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Equinix

824.75

+5.420.66%

Post-market: 822.55-2.2000-0.27%19:35 EST

Volume:306.86K

Turnover:251.90M

Market Cap:80.98B

PE:75.33

High:825.25

Open:824.14

Low:812.64

Close:819.33

52wk High:994.03

52wk Low:701.41

Shares:98.19M

Float Shares:97.49M

Volume Ratio:0.51

T/O Rate:0.31%

Dividend:18.33

Dividend Rate:2.22%

EPS(TTM):10.95

EPS(LYR):8.54

ROE:7.70%

ROA:3.20%

PB:5.72

PE(LYR):96.60

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Overview Company News Filings

Equinix: Balancing Growth Prospects and Uncertainties with a Hold Rating

Equinix Buy Rating Reaffirmed Amid Strong Q3 2025 Performance and Promising 2026 Prospects

PRESS DIGEST-British Business - October 30

GUIDANCE: (EQIX) Equinix Expects 2025 Revenue Range $9.21 Billion to $9.33 Billion, vs. FactSet Est of $9.26 Billion

MT Newswires Live

Equinix Reports Record $394 Million Annualized Gross Bookings and 8% Revenue Growth in Q3 2025

Equinix Inc. declares $4.69 quarterly dividend per share

Equinix Q3 FFO $9.83 Beats $9.18 Estimate, Sales $2.316B Miss $2.328B Estimate

Data center operator Equinix lowers 2025 revenue forecast, facing deal-closure delays

BRIEF-Equinix Q3 Revenue USD 2,316 Million Vs. IBES Estimate USD 2,328 Million

Equinix Outlook FY Adjusted Ebitda Margin 49%

THOMSON REUTERS

Equinix Q3 Basic EPS USD 3.82

THOMSON REUTERS

Equinix Q3 Operating Expenses USD 700 Million

THOMSON REUTERS

MORNING BID AMERICAS-48 hours to test the exuberance

NEXTDC Trading Below Equinix On Per Megawatt Basis, Says Jefferies

MT Newswires Live

Equinix Inc. Stock Underperforms Tuesday When Compared To Competitors

Equinix (EQIX) Gets a Buy from Evercore ISI

Equinix Inc expected to post earnings of $3.65 a share - Earnings Preview

Data center firm Equinix expands in Brazil, sees it as a priority market, director says

