Why is Applied Digital stock climbing today?

Applied Digital stock is experiencing an upward climb in today's trading session, reflecting positive market momentum. Simultaneously, SmartRent stock is also rallying, with shares seeing a significant increase in value. Both companies are seeing their stock prices rise as investors react to current market conditions. These simultaneous rallies indicate a bullish trend for both Applied Digital and SmartRent, as they attract increased buyer interest and positive sentiment across the financial markets today.