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Wells Fargo raises PT on US utility firms

BUZZ-Wells Fargo raises PT on US utility firms ** Wells Fargo raises price target on utility cos on growing investor recognition that electric utilities are key enablers of the AI infrastructure build-out ** Brokerage says that the somewhat lower and more stable rate environment has left the power industry on firmer footing ** Sees data centers as a key focus for long-term discussion on both their opportunities and risks ** Adds "resiliency and storm preparation will also be a theme in light of
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Microsoft deal signals booming demand from data centers to power AI

FACTBOX-Microsoft deal signals booming demand from data centers to power AI Adds Constellation Energy and Microsoft deal in paragraphs 4 and 5 Aug 12 (Reuters) - U.S. utilities are finally signing concrete supply deals with data-center operators as the artificial-intelligence wave sparks a surge in power demand, paving the way for higher profits in the coming quarters.
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U.S. Factset, FedEx, Thermo Fisher Scientific

U.S. RESEARCH ROUNDUP-Factset, FedEx, Thermo Fisher Scientific Sept 20 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Factset, FedEx and Thermo Fisher Scientific on Friday. HIGHLIGHTS * Arthur J. Gallagher & Co. AJG.N : RBC raises target price to $320 from $310 * Factset FDS.N : RBC raises target price to $503 from $464 * FedEx Corp FDX.N : Baird cuts target price to $320 from $340 * IQVIA Holdings Inc IQV.N : Baird
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Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Tesla Inc TSLA.OQ +6.5% Airbnb Inc ABNB.OQ +6.3% Advanced Micro Devices Inc AMD.OQ +5.9% PayPal Holdings Inc PYPL.OQ +5.8% Baker Hughes Co BKR.OQ +5.7% Bottom Performers Percent Change American Electric Power Company Inc AEP.OQ -1.7% Dollar Tree Inc DLTR.OQ -1.4% Exelon Corp EXC.OQ -1.3% O'Reilly Automotive Inc ORLY.OQ -1.2% Xcel Energy Inc XEL.OQ -0.8% The Nasdaq 100 .NDX gained
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Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Dexcom Inc DXCM.OQ +4.3% PepsiCo Inc PEP.OQ +2.6% Monster Beverage Corp MNST.OQ +2.5% Xcel Energy Inc XEL.OQ +2.3% Super Micro Computer Inc SMCI.OQ +1.7% Bottom Performers Percent Change ON Semiconductor Corp ON.OQ -9.9% Constellation Energy Corp CEG.OQ -9.5% NVIDIA Corp NVDA.OQ -9.5% KLA Corp KLAC.OQ -9.5% Intel Corp INTC.OQ -8.9% The Nasdaq 100 .NDX lost 645.25 points, or 3.30%,
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Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Atlassian Corp TEAM.OQ +3.3% Warner Bros Discovery Inc WBD.OQ +3% Xcel Energy Inc XEL.OQ +2.3% Charter Communications Inc CHTR.OQ +1.6% Lululemon Athletica Inc LULU.OQ +1.6% Bottom Performers Percent Change PDD Holdings Inc PDD.OQ -28.7% Super Micro Computer Inc SMCI.OQ -8.8% Arm Holdings PLC ARM.OQ -4.9% Micron Technology Inc MU.OQ -4.4% Broadcom Inc AVGO.OQ -4.4% The Nasdaq 100
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S&P 500 top and bottom performing stocks at about 03:30 p.m. EDT

BUZZ - S&P 500 top and bottom performing stocks at about 03:30 p.m. EDT S&P 500 .SPX Top Performers Percent Change Dayforce Inc DAY.N +4.2% Warner Bros Discovery Inc WBD.OQ +3% Jack Henry & Associates Inc JKHY.OQ +2.6% EOG Resources Inc EOG.N +2.6% Xcel Energy Inc XEL.OQ +2.3% Bottom Performers Percent Change Super Micro Computer Inc SMCI.OQ -8.4%
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Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Warner Bros Discovery Inc WBD.OQ +4.0% Atlassian Corp TEAM.OQ +2.8% Xcel Energy Inc XEL.OQ +1.9% Charter Communications Inc CHTR.OQ +1.9% PayPal Holdings Inc PYPL.OQ +1.5% Bottom Performers Percent Change PDD Holdings Inc PDD.OQ -30.9% Super Micro Computer Inc SMCI.OQ -7.9% Arm Holdings PLC ARM.OQ -5.3% Marvell Technology Inc MRVL.OQ -4.2% Broadcom Inc AVGO.OQ -3.9% The Nasdaq 100
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US utilities signal booming demand from data centers as AI takes root

FACTBOX-US utilities signal booming demand from data centers as AI takes root Aug 12 (Reuters) - U.S. utilities are finally inking concrete supply deals with data-center operators hungry for more power amid a boom in artificial intelligence, paving the way for higher sales and profit in the coming quarters. Data centers are expected to account for 8% of the power generated in the U.S.
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Xcel Energy reports higher Q2 profit

Xcel Energy reports higher Q2 profit Aug 1 (Reuters) - Xcel Energy XEL.O reported higher first-quarter profit on Thursday helped by higher electricity demand during summer. The electric and natural gas utility said quarterly performance was helped by higher infrastructure investments and warmer-than-normal weather. "We continue to advance proposals to enhance the resiliency and sustainability of our system...
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Fed nods to cut, chips rebound, BoE up next

MORNING BID AMERICAS-Fed nods to cut, chips rebound, BoE up next A look at the day ahead in U.S. and global markets from Mike Dolan The Federal Reserve left Wall Street with little doubt about a first U.S. interest rate cut in seven weeks' time, but multiple cross-currents from the earnings season , Japan and China, and domestic politics all make for a noisy start to August.
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Xcel Energy Inc <XEL.OQ> expected to post earnings of 57 cents a share - Earnings Preview

Xcel Energy Inc expected to post earnings of 57 cents a share - Earnings Preview Xcel Energy Inc XEL.OQ XEL.O is expected to show a rise in quarterly revenue when it reports results on August 1 for the period ending June 30 2024 The Minneapolis Minnesota-based company is expected to report a 8.8% increase in revenue to $3.287 billion from $3.02 billion a year ago, according to the mean estimate from 5 analysts, based on LSEG data.
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