Which stock is more likely to see a price surge on July 24th? Applied Digital, or Equinix, or CoreWeave?

Among the three stocks - Applied Digital (APDL), Equinix (EQIX), and CoreWeave (CRWV) - Equinix is the most likely to see a price surge on July 24th. Here's why:

1. **Positive Momentum**
- Equinix's closing price on July 23rd was $796.21, which was 0.28% higher than its 5-day moving average of $787.86. This indicates a positive momentum, suggesting that the stock could continue to rise.
- CoreWeave's closing price on the same day was $126.05, which was 2.87% below its 5-day moving average of $127.19. This suggests a negative momentum, making it less likely to see a price surge.
- Applied Digital's closing price was $19.9, which was 0.05% above its 5-day moving average of $19.72. This indicates a positive momentum, but the magnitude is relatively small compared to Equinix.

2. **Trading Volume**
- Equinix had a trading volume of 429,350 shares, which is significantly lower than CoreWeave's 6.69 million shares. This could indicate higher investor interest and potential for price movement in CoreWeave, but it doesn't necessarily translate to a price surge.
- Applied Digital had a trading volume of 2.44 million shares. While this is higher than Equinix's volume, it is still lower than CoreWeave's, which could suggest some investor interest but may not lead to a significant price surge.

|code|Ticker|Name|Date|Closing Price|Percentage Change|Trading Volume|market_code|
|---|---|---|---|---|---|---|---|
|EQIX|EQIX.O|Equinix|20240724|794.15|-1.0984|353112|185|
|EQIX|EQIX.O|Equinix|20240725|769.31|-3.1279|538024|185|
|EQIX|EQIX.O|Equinix|20240726|772.43|0.4056|541016|185|
|EQIX|EQIX.O|Equinix|20240729|776.55|0.5334|399141|185|
|EQIX|EQIX.O|Equinix|20240730|768.77|-1.0019|665347|185|
|EQIX|EQIX.O|Equinix|20240731|790.24|2.7928|718732|185|
|EQIX|EQIX.O|Equinix|20240801|811.18|2.6498|622735|185|
|EQIX|EQIX.O|Equinix|20240802|806.65|-0.5584|379114|185|
|EQIX|EQIX.O|Equinix|20240805|768.24|-4.7617|675381|185|
|EQIX|EQIX.O|Equinix|20240806|784.61|2.1308|410363|185|

3. **Market Sentiment**
- Equinix has recently gained attention from activist investor Elliott Investment Management, which has increased its stake in the company. This could lead to positive changes that boost the share price.
- CoreWeave, although a high performer with significant upside potential, has faced some skepticism and is rated as "Hold" by analysts, which may limit its short-term price surge.
- Applied Digital has seen significant trading volume and has boosted its hyperscale growth with a 250MW AI data center lease, which could indicate potential for a price surge, but it lacks the positive catalysts of the other two stocks.
4. **Recent News**
- Equinix's strategic moves, such as its joint venture with GIC and CPP Investments to expand xScale data centers, position it well for future growth and could lead to a positive reaction from investors on July 24th.
- CoreWeave's recent upsizing of its senior notes offering to $1.75 billion and plans to spend up to $6 billion on a new AI data center suggest aggressive growth, which could be perceived positively by investors.

In conclusion, while all three stocks have the potential for price movement, Equinix is the most likely to see a price surge on July 24th based on its positive momentum, trading volume, market sentiment, and recent news.