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Here's Why Applied Digital Stock Is Soaring Friday

Pavlo Gonchar /SOPA Images / LightRocket via Getty Images Applied Digital reported first-quarter fiscal 2026 revenue that skyrocketed 84% Key Takeaways Applied Digital reported much stronger-than-expected revenue on growing demand for its artificial intelligence data center services. The company also extended its lease deal with CoreWeave to provide more power at its North Dakota facility. Applied Digital shares have skyrocketed in 2025. Shares of Applied Digital (APLD) soared more than 20% Frida ...