1 hr. ago
Iren (NASDAQ: IREN), one of a clutch of cryptocurrency miners attempting to lean more heavily on data center operations, was a stock market winner on Thursday. The company reported news that indicated the strategy is a viable one, and investors rewarded the stock by pushing it almost 3% higher that trading session. This compared favorably to the S&P 500 index's 0.7% gain.
That morning, Iren announced that it had delivered a chunk of artificial intelligence (AI) compute to Microsoft. Horizon 1, a 50-megawatt deployment at Iren's campus in Childress, Texas, is the first stage of a five-year cloud services contract between the two companies worth $9.7 billion. It consists of four stages.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Iren added that Nvidia had bestowed its Exemplar Cloud status on the deployed system architecture, the Nvidia GB300 NVL72. This matters because it certifies the quality of the deployment by the company that manufactured the hardware.
Investors were also cheered by Iren maintaining its goal of reaching 480 megawatts of gross AI cloud capacity in 2026, and 1.2 gigawatts next year.
#iren #signal #first
That morning, Iren announced that it had delivered a chunk of artificial intelligence (AI) compute to Microsoft. Horizon 1, a 50-megawatt deployment at Iren's campus in Childress, Texas, is the first stage of a five-year cloud services contract between the two companies worth $9.7 billion. It consists of four stages.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Iren added that Nvidia had bestowed its Exemplar Cloud status on the deployed system architecture, the Nvidia GB300 NVL72. This matters because it certifies the quality of the deployment by the company that manufactured the hardware.
Investors were also cheered by Iren maintaining its goal of reaching 480 megawatts of gross AI cloud capacity in 2026, and 1.2 gigawatts next year.
#iren #signal #first
6 hours ago
Picking a name for a new professional sports team is tricky. You want to do something creative, but also tie into the fabric of the city. Cleveland's new WNBA team tried to do that when they unveiled their name as the Sirens. And according to those we surveyed, they were successful.
Earlier this week, we asked people to grade the name of the Sirens. Almost two-thirds of those surveyed gave the new team name either an "A" or "B" grade, with 39% giving it an "A."
It's worth pointing out that 21% gave the Sirens name a "D" or an "F" grade.
Doing something new and creative is a risk. Resurrecting a name like the Rockers or one that ties closely into the Cleveland Cavaliers would've been safer. It shouldn't come as a surprise that there were a number of people who didn't like the bold choice.
Overall, it's hard to criticize the Cleveland WNBA team for their brand rollout. They've done an excellent job of messaging their position and explaining why they went in this direction. They've made it clear that they want to be their own team, separate from the Cavs. And they've done that in an interesting and creative way.
#cleveland
Earlier this week, we asked people to grade the name of the Sirens. Almost two-thirds of those surveyed gave the new team name either an "A" or "B" grade, with 39% giving it an "A."
It's worth pointing out that 21% gave the Sirens name a "D" or an "F" grade.
Doing something new and creative is a risk. Resurrecting a name like the Rockers or one that ties closely into the Cleveland Cavaliers would've been safer. It shouldn't come as a surprise that there were a number of people who didn't like the bold choice.
Overall, it's hard to criticize the Cleveland WNBA team for their brand rollout. They've done an excellent job of messaging their position and explaining why they went in this direction. They've made it clear that they want to be their own team, separate from the Cavs. And they've done that in an interesting and creative way.
#cleveland
8 hours ago
Atlanta Falcons linebacker James Pearce was suspended for eight games by the NFL on Friday after an offseason domestic-violence arrest, according to ESPN's Adam Schefter.
Pearce, 22, was arrested in February and charged with two counts of aggravated battery with a deadly weapon, as well as aggravated stalking, fleeing or eluding police with lights or siren, aggravated battery involving a law enforcement officer, and resisting an officer without violence to his person.
One of those counts of aggravated battery with a deadly weapon was dropped in March, leaving Pearce with four charges.
Pearce was arrested following an incident with his ex-girlfriend, WNBA player Rickea Jackson. Pearce allegedly stalked Jackson and then caused a collision after pursuing Jackson in a car. Jackson was attempting to reach a police station at the time of the collision.
Pearce then reportedly fled from police in his car, leading to a chase. After crashing his vehicle, Pearce reportedly fled on foot before he was arrested.
#police #violence
Pearce, 22, was arrested in February and charged with two counts of aggravated battery with a deadly weapon, as well as aggravated stalking, fleeing or eluding police with lights or siren, aggravated battery involving a law enforcement officer, and resisting an officer without violence to his person.
One of those counts of aggravated battery with a deadly weapon was dropped in March, leaving Pearce with four charges.
Pearce was arrested following an incident with his ex-girlfriend, WNBA player Rickea Jackson. Pearce allegedly stalked Jackson and then caused a collision after pursuing Jackson in a car. Jackson was attempting to reach a police station at the time of the collision.
Pearce then reportedly fled from police in his car, leading to a chase. After crashing his vehicle, Pearce reportedly fled on foot before he was arrested.
#police #violence
3 days ago
Notre Dame football has lost two players to injuries suffered in practice, but both are expected to return this season.
Sophomore offensive lineman Matty Augustine injured the fifth metatarsal on his right foot and freshman cornerback Chaz Smith has a scaphoid, right wrist injury.
Both players will need surgery, but the team says both are expected to return in time to play this season -- though a more-precise timeline wasn't given.
Contact/Follow us IrishWireND on X (formerly Twitter) and like our page on Facebook to follow ongoing coverage of Notre Dame news, notes and opinions.
Follow Tim on X:tehealey
#right
Sophomore offensive lineman Matty Augustine injured the fifth metatarsal on his right foot and freshman cornerback Chaz Smith has a scaphoid, right wrist injury.
Both players will need surgery, but the team says both are expected to return in time to play this season -- though a more-precise timeline wasn't given.
Contact/Follow us IrishWireND on X (formerly Twitter) and like our page on Facebook to follow ongoing coverage of Notre Dame news, notes and opinions.
Follow Tim on X:tehealey
#right
3 days ago
Coventry City have re-signed midfielder Gustavo Hamer from Sheffield United on a "long-term" contract for an undisclosed fee.
The 29-year-old spent three years with the Sky Blues before moving to Sheffield United in 2023.
He scored 19 goals in 132 appearances in his first spell at Coventry and was named their player of the year in 2021-22.
"To go to the Premier League with Coventry was something I always dreamt of so when the club came back in for me, it was very special so I'm very happy," Hamer said.
Coventry sign Ghana's Yirenkyi for record fee
#united #city #gustavo #premier
The 29-year-old spent three years with the Sky Blues before moving to Sheffield United in 2023.
He scored 19 goals in 132 appearances in his first spell at Coventry and was named their player of the year in 2021-22.
