Quanta Services is a leading provider of specialty contracting services, delivering comprehensive infrastructure solutions for the electric and gas utility, communications, pipeline, and energy industries in the United States, Canada, and Australia. Quanta reports its results under two segments: electric and underground utility and infrastructure.

Quanta Services is a leading provider of specialty contracting services, delivering comprehensive infrastructure solutions for the electric and gas utility, communications, pipeline, and energy industries in the United States, Canada, and Australia. Quanta reports its results under two segments: electric and underground utility and infrastructure.

The United States economy is full of innovation. It has to be. Manufacturing industries that dominated the economy decades ago - textiles, televisions, even automobiles to a large degree - have moved overseas, where labor and materials costs are lower. Yet the U.S. economy, even during the pandemic and the recent period of high inflation, has expanded to record levels. If U.S. corporations weren't innovating, creating new products (such as AI and vaccines) and services (such as Zoom calls and Netflix), as well as moving into new markets (clean energy, rare drugs), the domestic economy would not be growing, and capital would not be flooding into the country. Consider that U.S. GDP was approximately $1 trillion in 1930 but was almost $31.5 trillion at the end of 2025. That's growth of 30-times. Meanwhile, the U.S. population has grown less than 3-times during that time span, to 340 million from 120 million. The delta between GDP growth and population growth has been driven, in large part, by innovation.

Crude oil popped higher on Monday and finally put an end to the 13-day stock-market winning streak. Light Sweet Crude (WTI) jumped over 5% and was trading near $87/barrel in late Monday trading, while Brent oil rose over 5% to $95/barrel. This comes after WTI traded as low as $79 on Friday and Brent was down at $86. Stocks, for the most part, continue to shake off oil price spikes. The major indices saw only mild losses, while the S&P MidCap 400 (MDY) rose 0.6% and the S&P SmallCap 600 (SML) was up 0.5%. Both smaller-stock indices hit all-time highs, with the MDY racing ahead by 12% over the past 14 days and the SML ripping higher by 12.5%.