Follow UsIREN shares fall 8% as costly AI transition weighs on earnings
Bearish-33.60%
28 Aug, 09:07
Source: CoinDesk
AI Summary
IREN shares dropped 8% as weakening profitability during its AI cloud provider transition overshadowed a major milestone in the company's transformation.
Weakening profitability overshadowed a major milestone in IRENβs transformation into an AI cloud provider.