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Is there More Upside in Vertiv Stock (VRT) After a Stellar Rally?
Is there More Upside in Vertiv Stock (VRT) After a Stellar Rally?

Business Insider

time13 hours ago

  • Business
  • Business Insider

Is there More Upside in Vertiv Stock (VRT) After a Stellar Rally?

Vertiv Holdings (VRT) stock has rallied by more than 40% over the past year, as the data center infrastructure company is experiencing solid demand for its products amid the ongoing AI (artificial intelligence) boom. While most analysts are bullish on VRT stock due to AI tailwinds, Wall Street's average price target indicates a possible downside from current levels. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Favorable Demand Backdrop for AI Infrastructure Companies Vertiv provides energy-efficient cooling and power solutions that are required to support AI workloads. Interestingly, on Friday, VRT stock rose by 2% after Reuters reported that the Trump administration is preparing a series of executive actions to increase energy supply for AI development in the U.S. Spending on data centers is expected to increase in the coming years, benefiting AI infrastructure companies such as Vertiv Holdings. Bank of America estimates total data center spending to grow at a compound annual growth rate (CAGR) of 13% from 2024 to 2028, reaching $532 billion by 2028. In fact, infrastructure-related spending is expected to rise even faster, at a CAGR of 16%. Here's What Bulls and Bears Think About VRT Stock According to TipRanks' Bulls Say, Bears Say Tool, VRT Bulls are optimistic about the company due to robust demand and better visibility, which are driving higher estimates. Many analysts also believe in Vertiv's ability to address customers' requirements amid the growing complexity in AI deployments, with solid market shares in data center thermal and electrical equipment. Meanwhile, Bears are concerned about a slowdown in capital spending by hyperscalers or cloud service providers, volatility in orders, and the impact of tariffs on costs. Is VRT a Good Stock to Buy? Overall, Wall Street has a Strong Buy consensus rating on Vertiv Holdings stock based on 12 Buys and two Hold recommendations. The average VRT stock price target of $116.93 indicates a 7.2% downside risk from current levels.

Dundee to host Scottish Album of the Year Award ceremony
Dundee to host Scottish Album of the Year Award ceremony

The National

time4 days ago

  • Entertainment
  • The National

Dundee to host Scottish Album of the Year Award ceremony

Dundee's Caird Hall will host this year's ceremony on November 6 and then again in 2026 and 2027. The venue takes over the from Stirling's Albion Halls, which hosted the event from 2022-2024, with the ceremony moving to a different part of the country every three years. READ MORE: More than 100 Labour MPs threaten to halt welfare cuts in biggest rebellion yet The Scottish Music Industry Association (SMIA), which runs the award, made the announcement a week before submissions for this year's prize open on July 1. To be eligible albums have to meet the Say Award criteria, including being released between June 1, 2024 and May 31, 2025. This year's eligible artists include Primal Scream, Franz Ferdinand, Nina Nesbitt and Erland Cooper, among many others. Previous winners of the award include Young Fathers, Mogwai, Fergus McCreadie and Auntie Flo. Robert Kilpatrick, chief executive and creative director of SMIA said: 'Following three incredible years hosting Scotland's national music prize at Stirling's Albert Halls, the SMIA is both delighted and proud to be calling Dundee's iconic Caird Hall the new home of the Say Award. 'Established in 2012 and originally hosted in Glasgow, we introduced our Host City model in 2016 to broaden the Say Award's reach, deepen place-based impact and ensure nationwide cultural benefit. 'Since then, we've worked in three-year cycles to move the ceremony across the country; supporting regional industry development, establishing local partnerships and celebrating the strength and diversity of Scotland's ever-evolving recorded output in a range of cultural contexts. Kilpatrick said they had long aspired to hold the ceremony in Dundee, and that now was the 'perfect time to do so'. READ MORE: Ellie Gomersall: Banning a protest group as authoritarian as it gets He went on: 'From iconic artists and grassroots music venues to major cultural institutions and a proud DIY spirit, it's a place where creativity, innovation and collaboration are deeply embedded, and we're honoured to be adding to its rich musical heritage. 'Through our partnership with Leisure & Culture Dundee, V&A Dundee, Dundee City Council and Unesco Dundee City of Design, we're excited to amplify the city's creative identity and welcome over 1500 guests from across Scotland, the wider UK and beyond to our 2025 Ceremony on Thursday 6 November.' In recognition of Dundee's status as a 'cultural powerhouse' – and the UK's first and only Unesco City of Design – the trophies for this year's awards are set to be created by a local Dundee designer. The 2025 ceremony will feature a performance by 2024 winner Redolent, and the winner of the Say will take home £20,000 along with the coveted award, while nine runners-up will each receive £1000. Alongside the main prize the winner of the Modern Scottish Classic Award will be announced, recognising a cherished album from Scotland's past that still inspires Scottish musicians today. The winner of the Sound of Young Scotland Award will also be named, with a young and emerging artist being given a funding package to support the creation of their debut album. Councillor Lynne Short, Dundee City Council's spokeswoman for culture, sport and history said she was 'delighted' the city had been chosen to host the award. 'Music of all kinds provides the soundtrack to our city, whether it's the vibrant busking culture we have in the city centre, open-air gigs by established acts at Slessor Gardens or up and coming grassroots bands in many of our small pubs and clubs,' she said. READ MORE: Gaelic is more than a language, it is part of our nation's identity 'We have always been a city with a passion for music, and I am delighted that the SMIA has chosen to make Dundee the home of the Say Award for the next three years in a way that recognises this.' Anna Day, head of libraries and culture at Leisure & Culture Dundee said she 'couldn't be happier' the award was coming to Dundee. 'As the musical heart of the city for generations, Caird Hall is ready for a bold new chapter,' she said. 'Partnering on the Say Award marks a major step in our broader ambition to re-energise what the Caird Hall offers to audiences, artists and partners. We now can't wait to welcome the Scottish music community through its doors and onto its stage.' Early bird Say Award Ceremony tickets on sale now at