The Coming AI Energy Crunch – and the $50-Billion Opportunity No One Sees Yet

A Cautionary Tale for Meta, Microsoft and Other AI 'Hyperscalers' -- WSJ

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Reuters has not verified these stories and does not vouch fo","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251030:nL4N3WB0AH:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4529","BK4581","BK4588","BK4585","EQIX","BK4567","BK4222","BK4084","BK4554","BK4566"],"gpt_icon":0},{"id":"2579083136","title":"GUIDANCE: (EQIX) Equinix Expects 2025 Revenue Range $9.21 Billion to $9.33 Billion, vs. FactSet Est of $9.26 Billion","url":"https://stock-news.laohu8.com/highlight/detail?id=2579083136","media":"MT Newswires Live","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2579083136?lang=en_us&edition=fundamental","pubTime":"2025-10-30 04:13","pubTimestamp":1761768818,"startTime":"0","endTime":"0","summary":"GUIDANCE: (EQIX) Equinix Expects 2025 Revenue Range $9.21 Billion to $9.33 Billion, vs. FactSet Est of $9.26 Billion","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["EQIX"],"gpt_icon":0},{"id":"2579133772","title":"Equinix Reports Record $394 Million Annualized Gross Bookings and 8% Revenue Growth in Q3 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2579133772","media":"Reuters","labels":["dataReport","express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2579133772?lang=en_us&edition=fundamental","pubTime":"2025-10-30 04:11","pubTimestamp":1761768701,"startTime":"0","endTime":"0","summary":"Equinix Inc. reported record annualized gross bookings of $394 million in the third quarter of 2025, a 25% increase year over year and 14% higher than the previous quarter. 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Cabinet utilization rates in the Americas and EMEA regions were reported at 8","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251029:nNDL9k5txv:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport,express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["EQIX","BK4567","BK4222","BK4554","BK4529","BK4588","BK4581","BK4084","BK4585","BK4566"],"gpt_icon":0},{"id":"2579513305","title":"Equinix Inc. declares $4.69 quarterly dividend per share","url":"https://stock-news.laohu8.com/highlight/detail?id=2579513305","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2579513305?lang=en_us&edition=fundamental","pubTime":"2025-10-30 04:11","pubTimestamp":1761768660,"startTime":"0","endTime":"0","summary":"Equinix Inc. has announced a new quarterly dividend of $4.69 per share on its common stock. This amount is the actual value of the dividend declared by the company's Board of Directors.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Equinix Inc. published the original content used to generate this news brief via PR Newswire  on October 29, 2025, and is solely responsible for the information contained therein.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251029:nNDL46Jw5L:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4554","BK4084","BK4581","BK4567","BK4585","BK4222","BK4588","BK4566","EQIX","BK4529"],"gpt_icon":0},{"id":"2579133126","title":"Equinix Q3 FFO $9.83 Beats $9.18 Estimate, Sales $2.316B Miss $2.328B Estimate","url":"https://stock-news.laohu8.com/highlight/detail?id=2579133126","media":"Benzinga","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2579133126?lang=en_us&edition=fundamental","pubTime":"2025-10-30 04:08","pubTimestamp":1761768504,"startTime":"0","endTime":"0","summary":"Equinix (NASDAQ:EQIX) reported quarterly earnings of $9.83 per share which beat the analyst consensus estimate of $9.18 by 7.05 percent. This is a 8.62 percent increase over earnings of $9.05 per share from the same","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/25/10/48511323/equinix-q3-ffo-9-83-beats-9-18-estimate-sales-2-316b-miss-2-328b-estimate","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":"Equinix Q3 FFO $9.83 Beats $9.18 Estimate, Sales $2.316B Miss $2.328B Estimate","news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["EQIX"],"gpt_icon":0},{"id":"2579133552","title":"Data center operator Equinix lowers 2025 revenue forecast, facing deal-closure delays","url":"https://stock-news.laohu8.com/highlight/detail?id=2579133552","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2579133552?lang=en_us&edition=fundamental","pubTime":"2025-10-30 04:07","pubTimestamp":1761768470,"startTime":"0","endTime":"0","summary":"Data center operator Equinix lowers 2025 revenue forecast, facing deal-closure delaysOct 29 (Reuters) - Equinix EQIX.O lowered its forecast for annual revenue due to the data center operator facing de","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251029:nL4N3WA2DY:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["EQIX","BK4567","DLR","BK4222","BK4554","BK4529","BK4588","BK4581","BK4084","BK4585","BK4566"],"gpt_icon":0},{"id":"2579133641","title":"BRIEF-Equinix