Digital Realty Trust Stock News

Digital Realty Trust, Inc. (NYSE:DLR ) Citi's 2024 Global TMT Conference September 5, 2024 1:20 PM ET Company Participants Matthew Mercier - CFO Conference Call Participants Michael Rollins - Citi Michael Rollins This session is for Citi clients only, and disclosures are available in the back of the room next to the AV desk, and we also have them conveniently up here. If you'd like to scroll th...

Digital Realty Trust, Inc. (NYSE:DLR ) Bank of America 2024 Media, Communications & Entertainment Conference September 4, 2024 8:50 AM ET Company Participants Matt Mercier - CFO Conference Call Participants David Barden - Bank of America David Barden Everybody, I'm Dave Barden. I head up Telecommunications and Comm-Infrastructure Research for Bank of America.

AUSTIN, Texas--(BUSINESS WIRE)--Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation, and interconnection solutions, today announced the appointment of Jules Johnston as Senior Vice President of Global Channels. This strategic appointment underscores Digital Realty's commitment to further enhancing its partner ecosystem, a cornerstone of ...

Rates down, REITs up? Two years of persistent rate-driven pressure on residential and commercial real estate markets appears to finally be abating as the worst of pandemic-era inflationary pressures subside. Since the "pivot' in early July, the REIT Index has outpaced the S&P 500 by 10 percentage points. Despite this rebound, REITs still have 35 percentage points of "catch-up" to do. REITs aren...

U.S. equity markets climbed to record-highs while benchmark interest rates rebounded from eight-month lows on a relatively quiet end-of-summer week as investors parsed a 'Goldilocks' slate of economic data. PCE data showed modest inflationary pressures in July - keeping the Fed on course for multiple rate cuts by year-end - while consumer spending and consumer confidence data topped estimates. ...

Nvidia's NVDA partnerships with other tech giants including Amazon.com's AMZN AWS, Alphabet's GOOGL GOOG Google Cloud, Microsoft MSFT Azure and Tesla TSLA have been instrumental in deploying its cutting-edge AI systems globally.

DLR continues to report higher pricing and robust renewal spreads in H1'24, resulting in the robust AFFO per share and Cash Net Operating Income growth. Combined with the much healthier balance sheet and lower AFFO payout ratios, we believe that a dividend hike is likely by 2025, if not H2'24. Therefore, while the management may prudently reiterate their FY2024 core FFO guidance range, we belie...

Fixed income securities are much broader than areas that typically receive allocation. Preferreds are often overlooked due to perceived riskiness, but can be safer than bonds of troubled companies. Spreads between preferreds and bonds of the same company vary widely, indicating mispricing and potential opportunities.