Applied Digital (APLD) stock jumps 15% ahead of Jan. 7 earnings as ChronoScale deal looms
NEW YORK, January 4, 2026, 07:16 ET — Market closed. Applied Digital shares ended Friday up 14.6% at $28.11, after trading between $24.65 and $28.44. The Nasdaq Composite slipped 0.03% while the S&P 500 rose 0.19% on the first trading day of 2026. Reuters The move keeps Applied Digital in focus as investors track the fast-growing corner of the market building data centers and computing capacity for artificial intelligence. Why it matters now: these projects require heavy upfront spending on power and construction, and the stocks tend to swing sharply when investors reprice growth and financing risk. Applied Digital is