This week marked the start of earnings season with several major companies reporting results, including Delta Air Lines and PepsiCo, while the big banks like JPMorgan Chase, Citigroup, and Wells Fargo are set to report next week. Investors are closely watching these early reports for cues on the broader economic landscape amid ongoing uncertainties.
Applied Digital is poised for significant growth, with Q1 results highlighting underappreciated AI-driven data center expansion and a strong outlook. Applied's partnership with CoreWeave and rapid buildout at Polaris Forge sites support management's projection of $1B in annualized NOI within five years. Despite high financing costs, Applied's aggressive revenue growth and new customer negotiati...
Applied Digital's shares surged 26% on Friday after the data center service provider topped analysts' estimates for first-quarter revenue, bolstered by rising adoption of artificial intelligence applications.
Shares of Applied Digital Corp (NASDAQ:APLD) are 31.9% higher to trade at $38.62 this morning, after the cloud infrastructure company posted a fiscal first-quarter revenue beat and a quarterly loss of 3 cents per share, narrower than analyst expectations of -13 cents per share.
Applied Digital (APLD 16.59%) stock is racing higher heading into the weekend on the heels of the data center developer reporting first quarter 2026 financial results yesterday after the market closed.
Applied Digital stock leaped on Friday after the operator of data centers for artificial intelligence reported a big surge in revenue in its latest quarter.
Applied Digital Corp (NASDAQ: APLD) shares surged 28% in pre-market trading on Friday after the digital infrastructure provider reported better-than-expected financial results for its fiscal first quarter 2026 and revealed plans for a significant expansion of its data center capacity. Applied Digital's revenue for the quarter rose 84% year over year to $64.2 million, surpassing the analyst co...
Applied Digital (NASDAQ: APLD) rallied more than 20% this morning after posting blockbuster financials for its first quarter that came in well above Street estimates. The artificial intelligence (AI) infrastructure firm posted $64.
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