Applied Digital Corporation (APLD) Q1 2025 Earnings Call Transcript
- Applied Digital Corporation (NASDAQ:APLD ) Q1 2025 Earnings Conference Call October 9, 2024 5:00 PM ET Company Participants Matt Glover - IR, Gateway Group, Inc Wes Cummins - CEO David Rench - CFO Conference Call Participants Lucas Pipes - B. Riley Darren Aftahi - ROTH Rob Brown - Lake Street Mike Grondahl - Northland Securities George Sutton - Craig-Hallum John Todaro - Needham & Company Michael Davin - H.C.
- 10/09/2024
|
Applied Digital Corporation (APLD) Reports Q1 Loss, Tops Revenue Estimates
- Applied Digital Corporation (APLD) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.28. This compares to loss of $0.10 per share a year ago.
- 10/09/2024
|
Applied Digital Corp (APLD) Reports Q1 Revenue of $60.7M, Beating Estimates; EPS Loss of $0.
- On October 9, 2024, Applied Digital Corp (APLD, Financial) released its 8-K filing for the fiscal first quarter ended August 31, 2024. The company, a leader in next-generation digital infrastructure, reported a significant revenue increase, although it faced challenges with net losses.
- 10/09/2024
|
Applied Digital Reports Fiscal First Quarter 2025 Results
- DALLAS, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for high-performance computing (“HPC”) applications, cloud services (“Cloud Services”), and data center hosting (“Data Center Hosting”), reported financial results for the fiscal first quarter ended August 31, 2024. The Company also provided an operational update.
- 10/09/2024
|
Top Wall Street Forecasters Revamp Applied Digital Price Expectations Ahead Of Q1 Earnings
- Applied Digital Corporation APLD will release earnings results for its first quarter, after the closing bell on Wednesday, Oct. 9.
- 10/08/2024
|
12 Stocks To Profit From The Boom In Data Centers And Artificial Intelligence
- Amazon recently announced that it will invest several billions more in UK-based data centers. In the AI server space, Dell Technologies and Super Micro have also benefited from the data center boom, up 71% and 82%, respectively, in the past 12 months. Bitcoin miners are increasingly pivoting to artificial intelligence data center operations, leveraging their existing infrastructure and expertise to capitalize on the growing demand for AI computing.
- 10/03/2024
|
Applied Digital Corporation (APLD) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release
- Applied Digital Corporation (APLD) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 10/02/2024
|
CORZ, WULF and APLD Stocks Set to Boom? Thank AI/ Bitcoin Data Centers
- Data centers, AI, and Bitcoin mining are three fast-growing businesses bound to be multi-year megatrends. CORZ, WULF, and APLD are three companies that should benefit for years.
- 09/24/2024
|
Very good news for Applied Digital (APLD) stock; but risks remain
- The Applied Digital (APLD) stock price has gone parabolic in the past few days, making it one of the best-performing companies in Wall Street. The stock surged to a high of $6.60, its highest point since July 17th and 120% above its lowest point this month.
- 09/10/2024
|
Is Applied Digital's Stock Set to Surge With NVIDIA's Backing?
- Applied Digital NASDAQ: APLD saw its stock soar nearly 20% last week after announcing a significant $160 million strategic financing deal through a private placement, priced at market value. This investment came from institutional and accredited investors, including tech giant NVIDIA NASDAQ: NVDA and Related Companies, one of the largest privately-owned real estate firms specializing in complex infrastructure and data center development.
- 09/09/2024
|
Nvidia Invested in Applied Digital, and the Stock Price Soared by 65%
- The investment will help Applied Digital build data centers optimized for high-performance computing.
- 09/09/2024
|
Applied Digital: Q4 2024 Earnings And Nvidia Investment
- Applied Digital faces significant financial challenges, including negative gross margins, and substantial net losses, necessitating recent capital raises. Despite raising $210 million, including a $160 million private placement involving NVIDIA, concerns about true market demand for AI/HPC services persist. The NVIDIA deal raises questions about demand sustainability, as NVIDIA's vendor financing may indicate oversupply rather than genuine market need.
- 09/06/2024
|
Applied Digital Corporation (APLD) Soars 65.7%: Is Further Upside Left in the Stock?
- Applied Digital Corporation (APLD) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
- 09/06/2024
|
Nvidia Contributes to $160 Million Applied Digital Funding Round
- Data center operator Applied Digital is the latest company benefiting from investors' artificial intelligence appetites. The firm raised $160 million in a financing round that included backers like AI chip giant Nvidia, The Wall Street Journal reported Thursday (Sept.
- 09/05/2024
|
Applied Digital surges on funding deal with investors, including Nvidia
- Applied Digital shares soared nearly 43% in early trading on Thursday, after the data center operator said it would receive $160 million in financing from a group of investors, including chip giant Nvidia.
- 09/05/2024
|
Applied Digital Issues $53.2 Million Convertible Preferred Stock to Advance HPC Data Center Project and Accelerate Growth
- DALLAS, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) (“Applied Digital” or the “Company”), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (“HPC”) applications, today announced it has entered into a private financing arrangement with a single investor (the “Investor”), pursuant to which the Company has issued $53.2 million in convertible preferred stock for net proceeds of $50 million.
- 08/30/2024
|
Applied Digital's Stock Recovery: Analysts Forecast Strong Upside
- Applied Digital NASDAQ: APLD is a high-performance computing (HPC) stock that investors should be aware of. Since going public in April 2022, the company has been a horrid investment.
- 08/30/2024
|
Martin Insurance Group Selects Applied Digital Agency to Strengthen Business Operations
- Colorado-based insurance agency migrates to Applied Digital Agency to create standardized, digital policy workflows across its P&C business Colorado-based insurance agency migrates to Applied Digital Agency to create standardized, digital policy workflows across its P&C business
- 08/29/2024
|
Guess?, Nvidia, Pure Storage, Applied Digital And Other Big Stocks Moving Lower In Thursday's Pre-Market Session
- U.S. stock futures were higher this morning, with the Dow futures gaining around 200 points on Thursday.
