Applied Digital Stock Surges

Applied Digital Stock Surges After Bank Agrees to Invest in Data Centers
Australian bank Macquarie will invest up to $5 billion in data centers being built by Applied Digital. Shares in the AI infrastructure company jumped 17% Tuesday morning. Read more:
Applied Digital Shares Climb on $5B Data Center Investment From Macquarie
Applied Digital shares climbed Tuesday after the company confirmed that Macquarie Asset Management would invest up to $5 billion in the AI company's data centers. Shares were recently up 23% to $9.55 in premarket trading. The stock's highest closing price in the past year was $10.68, reached in November; it's up 40% in the past 52 weeks.
Macquarie to invest up to $5 billion in Applied Digital data centers, WSJ reports
Investment bank Macquarie will invest up to $5 billion in Applied Digital's AI data centers and will take a 15% stake in the company, the Wall Street Journal reported on Tuesday, sending the technology firm's shares up over 30% in premarket trading.
Macquarie to Invest Up to $5 Billion in Applied Digital AI Data Centers
The deal follows strong investor interest in businesses connected to the AI boom.
Applied Digital Stock Jumps on Up to $5B Investment by Australian Fund Macquarie
Key Takeaways Applied Digital shares surged in intraday trading Tuesday after announcing that Macquarie Asset Management is investing up to $5 billion in its high-performance computing data centers.Nvidia is already an investor in Applied Digital data centers and announced a stake in the company last year.
Time to Finally Organize Your Digital Photos. First You Have to Find Them.
Don’t forget about old hard drives and neglected Facebook accounts.
Washington Post’s daily digital reader base shrunk during Biden years by nearly 90%, internal data reveals
New internal datas revealed that The Washington Post's daily online readership has plummeted throughout the time of the Biden ...