financetom
Business
financetom
/
Business
/
Macquarie to invest up to $5 bln in Applied Digital data centers, WSJ reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Macquarie to invest up to $5 bln in Applied Digital data centers, WSJ reports
Jan 14, 2025 3:24 AM

Jan 14 (Reuters) - Investment bank Macquarie will invest

up to $5 billion in Applied Digital's ( APLD ) AI data centers

and will take a 15% stake in the company, the Wall Street

Journal reported on Tuesday.

(Reporting by Zaheer Kachwala in Bengaluru; Editing by

Saumyadeb Chakrabarty)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Lowe's Should See Outsized Gains on Stock Even If Some Strategies Fail, UBS Says
Lowe's Should See Outsized Gains on Stock Even If Some Strategies Fail, UBS Says
Dec 12, 2024
03:06 PM EST, 12/12/2024 (MT Newswires) -- Lowe's (LOW) should see outsize gains on its stock as the home improvement market recovers, even if some of the company's strategies don't work, UBS said in a note emailed Thursday. Lowe's stands in a good spot, UBS wrote, citing the company's sound track record in revamping its systems, supply chain, store experience,...
Market Chatter: Google CEO to Meet Trump
Market Chatter: Google CEO to Meet Trump
Dec 12, 2024
03:01 PM EST, 12/12/2024 (MT Newswires) -- Alphabet (GOOG, GOOGL) Chief Executive Officer Sundar Pichai, also the CEO of Google ( GOOG ), is likely going to meet with President-elect Donald Trump on Thursday, The Information reported, citing a person briefed on the plans. Pichai is expected to fly to the Mar-a-Lago Club in Palm Beach, Florida for the meeting,...
Looking At Spotify Technology's Recent Unusual Options Activity
Looking At Spotify Technology's Recent Unusual Options Activity
Dec 12, 2024
Investors with a lot of money to spend have taken a bullish stance on Spotify Technology ( SPOT ) . And retail traders should know. We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this...
Why Community Health Systems (CYH) Stock Is Falling
Why Community Health Systems (CYH) Stock Is Falling
Dec 12, 2024
Community Health Systems Inc ( CYH ) shares are trading lower by 7% to $3.38 Thursday afternoon. The company announced a definitive agreement to sell its North Carolina Hospital to Duke Health for approximately $280 million. What Else: Community Health Systems ( CYH ) announced that a subsidiary has entered a definitive agreement to sell the 123-bed Lake Norman Regional Medical...
Copyright 2023-2026 - www.financetom.com All Rights Reserved