My reverse DCF on APLD implies a very high 15-year EBITDA growth ask, but current CoreWeave and hyperscaler leases suggest the company can realistically reach the required $1.5 billion run rate.

Applied Digital’s AI data center business is booming. It’s secured $16 billion in leases for the next 15 years. Its stock isn’t cheap, and its upcoming cloud spin-off will reduce its reported revenue.

We recently published 10 Stocks Already Shocking 2026 With Massive Gains. Applied Digital Corp. (NASDAQ:APLD) was one of the top performers last week. Applied Digital soared by 16.88 percent ...

Cummins stated, "We now expect to surpass our long-term goal of $1 billion in NOI within 5 years." The Dakota campuses are expected to maintain a strategic advantage through low-cost energy and ...

Applied Digital (APLD) announced a strategic spinoff that could reshape its position in the booming AI infrastructure market. The data center operator revealed plans to merge its cloud computing ...

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RIDGEWOOD, Queens (WABC) -- A huge multi-building fire in Queens left five firefighters and one resident injured early Tuesday morning. Officials say one firefighter is lucky to be alive after an air ...