KD ALERT: Investigation Launched into Kyndryl Holdings, Inc., Hagens Berman Encourages Investors to Contact the Firm [Accessibility Statement] Skip NavigationSAN FRANCISCO, Feb. 10, 2026 /PRNewswire/ -- Investors in Kyndryl Holdings, Inc. (NYSE: KD) saw the price of their shares fall nearly 57% during trading on February 9, 2026 after the company announced that it would not timely file its quarterly report for the quarter ended December 31, 2025 and that its CFO (David Wyshner) and General Counsel (Edward S ...

SAN FRANCISCO, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Investors in Kyndryl Holdings, Inc. (NYSE: KD) saw the price of their shares fall nearly 57% during trading on February 9, 2026 after the company announced that it would not timely file its quarterly report for the quarter ended December 31, 2025 and that its CFO (David Wyshner) and General Counsel (Edward Sebold) departed effective immediately four days before. These developments and severe market reaction have prompted national shareholder rights law firm H ...

Core Insights - Hyperscalers are projected to spend $500 billion on capital expenditures in 2023, driven by the growth of artificial intelligence and the need for data center infrastructure [1] - Quanta Services is positioned to benefit from this trend as it provides essential infrastructure solutions for power and energy, particularly in the context of data center buildout [2][3] Company Overview - Quanta Services operates in two segments: electric infrastructure solutions, which focuses on modernizing the grid and constructing substations, and underground utility solutions for gas, water, and specialty pipelines [3] - The company has a market capitalization of $76 billion and a gross margin of 13.42% [3] Demand Drivers - The rapid expansion of AI technology is expected to increase U.S. data center electricity usage by 133% by 2030, necessitating grid modernization and increased energy supply [4] - Quanta Services has seen a record backlog of $39.2 billion as of September 30, reflecting strong demand across utility, renewable energy, and technology sectors [7] Strategic Acquisitions - Quanta has made significant acquisitions, including Cupertino Electric in 2024, to enhance its capabilities in serving technology and data center clients [6] - The acquisition of Dynamic Systems has further expanded Quanta's ability to service large load facilities, such as semiconductor plants [7] Market Position - Quanta Services plays a crucial role in modernizing the energy infrastructure and is expected to benefit from long-term demand as hyperscalers continue to invest heavily in data center infrastructure [9]

Core Viewpoint - Hertz Global Holdings, Inc has announced an expanded technology partnership with Kyndryl Holdings to modernize its critical systems and operations, which is expected to enhance customer experience and operational efficiency. Group 1: Partnership Details - Kyndryl has extended its collaboration with Hertz for five years to advance the car rental company's technology ecosystem [2] - The partnership will utilize Kyndryl's Agentic AI Framework to modernize Hertz's core technology and operations [2][3] Group 2: Operational Improvements - Kyndryl's consulting services will help Hertz make its systems faster, more reliable, and easier to manage [3] - The collaboration aims to streamline key processes and improve customer experiences at Hertz [3] Group 3: Technology Integration - Kyndryl will assist Hertz in migrating legacy mainframe systems to cloud-based architectures to centralize technology platforms [4] - The integration of AI-driven automation into Hertz's workflow is expected to optimize operational tasks and reduce complexity [5] Group 4: Strategic Goals - The extended partnership reflects Hertz's broader effort to evolve its technology stack and support future business needs [5]

Core Insights - Centuri Holdings, Inc. (NYSE:CTRI) is recognized as one of the 10 Best Performing Utility Stocks in 2025 [1] - The company specializes in infrastructure services, collaborating with regulated utilities and energy providers to maintain energy networks across the US and Canada [2] Financial Performance - On January 7, Wells Fargo analyst Joseph O'Dea increased the price target for Centuri Holdings from $25 to $30, indicating an upside potential of nearly 8% from the current share price [3] - Centuri Holdings secured $870 million in new bookings for energy infrastructure services, with $178 million of these bookings obtained before year-end, bringing the total awards for the previous year to $4.5 billion [4] Business Strategy and Outlook - Approximately 80% of the new bookings are renewals of existing customer Master Service Agreements (MSAs), while the remainder includes new work and strategic bid awards [4] - CEO Christian Brown emphasized that the substantial value of bookings reflects strong customer trust and operational consistency, positioning the company for robust revenue and earnings growth in 2026 and beyond [5]

