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STRL News5 articles
Sterling Infrastructure Surges on Data Center Demand, Revenue Jumps 92%
Sterling Infrastructure shares surged nearly 47% after Q1 revenue soared 92% to $825.7 million, driven by data center and semiconductor projects. The company raised its 2026 revenue forecast to up to $3.8 billion.
Sterling Infrastructure Surges After Data Center Demand Drives Earnings Beat
Sterling Infrastructure shares surged 19% after Q1 earnings beat estimates, driven by data center demand. The company raised its 2026 outlook.
UK Labor Data Weighs on Sterling, HSBC Awaits Key Results
HSBC shares held flat ahead of the London open following mixed UK labor data that weakened sterling and shifted rate expectations. Focus now turns to Wednesday's inflation figures and the bank's full-year results due February 25.
Diageo Gains on Sterling Weakness Ahead of Interim Results
Diageo shares rose 0.6% in London trading as a weaker pound boosted the outlook for the spirits giant's overseas earnings. Investors are positioning for the company's interim results due February 25.
National Grid Gains Amid Sterling Weakness, Bond Yield Focus
National Grid shares advanced 0.31% to 1,289p, nearing a 52-week high, as the FTSE rose 0.23%. Sterling fell following political uncertainty, impacting rate expectations ahead of the utility's May results.