Vertiv Holdings announced it will acquire UtilityInnovation Group (UIG) for approximately $1.45 billion in cash, with potential additional payments up to $1.15 billion based on performance targets. This acquisition expands Vertiv's portfolio to include microgrid controls, onsite generation orchestration, and behind-the-meter power architecture, helping data centers overcome power constraints and accelerate deployment. The deal is expected to close in Q4 2026 and to be accretive to Vertiv's earnings within the first year. This strategic move positions Vertiv to support AI data centers with more flexible, efficient, and resilient power solutions from grid interconnect to chip level.
Vertiv Holdings Co announced a quarterly cash dividend of $0.0625 per share for its Class A common stock. The dividend will be paid on September 24, 2026, to shareholders recorded by the close of business on September 14, 2026. This dividend reflects...
GE Vernova's stock fell 3% following the announcement of a CFO succession plan involving Claire McDonough from Rivian, despite strong Q2 results and raised revenue guidance. Peers Vertiv Holdings and Eaton showed little change, indicating the drop is...
The VistaShares Artificial Intelligence Supercycle ETF (AIS) has outperformed the Invesco QQQ Trust (QQQ) significantly, gaining 85.23% year-to-date compared to QQQ's 17.39%. Unlike QQQ, which heavily weights Nvidia, AIS holds Nvidia at just 2.5% and...
