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Investing.com21d agobullish
Foxconn expects Q3 to beat market expectations as AI demand stays strong

Investing.com --Foxconn Technology (TW:2354) expects its third-quarter performance to exceed market expectations as robust demand for artificial intelligence-related products and a seasonal pickup in information and communication technology products boost operations, the Taiwanese electronics manufacturer said Saturday. The company said its visibility for the third quarter had improved from the previous month, with overall performance expected to outperform market expectations. Foxconn, formally known as Hon Hai Precision Industry, does not provide numerical forecasts.

Can Equinix (EQIX) Justify A Pricey Earnings Valuation On AI Growth?
Simply Wall St.21d agoneutral
Can Equinix (EQIX) Justify A Pricey Earnings Valuation On AI Growth?

Equinix has delivered a 43.1% gain over the past 3 years, yet its valuation checks are mixed. An intrinsic value estimate from a Discounted Cash Flow (DCF) approach suggests the stock trades below that estimate, while market based multiples point to a richer price tag. Over 3 years, Equinix is up 43.1%. This puts recent weakness over the past few weeks into context as part of a longer positive run rather than a sudden move. Recent moves to expand AI focused infrastructure and services,...