By Marco Piccolo Key highlights: IREN signs a five-year, $9.7 billion cloud compute agreement with Microsoft, making it the tech giant’s largest AI cloud provider. The deal includes phased deployment of Nvidia GB300 GPUs and $5.8 billion in equipment supplied via Dell Technologies. IREN shares soar over 20%, extending a year-to-date rally of more than […]
Tag: ICF
By Jon Nielsen Key highlights: Meta shares dropped over 12%, marking the worst intraday loss since October 2022. Q3 earnings per share missed estimates due to a one-time $15.9 billion tax charge. Meta raised its capital expenditures outlook to up to $72 billion for 2025, fueling investor concerns. Trade on Plus500 CFDs are complex instruments […]
By Marco Piccolo Key highlights: Chipotle stock plunged over 18% after cutting its full-year same-store sales outlook for the third consecutive quarter. Economic pressure and declining traffic, especially among Gen Z and millennial consumers, are weighing on performance. The company plans to boost marketing, digital innovation, and international expansion to recover momentum. Economic headwinds pressure […]