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Equinix is a more stable play for long-term income investors. Applied Digital (APLD +14.07%) has been one of the market's hottest AI stocks. The data center operator's stock surged nearly 540% over the past 12 months, impressing bulls with rapid growth, new leases, and the planned spin-off of its cloud business. On the surface, Applied Digital seems like a great AI play. It builds and buys big dat...
Equinix is a more stable play for long-term income investors. Applied Digital (APLD +14.07%) has been one of the market's hottest AI stocks. The data center operator's stock surged nearly 540% over the past 12 months, impressing bulls with rapid growth, new leases, and the planned spin-off of its cloud business. On the surface, Applied Digital seems like a great AI play. It builds and buys big data centers, powers them up, and leases them to companies that install their own servers. It even launched its own cloud-based AI infrastructure platform in 2023, but it plans to spin it off this year because it's unprofitable and awkwardly positioned as a competitor to its own customers. From fiscal 2022 to fiscal 2025 (which ended last May), Applied Digital's revenue soared from $8.5 million to $144.2 million (excluding its cloud business). At the end of fiscal 2025, it operated two data center sites in North Dakota with a combined capacity of 286 MW. It's already contracted $16 billion in lease payments for the next 15 years, and most of those payments will come from the cloud-based AI infrastructure company CoreWeave (CRWV +10.73%). To meet that surging demand, Applied Digital is expanding its Polaris Forge 1 campus in Ellendale. However, that expansion is costly -- and analysts expect it to remain deeply unprofitable even after it spins off its cloud business. That means it will take a long time for the company to achieve its goal of becoming a data center real estate investment trust (REIT) -- which is obligated to pay out at least 90% of its taxable income as dividends. Expand NASDAQ : APLD Applied Digital Today's Change ( 14.07 %) $ 5.09 Current Price $ 41.27 Key Data Points Market Cap $10B Day's Range $ 36.50 - $ 42.10 52wk Range $ 3.31 - $ 42.10 Volume 1.4M Avg Vol 31M Gross Margin 16.40 % On the bright side, Wall Street expects Applied Digital's revenue to surge 61% in fiscal 2026 and another 55% in fiscal 2027 as the AI market expands. Yet with a market capitaliza...
Micron breaks ground on US$ 24 billion wafer fab facility in Singapore Memory and storage solutions provider Micron Technology, Inc. yesterday broke ground on an advanced wafer fabrication facility in Singapore which represented an investment of US$ 24 billion (SG $31 billion) over 10 years, the firm says in a press release. Wafer output is expected to start in the second half of 2028 amid increas...
Micron breaks ground on US$ 24 billion wafer fab facility in Singapore Memory and storage solutions provider Micron Technology, Inc. yesterday broke ground on an advanced wafer fabrication facility in Singapore which represented an investment of US$ 24 billion (SG $31 billion) over 10 years, the firm says in a press release. Wafer output is expected to start in the second half of 2028 amid increased global demand for NAND technology driven by the rapid expansion of AI and data-centric applications. Sited on Singapore’s first double-storey wafer manufacturing fab, the facility is designed to provide 700,000 square feet of cleanroom space and will become an integral part of Micron’s NAND Center of Excellence in Singapore which is co-located with its R&D unit. Micron’s previously announced high-bandwidth memory (HBM) advanced packaging facility, also located in the same manufacturing complex, is on track to contribute meaningfully to its HBM supply in 2027. As HBM becomes a part of Micron’s Singapore manufacturing footprint, the company expects synergies between NAND and DRAM production with flexibility to ramp up capacity to align with market demand. Micron’s advanced wafer fabrication facility investment is expected to create about 1,600 jobs which, combined with the previously announced 1,400 jobs from the HBM advanced packaging facility, will support about 3,000 new jobs in total. These positions will focus on fab engineering and operations, integrating AI, advanced robotics and smart manufacturing technologies. In attendance were Gan Kim Yong, deputy prime minister and minister for Trade and Industry of Singapore; Dr Beh Swan Gin, permanent secretary of the Ministry of Trade and Industry; Jermaine Loy, managing director of the Singapore Economic Development Board (EDB) and Jacqueline Poh, CEO of JTC Corporation. “Micron’s leadership in advanced memory and storage is enabling the AI-driven transformation reshaping the global economy,” said Manish Bhatia, executive ...
