Applied Digital is trading 4.03% up at $25.91 amid a broad risk-on session.
- Bitcoin is up 4.30% since the September 2 close, while Ethereum has gained 3.89%, supporting crypto-linked and digital-infrastructure shares.
- The S&P 500 is up 0.99% and Nasdaq Composite 1.40%.
- No fresh company-specific catalyst was identified; recent coverage instead attributes comparable weakness to macro financing concerns.