Applied Digital (APLD) Stock

Wall Street spiraled into panic mode Monday when Chinese artificial intelligence (AI) company DeepSeek unboxed a chatbot that reportedly matches OpenAI's capabilities, while requiring significantly less computational power. The news triggered a massive sell-off in Nvidia shares, which plunged 17% and erased nearly $600 billion in market value -- the largest single-day loss for any public company in history.

Since ChatGPT burst onto the scene in late 2022, the artificial intelligence (AI) revolution has been nothing short of extraordinary. Early movers like Nvidia, Microsoft, and Broadcom have already delivered staggering returns for investors who recognized the potential of AI infrastructure.

APLD shares benefit from an expanding data center capacity, which aids top-line growth. However, stretched valuation is a concern.

We have put together a list of the 10 companies that are performing well despite Wall Street's dull trading. In this article, we will examine how Applied Digital Corporation (NASDAQ:APLD) compares to other stocks. On Thursday, trading remained weak, and the main indices on Wall Street showed only slight changes by the end of the day.

Applied Digital's second-quarter fiscal 2025 results benefit from growing demand for its Cloud Services and Data Center Hosting business.

Applied Digital Corporation (NASDAQ:APLD ) Q2 2025 Results Conference Call January 14, 2025 5:00 PM ET Company Participants Matt Glover - IR, Gateway Group, Inc. Wes Cummins - CEO Saidal Mohmand - CFO Conference Call Participants Nick Giles - B. Riley Securities Rob Brown - Lake Street Capital Darren Aftahi - ROTH Capital Partners Mike Grondahl - Northland Securities George Sutton - Craig-Hallum Brett Knoblauch - Cantor Fitzgerald Operator Good afternoon, and welcome to Applied Digital's Fiscal Second Quarter 2025 Conference Call.

Applied Digital Corporation (APLD) came out with a quarterly loss of $0.66 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to loss of $0.10 per share a year ago.

Data center operator Applied Digital on Tuesday posted a smaller-than-expected loss for the second quarter, helped by increased demand for high-performance data center infrastructure and cloud services business.

DALLAS, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for high-performance computing (“HPC”) applications, cloud services (“Cloud Services”), and data center hosting (“Data Center Hosting”), reported financial results for the fiscal second quarter ended November 30, 2024. The Company also provided an operational update.