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Vertiv Holdings Co - $VRT STOCK NEWS

Welcome to our dedicated page for Vertiv Holdings Co news (Ticker: $VRT), a resource for investors and traders seeking the latest updates and insights on Vertiv Holdings Co stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Vertiv Holdings Co's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Vertiv Holdings Co's position in the market.

Rhea-AI Summary

Vertiv (NYSE: VRT) released its 2023 Responsible Business Report, detailing its progress in environmental impact and governance. Key efforts include the expanded use of high-efficiency liquid cooling solutions and low-global warming potential refrigerants, the acquisition of CoolTera, and the introduction of a new battery energy storage system. Vertiv also unveiled a microgrid solution at its Delaware, Ohio facility, leveraging solar arrays and hydrogen fuel cells. The company introduced the TimberMod™ data center solution to reduce carbon footprint and provided an updated Guide to Data Center Sustainability. Operational efficiency improvements include a water reclamation system in Monterrey, Mexico, and a commitment to supply chain integrity.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.12%
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none
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Rhea-AI Summary

Vertiv (NYSE: VRT), a leader in critical digital infrastructure, will showcase its latest innovations at Datacloud Global Congress (June 4-6, 2024, Cannes, France). CEO Giordano Albertazzi will join a keynote panel discussing AI and HPC trends. Vertiv's Tassos Peppas and Ian Paul, along with Gulf Data Hub, will present on energy-efficient data center builds. Andrea Ferro and Victor Elm will discuss leveraging Vertiv's uninterruptible power supply systems with Conapto. Vertiv is shortlisted in three categories at the Datacloud Global Awards. Attendees can explore Vertiv's XR app, Virtual Showroom, and new AI Hub, offering resources for AI infrastructure deployment.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.85%
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AI
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Rhea-AI Summary

Vertiv (NYSE: VRT), a leader in digital infrastructure and continuity solutions, has launched the Vertiv AI Hub. This new platform offers a comprehensive guide for deploying AI clusters and infrastructure strategies, including reference designs for major GPU chipsets. The AI Hub provides white papers, industry research, tools, and portfolios for scalable liquid cooling and power infrastructure supporting chipsets from 10-140kW per rack. It will be frequently updated with new content and includes an AI Infrastructure certification program for partners. Vertiv aims to address the knowledge gap in AI infrastructure while supporting current and future deployments.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.01%
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AI
Rhea-AI Summary

Vertiv (VRT) will be participating in two upcoming investor conferences in May. David Fallon, CFO, will present at Oppenheimer's 19th Annual Industrial Growth Conference on May 6, 2024, and Giordano Albertazzi, CEO, along with Mr. Fallon, will present at the Bank of America Transportation, Airlines, and Industrials Conference on May 14, 2024. Both events will have live webcasts and related materials available on Vertiv's Investor Relations website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.4%
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conferences
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Rhea-AI Summary
Vertiv Holdings Co (NYSE: VRT) reported impressive financial results for the first quarter of 2024, with a 60% increase in organic orders, 8% growth in net sales, and a record high backlog of $6.3 billion. The company also saw a significant increase in operating profit and adjusted operating profit compared to the previous year. Vertiv raised its full-year 2024 guidance, expecting substantial growth in net sales and operating profit. The strong performance was driven by increasing demand for AI deployments and critical digital infrastructure solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.82%
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Rhea-AI Summary
Vertiv (VRT) will report its first quarter 2024 results on April 24, 2024. The management team will discuss the results during a conference call at 11 a.m. Eastern Time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.63%
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Rhea-AI Summary
Vertiv introduces Vertiv™ 360AI pre-engineered infrastructure for high-performance computing, aiming to accelerate AI adoption with up to 2x faster deployment. The solutions offer streamlined power and cooling for AI workloads, including flexible cooling strategies and prefabricated modular solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.08%
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AI
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News
Rhea-AI Summary
Vertiv partners with NVIDIA to enhance support for accelerated computing and AI workloads
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End-of-Day
-0.1%
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News
Rhea-AI Summary
Vertiv (VRT) declares a quarterly cash dividend of $0.025 per share for Class A common stock, payable on March 28, 2024. The dividend is for shareholders of record as of March 19, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.77%
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dividends
Rhea-AI Summary
Vertiv (VRT) to participate in J.P. Morgan Industrials Conference in New York City. CEO and CFO to present at the event on March 13, 2024. Webcast and presentation materials available on the company's Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.59%
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conferences
Vertiv Holdings Co

NYSE:VRT

VRT Rankings

VRT Stock Data

36.71B
365.71M
8.01%
89.54%
2.61%
Optical Instrument and Lens Manufacturing
Manufacturing
Link
United States of America
WESTERVILLE

About VRT

vertiv brings together hardware, software, analytics and ongoing services to enable continuous and optimal running of vital applications for data centers, communication networks, and commercial and industrial facilities. its portfolio comprises of power, cooling and it infrastructure solutions and services, extending from the cloud to the edge of the network. for more information visit vertivco.com.