Why Did Applied Digital Stock Jump 14.3% Today?

Shares of Applied Digital (NASDAQ: APLD) spiked on Tuesday, finishing the day up 14.3%. The dramatic move came as the S&P 500 gained 0.4% and the Nasdaq Composite rose 0.9%. The artificial intelligence (AI) data center operator's stock is flying on news of Nvidia's investment in one of Applied Digital's closest partners. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » Nvidia announces ...