Honeywell International reported strong Q2 earnings with EPS of $1.95, beating estimates by 8.33%, and revenue of $5.19 billion, surpassing expectations by 4.19%. The company has transitioned into a pure-play automation firm after spinning off its Aerospace division, driving 4% organic sales growth in its automation segments. This solid performance led Honeywell to raise its full-year financial outlook, signaling confidence in its automation-focused strategy.
The global gas separation membranes market is expected to grow from $1.5 billion in 2025 to $2.5 billion by 2031, at a 9.1% CAGR, fueled by rising demand for green hydrogen production and carbon capture technologies. Asia-Pacific leads with 43.5% mar...
Jim Cramer warns that the AI stock trade has become too unpredictable and suggests investors should temporarily move their money into high-quality companies outside the technology sector, such as Goldman Sachs, Wells Fargo, FedEx, Honeywell, and Boei...
