Vertiv (VRT) stock drops 7% as tech traders turn picky on AI data-center plays
Shares of Vertiv Holdings fell about 7% on Thursday, trading near $159.55 and sliding as low as $158.78 after opening around $171.26.
Applied Digital stock jumps as AI data center revenue tops estimates and new hyperscaler talks surface
Applied Digital shares rose 8.2% to $31.99 in afternoon trading on Thursday after the data-center operator posted a sharp rise in quarterly revenue. The stock hit a session high of $35.44 and about 70 million shares had traded.
IREN stock jumps nearly 8% as AI data-center trade returns; earnings are the next test
Shares of IREN Ltd rose $3.37, or 7.7%, to $46.99 in afternoon trading on Thursday. The Nasdaq-listed stock swung between $42.69 and $47.57.
Why IREN stock is rising today: AI data-center optimism lifts the bitcoin miner-turned-cloud play
Shares of IREN Ltd climbed about 4.3% to $45.49 on Thursday, as investors returned to data-center names tied to artificial intelligence computing demand. The stock touched a session high of $45.49 after dipping as low as $42.69.
Applied Digital stock jumps after Q2 revenue triples, as new hyperscaler talks drive AI data-center push
Applied Digital shares rose about 7% in extended trading on Wednesday after the data-center operator reported fiscal second-quarter revenue above Wall Street estimates, buoyed by demand for facilities built for artificial-intelligence workloads. It posted revenue of $126.6 million for the quarter ended Nov. 30, beating analysts’ estimate of $88 million, LSEG data showed. Reuters
APLD stock slips premarket after Applied Digital’s Q2 results, AI data-center buildout in focus
Applied Digital’s shares slipped 2% to $29.56 in premarket trading on Thursday after the company reported quarterly results and updated investors on its AI data-center buildout.
Lumentum stock whipsaws near $400 as AI data-center trade heads for Feb. 3 earnings
Lumentum Holdings Inc shares fell 1.2% on Wednesday and were little changed in after-hours trade, the session after the 4 p.m. close, after swinging between $365.47 and $402.66 in the regular session. The stock ended at $392.80 and last traded at $392.70 late after-hours, a day after rising 11.3%.
Applied Digital (APLD) stock jumps after revenue beat as AI data-center leases pile up
Applied Digital shares rose about 7% in after-hours trading on Wednesday after the data center operator posted quarterly revenue that beat Wall Street estimates, helped by demand for capacity used to train and run AI models. The company reported fiscal second-quarter revenue of $126.6 million for the period ended Nov. 30, versus analysts’ estimate of $88 million, according to LSEG data. Reuters
China pauses Nvidia H200 AI chip orders as CES 2026 fuels data-center rush
Beijing has asked some Chinese tech companies to halt orders for Nvidia’s H200, a high-end graphics processing unit used to train and run AI models, the Information reported, citing people familiar with the matter. The move came as China weighs whether — and on what terms — it will allow access to the chips, the report said. “China is committed to basing its national development on its own strengths,” said Liu Pengyu, a spokesperson for the Chinese Embassy in the United States. Reuters
Johnson Controls (JCI) stock slides 6% after Nvidia’s “no water chillers” line jolts data-center cooling trade
Johnson Controls International plc shares closed down 6.2% at $113.95 on Tuesday after Nvidia CEO Jensen Huang said the chipmaker’s next platform would sharply reduce the cooling equipment needed in data centers. The stock was down as much as 7.5% earlier in the session and hit a multi-month low.
Trane Technologies (TT) stock slides after Nvidia says “no water chillers” needed for data centers
Trane Technologies plc shares closed down 2.5% on Tuesday at $381.10 and were steady in after-hours trading. The move followed comments from Nvidia CEO Jensen Huang that next-generation chips would reduce cooling requirements in data centers, the buildings that house computer servers. Reuters
Marvell stock slides after $540 million XConn deal as MRVL doubles down on AI data-center switching
Marvell Technology shares fell 2.2% to $88.23 on Tuesday, even as U.S. stocks ended higher, after the chipmaker agreed to buy networking technology firm XConn Technologies for about $540 million. The stock was little changed in after-hours trading. MarketWatch
Lumentum stock spikes 11% as AI data-center trade rebounds; Feb. 3 earnings loom
Shares of Lumentum Holdings Inc were up 11.3% at $397.42 in after-hours trading on Tuesday, after swinging between $340.46 and $399.50 during the session.
Johnson Controls (JCI) stock slides after Nvidia’s CES cooling claim spooks data-center bulls
Johnson Controls International fell 5.5% to $114.79 in afternoon trading on Tuesday after Nvidia CEO Jensen Huang said the chipmaker’s next-generation Vera Rubin platform could sharply reduce cooling needs in data centers and that “no water chillers are necessary for data centres.” The stock has traded between $108.41 and $120.39, and other heating, ventilation and air-conditioning names also weakened. Barclays analysts led by Julian Mitchell said investors “should not take their comments lightly” and estimated data centers account for a low-double-digit share of Johnson Controls’ sales. Reuters
Cipher Mining (CIFR) stock slides in U.S. session as miner taps veterans for AI data-center push
Shares of Cipher Mining Inc fell about 4% in afternoon trading on Tuesday after the bitcoin miner said it hired two industry veterans as it pushes further into artificial intelligence data centers and high-performance computing. The stock was down 3.9% at $17.46, with more than 20 million shares traded. markets.businessinsider.com
Modine (MOD) stock falls as Nvidia Rubin cooling remarks rattle data-center suppliers
Modine Manufacturing shares fell 7.0% to $130.57 on Tuesday after Nvidia CEO Jensen Huang said the chipmaker’s Rubin platform can run without water chillers, sparking a selloff in data-center cooling suppliers. The stock, which closed at $140.44 on Monday, earlier slid as much as 21% to $111.21. Nasdaq
Marvell stock whipsaws after $540 million XConn deal puts AI data-center switching in focus
Marvell Technology, Inc. said on Tuesday it will acquire XConn Technologies for about $540 million, a bet on the high-speed links that stitch together AI data centers. Marvell shares were down about 1.1% at $89.26 after earlier rising as much as 4.3% and then turning lower.
Sandisk stock surges 22% on AI data-center SSD boom — but valuation doubts grow
Sandisk Corp shares were up about 22% at $335 on Tuesday after touching an intraday high of $337.51, extending a sharp rally in flash-memory and storage stocks tied to artificial intelligence data centers.
Jabil stock slides on Hanley Energy buy: what the $725 million AI data center deal means for JBL
Shares of Jabil Inc fell about 7% on Monday after the electronics manufacturing services provider said it had completed its purchase of data center power specialist Hanley Energy Group. The stock was down 7.3% at $222.90, after swinging between $248.88 and $222.86. Business Wire
Barclays upgrades Vertiv and this data center stock jumps 8% — what traders watch next
Vertiv Holdings, a supplier of power and cooling equipment used in data centers, closed Friday up 8.4% after Barclays upgraded the stock to overweight, meaning it expects the shares to outperform. “The recent volatility in the stock has created an attractive entry point,” Barclays analyst Julian Mitchell wrote. Barron's
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