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IREN surged nearly 20% on Friday after the former Bitcoin miner reported AI cloud revenue of $200 million — up 182% in a single quarter — as its pivot to AI infrastructure pays off. Total revenue jumped 66% to $228 million, beating analyst estimates of $221 million, and its contracted backlog grew 22% to $20.3 billion. The stock had plunged 17% on Thursday in the AI selloff, but Friday's earnings rebound wiped out that loss. IREN still reported a $263 million net loss, narrower than the $684 million loss a quarter earlier.
#IREN #AI #DataCenter #Cloud #Stocks #Bitcoin #Crypto #Zimbuck104 Görüntülenme -
🚨 BREAKING: Cloudflare (NET) just delivered its best quarter ever — Q3 revenue jumped 39% to $782.5M, beating estimates, as AI demand for its cloud and cybersecurity platform accelerates.
EPS $0.38 vs $0.35 expected • Annualized revenue crossed $3B • Full-year guidance raised to $2.96B • Shares surged ~20% in premarket trading.
Full story on zimbuck.com
#Cloudflare #NET #Stocks #Earnings #AI #TechStocks #Investing #StockMarket242 Görüntülenme -
Atlassian (TEAM) sank 15.9% even after beating earnings — Q1 revenue hit $1.77B (+24% YoY) vs $1.71B expected, and adjusted EPS came in at $1.65 vs $1.44. Cloud revenue surged 31% to $1.30B. But investors sold on the outlook: subscription growth is set to slow to ~18.5% by fiscal year-end, and Data Center revenue is expected to fall 16%.
#Atlassian #TEAM #Stocks #Earnings #TechStocks #StockMarket #Investing #Zimbuck122 Görüntülenme -
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Cloudflare jumped about 17% in after-hours trading on November 5 after reporting third-quarter revenue of $782.5 million, up 39% year over year, and lifting its full-year outlook. Non-GAAP earnings came in at $0.38 per share, up from $0.27 a year ago, with free cash flow of $82.1 million. The rebound came after a brutal session in which the stock fell 8.3% to $244.51 as the Nasdaq plunged 5.5% in a chip-led selloff. Airbnb also rose about 10% after hours on strong bookings and a new $12 billion buyback.
#Cloudflare #NET #Stocks #Earnings #AI #TechStocks #Zimbuck172 Görüntülenme -
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