Today: 23 May 2026
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Data Centers 29 April 2026 - 6 May 2026

Hut 8 Stock Jumps After $9.8 Billion Texas AI Data Center Lease Speeds Its AI Pivot

Hut 8 Stock Jumps After $9.8 Billion Texas AI Data Center Lease Speeds Its AI Pivot

Hut 8 shares surged 32% Wednesday after the company signed a 15-year, $9.8 billion lease for 352 megawatts of IT capacity at its Beacon Point data center in Texas. The deal boosts Hut 8’s contracted AI data center capacity to 597 MW and total contract value to $16.8 billion. Revenue for the first quarter rose to $71 million, but net loss widened to $253.1 million, mainly due to unrealized losses on digital assets.
6 May 2026
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Cipher Digital Stock Jumps After $200 Million Credit Line, New AI Data Center Lease

Cipher Digital Stock Jumps After $200 Million Credit Line, New AI Data Center Lease

Cipher Digital shares jumped 16% Tuesday after the company reported a wider first-quarter net loss of $114.3 million but announced a third AI data center campus lease and a $200 million revolving credit facility. Bitcoin mining revenue fell to $34.8 million from $49 million a year earlier. The company now claims $11.4 billion in contracted lease revenue and 907 megawatts of operating and contracted capacity.
5 May 2026
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Eaton Stock Falls Despite Record Q1 as AI Data-Center Boom Tests Margins

Eaton Stock Falls Despite Record Q1 as AI Data-Center Boom Tests Margins

Eaton shares fell about 2% Tuesday after the company posted record first-quarter sales of $7.5 billion, up 17% from a year earlier, but reported thinner margins and a profit outlook that missed some analyst expectations. Adjusted earnings were $2.81 a share, above Wall Street forecasts, while segment margins dropped 1.2 percentage points. Eaton closed $11 billion in acquisitions during the quarter, including Boyd Thermal for $9.55 billion.
5 May 2026
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Sterling Infrastructure Stock Rockets as Data Center Boom Sends Q1 Revenue Up 92%

Sterling Infrastructure Stock Rockets as Data Center Boom Sends Q1 Revenue Up 92%

Sterling Infrastructure shares jumped nearly 47% late Tuesday morning after first-quarter revenue surged 92% to $825.7 million, driven by data center and semiconductor projects. Net income rose to $96 million, or $3.09 per share. The company raised its 2026 revenue forecast to up to $3.8 billion and said E-Infrastructure work made up 72% of first-quarter revenue. Backlog reached $3.8 billion at March 31.
5 May 2026
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IREN Stock Jumps After Sweetwater Power Milestone Puts Its AI Data Center Bet Back In Focus

IREN Stock Jumps After Sweetwater Power Milestone Puts Its AI Data Center Bet Back In Focus

IREN shares jumped 8.37% to $49.48 Monday after the company energized its 1.4-gigawatt Sweetwater 1 data center in Texas, connecting its substation to the ERCOT grid. The company said power delivery will ramp up as the site is built out. IREN also announced a definitive agreement to acquire Mirantis. The stock was quoted at $50.16 before Tuesday’s U.S. open.
5 May 2026
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Powell Industries’ $400 Million Data Center Order Puts Its AI Power Boom to the Test

Powell Industries’ $400 Million Data Center Order Puts Its AI Power Boom to the Test

Powell Industries reported fiscal Q2 new orders surged 97% to $490 million, lifting backlog to a record $1.8 billion. Profit slipped 1% to $45.9 million, missing analyst forecasts along with revenue. The company disclosed a post-quarter data center order exceeding $400 million, its largest ever. Shares fell nearly 2% before recovering slightly after hours.
5 May 2026
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Sterling Infrastructure Stock Jumps as Data-Center Work Drives Q1 Beat, 2026 Outlook Raise

Sterling Infrastructure Stock Jumps as Data-Center Work Drives Q1 Beat, 2026 Outlook Raise

Sterling Infrastructure shares jumped 19% in late trading Monday after first-quarter profit and revenue beat estimates and the company raised its 2026 outlook. Net income was $96 million on revenue of $825.7 million, with E-Infrastructure revenue up 174% to $597.7 million. Backlog reached $3.80 billion, up 78% from a year ago. Building Solutions adjusted operating income fell 42% amid continued housing market weakness.
5 May 2026
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Nokia Stock Hits 17-Year High as AI Data-Center Pivot Draws New Buyers

