INVESTMENT THEME
Data Centers & Cloud: Filings, Earnings Calls and Research Evidence
A cross-company evidence stream for the data centers & cloud theme, organized from public filings, management discussions and institutional research.
Foreign research
20 August 2026 U.S. Multi Industry & Electrical Equipment US Industrials: 30 exhibits on the state of cooling and electrical equip. procurement in North American Data Centers Varun Govindaraj Chad Dillard Alasdair Leslie Sunaina Ocalan .+1 917 344 8503 …
Alibaba Group Holding: Cloud Growth to Further Accelerate; Momentum on MaaS & T-Head2026-08-20 · CitiUS Diversified Utilities: Texas Hearing: More Data Center Guardrails, 765kV Build to Continue2026-08-20 · CitiFlash | 20 Aug 2026 08:55:50 ET │ 9 pages US Diversified Utilities Texas Hearing: More Data Center Guardrails, 765kV Build to Continue CITI'S TAKE We listened to yesterday’s 12-hour Texas House State Affairs hearing on …
1QFY27: Cloud & CMR In-line; Capex Hike as Expected2026-08-20 · Morgan StanleyAPA Group (APA.AX): High yield utility, with Beetaloo and data center power upside. Buy2026-08-20 · CitiVGP 1H26: Progressing with JVs and DCs2026-08-20 · BernsteinIndustrial Distributors Q2:26 Earnings Recap: Industrial trends improve, data centers accelerate, residential lags2026-08-20 · BernsteinData Centers Debated - Reiterate EQIX Top Pick2026-08-20 · Morgan StanleyRohm: Jun-Q Results: Strong Industrial and Server Sales, but Margin Improvement Slightly Delayed2026-08-05 · Morgan StanleyM Update August 5, 2026 11:47 AM GMT Morgan Stanley MUFG Securities Co., Ltd.+ Rohm (6963) | Japan Kazuo Yoshikawa, CFA Equity Analyst Jun-Q Results: Strong Industrial and Server Sales, but Margin Improvement Slightly Delayed Hidetaka Suzuki …
Minebea Mitsumi: F3/27 1Q Results: In Line with Nikkei Preview2026-08-05 · Morgan StanleyM Update August 5, 2026 12:27 PM GMT Morgan Stanley MUFG Securities Co., Ltd.+ Minebea Mitsumi (6479) | Japan Shoji Sato Equity Analyst F3/27 1Q Results: In Line with Nikkei Preview Sota Harashima Equity Analyst AlphaSignals Earnings Reaction Unchanged …
SK Telecom Co Ltd: 2Q26 in-line; signals further commitment to AIDC2026-08-05 · Morgan StanleyM Update August 5, 2026 09:16 AM GMT Morgan Stanley & Co. International plc, Seoul Branch+ SK Telecom Co Ltd | Asia Pacific Seyon Park Equity Analyst 2Q26 in-line; signals further commitment to AIDC Sohyun Park Equity Analyst AlphaSignals Earnings Reaction …
Blackstone Digital Infrastructure Trust: Patience2026-08-05 · Morgan StanleyM Update August 5, 2026 06:53 AM GMT Blackstone Digital Infrastructure Trust | North America Morgan Stanley & Co. LLC Cameron McVeigh, CFA Equity Analyst Patience Ronald Kamdem, CFA Equity Analyst Garo K Amerkanian Research Associate …
Wolters Kluwer: 1H26 - Margin strength ahead of 2H investments2026-08-05 · Morgan StanleyM Update August 5, 2026 06:42 AM GMT Morgan Stanley & Co. International plc+ Wolters Kluwer | Europe George W Webb Equity Analyst 1H26 - Margin strength ahead of 2H investments William Richards Research Associate Mark Hyatt Equity Analyst …
Advanced Micro Devices: AMD - 2H a little better, 2027 significantly better2026-08-05 · Morgan StanleyM Update August 5, 2026 05:22 AM GMT Morgan Stanley & Co. LLC Advanced Micro Devices | North America Joseph Moore Equity Analyst AMD - 2H a little better, 2027 significantly better Mason Wayne Research Associate Shane Brett Equity Analyst What’s Changed …
SpaceX: Strong Beat/Outlook vs. Higher Capex: Reiterate $300 PT2026-08-05 · Morgan StanleyM Update August 5, 2026 05:04 AM GMT Morgan Stanley & Co. LLC SpaceX | North America Adam Jonas, CFA Equity Analyst Strong Beat/Outlook vs. Higher Capex: Reiterate $300 PT William Tackett, CFA Research Associate Sean Diffley, CFA Equity Analyst …
NRG Energy Inc: Earnings Takeaways2026-08-05 · Morgan StanleyM Update August 5, 2026 04:01 AM GMT Morgan Stanley & Co. LLC NRG Energy Inc | North America David Arcaro, CFA Equity Analyst Earnings Takeaways Alexandre Zimmermann Research Associate Zhizhong Dong AlphaSignals Earnings Reaction Research Associate Unchanged …
Wartsila Oyj Abp: More capacity, more problems. Stay Underweight.2026-08-05 · Morgan StanleyM Idea August 5, 2026 04:00 AM GMT Wartsila Oyj Abp | Europe Morgan Stanley & Co. International plc+ Max R Yates Equity Analyst More capacity, more problems. Stay Underweight. We stay UW on Wartsila. Engine competitor CAT plans to add …
Primary-source evidence
Digital Realty reported strong Q2 2026 results with revenue growth driven by data center demand. The company completed acquisitions including Astra Enterprise Park and raised capital via ATM program.…
8-K2026-07-31 · SEC EDGAR · 8-KAmgen identified unauthorized activity in July 2026 involving data stored in third-party cloud environments. Some data, including proprietary data and patient protected health information, was exfiltrated.…
10-K2026-07-29 · SEC EDGAR · 10-KMicrosoft's FY2026 revenue reached $331.8B, up 18% YoY; net income $133.7B, up 31%; diluted EPS $17.95, up 32%. Intelligent Cloud grew 30% with Azure up 41%. Continued heavy AI infrastructure investment slightly pressured gross margin.…
10-K2026-06-22 · SEC EDGAR · 10-KOracle's FY2026 revenue grew, with cloud and software up 19%, but margins declined due to infrastructure spending. The company issued $129.5B debt and $5B mandatory convertible preferred stock, with capital expenditures of $55.7B.…
10-Q2026-06-02 · SEC EDGAR · 10-QHPE reported Q2 FY2026 revenue of $10.7 billion, up 40% YoY, with net income of $624 million versus a loss of $1,050 million last year. The Juniper Networks acquisition drove strong Networking segment growth.…
FORM 10-Q2026-05-28 · SEC EDGAR · 10-QMarvell reported Q1 FY2027 net revenue of $2.42B, up 28% YoY, driven by strong AI-related data center demand. Net income was $34.5M, down from $177.9M, due to acquisition costs and contingent consideration fair value changes.…
20-F2026-05-20 · SEC EDGAR · 20-FAlibaba Group filed its FY2026 20-F annual report, disclosing financials as of March 31, 2026. Total assets reached RMB1.91 trillion, with cash and equivalents of RMB131.5 billion.…
Questions this evidence can help answer
- Which companies have the strongest direct exposure to data centers & cloud?
- What changed in the newest primary-source disclosures?
- Which claims are supported across more than one source type?