Applied Digital Earnings Boost Drives Pre-Market Rally

16 days ago

Valerie Titel

"Applied digital up 22% in the pre-market trade. This comes after earnings where their revenue did beat estimates, and they also had some positive details about expanding a lease agreement with Core Weave for additional compute. They are in advanced discussions to build and focus on a data center campus in North Dakota."

The commentary describes a robust pre-market rally for Applied Digital, with shares up 22% following strong earnings and significant developments on a lease agreement with Core Weave. The focus on establishing a data center campus in North Dakota adds positive catalyst potential.

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