News

AI data center demand is driving CRWV and APLD, but their differing models, capital needs and risks could shape which offers more upside.

Applied Digital is investing a lot of money in its data center facilities.

A new ETF launched this August targets the companies renting AI compute directly to hyperscalers, offering something QQQ never could: pure-play exposure to contracted infrastructure backlogs worth hundreds of billions. The tradeoffs, however, are not small.

Hyperscaler and GPU customers are driving a surprise rotation into digital infrastructure stocks, and the companies benefiting most are not the ones you would expect from a Bitcoin rally.

Unprofitable companies can burn through cash quickly, leaving investors exposed if they fail to turn things around. Without a clear path to profitability, these businesses risk running out of capital or relying on dilutive fundraising.

Applied Digital (APLD) is drawing attention after outlining plans for 1.4 gigawatts of contracted IT load and a North Dakota power buildout with Base Electron that targets about 1.2 gigawatts of natural gas generation. See our latest analysis for Applied Digital. Applied Digital's 1-day share price return of a 1.18% decline and 7-day share price return of a 13.76% decline contrast with a very strong 1-year total shareholder return of 68.59%, which points to recent momentum fading after a...

Applied Digital's 1.4 GW contracted IT load and North Dakota power strategy could sharpen its AI edge as it expands campuses amid execution risks.

The bank sees firm power access supporting longer AI leases and higher project returns, with Cipher, TeraWulf, Riot and Hut 8 among its preferred operators.

Both neoclouds are at the center of a multiyear boom.

Applied Digital’s first 150 MW building remains on track for initial delivery in the fourth quarter, while the operator markets another 100 MW at potentially higher pricing.

IREN heads into fiscal 2026 results with AI cloud growth in focus as it targets over $4 billion in year-end annualized run-rate revenues.

Penguin Solutions leads Applied Digital in growth, AI-driven sales momentum, stock performance and valuation, making it the stronger AI infrastructure pick.

IREN's Horizon 1 acceptance, $9.7B Microsoft deal and contracted demand strengthen its AI cloud push as 2026 capacity targets come into focus.

Tiger Global substantially increased its Intel stake during Q2, adding another institutional vote of confidence as Intel's AI, data center, and foundry businesses gain momentum.

The sales multiple every screen shows is measured against a bitcoin business the company is decommissioning, while the data center rent it is actually being valued for has only just begun.

Tiger Global just opened a new stake in Applied Digital, betting on growth in AI data centers. Here is what the hedge fund's 13F filing shows.

Nebius Group built one of the year's most impressive AI cloud runs, then dropped double digits in a single morning. The culprit is a $4.5 billion capital raise that comes with a warning about holders selling shares directly into the open market.

Freedom Capital initiated coverage of the stock with a ‘Buy’ rating and $132 price target, implying an upside of more than 63% from its last close.

Higher Treasury yields and a $35 billion to $39 billion capex plan pressured the AI infrastructure provider as investors rotated to safer bets, today, Aug. 18, 2026.

In recent days, Applied Digital has been highlighted as it accelerates its shift from crypto mining toward AI and high‑performance computing data centers, a capital‑intensive transition that has drawn attention amid rising global bond yields and heavier reliance on debt financing across the sector. This spotlight underscores how Applied Digital’s future now hinges not only on demand for AI infrastructure but also on how higher borrowing costs could affect debt‑funded data center expansion...

IREN's Horizon 1 acceptance turns part of its $9.7B Microsoft AI deal into delivered infrastructure, with three 2026 phases still ahead.

IREN's AI cloud revenue is scaling fast, but a 4.59X forward sales multiple and heavy expansion spending raise the stakes for execution.

Bond yields (^TYX, ^TNX, ^FVX) continue to soar on the backdrop of struggling equities (^DJI, ^IXIC, ^GSPC) and the US government's growing debt. Morning Brief Host Julie Hyman is joined by Yahoo Finance Tech Editor Dan Howley and Barron's associate editor Al Root to talk about the global factors driving this latest bond market surge.

IREN's Microsoft delivery and NVIDIA Exemplar Cloud status boost its AI credibility, but capital needs and execution risks keep the risk-reward balanced.

Check out the companies making headlines this week:

Shares of digital infrastructure provider Applied Digital (NASDAQ:APLD) jumped 5.4% in the afternoon session after the company reported strong earnings reports from several AI infrastructure peers signaled robust industry-wide demand. The rally was part of a broader upswing for 'neocloud' stocks, following strong quarterly results from industry leaders CoreWeave, Nebius, and Super Micro Computer. These reports suggested that demand for AI computing hardware outpaced supply, lifting related AI ho

CoreWeave's Q2 blowout sent shares surging, but the stock still sits deep in the red over three months while one Wall Street firm holds a price target that implies a runway most investors are ignoring.

APLD, ASX and BIDU have been added to the Zacks Rank #5 (Strong Sell) List on August 13, 2026.

Applied Digital is burning cash and carries heavy debt, while Microsoft generated $67 billion in free cash flow last year.

Neocloud stocks just posted some of the wildest single-session gains of the AI buildout cycle, and the valuation math behind them is stranger and more compelling than it looks at first glance.