IREN’s AI Pivot Wins JPMorgan’s Vote While MARA’s ‘Capital-Light’ Strategy Gets A Double Downgrade
JPMorgan’s vertically integrated AI infrastructure gives it a more direct path to monetizing its power capacity, in contrast to MARA’s partner-led data center approach, according to the bank. JPMorgan sees roughly 48% upside for IREN stock, calling it a “top-tier” neocloud provider. The bank, however, double-downgraded MARA from overweight to underweight, referring to its ‘capital-light … Read more