Search results for Applied Digital
AI & Enterprise
CoreWeave backlog tops $100 billion; AI, power, server and memory stocks rise
AI infrastructure shares rose on Aug. 12 after CoreWeave, Super Micro Computer and Nebius Group reported quarterly results above market expectations. Nebius gained about 23 percent and CoreWeave rose about 19 percent. Investors focused on CoreWeave’s backlog, which topped $100 billion, up about 50 percent from the previous quarter, with another $25 billion in orders after quarter-end. Funding costs, and limits tied to power and cooling, remained key issues.
Crypto
Bitcoin miners\' shift to AI infrastructure cools stock gains despite faster pivot
Bitcoin mining companies are shifting their business models toward AI and high-performance computing, but the stock market reaction to infrastructure contract announcements appears to be weakening. Cointelegraph reported that while contract size and profitability have increased, investors are focusing more on execution, financing and long-term profitability. An analysis of 25 deals found the average same-day share gain fell to about 10 percent from about 24 percent for earlier announcements.
Crypto
Bitcoin slumps but mining stocks rise, up as much as 85 percent in 2026
Major listed bitcoin mining stocks have risen across the board in 2026 even as bitcoin is down about 20 percent from the start of the year, Cointelegraph reported. The top 10 miners by market value all posted positive returns, with gains ranging from about 5 percent to more than 85 percent, according to BitcoinMiningStock.io. The strength is linked to big miners expanding AI and high-performance computing businesses.
