Honeywell International is a diversified technology and manufacturing company that operates in various sectors, including aerospace, building technologies, performance materials and technologies, and safety and productivity solutions. The company develops and provides innovative products, services, and solutions designed to enhance efficiency, safety, and sustainability in various industries. Honeywell focuses on leveraging advanced software and automation to improve performance and operational capabilities for its customers, while also emphasizing environmentally responsible practices and the development of cutting-edge technologies. Read More
Honeywell and Southwest Airlines have partnered to increase runway safety by activating Honeywell's SmartRunway and SmartLanding software on Southwest's entire Boeing 737 fleet.
The company is reportedly interested in expanding into navigation, safety systems, and control systems related to thermal management and electrification.
Honeywell (HON) forms strategic alliance with Johnson Matthey, GIDARA Energy, and SAMSUNG E&A to deliver sustainable aviation fuel from biomass and waste, streamlining production and reducing costs.
The stocks in this article are all trading near their 52-week highs.
This strength often reflects positive developments such as new product launches, favorable industry trends, or improved financial performance.
SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) announced the launch of a Bitcoin treasury strategy inspired by MicroStrategy and SharpLink Gaming, marking a first among North American clean energy developers. The company has applied to open a Coinbase Prime account for secure custody, USDC services, and self-custody of Bitcoin holdings. By integrating Bitcoin into its treasury, SolarBank aims to hedge against inflation, attract digitally savvy investors, and position itself as a pioneer at the intersection of renewable energy and decentralized finance. The strategy complements SolarBank’s core focus on solar and battery energy storage systems, backed by recent deals including a $100 million U.S. financing with CIM Group, $49.5 million with Qcells, a $41 million landfill-to-solar initiative with Honeywell, and a $25 million credit facility from RBC. Management noted that Bitcoin purchases have not yet begun and will be based on market conditions and liquidity needs.
SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) announced the launch of a Bitcoin treasury strategy inspired by MicroStrategy and SharpLink Gaming, marking a first among North American clean energy developers. The company has applied to open a Coinbase Prime account for secure custody, USDC services, and self-custody of Bitcoin holdings. By integrating Bitcoin into its treasury, SolarBank aims to hedge against inflation, attract digitally savvy investors, and position itself as a pioneer at the intersection of renewable energy and decentralized finance. The strategy complements SolarBank’s core focus on solar and battery energy storage systems, backed by recent deals including a $100 million U.S. financing with CIM Group, $49.5 million with Qcells, a $41 million landfill-to-solar initiative with Honeywell, and a $25 million credit facility from RBC. Management noted that Bitcoin purchases have not yet begun and will be based on market conditions and liquidity needs.
Industrials businesses quietly power the physical things we depend on, from cars and homes to e-commerce infrastructure. But they are at the whim of volatile macroeconomic factors that influence capital spending (like interest rates), and the market seems convinced that demand will slow.
Due to this bearish outlook, the industry has tumbled by 11.2% over the past six months. This drop was worse than the S&P 500’s 2.5% decline.
Box’s Q1 earnings and revenue beat prompts analysts at Raymond James, Morgan Stanley, and JPMorgan to raise price targets and express confidence in future growth.
Honeywell is expected to appoint Elliott’s Marc Steinberg to its board as the company prepares to split into three entities, following the activist investor’s push for structural simplification.
The Defiance Quantum ETF, an exchange-traded fund (ETF) that tracks liquid companies in the quantum computing and machine learning industries, has gained 6.3% year-to-date.
