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Quanta Services Surges On Blowout Earnings For AI Power Infrastructure Giant
Investor's Business Daily6d agobullish
Quanta Services Surges On Blowout Earnings For AI Power Infrastructure Giant

Quanta Services, the nation's largest electrical infrastructure construction company, blew away second-quarter earnings forecasts and massively raised its full-year outlook amid the artificial intelligence buildout boom. Quanta said its improved visibility, record backlog and four recently completed acquisitions played into the big increase in its 2026 outlook. "We believe these results and our long-term track record are a clear differentiator of Quanta's ability to compound profitable growth as our customers accelerate investment in the electric grid, power generation and mission-critical infrastructure that underpin the economy," CEO Duke Austin said in the earnings statement.

Quanta Services (PWR) Surged on Strong Earnings and Improved Guidance
Insider Monkey56d agobullish
Quanta Services (PWR) Surged on Strong Earnings and Improved Guidance

Sands Capital Management, LLC released its Q1 2026 investor letter for its “Select Growth Strategy”. A copy of the letter is available to download here. Select Growth mainly targets leading U.S. businesses, driving positive structural changes. U.S. large-cap growth stocks fell in the first quarter. Sharp dispersion driven by AI advances marked the quarter, but late […]