Jan 14 (Reuters) - Data center operator Applied Digital (APLD.O), opens new tab on Tuesday posted a smaller-than-expected loss for the second quarter, helped by increased demand for high ...
Applied Digital's stock rise 11.6% after securing a $5 billion financing deal with Macquarie Asset Management to expand its HPC data center The deal includes up to $900 million for the Ellendale ...
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.
Applied Digital stock is gaining following an announcement that Macquarie Asset Management will invest up to $5 billion in the company. The stock is also seeing bullish momentum from a positive ...
Applied Digital Corporation entered today into a $5.0 billion perpetual preferred equity financing facility, with investment vehicles of funds managed by Macquarie Asset Management (“MAM ...
Dallas, Texas-based Applied Digital also has the right of first refusal to invest an additional $4.1 billion in future company data centers for 30 months, the company said.
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 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 ...
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 (NASDAQ:APLD) has announced a $5B investment from Macquarie that will support over 2GW of high-performance computing data center development. The investment will come in the form ...