This Week with Gosar

Representative Paul Gosar

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Weekly Newsletter

May 10, 2026

mom

Happy Mother’s Day!

As we celebrate Mother’s Day, I want to take a moment to honor the incredible mothers, grandmothers, stepmothers and mother figures who strengthen our families, our communities and our nation every single day.

A mother’s love is one of God’s greatest gifts.  Mothers teach us right from wrong, encourage us through life’s challenges and sacrifice endlessly so their children can pursue brighter futures.  Their strength, patience and compassion help shape the values that make America strong.

I am especially grateful for the mothers across Arizona’s Ninth Congressional District who work tirelessly—often without recognition—to raise families, support their communities and pass down the principles of faith, hard work and personal responsibility to the next generation.

On this Mother’s Day, let us take time to thank the mothers in our lives for all they do and remind them how deeply they are loved and appreciated.

From my family to yours, I wish you a joyful and blessed Mother’s Day!

spirit

Democrats Grounded Spirit Airlines

Over the past week, I have received a significant amount of mail from constituents asking about the collapse of Spirit Airlines and the devastating impact it has had on workers, travelers and the airline industry. Given the concern, I wanted to take a moment to address what happened—and more importantly, who is responsible.

The facts are straightforward.  Spirit Airlines’ proposed merger with JetBluewas widely viewed as the company’s best opportunity to remain financially viable in an increasingly difficult economic climate. Rather than allow a private-sector solution to move forward, however, the Biden administration’s Department of Justice aggressively intervened to block the merger.  Congressional Democrats and liberal activists cheered the decision every step of the way. (Be sure to check out the Tweet of Week below.)

At the time, Democrats led by liberal Massachusetts Senator Elizabeth Warren proudly claimed that the Biden administration was “right to stand up for consumers and fight against runaway airline consolidation.  This is a Biden win for flyers.”

Nothing could be further from the truth.  The reality is that the Biden administration destroyed Spirit’s ability to survive.

The result was entirely predictable.  Spirit Airlines collapsed, thousands of workers were put at risk, and American consumers lost one of the nation’s largest low-cost carriers.  Families now face fewer affordable travel options because Democrats chose ideology over economic reality.

Even more outrageous, many of the same Democrats who celebrated blocking the merger are now scrambling to point fingers elsewhere and rewrite history. That may help protect their political talking points, but it does nothing for the employees who lost jobs or the Americans now paying higher prices to travel.

This was not an unavoidable market failure. It was government interference, plain and simple.

In contrast, President Trump understood the importance of preserving American jobs and affordable travel options and did everything within reason to keep the airline afloat short of forcing taxpayers to fund another massive bailout. Unfortunately, by the time the damage from the Biden administration’s economic policies and regulatory overreach had fully set in, the problems facing Spirit had become far too severe.

When politicians in Washington insert themselves into private business decisions to score political points, working Americans are the ones who suffer the consequences. Spirit Airlines is merely the latest example of what happens when radical regulators believe they know better than the marketplace.

I will continue fighting against heavy-handed government intervention and support policies that allow businesses to compete, innovate and succeed without unnecessary obstruction from bureaucrats and political activists.

Thank you again to everyone who took the time to write to me about this important issue.

Yuma

Gosar Bill Boosts Yuma Proving Ground

This week, I introduced legislation to strengthen the mission of the U.S. Army Yuma Proving Ground by authorizing the withdrawal of approximately 22,000 acres of federal land needed to safely conduct advanced military testing and training operations.

Yuma Proving Ground is one of the most important military installations in the country and plays a critical role in preparing our armed forces for modern battlefield threats. My bill ensures our troops have the space, safety buffers and operational flexibility necessary to continue mission-critical testing and training for decades to come.

Importantly, the legislation protects existing public land management, recreation, hunting access, wildlife conservation efforts and regional utility infrastructure while advancing America’s military readiness and national security interests.

Supporting our troops and strengthening our national defense should never be a partisan issue, and I am proud to lead this effort on behalf of Arizona and our nation.

Click here to learn more about this important legislation.

Tuition

No Free Tuition for Illegal Aliens

This week, I proudly cosponsored H.R. 2490, the No In-State Tuition for Illegal Immigrants Act, legislation ensuring taxpayer-funded colleges and universities stop giving illegal aliens benefits that are denied to American citizens from other states.

I have led this fight for years.  Faithful Gosar Newsletter readers will recall that back in the 116th Congress, I introduced H.R. 1190 to close loopholes that allowed illegal aliens to receive discounted in-state tuition while many American students were forced to pay significantly higher out-of-state rates.

