AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Applied Digital Corporation Surges to 20th in Market Rankings with $23.10 Billion Turnover
Generated by AI AgentAinvest Volume Radar
Monday, Jun 2, 2025 8:00 pm ET1min read
On June 2, 2025,
(APLD) saw a significant surge in trading volume, with a total turnover of $23.10 billion, marking a 1338.62% increase from the previous day. This substantial rise placed at the 20th position in the day's stock market rankings, with the stock price increasing by 48.46%.The surge in APLD's stock price can be attributed to a
$7 billion, 15-year lease agreement with CoreWeave, a rapidly growing AI cloud provider. This deal is expected to generate approximately $7 billion in revenue for Applied Digital over the lease period. The agreement involves providing CoreWeave with 250 megawatts (MW) of critical IT load, underscoring the strategic importance of this partnership in the AI and data center sectors.The announcement of this deal has garnered significant attention, highlighting Applied Digital's growing presence in the AI and data center markets. The long-term nature of the lease agreement not only secures a stable revenue stream for Applied Digital but also positions the company as a key player in the rapidly evolving AI infrastructure landscape.
Ainvest Volume Radar
Hunt down the stocks with explosive trading volume.
Latest Articles
Aptiv Slides 1.39% as Institutional Sells Clash with Strong Q3 Earnings and NYSE Volume Ranks 497th
Dec.22 2025
Diamondback Energy Gains 0.22% Despite 489th Volume Rank as Earnings Outperformance and Strategic Asset Sales Bolster Investor Confidence
Dec.22 2025
Kinross Gold's 2.66% Surge Despite 45.31% Volume Drop, 452nd in Market Activity Rank
Dec.22 2025
ATI Shares Rise 2.19% Despite 46% Volume Drop, Ranks 478th in Trading Activity
Dec.22 2025
United Therapeutics Shares Drop 0.65% Amid Insider and Institutional Selling, Trading Volume Ranks 465th
Dec.22 2025
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet