Market source Earnings
GDS Holdings (GDS) Is Up 7.6% After Raising 2026 Guidance on AI-Driven Data Center Demand
GDS Holdings (GDS) saw its stock rise by 7.6% after reporting strong Q2 2026 results, including a significant profit swing and increased earnings per share. The company raised its full-year 2026 revenue guidance and capital expenditure plans, citing AI-driven demand and record data center bookings. This positive outlook is balanced against concerns about increased CapEx and leverage.