"To go to the Premier League with Coventry was something I always dreamt of so when the club came back in for me, it was very special so I'm very happy," Hamer said.
Coventry sign Ghana's Yirenkyi for record fee
#united #city #gustavo #premier
3 days ago
Welcome to SB Nation Reacts, a survey of fans across the NBA. Throughout the year we ask questions of the most plugged-in Cavaliers fans and fans across the country.
We're still just under two years out from tip-off, but we do finally have a name for Cleveland's WNBA expansion franchise. The Cleveland Sirens will be the newest professional sports team coming to Cleveland.
The new WNBA team decided to forge its own path with this branding. Instead of using the name of Cleveland's previous teams, the Rockers, or tying their identity closely to the NBA team, as we've seen with the Minnesota Lynx, Washington Mystics, etc., the Sirens are going ahead with something completely new and original. Their all blue logo and word marks are distinct in a city with a storied professional sports history.
Distinct and unique doesn't always mean great. While I personally like the direction that the team is heading, I would understand if you thought otherwise. Casting aside tradition — even one that wasn't necessarily great — is always a risky move. It would've been easier to just resurrect the Rockers' name and just update the logo and uniform.
It also would've been just as easy to tie the team to the Cavs — similar to what we saw with the G League team, the Cleveland Charge. There is some value in tying all these related professional basketball teams together. Especially one that will be playing in the same arena as the Cavs.
#cleveland
We're still just under two years out from tip-off, but we do finally have a name for Cleveland's WNBA expansion franchise. The Cleveland Sirens will be the newest professional sports team coming to Cleveland.
The new WNBA team decided to forge its own path with this branding. Instead of using the name of Cleveland's previous teams, the Rockers, or tying their identity closely to the NBA team, as we've seen with the Minnesota Lynx, Washington Mystics, etc., the Sirens are going ahead with something completely new and original. Their all blue logo and word marks are distinct in a city with a storied professional sports history.
Distinct and unique doesn't always mean great. While I personally like the direction that the team is heading, I would understand if you thought otherwise. Casting aside tradition — even one that wasn't necessarily great — is always a risky move. It would've been easier to just resurrect the Rockers' name and just update the logo and uniform.
It also would've been just as easy to tie the team to the Cavs — similar to what we saw with the G League team, the Cleveland Charge. There is some value in tying all these related professional basketball teams together. Especially one that will be playing in the same arena as the Cavs.
#cleveland
5 days ago
Is IREN a good stock to buy? We came across a bullish thesis on IREN Limited on Compounding Your Wealth's Substack by Sergey. In this article, we will summarize the bulls' thesis on IREN. IREN Limited's share was trading at $37.93 as of August 6th 2026. IREN's trailing and forward P/E were 47.82 and 136.99 respectively according to Yahoo Finance.
Photo from Oracle website
IREN Limited is shifting away from Bitcoin mining and building itself into a cloud computing company for artificial intelligence. This means securing power, building data centers, installing GPUs (the chips that power AI), and delivering computing capacity to customers. Its fastest growing business is AI Cloud, and that is now the real story behind the stock. Compared to companies like CoreWeave or Nebius, IREN is less about software and more about physical execution — securing land and power, building and connecting data centers, and getting them ready for customers.
Read More: 15 AI Stocks That Are Quietly Making Investors Rich
Read More: Undervalued AI Stock Poised For Massive Gains: 10000% Upside Potential
#building #power #securing
Photo from Oracle website
IREN Limited is shifting away from Bitcoin mining and building itself into a cloud computing company for artificial intelligence. This means securing power, building data centers, installing GPUs (the chips that power AI), and delivering computing capacity to customers. Its fastest growing business is AI Cloud, and that is now the real story behind the stock. Compared to companies like CoreWeave or Nebius, IREN is less about software and more about physical execution — securing land and power, building and connecting data centers, and getting them ready for customers.
Read More: 15 AI Stocks That Are Quietly Making Investors Rich
Read More: Undervalued AI Stock Poised For Massive Gains: 10000% Upside Potential
#building #power #securing
6 days ago
CHENNAI: If Javagal Srinath had been the match referee when Sourav Ganguly famously kept Steve Waugh waiting for the toss at Eden Gardens in 2001 Border-Gavaskar Trophy, the former India captain might well have faced a suspension.
"I would have banned Sourav for a few games!" Srinath said at EEMAGINE event by recalling the incident, which has been regarded as an act of gamesmanship that disturbed Waugh and the Australian team during the course of the famous series that India won 2-1. Ganguly later said that he couldn't find his blazer which led to the delay, but that's highly debatable.
Srinath, however, praised Ganguly's leadership, particularly his ability to nurture youngsters such as Yuvraj Singh, Harbhajan Singh and Virender Sehwag. He felt Indian cricket underwent a major transformation after the match-fixing scandal of the late 1990s, with players developing a collective resolve to restore the game's image.
"There was a bit of a resoluteness in each and every player to really put that image back and then prove the world that cricket is superior, cricket is clean," Srinath said. He added that leadership came from the top four or five players being on the same page, which helped India not only start winning consistently at home but also turn the corner overseas.
Srinath recalled that between 1991 and 1997-98, India struggled to win abroad, but things began changing from 1999 onwards.
Looking back at the 2003 World Cup final against Australia, Srinath revealed that he had wanted India to bat first after a discussion within the team. "I was one of the guys who said we should always bat first and then put them under pressure," he said. But Ganguly had a different view. And once the decision was made, Srinath said the team had to move on, but Australia were simply too strong.
He recalled recommending Zaheer to selector Chandu Borde after watching the left-arm pacer take six wickets against Air India while representing the MRF Pace Foundation. When Borde jokingly asked what would happen to Srinath if Zaheer was picked, his response was simple: "If he's good, he replaces me."
Srinath also revealed that Rahul Dravid was "not the best roommate," joking about the former India batter's habit of leaving things scattered, while describing Venkatesh Prasad as extremely "spick and span".
On Vaibhav Sooryavanshi, Srinath cautioned against comparisons with Sachin Tendulkar and Virat Kohli, stressing that different eras bring different challenges.
"When you judge a player it's just not the white ball, it is the red ball cricket as well. Sooryavanshi is a wonderful talent, I think he's still too young. I hope he develops the maturity like Sachin and has that strong head on his shoulders like Virat."
Srinath also called for a better balance between bat and ball, pointing to shorter boundaries, bigger bats and less ***** ounced seams. "Something needs to be done to bring some balance into this game," he said.
#srinath #ganguly
"I would have banned Sourav for a few games!" Srinath said at EEMAGINE event by recalling the incident, which has been regarded as an act of gamesmanship that disturbed Waugh and the Australian team during the course of the famous series that India won 2-1. Ganguly later said that he couldn't find his blazer which led to the delay, but that's highly debatable.
