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Macquarie, Applied Digital
Applied Digital stock jumps on report Macquarie investing up to $5B
Shares of Applied Digital (NASDAQ:APLD) jumped 25% premarket on Tuesday after the Wall Street Journal reported that Macquarie will invest up to $5B in data centers being built by the artificial-intelligence infrastructure company.
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.
Applied Digital Up 32% on $5B AI Bet by Macquarie
The AI boom just got bigger as Macquarie fuels Applied Digital's data center empire. Investors are taking notice
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.
Wall Street Journal
5d
Reporter, The Wall Street Journal
Rolfe Winkler
is a reporter covering
digital
health based out of The
Wall
Street
Journal
's San Francisco bureau. He writes about how technology companies large and small are innovating in ...
1d
on MSN
Google Comes Under U.K. Investigation Over Search Services
It will be the first investigation under a new digital markets competition regime that could force the company to change its ...
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