EQIX - エクィニクス （Equinix Inc.）

This report was sent to Briefing.com subscribers earlier today. Upgrades: > CONMED (CNMD) upgraded to Overweight from Sector Weight at KeyBanc Capital Markets; tgt $124 > Corning (GLW) upgraded to Buy from Hold at Deutsche Bank; tgt raised to $38 > Equinix (EQIX) upgraded to Outperform from Market Perform at BMO Capital Markets; tgt raised […]

https://www.investing.com/news/pro/bmo-capital-upgrades-equinix-to-outperform-432SI-3040536

Oxford Quantum Circuits (OQC), a leading global Quantum Computing as a Service (QCaaS) company, and Equinix, Inc. (Nasdaq: EQIX), the world’s digital infrastructure company™, has announced that OQC will make one of the most powerful quantum computers available commercially to businesses in Ireland via Equinix’s TY11 Tokyo International Business Exchange™ (IBX®) data centre. OQC is […]

Quantum computing will be made available to businesses in Ireland after data centre company Equinix partnered with Oxford Quantum Circuits.

Digital infrastructure business is partnering with Oxford Quantum Circuits

Related Stocks: EQIX ,

The Malaysian data center market has seen positive growth in 2022. Some of the major data center announcements made this year included the setting up of cloud regions by Google Cloud as well as data center investments by Microsoft and several other data center providers. According to Arizton’s research report, the Malaysian data center market … Read more » The post Equinix enters Malaysia with US$40M data center investment appeared first on Tech Wire Asia .

Last month, Equinix said it will be setting up a $74m data centre in Jakarta, Indonesia.

Equinix, Inc., the world’s digital infrastructure company, announced its market entry into Malaysia with plans to build a new International Business Exchange (IBX) data center located in Johor, called JH1. With an initial investment of approximately $40 million, JH1 is scheduled to begin operations in Q1 2024, providing 500 cabinets and 1,960 square meters of colocation space. The […] The post Equinix Enters Malaysia with $40 Million Data Center Investment appeared first on AiThority .

https://www.investing.com/news/pro/equinix-pt-raised-to-800-at-stifel-432SI-2954540

Citi analyst Michael Rollins noted data center stocks Equinix, Inc (NASDAQ: EQIX ), Digital Realty Trust, Inc (NYSE: DLR ), Cyxtera Technologies, Inc (NASDAQ: CYXT ) were down an average of >5% on July 1 on reports ( including Financial Times ) that an investor is "betting against ''legacy'' data centers that now face growing competition from the trio of tech giants that have been their biggest customers…" Short-seller Jim Chanos betted against "legacy" data centers that now face growing competition from the trio of tech giants that have been their biggest customers. The giants included Amazon.com Inc (NASDAQ: AMZN ) Amazon Web Services, Alphabet Inc (NASDAQ: ... Full story available on Benzinga.com

Don''t confuse cloud-base growth with REIT valuations. Equinix''s capital structure and CapEx don''t align towards further growth. Read why here.

Legendary short seller Jim Chanos is raising capital to bet against data center REITs like Digital Realty (DLR), Equinix (EQIX) and Uniti Group (UNIT), but Wells Fargo analyst Eric…

Upgrades According to Jefferies, the prior rating for Digital Realty Trust Inc (NYSE: DLR ) was changed from Hold to Buy. Digital Realty Trust earned $1.67 in the first quarter, compared to $1.67 in the year-ago quarter. At the moment, the stock has a 52-week-high of $178.22 and a 52-week-low of $124.00. Digital Realty Trust closed at $127.40 at the end of the last trading period. For Equinix Inc (NASDAQ: EQIX ), Jefferies upgraded the previous rating of Hold to Buy. For the first quarter, Equinix had an EPS of $7.16, compared to year-ago quarter EPS of $6.98. The stock has a 52-week-high of $885.26 and a 52-week-low of $606.12. At the end of the last trading period, Equinix closed at $649.50. Jefferies upgraded the previous rating for Crown Castle International Corp (NYSE: CCI ) from Hold to Buy. In the first quarter, Crown Castle Intl showed an EPS of $1.87, compared to $1.71 from the year-ago quarter. The current stock performance of Crown Castle Intl shows a 52-week-high of $209.87 and a 52-week-low of $153.70.

Brick-and-mortar, or legacy, data centers are in full focus after Jim Chanos revealed that they are his next short target . The founder of Kynikos Associates, now known as Chanos & Company , disclosed that he is raising several hundred million dollars to create a fund that will short data center real estate investment trusts (REITs). Chanos sprang into the mainstream investing world after successfully shorting Enron due to “deceptive accounting practices.” The acclaimed investor has an estimated net worth of $2 billion. During March, he also announced a short position in Coinbase (NASDAQ: COIN ) due to accelerating competition. COIN stock has declined by more than 70% since March 1. Now, Chanos has data centers set as his next short target. He explained, “This is our big short right now. The story is that although the cloud is growing, the cloud is their enemy, not their business. Value is accruing to the cloud companies, not the bricks-and-mortar legacy data centres.” Let’s get into the details.