Jim Cramer on Applied Digital: A $7.5 Billion Contract Isn’t Enough Without Profits

Jim Cramer on Applied Digital: A $7.5 Billion Contract Isn’t Enough Without Profits

The post Jim Cramer on Applied Digital: A $7.5 Billion Contract Isn’t Enough Without Profits appeared first on 24/7 Wall St.. Quick Read Jim Cramer said no to Applied Digital (APLD) despite its $7.5 billion CoreWeave contract, arguing the company is unprofitable while competitors generate earnings. Applied Digital reported $126.64 million in Q3 2026 revenue, up 139% YoY, but posted a $100.9 million net loss and has $2.7 billion in debt agains…

Applied Digital Stock Pulls Back After $7.5 Billion AI Data-Center Deal — What Comes Next

Applied Digital shares fell 2.04% to $33.55 Friday, retreating from gains after its $7.5 billion, 15-year AI data-center lease announced April 23. The deal raised total contracted lease revenue above $23 billion, but investors remain cautious over buildout costs and execution risk. Trading volume reached about 17 million shares. The post Applied Digital Stock Pulls Back After $7.5 Billion AI Data-Center Deal — What Comes Next appeared first on T…