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Data center stocks to buy on the AI boom: Jefferies

by Walter Watson
Data center stocks to buy on the AI boom: Jefferies

Artificial intelligence is set to give the global data center market a major boost, according to Jefferies, and usher in a “new era of electricity demand.” “As GPUs [graphics processing …

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UK stocks are outperforming the U.S., one CIO says they look ‘cheap’

by Ron Morgan
UK stocks are outperforming the U.S., one CIO says they look ‘cheap’

U.K. stocks are finally turning a corner after years of underperformance, according to one chief investment officer, who stressed that valuations are looking “very cheap.” The U.K. FTSE 100 is …

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Trump oil CEOs dinner: House Democrat probe

by Vera Ward
Trump oil CEOs dinner: House Democrat probe

Rep. Jamie Raskin (D-MD) speaks during a House Committee on Oversight and Accountability hearing on Capitol Hill in Washington, DC, on September 28, 2023. Mandel Ngan | AFP | Getty …

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Chevron CEO says natural gas demand will outpace expectations

by Walter Watson
Chevron CEO says natural gas demand will outpace expectations

Natural gas demand will likely outpace expectations as electricity consumption surges from artificial intelligence and data centers, Chevron CEO Mike Wirth told CNBC on Monday. “It’s a little hard to …

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AI could drive natural gas boom as utilities face surging electric demand

by Walter Watson
AI could drive natural gas boom as utilities face surging electric demand

A chimney from the Linden Cogeneration Plant is seen in Linden New Jersey April 22, 2022.  Kena Betancur | View Press | Corbis News | Getty Images Natural gas producers …

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Natural gas pipelines will profit from data center boom, Goldman says

by Walter Watson
Natural gas pipelines will profit from data center boom, Goldman says

The two largest pipeline operators in the U.S. are poised to benefit from the data center boom as rising natural gas demand requires billions of dollar of infrastructure investment, according …

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Analysts cut their price targets on these 10 stocks ahead of earnings

by Walter Watson
Analysts cut their price targets on these 10 stocks ahead of earnings

Analysts have lowered their expectations on several global stocks this week by cutting their price targets. The list of stocks includes auto stocks Tesla , Rivian and Aptiv , pharmaceutical …

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