Data Centers 29 April 2026

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

Cipher Digital Inc. shares jumped Tuesday, even as the company posted a deeper first-quarter loss. Investors zeroed in on Cipher’s announcement of a third AI data center campus lease and a fresh $200 million revolving credit line to back its move away from bitcoin mining.

5 May 2026

Artificial Intelligence·Data Centers·NASDAQ:CIFR·Stock Market·Technology

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

Eaton stock slipped roughly 2% in New York on Tuesday. The power-management giant delivered record first-quarter sales and bumped up its 2026 organic growth projection, but investors zeroed in on slimmer margins and a profit forecast that came up short of expectations tied to surging AI data center demand.

5 May 2026

Artificial Intelligence·Data Centers·Earnings Reports·NYSE:ETN·Stock Market

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

Sterling Infrastructure Inc. jumped close to 47% late Tuesday morning, lifted by a raised full-year forecast after booming data-center and semiconductor demand sent first-quarter revenue soaring 92%. Shares changed hands near $777, having earlier spiked to more than $792.

5 May 2026

Data Centers·Earnings·NASDAQ:STRL

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

IREN shares jumped on Monday after the company flipped the switch on its 1.4-gigawatt Sweetwater 1 data center in Texas, pushing a major chunk of its AI infrastructure project from the construction phase to the grid. According to the company, they’ve now tied the site’s high-voltage substation into ERCOT, Texas’s grid operator. Sweetwater 1 is part of IREN’s larger 2-gigawatt campus in the area.

5 May 2026

Artificial Intelligence·Data Centers·MTA:IREN.MI·Renewable Energy

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

Powell Industries Inc. reported Monday that new orders for its fiscal second quarter surged 97% to $490 million, while backlog climbed to $1.8 billion. That gives the Houston-based electrical-equipment maker a clearer revenue pipeline, even as quarterly profit declined. After the quarter wrapped, Powell landed a data center order topping $400 million.

5 May 2026

Artificial Intelligence·Data Centers·Industry Analysis

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

Sterling Infrastructure shares surged roughly 19% in late Monday trading, after the company topped first-quarter profit forecasts and boosted its full-year guidance—fueled in part by strong demand from the data center and semiconductor sectors. The stock last traded at $631.05 as of 5:42 p.m. ET, up sharply from a $529.49 close, according to MarketBeat.

5 May 2026

Data Centers·Earnings Reports·NASDAQ:STRL·Stock Market

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

Nokia surged 6.3% in Helsinki on Monday, hitting its highest level in 17 years. The stock’s latest run follows the company’s recent focus on AI data-center infrastructure and its decision to divest a minor fixed-wireless device segment. U.S.-listed ADRs last changed hands at $13.39 by 1546 GMT, topping the previous session’s close.

4 May 2026

Artificial Intelligence·Data Centers·Stock Market

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

Eaton Corporation plc heads into Tuesday’s first-quarter earnings facing a straightforward concern: will demand tied to AI data centers keep translating into real orders, a solid backlog, and profits for the power-equipment maker?

4 May 2026

Data Centers·Earnings Reports·NASDAQ:NVDA·NYSE:ETN·NYSE:HON·NYSE:PH·NYSE:VRT·Stock Market

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

Applied Digital Corp dipped 2.04% to close at $33.55 on Friday, with traders sizing up the recent surge in the AI data-center name against uncertainties around expansion expenses and timelines. Shares swung between $35.15 and $33.30 through the session, and roughly 17.04 million shares changed hands.

3 May 2026

Artificial Intelligence·Data Centers·NASDAQ:ADEX·Stock Market·Technology

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

NextEra Energy, Inc.’s renewables division has landed a deal to build 3,000 megawatts of solar for Salt River Project in Arizona, tapping into surging electricity demand across the Phoenix area. Salt River Project expects the solar farms online by the close of 2034, estimating enough output to supply roughly 595,000 homes in the state.

