Applied Digital Corporation designs, develops, and operates digital infrastructure solutions and cloud services high-performance computing (HPC) and artificial intelligence industries in North America. It operates through three segments: Data Center Hosting Business, Cloud Services Business, and HPC Hosting Business. The company offers infrastructure services to crypto mining customers; and GPU computing solutions for critical workloads related to AI, machine learning, and other HPC tasks. It also engages in the designing, constructing, and managing of data centers to support HPC applications. The company was formerly known as Applied Blockchain, Inc. and changed its name to Applied Digital Corporation in November 2022. Applied Digital Corporation is based in Dallas, Texas.

Nottenburg Richard N

MILLER DOUGLAS S

HASTINGS CHUCK

Cummins Wes

Benson Ella G.

The Gross Law Firm has filed a securities class action lawsuit against Babcock & Wilcox Enterprises (BW) for the period November 5, 2025 to March 11, 2026. The complaint alleges that the company issued materially false and misleading statements regarding a power generation contract with Applied Digital, claiming that BRC (the largest shareholder) had undisclosed conflicts of interest on both sides of the deal and that Applied Digital may not have actually needed the products/services, raising questions about revenue recognition and overstating business prospects.

BW Shareholder Alert: Babcock & Wilcox Enterprises, Inc. Securities Class Action Lawsuit - Investors With Losses May Contact The Gross Law Firm

A class action lawsuit has been filed against Babcock & Wilcox Enterprises, Inc. for allegedly making false and misleading statements regarding a Power Generation Contract with Applied Digital. The lawsuit claims the company's largest shareholder BRC Group Holdings stood on both sides of the deal and that Applied Digital may not have actually needed the products/services, raising questions about revenue recognition and overstated business prospects. Investors who purchased B&W securities between November 5, 2025 and March 11, 2026 can seek lead plaintiff status by June 15, 2026.

BABCOCK & WILCOX CLASS ACTION ALERT: Bragar Eagel & Squire, P.C. Urges Babcock & Wilcox Enterprises, Inc. Investors with Large Losses to Contact the Firm

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Applied Digital Corporation (APLD) Stock Price, Analysis & Trade Signals