Reported 1 day ago
IREN Ltd. (NASDAQ:IREN) reached a new 52-week high by soaring 28% after being named a preferred partner by Nvidia Corporation, following impressive earnings that turned a net loss of $28.9 million from the previous year into a net income of $86.9 million for fiscal 2025. The company's revenues surged 167.6% year-on-year to $501 million, driven largely by Bitcoin mining and substantial growth in AI cloud services.
Source: YAHOO