The Latest Breaking News from Vertiv

As electricity demand surges, straining the already-stretched electrical grid, here are five top-notch stocks that Bank of America believes could benefit from this skyrocketing demand.

Picking the winners in the AI race is not an easy task. There are few small companies that are pure AI plays, and the large companies like Microsoft and Alphabet that are big players in AI also have enormous non-AI related business. But, there are some almost “pure play” AI…

Vertiv Holdings Co (NYSE:VRT) and Elea Digital partner to deliver edge data center services in Brazil. The partnership aims at maintaining market growth rates across a continent-wide geographical footprint. Vertiv will provide operation and maintenance services for Elea Digital data centers in key metro areas, including Porto Alegre, Curitiba, and Brasilia. Vertiv's…

Vertiv Holdings Co (NYSE:VRT) reported fourth-quarter sales growth of 8% year-over-year to $1.41 billion and 3.9% on an organic basis, missing the consensus of $1.42 billion. Sales by segments: Americas $583.9 million (+4.8% Y/Y), APAC $458.9 million (+3.8% Y/Y) and EMEA $367.7 million (+20% Y/Y). The company recorded an operating loss of $(3.9)…