American taxpayers should not be subsidizing special benefits for those who entered our country illegally—especially while hardworking American citizens are being priced out of higher education opportunities. Recent actions by the Department of Justice against states like Nebraska and New Jerseyconfirm what we have said all along: these policies violate both the spirit and intent of federal law.

Arizona once prohibited in-state tuition for illegal aliens. In 2006, voters approved a proposition barring those benefits.  However, in 2019, the Arizona Board of Regents adopted a policy granting reduced tuition rates to illegal aliens, and in 2022, voters passed Proposition 308, which guarantees in-state tuition for illegal aliens in Arizona.

If this legislation is passed by Congress and signed into law, federally funded schools such as ASU and the University of Arizona could be prohibited from using taxpayer dollars to subsidize tuition benefits for illegal aliens. Ultimately, taxpayer money should be used to benefit American citizens.

American students must come first. Period.

Kayleigh

Standing Up for Victims with Kayleigh’s Law

I recently proudly cosponsored Congressman Abe Hamadeh’s Kayleigh’s Law, legislation that would require federal courts to issue permanent no-contact orders against convicted violent felons and sex offenders when requested by victims or prosecutors.

Having passed at the state level in both Arizona and Wisconsin, this legislation, named after Kayleigh Kozak, a young woman from Arizona who was victimized as a child, prohibits all forms of direct or indirect contact with the victim for the rest of the guilty predator’s life.

No victim should be forced to repeatedly return to court and relive traumatic experiences simply to maintain basic protections from dangerous criminals. Kayleigh’s Law ensures these safeguards remain in place for life—even after an offender completes prison time, probation or supervised release.

This commonsense legislation puts victims first, strengthens accountability for violent predators and closes dangerous gaps in federal law. Survivors deserve lasting peace of mind, not endless legal battles with the people who harmed them.

passport

Reminder: Gosar Hosts Passport Fair in Goodyear – You’re invited!

Join us for a convenient, one-stop opportunity to apply for your U.S. passport right here in Goodyear. This Passport Acceptance Fair is designed to make the process simple and accessible for individuals and families.

Whether you’re applying for the first time or assisting a minor, this event will have the resources and guidance you need. Be sure to bring the required documents, including your completed application, proof of citizenship, valid ID, and passport photo.

Don’t miss this opportunity to take the next step in your travel plans—we look forward to seeing you there!  More information in the flyer above.

Tweet of the Week (This didn’t age well):

TOTW

Photo of the Week:

potw

📸 Leslie Johnson from Young, AZ sent in this photo of an unusual but incredible cloud formation.  Amazing picture, Leslie.  Thanks so much for sharing.

Do you want the chance for your photograph to be featured as our “Picture of the Week?”   If so, send your best shots along with a brief description to Anthony.foti@mail.house.gov.  Remember to include your name and where you live.  

headlines

Gosar in the News and Other Must-Read Stories:

📰 Times News: Arizona Representatives seeks to protect sex abuse victims

🗞 American Greatness: Fauci’s Lab Leak Henchmen Are Finally Facing Accountability

📰 Fox News: The inconvenient truth behind the left’s horrible Spirit Airlines debacle

🗞 Newsmax: 186K Dead People Collecting SNAP Benefits

📰 ABC 15: More than 30 missing and endangered kids located by U.S. Marshals in Phoenix operation

⚠ Warning!!  The Gosar Weekly Newsletter is meant for discerning readers with above-average intelligence.  We link to interesting stories.  We get stories a couple different ways: Google alerts, a third-party aggregator and sometimes readers send stuff.  We don’t vouch for every publication or every author.  If we link to a story, it is because of that story. The views expressed in any of the publications do not represent any promotion, endorsement or reflection of Congressman Gosar’s views.  While we try our best, we cannot guarantee every news organization spouting hatred, animosity or divisiveness will be filtered from appearing in the Gosar Weekly Newsletter.  We will endeavor to prevent that from happening by never linking to Fake News organizations including CNN, MSNBC, CNBC, Rolling Stone, the Arizona Republic, the Arizona Mirror, Media Matters or the New Republic. WEBSITE |  UNSUBSCRIBE |  CONTACT MEShare on Facebook | Share on TwitterWashington, DC Office
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Music’s 10 weirdest alter egos

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Motherhood, risk and the WNBA: What I learned reporting through pregnancy

Motherhood, risk and the WNBA: What I learned reporting through pregnancy USA TODAY Sports · Callie Fin How a frightening complication led a mom-to-be to the realization that opinions about her career did not matter as much as her life or her baby’s life. 