Srinath, however, praised Ganguly's leadership, particularly his ability to nurture youngsters such as Yuvraj Singh, Harbhajan Singh and Virender Sehwag. He felt Indian cricket underwent a major transformation after the match-fixing scandal of the late 1990s, with players developing a collective resolve to restore the game's image.
"There was a bit of a resoluteness in each and every player to really put that image back and then prove the world that cricket is superior, cricket is clean," Srinath said. He added that leadership came from the top four or five players being on the same page, which helped India not only start winning consistently at home but also turn the corner overseas.
Srinath recalled that between 1991 and 1997-98, India struggled to win abroad, but things began changing from 1999 onwards.
Looking back at the 2003 World Cup final against Australia, Srinath revealed that he had wanted India to bat first after a discussion within the team. "I was one of the guys who said we should always bat first and then put them under pressure," he said. But Ganguly had a different view. And once the decision was made, Srinath said the team had to move on, but Australia were simply too strong.
He recalled recommending Zaheer to selector Chandu Borde after watching the left-arm pacer take six wickets against Air India while representing the MRF Pace Foundation. When Borde jokingly asked what would happen to Srinath if Zaheer was picked, his response was simple: "If he's good, he replaces me."
Srinath also revealed that Rahul Dravid was "not the best roommate," joking about the former India batter's habit of leaving things scattered, while describing Venkatesh Prasad as extremely "spick and span".
On Vaibhav Sooryavanshi, Srinath cautioned against comparisons with Sachin Tendulkar and Virat Kohli, stressing that different eras bring different challenges.
"When you judge a player it's just not the white ball, it is the red ball cricket as well. Sooryavanshi is a wonderful talent, I think he's still too young. I hope he develops the maturity like Sachin and has that strong head on his shoulders like Virat."
Srinath also called for a better balance between bat and ball, pointing to shorter boundaries, bigger bats and less ***** ounced seams. "Something needs to be done to bring some balance into this game," he said.
#srinath #ganguly
8 days ago
Notre Dame Fighting Irish alum Jadarian Price is already making an impression on his new team, the NFL's Seattle Seahawks.
The Seahawks took Price, a running back, with the 32nd overall pick in the first round of the 2026 NFL Draft. Price, who was at times overshadowed by Jeremiyah Love while at Notre Dame, seems to have impressed Seattle coaches. At least from what we see in a clip from HBO's "Hard Knocks", a reality-TV series shadowing the Seahawks during training camp.
Love, by the way, was taken third overall in the draft by the Arizona Cardinals.
Check out the clip involving Price below.
Contact/Follow us IrishWireND on X (formerly Twitter) and like our page on Facebook to follow ongoing coverage of Notre Dame news, notes and opinions.
#notre #dame #Seattle
The Seahawks took Price, a running back, with the 32nd overall pick in the first round of the 2026 NFL Draft. Price, who was at times overshadowed by Jeremiyah Love while at Notre Dame, seems to have impressed Seattle coaches. At least from what we see in a clip from HBO's "Hard Knocks", a reality-TV series shadowing the Seahawks during training camp.
Love, by the way, was taken third overall in the draft by the Arizona Cardinals.
Check out the clip involving Price below.
Contact/Follow us IrishWireND on X (formerly Twitter) and like our page on Facebook to follow ongoing coverage of Notre Dame news, notes and opinions.
#notre #dame #Seattle
9 days ago
Baron Capital, an investment management company, released its Q2 2026 investor letter for the "Baron Health Care Fund". A copy of the letter is available to download here. The Fund gained 11.99% during the quarter, compared with the 10.48% gain for the Russell 3000 Health Care Index and the 15.44% gain for the Russell 3000 Index. Since inception, the Fund appreciated 10.61% on an annualized basis, compared with 10.02% for the Benchmark and 14.83% for the Index. Strong stock selection in pharmaceuticals, biotechnology, health care equipment, and life sciences tools and services supported the Fund's outperformance, although limited exposure to managed care stocks reduced relative returns. The Fund remains positive on health care due to improving biotechnology funding, strong acquisition activity, recovering managed care margins, and growth from an aging population, chronic disease, medical innovation, and higher health care spending. In addition, please check the Fund's top five holdings to know the best picks in 2026.
In its second-quarter 2026 investor letter, Baron Health Care Fund highlighted argenx SE (NASDAQ:ARGX). argenx SE (NASDAQ:ARGX) is a commercial-stage biopharma company that develops various therapies for the treatment of autoimmune diseases in the United States and internationally. On August 03, 2026, argenx SE (NASDAQ:ARGX) closed at $830.79 per share. The one-month return of argenx SE (NASDAQ:ARGX) was -9.69% and its shares gained 23.10% over the past 52 weeks. argenx SE (NASDAQ:ARGX) has a market capitalization of $51.66 billion with a 52-week trading range between $631.47 - $953.58.
Baron Health Care Fund stated the following regarding argenx SE (NASDAQ:ARGX) in its Q2 2026 investor letter:
"Biotechnology company argenx SE (NASDAQ:ARGX) is best known for developing Vyvgart, the leading FcRn inhibitor for the treatment of autoimmune conditions. Shares rose after a period of prior weakness, which may have been partly driven by the retirement of longtime CEO Tim Van Hauwermeiren in early 2026. We view the transition to Karen Massey, who previously led the company's operations, as largely non-disruptive and believe she is well positioned to continue executing the company's strategy. Shares also benefited from optimism ahead of several clinical readouts, including data from studies of Vyvgart in immune-mediated necrotizing myopathy and dermatomyositis, expected in the third quarter of 2026, as well as empasibrupart in multifocal motor neuropathy, expected in the fourth quarter of 2026. Vyvgart continues to launch well in generalized myasthenia gravis and chronic inflammatory demyelinating polyneuropathy, where we believe it has established itself as an important treatment option. We expect Vyvgart to demonstrate efficacy across an expanding range of autoantibody-driven autoimmune conditions over time and remain encouraged by argenx's pipeline progress."
#care #argx #baron #vyvgart
In its second-quarter 2026 investor letter, Baron Health Care Fund highlighted argenx SE (NASDAQ:ARGX). argenx SE (NASDAQ:ARGX) is a commercial-stage biopharma company that develops various therapies for the treatment of autoimmune diseases in the United States and internationally. On August 03, 2026, argenx SE (NASDAQ:ARGX) closed at $830.79 per share. The one-month return of argenx SE (NASDAQ:ARGX) was -9.69% and its shares gained 23.10% over the past 52 weeks. argenx SE (NASDAQ:ARGX) has a market capitalization of $51.66 billion with a 52-week trading range between $631.47 - $953.58.
