Core Insights - Applied Digital Corp reported first-quarter revenue of $64.22 million, exceeding analyst estimates of $49.99 million, and an adjusted loss of three cents per share, better than the expected loss of 13 cents per share [1] - The company’s CEO highlighted the strategic position of Applied Digital in the AI deployment market, with hyperscalers expected to invest approximately $350 billion this year [2] - Following the earnings announcement, analysts adjusted their price targets for Applied Digital, reflecting positive sentiment towards the stock [3] Financial Performance - First-quarter revenue: $64.22 million, beating estimates of $49.99 million [1] - Adjusted loss per share: three cents, compared to an expected loss of 13 cents [1] Analyst Ratings and Price Targets - Consensus rating for Applied Digital is a Buy, with the highest price target set at $43.00 and the lowest at $7.00, resulting in a consensus price target of $22.67 [4] - Needham analyst John Todaro raised the price target from $21 to $41, while Craig-Hallum analyst George Sutton increased it from $23 to $37, and HC Wainwright & Co. analyst Kevin Dede raised it from $20 to $40 [7] Market Reaction - Applied Digital shares increased by 19.3% to $34.93 following the earnings report [2]

Core Viewpoint - DigitalBridge Group, Inc. (NYSE:DBRG) is highlighted as a top stock recommendation amid concerns over the growing AI bubble, with a focus on its exposure to AI and infrastructure investments [1]. Group 1: Investment Potential - DigitalBridge is currently raising its third flagship digital infrastructure fund, which, if successful, could make its stock price appear undervalued at current levels [3]. - The company has significant embedded gains from its technology investments and has been actively raising capital from both institutional and individual investors [2]. - There is speculation that DigitalBridge may become an attractive acquisition target for other asset managers due to its expertise in identifying technology investment opportunities [2]. Group 2: Strategic Acquisitions - DigitalBridge's acquisition of Switch, a leading operator of AI data centers, at an approximate valuation of $11 billion, is seen as a strategic move, with potential for Switch to go public at a valuation of $40 billion [3]. - The anticipated IPO of Switch could enhance DigitalBridge's fundraising efforts and overall investment appeal [3]. Group 3: Market Position - DigitalBridge is recognized as one of the best small-cap AI stocks to buy, although some analysts believe other AI stocks may offer higher returns with limited downside risk [3].

Core Insights - October is historically a volatile month for the stock market, making it difficult to identify top momentum stocks. The "buy high and sell higher" approach, known as the Driehaus strategy, is recommended for identifying momentum stocks [1][3] Momentum Stock Selection - Meta Platforms, Inc. (META) and Vertiv Holdings Co. (VRT) have been identified as today's momentum picks using the Driehaus strategy [2][9] - Both companies hold a Zacks Rank of 2 and a Momentum Score of A, indicating strong potential for price appreciation [9][10] Driehaus Strategy Breakdown - The Driehaus strategy emphasizes investing in stocks that are increasing in price rather than those in decline. This approach is supported by the American Association of Individual Investors (AAII), which considers the percentage 50-day moving average as a key criterion [3][4] - Key indicators for the strategy include strong earnings growth rates, impressive earnings projections, and a history of beating estimates [5][8] Stock Screening Methodology - Stocks are screened based on specific criteria, including a Zacks Rank of 1 or 2, a Momentum Score of A or B, and strong EPS growth metrics [6][8] - The screening process narrows down over 7,743 stocks to a select few, with only 37 stocks meeting the criteria [10] Company Profiles - **Meta Platforms**: Develops products for global connectivity through mobile devices and computers. It has a trailing four-quarter earnings surprise of 20.5% on average [10] - **Vertiv**: Designs and produces digital infrastructure technologies for data centers and communication networks, with a trailing four-quarter earnings surprise of 10.7% on average [11]

Core Insights - Signing Day Sports, Inc. is entering a Business Combination Agreement with One Blockchain LLC, which will result in both companies becoming subsidiaries of BlockchAIn Digital Infrastructure, Inc. [2][4] - The combined entity will continue One Blockchain's operations, which include a 40 MW Bitcoin mining facility in South Carolina and plans for a 150 MW facility in Texas by 2027 [2][6] - One Blockchain reported approximately $22.9 million in revenue and $5.7 million in net income for 2024 [2][6] Company Overview - Signing Day Sports aims to assist high school athletes in the recruitment process through its app, which allows athletes to create recruitment profiles with video-verified metrics and academic information [5] - One Blockchain focuses on developing and operating digital infrastructure for Bitcoin mining and high-performance computing [6] Business Combination Details - The closing of the business combination is anticipated in late Q4 2025 or early Q1 2026, contingent upon various conditions including SEC approval and stockholder consent [4] - A registration statement on Form S-4 has been submitted to the SEC, with revisions made in response to SEC comments [3]

Core Insights - Applied Digital Corporation (NASDAQ:APLD) is recognized for its digital infrastructure solutions, including data center hosting, GPU computing, and high-performance computing services for AI, machine learning, and crypto mining [1] - The company is currently not profitable, which raises concerns among investors, as highlighted by Jim Cramer, who suggests that NVIDIA is a more profitable alternative in the same business [1] - Despite its lack of profitability, APLD is considered a speculative investment due to the growing demand for high-performance computing [1] Company Overview - Applied Digital Corporation specializes in providing digital infrastructure solutions, focusing on data center hosting and high-performance computing services [1] - The company designs and manages data centers to support advanced computing applications, which are increasingly in demand due to trends in AI and crypto mining [1] Market Position - Jim Cramer has expressed skepticism about APLD's profitability, suggesting that investors might be better off investing in more established companies like Salesforce [1] - The commentary indicates that while APLD has potential, other AI stocks may offer better upside potential with less risk [1]

