$8.61
-0.01 (-0.12%)
APPS News30 articles
Digital Turbine Rockets 45% on Strong Revenue, AI Expansion Plans
Digital Turbine shares jumped 45% after fiscal Q4 revenue beat estimates, with the company forecasting strong growth and expanding its AI partnership with Google Cloud.
HIVE Digital Surges on Paraguay AI Validation, But Stock Sale Looms
HIVE shares surged 20% after Columbia University validated AI training on its Paraguay GPUs, but $214.7 million in stock sale capacity remains, posing dilution risk.
Western Digital Surges on AI Storage Demand and Sandisk Exchange Completion
Western Digital surged 4.86% to $746.23, driven by AI storage scarcity and the completion of the Sandisk share exchange, adding $11.9B in equity value.
Bank of America Digital Outage Disrupts Customer Access, Poses Reputational Risk
A Bank of America digital banking outage on Saturday left over 5,000 customers unable to log in, highlighting the risks of heavy digital reliance for the bank's 59 million users.
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.
HIVE Digital Surges on $220M AI Cloud Deal with Bell Canada and Cohere
HIVE Digital Technologies shares rose 8.8% in Toronto after its BUZZ HPC unit signed a $220M, three-year GPU cloud deal with Bell Canada and Cohere, targeting $70M in annual recurring revenue from late 2026.
HIVE Digital Surges on $220M AI Cloud Deal with Bell and Cohere
HIVE Digital Technologies shares rose 11% premarket after a $220 million GPU cloud deal with Bell AI Fabric and Cohere, adding $70 million in annual recurring revenue.
Western Digital Shares Surge on Morgan Stanley Upgrade, AI Storage Demand
Western Digital shares surged 16% after Morgan Stanley lifted its price target to $650, citing strong nearline enterprise storage demand and AI-driven HDD pricing power.
AI Storage Demand Drives Morgan Stanley to Boost Western Digital Target to $650
Morgan Stanley lifted its Western Digital price target to $650, citing AI data-center storage demand. WDC shares surged 13% as 2026 HDD capacity is fully booked.
Cipher Digital Rises on AI Data Center Financing Details
Cipher Digital shares rose 9% to $24.66 after pricing $810 million in senior secured notes for its Stingray AI data center. The June 15 closing is a key catalyst, though high volatility and losses keep the stock risky.
Everbright Digital Shares Climb on Low-Float Volatility, No News
Everbright Digital's EDHL stock surged 70.86% Thursday and jumped another 56.52% premarket Friday, driven by low-float volatility and heavy trading volume without any verified company announcement.
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.
Galaxy Digital Surges on AI Data Center Value Shift
Galaxy Digital shares surged 23.6% to $31.07 after CEO Mike Novogratz stated its AI data center now represents over half the company's value, shifting focus from crypto.
London Stock Exchange Updates Official List; Cordiant Digital Infrastructure Set for FTSE 250 Inclusion
London Stock Exchange updates Official List; Cordiant Digital Infrastructure set to join FTSE 250. Vodafone and Sainsbury's lead FTSE 100 decline on ex-dividend trading.
Cipher Digital Slips Despite Morgan Stanley Price Target Hike
Cipher Digital shares slipped 1.1% to $26 despite Morgan Stanley raising its target to $53.50, as investors weigh AI data-center growth against bitcoin weakness and construction risks.
Grab Stock Flat as Investors Eye Digital Banking Expansion
Grab Holdings shares barely moved as Q1 results impressed with 24% revenue growth, but unchanged full-year guidance and risks tied to its Superbank consolidation kept investors on edge.
HIVE Digital Revenue Soars 158% as AI Ambitions Face Crypto Headwinds
HIVE Digital Technologies shares rose to $4.89 after a 158% revenue surge to $297.8M, but a weak Q4 and Bitcoin's 4.5% decline capped gains as investors eye AI infrastructure.
Digital Brands Group Soars 73% on $125M GCC Order Update, Dilution Risk Looms
DBGI stock jumped 73% to $0.84 after revealing initial orders from its GCC deal and a $125M U.S. program. After-hours trading pushed shares to $1.17.
Cipher Digital Stock Surges on AI Data Center Expansion Plans
Cipher Digital shares surged 9.5% to $25.21, approaching a 52-week high, as the company announced new AI data center leases and a $200 million credit facility.
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.
Western Digital Soars to Record on HDD Demand for AI Data Centers
Western Digital shares surged 10% to a record $532.74 after Evercore ISI boosted its price target to $575, highlighting the critical role of HDDs in AI infrastructure.
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.
HIVE Digital Technologies Surges 51% on AI Data Center Plans
HIVE Digital Technologies shares jumped 51% on Nasdaq after announcing a C$3.5 billion AI data center near Toronto. Cantor Fitzgerald raised its target to $4.60.
JNJ Stock Rises on China Approval and Digital Surgery Deal
Johnson & Johnson shares gained 1.13% Friday to $234.34, climbing 3.4% for the week, buoyed by a Chinese approval of its drug nipocalimab and a new digital surgery partnership in Abu Dhabi.
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.
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.
HIVE Digital Soars 29% on Plans for Massive AI Data Center Near Toronto
HIVE Digital Technologies stock jumped 28.6% to $3.46 on Monday after unveiling plans for a 320 MW AI data center near Toronto, aiming for over 100,000 GPUs by late 2027.
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.
HIVE Digital Soars on C$3.5B AI Data Center Plan in Toronto
HIVE Digital Technologies shares surged 33% in Nasdaq pre-market after its BUZZ HPC unit unveiled plans for a 320 MW AI infrastructure site near Toronto, with a C$3.5 billion investment target.
Crypto Stocks Surge on Senate Committee's Digital Asset Bill Vote
Shares of Coinbase, Robinhood, and Strategy rose about 5% after a Senate panel voted 15-9 to advance a crypto market-structure bill. Bitcoin traded near $80,623.