Dundee to host Scottish album awards for next three years
Dundee to host Scottish album awards for next three years

Daily Record

time4 days ago

  • Entertainment
  • Daily Record

Dundee to host Scottish album awards for next three years

The city's Caird Hall will host this year's ceremony on November 6 and then again in 2026 and 2027, marking the first time it has been held outwith the central belt in the awards 14-year history. Dundee will host the Scottish Album of the Year (Say) Award ceremony for the next three years, the awards organisers have announced. The city's Caird Hall will host this year's ceremony on November 6 and then again in 2026 and 2027, marking the first time it has been held outwith the central belt in the award's 14-year history. The venue takes over the from Stirling's Albion Halls, which hosted the event from 2022-2024, with the ceremony moving to a different part of the country every three years. ‌ The Scottish Music Industry Association (SMIA), which runs the award, made the announcement a week before submissions for this year's prize open on July 1. To be eligible albums have to meet the Say Award criteria, including being released between June 1, 2024 and May 31, 2025. ‌ This year's eligible artists include Primal Scream, Franz Ferdinand, Nina Nesbitt and Erland Cooper, among many others. Previous winners of the award include Young Fathers, Mogwai, Fergus McCreadie and Auntie Flo. Robert Kilpatrick, chief executive and creative director of SMIA said: 'Following three incredible years hosting Scotland's national music prize at Stirling's Albert Halls, the SMIA is both delighted and proud to be calling Dundee's iconic Caird Hall the new home of the Say Award. 'Established in 2012 and originally hosted in Glasgow, we introduced our Host City model in 2016 to broaden the Say Award's reach, deepen place-based impact and ensure nationwide cultural benefit. Join the Daily Record WhatsApp community! Get the latest news sent straight to your messages by joining our WhatsApp community today. You'll receive daily updates on breaking news as well as the top headlines across Scotland. No one will be able to see who is signed up and no one can send messages except the Daily Record team. All you have to do is click here if you're on mobile, select 'Join Community' and you're in! If you're on a desktop, simply scan the QR code above with your phone and click 'Join Community'. We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don't like our community, you can check out any time you like. To leave our community click on the name at the top of your screen and choose 'exit group'. If you're curious, you can read our Privacy Notice. 'Since then, we've worked in three-year cycles to move the ceremony across the country; supporting regional industry development, establishing local partnerships and celebrating the strength and diversity of Scotland's ever-evolving recorded output in a range of cultural contexts. Mr Kilpatrick said they had long aspired to hold the ceremony in Dundee, and that now was the 'perfect time to do so'. ‌ He went on: 'From iconic artists and grassroots music venues to major cultural institutions and a proud DIY spirit, it's a place where creativity, innovation and collaboration are deeply embedded, and we're honoured to be adding to its rich musical heritage. 'Through our partnership with Leisure & Culture Dundee, V&A Dundee, Dundee City Council and Unesco Dundee City of Design, we're excited to amplify the city's creative identity and welcome over 1,500 guests from across Scotland, the wider UK and beyond to our 2025 Ceremony on Thursday 6 November.' In recognition of Dundee's status as a 'cultural powerhouse' – and the UK's first and only Unesco City of Design – the trophies for this year's awards are set to be created by a local Dundee designer. ‌ The 2025 ceremony will feature a performance by 2024 winner Redolent, and the winner of the Say will take home £20,000 along with the coveted award, while nine runners-up will each receive £1,000. Alongside the main prize the winner of the Modern Scottish Classic Award will be announced, recognising a cherished album from Scotland's past that still inspires Scottish musicians today. The winner of the Sound of Young Scotland Award will also be named, with a young and emerging artist being given a funding package to support the creation of their debut album. Councillor Lynne Short, Dundee City Council's spokeswoman for culture, sport and history said she was 'delighted' the city had been chosen to host the award. ‌ 'Music of all kinds provides the soundtrack to our city, whether it's the vibrant busking culture we have in the city centre, open-air gigs by established acts at Slessor Gardens or up and coming grassroots bands in many of our small pubs and clubs,' she said. 'We have always been a city with a passion for music, and I am delighted that the SMIA has chosen to make Dundee the home of the Say Award for the next three years in a way that recognises this.' Anna Day, head of libraries and culture at Leisure & Culture Dundee said she 'couldn't be happier' the award was coming to Dundee. As the musical heart of the city for generations, Caird Hall is ready for a bold new chapter,' she said. 'Partnering on the Say Award marks a major step in our broader ambition to re-energise what the Caird Hall offers to audiences, artists and partners. We now can't wait to welcome the Scottish music community through its doors and onto its stage.'

