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Honeywell closes an acquisition, and Amazon's data center blitz continues


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Published in Stocks and Investing on by CNBC   Print publication without navigation

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

On June 9, 2025, Honeywell completed its acquisition of Carrier Global Corporation, a move aimed at bolstering its position in the building technologies and HVAC systems market. The acquisition, valued at $40 billion, is expected to enhance Honeywell's product offerings and drive growth in the sustainable energy sector. Meanwhile, Amazon continues its aggressive expansion of data center infrastructure, announcing plans to invest an additional $15 billion over the next three years to meet the growing demand for cloud computing and AI services. This investment will see the construction of new data centers across North America and Europe, further solidifying Amazon's dominance in the cloud services market.

Read the Full CNBC Article at:
[ https://www.cnbc.com/2025/06/09/honeywell-closes-an-acquisition-and-amazons-data-center-blitz-continues-.html ]

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