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SANM News4 articles
Jabil Boosts 2026 Guidance on Robust AI Data Center Demand, Shares Surge
Jabil lifted its fiscal 2026 outlook, with revenue now seen at $35 billion and adjusted EPS at $12.70, both above consensus. Shares rose 9.8% on the news.
Flex Set to Join S&P 500; Index Rebalancing Adds Complexity
Flex (FLEX) will join the S&P 500 on June 22, replacing Campbell's. The stock fell 4.8% Friday but gained 1.5% after hours. AI data-center focus and planned spinoff add interest.
Flex Gains S&P 500 Entry Amid AI Power Unit Growth, Shares Slide in Tech Rout
Flex (FLEX) is set to join the S&P 500 on June 22, drawing attention to its surging AI data-center power unit and planned spin-off, though shares dropped 4.8% in a tech selloff.
Celestica Shares Slip as AI Hardware Rally Falters
Celestica shares dropped 5% in Toronto as the TSX reopened, mirroring declines in New York, as AI hardware stocks faced a sell-off.