🟢 Applied Digital is trading 5.54% up today after rebounding on a massive revenue beat and $20B in AI leases

Applied Digital is trading 5.54% up in pre-market at $29.52 as investors digest a massive revenue beat and significant long-term AI infrastructure deals.

• The stock rebounded sharply from an initial post-earnings plunge on July 30, 2026, following the disclosure of $20 billion in long-term AI data-center leases.
• Market sentiment is driven by renewed confidence in the company's AI infrastructure narrative, which has overshadowed a slight decline in cryptocurrency prices.
• Broader tech futures are trading higher, providing a supportive macro backdrop for the stock's recovery.