Applied Digital (US:APLD) The Motley Fool·2025-06-06 23:10Core Insights - Applied Digital's stock experienced significant gains, closing up 8.5% in a day, with its share price more than doubling over the past week [1][3] - The bullish sentiment was driven by the latest jobs report from the Bureau of Labor Statistics (BLS), which showed the U.S. economy added 139,000 net jobs in May, exceeding economists' expectations of 125,000 [3][4] - Despite concerns that strong job growth could indicate higher inflation, the BLS revised previous months' job growth figures downward, which may alleviate inflation fears and support growth stocks like Applied Digital [4][5] Company Developments - Applied Digital has entered a new data-center lease agreement with CoreWeave, expecting to generate over $7 billion in sales from service agreements over the next 15 years [6] - Following its recent valuation gains, the company is now valued at approximately 12 times this year's expected sales, indicating a potential for entering a new growth phase [7]