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]

Core Insights - Applied Digital Corporation (NASDAQ: APLD) has seen a significant stock price increase of 14.64% to close at $28.11, driven by renewed investor interest in artificial intelligence despite the absence of new catalysts [1] - The company successfully spun off its cloud computing and data center businesses to focus on its core strengths [1] Group 1 - The merger with EKSO Bionics Holdings Inc. aims to create a focused platform for AI workloads, with Applied Digital owning 97% of the combined firm [2] - EKSO Bionics will seek potential buyers for its business and assets as part of the merger [2] - The transaction is designed to meet the growing demand for GPU-accelerated cloud infrastructure in a capacity-constrained market [2]