当地时间7月30日，美国能源领域投资公司Energy Capital Partners与私募股权巨头KKR宣布将在美国得 州新建190兆瓦超大规模数据中心园区，预计总投资额接近40亿美元。声明称，这是两家公司500亿美元 战略合作伙伴关系的首笔投资。(智通财经) ...

Financial Data and Key Metrics Changes - In Q2, the company reported revenues of $2,260 million, a 5% increase year-over-year, driven by strong recurring revenue growth of 7% [15][33] - Adjusted EBITDA margins reached 50% for the first time in history, with adjusted EBITDA of approximately $1,130 million [16][33] - AFFO per share increased by 8% year-over-year, totaling $972 million, which was well above expectations [16][34] Business Line Data and Key Metrics Changes - The company closed 4,100 deals across more than 3,300 customers, resulting in $345 million of annualized gross bookings for the quarter [7][15] - Interconnection revenues grew by 8% year-over-year, surpassing $400 million in quarterly revenues for the first time, with a net addition of 6,200 total interconnections [21][22] Market Data and Key Metrics Changes - The Americas region led in cabinet billing, contributing to solid monthly recurring revenue (MRR) per cabinet yields [8][35] - The company added nine new retail projects in key markets, including Chicago, Dallas, London, and Silicon Valley, and commenced its first build in Bangkok, Thailand [24] Company Strategy and Development Direction - The company outlined a long-term vision focusing on AI, hybrid and multi-cloud, and networking opportunities, with significant capital expenditures aimed at capacity expansion [9][10] - The "Build Bolder" strategy emphasizes creating new capacity to meet future demands for digital infrastructure, with a focus on major markets generating over $100 million in annual revenue [12][29] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, highlighting strong customer demand signals and the need for digital infrastructure to support AI and cloud strategies [10][14] - The company anticipates an accelerated path to stabilization for new assets compared to historical trends, aiming for double-digit revenue growth as the strategy becomes fully operational [12][60] Other Important Information - The company raised its 2025 revenue guidance by $58 million, maintaining a growth rate of 7% to 8% [39] - Capital expenditures for 2025 are expected to range between $3.8 billion and $4.3 billion, including approximately $450 million of on-balance sheet XScale spend [40] Q&A Session Summary Question: What helped the interconnection adds this quarter and expectations for the coming quarters? - Management noted strong interconnection performance with revenues up 8% year-on-year, driven by cloud and AI expansion opportunities [44][45] Question: What is driving the strong bookings momentum to start Q3? - Management highlighted broad-based activities across regions and segments, with strong pricing and intra-regional transactions contributing to the momentum [48][51] Question: Can you provide an update on the timing to stabilization in the Build Bolder plan? - Management indicated that the typical build profile is 18 to 24 months, but they expect to accelerate stabilization due to larger enterprise customer footprints and potential pre-sales [56][58] Question: What is the outlook for XScale leasing in the back half of the year? - Management confirmed that 85% of XScale facilities are leased or pre-leased, with a strong pipeline supporting a step-up in net recurring revenue in the second half [92]

Financial Data and Key Metrics Changes - In Q2 2025, the company reported revenues of $2,260 million, a 5% increase year-over-year, driven by strong recurring revenue growth of 7% [15][32] - Adjusted EBITDA margins reached 50% for the first time in history, with adjusted EBITDA of approximately $1,130 million [16][32] - AFFO per share increased by 8% year-over-year, totaling $972 million, exceeding expectations due to strong operating performance and lower income tax expenses [16][33] Business Line Data and Key Metrics Changes - The company closed 4,100 deals across more than 3,300 customers, resulting in $345 million of annualized gross bookings for the quarter [6][27] - Interconnection revenues grew by 8% year-over-year, surpassing $400 million in quarterly revenues for the first time, with a net addition of 6,200 total interconnections [22][23] - The Americas region led cabinet billing, contributing to solid MRR per cabinet yields [7][34] Market Data and Key Metrics Changes - The company noted a notable uptick in inter and intra-region sales, particularly in cloud and AI expansion activities [6][22] - The demand for digital infrastructure is being driven by trends in AI, hybrid, and multi-cloud strategies, with significant customer reliance on Equinix for these needs [10][14] Company Strategy and Development Direction - The company outlined its "Build Bolder" strategy focused on capital expenditure for capacity expansion, aiming to accelerate revenue growth [10][12] - Investments will primarily target major markets generating over $100 million in annual revenue, leveraging established customer relationships [12] - The company anticipates a path to double-digit revenue growth as the "Build Bolder" strategy becomes fully operational [12][15] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, citing strong customer momentum and a robust pipeline for Q3 and Q4 [20][21] - The company expects to see a meaningful step-up in non-recurring revenues in the second half of the year, particularly in Q4 [16][38] - Management emphasized the importance of addressing customer demand signals, particularly in AI and cloud connectivity [70][72] Other Important Information - The company has 59 major projects underway globally, including 12 XScale projects, and has expanded its footprint in Southeast Asia with the acquisition of three data centers in the Philippines [24][25] - The balance sheet increased to approximately $39 billion, with elevated cash and short-term investments totaling around $4.5 billion [34][35] Q&A Session Summary Question: What helped the interconnection adds this quarter and expectations for future metrics? - Management noted strong interconnection performance with revenues up 8% year-on-year, driven by cloud and AI expansion opportunities [44][45] Question: What is driving strong bookings momentum to start Q3? - Management highlighted broad-based activities across regions and segments, with strong pricing and intra-regional pickups contributing to the momentum [48][50] Question: Can you provide an update on the timing to stabilization in the Build Bolder plan? - Management indicated that the typical build profile is 18 to 24 months, but they expect to accelerate stabilization through fewer build phases and increased enterprise customer demand [57][59] Question: What is the outlook for ExScale leasing in the back half of the year? - Management confirmed a strong track record in ExScale, with 85% of facilities leased or pre-leased, and a robust pipeline supporting step-up in NRR [94][96]

