01:25 PM EDT, 10/13/2025 (MT Newswires) -- Vertiv ( VRT ) said Monday it advanced development of its 800-volt direct current power platform in collaboration with Nvidia ( NVDA ) to support next-generation artificial intelligence data centers. The company said the system is designed to meet megawatt-scale power demands and is expected to launch in the second half of 2026,...

01:14 PM EDT, 10/13/2025 (MT Newswires) -- Consumer stocks were mixed Monday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 1.9%. In corporate news, Tesla's (TSLA) factory in Shanghai began ramping up production in Q4, Reuters reported Monday, citing a Weibo post by company vice president...

(Reuters) -French tire maker Michelin on Monday cut its full-year outlook citing worse-than-expected business conditions in the North American market that have eroded sales volumes and margins. The company now expects 2025 segment operating income at constant exchange rates between 2.6 billion euros and 3.0 billion euros ($3.0 billion-$3.5 billion), down from an earlier forecast of income above 3.4 billion...

Oct 13 (Reuters) - French tire maker Michelin on Monday cut its full-year outlook citing worse-than-expected business conditions in the North American market that have eroded sales volumes and margins. The company now expects 2025 segment operating income at constant exchange rates between 2.6 billion euros and 3.0 billion euros ($3.0 billion-$3.5 billion), down from an earlier forecast of income...