came below expectations as Wall Street eyes the Federal Reserve's next interest rate move. John Hancock Investment Management Co-Chief Investment Strategisttells Yahoo Finance that despite economic growth slowing,"it'll probably come in pretty choppy fashion in terms of the rates backdrop. But ultimately, we think that rates will fall into an economic contraction here."The sector has been seeing major gains largely driven by the AI boom.
But right now, as you said, Julie's bonds really helping out stocks here, just kind of taking a back seat.After that, you got staples, communication services, health care, and then also tech, all of those outperforming materials the worst to the downside, that's XL B followed by energy, financials, industrials, then utilities.If we take a look at our leaders Bitcoin, that's in the top spot, that's up about one and three quarters of a percent.
Um We're looking to increase quality in the portfolio leaning into companies with great balance sheets, lots of cash and just finding quality at a reasonable price is really the name of the game. Um We also see a big change happening right now as the consumer comes under pressure, um we are seeing cracks in this consumer as people are sort of protesting higher prices, especially that lower end consumer.
It's not a huge differential, but we're holding in better here and that's translated into better earnings growth in the US.That is the best earnings growth that we're seeing across global indices. You can see adjusted earnings per share also coming in ahead of estimates and in particular server revenue here 3.87 billion.So it really seems like demand for A I servers is what was powering the numbers higher.
I haven't seen um the release yet, but also obviously, you're looking for any kind of updates on that pending Juniper acquisition announced that in January for around 14 billion, the close of the H three C divestiture.Yeah, I'm seeing a couple of details here that uh sales of um A I oriented systems doubled in the quarter.It in particular, there is that strong demand for A I oriented uh systems here.
It's also raising its forecast for full year earnings per share and full year revenue, but the stock is down. Um I think it's because you must, you're betting, listen, the the company can kind of execute through that choppiness on the call.