Carrier Global’s AI Push Fails to Ignite Investor Enthusiasm

Carrier Global Corp, a global leader in heating, air-conditioning, and refrigeration solutions, is aggressively advancing the digital transformation of building management. Despite launching a significant artificial intelligence upgrade to its platform and reporting solid quarterly earnings, the company’s shares are exhibiting a noticeable disconnect, trading significantly below their key moving averages. This raises a critical question for the market: why are investors remaining so cautious in the face of clear innovation and operational strength?

The company’s recent second-quarter performance provided fundamental reasons for optimism. Carrier reported an earnings per share (EPS) of $0.92, surpassing market expectations of $0.90. Revenue also came in slightly above forecasts. Typically, such a positive earnings surprise would provide a lift for a stock. However,... Read more...