Management raised full-year adjusted EPS guidance to $2.78 to $2.88 from $2.55 to $2.70, so the margin story is now baked into the outlook investors are paying for. Adjusted gross margin widened 330 basis points to 42.2%, helped by diversified end markets and the newly closed Millar deal.
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After Months of Watching AI Innovation ETFs Run These 3 Active Funds Stand Out and the Revolution Has Barely Started
Goldman Sachs models $765 billion in annual AI capital spending for 2026, climbing toward $1.6 trillion by 2031. That kind of multi-year buildout is the backdrop for three actively managed (or active-leaning)…