Equinix(EQIX)

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MEDIA ALERT: Equinix Sets Conference Call for Fourth-Quarter and Full-Year Results
Prnewswire· 2025-01-06 13:01
REDWOOD CITY, Calif., Jan. 6, 2025 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, today announced that it will hold its quarterly conference call on Wednesday, February 12, 2025, at 5:30 p.m. ET (2:30 p.m. PT). The company will discuss fourth-quarter results for the period ended December 31, 2024, and the full year of 2024.To hear the conference call live, please dial 1-517-308-9482 (domestic and international) and reference the passcode (EQIX). A simultaneous liv ...
Equinix Stock Rises 25.3% in Six Months: Will the Trend Last?
ZACKS· 2024-12-27 18:21
Shares of Equinix, Inc. (EQIX) have gained 25.3% in the past six months compared with the real estate market’s growth of 8%.The robust demand for data center infrastructure amid enterprises’ growing reliance on technology and acceleration in digital transformation strategies has aided this Zacks Rank #3 (Hold) stock in recent years. Its strategic expansion efforts, backed by a healthy balance sheet, have enabled it to capitalize on favorable industry trends so far.This December, Equinix collaborated with De ...
Equinix Partners With Dell to Help Deploy Scalable AI Infrastructure
ZACKS· 2024-12-20 15:40
Equinix, Inc. (EQIX) is well-positioned to capitalize on the exponential growth of artificial intelligence (AI) and digital transformation trends. It has recently collaborated with Dell Technologies to help enterprises deploy flexible and scalable AI infrastructure. EQIX announced a private AI solution enabling businesses to train AI models in scalable, cost-effective public and private cloud environments while maintaining better control, security and low-latency on-premises deployment. Its International Bu ...
Equinix Collaborates with Dell Technologies to Help Enterprises Deploy Flexible and Scalable AI Infrastructure
Prnewswire· 2024-12-19 13:00
REDWOOD CITY, Calif., Dec. 19, 2024 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, announced today a private AI solution that lets businesses train AI models in scalable, cost-efficient public and private clouds while ensuring enhanced control, security and low-latency deployment on-premises. Equinix International Business Exchange™ (IBX ®) data centers leverage the Dell AI Factory with NVIDIA to offer a portfolio of products, solutions and services in a neutral, ...
Equinix, Inc. (EQIX) Barclays 22nd Annual Global Technology Conference (Transcript)
Seeking Alpha· 2024-12-12 06:09
Company Overview - Equinix is represented by Arun Dev, Global Leader of Digital Interconnection Services, and Katie Morgan, Senior Manager of Investor Relations and Sustainability, at the Barclays 22nd Annual Global Technology Conference [1] - Arun Dev leads the Digital Interconnection Services at Equinix, focusing on the profitability and growth of the interconnection portfolio, including product innovation and customer engagement [5] Industry Insights - The interconnection portfolio at Equinix serves a diverse customer base, including hyperscalers, cloud providers, enterprises, small and medium businesses, telcos, and NSPs [5] - Customer feedback plays a crucial role in shaping the product portfolio and evolving interconnection capabilities to address customer needs [5]
Equinix (EQIX) Up 7.8% Since Last Earnings Report: Can It Continue?
ZACKS· 2024-11-29 17:37
A month has gone by since the last earnings report for Equinix (EQIX) . Shares have added about 7.8% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Equinix due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Equinix's Q3 AFFO Beat on Solid Demand, Revenues Rise Y/YEq ...
