AI and data centers are reshaping the energy landscape and market participants are scrambling to meet skyrocketing power ...

Carrier Global overcame weaker demand for refrigeration units from the North American trucking sector to post higher profit and sales in the fourth quarter of 2024, the company said Feb. 11.

According to a new report, growth in electricity demand from AI data centers can largely be met with existing resources, ...

This grandest of Meta’s 20 worldwide data centers, this project is called Sucre, and will feature a 4 million square ...

Environmentalists are concerned because more data centers mean an increased strain on power and water supplies.

Daikin’s US residential business also faces downward pressure if US real estate sales decline protracts. Although Goodman has a weaker brand position than American peers, we expect the company’s ...

Michigan lawmakers pass tax breaks for data centers, raising concerns about AI's environmental impacts and climate plan.

Johnson Controls reported adjusted fiscal first-quarter earnings per share of 64 cents. Wall Street was looking for 59 cents.

Modine increased its fiscal 2025 data center sales growth forecast to 110%-120%, following 69% growth in the previous year. Brinker stated confidence in meeting market demands for advanced AI ...

Legacy Ingersoll Rand's climate segment was renamed Trane Technologies. We had long viewed legacy Ingersoll Rand's climate business as more attractive than its industrial segment because the former ...

Trane Technologies on Wednesday beat Wall Street estimates for fourth-quarter revenue and profit, helped by rising demand for heating and air-conditioning for commercial buildings.

The rise of Generative AI, from tools like ChatGPT to a new wave of AI tools, is reshaping technology demands, driving a ...