3 May 2026

Data Centers·NYSE:NEE·Renewable Energy·Solar Power

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

MaxLinear Inc. stock jumped 9.1% to finish at $77.18 on Friday, bringing the company’s valuation to roughly $6.8 billion. Investors piled in as the chipmaker ramped up its move into AI data-center connectivity, fueling another surge in the shares.

3 May 2026

Artificial Intelligence·Data Centers·NASDAQ:MXL·Stock Market·Technology

Vertiv Stock Tests AI Data-Center Rally as VRT Shares Hit Fresh Highs

Vertiv Holdings Co ended Friday at $328.31 after hitting a new 52-week high earlier in the session. Shares swung between $324.23 and $331.97, with the power-and-cooling supplier remaining a key name in Wall Street’s AI data-center play.

3 May 2026

Artificial Intelligence·Data Centers·NYSE:VRT·Stock Market

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

nVent Electric plc bumped up its 2026 sales and profit outlook Friday, fresh off reporting record highs for both first-quarter sales and orders—a clear signal that AI data-center investments are spilling over to electrical gear and cooling systems, not just chips. Net sales landed at $1.242 billion, a 53% jump. Organic sales, which strip out acquisitions and currency swings, climbed 34%. Adjusted earnings per share moved up 63% to $1.09.

1 May 2026

Data Centers·NYSE:NVT·Stock Market·Technology

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

DTE Energy fell short of Wall Street’s first-quarter profit forecasts as losses from its energy trading arm outweighed gains in electric and gas, along with a fresh Google data-center deal aimed at shoring up its 2026 projections. The Detroit utility reported adjusted earnings of $1.95 a share—analysts had been looking for $2.01, based on LSEG figures.

1 May 2026

Data Centers·Earnings Reports·NYSE:DTE

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

Iron Mountain lifted its full-year outlook Thursday following a better-than-expected first quarter, sending shares up sharply as investors seized on signs the records-storage firm is reaping more from data centers and corporate IT asset projects.

30 April 2026

Artificial Intelligence·Data Centers·NYSE:IRM

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

Shares of QUALCOMM Incorporated surged 10.3% in premarket trading Thursday. Traders shrugged off the disappointing outlook for the current quarter, zeroing in on CEO Cristiano Amon’s upbeat comments about a smartphone rebound and Qualcomm’s fresh ambitions in data-center chips. “We can now call the bottom,” Amon told Reuters, saying the handset market has reached its low point.

30 April 2026

Artificial Intelligence·Data Centers·NASDAQ:QCOM

Caterpillar Earnings Beat: AI Data Center Power Demand Drives a Q1 Surprise for CAT Stock

Caterpillar Inc. topped Wall Street’s profit forecasts on Thursday, boosted by robust orders for power-generation gear—especially the kind powering artificial-intelligence data centers, those big facilities hungry for constant, reliable electricity and backup support.

30 April 2026

Artificial Intelligence·Data Centers·Earnings Reports·Stock Market

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

Shares of MaxLinear jumped Wednesday, as another analyst upgrade sent investors further into the Carlsbad chipmaker’s AI data-center narrative. The move comes just days after the company posted a big leap in infrastructure revenue and issued guidance that topped expectations.

29 April 2026

Artificial Intelligence·Data Centers·NASDAQ:MXL·Stock Market

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

Vertiv Holdings Co has acquired Strategic Thermal Labs LLC, a Texas firm known for its advanced liquid-cooling tech, aiming to get closer to the core hardware challenges posed by heat from AI servers.

29 April 2026

Artificial Intelligence·Data Centers

Generac Stock Jumps After Data Center Backlog Forces a 2026 Forecast Reset

Generac Holdings Inc. bumped up its 2026 sales target on Wednesday, following a better-than-expected first quarter. Data center demand played a key role, sending the backup-power equipment maker’s profit above analyst forecasts. Now the company is looking for full-year net sales growth in the mid-to-high teens percentage range—an increase from its prior mid-teens outlook.

29 April 2026

Data Centers·NASDAQ:GNRC·Stock Market·Technology

Data Centers 29 April 2026 - 5 May 2026