- 08/29/2024
|
Applied Digital Corporation (APLD) Q4 2024 Earnings Call Transcript
- Applied Digital Corporation (NASDAQ:APLD ) Q4 2024 Earnings Conference Call August 28, 2024 5:00 PM ET Company Participants Matt Glover - IR, Gateway Group, Inc Wes Cummins - Chief Executive Officer David Rench - Chief Financial Officer Conference Call Participants Lucas Pipes - B. Riley Rob Brown - Lake Street Darren Aftahi - ROTH Mike Grondahl - Northland Securities George Sutton - Craig-Hallum John Todaro - Needham & Company Kevin Dede - H.C.
- 08/28/2024
|
Applied Digital posts bigger-than-expected loss on higher expenses; shares drop
- Data center operator Applied Digital posted a bigger-than-expected fourth-quarter loss on Wednesday, impacted by substantial expenses related to facilities and equipment that have yet to generate revenue.
- 08/28/2024
|
Applied Digital Corporation (APLD) Reports Q4 Loss, Tops Revenue Estimates
- Applied Digital Corporation (APLD) came out with a quarterly loss of $0.52 per share versus the Zacks Consensus Estimate of a loss of $0.23. This compares to loss of $0.07 per share a year ago.
- 08/28/2024
|
Applied Digital Reports Fiscal Fourth Quarter and Full Year 2024 Results
- DALLAS, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for high-performance computing (“HPC”) applications, cloud services (“Cloud Services”), and data center hosting (“Data Center Hosting”), reported financial results for the fiscal fourth quarter and full year ended May 31, 2024. The Company also provided an operational update.
- 08/28/2024
|
Applied Digital Strengthens Security Leadership with Appointment of Industry Veteran Gary Smith
- With Over Four Decades of Expertise, Smith to Lead Physical Security Innovation and Enhance the Protection and Integrity of Advanced Digital Infrastructure With Over Four Decades of Expertise, Smith to Lead Physical Security Innovation and Enhance the Protection and Integrity of Advanced Digital Infrastructure
- 08/14/2024
|
Applied Digital Secures Final $25 Million from Garden City Facility Sale
- DALLAS, July 30, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) (“Applied Digital” or the “Company”), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (HPC) applications, announced today that it has met the conditional approval requirements related to the release of the escrowed funds from the sale of its Garden City, Texas facility. The Company has now received the remaining $25 million of the purchase price held in escrow pending such conditional approval.
- 07/30/2024
|
Earnings Preview: Applied Digital Corporation (APLD) Q4 Earnings Expected to Decline
- Applied Digital Corporation (APLD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/15/2024
|
Applied Digital: An Alternative Way To Invest In AI Infrastructure
- From the moment Nvidia's silicon is shipped to the point when it can drive AI applications, a key step is to house them in data centers. To this end, Applied Digital Corporation's purpose-built HPC data center is advantageous compared to retrofitting older facilities to make them AI-ready and can also rely on its previous blockchain experience. I also shed light on the FCF impact given the financing model based on asset-level financing, which can be daunting for risk-averse investors allergic to high debt levels.
- 07/09/2024
|
Applied Digital Boosts Stock with Cutting-Edge AI Data Centers
- Applied Digital Co. NASDAQ: APLD designs, develops and operates next-generation data centers accommodating artificial intelligence (AI) service providers in the high-performance computing (HPC) industry. The AI boom has been driving the demand for more data centers, which is driving demand for next-gen data centers that fall right in Applied Digital's wheelhouse.
- 07/01/2024
|
CIM Group Makes $125 Million Loan Commitment, Expandable up to $200 Million, to Support Applied Digital's Buildout of a High-Performance Computing Campus in Ellendale, North Dakota
- LOS ANGELES--(BUSINESS WIRE)--CIM Group closes $125 million loan to Applied Digital for construction of HPC data center campus in Ellendale, North Dakota.
- 06/10/2024
|
Applied Digital Secures Private Debt Facility of up to $200 million to Accelerate HPC Data Center Project in Ellendale, North Dakota
- DALLAS, June 07, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (“HPC”) applications, announced today that the Company has secured private financing from CIM Group, a leading investment firm and alternative asset manager with extensive experience in top-tier datacenter finance and development. APLD Holdings 2, LLC, a subsidiary of the Company (the “Borrower”), has issued a Promissory Note (the “Note”) for commitments that total $125 million at close (“Initial Commitments”). Of the Initial Commitments, $15 million will be drawn on the date hereof, and the remaining will be drawn subject to the satisfaction of certain conditions outlined in the Note. In addition to the Initial Commitments, the Note includes an accordion feature that allows for up to an additional $75 million of borrowings, subject to the mutual agreement of the Borrower and lender. Principal amounts repaid under the Note will not be available for reborrowing. In total, this financing provides the Company with up to $200 million to be used solely towards the buildout of its HPC Campus in Ellendale, ND.
- 06/07/2024
|
Penny Stocks with Promise: 3 Sub-$5 Picks Poised for Explosive Growth
- Although there are cheap, promising penny stocks, investors should still be careful. Penny stocks can surge in value from time to time.
- 05/29/2024
|
Applied Digital Issues Unsecured Convertible Debenture to Advance HPC Data Center Project in Ellendale, North Dakota
- DALLAS, May 24, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (“HPC”) applications, announced that the Company recently entered into a private financing agreement with a single investor (the “Investor”), in which it issued a $42,131,579 unsecured convertible debenture. The convertible debenture bears no interest, has an original issue discount of five percent and has a term of 54 weeks. The conversion price for the note is the lower (a) $8.00 and (b) 95% of the lowest daily volume weighted average price of the Company's common stock during the five trading days immediately prior to the date of conversion. Below $8.00, the Investor is limited to converting no more than $16.0 million per month in the aggregate across all convertible debentures held by the Investor, which is roughly five percent of the previous thirty days value traded or less than two days of liquidity. Subject to the Investor's right to convert, the Company may prepay the note at any time that the Company's common stock trades below $8.00 or the thirtieth trading day after the registration statement registering the resale of the note's underlying shares becomes effective. The Investor has contractually agreed not to short the stock during the term of the note.
