
nVent Electric plc to Report Second Quarter 2025 Financial Results on August 1
The financial results will be posted on the company's website at http://investors.nvent.com. The company will issue a news release when the earnings materials are publicly available, including a link to those documents.
The company will also hold a conference call with analysts and investors at 9:00 a.m. ET. Related presentation materials will be posted to http://investors.nvent.com prior to the conference call.
Conference Call and Webcast Details
The call can be accessed via webcast at http://investors.nvent.com or by dialing 1-833-630-1071 or 1-412-317-1832. Once available, a replay of the conference call will be accessible through August 15, 2025, by dialing 1-877-344-7529 or 1-412-317-0088, along with the access code 1818589.
About nVent
nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings and critical processes. We offer a comprehensive range of systems protection and electrical connections solutions across industry-leading brands that are recognized globally for quality, reliability and innovation. Our principal office is in London and our management office in the United States is in Minneapolis. Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE. Learn more at www.nvent.com.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Globe and Mail
a few seconds ago
- Globe and Mail
2 Monster Growth Stocks to Sell Before They Fall 56% and 64% in 2025, According to Wall Street Analysts
Key Points JPMorgan Chase analysts expect shares of Circle Internet Group and Tesla to decline sharply in the remaining months of the year. Circle is the issuer of USDC, the second largest stablecoin by market value, but the stock is hard to value because the company has only been public for a few months. Tesla has lost substantial market share in electric vehicles this year, but the company recently introduced its first commercial autonomous ride-hailing service. These 10 stocks could mint the next wave of millionaires › Circle Internet Group(NYSE: CRCL) shares have advanced 120% since the company held its initial public offering in June, and Tesla(NASDAQ: TSLA) shares have climbed 160% since the beginning of 2023. However, JPMorgan Chase analysts expect the monster growth stocks to declined sharply in the remaining months of the year. Ken Worthington at JPMorgan has set Circle with a year-end target price of $80 per share. That implies 56% downside from its current share price of $182. Ryan Brinkman at JPMorgan has set Tesla with a year-end target price of $115 per share. That implies 64% downside from its current share price of $321. Importantly, most Wall Street analysts are less bearish, but very few expect material upside in the stocks. The average target on Circle is $181.50 per share, which implies no change from its current price. And the average target on Tesla is $310 per share, which implies 3% downside from its current price. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Here's what investors should know. Circle Internet Group: 56% implied downside Circle is on a mission to improve the global financial system by enabling a frictionless exchange of value with stablecoins, cryptocurrencies tied to the value of fiat currencies. The company is best known for its U.S. dollar-denominated USDC(CRYPTO: USDC), the seventh largest cryptocurrency by market value. But Circle is also the issuer of the European euro-denominated EURC(CRYPTO: EURC). Those stablecoins are fully backed by fiat currency, and Circle currently generates most of its revenue from interest earned on those reserve assets. However, the company recently expanded into payment processing. The Circle Payments Network will support a broad range of money movement use cases, such as supplier payments, remittances, and payroll. Circle has yet to report financial results as a public company, but its recently filed Form S-1 shows the following for the first quarter: Revenue increased 59% to $579 million because of a large increase in circulating USDC, offset by lower interest rates. And adjusted EBITDA rose 60% to $122 million. Investors have good reason to believe the company can maintain its momentum. Today, Stablecoins have a collective market value of $260 billion. But Seaport Research analyst Jeff Cantwell estimates that figure will nearly double to reach $500 billion in 2026, and could eventually reach $2 trillion. In turn, Cantwell thinks Circle's revenue will grow at 25% to 30% per year as the stablecoin market expands. This stock is hard to value, given Circle has been a public company for only a few months. However, the current multiples of 21 times sales and 189 times forward earnings are not cheap, leaving plenty of room for the share price to fall. I am skeptical about the 56% drop implied by JPMorgan's target price, but investors should limit exposure to Circle stock until the company has been public for a few quarters. Tesla: 64% implied downside Tesla has lost significant market share in electric vehicles in the past year because of increased competition and brand damage inflicted by CEO Elon Musk, who has managed to irritate both major U.S. political parties. Tesla accounted for 10% of battery electric vehicle sales through May, down from 16% in the same period last year, per Morgan Stanley. Tesla reported dismal second-quarter financial results. Deliveries dropped 13%, the second straight decline. In turn, revenue declined 12% to $22 billion, operating margin contracted 2 percentage points, and non-GAAP net income declined 23% to $0.40 per diluted share. Musk also warned the next few quarters could be rough, but he remains upbeat about the long-term narrative. Musk thinks Tesla can eventually be the most valuable company in the world if it executes on opportunities