Dundee to host Scottish album awards for next three years
Dundee to host Scottish album awards for next three years

Glasgow Times

time5 days ago

  • Entertainment
  • Glasgow Times

Dundee to host Scottish album awards for next three years

The city's Caird Hall will host this year's ceremony on November 6 and then again in 2026 and 2027, marking the first time it has been held outwith the central belt in the award's 14-year history. The venue takes over the from Stirling's Albion Halls, which hosted the event from 2022-2024, with the ceremony moving to a different part of the country every three years. The Scottish Music Industry Association (SMIA), which runs the award, made the announcement a week before submissions for this year's prize open on July 1. To be eligible albums have to meet the Say Award criteria, including being released between June 1, 2024 and May 31, 2025. This year's eligible artists include Primal Scream, Franz Ferdinand, Nina Nesbitt and Erland Cooper, among many others. Previous winners of the award include Young Fathers, Mogwai, Fergus McCreadie and Auntie Flo. Robert Kilpatrick, chief executive and creative director of SMIA said: 'Following three incredible years hosting Scotland's national music prize at Stirling's Albert Halls, the SMIA is both delighted and proud to be calling Dundee's iconic Caird Hall the new home of the Say Award. 'Established in 2012 and originally hosted in Glasgow, we introduced our Host City model in 2016 to broaden the Say Award's reach, deepen place-based impact and ensure nationwide cultural benefit. 'Since then, we've worked in three-year cycles to move the ceremony across the country; supporting regional industry development, establishing local partnerships and celebrating the strength and diversity of Scotland's ever-evolving recorded output in a range of cultural contexts. Mr Kilpatrick said they had long aspired to hold the ceremony in Dundee, and that now was the 'perfect time to do so'. He went on: 'From iconic artists and grassroots music venues to major cultural institutions and a proud DIY spirit, it's a place where creativity, innovation and collaboration are deeply embedded, and we're honoured to be adding to its rich musical heritage. 'Through our partnership with Leisure & Culture Dundee, V&A Dundee, Dundee City Council and Unesco Dundee City of Design, we're excited to amplify the city's creative identity and welcome over 1,500 guests from across Scotland, the wider UK and beyond to our 2025 Ceremony on Thursday 6 November.' Rockers Franz Ferdinand are among the eligible artists for this year's award (Ian West/PA) In recognition of Dundee's status as a 'cultural powerhouse' – and the UK's first and only Unesco City of Design – the trophies for this year's awards are set to be created by a local Dundee designer. The 2025 ceremony will feature a performance by 2024 winner Redolent, and the winner of the Say will take home £20,000 along with the coveted award, while nine runners-up will each receive £1,000. Alongside the main prize the winner of the Modern Scottish Classic Award will be announced, recognising a cherished album from Scotland's past that still inspires Scottish musicians today. The winner of the Sound of Young Scotland Award will also be named, with a young and emerging artist being given a funding package to support the creation of their debut album. Councillor Lynne Short, Dundee City Council's spokeswoman for culture, sport and history said she was 'delighted' the city had been chosen to host the award. 'Music of all kinds provides the soundtrack to our city, whether it's the vibrant busking culture we have in the city centre, open-air gigs by established acts at Slessor Gardens or up and coming grassroots bands in many of our small pubs and clubs,' she said. 'We have always been a city with a passion for music, and I am delighted that the SMIA has chosen to make Dundee the home of the Say Award for the next three years in a way that recognises this.' Anna Day, head of libraries and culture at Leisure & Culture Dundee said she 'couldn't be happier' the award was coming to Dundee. 'As the musical heart of the city for generations, Caird Hall is ready for a bold new chapter,' she said. 'Partnering on the Say Award marks a major step in our broader ambition to re-energise what the Caird Hall offers to audiences, artists and partners. We now can't wait to welcome the Scottish music community through its doors and onto its stage.' Early bird Say Award Ceremony tickets on sale now at

