Applied Digital (APLD) stock jumps after revenue beat as AI data-center leases pile up
New York, January 7, 2026, 18:01 ET — After-hours Applied Digital shares rose about 7% in after-hours trading on Wednesday after the data center operator posted quarterly revenue that beat Wall Street estimates, helped by demand for capacity used to train and run AI models. The company reported fiscal second-quarter revenue of $126.6 million for the period ended Nov. 30, versus analysts’ estimate of $88 million, according to LSEG data. Reuters The report lands as investors try to sort durable AI infrastructure spending from short bursts of capital spending that can fade when budgets tighten. Smaller builders still have to