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Time Details
2025-10-10
17:24
Applied Digital APLD stock jumps 16% as AI demand fuels data center growth, per CNBC

According to @CNBC, Applied Digital stock rose 16% as rising artificial intelligence demand drove growth in its data center business, prompting a broad-based bid in the shares (Source: CNBC, Oct 10, 2025, https://www.cnbc.com/2025/10/10/applied-digital-stock-ai-data-center-earnings.html). CNBC reported the move was tied to AI-driven expansion in data center operations that investors interpreted as supportive for revenue growth and capacity scaling (Source: CNBC, Oct 10, 2025, https://www.cnbc.com/2025/10/10/applied-digital-stock-ai-data-center-earnings.html). CNBC did not cite any direct cryptocurrency market impact in this move (Source: CNBC, Oct 10, 2025, https://www.cnbc.com/2025/10/10/applied-digital-stock-ai-data-center-earnings.html).

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