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Hut 8 secured a $7 billion, 15-year lease for an AI data center, while Coursera is acquiring Udemy in a $2.5 billion all-stock deal.
Udemy (UDMY) stock rose 12.66% on December 17, leading a mixed consumer sector where the broader Consumer Staples Select Sector SPDR Fund (XLP) gained only 0.47%.
Oracle shares fell 6% after a report that its $10 billion Michigan data center plan lost key financial backing, contrasting with Texas Pacific Land, which jumped 8% on a new data center deal.
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