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Alpha 52
Where AI meets Quant
APLD
35.22
- 2.44%
Signal: 23.5
Slowing Down
Applied Digital Corporation
Software

News Sentiment

59m ago
Bullish 85%
Bearish 15%

News Summary

The company reported a stellar Q4 earnings report, exceeding Wall Street expectations with strong revenue growth. Key drivers included the early revenue generation from its Polaris Forge 1 data center and the signing of a major lease with a U.S. hyperscaler. The company appointed its co-founder as President, formalizing his leadership. It is investing in advanced power and cooling infrastructure to support AI data center demand. Analysts are highly optimistic, with some price targets implying significant potential upside from current levels.
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