$45.20
-1.39 (-2.98%)
APLD News30 articles
Keel Infrastructure Slips After Rally, Awaiting Key Data-Center Leases
Keel Infrastructure shares fell pre-market after hitting a 52-week high, as the market weighs the Russell 3000 addition and convertible note offering against declining revenue and unsigned data-center leases.
Markets
Applied Digital Shares Rise on $1.59B Funding for AI Campus Buildout
Applied Digital shares ended a holiday-shortened week up 9.1% after securing $1.59 billion in funding for its Polaris Forge 1 AI data-center campus, as the market weighs rapid buildout against debt.
Markets
Keel Infrastructure Surges on AI Pivot as Analysts Warn of Overvaluation
Keel Infrastructure shares hit recent highs after closing a $458M convertible note deal to fund its shift from bitcoin mining to AI infrastructure. Analysts average 12-month target of $5.29 trails the last close, highlighting execution risk.
Analysis
Keel Infrastructure Stock Rises on AI Data-Center Financing Focus
Keel Infrastructure Corp. shares rose premarket to $6.10 as investors weighed a $458M convertible note raise for AI data-center projects against falling revenue and ongoing losses.
Markets
Applied Digital Shares Surge on $5.2B AI Data Center Lease Deal
Applied Digital shares rose 8.7% after-hours after signing a 15-year, $5.2 billion lease for its Delta Forge 2 AI data center, lifting total contracted lease revenue to $36 billion.
Markets
ChronoScale Rockets 18% on Tesla Vet's Appointment as CTO
ChronoScale shares jumped 17.8% to $22.43 after naming former Tesla VP Raj Jegannathan as CTO and Lawrence Lam as CPO, signaling a push to scale its AI infrastructure business.
Technology
Keel Infrastructure Tumbles as AI Data Center Hopes Face Permitting Hurdles
Keel shares slipped 1.7% after a 98% monthly surge, as the market focuses on whether the company can convert its power-rich sites into AI data center leases amid Q1 losses.
Markets
Applied Digital Secures 1 GW in AI Contracts, Execution Risks Loom
Applied Digital shares held near $45.25 after a $7.5B lease boosted contracted capacity to 1.2 GW and revenue to $31B. Execution risks remain key.
Technology
Applied Digital Secures $7.5B AI Lease, Total Backlog Hits $31B
Applied Digital lands a $7.5B, 300MW lease with a major cloud provider, pushing its total contracted revenue to $31B and drawing bullish analyst upgrades.
Technology
Applied Digital Surges on $7.5B AI Data Center Lease Deal
Applied Digital shares surged 17% after a $7.5 billion, 15-year AI data center lease, lifting total contracted revenue to $31 billion. Analysts raised price targets but caution on execution and customer concentration.
Technology
Applied Digital Secures $7.5B Lease, Revenue Backlog Hits $31B
Applied Digital secures a 15-year, $7.5B lease with a hyperscaler, lifting total contracted revenue to $31B. Shares rose 8% after hours.
Technology
Applied Digital Stock Dips 10% After Rally, AI Infrastructure Under Scrutiny
Applied Digital (APLD) shares dropped 10% to $38.30 on Monday, retreating from a high of $42.75 as investors locked in gains after a $7.5 billion lease deal.
Markets
Applied Digital's Cloud Spin-Off ChronoScale Begins Trading; APLD Retains 97% Stake
Applied Digital's cloud unit ChronoScale (CHRN) started trading on Nasdaq, with APLD retaining 97% ownership. The spin-off aims to separate risk profiles, while APLD secured a $300M bridge loan for its North Dakota data center.
IPO
Applied Digital Shares Dip After $7.5B AI Data Center Lease Deal
Applied Digital shares retreated 2.04% to $33.55 Friday, giving back some gains from a $7.5 billion AI data center lease deal announced April 23.
Markets
Applied Digital Secures $7.5B AI Lease, Faces Execution Hurdle
Applied Digital Corp. (APLD) signed a $7.5B, 15-year lease for 300 MW with an unnamed hyperscaler, pushing total contracted lease revenue above $23B. Shares jumped over 12%.
