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DTST News30 articles
Entergy Shares Surge on Meta Data Center Deal, Analysts Boost Targets
Entergy shares continue climbing, buoyed by a major $10 billion data center partnership with Meta and analyst upgrades setting $120 price targets. The deal includes significant grid investments and customer savings.
Shenzhen Market Plunges as Growth Stocks Retreat Despite Positive Factory Data
Shenzhen stocks declined sharply on Tuesday, with the ChiNext board dropping 2.7%, as investor concerns over energy prices and supply chain risks overshadowed positive manufacturing data.
Historical Data Signals Calm Amid 2026 Market Turbulence
Despite a 7% S&P 500 drop in early 2026, historical indicators including the January barometer and market resilience after geopolitical shocks suggest long-term investors should stay the course.
Coherent Gains Spotlight Following Nvidia Partnership, Exec Highlights AI Data Center Role
Coherent Corp's senior vice president emphasized the broad industry impact of its Nvidia partnership at a Pittsburgh summit. The company reported a 17% year-over-year revenue increase to $1.69 billion for its fiscal second quarter.
Mortgage Rates Approach Six-Month Peak Ahead of Key Economic Data
U.S. mortgage rates have climbed close to their highest levels in half a year, with the 30-year fixed rate reaching 6.64%. The surge comes amid rising Treasury yields and a significant decline in mortgage applications.
Bitcoin Holds $66K Amid ETF Outflows, Eyes Jobs Data
Bitcoin steadied around $66,300 as significant ETF outflows and a major options expiry pressured prices, with all eyes on key U.S. economic data due this week.
Silver Eyes $70 as Geopolitics, Fed Outlook, and Jobs Data Collide
Silver prices are challenging the $70 per ounce level, influenced by safe-haven demand from Middle East tensions and evolving U.S. monetary policy expectations. The upcoming nonfarm payrolls report and remarks from Fed Chair Powell are critical near-term catalysts.
Gold's Rally Faces Crucial Test from Jobs Data, Oil, and Geopolitics
Gold prices rebounded sharply Friday but confront a challenging week ahead with key U.S. employment figures, elevated oil prices, and critical geopolitical negotiations threatening the rally.
Wall Street Braces for Volatile Week Amid Dow Correction, Key Data
The Dow Jones Industrial Average entered correction territory Friday, joining the Nasdaq, while the S&P 500 posted its fifth consecutive weekly decline. Markets face a data-heavy week ahead of a delayed payrolls report.
Eli Lilly Inks $2.75B AI Drug Deal, Posts Positive Trial Data
Eli Lilly has entered a licensing deal with Insilico Medicine potentially worth $2.75 billion and reported strong late-stage clinical results for its immunology and obesity drugs.
Microsoft Shares Slip Amid Data-Center Expansion, Analyst Target Cuts
Microsoft shares declined approximately 0.7% to around $370 Wednesday, underperforming a broader tech rally, following a major Texas data-center lease announcement and analyst target cuts from Melius and UBS.
Opendoor Stock Surges 6% Despite Bleak Housing Data and Quarterly Loss
Opendoor Technologies shares climbed almost 6% on Monday, outperforming housing peers amid a market rally, even as the company reported a massive quarterly loss and the housing sector remained sluggish.
Mortgage Rates Hover Near Multi-Year Highs as Housing Data Sours
Mortgage rates held near recent peaks on Monday, with the 30-year fixed rate at 6.49%. New home sales tumbled 17.6% in January to the lowest level since late 2022.
Mortgage Rates Surge Past 6.5% as Bond Yields Climb, Housing Data Weakens
U.S. mortgage rates jumped above 6.5% on Friday, reaching their highest level since early September. The surge follows a climb in the 10-year Treasury yield toward 4.37%, with market expectations for Federal Reserve rate cuts fading.
VIX Climbs on Energy Jitters and Inflation Data
Wall Street's fear gauge, the VIX, moved higher Wednesday amid rising oil prices and a hot wholesale inflation report. The crude oil volatility index surged to its highest level since 2020.