A man sprayed an unknown substance on Democratic congresswoman Ilhan Omar before being tackled to the ground on Tuesday during a town hall she was hosting. The incident occurred in Minneapolis, where tensions over federal immigration enforcement have come to a head after agents fatally shot an intensive care nurse and a mother of three this month. The audience cheered as the man, who was wearing a...
A man sprayed an unknown substance on Democratic congresswoman Ilhan Omar before being tackled to the ground on Tuesday during a town hall she was hosting. The incident occurred in Minneapolis, where tensions over federal immigration enforcement have come to a head after agents fatally shot an intensive care nurse and a mother of three this month. The audience cheered as the man, who was wearing a black jacket, was pinned down and his arms were tied behind his back. In video of the incident, someone in the crowd can be heard saying, “Oh my god, he sprayed something on her”. Omar continued the town hall after the man was ushered out of the room. Advertisement Just before that Omar called for the abolition of US Immigration and Customs Enforcement (ICE) and for Homeland Security Secretary Kristi Noem to resign. “ICE cannot be reformed,” she said. The man being tackled to the ground. Photo: Star Tribune via AP Minneapolis police did not immediately respond to a phone call and email message seeking information on the incident and whether anyone was arrested.
Drone strike on Ukrainian passenger train kills five and Poland urges Musk to cut Russia’s Starlink access. What we know on day 1,435 Russia’s invasion of Ukraine has caused nearly 2 million military casualties – killed, wounded or missing – between the two countries , according to a study published on Tuesday by the Center for Strategic and International Studies , a US thinktank. Moscow’s forces ...
Drone strike on Ukrainian passenger train kills five and Poland urges Musk to cut Russia’s Starlink access. What we know on day 1,435 Russia’s invasion of Ukraine has caused nearly 2 million military casualties – killed, wounded or missing – between the two countries , according to a study published on Tuesday by the Center for Strategic and International Studies , a US thinktank. Moscow’s forces have borne the brunt of the losses, with as many as 325,000 killed out of an estimated total of 1.2 million casualties since the war began nearly four years ago. Ukrainian forces have also suffered major losses – between 500,000 and 600,000 casualties, of which between 100,000 and 140,000 were killed – from February 2022 to December 2025. “Combined Russian and Ukrainian casualties may be as high as 1.8 million and could reach two million total casualties by the spring of 2026,” the thinktank said. UN monitors say civilian casualties have reached almost 15,000 verified deaths since 2022 but that the actual total “is likely considerably higher”. Ukraine’s president, Volodymyr Zelenskyy, told NBC in February 2025 that his country had lost nearly 46,000 troops since 2022, with tens of thousands missing or taken prisoner, numbers which analysts consider an underestimate . Russian losses remain a closely guarded state secret , with the last official figures from the Ministry of Defence released in September 2022 putting the toll at 5,937, according to Agence France-Presse. The BBC’s Russian service and the Mediazona outlet, which rely on publicly available data such as death notices, have identified more than 163,000 Russian soldiers killed in four years of war, while acknowledging that the actual number is likely higher. A Russian drone strike on a passenger train in north-eastern Ukraine has killed five people in an attack denounced as terrorism by Zelenskyy. Prosecutors said fragments of five bodies had been found at the scene of the strike on the train, which occurred on Tues...
格隆汇1月28日｜三星电子宣布，该公司首款三折叠屏智能手机Galaxy Z TriFold将于本周五(30日)在美国上市销售，售价2899美元。该价格高于美国市场上任何其他智能手机。TriFold展开后可变成10英吋平板计算机，最薄厚度为3.9毫米，其折叠寿命20万次。美国版将配备512GB储存空间，仅提供黑色款式。公司将通过官网和体验店销售，意味流动通讯商将不会直接提供该设备。
格隆汇1月28日｜三星电子宣布，该公司首款三折叠屏智能手机Galaxy Z TriFold将于本周五(30日)在美国上市销售，售价2899美元。该价格高于美国市场上任何其他智能手机。TriFold展开后可变成10英吋平板计算机，最薄厚度为3.9毫米，其折叠寿命20万次。美国版将配备512GB储存空间，仅提供黑色款式。公司将通过官网和体验店销售，意味流动通讯商将不会直接提供该设备。
A weather-related power outage at an Oracle Corp. (NYSE:ORCL) data center caused technical disruptions for TikTok's U.S. users days after the app shifted its American operations to new U.S.-led ownership. Oracle Confirms Data Center Outage Impacted TikTok On Tuesday, Oracle told Reuters in an email statement that a temporary power outage at one of its U.S. data centers disrupted TikTok's services....
