According to @stocktalkweekly, JPMorgan downgraded IREN to Underweight from Neutral with a 24 price target, stating shares appear to price in an over 1 GW colocation deal that would require record-scale capital expenditure exceeding 10 billion dollars and creates more downside risk than upside near term, source: JPMorgan research note via @stocktalkweekly. JPMorgan notes IREN remains a leading BTC mining operator with attractive power contracts and fleet efficiency, and outlines milestones including a Cloud Services unit with about 23,300 GPUs targeted to be fully energized by Q1 2026, a 1.4 GW site expected online in April 2026, and energization of the first 75MW HPC data center, Horizon 1, source: JPMorgan research note via @stocktalkweekly. For traders, the rating and target frame valuation headwinds versus capacity catalysts across BTC mining and AI/HPC colocation, making execution on GPUs, the 1.4 GW site, and Horizon 1 the key near-term checkpoints, source: JPMorgan research note via @stocktalkweekly.

According to Stock Talk (@stocktalkweekly), Hertz Global ($HTZ) has been reiterated at 'Sell' by Goldman Sachs with a $3.00 price target and at 'Underweight' by JPMorgan following a significant $200 million revenue miss. Goldman Sachs emphasized that the 8% reduction in Hertz's fleet size directly impacted revenue, signaling potential ongoing operational challenges. For crypto traders, this underperformance in traditional equities could drive increased interest in digital assets as investors seek alternative growth opportunities (source: Stock Talk on Twitter, May 14, 2025).