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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) announces acquisition of CoolTera Ltd. to strengthen capabilities in supporting AI deployment at scale. The deal brings advanced cooling technology, deep domain expertise, and key industry partnerships to Vertiv's robust thermal management portfolio.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.49%
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-
Rhea-AI Summary
Vertiv (NYSE: VRT) collaborates with Intel (Nasdaq: INTC) to provide liquid cooling solutions for the revolutionary new Intel Gaudi3 AI accelerator, set to launch in 2024. The collaboration aims to support AI adoption and sustainability goals by offering efficient and eco-friendly cooling options.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.53%
Tags
AI
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Rhea-AI Summary
Vertiv (NYSE: VRT) collaborates with Intel (Nasdaq: INTC) on liquid-cooled solution for the Intel® Gaudi®3 AI accelerator platform. The collaboration aims to provide a liquid cooling solution that will support the revolutionary new Intel Gaudi3 AI accelerator, scheduled to launch in 2024. The solution will enable both liquid-cooled and air-cooled servers, offering more efficient and eco-friendly cooling options. The medium pressure direct P2P refrigerant-based cooling solution will help customers implement heat reuse, warm water cooling, free air cooling, and reductions in power usage effectiveness, water usage effectiveness, and total cost of ownership.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.53%
Tags
AI
Rhea-AI Summary
Vertiv (NYSE: VRT) Raises Full Year 2023 Guidance Range, Authorizes $3 Billion Share Repurchase Plan Over Four Years, and Raises 2023 Dividend
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.09%
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none
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Rhea-AI Summary
Vertiv (NYSE: VRT) to Hold Investor Conference on November 29, 2023, to Update on Vision, Strategy, and Financial Performance
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.21%
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none
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Rhea-AI Summary
Vertiv Holdings Co reported third quarter net sales of $1,743 million, an increase of 18% compared to last year. Orders increased by 11%. The company raised its full year 2023 operating profit and adjusted free cash flow guidance. Net leverage is forecasted to decrease to ~2.1x by year-end. Vertiv's CEO highlighted the strong market demand for the company's products and services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.2%
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Rhea-AI Summary
Vertiv to report Q3 2023 results on October 25, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.83%
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Rhea-AI Summary
Vertiv Holdings Co (NYSE: VRT) Announces Pricing of Secondary Offering
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.4%
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none
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Rhea-AI Summary
Vertiv Holdings Co announces underwritten secondary offering of up to 20,000,000 shares of Class A common stock by Platinum Equity, LLC affiliate.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.03%
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none
Rhea-AI Summary
Vertiv Holdings Co reported second quarter net sales of $1,734 million, a 24% increase compared to last year. They also raised their 2023 net sales guidance to $6,810 million, an increase of $285 million. The company's operating profit and adjusted operating profit also saw significant improvements compared to the previous year. The CEO expressed optimism about the growth potential in the industry, particularly in data center infrastructure driven by AI. The company's strong financial performance and improved cash flow were highlighted as well. Overall, the company's positive results and increased guidance could positively affect its stock price.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
29.25%
Tags
Vertiv Holdings Co

NYSE:VRT

VRT Rankings

VRT Stock Data

34.82B
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.