in autonomous driving and robotics. Tesla recently introduced a robotaxi service in Austin, and Musk says the coverage area may include half the U.S. population by year's end. That would put the company ahead of the market leader Alphabet's Waymo, which operates in only five U.S. cities. Musk during the earnings call also talked about the humanoid robot Optimus. He expects production to reach 100,000 units monthly within five years, or at least 1 million units annually. He has previously estimated humanoid robots will be a $10 trillion opportunity for Tesla, meaning Optimus may eventually be its largest source of revenue. Wall Street expects Tesla's earnings to grow at 20% annually over the next three years. That makes the current valuation of 186 times earnings look outrageously expensive. I doubt shares will fall 64%, unless something goes wrong with the robotaxis or robots, but investors should still keep their positions small until Tesla makes more progress in those nascent areas of its business. Don't miss this second chance at a potentially lucrative opportunity Ever feel like you missed the boat in buying the most successful stocks? Then you'll want to hear this. On rare occasions, our expert team of analysts issues a 'Double Down' stock recommendation for companies that they think are about to pop. If you're worried you've already missed your chance to invest, now is the best time to buy before it's too late. And the numbers speak for themselves: Nvidia: if you invested $1,000 when we doubled down in 2009, you'd have $455,174 !* if you invested $1,000 when we doubled down in 2009, !* Apple: if you invested $1,000 when we doubled down in 2008, you'd have $40,107 !* if you invested $1,000 when we doubled down in 2008, !* Netflix: if you invested $1,000 when we doubled down in 2004, you'd have $630,291!* Right now, we're issuing 'Double Down' alerts for three incredible companies, available when you joinStock Advisor, and there may not be another chance like this anytime soon. See the 3 stocks » *Stock Advisor returns as of July 29, 2025 JPMorgan Chase is an advertising partner of Motley Fool Money. Trevor Jennewine has positions in Tesla. The Motley Fool has positions in and recommends Alphabet, JPMorgan Chase, and Tesla. The Motley Fool has a disclosure policy.


Globe and Mail
30 minutes ago
- Globe and Mail
Meet the Unstoppable Stock That Could Join Nvidia, Microsoft, and Apple in the $3 Trillion Club
Key Points Nine American companies are currently worth $1 trillion or more, but just three have graduated into the $3 trillion club. Alphabet owns businesses like Google Search and Google Cloud, where revenue growth is currently accelerating thanks to artificial intelligence (AI). Alphabet stock is trading at a very attractive valuation, which sets the stage for a potential move into the $3 trillion club. 10 stocks we like better than Alphabet › The U.S. is home to nine companies with market capitalizations of $1 trillion or more, but only three have surpassed the ultra-exclusive $3 trillion milestone: Nvidia: $4.2 trillion Microsoft: $3.8 trillion Apple: $3.2 trillion I think another might be set to join them. Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is the parent company of Google, and it's fast becoming a leader in the artificial intelligence (AI) race. The company had a market capitalization of $2.3 trillion as of market close on July 25, but its recent financial results and the valuation of its stock might support a move into the $3 trillion club in the near future. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » If Alphabet does cross the exclusive milestone, investors who buy its stock today could earn a return of over 30%. AI is reshaping Google Search Google Search is Alphabet's most important business, because it consistently represents more than half of the tech conglomerate's total revenue. A few years ago, investors were worried AI chatbots like OpenAI's ChatGPT would filter traffic away from Google Search, hampering its ability to generate revenue through advertising. But it seems those concerns were overblown. Google Search generated a record $54.2 billion in revenue during the second quarter of 2025 (ended June 30), which was up 11.7% compared to the year-ago period. That marked an acceleration from its first-quarter growth of 9.8%, which suggests the search business is gathering momentum. AI is a big reason why. Alphabet developed its own family of large language models (LLMs) called Gemini, and it used them to create a new Google Search feature called AI Overviews. They use text, images, and links to third-party sources to craft complete responses to queries, saving users from having to sift through web pages to find the information they need. This creates a far more convenient experience. Alphabet said 2 billion people were using AI Overviews every month during the second quarter, and since they monetize at the same rate as traditional Google Search results, they aren't cannibalizing the company's core business. Overviews are also driving higher Google Search usage, because they encourage users to refine their queries to generate the most accurate outputs. Alphabet also launched a stand-alone AI chatbot called Gemini to capture traffic from users who prefer to seek information that way. Moreover, the company just rolled out "AI Mode" for Google Search, which introduces a chatbot-style interface to the traditional search experience. Alphabet hopes these tools will keep users within Google's ecosystem, and stop them from experimenting with the competition. Google Cloud revenue growth is also accelerating Google Cloud is consistently Alphabet's fastest-growing business, and the second quarter was no exception. The segment generated a record $13.6 billion in revenue, which was