Australia's Macquarie to invest up to $5 bln in Applied Digital data centers
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 intelligence data centers amid booming AI demand.
Applied Digital stock skyrockets 13% on $5.00 billion investment
Applied Digital has a median price target of $11 per share, which is 26% higher than the current price. While not yet profitable, the company is heading in that direction and this Macquarie funding will allow it to improve its balance sheet, as well as invest.
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Applied Digital Rallies Before Earnings as $5B HPC Financing Steals Spotlight: Retail SkepticalApplied Digital Corp. (APLD) saw its stock jump more than 17% as markets opened on Tuesday, ahead of its scheduled ...
Despite a significant net loss, Applied Digital Corp (APLD) reports a 51% revenue increase and announces a transformative partnership with Macquarie Asset Management.
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Applied Digital reports fiscal second-quarter financial results after the market close on Tuesday. Here's a look at the key ...
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Total revenues in the fiscal second quarter 2025 were $63.9 million, up 51% from the fiscal second quarter 2024. The growth was primarily driven by the continued expansion of the Company’s Cloud ...
The U.S. stock market experienced mixed results on Tuesday. The Dow Jones index climbed over 220 points to 42,518.28, while ...
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