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nVent Electric posts record sales with strong AI data center demand, raising price targets and expanding capacity.

Market News
03 Aug 2026
Andrew Wynn
View Source
Bullish
pluang ai news

nVent Electric reported a 53% sales increase to $1.47 billion in Q2, driven by high demand in AI data centers and infrastructure. Analysts upgraded the stock with a price target raised from $190 to $215, reflecting strong growth potential. The company plans to build a new facility to expand liquid-cooling capacity, aiming to convert its $2.60 billion order backlog into future revenue. This expansion supports nVent's confidence in raising its full-year sales and earnings outlook amid robust market demand.

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Amundi repurchases 200,000 shares at an average price of €90.90 in late July 2026.

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Amundi conducted a share buyback program from July 27 to July 31, 2026, repurchasing a total of 200,000 shares. The average purchase price during this period was €90.90 per share. This move is part of Amundi's ongoing strategy to manage its capital s...

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Coface SA reports total shares and voting rights as of July 31, 2026

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Coface SA announced the total number of shares and voting rights composing its share capital as of July 31, 2026. The company has 150,179,792 shares and an equal number of theoretical voting rights, with 149,566,295 exercisable voting rights after de...

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Coface SA reports total shares and voting rights as of July 31, 2026, confirming capital structure.

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Linde's Q2 sales hit $9.3B with strong earnings; analyst sets $564 price target.

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Linde reported record Q2 sales of $9.3 billion, a 9% increase year-over-year, and adjusted earnings per share rose 10% to $4.50, surpassing expectations. Growth was driven by higher prices, volume gains, and strong electronics sector sales, supported...

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