- 05/24/2024
|
Li Auto Posts Weak Q1 Results, Joins ATRenew And Other Big Stocks Moving Lower In Monday's Pre-Market Session
- U.S. stock futures were slightly higher this morning, with the Nasdaq futures gaining around 0.2% on Monday. Shares of . Li Auto posted adjusted EPS of RMB0.60 missing market estimates of RMB2.50. The company's quarterly sales came in at RMB25.634 billion missing expectations of RMB26.729 billion, according to data from Benzinga Pro. Li Auto shares fell 4.4% to $23.80 in pre-market trading. Here are some big stocks recording losses in today's pre-market trading session. Super Hi International Holding HDL-3.81%+ Free Alerts shares dropped 7.6% to $20.60 in pre-market trading after gaining 14% on Friday. DouYu International Holdings Limited DOYU-5.82%Get Free Report shares declined 5.9% to $10.20 in pre-market trading. Edible Garden recently posted weak quarterly results. ATRenew Inc. RERE shares fell 5.3% to $2.68 in pre-market trading after reporting weak quarterly earnings. Newegg Commerce Inc NEGG+2.91%Get Free Report shares declined 3.9% to $0.99 in pre-market trading after dipping 8% on Friday. YETI Holdings, Inc. YETI-3.80%Get Free Report shares slipped 3.8% to $38.00 in pre-market trading. YETI recently posted better-than-expected first-quarter financial results. Applied Digital Corporation APLD+1.21%Get Free Report shares slipped 2.2% to $4.05 in pre-market trading after surging 13% on Friday. Now Read This: Investor Optimism Improves, Dow Settles Above 40,000
- 05/20/2024
|
Wall Street Favorites: 3 Blockchain Stocks With Strong Buy Ratings for May 2024
- Blockchain stocks to buy are gaining investor attention as the technology continues to disrupt various industries. We know names like Bitcoin ( BTC-USD ) and Ethereum ( ETH-USD ) often steal the limelight.
- 05/14/2024
|
Applied Digital Announces Upcoming Conference Participation
- DALLAS, May 08, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (HPC) applications, today announced its participation in the 19th Annual Needham Technology & Media Conference, 24th Annual B. Riley Institutional Investor Conference, and 21st Annual Craig-Hallum Institutional Investor Conference.
- 05/08/2024
|
3 Under-$5 Penny Stocks That Could Make You Millions
- It is quite clear that most penny stocks are at a crossroads right now. The market is currently recovering from the downturn we saw a few weeks back — strongly so.
- 05/07/2024
|
Applied Digital Announces Appointment of Datacenter Industry Expert Todd Gale as Chief Development Officer
- Todd Gale to Lead the Company's Datacenter Design Strategy, Leveraging Over 45 Years of Industry Experience Todd Gale to Lead the Company's Datacenter Design Strategy, Leveraging Over 45 Years of Industry Experience
- 05/03/2024
|
Shhh! 3 Secret Metaverse Stocks Flying Below Wall Street's Radar
- Metaverse stocks captured immense attention in 2021 before quickly fading from the investment scene. Many now dismiss metaverse stocks as artifacts of the zero interest rate era, and while there's truth in this, the reality is more nuanced.
- 05/02/2024
|
Applied Digital Appoints Ella Benson to Board of Directors
- Benson Brings Over a Decade of Experience in Financial Services Joins the Board as Part of a Cooperation and Standstill Agreement with Oasis Management Company DALLAS, April 30, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (HPC) applications, has appointed Ella Benson as an independent director on its Board of Directors (the “Board”), effective May 6, 2024. Ella has also been appointed to serve as Chairperson of the Nominating and Governance Committee.
- 04/30/2024
|
3 Low-Risk, High-Reward AI Stocks to Buy for 6,200% Gains
- AI stocks have cooled off significantly over the past few weeks due to bearish macroeconomic reports. GDP growth came in slower than expected, and inflation data came in slightly hotter than expected.
- 04/30/2024
|
3 Stocks to Buy if You Want to Turn Your $1,000 into $10,000 Within 2 Years
- Chasing massive gains is a universal desire that drives investors to bet on various high-risk, high-reward assets. These can include the likes of penny stocks, cryptocurrencies, and even lottery tickets.
- 04/26/2024
|
3 Blockchain Stocks to Buy Now: Q2 Edition
- Blockchain stocks may be a better way to play the cryptocurrency market than directly engaging. These stocks are of companies that effectively integrate blockchain technology across multiple industries, offering a more diversified exposure to investors.
- 04/22/2024
|
Why Is Applied Digital (APLD) Stock Down 6% Today?
- Applied Digital (NASDAQ: APLD ) stock is falling on Friday following the release of the data center company's earnings report for its fiscal third quarter of 2024. The bad news for APLD stockholders starts with the company's adjusted earnings per share of -24 cents.
- 04/12/2024
|
Applied Digital Reports Fiscal Third Quarter 2024 Results
- DALLAS, April 11, 2024 (GLOBE NEWSWIRE) — Applied Digital Corporation (Nasdaq: APLD) (“Applied Digital” or the “Company”), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (“HPC”) applications, cloud services (“Cloud services”), and datacenter hosting (“Datacenter hosting”), reported financial results for the fiscal third quarter ended February 29, 2024. The Company also … The post Applied Digital Reports Fiscal Third Quarter 202...
