NYSE:TT - New York Stock Exchange, Inc. - IE00BK9ZQ967 - Common Stock - Currency: USD
Tariffs on metal imports create opportunities in ETFs focused on U.S. steelmakers. Top picks are VanEck Steel, SPDR S&P Metals & Mining, and Global X U.S. Infrastructure Development ETF.
Heating, ventilation, air conditioning, and refrigeration company Carrier Global (NYSE:CARR) will be announcing earnings results tomorrow before the bell. Here’s what investors should know.
Even if they go mostly unnoticed, industrial businesses are the backbone of our country. But they are at the whim of volatile macroeconomic factors that influence capital spending (like interest rates), and the industry has underperformed the market over the past six months as its 12.6% return lagged the S&P 500 by 3.4 percentage points.
Shares of HVAC company Trane (NYSE:TT) fell 8.6% 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 that ranks competitively on key global benchmarks, uses less advanced semiconductor chips, costs significantly less to build, and has already achieved strong adoption after topping the iPhone Play Store for AI apps. TT in particular supplies HVAC (heating, ventilation, air conditioni
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