Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Eaton's"


25 mentions found


The industrial-focused names in the Club's portfolio wrapped up a pretty solid earnings season last week, but their stocks were largely not rewarded. AI spending First, a surge in AI investments was welcomed news for Eaton, DuPont and Linde. "Everything was about as perfect as you can get this quarter," Jim Cramer said after the print. LIN YTD mountain Linde (LIN) year-to-date performance Linde posted mixed a quarterly Thursday — an earnings beat but a revenue miss. Destocking Destocking, or whittling down excess inventory, was important at Stanley Black & Decker, DuPont, and Honeywell.
Persons: toolmaker Stanley Black, Linde, DuPont, Eaton, Craig Arnold, Jim Cramer, Ed Breen, Jim, Sanjiv Lamba, Stanley Black, Decker, Wall, SWK, destocking, Vimal Kapur, Kapur, Lamba, Matthew White, Price, we're, Jim Cramer's Organizations: Honeywell, Eaton, DuPont, Linde, Electrical, workloads, Club, de Nemours, Management, LIN, The, Stanley, Supply, Technologies, CNBC, Power Locations: Eaton, U.S, Pleasanton , California
Sales, earnings, segment profit margin, and organic growth all came in ahead of expectations, despite some minor misses in certain operating segments. In addition to the strong headline results, Electrical Americas, its biggest division, realized another record for sales, segment profit, and segment margins — driven partly by data center demand for AI computing power. Electrical Americas achieved yet another record for sales, segment profit, and segment margins with management noting strength in the data center market. Management expects a segment margin of 22.4% to 22.8%, ahead of the 22.4% midpoint estimate. Electrical Americas achieved yet another record for sales, segment profit, and segment margins with management noting strength in the data center market.
Persons: Eaton, Parker, Craig Arnold, Arnold, Jim Cramer's, Jim Cramer, Jim Organizations: Revenue, LSEG, Hannifin, DuPont, Honeywell, Electrical, Management, Aerospace, CNBC, Eaton Corporation, NYSE, NYSE Eaton Locations: North America, Electrical Americas, U.S, Eaton, Americas
The rise in power demand for data centers — which are booming from the need to support a new world of AI technologies — is also fueling demand for the providers of data center parts. "Expected power usage for U.S. data centers under construction is equivalent to more than 50% of the power currently used by U.S. data centers. Several years out, even after these data centers are constructed, some expect data center power consumption to double again," analyst Thomas Thornton wrote in a Wednesday note. Management is raising its own capital expenditures for the first time in a decade to meet the power demand for data centers, BofA added. To be sure, analysts mentioned that data center demand will likely exceed supply.
Persons: Thomas Thornton, Thornton, BofA, David Barden, Barden, Equinix, Eaton Organizations: Bank of America, Caterpillar, Management, Realty Trust, Digital Realty, Software, Aspen Tech, Constellation Energy, Dominion Energy
Using this strategy, he identified three big winners: Eaton , Vertiv and Super Micro Computer . Around the same time the fund picked Eaton, Ocean Park also was buying Vertiv. On Tuesday, Loop Capital analysts put a $1,500 target on Super Micro. Having three stocks in the portfolio perform like Eaton, Vertiv and Super Micro may be a once in lifetime event. Jean-Jacques said the firm has about 40 long positions in its biggest fund, the Ocean Park Omaha Dislocation Fund.
Persons: J, Dennis Jean, Jacques, Jean, Eaton, FactSet, Dave Cote Organizations: Investments, Chief, Nvidia, Devices, CNBC, Micro, International Energy Agency, Whirlpool, Loop Capital, JPMorgan, Ocean, Honeywell Locations: Vertiv, Eaton, Columbus, Westerville , Ohio, San Jose , California, Omaha
Lower-income workers without a college degree could be at the most risk of AI job replacement. AdvertisementNothing is certain about the future of AI technologies, but three things are becoming more clear. That said, if and when some AI job replacement does come, some workers could be more at risk than others. Conversely, 17% of high school graduates had jobs with high AI exposure, and 14% had jobs with both high AI exposure and low performance requirements. Re-training workers who lose their jobs due to AI could help move the needle in a more positive direction.
Persons: , It's, Angus Deaton, Deaton, he's Organizations: Service, of Economic Advisors, Walmart, Target Locations: China
Eaton and DuPont are both unconventional AI plays, as the data center market grows to meet the demands of the generative AI boom. Wells Fargo Investment Institute last month described rising data center demand as having positive "trickle-down effects" on the industrial sector. WFII wrote that spending from Big Tech firms into data centers, in particular, creates "meaningful downstream impacts" for industrial companies. Amazon Web Services is reportedly investing nearly $150 billion in data centers within the next 15 years to support AI efforts. During a Barclays investor conference in February, CFO Lori Koch said DuPont's data center and AI exposure will help boost the company's electronics business.
