Explore the latest developments concerning Applied Digital (APLD).
Applied Digital (APLD) Rips 17% Higher Ahead of Q2 Earnings
We recently published 10 Stocks Already Shocking 2026 With Massive Gains. Applied Digital Corp. (NASDAQ:APLD) was one of the top performers last week.
Applied Digital soared by 16.88 percent week-on-week, as investors loaded portfolios ahead of the results of its earnings performance in the second quarter of fiscal year 2026.
According to the company, it is scheduled to release the results of its financial and operating highlights after market close on Wednesday, January 7. A conference call will be held to elaborate on the results.
A rendering of Applied Digital's Polaris Forge 2 data center. Photo from Applied Digital's website
In recent news, Applied Digital Corp. (NASDAQ:APLD) embarked on a restructuring that saw the creation of two separate entities for its cloud computing and data center businesses.
Applied Digital to Spin Out Cloud Business, Proposes Business Combination with EKSO to Launch ChronoScale
DALLAS, Dec. 29, 2025 (GLOBE NEWSWIRE) — Applied Digital (NASDAQ: APLD), a designer, builder, and operator of high-performance, sustainably engineered data centers and colocation services for artificial intelligence, cloud, networking and blockchain workloads, and EKSO Bionics Holdings, Inc. (Nasdaq: EKSO) (“EKSO”) announced today that Applied Digital and EKSO entered into a non-binding term sheet for a proposed business combination of Applied Digital’s cloud computing business, Applied Digital Cloud, with EKSO, which, once closed, will go forward as ChronoScale Corporation, an accelerated compute platform purpose-built to support artificial intelligence (“AI”) workloads (the “Proposed Transaction”). As enterprise and AI-native demand for GPU-accelerated cloud infrastructure continues to grow rapidly, the Proposed Transaction is intended to create a focused platform designed to deliver high-performance compute at scale in a capacity-constrained market.
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