Financial Data and Key Metrics Changes - Revenues for fiscal year 2025 were $38 million, up 41% year over year, driven by increased capacity in the data center hosting business [14] - Cost of revenues increased by $7.5 million to $30.2 million, also due to increased capacity [14] - SG&A expenses rose by $15 million to $28.1 million, influenced by business growth and stock-based compensation [15] - Net loss attributable to common stockholders was $26.6 million, or $0.12 per share, while adjusted net loss was $7.6 million, or $0.03 per diluted share [15] - Adjusted EBITDA for the quarter was $1 million [16] - Cash, cash equivalents, and restricted cash at the end of the quarter totaled $120.9 million, with total debt at $688.2 million [16] Business Line Data and Key Metrics Changes - The data center hosting segment operates 286 megawatts of fully contracted capacity for cryptocurrency customers [12] - The cloud services business is under review for strategic alternatives, with no updates provided [12] Market Data and Key Metrics Changes - The company signed a transformative 15-year lease with CoreWeave for 250 megawatts at the Polaris Forge One campus, expected to generate approximately $7 billion in contracted revenue [6] - CoreWeave has also exercised an option for an additional 150 megawatts, indicating strong demand for AI infrastructure [6] Company Strategy and Development Direction - The company aims to position itself as a leader in AI and HPC infrastructure, with a focus on scalable data center solutions [6][10] - Strategic decisions include reducing the number of SKUs by 50% and consolidating suppliers to enhance efficiency [8] - The company is actively marketing its multi-gigawatt pipeline to a diverse customer base, leveraging its competitive advantages [10][19] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, citing strong relationships with hyperscalers and a robust pipeline of projects [19] - The company anticipates significant revenue growth in the upcoming quarters due to the technical fit-out of the Polaris Forge One building [17] Other Important Information - The company has raised approximately $270 million through its ATM and Series G preferred stock since the end of the quarter [13] - The first 100-megawatt facility is expected to be operational in Q4 2025, with subsequent facilities planned for 2026 and 2027 [7][39] Q&A Session Summary Question: Development cadence for 2026 and potential groundbreaking for a second campus - Management expects to break ground on one additional campus and potentially two before the end of the year [22] Question: Gating items for financing - The biggest gating item is the general slowdown in August, with reliance on professional service providers for construction reports and documentation [23][24] Question: Status of advanced negotiations with a customer - Management confirmed advanced negotiations with an investment-grade North American hyperscaler, with ongoing discussions with several others [30][31] Question: Fit-out status for the Ellendale facility - The fit-out is underway, with expectations for customer gear to be on-site by Q4 of the calendar year [32] Question: Terms for project financing related to CoreWeave - Financing terms are largely as expected, with costs in the high twos to low fours for investment-grade tenants [38] Question: Timeline for Building 2 and penalties for delays - Building 2 is progressing well, with a timeline of approximately twelve months, and standard lease penalties apply for late delivery [45][49] Question: Hyperscalers' interest in owning infrastructure - The company is focused on full-stack ownership of campuses rather than powered shell agreements, which are less favorable as a public company [55] Question: Progress on sales tax in South Dakota - No progress has been made on sales tax issues, with focus currently on a large campus in North Dakota [56]

