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Posted by
Two Blokes Jul 20 -
Filed in
Stock
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6 views
I expect Applied Digital to beat analysts' revenue estimates when it reports Q4 earnings on July 30th. The lease agreement with CoreWeave de-risks Applied Digital's business due to its 15-year period, which could help it secure future funding at better terms. Applied Digital's technicals on the daily, weekly, and monthly timeframes point to a potential breakout of a multi-year ascending triangle pattern.
