Xylem's Amazon Partnership: A Wave of Investor Confidence
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Xylem stock surged nearly 3% after partnering with Amazon to deploy smart water tech in Mexico City and Monterrey, potentially saving 1.3 billion liters of water annually. The Xylem Vue software will tackle leaks, a major issue in Mexico City where 40% of water is lost. Xylem also hit a cybersecurity milestone, becoming the first in its sector to sign the Secure by Design pledge. Trading near its 52-week high, Xylem's rise reflects consistent earnings growth and positive forecasts, making it an attractive prospect for investors. Hosted on Acast. See acast.com/privacy for more information.