Company Overview - Digital Realty Trust, Inc. (DLR) is a global real estate investment trust (REIT) focused on owning, developing, and operating data centers, providing colocation and interconnection services for cloud providers, enterprises, and tech companies [1] - The company operates over 300 facilities across more than 50 metropolitan areas worldwide, supporting the infrastructure needed for cloud computing, AI, 5G, and data-intensive services [1] - DLR has a market capitalization of $53.7 billion, classifying it as a large-cap stock and highlighting its size and influence in the REIT-specialty industry [1] Financial Performance - In Q3, DLR reported total operating revenue of $1.6 billion, reflecting a year-over-year growth of 10.2%, which exceeded estimates by 3.9% [4] - Core Funds From Operations (FFO) increased by 13.2% to $1.89, surpassing analysts' expectations of $1.78 [4] - The company raised its fiscal 2025 core FFO per-share guidance to a range of $7.32 to $7.38, indicating positive future performance [4] Stock Performance - DLR's shares have declined 19.4% from its 52-week high of $194.22, reached on November 29, 2024 [2] - Over the past three months, DLR shares have decreased by 4%, underperforming the Nasdaq Composite, which rose by 10% during the same period [2] - In the last 52 weeks, DLR has dropped 18.6%, while the Nasdaq Composite has increased by 20.7% [3] - Year-to-date, DLR shares are down 17.8%, compared to a 21.3% surge in the Nasdaq Composite [3] - DLR has been trading below its 50-day and 200-day moving averages since the end of October, confirming a bearish trend [3] Competitive Position - DLR has outperformed its rival, Equinix, Inc. (EQIX), which has seen a decline of 24.6% over the past 52 weeks and 22.9% year-to-date [5]