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APPS News30 articles
Digital Turbine Stock Soars 28% on Strong Q1 and Raised Guidance
Digital Turbine (APPS) surged 28% premarket after Q1 revenue and EBITDA beat, with raised FY2027 guidance highlighting improved margins.
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.
theScore Bet's $50 Bonus Is Invite-Only, PENN's Digital Loss Narrows
PENN's theScore Bet's $50 bonus is invite-only, not a public promo. Interactive loss narrowed to $9.5M in Q2, but profitability remains elusive.
AMC Digital Channels Hit by Outage, Stock Unfazed
AMC Entertainment's website and mobile app suffered a technical outage Wednesday, impacting a large share of its digital ticket sales. Despite the disruption, shares closed up 4.3%.
SE Asia's Digital Banks Under Scrutiny as Sea, Grab, GoTo Disclose Loan Growth
Sea, Grab, and GoTo now disclose loan growth details, revealing varying profitability and credit risks in Southeast Asia's digital banking race.
Versant's CNBC Digital Push Faces 6.3% Linear Revenue Decline
Versant Media Group's CNBC faces a 6.3% drop in linear distribution revenue, pushing digital growth to the forefront. Investors seek clearer metrics on paid subscribers.
Sony Faces Legal Challenge Over PlayStation Digital License Terms
Sony's PlayStation digital sales are under legal scrutiny as a class action challenges license terms. The case could impact ¥485 billion in annual revenue.
Sony ADRs Rise 1.3% as Digital Game Sales Hit ¥485B Amid Legal Challenge
Sony ADRs rose 1.3% to $24.875 as digital game sales hit ¥485.2B, while a class action over PlayStation Store 'buy' labels heads to arbitration.
Marathon Digital Stock Plunges 10% on $611M Loss as AI Transition Stalls
MARA shares tumbled 10.1% after a $611 million loss and 26.7% revenue decline, intensifying concerns about its AI transition and Bitcoin exposure.
PlayStation Boycott Tests Sony's Digital Shift as Physical Sales Fade
A week-long PlayStation boycott challenges Sony's digital-first strategy as physical sales account for just 2.2% of gaming revenue. Investors watch engagement metrics.
Nike's One Piece Drop Tests Direct Sales Recovery After Digital Slide
Nike launches its One Piece-inspired Air Max Plus collection as digital sales fell 12% in Q4. The limited drop tests consumer demand amid a broader direct-channel slump.
Cipher Digital Stock Plunges 13%, Market Cap Drops $1B
Cipher Digital shares tumbled 13% on Tuesday, wiping out $1 billion in market value amid rising bond yields and investor scrutiny of its $11.4 billion backlog.
Sony Stock Slips as Digital Shift and PS6 Price Concerns Weigh
Sony's ADR dropped 2.4% as digital sales dominate gaming revenue (74%), fueling debate over PS6 pricing and audience scale. Analysts still see upside.
Cipher Digital Surges 7.4% on Morgan Stanley's 6.3% Stake
Cipher Digital shares rose 7.4% Friday after Morgan Stanley revealed a 6.3% stake, signaling institutional interest in the company's pivot from bitcoin mining to AI data centers.
Cipher Digital Shares Tumble 23% as Investors Question $11.4B HPC Lease Portfolio
Cipher Digital (CIFR) shares fell 23% this week to $17.18 as investors weighed the company's $11.4B HPC lease backlog against current earnings shortfalls.
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.
Cipher Digital Shares Slide 4.5% as Restricted Cash Raises Valuation Concerns
Cipher Digital shares dropped 4.5% as analysts cut price targets, citing restricted cash and valuation concerns amid HPC expansion.
Western Digital Tumbles 15% as Margin Outlook Tempers AI Storage Rally
Western Digital (WDC) dropped 15% in premarket trading as investors focused on slowing margin growth despite strong Q4 results and upbeat guidance.
Western Digital Tumbles 10% as Valuation Doubts Outweigh Strong Earnings
Western Digital shares dropped 10% in after-hours trading despite beating Q4 estimates, as valuation concerns and decelerating growth outweighed strong results.
Cipher Digital's Q2 Miss and Cash Constraints Trigger 15.7% Selloff
Cipher Digital shares tumbled 15.7% after Q2 revenue and EPS missed consensus, with 82% of cash restricted for projects, sparking valuation concerns.
Cipher Digital Slumps 10% as Q2 Mining Revenue Drops 29%
Cipher Digital (NASDAQ:CIFR) shares tumbled 10% as Q2 mining revenue slid 29% from the prior quarter, while the company's HPC rental income remains a future catalyst.
Digital Realty: Small Leases Drive Rent Per Kilowatt Higher
Digital Realty (DLR) reported Q2 results showing small-space and interconnection leases now make up 52% of annualized rent, boosting rent per kilowatt. Shares fell 5.3% last week.
Western Union stock slides 11% as digital shift erodes per-transaction revenue
Western Union shares fell 11% after Q2 earnings missed estimates and full-year guidance was slashed, as digital transaction growth weighed on per-transaction revenue and margins.
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.
Ionic Digital Gains on Nasdaq Listing, $70 Supply Cap in Focus
Ionic Digital (IOND) shares climbed to $61.96 on its Nasdaq debut, up from a $50 open. A $70 transfer restriction on 7.55 million shares from June's private placement could cap supply.
IKEA Tests Compact Store Model in Cleveland as Digital Sales Grow
IKEA will open an 80,000-square-foot store in Cleveland in spring 2027, significantly smaller than its traditional warehouses, as US e-commerce holds steady at $1.9B and overall sales dip.
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.
Western Digital Posts Weekly Gain Despite Friday Slide as Profit Outlook Brightens
Western Digital closed Friday at $519.80, down 6.9%, yet still gained 8.9% for the week as profit estimates climbed 20% to $3.30 per share.
Cipher Digital Shares Surge 32% in Turbulent Week as Market Eyes AI Infrastructure
Cipher Digital shares surged 31.8% in a volatile week, closing at $23.15 on Friday. The AI-driven rally faces execution uncertainty ahead of Q2 earnings.
Digital Realty Surges on Record Small-Scale Leases and Raised Guidance
Digital Realty shares surged 12.4% on Friday after the data-center REIT reported record small-scale bookings and raised its core FFO guidance for 2026.