Author: Simply Wall St

Carrier Global (NYSE:CARR) announced a plan to cut 3,000 jobs as part of a large cost reduction effort. The company is selling its Riello business as it reshapes its portfolio. Carrier is pushing aggressively into data center cooling, targeting demand from digital infrastructure. The company also plans to return capital to shareholders through share repurchases. For investors watching NYSE:CARR, these moves come as the stock trades around $65.4, with a return of 22.2% year to date and 50.8%…Read More

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Space weather can disrupt satellite navigation and communication systems by triggering rapid fluctuations in the ionosphere. A new study introduces a global probabilistic forecasting model that predicts when and where ionospheric disturbances—measured by the Rate of total electron content (TEC) Index (ROTI)—are likely to persist. Unlike previous machine learning approaches, the new method embraces the bursty, heavy-tailed nature of ionospheric activity using a Bayesian framework. It also takRead More

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