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Newmark Group Inc. experienced a significant stock rally, gaining about 8.7% as investors responded positively to its prospects in artificial intelligence data centers and electric-power development. The company reported a strong performance, with an adjusted profit estimate for 2026 surpassing analyst expectations. This optimism is bolstered by a resurgence in office leasing revenue, indicating a recovery in the commercial real estate sector.
Newmark's Chief Executive highlighted the productivity benefits of returning to the office, which has contributed to double-digit growth in office-leasing revenue. The company is also poised to capitalize on the reshoring of industries and the government's infrastructure investments, particularly in AI-related sectors. With adjusted earnings expectations exceeding analyst estimates, Newmark is well-positioned to capture market share in the evolving landscape of AI and power projects.
• Newmark Group's stock surged due to AI data-center prospects.
• Office leasing revenue growth indicates a positive trend for Newmark.
Artificial intelligence refers to the simulation of human intelligence in machines, which is relevant as Newmark discusses its prospects in AI data centers.
Data centers are facilities used to house computer systems and associated components, which Newmark is focusing on for future growth.
Electric-power development involves creating infrastructure for energy production, which Newmark aims to support through land provision and financing.
Newmark Group is a commercial real estate services company focusing on AI data centers and electric-power projects.
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