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IREN Ltd. is a vertically integrated data center business powering the future of Bitcoin, AI and beyond with renewable energy. It is strategically located in renewable-rich, fiber-connected regions across the US and Canada. IREN’s large-scale, grid-connected facilities are purpose-built for the next generation of power-dense computing applications. The company was founded by Daniel Roberts and William Roberts on November 6, 2018, and is headquartered in Sydney, Australia.

IREN Ltd.

IREN Limited

A post-earnings selloff is driving attention, with traders focused on the revenue and loss miss, mining-hardware write-downs, heavy AI-infrastructure spending, and potential debt or dilution. Bulls argue the weakness overlooks IRENs accelerating AI Cloud transition, signed customer contracts, and largely contracted future capacity, while skeptics question management clarity and execution.

Marvell Technology, Inc. engages in the design, development, and sale of integrated circuits. Its products include data processing units, security solutions, automotive, coherent DSP, DCI optical modules, ethernet controllers, ethernet PHYs, ethernet switches, linear driver, PAM DSP, transimpedance amplifiers, fibre channel, HDD, SSD controller, storage accelerators, ASIC, and Marvell government solutions. It operates through the following geographical segments: United States, Singapore, Israel, India, China, and Others. The company was founded by Wei Li Dai and Pantas Sutardja in 1995 and is headquartered in Wilmington, DE.

Marvell Technology Inc

A post-earnings selloff is driving attention: despite a quarterly beat and higher multi-year outlook, investors focused on softer near-term gross margins and the fact that much of the Google custom-AI deals revenue is expected later, leaving elevated expectations unmet. Traders are split between viewing the decline as an overvaluation reset and buying opportunity, or as evidence that the AI-fueled rally had moved too far ahead of fundamentals.

NVIDIA Corp. engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software. It operates through the following segments: Graphics Processing Unit (GPU) and Compute & Networking. The Graphics segment includes GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, Quadro and NVIDIA RTX GPUs for enterprise workstation graphics, virtual GPU, or vGPU, software for cloud-based visual and virtual computing, automotive platforms for infotainment systems, and Omniverse Enterprise software for building and operating metaverse and 3D internet applications. The Compute & Networking segment consists of Data Center accelerated computing platforms and end-to-end networking platforms including Quantum for InfiniBand and Spectrum for Ethernet, NVIDIA DRIVE automated-driving platform and automotive development agreements, Jetson robotics and other embedded platforms, NVIDIA AI Enterprise and other software, and DGX Cloud software and services. The company was founded by Jen Hsun Huang, Chris A. Malachowsky, and Curtis R. Priem in April 1993 and is headquartered in Santa Clara, CA.

NVIDIA Corp

A post-earnings pullback despite strong guidance is driving attention, with traders attributing the weakness to hawkish Federal Reserve signals from Kevin Warsh and Friday options positioning. Bulls view it as profit-taking and a buying opportunity, while bears question Nvidias valuation, circular financing, and the sustainability of AI-capex demand.

Applied Digital Corp. is a technology company, which engages in the provision of development and operation of data centers which provide computing power. It operates through the Data Center Hosting Business and HPC Hosting Business segments. The Data Center Hosting Business segment provides energized infrastructure services to crypto mining customers. The HPC Hosting Business segment focuses on the designing, constructing, and operating data centers tailored to support high power density applications like HPC and AI. The company was founded by Wesley Carl Cummins and Jason Zhang in May 2001 and is headquartered in Dallas, TX.

Applied Digital Corporation

NVIDIAs strong AI and data-center outlook is renewing debate over whether demand for infrastructure will lift Applied Digital, while traders await a company PR or RFS milestone to validate its contracted capacity and execution. The reaction remains mixed, with bullish holders citing backlog and sector tailwinds, while others point to macro pressure, weak price action, and continued sympathy trading with IREN and other data-center stocks.

Fermi, Inc. engages in the development of energy infrastructure. It intends to develop an energy and data center development campus to support the needs of to-be-built AI infrastructure. The company was founded by Rick Perry, Toby Neugebauer and Griffin Perry on January 10, 2025 and is headquartered in Amrillo, TX.

Fermi Inc

Fermi LLC

Fermis binding long-term TensorWave lease for Project Matador, alongside a Hillcore power-development alliance and new CEO, has focused attention on its AI data-center and power strategy. Traders remain divided: bulls view the agreements as commercial validation and a potential setup for further tenant news, while skeptics point to the still-unidentified guarantor, pre-revenue status, financing needs and execution risk behind the weak price reaction.