Baron Health Care Fund stated the following regarding argenx SE (NASDAQ:ARGX) in its Q2 2026 investor letter:
"Biotechnology company argenx SE (NASDAQ:ARGX) is best known for developing Vyvgart, the leading FcRn inhibitor for the treatment of autoimmune conditions. Shares rose after a period of prior weakness, which may have been partly driven by the retirement of longtime CEO Tim Van Hauwermeiren in early 2026. We view the transition to Karen Massey, who previously led the company's operations, as largely non-disruptive and believe she is well positioned to continue executing the company's strategy. Shares also benefited from optimism ahead of several clinical readouts, including data from studies of Vyvgart in immune-mediated necrotizing myopathy and dermatomyositis, expected in the third quarter of 2026, as well as empasibrupart in multifocal motor neuropathy, expected in the fourth quarter of 2026. Vyvgart continues to launch well in generalized myasthenia gravis and chronic inflammatory demyelinating polyneuropathy, where we believe it has established itself as an important treatment option. We expect Vyvgart to demonstrate efficacy across an expanding range of autoantibody-driven autoimmune conditions over time and remain encouraged by argenx's pipeline progress."
#care #argx #baron #vyvgart
9 days ago
Hoops 360 host Caroline Fenton and women's basketball writer Cassandra Negley highlight the newly unveiled Cleveland Sirens logo and branding, sharing their reactions and discussing the excitement surrounding the WNBA's 2028 expansion franchise.
The duo also highlight the biggest trade of the WNBA trade deadline: Kelsey Plum to the Phoenix Mercury. We hear Kelsey's thoughts on joining the new squad and break down who really won this trade.
Plus, the second half of the WNBA season is underway. What are the biggest storylines to watch as the playoff race heats up? Could the Minnesota Lynx's challenging schedule cause them to slip in the standings? Will the New York Liberty bounce back? And which team near the bottom of the table could shake up the playoff picture?
01:11 - Reaction to Cleveland Sirens announcement
08:20 - Who won the Kelsey Plum trade?
#cleveland #WNBA
The duo also highlight the biggest trade of the WNBA trade deadline: Kelsey Plum to the Phoenix Mercury. We hear Kelsey's thoughts on joining the new squad and break down who really won this trade.
Plus, the second half of the WNBA season is underway. What are the biggest storylines to watch as the playoff race heats up? Could the Minnesota Lynx's challenging schedule cause them to slip in the standings? Will the New York Liberty bounce back? And which team near the bottom of the table could shake up the playoff picture?
01:11 - Reaction to Cleveland Sirens announcement
08:20 - Who won the Kelsey Plum trade?
#cleveland #WNBA
10 days ago
Jeremy O'Brien: "We don't want to be the Lady Cavaliers." Cleveland Sirens exec Allison Howard explains why the city's new #WNBA franchise chose to go a different direction from the Cavs brand and colors.
x.com
It's been a long time coming, but Clevelanders will now have a name to cheer for at the city's WNBA games. The team will officially be known as the Cleveland Sirens. — 8/4/2026 News 5 Cleveland
The team will play its home games at Rocket Arena in Downtown Cleveland, with the Cleveland Clinic Courts in Independence set to become the Cleveland WNBA team's exclusive training and practice facility. Support for the WNBA in Cleveland has been widespread, from nearly 9,000 initial down payments for season tickets to founding partners signing on, like Progressive, which has claimed the sponsored patch chest and abdomen placements on the team's jersey. — 8/4/2026 News 5 Cleveland
The Dallas Wings are getting a major upgrade. The Wings will play their 2027 season at American Airlines Center, also home to the NHL's Dallas Stars and the NBA's Dallas Mavericks. Since moving to Dallas from Tulsa in 2016, the Wings have played at College Park Center at UT Arlington, which seats 6,251. The American Airlines Center has a capacity of around 20,000 for NBA games and reached 20,409 when the Wings hosted the Indiana Fever there last season. — 8/3/2026 New York Times
#WNBA #games
x.com
It's been a long time coming, but Clevelanders will now have a name to cheer for at the city's WNBA games. The team will officially be known as the Cleveland Sirens. — 8/4/2026 News 5 Cleveland
The team will play its home games at Rocket Arena in Downtown Cleveland, with the Cleveland Clinic Courts in Independence set to become the Cleveland WNBA team's exclusive training and practice facility. Support for the WNBA in Cleveland has been widespread, from nearly 9,000 initial down payments for season tickets to founding partners signing on, like Progressive, which has claimed the sponsored patch chest and abdomen placements on the team's jersey. — 8/4/2026 News 5 Cleveland
The Dallas Wings are getting a major upgrade. The Wings will play their 2027 season at American Airlines Center, also home to the NHL's Dallas Stars and the NBA's Dallas Mavericks. Since moving to Dallas from Tulsa in 2016, the Wings have played at College Park Center at UT Arlington, which seats 6,251. The American Airlines Center has a capacity of around 20,000 for NBA games and reached 20,409 when the Wings hosted the Indiana Fever there last season. — 8/3/2026 New York Times
#WNBA #games
10 days ago
wkyc3: Cleveland's new WNBA franchise, set to hit the court for its inaugural season in 2028, will be known as the Cleveland Sirens.
This article originally appeared on Hoops Hype: Cleveland's new WNBA franchise, set to hit the court …
#franchise #cleveland #season
This article originally appeared on Hoops Hype: Cleveland's new WNBA franchise, set to hit the court …
#franchise #cleveland #season
10 days ago
Jeremy O'Brien: "We don't want to be the Lady Cavaliers." Cleveland Sirens exec Allison Howard explains why the city's new #WNBA franchise chose to go a different direction from the Cavs brand and colors.
This article originally appeared on Hoops Hype: Cleveland Sirens exec Allison Howard: 'We don't want to be the Lady Cavaliers'
#want #exec #jeremy
This article originally appeared on Hoops Hype: Cleveland Sirens exec Allison Howard: 'We don't want to be the Lady Cavaliers'
#want #exec #jeremy
10 days ago
It was announced that in 2028, a new WNBA franchise will reside in Cleveland, Ohio. In a live-stream unveiling on August 4th, a presentation group include Cleveland Cavaliers president of basketball operations Koby Altman, it was revealed what the newest chapter of Cleveland's part in the WNBA.
The name decided upon is the Cleveland Sirens. The name was chosen "for Lake Erie's power and pull".
The last time there was a WNBA franchise in Cleveland, it was under the Cleveland Rockers, who eventually were dissolved as Cavaliers owner Gordon Gund no longer wanted to house the franchise.
For those hoping the Rockers would return in the unveiling, they were at least mentioned in the press release.
