Digital Realty Trust raised its full-year forecast for funds from operations on Thursday, betting on resilient leasing momentum from cloud and AI customers to drive growth, sending its shares up 3% in extended trading.
AUSTIN, Texas, July 23, 2026 (GLOBE NEWSWIRE) -- Digital Realty (NYSE: DLR), the world's largest cloud- and carrier-neutral data center platform, announced today financial results for the second quarter of 2026. All per share results are presented on a fully diluted basis.
TORONTO, ON, July 22, 2026 (GLOBE NEWSWIRE) -- Panda Hub, the car detailing and car care platform serving customers in 100+ cities and expanding rapidly across the United States and Canada, announced a strategic investment from technology entrepreneur Matt Tagg. Tagg founded Webafrica in 1997 and built it into one of South Africa's largest internet service providers.
The effort could be hard to enforce because power prices are often decided by state regulators and electricity buyers and sellers.
While the Federal Reserve has held rates steady since its December 2025 meeting, investor expectations for future interest rate decisions have shifted drastically over the course of the year. Early expectations for 2026 rate cuts quickly faded as stubborn inflation fueled interest rate volatility, heavily impacting real estate ETFs.
Digital Realty stock (NYSE: DLR) fell about 5% in premarket trading on Tuesday after the data-centre landlord announced a $3.5 billion deal to buy out Blackstone's interests in three Northern Virginia assets. At first glance, the reaction looks expected as the transaction is large, part-funded with stock, and comes after several other capital moves.
Digital Realty said Tuesday is purchasing a $3.5 billion stake in three data centers from Blackstone. The global data center firm fell in premarket trading following the announcement.