APLD / Applied Digital Corporation (APLD) Reports Q3 Loss, Lags Revenue Estimates

Blockchain stocks are still popular despite Blockchain and decentralization being terms thrown around quite loosely these days. There are numerous rea more_horizontal

Applied Digital could convert itself into a real estate investment trust soon. Most of its growth relies on two unnamed customers. more_horizontal

Applied Digital reported earnings, and its revenue is starting to take off. Due to spending on data center buildout, free cash flow is deep in the red more_horizontal

Applied Digital could benefit from the surging demand for data center space across the AI market. SentinelOne aims to disrupt the cybersecurity market more_horizontal

Applied Digital's sales could skyrocket over the next three years. Its stock looks cheap relative to its growth rates and industry peers. more_horizontal

Valkyrie Bitcoin Miners ETF (WGMI), which provides exposure to the bitcoin mining industry, has gained about 117% so far this year, becoming the top-p more_horizontal

Applied Digital is well-positioned for growth in cryptocurrency mining and cloud computing services in 2023-2024. The company has rapidly expanded its more_horizontal

Applied Digital and other AI stocks tumbled after Nvidia's Q2 results didn't yield big share price gains. Nvidia crushed sales, earnings, and guidance more_horizontal