Streetbeat News

APLD

Applied Digital Corporation

Industry

Information Technology Services

Applied Digital Corporation designs, develops, and operates digital infrastructure solutions and cloud services high-performance computing (HPC) and artificial intelligence industries in North America. It operates through three segments: Data Center Hosting Business, Cloud Services Business, and HPC Hosting Business. The company offers infrastructure services to crypto mining customers; and GPU computing solutions for critical workloads related to AI, machine learning, and other HPC tasks. It also engages in the designing, constructing, and managing of data centers to support HPC applications. The company was formerly known as Applied Blockchain, Inc. and changed its name to Applied Digital Corporation in November 2022. Applied Digital Corporation is based in Dallas, Texas.

Open

10.37

Mkt cap

2.4B

Volume

64M

High

12.48

P/E Ratio

-5.61

52-wk high

12.48

Low

10.32

Div yield

N/A

52-wk low

2.36

The article suggests that investing in companies within the growing data center market, particularly those involved with artificial intelligence, could yield significant returns over the next five years. It implies that APLD might be one of these promising stocks.

Portfolio Pulse from

February 23, 2025 | 10:45 am

Applied Digital's stock is experiencing significant gains, with a 12.7% increase in share price as of 10:15 a.m. on Friday.

Portfolio Pulse from

February 14, 2025 | 8:00 pm

Nvidia shares plummeted 17% after Chinese AI company DeepSeek unveiled a chatbot rivaling OpenAI's capabilities, causing a massive sell-off and erasing nearly $600 billion in market value.

Portfolio Pulse from

January 29, 2025 | 11:15 am

The AI revolution, highlighted by the emergence of ChatGPT, has significantly impacted the stock market. Companies like Nvidia, Microsoft, and Broadcom have seen substantial returns due to their involvement in AI infrastructure.

Portfolio Pulse from

January 24, 2025 | 12:45 pm

Applied Digital's stock has risen by 6% in a week due to expanding data center capacity, which supports revenue growth. However, concerns about its stretched valuation remain.

Portfolio Pulse from

January 21, 2025 | 6:00 pm

Applied Digital's Q2 fiscal 2025 earnings fell short of estimates, although revenues were in line. The company benefited from increased demand in its Cloud Services and Data Center Hosting business. Despite this, shares fell following the earnings report.

Portfolio Pulse from

January 15, 2025 | 4:00 pm

The article discusses the potential impact of the AI revolution on the global economy, highlighting a McKinsey & Co report that estimates generative AI could add $2.6 trillion to $4.4 trillion in annual value. It suggests that investors should consider AI stocks for 2025.

Portfolio Pulse from

January 15, 2025 | 1:30 pm

Applied Digital reported Q2 FY25 earnings, revealing delays in signing a customer for its 100MW data center in Ellendale, which has been ongoing for over a year. This raises concerns about management's execution ability, despite skewed EBIT profitability due to changes in D&A assumptions.

Portfolio Pulse from

January 15, 2025 | 1:00 pm

Applied Digital Corporation (NASDAQ:APLD) held its Q2 2025 earnings call on January 14, 2025. The call featured company executives and analysts from various financial institutions.

Portfolio Pulse from

January 15, 2025 | 12:45 am

Applied Digital Corporation (APLD) reported a Q2 loss of $0.66 per share, which was significantly higher than the Zacks Consensus Estimate of a $0.14 loss. However, the company exceeded revenue expectations.

Portfolio Pulse from

January 14, 2025 | 11:30 pm

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