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APLD News30 articles
Hut 8 Drops 10% as AI Execution Risks Trump Bitcoin Rally
Hut 8 shares slid 10% despite Bitcoin's 6% gain, as investors price in AI construction risks. The market cap implies 5.6x projected NOI.
IREN Stock Rises 3.8% as Microsoft Approves First AI Data Center Phase
IREN shares gained 3.8% premarket as Microsoft approved Horizon 1, the first 50MW phase of its $9.7B AI cloud deal, easing concerns over ambitious revenue targets.
IREN Shares Jump 9% as CoreWeave's Strong Results Boost AI Infrastructure Stocks
IREN shares jumped 9% after CoreWeave's strong earnings boosted AI infrastructure stocks. The company aims to expand capacity 160-fold to 480 MW by 2026.
TeraWulf's 12% Delivery Rate Puts AI Expansion in Focus
TeraWulf's shares fell 3.3% last week as investors focus on the 12% activation rate of its 839-MW AI pipeline. Analysts see upside, but delivery hurdles remain.
Cipher Digital Plunges 23% as Financing Gap Raises Concerns
Cipher Digital shares dropped 23% last week despite Nasdaq gains, as rising interest expenses outpaced mining revenue. Analysts trim targets while maintaining positive outlooks.
IREN Shares Climb 12% Weekly as AI Revenue Targets Take Center Stage
IREN shares jumped 8.7% Friday to $41.23, capping a 12% weekly gain as investor focus shifted from Mirantis supply concerns to AI revenue growth potential.
Nebius Rebounds in Premarket After Vineland Setback Wipes Out $7.4B
Nebius shares recovered 3.5% in premarket trading following a steep 13.3% decline that erased $7.4 billion in market value after a planning board meeting ended without a decision on phase 2.
Nebius Shares Tumble 10% as Investors Brace for Q2 Revenue Test
Nebius shares dropped 10% as investors weigh Q2 revenue estimates and the company's ambitious capacity expansion. Analysts are divided on the stock's outlook.
IREN Stock Slips as AI Cloud Execution Takes Center Stage Post-Mirantis Deal
IREN shares slipped 1.5% as investors weigh strong AI Cloud contract pipeline against slower revenue conversion. The Mirantis acquisition adds software layer.
IREN Closes Mirantis Buy at $555M, Below Initial $625M Deal
IREN finalized its Mirantis acquisition at a market value of about $555 million, 11.2% below the initial $625 million agreement, as share price declines reduced the equity component.
CoreWeave Surges 15.6% on Restructured Loan, but Costs Climb
CoreWeave (CRWV) shares rose 15.6% after a debt restructuring, but the new loan carries higher costs and stricter terms. Q2 earnings set for Aug 11.
IREN Ends Volatile Week Flat as AI Contracts Shift to Execution Phase
IREN shares ended a volatile week nearly flat after AI Cloud contracts moved to fulfillment. With 85% of the ARR goal signed, investors now focus on execution.
IREN Stock Surges 30% as AI Cloud Contracts Near $3.4B Target
IREN shares surged 30% after securing 85% of its $4B AI cloud run-rate target, but the gap between contracted and actual revenue remains a key test.
TeraWulf Jumps 18% as FERC Approves Maryland Power Plant Deal
TeraWulf stock jumped 18.1% to $17.82 after FERC approved its acquisition of a 216-MW Maryland power plant, supporting its AI data center strategy.
IREN Soars 26% on 5GW AI Roadmap, Valuation Debate Intensifies
IREN stock jumped 26% on a 5GW AI plan, with revenue density targets far exceeding rivals TeraWulf and Applied Digital, reigniting valuation debate.
Cipher Digital Plunges 13% as AI Data Center Stocks Slide; Bitcoin Stable
Cipher Digital dropped 13.4% amid a broader sell-off in AI data center stocks, while Bitcoin remained flat. Q2 earnings are due August 4.
TeraWulf Plunges 12% as AI Sector Jitters Hit Miner-to-Data-Center Plays
TeraWulf fell 11.9% to $15.05, tracking a 13.2% average decline among ex-miner rivals. Bitcoin edged down only 0.4%, underscoring the stock's new AI-infrastructure identity.
IREN Shares Slide 10.6% as Market Shifts Focus from AI Demand to Delivery
IREN shares dropped 10.6% to $30.34, erasing recent gains, as market attention moves from AI demand to delivery execution.
Applied Digital Stock Jumps on Q4 Earnings Beat Despite Low Operational Capacity
Applied Digital shares surged 5.4% in after-hours trading after reporting Q4 revenue of $258.7M, well above consensus. However, just 175 MW of its 1,410 MW contracted capacity is operational.
CoreWeave Stock Drops 11% as Backlog Conversion Timeline Raises Financing Concerns
CoreWeave shares tumbled 11.4% as investors weighed the pace of backlog conversion against a $31-$35 billion capital budget. Microsoft and Meta earnings this week will test demand.
IREN Holds Weekly Gains Despite Friday Dip, AI Cloud Deals Bolster Outlook
IREN shares closed Friday at $37.07, down 8.7%, but retained a 10.3% weekly gain after $2.8 billion in AI cloud deals pushed its ARR target past $4 billion.
Fermi Inc. Surges 18% Despite 1.9% Share Dilution, Signaling Investor Confidence
Fermi Inc. shares climbed 18% to $7.46, offsetting a 1.9% dilution from new share admissions. The rally reflects investor optimism amid leadership changes and project milestones.
Keel Infrastructure Surges on BTIG Buy Rating with $8 Price Target
Keel Infrastructure shares jumped 3.1% to $4.835 after BTIG set an $8 target, a 65% upside, despite 68% of its 2.2-GW pipeline being unsecured.
Cipher Digital Jumps 16% on AI Data-Center Hopes, Outpacing Bitcoin
Cipher Digital shares surged 16%, extending two-day gains to 35%. The stock outperformed peers as investors anticipate future AI data-center revenue.
Cipher Digital Surges 17% on AI Data Center Demand, Outshining Bitcoin
Cipher Digital (NASDAQ:CIFR) surged 17% on Monday, recovering two-thirds of last week's losses, as AI data center stocks outperformed Bitcoin. Volume doubled the average.
CoreWeave Stock Rebounds, But $34B Capex Outlook Pressures Margins
CoreWeave shares rose 5.5% to $77.20 after BofA reiterated a Buy rating, but a $34 billion capex projection and steep interest costs keep margin pressure high.
IREN Stock Plunges 18% as Uncontracted AI Revenue Gap Widens
IREN stock dropped 18% as 41% of its AI revenue target remains without contracts, highlighting a $1.8 billion execution gap.
IREN Shares Slide 9% as AI Revenue Growth Lags Multi-Billion Dollar Target
IREN shares fell 9% to $34.83 on Thursday as investors scrutinize the gap between reported AI revenue and the $4.4 billion ARR target, amid a broader AI infrastructure selloff.
TeraWulf stock slides 8% on $3.5B financing hurdle for AI lease
TeraWulf shares dropped 8% after the $19B Anthropic lease requires $3.5B in project financing, raising concerns about debt levels and equity cash flow.
TeraWulf's $19B Anthropic Lease Raises $3.5B Debt Concerns
TeraWulf's $19B lease with Anthropic includes a $3.5B debt package, sparking concerns over financing costs and execution risks.