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NASDAQ:APLD 2 February 2026 - 20 June 2026

Applied Digital stock ends higher as AI data-center funding shapes holiday-shortened week

Applied Digital stock ends higher as AI data-center funding shapes holiday-shortened week

Applied Digital shares ended a holiday-shortened U.S. trading week higher, with investors still weighing the Dallas company’s rapid buildout of artificial-intelligence data centers against the debt needed to pay for it. The stock closed Thursday at $46.59, up 2.24% on the day, before Nasdaq’s Juneteenth market closure on Friday.
U.S. Stocks Hit Records This Week — Why the S&P 500 and Nasdaq Rally Survived the Oil Shock

Dow Up While Nasdaq Dips; AI Rally Meets Inflation Data

Dow, S&P 500 edge up, Nasdaq slips in midday trade U.S. stocks were mixed late Tuesday morning. The Dow and S&P 500 held small gains, while the Nasdaq slipped after a rebound in artificial-intelligence shares and ahead of another inflation readout this week. Delayed LSEG data from Reuters showed the S&P 500 up 0.22% at 7,421.81, the Dow up 0.30% at 50,940.88, and the Nasdaq down 0.03% at 25,921.29.
Applied Digital Hits 1 GW in AI Contracts, Faces Next Test

Applied Digital Hits 1 GW in AI Contracts, Faces Next Test

Applied Digital shares were near $45 on Wednesday after the company signed a 15-year lease for its Polaris Forge 3 AI data center campus. The deal takes Applied past 1 gigawatt of contracted capacity and ramps up its focus on AI infrastructure with heavy power needs. The stock last traded at $45.25, up 0.24%. Intraday volume approached 10 million shares.
Applied Digital Hits 1 GW, $31 Billion Bet Starts

Applied Digital Hits 1 GW, $31 Billion Bet Starts

Applied Digital on Wednesday said it has signed a 15-year take-or-pay lease with the same unnamed U.S. investment-grade hyperscaler already leasing at its Delta Forge 1 campus. The deal adds 300 megawatts of critical IT load at a new Polaris Forge 3 site, lifting contracted capacity for the Dallas-based company past 1 gigawatt. The lease, which requires the customer to pay whether or not it uses the full capacity, is worth about $7.5 billion over the base term.
Applied Digital Just Spun Out ChronoScale: What CHRN Means for APLD Stock Now

Applied Digital Just Spun Out ChronoScale: What CHRN Means for APLD Stock Now

ChronoScale, Applied Digital’s cloud unit, has started trading on Nasdaq under the ticker CHRN. Dallas-based Applied Digital holds about 97% of the new public company after spinning off the business into EKSO Bionics and putting in $15.75 million in cash. Chairman and CEO Wes Cummins described the move as a “deliberate step” to separate long-duration data-center hosting from the cloud compute segment, which he said carries a different risk profile.
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