Group 1 - CEOs are increasingly prioritizing digital themes, with AI, software, and data centers being the leading topics in Q3 2025 earnings calls, reflecting a nearly doubled mention rate over the past five years [4][11][34] - Discussions around tariffs remain prevalent, cited in 53% of earnings calls, although this represents a 28% decline quarter-over-quarter, indicating a shift towards structured management of tariffs rather than mitigation [8][34] - The demand for data centers is strong, with mentions rising to 15% of earnings calls, particularly in the utilities and construction sectors, highlighting capacity constraints despite high demand [16][17] Group 2 - Agentic AI is gaining traction, with mentions rising 40% quarter-over-quarter to 4% of calls, while overall AI discussions reached 45% of calls, marking a significant increase in focus on practical applications [22][24] - Robotics, particularly humanoid applications, saw a 28% increase in mentions, with the manufacturing sector showing the highest engagement, indicating a growing interest in AI-driven robotics [28][30] - Economic growth is projected to slow, with global GDP growth expected to decrease from 3.3% in 2024 to 3.2% in 2025, influenced by factors such as tariff increases and inflation [5][6]

Company Overview - Core & Main, Inc. (CNM) shares increased by 10.4% to $59.09 in the last trading session, with a higher-than-average trading volume [1] - The company has made the Fortune 500 list for the first time at No. 497, indicating rapid growth in providing essential water infrastructure products [2] Financial Performance - Core & Main is expected to report quarterly earnings of $0.52 per share, reflecting a year-over-year increase of 6.1% [3] - Revenue projections for the upcoming quarter are $1.83 billion, which is a 5.3% increase compared to the same quarter last year [3] Market Sentiment - The recent stock price increase is attributed to optimism regarding rising customer demand for storm drainage products and pipes, valves, and fittings [2] - The consensus EPS estimate for Core & Main has remained unchanged over the last 30 days, suggesting that the stock's price movement may not sustain without earnings estimate revisions [4] Industry Context - Core & Main operates within the Zacks Manufacturing - Tools & Related Products industry, where Sandvik AB (SDVKY) also competes [4] - Sandvik's consensus EPS estimate has remained unchanged at $0.36, representing a year-over-year change of 24.1% [5]