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Equinix

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financeinvesting1 year ago•1 min saved

"Hindenburg Research Exposes Alleged AI Misrepresentation by Equinix"

Hindenburg Research has accused data center provider Equinix of promoting an "AI pipe dream" to shareholders while manipulating metrics to enhance profitability, leading to a 7% pre-market share plunge. The short seller alleges that Equinix misclassified maintenance expenses as growth spending, resulting in inflated adjusted funds from operations and executive stock grants. Equinix is investigating the claims, and Hindenburg has a history of taking short positions against prominent companies.

via CNBC|

#ai #data-center #equinix

finance1 year ago•3 min saved

Pelosi's Tech Investments: A Lucrative Move for the Pelosi Family

Equinix, a Real Estate Investment Trust (REIT) specializing in data centers, is positioned at the intersection of real estate and technology, particularly cybersecurity, making it an indirect beneficiary of the sector’s growth. Nancy Pelosi’s investment in Palo Alto Networks (PANW) signals sustained demand for secure data handling infrastructures, highlighting the sector’s vitality. Equinix offers a unique blend of growth and income, distributing a significant portion of its taxable income to shareholders as dividends while providing essential infrastructure for companies in the cybersecurity field. Its global footprint and strategic position in the digital and cybersecurity realms make it an attractive option for investors seeking exposure to the burgeoning cybersecurity industry.

via Yahoo Finance|

#cybersecurity #data-centers #equinix