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Chris Markoch

IREN’s AI Pivot Looks Real, But the Market Wanted a Faster Payoff After Earnings

IREN Limited (NASDAQ: IREN) reported fiscal fourth-quarter results Aug. 27, and the headline numbers look rough at first glance. Revenue of $137.2 million was down from $187 million a year ago, alongside a wider net loss.

But investors chasing the headline are missing the story. This was a transition quarter by design. The company's Bitcoin mining revenue continues to wind down as AI cloud revenue ramps—and the print actually beat consensus estimates of $132.29 million.

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Judge extends White House access to banned media outlets CNN, MS Now and Politico

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Cornell suspends fraternity parties amid backlash over alleged sexual assault

Cornell suspends fraternity parties amid backlash over alleged sexual assault

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Top stories on inkl right now

Judge extends White House access to banned media outlets CNN, MS Now and Politico

Judge extends White House access to banned media outlets CNN, MS Now and Politico

District court judge Timothy Kelly was ruling after the Trump administration blocked access to the three outlets in September

The Guardian - US

‘Deeply unfortunate’: Hasina on Bangladesh skipping BRICS summit

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Former Bangladesh prime minister Sheikh Hasina has called Dhaka's decision to skip the Brics summit in India “deeply unfortunate”, saying the country's participation could have opened new opportunities for its economic and social development.

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US Justice Department threatens California over alleged noncitizen voters' list

US Justice Department threatens California over alleged noncitizen voters' list

The US Justice Department has directed California officials to investigate alleged noncitizen voters within 48 hours. It has demanded that ballots from these voters be withheld until their citizenship is confirmed. The department underlines its commitment to ensuring election integrity and may take legal action if demands are not met.…

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Live: Loud explosions heard in Saudi capital Riyadh following attack on Aramco building

Live: Loud explosions heard in Saudi capital Riyadh following attack on Aramco building

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Cornell suspends fraternity parties amid backlash over alleged sexual assault

Cornell suspends fraternity parties amid backlash over alleged sexual assault

University bans parties at frat houses for rest of academic year to conduct ‘thorough review’ of campus Greek life

The Guardian - US

Ukraine war briefing: Zelenskyy decries ‘absolutely unjust’ lack of warning from allies after Kyiv plant strike

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The Times of India

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