GE Vernova up as Evercore ISI initiates shares with “outperform”
Analysts at Evercore ISI began coverage of AI energy play with an “outperform” rating and a price target of $860 on Monday, citing a number of reasons to be bullish about the maker of turbines used f...
The power play behind Hyperion, Mark Zuckerberg’s colossal data center being built in rural Louisiana
In July of last year, community leaders in rural Richland Parish, Louisiana — population 20,043 — approved financing terms for a new project tied to billions of dollars in tax breaks. A Delaware compa...
Fermi drops after tenant terminates $150 million contract
fell in early trading on Friday after it disclosed that its first tenant for its planned Project Matador power grid site has terminated its $150 million contract. Fermi, which was cofounded by former ...
GE Vernova soars after lifting outlook and doubling dividends amid AI-powered electricity boom
is up more than 10% as of 6:05 a.m. ET, after the maker of power generation equipment raised its multiyear earnings forecast and boosted shareholder returns. At Tuesday’s investor day, the company sai...
The AI bubble may be constrained by energy supply
Big Tech companies like OpenAI, xAI, , , , and are racing each other to spend tens of billions of dollars on massive AI data centers. But no matter how many GPUs you acquire through a complex partne...
Oklo slides after launching $1.5 billion at-the-market equity offering program
has no revenues and an extremely high valuation. Put the two together and this happens: After the close on Thursday, a filing showed that the nuclear energy company entered into a pact with various fi...
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AI energy plays soar on an explosion of call buying
Like their quantum computing counterparts , AI-linked energy plays are benefiting from an explosion of bullish options activity on Thursday. is up double digits with call volumes above 106,000 as of 2...
AI energy plays surge amid one-way bullish options traffic
The smaller, more speculative AI-linked energy plays are back in full boom mode on Tuesday, driven by a speculative bid in the options market. Zero-revenues nuclear firm is up nearly 9% as of 10:10 a...
Citi ups Oklo price target as company executes “on all fronts”
Citi analysts lifted their price target for aspiring nuclear power provider Monday, after meeting with management last week. They cited progress on the company’s reactor licensing strategy, its new r...
Airlines climb on falling oil prices as the US pushes for a Russia-Ukraine peace deal
Oil prices fell on Friday, with West Texas Intermediate crude futures down more than 2% amid a US push for a peace plan between Russia and Ukraine. The US has reportedly pitched a deal that would see ...
Clean energy investment hit a new record last quarter, mostly driven by EVs
The expiry of electric vehicle tax credits didn’t just do wonders for the sales figures of automakers like Tesla; it also contributed to the best quarter of clean energy investment ever in Q3 this yea...
GE Vernova jumps after company secures first wind repower upgrade contract outside the US with Taiwan Power
is soaring as its onshore wind repower business goes international. The company signed a deal to supply 25 repower upgrade kits to Taiwan Power Company, which will modernize its existing fleet to exte...
Oklo surges after signing contract with Siemens Energy to accelerate progress of its advanced fission power plant
is soaring in early trading after the nuclear energy company signed a binding contract with Siemens Energy for steam turbine and generator systems to advance its nuclear power plant. As part of the ag...
Constellation rises on federal loan for Three Mile Island restart
shares rose after the federal government said it will extend $1 billion in financing to the effort to restart the mothballed Three Mile Island nuclear plant. Constellation Energy, which owns the large...
Analysts shrug off Oklo’s deeper-than-expected loss
Shares of high-flying retail favorite rose Wednesday after the developer of modular nuclear reactors reported a wider-than-expected loss Tuesday after the close. Analysts seemed to give the company c...
Nuke startup Oklo reports disappointing Q3 results
, the nuclear power startup that’s attained a market valuation of more than $15 billion despite the fact that it has no revenues and likely won’t for years, reported Q3 results on Tuesday after the cl...
Plug Power reports modestly positive Q3 results after topsy-turvy session
is little changed in after-hours trading after posting Q3 results a bit ahead of estimates. The on-again, off-again meme stock and hydrogen fuel cell company reported: Revenue: $177.1 million (compare...
Plug Power soars on planned collaboration with US data center developer, highlighting its “growing presence in the rapidly expanding” sector
Shares of are jumping double digits as of 7:30 a.m. ET after the hydrogen fuel cell company announced that it “has signed a non-binding Letter of Intent to monetize its electricity rights in New York...
Top AI energy trade Constellation Energy slips on earnings
Nuclear power plant operator reported Q3 earnings Friday before the start of trading in New York that fell short of analyst profit expectations and sent shares lower. The owner of the largest fleet o...
Vistra misses sales and profit estimates, stock drops
, the power provider that’s played a starring role in this year’s AI energy trade , reported weak earnings early Thursday, sending its shares lower. The Texas-based company, which supplies nuclear- an...