Applied Digital stock skyrockets 13% on $5.00 billion investment
Applied Digital has a median price target of $11 per share, which is 26% higher than the current price. While not yet profitable, the company is heading in that direction and this Macquarie funding will allow it to improve its balance sheet, as well as invest.
Australia's Macquarie to invest up to $5 bln in Applied Digital data centers
Australia's Macquarie on Tuesday agreed to take a 15% stake in Applied Digital's high-performance computing business and invest up to $5 billion in the company's artificial intelligence data centers amid booming AI demand.
The company's stock closed nearly 10% higher on Tuesday after Australia's Macquarie announced it would invest up to $5 ...
Applied Digital reports fiscal second-quarter financial results after the market close on Tuesday. Here's a look at the key ...
Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure ...
Total revenues in the fiscal second quarter 2025 were $63.9 million, up 51% from the fiscal second quarter 2024. The growth was primarily driven by the continued expansion of the Company’s Cloud ...
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