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Iran responds to U.S. ceasefire proposal as drones target Gulf nations

Iran responds to U.S. ceasefire proposal as drones target Gulf nations Associated Press · Jon Gambrell and Samy Magdy Iran seeks to end the war on all fronts while saying it’s on “full readiness” to protect its nuclear sites. 

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Poll: Americans disagree on what a 'stolen' election means

Poll: Americans disagree on what a ‘stolen’ election means POLITICO · Jessie Blaeser and Erin Doherty New results show Democrats are worried about voter suppression while Republicans are worried about voter fraud. 

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He's a U.S. citizen and combat veteran

He’s a U.S. citizen and combat veteran Reason.com · Autumn Billings ICE tear-gassed, jailed, and falsely accused him, a story that has played out thousands of times during the second Trump administration. 

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This is what happened when Trump abandoned the world's poorest children

This is what happened when Trump abandoned the world’s poorest children The New York Times · Nicholas Kristof Why the president’s most lethal policy will almost surely be his 71 percent cut in humanitarian aid from 2024 to 2025. 

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The new Wild West of AI kids' toys

The new Wild West of AI kids’ toys Ars Technica · Sophie Charara, Wired.com These connected companions could disrupt everything from make-believe to bedtime stories. No wonder some lawmakers want them banned. 

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TikTok creator's Spirit Airlines campaign racks up more than $335M in pledges

TikTok creator’s Spirit Airlines campaign racks up more than $335M in pledges FOX Business · Michael Sinkewicz Hunter Peterson’s video proposing the purchase has garnered more than 7 million views in about a week. 

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A complete taxonomy of MLB's ABS accidents

A complete taxonomy of MLB’s ABS accidents theringer.com · Ben Lindbergh The challenge system’s robot rulings may be nearly flawless, but in the human element, error abounds. 

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A century ago, an explorer and his pilot claimed to fly over the North Pole

A century ago, an explorer and his pilot claimed to fly over the North Pole Smithsonian Magazine · Alice George Here’s why experts doubt that historic achievement. 

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Music's 10 weirdest alter egos

Music’s 10 weirdest alter egos Rolling Stone · Rob Sheffield There’s a long tradition of artists going incognito — from huge rock stars to hip-hop wildcards. 

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Your Night Prayer

Learn More About Mary, Undoer of Knots

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Today’s Night Prayer is brought to you by LifeQuotes

A Night Prayer

Jesus Christ, my God, I adore You and thank You for all the graces You have given me this day. I offer You my sleep and all the moments of this night. I place myself and all my loved ones, wherever they may be, in Your sacred side and under the mantle of Our Blessed Mother. Let Your holy angels stand watch and keep us in peace. Amen.

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Quote of the Day

“He heals the brokenhearted, and binds up their wounds.” -Psalm 147:3 

How To Pray Always

Today’s Meditation

“The search for God present outside demands a certain effort of the imagination, which results in a greater struggle and subsequent fatigue. The return of God present within us presupposes a simple glance of faith. The divine indwelling in a soul in a state of grace is a reality that requires no composition of place, nor that, in order to reach it, I should set off on a sort of audacious and fantastic pilgrimage to the confines of space. I have only to enter into my interior, and God is there.” —Raoul Plus S.J., p.101

An excerpt from How To Pray Always

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Examination of Conscience

The daily examination of conscience is an ancient Catholic practice. It’s very simple, and it’s designed to help us identify our sins and weaknesses so that we can improve and grow stronger in the spiritual life, while providing an excellent ongoing preparation for regular Confession. It consists of taking a few minutes at the end of the day to prayerfully review our actions in the light of God’s commandments, followed by the Act of Contrition.

 Reflect on the victories and losses

Actively reflecting on the high and low points of the day can help you live more intentionally and bring a renewed sense of resolve into the following day.

  • Review your actions, words, and thoughts today. Did you actively guard yourself against temptation? Where did sin creep in?
  • In what moments did you practice virtue and moral courage?
  • Were you attuned to the Holy Spirit’s promptings today? Where did you feel His inspiration?
  • Ask Him for the graces necessary to follow His Will more purposefully tomorrow.

