Leveraged ETFs tied to IREN Ltd. (NASDAQ:IREN) surged as much as 40% on Monday, dramatically outperforming the underlying stock after the AI infrastructure company raised its long-term cloud revenue o
Middle East tensions, AI-driven tech weakness and stock-specific swings fueled big moves in leveraged ETFs. Here's a look at last week's top performers.
Iren (IREN) shares surged about 15% on Monday after the AI cloud infrastructure provider signed $2.8 billion in new cloud services contracts and raised its 2026

Why Iren Stock Is Soaring Today

11:47am, Monday, 20'th Jul 2026
New AI cloud contracts have Iren's revenue growth exploding. Iren says contract pricing keeps rising.
IREN Ltd (IREN) shares are ripping higher this morning following a significant operational update that alleviate capital expenditure concerns and boosts the firm's long-term financial outlook. The Aus
IREN Ltd (NASDAQ:IREN) stock is up 16% to trade at $39.06, after the company hiked its 2026 year-end AI cloud annual recurring revenue (ARR) target to over $4 billion.
Shares of AI infrastructure names are bouncing hard in early Monday trading, led by IREN (NASDAQ:IREN), up 17% to $39.28.
IREN lifts cloud revenue forecast, as it upgrades contracts with AI leaders. Hut 8 lands a new $9.8 billion deal, with room to grow.
IREN stock was gaining alongside Hut 8 as both companies announced big cloud-computing deals.
NEW YORK, July 20, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced that it has raised its year-end AI Cloud annualized run-rate revenue (“ARR”)1 target from $3.7b
Top neocloud stocks are in a freefall, erasing billions of dollars in value as concerns about AI spending emerge.  IREN stock dropped to $33.61, its lowest level since April 7, and 52% below its high
Shares of Nebius Group (NASDAQ:NBIS | NBIS Price Prediction) are down 13% in midday trading to $174, extending a rough stretch for the Amsterdam-based AI cloud specialist.
Shares of IREN (NASDAQ:IREN) are down another 9% in early afternoon trading Thursday to $34.67, capping a brutal stretch in which IREN stock has shed 41.3% over the past month.

IREN Appoints Chief Information Security Officer

07:00am, Wednesday, 15'th Jul 2026
NEW YORK, July 15, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) ("IREN") today announced the appointment of Eric Hammersley as Chief Information Security Officer. The appointment follows the r

IREN Appoints Chief Information Security Officer

07:00am, Wednesday, 15'th Jul 2026
NEW YORK, July 15, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ:  IREN ) (“IREN”) today announced the appointment of Eric Hammersley as Chief Information Security Officer.
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