BUZZ - IREN stock rises, boosted by news of a multi-year cloud services agreement with Anthropic

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October 12 - ** Data center operator IREN Ltd (IREN.O) shares rose 3.2% to $36.3

** According to The Information (link), citing sources familiar with the matter, artificial intelligence lab Anthropic has reached a yet-to-be-announced multi-year cloud services agreement with IREN

** IREN has not immediately responded to Reuters’ request for comment

** Chief Executive Officer Daniel Roberts stated during the August 27 fourth-quarter earnings call that the company has signed a new multi-year cloud services contract with a leading advanced artificial intelligence lab

** Out of 18 brokers, 15 rate the stock as “buy” or higher, and 3 rate it as “hold”; the median target price is $80

** Including today’s performance, the stock is down 4.2% year to date

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