Applied Digital Corporation (APLD) is set to report its second-quarter fiscal 2025 results on Jan. 14. The Zacks Consensus Estimate for second-quarter fiscal 2025 revenues is pegged at $63.65 million, indicating year-over-year growth of 50.83%. The consensus mark for loss is pegged at 14 cents per share, unchanged over the past 30 days. APLD reported a loss of 10 cents per share in the year-ago quarter. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. Let's see how things are shaping ...

Investment Strategy - The investor manages a family portfolio primarily through a Self Managed Super Fund, focusing on generating alpha potential compared to the S&P 500 [1] - The investment approach is generalist, exploring and analyzing any sector with perceived alpha potential, with holding periods ranging from a few quarters to multiple years [1] - The investor encourages readers to evaluate performance based on the success of recommendations, which serves as a proxy for genuine investing and alpha-generating skill [1] Portfolio and Positions - The investor holds a beneficial long position in VOO through stock ownership, options, or other derivatives [2] - The investor plans to build a starter position in APLD within the next 72 hours [2]

Executive Appointment - Applied Digital Corporation appoints Laura Laltrello as Chief Operating Officer (COO) to strengthen its leadership in next-generation data centers and digital cloud solutions at the forefront of the AI revolution [1] - Laura Laltrello brings nearly 20 years of executive leadership experience, expertise in data center operations, building technologies, and large-scale infrastructure projects [2] - The appointment is expected to enhance the company's strategic vision execution and operational alignment with long-term objectives [3] Laura Laltrello's Background - Most recently, Laura Laltrello served as Vice President and General Manager of Building Automation Services at Honeywell International Inc [3] - She has a proven track record in operations, strategic execution, and profit management, having led transformative projects for global technology leaders [3] - Laura Laltrello holds a Bachelor of Applied Science degree in Applied Mathematics: Operations Research and Economics from Clemson University and completed the Executive Leadership Program at the International Institute for Management Development [3] Employment Inducement Award - Laura Laltrello was granted 600,000 time-based restricted stock units (RSUs) as part of her employment inducement award, with an effective grant date of January 6, 2025 [4] - The RSUs will vest over a three-year period, subject to continuous employment on each applicable vesting date [4] - The award was approved by the company's Board of Directors on December 27, 2024, and granted outside of the company's equity incentive plan in accordance with Nasdaq Rule 5635(c)(4) [5] Company Overview - Applied Digital Corporation develops, builds, and operates next-generation data centers and cloud infrastructure, specializing in accelerated compute, secure and scalable digital hosting, and GPU-as-a-Service solutions [6] - The company's purpose-built facilities are designed to support AI/ML, blockchain, and high-performance computing (HPC) workloads, backed by deep hyperscale expertise and a robust pipeline of available power [6]

Applied Digital Corporation (APLD) shares have appreciated 47.9% in the past six months, outperforming the broader Finance sector’s return of 15.6% and the Zacks Financial Miscellaneous Services industry’s appreciation of 3.9%. This builder and operator of next-generation digital infrastructure designed for High-Performance Computing (HPC) applications, cloud services, and data center hosting has been benefiting from strong top-line growth.In first-quarter fiscal 2025, revenues jumped 67% year over year to ...

DALLAS, Dec. 19, 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, will host a conference call on Tuesday, January 14, 2025, at 5:00 p.m. Eastern Time to discuss its operations and financial results for the fiscal second quarter ended November 30, 2024. A press release detailing these results will be issued after the m ...

ELLENDALE, N.D., Dec. 17, 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 a major milestone in the development of its purpose-built HPC data center in Ellendale, N.D., with the successful energization of its on-site main substation transformer. This milestone signals the facility's progression into the ...

The post-election market shift has created compelling opportunities in small-cap technology stocks. The Russell 2000 index has gained 7.8% since the election, compared with just 4.4% for the S&P 500, indicating renewed investor interest in smaller companies after years of large-cap dominance.This rotation toward small-caps comes at an opportune time for innovative technology companies overlooked during the artificial intelligence (AI) boom. While megacap tech stocks trade at premium valuations, many promisi ...

Nvidia (NVDA 0.54%) is reporting tremendous demand for its graphics processing units (GPUs). It supplies these chips for gaming, data centers, automotive, and artificial intelligence (AI) researchers. All that demand is generating plenty of excess revenue for Nvidia and the company is looking for ways to put that money to good use. One way Nvidia capitalizes on these added funds is by making strategic investments in companies that help spread the adoption of its products. Nvidia's third-quarter 13F filing s ...

Wall Street bulls held their ground at the Nasdaq’s 21-day moving average to start a week that includes earnings reports from Nvidia, Walmart, Target, and other tech and economic bellwethers.See the Zacks Earnings Calendar to stay ahead of market-making news. The bulls appear in control of the stock market as they focus on earnings growth, and the likelihood of lower corporate taxes and less red tape during a second Trump term.CNN’s Fear and Greed Index (a contrarian stock market indicator) is sitting at Ne ...

Applied Digital is bringing up infrastructure for the artificial intelligence market. In today's video, I discuss recent updates affecting Applied Digital (APLD 7.19%), a company Nvidia (NVDA -1.29%) just invested in. To learn more, check out the short video, consider subscribing, and click the special offer link below. *Stock prices used were the after-market prices of Nov. 15, 2024. The video was published on Nov. 16, 2024. ...