US Stocks See Sharp Moves Amid Earnings Reports and Strategic Partnerships

Iren Limited's shares surged 9.86% to close at $43.67 after Microsoft formally accepted the Horizon 1 data center handoff at its Childress, Texas facility.

This milestone marks a critical inflection point, converting the 50MW AI cloud deployment into a revenue-generating asset under the five-year, $9.7 billion cloud services agreement announced in November 2025.

Iren can begin monthly invoicing once Microsoft completes its five-day window to test each GPU deployment.