Data center cooling demand will outlast AI bubble, Ecolab says [Yahoo! Finance Canada]
Ecolab Inc. (ECL)
Last ecolab inc. earnings: 4/28 08:30 am
Check Earnings Report
US:NYSE Investor Relations:
investor.ecolab.com
Company Research
Source: Yahoo! Finance Canada
Ecolab Inc., which agreed last week to buy CoolIT Systems Inc. from funds managed by KKR & Co., expects revenue in its data center business to keep growing at least 20% a year “for the foreseeable future,” said Josh Magnuson, the company's general manager for global water solutions. That's because demand for computing power keeps going up and older facilities will need to be overhauled to meet the needs of newer chip models, he said. The AI boom has fueled huge investments in infrastructure and boosted valuations of some tech companies into the trillions of dollars. While the technology is improving and gaining traction with businesses and consumers, it's still unclear what the return on investment will be. “If there's an AI bubble or not, I don't think it matters,” Magnuson said in an interview at Bloomberg's Chicago office. “Whether it's a AI bubble or a lot of little bubbles that pop, the overall demand curve is going to continue to move forward regardless.” Data centers are
Show less
Read more
Impact Snapshot
Event Time:
ECL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ECL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ECL alerts
High impacting Ecolab Inc. news events
Weekly update
A roundup of the hottest topics
ECL
News
- Is Ecolab (ECL) The Best Under-The-Radar AI Stock to Buy Now? [Yahoo! Finance]Yahoo! Finance
- Some cried. Others were speechless. How front-line workers walked away with checks averaging $240,000, nearly equal Wall Street bonuses, when KKR sold their company [Yahoo! Finance]Yahoo! Finance
- Some cried. Others were speechless. How front-line workers walked away with checks averaging $240,000 when KKR sold their company [Fortune]Fortune
- How Investors Are Reacting To KKR (KKR) Record Fundraising, Arctos Deal And New Platform Push [Yahoo! Finance]Yahoo! Finance
- Ecolab Details $4.75B CoolIT Deal, Targets Q3 2026 Close and 20%+ Margins by 2027 [Yahoo! Finance]Yahoo! Finance
ECL
Earnings
- 2/10/26 - Beat
ECL
Sec Filings
- 3/30/26 - Form 4
- 3/27/26 - Form 8-K
- 3/26/26 - Form SCHEDULE
- ECL's page on the SEC website