Vertiv Holdings LLC is a global provider of critical digital infrastructure and continuity solutions
The company specializes in designing, building, and maintaining systems that ensure the reliability and performance of various IT environments, ranging from data centers to edge applications. Vertiv’s product portfolio includes power management, cooling solutions, and monitoring systems, designed to support the ever-increasing demand for data processing and storage. By delivering innovative technologies and services, Vertiv plays a crucial role in enhancing the safety, efficiency, and sustainability of essential digital operations across multiple industries.
We continue to wade through the 2024 Q4 cycle, which has been positive so far. Next week’s reporting docket is notably stacked, with major AI players Vertiv and Super Micro Computer expected to report.
Vertiv (NYSEVRT), a global provider of critical digital infrastructure and continuity solutions, today announced its participation in two upcoming investor conferences in February.
Discover the latest trends with last week's worst-performing large-cap stocks, including Manhattan Associates' steep decline following reduced financial guidance and the broader impact of China's DeepSeek AI on sectors like semiconductors and AI-related industries.
BofA Securities analyst Andrew Obin sees potential growth for multi-industrial stocks like Vertiv Holdings and Eaton Corporation amid the rise of more efficient AI technologies.
Shares of data center products and services company Vertiv (NYSEVRT)
fell 28.5% in the afternoon session as stocks heavily tied to the AI market took a hit after Chinese artificial intelligence startup DeepSeek released a new large language model (DeepSeek-R1) that ranks competitively on key global benchmarks (coding competitions, math evaluation), uses less advanced semiconductor chips, costs significantly less to build (at $5.5 million - excluding non-compute costs), and has already achieved strong adoption after topping the iPhone Play Store for AI apps.
Nvidia Corp. has thrown its support behind China's DeepSeek R1 artificial intelligence model, calling it "an excellent AI advancement" even as the startup's emergence triggered a historic $600 billion plunge in the chipmaker's market value on Monday.
The launch of DeepSeek affects the AI boom including the power, cooling and data center giants that once rode the AI euphoria, which now have single-day losses exceeding 20%.
Power usage effectiveness – PUE – will be the acronym of the future. Artificial intelligence has an appetite for data and electricity. Heat is the enemy, both to the equipment and the bottom lines of data centers. Vertiv Holdings Co. has a solution.
Vertiv (NYSEVRT), a global provider of critical digital infrastructure and continuity solutions, today announced it will report its fourth quarter and full year 2024 results before market open on Wednesday, February 12, 2025. The press release will contain a link to the presentation materials providing a fourth quarter and full year 2024 update, which will be available on Vertiv’s website at investors.vertiv.com. Vertiv’s management team will discuss the results during a conference call the same day, starting at 11 a.m. Eastern Time.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the electrical systems industry, including Hubbell (NYSEHUBB) and its peers.