 Act of Contrition

O my God, I am heartily sorry for having offended Thee, and I detest all my sins because of Thy just punishments, but most of all because they offend Thee, my God, Who art all good and deserving of all my love. I firmly resolve with the help of Thy grace to sin no more and to avoid the near occasions of sin. Amen.

 Practice gratitude

It is God’s love that has brought you into existence and to this exact moment. Practice looking for His hand in your day. 

  • Where did you feel His loving gaze upon you today?
  • What people or moments helped you see God in your life?
  • Thank God for all these moments!
  • Ask Him to help you recognize His blessings and providence tomorrow.

 Renew your commitment to Christ

Remember: our Faith is founded upon a Person—Christ! Renew your personal love and devotion to Him.

  • Thank God for the gift of His Son Jesus and our call to be His disciples.
  • Tell the Lord of your desire to know Christ more personally.
  • If possible, set an intention for your day tomorrow. Ask Our Lord to guide you in this act.
  • Pray a Hail Mary, Our Father, or another beloved prayer.

Rest with God

In peace I will both lie down and sleep; for Thou alone, O Lord, makest me dwell in safety. — Psalm 4:8

Compline

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🦉 The Night Owl Newsletter for May 7th

UnsubscribeThe #1 stock to buy BEFORE the June S-1 filing (From Behind the Markets)

Is Backblaze the Next Momentum Monster?

Written by Jeffrey Neal Johnson

A hand holds a smartphone displaying the Backblaze logo against a green stock price chart background.

A staggering 64% single-day stock appreciation on more than 30 times the average trading volume is rarely a quiet event. For storage cloud platform Backblaze, Inc. (NASDAQ: BLZE), the explosive move following its first-quarter earnings report signals more than just a momentary triumph; it points to a fundamental re-rating by the market.

Institutional capital appears to be aggressively targeting Backblaze’s deep structural cost advantage and its pivotal role in the artificial intelligence (AI)infrastructure landscape. The company is fueled by a triad of catalysts: exponential data growth from multimodal AI, a revamped go-to-market (GTM) engine, and a clear line of sight to free cash flow positivity. Driven by these catalysts, Backblaze is methodically stripping market share from incumbent hyperscalers. For investors, understanding this dynamic is key to navigating Backblaze’s next phase.

Backblaze’s Strategic Neocloud Advantage

The primary driver behind this re-evaluation is Backblaze’s positioning as a critical infrastructure partner for the emerging Neocloud market. As severe supply chain constraints on GPUs and high-performance memory hamstring legacy hyperscalers, AI developers are increasingly turning to a decentralized ecosystem of specialized cloud providers for compute resources. This macro-headwind for giants like Amazon.com, Inc. (NASDAQ: AMZN) and Microsoft Corporation (NASDAQ: MSFT) has become a powerful tailwind for Backblaze.

AI workloads, particularly in the training phase of large language and diffusion models, generate massive, bursty data transfers. Developers require an open, low-cost data lake that can store petabytes of data and rapidly deploy it to any Neocloud platform with GPU capacity. Backblaze has become this mission-critical data layer.

Backblaze’s traction in this segment is accelerating. In Q1, the AI customer count surged 76% year-over-year (YOY), driven by two new generative AI contracts totaling $1.5 million in annual contract value. Management now estimates its total addressable market within the Neocloud data lake tier alone will reach $14 billion by 2030, a substantial runway for growth. Backblaze is actively building for this demand, replacing 100-gigabit network links with 400-gigabit connections to handle the elephant flows characteristic of AI model training.

From Consumer Backup to Enterprise Beast

Historically perceived as a consumer-focused backup service, Backblaze has undergone a significant GTM transformation to attack the enterprise and AI opportunity. A key move was the recent appointment of Anuj Kumar as Chief Revenue Officer. Kumar brings a wealth of experience scaling enterprise cloud infrastructure sales from his time at industry heavyweights such as NetApp, Inc. (NASDAQ: NTAP), VMware, and Red Hat.

This new leadership is institutionalizing a more disciplined and aggressive sales motion. Initiatives like the Flamethrower startup program and a new partnership with Andreessen Horowitz’s founder resource program are systematically embedding Backblaze within the venture-backed tech ecosystem. This proactive approach is designed to capture high-growth companies early in their lifecycle, a strategy already bearing fruit with a 72% YOY growth in customers generating over $50,000 in annual recurring revenue (ARR). The total company ARR now stands at $158.2 million, up 13% YOY, with the core B2 Cloud Storage segment’s ARR growing at a robust 28% clip.

