Why Applied Digital Stock Rallied 50% on Monday

By Jose Najarro – Jun 3, 2025 at 9:00AM EST

NASDAQ: APLD

Applied Digital

Market Cap

$6.7B

Today's Change

(-6.49%) $1.67

Current Price

$24.05

Price as of December 26, 2025 at 4:00 PM ET

Applied Digital announced a multibillion-dollar contract with CoreWeave.

In today's video, I discuss recent updates affecting Applied Digital (APLD 6.49%) and CoreWeave (CRWV 3.11%). To learn more, check out the short video, consider subscribing, and click the special offer link below.

*Stock prices used were the market prices of June 2, 2025. The video was published on June 2, 2025.

Jose Najarro enjoys investing in the tech market, more importantly, the semiconductor sector. Before partnering with the Fool, Jose worked as a Senior Electrical Engineer for General Dynamics, where he had first-hand experience seeing how emerging technology can change the world. Jose Najarro went to NJIT, receiving his Bachelor's and Master's degree in Electrical Engineering.

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