Northland Starts Coverage of Four Neocloud Stocks With Big Upside Targets
Boost Run, IREN, ChronoScale and SharonAI get Outperform ratings as Northland lifts its long-term AI-as-a-Service market view to $4T.
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IREN’s AI Cloud Overtakes Bitcoin Mining as Impairments Drive a Deep GAAP Loss
IREN added Cohere, Perplexity and Figure AI, plus a multi-year frontier-lab deal.
IREN Completes Horizon 1 for Microsoft, Achieves Top NVIDIA Cloud Certification
IREN delivers Horizon 1 AI data center to Microsoft and achieves NVIDIA Exemplar Cloud status. First of four 50MW facilities in $9.7B Texas deal.
Bloom Energy, CoreWeave & Nebius Soar as Fund Margin Calls Ease
Bloom Energy, CoreWeave, and Nebius rebound as Microsoft’s 43% Azure growth and Mizuho/Truist Buy upgrades help ease AI fund margin-call selling pressure.
IREN Secures $2.8 Billion in AI Cloud Contracts, Raises 2026 Revenue Target to Over $4 Billion
IREN has rapidly expanded its AI Cloud capacity from 3 MW to 480 MW delivered, with a target of 1.2 GW by 2027.
Jefferies Initiates Buy Coverage on IREN with $79 Price Target on AI Pivot
The analyst highlights the company’s large powered land bank and strategic pivot to AI cloud infrastructure.