Iren’s stock soars as a major Nvidia investment overshadows revenue shortfall
Nvidia is taking a major stake in Iren to build out a 5-gigawatt global footprint for its AI factory ambitions
Source
MarketWatch
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Nvidia is taking a major stake in Iren to build out a 5-gigawatt global footprint for its AI factory ambitions
Source
MarketWatch
Opens original article in a new tab
Oil prices jumped on Friday after the U.S. and Iran exchanged fire in the Strait of Hormuz, raising fresh fears that the fragile ceasefire between the two countries is rapidly unraveling.

The US strikes Iranian targets following what it said were attacks on Navy destroyers, as President Donald Trump warned of "violent" escalation unless a deal is signed quickly. It leaves markets in "wait and see" mode as oil nears $100 a barrel. (Source: Bloomberg)
Oil futures moved higher late Thursday while stock-index futures were little changed after the U.S. and Iran exchanged fire in the Persian Gulf, and after a federal court struck down President Donald Trump’s backup tariff plan.
The company said revenue would’ve grown more not counting its recent acquisitions, but analysts say they put SoundHound in a strong position.