"Cleveland gave the world rock and roll, then brought that sound to the WNBA stage. Now, we're back. With a different song. A louder one."
#august
The name decided upon is the Cleveland Sirens. The name was chosen "for Lake Erie's power and pull".
The last time there was a WNBA franchise in Cleveland, it was under the Cleveland Rockers, who eventually were dissolved as Cavaliers owner Gordon Gund no longer wanted to house the franchise.
For those hoping the Rockers would return in the unveiling, they were at least mentioned in the press release.
"Cleveland gave the world rock and roll, then brought that sound to the WNBA stage. Now, we're back. With a different song. A louder one."
#august
10 days ago
The Cleveland Sirens were officially announced as the newest WNBA team on Tuesday. The new franchise will begin play in 2028.
The new name and logo were revealed during a press event this morning. The name was teased with the slogan "hear the call" and the logo was discovered on the team's website a few minutes before the big reveal. It seems that Cleveland has landed on a name that is both classic and culturally relevant.
The mythical creatures are having a moment thanks to The Odyssey and now they're part of a league experiencing rising popularity and attention. Now they just have to wait two years to start playing basketball. The team will be put together ahead of the 2028 season, starting with an expansion draft.
One of the breakout memes of the summer features Matt Damon screaming. That image comes from Christopher Nolan's "The Odyssey." In the scene where Damon is screaming, Odysseus is tied to the mast of his ship hearing the siren song.
Considering the source material for that movie is over 2,000 years old, sirens aren't exactly new. There are siren references in the Harry Potter series. Some of the outcasts in Netflix's "Wednesday" are sirens. There are even sirens in "The SpongeBob Movie: Search for SquarePants."
#name #damon #logo #years
The new name and logo were revealed during a press event this morning. The name was teased with the slogan "hear the call" and the logo was discovered on the team's website a few minutes before the big reveal. It seems that Cleveland has landed on a name that is both classic and culturally relevant.
The mythical creatures are having a moment thanks to The Odyssey and now they're part of a league experiencing rising popularity and attention. Now they just have to wait two years to start playing basketball. The team will be put together ahead of the 2028 season, starting with an expansion draft.
One of the breakout memes of the summer features Matt Damon screaming. That image comes from Christopher Nolan's "The Odyssey." In the scene where Damon is screaming, Odysseus is tied to the mast of his ship hearing the siren song.
Considering the source material for that movie is over 2,000 years old, sirens aren't exactly new. There are siren references in the Harry Potter series. Some of the outcasts in Netflix's "Wednesday" are sirens. There are even sirens in "The SpongeBob Movie: Search for SquarePants."
#name #damon #logo #years
11 days ago
A mythological creature is finding a home off the shores of Lake Erie, in Cleveland.
The Cleveland Sirens is the name for the WNBA expansion team that will debut in 2028. Rock Entertainment Group, which owns the team, announced the name August 4 at Rocket Arena.
Northeast Ohio basketball fans have been speculating about the expansion team's name since the city was awarded a franchise last year. Cleveland's former WNBA team was the Rockers until it went defunct in 2003.
But long before the name debut, there were signs.
It started off at Edgewater Beach when a mysterious sandcastle appeared July 31 with the logo 'Hear The Call' in blue coloring.
#expansion #debut #erie
The Cleveland Sirens is the name for the WNBA expansion team that will debut in 2028. Rock Entertainment Group, which owns the team, announced the name August 4 at Rocket Arena.
Northeast Ohio basketball fans have been speculating about the expansion team's name since the city was awarded a franchise last year. Cleveland's former WNBA team was the Rockers until it went defunct in 2003.
But long before the name debut, there were signs.
It started off at Edgewater Beach when a mysterious sandcastle appeared July 31 with the logo 'Hear The Call' in blue coloring.
#expansion #debut #erie
14 days ago
Notre Dame Fighting Irish football has a new facility worth checking out.
The team's X.com (formerly known as Twitter) page has a video out in which you can watch a drone fly around the new Jack and Kathy Shields Family Hall.
Facilities like this aren't just meant to make current players feel comfortable or to help the current coaching staff have the resources they need for practices and meetings. They also help impress recruits, perhaps convincing them to choose Notre Dame.
The facility looks impressive -- check it out for yourself below.
Contact/Follow us IrishWireND on X (formerly Twitter) and like our page on Facebook to follow ongoing coverage of Notre Dame news, notes and opinions.
#formerly #Help
The team's X.com (formerly known as Twitter) page has a video out in which you can watch a drone fly around the new Jack and Kathy Shields Family Hall.
Facilities like this aren't just meant to make current players feel comfortable or to help the current coaching staff have the resources they need for practices and meetings. They also help impress recruits, perhaps convincing them to choose Notre Dame.
The facility looks impressive -- check it out for yourself below.
Contact/Follow us IrishWireND on X (formerly Twitter) and like our page on Facebook to follow ongoing coverage of Notre Dame news, notes and opinions.
#formerly #Help
18 days ago
West Ham United have confirmed that Oona Siren has signed a new two-year contract, with the Finland international committing her future to the Hammers until the summer of 2028.
The announcement is another positive step for the club as preparations continue for the 2026/27 Barclays Women's Super League season. While summer transfer windows are often defined by new signings, securing the futures of established players is equally important. West Ham have ensured one of their most dependable performers will remain in east London for years to come.
Since arriving from Norwegian side LSK Kvinner in September 2024, Siren has become one of the most influential players in the squad. Calm in possession, intelligent without the ball and relentless in her work rate, the midfielder has developed into a player her teammates can rely on every single week.
The new deal also comes at an exciting time for the club following the appointment of Rita Guarino as head coach. As the experienced Italian prepares for her first campaign in charge, keeping a player of Siren's quality provides an important foundation to build upon.
After signing her new contract, Siren spoke of her happiness at remaining with West Ham. She made it clear she believes there is still plenty to achieve in claret and blue.
#west #contract #player
The announcement is another positive step for the club as preparations continue for the 2026/27 Barclays Women's Super League season. While summer transfer windows are often defined by new signings, securing the futures of established players is equally important. West Ham have ensured one of their most dependable performers will remain in east London for years to come.
Since arriving from Norwegian side LSK Kvinner in September 2024, Siren has become one of the most influential players in the squad. Calm in possession, intelligent without the ball and relentless in her work rate, the midfielder has developed into a player her teammates can rely on every single week.
The new deal also comes at an exciting time for the club following the appointment of Rita Guarino as head coach. As the experienced Italian prepares for her first campaign in charge, keeping a player of Siren's quality provides an important foundation to build upon.
After signing her new contract, Siren spoke of her happiness at remaining with West Ham. She made it clear she believes there is still plenty to achieve in claret and blue.
