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Jabil Stock Jumps on Strong Earnings, Outlook

1. Jabil reported Q2 EPS of $1.94, exceeding expectations of $1.81. 2. Revenue reached $6.73 billion, beating forecasts of $6.40 billion. 3. Strong forecasts indicate adjusted EPS of $2.08 to $2.48 this quarter. 4. AI-related revenue could reach $7.5 billion this fiscal year. 5. Jabil shares surged over 4% and have risen 12% over the past year.

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FAQ

Why Very Bullish?

Jabil's strong performance and optimistic forecasts around AI demand position it favorably, similar to past earnings surprises leading to price surges.

How important is it?

Positive earnings and AI demand are critical, indicating strong market positioning for Jabil and investor confidence.

Why Short Term?

Immediate investor sentiment and trading activity will respond to positive earnings and guidance.

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