Today: 20 March 2026
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NYSE:JCI 6 January 2026 - 5 February 2026

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

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.
Johnson Controls (JCI) stock slides 6% after Nvidia’s “no water chillers” line jolts data-center cooling trade

Johnson Controls (JCI) stock slides 6% after Nvidia’s “no water chillers” line jolts data-center cooling trade

Johnson Controls shares fell 6.2% to $113.95 after Nvidia CEO Jensen Huang said new chips could sharply reduce data-center cooling needs. Trane dropped 2.5% and Carrier slipped 0.5%. Barclays estimates data centers are a low-double-digit share of Johnson Controls’ sales. Investors now await CES updates, U.S. jobs data, and Johnson Controls’ Feb. 4 results.
Dow nears 50,000 as Nvidia CES remarks ignite SanDisk, Micron surge and lift Wall Street

Dow nears 50,000 as Nvidia CES remarks ignite SanDisk, Micron surge and lift Wall Street

The Dow hit a record high Tuesday, rising 1.02% to 49,476.54 as chip and healthcare shares led gains. SanDisk surged 23% on AI hardware optimism tied to CES, while Johnson Controls fell 7.5% after Nvidia’s chip announcement. Investors monitored U.S. jobs data and Fed signals following gaps caused by last year’s federal shutdown.
Johnson Controls (JCI) stock slides after Nvidia’s CES cooling claim spooks data-center bulls

Johnson Controls (JCI) stock slides after Nvidia’s CES cooling claim spooks data-center bulls

Johnson Controls International shares fell 5.5% to $114.79 Tuesday after Nvidia CEO Jensen Huang said new chips could sharply reduce data-center cooling needs. Barclays warned HVAC stocks are exposed, noting data centers make up a significant share of JCI’s sales. Other HVAC names also declined. JCI’s next earnings update is due in early February.
Dow Jones today: Record highs hold as investors brace for Friday jobs report

Dow Jones today: Record highs hold as investors brace for Friday jobs report

The Dow Jones Industrial Average rose 0.9% Tuesday, nearing the 50,000 mark, led by gains in UnitedHealth and Amazon. S&P 500 and Nasdaq each added about 0.5%. Traders looked ahead to Friday’s U.S. jobs report for signals on Federal Reserve rate moves. Richmond Fed President Thomas Barkin said future rate changes will depend on incoming data.

Stock Market Today

  • Kennametal (KMT) Valuation Examined After Recent Share Price Decline
    March 20, 2026, 3:19 AM EDT. Kennametal (KMT) shares fell about 9% last week and 10% over the month following a strong 22% gain in three months. Despite a 67.9% total shareholder return over one year, recent pullbacks raise questions on future growth prospects. The stock trades slightly below analyst targets but well below some intrinsic value estimates, with a fair value around $37.13 versus a $35.18 close. Cost-cutting efforts, including $125 million in expected savings by fiscal 2028, aim to improve margins. However, risks include persistent weak demand and potential delay in realizing efficiencies. Investors should weigh these factors carefully amid mixed market signals and consider alternative industrial exposure opportunities.
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