There's been a surge of market activities revolving around Digital Realty Trust Inc. Their stock performance has seen fluctuations, with instances of underperformance compared to competitors. They released their Q1 2024 earnings call transcript and reported their Q4 2023 results. Additionally, the company's Q1 FFO (Funds From Operations) estimates beat predictions, while their revenues lagged. They announced new offerings such as liquid-to-chip cooling technology and the hosting of an Artificial Intelligence (AI) supercomputer in Denmark. Meridian Wealth Management LLC and Principal Securities Inc made new investments in the company. Some shareholder movements have been noted, with insiders reportedly selling US$11m worth of stock. Furthermore, despite a downgrade due to dividend issues, the stock is near a 2-year high after a remarkable profit reversal. Digital Realty also formed a data center development joint venture with Mitsubishi Corporation and announced a $7 billion hyperscale data center development joint venture with Blackstone.
Digital Realty Trust DLR News Analytics from Mon, 07 Aug 2023 07:00:00 GMT to Sun, 19 May 2024 11:10:19 GMT - Rating 4 - Innovation 7 - Information 8 - Rumor -5
