Investment firm B. Riley said the CoreWeave lease contracts strengthen Applied Digital’s appeal as a leading provider of high-performance compute infrastructure.
Wall Street's two-day rally lost momentum Wednesday as investors reassessed the economic outlook after weak job numbers and a surprise contraction in the U.S. services sector cast fresh doubt over the strength of the economy.
The observance of black spots was reported in a product quality complaint, the U.S. FDA said, while noting that oral products contaminated with Aspergillus may result in serious and life-threatening infections.
The free European Security Program will enhance AI-driven cyber threat intelligence, strengthen partnerships with law enforcement, and boost digital defenses across EU countries.
Among the key catalysts for the day is ADP’s private payrolls report for May, which is expected to show job gains of 110,000 compared to 62,000 in April.
LYR-210 demonstrated statistically significant improvement compared to sham control in key symptoms of chronic rhinosinusitis, such as nasal obstruction, nasal discharge, and facial pain/pressure at week 24.
In a study conducted in China, GFH375, also known as VS-7375 in the U.S., showed an overall response rate of 52% in patients with pancreatic ductal adenocarcinoma and 42% in those with non-small cell lung cancer.
After delivering its strongest monthly performance since November 2023, Wall Street entered June on a cautious note, with mounting geopolitical tensions and new trade tariffs clouding investor appetite for risk assets.
The $45 million purchase was financed using the company’s available cash, which stood at $61.3 million as of the end of March, bolstered by proceeds from its at-the-market equity offering.
The agreements, each spanning roughly 15 years, will enable Applied Digital to deliver 250 megawatts of critical IT power to support CoreWeave’s AI and HPC systems at its data center complex in Ellendale, North Dakota.
The indices continue to quote close to their next resistance.
While headline indices may show only minor daily fluctuations, the underlying breadth data paints a more fragile picture.
A strong May for U.S. equities is closing on a sour note, after President Donald Trump accused China of "totally" breaching a tariff agreement, raising new fears over trade disputes.
