This Dover Analyst Turns Bulish; Here Are Top 5 Upgrades For Friday

Shares of steelmakers are trading higher as U.S. steel prices reach a four-year high due to import tariffs. Also, reports suggesting that U.S. Commerce Secretary Lutnick is refusing to give concessions to Mexican steel imports may also be bolstering expectations that protectionism will aid pricing power and margin expansion.

'US Steel Prices Climb to Four-Year High as Trump’s Tariffs Bite' - Bloomberg

https://www.bloomberg.com/news/articles/2026-10-16/us-steel-prices-climb-to-four-year-high-as-trump-s-tariffs-bite

'Canada’s Industry Minister Said The Government Has The Power To Force Cleveland-Cliffs To Sell Its Assets The Country, Escalating A Dispute Over Job Cuts At The Company’s Steel Operations In Ontario' - Bloomberg News

https://www.bloomberg.com/news/articles/2026-10-14/canada-threatens-to-force-cleveland-cliffs-clf-to-sell-assets-over-layoffs

Shares of copper-related companies are trading lower amid a decline in copper prices and a stronger U.S. dollar following hotter-than-expected inflation data.

APAC Sustainable Data Center Market Size & Share - Industry Outlook and Forecast 2026-2031 | AI and Renewable Energy Investments Propel Market to USD 57.18 Billion

The APAC sustainable data center market is projected to grow from USD 16.74 billion in 2025 to USD 57.18 billion by 2031 at a CAGR of 22.72%, driven by AI infrastructure and renewable energy investments. Major operators are deploying advanced cooling technologies, long-term power purchase agreements, and on-site renewables to support high-density workloads while addressing grid constraints and sustainability targets. However, challenges include coal-dependent energy grids and water scarcity across the region.

Indonesia Data Center Colocation Market - Supply and Demand Analysis 2026-2031 | AI and Hyperscale Demand Fuels 14.36% CAGR and Nationwide Expansion

Indonesia's data center colocation market is projected to grow at 14.36% CAGR through 2031, driven by AI adoption, hyperscale cloud expansion, and enterprise digital transformation. The market is expanding beyond Jakarta to secondary cities like Bekasi, Karawang, Batam, and Surabaya, with operators investing in liquid cooling infrastructure and higher-capacity systems. Utilized data center area is forecast to reach 8.01 million square feet by 2031, while rack capacity is expected to hit 198,000 units. Power availability remains a key constraint, though PLN is expanding grid infrastructure to support large-scale projects.