Markets
IREN Budgets $25 Billion To $30 Billion For Its AI Build-Out — More Than Its Entire $13.9 Billion Market Value
IREN stock has plunged 54% from highs earlier this year.
Jonathan Ponciano
Editor @TheBullished. Ex-Forbes reporter/editor, UNC Chapel Hill, Columbia MBA. Bringing smart coverage and analysis to every corner of the stock market.
Insider Trades
Arista CEO Jayshree Ullal's Trusts Sold $21.1 Million Of Stock Under A Plan Set In November 2025
A Form 4 shows three trust accounts sold 96,992 shares on Wednesday, the fourth sale in her five latest filings.
Deals
Bambusa Files For Nasdaq IPO With $41.1 Million Loss, No Revenue And A Going-Concern Warning
The Boston antibody developer's S-1 leaves price and share count blank and says $71.5 million in cash may not last a year.
Deals
Standard BioTools Holders Would Own About 16% Of Treeline Combination, Amended S-4 Shows
The second amended filing sets an exchange ratio range, a 12-seat board and a $2.5 billion Treeline value against $460 million for Standard BioTools.
SEC Filings
EU Names Eldorado Gold's Skouries Mine A Strategic Project, Backing A $2 Billion-Plus Greek Copper Build
The European Commission picked the Greek copper-gold mine under its Critical Raw Materials Act, the company said in a statement.
SEC Filings
AutoZone Director Claire McDonough Will Leave The Board In 2026 Over A Calendar Clash, Not A Dispute
McDonough told AutoZone's board she will not stand for reelection after taking a new executive job whose calendar conflicts with board meetings.
SEC Filings
Integra Prices $450 Million Of 9.500% Notes, Expects Rate Increase Near High End Of 100-200 Basis Point Range
The refinancing is expected to raise Integra's effective interest rate near the top of the range management flagged earlier.
SEC Filings
Sidus Space Audit Chair And Another Director Resign Same Day, And The Company Disputes Both Letters
An 8-K shows Tiffany Norwood and Kelle Wendling left the board Tuesday; Sidus Space says it disagrees with their letters.
SEC Filings
Live Nation Prices $730 Million And €600 Million Of Notes To Pay Off 6.500% Debt
Live Nation says swaps on its dollar notes put the blended rate at about 5.89%, against 6.500% on the 2027 notes it will redeem.
Deals
Crescent Energy Prices 80 Million Shares At $12.50 To Help Fund Devon Eagle Ford Purchase
A KKR-affiliated holder agreed to buy 40 million shares, and underwriters took up their full 12 million-share option on Friday.
SEC Filings
Fairmount-Linked Holders Of 9.99% Of Spyre Therapeutics Agree To 60-Day Lock-Up After Offering
Amendment No. 8 to a Schedule 13D reports the lock-up only; the holders did not buy shares and their position is unchanged since June.
Insider Trades
Dolan Reports 100 MSGS Spinco Shares, All Held Indirectly, As Spinoff Registration Takes Effect
James Dolan's Form 3 lists 100 shares held through Madison Square Garden Sports and its subsidiaries, and he disclaims ownership.