NYSE:CARR 7 January 2026

Vertiv stock (VRT) whipsaws after Nvidia CES cooling claim; earnings next in focus

Vertiv shares closed up 0.6% at $174.95 after dropping as much as 6.6% intraday, following Nvidia CEO Jensen Huang’s comment that new Rubin chips need “no water chillers.” Johnson Controls fell 6.2% and Trane dropped 2.5%. Barclays said Vertiv and nVent are better positioned in liquid and precision cooling. About 7.8 million Vertiv shares traded.

7 January 2026

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Kuwait Refinery Hit Amid Iran-Israel Conflict Affecting Gulf Energy Supplies
March 20, 2026, 8:05 AM EDT. A fire at Kuwait's Mina Al-Ahmadi oil refinery followed another drone strike linked to Iran, intensifying concerns over Gulf energy infrastructure amid regional conflict. The incident occurred a day after Qatar's Ras Laffan facility was targeted. Iran pledged retaliation following an Israeli strike damaging its South Pars gas field, a key energy source. Israeli Prime Minister Benjamin Netanyahu claimed victory against Iran, signaling the conflict's potential end but hinted at a possible ground offensive. Iranian officials maintained missile production despite ongoing bombardments. The war dampened New Year celebrations across Iran and the Gulf, with Tehran still facing Israeli bombardments. The escalating attacks threaten significant disruption to oil and gas supplies flowing through the strategic Strait of Hormuz, crucial for global energy markets.