10 AI News You Should Definitely Take a Look At

5. Equinix, Inc. (NASDAQ:EQIX)

Number of Hedge Fund Holders: 55

Equinix, Inc. (NASDAQ:EQIX) offers digital infrastructure services that ensure seamless connectivity and support AI-driven advancements for businesses. Scotiabank raised its price target for Equinix (NASDAQ:EQIX) from $985 to $1,114 and maintained an Outperform rating. The firm updated its earnings projections for companies in the TMT Infrastructure sector and showed optimism about data center stocks while remaining neutral on tower operators. Scotiabank anticipates strong growth in data center activity and strong performance in core leasing and capacity expansion in 2025, highlighting Equinix’s strong position to sustain its growth momentum.