Schwab Network

APLD Leaps Higher After Earnings, CRWV Lease Deal


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Applied Digital (APLD) is still "losing money on an adjusted basis" says George Tsilis. But, shares of APLD have surged more than 30% after its 4Q earnings report. George looks at the factors behind the company's 41% year-over-year revenue growth and why its guidance was so strong. He also points to a data center lease with CoreWeave (CRWV) as a potential reason behind Thursday's move higher.


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