IREN Slides 5% as Anthropic Cloud Report Buzz Fades; Core Scientific Falls 3%
IREN Limited (NASDAQ:IREN) stock is down 4% to $33.18 as the buzz surrounding an apparently unconfirmed report naming Anthropic as a customer fades.
CORZ - Core Scientific, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$32.75
DETAILS
HIGH:
$40.00
LOW:
$16.00
MEDIAN:
$35.50
CONSENSUS:
$32.75
UPSIDE:
112.25%
Stock News
Critical Review: Core Scientific (NASDAQ:CORZ) versus WhiteFiber (NASDAQ:WYFI)
WhiteFiber (NASDAQ: WYFI - Get Free Report) and Core Scientific (NASDAQ: CORZ - Get Free Report) are both technology companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, risk, earnings, dividends, analyst recommendations, institutional ownership and profitability. Risk and Volatility WhiteFiber has a beta of 6.32,
IREN Drops 4% as SemiAnalysis Flags Its Canadian Data Centers; Core Scientific Pulls Back 2%
A batch of outage claims is hitting the companies that rent data center capacity to artificial intelligence customers, and the names with the most to prove are taking the worst of it. IREN Limited (NASDAQ:IREN) stock is at $36.
BlockchAIn Digital Infrastructure Says Nebius Prepayment Funds $800M Data Center Build
BlockchAIn Digital Infrastructure NYSEAMERICAN: AIB outlined its plans to develop a 50-megawatt data center project under a newly executed contract with Nebius, with management saying customer prepayments are expected to cover the company's required equity contribution to the project.
Core Scientific Wins AMD's Approval, As Meltdown/Bottoming Offers A Cheap Buying Opportunity
The landmark AMD partnership underscores the success of Core Scientific's preemptive data center buildout while underpinning their robust, multi-year AI monetization prospects. The warrant agreement with AMD has been extremely strategic, given the cheap warrant sum of $704.1M against the bull-case revenue opportunities of up to >$66B. The backlog burden underscores CORZ's future elevated capex, negative free cash flow, and deteriorating balance sheet pains, with it likely amplifying near-term volatility risks.
IREN Falls 7% as Financing-Heavy Data Center Names Sell Off Apart From Their Sector Fund; TeraWulf and Core Scientific Drop 5%
Rising borrowing costs hit data center companies hardest. Those still raising money to build capacity for artificial intelligence (AI) customers include three stocks falling much harder than their sector fund.
Applied Digital Falls 4% Ahead of Earnings Despite Its First International Data Center Deal; IREN and Core Scientific Also Drop 4%
A first international power deal is failing to steady Applied Digital (NASDAQ:APLD) stock ahead of the company's quarterly report, as AI data center developers sell off as a group. Applied Digital stock is at $24.
Applied Digital Climbs 3% as Finland Deal Opens Access to 1 GW Ahead of Earnings; TeraWulf and Core Scientific Tick Up
A Finland power agreement is giving Applied Digital (NASDAQ:APLD) its first data center development outside the United States, and buyers are rewarding that step. Applied Digital stock is at $25.43, up 3% in morning trading.
TeraWulf Slides 5% Despite Doubling Muskie Power Contract to 1 Gigawatt; Core Scientific Drops 3%, Riot Eases
A bigger power contract usually reads as good news for a company selling artificial intelligence (AI) data center capacity, yet TeraWulf (NASDAQ:WULF) is heading the other way after doubling the electric supply at its Muskie campus in Kentucky.
Bitcoin Miners Trade Rigs for AI as Power Becomes the Prize
It cost bitcoin miners an average of about $75,500 in cash to produce one coin in the second quarter. Meanwhile, bitcoin itself ended June at $58,400, less than half its October 2025 record high.
Crypto ETFs: Resilience Defines a Changing Market
Crypto ETFs have remained resilient in 2026 despite higher rates and legislative roadblocks. With bitcoin prices back near $85,000, bitcoin ETFs (and the broader crypto ETF universe) have been back on investors' radars.
AI Data Center Leases Stretch to 20 Years as Power Becomes the Asset
AI Data Center Leases Stretch to 20 Years as Power Becomes the AssetPR NewswireNEW YORK, Sept. 30, 2026NEW YORK, Sept. 30, 2026 /PRNewswire/ -- American News Gr
Applied Digital Falls 6% Despite $70 Buy Initiation at Jones Trading; TeraWulf and Core Scientific Drop 4%
Jones Trading started coverage of Applied Digital (NASDAQ:APLD) with a Buy rating, yet the data center operator is slipping in early trading. Applied Digital stock is down 6% to $24.70.
Core Scientific Appoints Jay Elms as Chief Commercial Officer
MIAMI--(BUSINESS WIRE)--Core Scientific, Inc. (Nasdaq: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for high-density colocation (“HDC”), today announced that Jay Elms has joined the Company's executive team as Chief Commercial Officer. In this role, Elms will be responsible for growing customer relationships and overseeing the customer experience from initial engagement through deployment. “We are excited to welcome Jay to our executive team,” said Adam Sulliva.
