SPX Technologies, Inc. (SPXC)
SPX Technologies, Inc. (SPXC) is a global provider of infrastructure equipment and services, focusing on engineered solutions for sectors such as HVAC, industrial processes, and infrastructure. The company designs and manufactures products including valves, air quality systems, and other specialized equipment that support commercial, industrial, and residential applications.
Company News
Entrepreneur John Kaplan shared his trading experience using the Q Algo, a custom tool for trading SPX zero DTE options, highlighting his successful initial trades and transition from entrepreneurship to day trading.
SPX Corporation reported strong Q2 2025 financial results, with revenue increasing 10.2% to $552.4 million and adjusted EPS of $1.65, exceeding analyst expectations. The company raised full-year guidance and saw growth in both HVAC and detection & measurement segments through organic growth and strategic acquisitions.
SPX Technologies has acquired Sigma Heating and Cooling and Omega Heat Pump, a Toronto-based manufacturer of hydronic heating and cooling equipment, for approximately $144 million. The acquisition is expected to enhance SPX's HVAC business and provide growth opportunities in North America.
The article discusses covered-call funds, which hold stocks but also sell call options on their portfolios to generate high income. It highlights the risks of a highly concentrated tech fund like FEPI and recommends a more diversified covered-call fund like SPXX as a safer option.
Interpublic Group of Companies, Inc. (IPG) is scheduled to release its second-quarter 2024 results on Jul 24. The company has an impressive earnings surprise history, but the consensus estimate suggests a decline in revenues and earnings compared to the year-ago quarter.
