Geopolitics Alpha

The data-center backlash is so fierce that Republican candidates are willing to cross Trump

Published . Updated .

President Trump has been a vocal supporter of data centers, but GOP candidates in tight midterm races are increasingly taking a different tack.

Directly affected

  • No company is named in this report.

Indirectly affected

  • DJT TRUMP MEDIA & TECHNOLOGY GROUP COM

    GA selected DJT as a RELATED security because its canonical security name directly matches this event's themes: technology, trump. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • DJTWW TRUMP MEDIA & TECHNOLOGY GRO

    GA selected DJTWW as a RELATED security because its canonical security name directly matches this event's themes: technology, trump. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • ABAT AMERICAN BATTERY TECHNOLOGY

    GA selected ABAT as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • ACM AECOM TECHNOLOGY CORP

    GA selected ACM as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • AOSL ALPHA & OMEGA SEMICONDUCTOR LT SHS

    GA selected AOSL as a RELATED security because its canonical security name directly matches this event's themes: semiconductor. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • AQN Algonquin Power & Utilities Corp

    GA selected AQN as a RELATED security because its canonical security name directly matches this event's themes: power. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
DJT———————
DJTWW———————
ABAT———————
ACM———————
AOSL———————
AQN———————

President Trump has been a vocal supporter of data centers, but GOP candidates in tight midterm races are increasingly taking a different tack.

Source: MarketWatch

Trump Media & Technology Group (DJT) since this story, compared with the market

Since the first closing price after “The data-center backlash is so fierce that Republican candidates are willing to cross Trump,” Trump Media & Technology Group (DJT) is -25.72%. The S&P 500 fund (SPY) is +0.52% over the same days, a -26.24% difference versus the market.

DJT
SPY

Disclosure records for Trump Media & Technology Group (DJT) within two months of 16 Sep 2026

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Trump Media & Technology Group (DJT)

Companies carried with this story

  • DJT Trump Media & Technology Group

    Trump Media & Technology Group (DJT) is linked, with no stored direction, medium confidence in the 16 Sep 2026 story “The data-center backlash is so fierce that Republican candidates are willing to cross Trump.” Reason on file: GA selected DJT as a RELATED security because its canonical security name directly matches this event's themes: technology, trump. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • DJTWW Trump Media & Technology Group

    In “The data-center backlash is so fierce that Republican candidates are willing to cross Trump,” Trump Media & Technology Group (DJTWW) is linked, with no stored direction, medium confidence. Reason on file: GA selected DJTWW as a RELATED security because its canonical security name directly matches this event's themes: technology, trump. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • ABAT American Battery Technology

    American Battery Technology (ABAT) is linked, with no stored direction, medium confidence in the 16 Sep 2026 story “The data-center backlash is so fierce that Republican candidates are willing to cross Trump.” Reason on file: GA selected ABAT as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • ACM Aecom

    Aecom (ACM) is linked, with no stored direction, medium confidence in the 16 Sep 2026 story “The data-center backlash is so fierce that Republican candidates are willing to cross Trump.” Reason on file: GA selected ACM as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • AOSL Alpha & Omega Semiconductor

    For “The data-center backlash is so fierce that Republican candidates are willing to cross Trump,” Alpha & Omega Semiconductor (AOSL) is linked, with no stored direction, medium confidence. Reason on file: GA selected AOSL as a RELATED security because its canonical security name directly matches this event's themes: semiconductor. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • AQN Algonquin Power & Utilities

    Algonquin Power & Utilities (AQN) is linked, with no stored direction, medium confidence in the 16 Sep 2026 story “The data-center backlash is so fierce that Republican candidates are willing to cross Trump.” Reason on file: GA selected AQN as a RELATED security because its canonical security name directly matches this event's themes: power. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Trump Media & Technology Group (DJT)

On 16 Sep 2026, “The data-center backlash is so fierce that Republican candidates are willing to cross Trump” is the story that connects Trump Media & Technology Group (DJT) to this story.

For Trump Media & Technology Group (DJT), the reason on file says GA selected DJT as a RELATED security because its canonical security name directly matches this event's themes: technology, trump. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

A second company, Trump Media & Technology Group (DJTWW), is listed for a different reason: GA selected DJTWW as a RELATED security because its canonical security name directly matches this event's themes: technology, trump. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Price levels for Trump Media & Technology Group (DJT)

ABAT traded between 1.42 and 2.42 across 20 sessions. The latest close on file is 1.44. DJT traded between 6.41 and 9.47 across 20 sessions. The latest close on file is 6.44. DJTWW traded between 3.37 and 5.37 across 14 sessions. The latest close on file is 3.37.

A simple score for Trump Media & Technology Group (DJT)

46 out of 100

“The data-center backlash is so fierce that Republican candidates are willing to cross Trump” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.