- 04/11/2024
|
Applied Digital Corporation (APLD) Q3 2024 Earnings Call Transcript
- Applied Digital Corporation (NASDAQ:APLD ) Q3 2024 Results Conference Call April 11, 2024 5:00 PM ET Company Participants Alex Kovtun - IR, Gateway Group, Inc Wes Cummins - Chief Executive Officer David Rench - Chief Financial Officer Conference Call Participants Lucas Pipes - B. Riley George Sutton - Craig-Hallum Rob Brown - Lake Street Mike Grondahl - Northland Securities Darren Aftahi - ROTH John Todaro - Needham & Company Kevin Dede - H.C.
- 04/11/2024
|
Applied Digital shares fall after power outage dings results
- Shares of Applied Digital APLD, +2.68% fell after the company's revenue missed estimates following a power outage.
- 04/11/2024
|
Applied Digital misses quarterly revenue estimate amid power disruption at data center
- Data-center services provider Applied Digital missed Wall Street estimates for third-quarter revenue on Thursday, pressured by a power disruption at its Ellendale data center unit in January.
- 04/11/2024
|
Applied Digital Reports Fiscal Third Quarter 2024 Results
- DALLAS, April 11, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (“HPC”) applications, cloud services (“Cloud services”), and datacenter hosting (“Datacenter hosting”), reported financial results for the fiscal third quarter ended February 29, 2024. The Company also provided an operational update.
- 04/11/2024
|
Applied Digital Reschedules Fiscal Third Quarter 2024
- DALLAS, April 09, 2024 (GLOBE NEWSWIRE) — Applied Digital Corporation (Nasdaq: APLD) (“Applied Digital” or the “Company”), a designer, builder and operator of next-generation digital infrastructure designed for High-Performance Computing (“HPC”) applications, today announced that, in light of a scheduling issue, has moved its fiscal third quarter 2024 earnings conference call to Thursday, April 11, … The post Applied Digital Reschedules Fiscal Third Quarter 2024 appeared first on Headlines of To...
- 04/09/2024
|
Applied Digital Reschedules Fiscal Third Quarter 2024 Earnings Conference Call to Thursday, April 11, 2024 at 5:00 p.m. Eastern Time
- DALLAS, April 09, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder and operator of next-generation digital infrastructure designed for High-Performance Computing (“HPC”) applications, today announced that, in light of a scheduling issue, has moved its fiscal third quarter 2024 earnings conference call to Thursday, April 11, 2024, at 5:00 p.m. Eastern time. Financial and operational results for the fiscal third quarter ended February 29, 2024, will be issued after the market closes on Thursday, April 11, 2024.
- 04/09/2024
|
3 AI Data Center Stocks That Are About to Go Parabolic
- Artificial intelligence and data centers go hand-in-hand these days. As companies generate more data and rely on complex algorithms, they need robust infrastructure to store and process all that information efficiently.
- 04/09/2024
|
3 Stocks to Buy at Bargain-Basement Prices Before They Soar
- Many high-growth companies have been trading sideways for months or even years at depressed valuations. But as the old adage goes, the stock market is a weighing machine in the long-run.
- 04/09/2024
|
Wall Street Favorites: 3 Blockchain Stocks With Strong Buy Ratings for April 2024
- There are some blockchain stocks that every investor should have on their radars. These companies are strong contenders in the blockchain space, and I think they are an alternative to investing directly in cryptocurrencies such as Bitcoin ( BTC-USD ).
- 04/08/2024
|
Is It Worth Investing in Applied Digital Corporation (APLD) Based on Wall Street's Bullish Views?
- When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
- 04/03/2024
|
Applied Digital Sets Fiscal Third Quarter 2024 Earnings Conference Call for Wednesday, April 10, 2024 at 9:00 a.m. Eastern Time
- DALLAS, March 28, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder and operator of next-generation digital infrastructure designed for High-Performance Computing (“HPC”) applications, will host a conference call on Wednesday, April 10, 2024 at 9:00 a.m. Eastern time to discuss its operations and financial results from the fiscal third quarter ended February 29, 2024. A press release detailing these results will be issued before the market open on the same day.
- 03/28/2024
|
Applied Digital Corporation (APLD) Falls More Steeply Than Broader Market: What Investors Need to Know
- Applied Digital Corporation (APLD) concluded the recent trading session at $4.33, signifying a -1.81% move from its prior day's close.
- 03/26/2024
|
Applied Digital Corporation (APLD) Rises Higher Than Market: Key Facts
- Applied Digital Corporation (APLD) closed at $4.28 in the latest trading session, marking a +0.94% move from the prior day.
- 03/19/2024
|
Is Applied Digital Corporation (APLD) a Buy as Wall Street Analysts Look Optimistic?
- When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
- 03/14/2024
|
7 Growth Stocks That Could Turn $10,000 Into $500,000
- Growth stocks have been on a tear over the past year and a half – that's if you put them all in the same basket. If you invested in Big Tech, AI, or SaaS, you'd likely be sitting on some massive gains right now.
- 03/11/2024
|
Applied Digital Corporation (APLD) Stock Sinks As Market Gains: Here's Why
- In the latest trading session, Applied Digital Corporation (APLD) closed at $4.33, marking a -1.37% move from the previous day.
- 02/22/2024
|
The 3 Best Blockchain Stocks to Own for the Coming ‘Read, Write, Own' Era
- Everyone seems to have gone wild over Chris Dixon's book Read Write Own: Building the Next Era of the Internet. Some of the biggest hitters in business have given it their thumbs up.
- 02/20/2024
|
7 Penny Stocks to Buy Before They Pop 7,000%
- Penny stocks are polarizing — either you love them, or you hate them. I fall into the former camp.
- 02/19/2024
|
Applied Digital's Ellendale data center unit faces power outage, shares slump
- Applied Digital said on Friday revenue from its Ellendale data center hosting facility would take a hit in the current quarter by an ongoing power outage, sending its shares down more than 10% in extended trading.
