Macquarie invests up to $5 billion in Applied Digital's AI data center business
Investment firm Macquarie is to invest billions of dollars into data center firm Applied Digital. First reported by the Wall Street Journal and confirmed by the company, Macquarie Asset Management (MAM) is set to invest $5 billion into Applied, a cryptomining firm pivoting to AI and HPC data centers.
Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) missed analyst estimates significantly. Looking ahead, ...
The company's stock closed nearly 10% higher on Tuesday after Australia's Macquarie announced it would invest up to $5 ...
Australia's Macquarie on Tuesday agreed to take a 15% stake in Applied Digital's high-performance computing business and ...
Applied Digital's $5 billion investment announcement is contingent on closing a 100 MW deal with a hyperscaler, which remains ...
Applied Digital Corporation (APLD – Research Report), the Financial sector company, was revisited by a Wall Street analyst today. Analyst Kevin ...
Investors with a lot of money to spend have taken a bullish stance on Applied Digital APLD. And retail traders should know.
Applied Digital has been unable to close a customer for its 100MW data center in Ellendale for more than a year now. Read why ...
In a report released today, Darren Aftahi from Roth MKM assigned a Buy rating to Applied Digital Corporation (APLD – Research Report), with a price target of $13.00. The company’s shares closed ...
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