DraftKings, Inc. is a digital sports entertainment and gaming company, which engages in the provision of online sports betting, online casino, daily fantasy sports product offerings, DraftKings Marketplace, retail sportsbook, media, and other consumer product offerings. The company was founded by Jason D. Robins, Matthew Kalish, and Paul Liberman on December 31, 2011 and is headquartered in Boston, MA.

DraftKings Inc. - Ordinary Shares - Class A

DraftKings Inc

A Ninth Circuit ruling that states can enforce gambling laws against sports-related prediction contracts is driving attention, with traders viewing the decision as a potential competitive and regulatory win for DraftKings versus Kalshi and other prediction-market platforms. Some community members remain cautious, noting that broader state restrictions could also limit DraftKings prediction-market reach and leave the legal outlook uncertain.

Rocket Lab Corp. engages in the development of rocket launch and control systems for the space and defense industries. It operates through the Launch Services and Space Systems segments. The Launch Services segment provides launch services to customers on a dedicated mission or ride-share basis. The Space Systems segment consists of spacecraft engineering and design services, spacecraft components, spacecraft manufacturing, and on-orbit mission operations. The company was founded by Peter Beck in 2006 and is headquartered in Long Beach, CA.

Rocket Lab Corp.

Rocket Lab USA Inc

SpaceXs FCC scrutiny of Rocket Labs proposed Iridium acquisition has focused attention on merger-related regulatory risk, spectrum disputes, and the deals share-exchange mechanics. Traders are divided between viewing the acquisition as a strategic expansion into satellite communications and worrying about approval uncertainty, dilution, and ongoing weakness tied to Neutron delays and broader space-sector selling.

SoFi Technologies, Inc. is a financial service platform, which engages in the provision of student loan refinancing options to the private student loan market. It operates through the following segments: Lending, Technology Platform, and Financial Services. The Lending segment offers personal loans, student loans, home loan products, and related servicing activities. The Technology Platform segment focuses on technology products and solutions revenue. The Financial Services segment includes the SoFi Money product, SoFi Invest product, SoFi Credit Card product, SoFi Relay personal finance management product, and other financial services. The company was founded in April 2011 and is headquartered in San Francisco, CA.

SoFi Technologies Inc

Hawkish Federal Reserve/Jackson Hole commentary and rising rate-hike expectations are driving the immediate selloff, with traders also citing options-related selling and repeated resistance near the $19 level. Bulls view the decline as a macro-driven shakeout and buying opportunity, while bears expect further downside; potential S&P 500 inclusion and a Visa partnership remain speculative future catalysts.

Navitas Semiconductor Corp. engages in the development of ultra-efficient gallium nitride (GaN) semiconductors. Its GaN power ICs integrate GaN power with drive, control and protection to enable charging, power density, and energy savings for mobile, consumer, enterprise, eMobility and new energy markets. The company was founded by Daniel Kinzer, Nick Fichtenbaum, Gene Sheridan, and Jason Zhang on August 12, 2020 and is headquartered in Torrance, CA.

Navitas Semiconductor Corp

Quarterly results are driving attention after a revenue beat was overshadowed by a wider loss, limited realized AI revenue, and concerns about the lack of awarded hyperscaler contracts and potential dilution. Bulls remain focused on Navitas AI data-center power strategy and Claros acquisition, while bears question valuation, execution, and ongoing legal risks.

Boost Run, Inc. is a provider of scalable cloud infrastructure purpose-built for enterprise AI and high-performance computing workloads. The platform delivers GPU compute, CPU nodes, managed Kubernetes orchestration, and shared storage through an intuitive management console and a robust API layer, enabling organizations to provision and scale resources across thousands of nodes in minutes. The company was founded on September 5, 2025 and is headquartered in Northbrook, IL.

Boost Run Inc. - Ordinary Shares - Class A

Boost Run Inc.

Reports that NVIDIA may pause or restrict an AI-cloud financing and GPU-lease program triggered a sharp selloff across neocloud stocks, including BRUN; NVIDIA reportedly denied the claims, leading some traders to call the move headline-driven or algorithmic while others questioned GPU demand. Ongoing warrant-redemption dilution and broader rate-driven weakness are adding to volatility.

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2023 ETF Series Trust - Harrison Street Infrastructure Active ETF

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The S&P 500 ($SPY) is headed towards a positive week. What do you think the index's return will look like next week? Vote and explain your reasoning in the comments.

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Current Price	$26.46
Prev Close	$26.76
Open	$26.46
Dividend Yield	N/A
50-Day Moving Average	$26.84
Beta	N/A
Avg. Volume	58.69
PE Ratio	N/A

52-Week High	$27.81
52-Week Low	$25.00
Market Capitalization	N/A
EPS (Annual)	N/A
Price to Book	N/A
Revenue Per Employee	N/A

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