Dundee to host Scottish album awards for next three years
Dundee to host Scottish album awards for next three years

South Wales Guardian

time5 days ago

  • Entertainment
  • South Wales Guardian

Dundee to host Scottish album awards for next three years

The city's Caird Hall will host this year's ceremony on November 6 and then again in 2026 and 2027, marking the first time it has been held outwith the central belt in the award's 14-year history. The venue takes over the from Stirling's Albion Halls, which hosted the event from 2022-2024, with the ceremony moving to a different part of the country every three years. The Scottish Music Industry Association (SMIA), which runs the award, made the announcement a week before submissions for this year's prize open on July 1. To be eligible albums have to meet the Say Award criteria, including being released between June 1, 2024 and May 31, 2025. This year's eligible artists include Primal Scream, Franz Ferdinand, Nina Nesbitt and Erland Cooper, among many others. Previous winners of the award include Young Fathers, Mogwai, Fergus McCreadie and Auntie Flo. Robert Kilpatrick, chief executive and creative director of SMIA said: 'Following three incredible years hosting Scotland's national music prize at Stirling's Albert Halls, the SMIA is both delighted and proud to be calling Dundee's iconic Caird Hall the new home of the Say Award. 'Established in 2012 and originally hosted in Glasgow, we introduced our Host City model in 2016 to broaden the Say Award's reach, deepen place-based impact and ensure nationwide cultural benefit. 'Since then, we've worked in three-year cycles to move the ceremony across the country; supporting regional industry development, establishing local partnerships and celebrating the strength and diversity of Scotland's ever-evolving recorded output in a range of cultural contexts. Mr Kilpatrick said they had long aspired to hold the ceremony in Dundee, and that now was the 'perfect time to do so'. He went on: 'From iconic artists and grassroots music venues to major cultural institutions and a proud DIY spirit, it's a place where creativity, innovation and collaboration are deeply embedded, and we're honoured to be adding to its rich musical heritage. 'Through our partnership with Leisure & Culture Dundee, V&A Dundee, Dundee City Council and Unesco Dundee City of Design, we're excited to amplify the city's creative identity and welcome over 1,500 guests from across Scotland, the wider UK and beyond to our 2025 Ceremony on Thursday 6 November.' In recognition of Dundee's status as a 'cultural powerhouse' – and the UK's first and only Unesco City of Design – the trophies for this year's awards are set to be created by a local Dundee designer. The 2025 ceremony will feature a performance by 2024 winner Redolent, and the winner of the Say will take home £20,000 along with the coveted award, while nine runners-up will each receive £1,000. Alongside the main prize the winner of the Modern Scottish Classic Award will be announced, recognising a cherished album from Scotland's past that still inspires Scottish musicians today. The winner of the Sound of Young Scotland Award will also be named, with a young and emerging artist being given a funding package to support the creation of their debut album. Councillor Lynne Short, Dundee City Council's spokeswoman for culture, sport and history said she was 'delighted' the city had been chosen to host the award. 'Music of all kinds provides the soundtrack to our city, whether it's the vibrant busking culture we have in the city centre, open-air gigs by established acts at Slessor Gardens or up and coming grassroots bands in many of our small pubs and clubs,' she said. 'We have always been a city with a passion for music, and I am delighted that the SMIA has chosen to make Dundee the home of the Say Award for the next three years in a way that recognises this.' Anna Day, head of libraries and culture at Leisure & Culture Dundee said she 'couldn't be happier' the award was coming to Dundee. 'As the musical heart of the city for generations, Caird Hall is ready for a bold new chapter,' she said. 'Partnering on the Say Award marks a major step in our broader ambition to re-energise what the Caird Hall offers to audiences, artists and partners. We now can't wait to welcome the Scottish music community through its doors and onto its stage.' Early bird Say Award Ceremony tickets on sale now at

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