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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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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.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about
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