#west #contract #player
21 days ago
Notre Dame football is fairly close to closing out its 2027 recruiting class, with 23 total commitments after Brayden Parks made his verbal on Thursday.
The Irish have an elite class, one that ranks among the best in the nation and could end up being the top overall class. With that said, Notre Dame has the luxury of moving onto the 2028 cycle, one where they already have two commits, safety Andre Jones and kicker Owen Davies.
One of their top targets is Illinois edge rusher Darieon Prescott, a 5-star in the 247Sports Composite, ranking as the No. 18 overall player in the class. On Friday the 6-foot, 6-inch and 220-pound star announced via On3's Hayes Fawcett that he'll be committing on Monday with Notre Dame, Oregon and Texas A&M as his finalists.
Prescott has visited all three schools, as he was in South Bend to see the Irish hosting Purdue. Scanning his social media, it doesn't look like he visited this spring, but he did see the Ducks and Aggies. It's hard to say where he's leaning at the moment, but the hope is that proximity plays a part in Prescott's decision and joins other Illinois players who matriculate to Notre Dame.
Contact/Follow us IrishWireND on X (Formerly Twitter), and like our page on Facebook to follow ongoing coverage of Notre Dame news, notes, and opinions.
#irish #prescott #follow
The Irish have an elite class, one that ranks among the best in the nation and could end up being the top overall class. With that said, Notre Dame has the luxury of moving onto the 2028 cycle, one where they already have two commits, safety Andre Jones and kicker Owen Davies.
One of their top targets is Illinois edge rusher Darieon Prescott, a 5-star in the 247Sports Composite, ranking as the No. 18 overall player in the class. On Friday the 6-foot, 6-inch and 220-pound star announced via On3's Hayes Fawcett that he'll be committing on Monday with Notre Dame, Oregon and Texas A&M as his finalists.
Prescott has visited all three schools, as he was in South Bend to see the Irish hosting Purdue. Scanning his social media, it doesn't look like he visited this spring, but he did see the Ducks and Aggies. It's hard to say where he's leaning at the moment, but the hope is that proximity plays a part in Prescott's decision and joins other Illinois players who matriculate to Notre Dame.
Contact/Follow us IrishWireND on X (Formerly Twitter), and like our page on Facebook to follow ongoing coverage of Notre Dame news, notes, and opinions.
#irish #prescott #follow
21 days ago
KYIV, Ukraine (AP) — Laura Loomer, an ardent ally of President Donald Trump with a reputation for incendiary social media commentary, sat down with Ukrainian President Volodymyr Zelenskyy on Thursday after a dramatic turnaround on the war that could have political reverberations back in Washington.
Loomer had spent years minimizing Russia's invasion of Ukraine and amplifying Russian propaganda to her nearly 2 million followers. This week she had a change of heart.
"Just experienced my first air raid in Ukraine. Sirens blaring. This is everyday for every Ukrainian," Loomer wrote on X during her visit to the country. "I often said I don't care. Looking back, that wasn't very nice of me to say."
"We need to have moral clarity," she added Thursday.
It was a stunning reversal for a woman who had spent years criticizing U.S. support for Ukraine's defense, declaring it "a country full of ****** apologists" — a claim used by Russia to justify its yearslong invasion — and "led by a Jihadi apologist."
#thursday #back #years
Loomer had spent years minimizing Russia's invasion of Ukraine and amplifying Russian propaganda to her nearly 2 million followers. This week she had a change of heart.
"Just experienced my first air raid in Ukraine. Sirens blaring. This is everyday for every Ukrainian," Loomer wrote on X during her visit to the country. "I often said I don't care. Looking back, that wasn't very nice of me to say."
"We need to have moral clarity," she added Thursday.
It was a stunning reversal for a woman who had spent years criticizing U.S. support for Ukraine's defense, declaring it "a country full of ****** apologists" — a claim used by Russia to justify its yearslong invasion — and "led by a Jihadi apologist."
#thursday #back #years
22 days ago
Notre Dame added another 4-star prospect to its 2027 recruiting class, as Illinois defensive tackle Brayden Parks made his verbal on Thursday.
His commitment now gives the Irish 23 total commitments in the class, an elite group. According to the 247Sports Composite Team Rankings, Notre Dame has now moved up to the No. 2 spot behind Texas A&M. The difference here is that that Aggies have three more players in their class, and has a slightly higher average commitment rank at 91.08 vs. 91.00.
The Oregon Ducks are right behind the Irish, less than a point away, making it a virtually three-headed race for the top spot. Notre Dame has the most room to add players, but the majority to top prospects have already made their commitments. There could be some a late bloomer or two that they go after, but this could be it for the cycle.
Regardless of where the Irish end up in the rankings, head coach Marcus Freeman has once again managed to bring plenty of talent to an already elite team.
Contact/Follow us IrishWireND on X (Formerly Twitter), and like our page on Facebook to follow ongoing coverage of Notre Dame news, notes, and opinions.
#team
His commitment now gives the Irish 23 total commitments in the class, an elite group. According to the 247Sports Composite Team Rankings, Notre Dame has now moved up to the No. 2 spot behind Texas A&M. The difference here is that that Aggies have three more players in their class, and has a slightly higher average commitment rank at 91.08 vs. 91.00.
The Oregon Ducks are right behind the Irish, less than a point away, making it a virtually three-headed race for the top spot. Notre Dame has the most room to add players, but the majority to top prospects have already made their commitments. There could be some a late bloomer or two that they go after, but this could be it for the cycle.
Regardless of where the Irish end up in the rankings, head coach Marcus Freeman has once again managed to bring plenty of talent to an already elite team.
Contact/Follow us IrishWireND on X (Formerly Twitter), and like our page on Facebook to follow ongoing coverage of Notre Dame news, notes, and opinions.
#team
22 days ago
It has been an up-and-down year for Iren (NASDAQ: IREN), but the stock of the neocloud operator surged 20% on July 20 after it announced $2.8 billion in new contracts. The stock has more than doubled over the past year, but has also been cut nearly in half from its highs.
The average weighted length of Iren's new contracts is four years and includes deals with hyperscalers, frontier labs, artificial intelligence (AI) developers, and enterprises. It also said that its recent arrangements include prepayments covering approximately 45% of the cost of the graphics processing units (GPUs) to be used in the deployments.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
In addition to its new contract announcements, Iren also increased its year-end AI cloud computing annual revenue run rate outlook to more than $4 billion, up from a prior target of $3.7 billion. The company is expanding aggressively. A year ago, it had a capacity of 3 megawatts, and it's expected to bring that total to 480 megawatts in 2026 and 1.2 gigawatts in 2027. Despite its growth, it said demand continues to exceed its planned capacity additions.
Iren is one of a handful of former Bitcoin miners that have shifted their focus toward AI data centers. While at first this shift may seem like a red flag, it actually does make a lot of strategic sense.
