According to @CNBC, U.S. families could face higher electric bills if the AI data center boom goes bust, as utilities that expanded generation and grid capacity for AI demand may recoup costs from ratepayers when usage falls (source: @CNBC). For traders, @CNBC’s report highlights stranded-asset and regulatory risk for utilities with large AI-linked capex and long-term power contracts tied to data center growth (source: @CNBC). The electricity pricing risk flagged by @CNBC is directly relevant to power-intensive operations, including Bitcoin mining (BTC), where higher retail and wholesale rates can compress margins and affect positioning (source: @CNBC).

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.