Core Viewpoint - Vertiv Holdings Co. is recognized for its strong profitability outlook and is included in a list of stocks expected to double in value over the next five years [1][4]. Group 1: Investment Ratings and Price Target - UBS has maintained a Buy rating on Vertiv Holdings Co. with a price target of $173, indicating a potential upside of 20% despite recent stock weakness [2]. - The recent stock weakness was attributed to Microsoft's announcement of a new liquid cooling system, but UBS clarified that Vertiv is not directly impacted by this development [2][3]. Group 2: Company Overview and Market Position - Vertiv Holdings Co. specializes in developing and maintaining essential digital infrastructure technologies and lifecycle solutions for data centers, communication networks, and industrial environments globally [4]. - The company plays a critical role in data center thermal management, providing fluid management solutions such as chillers, heat exchangers, distribution units, sensors, and controls [3]. - Vertiv's global presence spans across the Americas, Asia Pacific, Europe, the Middle East, and Africa, which reinforces its resilience in the market [3].

Core Insights - Core Scientific, Inc. (NASDAQ:CORZ) is viewed as a promising technology stock by hedge funds despite mixed opinions from Wall Street [1][3] - The company reported a revenue of $78.63 million for Q2 2025, which represents a 44.28% year-over-year decline and missed estimates by $4.57 million [1][2] - The earnings per share (EPS) was negative $0.04, which exceeded consensus estimates by $0.04 [1] Revenue and Market Performance - The decline in revenue was attributed to a 62% decrease in bitcoin mined, although this was partially offset by a 50% increase in bitcoin's average price [2] - Analysts have varied opinions on the stock, with price targets being adjusted; Roth MKM reduced its target from $20 to $17 while maintaining a Hold rating [3] - Craig-Hallum also reiterated a Hold rating without a price target, while Bernstein maintained a Buy rating with a price target of $17 [3] Company Overview - Core Scientific, Inc. specializes in providing digital infrastructure for high-density colocation and digital asset mining [4] - While the company shows potential as an investment, there are suggestions that certain AI stocks may offer better upside potential with less downside risk [4]

Core Insights - EdgeMode has made significant strides in 2025 with strategic acquisitions in Sweden and Spain, enhancing its data center portfolio and positioning in the European AI infrastructure market, resulting in a 1000% year-to-date increase in stock performance [1][2] Company Strategy - The company is executing an aggressive M&A strategy targeting both private and public businesses within the AI and digital infrastructure ecosystem, focusing on sectors such as renewable energy, real estate, battery storage, and energy [3] - EdgeMode aims to create a world-class digital infrastructure platform, with a flagship project in Marviken, Sweden, featuring scalable power capacity of up to 300MW, and a development in Spain that utilizes renewable energy for AI-ready colocation and hyperscale clients [2][3] Market Positioning - Plans for a Nasdaq uplisting are underway, positioning EdgeMode as a market consolidator that offers scale, public market access, and operational expertise to growth-oriented companies [4] - The company is actively inviting collaboration with other firms in the AI software, digital infrastructure, energy solutions, and strategic real estate sectors to meet the unprecedented demand for AI infrastructure [5] Company Overview - EdgeMode Inc. specializes in high-performance computing (HPC) data centers, focusing on energy-efficient colocation facilities to support customers in AI, machine learning, and cloud computing [6]

Core Viewpoint - Cathedra Bitcoin Inc. has appointed Joel Block as Chief Executive Officer, transitioning from a consulting agreement to a formal employment agreement, which includes the grant of restricted share units (RSUs) [1][2]. Company Overview - Cathedra Bitcoin Inc. develops and operates digital infrastructure assets across North America, hosting bitcoin mining clients in three data centers with a total capacity of 30 megawatts located in Tennessee and Kentucky. The company also recently sold a 60-megawatt data center in North Dakota, where it held a minority interest [3]. - The company operates a fleet of proprietary bitcoin mining machines, producing approximately 400 PH/s of hash rate [3]. Employment Agreement Details - Under the new employment agreement, Joel Block was granted 43,427,522 RSUs, which are redeemable for subordinate voting shares of the company. These RSUs will vest in equal portions on the first, second, and third anniversaries of the grant date [2]. - The RSUs are subject to applicable securities laws and require approval from the TSX Venture Exchange [2].

Core Viewpoint - Cipher Mining, Inc. has experienced a decline in stock price following the announcement of its convertible note offering, but the offering itself is a significant financial milestone that could enhance the company's growth prospects [1][2]. Group 1: Offering Details - Cipher Mining secured $1.1 billion through an upsized offering of convertible senior notes, which initially targeted $800 million but was increased by $300 million due to strong investor interest [3]. - The convertible senior notes carry a 0% interest rate and are due in 2031, allowing the company to maximize capital efficiency and focus on expansion rather than debt servicing [4]. Group 2: Strategic Implications - The initial conversion price is set at $16.03 per share, representing a 37.5% premium, indicating optimism about future growth [4]. - The company implemented capped call transactions with a high cap price of $23.32 to mitigate the dilution impact on existing equity from the convertible notes [5]. Group 3: Use of Proceeds - The majority of the proceeds from the offering are designated for growth initiatives, specifically to fund the expansion of a 2.4 GW data center pipeline and the construction of the Barber Lake facility [6]. Group 4: Financial Position - The $1.1 billion raised strengthens Cipher Mining's balance sheet without imposing significant debt or heavy dilution, positioning the company as a leader in the evolving digital infrastructure sector [7].