Digital Realty Trust (DLR) has seen a 4.5% decline in trading, raising questions about its recent performance. However, the company is being considered as a contrarian gem in the AI data center realm amidst volatile trading. Some significant financial decisions include issuing €850 million in notes through a subsidiary, due 2034. Multiple stake changes in DLR have been noted, with Sequoia Financial Advisors and Assenagon Asset Management notably increasing their positions. Companies such as Mizuho and Oppenheimer are endorsing DLR with positive forecasts and identifying it as a beneficiary of AI megatrends.
Digital Realty has also declared a cash dividend for common and preferred stock and announced collaborations with
HPE to modernize its global data centers. Ay negative speculation, DLR's 14.9% rally in the last three months hints at its strength in the REIT market. Nevertheless, market worries remain due to
DeepSeek AI Model, indicating the need for a potential rethink on AI spending. Digital Realty recently secured €850M European financing, portrays the company's sound financial standing.
Digital Realty Trust DLR News Analytics from Thu, 26 Sep 2024 07:00:00 GMT to Sat, 28 Jun 2025 14:47:01 GMT -
Rating 2
- Innovation 7
- Information 8
- Rumor 2