Persons: Eaton, Jensen Huang, Huang, chipmaker, Sameer Samana, WFII, Jim Cramer, Eaton's, DuPont, Lori Koch, Koch, Jim Cramer's Organizations: The, DuPont, Club, Nvidia, Wells, Wells Fargo Investment Institute, CNBC, Big Tech, , Microsoft, Services, McKinsey, workloads, Electrical, Management, Barclays, Wall Street, RBC Capital Markets, Eaton, RBC, U.S, De Nemours, DuPont's Electronics, Semiconductor Technologies, DuPont's Semiconductor Technologies, Jim Cramer's Charitable Locations: Wells Fargo, U.S, Eaton, China
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. "I don't trust this market," Jim Cramer said. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .
Persons: Jim Cramer, Jim, Eaton, Jim Cramer's Organizations: CNBC, Dow, Nasdaq, Wall Street, RBC Capital Markets Locations: Eaton
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. During the Club's Morning Meeting, Jim Cramer said he's monitoring the potential impact of the massive earthquake in Taiwan on semiconductor production there. Jim Cramer called Eaton the "most megatrend big cap story there is," citing positives for the company from industrialization and artificial intelligence. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .
Persons: Jim Cramer, Eaton, Jim, Procter, Estee Lauder, Jim Cramer's Organizations: CNBC, ADP, Treasury, Wall, Barclays, Procter, Gamble, JPMorgan Locations: Taiwan
A Wall Street firm on Tuesday struck a favorable chord on a trio of industrial holdings, reaffirming the Club's forecast for upside in shares of Stanley Black & Decker and Honeywell International . In light of the upbeat Barclays note, here's a closer look at where analysts and the Club stand on Eaton, Stanley Black & Decker and Honeywell. Barclays argued the worst is likely behind Stanley Black & Decker's crucial tools business, which is in the midst of 11 consecutive quarters of volume declines. Our price target on the stock is $110 per share, which we set after its quarterly earnings results in August. The Club reaffirmed our buy-equivalent 1 rating and price target after the company's Feb. 1 quarterly earnings release .
Persons: Stanley Black, Decker, Eaton, here's, Jim Cramer, … Eaton, We've, Jim, Vimal Kapur, Kapur, Jim Cramer's, Daniel Barry Organizations: Stanley, Honeywell International, Barclays, Honeywell, Eaton, Bloomberg News, CNBC, Bloomberg, Getty Locations: Eaton, Tuesday's, SWK, Morristown , New Jersey
The hikes also sweeten the potential total return for their stocks at a time when some Wall Street strategists are shining a light on that performance metric. That performance metric captures not just stock price moves but also gains from reinvested dividends. The difference between stock price performance and total return can be substantial, underscoring the benefits of reinvesting dividends. Consider that over the past 10 years, Linde's stock price has climbed 260%, according to FactSet. Eaton's stock price has climbed 321% over the past decade while its total return is 462%.
Persons: Savita Subramanian, Jim Cramer's, Eli Lilly, Linde, Stanley Black, Decker, Jim Cramer, Jim, Spencer Platt Organizations: Disney, TJX Companies, . Eaton Corp, Linde, DuPont de Nemours, Coterra, Procter, Gamble, Bank of America, Meta, Alto Networks, Bausch Health, Abbott Laboratories, Broadcom, Costco Wholesale, Ford Motor, Nvidia, Apple, Costco, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: Cincinnati, New York City
COST 5Y mountain Costco's stock performance over the past five years. DHR 5Y mountain Danaher's stock performance over the past five years. ETN 5Y mountain Eaton Corp.'s stock performance over the past five years. "The megatrends are real serious, and [Eaton] is a real serious company," Jim said. TJX 5Y mountain TJX Companies' stock performance over the past five years.
