Applied Digital (APLD) Jumps 11% as AI Wave Resumes

We recently published AI Frenzy: 10 Stocks Crushing the Market, 6 Climb to Fresh Highs. Applied Digital Corp. (NASDAQ:APLD) is one of the top performers on Wednesday. Applied Digital climbed for a third straight day on Wednesday, adding 11.71 percent to end at $16.98 apiece as investor sentiment was boosted by an overall optimism for the artificial intelligence industry. The company rallied alongside its counterparts, as investors piled funds into digital infrastructure players after Nebius Group, former ...