Key Takeaways Sterling will acquire CEC Facilities to enhance mission-critical electrical and mechanical services.E-Infrastructure Solutions revenues rose 24.2% Y/Y, now 51% of total, with backlog up 44%.Shares of STRL have surged 115.6% in six months, outpacing key industry rivals like PWR and ACM.Sterling Infrastructure, Inc. (STRL) is benefiting from the ongoing demand trends across public infrastructure, especially for data center buildouts, AI infrastructure and utility grid modernization. Amid the fav ...

So as you look at the markets here, obviously we have seen a few names sort of dominate the trade, but where do you think investors should be looking for sort of more potential upside right now. >> Good morning, Julie. Well, a growth shop as well as uh focusing on small caps uh predominantly uh within that some of the beaten up sectors that really haven't performed this year, healthcare, uh energy uh are a couple of sectors that we really like.Healthcare in particular has dropped as a percentage of the S&P ...

Core Insights - Oracle has been recognized as a Leader in the Gartner Magic Quadrant for Strategic Cloud Platform Services for three consecutive years, highlighting its strong position in the cloud services market [1][2]. Group 1: Cloud Services and Infrastructure - Oracle Cloud Infrastructure (OCI) is the only hyperscaler capable of delivering over 200 AI and cloud services across various deployment models, including edge, customer data centers, and public clouds [1][3]. - OCI's distributed cloud capabilities allow organizations to meet data residency and sovereignty requirements while providing consistent global pricing and a comprehensive suite of AI and cloud services [2][3]. - The architecture of OCI supports zettascale AI workloads, enabling customers to run demanding applications such as frontier model training and scientific computing [2][5]. Group 2: Multicloud Strategy - Oracle facilitates seamless migration of mission-critical Oracle database workloads to major cloud platforms like AWS, Azure, and Google Cloud, allowing for simplified database administration and deployment [4]. - The multicloud services offered by Oracle enable customers to optimize costs and performance while addressing regulatory and data sovereignty needs [4]. Group 3: AI Capabilities - OCI Superclusters, supporting up to 131,072 GPUs, provide the necessary compute performance for demanding AI training and inference workloads [5]. - Oracle expands its AI capabilities by providing access to leading foundation models and tools for developers, allowing for fine-tuning and deployment of models at lower costs [6][7].

ab 4 August 2025 Global Research US Semiconductors and Semi Equipment SemiBytes: Hyperscaler Capex, MRVL Maia Math, Analog Update, KLAC Backlog/RPO, AMAT Preview Hyperscaler Capex Equities Americas Semiconductors Timothy Arcuri Analyst timothy.arcuri@ubs.com +1-415-352 5676 Grant Joslin Overall, we now expect $408B of C2025 hyperscaler capex, or $435B including key neoclouds, having heard from all hyperscalers this past week (ex. ORCL), vs. $367B/ $394B last week post Alphabet Q2. Alphabet's surprise lift o ...

Decisive step forward in 2025 strategy with measurable returns on first-quarter investments, structural evolution in asset commercialization profile, and significant near-term growth potential unlockedEarnings Release Highlights Revenue of $41.3 million, net income of $137.5 million, and Adjusted EBITDA of $221.2 million.Total energy capacity under management of 1,020 megawatts (“MW”) as of June 30, 2025.~10,800 MW development pipeline with ~3,100 MW of capacity under exclusivity1 as of June 30, 2025.Strate ...

August 4, 2025 08:57 AM GMT US Technology | North America Global Cloud Capex Now Tracking to +56% Y/Y in 2025, With Upside to 30%+ Growth in 2026 Following 2Q earnings, 2025 Global Cloud Capex is now tracking to $445B and 56% Y/Y growth, 12 pts higher than 2 weeks ago. We also introduce preliminary 2026 Consensus Cloud Capex growth of 16% Y/Y ($518B), but see a clear upward bias with MSe aggregate 2026 Global Cloud Capex at +31% Y/Y. Key Takeaways Cloud capex now tracking to +56% Y/Y, or $445B of spend, in ...

AIDC 行业深度：多领域需求共振加速 AI 数据中心建设 20250804 国内数据中心建设需求如何分布？未来增速预期如何？ 我们将国内的数据中心需求划分为六大领域：互联网、运营商、IDC 厂商、金 融、政府及其他。从工信部披露的数据来看，截至 2024 年底，全国标准机架 数超过 900 万架，同比增长 90 万架，而 23 年的增量为 160 万架，这表明新 增功率需求可能有所放缓。然而，从各主要建设主体及相关上市公司营收数据 来看，我们认为 24 年的整体输送式功率需求仍是小幅增长而非下滑。预计 24- 27 年国内数据中心新增功率的 CAGR 为 37%，其中 25 年 AI 数据中心新增功 率有望达到 3.6GW，同比增长 220%，27 年则有望新增约 10GW。 在技术迭代方向上，有哪些值得关注的新趋势？ 摘要 全球 AI 基建进入高强度投资长周期，微软和谷歌大幅上调 2025 年资本 开支至 300 亿美元/季度和 850 亿美元/年，预示着从 2021 年至少到 2026 年 AI 基建将保持高投入。 国内数据中心建设主体多元化，互联网和云厂商仅占 30%多，运营商占 23%，地方政府和国 ...

