For an $18 billion market-cap company, data-center owner Iren trades like one of the AI giants.
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For an $18 billion market-cap company, data-center owner Iren
trades like one of the AI giants.
The company had two of the top 20 biggest options trades in the market on Thursday and a total $173 million of premium traded hands, with 73% of that in calls.
By comparison, less than a million dollars of options traded in total between data-center real-estate stocks Equinix
Options volumes skew bullish in the stock.
Jeff Kilburg on how he's using options to navigate a turbulent stretch for the AI stocks.
Aussie-founded Iren’s shares surged almost 25 per cent after it announced a huge deal with Nvidia, but fell back just as quickly…
IREN shares soared after the data center operator announced a partnership with semiconductor giant Nvidia.
The company "positions itself as an emerging AI hyperscaler," Citi analyst Tyler Radke says.
Josh and Sean note that AI spending remains on fire and discuss a Best Stock riding that wave you may not have heard about.
