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Microsoft Partnership Triggers Rally in IREN Stock Ahead of Earnings Report
ByAinvest
Thursday, Nov 6, 2025 3:43 pm ET1min read
IREN Limited, a Microsoft-backed crypto firm, has seen its stock drop ahead of its earnings report. Despite a $9.7 billion partnership with Microsoft and a $5.8 billion procurement deal with Dell Technologies, analysts have expressed caution about the deal's impact on shareholder value. IREN's stock has fallen 8.91% to $69.60, and its first-quarter fiscal 2026 results are set to be released at 5 PM ET.
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