US Stocks That Surged To All-Time High: $ZTS $EQIX $CNI

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Zoetis' Top Brass Sees Future In Pet Care And Diagnostic Services

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Zoetis Inc (NYSE:ZTS) is moving north and trading near its all time high of $158.37. Its last trading price is at $157.72. Recently, the head of global strategy of company, Abhay Nayak spoke with The Deal Economy: Middle Market Week regarding pet care and diagnostics. According to Mr. Nayak, COVID-19 has led people to think more about pet wellness, specialty care as well as prevention of diseases.

He added that conditions such as chronic pain and dermatology among pets have gained much importance in pandemic times. He stated that "companion animal market" is showing sturdy structural tailwinds, and the growth is expected in the future.

Diagnostics is another key department in animal/pets healthcare regime. In fact, Zoetis has even materialized on this concept. Its biggest ever acquisition was Abaxis Inc in 2018 at a cost of $2 billion.

Equinix Reported Q2-2020 Financial Results

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Equinix Inc (NASDAQ:EQIX) exited yesterday's session at $794.04, moving near its all time high of $799.00. The company recently reported its second quarter financial results for the three months ending on June 30, 2020. Equinix reported revenue of $1.470 billion, reflecting a 2% hike when compared with the previous year's quarter. The operating income of company came in at $282 million, demonstrating an increase of 11% on YoY basis.

Adjusted EBITDA was reported to be $720 million, showing a 49% margin in comparison with the relative period in previous year. The Net Income and Net Income per Share attributable to Equinix was reported at $133 million, rising 12% from the previous year's quarter.

Canadian National Railway Introduces Autonomous Track Inspection Program

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Canadian National Railway (NYSE:CNI) is presently trading at $98.34, which is close to its all time high of $99.12. In order to enhance efficiency, execution and safety of operations, CNI introduced technology platforms that work in real-time. These platforms fall within Operational Technology, Information technology and Intelligent Engineering Business Systems.

The company introduced ATIP or Autonomous Track Inspection Program. This is a completely autonomous rail car which uses wireless communications. These interactions are done in real-time so as to monitor and test geometric track parameters. All these communications keep regular railroad operations undisturbed.

ATIP uses track speed of travelling at revenue service, generator and solar panels, along with AI technology and sensors. This enables round-the-clock deployment of track inspections.

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