Utilities

Why Lennar is betting on a startup building backup batteries for Texas homes
In a warming world with increasingly extreme weather events, homeowners are turning to backup batteries for relief and peace of mind. But the backup only lasts only so long, and there’s a bigger problem at play: aging power grids. Enter the virtual power plant, managed through a cloud-based system. It’s a fertile market for a […]
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This fund is designed to help investors withstand wild market swings
ETF Edge This fund is designed to help investors withstand wild market swings Published Sat, Apr 19 202511:00 AM EDT Krysta Escobar WATCH LIVE Source
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Experts say high food prices are here to stay. Here’s why
Inflation has steadily cooled over the past two years, despite seeing a slight stall in October and November. Prices for items such as gasoline, used cars and energy have all declined accordingly. However, food prices continue to outpace inflation, increasing by 28% since 2019. More than 85% of consumers report feeling frustrated with rising grocery […]
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New Zealand sinks into recession, more rate cuts coming
Buildings in Auckland, New Zealand, on Tuesday, Sept. 13, 2022. Photographer: Fiona Goodall/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images New Zealand’s economy sank into recession in the third quarter as activity dived far more sharply than expected and output in the prior quarter was slashed, a dire result that cements the case for […]
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Best utilities to own in 2025 after breakout year for sector, according to KeyBanc
Investors should take a selective approach toward utility stocks in 2025 as the incoming Trump administration could create a more challenging environment for the sector, according to KeyBanc. The utility sector has rallied nearly 25% this year as investors realized increased electricity demand from artificial intelligence is not a passing fad, analyst Sophie Karp told […]
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This niche AI play is seeing business growth rates that are triple the pace of the data centers
As artificial intelligence fuels the boom in data center growth, investors are eyeing a new frontier: the companies keeping these digital powerhouses cool. nVent Electric , Vertiv and Modine Manufacturing have seen their stocks soar in 2024, buoyed by partnerships with tech giants investing billions in AI infrastructure. Despite the gains, Wall Street believes these […]
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American Water, largest water utility, hit by cyberattack at time of rising threats against U.S. water supply
Picture Alliance | Picture Alliance | Getty Images American Water, the largest water utility in the U.S., disclosed that it had been hit by a cyberattack. The Camden, New Jersey-based company said in a security statement on its website that it had learned of “unauthorized activity in our computer networks and systems” last Thursday, which […]
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It’s too late to buy utilities — a red-hot AI play — except for 2 stocks, says top Morningstar strategist
Utilities stocks have been a red-hot play off the artificial intelligence boom, with AI leading to the need for much power. The Vanguard Utilities ETF, for instance, has soared nearly 21% year-to-date, more than the S & P 500’s 18%. But the sector has now run too far, according to Morningstar’s Dave Sekera. He said Morningstar […]
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