IREN Accelerates AI Cloud Transition with $2.8 Billion Contracts with Microsoft and NVIDIA

IREN Limited is accelerating its transition from a Bitcoin mining company to an AI infrastructure provider, signing $2.8 billion contracts with Microsoft and NVIDIA.

Blow to Mercado Libre: Shares Plunge 7% After Earnings Report Raises Profitability Concerns

The company exceeded revenue and earnings forecasts. However, the decline in operating income and the continuation of an aggressive reinvestment strategy raised concerns in the market.

'At a standstill:' Senate races to salvage Clarity Act before August recess as ethics fight, law enforcement concerns loom