How Backblaze’s Economics Are Disrupting the Cloud Giants

Backblaze’s foundational appeal is its disruptive unit economics. Following a pricing and packaging overhaul effective May 1, 2026, Backblaze’s B2 Cloud Storage is priced at a fraction of what its larger competitors charge. While hyperscalers can charge upwards of $20 per terabyte per month and levy significant data egress fees, Backblaze offers a simplified, more predictable model. This structure eliminates API transaction fees and provides generous free egress, a critical factor for AI companies that must constantly move large datasets between storage and compute environments without incurring punitive costs.

This competitive advantage is now translating into expanding operating leverage. Q1 results showcased this inflection.

  • Revenue: $38.7 million, beating consensus estimates and representing 12% YOY growth.
  • B2 Cloud Storage Revenue: Grew 24% YOY, becoming the clear engine of the business.
  • Adjusted EBITDA: Reached $10.1 million, for a 26% margin, a healthy expansion from the 18% margin reported in Q1 2025.
  • B2 Net Revenue Retention (NRR): A solid 110%, demonstrating strong expansion within its existing customer base.

Crucially, management provided clear guidance for a pivotal financial milestone. Despite pulling forward capital expenditures from 2027 into 2026 to meet surging demand, Backblaze projects it will achieve positive adjusted free cash flow in the second half of the year. This transition to self-funded growth significantly de-risks the investment narrative and signals a new phase of financial maturity.

Trading the Afterburn: Charting the Next Move for Backblaze

The 64% surge in Backblaze, Inc.’s stock price was not an anomaly but a market acknowledgment of a rapidly strengthening fundamental story. With powerful AI tailwinds, a maturing enterprise sales organization, and a clear trajectory toward sustained profitability, Backblaze appears well-positioned to continue its assault on the cloud storage market.

However, a single-day move of this magnitude introduces significant near-term volatility. Prudent investors might consider the technical landscape. Rather than chasing the initial explosive candle, a more disciplined approach may be to watch for the stock to consolidate its gains, potentially forming a multi-day or multi-week flag pattern. Such a consolidation would allow the market to digest the new information and could provide a more structured entry point for those looking to capitalize on Backblaze’s long-term growth thesis. READ THIS STORY ONLINE

Ticker Revealed: Pre-IPO Access to “Next Elon Musk” Company (Ad)

Ticker Revealed: Pre-IPO Access to 'Next Elon Musk' Company

We’ve found The Next Elon Musk… and what we believe to be the next Tesla. 

It’s already racked up $26 billion in government contracts.

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The AI Fear Around Datadog Stock May Have Been Completely Wrong

Written by Thomas Hughes

The Datadog logo, featuring a white dog and stock chart icon on a purple background, displayed on a desk.

Datadog (NASDAQ: DDOG) is a great example of why investing based on emotion, contrary to fundamentals, is such a bad idea. Fear of a Software-as-a-Service (SaaS) AI disruptionhelped to drive Datadog stock to long-term lows, despite its bullish fundamentals. Now, Datadog is not only still outperforming, but the SaaS fears seem to have been completely misplaced. AI isn’t disrupting business for this and other software-specific companies; it’s accelerating it, and the runway for growth remains robust. Agentic AI is now the name of the game, and it is in its earliest phases of adoption.

Datadog Is Barking Up the Right Tree in Q1

Datadog’s Q1 2026 earnings resultsprove that it has been barking up the right tree. The company’s revenue growth accelerated to over 32%, outpacing the consensus estimate by more than 500 basis points (bps), producing the first-ever billion-dollar quarter. 

Growth was driven by new clients, with large contributors increasing by 21% and compounded by service penetration. New products are also a driver, including AI and datacenter-specific tools aimed at easing deployments, management, and security outcomes.

Margin was another area of strength. The revenue surge and operational quality produced significant margin improvement, with net income more than doubling on a GAAP basis, and adjusted operating income growing by 34%. 

More importantly, adjusted income outpaced the consensus by more than 1,750 bps, and earnings strength is expected to continue in the upcoming quarters.

DDOG stock shot up by 30% in premarket trading following earnings, largely due to management’s forward guidance. Business momentum led management to increase guidance for Q2 and the year, indicating strengths will persist. 

Agentic AI is expected to accelerate over the coming quarters, as data center capacity improves, models are trained, and inference gains traction. In this scenario, Datadog’s growth may accelerate over the coming years, setting the stage for a sustained bullish revision cycle across revenue, earnings, and price targets. As it stands, DDOG trades at less than 15X its 10-year earnings forecast, suggesting a 50% upside is possible, relative to its critical resistance, the all-time high set in 2021.

