IREN Stock Rally Sends Leveraged ETFs Up 40% - IREN (NASDAQ:IREN)
IREN stock surged, driving leveraged ETFs like IREX, IRE, and IREG up nearly 40% after IREN raised its 2026 AI Cloud revenue target to over $4 billion and disclosed $2.8 billion in multi-year contracts. The ETFs aim for 200% of IREN's daily return.
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