Applied Digital to Spin Out Cloud Computing Business, Combine It with Robotics Company

Applied Digital to spin out cloud computing business, combine it with robotics company

Dallas-based Applied Digital Corp. plans to spin out its cloud computing business and combine it with a California-based powered exoskeleton business. Read on to learn more about why one of the fastest-growing companies in North Texas is pursuing the unique deal.

Applied Digital Is Spinning Out Its Cloud Business. How Should You Play APLD Stock Here?

Applied Digital is an AI stock that has more than tripled shareholder returns over the last 12 months. However, it is also down 40% from all-time highs, allowing you to buy the dip.

Applied Digital stock slides after ChronoScale cloud spinout plan with Ekso; APLD traders eye Jan. 7 earnings

NEW YORK, December 30, 2025, 20:18 ET — Market closed Applied Digital shares fell 2.9% to $24.08 on Tuesday, retreating from early gains as investors weighed the company’s plan to spin out its cloud computing business into a proposed tie-up with Ekso Bionics. The Nasdaq-listed stock traded between $24.03 and $26.33, with about 25.5 million shares changing hands. The proposal matters because Applied Digital has become a high-volatility bet on the…

Applied Digital to Spin Out Cloud Business, Proposes Business Combination with EKSO to Launch ChronoScale

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