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The Marked Chart Wire · Business
HotIren
Iren generated $228 million in revenue, beating expectations by 3 percent. The figure represents a 5 percent decline year over year but a 66 percent increase quarter over quarter.
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HotIren
Iren Limited posted $228 million in total revenue, up 66 percent, with AI cloud sales reaching $200 million. The company's net loss narrowed to $263 million as it shifts focus from Bitcoin mining to AI infrastructure.
HotIren
Iren reported revenue of $228 million, exceeding the $221.71 million estimate, and posted an EPS of -$0.66, better than the projected -$0.76 loss.
HotIren
Iren reported $228 million in quarterly revenue, exceeding the $221.7 million estimate. AI Cloud revenue rose 182 percent to $200 million, while the company pushed its $4 billion annual recurring revenue target into early 2027.
Anthropic IPO
Sources say large investors doubt Anthropic can reach a $1.5 trillion valuation for its initial public offering following recent market declines.
HotUnity Acquisition
Unity Software is reportedly in discussions with Silver Lake and Public Investment Fund regarding a potential acquisition of the company.
HotTrump Media TAE
The SEC declared the all-stock merger registration effective, setting a December 14 shareholder vote. TAE Technologies develops fusion energy and AI power systems.
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