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 in related AI data center companies like TeraWulf and Core Scientific. IREN has not responded to the outage allegations, and the situation highlights the importance of site reliability for revenue, especially as IREN targets capacity expansion in the near term. Investors will watch for IREN's response and progress updates on its Canadian sites, as well as stability in peer stocks.
TeraWulf shares fell 6.46% to USD 13.47 on Pluang as of Oct 08, 2026 22:12 WIB, reflecting cautious sentiment in AI data center stocks. Core Scientific also declined 4.23% to USD 15.27, showing similar investor concerns. Despite the news on IREN, Pluang order activity for TeraWulf remains mostly buy at 85%.
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...
Shares of data center companies IREN, TeraWulf, and Core Scientific dropped between 5% and 7%, significantly underperforming their sector fund amid rising borrowing costs. These companies are still raising capital to build AI-focused data center capa...
Applied Digital's stock rose 3% following a new agreement securing access to up to 1 gigawatt of power capacity in Finland, marking its first data center development outside the U.S. This deal positions the company to expand internationally while lim...
TeraWulf's stock dropped 5% after the company doubled its power contract to 1 gigawatt at its Muskie AI data center campus in Kentucky. The expansion, which also accelerates the second phase of the project, depends on regulatory approval and is years...
Kentucky Power has amended its agreement with TeraWulf to double the contracted electric demand from 500 MW to 1 GW at the Muskie Data campus in Kentucky. If approved, this deal will provide $100 million in winter bill credits to residential customer...
