Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Allegion (NYSE:ALLE) and its peers.
Shares of data center products and services company Vertiv (NYSE:VRT)
fell 12% in the afternoon session after stocks pulled back (Nasdaq -1.5%, S&P 500 -1.2%) amid fresh concerns about trade tariffs. The pullback followed comments from President Trump clarifying the scope of his administration's 25% tariffs on Venezuela. He noted that it would apply to any country that does business with Venezuela. For example, 25% is on top of the already-in-place 20% tariff on China because China imports oil from Venezuela, which could translate to a 45% tariff on some Chinese goods. This announcement could significantly raise the operating costs for affected companies and institutions.
TD Cowen reportedly added that hyperscale redesigns for higher densities are slowing down DC equipment purchasing, which the firm views negatively for orders in the first half of 2025 for Vertiv.
VERTIV HOLDINGS CO-A was identified as a growth stock that isn't overvalued. NYSE:VRT is excelling in various growth indicators while maintaining a solid financial footing.
Deepwater Asset Management managing partner Gene Munster highlighted five key takeaways from NVIDIA Corp.'s recent keynote presentation, emphasizing that the artificial intelligence buildout remains in its early stages despite investor skepticism.
Volatility has swept the markets over recent weeks, with tariff talks and economic data causing a risk-off environment. Many stocks, including those involved in the data center side of the AI frenzy, have faced pressure. Could this be an opportunity?
Let’s dig into the relative performance of Verra Mobility (NASDAQ:VRRM) and its peers as we unravel the now-completed Q4 electrical systems earnings season.
