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 ...

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 Appli ...

• 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, ...

• 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 ...

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 ...

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 ...

In the latest market close, Applied Digital Corporation (APLD) reached $4.33, with a -1.37% movement compared to the previous day. This change lagged the S&P 500's 2.11% gain on the day. Meanwhile, the Dow experienced a rise of 1.18%, and the technology-dominated Nasdaq saw an increase of 2.96%.Coming into today, shares of the company had lost 8.16% in the past month. In that same time, the Finance sector gained 3.61%, while the S&P 500 gained 3.08%.The investment community will be paying close attention to ...