(Reuters) - Australia's Macquarie on Tuesday agreed to take a 15% stake in Applied Digital's high-performance computing business and invest up to $5 billion in the company's artificial ...
Applied Digital beats analyst estimates on the top and bottom lines in the second quarter. Cantor Fitzgerald analyst Brett Knoblauch maintains an Overweight rating and lowers the price target from ...
Applied Digital's $5 billion investment announcement is contingent on closing a 100 MW deal with a hyperscaler, which remains uncertain. The company reported a 51.3% YoY revenue increase in Q2 FY ...
Applied Digital (NASDAQ: APLD) stock is posting big gains in Tuesday's trading. The company's share price was up 9.4% as of 11:30 a.m. ET and had been up as much as 25.1% earlier in the day's trading.
Jan 14 (Reuters) - Data center operator Applied Digital on Tuesday posted a smaller-than-expected loss for the second quarter, helped by increased demand for high-performance data center ...
Applied Digital shares surged in intraday trading Tuesday after announcing that Macquarie Asset Management is investing up to $5 billion in its high-performance computing data centers. Nvidia is ...
Applied Digital reports second-quarter revenue of $63.9 million, beating analyst estimates of $63.4 million. Applied Digital reports a second-quarter adjusted loss of 6 cents per share ...
As part of the deal, Macquarie will get a 15% stake in Applied Digital’s high-performance computing business. - Brent Lewin/Bloomberg News Macquarie will invest up to $5 billion in data centers ...
Jan 14 (Reuters) - Australia's Macquarie (MQG.AX), opens new tab on Tuesday agreed to take a 15% stake in Applied Digital's (APLD.O), opens new tab high-performance computing business and invest ...
Applied Digital is a data center operator. The company received $5 billion in funding from Macquarie Asset Management. Applied Digital reports its earnings on January 14 after the market closes.