Raised AI cloud recurring revenue target
Company: IREN
The claim, verbatim
IREN management has raised its recurring revenue target for the AI cloud business.
Source (primary)
Applied Digital vs. IREN: Which Technology Stock Is a Better Buy for 2027? - The Motley Fool (-, news_article)
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Quote: “its AI cloud business is growing fast and management has raised its recurring revenue target”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms Applied Digital vs. IREN: Which Technology Stock Is a Better Buy for 2027? - The Motley Fool
Quote: “its AI cloud business is growing fast and management has raised its recurring revenue target”