Big Tech spurs new demand for SMRs providing nuclear power [Yahoo! Finance]
Equinix, Inc. (EQIX)
Last equinix, inc. earnings: 2/12 04:01 pm
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Source: Yahoo! Finance
In early September 2024, Oracle announced that it is planning to build a gigawatt-scale data centre powered by three small modular nuclear reactors (SMRs). Equinix, one of the largest operators of data centres, which tech companies use for cloud and AI services, made a $25m pre-payment to Oklo, a nuclear power company, for power from SMRs. SMRs are fun-size versions of large nuclear fission plants - they can come pre-built and are delivered on the back of a lorry. The site they operate on is no larger than a football field. Large companies with high energy demands can buy a dedicated SMR rather than buy SMR power indirectly through a power company. Demand for SMRs According to GlobalData's power plants database, more than 200 SMRs have been ordered so far, many by corporates. Other tech companies buying SMRs include Standard Power, another data centre operator. Dow, a large chemicals company, has also put in an order. NuScale, one of the early developers of SMRs, is targeti
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EQIX
News
- Here's How You Can Earn $100 In Passive Income By Investing In Equinix Stock [Yahoo! Finance]Yahoo! Finance
- Is Equinix, Inc. (EQIX) the Best Real Estate Stock to Buy For Beginners? [Yahoo! Finance]Yahoo! Finance
- Equinix, Inc. (NASDAQ: EQIX) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $870.00 to $980.00. They now have a "buy" rating on the stock.MarketBeat
- Equinix, Inc. (NASDAQ: EQIX) had its "hold" rating re-affirmed by analysts at Cfra.MarketBeat
- EQUINIX INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Equinix, Inc. - EQIXBusiness Wire
EQIX
Earnings
- 8/7/24 - Miss
EQIX
Sec Filings
- 9/23/24 - Form CERT
- 9/13/24 - Form 8-K
- 9/11/24 - Form 4
- EQIX's page on the SEC website