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Weekly Recap: Digital Realty Trust, Inc. Q2 results and AI power pledges

Digital Realty Trust, Inc. (NYSE:DLR) posted strong Q2 results—net income $443.1M, revenue $1.92B (+29% YoY) and core FFO/sh $2.13—while joining ~200 firms to finance higher AI power costs, grid upgrades and utility coordination as it raises FY guidance.Previous Week RecapThis is an AI-generated su…

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Digital Realty Strengthens Portfolio With $7.8B Data Center Deal

Digital Realty DLR announced that it has agreed to acquire Blackstone-affiliated funds’ equity interest in three hyperscale data centers in Northern Virginia, increasing its ownership of high-quality assets in the world’s largest data center market. The portfolio comprises two facilities in Manassa…

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A $27M-Per-Megawatt Data Center Deal Just Gave Bitcoin Miners A Price Tag — And VanEck Says CIFR, HUT Are Way Too Cheap

Bitcoin (BTC) miners just got a fresh yardstick for their AI ambitions, and one analyst said it shows how cheaply the market is pricing them.Digital Realty Trust (DLR) has agreed to purchase three fully leased AI data centers in Northern Virginia from Blackstone (BX) for $3.5 billion, a deal that V…

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Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Tuesday:** Deutsche Bank XETR:DBK said that Kotak Mahindra Bank NSE:KOTAKBANK would acquire its retail banking and wealth management business in India, as the German bank aims to streamline operations and redeploy…

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Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Tuesday:** British lender Barclays LSE:BARC acquired a 999-year leasehold interest in its global headquarters at London's Canary Wharf in a deal valued at £750 million ($992.78 million).** India's Adani Ports and S…

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