Group 1 - Broadstone Net Lease, Inc. (BNL) is a notable stock in the Finance sector, currently ranked 2 within the Zacks Sector Rank, which evaluates 16 different sector groups [2][3] - The Zacks Rank system indicates that BNL has a favorable earnings outlook, with a current Zacks Rank of 2 (Buy) [3] - Over the past 90 days, the Zacks Consensus Estimate for BNL's full-year earnings has increased by 0.5%, reflecting improved analyst sentiment [4] Group 2 - BNL has achieved a year-to-date return of approximately 12.2%, outperforming the average gain of 11.1% for Finance stocks [4] - BNL belongs to the REIT and Equity Trust - Residential industry, which has seen an average loss of 8.9% this year, indicating BNL's superior performance [6] - In comparison, another Finance stock, Applied Digital Corporation (APLD), has significantly outperformed the sector with a year-to-date return of 106.4% [5][7]

Core Insights - Applied Digital has transitioned from a specialized data center business to a key player in the AI infrastructure sector, with its stock more than doubling in 2023 [2][3] - The company secured a significant lease agreement with CoreWeave valued at approximately $7 billion over 15 years, which triggered a stock rally of over 100% in one week [3] - Macquarie Asset Management announced an investment of up to $5 billion in Applied Digital, including an immediate commitment of $900 million, enhancing the company's capital and credibility [3] Financial Performance - In the latest quarter, Applied Digital reported revenues of $38 million, slightly exceeding expectations, and a narrower-than-expected loss of $0.03 per share [4] - The company is positioned to benefit from the projected $381 billion investment in AI-related capital expenditures by major tech firms like Microsoft, Amazon, and Meta by 2025 [4] Future Developments - The upcoming Polaris Forge 2 campus in North Dakota represents a $3 billion project with 280 megawatts of capacity, set to break ground in September 2025 and begin operations in early 2027 [5] - If Applied Digital can secure tenants before the campus completion, it may lead to another significant increase in stock value [5] - The company faces challenges related to capital intensity and competition but is strategically positioned to capitalize on the growing demand for AI infrastructure [5][6]

Trading Platform & Instrument - Applied Digital Corp (APLD) 的股票期货现已在 MEXC 上线 [1] - MEXC 提供 APLD 的股票期货交易，交易代码为 $APLDUST [1] Trading Benefits - MEXC 提供最低的交易费用 [1] - MEXC 提供深度流动性 [1] - MEXC 提供高达 5 倍的杠杆 [1]

Group 1 - Nvidia-related stocks experienced a decline on Tuesday, with NEBIUS (NBIS.US) and CoreWeave (CRWV.US) dropping over 6% [1] - Recursion Pharmaceuticals (RXRX.US) fell more than 5%, while Applied Digital (APLD.US) decreased nearly 5% [1] - Arm Holdings (ARM.US) saw a decline of over 3% [1]

Group 1 - Nvidia-related stocks experienced a decline on Tuesday, with NEBIUS (NBIS.US) and CoreWeave (CRWV.US) dropping over 6% [1] - Recursion Pharmaceuticals (RXRX.US) fell more than 5%, while Applied Digital (APLD.US) decreased nearly 5% [1] - Arm Holdings (ARM.US) saw a decline of over 3% [1]

Core Viewpoint - Investors are primarily attracted to Applied Digital Corporation for its significant revenue growth rather than its current profitability [5]. Group 1: New Data Center Announcement - Applied Digital announced the construction of a new data center named "Polaris Forge 2," which is a $3 billion investment in North Dakota [3]. - The new data center is designed to operate at 280 megawatts of power to meet the increasing demand for AI computing [3]. - Construction is set to begin in September, with the facility expected to open in 2026 and reach full capacity by early 2027 [3]. Group 2: Business Prospects - The company has reported strong interest from multiple parties, including at least one U.S.-based investment-grade hyperscaler, to lease capacity at the new data center [4]. - Applied Digital has secured power through Cass County Electric Cooperative, ensuring operational readiness for the new facility [4]. Group 3: Financial Performance - Revenue for Applied Digital more than doubled last year and has increased by 1500% over the past two years [5]. - Despite the impressive revenue growth, the company is currently not profitable, with analysts predicting it will not achieve profitability before 2028 [5].

Core Viewpoint - Applied Digital Corporation is set to expand its AI infrastructure with the construction of Polaris Forge 2, a $3 billion, 280MW AI Factory in Harwood, North Dakota, aimed at meeting the increasing demand for AI computing capacity [3][4][5]. Company Overview - Applied Digital Corporation (Nasdaq: APLD) specializes in designing, building, and operating high-performance data centers for AI, cloud, networking, and blockchain workloads [10]. - The company has been recognized as the Best Data Center in the Americas 2025 by Datacloud [10]. Project Details - Polaris Forge 2 will have an initial capacity of 280MW, with plans to scale beyond this capacity, and is scheduled to begin operations in 2026, reaching full capacity in early 2027 [3][4]. - The project will cover more than 900 acres and is expected to employ over 200 full-time employees once fully operational [5]. Market Demand - There is a surging demand for AI computing capacity from hyperscalers, enterprises, and research organizations, necessitating scalable and high-performance infrastructure [4][5]. - North Dakota is becoming a strategic location for AI infrastructure due to its abundant energy resources, available land, and pro-business climate [4][9]. Community Impact - The expansion into Harwood is expected to strengthen local communities and contribute to the economy, with commitments to workforce housing and local partnerships [5][9]. - Local officials, including the Governor and Mayor of Harwood, have expressed support for the project, highlighting its potential to drive technological progress and economic benefits for the region [5][9].