- 02/09/2024
|
3 Penny Stocks That Can Deliver Over 5,000% Upside by 2025
- When it comes to high-risk, high-reward investments, few asset classes can compete with penny stocks. While these small-cap stocks tend to be volatile and speculative, the returns can be massive for investors with the patience and risk tolerance to ride out the ups and downs.
- 02/09/2024
|
Is Applied Digital's 35% stock plunge an AI buying opportunity?
- Applied Digital Co. NASDAQ: APLD shares experienced a 4X surge in 2023, riding the artificial intelligence (AI) trend as a provider of next-generation AI data centers. Its data centers were specifically constructed to operate high-performance computing (HPC), signing two clients to its AI Cloud service with a total contract value upwards of $640 million.
- 01/22/2024
|
This Top AI Start-Up Stock Is Falling Again to Start 2024 -- Why Most Investors Should Steer Clear
- Applied Digital stock is falling again after a confusing update to its financial guidance. AI infrastructure growth continues, but this company poses special risks that should give most investors pause.
- 01/19/2024
|
New Strong Sell Stocks for January 17th
- APLD, MATW and WERN have been added to the Zacks Rank #5 (Strong Sell) List on January 17, 2024.
- 01/17/2024
|
Applied Digital Corporation (APLD) Q2 2024 Earnings Call Transcript
- Applied Digital Corporation (APLD) Q2 2024 Earnings Call Transcript
- 01/16/2024
|
Applied Digital shares plunge on 2Q earnings miss
- Applied Digital shares plunged more than 20% in early trade on Tuesday after the provider of digital infrastructure solutions reported fiscal second quarter earnings that came in below expectations. For the quarter ended November 30, 2023, revenue was $42.2 million, far below expectations of $54.8 million.
- 01/16/2024
|
Why Applied Digital Corporation (APLD) Dipped More Than Broader Market Today
- The latest trading day saw Applied Digital Corporation (APLD) settling at $6.84, representing a -1.72% change from its previous close.
- 01/03/2024
|
Why Applied Digital Corporation (APLD) Outpaced the Stock Market Today
- The latest trading day saw Applied Digital Corporation (APLD) settling at $7.19, representing a +1.41% change from its previous close.
- 12/22/2023
|
The 3 Best Performing Stocks of 2023
- After a tough year in the equities space in 2022, the market rebounded quite robustly, warranting a discussion of the best performing stocks of 2023. However, it's no good to just consider empty statistics.
- 12/17/2023
|
Applied Digital Corporation (APLD) Sees a More Significant Dip Than Broader Market: Some Facts to Know
- In the most recent trading session, Applied Digital Corporation (APLD) closed at $6.51, indicating a -0.76% shift from the previous trading day.
- 12/15/2023
|
3 Speculative Stocks That Are About to Get Absolutely Crushed
- 2023 has seen a revival in the speculative stocks category. After a dismal 2022, many more adventurous parts of the market are back on the upswing.
- 12/12/2023
|
Applied Digital Corporation (APLD) Advances But Underperforms Market: Key Facts
- The latest trading day saw Applied Digital Corporation (APLD) settling at $5.63, representing a +0.18% change from its previous close.
- 12/07/2023
|
A Bull Market Is Coming: 2 Magnificent Growth Stocks to Buy Hand Over Fist Before They Soar 83% and 300%, According to Select Wall Street Analysts
- The economic downturn weighed on Toast's results, but it's now setting the stage for a bright future. Applied Digital is reinventing itself, turning its focus to AI just months before the recent boom took hold.
- 12/03/2023
|
Why Applied Digital Corporation (APLD) Dipped More Than Broader Market Today
- Applied Digital Corporation (APLD) closed the most recent trading day at $4.62, moving -1.7% from the previous trading session.
- 11/27/2023
|
Applied Digital Corporation (APLD) Ascends While Market Falls: Some Facts to Note
- Applied Digital Corporation (APLD) closed the most recent trading day at $4.47, moving +1.82% from the previous trading session.
- 11/21/2023
|
Why Applied Digital Stock Zoomed Nearly 9% Higher Today
- There might be a massive new client for its AI cloud services soon. This follows Microsoft's hiring of ex-OpenAI CEO Sam Altman.
- 11/20/2023
|
7 Blockchain Stocks to Buy Before Decentralization Goes Mainstream
- Blockchain stocks are still popular despite Blockchain and decentralization being terms thrown around quite loosely these days. There are numerous reasons behind the popularity of the concepts.
- 10/24/2023
|
3 Things About Applied Digital That Smart Investors Know
- Applied Digital could convert itself into a real estate investment trust soon. Most of its growth relies on two unnamed customers.
- 10/21/2023
|
Applied Digital Still Can't Impress Investors -- Time to Sell the Stock?
- 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.
- 10/14/2023
|
Why Applied Digital Stock Popped (Then Dropped) Today
- Applied Digital announced strong revenue growth but a wider-than-expected lost for its fiscal first quarter. The company credited its revenue growth to operations in its Jamestown and Ellendale, North Dakota facilities, as well as revenue recognized under its first-ever cloud-services contract.
- 10/09/2023
|
Better AI Stock: Applied Digital vs. SentinelOne
- Applied Digital could benefit from the surging demand for data center space across the AI market. SentinelOne aims to disrupt the cybersecurity market with AI-driven security tools.
- 10/01/2023
|
Is It Too Late to Buy Applied Digital Stock?
- Applied Digital's sales could skyrocket over the next three years. Its stock looks cheap relative to its growth rates and industry peers.
- 09/30/2023
|
Bitcoin Miner ETF Tops in First Nine Months: 5 Best Stocks
- Valkyrie Bitcoin Miners ETF (WGMI), which provides exposure to the bitcoin mining industry, has gained about 117% so far this year, becoming the top-performing ETF of the first nine months of 2023.
- 09/22/2023
|
Applied Digital's Transformative Growth Backed By Prudent Financing
- Applied Digital is well-positioned for growth in cryptocurrency mining and cloud computing services in 2023-2024. The company has rapidly expanded its crypto mining capacity and has multi-year customer deals in place to support revenue growth. APLD's debt profile and equity issuance provide the necessary capital and flexibility to scale operations and pursue growth objectives.
