US Stocks Move: Storage Chip Prices Continue to Soar! Storage Concept Stocks Surge, SanDisk Up Over 13%
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Vertiv, the leader in AI liquid cooling, reports Q3 revenue up 61% year-on-year, orders increase over 100%, pre-market surge over 15% | Financial Report Insights
Vertiv's net sales for the third quarter reached $4.313 billion, up 61% year-on-year, with adjusted earnings per share at $2.21, up 78% year-on-year, both far exceeding expectations. Organic orders grew over 100% year-on-year, indicating strong momentum is likely to continue. The company has comprehensively raised its full-year guidance, with a midpoint net sales target of $14.65 billion and midpoint earnings per share of $7.15. Premarket share price surged over 15% at one point.
The most reliable warning signal in the US stock market has lit up! After flashing twice in history, both times were followed by a major bear market
The quality factor QMJ, which has tracked the US stock market for nearly 70 years, is issuing a rare warning. In July this year, the indicator posted its largest single-month gain of 14.3% since 1957, as the long-running outperformance of junk stocks over more than two years was suddenly reversed. Historically, similar sharp reversals in QMJ occurred during the bursting of the internet bubble in 2000 and the financial crisis in 2008.
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