DDOG rockets higher on improving outlook.

Analysts Respond With Cautious Optimism

Analysts were cautious with their response but are optimistic about Datadog’s future. They cited the strong revenue growth and guidance, along with the latest FedRAMP certification, which promises to drive growth in both public and private business. The FedRAMP High authorization is among the highest designations for government cloud providers, enabling the security of sensitive but not classified documents. The move affirms Datadog’s utility, opening the door to a wider range of government business, while providing visible reassurance to commercial business and investors.

As it stands, the consensus price target suggests DDOG is fairly valued near the high-end of its trading range, but recent analyst revisions are more bullish. They put DDOG above the $200 market and at a fresh all-time high. 

This is significant as a move to fresh all-time highs would break DDOG stock out of a trading range and brings aggressive targets into play. In this scenario, DDOG could experience a dynamic shift in which price headwinds become tailwinds, amplifying upside potential. The base case would be a move equal to the trading range, setting the long-term target at approximately $220, potentially reached within 12 to 18 months of the fresh high.

Institutions are a risk. The group owns a substantial 80% of the shares and has been distributing on a trailing 12-month basis. They run a high $2.5-to-$1 balance and will likely sell into the rally, given the rapid 30% stock price increase and the potential to take profits. Early price action reflects resistance at the critical level and an uncertain market, so how much institutions sell is critical. Assuming the guidance update is sufficient to invigorate a more bullish posture, DDOG should move to fresh highs quickly; if not, investors should prepare for a price correction, potentially closing the gap that formed upon the release, before any fresh high is reached.

Datadog Balance Sheet Is a Reason to Own This Stock

Datadog’s balance sheet reflects the business quality and strength, with cash and assets rising, outpacing the increase in liabilities, and equity following suit. The critical takeaways include $4.8 billion in cash and marketable assets, low total leverage, with equity nearly doubling total liabilities, and a net cash position. The company is in a fortress-like position, capable of executing strategy and on track to initiate capital returns within the next few years. The biggest risk for DDOG stock is persistently high near-term valuations, but the company continues to prove its worth. READ THIS STORY ONLINE

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3 REITs to Watch as AI Data Center Spending Surpasses Office Construction

Written by Jessica Mitacek

Professionals review data near a composite illustration of a rising arrow chart overlaid on a data center facility at dusk.

The proliferation of artificial intelligence (AI) has resulted in abundant market opportunities.

From NVIDIA (NASDAQ: NVDA) to Micron Technology (NASDAQ: MU)AI stocks have shown their ability to not just outperform the market, but to do so by leaps and bounds.

While pure-play AI stocks’ performances and record Magnificent Seven CapEx allocations have provided a glimpse into this megatrend, one remarkable feat demonstrates just how impactful AI growth has become.

The AI-driven acceleration of data center construction has resulted in spending that now surpasses the total spending on office building construction. This presents a unique opportunity tailored for income investors who are looking for yield and AI growth exposure—something that each of the following three real estate investment trusts(REITs) provides.

Data Center Spending Surges as Office Construction Lags

Alongside AI and cloud computing demand, data center construction reached a record annualized rate of $45 billion in December 2025. For the first time ever, that figure exceeded private office construction, which fell to $44 billion.

While that landmark accomplishment was years in the making, demand for data centers is unlikely to abate. Industry consultancy firm Grand View Research forecasts the global data center market—estimated at $383.82 billion in 2025—to reach $902.19 billion by 2033, implying a compound annual growth rate (CAGR) of 11.3% from 2026 to 2033.

The North America data center segment alone, which accounts for more than 38% of the global total addressable market, is projected to grow at a CAGR of 10.5% during the forecast period. By comparison, the office building construction market is expected to undergo a CAGR of 8.5% through 2033, suggesting that this disparity is just getting started.

A Mountain of Potential From a Legacy Data Manager

Founded in 1951, Iron Mountain (NYSE: IRM) converted to a REIT in 2014.

As it expanded from legacy records management company to colocation data center operator, the 75-year-old company has amassed 240,000 customers spanning 61 countries, including 95% of Fortune 1000 members.

The REIT continues to help organizations unlock value through services, including information management, digital transformation, information security, and data center/asset lifecycle management needs.

