Applied Digital Corporation announced a conference call on July 27, 2026, to discuss its fiscal fourth quarter and full-year financial results ending May 31, 2026. The company, known for designing and operating AI-focused data centers, will share updates on its operations and financial performance. This event is important as Applied Digital continues to expand its high-performance, sustainable data center capacity, supporting AI, networking, and blockchain workloads. Investors can expect insights into the company’s growth strategy and progress in the rapidly evolving AI infrastructure market.
Cipher Digital's stock dropped 14% following its announcement of an $850 million convertible senior notes offering combined with an exchange of existing debt for shares, which causes immediate shareholder dilution. The company is funding its data cen...
Applied Digital, which builds AI data centers with $36 billion in contracted revenue, has seen its stock fall 15.8% year to date due to high debt and unprofitability despite strong lease contracts. Meanwhile, Wolfspeed, a maker of power chips for AI ...
IREN Limited's stock rose 4% following an unconfirmed report that it signed a multiyear AI cloud contract with Anthropic, a private AI developer. This potential deal could add a major frontier AI lab to IREN's customer list, which already includes Mi...
Applied Digital's stock has fallen over 50% from its peak, currently trading at $23.85, while analysts' average price target is $65.37, implying a 174% upside. The company builds AI data center campuses and has $36 billion in contracted lease revenue...