- 09/15/2023
|
Why Applied Digital Stock Plummeted Today
- 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 expectations but ended the day up just 0.5%.
- 08/24/2023
|
Why Applied Digital Stock Jumped Today
- Nvidia has given Applied Digital elite-partner status in its network. Investors were initially very excited in the new partner-network status.
- 08/22/2023
|
Why Applied Digital Stock Fell 15.2% This Week
- Applied Digital is up some 225% year to date. A shareholder lawsuit filed this week may have been a catalyst for the drop.
- 08/18/2023
|
Applied Digital stock soars after fiscal '24 guidance significantly outpaces expectations
- Shares of Applied Digital popped Monday as strong demand for its data center services led to impressive full-year guidance for fiscal 2024. For the fourth quarter of fiscal 2023, the company posted revenue of $22.04 million, compared to Street expectations of $22.68 million, and a loss of $0.07 per share, compared to expectations of $0.05 loss.
- 07/24/2023
|
Why Applied Digital Stock Popped 16% Today
- Data center company Applied Digital did just $8.5 million in fiscal 2022. Its 2023 number was more than 6x that.
- 07/24/2023
|
Applied Digital Corporation (APLD) Reports Q4 Loss, Tops Revenue Estimates
- Applied Digital Corporation (APLD) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to loss of $0.06 per share a year ago.
- 07/24/2023
|
3 Penny Stocks That AI Is Loving in July
- Are you on the hunt for the next big investment opportunity? For this month, I used ChatGPT with the Webpilot extension to find the best July penny stocks to buy.
- 07/21/2023
|
7 Growth Stocks to Buy to go Beyond the ‘Magnificent 7'
- The ‘Magnificent 7' stocks have garnered a lot of attention in 2023 for pulling equities out of a bear market and into a bull run. Headlines have seized upon their colossal influence noting that they are largely responsible for the turnaround.
- 07/17/2023
|
This AI Data Center Startup Stock Is Hot, but Is It Really a Buy?
- Applied Digital has captured some of the buzz around AI with its new data centers, but there's a lot more to the story. The company may not be the business model some investors think it is, and there are question marks surrounding exactly what it's up to.
- 07/12/2023
|
Why Applied Digital Stock Fell More Than 14% Today
- Two pundits separately issued criticism of the data-center solutions provider. The company strongly denied the accusations by one of its critics.
- 07/06/2023
|
Applied Digital Sets Fiscal Fourth Quarter and Full Year 2023 Earnings Conference Call for Monday, July 24, 2023 at 9:00 a.m. Eastern Time
- DALLAS, July 06, 2023 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder and operator of next-generation digital infrastructure that is designed for High Performance Computing (“HPC”) applications, will host a conference call on Monday, July 24, 2023 at 9:00 a.m. Eastern time to discuss its operations and financial results from the fiscal fourth quarter and full year ended May 31, 2023. The Company will also provide guidance for full year fiscal 2024. A press release detailing these results will be issued before the market open on the same day.
- 07/06/2023
|
Next-Gen AI Datacenters Driving Applied Digital Stock up 400%
- Next-generation data center solutions provider Applied Digital Co. NASDAQ: APLD stock exploded higher by over 400% in 2023. The company designs, constructs and operates high-performance computing (HPC) next-generation data centers.
- 07/05/2023
|
Why Applied Digital Stock Plummeted by Nearly 20% Today
- After cruising high on its latest artificial intelligence offerings, the stock abruptly reversed course. The data center specialist had two pieces of discouraging news to impart.
- 06/27/2023
|
Why Applied Digital Stock Blasted Nearly 14% Higher Today
- The data center operator continued to coast on a wave of positive sentiment regarding its artificial intelligence efforts. An analyst's price target bump contributed to its upward momentum.
- 06/26/2023
|
5 Stocks That AI Predicts Will Double Your Money in a Year
- This article is an excerpt from the InvestorPlace Digest newsletter. To get news like this delivered straight to your inbox, click here.
- 06/26/2023
|
Is Applied Digital (APLD) Stock the Next Big AI Play?
- Digital infrastructure specialist Applied Digital (NASDAQ: APLD ) — which focuses on next-generation data centers to undergird the rapidly expanding high-performance computing (HPC) industry — is making headlines on Friday. Specifically, the firm just inked a deal with an artificial intelligence (AI) customer through wholly owned subsidiary Sai Computing.
- 06/23/2023
|
Why Applied Digital Stock Is Soaring Again Today
- Applied Digital announced that it has won a $460 million contract to provide AI computing services for a new customer. The company's push into AI-focused cloud computing services appears to be picking up steam.
- 06/23/2023
|
Bitcoin Rocket Fuel: 3 Catalysts to Propel it Higher into Year End
- Bitcoin is up more than 75% year-to-date. Though many concerns exist, three major catalysts are likely to propel prices higher into the end of the year.
- 06/21/2023
|
Why Applied Digital Stock Jumped 15.1% This Week
- Applied Digital operates data centers for high-performance computing services. Its new data center in North Dakota passed an important test this week.
- 06/16/2023
|
Nasdaq ETF's First Six-week Rally Since Jan 2020: Stock Winners
- Nasdaq ETF marked first six-week rally since Jan 2020. These stocks gained more than 100% during this time frame.
- 06/05/2023
|
Why Applied Digital Stock Zoomed Higher Again Today
- Applied Digital shares got a significant price target increase from one analyst. This closely followed news that the data center specialist has begun offering artificial intelligence (AI) services.
- 05/18/2023
|
Why Applied Digital Stock Rocketed 44% Today
- Applied Digital generated sales of only $8.5 million last year. So far this year, the company has grown sales to more than $33 million.
