GDS Holdings: From AI Darling To Cash-Burning Nomad

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Charday Penn GDS Holdings Limited ( NASDAQ: GDS ) reported Q3 2024 revenue and EPS which were largely in line with consensus. However, the concerns about the growing margin pressure, skepticism around the timing of AI impact, and elevated capex on international growth Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions.

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