Hot PPI Data Rattles Markets Ahead of Fed Decision; Micron Earnings in Focus
U.S. stock futures declined Wednesday following a hotter-than-expected Producer Price Index report for February, casting doubt on the Federal Reserve's rate cut timeline. Investors are focused on the Fed's policy decision and updated projections, with Micron Technology's earnings due after the close.
TeraWulf Stock Pulls Back After Kentucky Data Center Loan, Construction Start
TeraWulf Inc. shares retreated Tuesday, giving back a portion of Monday's sharp gains after announcing financing and construction approval for a major Kentucky data center project, underscoring its strategic pivot toward AI and high-performance computing.
Mortgage Rates Dip Amid Treasury Retreat, Housing Data Mixed
U.S. mortgage rates retreated Monday, with the 30-year fixed average dropping to 6.36%. The move followed a decline in the 10-year Treasury yield, though housing demand signals remain uneven.
Wheat, Oil Surge on Export Data and Middle East Tensions
Agricultural commodities advanced Friday, led by wheat on robust export sales, while crude oil prices jumped due to Middle East supply concerns. Indian equities slumped to multi-month lows.
CleanSpark Rises on Bitcoin Surge as Texas Data Center Strategy Advances
CleanSpark's stock advanced alongside a bitcoin rally above $71,000, while the company continues to execute its strategic pivot toward data center infrastructure in Texas.
Pfizer Shares Dip as GSK RSV Vaccine Gains Ground, Eliquis Data Provides Support
Pfizer shares declined 1% to $26.60 Friday after GSK secured expanded FDA approval for its RSV vaccine, challenging Pfizer's market position. Encouraging clinical results for blood thinner Eliquis helped cushion the drop.
European Markets Retreat on Geopolitical Tensions and Economic Data
European equities declined on Friday, pressured by sustained high oil prices and geopolitical concerns. The STOXX 600 index fell 0.5%, heading for a second consecutive weekly loss.
Mortgage Rates Climb, Housing Stocks Retreat Amid Mixed Data
Mortgage rates increased this week, with the average 30-year fixed loan reaching 6.11%. Housing starts and permits declined in January, though mortgage applications rose. Major homebuilder and lender stocks traded lower.
Opendoor Shares Slide Amid Housing Data, Fed Outlook
Opendoor Technologies shares declined roughly 6% in Thursday trading, pressured by disappointing U.S. housing data and shifting expectations for Federal Reserve interest rate cuts. The online home-flipping company reported a substantial net loss for 2025.
Plug Power Retreats as Data Center Strategy Faces Investor Scrutiny
Plug Power shares declined slightly Thursday, giving back some of the prior session's gains, as the market assesses the company's new strategy to supply electricity to data centers and utilities.
Global Markets React to Geopolitical Tensions and Sector Data
Indian equities tumbled as oil surged past $100 amid Middle East tensions, while Singapore's SGX reported a six-year high in trading activity. Commodity markets saw soybean gains on strong export data.
Silver Plunges 4% as Inflation Data Bolsters Dollar, Rate Outlook
Silver prices tumbled over 4% Wednesday, erasing the prior day's gains, after a firmer U.S. dollar and persistent inflation data dimmed the appeal of non-yielding metals. The sell-off extended across the precious metals complex.
Dow Drops 418 Points as Oil Supply Fears Eclipse Tame CPI Data
The Dow Jones Industrial Average declined 418 points Wednesday as investor focus shifted from benign inflation data to escalating oil supply risks stemming from Middle East conflict. Oracle stock jumped sharply on an upbeat revenue forecast.
Opendoor Gains on Housing Data, Mortgage Beta Draws Investor Scrutiny
Opendoor Technologies shares advanced as its weekly home acquisition contracts rose 12%. The company's new 4.99% 30-year mortgage offer, currently in beta testing, is drawing investor attention amid broader housing market resilience.
Plug Power Gains on Data Center Power Supply Ambitions
Shares of Plug Power advanced as the company pursues contracts to supply up to 250 megawatts of power to data centers and utilities, part of a broader strategy to unlock capital and improve its financial position.