poisar

Stocks · News reference

Jim Cramer May Like Applied Digital, But Stock Still Plummets 6% on Friday

BenzingaJul 17, 2026, 3:27 PMAnusuya Lahiri

Applied Digital (NASDAQ: APLD) stock plummets more than 6% on Friday during a broader growth-tech cooldown, following caution from TV analysts regarding the company's net losses.

Reference details

Connected markets

Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.

Source
benzinga
Observed
Jul 17, 2026, 3:27 PM
Checked
Jul 17, 2026, 3:27 PM
Cadence
Captured once, then retained as an archive reference
Status
fresh

Keep reading

  1. The Motley FoolAug 26, 2026, 1:30 AMKeithen Drury

    This $30 Stock Could Be Primed for a Breakout

    Applied Digital (APLD), an AI data center company trading near $30, shows impressive 407% revenue growth but remains unprofitable. While the company benefits from surging AI demand with projected 127% revenue growth in FY 2028, its lack of profitability and high valuation of 13x sales present significant risks. The stock's performance is heavily tied to AI market sentiment, making it volatile and potentially riskier than other AI investments.

    Read original at the-motley-fool
  2. Zacks Investment ResearchAug 27, 2026, 2:01 PMNa

    Why the Summer Slump is Setting Up Wall Street's Next Rally

    Technical analysis shows QQQ is positioned for a rally, with historical data indicating positive returns following eight consecutive down closes. Bearish sentiment has reached extreme levels for six consecutive weeks, a contrarian indicator that preceded a multi-week rally in April. NVIDIA exceeded Wall Street expectations with $96.2B in revenue and announced significant capacity expansion plans for Neocloud partners, signaling strength in the AI sector.

    Read original at zacks-investment-research