Iren Limited (NASDAQ:IREN), a vertically integrated AI cloud and data center operator, closed at $34. 80, down 1. 11%. Shares moved after early morning reports that Anthropic signed a multiyear cloud services agreement with Iren. Investors are watching AI infrastructure demand and funding needs to see if AI cloud capacity sales will maintain momentum. Trading volume reached 48. 5 million shares, coming in nearly 13% above its three-month average of 43. 0 million shares. Iren IPO'd in 2021 and has grown 42% since going public. The S&P 500 (SNPINDEX:^GSPC) slipped 0. 06% to 7,807, while the Nasdaq Composite (NASDAQINDEX:^IXIC) fell 0. 44% to 27,246.
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