The veteran Fortune 500 CEO who turned an 80-year-old AC company into an AI darling
Reported by Fortune · fortune.com · August 22, 2026
First Dave Cote transformed Honeywell. Then out of retirement he placed a stunning bet on a little known company called Vertiv.
What the tape says
What to watch: Monitor chip inventory cycles — overhang periods precede sharp upside moves in semis.
Market reaction today: $HON -0.52%
Tone and severity are deterministic keyword classification — not a prediction, a member vote, or a recommendation. Figures are extracted from the headline as published. Wook does not republish Fortune's reporting.
Your read
Discussion
No one has weighed in yet. Start the discussion on this story.
Headline and link are attributed to Fortune. Wook of Wall Street is an independent research tool and is not affiliated with Fortune. Nothing here is financial advice or a recommendation — research and educational content only.