Persons: Jim Cramer, Jeff Marks, Morgan Stanley, Wall, Beijing's, Jim, Eaton, Linde, Lilly's, Eli Lilly, We've, Zepbound, Mark Zuckerberg's, Mark Zuckerberg, OpenAI, Copilot, management's, Nvidia, TJ Maxx, TikTok, Gen Zers, TJX, Jim Cramer's, Satya Narayana Nadella, Lucas Jackson Organizations: GE Healthcare, Meta, Microsoft, Johnson, Natural Resources, Starbucks, Apple, Apple Music, Services, Amazon, Amazon Web Services, Prime, Costco, Danaher, Eaton Corp, Investors, GE, LIN, Novo Nordisk's Wegovy, Novo Nordisk, Management, Nvidia, TJX Companies, Marshalls, CNBC Locations: Eaton, China, Manhattan, New York City
It's been a great month for Eaton stock. The power management company notched a series of record highs during a lengthy post-earnings rally that saw shares surge 17% in February. They include infrastructure spending, further artificial intelligence adoption necessitating the construction of more data centers, the acceleration of the transition to clean energy, and the rise of nearshoring and onshoring. The semiconductor giant's results highlighted strength and demand for data centers — a big part of Eaton's overall business and sales. AI data centers require lots more electrical components, which will likely show up on Eaton's order book down the line.
Persons: It's, what's, Eaton, Joe Biden's, Jim Cramer's, Jim Cramer, Jim, Brendan McDermid Organizations: Eaton, Infrastructure Investment, Jobs, Nvidia, CNBC, Traders, New York Stock Exchange Locations: Eaton
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Jim Cramer said Nvidia is just "scratching the surface" of U.S. companies it can serve, not to mention the potential business from international companies and governments. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Eaton, pare, Jim Cramer's, Jim Organizations: CNBC, Nasdaq, Nvidia, Big Tech, Broadcom, Palo Alto Networks, Palo Locations: North America, billings
Some of Amazon's spending is likely to go toward its custom AI chips, known as Trainium and Inferentia. But the Seattle-based tech giant also buys Nvidia chips. On Thursday's post-earnings call, CEO Andy Jassy said AWS offers the "most expansive collection of compute instances with Nvidia chips." Alphabet's spending on AI chips has typically been split between its custom chips designed in partnership with Broadcom, known as Tensor Processing Units (TPUs), and Nvidia's offerings. Including networking products that stitch together parts of the data center, about 15% of Broadcom's semiconductor revenue was tied to generative AI spending in fiscal 2023.
Persons: Eaton, Brian Olsavsky, FactSet, Amazon's capex, Andy Jassy, Meta's capex, Susan Li, Li, Mark Zuckerberg, Zuckerberg, Meta, it's, , Amy Hood, It's, chatbot ChatGPT, AMD's, Ruth Porat, Porat, Jim Cramer's, Jim Cramer, Jim, Florian Gaertner Organizations: Big Tech, Nvidia, Broadcom, Eaton, Microsoft, Meta, Google, Web Services, Facebook, Devices, OpenAI, supercomputing, TPUs, CNBC, YouTube, Photothek, Getty Locations: Eaton, Seattle
Of the 18% that have actually started construction, Eaton has seen a strong win rate of approximately 40% for its electrical equipment. Electrical Americas achieved all-time record sales, profit, and margins with broad base growth in nearly all its end markets. Electrical Global also achieved record sales and profits as organic growth increased 4% year over year, a nice pickup from the flat third quarter. Both book-to-bill ratios are above 1.1, indicating strong growth for the future. By end market, Eaton expects Electricals Americas organic growth of 9% to 11% with operating margins around 26.8% to 27.2%.
Persons: Eaton, Jim Cramer's, Jim Cramer, Jim Organizations: Revenue, LSEG, Electrical, Electrical Global, It's Aerospace, Boeing, Aerospace, Jim Cramer's Charitable, CNBC, Eaton Corporation, NYSE Locations: North America
(Luca) Jim Cramer: I am getting over the pain of Morgan Stanley but not the simmering anger. Jeff Marks: A general rule of thumb is look for a pullback of about 3% to 5% to put some on. Jeff Marks: You should do what you are comfortable with but a general rule of thumb is five to ten. (Austin) Jim Cramer: We made a nice sale in CAT, sold half of the position. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Jim Cramer's, Jeff Marks, Brian, Jim Cramer, Eaton, There's, Jim, Morgan Stanley, gravitating, Goldman Sachs, Ted Pick, Luca, Eli Lilly, Jenny, I'm, We've, Palo, Dan, I've, Max, Carly Garner, CTRA, We're, we'd, Ford, Estee Lauder, Kimberly, didn't, , Mike, that's, Austin, it's, Jim Umpleby, Bill, Jason Robins, Jason, DraftKings, They're, Sandy, WYNN Organizations: Investing Club, Abbott Laboratories, Wealth Management, Disney, Fed, Palo Alto Networks, Microsoft, Nvidia, Nasdaq, Club, Energy, Ford, Bronco, CME Fed, Caterpillar, China, Wynn Resorts, DuPont, CNBC Locations: IPOs, New York City, Palo Alto, China, California, Texas, Macao
Investors betting on another strong year for gold may want to look at an obscure part of the market: gold streaming and royalty companies. "The profitability of the gold companies wasn't keeping pace with the rise in the gold price." MacRury echoed this sentiment, pointing to historical context as a reason he believes gold prices could hurtle towards new highs. "Past easing cycles over the last 20+ years have corresponded with strong gold prices, and we expect to see gold set new record highs in 2024," he wrote. Shares of Royal Gold popped 7% in 2023, but are down more than 10% in the past 12 months.
