Applied Digital is trading at $29.41 (5.6% up) as it extends a rebound from its July 20 move, supported by a rotation back into AI infrastructure and positive momentum in the crypto market.
- Crypto-linked sentiment is bolstered by gains in Bitcoin (+2.11%) and Ethereum (+2.03%) since the last close.
- Broader technology stocks are also firm, with the Nasdaq up 1.01% and the S&P 500 up 0.43%, reinforcing the upward move.