IREN Stock Surges After Bitcoin Rebound Amid Q2 Earnings Miss
IREN stock rebounded by 5% on Friday as bitcoin prices recovered from their lowest point since early October 2024. The miner and artificial intelligence company reported a net loss of $155.4 million in its fiscal Q2 2026, missing estimates of a net loss of $88 million. Despite this, IREN’s revenue increased to $184.7 million, driven … Read more