#billion #total #Stock
The average weighted length of Iren's new contracts is four years and includes deals with hyperscalers, frontier labs, artificial intelligence (AI) developers, and enterprises. It also said that its recent arrangements include prepayments covering approximately 45% of the cost of the graphics processing units (GPUs) to be used in the deployments.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
In addition to its new contract announcements, Iren also increased its year-end AI cloud computing annual revenue run rate outlook to more than $4 billion, up from a prior target of $3.7 billion. The company is expanding aggressively. A year ago, it had a capacity of 3 megawatts, and it's expected to bring that total to 480 megawatts in 2026 and 1.2 gigawatts in 2027. Despite its growth, it said demand continues to exceed its planned capacity additions.
Iren is one of a handful of former Bitcoin miners that have shifted their focus toward AI data centers. While at first this shift may seem like a red flag, it actually does make a lot of strategic sense.
#billion #total #Stock
22 days ago
For a long time, IREN Limited (NASDAQ:IREN) was considered a Bitcoin mining operation company, but the company's cloud approach and AI deals have successfully transitioned it into a vertically integrated AI cloud provider.
The company came under the spotlight when it announced raising its year-end AI Cloud annualized run-rate revenue target to more than $4 billion, up from $3.7 billion, on July 20. The stock rallied nearly 20% after this news.
Out of the new target, roughly 85% is already under contract, as IREN Limited (NASDAQ:IREN) won multi-year cloud services deals with key AI developers, reflecting $2.8 billion in total contract value.
A testament to the company's scaled AI Cloud business is the expansion of 3MW of self-built AI Cloud capacity to 480MW being delivered this year, with expectations of the 1.2GW level in 2027. There's no doubt the company is expanding its customer base across hyperscalers, enterprises and AI developers, but investors want to know whether this announcement actually means something in the long term or if the growth prospects have already been priced in.
The news supports the earlier revenue projection by Freedom Capital. The firm expects the company's revenue to "explode" from $717 million this year to $3.1 billion and $8.5 billion in FY27 and FY28, respectively. The company's latest AI Cloud update provides additional revenue visibility for a business that is expanding at a rapid pace.
#billion #year #revenue #company
The company came under the spotlight when it announced raising its year-end AI Cloud annualized run-rate revenue target to more than $4 billion, up from $3.7 billion, on July 20. The stock rallied nearly 20% after this news.
Out of the new target, roughly 85% is already under contract, as IREN Limited (NASDAQ:IREN) won multi-year cloud services deals with key AI developers, reflecting $2.8 billion in total contract value.
A testament to the company's scaled AI Cloud business is the expansion of 3MW of self-built AI Cloud capacity to 480MW being delivered this year, with expectations of the 1.2GW level in 2027. There's no doubt the company is expanding its customer base across hyperscalers, enterprises and AI developers, but investors want to know whether this announcement actually means something in the long term or if the growth prospects have already been priced in.
The news supports the earlier revenue projection by Freedom Capital. The firm expects the company's revenue to "explode" from $717 million this year to $3.1 billion and $8.5 billion in FY27 and FY28, respectively. The company's latest AI Cloud update provides additional revenue visibility for a business that is expanding at a rapid pace.
#billion #year #revenue #company
22 days ago
IREN Limited (IREN) just gave investors another compelling reason to pay attention. The artificial intelligence (AI) infrastructure company announced $2.8 billion in new multi-year AI cloud services contracts with leading artificial intelligence developers, marking another major milestone in its transformation from a Bitcoin miner into one of the fastest-growing AI cloud infrastructure providers. The new agreements prompted management to raise its 2026 annualized AI cloud revenue target to more than $4 billion, underscoring the accelerating demand for high-performance computing capacity.
The latest contracts build on IREN's growing portfolio of blue-chip AI customers, which already includes partnerships with companies such as Microsoft Corporation (MSFT) and Nvidia Corporation (NVDA). Importantly, approximately 45% of the GPU capital expenditure required for these deployments will be funded through customer prepayments, significantly reducing financing risk while supporting the company's aggressive expansion strategy.
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#corporation #artificial #intelligence #contracts
The latest contracts build on IREN's growing portfolio of blue-chip AI customers, which already includes partnerships with companies such as Microsoft Corporation (MSFT) and Nvidia Corporation (NVDA). Importantly, approximately 45% of the GPU capital expenditure required for these deployments will be funded through customer prepayments, significantly reducing financing risk while supporting the company's aggressive expansion strategy.
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Micron Stock Is Near Bear-Market Territory. Here's Why ASML's Guidance Says Buy the Dip.
#corporation #artificial #intelligence #contracts
23 days ago
The Notre Dame football season is extremely close to starting, and you can now add a former Ohio State player as one who believes in what head coach Marcus Freeman has built for this fall.
Kirk Herbstreit, the former Buckeye quarterback and current ESPN College GameDay ******* yst and color commentator joined the Pat McAfee Show to discuss who he thinks will win the College Football Playoff. After some back and forth with the panel, he landed on the Irish taking the crown.
Other picks were Oregon, Ohio State and Miami, who Herbstreit also mentioned as a team that he is very high on as well. He went on to say that CJ Carr is “the real deal” as the preseason hype for the starting quarterback grows. It will be very interesting to see who Herbstreit ends up picking when the Hurricanes and Irish face off in early November.
Regardless of that outcome, he thinks that both those teams have the potential for a rematch in the championship game, one that would be a great conclusion to the home-and-home series that Notre Dame and Miami have had the past two years.
Contact/Follow us IrishWireND on X (Formerly Twitter), and like our page on Facebook to follow ongoing coverage of Notre Dame news, notes, and opinions.
#ohio
Kirk Herbstreit, the former Buckeye quarterback and current ESPN College GameDay ******* yst and color commentator joined the Pat McAfee Show to discuss who he thinks will win the College Football Playoff. After some back and forth with the panel, he landed on the Irish taking the crown.
Other picks were Oregon, Ohio State and Miami, who Herbstreit also mentioned as a team that he is very high on as well. He went on to say that CJ Carr is “the real deal” as the preseason hype for the starting quarterback grows. It will be very interesting to see who Herbstreit ends up picking when the Hurricanes and Irish face off in early November.
Regardless of that outcome, he thinks that both those teams have the potential for a rematch in the championship game, one that would be a great conclusion to the home-and-home series that Notre Dame and Miami have had the past two years.
Contact/Follow us IrishWireND on X (Formerly Twitter), and like our page on Facebook to follow ongoing coverage of Notre Dame news, notes, and opinions.
#ohio
23 days ago
Interested in IREN Limited? Here are five stocks we like better.
