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The Industrial Select Sector SPDR Fund (XLI) broke out above $155, driven by key components GE Vernova (GEV) and RTX Corp. (RTX), which are up 107% and 57% year-to-date, respectively.
Micron Technology (MU) stock increased by 10.21% to $248.55 after Bank of America upgraded its rating to 'Buy' and set a $300 price target.
GE Vernova's stock fell 10.5% to $614.19, contrasting with broad growth in the green hydrogen sector driven by clean energy incentives.
Three AI-related firms, GE Vernova, Pure Storage, and Lattice Semiconductor, initiated substantial stock buybacks to signal confidence despite diverging stock performances.
Stock markets showed signs of weakness on December 17, with GEV falling 10.50%, after a Federal Reserve official called for a pause on interest rate cuts following new jobs data.
Goldman Sachs raised its price target on GE Vernova (GEV) to $840 from $735, citing a positive outlook for the power market and the company's revised 2028 financial targets.
GE Vernova (GEV) stock dropped 10.50% on December 17, 2025, becoming the S&P 500's worst performer following concerns about a new chip start-up.
GE Vernova's stock dropped due to investor concerns about its role in powering AI data centers, while Procter & Gamble was upgraded to 'Buy' and Gap, Inc. received two 'Outperform' ratings.
Political pressure on electricity rates creates uncertainty for utility stocks in 2026, despite the sector delivering 16% returns so far this year driven by AI data center demand.
Leverage Shares launched four new 2x single-stock ETFs on December 16, 2025, offering leveraged exposure to IREN, BE, GEV, and SATS with a 0.75% fee.
GE Vernova has announced its entry into the fuel cell market, targeting the rapidly growing power demands of AI data centers. The move positions the industrial giant as a direct competitor to incumbent Bloom Energy, signaling a significant shift in the energy landscape for the tech sector.
Evercore ISI initiated bullish coverage on seven industrial stocks, citing rising electricity demand from AI data centers and manufacturing reshoring. The move reflects a broader market pivot to infrastructure plays powering the digital economy.
Utility stocks, traditionally valued for stable dividends, are being re-evaluated as growth investments due to the massive energy requirements of artificial intelligence data centers. Analyst commentary, led by Jim Cramer's endorsement of AES, signals a strategic shift in market perception.
Jim Cramer's bullish endorsement of GE Vernova (GEV) spotlights the growing investor focus on the critical role of power generation in supporting the artificial intelligence boom. The stock's potential is increasingly linked to the massive energy requirements of AI data centers.
Bank of America has shifted its investment strategy for the U.S. power and utilities sector, advising selective stock picking in anticipation of a structural repricing driven by massive electricity demand from AI and data centers.
US equity futures climbed in pre-bell trading as markets anticipate a crucial week of delayed economic data. Investors are weighing optimism from a recent Federal Reserve rate cut against mixed corporate signals and the potential for heightened volatility heading into year-end.
Entergy Texas is upgrading its grid infrastructure with regulatory approval for a new 500-kV transmission line to support Southeast Texas's economic growth and rising electricity demand, which is intensified by a boom in data center development.
Venture Global has announced its first-ever cash dividend and secured two 20-year LNG supply agreements, signaling a strategic shift toward long-term cash flow generation and shareholder returns. The moves provide future revenue visibility but do not resolve near-term execution risks.
Shares of LNG developer Venture Global fell 11.9% in the first week of December, bucking a trend of positive operational and strategic news across the U.S. LNG sector, which suggests investors are scrutinizing individual company performance closely.
Major US industrial firms like General Motors, GE, and Boeing are receiving a wave of analyst upgrades. The bullish sentiment is driven by improved earnings guidance, strategic domestic investments, and exposure to long-term growth trends in aerospace, defense, and energy.