Nokia Stock Hits 17-Year High as AI Data-Center Pivot Draws New Buyers

Nokia shares surged 6.3% in Helsinki on Monday, hitting a 17-year high after the company announced the sale of its fixed wireless access device business to Inseego and reported rising sales linked to AI data centers. Nokia will receive up to an 11% stake in Inseego as part of the deal, expected to close in the fourth quarter. First-quarter orders from AI and cloud customers reached 1 billion euros, up 49%.
4 May 2026
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Eaton Stock Faces May 5 Test as AI Data Center Bets Meet Earnings Reality

Eaton Stock Faces May 5 Test as AI Data Center Bets Meet Earnings Reality

Eaton will report first-quarter results before the NYSE opens Tuesday, following its Boyd Thermal acquisition and push into AI data-center power systems. Shares closed Friday at $425.55, down 1.72%, with a market value near $166 billion. Wall Street expects adjusted earnings of $2.75 per share for the March quarter. Investors are watching for signs that AI data-center demand is driving orders and profit.
4 May 2026
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Applied Digital Stock Pulls Back After $7.5 Billion AI Data-Center Deal — What Comes Next

Applied Digital Stock Pulls Back After $7.5 Billion AI Data-Center Deal — What Comes Next

Applied Digital shares fell 2.04% to $33.55 Friday, retreating from gains after its $7.5 billion, 15-year AI data-center lease announced April 23. The deal raised total contracted lease revenue above $23 billion, but investors remain cautious over buildout costs and execution risk. Trading volume reached about 17 million shares.
3 May 2026
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NextEra Energy Wins 3,000-MW Arizona Solar Deal as Data Centers Stretch the Grid

NextEra Energy Wins 3,000-MW Arizona Solar Deal as Data Centers Stretch the Grid

NextEra Energy will build 3,000 megawatts of new solar generation for Salt River Project in Arizona, with completion expected by 2034. The contract aims to meet surging power demand around Phoenix, much of it driven by data centers. SRP has not finalized the cost of the power, and the first 500 megawatts are set for 2029. NextEra shares closed at $96.95 on Friday.
3 May 2026
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MaxLinear Stock Has Tripled. Its AI Data-Center Bet Now Faces a Bigger Test

MaxLinear Stock Has Tripled. Its AI Data-Center Bet Now Faces a Bigger Test

MaxLinear shares jumped 9.1% to $77.18 Friday after first-quarter infrastructure revenue rose 136% year over year, overtaking broadband as its largest segment. The company reported $137.2 million in revenue and a GAAP net loss of $45.1 million. Analysts raised price targets, but the stock now trades above some of those levels. MaxLinear guided second-quarter revenue to $160 million to $170 million.
3 May 2026
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nVent Stock Jumps After Data-Center Demand Triggers a 2026 Forecast Reset

nVent Stock Jumps After Data-Center Demand Triggers a 2026 Forecast Reset

nVent Electric raised its 2026 sales and profit forecasts after first-quarter net sales jumped 53% to $1.24 billion and adjusted EPS climbed 63% to $1.09. Organic orders rose about 40% and backlog hit $2.6 billion, driven by data-center demand for liquid cooling and power equipment. Shares surged 13.3% to $161.94, pushing market value to $26.5 billion. The company now expects full-year sales growth of up to 28%.
1 May 2026
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DTE Energy Earnings Miss: Google Data Center Deal Puts Michigan Utility’s Growth Story Under Pressure

DTE Energy Earnings Miss: Google Data Center Deal Puts Michigan Utility’s Growth Story Under Pressure

DTE Energy missed first-quarter profit estimates, reporting adjusted earnings of $1.95 per share versus the $2.01 expected, as its energy trading unit posted a $25 million loss. Net income fell to $247 million from $445 million a year earlier. The company reaffirmed 2026 guidance and highlighted new Google and Oracle data-center deals. A $474.3 million electric rate request faces opposition from Michigan’s attorney general.
1 May 2026
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Iron Mountain Stock Jumps as AI Data-Center Demand Pushes 2026 Forecast Higher

