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● Standing by a Buy after a sharp drop signals the thesis is intact.
● Ferguson raised its full-year net sales growth forecast and lifted itsMarginrange low end.
● Flex builds power and cooling systems and server racks used in data centers.
● Only six S&P 500 stocks posted large declines on the day.
● Industrials were the best-performing S&P 500 sector on the session.
● The TPU 8tx targets secure AI inference and the TPU 8i Max the memory wall.
● The TPU 8tx pairs with AMD EPYC server processors.
● Its filing lists 22 underwriters led by Goldman Sachs and Morgan Stanley for Anthropic's IPO.
● The bank raised its US comparable-sales forecast above consensus.
● Philip Morris International, Walmart and Costco also traded lower.
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