Why Shankar Sharma calls data centre stocks a bubble and enthusiasm around them a "hope trade"
Data centre stocks surged over 12%, but Shankar Sharma warned the rally is a ‘hope trade. He likened the business to telecom towers, citing heavy capex, weak economics, low ROI, and high customer bargaining power.
Data centre stocks surged over 12%, but Shankar Sharma warned the rally is a ‘hope trade. He likened the business to telecom towers, citing heavy capex, weak economics, low ROI, and high customer bargaining power.
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