How a Data Center Stock Just Doubled Overnight

Ever wish your stocks could pop like popcorn? Applied Digital just pulled it off—its shares shot up over 50% in a day after landing a huge 15-year deal with CoreWeave, an AI company backed by Nvidia. Basically, CoreWeave is renting a ton of server space for its AI projects, and Applied Digital is cashing in—think $7 billion over the next decade and a half. For regular folks, this shows how the AI gold rush is making data centers the new hot property, kind of like digital real estate for all those ChatGPT-style apps. #AIboom #StockMarket #MoneyMoves #Business