The company reported strong Q2 results with 7% revenue growth and raised its full-year guidance.
It is expanding globally to meet surging demand for digital infrastructure and AI-related services.
Equinix,
Inc. (Nasdaq: EQIX) reported robust second-quarter results on Wednesday,
marking another consecutive quarter of revenue growth as demand for digital
infrastructure and AI-related services continues to surge.
Equinix Rides AI Wave to
Record-Breaking Quarter
The global
data center operator saw revenues climb 7% year-over-year (YoY) to $2.16
billion, slightly exceeding analyst expectations. Net income jumped 45% to $301
million, while adjusted EBITDA surpassed $1 billion for the first time,
reaching $1.036 billion.
Equinix
plays a significant role in the FX/CFDs trading industry, primarily through its
provision of critical infrastructure and connectivity services.
Adaire Fox-Martin
"Our
strong performance reinforces our belief that we are uniquely positioned to
support our customers and partners in their business transformation agendas,” Equinix
CEO Adaire Fox-Martin stated, highlighting the company's record gross bookings
for the quarter. Fox-Martin's appointment as president was announced in March when the current CEO, Charles Meyers, transitioned to the role of Executive Chairman.
The
company's interconnection business also showed strong growth, with revenues up
8% YoY and the addition of 3,900 new interconnections in Q2. Equinix now hosts
over 472,000 interconnections on its global platform.
Looking
ahead, Equinix raised its full-year 2024 guidance. The company now expects
revenues between $8.692 billion and $8.772 billion, representing 6-7% growth
over 2023. Adjusted EBITDA is projected to range from $4.066 billion to $4.126
billion, with an AFFO per share forecast of $34.67 to $35.30.
Source: Equinix
A few months back, Equinix announced the appointment of Merrie Williamson as the Chief Customer and Revenue Officer (CCRO). Williamson, who brings extensive experience from her tenure at major tech firms such as Microsoft and Intel, is well-versed in revenue enhancement strategies. Her leadership role at these companies, spanning more than twenty years, equipped her with a deep understanding of the tech industry, which she now brings to her new position at Equinix.
The AI Push
The company
is aggressively expanding its global footprint to meet growing AI demand, with
54 major projects currently underway across 36 markets in 24 countries. This
includes 15 xScale projects aimed at hyperscale customers, which are seeing
increased interest due to AI and cloud initiatives.
“As a key
enabler of AI and cloud innovations on a global scale, we are excited about the
opportunities that lie ahead.”
Equinix
recently announced plans to enter the Philippines market through a $180 million
acquisition of three data centers, furthering its push into the fast-growing
Southeast Asian region. The deal is expected to close in Q4 2024.
The
company's xScale portfolio, which caters to hyperscale infrastructure needs, is
experiencing substantial demand growth. Equinix leased an additional 17
megawatts of capacity in Silicon Valley and Paris since its last earnings call,
bringing total xScale leasing to 365 megawatts globally.
In a move
to capture larger AI and hyperscale workloads in the US, Equinix acquired a
200-acre land parcel in Atlanta for its first multi-hundred-megawatt xScale
campus in the area.
Equinix,
Inc. (Nasdaq: EQIX) reported robust second-quarter results on Wednesday,
marking another consecutive quarter of revenue growth as demand for digital
infrastructure and AI-related services continues to surge.
Equinix Rides AI Wave to
Record-Breaking Quarter
The global
data center operator saw revenues climb 7% year-over-year (YoY) to $2.16
billion, slightly exceeding analyst expectations. Net income jumped 45% to $301
million, while adjusted EBITDA surpassed $1 billion for the first time,
reaching $1.036 billion.
Equinix
plays a significant role in the FX/CFDs trading industry, primarily through its
provision of critical infrastructure and connectivity services.
Adaire Fox-Martin
"Our
strong performance reinforces our belief that we are uniquely positioned to
support our customers and partners in their business transformation agendas,” Equinix
CEO Adaire Fox-Martin stated, highlighting the company's record gross bookings
for the quarter. Fox-Martin's appointment as president was announced in March when the current CEO, Charles Meyers, transitioned to the role of Executive Chairman.
The
company's interconnection business also showed strong growth, with revenues up
8% YoY and the addition of 3,900 new interconnections in Q2. Equinix now hosts
over 472,000 interconnections on its global platform.
Looking
ahead, Equinix raised its full-year 2024 guidance. The company now expects
revenues between $8.692 billion and $8.772 billion, representing 6-7% growth
over 2023. Adjusted EBITDA is projected to range from $4.066 billion to $4.126
billion, with an AFFO per share forecast of $34.67 to $35.30.
Source: Equinix
A few months back, Equinix announced the appointment of Merrie Williamson as the Chief Customer and Revenue Officer (CCRO). Williamson, who brings extensive experience from her tenure at major tech firms such as Microsoft and Intel, is well-versed in revenue enhancement strategies. Her leadership role at these companies, spanning more than twenty years, equipped her with a deep understanding of the tech industry, which she now brings to her new position at Equinix.
The AI Push
The company
is aggressively expanding its global footprint to meet growing AI demand, with
54 major projects currently underway across 36 markets in 24 countries. This
includes 15 xScale projects aimed at hyperscale customers, which are seeing
increased interest due to AI and cloud initiatives.
“As a key
enabler of AI and cloud innovations on a global scale, we are excited about the
opportunities that lie ahead.”
Equinix
recently announced plans to enter the Philippines market through a $180 million
acquisition of three data centers, furthering its push into the fast-growing
Southeast Asian region. The deal is expected to close in Q4 2024.
The
company's xScale portfolio, which caters to hyperscale infrastructure needs, is
experiencing substantial demand growth. Equinix leased an additional 17
megawatts of capacity in Silicon Valley and Paris since its last earnings call,
bringing total xScale leasing to 365 megawatts globally.
In a move
to capture larger AI and hyperscale workloads in the US, Equinix acquired a
200-acre land parcel in Atlanta for its first multi-hundred-megawatt xScale
campus in the area.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
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We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
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#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
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We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
