economy
March 13, 2026
Eaton Finalizes a Smart Acquisition to Advance Its AI Data Center Ambitions
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
TL;DR
- The S&P 500's early gains were erased on Friday due to a reversal in oil prices.
- Eaton acquired Boyd Thermal for $9.5 billion, enhancing its exposure to AI data centers and liquid cooling solutions.
- Nvidia's GTC conference and earnings reports from Micron and FedEx are anticipated next week.
- The Federal Reserve is expected to keep interest rates unchanged at its upcoming FOMC meeting.
- The CNBC Investing Club with Jim Cramer provides daily afternoon market updates.
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