Coherent Corp. (COHR) Downgraded to Neutral Amid Rapid YTD Gains, Long-Term AI Potential, and FY25 Headwinds

By Yahoo! Finance | Nov 5, 2024 at 03:27 PM EST

A McKinsey study predicts a significant increase in data center power consumption in Europe by 2030, with a projected investment of $300 billion in infrastructure. This growth will require a boost in electricity supply, driven by the rising demand for AI technologies.

Did you find this insightful?

Bad

Just Okay

Amazing

We are preparing, please wait

New Alert

Select an alert type

Sentiment Spike

Send email alert if news sentiment changes significantly

Mentions Spike

Send email alert if has a surge in mentions

Choose sentiment spike or mentions spike or both to receive email alerts and app notification for the selected stock.
Note: Please be aware that you will receive an email only once a day, around 8:00 AM (EST), in the event of any spike.
In future if you don't want to receive any email then delete stocks added into alert section.