While REITs are known for generating yield, Iron Mountain is the quintessential example of how a data center REIT can simultaneously offer strong dividends and growth. Over the past month, shares have gained nearly 28%, contributing to a year-to-date (YTD) gain of more than 60%.

Meanwhile, the trust’s dividend currently yields 2.67%, or $3.46 per share annually, with an annualized five-year growth rate of 5.45%.

Big Tech’s Big Data Center Partner

Digital Realty Trust (NYSE: DLR) is a REIT that owns, acquires, and operates carrier-neutral data centers and provides colocation and interconnection services.

Its focus is on large-scale, mission-critical facilities that support the physical infrastructure needs of cloud providers, enterprises, network operators, and content companies.

That has resulted in partnerships with exceptionally large tech companies, including NVIDIA, Oracle (NYSE: ORCL)Dell Technologies (NYSE: DELL), and Advanced Micro Devices (NASDAQ: AMD), as Digital Realty has become synonymous with wholesale data center space, turnkey facilities, and retail colocation suites.

The REIT hosts NVIDIA’s AI Factory Research Center in Northern Virginia and has partnered with Advanced Micro Devices on the Digital Realty Data Center Innovation Lab—a so-called AI sandbox, “hands-on facility where partners, enterprises, and customers can test and prove AI deployments in a real colocation environment,” according to the company.

Shares of DLR have seen a YTD gain of more than 29%, and its dividend currently yields 2.5%, or $4.88 per share annually.

The World’s Largest Data Center REIT

With a market cap of nearly $108 billion, Equinix (NASDAQ: EQIX) is the world’s largest data center REIT.

After converting to a trust on Jan. 1, 2015, it provides digital infrastructure and interconnection services, while specializing in carrier-neutral data centers and colocation.

Like Digital Realty, Equinix operates a platform that enables enterprises, cloud and network service providers, and content companies to colocate IT infrastructure, interconnect directly with partners and providers, and access cloud on-ramps and network services in a secure, low-latency environment.

Today, the REIT boasts more than 280 data center locations on six continents. Its data center operations serve customers that range from large multinational enterprises to cloud providers and telecommunications operators. Equinix emphasizes interconnection density and ecosystem partnerships as differentiators in enabling digital transformation and low-latency connectivity.

Shares of EQIX are up more than 43% this year, and the REIT’s dividend currently yields 1.92%, or $20.64 per share annually. That yield may be lower than the other two REITs on this list, but Equinix has increased its distribution for 10 years consecutively, while its annualized five-year growth rate of 12.01% surpasses both Iron Mountain and Digital Realty. READ THIS STORY ONLINE

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These 5 Dividend Stocks Could Pay You for Years

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Get Top Stocks NowBy clicking the link above you will automatically opt-in to receive emails from MarketHundred and agree to Privacy PolicyUnited flight landing in Newark strikes light pole on New Jersey Turnpike, FAA says

NEWARK, N.J. (AP) — Federal authorities are investigating after a United Airlines passenger jet landing Sunday at Newark Liberty International Airport struck a light pole on the adjacent New Jersey Turnpike.  More Info ➔Wall Street Issues Dire Warning to Clients – Ad

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BAGHDAD (AP) — U.S. President Donald Trump called Iraq’s Thursday and extended an invitation for him to visit Washington once he has successfully formed a government, the Iraqi prime minister’s office said in a statement. More Info ➔Pete Hegseth Tightens Pentagon Grip As Political Appointees Take Control: Report

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Unlock the Top 3 Stocks.By clicking the link above you will automatically opt-in to receive emails from MarketHundred and agree to Privacy PolicyCramer Highlights Nike, Amazon, Nvidia Stock To Investors: ‘Why Would You Sell It?’

Jim Cramer shared thoughts on dozens of stocks for members of the CNBC Investing Club. Here’s his opinion about 3 of the top picks. More Info ➔Top 3 Defensive Stocks That May Explode This Month

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WASHINGTON (AP) — The Trump administration announced two more payouts Monday for energy companies to walk away from U.S. offshore wind projects under development. More Info ➔Marjorie Taylor Greene Questions Why White House Dinner Shooter’s Manifesto Was Released So Quickly, Trump Calls Suspect ‘Pretty Sick’

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Netflix, Pulte, and Mobileye Are Buying Their Own Dips—Should You?

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Netflix, Pulte, and Mobileye Are Buying Their Own Dips—Should You?

Written by Leo Miller on May 4, 2026 

Netflix logo displayed on a flat-screen TV alongside an upward-trending stock price chart overlay.

