💨 Abstract

Equinix, a global data center company, forecasted lower first-quarter and annual revenue due to a stronger dollar and increased spending on AI and data center expansion. The company's shares dropped more than 2% in extended trading. The strong dollar is expected to impact Equinix's revenue by up to $31.5 million in Q4, and the company's revenue for Q1 is predicted to be between $2.19 billion and $2.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