Applied Digital stock surged over 30% Thursday after delivering a better-than-expected Q4 and expanding its AI infrastructure lease with CoreWeave.

Applied Digital's stock soared as CoreWeave significantly expanded its computing lease amid booming demand from AI giants.

Applied Digital's big rally this week stemmed from posting its report for the fourth quarter of its last fiscal year, which ended May 31. In addition to posting better-than-expected results for fiscal ...

Watch Our Recent Segment on Investing in Neocloud Stocks In a recent AI Investor podcast episode, hosts Austin and 24/7 Wall St. Analyst Eric Bleeker analyzed investment opportunities in the rapidly ...

Shares of Applied Digital (NASDAQ:APLD) surged about 34% on Thursday after fourth quarter results beat estimates and it provided an operational update. Applied Digital said that partner CoreWeave ...

Buying Applied Digital stock on the day of its IPO could have allowed investors to more than triple their initial investment.

Leased Datacenter Capacity: Applied Digital will lease 250 megawatts (MW) of power capacity to CoreWeave. This will take place at Applied Digital's datacenter campus in Ellendale, North Dakota.

We recently published 10 Stocks Surprise With Double-Digit Gains; 4 Hit Record Highs. Applied Digital Corp. (NASDAQ:APLD) is one of the companies that stood stronger last week. Applied Digital ...

Applied Digital will provide 250 megawatts of critical IT load for CoreWeave. The campus is designed to host 400 MW of load. The lease covers two data cell blocks, one 100 MW and one 150 MW, and ...

Nvidia-backed CoreWeave climbed about 8% following the announcement. Applied Digital said it expects $7 billion in rental revenue during the approximately 15-year period. The price is set upfront ...

The CoreWeave deal boosts Applied Digital's credibility and signals to investors that its strategic bet on AI infrastructure is gaining traction. The multi-billion-dollar agreement with CoreWeave ...