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Benzinga
Benzinga
Business
Henry Khederian

Applied Digital (APLD) Stock Hits A New All-Time High: What's Going On?

Applied Digital APLD Applied Digital Corp CoreWeave CoreWeave Inc
Applied Digital Corporation

Shares of Applied Digital Corp (NASDAQ:APLD) are trading sharply higher Wednesday morning, continuing a rally fueled by better-than-expected first-quarter financial results and an expanded partnership with AI hyperscaler CoreWeave Inc (NASDAQ:CRWV). Here’s what investors need to know.

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