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Shares of infrastructure solutions provider Quanta (NYSE:PWR) jumped 14.7% in the afternoon session after the company reported record first-quarter 2026 results that significantly exceeded analyst expectations and raised its full-year financial outlook.
April showers haven't washed away the bulls' enthusiasm this week.
Alphabet rises after the Google parent reports strong first-quarter earnings, while Meta sinks on lofty capital spending guidance.
Moby summary of Quanta Services, Inc.'s Q1 2026 earnings call
Big Tech companies are increasing artificial intelligence capital spending and Quanta Services on Thursday hiked its 2026 profit outlook.
Kip Rupp: Thank you, and welcome, everyone, to the Quanta Services First Quarter 2026 Earnings Conference Call. This morning, we issued a press release announcing our first quarter 2026 results, which can be found in the Investor Relations section of our website at quantaservices.com. This morning, we also posted our first quarter 2026 operational and financial commentary and our 2026 outlook expectation summary on Quanta's Investor Relations website.
Quanta Services, Viavi Solutions and Carrier Global gave positive comments on their data center businesses.
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