ASGN (ASGN) Q2 2025 Earnings Call July 23, 2025 04:30 PM ET Speaker0Greetings, and welcome to the ASGN Incorporated Second Quarter twenty twenty five Earnings Call. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. It is now my pleasure to introduce your host, Kimberly Esterkin, Vice President of Investor Relations. Thank you.You may begin.Speaker1Good afternoon. Thank you for joining us today for ASGM's Second Quarter twenty twenty ...

International Business Machines Corp. IBM released its second-quarter results after Wednesday's closing bell. Here's a look at the details from the report. The Details: IBM reported quarterly earnings of $2.80 per share, which beat the Street consensus estimate of $2.64. Quarterly revenue came in at $16.977 billion, which beat the consensus estimate of $16.576 billion.Read Next:  Quantum Stock Tracker: Rigetti Achieves Major Breakthrough, But Jim Cramer Names Another Stock To ‘Own’IBM reported the following ...

The Ether Machine expected to launch with over 400,000 Ether ("ETH") and manage the largest pool of assets in a public vehicle for pure-play institutional-grade exposure to Ethereum and ETH-denominated yield. Led by Ethereum trailblazers with firsthand experience driving Ethereum's rise from a nascent protocol to a cornerstone of the digital asset ecosystem. Largest all-common-stock financing committed at announcement since 2021; Anchored by contribution of approximately $645 million (169,984 ETH) from And ...

Core Insights - Nvidia has seen a significant increase in its market capitalization, reaching $4.2 trillion, largely due to its dominance in the AI landscape since the launch of ChatGPT [1][2] - CoreWeave is a prominent player in the Nvidia-backed data center stocks, but Nebius is emerging as a noteworthy competitor [1][3] Nvidia's Strategic Relationships - Nvidia has established strategic partnerships that have contributed to its growth, including investments in companies like CoreWeave and Nebius [2][3] - Nebius, which recently went public after a spin-off from Yandex, raised $700 million in a private placement with Nvidia's participation [6] Nebius Overview - Nebius operates as a neocloud, providing access to Nvidia's GPUs through a cloud-based infrastructure services platform [7] - The company competes with CoreWeave and Oracle in the infrastructure-as-a-service market, indicating a growing demand for such services [7] Market Trends and Investment Potential - Major cloud hyperscalers like Microsoft, Alphabet, and Amazon are projected to spend approximately $260 billion on capital expenditures in 2023, with a significant portion directed towards AI data centers [8] - Meta Platforms' investment of $14.3 billion into Scale AI and its hiring initiatives highlight the increasing need for high-performance computing power in AI development [9] Financial Performance and Projections - Nebius reported an annual recurring revenue (ARR) run rate of $249 million, reflecting a 684% year-over-year growth, with management forecasting an ARR run rate between $750 million and $1 billion by year-end [11] - Analysts have set price targets for Nebius, with Goldman Sachs at $68 (28% upside) and Arete Research at $84 (nearly 60% discount) [12] Valuation and Market Position - Despite a 139% increase in Nebius' share price, the company is viewed as a potential bargain compared to peers like CoreWeave and Oracle [14][16] - Nebius is positioned to capitalize on the rising infrastructure spending and is seen as a disruptive force in the cloud infrastructure and AI data center markets [16]

Core Insights - Stantec (STN) is on a strong growth trajectory, with increasing backlog figures indicating high visibility into near-term revenue gains and multi-year momentum [2][7] Group 1: U.S. Market Performance - In the U.S., backlog increased by 12.6% to $4.8 billion, driven by anticipated new water projects starting in Q2 2025 and easing policy uncertainty [3][7] - Although first-quarter organic growth was modest at 2.4% due to project timing, management highlighted a pipeline ready to accelerate [3] Group 2: Canadian Market Dynamics - Canada's infrastructure initiatives in energy, housing, and healthcare are creating robust project pipelines, particularly in wastewater and high-intensity industrial segments [4] - Transit and airport-related projects are also gaining momentum, providing a solid growth runway for Stantec [4] Group 3: Global Market Opportunities - The Global segment shows promise with the U.K.'s AMP8 program launching with 75% more funding than the previous cycle, allowing Stantec to ramp up capacity [5] - Australia and New Zealand are steady performers in water due to framework agreements, while Germany's €500 billion infrastructure fund positions Stantec for broader market penetration [5] Group 4: Stock Performance and Valuation - Stantec has achieved a 42% year-to-date gain, significantly outperforming the industry's 3% decline, while U.S. peers have shown mixed results [6] - Stantec's forward 12-month Price/Earnings (P/E) ratio is 27.02, above its five-year median of 23.74, compared to Tetra Tech at 24.54 and AECOM at 20.17 [8] Group 5: Earnings Outlook - The Zacks Consensus Estimate for Stantec's 2025 earnings has been rising over the past 60 days, indicating positive market sentiment [10]