Q3 Revenue USD 2,316 Million Vs. IBES Estimate USD 2,328 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=2579133641","media":"Reuters","labels":["dataReport","express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2579133641?lang=en_us&edition=fundamental","pubTime":"2025-10-30 04:05","pubTimestamp":1761768348,"startTime":"0","endTime":"0","summary":"Oct 29  - Equinix Q3 pretax profit USD 399 million vs. IBES estimate USD 409.4 million.Q3 income from operations USD 474 million vs. IBES estimate USD 516.6 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04:05","pubTimestamp":1761768305,"startTime":"0","endTime":"0","summary":null,"market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251029:nPLXB32D28:5","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["EQIX","BK4588","BK4585","BK4529","BK4567","BK4222","BK4566","BK4084","BK4581","BK4554"],"gpt_icon":0},{"id":"2579977325","title":"MORNING BID AMERICAS-48 hours to test the exuberance","url":"https://stock-news.laohu8.com/highlight/detail?id=2579977325","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2579977325?lang=en_us&edition=fundamental","pubTime":"2025-10-29 19:25","pubTimestamp":1761737141,"startTime":"0","endTime":"0","summary":"MORNING BID AMERICAS-48 hours to test the exuberanceThe opinions expressed here are those of the author, a columnist for ReutersBy Mike Dolan","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251029:nL8N3W93AN:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["GEHC","NVD","SWR.UK","EXR","EQIX","ESS","2NVD.UK","VRSK","FTV","NI","AVB","NVDD","KHC","GNRC","SNVD.UK","FISV","NVD2.UK","3NVD.UK","MSFT","PSX","SBUX","CHRW","CTSH","CNC","GRMN","NVDX","DVA","NVD3.UK","NVDA","NVIW.SI","EBAY","VZ","NVDS.UK","MAS","NOW","FI","AWK","AEP","PSA","BA","DAY","SW","NVDU","BK4187","USAW.SI","ETR","NVDY","NVDS"],"gpt_icon":1},{"id":"2579091081","title":"NEXTDC Trading Below Equinix On Per Megawatt Basis, Says Jefferies","url":"https://stock-news.laohu8.com/highlight/detail?id=2579091081","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2579091081?lang=en_us&edition=fundamental","pubTime":"2025-10-29 09:06","pubTimestamp":1761700014,"startTime":"0","endTime":"0","summary":"NEXTDC  is currently trading below its US-listed competitor Equinix on a per megawatt basis, said Jefferies in a Monday note.Jefferies believes that, according to its alternative valuation approach for NXT, which views the company as a property developer, the data center operator's existing assets and the next 600 megawatts are valued at around AU$19, close to the investment firm's target price.The investment firm added that if NXT proceeds with the next 710 megawatts of land bank after fiscal 2031, this could potentially add another AU$8 per share.Jefferies has kept a buy rating on NXT and a price target of AU$19.50.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4554","BK7503","BK4084","BK4222","BK4581","NXT.AU","BK4529","BK4585","BK4588","BK7043","BK4566","BK4567","EQIX"],"gpt_icon":0},{"id":"2579992442","title":"Equinix Inc. Stock Underperforms Tuesday When Compared To Competitors","url":"https://stock-news.laohu8.com/highlight/detail?id=2579992442","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2579992442?lang=en_us&edition=fundamental","pubTime":"2025-10-29 04:42","pubTimestamp":1761684120,"startTime":"0","endTime":"0","summary":"This article was automatically generated by MarketWatch using technology from Automated Insights.Shares of Equinix Inc.  slid 3.16% to $816.13 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index  rising 0.23% to 6,890.89 and the Dow Jones Industrial Average  rising 0.34% to 47,706.37.The stock's fall snapped a four-day winning streak.Equinix Inc. closed 17.90% below its 52-week high of $994.03, which the company achieved on November 27th.The stock underperformed when compared to some of its competitors Tuesday, as Snowflake Inc.  rose 0.41% to $267.05, NetEase Inc. ADR  fell 0.60% to $145.17, and Zscaler Inc.  rose 0.81% to $328.98.Trading volume  eclipsed its 50-day average volume of 446,518.Data source: Dow Jones Market Data, FactSet. Data compiled October 28, 2025.This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Stree","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["EQIX"],"gpt_icon":0},{"id":"2578506059","title":"Equinix (EQIX) Gets a Buy from Evercore ISI","url":"https://stock-news.laohu8.com/highlight/detail?id=2578506059","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2578506059?lang=en_us&edition=fundamental","pubTime":"2025-10-28 21:36","pubTimestamp":1761658607,"startTime":"0","endTime":"0","summary":"Evercore ISI analyst Irvin Liu maintained a Buy rating on Equinix today and set a price target of $960.00. The company’s shares opened today at $83...