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Nvidia Is Backing This AI IPO Candidate. It Lost $1 Billion in Just 6 Months
Insider Monkey1d agoneutral
Nvidia Is Backing This AI IPO Candidate. It Lost $1 Billion in Just 6 Months

Nscale filed for a U.S. initial public offering on September 18 with one number that makes the AI-cloud boom look radioactive: the company lost $1.02 billion in the first six months of 2026 on just $140.6 million of revenue. Yet NVIDIA Corporation (NASDAQ:NVDA) is committing $1 billion to a $3.1 billion convertible financing, while Microsoft […]

IREN (IREN) Expands Brand Push with Awaken Acquisition
Insider Monkey124d agoneutral
IREN (IREN) Expands Brand Push with Awaken Acquisition

IREN Limited (NASDAQ:IREN) is one of the 10 Best Stocks in Leopold Aschenbrenner’s Portfolio. On May 18, 2026, IREN Limited (NASDAQ:IREN) announced the acquisition of Awaken, a creative and media agency specializing in brand development for high-growth companies. Upon completion of the transaction, Awaken will cease all independent operations, and its team will integrate directly […]

Here’s What IREN Ltd.’s (IREN) Mirantis Acquisition Means For Investors
Insider Monkey133d agoneutral
Here’s What IREN Ltd.’s (IREN) Mirantis Acquisition Means For Investors

IREN Ltd (NASDAQ:IREN) is one of the 7 Best Data Center GPU-as-a-Service Stocks To Buy. On May 5, IREN Ltd (NASDAQ:IREN) agreed to acquire Mirantis, a cloud infrastructure and Kubernetes-based orchestration services provider with enterprise support services. The deal was valued at about $625 million. With this acquisition, the company has expanded its portfolio in […]