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Applied Digital Reschedules Fiscal Third Quarter 2024 Earnings Conference Call to Thursday, April 11, 2024 at 5:00 p.m. Eastern Time
GlobeNewsWire· 2024-04-10 04:33
DALLAS, April 09, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder and operator of next-generation digital infrastructure designed for High-Performance Computing (“HPC”) applications, today announced that, in light of a scheduling issue, has moved its fiscal third quarter 2024 earnings conference call to Thursday, April 11, 2024, at 5:00 p.m. Eastern time. Financial and operational results for the fiscal third quarter ended Februar ...
3 AI Data Center Stocks That Are About to Go Parabolic
InvestorPlace· 2024-04-10 01:42
Artificial intelligence and data centers go hand-in-hand these days. As companies generate more data and rely on complex algorithms, they need robust infrastructure to store and process all that information efficiently. However, pure-play data center stocks with AI exposure are tricky to find. The data center industry has seen tremendous consolidation lately. Many promising players were acquired by tech giants over the last decade. Big tech companies now own massive data centers to support their AI needs. S ...
Wall Street Favorites: 3 Blockchain Stocks With Strong Buy Ratings for April 2024
InvestorPlace· 2024-04-09 04:31
There are some blockchain stocks that every investor should have on their radars. These companies are strong contenders in the blockchain space, and I think they are an alternative to investing directly in cryptocurrencies such as Bitcoin (BTC-USD). One of the great things about these blockchain stocks for those who like to take risky positions is that they offer the potential for significant upside. The blockchain and cryptocurrency sectors have seen immense growth and volatility in recent years, creating ...
Is It Worth Investing in Applied Digital Corporation (APLD) Based on Wall Street's Bullish Views?
Zacks Investment Research· 2024-04-03 22:31
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about Applied Digital Corporation (APLD) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Applied Digital Corporation currently has ...
Applied Digital Corporation (APLD) Rises Higher Than Market: Key Facts
Zacks Investment Research· 2024-03-20 07:05
Applied Digital Corporation (APLD) closed the most recent trading day at $4.28, moving +0.94% from the previous trading session. The stock outperformed the S&P 500, which registered a daily gain of 0.57%. Elsewhere, the Dow gained 0.83%, while the tech-heavy Nasdaq added 0.39%. Coming into today, shares of the company had lost 12.4% in the past month. In that same time, the Finance sector gained 2.81%, while the S&P 500 gained 2.97%. Market participants will be closely following the financial results of App ...
Applied Digital Announces Agreement to Sell Garden City Campus to Marathon Digital Holdings
Newsfilter· 2024-03-15 20:00
• Divestiture Reflects Strategy to Focus on Strategic HPC Sites in North Dakota • Redirects Resources and Strengthens Balance Sheet DALLAS, March 15, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (NASDAQ:APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing ("HPC") applications, today announced that it has entered into a definitive agreement to sell its 200 megawatt ("MW") campus in Garden City, ...
Applied Digital Secures Contract with AI Customer, Together AI
Newsfilter· 2024-03-14 20:00
• Together AI will utilize Applied Digital's dynamic computing ecosystem, featuring H100 GPUs and NVLink technology. • Applied Digital's robust infrastructure aligns with Together AI's commitment to innovation, seeking to meet the surging demands of AI and HPC markets. DALLAS, March 14, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (NASDAQ:APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing ("H ...
Applied Digital Provides Update on Anchor Tenant at Ellendale HPC Facility
Newsfilter· 2024-03-08 21:05
DALLAS, March 08, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (NASDAQ:APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing ("HPC") applications, announced today it has extended the original 45-day negotiation period announced in January on the conditional agreement with an anchor tenant to provide datacenter capacity at its Ellendale, North Dakota campus until March 30, 2024. The conditional a ...
Applied Digital Completes Financing for Jamestown HPC Data Center Campus
Newsfilter· 2024-03-05 21:05
DALLAS, March 05, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (NASDAQ:APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing ("HPC") applications, today announced the Company has closed a previously secured loan agreement with The Bank of North Dakota and Cornerstone Bank for $16 million in site-level financing for its 10MW Jamestown HPC data center campus. The Company intends to use the loan, w ...
Applied Digital Corporation (APLD) Stock Sinks As Market Gains: Here's Why
Zacks Investment Research· 2024-02-23 08:01
股价表现 - Applied Digital Corporation (APLD) 在最新的市场收盘中,股价为 $4.33,较前一天下跌了 -1.37% [1] - 公司股价在过去一个月中下跌了 8.16%,而金融部门和标普500指数则分别上涨了 3.61% 和 3.08% [2] 财务预测 - 投资者将密切关注Applied Digital Corporation即将发布的财报,预计每股收益为 -$0.06,同比增长25%,预计营收为 $63.84 百万美元,同比增长353.09% [3] - Zacks Consensus Estimates 预测公司全年每股收益为 -$0.32,营收为 $236.66 百万美元,同比增长分别为 +34.69% 和 +327.24% [4]