APLD / Next-Gen AI Datacenters Driving Applied Digital Stock up 400%

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