Positive. Applied Digital secures $5B financing deal, stock rises 17% ahead of earnings release.

From StockTwits: 2025-01-14 12:44:22

Applied Digital Corp. secured a $5 billion financing deal with Macquarie Asset Management for its HPC business, with up to $900 million going towards expanding the Ellendale HPC Campus by 400 MW. Stock rose 17% ahead of the Q2 earnings release, with analysts predicting a loss of $0.14 per share on $62.41 million revenue. Retail investors showed increased interest, with the hyperscaler lease at Ellendale considered the most impactful recent development. Stocktwits sentiment shifted to ‘bullish,’ but some investors remain skeptical, questioning the timing of the funding announcement. Applied Digital’s stock has gained 65% in the past year and 16% in January.



Read more at StockTwits: Applied Digital Rallies Before Earnings as $5B HPC Financing Steals Spotlight: Retail Skeptical