Group 1 - Applied Digital Corp. (NASDAQ: APLD) experienced a significant increase of 16.88% week-on-week as investors anticipated its second-quarter fiscal year 2026 earnings results [1] - The company is set to release its financial and operational highlights after market close on January 7, with a conference call planned to discuss the results [2] - Applied Digital has initiated a restructuring process, creating two separate entities for its cloud computing and data center businesses [3] Group 2 - The restructuring strategy includes a merger with EKSO Bionics Holdings Inc., which will be renamed ChronoScale, focusing on an accelerated compute platform for AI workloads [4] - Following the merger, Applied Digital will own 97% of the combined firm, while EKSO Bionics will seek potential buyers for its business and assets [4] - The proposed transaction aims to establish a focused platform to meet the growing demand for GPU-accelerated cloud infrastructure in a capacity-constrained market [5]

We recently published 10 Stocks Powering Into 2026 With Explosive Gains. Applied Digital Corporation (NASDAQ:APLD) is one of the top performers on Friday. Applied Digital rallied for a second day on Friday, surging 14.64 percent to close at $28.11 apiece as investors poured funds back into artificial intelligence players despite the lack of fresh catalysts to spark buying appetite. In recent news, Applied Digital Corporation (NASDAQ:APLD) successfully spun off its cloud computing and data center businesses ...