
EQIX · Nasdaq
Equinix operates a global data-center and digital-infrastructure platform. It makes money primarily by providing customers with data-center capacity, colocation and interconnection services, with xScale facilities serving large cloud and hyperscale deployments. Its customers include enterprises, cloud platforms, network providers and organizations building AI-related infrastructure. The supplied evidence emphasizes recurring-revenue growth, interconnection additions, bookings and xScale fees, but does not provide a segment-level revenue breakdown. Equinix reported $9.2 billion of FY2025 revenue and $1.4 billion of net income, compared with $8.7 billion and $0.8 billion, respectively, in FY2024.
Equinix rose $16.67, or 1.61%, from $1,034.86 to $1,051.53 over the supplied week. Trading was volatile: the stock fell 2.59% on July 29, rebounded 3.92% on July 30, then gave back 2.70% on July 31 before recovering across August 3-4. The dominant company-specific catalyst was second-quarter reporting, with AFFO and revenue exceeding estimates, strong demand, record bookings, interconnection additions and xScale fees supporting results. Equinix also raised its full-year 2026 guidance and longer-term 2027-29 outlook, strengthening the late-week recovery. The evidence does not identify a separate market or macro catalyst, while ETF outflow and options-activity references provide no clear directional explanation.