$93.10
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As of May 8, 9:31 PM ET ·
NEE News12 articles
Oil Surge and Geopolitical Risk Rattle Wall Street, UBS Warns of Underestimated Impact
Brent crude surged 5.8% to $114.44 after new attacks in the Strait of Hormuz, while the S&P 500 fell 0.41%. UBS warns investors are missing the bigger risk of sustained economic damage.
Commodities
NextEra Energy to Build 3 GW Solar for Arizona Utility Amid Data Center Boom
NextEra Energy will develop 3,000 MW of solar for Salt River Project in Arizona to meet rising power demand from data centers. The first 500 MW are scheduled for 2029.
Markets
Vistra Corp. Prepares for Q1 Earnings with Dividend Announcement and Analyst Caution
Vistra Corp. declared a $75 million quarterly dividend ahead of May 7 earnings. JPMorgan cut its price target to $231, while the company's Cogentrix acquisition and Meta nuclear deals shape growth.
Earnings
NextEra Energy Secures Major Arizona Solar Contract Amid Surging Power Demand
NextEra Energy Resources and Salt River Project have agreed to build 3,000 MW of solar capacity in Arizona by 2034, enough to power 595,000 homes, as utilities scramble to meet soaring electricity demand.
Markets
Major Stake in CenterPoint Energy Revealed by Vanguard
Vanguard revealed a 49.4 million-share stake in CenterPoint Energy, as the utility posts higher Q1 earnings and a steady dividend amid rising data center demand.
Markets
CenterPoint Gains Investor Attention on Dividend, Growth Outlook
CenterPoint Energy shares closed at $42.33 as Nordea Investment Management increased its stake by 14.3%. The utility reaffirmed its 2026 adjusted EPS guidance of $1.89-$1.91 and $0.23 quarterly dividend.
Analysis
Babcock & Wilcox Secures $2.4B AI Data Center Power Deal, Shares Surge
Babcock & Wilcox Enterprises has been authorized to begin work on a major $2.4 billion contract to provide natural gas-fired power systems for Applied Digital's AI data center campuses, sending its shares up nearly 31%.
Markets
Hog Futures Slide, Dollar Surges as Inflation Fears Mount
Lean hog futures declined Monday due to low volume and higher slaughter rates, while the U.S. dollar rallied to a five-week peak on renewed inflation worries. Separate analysis suggests AutoZone and NextEra Energy shares may be overvalued.
Markets
Lean Hog Futures Drop, Dollar Surges to 5-Week High
Lean hog futures declined Monday as trading volumes remained thin, while the U.S. dollar rallied to a five-week peak fueled by inflation concerns and rising Treasury yields.
Markets
Utilities Sector Surges on Falling Bond Yields, Key Fed Data Ahead
The utilities sector outperformed Friday, with the Utilities Select Sector SPDR Fund (XLU) climbing 2.8% to $46.50 as Treasury yields declined following mild inflation figures. Key earnings and regulatory approvals bolstered individual stocks.
Markets
Utilities Sector Edges Higher Amid Key Economic Data Watch
The utilities sector posted modest gains last week, underperforming the broader market rally. Investors are focused on upcoming inflation and jobs reports, along with earnings from Duke Energy, which could influence bond yields and sector performance.
Markets
NextEra Energy Approaches Record High Following $1.3 Billion Bond Offering
NextEra Energy shares edged higher, nearing a new peak after a major debt issuance. Investors now await upcoming U.S. jobs and inflation data for direction on interest rates.
Markets