As artificial intelligence fuels the boom in data center growth, investors are eyeing a new frontier: the companies keeping these digital powerhouses cool. nVent Electric , Vertiv and Modine Manufacturing have seen their stocks soar in 2024, buoyed by partnerships with tech giants investing billions in AI infrastructure. Despite the gains, Wall Street believes these cooling leaders have room to run as the fast-growing data center market they serve desperately requires liquid cooling to operate effectively. Shares of nVent are up 23% this year, while Vertiv and Modine have rallied 133% and 125%, respectively in 2024. Yet there’s been a…
Author: usaeverydaylife
Vice President and Democratic presidential candidate Kamala Harris arrives for a campaign event at the Dort Financial Center in Flint, Michigan, October 4, 2024. Geoff Robins | Afp | Getty ImagesVice President Kamala Harris is in “excellent health” and “possesses the physical and mental resiliency” required to serve as president, her doctor said in a letter released Saturday that summarizes her medical history and status.Dr. Joshua Simmons, a U.S. Army colonel and physician to the vice president, wrote that Harris, 59, maintains a healthy, active lifestyle and that her most recent physical last April was “unremarkable.”She “possesses the physical and mental resiliency required to successfully…
Packages of Modelo Especial beer are displayed for sale in a grocery store on June 14, 2023 in Los Angeles, California. Mario Tama | Getty ImagesModelo cans have become part of the fabric of events for Rio Riojas’ family and community in Lansing, Michigan.The 35-year-old often finds himself opting for the brand at grocery stores or bars. The beer has become, in his words, “synonymous” with gatherings, ranging from small hangouts to birthday parties.”It’s definitely the choice of the people,” said Riojas, a stand-up comedian. “When you’re at a quinceañera and you see everybody you know enjoying a couple beers at…
Robert Lighthizer, former US trade representative, speaks during an event with former US President Donald Trump, not pictured, at Precision Components Group in York, Pennsylvania, US, on Monday, Aug. 19, 2024. Graeme Sloan | Bloomberg | Getty ImagesDonald Trump’s longtime trade adviser is apparently telling Wall Street money managers that if the Republican presidential nominee is reelected, he could start implementing his sweeping tariff proposals quickly after taking office, according to policy analysts at Piper Sandler.”We’ve heard from a number of clients that Trump’s former US Trade Representative, Robert Lighthizer, has been meeting with investor groups and telling them that Trump could announce 60% Chinese tariffs and 10% across-the-board tariffs shortly…
Circles is a tech start-up with an ambition to shake up the telecommunications industry – and an unconventional marketing strategy to match.Circles is a tech start-up with an ambition to shake up the telecommunications industry – and an unconventional marketing strategy to match.”For the longest time, the telco industry has been talking about the same challenge, but not doing much,” Circle co-founder and CEO Rameez Ansar told CNBC’s Marketing.Media.Money.Based in Singapore, Circles was founded in 2014 with the goal of revolutionizing the customer experience. Its business is divided into two key units – a mobile network and a software-as-a-service department.”We made…
A heavy traffic jam with many cars on the road in Chaoyang district in Beijing, China.Sw Photography | Digitalvision | Getty ImagesChina’s passenger vehicle sales rose 4.3% in September from a year earlier, snapping five months of decline with a boost from a government subsidy to encourage trade-ins as part of a broader stimulus package.All the gains came from battery-powered vehicles, whose buyers and manufacturers have benefited since July from a doubling of subsidies to consumers, while sales of gasoline cars in China, a market foreign brands once dominated, continue to shrink.Sales in the world’s biggest auto market hit 2.13…
A view of the cityscape ahead on Jan. 12, 2024, in Taipei, Taiwan. Annice Lyn | Getty Images News | Getty ImagesChina is studying further trade measures against Taiwan, the Ministry of Commerce said on Saturday, two days after Beijing slammed a speech by Taiwan President Lai Ching-Te.The Democratic Progressive Party, Taiwan’s ruling party, has not taken any practical measures to lift “trade restrictions” on mainland China, the commerce ministry said in a statement on its official website.”At present, relevant departments are studying further measures based on the conclusions of the investigation into trade barriers from Taiwan (against mainland China),” it…
Alexander Spatari | Moment | Getty ImagesThe International Monetary Fund called for continued tight, data-driven monetary policy in Turkey until inflation converges to target as it concluded an Article IV consultation.The policy turnaround has reduced economic imbalances and revived confidence the IMF said on Saturday, adding that improved market sentiment caused foreign and domestic investors to shift into lira-denominated assets.In a statement containing the executive board assessment of Turkish economic policies, the IMF said the central bank needs to ensure that the path of disinflation stays on track. Source link
Women in their mid-30s to mid-40s make up about 46% of total employment, which means they are slightly less likely to work than men that age, according to a recent analysis by the Federal Reserve. Their employment rate is also slightly lower than women in their early 20s.”This smaller share reflects the fact that, within marriages, mothers are still more likely than fathers to specialize in child care,” the Fed noted.Despite making major strides in the workplace, as women approach their 40s, they are still more likely to take time out of the labor force or reduce the number of…
Napheesa Collier, #24 of the Minnesota Lynx, scores the game-winning basket during the game against the New York Liberty in Game 1 of the 2024 WNBA Finals at Barclays Center in Brooklyn, New York, on Oct. 10, 2024.Nathaniel S. Butler | National Basketball Association | Getty ImagesBasketball fans will have even more chances to see their favorite stars play in the Women’s National Basketball Association in the 2025 season.WNBA Commissioner Cathy Engelbert announced that the league will expand its regular season from 40 games to 44 games, and its Finals series from five games to seven games, both beginning next…
