IREN is transitioning from Bitcoin mining to AI cloud infrastructure, securing a $9.7 billion deal with Microsoft and a $3.4 billion partnership with NVIDIA to build large-scale AI data centers. The company aims to become a major AI compute provider amid growing global demand, supported by a $3.65 billion GPU financing facility and new executive hires from top tech firms. Despite a recent stock pullback, analysts are optimistic about rapid revenue growth, targeting up to $14.9 billion by 2029, while monitoring risks like customer concentration and financing leverage.
First Hawaiian, Inc. announced it will release its second quarter 2026 financial results on July 24, 2026, before the market opens. The company will hold a conference call at 1:00 p.m. Eastern Time the same day to discuss the results, accessible via ...
XPeng delivered 103,295 vehicles in Q2, exceeding its guidance midpoint, with strong sales of the Mona model and the new GX SUV launched in May. Mona-branded vehicles made up 36% of June deliveries, while the GX SUV accounted for 17%, supporting expe...
U.S.-listed Bitcoin ETFs attracted $197.4 million in net inflows this week, ending an eight-week streak of withdrawals. Most of the inflows came from BlackRock’s iShares Bitcoin Trust, while other funds like Grayscale and Fidelity saw outflows. Despi...
Scully Royalty Ltd.'s Board of Directors has implemented a new policy that prohibits the company from reimbursing or funding shareholder costs unless approved by at least 75% of voting shareholders. This policy aims to preserve company resources and ...
Circle has issued an additional $250 million USDC on the Solana blockchain, contributing to a total USDC minting on Solana of about $64.25 to $64.78 billion in 2026. This move reflects strong demand for dollar liquidity within Solana's network, enhan...
