GE Vernova, cornerstone of AI energy trade, dips after Q4 profit trails estimates
, which makes turbines used in power plants and has been a cornerstone in the AI power trade, is falling after posting a mixed bag of Q4 results on Wednesday morning. Adjusted EBITDA of $1.16 billion ...
Bitcoin miners hit with downgrades, winter storm
Amid mounting fears that bitcoin is entering a bear market , miners are also facing challenges, including difficult pivots to AI and a winter storm that forced some miners to shutter their operations...
Plug Power jumps amid surge in call activity as CEO Andy Marsh hosts AMA
surged on Thursday, jumping nearly 17% amid elevated call activity as outgoing CEO Andy Marsh hosted an “ask me anything” on the r/PlugPowerStock subreddit. As many as 192,581 call options changed han...
GE Vernova rises on plan to address data center power needs
rose Friday as the market digested reports of Trump administration plans to effectively push hyperscalers to foot the bill for new power plants to feed the giant grid that’s home to some of country’s ...
Trump to push Big Tech to fund new power plants as AI drives up electricity costs
President Donald Trump is expected to announce a plan Friday morning that would require Big Tech companies to bid on 15-year contracts for new electricity generation capacity. The move would effective...
Talen soars on new power plant purchases in giant grid feeding Data Center Alley
soared early Thursday after the Houston-based utility said it had bought power plants in the massive PJM exchange, which has seen rising consumer prices linked to AI infrastructure.
Wedbush’s Dan Ives warns Trump’s new focus on household electricity bills risks “slowing down the data center buildouts” at a “crucial time”
Call it SophAI’s choice. President Donald Trump is aiming to shield American households from one of the negative side effects of the AI boom — higher electricity prices — by calling on tech giants to ...
Meta will suffer the most from shouldering higher data center costs
is down more than 2% today — a plunge that likely has something to do with President Trump’s post Monday evening saying tech companies would have to “pay their own way” when it comes to data center el...
Microsoft unveils “community-first AI infrastructure plan” after Trump calls out data centers for high electricity bills
is committing to paying up for its data center electricity needs so American households won’t have to face higher costs. This announcement comes after President Donald Trump posted on Monday evening t...
President Trump calls for tech giants to “pay their own way” on energy, says Microsoft will make “major changes”
The AI data center boom that’s driving massive growth for hyperscalers’ cloud businesses must “never” cause Americans to pay higher electricity prices, President Donald Trump wrote in a Truth Social p...
Vistra and Oklo soar on nuclear energy deals with Meta to support data center boom
AI utility darling and zero-revenues nuclear company are flying higher on Friday after both companies announced deals with Meta. Shares of both companies are up double digits as of 7:30 a.m. ET. The...
Bloom Energy surges on fuel cell deal with utility
Fuel cell maker and momentum stock favorite ripped early Thursday, after said one of its subsidiaries would exercise an option — from a previous agreement — to buy additional Bloom products for a fu...
Nuke stocks up as Venezuela intervention boosts political uncertainty
Shares tied to nuclear fuel and experimental forms of nuclear energy surged Monday, with a backdrop of geopolitical uncertainty in the wake of President Trump’s intervention in Venezuela and new Depar...
Airline stocks dip as US-Venezuela tensions send oil prices climbing
Oil prices are climbing on Monday as tensions between the US and Venezuela escalate , threatening to tighten global supply. West Texas Intermediate crude futures were up more than 2.6% in morning trad...
The stock market loves your rising electricity bill
Utilities with a footprint in the massive PJM Interconnection, the country’s largest power grid, were up Thursday after prices set in a key auction hit a record high of $333.44 per megawatt-day. Such ...
GE Vernova upped to “buy” at Jefferies
is up early, enjoying the benefits of both a rebound in the AI data center trade and an upgrade to “buy” from analysts at Jefferies. In a note published on Thursday, they wrote: “We upgrade to Buy. Mo...
Trump Media surges after announcing it is merging with fusion energy company TAE Technologies
Perhaps a strong late candidate for weirdest merger of the year, — owner of Truth Social — is combining with fusion energy company TAE Technologies in a $6 billion all-stock deal. As part of the deal...
This year was peak coal, as global consumption is set to decline through 2030, per new report
Humans have been burning coal to warm our homes, fire our hearths, and move machinery for more than a millennium — a relentless coal-burning habit that’s fueled much of the industrial revolution. But,...
Senators open investigation into data centers’ effect on consumer utility bills
As Big Tech builds more and more massive data centers in small towns around the country, the public is starting to ask questions about whether they are to blame for rising utility bills. Today Sens. E...
Nuclear power startup Oklo clears another regulatory hurdle
said the Department of Energy’s Idaho office approved a safety plan for its proposed nuclear fuel production plant at the Idaho National Laboratory, a center of nuclear research and testing in the US....