- 05/16/2023
|
Applied Digital Announces Upcoming Conference Participation
- DALLAS, May 11, 2023 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital " or the "Company"), a designer, builder and operator of next-generation digital infrastructure that is designed for High Performance Computing (“HPC”) applications, today announced its participation in the 18th Annual Needham Technology & Media Conference, 23rd Annual B. Riley Institutional Investor Conference, and 20th Annual Craig-Hallum Institutional Investor Conference.
- 05/11/2023
|
Applied Digital Corporation (APLD) Q3 2023 Earnings Call Transcript
- Applied Digital Corporation (NASDAQ:APLD ) Q3 2023 Earnings Conference Call April 6, 2023 9:00 AM ET Company Participants Alex Kovtun - IR, Gateway Group, Inc. Wes Cummins - Chief Executive Officer David Rench - Chief Financial Officer Conference Call Participants Lucas Pipes - B. Riley Rob Brown - Lake Street Capital George Sutton - Craig-Hallum Capital Group John Todaro - Needham and Company Mike Grondahl - Northland Capital Markets Kevin Dede - H.
- 04/06/2023
|
Applied Digital Corporation (APLD) Reports Q3 Loss, Lags Revenue Estimates
- Applied Digital Corporation (APLD) delivered earnings and revenue surprises of 80% and 34.36%, respectively, for the quarter ended February 2023. Do the numbers hold clues to what lies ahead for the stock?
- 04/06/2023
|
Applied Digital Reschedules Fiscal Third Quarter 2023 Earnings Conference Call to Thursday, April 6, 2023 at 9:00 a.m. Eastern Time
- DALLAS, April 04, 2023 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder and operator of next-generation digital infrastructure that is designed for High Performance Computing (“HPC”) applications, announced today that it has rescheduled its earnings conference call from Thursday afternoon to Thursday morning, April 6, 2023 to 9:00 a.m. Eastern time before the market open to discuss its operations and financial results from the fiscal third quarter ended February 28, 2023. A press release detailing these results will be issued before the market open on the same day.
- 04/04/2023
|
Applied Digital Sets Fiscal Third Quarter 2023 Earnings Conference Call for Thursday, April 6, 2023 at 5:00 p.m. Eastern Time
- DALLAS, March 23, 2023 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder and operator of next-generation digital infrastructure that is designed for High Performance Computing (“HPC”) applications, will host a conference call on Thursday, April 6, 2023 at 5:00 p.m. Eastern time to discuss its operations and financial results from the fiscal third quarter ended February 28, 2023. A press release detailing these results will be issued after the close of trading on the same day.
- 03/23/2023
|
7 Penny Stocks With Strong Insider Buying Signals
- When it comes to penny stocks, a diligent look at fundamentals and insider activity should be key to your research. After all, penny stocks with strong insider buying can potentially be strong opportunities.
- 03/05/2023
|
5 Penny Stocks To Buy According To Insider Bets Up To $5.3 Million
- Penny stocks to watch with insider trading. The post 5 Penny Stocks To Buy According To Insider Bets Up To $5.3 Million appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 02/15/2023
|
Applied Digital Corporation. (APLD) Q2 2023 Earnings Call Transcript
- Applied Digital Corporation. (NASDAQ:APLD ) Q2 2023 Earnings Conference Call January 9, 2023 5:00 PM ET Company Participants Jeff Grampp - IR, Gateway Group, Inc. Wesley Cummins - CEO David Rench - CFO Conference Call Participants Lucas Pipes - B.
- 01/09/2023
|
Applied Digital Announces Upcoming Conference Participation
- DALLAS, Jan. 03, 2023 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital " or the "Company"), a designer, builder and operator of next-generation datacenters that provide power to blockchain infrastructure and support High-Performance Computing (HPC) applications, today announced its participation in the 25th Annual Needham Growth Conference. The 25th Annual Needham Growth Conference is being held January 10 – 12, 2023 at The Lotte New York Palace in New York City. Applied Digital management will be hosting one-on-one meetings with investors and is scheduled to present on January 10, 2023 at 3:00 p.m. Eastern Time.
- 01/03/2023
|
Applied Digital Sets Fiscal Second Quarter 2023 Earnings Conference Call for Monday, January 9, 2023 at 5:00 p.m. Eastern Time
- DALLAS, Dec. 28, 2022 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder and operator of next-generation digital infrastructure that is designed for High Performance Computing (“HPC”) applications, will host a conference call on Monday, January 9, 2023 at 5:00 p.m. Eastern time to discuss its operations and financial results from the fiscal second quarter ended November 30, 2022. A press release detailing these results will be issued after the close of trading on the same day.
- 12/28/2022
|
Applied Digital: A Lot Of Long-Term Potential If It Can Execute
- Diversification of Applied Digital Corporation's customer base as a percentage of revenues is important to mitigate risk. Transitioning beyond the Bitcoin mining sector could be a good move for Applied Digital if demand is there and the company can attract new customers from other market sectors.
- 12/20/2022
|
Applied Blockchain Announces Upcoming Conference Participation
- DALLAS, Nov. 04, 2022 (GLOBE NEWSWIRE) -- Applied Blockchain, Inc. (Nasdaq: APLD) ("Applied Blockchain" or the "Company"), a designer, builder and operator of next-generation datacenters that provide power to blockchain infrastructure and support High-Performance Computing (HPC) applications, today announced its participation in Cantor Fitzgerald Crypto & Disruptive Finance Conference, Roth's 11th Annual Technology Event and Craig-Hallum's 13th Annual Alpha Select Conference.
- 11/04/2022
|
Confidential Computing Presents Unique Opportunities for Technology Investors
- Confidential computing is a cutting-edge technology that protects the most sensitive information by focusing on data protection with hardware-based trusted execution environments. This emerging security model is in high demand today as more data-driven businesses migrate to the cloud, particularly in highly regulated industries such as banking, which deal with large volumes of extremely confidential data.
