From Nasdaq: 2025-06-06 19:10:00

Applied Digital (NASDAQ: APLD) stock surged 8.5% in Friday’s trading session, outperforming the S&P 500 and Nasdaq Composite. The latest jobs report from the Bureau of Labor Statistics (BLS) fueled the stock’s rally, with the U.S. economy adding 139,000 net jobs in May, surpassing economists’ expectations of 125,000. This positive data may lead to a potential interest rate cut by the Federal Reserve, further boosting Applied Digital’s momentum.

Following a new data-center lease agreement with CoreWeave, Applied Digital anticipates generating over $7 billion in sales over the next 15 years. The company’s stock valuation has soared, indicating strong growth potential. Considerations for investing in Applied Digital should take into account expert recommendations and historical stock performance to make informed decisions.



Read more at Nasdaq: Why Applied Digital Stock Soared Again Today