Veytics Intelligence
2026-11-10 · Yahoo

IREN Stock Falls Even as JPMorgan Goes Bullish

La traduction est en cours. L’article original est affiché.

Shares in AI data center operator IREN Limited (IREN) fell about 4% to around $21 on Tuesday morning. This came even after four-star JPMorgan analyst Richard Choe assigned the stock a Buy rating. Choe is bullish on IREN's fiscal Q1 2027 earnings, which showed AI cloud revenue surged 182% quarter-over-quarter to $200 million. JPMorgan Backs IREN AI Cloud Growth, Strong Pricing According to Choe, IREN's delivery of the first phase of its four-part data center project with Microsoft (MSFT) helped to fuel AI cloud revenue growth. In August, IREN announced that Microsoft had accepted Horizon 1, a 50MW facility, built under its $9.7 billion contract with the tech giant.

Lire le briefing complet de Veytics

Nous affichons publiquement l'idee principale. Creez un compte gratuit pour lire l'article complet, l'enregistrer, le commenter et le relier au contexte marches et OSINT.