On August 6, 2026, Wall Street launched the first 'Neocloud' ETF, holding companies that rent AI compute to hyperscalers, aiming to isolate the AI-compute rental trade that broad funds like the Invesc…
Applied Digital (NASDAQ:APLD) and IREN Limited (NASDAQ:IREN) each climbed 6% to $28.48 and $42.04, respectively, while Core Scientific (NASDAQ:CORZ) gained 4% to $17.93, as the digital infrastructure …
CoreWeave reported second-quarter 2026 revenue of $2.58 billion, up 112% year over year, and guided third-quarter revenue to $3.45 billion–$3.6 billion, with full-year revenue of $12.4 billion–$13.2 b…
Nebius Group (NASDAQ: NBIS) shares fell 13% to $215.52 on Wednesday after the Amsterdam-based AI cloud company announced a $4.5 billion convertible senior note offering and a share exchange plan tied …
Nutanix and ChronoScale Holdings are partnering to accelerate enterprise AI adoption, combining Nutanix's agentic AI products with ChronoScale's accelerated compute and AI foundry, with both companies…
The S&P 500 rose 0.26% to 7,748.50 points on Wednesday, lifted by upbeat results from CoreWeave and other AI infrastructure firms, while mild inflation data reinforced bets the Federal Reserve will ho…
AI infrastructure stocks surged Wednesday after Supermicro, CoreWeave, and Nebius Group reported strong results, with Supermicro beating Q4 earnings expectations and issuing upbeat Q1 guidance, sendin…
IREN Ltd. (IREN) is expanding its AI cloud services to convert contracted demand into profits, competing with Core Scientific (CORZ) and Applied Digital (APLD). The company aims to leverage its existi…
VanEck's Onchain Economy ETF (NODE) increased positions after market pullbacks in April and May 2026 without triggering margin calls because the fund does not use leverage. The actively managed ETF, l…
Applied Digital reported fiscal Q4 2026 revenue of $258.7 million, a 407% year-over-year increase, driven by its pivot from crypto mining to AI-focused data centers. The company has secured approximat…
Applied Digital posted Q4 fiscal 2026 revenue of $258.7 million, a 407% year-over-year increase, and adjusted earnings of $0.04 per diluted share, beating Wall Street estimates. The AI data center com…
Morgan Stanley analyst Stephen Byrd initiated coverage of Applied Digital (APLD) on July 23 with an Equal Weight rating and a $36.50 price target, citing fair value in the former Bitcoin miner's pivot…
Uranium spot prices have settled around $85 per pound, with long-term contract prices at $90 per pound, a level not seen since 2008, according to Cameco data, as AI data center electricity demand is e…
Hut 8 Corp. surged 30-35% after announcing a 15-year triple-net lease worth $9.8 billion for the first phase of its Beacon Point AI data center campus in Nueces County, Texas, covering 352 megawatts o…
Applied Digital signed two 15-year leases with a US hyperscaler for the Polaris Forge 3 and Delta Forge 2 data center campuses, worth a combined $12.7 billion in base contracted revenue. The company n…
Bitzero Holdings Inc., a Canadian data center company backed by Kevin O'Leary, listed its voting shares on the Canadian Securities Exchange under ticker BITZ.U in late December 2025 after raising over…
Compass Point raised its price target on Applied Digital (APLD) following the company's announcement of a major AI data center lease agreement. The analyst firm cited the deal as a significant catalys…
Applied Digital is developing "Delta Forge 1," a $3.6 billion AI factory campus in Rapides Parish, Louisiana, with a 430 MW capacity and a 300 MW lease valued at $7.5 billion over 15 years. The initia…
Applied Digital secured a hyperscaler deal that signals the start of a larger artificial intelligence opportunity for the company. The agreement positions the firm to expand its AI infrastructure capa…