Key Points

  • Netflix is down more than 30% from its highs, and is likely looking to take advantage of this through its new $25 billion buyback plan.
  • Pulte Group stepped up its buyback spending last quarter and has increased its repurchase firepower.
  • Autonomous driving stock Mobileye has taken a huge hit and just announced a $250 million buyback plan.
  • Special ReportThe real SpaceX trade isn’t SpaceX (From Behind the Markets)

Struggling stocks are signaling confidence ahead, recently announcing substantial share buyback authorizations. These names are looking to buy shares at what they likely view as depressed prices, providing positive signals to investors going forward.

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Netflix’s Buyback Capacity Hits 8% of Market Capitalization

First up is streaming giant Netflix (NASDAQ: NFLX). Netflix shares have seen considerable volatility over the recent past. The stock took big hits after Netflix announced its intention to acquire Warner Bros. Discovery (NASDAQ: WBD). After the deal fell through, Netflix shares managed to rebound above pre-merger announcement levels. However, the stock tanked again after Netflix released its latest earnings report, with the company providing underwhelming guidance.

Now, it looks as though Netflix is trying to pick up some of the slack in its stock price. Around a week after reporting earnings, Netflix authorized a $25 billion share repurchase plan. This adds to the company’s $6.8 billion in remaining buyback capacity held under its December 2024 repurchase authorization. In total, Netflix’s buyback capacity now sits near $31.8 billion. This is very substantial, equal to around 8% of the firm’s approximately $390 billion market capitalization.

Notably, Netflix did not provide a specific reason for its buyback capacity increase, and the program does not have an expiration date. However, given the size of the program, it is likely that Netflix sees value in its falling share price. Currently, Netflix is down just over 30% from its 52-week high.

Pulte Signals High Buyback Spending to Continue

PulteGroup (NYSE: PHM) is another large consumer discretionary name, being one of the top homebuilders in the United States. Pulte shares have been largely stagnant in 2026, providing a slight year-to-date (YTD) loss.

Homebuilders have been in a difficult position, with sales and earnings falling considerably. Still, Pulte avoided a sell-off following its latest report, rising 2.4% afterward.

This came despite sales falling 12% year-over-year (YOY) and adjusted earnings per share falling 30% YOY, showing that the market has priced in very low expectations.

Alongside its earnings, Pulte announced a $1.5 billion increase to its buyback authorization, bringing its total buyback capacity to $2.1 billion.

This is equal to over 9% of the firm’s approximately $23 billion market capitalization, giving it a significant ability to continue lowering its outstanding share count.

Since 2013, Pulte has spent billions on buybacks and cut its outstanding share count in half. The firm’s buyback spending last quarter was $345 million. This was a notable 15% increase over the prior quarter and good for Pulte’s second-highest quarterly buyback spending ever.

The company’s new authorization indicates that its buybacks could continue at this strong pace over the coming quarters.

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Mobileye Announces $250 Million Buyback With Shares Down Big

Last up is Mobileye Global (NASDAQ: MBLY). The company provides advanced driver assistance systems (ADAS) and autonomous driving technologies. As an automobile components company, Mobileye sits within the broader consumer discretionary sector. Mobileye shares have faced serious pressure lately, down over 15% in 2026 and more than 40% in the last 12 months.

Mobileye has seen very inconsistent sales growth over this period. The firm has recorded YOY sales shifts as high as 83% and as low as -9% during the past five quarters. This has contributed to significant margin volatility, with adjusted operating margins fluctuating between 21% and 9%.

However, Mobileye’s expected eight-year automotive revenue pipeline ended 2025 at $24.5 billion. This compares to its last 12 months’ revenue of $2.01 billion, signaling a significant opportunity ahead.

Mobileye has also announced a $250 million share buyback program, which is equal to over 3% of its approximately $7.4 billion market capitalization. The firm intends to use the authorization to partially reduce dilution from its recent acquisition of Mentee Robotics.

However, the company also said it sees “an opportunity” to address this dilution at “significantly more attractive prices than those embedded at closing.” Overall, the company likely sees a level of value in its share price, even though the buyback decision relates directly to the Mentee deal.

Analysts Eye Gains Ahead for Netflix, Pulte, and Mobileye

While buyback authorizations do not necessarily mean these names are due for a rebound, they are important indicators worth paying attention to. Looking ahead, MarketBeat consensus price targets imply over 20% upside in NFLX, over 20% upside in PHM, and over 60% upside in MBLY.

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