$CARR

Carrier Transicold, a unit of Carrier Global (NYSE: CARR), will donate two NaturaLINE container refrigeration units to Technische Universität Berlin to support commercial-scale research on transcritical CO2 refrigeration. TU Berlin will use the units for graduate training and to test prototype components and long-term performance across operating conditions.

The article says Q2 commercial HVAC results were supported by data center cooling demand and energy-efficiency tailwinds, with US-listed peers Carrier (CARR), Johnson Controls (JCI), and Trane (TT) citing high-single-digit to low-double-digit sales growth and higher fiscal 2026 guidance. It also covers residential HVAC weakness and guidance changes at Carrier, Trane, Lennox (LII), and Watsco (WSO).

Carrier Global Corporation (NYSE: CARR) said it has completed the sale of its NORESCO business to OPTERRA Energy Services, a subsidiary of LS Power. Jefferies acted as financial advisor and Akerman LLP as legal counsel. The company did not provide deal value or financial terms in the release.

Carrier reported improved residential HVAC demand in CSA, with residential sales up 9% year over year and light commercial up 10%. The company raised full-year sales forecasts, expecting residential and light commercial high-single-digit growth. Carrier guided residential pricing to about 4% for the year and said data center sales outlook is about $2B.

US stocks settled mostly higher as Q2 earnings results beat expectations, with 86% of 170 S&P 500 companies so far topping estimates, per Bloomberg. Megacap tech results were awaited from Microsoft and Meta (Wed) and Amazon and Apple (Thu). Consumer confidence fell to 90.8 and Richmond Fed manufacturing rose to 5. Crypto-linked shares fell after Bitcoin dropped.

On Carrier Global’s Q2 2026 earnings call, CEO David Gitlin said Carrier is acquiring technology and talent from 75F to expand its cloud-enabled AI BMS offering for small and mid-sized buildings. Carrier plans data center capacity to support a $2.5B exit rate, targeting operations by end of Q1 2027. Residential sales are expected to rise about 20% in H2; Europe heat pump sales and orders each rose 20%.

Carrier Global (CARR) shares fell about 4.5% after Q2 results showed higher revenue but lower year-over-year profitability. The company beat revenue and EPS expectations and raised full-year sales and profit guidance. Adjusted EPS dropped to $0.86 from $0.92, and operating margin fell to 13% from 14.8%. Shares traded near $66.19.

Asian markets fell sharply as tech and semiconductors slid on concerns about China competition and AI spending sustainability. Korea’s KOSPI dropped 10% with a trading halt after SK Hynix and Samsung fell over 13%. US futures were slightly lower, with S&P futures down 0.2% and Nasdaq set for a fifth straight losing day. Corporate movers included APLD, CDNS, CARR, UPS.

Carrier Global (NYSE: CARR) held its Q2 2026 earnings call. CEO David Gitlin said 2Q orders rose about 40%, with commercial HVAC up about 65% and data center orders up about 4x. The company raised full-year guidance, cited backlog over $8 billion, expects 2026 data center sales near $2 billion, and returned about $640 million to shareholders.

Carrier Global reported Q2 2026 net sales of $6.378B and adjusted operating profit of $1.095B, with adjusted operating margin at 17.2%. It raised full-year 2026 guidance to about $23B sales, $3.5B adjusted operating profit, and $2.90 adjusted EPS, citing a ~$0.05 EPS headwind from the NORESCO exit and new U.S. factory costs. Free cash flow was $810M and it returned ~$640M to shareholders.