Applied Digital shares jumped 16% on Friday after the company posted strong first-quarter revenue that was boosted by artificial intelligence data center demand, putting the stock up more than 350% for the year.Here's how the company did compared to LSEG estimates:Loss per share: Loss of 7 cents vs. a loss of 13 cents expectedRevenue: $64.2 million vs. $50 million expectedFirst quarter revenue of $64.2 million was up 84% from a year ago, when it reported $34.85 million in revenue.The data center company rep ...

Core Insights - Applied Digital's shares increased by 26% following the announcement of first-quarter revenue that exceeded analysts' expectations, driven by the growing adoption of artificial intelligence applications [1] Group 1: Company Performance - The company reported first-quarter revenue that surpassed analysts' estimates, indicating strong financial performance [1] - The surge in share price reflects positive market sentiment towards the company's growth prospects in the AI sector [1] Group 2: Industry Trends - The rising adoption of artificial intelligence applications is a key factor contributing to the company's revenue growth, highlighting a broader trend in the data center service industry [1]

Applied Digital (APLD) stock leaped on Friday after the operator of data centers for artificial intelligence, cloud computing and blockchain workloads, reported a big surge in revenue in its latest quarter. The Dallas-based company late Thursday reported better-than-expected results for its fiscal first quarter ended Aug. 31. Applied Digital said its revenue jumped 84% year over year to $64.2 million, topping analyst estimates for $50 million. The company reported an adjusted loss of 3 cents a share, in lin ...

Core Insights - Applied Digital exceeded Wall Street revenue estimates for the first quarter, driven by increased demand for its data center services as customers expand their computing capabilities to support rapid growth in various sectors [1] Group 1: Financial Performance - The company reported first-quarter revenue that surpassed analyst expectations, indicating strong market performance [1] - The surge in demand for data center services reflects a broader trend in the industry as businesses scale up their computing resources [1] Group 2: Market Demand - There is a notable increase in customer demand for data center services, which is a key driver of the company's revenue growth [1] - The trend of scaling up computing resources is likely to continue as industries adapt to fast-growing technological needs [1]

8 October 2025 | 10:39AM EDT Commodities Research Power Comment: US Data Centers: Rapid Growth and Sustained Concentration We start monitoring data center developments in the US and find that incumbent data center markets continue to drive most of the rapid capacity growth, while new markets are also emerging. 1 The competitiveness scores are weighted averages of the following four Z-scores (i.e. variables with a zero average and a standard deviation of one) of: 1) Data-intensive GDP downstream to data cent ...

This story was originally published on Utility Dive. To receive daily news and insights, subscribe to our free daily Utility Dive newsletter. Dive Brief: Data center load drove up revenue in the PJM Interconnection’s last capacity auction by $7.3 billion, or 82%, to $16.1 billion, according to the grid operator’s market monitor. Combined with PJM’s previous capacity auction, existing and forecast data center load resulted in $16.6 billion in capacity auction revenue, or about half of the $30.8 billion i ...

GDS Holdings Limited (NASDAQ:GDS) is one of the Unstoppable Stocks to Buy and Hold for the Next 5 Years. On September 19, Raymond James reiterated its “Strong Buy” rating on the company’s stock with a price target of $53.00, highlighting potential growth catalysts. The firm opines that GDS Holdings Limited (NASDAQ:GDS) remains well-positioned to benefit from accelerating growth in China’s data center market once AI chips are more widely available. Raymond James Reiterates Strong Buy Rating on GDS Holdings ...

Due to their continuous 24/7/365 operations, data centers consume electricity constantly. ...

Core Insights - The celebration of 30 years of CBC Squawkbox highlights its significant impact on democratizing stock market information and trading [1][2] - The market experienced mixed results, with the Dow dropping 220 points while individual stocks like Oracle saw substantial gains [3] Company Performance - Oracle's stock surged by 36% in a single day, showcasing a monumental move in its valuation [4] - An investment of $1,200 in Oracle at its lowest close in April would have yielded a return of 167%, increasing the investment's value to nearly $3,300 in less than five months [5] - Oracle is recognized as one of the largest software companies globally, with a market valuation approaching $1 trillion, driven by forecasts of significant data center growth [6] Market Sentiment - The atmosphere during the broadcast felt reminiscent of the 1990s, a time when many first discovered the potential of stock ownership for wealth creation [7]

5 September 2025 | 6:42PM HKT VNET Group (VNET): Asia Leaders Conference 2025 — Key Takeaways: AI order volume likely to recover in 3Q25 We hosted VNET's Rotating President and IR Director on Sep 5 at GS Asia Leaders Conference in Hong Kong. Management highlighted 1) positive signals of new orders since late Aug, with 3Q25 order volume potentially exceeding the 2Q25 level and hopefully approaching the 1Q25 level; 2) rising AI demand for AI training and inference integration and LLM applications, and more di ...