IREN Limited's stock rose 4% following an unconfirmed report that it signed a multiyear AI cloud contract with Anthropic, a private AI developer. This potential deal could add a major frontier AI lab to IREN's customer list, which already includes Microsoft and others, distinguishing it from peers like TeraWulf and Applied Digital whose stocks remained flat. However, the contract details remain unverified, and IREN faces recent complaints about its legacy data centers in British Columbia. Investors await official confirmation and more information on contract terms and capacity, which could impact IREN's future revenue and market position.
TeraWulf and Applied Digital, peers to IREN, show contrasting market activity on Pluang as of Oct 12, 2026, 19:41 WIB, with TeraWulf's market cap at $6.87B and Applied Digital's at $7.16B. Despite the news-driven 4% rise in IREN's stock, TeraWulf's price fell 0.51% to USD 13.70, and Applied Digital declined 1.60% to USD 23.30, reflecting a quiet day for these technology and financial sector players. Volume levels are notable, with TeraWulf trading nearly 15 million shares and Applied Digital over 23 million shares, indicating active investor interest in these stocks even as they hold flat or dip slightly.
IREN Limited's stock dropped 4% following reports of outages at its British Columbia data centers, which serve AI customers. These claims raised concerns about the reliability of IREN's facilities, impacting investor confidence and causing declines i...
Shares of data center builders Cipher Digital, TeraWulf, and Applied Digital dropped due to rising long-term Treasury yields, which increase the cost of financing their projects. Cipher Digital fell 6%, the largest decline among the group, reflecting...
