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Potential AI slowdown is not ‘end of the world’ for data center real estate, says Digital Realty CEO

CNBC — Real Estate cnbc.com

Summary

Digital Realty and Equinix, two of the largest data center REITs, saw their stocks slump after warnings over AI advancements.

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Homeowners are sitting on record equity – and not using it

U.S. homeowners have more housing wealth than ever before, thanks to fast-rising home prices over the last several years. But they aren't spending much of it.