Core Insights - Quanta Services, Inc. (PWR) is strategically positioned to benefit from increased utility investment, grid modernization, and the U.S. energy and manufacturing capacity expansion driven by the Inflation Reduction Act (IRA) [1] - The company reported a record backlog of $35.3 billion as of March 31, 2025, supported by demand for high-voltage transmission, power generation, and advanced infrastructure related to clean energy and domestic industrial activity [1][8] Group 1: Financial Performance and Outlook - Quanta has provided a positive outlook for 2025, driven by rising utility spending, strong base business momentum, and growth in electric infrastructure and data center demand [3] - Earnings estimates for 2025 and 2026 have increased to $10.33 and $11.72 per share, indicating year-over-year growth of 15.2% and 13.5%, respectively [13] Group 2: Risk Management and Strategic Initiatives - The company is mitigating risks associated with policy changes and tariff-related issues through its contract structures, which limit exposure to input cost inflation [2] - Quanta is enhancing supply-chain resilience by investing in U.S.-based transformer manufacturing, which helps clients navigate regulatory changes and reduce reliance on foreign sourcing [4][8] Group 3: Market Position and Competitive Performance - Quanta's stock has outperformed its peers, with a 43.6% increase over the past three months, compared to 22.8% for AECOM and 60.4% for Fluor Corporation [6][8] - The company's current forward 12-month price-to-earnings (P/E) ratio is 34.94, which is higher than AECOM's 20.44 and Fluor's 20.25 [10][12] Group 4: Infrastructure Spending and Growth Opportunities - As infrastructure spending backed by policy gains momentum, Quanta is well-positioned to capture growth opportunities in transmission, renewable energy, and manufacturing-related projects [5] - The company is seeing increased visibility into larger transmission projects, supported by utility spending and accelerated data center expansion [4]

Vancouver, British Columbia--(Newsfile Corp. - July 15, 2025) - LQWD Technologies Corp. (TSXV: LQWD) (OTCQX: LQWDF) ("LQWD" or the "Company"), a Canadian-based Bitcoin-backed company and provider of enterprise-grade infrastructure for the Bitcoin Lightning Network, is pleased to announce the acquisition of an additional ~57.5 Bitcoin to its treasury. Details are as follows: This release contains "forward-looking information" within the meaning of applicable securities laws relating to the Company's business ...

Core Viewpoint - TC Energy Corporation will hold a teleconference and webcast on July 31, 2025, to discuss its second quarter financial results [1][2]. Group 1: Teleconference Details - The teleconference will feature TC Energy's President and CEO François Poirier, CFO Sean O'Donnell, and other executive leadership team members discussing financial results and company developments at 6:30 a.m. MT / 8:30 a.m. ET [2]. - Participants can join the call by dialing 1-833-752-3826 (Canada/U.S. toll free) or 1-647-846-8864 (International toll) without a passcode, and are encouraged to call in 15 minutes prior to the start [3]. - A live webcast will be available on TC Energy's website, and a replay of the teleconference will be accessible two hours after the call until midnight ET on August 7, 2025 [4]. Group 2: Company Overview - TC Energy is a team of over 6,500 energy problem solvers, specializing in connecting the world to necessary energy through a unique network of natural gas infrastructure assets [5]. - The company operates in moving, generating, and storing energy, delivering it to homes and businesses in North America and globally through LNG exports, complemented by strategic ownership in power generation [5]. - TC Energy's common shares are traded on the Toronto (TSX) and New York (NYSE) stock exchanges under the symbol TRP [6].

Core Insights - The ISG Global Index Call provides insights into the IT and business services industry, influencing approximately $200 billion in technology spending annually [2][4]. - The index measures the health and growth of the technology industry, focusing on managed technology services and cloud-based software and infrastructure services [4]. Company Overview - Information Services Group, Inc. (ISG) has been hosting index calls for over 20 years, showcasing its expertise in the industry [2]. - The current call marks the 91st consecutive ISG Index Call, indicating the company's long-standing presence and commitment to industry analysis [4]. Industry Analysis - The index tracks and analyzes annual contract value (ACV) as a leading indicator of revenue trends within the technology sector [4].

Core Insights - Tutor Perini Corporation (TPC) is experiencing significant growth due to increased project execution activities and robust public infrastructure spending in the United States [1][2] - The company reported a 77% year-over-year increase in earnings per share (EPS) to 53 cents and a 19% rise in revenues to $1.25 billion in Q1 2025 [1][7] - TPC's backlog surged 94% year-over-year to $19.4 billion, driven by $2 billion in new awards and contract adjustments [2][7] - The company raised its 2025 EPS guidance to a range of $1.60-$1.95, reflecting a significant recovery from a loss per share of $3.13 in 2024 [3] - Analysts are bullish on TPC, with EPS estimates for 2025 and 2026 trending upward to $1.75 and $3.09, indicating year-over-year growth of 155.9% and 76.6%, respectively [4][7] Financial Performance - TPC's Q1 2025 EPS rose 77% year-over-year, with revenues increasing by 19% to $1.25 billion [1][7] - The backlog at the end of the quarter was $19.4 billion, reflecting a 94% increase year-over-year [2][7] - EPS estimates for 2025 and 2026 have been revised upward to $1.75 and $3.09, respectively, indicating strong growth potential [4][7] Market Position - TPC shares have increased by 79% year-to-date, outperforming the Zacks Building Products - Heavy Construction industry and the broader S&P 500 index [11] - The stock is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 18.14X, which is considered a discount compared to industry peers, suggesting an attractive entry point for investors [12] - TPC is positioned favorably within the market, alongside competitors like AECOM and KBR, which are also benefiting from strong public infrastructure demand [8]