Today: 29 June 2026
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NYSE:PWR 16 October 2025 - 13 June 2026

Quanta Services Stock Climbs as AI Power Demand Keeps PWR in Focus

Quanta Services Stock Climbs as AI Power Demand Keeps PWR in Focus

Quanta Services surged 3.58% to $707.74, fueled by AI-driven power-grid demand, a record $48.5 billion backlog, and raised 2026 guidance; shares outpaced major indexes as investors bet on accelerating data center and grid spending, but high valuation leaves little room for disappointment ahead of June 16–17 investor meetings and the next earnings update.
Quanta Services Stock Pauses; What’s Next for PWR

Quanta Services Stock Pauses; What’s Next for PWR

Quanta Services shares fell 2.5% Friday to $711.73, capping a 1.6% decline for the Memorial Day-shortened week. The stock remains nearly 10% below its May 6 peak. Investors weigh a $1 billion buyback, a recent Oppenheimer upgrade, and ongoing risks tied to power-grid and data-center projects. Quanta’s board approved an $0.11 dividend, payable July 13 to shareholders of record July 1.
30 May 2026
GE Vernova stock rises as senior notes offering targets Prolec GE deal

GE Vernova stock rises as senior notes offering targets Prolec GE deal

GE Vernova shares rose 3.6% to $752.44 Monday after launching a senior notes offering to help fund its $5.3 billion acquisition of the remaining Prolec GE stake. The company has not disclosed the size or maturity of the bonds. Proceeds will also support general corporate needs. Investors are watching for pricing details and confirmation the Prolec deal closes as scheduled.
2 February 2026
Bloom Energy stock pops after hours as Jefferies lifts target, earnings next up

Bloom Energy stock pops after hours as Jefferies lifts target, earnings next up

Bloom Energy shares jumped 9% to $152.31 in after-hours trading Tuesday after a volatile session with over 13 million shares traded. Jefferies raised its price target to $92 but kept an Underperform rating, citing new orders but warning on high valuation. Investors await Bloom’s Feb. 5 results for updates on capacity and deployment schedules.
Legence (LGN) stock drops nearly 9% today as contractors slide ahead of U.S. payrolls

Legence (LGN) stock drops nearly 9% today as contractors slide ahead of U.S. payrolls

Legence shares dropped 9% to $43.99 Thursday, reversing early gains and falling below last month’s secondary offering price. The move followed the company’s $325 million acquisition of The Bowers Group, funded partly by a new $200 million term loan. Other contractor stocks also declined. Traders watched for Friday’s U.S. payrolls report and further filings from Legence.
Power Play: PSEG’s Long Island Grid Deal Extends Contract – Could Stock Hit $90+?

Power Play: PSEG’s Long Island Grid Deal Extends Contract – Could Stock Hit $90+?

The Long Island Power Authority board approved a five-year extension of PSEG Long Island’s grid management contract through 2030. A New York court rejected Quanta Services’ lawsuit to block the deal, calling its restraining order request moot. The contract awaits final approval from the state comptroller and attorney general. PSEG shares traded near $84.70 on Oct. 16, 2025.
16 October 2025

Stock Market Today

  • Australian Shares Rise as U.S. Futures Gain, China Reports Strong Industrial Profits
    June 28, 2026, 9:58 PM EDT. Australian shares nudged higher by 0.2% to 8,778 points in early Monday trade, buoyed by gains in U.S. futures following a U.S.-Iran agreement to pause hostilities ahead of peace talks. China, Australia's top trading partner, reported an 18.8% year-over-year surge in industrial profits for January-May, driven by an AI investment boom and policy backing. Despite this, investors remain cautious ahead of China's Purchasing Managers' Index (PMI) data and the Reserve Bank of Australia's June meeting minutes, amid concerns about potential hawkish monetary policy due to strong employment numbers. Gains were led by commercial services, consumer services, and healthcare sectors, with Xero Ltd up 4.6% and REA Group rising 2.3%. Two of the four major banks also recorded modest increases.

Latest articles

Trump-era loan caps could open door for private lenders in grad school market

Trump-era loan caps could open door for private lenders in grad school market

29 June 2026
July 1 federal loan caps slash Grad PLUS access, forcing many graduate and professional students to seek private loans; Sallie Mae projects up to 70% origination growth over several years, while SoFi reports record student-loan volume—investors now face a real-time test of how much demand shifts to private lenders as federal limits hit.
IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

29 June 2026
IREN Limited (NASDAQ:IREN) plunged 21.3% to $47.21 over five straight down days despite announcing a record $50M+ annual Warriors jersey deal, as investors focused on the company’s not fully contracted $4.4B target ARR and high short interest at 19.74% of float, with Friday’s close near the lowest analyst target.
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