Iron Mountain Stock Jumps as AI Data-Center Demand Pushes 2026 Forecast Higher

Iron Mountain raised its 2026 revenue outlook after first-quarter revenue jumped 21.6% to $1.94 billion and net income rose to $149 million from $16 million. Shares surged 10% to $125.93. Data center revenue climbed 47% to $255 million, while asset lifecycle management revenue nearly doubled to $232 million. The company now expects 2026 revenue of $7.825–$7.925 billion.
30 April 2026
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QUALCOMM Incorporated (QCOM) Stock Jumps as AI Data-Center Bet Offsets Weak Forecast

QUALCOMM Incorporated (QCOM) Stock Jumps as AI Data-Center Bet Offsets Weak Forecast

Qualcomm shares rose 10.3% premarket Thursday after CEO Cristiano Amon said the smartphone market had bottomed and highlighted progress in data-center chips. Fiscal Q2 revenue fell 3% to $10.6 billion, with handset revenue down 13% but automotive up 38%. The Q3 forecast missed Wall Street estimates. Qualcomm expects chip sales to Chinese handset makers to recover after Q3.
30 April 2026
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Why MaxLinear Stock Is Surging as AI Data-Center Demand Rewrites the Story

Why MaxLinear Stock Is Surging as AI Data-Center Demand Rewrites the Story

MaxLinear shares rose about 34% to $69.58 on Wednesday after Loop Capital upgraded the stock and raised its target to $75. The surge followed a first-quarter report showing infrastructure revenue up 136% to become the company’s largest segment. Total revenue climbed 43% to $137.2 million. MaxLinear guided second-quarter revenue to $160–$170 million, citing strong demand for data-center optical products.
29 April 2026
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Vertiv Just Bought A Liquid-Cooling Specialist As AI Data Centers Turn Up The Heat

Vertiv Just Bought A Liquid-Cooling Specialist As AI Data Centers Turn Up The Heat

Vertiv Holdings Co acquired Strategic Thermal Labs, a Texas-based liquid-cooling specialist, to boost its AI and high-performance computing data center offerings. Vertiv shares rose 0.6% to $307.00, valuing the company at about $119.9 billion. Deal terms were not disclosed. The move follows a 30% jump in Vertiv’s first-quarter net sales and an increased 2026 earnings forecast.
29 April 2026
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Stock Market Today

  • NICE (TASE:NICE) Faces Valuation Question After 54% Share Decline
    May 23, 2026, 5:26 AM EDT. NICE, an AI-powered cloud platform company, has seen its share price fall 26% year to date and 54% over the past year despite reporting ₪3.0 billion in revenue and ₪529.6 million net income. The stock currently trades at ₪267.3, while analysts estimate a fair value of ₪620.96, suggesting the company may be undervalued amid strong AI-driven revenue growth and cloud adoption. However, risks include margin pressure from cloud investments and revenue churn from acquisitions. Investors are weighing near-term valuation concerns against NICE's long-term growth prospects in AI and customer engagement solutions.

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XRP ETFs Hit $1.53 Billion as Bitwise Pulls Ahead, but the Chart Has a Catch

XRP Price Today: Weekend Drop Puts $1.30 on the Line as ETF Flows Defy Crypto Selloff

23 May 2026
NEW YORK, May 23, 2026, 05:20 EDT XRP fell to about $1.31 on Saturday, extending a weak week that has put the Ripple-linked token close to a near-term line traders have been watching. CoinMarketCap showed XRP down 3.9% over 24 hours, with trading volume of about $2.16 billion and market value near $81 billion. (CoinMarketCap) The move matters now because XRP is lagging even in a soft crypto tape. CoinGecko showed the token down 7.4% over seven days, compared with a 4.1% drop for the broader crypto market, leaving it ranked fifth by market value. (CoinGecko) This is a holiday-weekend
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 23.05.2026

23 May 2026
LIVEMarkets rolling coverageStarted: May 23, 2026, 4:00 AM EDTUpdated: May 23, 2026, 5:37 AM EDT NICE (TASE:NICE) Faces Valuation Question After 54% Share Decline May 23, 2026, 5:26 AM EDT. NICE, an AI-powered cloud platform company, has seen its share price fall 26% year to date and 54% over the past year despite reporting ₪3.0 billion in revenue and ₪529.6 million net income. The stock currently trades at ₪267.3, while analysts estimate a fair value of ₪620.96, suggesting the company may be undervalued amid strong AI-driven revenue growth and cloud adoption. However, risks include margin pressure from cloud investments and
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