The Marked Chart Wire · Business
HotIren
IREN beats quarterly estimates on higher revenue
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.
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HotIren
IREN reports AI cloud revenue surge in first quarter
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 revenue beats estimates as AI Cloud growth accelerates
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.
HotIren
IREN reports quarterly revenue of $228 million
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.
Anthropic IPO
Major investors skeptical of Anthropic's $1.5 trillion IPO valuation
Sources say large investors doubt Anthropic can reach a $1.5 trillion valuation for its initial public offering following recent market declines.
HotUnity Acquisition
Silver Lake and PIF reportedly in talks to acquire Unity Software
Unity Software is reportedly in discussions with Silver Lake and Public Investment Fund regarding a potential acquisition of the company.
HotTrump Media TAE
SEC clears trump Media and TAE Technologies merger
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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