UBS turns bullish on five AI data center stocks
UBS has initiated coverage on five AI data center colocation stocks with Buy ratings, citing constrained compute supply and favorable power access positioning the group for rapid growth as AI adoption accelerates. The bank started coverage of Hut 8 Mining Corp (TSX:HUT, Unlisted (US):HUTMF), TeraWulf (NASDAQ:WULF), Applied Digital (NASDAQ:APLD), Core Scientific (NASDAQ:CORZ) and Cipher Digital (NASDAQ:CIFR), pointing to their cryptomining legacies and grid access as key advantages.
UBS turns bullish on five AI data center stocks
UBS has initiated coverage on five AI data center colocation stocks with Buy ratings, citing constrained compute supply and favorable power access...
Century Lithium eyes chlor-alkali plant as independent revenue driver, Noble says
Century Lithium Corp. (TSX-V:LCE, OTCQX:CYDVF) is advancing plans for a chlor-alkali plant that could become an independent revenue-generating asset...
Insider Buying: Core Scientific (NASDAQ:CORZ) Director Purchases $97,980.00 in Stock
Core Scientific, Inc. (NASDAQ: CORZ - Get Free Report) Director Eric Weiss bought 6,000 shares of the company's stock in a transaction on Tuesday, September 15th. The stock was bought at an average cost of $16.33 per share, with a total value of $97,980.00. Following the completion of the purchase, the director owned 265,262 shares of
TeraWulf Rallies 7% as AI Hosting Bid Returns; Core Scientific Jumps 7%, IREN Rises 3%
TeraWulf (NASDAQ:WULF) shares are running higher on Wednesday as buying returns to a narrow group of Bitcoin miners that have pivoted their platforms toward artificial intelligence hosting. The stock is up 7% to $15.
Cipher Digital Surges 9% on Conditional ERCOT Status for 3.2 GW of Texas Capacity; Core Scientific Rises 4%, IREN Nudges Higher
Shares of Cipher Mining (NASDAQ:CIFR) are up 9% to $16.42 in early Wednesday trading after the Electric Reliability Council of Texas (ERCOT) disclosed conditional grid capacity covering 3.2 gigawatts across Cipher's Texas projects.
Price Targets
UBS Starts Core Scientific Inc. (CORZ) at Buy
$24.00
(was $18.79)
John Hodulik
·
UBS
Core Scientific initiated with a Neutral at Rothschild & Co Redburn
$16.00
(was $17.99)
Redburn Partners
Core Scientific initiated with an Overweight at Wells Fargo
$28.00
(was $16.88)
Eric Luebchow
·
Wells Fargo
Freedom Capital upgrades Core Scientific on AMD deal, 40% selloff
$33.00
(was $22.02)
Capital One Financial
Core Scientific Inc. (CORZ) PT Raised to $36 at Compass Point
$36.00
(was $19.96)
Michael Donovan
·
Compass Point
Core Scientific Inc. (CORZ) PT Raised to $35 at Needham
$35.00
(was $20.75)
John Todaro
·
Needham
Core Scientific price target raised to $36 from $30 at Canaccord
$36.00
(was $20.75)
Joseph Vafi
·
Canaccord Genuity
Core Scientific Inc. (CORZ) PT Raised to $38 at Macquarie
$38.00
(was $20.75)
Paul Golding
·
Macquarie
Core Scientific price target raised to $38 from $33 at BTIG
$38.00
(was $27.79)
BTIG
Lucid Capital Markets Starts Core Scientific Inc. (CORZ) at Buy
$40.00
(was $27.22)
Darren Aftahi
·
Loop Capital Markets
Core Scientific price target raised to $32 from $24 at Bernstein
$32.00
(was $29.05)
Gautam Chhugani
·
Bernstein
Core Scientific price target raised to $37 from $24 at Jefferies
$37.00
(was $24.00)
Jefferies
Core Scientific price target raised to $33 from $23 at BTIG
$33.00
(was $22.79)
Gregory Lewis
·
BTIG
Core Scientific price target raised to $30 from $20 at Canaccord
$30.00
(was $22.36)
Joseph Vafi
·
Canaccord Genuity
Core Scientific price target raised to $29 from $23 at Needham
$29.00
(was $24.63)
John Todaro
·
Needham
Core Scientific price target raised to $29 from $25 at Cantor Fitzgerald
$29.00
(was $17.98)
Cantor Fitzgerald
Core Scientific Inc. (CORZ) PT Raised to $20 at Canaccord
$20.00
(was $15.50)
Joseph Vafi
·
Canaccord Genuity
Needham Upgrades Core Scientific Inc. (CORZ) to Buy
$23.00
(was $15.75)
John Todaro
·
Needham
Core Scientific upgraded to Buy from Neutral at BTIG
$23.00
(was $16.73)
Gregory Lewis
·
BTIG
Core Scientific price target raised to $24 from $17 at Bernstein
$24.00
(was $21.54)
Gautam Chhugani
·
Bernstein