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/equinix-eqix-gets-a-buy-from-evercore-isi-blurbs?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/equinix-eqix-gets-a-buy-from-evercore-isi-blurbs?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4084","BK4588","BK4222","BK4554","EQIX","BK4567","BK4585","BK4529","BK4581","BK4566"],"gpt_icon":0},{"id":"2578713446","title":"Equinix Inc  expected to post earnings of $3.65 a share - Earnings Preview","url":"https://stock-news.laohu8.com/highlight/detail?id=2578713446","media":"Reuters","labels":["preview"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2578713446?lang=en_us&edition=fundamental","pubTime":"2025-10-28 05:34","pubTimestamp":1761600847,"startTime":"0","endTime":"0","summary":"Equinix Inc  expected to post earnings of $3.65 a share - Earnings Preview Equinix Inc EQIX.OQ EQIX.O is expected to  show a rise in quarterly revenue when it reports  results on October 29 for the pe","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251027:nL8N3W821Q:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"preview","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4581","BK4566","BK4529","EQIX","BK4585","BK4567","BK4588","BK4084","BK4554","BK4222"],"gpt_icon":0},{"id":"2577053283","title":"Data center firm Equinix expands in Brazil, sees it as a priority market, director says","url":"https://stock-news.laohu8.com/highlight/detail?id=2577053283","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2577053283?lang=en_us&edition=fundamental","pubTime":"2025-10-24 05:31","pubTimestamp":1761255116,"startTime":"0","endTime":"0","summary":"Data center firm Equinix expands in Brazil, sees it as a priority market, director says RIO DE JANEIRO, Oct 23 (Reuters) - U.S. data center operator Equinix EQIX.O is expanding its operations in Brazi","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251023:nL1N3W417Q:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4529","BK4566","BK4588","BK4554","BK4222","EQIX","BK4567","BK4585","BK4581","BK4084"],"gpt_icon":0},{"id":"2577302739","title":"The Coming AI Energy Crunch – and the $50-Billion Opportunity No One Sees Yet","url":"https://stock-news.laohu8.com/highlight/detail?id=2577302739","media":"InvestorPlace","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2577302739?lang=en_us&edition=fundamental","pubTime":"2025-10-23 20:55","pubTimestamp":1761224100,"startTime":"0","endTime":"0","summary":"AI data centers are driving a power crisis – and creating a $50-billion opportunity in energy storage, fuel cells, and batteries.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"investorplace_stock_picks","url":"https://investorplace.com/2025/10/the-coming-ai-energy-crunch-and-the-50-billion-opportunity-no-one-sees-yet/","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://investorplace.com/2025/10/the-coming-ai-energy-crunch-and-the-50-billion-opportunity-no-one-sees-yet/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"investorplace_stock_picks","symbols":["AES","3NVD.UK","TSYW.SI","LU2360107168.USD","LU1037948541.HKD","LU1917777945.USD","BESS","NVDX","NVDS","STEM","LU0784385170.HKD","EOSE","LU0820561818.USD","2NVD.UK","FCEL","HON","LU1989772840.SGD","NVD3.UK","AI","LU1201861165.SGD","LU0690374615.EUR","BE","NVDY","CAT","NVDD","BN","SNVD.UK","EQIX","NVDU","NVD2.UK","NVD","LU1323610961.USD","NVIW.SI","AEP","TSLA","LU2471134796.USD","LU0957791311.USD","NVDS.UK","FLNC","LU1934455863.HKD","USAW.SI"],"gpt_icon":1},{"id":"2577789306","title":"A Cautionary Tale for Meta, Microsoft and Other AI 'Hyperscalers' -- WSJ","url":"https://stock-news.laohu8.com/highlight/detail?id=2577789306","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2577789306?lang=en_us&edition=fundamental","pubTime":"2025-10-23 19:42","pubTimestamp":1761219720,"startTime":"0","endTime":"0","summary":"This is an online version of Spencer's Markets A.M. newsletter. Get investing insights in your inbox each weekday by signing up here-it's free.Huge, nondescript buildings that consume as much power as cities are all the buzz these days, but only some of them.Data centers costing billions of dollars apiece are vital to the AI boom, and you're probably helping to finance them indirectly through bond funds or by owning the shares of \"hyperscalers\" Microsoft, Meta, Alphabet and Amazon.It's also possible to make a direct investment in data centers via real-estate investment trusts, but shares of the two big ones are down this year. That's because the server banks these trusts own mostly handle more prosaic computing tasks like handling flight reservations, storing your selfies or making my Markets A.M. newsletter possible.Investors' lack of enthusiasm about what not long ago seemed like owning a piece of the future might hold clues about the eventual returns on today's AI boom. 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