BUZZ-SharonAI down; signs $1.32 billion cloud computing services deal

SharonAI Holdings, Inc. Class A

SharonAI Holdings, Inc. Class A

SHAZ

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Updates

** Shares of Australia-based neocloud firm SharonAI SHAZ.O fall 3.8% to $68.6

** Co signs $1.32 billion five-year cloud computing services agreement with a global AI lab

** SharonAI expects to deploy cloud computing infrastructure across data centers in New Zealand

** Co says revenue from the contract is expected to begin in the first and second quarters of 2027

** SHAZ has risen more than 100% since going public in February


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