This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated May 30, 2025 to its short form base shelf prospectus dated May 15, 2025. MIAMI, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Digi Power X Inc. (“Digi Power X” or the “Company”) (Nasdaq: DGXX / TSXV: DGX), an innovative energy infrastructure company that develops data centers, is pleased to provide unaudited comparative Bitcoin (“BTC”) production results for the month ended July 31, 2025, combined wit ...

Where do you want to start Microsoft for. I just think for both of them, the context, these are trillion dollar companies and they're managing to post, for matter, more than 20% growth in terms of revenue, quarter on quarter, much ahead of expectations and signaling it's going to be 25% potentially for the next quarter. Microsoft still managing to build up 18% growth.Isn't that extraordinary. We have companies that valuable growing at that rate of run rate. And the fact that for Microsoft, a nuance here, we ...

Financial Data and Key Metrics Changes - Adjusted diluted earnings per share (EPS) was $0.95, up approximately 42% year-on-year, primarily driven by higher adjusted operating profit [12][29] - Organic sales grew 34% year-on-year, with strong performance in the Americas (up mid-40s) and APAC (up mid-30s), while EMEA delivered high single-digit growth [13][30] - Adjusted operating profit was $489 million, up 28% year-on-year, with an adjusted operating margin of 18.5%, approximately 110 basis points lower than the prior year due to tariffs [15][30] - Free cash flow for Q2 was $277 million, down year-on-year, but adjusted free cash flow for the first half was $542 million, a robust growth of 24% year-on-year [16][32] - Full-year adjusted free cash flow guidance raised to $1.4 billion, with net sales guidance increased by $550 million to $10 billion [17][37] Business Line Data and Key Metrics Changes - Americas organic sales increased by 43%, driven by strength in colocation and hyperscale markets, with an adjusted operating margin of 24% [32] - APAC saw a 37% organic sales increase, with margin expansion to 10.6% [32] - EMEA's organic sales grew 7%, but the region is expected to be flat for the full year due to operational execution challenges and investments in fixed costs [34][35] Market Data and Key Metrics Changes - The backlog stands strong at $8.5 billion, up 21% year-on-year and 7% sequentially from Q1, supporting increased guidance for the year [18] - The regulatory environment is becoming more conducive to AI infrastructure investment, positively impacting customer discussions and pipeline [19][110] Company Strategy and Development Direction - The company maintains a strategy of driving growth through organic expansion and strategic acquisitions, with a robust M&A pipeline [10] - Recent acquisition of Great Lakes is expected to enhance the company's capabilities in high-end rack solutions and AI infrastructure [26] - Ongoing investments in R&D and capacity expansion are aimed at staying ahead of market demand and delivering innovative solutions [11][21] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's performance and future trajectory, highlighting the digital revolution and the fundamental role of data centers [10] - The company anticipates that operational inefficiencies and execution challenges will be resolved by year-end, leading to improved margins in 2026 [31][102] - The management is optimistic about the growth trajectory and market share gains, particularly in the context of AI infrastructure [40][130] Other Important Information - The company plans to change how it communicates orders, providing projected full-year orders rather than quarterly orders to better align with business operations [19] - The tariff situation remains dynamic, with ongoing countermeasures being executed to mitigate impacts [20][21] Q&A Session Summary Question: Margin expectations for 2026 - Management believes that 2026 could be a more normal year for margins, with a positive long-term trajectory expected [48] Question: Strength in backlog and order duration - Backlog duration remains similar to historical trends, with some customers seeking earlier deliveries, indicating a healthy demand [52][53] Question: Impact of tariffs and inflation on pricing - Management indicated that they have the commercial leverage to recover tariffs, despite delays in converting orders to sales [57] Question: Win rates and procurement changes among hyperscalers - Win rates remain stable, with no significant changes in procurement methods among hyperscalers [66][68] Question: Operational inefficiencies - Inefficiencies are attributed to tariff transitions and the need for new sources, compounded by significant growth [75][78] Question: Growth rates for thermal service contracts - Management expects strong growth in thermal service contracts, particularly related to liquid cooling systems [88] Question: Evolution of product offerings for data centers - The company is evolving its product footprint to accommodate higher voltage power distribution and increasing rack density [92][94] Question: Gross margin expectations - Management expects gross margins to improve in Q4 due to operational leverage and resolution of inefficiencies [102][121] Question: Capital allocation priorities post-acquisition - M&A will remain a key part of the capital allocation strategy, with a strong process and active pipeline in place [136]