A weather-related power outage at an Oracle Corp. (NYSE:ORCL) data center caused technical disruptions for TikTok's U.S. users days after the app shifted its American operations to new U.S.-led ownership. Oracle Confirms Data Center Outage Impacted TikTok On Tuesday, Oracle told Reuters in an email statement that a temporary power outage at one of its U.S. data centers disrupted TikTok's services. This led to performance issues for American users over the weekend and into early this week. In a statement on its website, TikTok separately confirmed that a power failure at one of its U.S. facilities led to slower load times, posting problems and reduced engagement for some users. In multiple updates posted to its website, the company said it was working to restore services after a data center outage and acknowledged a "major infrastructure issue" tied to the power failure. TikTok said Tuesday it had made "significant progress" in restoring U.S. systems but warned some technical issues could persist, particularly when posting new content. Service Disruptions Follow Major US Restructuring The outage comes shortly after TikTok's Chinese parent, ByteDance, finalized a deal creating a new joint venture to operate TikTok in the U.S. This move was aimed at avoiding a potential nationwide ban. Under the agreement, TikTok's U.S. operations will be run by TikTok USDS Joint Venture LLC, led by former TikTok operations executive Adam Presser. The U.S. and international investors will control 80.1% of the venture, with ByteDance holding a 19.9% minority stake. Oracle, Silver Lake and Abu Dhabi-based MGX will each own 15% and act as managing investors. User Deletions Surge As Privacy Concerns Grow The disruption coincides with a spike in user skepticism following TikTok's updated U.S. privacy policy tied to the new structure. Market intelligence firm Sensor Tower told CNBC on Monday that daily U.S. app deletions have jumped nearly 150% over the past five days compared with the previ...
Hong Kong stocks rose on Wednesday to their highest level in more than four years, tracking overnight gains on Wall Street, with investors expecting shares to rally further on the back of robust corporate earnings this year. The Hang Seng Index rose 0.7 per cent to 27,325.89 at the open, the highest level since July 2021. The Hang Seng Tech Index gained 0.6 per cent. On the mainland, the CSI 300 I...
Hong Kong stocks rose on Wednesday to their highest level in more than four years, tracking overnight gains on Wall Street, with investors expecting shares to rally further on the back of robust corporate earnings this year. The Hang Seng Index rose 0.7 per cent to 27,325.89 at the open, the highest level since July 2021. The Hang Seng Tech Index gained 0.6 per cent. On the mainland, the CSI 300 Index strengthened 0.4 per cent and the Shanghai Composite Index added 0.3 per cent. Lender HSBC rose 2.2 per cent to HK$137.50 and metals miner Zijin Mining Group also gained 2.2 per cent to HK$44.36. Insurance giant Ping An Insurance Group added 1.7 per cent to HK$70.85 and e-commerce major JD.com advanced 1.5 per cent to HK$115.20. Advertisement Online travel-booking agency Trip.com lost 0.7 per cent to HK$495.80, while search-engine heavyweight Baidu lost 0.4 per cent to HK$154.60. Three stocks debuted. Busy Ming Group, China’s largest snack and drinks retailer, surged 88 per cent to HK$445 in Hong Kong, while Shandong Nongda Fertilizer Sci&Tech jumped 100 per cent to 49.90 yuan in Beijing and Shenzhen CSL Vacuum Science and Technology gained 236 per cent to 310 yuan in Shanghai. Advertisement Overnight in the US, the S&P 500 Index gained 0.4 per cent and the Nasdaq advanced 0.9 per cent.