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As of Aug 9, 9:37 PM ET ·
HUBB News6 articles
Powell Industries Shares Slide on Record Backlog Execution Concerns
Powell Industries shares dropped 13.8% in after-hours trading as record backlog raises delivery concerns, despite Q3 revenue and EPS beating estimates.
Earnings
Eaton Outperforms S&P 500, Trades at 40x Earnings
Eaton shares rose 2.2% for the week, outperforming the S&P 500. The stock trades at 39.8 times trailing earnings, with a focus on margins and upcoming economic data.
Markets
Market Update: Bapcor Shares Fall on Lowered EBITDA Forecast
Bapcor shares fell 18% after lowering FY2026 EBITDA forecast to $144-150 million amid cost pressures. Nvidia earnings loom, Indian shares decline on oil surge, and Hubbbell, Welltower show strength.
Markets
Vertiv Shares Climb on Robust Data Center Demand, Backlog Hits $15 Billion
Vertiv Holdings extended its rally after reporting a 252% surge in organic orders and raising its 2026 outlook, with backlog reaching $15 billion. The company cited strong hyperscale and colocation demand.
Earnings
Vertiv Shares Retreat After Record Surge on AI-Driven Order Boom
Vertiv shares pulled back 2.3% in premarket trading following a 24.5% surge driven by a 252% jump in organic orders and a raised 2026 outlook. The company will stop reporting quarterly order figures due to volatility.
Earnings
Vertiv Soars on Record Orders and Upgraded 2026 Outlook
Vertiv shares surged 24% after reporting a 252% jump in organic orders and raising its 2026 sales forecast above analyst expectations, driven by robust data center demand.
Earnings