Shares of Applied Digital Corp. (APLD) gained nearly 12% in morning trade on Thursday after the company reported a smaller-than-expected loss on demand for cloud services, prompting a price-target ...

It offers a comprehensive understanding of the entire IT cost base, beyond just cloud services. By moving toward unit economics and tying IT spend directly to business outcomes, companies can ...

Data center operator Applied Digital on Tuesday posted a smaller-than-expected loss for the second quarter, helped by increased demand for high-performance data center infrastructure and cloud ...

Cloud Services revenue totaled $27.7 million in the second quarter, up 523% year-over-year. Applied Digital’s Data Center Hosting business generated $36.2 million in revenue during the quarter.

Applied Digital Posts Smaller-Than-Expected Loss on Demand for Cloud Services (Reuters) - Data center operator Applied Digital on Tuesday posted a smaller-than-expected loss for the second quarter ...

The partnership aims to solidify Applied Digital's position in the rapidly evolving cloud AI sector, focusing on next-generation data centers capable of handling advanced AI workloads. The agreement ...

helped by increased demand for high-performance data center infrastructure and cloud services business. The funding deal with Macquarie will help Applied Digital repay debt incurred to build its ...