Core Insights - Applied Digital Corporation plans to break ground on Polaris Forge 2, a $3 billion, 280-megawatt AI Factory in North Dakota, with initial capacity expected in 2026 and full capacity by early 2027 [2][3][4] - The project aims to meet the surging demand for AI computing capacity from hyperscalers, enterprises, and research organizations, building on the success of the existing Polaris Forge 1 campus [3][4] - The new facility will occupy over 900 acres and is expected to create more than 200 full-time jobs, contributing to the local economy and community development [4][5][6] Company Developments - Polaris Forge 2 is seen as a strategic move for Applied Digital to enhance its leadership in high-performance AI infrastructure [4][7] - The company has secured power through Cass County Electric Cooperative, ensuring reliable energy supply for the new facility [5][6] - The expansion into Harwood is part of a broader commitment to invest in local communities and create long-term economic opportunities [7][8] Industry Context - North Dakota is emerging as a key destination for AI infrastructure due to its abundant energy resources, available land, and supportive business environment [3][6][8] - The demand for AI capacity is accelerating, indicating a growing market for high-performance computing solutions [3][4] - The project aligns with the trend of technological progress and community investment, positioning North Dakota favorably in the AI infrastructure landscape [6][7]

Company Overview - Applied Digital Corporation (APLD) currently holds a Momentum Style Score of A, indicating strong potential for momentum investing [3] - The company has a Zacks Rank of 2 (Buy), suggesting favorable market performance [4] Performance Metrics - APLD shares have increased by 13.42% over the past week, significantly outperforming the Zacks Financial - Miscellaneous Services industry, which rose by only 0.78% [6] - Over the past month, APLD's price change is 50.15%, compared to the industry's mere 0.35% [6] - In the last quarter, APLD shares have surged by 122.44%, and over the past year, they have skyrocketed by 278.99%, while the S&P 500 has only increased by 10.57% and 21.94% respectively [7] Trading Volume - APLD's average 20-day trading volume is 36,532,296 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, two earnings estimates for APLD have been revised upwards, while none have been lowered, leading to an increase in the consensus estimate from -$0.27 to -$0.21 [10] - For the next fiscal year, one estimate has moved upwards with no downward revisions, indicating a positive earnings outlook [10] Conclusion - Given the strong performance metrics and positive earnings outlook, APLD is positioned as a promising investment opportunity with a Momentum Score of A [12]

Core Industry Insights - Applied Digital (APLD) and Vertiv Holdings (VRT) are central to the digital infrastructure expansion, driven by increasing demand for data center capacity due to AI, cloud computing, and high-performance computing workloads [2][3] - Global data center capital expenditures are projected to grow at a 21% CAGR through 2029, reaching approximately $1.2 trillion, benefiting both APLD and VRT [3] Company Performance: Applied Digital (APLD) - APLD has shifted from cryptocurrency mining to becoming a dedicated AI infrastructure provider, capitalizing on the growth of AI and machine learning workloads [5] - In Q4 fiscal 2025, APLD reported revenues of $38 million, a 41% increase year over year, and achieved positive adjusted EBITDA of $1 million [6] - APLD's partnership with CoreWeave is expected to generate around $7 billion in contracted revenue over 15 years for 250 megawatts of critical IT load [7] - The company has improved construction efficiency, reducing deployment timelines from 24 months to 12-14 months [7] - APLD's North Dakota locations provide low-cost energy and innovative cooling systems, enhancing its competitive position in the market [8] Company Performance: Vertiv Holdings (VRT) - VRT is a leading provider of thermal and power management solutions for high-density data centers, with a broad product portfolio addressing critical infrastructure needs [9] - In Q2 2025, VRT's net sales rose 35% year over year to $2.64 billion, with quarterly orders surpassing $3 billion for the first time [10][11] - VRT's strategic partnerships and acquisitions, including the $200 million acquisition of Great Lakes, enhance its capabilities in AI data center offerings [12] Stock Performance and Valuation - Year-to-date, APLD shares have increased by 95.9%, while VRT shares have appreciated by 26.5% [13] - Both companies are currently considered overvalued, with APLD trading at a forward Price/Sales ratio of 12.98X compared to VRT's 5.07X [16] - Earnings estimates show APLD's first quarter fiscal 2026 loss is expected to be 6 cents per share, improving by 33.33% over the past 30 days [19] - VRT's third-quarter 2025 earnings estimate is pegged at 98 cents per share, reflecting a 28.95% year-over-year increase [20] Conclusion - Both APLD and VRT are well-positioned to benefit from the AI-driven expansion in data center infrastructure, with APLD showing a more accelerated growth path [21][22] - VRT maintains strong growth visibility through its product portfolio and industry partnerships, but its expansion is less aggressive compared to APLD [22]