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.

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

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

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
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Bank of America’s $16 Billion Oracle AI Data Center Deal Puts Wall Street’s AI Bet Under a Harsh Light

Bank of America’s $16 Billion Oracle AI Data Center Deal Puts Wall Street’s AI Bet Under a Harsh Light

Bank of America Corporation is leading the $16 billion financing package for a Michigan data center campus—an Oracle-backed project from Related Digital—handing the U.S. bank a major role as AI infrastructure spending accelerates. Related Digital, along with Blackstone, confirmed the deal for the Saline Township development. Bank of America steps in as both structuring agent and financial advisor.
26 April 2026
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Keel Infrastructure’s Paraguay Sale Puts Former Bitfarms’ AI Data Center Bet on the Clock

Keel Infrastructure’s Paraguay Sale Puts Former Bitfarms’ AI Data Center Bet on the Clock

Keel Infrastructure Corp. has wrapped up the sale of its 70-megawatt Paso Pe facility in Paraguay, pulling in around $13 million after adjustments—less than half of the original deal’s potential $30 million price tag. The move marks the former Bitfarms' full exit from Latin America, as it pivots harder toward AI-driven data-center infrastructure. A megawatt represents power capacity, essential for large-scale computing.
24 April 2026
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