Carrier warns of 40% residential HVAC drop, highlights data center growth

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Technician services outside AC units and generator.

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At Morgan Stanley’s 13th Annual Laguna Conference, Carrier Global (NYSE:CARR) Chairman Chief Executive David Gitlin delivered a frank assessment of mounting headwinds in the residential HVAC market, while highlighting areas of robust growth, including commercial HVAC, data centers, and aftermarket services.

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