JPMorgan says buy these power producers on the ‘paradigm shift’ in electricity demand from AI data centers

JPMorgan says buy these power producers on the ‘paradigm shift’ in electricity demand from AI data centers

Independent power producers Vistra , Constellation Energy and Talen Energy are positioned to benefit from a “paradigm shift” in electric demand from artificial intelligence data centers, according JPMorgan. The investment bank initiated coverage of the stocks Thursday with overweight ratings. Shares of the three power companies are poised for more upside even after their tremendous…

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FTX fraudster Caroline Ellison sentenced to 2 years in prison, ordered to forfeit  billion

FTX fraudster Caroline Ellison sentenced to 2 years in prison, ordered to forfeit $11 billion

Caroline Ellison, former chief executive officer of Alameda Research LLC, right, arrives at court in New York, US, on Tuesday, Sept. 24, 2024.  Michael Nagle | Bloomberg | Getty Images Caroline Ellison, the star witness in the prosecution of her former boyfriend, FTX founder Sam Bankman-Fried, was sentenced Tuesday in New York federal court to two…

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Constellation Energy to restart Three Mile Island nuclear plant, sell the power to Microsoft for AI

Constellation Energy to restart Three Mile Island nuclear plant, sell the power to Microsoft for AI

Norma Field walks under power lines coming off of the nuclear plant on Three Mile Island (TMI), with the operational plant run by Exelon Generation, in Middletown, Pennsylvania. Andrew Caballero-Reynolds | AFP | Getty Images Constellation Energy plans to restart the Three Mile Island nuclear plant and will sell the power to Microsoft, demonstrating the…

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