Financial Performance - Q2 2025 revenues reached $2.256 billion, a 4% YoY increase as-reported and a 5% increase normalized and constant currency[24, 25] - Adjusted EBITDA for Q2 2025 was $1.129 billion, representing a 9% YoY increase as-reported and an 8% increase normalized and constant currency, with an Adjusted EBITDA Margin of 50%[24, 25] - AFFO for Q2 2025 was $972 million, an 11% YoY increase as-reported and normalized and constant currency[24, 25] - AFFO per share (diluted) for Q2 2025 was $9.91[24] Regional Performance - Americas revenues reached $1.004 billion in Q2 2025, a 4% YoY increase as-reported and a 6% increase normalized and constant currency[27] - EMEA revenues reached $767 million in Q2 2025, a 6% YoY increase as-reported and a 7% increase normalized and constant currency[27] - APAC revenues reached $485 million in Q2 2025, a 3% YoY increase as-reported and a 1% increase normalized and constant currency[27] Guidance - FY 2025 revenue guidance is $9.233 - $9.333 billion, which includes a $53 million foreign currency benefit[37] - FY 2025 Adjusted EBITDA guidance is $4.517 - $4.597 billion, which includes a $25 million foreign currency benefit[37] - FY 2025 AFFO guidance is $3.703 - $3.783 billion[37] Capital Expenditures and Investments - Planned ~$3-4 billion per year of capital expenditures to expand capacity and support the portfolio[18] - Planned ~$1 billion per year of strategic capital investments[19] - Approximately 80% of annual capital expenditures support new IBX capacity[20] Interconnection and Customer Momentum - Annualized gross bookings reached $345 million[12] - Added 6,200 net interconnections in the quarter, reaching over 492,000 in total[13]

HOUSTON and DALLAS, July 30, 2025 /PRNewswire/ -- Houston-based Calpine Corporation today announced a new 190-megawatt (MW) agreement with Dallas-based CyrusOne, a leading global data center developer and operator, to serve a new data center adjacent to the Thad Hill Energy Center in Bosque County, Texas. The deal secures power, grid connection, and land to support a new state of the art facility that is currently under construction and expected to be operational by the fourth quarter of 2026.   "We're exci ...

JACKSONVILLE, Fla., July 30, 2025 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT) a provider of adaptive, versatile and streamlined Edge Data Center (“EDC”) solutions tailored to meet evolving needs in any environment, today announced that it is commencing an underwritten public offering of shares of its common stock (or common stock equivalents). The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be c ...

REDWOOD CITY, Calif., July 30, 2025 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, today reported results for the quarter ended June 30, 2025. "We had a strong first half of 2025, achieving robust bookings and strong financial results— further indication that our strategy is meeting the opportunity," said Adaire Fox-Martin, CEO and President, Equinix. "Looking ahead to the next six months, we are confident in Equinix's trajectory and the strength of our distinct a ...

Core Insights - The U.S. stock market is anticipated to remain volatile due to stalled trade talks with China and uncertainty surrounding the Federal Reserve's interest rate decision, prompting a focus on low-beta stocks as a strategic investment approach [1][2] Group 1: Market Conditions - The U.S. stock market is expected to experience volatility as trade discussions with China have stalled, leading to investor uncertainty [1] - Investors are apprehensive ahead of the Federal Reserve's interest rate decision, which may negatively affect borrowing costs and business growth [1] Group 2: Investment Strategy - Creating a curated portfolio of low-beta stocks is recommended as a prudent strategy to navigate market volatility [1][2] - Stocks such as Vipshop Holdings Limited (VIPS), GDS Holdings Limited (GDS), Futu Holdings Limited (FUTU), and Verona Pharma plc (VRNA) are highlighted as potential investment opportunities [2][9] Group 3: Stock Characteristics - Beta measures the volatility of a stock relative to the market, with a beta of less than 1 indicating lower volatility compared to the market [3][4] - A screening criterion for low-beta stocks includes a beta between 0 and 0.6, ensuring less volatility [5][6] Group 4: Company Highlights - **Vipshop Holdings**: Utilizes a strategy called "Made for Vipshop," offering exclusive products from over 200 brands, which are in high demand [7] - **GDS Holdings**: Recently secured a 152 MW AI data center order and plans to expand its 900 MW capacity in key markets, indicating strong demand [9][10] - **Futu Holdings**: A tech-driven company enhancing its platform with Futubull AI, a smart assistant for investment-related queries [11] - **Verona Pharma**: Its drug Ohtuvayre is a novel COPD treatment, combining bronchodilation and anti-inflammatory effects, marking a significant advancement in therapy [12]

Core Viewpoint - Hyperscale Data, Inc. plans to acquire up to $10 million of $XRP, which will remain on its balance sheet and not be owned by Ault Capital Group, Inc. (ACG) [1][2] Group 1: Company Strategy - The acquisition of $XRP is seen as a key part of Hyperscale Data's overall treasury strategy as it transitions to a pureplay data center business [2] - The company expects to divest ACG around December 31, 2025, but there is no assurance that this will be completed within that timeframe [1][4] Group 2: Business Operations - Hyperscale Data operates a data center through its subsidiary Sentinum, Inc., where it mines digital assets and provides colocation and hosting services for AI ecosystems and other industries [3] - ACG is involved in acquiring undervalued businesses and disruptive technologies, and it will initiate its own $XRP accumulation strategy [1][3] Group 3: Shareholder Information - The divestiture will involve a voluntary exchange of Series F Preferred Stock for shares of Class A and Class B Common Stock of ACG, with only those who surrender their shares being entitled to receive ACG shares [5]