SLB to Acquire Kelvion for $3.4 Billion to Tap AI Data Center Cooling Market

The news is likely to be viewed positively as a strategic acquisition that enables SLB's entry into the AI data center cooling market. Technical indicators point to a strong uptrend, with the RSI at 75 indicating overbought conditions, the MACD positive, and the price trading above its moving averages. However, profit-taking may occur in the short term due to overbought conditions and the sharp daily gain. Therefore, while the trend remains upward, confidence is maintained at a moderate level.

The news highlights corporate investments in AI data center infrastructure, which could indirectly have a positive impact on demand for NVDA chips. Technically, the price is above the 20-day and 50-day moving averages, with RSI in neutral territory and MACD below the signal line but positive. In the short term, momentum may be limited to the upside, but since the news is not directly specific to NVDA, the impact should remain moderate. The broader market perception of increased AI infrastructure spending could provide slight support for the stock.

Although the news is not directly related to AMD's core business, it signals consolidation in the AI data center cooling market, which could intensify competition and cost pressures in the sector. Technical indicators remain weak: the price is below both the 20-day and 50-day simple moving averages, the RSI is in negative territory at 42, and the MACD is below its signal line. The 3.2% decline over the last 24 hours suggests that short-term selling pressure may persist. While the headline does not directly impact AMD, the shift of AI infrastructure investments toward ancillary sectors such as cooling could indirectly raise questions about AMD's growth prospects. Therefore, downward movement is likely to continue in the short term, but since the stock is not in oversold territory, the decline is expected to remain limited.

The news focuses on SLB's entry into the AI data center cooling market, which is not a direct catalyst for VRT but could intensify competition in the sector. Technical indicators are weak: RSI at 38.9 is near oversold territory, MACD is negative and below the signal line, and the price is below both the SMA20 and SMA50. A decline of 1.97% over the last 24 hours indicates negative short-term momentum. The news may indirectly threaten VRT's position in cooling technologies, but the impact could be limited. In the short term, the price is more likely to continue its downward trend or move sideways.