Collect some passive income while AI tailwinds drive growth at these companies. The business should remain busy for a while. According to research by Kohlberg Kravis Roberts & Co, global data center demand is expected to grow between 12% and 15% annually through 2030. AI will likely have a significant influence on this. Two wonderful examples immediately come to mind: International Business Machines (IBM 0.04%) and Equinix (EQIX 0.04%). Here is why investors can count on these two AI stocks for solid passiv ...

NEW YORK, May 16, 2024 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Equinix, Inc. ("Equinix" or the "Company") (NASDAQ: EQIX). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whether Equinix and certain of its officers and/o ...

ekapol/iStock via Getty Images Written by Sam Kovacs Introduction 2024 was going to be the year of the REIT. Or so I said at the beginning of the year, when I believed we'd see a rate cut by May. What I seemed to have overlooked, however, was that just as the sticky rent measurements kept inflation artificially lower for a while during the inflation spike, it is now keeping it artificially higher, despite measures such as Truflation's real-time inflation estimate at 2.3%. Truflation I believe Truflation is ...

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REDWOOD CITY, Calif., May 14, 2024 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, today announced that Charles Meyers, President and CEO, will have a fireside chat at the J.P. Morgan 52nd Annual Global Technology, Media and Communications Conference on Monday, May 20, at 3:50 p.m. EDT. The presentation will be made available via webcast on the Investor Relations section of the Equinix website at www.equinix.com/investors. About Equinix Equinix (Nasdaq: EQIX) is th ...

Equinix Inc.’s (EQIX) first-quarter 2024 adjusted funds from operations (AFFO) per share of $8.86 surpassed the Zacks Consensus Estimate of $8.58. The figure improved nearly 3.1% from the prior-year quarter.Shares of Equinix gained 10.62% in the after-hours trading session on May 8 at the NYSE. The increase was due to steady growth in colocation and inter-connection revenues on the back of strong demand for digital infrastructure. During the quarter, Equinix’s total interconnections reached 468,400, rising ...

Key TakeawaysEquinix shares took off in intraday trading Thursday as the data center real estate trust benefited from demand for artificial intelligence (AI) products.The company's adjusted EBITDA and AFFO were better than expected.CEO Charles Meyers said the "rapidly evolving AI landscape" provides immense potential for Equinix. Equinix (EQIX) shares jumped in intraday trading Thursday, a day after the data center real estate trust (REIT) posted strong results on the soaring demand for artificial intellige ...

Equinix (EQIX) came out with quarterly funds from operations (FFO) of $8.86 per share, beating the Zacks Consensus Estimate of $8.58 per share. This compares to FFO of $8.59 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 3.26%. A quarter ago, it was expected that this data center operator would post FFO of $7.25 per share when it actually produced FFO of $7.30, delivering a surprise of 0.69%.Over the last four quarters, the compan ...

Equinix Investor Relations Contacts: Equinix Media Contacts: invest@equinix.com press@equinix.com FOR IMMEDIATE RELEASE EQUINIX REPORTS FIRST QUARTER 2024 RESULTS Company Delivers More Than $2.1 Billion in Quarterly Revenues, Marking 85 Consecutive Quarters of Top-Line Revenue Growth, the Longest Streak of any S&P 500 Company REDWOOD CITY, Calif. - May 8, 2024 - Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company , today reported results for the quarter ended March 31, 2024. Equinix use ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-40205 EQUINIX, INC. (Exact name of registrant as specified in its charter) Delaware 77-0487526 (State of incorporation) (I.R.S. Employer Id ...