Streetbeat News

APLD

Applied Digital Corporation

https://www.applieddigital.com

Industry

Financial - Capital Markets

Applied Digital Corporation designs, develops, and operates datacenters in North America. Its datacenters provide digital infrastructure solutions to the performance computing industry. The company was formerly known as Applied Blockchain, Inc. and changed its name to Applied Digital Corporation in November 2022. Applied Digital Corporation was incorporated in 2001 and is based in Dallas, Texas.

Open

9.02

Mkt cap

1.9B

Volume

11M

High

9.41

P/E Ratio

-7.24

52-wk high

11.25

Low

8.82

Div yield

N/A

52-wk low

2.36

Applied Digital Corporation (APLD) is highlighted as a potential top stock pick for momentum investors. The article explores whether APLD has the characteristics to be a great momentum stock.

Portfolio Pulse from

December 09, 2024 | 12:00 pm

The article discusses the performance of Applied Digital Corporation (APLD) and Brookfield Asset Management (BAM) compared to their sector peers in the finance industry for the current year.

Portfolio Pulse from

December 06, 2024 | 4:00 pm

The post-election market shift has led to increased interest in small-cap technology stocks, with the Russell 2000 index outperforming the S&P 500. This trend presents opportunities for investors in smaller companies.

Portfolio Pulse from

December 02, 2024 | 12:30 pm

Nvidia has invested $71 million in smaller-cap AI stocks, indicating its strategic interest in the AI sector. This move could influence the market perception of these smaller companies.

Portfolio Pulse from

November 22, 2024 | 9:30 am

The article discusses affordable stocks under $10 that are favored by Wall Street analysts due to their improving earnings outlooks and strong Zacks Ranks.

Portfolio Pulse from

November 19, 2024 | 10:30 pm

Nvidia has invested in Applied Digital, a company focused on building infrastructure for the artificial intelligence market. This move highlights Nvidia's interest in expanding its AI capabilities and infrastructure support.

Portfolio Pulse from

November 19, 2024 | 1:30 pm

The article discusses the final trades of the day on CNBC's Fast Money, highlighting APLD, PLTR, GLD, and NDAQ as key stocks.

Portfolio Pulse from

November 19, 2024 | 12:00 am

ASTS, APLD, and PX have been identified as top momentum stocks by Zacks Rank #1 (Strong Buy) for November 15, 2024.

Portfolio Pulse from

November 15, 2024 | 4:30 pm

Zacks has added FHI, RJF, ASTS, APLD, and SPRO to its Rank #1 (Strong Buy) list as of November 15, 2024, indicating a positive outlook for these stocks.

Portfolio Pulse from

November 15, 2024 | 11:00 am

Shares of Applied Digital (APLD) surged over 4% in extended trading after Nvidia (NVDA) reported a stake in the company.

Portfolio Pulse from

November 14, 2024 | 11:30 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.