Applied Digital Stock Sinks: What's Fueling the Move?
Applied Digital Corp (NASDAQ:APLD) shares are falling Wednesday as investors fret over AI financing following a jump in CoreWeave's bond yield. A hot inflation report is also weighing on rate-sensitive stocks.
Applied Digital's stock is falling today. Investors worry about AI companies getting loans, and higher inflation makes borrowing more expensive for them.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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