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IREN Drops 6% as Alphabet's AI Cash Burn Rattles Data Center Stocks; Cipher Digital Falls 5% Ahead of Earnings
Source: 247wallst.com
Artificial IntelligenceTechnology & InnovationCompany Fundamentals
IREN Limited shares were down 6% to $27.04 by midday as worries about how major cloud spenders will fund AI spending weighed on companies that build and rent data center capacity.
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Overall Sentiment
mildly negative
Sentiment Score
-0.30
Ticker Sentiment
IREN-0.35
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