IREN Limited signed $2.8 billion in new AI cloud contracts, pushing its stock up nearly 20% and above $40 per share.
The deals raise IREN's 2026 annualized revenue target past $4 billion, with about 85% already under contract from clients like Microsoft and NVIDIA.
IREN funded its expansion with a $2.6 billion convertible notes offering and capped call transactions, though grid interconnection delays remain a key risk.
IREN Limited (NASDAQ: IREN) recently sent a signal to the broader equity markets. A $2.8 billion contract haul does not just change a quarterly earnings trajectory.
#iren #contract #interested #here
IREN Limited signed $2.8 billion in new AI cloud contracts, pushing its stock up nearly 20% and above $40 per share.
The deals raise IREN's 2026 annualized revenue target past $4 billion, with about 85% already under contract from clients like Microsoft and NVIDIA.
IREN funded its expansion with a $2.6 billion convertible notes offering and capped call transactions, though grid interconnection delays remain a key risk.
IREN Limited (NASDAQ: IREN) recently sent a signal to the broader equity markets. A $2.8 billion contract haul does not just change a quarterly earnings trajectory.
#iren #contract #interested #here
24 days ago
For a long time, IREN Limited (NASDAQ:IREN) was considered a Bitcoin mining operation company, but the company's cloud approach and AI deals have successfully transitioned it into a vertically integrated AI cloud provider.
The company came under the spotlight when it announced raising its year-end AI Cloud annualized run-rate revenue target to more than $4 billion, up from $3.7 billion, on July 20. The stock rallied nearly 20% after this news.
Out of the new target, roughly 85% is already under contract, as IREN Limited (NASDAQ:IREN) won multi-year cloud services deals with key AI developers, reflecting $2.8 billion in total contract value.
A testament to the company's scaled AI Cloud business is the expansion of 3MW of self-built AI Cloud capacity to 480MW being delivered this year, with expectations of the 1.2GW level in 2027. There's no doubt the company is expanding its customer base across hyperscalers, enterprises and AI developers, but investors want to know whether this announcement actually means something in the long term or if the growth prospects have already been priced in.
The news supports the earlier revenue projection by Freedom Capital. The firm expects the company's revenue to "explode" from $717 million this year to $3.1 billion and $8.5 billion in FY27 and FY28, respectively. The company's latest AI Cloud update provides additional revenue visibility for a business that is expanding at a rapid pace.
#cloud #company
The company came under the spotlight when it announced raising its year-end AI Cloud annualized run-rate revenue target to more than $4 billion, up from $3.7 billion, on July 20. The stock rallied nearly 20% after this news.
Out of the new target, roughly 85% is already under contract, as IREN Limited (NASDAQ:IREN) won multi-year cloud services deals with key AI developers, reflecting $2.8 billion in total contract value.
A testament to the company's scaled AI Cloud business is the expansion of 3MW of self-built AI Cloud capacity to 480MW being delivered this year, with expectations of the 1.2GW level in 2027. There's no doubt the company is expanding its customer base across hyperscalers, enterprises and AI developers, but investors want to know whether this announcement actually means something in the long term or if the growth prospects have already been priced in.
The news supports the earlier revenue projection by Freedom Capital. The firm expects the company's revenue to "explode" from $717 million this year to $3.1 billion and $8.5 billion in FY27 and FY28, respectively. The company's latest AI Cloud update provides additional revenue visibility for a business that is expanding at a rapid pace.
#cloud #company
24 days ago
IREN spiked 16% and APLD jumped 9% in a technical rebound after both shed over 40% of their value in the past month; meanwhile, WULF added 7% in risk-on Monday morning trading action.
Applied Digital CEO Wes ****** mins noted CoreWeave demand helped drive 139% revenue growth as hyperscaler capex climbed from roughly $400 billion to $700 billion.
Core Scientific posted 45% revenue growth with colocation surging 9x year-over-year, while IREN and TeraWulf still carry heavy losses despite the sector bounce.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Iren didn't make the cut. Grab the names FREE today.
Shares of AI infrastructure names are bouncing hard in early Monday trading, led by IREN (NASDAQ:IREN), up 17% to $39.28. Applied Digital (NASDAQ:APLD) is up 9% to $28.06, TeraWulf (NASDAQ:WULF) is up 7% to $19.44, and Core Scientific (NASDAQ:CORZ) is up 7% to $22.31.
#apld
Applied Digital CEO Wes ****** mins noted CoreWeave demand helped drive 139% revenue growth as hyperscaler capex climbed from roughly $400 billion to $700 billion.
Core Scientific posted 45% revenue growth with colocation surging 9x year-over-year, while IREN and TeraWulf still carry heavy losses despite the sector bounce.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Iren didn't make the cut. Grab the names FREE today.
Shares of AI infrastructure names are bouncing hard in early Monday trading, led by IREN (NASDAQ:IREN), up 17% to $39.28. Applied Digital (NASDAQ:APLD) is up 9% to $28.06, TeraWulf (NASDAQ:WULF) is up 7% to $19.44, and Core Scientific (NASDAQ:CORZ) is up 7% to $22.31.
#apld
24 days ago
IREN (NASDAQ: IREN) said Monday that it had signed $2.8 billion of new multi-year AI cloud services contracts with leading AI developers. The data center and bitcoin mining operator lifted its year-end 2026 AI cloud annualized run-rate revenue target from $3.7 billion to more than $4 billion.
The new agreements bring contracted ARR to approximately 85% of the revised target, according to IREN. ARR is an annualized measure based on deployed services and does not represent revenue already reported for a completed accounting period.
IREN shares rose 15% following Monday's announcement, according to DI Metrics. The company held approximately $7.6 billion in cash and cash equivalents as of June 30, separate from the prepayments ******* ociated with recent GPU deployments.
IREN's customer contracts have a weighted average term of about four years, according to Investing.com. Recent agreements also include customer prepayments covering approximately 45% of related GPU capital expenditures, reducing IREN's funding requirement for those deployments.
Stay ahead of AI infrastructure deals. Get Blockspace in your inbox.
#iren #approximately #year #cloud
The new agreements bring contracted ARR to approximately 85% of the revised target, according to IREN. ARR is an annualized measure based on deployed services and does not represent revenue already reported for a completed accounting period.
IREN shares rose 15% following Monday's announcement, according to DI Metrics. The company held approximately $7.6 billion in cash and cash equivalents as of June 30, separate from the prepayments ******* ociated with recent GPU deployments.
IREN's customer contracts have a weighted average term of about four years, according to Investing.com. Recent agreements also include customer prepayments covering approximately 45% of related GPU capital expenditures, reducing IREN's funding requirement for those deployments.
Stay ahead of AI infrastructure deals. Get Blockspace in your inbox.
#iren #approximately #year #cloud