Persons: Carey MacRury, Adam Rozencwajg, Canaccord's, Rozencwajg, it's, MacRury, Leigh Goehring, Osisko Organizations: Barrick, CNBC, Royal, Miners, Royal Gold, Barrick Gold, Federal Reserve, Franco, Wheaton Precious Metals Locations: Newmont, Franco, Nevada, Brazil, Russia, China, India, Panama, Wheaton, U.S
In fact, "data centers are taking a disproportionate amount of incremental capacity being added by electrical equipment manufacturers." Much of the energy data centers consume is used to train AI models as well as to run them. Natural resources, power supply, funding — the necessities that allow for the existence of the data centers — aren't exactly infinite. The company's business took off last year as data centers began to need more electrical equipment capacity and generated more heat. JPMorgan has a neutral rating on GE with a $124 price target, 5.5% below the stock's Monday close.
Persons: Andrew Obin, Stephen Tusa, Obin, It's, TD Cowen, Michael Elias, Tusa, Eaton, hasn't, Elias, I've, Hubbell, repurposing, Martyn Briggs Organizations: Nvidia, Bank of America, JPMorgan, General Electric, Hubbell Power Systems, U.S . Department of Energy, Google, Oracle, Microsoft, Power, Bloomberg, Energy, GE, Dominion Energy, Dominion Locations: Eaton, BofA, U.S, Northern Virginia, FactSet
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. The analysts said that buy-side expectations for the iPhone maker are below consensus, meaning in-line quarterly results could be solid enough to drive Apple shares higher. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Dow, Mark Zuckerberg, Eaton, Goldman Sachs, preorders, Jim Cramer's, Jim Organizations: CNBC, Nasdaq, Big Tech, Meta, Nvidia, Broadcom, VMware, Goldman, Apple, Vision
Meta Platforms is planning to pay Nvidia billions of dollars this year for its cutting-edge AI technology. Nvidia's stock has been off to a blistering start this year, up more than 20%, including a 3% gain Friday. Estimates on Nvidia's share of the AI training market vary, but is generally thought to be well above 80%. Still, Nvidia's stock more than tripled in 2023, leading the S & P 500, and has so far been a big winner in 2024. As Meta secures more AI chips, they will be placed in data centers where their computational capabilities will be utilized.
Persons: Mark Zuckerberg, Zuckerberg, Meta, they've, Jim Cramer, Wells, Wells Fargo, Aaron Rakers, Jim, Eaton, We've, Jim Cramer's, Facebook Mark Zuckerberg, Kenzo Tribouillard Organizations: Nvidia, Taiwan Semiconductor Manufacturing Company, Taiwan Semi, Meta, Apple, Facebook, Reality Labs, Eaton Corp, CNBC, European Commission, AFP, Getty Locations: Taiwan, Wells Fargo, Brussels
The man charged with shooting three college students of Palestinian descent in Vermont last weekend was accused several years ago of harassing an ex-girlfriend in New York state, but no charges were ever filed, according to a police report. The woman said Eaton had driven his pickup truck by her home that evening and a second time while she was talking to the police officer. The officer told Eaton that the woman wanted absolutely no contact with him and he said he understood, according to police. Authorities say he shot and seriously wounded the three college students in Burlington on Saturday evening as they were walking near the University of Vermont. Eaton had moved to Vermont this summer from the Syracuse, New York, area, according to Burlington police.
