News

Applied Digital Unlocks Multi-Billion-Dollar Revenue Stream With New AI Deal

Applied Digital landed a new 210 MW lease at its Delta Forge 2 campus with a U.S.-based investment-grade hyperscaler, bringing total contracted revenue across five AI factory campuses to approximately…

The S&P 500 Index ($SPX ) (SPY ) today is down -0.28%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.80%. June E-mini S&P futures (ESM26 ) are down -0.25%, and June E-mini Nasdaq futures...

Yahoo Finance's Julie Hyman takes a look at some of Tuesday's trending tickers and stories, including GSK (GSK) buying biotech firm Nuvalent (NUVL), Applied Digital's (APLD) deal with a hyperscaler, and Vail Resorts (MTN) cutting its full-year guidance.

By Karen Roman Applied Digital Corp. (Nasdaq: APLD) said it closed a $350 million revolving credit facility, arranged by Goldman Sachs, for the pre and post-lease development of its data […]

IREN Limited is expanding into Australia with an 800MW data center campus designed to support growing AI infrastructure demand across Asia-Pacific.

The S&P 500 Index ($SPX ) (SPY ) today is up +0.93%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.89%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.17%. June E-mini S&P futures (ESM26 ) are up +0.76%, and June E-mini Nasdaq futures...

Needham raised its price target for Applied Digital to $83 from $66, while keeping a ‘Buy’ rating on the stock.

A 15-year deal with a U.S. investment-grade hyperscaler brings total contracted revenue to $36 billion

The data-center developer announces the signing of a 15-year lease at a secretive new artificial-intelligence campus somewhere in a southern U.S. state.

FEATURE There’s no need for Wall Street to worry about the artificial-intelligence trade fizzling out, judging by the stocks that were rising ahead of the opening bell Tuesday. Chip maker Marvell Technology jumped 4.

June S&P 500 E-Mini futures (ESM26) are up +0.46%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.69% this morning as a rebound in the AI trade entered a second day.

APLD, ACRE and SKY have been added to the Zacks Rank #5 (Strong Sell) List on June 9, 2026.

June 9 (Reuters) - U.S. stock index futures climbed on Tuesday, as chip stocks extended gains for a second day, while easing hostilities in the Middle East also aided sentiment.

U. S. equity futures pointed higher on Tuesday as investors monitored developments surrounding the conflict with Iran and a recovery in artificial intelligence-related technology shares.

Applied Digital (NasdaqGS:APLD) signed a 15-year, 210 MW take-or-pay lease with a U.S.-based investment-grade hyperscaler at its Delta Forge 2 campus. The agreement brings total contracted lease revenue to about US$36b across five campuses. Roughly 70% of Applied Digital's contracted revenue is now with investment-grade hyperscalers. The deal adds a new campus and expands the company's role as an AI infrastructure provider. Applied Digital focuses on providing high-performance data center...

Applied Digital announced that it has expanded its AI data center footprint with a $5.2B lease at Delta Forge 2 campus.

Looking back on it services & other tech stocks’ Q1 earnings, we examine this quarter’s best and worst performers, including Applied Digital (NASDAQ:APLD) and its peers.

Applied Digital has signed a 15-year lease with a U.S.-based hyperscaler at its Delta ‌Forge 2 site which is expected to generate about $5.2 ‌billion in revenue over the period, sending the company's shares up 8.7% ​in extended trading. Major technology companies are raising their spending on data centers to support powerful artificial intelligence models, boosting demand for electricity, computing capacity and specialized facilities. About 70% of Applied Digital's ‌contracted revenue is now ⁠backed by U.S.-based investment-grade hyperscalers, the company said on Monday.

Applied Digital Corporation (NASDAQ:APLD) is one of the AI Bubble Stocks to Short Now According to Reddit. On May 28, Applied Digital Corporation (NASDAQ:APLD) was reiterated with a Buy rating and a $66 price target by Needham analyst John Todaro. ​The analyst cited strong multi-year growth visibility following conversations with the management. Todaro’s core thesis […]

APLD's power strategy centers on securing utility-connected capacity and expanding grid resources to support rising AI infrastructure demand.

Despite high volatility, Applied Digital stock is up more than 60% in 2026.

Applied Digital (NasdaqGS:APLD) has signed a 15 year hyperscaler contract tied to a large AI focused IT load. The agreement positions the company as a key landlord for dedicated AI data center capacity in North America. The deal materially increases the visibility of future contracted lease revenue and long term capacity use. For investors watching AI infrastructure, Applied Digital now appears less like a former cryptocurrency miner and more like a core utility provider for large...

Wall Street sees big upside in all of them.

A number of stocks fell in the afternoon session after a stronger-than-expected May jobs report fueled concerns that the Federal Reserve will keep interest rates elevated.

Check out our earnings calendar for this week, as well as our previews and recaps of the more noteworthy reports.

IREN Limited surges 60% in three months, but falling Bitcoin mining revenues, rising impairment charges and fierce AI data center competition cloud the outlook.

A number of stocks fell in the afternoon session after the combination of rising oil prices, higher Treasury yields, and shifting rate expectations tightened the macro backdrop for corporate clients.

Everyone knows Nvidia powers the AI boom. Far fewer investors are paying attention to the companies building the infrastructure behind it.

IREN raises its ARR target to $4.4 billion as a major Blackwell deployment supports expanded AI cloud capacity and growth plans.