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IREN stock slumps after Q4 miss as AI cloud revenue surges

Economic Times - Markets
Economic Times - Markets
Aug 28, 2026 · 10:40 AM
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IREN stock slumps after Q4 miss as AI cloud revenue surges
IREN shares fell over 8% after a weaker-than-expected Q4, with revenue and adjusted earnings missing estimates. However, AI Cloud revenue surged, while contracted ARR targets signal strong growth. The company’s transition from Bitcoin mining to AI infrastructure brings significant expansion potent…
Economic Times - Markets
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