Equinix Continues to Expand Sustainability Initiatives with Additional €1.15 Billion in Green Bonds
Prnewswire· 2024-11-25 13:01
Core Insights - Equinix has issued an additional €1.15 billion in green bonds, bringing its total green bond issuance to approximately $6.9 billion, making it one of the top 5 issuers of green bonds in the U.S. [1][2] - The proceeds from the green bonds will be allocated to finance or refinance Eligible Green Projects, which include a variety of sustainability initiatives [3][4] Green Bond Details - The recent issuance includes €650 million of 3.25% senior green notes due 2031 and €500 million of 3.625% senior green notes due 2034 [2] - The effective coupon rates for these bonds, after hedging, are expected to be 3.27% for the 6-year bonds and 3.65% for the 10-year bonds [2] Sustainability Strategy - Equinix's sustainability strategy is guided by its 2024 Green Finance Framework, which aligns with the Green Bond Principles and aims to enhance environmental protection and corporate transparency [4] - The company has maintained 96% renewable energy coverage across its portfolio in 2023 and improved its energy efficiency, as indicated by an 8%+ improvement in power usage effectiveness (PUE) compared to the previous year [4] Recognition and Performance - Equinix has been recognized for its climate performance, achieving the highest ranking on the CDP's Climate Change A List for the second consecutive year, with less than 2% of over 23,000 companies receiving this top score [4]
Equinix Stock Up 11% in Three Months: Will the Trend Last?
ZACKS· 2024-11-22 16:21
Shares of Equinix, Inc. (EQIX) have risen 11.6% in the past three months against the real estate market’s decline of 0.1%.The robust demand for data center infrastructure amid enterprises’ growing reliance on technology and acceleration in digital transformation strategies has aided this REIT in recent years. Its strategic expansion efforts, backed by a robust balance sheet, have enabled it to capitalize on favorable industry trends so far.In October, Equinix reported third-quarter 2024 adjusted funds from ...
Equinix Set to Build New Data Center Facility in Singapore
ZACKS· 2024-11-20 18:30
Equinix's New Data Center in Singapore - Equinix plans to establish a new data center in Singapore with an initial investment of $260 million [1] - The facility, named SG6, is expected to open in Q1 2027 and will be Equinix's sixth International Business Exchange data center in Singapore [1] - SG6 will feature advanced liquid cooling technology to support next-generation workloads like AI [1] Capacity and Global Network - The fully built facility will offer a capacity of 20 megawatts [2] - SG6 will be integrated into Equinix's global network, which includes 268 interconnected data centers across 34 countries, with 59 in the Asia-Pacific region [2] - The facility will provide enhanced capacity, worldwide reach, and seamless integration with interconnection and colocation services [2] Sustainability and Digital Transformation - SG6 is designed to incorporate environmental and operational efficiencies, aligning with Singapore's Green Plan 2030 for sustainable development and carbon emission reduction [3] - The facility will help customers and the nation meet digital transformation goals while supporting sustainability commitments [3] Market Demand and Equinix's Position - Equinix expects rising demand for data center capacity due to compute-intensive workloads like AI [4] - The company is well-equipped to support next-generation workloads with its new AI-ready data center, integrating sustainability innovations [4] - Equinix's global data center portfolio is positioned to benefit from strong demand for interconnected data center infrastructure, driven by enterprises integrating AI into their strategies [4] Stock Performance - Equinix's shares have gained 12.1% over the past three months, outperforming the industry's growth of 2.8% [5] Broader REIT Sector - Welltower (WELL) and Cousins Properties (CUZ) are better-ranked stocks in the REIT sector, each carrying a Zacks Rank 2 (Buy) [6] - The Zacks Consensus Estimate for Welltower's 2024 FFO per share is $4.26, suggesting 17% year-over-year growth [7] - The Zacks Consensus Estimate for Cousins Properties' 2024 FFO per share is $2.68, indicating a 2.3% increase from the previous year [7]
Equinix to Help Accelerate AI Innovation in Singapore with US$260+ Million Data Center Expansion
Prnewswire· 2024-11-19 13:00
REDWOOD CITY, Calif. and SINGAPORE, Nov. 19, 2024 /PRNewswire/ -- Today Equinix, Inc. (Nasdaq: EQIX) announced plans for its latest data center in Singapore, aimed at enabling global businesses to leverage next generation workloads, like AI, in one of the region's fastest-growing digital economies. With an initial investment of US$260M, the new facility–named SG6–will be Equinix's sixth International Business Exchange™ (IBX®) data center in Singapore. This new high performance data center will feature a wor ...