company's stock price rose more than 9% during intraday trading on Monday, as the market once again focused on this AI computing service provider that successfully transitioned from a Bitcoin miner.

TradingKeyMon, Jul 20

IREN Stock Forecast: Meta Is Now a Compute Competitor; $42 in a Descending Channel

TradingKey - IREN fell 40% from its high after Meta signaled it would resell excess compute capacity and Bernstein said it is ‘behind’ in enterprise. At $42 in a short setup, the 13-analyst target is $76. Here’s the tension.

TradingKeyFri, Jul 10

Better Than Nvidia? Why IREN Is the New King of AI Infrastructure

IREN has transitioned from Bitcoin mining to an AI infrastructure leader, boasting a $19 billion market cap. Despite recent earnings misses and share dilution, its $9.7 billion Microsoft partnership and 3GW power pipeline position it for a potential $100 target, offering significant long-term upside

TradingKeyWed, May 13

As SaaS Seat Model Collapses, Inference Surpasses Training: Decoding the Diverging Fates of Neocloud Giants CoreWeave, Nebius, and IREN

Anthropic's annualized revenue quintupled to $44 billion within five months, as inference compute surpassed training for the first time. A deep decoding of the differentiated positioning and diverging trajectories of the "Neocloud Big Three"—CoreWeave, Nebius, and IREN—and five key litmus test indicators for the earnings weeks of May 7 and May 13.

TradingKeyThu, May 7

IREN, NBIS, and CRWV: The Rise of Neoclouds in the AI Infrastructure Boom

Iris Energy (IREN), Nebius (NBIS) and Coreweave (CRWV) are frequently grouped due to their shared focus on AI infrastructure

TradingKeyTue, Mar 31

How Bitcoin Miners Are Scaling Revenue Through AI Data Center Integration

Discover how Bitcoin miners like Core Scientific and IREN are scaling revenue by pivoting to AI data centers. Explore 2026 hashprice trends, ASIC-to-GPU retrofitting, and the "hashrate-to-HPC" revolution.

TradingKeySun, Feb 22