Applied Digital Revenue More Than Doubles to $126.6M in Q3 as AI Demand Explodes
Applied Digital revenue more than doubled on AI demand, beat expectations, and is rapidly expanding data centers despite reported losses.
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Wolfpack Short Report Crushes BW: Shady $2.4B Deal With RILY Insider Corp
Wolfpack Research released a critical short report questioning Babcock & Wilcox's $2.4 billion deal with Base Electron, a new RILY-backed company. APLD contradicts BW's claims and already has grid power agreements, casting major doubt on the project.
BW Lands Massive $2.4 Billion AI Data Center Power Contract – Shares Surge
Babcock & Wilcox secures full $2.4B contract to build 1.2GW natural gas power capacity for Applied Digital's AI data centers.
AI Credit Fears Strike Back: Crushing Data Centers and Speculative Trades
Data center and AI-related stocks like CoreWeave plunged sharply as rising credit risks and heavy spending fears spark a sell-off in speculative tech trades. Investors are pushing back against big capital expenses.
Nvidia Dumps Stakes: Applied Digital, WeRide & Recursion Stocks Slide in After-Hours
Nvidia's latest 13F filing reveals it sold positions in Applied Digital, WeRide, and Recursion Pharmaceuticals in Q4 2025, causing after-hours dips.
Applied Digital Crushes Q2 Expectations with Strong AI Data Center Growth
Applied Digital (APLD) reports Q2 2026 earnings that exceed analyst estimates, driven by AI data center expansion and major hyperscaler partnerships.