Deutsche Telekom Targets €2.5 Bln AI-Driven Savings Outside U.S. By 2030; Confirms Outlook

Deutsche Telekom (DTE) aims to save €2.5B by 2030 through AI, targeting €10B in tech and €5B in sales/IT spending. AI will improve network efficiency, reduce customer service costs, and generate €800M in AI-related revenue by 2030. The company is investing in AI capabilities but is not changing financial guidance.

BMO Capital raised DTE Energy's (NYSE:DTE) price target to $134, citing regulatory approval. The stock trades at $124.94, with analysts seeing 23% upside. DTE must accept 15 conditions within 30 days. BMO views the decision as constructive. DTE's Q2 earnings missed estimates but it remains optimistic about 2026 guidance. Mizuho lowered its target to $136, maintaining an Outperform rating.

Michigan regulators approved a 20-year electricity contract between DTE Energy and Google for a data center project. Google will pay at least 80% of agreed electricity usage, protecting other DTE customers from costs, according to the MPSC. DTE stated Google will cover its own power costs and contribute to grid improvements, potentially lowering bills for Michigan residents.

DTE ENERGY CO (DTB) filed an SEC Form 8-K — Regulation FD Disclosure. Business Update September 28 - 29, 2026 EXHIBIT 99.1 Safe harbor statement 2 The information contained herein is as of the date of this document. DTE Energy expressly disclaims any current intention to update any forward-looking statements contained in this document as a result o

DTE Energy plans to build two new gas power plants, expand renewables, and upgrade its nuclear facility to meet rising demand and phase out coal. The $6.4B plan includes 15GW of renewables and 4.5GW of storage by 2035, aiming for 56% renewable energy. DTE will file the plan with regulators, with final approval by the Public Service Commission.

DTE Energy (DTE) shares fell after Morgan Stanley reduced its price target to $141 from $148, while maintaining an Overweight rating. The brokerage expects lower future upside, which may concern investors. DTE's steady profits and cash flow support investments in grid and data centers, but high debt and capital spending could limit financial flexibility and growth.