US EditionWhy Applied Digital Surged After Nvidia Bet $2 Billion on CoreWeave
5 Articles
5 Articles
Why Applied Digital Surged After Nvidia Bet $2 Billion on CoreWeave
Quick Read Applied Digital (APLD) surged 14% after Nvidia invested $2B in CoreWeave. Applied Digital stock rose 68% year-to-date. CoreWeave is Applied Digital’s anchor customer with $11B in contracted lease revenue across 400 MW of data center capacity. Applied Digital holds $2.6B in debt against $1.9B in cash and issued $2.35B in 9.25% notes due in 2030. It sounds nuts, but SoFi is giving new active invest users up to $1,000 in stock for a …
Applied Digital stock price slides as APLD gives back Nvidia-CoreWeave rally — what investors watch next
New York, Jan 28, 2026, 13:12 ET — Regular session Shares of Applied Digital Corp dropped roughly 5% on Wednesday, retreating after a sharp rally fueled by AI data-center demand buzz. The stock slipped 5.2% to $39.19, having earlier hit an intraday peak of $42.60. The pullback follows a strong rally in Applied Digital, which closed at $41.35 on Tuesday, up from $36.18 the previous day, per Yahoo Finance historical data. Investors had been piling…
Nvidia invests two billion dollars in CoreWeave, thus strengthening the partnership between the two companies as energy demand increases to support the construction of data centres dedicated to AI.
Nvidia posts double-digit billion dollar investment in AI company “The largest infrastructure expansion in human history.” According to Nvidia CEO Jensen Huang, this is what is required in the industry to
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