GE Vernova jumps after Q2 earnings beat, as CEO hails firm’s role in the AI capex supercycle
jumped in premarket trading Wednesday after the energy equipment giant posted better-than-expected Q2 results. The supplier of gas turbines to the energy sector — one of three companies formed when Ge...
Talen Energy buys new power plants, sending shares rocketing
, a power provider for hire with a focus on selling juice to the booming AI data center industry, announced the purchase of two gas-fired power plants that feed the massive PJM Interconnection grid, t...
Rare earth stocks rip on government deal
Companies linked to critical magnetic materials known as rare earths soared on Thursday after the US government announced plans to take a large stake in small-cap , the operator of the only rare eart...
Plug Power spikes more than 25% as option buyers love that it’s buying lots of hydrogen from an unnamed partner
Green energy has been an industry of steep peaks and deep valleys in recent months. For hydrogen fuel cell company , today is one of the peaks. Options activity in the stock is going berserk following...
AES, power provider to hyperscalers, is exploring a potential sale
Shares of are up double digits in premarket trading after Bloomberg reported that the company is willing to listen to acquisition offers. The Virginia-based operator of renewable energy power plants ...
Clean energy stocks slump as Trump looks to tighten access to tax credits from just-passed bill
Clean energy stocks are an extremely messy story. The likes of and got clobbered in mid-June after it looked like both chambers of Congress agreed on phasing out tax credits that benefit the industr...
Hut 8 skyrockets on energy deal, bitcoin price rally
Bitcoin miner just signed a five-year capacity deal with the Ontario Independent Electricity System Operator. Shares jumped almost 15% after the announcement and are still trading more than 14% up as...
Nvidia backs new data center power management startup Emerald AI
The amount of energy needed to power the massive data centers being built for the next wave of AI is staggering . But it isn’t flexible. “Traditionally, the power grid has treated data centers as infl...
Plug Power gets a jump from extensions included in Senate’s latest draft of tax bill
Provisions to the Senate’s tax bill added late Friday came with welcome news for beaten-down hydrogen fuel cell company . The stock climbed 10% in early trading Monday. In the Senate’s previous draft,...
By 2030, AI data centers could take a bigger share of carbon emissions than flights do currently
The AI boom has come with a slew of side effects, but beyond social implications, geopolitical complications, and economic transformations, the growing number of data centers used to power the tech co...
Plug Power slumps 9% as Senate’s tax bill guts green energy credits
Senate Republicans unveiled their tax bill, ending green energy tax credits earlier than the House version. The proposal would gut clean energy industries like solar and sent shares of beaten-down hyd...
Solar stocks sink as latest tax bill proposal targets clean energy credits
Solar stocks lost their shine Tuesday after the latest draft of President Trump’s tax legislation proposed phasing out solar, wind, and other clean energy tax credits by 2028. Shares of , , and all d...
Amid Israel’s strikes, Delta, American, United, and other airlines take a beating on oil’s surge and airspace closures
Israel’s air strikes on Iran sent oil prices spiking, with Brent crude futures climbing to more than $78 at one point — the biggest intraday jump since the early days of Russia’s invasion of Ukraine i...
Oklo seeks $400 million in new share offering after massive stock surge
Nuclear tech company saw its stock soar as much as 29% on Wednesday, reaching an all-time high. That same day, it announced a proposed public offering to raise up to $400 million in common stock .
US energy production hits new record high
The US produced more energy last year than ever before, reaching a nationwide total of more than 103 quadrillion British thermal units, according to data from the US Energy Information Administration ...
Energy stocks climb as trade talks spark demand optimism
Energy stocks surged Tuesday afternoon, with the jumping over 2% — far outpacing the rest of the market. The rally comes as US-China trade talks fuel hopes for a global economic rebound and ease dema...
Plug Power surges for second day after new electrolyzer deal, insider buy
Hydrogen fuel cell company is surging in premarket trading Tuesday, with shares up 13%. It marks the second straight day of double-digit gains for Plug, which closed up more than 25% on Monday. Inves...
Constellation Energy spikes after sealing 20-year deal to sell nuclear power to Meta for AI
On Monday, news from Meta sank ad agencies . On Tuesday, the social media giant is helping to send another industry’s stocks skyward. is surging double digits in premarket trading after striking a dea...
A new carbon capture innovation is good news for the planet — and Big Tech
MIT engineers reported on Tuesday that they’ve developed nanofiltration membranes to help solve the bottleneck hindering current carbon capture methods. Put simply, carbon capture and storage (CCS) sy...
It’s a cloudy day for solar stocks, as clean energy tax credits are threatened
The overall market is down only slightly, but several solar-related names were among the day’s worst performers midday, after GOP lawmakers in the House of Representatives said they intend to axe cle...