Persons: Jason J, Eaton's, Eaton, Matthew Malinowski, Malinowski, Jeff Eller, he’d, Rania Ma’ayeh, , Ali Ahmad, Ma’ayeh, Michael Casey Organizations: The Associated Press, NBC News, Police, University of Vermont, Burlington police, Financial, Ramallah Friends School, West Bank, Brown University, Abdalhamid, Haverford College, Trinity College in, Associated Press Locations: Vermont, New York, Dewitt , New York, Syracuse, Eaton, Burlington, Syracuse , New York, California, Ramallah, Pennsylvania, Trinity College in Connecticut, Boston
BURLINGTON, Vt. (AP) — Vigils for three college students of Palestinian descent who were shot in Vermont over the weekend prompted calls for authorities to recognize the violence as a hate crime, and for unity among the Jewish and Arab communities. One vigil was held Monday night at Brown University in Rhode Island, where one of the victims, Hisham Awartani, is a student. Eaton moved to Burlington over the summer from Syracuse, New York, and legally purchased the gun used in the shooting, Murad told reporters. Eaton came to the door holding his hands, palms up, and told the officers he’d been waiting for them. Sarah George, state’s attorney, said that law enforcement officials do not yet have evidence to support a hate crime charge, which under Vermont law must be proven beyond a reasonable doubt.
Persons: Jason J, Eaton, General Merrick Garland, , Hisham Awartani, Christina Paxson, Brown, Robert Leikend, , Awartani, Kinnan, Tahseen Ali Ahmad, Jon Murad, Abdalhamid, Murad, “ I’ve, I’ve, Rich Price, Awartani's, Rania Ma’ayeh, Ali Ahmad, Ma’ayeh, Abdalhamid’s, Radi Tamimi, we’re, he’d, Mary Reed, Matthew Malinowski, Sarah George, Holly Ramer, Kathy McCormack, Lindsay Whitehurst, David Sharp Organizations: U.S . Department of Justice, Hamas, Brown University, American Jewish Committee, NBC News, West Bank, Police, University of Vermont Medical Center, Ramallah Friends School, Haverford College, Trinity College in, Daily, Syracuse, Associated Press Locations: BURLINGTON, Vt, Vermont, Burlington, Israel, Rhode Island, Robert Leikend , New England, , Ramallah, Brown, Pennsylvania, Trinity College in Connecticut, Syracuse , New York, U.S, Gaza, Concord , New Hampshire, Washington, Portland , Maine
A Palestinian student was shot in Vermont after his father told him to stay in the US, per NPR. His father said he thought he would be safer in the US than in the West Bank, his mother told NPR. AdvertisementA Palestinian student who was shot in Vermont was told by his father to stay in the US because he thought he would be safer, according to NPR. My husband "thought our son would be safer [in the US] than in Palestine," Elizabeth Price told the outlet. Awartani, a mathematics and archaeology student at Brown University, was one of the three Palestinian students shot on Saturday in Burlington, Vermont, as Business Insider previously reported .
Persons: Hisham Awartani, , Elizabeth Price, Awartani, Price, Jason James Eaton, Tahseen Ahmed, Kinnan Abdalhamid, Eaton's, Nikolas Kerest, Miro Weinberger, Albany Organizations: NPR, West Bank, Service, West Bank for, Brown University, Business, Authorities, Chittenden, Burlington Police, Burlington Police Department, United States Bureau of Alcohol, Tobacco, Firearms, Explosives, FBI, Violence, Force, District of, Burlington Locations: Vermont, Burlington, Palestine, Burlington , Vermont, Chittenden, District of Vermont
We are shifting our industrial exposure Tuesday afternoon by selling Emerson Electric on its slight gain and buying Eaton on today's dip. Historically when the market is overbought, we are hesitant about putting new money to work because an overbought market suggests the market has run up too far too fast and needs to digest gains. But selling one stock to buy another else keeps us cash neutral. We realize a loss of about 8% on Emerson stock purchased in December 2022. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Jim Cramer, Eaton, Emerson, Jim Cramer's, Jim, Spencer Platt Organizations: Emerson Electric, ETN, Emerson, CNBC, Traders, New York Stock Exchange, Getty Locations: Eaton, Eaton's, New York City
The Burlington Police Department said it arrested a suspect in the shooting of three students of Palestinian descent. The students were shot and wounded near the University of Vermont Saturday night, police said. Two of the three 20-year-old men are in stable condition, while the other is facing more serious injuries, according to a police report. "On Sunday afternoon, at approximately 1538 hours, ATF [Bureau of Alcohol, Tobacco, Firearms and Explosives] agents who were conducting a canvass at the location of the shooting encountered and detained Jason J. Eaton, 48. — Matt Clinch
Persons: Jason J, Eaton, Detectives, Sarah George, Eaton's, — Matt Clinch Organizations: Burlington Police Department, University of Vermont, ATF, Alcohol, Tobacco, Firearms, Explosives, United States, District of Locations: District of Vermont, Chittenden
Total: 25