Group 1 - Artificial intelligence (AI) is evolving rapidly, becoming a critical partner in various sectors, including coding, healthcare, and scientific research [1] - By 2026, companies are expected to invest over $500 billion in AI, facing pressure to deliver tangible returns from these investments [2] - Investors are shifting focus from quick wins to long-term value, seeking companies with solid business models that can maximize AI's potential [3] Group 2 - The Motley Fool's report indicates that 93% of AI investors plan to maintain or increase their investments in AI over the next year [4] - In 2026, there may be a shift in investor interest towards companies that provide foundational technology for AI, such as data center builders and network suppliers [6] - Emcor, a company providing critical infrastructure, has seen a 29% year-over-year increase in its remaining performance obligations, driven by demand from data centers [8]

Financial Performance and Growth - The company's Utilities segment revenue reached $2.658 billion in TTM Q3 2025[9], while the Energy segment revenue was $4.931 billion in TTM Q3 2025[12, 19] - The company's backlog for Utilities was $6.593 billion in Q3 2025[15], and for Energy was $4.470 billion in Q3 2025[20] - The company targets a gross profit growth of 9% to 12%[38, 84] - The company projects full year 2025 Adjusted EBITDA to be between $510 million and $530 million[88, 98] - The company anticipates full year 2025 Adjusted EPS to be in the range of $5.35 to $5.55 per diluted share[88, 96] Strategic Focus and Market Positioning - The company is focused on high-growth markets like Renewables and Power Delivery[38, 41] - The company aims to grow solar revenue from $1.3 billion in 2023 to $2.9 billion in TTM Q3 2025[63] - The company is targeting an operating cash flow margin of 4% to 5% by 2026[84] - The company is aiming for a Net Debt / Adjusted EBITDA target of 1.5x[68, 84] Contract and Customer Base - Reimbursable contracts account for 51% of revenue, while fixed-price contracts account for 49% in TTM Q3 2025[25] - The company derives 41% of its revenue from its top 10 customers[33]

Core Insights - The "picks and shovels" trade has historically been a profitable investment strategy, focusing on the essential services and infrastructure that support transformative industries like AI and energy [1] Company Overview - Quanta Services, founded in 1997, is a leading U.S. infrastructure services provider specializing in complex energy, utility, communications, pipeline, and renewable projects, recognized as one of the largest specialty contractors in North America [3] - The company offers a range of services including design, engineering, installation, maintenance, and repair across various infrastructure sectors [3] Financial Performance - Quanta Services has a market capitalization of $63 billion and its stock increased by 33.8% in 2025, outperforming the S&P 500's growth of 16.7% during the same period [4] - Over the past decade, Quanta has achieved steady revenue and earnings growth with compound annual growth rates (CAGRs) of 13.45% and 17.97%, respectively [5] - The company's Q3 2025 results showed revenues of $7.6 billion, a 17% increase year-over-year, with the core electric segment contributing $6.2 billion (81% of total revenues) and growing at an annual rate of 18.5% [6][7] - The Underground and Infrastructure segment reported sales of $1.46 billion, marking a year-over-year growth of 15.9% [7]

Core Insights - Centuri Holdings, Inc. (NYSE:CTRI) experienced a share price increase of 3.91% from December 5 to December 12, 2025, ranking among the top energy stocks for the week [1] - The company reached a 52-week high on December 11 after securing new customer awards totaling $500 million, bringing year-to-date bookings to approximately $4.3 billion [3] Company Overview - Centuri Holdings is a strategic infrastructure services company that collaborates with regulated utilities and energy providers to construct and maintain the energy network serving millions of homes and businesses in the US and Canada [2] Recent Developments - The new contracts consist of 84% for new work and 16% for renewals, leveraging the company's core electric and gas capabilities for utility and telecommunications clients in both Canada and the US [3] - Christian Brown, President and CEO, emphasized the growth in end markets and customer confidence in the company's ability to deliver complex projects safely and on schedule [3] Future Outlook - The company has over 90% of its 2026 plan under contract, indicating a strong pipeline of future opportunities [3] - Wells Fargo has reiterated a 'Buy' rating for Centuri Holdings, setting a price target of $25 [3]

Cardinal Infrastructure Group shares opened 9.5% above their initial public offering price after the infrastructure services firm raised $241.5 million in its US listing. https://t.co/KABXa7kR6U ...