Applied Digital Soars 10%, IREN Up 5%, CoreWeave Up 2% as AI Infrastructure Selloff Reverses

Key TakeawaysApplied Digital shares jumped [10%] today as AI infrastructure stocks bounced back from last week’s selloff, with IREN up [5%] and CoreWeave up [2%]. Goldman Sachs helped spark the rebound by upgrading CoreWeave, a tenant of Applied Digital, to Buy, while Applied Digital had no news of its own.