finance

Applied Digital Corporation (Nasdaq: APLD) has reported earnings for the fiscal third quarter of 2023, ended February 28, 2023. The company generated revenue of $14.1 million, a growth of 14% from the last quarter. Applied Digital also managed an adjusted EBITDA of $0.9 million, and had an adjusted loss from continuing operations of $1.4 million or adjusted loss per share of $0.01. Applied Digital has been developing next-generation data centres across North America to cater to High Performance Computing ("HPC") applications. The company anticipates energization of the first half of a 180-Megawatt ("MW") facility in Ellendale, North Dakota, by the end of April and the remaining to be turned on before June. Findings suggest a continued demand for services from both traditional customers and emerging HPC markets, this validates Applied Digital’s position as leading digital infrastructure providers to serve different hosting needs. The company recognizes the cryptocurrency market as a segment of its target market and is currently working toward having a diversified customer base in line with the growing HPC markets segment, which is expected to deliver long-term, high-margin, sustainable cash flow.

Klay Thompson made it clear that he believes the Warriors are the best team in the league when they are healthy. With a win over the Sacramento Kings on Friday, the Warriors will finish no worse than sixth in the Western Conference, avoiding the play-in tournament. However, even with postseason experience, the Warriors still have a tough road ahead. To reach their full potential for another NBA championship, they need to take care of the basketball, have good collective shot selection, and communicate on defense. Andrew Wiggins, who has been dealing with a personal family issue, will likely be ready for the postseason if Golden State stays out of the play-in tournament. Thompson's confidence in the team shows that the Warriors are hitting their stride, but they need to maintain and improve certain aspects of their game to make another deep run. Although the Warriors may not be viewed as the favorite in the West, especially if they face the Suns and Kevin Durant, their talent and experience should not be ignored.

The race for the bottom half of the Western Conference playoff picture is heating up with just two days remaining in the regular season. The Golden State Warriors slipped to the sixth seed with the Los Angeles Clippers' win over the Los Angeles Lakers on Wednesday night. Although, the Warriors and Clippers split their season series, Los Angeles has a better record against Pacific Division opponents, giving them the tiebreaker over Golden State. With two games left to play, the Warriors are just one game up on the Lakers, a game-and-a-half up on the New Orleans Pelicans, and two games up on the Minnesota Timberwolves. The Warriors will play the No. 3 playoff seed, Sacramento Kings, on Friday and the Portland Trail Blazers on Sunday. These two games will determine whether the Warriors can secure a top-six playoff seed and avoid the play-in tournament. The Warriors are the reigning champions with a core of Stephen Curry, Klay Thompson, and Draymond Green, who have performed at the highest level in the postseason on their way to four rings. Therefore, they will be a tough match for any opponent in the first round.

With two games left in the NBA regular season, the Golden State Warriors are fighting for their playoffs spot, and it all comes down to their next two games. The Warriors slipped to the sixth seed in the Western Conference standings after the Los Angeles Clippers' win over the Lakers. They split their season series, but the Clippers have a better record against Pacific Division opponents, giving them the tiebreaker over the Warriors. The Warriors now have to fight it out in their next two games. They will face the Sacramento Kings, who are already locked in as the No. 3 seed, and the Portland Trail Blazers, who have been shamelessly tanking, resting Damian Lillard and other key players. If the Warriors win both games, they will clinch a top-six seed and avoid the play-in tournament. However, they could end up anywhere from sixth to eighth, depending on the results from the Pelicans, Lakers, and Clippers. The stakes are high, and it all comes down to these two games for the Warriors. Will they succeed in avoiding the play-in and clinching a top-six seed?

Golden State Warriors' guard Gary Payton II will not be playing in Game 3 of their first-round playoff series against the Sacramento Kings due to an illness, according to the NBA’s official injury report. Payton II was listed as “questionable” ahead of Thursday's game, but he didn’t attend the Warriors' pregame shootaround session due to his illness. The 30-year-old guard was acquired by Golden State at the trade deadline recently as a short-term solution when the team focused on the playoffs. Payton II showed his defensive skills in the two games he had played against the Kings, where he was the only Warriors’ player who could keep pace with Sacramento point guard De'Aaron Fox, who had been pivotal to Kings' progress. Golden State is already down to a 2-0 series deficit and instead will depend on guard Andrew Wiggins, who has been listed as “available,” to step up, as well as their other players, as they look to avoid elimination. Guard Jordan Poole, who has been struggling with ankle sprain, will also be playing. Draymond Green, the Warriors’ defensive player, remains out due to a one-game suspension, along with Payton II, with concerns regarding the team’s defensive capabilities against the fast-paced Kings.

The Golden State Warriors have a chance to secure a top-six seed in the Western Conference playoffs in their final regular season game against the Portland Trail Blazers. However, with Stephen Curry suffering from a right hip contusion, there is a question of whether he will be able to play in such an important game. In the previous game against the Sacramento Kings, Curry finished with 25 points, 7 rebounds, and 6 assists, but picked up the knock during the game. ESPN reports that Curry is probable for Sunday's game but it remains to be seen whether he will start or not. The Warriors will certainly want their star player on the court, especially as they are just one game behind the Lakers. Curry has been in impressive form this season, averaging 29.5 points, 6.1 rebounds, and 6.3 assists per game. If he does play, our models predict that Curry will score 45.4 FanDuel points in just over 35 minutes of playing time.

Walmart Inc. has filed a lawsuit against credit card partner Capital One, accusing them of failing to meet the customer service standards outlined in their contract. The lawsuit asks the New York federal court to find that Walmart is allowed to terminate their agreement with Capital One. This legal action comes after Walmart switched their primary credit card partner from Synchrony Financial to Capital One back in 2018. Capital One began issuing Walmart cards as part of the deal in August 2019. It was expected that this partnership would negatively impact Synchrony Financial's store credit card business, with Walmart representing almost 20% of their business, leaving nearly $10 billion in balances of Walmart cards issued by Synchrony Financial. As of now, the reason behind Walmart's lawsuit remains unclear. Meanwhile, Capital One's stock price ranged between $94.44 and $95.66 on April 8th, 2023, with a volume of 2,045,893 shares traded throughout the day.

The Boston University Terriers are set to take on the Minnesota Golden Gophers in the semifinals of the Frozen Four on Thursday. The Terriers, who finished their regular season with a record of 29-10-0, is a No. 1 seed in the tournament. They are led by captain Domenick Fensore who says that the team's approach to this tournament has been to never feel satisfied and to always want more. The team's last appearance in the tournament was in 2021 when they were eliminated after one game. Their opponents, the Minnesota Golden Gophers, are the top-ranked team in the tournament and won the Big Ten regular-season title. They feature Logan Cooley and Matthew Knies, who are both finalists for the Hobey Baker Award, and will certainly be a tough challenge for the Terriers. The game is set to start at 5 pm EST and will be televised on ESPN2. The winner of this matchup will advance to the championship game on Saturday.

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