up by a whopping 32% year over year. That marked an acceleration from the first quarter, when revenue grew by 28%. AI is driving that momentum. Google Cloud operates industry-leading data centers fitted with powerful AI graphics processors (GPUs) from Nvidia, and also tensor processors (TPUs), which it designed in-house. This optionality makes the Google Cloud platform attractive to AI developers of all sizes, which is why nearly all AI unicorns (AI start-ups worth $1 billion or more) are using it. Google Cloud also offers access to hundreds of ready-made LLMs, including Gemini, which developers can use to create AI software much faster than if they had to train their own models from scratch. Alphabet said more than 85,000 enterprises are now building AI applications with Gemini models, resulting in a staggering year-over-year increase in usage of 35 times during the second quarter. Alphabet CFO Anat Ashkenazi said Google Cloud's order backlog soared 38% year over year to a whopping $106 billion, which means demand for computing capacity continues to outstrip supply. To convert that backlog into revenue, the company needs to build more data centers, which is why it just increased its capital expenditures (capex) forecast for 2025 to $85 billion, from $75 billion previously. Alphabet's (mathematical) path to the $3 trillion club Alphabet's earnings per share (EPS) climbed by 22% year over year in the second quarter to come in at $2.31. The company's trailing-12-month EPS now stands at $9.39, which places its stock at a price-to-earnings (P/E) ratio of 20.6. That's a steep discount to the Nasdaq-100 technology index, which hosts all of Alphabet's big-tech peers, and trades at a P/E ratio of 32.5. It also makes Alphabet the cheapest stock in the " Magnificent Seven," a group of tech giants leading the way in different segments of the AI race. PE Ratio data by YCharts Alphabet stock would have to soar by 83% just to trade in line with the median P/E ratio of the Magnificent Seven stocks (37.8), which would catapult its market cap to $4.2 trillion. Even if its stock climbed by 58% so its P/E matched that of the Nasdaq-100, it would still be enough to push the company's valuation way above $3 trillion. One thing suppressing Alphabet's P/E ratio right now is the ongoing legal battle with the U.S. Department of Justice (DOJ). The agency won a lawsuit last year that determined Alphabet used monopolistic practices to protect its market share in the internet search industry. For example, the company was paying Apple handsome annual fees to make Google the default search engine on devices like the iPhone, making it nearly impossible for competitors to make inroads. A judge is expected to hand down Alphabet's punishment in August. It could be a simple financial penalty, or the company might be forced to sell parts of its business to level the competitive playing field. Any remedy that diminishes the dominance of Google Search could harm Alphabet's earnings potential, which is why investors are tentative. However, there is likely to be a lengthy appeals process, which could tie the matter up in court for several more years. In the here-and-now, I think Alphabet stock is a bargain based on its incredible progress in the AI space alone, especially as it relates to Google Cloud, which isn't facing regulatory scrutiny right now. As a result, I think Alphabet has a pathway to the $3 trillion club in the next year or so, irrespective of the legal overhang. Should you invest $1,000 in Alphabet right now? Before you buy stock in Alphabet, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Alphabet wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $630,291!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,075,791!* Now, it's worth noting Stock Advisor's total average return is 1,039% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 29, 2025


CBC
an hour ago
- CBC
As Detroit 3 automakers report tariff blows, experts say a trade deal is the only solution
The Detroit Three automakers are taking a big hit from the Trump administration's tariffs, and industry experts say only one thing can stop the bleeding for the North American auto industry — a trade deal with low tariff rates for the industry. General Motors, Ford and Stellantis have all reported tariff impacts in the billions on recent earnings calls. Ford said on Wednesday that it took an $800-million US (about $1.1 billion Cdn) hit for the second quarter as a result of tariffs. Ford CEO Jim Farley said the company is in daily contact with the White House, with an ultimate goal of reducing its tariff costs, especially on parts tariffs. "We see there's a lot of upside depending on how the negotiation goes with the administration," Farley said. This comes after General Motors said last week that tariffs cost the company $1.1 billion US (about $1.52 billion Cdn) in its second quarter. Chief financial officer Paul Jacobson said the tariff impact for the full year could reach $4 or $5 billion US, though GM is working to offset that with "manufacturing adjustments, targeted cost initiatives and consistent pricing." "Over time, we remain confident that our total tariff expense will come down as bilateral trade deals emerge and our sourcing and production adjustments are implemented," Jacobson said on the company's quarterly earnings call. On its own earnings call on Tuesday, Stellantis also said tariffs were having a major impact, and could add up to the tune of 1.5 billion euros (about $2.4 billion Cdn) this year. Since April, a 25 per cent tariff rate on all finished cars going into the U.S. has applied, regardless of what country they're made in. But under the Canada-United States-Mexico trade agreement (CUSMA), that rate only applies to the non-U.S. content of a car. So