Key Points Micron's blockbuster earnings report helped set off a rally in the AI market. Applied Digital announced on Thursday that it has secured new funding from a key financing partner. The company is at risk of overextending itself in its rush to build new data centers. 10 stocks we like better than Applied Digital › Shares of Applied Digital (NASDAQ: APLD) jumped on Friday, finishing the day up 16.5%. The gain came as the S&P 500 and the Nasdaq Composite finished up 0.8% and 1.3%, respectiv ...