U.S. equities powered to fresh record highs by midday Tuesday as blowout guidance from Palantir Technologies Inc. (NASDAQ:PLTR) and a Caterpillar Inc. (NYSE:CAT) earnings beat reignited the AI trade, while crude oil tumbled more than 5% on growing conviction that a deal to reopen the Strait of Horm…
Revenue and adjusted EPS more than doubled year-over-year, driven by surging demand in E-infrastructure, especially data centers and semiconductors. Backlog and guidance were raised, with strong cash flow and expanded credit facilities supporting growth and acquisitions.Based on Sterling Infrastruc…
Revenue and adjusted EPS more than doubled year-over-year, driven by surging demand in E-infrastructure, especially data centers and semiconductors. Backlog and guidance were raised, with strong growth expected to continue, though margin mix is impacted by rapid expansion in electrical services.Bas…
Q2 2026 saw record revenue and earnings, driven by strong organic growth and recent acquisitions. Backlog surged 116% year-over-year, and guidance for FY 2026 points to continued margin expansion and robust earnings.Original document: Sterling Infrastructure, Inc. [STRL] Slides Release — Aug. 4 202…
Record Q2 results featured 90% revenue growth and 120% net income growth, driven by strong organic and acquisition contributions. Backlog surged 116% to $4.33 billion, and full-year guidance was raised, projecting up to 84% adjusted EPS growth.Original document: Sterling Infrastructure, Inc. [STRL…
Infrastructure spending remains a major growth driver for U.S. construction companies, supported by data center development, semiconductor manufacturing, transportation upgrades and federal infrastructure programs. Contractors with strong project pipelines, specialized capabilities and disciplined…
Sterling announced that Mark D. Wolf, its General Counsel, Chief Compliance Officer and Corporate Secretary, has notified the company he intends to retire later this year and will assist with the transition.Original SEC Filing: STERLING INFRASTRUCTURE, INC. [ STRL ] - 8-K - Jul. 10, 2026This is an…
Sterling Infrastructure STRL has been one of the top-performing infrastructure stocks over the past year, with its shares soaring 215.9%. The rally has far outpaced the Zacks Engineering - R&D Services industry's 36.8% gain, the Zacks Construction sector's 18.9% increase and the S&P 500's 23.9% ret…
Over the past few days, the broader U.S. equity markets scaled record-high territories as concerns related to AI abated and the Iran-U.S. war appeared to be nearing a resolution. Riding on solid performances by blue-chip firms, the markets recorded one of the best first-half performances in recent…
Sterling Infrastructure, Inc. STRL has built a diversified business across multiple infrastructure markets, with Transportation Solutions remaining an important contributor to its long-term strategy. While the segment may not attract as much attention as the company's faster-growing businesses, it…
Sterling rises to a 10-month high against the euro, helped by easing concerns about potential fiscal policy under Andy Burnham, the frontrunner to become the U.K.'s next prime minister. A weaker euro due to concerns about a fragile eurozone economy also help sterling. U.K. fiscal concerns remain, h…
The pound strengthened against the euro and dipped against the dollar on Tuesday as traders positioned for a likely Andy Burnham premiership in Britain and digested data from the euro zone and U.S.Moves were muted, but sterling snapped a three-day run of gains against the dollar and was last down 0…
U.K. politics remain the biggest and most unpredictable, immediate risk to sterling, Monex Europe analysts say in a note. Andy Burnham, the frontrunner to replace U.K. Prime Minister Keir Starmer who announced his resignation last week, pledged fiscal discipline on Monday. While the comments lifted…
Mark D. Wolf, an officer serving as General Counsel, Corporate Sec, sold 2,500 shares of common stock at $888.00 per share. The total sale amount reported was $2,220,000. Following the transaction, Wolf directly owns 28,137 shares of common stock, of which 1,505 shares are subject to transfer restr…
Sterling and U.K. government bonds have welcomed remarks about the need for sound finances by Andy Burnham, who is expected to succeed U.K. Prime Minister Keir Starmer, ING's Chris Turner says. However, Burnham is yet to set out details on his plans to alter spending commitments and how those chang…
Sterling rises slightly after Andy Burnham, the frontrunner to succeed Prime Minister Keir Starmer, vowed to boost growth across the U.K while reaffirming his commitment to meeting the fiscal rules. Burnham said his plans to improve growth and raise living standards will be backed by "sound" public…
Sterling could weaken against the euro despite its recent resilience after U.K. Prime Minister Keir Starmer announced his resignation last week, ING's Francesco Pesole says in a note. Andy Burnham is widely expected to succeed Starmer. In recent days Ed Miliband has emerged as the frontrunner to be…
