Applied Digital ( APLD ) shares fell 5% in extended trading on Wednesday even as the tech company reported fiscal third-quarter results that were above Wall Street's forecast. For the period ending Feb. 28, Applied said it lost an adjusted $0.36 per share as revenue soared 139.3% year-over-year to come in at $126.64M. Analysts had expected the company to lose an adjusted $0.15 per share on $76.56M...
Applied Digital ( APLD ) shares fell 5% in extended trading on Wednesday even as the tech company reported fiscal third-quarter results that were above Wall Street's forecast. For the period ending Feb. 28, Applied said it lost an adjusted $0.36 per share as revenue soared 139.3% year-over-year to come in at $126.64M. Analysts had expected the company to lose an adjusted $0.15 per share on $76.56M in revenue. “We now operate one of the only 100 MW direct-to-chip liquid-cooled data centers online today, and more importantly, it is fully operational,” said Applied Chairman and CEO Wes Cummins in a statement. “We believe that's what matters to our customers – turning power into live AI capacity, delivered on time and performing as expected. We are also starting to see the earnings power of our platform come through, with a full quarter of revenue from our first building now recognized. That initial 100 MW represents approximately one-sixth of our contracted capacity and one-tenth of what is operating or under construction, but we believe it begins to show what's possible from here as we continue to bring additional capacity online in the coming quarters.” More on Applied Digital Looking Ahead To Applied Digital's Q3 Earnings: Is The $2.4B Power Build Worth It? Applied Digital: The Bull Case Requires Near Perfection (Rating Downgrade) Applied Digital: Gigawatt Ambitions Clouded By Related-Party Transactions Applied Digital Q3 2026 Earnings Preview Quant snapshot: Delta Air Lines leads top-rated names as Byrna Technologies, Simulations Plus lag
designer491/iStock via Getty Images Markets are celebrating that the United States and Iran agreed to a two-week ceasefire amid ongoing negotiations. So far, the parties seem worlds apart, especially on issues like Iran continuing its nuclear program. But we all hope for a sane and rapid end to the carnage. Fossil fuel prices are down sharply, and stocks are giddy. More importantly, government bon...
designer491/iStock via Getty Images Markets are celebrating that the United States and Iran agreed to a two-week ceasefire amid ongoing negotiations. So far, the parties seem worlds apart, especially on issues like Iran continuing its nuclear program. But we all hope for a sane and rapid end to the carnage. Fossil fuel prices are down sharply, and stocks are giddy. More importantly, government bond prices are rising. Falling fossil fuel prices reduce inflation fears. So do falling home prices and rents. Shelter accounts for 30% of Canada’s CPI basket and 36% of the US CPI - by far the largest single inflation driver in both countries. Last month, home sales in the Greater Toronto Area (GTA) rose 1.4% over February but were still 52% below the 10-year average for March. Every type of property has lost value in Toronto and its surrounding suburbs, but prices remain debilitating for most. Last month, the GTA home price index was $928,000 - 7% lower than in March of 2025 and still an impossible 9 to 10x the median household income (around 100k before tax). The real estate industry loves to cite economic uncertainty as a deterrent to prospective buyers, with little mention of unaffordable pricing. Significantly more mean reversion is needed before purchasing power returns to buyers. Struggling consumers are a major reason the bond market’s best guess of inflation over the next five years has remained flat, even since the war began. Higher prices reduce spending power, and in the long term, that’s less inflationary. This morning, futures markets are back to pricing in an easing Fed by year-end. For some historical context, see Pain at the Pump Should Mean Pain in the Economy, Not Higher Rates: In the annals of central-bank mistakes, three loom large: 1973, 2008 and 2011. In the oil shock of 1973-74 caused by the Arab oil embargo, the Federal Reserve is generally regarded as having ignored the second-round effects of oil prices and kept monetary policy too easy. But the mi...
Shares of Norwegian Cruise Line (NYSE: NCLH) have been falling of late. At the time of this writing they were down roughly 30% from their 52-week high. Investors are clearly worried about the company, but there are two big-picture reasons. One is fairly obvious and highly volatile, and the other will take a bit more time to iron out. Cruise ships require huge amounts of fuel. That's just a basic f...
Shares of Norwegian Cruise Line (NYSE: NCLH) have been falling of late. At the time of this writing they were down roughly 30% from their 52-week high. Investors are clearly worried about the company, but there are two big-picture reasons. One is fairly obvious and highly volatile, and the other will take a bit more time to iron out. Cruise ships require huge amounts of fuel. That's just a basic fact of the cruise industry. So the volatility in oil prices resulting from the geopolitical conflict in the Middle East is a big wild card for Norwegian Cruise Line. When energy prices rise on negative news flow, investors dump the stock. When energy prices fall on positive news, investors buy the stock. Image source: Getty Images. Continue reading
Investor Michael Burry publicly reiterates a short position in Palantir Technologies, criticizing NasdaqGS:PLTR's premium AI valuation and highlighting Anthropic as a lower cost competitor. Anthropic ramps up its own AI offerings, adding pressure to Palantir's claim to a premium position in enterprise and government AI software. UK regulators and ethics bodies increase scrutiny of Palantir's gover...
Investor Michael Burry publicly reiterates a short position in Palantir Technologies, criticizing NasdaqGS:PLTR's premium AI valuation and highlighting Anthropic as a lower cost competitor. Anthropic ramps up its own AI offerings, adding pressure to Palantir's claim to a premium position in enterprise and government AI software. UK regulators and ethics bodies increase scrutiny of Palantir's government and healthcare contracts, raising questions about data privacy and long term contract...
(RTTNews) - The Australian market is trimming early losses in mid-market moves on Thursday, reversing some of the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,950 level, with w
(RTTNews) - The Australian market is trimming early losses in mid-market moves on Thursday, reversing some of the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,950 level, with w