- 10/24/2022
|
Applied Blockchain, Inc. (APLD) Q1 2023 Earnings Call Transcript
- Applied Blockchain, Inc. (NASDAQ:APLD ) Q1 2023 Earnings Conference Call October 11, 2022 5:00 PM ET Company Participants Jeff Grampp - IR, Gateway Group, Inc Wes Cummins - CEO David Rench - CFO Conference Call Participants Lucas Pipes - B. Riley Securities Chris Brendler - D.
- 10/11/2022
|
7 Struggling IPOs to Buy for the Long-Term
- Sometimes, heavily hyped initial public offerings (IPOs) don't always pan out. Throughout this year, a myriad of headwinds, ranging from monetary policy shifts to geopolitical instability contributed to a dour environment.
- 10/05/2022
|
Investor Confidence Is Stifling as Crypto Market Starts to Unravel
- The crypto market is starting to unravel, and fast.
- 09/12/2022
|
Applied Blockchain, Inc. (APLD) Q4 2022 Earnings Call Transcript
- Applied Blockchain, Inc. (NASDAQ:APLD ) Q4 2022 Earnings Conference Call August 25, 2022 5:00 PM ET Company Participants Jeff Grampp - IR, Gateway Group, Inc Wes Cummins - CEO David Rench - CFO Conference Call Participants Chris Brendler - D. A. Davidson Lucas Pipes - B.
- 08/25/2022
|
Applied Blockchain Sets Fiscal Fourth Quarter and Full Year 2022 Earnings Conference Call for Thursday, August 25, 2022 at 5:00 p.m. Eastern Time
- DALLAS, Aug. 15, 2022 (GLOBE NEWSWIRE) -- Applied Blockchain, Inc. (Nasdaq: APLD) ("Applied Blockchain" or the "Company") will host a conference call on Thursday, August 25, 2022 at 5:00 p.m. Eastern Time to discuss its operations and financial results from the fiscal fourth quarter and fiscal year ended May 31, 2022. A press release detailing these results will be issued after the close of trading on the same day.
- 08/15/2022
|
Hot Penny Stocks to Watch Before Market Open on July 29th
- Here's what you need to know about buying penny stocks on July 29th The post Hot Penny Stocks to Watch Before Market Open on July 29th appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 07/29/2022
|
What to Know About Buying Penny Stocks on July 20th
- Here's what you need to know about trading penny stocks on July 20th The post What to Know About Buying Penny Stocks on July 20th appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 07/20/2022
|
9 Stock Picks With Important Insider Trading Signals to Buy Now
- Bullish insider trading transactions are intriguing for formulating stock picks, particularly during a corrective period in the markets. The post 9 Stock Picks With Important Insider Trading Signals to Buy Now appeared first on InvestorPlace.
- 06/07/2022
|
7 Growth Stocks That Are Screaming Buys on Sale
- While the market selloff has been a rough time for investors, it also gives them an opportunity to acquire growth stocks on the cheap. The post 7 Growth Stocks That Are Screaming Buys on Sale appeared first on InvestorPlace.
- 05/27/2022
|
Applied Blockchain's (APLD) CEO Wes Cummins on Q3 2022 Results - Earnings Call Transcript
- Applied Blockchain, Inc. (NASDAQ:APLD ) Q3 2022 Earnings Conference Call May 13, 2022 9:00 AM ET Company Participants Jeff Grampp - IR, Gateway Group, Inc. Wes Cummins - CEO David Rench - CFO Conference Call Participants Lucas Pipes - B. Riley John Todaro - Needham Mike Grondahl - Northland Securities Rob Brown - Lake Street Capital Chris Brendler - D.
- 05/13/2022
|
Applied Blockchain Sets Fiscal Third Quarter 2022 Earnings Conference Call for Friday, May 13, 2022 at 9:00 a.m. Eastern Time
- DALLAS, May 06, 2022 (GLOBE NEWSWIRE) -- Applied Blockchain, Inc. (Nasdaq: APLD) ("Applied Blockchain" or the "Company") will host a conference call on Friday, May 13, 2022 at 9:00 a.m. Eastern Time to discuss its operations and results from the fiscal third quarter 2022. A press release detailing these results will be issued before the open of trading on the same day.
- 05/06/2022
|
U.S. IPO Weekly Recap: The Second Quarter Starts With No IPOs
- There were no IPOs in the first week of April, though one SPAC priced. Four IPOs submitted initial filings.
- 04/09/2022
|
Applied Blockchain Continues With Crypto Mining IPO Trend
- Applied Blockchain has filed to raise $75 million in a U.S. IPO.
- 11/29/2021
|
U.S. IPO Weekly Recap: The Shortened Holiday Week Brings Just 1 IPO
- The IPO market got a break during the shortened holiday week, with just one IPO and six SPACs. Air purification company AeroClean Technologies priced its Reg A+ IPO at the low end to raise $25 million at a $139 million market cap.
- 11/27/2021
|
Applied Blockchain, Inc. Adds Pool Services Through Significant Partnership Expansion
- DALLAS, Oct. 19, 2021 (GLOBE NEWSWIRE) -- Applied Blockchain, Inc. ("Applied Blockchain" or the "Company") (PINK: APLD) today announced a significant expansion of their services agreement with a strategic partner to include access to technology and resources for mining pool services. This expanded agreement will provide access to both the technology and technical support that once powered the largest Ethereum mining pool in the world, serving over 22% of the global Ethereum hashrate.
- 10/19/2021
|
Applied Blockchain, Inc. Signs Energy Services Agreement with Utility Partner
- DALLAS, Aug. 6, 2021 /PRNewswire/ -- Applied Blockchain, Inc. ("Applied Blockchain" or the "Company") (PINK: APLD) today announced it has entered into an Energy Service Agreement (ESA) with a utility partner located in the upper Midwest in support of its entry into the crypto hosting business. The agreement, which became effective on August 4, 2021, provides for up to 100 megawatts of power for five years and is subject to regulatory approval.
- 08/06/2021
|
