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. ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, November 15:AST SpaceMobile, Inc. (ASTS) : This space-based cellular broadband network provider has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.8% over the last 60 days.AST SpaceMobile's shares gained 565.0% over the last six months compared with the S&P 500’s advanced of 12.2%. The company possesses a Momentum Score of A.Applied Digital Corporati ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Federated Hermes, Inc. (FHI) : This global asset manager has seen the Zacks Consensus Estimate for its current year earnings increasing 12.5% over the last 60 days.Raymond James Financial, Inc. (RJF) : This diversified financial services company has seen the Zacks Consensus Estimate for its current year earnings increasing 5.8% over the last 60 days.AST SpaceMobile, Inc. (ASTS) : This space-based cellular broadband network provider has ...

Key TakeawaysShares of Applied Digital surged in extended trading Thursday after Nvidia reported a stake in the company.Nvidia held a roughly 3% stake in Applied Digital as of Sept. 30, according to a filing with the Securities and Exchange Commission.Applied Digital is a provider of advanced digital infrastructure, designed to support high-performance computing and artificial intelligence applications. Shares of Applied Digital (APLD) surged over 4% in extended trading Thursday after Nvidia (NVDA) reported ...