The Cooling Stock Heated Up After Earnings. Google Is Helping. - Barron's
1. Johnson Controls reported strong Q1 earnings; EPS rose to 64 cents. 2. The company expects FY 2025 EPS between $3.50 and $3.60, above expectations. 3. Record-high stock driven by a 16% YoY increase in orders. 4. Alphabet's $75B capital plan may boost data center-related demand for JCI. 5. Data center revenue doubled year-over-year, contributing to strong backlog.