Pre-Market Moves: IREN & Amazon Slump on Earnings, Bitcoin Stocks Like MSTR Rebound

In pre-market trading, shares of IREN (Iris Energy) and Amazon (AMZN) are facing downward pressure following their latest earnings reports. The weaker-than-expected financial results have prompted investor caution, dragging both stocks lower. Conversely, stocks with significant exposure to bitcoin are showing a notable rebound. Companies like MicroStrategy (MSTR), a major corporate holder of bitcoin, are trading higher as the cryptocurrency itself recovers from recent dips. This divergence highlights the current market focus on corporate performance versus momentum in the digital asset space. Traders are closely watching these pre-market movements for signals ahead of the regular trading session.