Soluna Holdings Says ERCOT Conditionally Classified 100 MW Project Dorothy Campus As Base Load In Batch Zero, Bringing Texas Total To 266 MW; Submits Interconnection Request For Additional 50 MW

Shares of software companies are trading higher amid sympathy with Snowflake after the company reported better-than-expected Q2 financial results, boosting sentiment across the sector. Falling Treasury yields and Fed's Waller's comments that he is inclined to support holding interest rates steady may also be supporting growth stocks by easing concerns about tighter monetary policy and improving risk appetite.

United States Data Center Colocation Market Outlook & Forecast 2026-2031 | Renewable Energy Gains Ground Across U.S. Colocation Facilities

The U.S. data center colocation market is projected to grow from $43.71 billion in 2025 to $85.18 billion by 2031 at an 11.76% CAGR, driven by AI adoption, cloud computing, hyperscale expansion, and renewable energy initiatives. The Southeastern U.S. leads investment with over $15 billion in 2025, followed by the Southwest. Major operators are deploying liquid-cooling technologies and high-density infrastructure to support GPU-intensive AI workloads.

Shares of crypto-linked stocks are trading higher as investors rotate into digital currencies as U.S. government spending concerns prompt debasement trade.