Technology
Applied Digital Shares Surge on $7.5B AI Data Center Lease Deal
Applied Digital shares rose 12% after a $7.5B, 15-year lease with a U.S. hyperscaler for 300 MW at its Delta Forge 1 data center in Louisiana, lifting total contracted lease revenue above $23 billion.
Technology
IREN's AI Pivot Draws Investor Scrutiny Amid Funding and Revenue Pressures
IREN shares gained 1.8% as investors weigh its strategic pivot to AI cloud infrastructure against a recent quarterly net loss of $155.4 million and a new $6 billion share sale authorization.
Technology
Applied Digital's Q3 Report to Test AI Data Center Strategy Amid Heavy Debt
Applied Digital's fiscal third-quarter results, due after Wednesday's close, will gauge whether lease revenue can offset a significant new debt load tied to its AI data center expansion. Options imply a 16.5% stock move.
Earnings
IREN's $6B Equity Plan Fuels AI Ambitions Amid Market Skepticism
IREN's stock fell 1.3% amid a broader tech selloff, as the company seeks to raise up to $6 billion through share sales to finance its pivot to AI cloud services, despite reporting a $155.4 million quarterly loss.
Technology
Babcock & Wilcox Secures $2.4B AI Data Center Power Deal, Shares Surge
Babcock & Wilcox Enterprises has been authorized to begin work on a major $2.4 billion contract to provide natural gas-fired power systems for Applied Digital's AI data center campuses, sending its shares up nearly 31%.
Markets
Applied Digital Ties Executive Equity to Hyperscaler Lease Milestones, Shares Volatile
Applied Digital shares experienced significant intraday volatility after an SEC filing revealed performance-based stock awards for top executives tied to securing long-term hyperscaler leases and data center capacity targets.
Technology
Applied Digital Ties Executive Compensation to Hyperscaler Leasing Targets, Shares Rally
Applied Digital shares surged 9.4% after the company linked executive stock awards to ambitious data-center leasing and profit milestones. An analyst raised the price target to $56 citing potential new hyperscaler contracts.
Technology
Applied Digital Shares Surge Nearly 10% Amid AI Data Center Rally
Applied Digital stock climbed 9.6% to $38.32 in volatile trading, reflecting renewed investor appetite for AI infrastructure plays. The company has become a key proxy for computing capacity investments.
Technology
Applied Digital Soars 25% on AI Infrastructure Revival
Applied Digital shares surged 25.5% to $34.95 Friday amid heavy trading volume, driven by renewed investor interest in AI-linked infrastructure stocks. The company recently reported $126.6M in quarterly revenue and secured major data center leases.
Technology
Applied Digital Soars 25% on AI Infrastructure Revival, Eyes Key Economic Data
Applied Digital shares surged 25.5% to $34.95 Friday amid heavy trading volume, fueled by renewed investor interest in AI infrastructure stocks. The company's recent hyperscale lease signings and upcoming economic indicators are in focus.
Technology
Applied Digital Surges 25% Amid AI Infrastructure Rebound
Applied Digital shares soared 25% Friday following a 250% revenue jump and new data center leases, as AI-related stocks recover.
Technology
Applied Optoelectronics Jumps on China Credit Line Expansion
Applied Optoelectronics shares surged 7.8% as a China unit doubled a credit line to RMB 500 million, indicating funding for AI optics production ramp.
Technology
Applied Optoelectronics Slips Amid AI Optics Slowdown and Supply Concerns
Applied Optoelectronics (AAOI) dropped 4.3% to $161.85 in a shortened trading week, pressured by insider-sale filings, a doubled credit line, and management warnings that supply bottlenecks will cap 800G transceiver revenue into mid-2027.
Technology
Applied Materials Surges on Citi's AI-Driven Price Target Hike
Applied Materials shares jumped 6.7% to $606.53 after Citi raised its price target to $710 from $550, citing AI-driven chip-equipment demand. The broader semiconductor equipment sector also rallied.
Technology
Applied Materials Surges on AI Chip Boom, Analyst Targets Raised
Applied Materials shares surged 9.6% to $544.50 after analysts raised price targets, citing robust AI chip demand and a new $500 million Singapore facility that doubles cleanroom capacity.
Technology