IREN, formerly known as Iris Energy Limited, which recently adopted an AI-focused strategy, is projected to benefit from its move. As per estimations shared by Bernstein, the Bitcoin mining firm is likely to see a hike in its share prices. Related: What is Bitcoin mining? Explained Bernstein's outlook on IREN IREN stock reflected a gain of 12.86% on Sep. 25. With this, its current price has come to $47.14. Estimations from Bernstein analysts predict that the stock price could hit a historic high of $75. ...

Key Points Ark Invest boosted its stake in Baidu on Wednesday. The stock has rallied more than 50% over the past month. Baidu is emerging as a potential winner, with Nvidia losing billions in revenue every quarter as a result of AI chip trade restrictions with China. 10 stocks we like better than Baidu › Cathie Wood did something on Wednesday that she hasn't done in nearly four months. The Ark Invest founder CEO added to her existing stake in Baidu (NASDAQ: BIDU). It seems like a good time to buy ...

We recently published AI Frenzy: 10 Stocks Crushing the Market, 6 Climb to Fresh Highs. IREN Ltd. (NASDAQ:IREN) is one of the top performers on Wednesday. IREN Ltd. extended its winning streak to a fourth consecutive day on Wednesday to reach another all-time high as investors took path from an investment firm’s price target upgrade, alongside continued optimism for the artificial intelligence sector. During the session, IREN Ltd. (NASDAQ:IREN) climbed to its fresh 52-week peak of $33.64 before ending th ...

We recently published 10 Stocks With Eye-Popping Gains — 1 Surges 3,000%. IREN Ltd. (NASDAQ:IREN) is one of the top performers on Tuesday. IREN Ltd. rallied for a third consecutive day on Tuesday to reach a new all-time high, with the jump attributed to renewed investor optimism for the overall artificial intelligence industry. During the trading session, IREN Ltd. (NASDAQ:IREN) jumped to as high as $30.5 before trimming gains to end the day up by 15.27 percent at $30.19 apiece. IREN Ltd. (IREN) Touches ...

"Company†), a leading AI infrastructure company, today announced the launch of an offering of convertible notes and a concurrent offering of Class A shares to support the accelerated future growth of its core business. Our core AI cloud business is growing rapidly, and we continue to be laser focused on developing this business. We view long-term contracts such as the one we announced this week with Microsoft as impor. AMSTERDAM--(BUSINESS WIRE)--Nebius Group N.V. (NASDAQ: NBIS) ("Nebius†or the ...