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Applied Digital stock surged over 30% Thursday after delivering a better-than-expected Q4 and expanding its AI infrastructure lease with CoreWeave.
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 ...
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 ...
Applied Digital surged after CoreWeave expanded its AI computing lease, pushing the total contract value to $11 billion. The lease announcement prompted analysts at Citizens to raise APLD's price ...
Buying Applied Digital stock on the day of its IPO could have allowed investors to more than triple their initial investment.
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 ...
Applied Digital's data centers are unique in that they focus on AI uses. It's what landed them an upgraded $11B CoreWeave ...
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 ...
CoreWeave Inc (NASDAQ:CRWV) and Applied Digital Corp (NASDAQ:APLD) and trending on Wednesday and seeing increased investor attention on social platforms. Here's a look at what's going on.
CRWV CoreWeave Inc $125.08 -9.55 % Applied Digital Corp APLD shares are trading higher again on Tuesday on what appears to be continued momentum following the company’s deal with CoreWeave Inc CRWV ...
Applied Digital Corp. has secured two major lease agreements with AI infrastructure giant CoreWeave. The leases are expected to bring in $7 billion in revenue over 15 years.
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 ...