Blockchain stocks may be a better way to play the cryptocurrency market than directly engaging. These stocks are of companies that effectively integrate blockchain technology across multiple industries, offering a more diversified exposure to investors.  Moreover, you can also sidestep all the regulatory roadblocks, liquidity troubles, and tax implications that aren’t as clear with cryptocurrencies.Also, the growing excitement around Bitcoin’s (BTC-USD) upcoming halving event makes it an excellent time to g ...

Applied Digital (NASDAQ:APLD) stock is falling on Friday following the release of the data center company’s earnings report for its fiscal third quarter of 2024.The bad news for APLD stockholders starts with the company’s adjusted earnings per share of -24 cents. That’s much worse than the -7 cents per share that Wall Street was expecting. It’s also a significant setback compared to the -1 cent per share from the same period of the year prior.Also not helping matters is Applied Digital’s revenue of $43.35 m ...

Applied Digital Corporation (NASDAQ:APLD) Q3 2024 Results Conference Call April 11, 2024 5:00 PM ET Company Participants Alex Kovtun - IR, Gateway Group, Inc Wes Cummins - Chief Executive Officer David Rench - Chief Financial Officer Conference Call Participants Lucas Pipes - B. Riley George Sutton - Craig-Hallum Rob Brown - Lake Street Mike Grondahl - Northland Securities Darren Aftahi - ROTH John Todaro - Needham & Company Kevin Dede - H.C. Wainwright Operator Good afternoon, and welcome to Applied Digita ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________ FORM 10-Q ________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended February 29, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ and __________ Commission file number: 001-31968 ________________________ APPLIED DIGITAL CORPOR ...

Applied Digital Reports Fiscal Third Quarter 2024 Results DALLAS, TX – April 11, 2024 -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for HighPerformance Computing ("HPC") applications, cloud services ("Cloud services"), and datacenter hosting ("Datacenter hosting"), reported financial results for the fiscal third quarter ended February 29, 2024. The Company also provided an operational u ...

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 ...

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 ...

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. So ...

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 o ...

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 an ...