Buy IREN by Dec 2, 2026.

**IREN moved on the Dell earnings read-through — could have more room** IREN was up 7.5% Wednesday and closed at $39.60, right near the high of the day. Volume picked up hard into the close, with roughly 10 million shares trading during the final hour. My guess is this was partly a sympathy move off Dell’s earnings. Dell reported huge AI-server demand and a $95B backlog. IREN has a roughly $1.6B agreement to buy Dell’s Nvidia Blackwell systems, so strong …