far, that cost hasn't made its way into car prices — GM said pricing "remains stable" for the second quarter, and added pricing assumptions for North America for the rest of the year are unchanged. Ford also said it expected net pricing to remain "flat." Industry analyst Sam Fiorani said it isn't entirely surprising that companies are choosing to eat the cost of tariffs thus far. "The car companies can't really push the tariffs through directly yet, because we're in this period of flux, we don't know what the end point will be," Fiorani said. Raising prices by 10 or 15 per cent for now and then lowering them if tariffs come back down isn't an option, he explained, because any customers who just bought the car when it was at the higher rate would be upset with the change. If they do raise any prices, that would have to be longer term. Autoworkers feeling the impact While folks buying cars have been spared the cost of tariffs for the time being, workers in the auto industry haven't been so lucky. Lana Payne, national president of Unifor, which represents some 40,000 autoparts and assembly workers in Canada, says tariffs have resulted in lost work and investment within Canada. In May, GM laid off 750 autoworkers at its Oshawa, Ont., plant when it cut a shift. Windsor's Stellantis assembly plant is also alternating between full production levels, a reduced schedule and full shutdowns throughout the summer. And Stellantis's Brampton, Ont., plant also paused retooling in recent months, with workers there recently telling media they were growing increasingly concerned about when work would resume. "The carnage is building up," Payne said. "Pretty much across the entire auto sector, there has been an impact of some kind or another, depending on the facility and the community." WATCH | Auto expert discusses Windsor Assembly Plant's future given Stellantis earnings: The Windsor Assembly Plant could be in trouble if tariffs don't disappear, as company posts losses: Auto expert 9 days ago The Windsor Assembly Plant could be in serious trouble if tariffs don't go away, a leading automotive expert says, as U.S. President Donald Trump renews threats of tariffs. It comes as the company says preliminary estimates show a nearly $4-billion loss in the first half of this year. The CBC's Katerina Georgieva reports. If tariffs on autos are here to stay, Payne says she expects more of these production cuts and pauses to pile up. That's why she says it's "crucial" that a trade deal between Canada and the U.S. sets tariffs on autos at zero — something she's been working to articulate to folks in government. "We've been very clear to the government what our red lines are," Payne said. "Even though we're facing a deadline right now of August 1st … we're much better off having no deal than a bad deal that will result in a continued bleed of investment and jobs out of this country." Only thing that will help is a trade deal While he doesn't have a prediction for Canada's trade deal, president and CEO of Global Automakers of Canada David Adams says he hopes the rate will be zero, at the very least for CUSMA-compliant cars and parts. "The reality is that any tariff is problematic," Adams said. "If you start doing the math … you're talking, you know, billions [of] dollars per year in terms of the extra cost associated with the tariff." At any rate higher than zero, he says automakers would slowly start to shift production to the U.S. Adams says it won't necessarily be easy to strike an agreement, and that Canada should be very careful about what it puts on the table, given the free trade deal between the U.S., Canada and Mexico is up for review in 2026. So far, goods that are subject to that deal have been sheltered from any tariffs, which has helped Canada weather the tariff storm. WATCH | Why the American auto industry needs the Canadian market: Why the American auto industry needs the Canadian market 28 days ago "We don't have a lot of cards to play, and we need to play the cards that we do have very carefully and strategically," Adams said. Given that the European Union and Japan recently reached deals with the U.S. that will allow those countries to sell products to Americans at a 15 per cent rate, Fiorani says he expects cars and parts not covered by CUSMA might face a similar rate. Fiorani said the deals with the EU and Japan are a sore spot for car companies and suppliers in North America, given that rates for cars coming from Europe or Japan are lower than the 25 per cent currently on cars from Canada. "These are companies that have built their business case on shipping parts across the border. And now they're competing with vehicles that are coming from either the EU, U.K. or Japan, with potentially a lower tariff than they're currently applying to Canadian parts and vehicles," Fiorani said. That said, Fiorani points out that the deals that U.S. President Donald Trump has struck so far are still "handshakes at best," as none of them have yet been signed on paper, which means that reality could still change. In the long term, Greig Mordue, an associate professor at McMaster University in Hamilton, says putting any kinds of tariffs on the auto sector would be a dismantling of the last 60 years of North America's joint auto industry. And while that won't happen overnight, Mordue says Canada will need to find ways to distance itself from the U.S. in the long run. He added that while the Detroit Three have been the focus of the auto sector in North America historically, they don't produce as many cars in Canada anymore. And of the 1.3 million cars made here in 2024, 533,000 were Toyotas and 420,550 were Honda models. Given that, and the global shift from gas-powered cars to electric vehicles, he says Canada should try to find partnerships abroad.